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Nairaland Forum / Nairaland / General / Politics / Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) (48629 Views)
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Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Iamgrey5(m): 7:08pm On Sep 14, 2019 |
timay:@ emboldened is what many Nigerians fail to understand. Those South African businesses may have a large market share because they were the first entrants into the market, but their presence won't be missed because there are already enough competitions in the market they operate in. |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by TechCapon(m): 7:17pm On Sep 14, 2019 |
Iamgrey5:even though you made some sense, I still believe that any showdown between Nigeria and South Africa will hurt Nigeria more than South Africa. We're no longer the strong force to recorn with unlike in the 90s |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by m140(m): 7:26pm On Sep 14, 2019 |
Corrosiveman:Arinya |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Gaddafithe2nd(m): 7:27pm On Sep 14, 2019 |
Iamgrey5:I wanted to comment until I saw your comment. Your comment is the best comment so far on this thread. After Nigeria slapped MTN $5 billion fine, MTN stock fell on South Africa Stock exchange. 2 Likes |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Nobody: 7:29pm On Sep 14, 2019 |
Corrosiveman: And when Biafra comes, less than one quarter of the population will be paying tax. And any attempt by the Biafra government to enforce tax collection will be met with resistance and accusations of 'they are eating our money's I am not insulting your Biafra.I am pointing out an attitude among many Nigerians in that things like taxes and bills are seen as instruments of oppression. We want free of charge. At the end of the day, should you get your Biafra or stay in Nigeria,the enemy called awoof must be fought |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Imo1stson: 7:36pm On Sep 14, 2019 |
This is absolute thrash. |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by IronGalaxy: 7:36pm On Sep 14, 2019 |
KwoiZabo:Nope. South Africans aren't poor. SOME South Africans are poor. I'm not poor. correction> 3 Likes |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Truth234(m): 7:37pm On Sep 14, 2019 |
Foxman19: The content is not entirely right but a lot of people do not have the numbers or know-how government policy works. South Africa is in recession, and the over $3 billion export is mainly crude oil. Meaning, we can increase export duties we reduced for African nations just for South Africa. They are not buying from us because we couldn't sell but because it is economically viable to do so taking into consideration proximity (logistic cost). Again, MTN generates 35 percent of its global revenue from Nigeria at over N1 trillion while Nigeria remains DSTV largest market. Gimba undermines the significance of Nigeria's market to the entire African nations in this article but the way they couldn't go ahead with AfCFT agreement without Nigeria says otherwise. Also, Gimba has forgotten that South African owners of these companies are white, they will never hesitate to localise their companies in Nigeria if black South Africans remain a hindrance to their growth. Nigeria is a bigger market and contributes more than 20 African countries in revenue. Part of which they illegally repatriated ($11 billion) in 2016. On the FDI, he is purely lying, South Africa highest FDI since 2013 was $4.8 billion recorded in 2018. While Nigeria recorded just $2.2 billion in the same year (her lowest in 13 years), our five years average, 2014 ($4.7 billion); 2015 ($3.1 billion); 2016 ($4.4 billion); 2017($3.5 billion) and 2018 ($2.2 billion) is far more than South Africa. https://investorsking.com/uncertain-fiscal-policies-fdi-inflow-to-remain-low/ Nigeria's FDI already rose by $1.2 billion in the first quarter of this year and with South Africa in recession and economy projected to grow less than 1 percent in 2019 (before the Xenophobic attacks), more FDI will find its way to Nigeria, especially after Xenophobic attacks and the growing perception that if all Africans finally leave SA these animals will face the white minority. We have the biggest market in Africa, Gimba talking as if MTN and others are doing us a favour when in fact yearly fund repatriation is what is sustaining South Africa weak foreign reserve. 4 Likes |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by jamesife(m): 7:41pm On Sep 14, 2019 |
helinues: Nigga hide your face. Diplomatically my assd |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by GoldHorse(m): 7:42pm On Sep 14, 2019 |
ebusmus: Well, we can see who's the one that can't make a single and simple point without resulting to insults. It's true we have plenty "pikins" o nairaland. Ndo. Mommy is calling you to come and eat. Run along dear. |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by PRYCE(m): 7:51pm On Sep 14, 2019 |
Iamgrey5: Smart 1 Like |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Princedapace(m): 7:53pm On Sep 14, 2019 |
Fortune109: My brother calm down, it will affect Nigeria more, okay. Take sentiment A-side. Pls, it will affect Nigeria more if the two countries fight economically. One is a manufacturing based economy, the other is an oil bases economy. I never said it won't affect SA, but it will hit nigeria more bro. Calm down. Saw produces many commodities and export them. We are not talking about raw materials. We are talking about an economy that is highly diversified. SA has a diversified economy unlike Nigeria. |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Princedapace(m): 7:56pm On Sep 14, 2019 |
Iamgrey5: U guys take Nigeria too serious.. Lol A country like Nigeria that exports mainly raw materials and import 90% of her finished products is weak economically. U guys don't understand this. SA will be hit too by any economic war but bro, na naija e go hit pass o. |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Tumbulum: 7:59pm On Sep 14, 2019 |
MelesZenawi:you don finish the unity beggerz |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by KekeNash(f): 8:02pm On Sep 14, 2019 |
Shoprite have more than 2 800 stores in SA alone and 25 in Nigeria, if Shoprite withdraw from Naija South Africa will lose. OK! 1 Like |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Fortune109: 8:08pm On Sep 14, 2019 |
Princedapace: Sorry for the hash reply initially! I don't think so my brother... Nigeria is still the largest economy in Africa Nigeria has the largest oil reserve in Africa Nigeria has the largest population in Africa With those three factors Nigeria has more leverage over South Africa... Largest economy means more international businesses will have more presence in Nigeria than South africa. Which gives Nigeria more ability to influence those businesses and their home governments over an issue between Nigeria and South Africa. Largest oil reserve in Africa means Nigeria still has a very important bargaining power than South Africa in the international Arena. As a member of Opec, Nigeria would be taken more seriously internationally as whatever action an Opec member takes affects the price of Oil all over the world. This makes Nigeria more important than South Africa in Africa. Largest Population means more market for any product. Whatever the western nations produce has more market in Nigeria's 200 million population then a smaller 40 million South African population. China for instance will listen to Nigeria first in Africa before any nation. Compare the amount Nigerians spend in importing goods all over the world with how much South Africa spend doing same. Businesses simply take consumers with more purchasing power more seriously. There are other areas but with these three major aspects, Nigeria still comfortably calls the shot in Africa... |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Fortune109: 8:10pm On Sep 14, 2019 |
Princedapace: And whatever makes a Nation strong counts, either natural or not |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by lexy2014: 8:11pm On Sep 14, 2019 |
Evercurious: Based on d points d guy gave, what's d difference between then& now? |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by webngnews: 8:18pm On Sep 14, 2019 |
Hmmm |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by lexy2014: 8:24pm On Sep 14, 2019 |
Dasuks: When Jonathan deported south Africans as a retaliation 4d deportation of Nigerians, did we have a positive balance of trade with SA then? |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Princedapace(m): 8:32pm On Sep 14, 2019 |
Fortune109: No bro, as it stands, international companies do business with SA than Nigeria. U can Google it bro. It is easier to do business in SA than in Nigeria. They have stable electricity, water, good roads, health care, more developed educational system. Most companies that want to establish African Head branch go to SA to establish it. Largest economy does not mean per capital income. Bro, pls make we no argue, SA is miles ahead of Nigeria. Ask those who don't want to return. They will tell u. SA can't try this shit with USA for instance. Why? They make a lot of money exporting finished goods to USA under agreement with the USA govt. They don't make that much exporting to us. U can begin with, how many nigerians do menial jobs in SA, how many Soutu Africans do same jobs here? Pls for now, we are not at the same level with SA. Maybe tomorrow. The whites did a lot of works in that country before handing over. And corruption and nepotism have destroyed our country. |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by farem: 8:40pm On Sep 14, 2019 |
KwoiZabo: At least the paid writeup has swayed some goons who always look for negative side in life. |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by isnovic(m): 8:44pm On Sep 14, 2019 |
The truth stands on its head, and so many lies told against it owes it a debt she will collect. Fact: Nigeria handling of the Xenophobic attack comes from a position of weakness. Fact: Nigeria is second best to SA in terms of FDI Fact: Nigeria economy is mono-product and diversification has been poorly executed at best. Fact: Nigeria is infrastructurally deficient compared to SA, a similar situation is playing out with the increasing choice of neighboring Ghana for business partnership and region/industrial base for all things West Africa. These are undeniable truth, you owe these truth a beggarly debt it must toll if you live in denial. |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by sallyopy(f): 8:44pm On Sep 14, 2019 |
Olayinka8793:so painful i must say. I pray someday we will have true and active leaders |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by lyricalz: 8:46pm On Sep 14, 2019 |
Gadafii: u just spoke like a big fool |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Ewedegubbler: 8:50pm On Sep 14, 2019 |
Whoever wrote this piece is mad. In as much as I hate this APC government, but trying to rubbish Nigeria in the face of these hopeless South Africans is total trash. South Africa has got tons and tons to lose if Nigeria decides to nationalize their tax dodging and money laundering corporations littered all over Nigeria. If Nigeria takes over MTN I am sure that South African PIC which owns 25% in MTN will go bankrupt, SASSA that is gives free money to those indolent idiots will also likely be grounded and if this happens South Africa will see anarchy... Mind you guys, I am a south African citizen of Nigerian origin.. |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by michspencer(m): 8:52pm On Sep 14, 2019 |
Iamgrey5: You are committing fallacy |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Ewedegubbler: 8:55pm On Sep 14, 2019 |
Atigba: PIC owns 25% of MTN. Thats the public investment firm that is in charge of their pension and SASSA free grants money. Marcus Jooste already wiped out 8% of their value last year, and if MTN goes burst PIC will likely go bankrupt and that will be the end of SASSA and RDP houses. if those things are stopped then South africa will see serious gbege .. 1 Like |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Useful1: 8:59pm On Sep 14, 2019 |
Beautiful piece, though not really objective. However, I'm surprise that some folks here jumped to defend the 'Giant' of Africa and label the writer 'enemy of 9ja'. To those folks, your defense is irrelevant because the guy is not on Nairaland, cannot read your responses but everyone here is reading his. His write up featured in Aljazerra, millions of people all over the world read it and may likely take some clues from it on how (even seemingly smaller nations) to relate with Nigeria henceforth having known that there're loopholes in our foreign policy as well as other economic weaknesses. For me, there are so many truth revealed in this write up and which we can learn from as a nation that will help us to re-examine our foreign policy, chart a new economic development gateway, consolidate our national ideology (if we have any), and initiate various national unifying projects that will engender deep rooted patriotism among Nigerians irrespective of tribe, religion, gender or political affliation. Let's swallow our pride and learn few things from Mr. Gimba's write up that will put us back to our place in African continent. |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Kingspin(m): 8:59pm On Sep 14, 2019 |
timay:Any strong nation is strong first internal. Must be industrious and prosperous nation. With the piece of Nigeria nation, they cannot cough at any nation. The is writer is right. |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Nobody: 9:00pm On Sep 14, 2019 |
lexy2014: Yea we can play those games. I deport u for asking me for yellow fever cert at the airport etc. Doesn't change that business interests in Nigeria earn more on trade terms with SA than the other way around. You'd be hurting urself ultimately. Im pro Nigeria and not tryna support a foreign nation. But this is in-house. Let's be honest with ourselves so we can compete. Everything about us except oil billions is in a sorry state. |
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by abeggnow: 9:05pm On Sep 14, 2019 |
helinues:LOL don't be naive, handling diplomacy from a weak position is not diplomacy at all. In this world, the big and bold fish eat the small and timid fish and that is the end of the story. |
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