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The Exit Of Shipping Firms From Nigeria - Business (3) - Nairaland

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Re: The Exit Of Shipping Firms From Nigeria by InvertedHammer: 3:46pm On Sep 10, 2016
/
Are things bad in Nigeria?

OR

Are things returning to normal?

This is a very tough question because anyone born after 1980 will not know what is normal. Something is going on in Nigeria. I don't know what it is but there is a pattern--catastrophic problems come and disappear overnight. From fuel scarcity, ebola, tomatoes, rice to forex. Someone or some group are really working hard behind the curtains to take over Nigeria.

Most great nations were borne out of recession. US had great depression. Japan, Russia, China had periods of recession. But they all came out great. Necessity is the mother of inventions. Are Nigerians inventing? Or are they resorting to being cry babies?
\

1 Like

Re: The Exit Of Shipping Firms From Nigeria by adconline(m): 3:50pm On Sep 10, 2016
slimfit1:


I don't see Nigerians or nairaland trying to see positves or tips from your point later they will start complaining. funny enough its the Igbo people that is supposed to benefit from these new government policies because they are the once that produce local goods in Aba. I'm still waiting for the time they would understand and see opportunities

(snooze and you loose people)

We can't be importing and not export for goodness. The US export and import that is why the dollars is stronger. common sense the governments stance is to give you the opportunity to compete within yourselves not with foreigners.
Why are displaying your contagious ignorance. US imports more than it exports but has a stronger currency than China which exports more than it imports.. Go back to ECONS 101
Re: The Exit Of Shipping Firms From Nigeria by slimfit1(m): 5:12pm On Sep 10, 2016
adconline:

Why displaying your contagious ignorance. US imports more than it exports but has a stronger currency than China which exports more than it imports.. Go back to ECONS 101

So why do you think China refused to make their currency stronger ?

2 Likes

Re: The Exit Of Shipping Firms From Nigeria by Dee60: 5:16pm On Sep 10, 2016
Government should.........! Why must everything be government? Yes, there is recession but can government be everything?

1 Like

Re: The Exit Of Shipping Firms From Nigeria by adconline(m): 5:58pm On Sep 10, 2016
slimfit1:


So why do you think China refused to make their currency stronger ?
Send me N3000 recharge card to load some MB in order to answer ur question
Re: The Exit Of Shipping Firms From Nigeria by adconline(m): 6:02pm On Sep 10, 2016
Dee60:
Government should.........! Why must everything be government? Yes, there is recession but can government be everything?
What has govt done? If we expected past govts to fix our problem, why can we demand the same from this govt?
Re: The Exit Of Shipping Firms From Nigeria by cindyrocks(f): 7:48pm On Sep 10, 2016
So cool.
4wrd9ja:

Every thing about you is beautiful, you refused to be polluted by change, your views are laid out so simply that I think and hope it will cure even the chronic zombies.
Re: The Exit Of Shipping Firms From Nigeria by whitebeard(m): 8:31pm On Sep 10, 2016
DeRay98:


Thank you. You have insight into things go. As some are moving out others are moving in to take opportunities. Only haters are feeding each other with such news and killing themselves. While the wise ones are taking position for opportunity recession presents...
thank you..I am trying to help my country

1 Like

Re: The Exit Of Shipping Firms From Nigeria by Partteen: 12:07am On Sep 11, 2016
Hmm, Isaac sowed in the land during famine and he reaped a 100 fold.

My God uses the foolish things of this world to confound the wise. If you are seeking for a way out of this recession, kindly call me on this number 08189699388 to know how if you live in Lagos.
Re: The Exit Of Shipping Firms From Nigeria by 19naia(m): 12:17am On Sep 11, 2016
Why should the government do anything to encourage the foriegn shipping companies to stay? The foriegn shippping companies are an imported service and their service is also to import. Its a trap to stay chronically stuck in imported goods and imported services.

The point is that Nigeria does not need to import shipping services. Let Nigeria pay into local shipping companies and even let the government subsidize them to help them grow. Maybe import some ships but let them operate as Nigerian owned as a locally based service that can export Nigerian goods and Import foriegn goods.

Those who are serious and addicted to foriegn dependency and exploitation should go and buy from the Benin republic border from other ports in west Africa. Nigeria's economy is big enough for that and the neighbour countries will benefit and reciprocate their economic gain back towards buying more Nigerian made goods.
But when Nigerian shipping companies are grown, it will make a huge difference for Nigeria. Why import shipping companies to ship in imports. Double jeopardy.

Its bad enough that Nigeria is over dependent on imports, but to go to the extreme of dependency on foreign shipping companies to bring those imports is just a more compounded problem of Nigerians not doing anything for themselves.
Let the shipping companies go and Nigeria can buy its own ships and do its own shipping.
If there are foriegn ports that strategically ban Nigerian ships so as to trap Nigeria in Foriegn service dependency, then Nigeria will know its exploitation to keep Nigeria trapped and reason to avoid buying from those countries. If Nigerians love that Exploitation and trapping in paying all their money to enrich foreign companies, then they should keep quite and enjoy this resulting economic recession that comes with it.

You know its a sign of chronic foreign dependency when the first thought in mind is to beg the shippers to come back when there is the option to do more made in Nigeria shipping services. Eventually Nigeria wants to grow productivity to make significant exports, and that makes a perfect opportunity now to build Nigerian home grown shipping companies that will be there when the time comes to service the export of Nigerias Products. Its a trap every time you look away from yourself and towards another country to do or makes something for you and then pay added fees for them to bring it while able bodied Nigerins are unemoloyed and nigerian resources remain untasked towards stable local development.
Re: The Exit Of Shipping Firms From Nigeria by 19naia(m): 12:32am On Sep 11, 2016
slimfit1:


So why do you think China refused to make their currency stronger ?

Thank you
You have asked the revealing question that leads to the truth.

It Is To keep the USA attracted to Buying from China which has enriched china to the brink of surpassing the wealth of USA economy.
Currency value is never the real measure of economy. Japan is a top tier nation and their currency is a much lower value than Chinese or american currency.

Chinese Juan Renminbi is 6.6 to $1
Japanese Yen is 102 to $1

And yet USA with all of its auto manufacturing and invention of automobile, buys more Japanese cars for the reliability. Japam is actually manufacturing many of its cars in USA to make it cheaper for USA to buy. Same as Auto manufactureres setting up industry to make cars in Nigeria as a means to bring cost within reach of Nigerians. They sell more when it is more affordable.

USA is losing economically in many ways but it still has the lead in some major massive and high tech sectors. Aircraft manufacture, military hardware and weapon manufature, heavy industry machines, computers, oil production, chemical sciences , medical sciences and most other sciences and America sells huge amounts of education to people from around the world. Holding a USA degree is premium product in hand in the eyes of the world. Amd USA degree is not cheap for foriegners unless they get scholarships or grants.

There are countries poorer than USA and their currency is stronger than USA currency. British pound, and some middle eastern currencies.
Currency is not the measure or economy or productivity. China is the most Productive while USA is among the most Innovative.

1 Like

Re: The Exit Of Shipping Firms From Nigeria by 19naia(m): 1:19am On Sep 11, 2016
In a time when Physicist, engineers and other men well learned in high sciences of their day tried to crack the secret to making machines that would fly like birds, it was common Bicycle mechanics with experience in other trades who unlocked the secret to a lift wing and then to self propelled flight.
This is the reality of the merit culture we live in where we predetermine who has competency and who does not based on preconceived notions or systemic expectations such as the prejudice that puts faith only in degree holders yet the degree program they studied under was managed by computers and software invented by people who never finished university. That the only hope of any one who wants to one day fly and own a private jet is to finish University because a bicycle mechanic, vulcanizer or such will never have the knowledge to work out a way to afford a jet plane? Meanwhile it was common bicycle mechanics the Wright brothers who invented the first working airplane. Very few people who can affrod private jets know how to invent one or fly one. How many bicycle mechanics can afford an airplane? There is a man who left university never graduating and he is a major servicer of NASA and US Airforce rocket science amd weapons systems needs. Everything from laser sytems to physica and engineering intensive projects. He is simply the best and many who graduated from where he never completed, they covet to work for him. Simply innovative rather than educated.

Nigeria is plagued with all the money being in incompetent people's hands who have been bred in a very prejudiced merit culture.
This is the issue behind why Nigeria always sells out to imports and wallows in self loathing of incompetence. Nigerians do as they are told and not as they can innovate to discover with faith in themselves.
Nigeria can do it but nigeria will never have the faith in self until it can have the faith in common people like mechanics, vulcanizers, farmers and people who work with their hands rather than those who work with their mouths and a demented sense of a big man who has never produced a thing in his life other than gone to school and played the expected image of that.

USA is full of top inventors who made very advanced technical products without an education in formal school. Nigeria is trapped in institutional thinking and developed intstitutions before it ever developed the roots of what it is lacking. The institutions for everything is there but it is empty of fruition because the source of everything is in the common man with working hands and innovative mind. That is repressed in Nigeria by big man mentality that allows and encourages only what protects the big mans status, priviledges and the basic continuation of the said system whilst only room to exploit is made.
I have more faith in taking chances with a vulcanizer or street mechanic to go into productive investments. Some one who thinks creatively from his hands and experiences the dirty side of all good things. Na him go sabi how to invent and innovate, not some college educated puppet of institution who does not want dirt to touch his hands or to bend his back to experience hands on and learn real world dynamics of all things enhancing to quality of life.
All positions in commerce, be it banking or government are based on material products that stem from food, to shelter , to clothing, and up from there. Without a product being made or innovated, banks and governments with all their money are nothing. Stock traders will be empty souls lost with nothing but numbers and charts that provide no nutrition, shelter or real value at all. Dangote is full of real product investments and the understanding of the value of performance rather than merit by image. So what if you King Gogo of Ogbowolo, what have you made or serviced other than the show of image of status?

Afrcans used to be humble but vanity has spoiled many of them and lessened their potentials to learn and innovate for themselves.
If Dangote can run a multifaceted mega productive industrial empire in Nigeria, then its possible for Nigerians to run their own shipping companies. Just insert the right minds and trust me a university conditioned mind is not the first meritable trait to present. Nigerian disfunction is full of University merited people who know nothing but self agrandization and an aversion to doing anything productive for themselves, only taking salary and ordering others to do for them while looking for ways to extort money from any stray soul.

Faith in the humanity Nigeria is very important and it will be helpful to place better value on human life rather than just fodder for road kill.
Re: The Exit Of Shipping Firms From Nigeria by elsomm(m): 6:55am On Sep 11, 2016
oduastates:


When you have nothing to sell and cannot afford to pay for the conspicuous consumption.
All this means nothing to me apart from making the country have a rethink on how Nigerians engage the world.
Perhaps one place to start is to start trading locally made goods in the west African market


Did you even reason at all before spewing that? How will the goods to be traded between West African countries be transported? By road alone?
Re: The Exit Of Shipping Firms From Nigeria by FakoMaybach1: 9:59am On Sep 11, 2016
Araoluwa005:
NIGERIA WILL BE GRATE AGAIN. IN JESUS NAME
Respect yourself and leave jesus out of your zombeizm ooo
Re: The Exit Of Shipping Firms From Nigeria by Araoluwa005(m): 12:40pm On Sep 11, 2016
FakoMaybach1:

Respect yourself and leave jesus out of your zombeizm ooo
Sir we need to keep praying for this national
Re: The Exit Of Shipping Firms From Nigeria by slimfit1(m): 6:59am On Sep 12, 2016
adconline:

Send me N3000 recharge card to load some MB in order to answer ur question

I can see why you think like a chicken.

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