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Nairaland Forum / Nairaland / General / Politics / Buhari & His Country Want To Put An End To Us - Benin Republic Traders (61659 Views)
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Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by grandstar(m): 6:22am On Sep 30, 2019 |
Area4Area: America's economy was booming when Trump got there. Obama left him a booming economy. The tariffs were placed by Trump and not America. Left to the U.S congress, they would have blocked him. The American president however has unilateral powers to increase tariffs or even ban products. He does not need the approval of Congress and that is why he can get away with it. Stats on the economy show that the tariffs have had negative effects on America. The economy was expected to expand by at least 3% last year but stopped at 2.9%. This was blamed on Trump's tariff. Why don't you Google whether Trumps tariffs have been beneficial or bad for the US economy. It is not what is driving the US economy. Trump's tax cuts probably play a more major role. 2 Likes 1 Share |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by romenna: 6:23am On Sep 30, 2019 |
tiredoflife:hydro dam is not the only source of power in naija. Obviously u don't understand how power generation works. So keep kwayet |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by mizmia: 6:23am On Sep 30, 2019 |
Are we talking about the same America that is building a wall at its border with Mexico? tegrianonigltd: 2 Likes 1 Share |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by mywells: 6:24am On Sep 30, 2019 |
The president shouldn't have close the border,he should have charged the so call beggers call customs to tighten the security around the border,corruption along the borders only is so porous than the national assembly. 1 Like |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by Area4Area: 6:24am On Sep 30, 2019 |
scholes0:Have you been to the Niger border or just saying what you feel, why has the president of Niger being begging Buhari to reopen the border just like the president of Benin? 4 Likes 1 Share |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by ODVanguard: 6:28am On Sep 30, 2019 |
grandstar: I have noticed that you are always fond of spewing a lot of textbook economic jargon, perhaps to come across as being smart. But in practical terms a lot of your theoretical postulations are crap, sorry to say. Why is America not sitting back and allowing every 'cheaper' everything to be imported from China, because going by your jaundiced theory, even America ought to continue importing virtually everything from China since China will always have a comparative advantage over the u.s in virtually most if not all areas of manufacturing. As a matter of fact, hardly do most countries have any comparative advantage over China in most areas of manufacturing, so according to you everybody ought to just sit back and keep importing from China just because they can't compete with their cheap labour, while they watch their local industries die and trade deficits continue to grow. Not even the West (where you get most of your theoretical jargon) practices what you are trying to preach to a developing country like Nigeria. I suggest you watch the following DW documentary to see how even the hypocritical Western powerhouses (including American, German, and other EU countries) whose economic theories you apparently gulp like eba don't even practice what they themselves preach by stealthily deploying protectionist policies in order to protect their econonies and local industries while hypocritically using the same mouth to spew the exact same jargon you are regurgitating, yet you want a developing country like Nigeria to follow such like mumus? https://www.youtube.com/watch?v=DnW9ZQtI1_E 9 Likes 3 Shares |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by alphaNomega: 6:29am On Sep 30, 2019 |
middlebelter: Question. Who are our "home grown rice producers"? Is is the farmers who were killed off by Boko Haram and rampaging herdsmen, or the politicians who own large farms in the North and Southwest? Nigeria has refused to create an enabling environment for business and with that in place, you would not need to ban a needle to make your local businesses competitive in the market. We only know how make people suffer, kill, steal and defraud. 1 Like |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by alphaNomega: 6:31am On Sep 30, 2019 |
Ewedegubbler: Smh, typical black man retrogressive thinking. 1 Like 1 Share |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by kreate1000: 6:31am On Sep 30, 2019 |
My President is Fulani.... Free Report: Learn How I Made Over A Million Naira in 7Days (Easy to understand guide) |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by Rensolar(m): 6:33am On Sep 30, 2019 |
gunuvi: I'm telling you. Go to jibia in katsina, a border town to Niger and see the mass smuggling going on there. Filling station everywhere for smuggling 3 Likes 2 Shares |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by seguno2: 6:33am On Sep 30, 2019 |
mizmia: Do you have any other news that it is not only partially closed? No end in sight to Nigeria's border closures |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by Solsix(m): 6:33am On Sep 30, 2019 |
The last paragraph got me |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by Legendvic: 6:33am On Sep 30, 2019 |
I think I support president Buhari on this, we cannot continue to play "big brother" at our own detriment to countries that fails to know our value, but this should not be done with the intention to punish them but to develop our own country. |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by starbright4real(m): 6:33am On Sep 30, 2019 |
gud day, pls i seriously need a job, i am a graduate of accounting (hnd) 07037799108 |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by GavelSlam: 6:37am On Sep 30, 2019 |
grandstar: Let's apply your theory on local car production using innosons as our example. 1 Like |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by alphaNomega: 6:37am On Sep 30, 2019 |
grandstar: You know this!!! This government of blame has started blaming other countries in the next level, I can't wait for them to start blaming more countries for the poor economic decisions we make. We can continue the blame with Cameroon and Chad. Your first paragraph really won me over. The Nigerian Customs Service is a cesspool of corruption and it is the main reason we have problems with imports and exports today. Have you tried exporting something from your farm? I sound like a broken record already 1 Like |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by Area4Area: 6:38am On Sep 30, 2019 |
alphaNomega:Understand the basics first before commenting, Nigeria never banned imports, it only stopped giving cheap dollars to those importers and they had to go to the black market to source for it and you can still import rice through our ports. Nigeria then increased tariffs on rice in order to encourage local farmers to grow more. Unscrupulous importers in connivance with Benin and Niger governments decided to use their countries as launching pads for the goods to be smuggled into Nigeria. Nigeria loses in tariffs and our local farmers suffer in turn but the importers, smugglers, Benin Niger governments win. That is what is called an economic war against Nigeria. 3 Likes |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by Carsontyqa(m): 6:39am On Sep 30, 2019 |
Nice development, the illegal importations/smuggling is becoming too much...afterall, the government ain't asking for too much! Police your boarders and we back in business. |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by chronique(m): 6:39am On Sep 30, 2019 |
Our problems are multifaceted and they are not just limited to the madness at the borders. Four years ago when the Fulani herdsmen crisis picked up steam in the middle belt, I predicted that Nigeria was heading for a national crisis where food shortage was imminent and slowly, we're getting there. When the government says it's closing borders to encourage local rice production sales and the local rice cost as much as 19-21k in the market and minimum wage is 30k(which has not yet even been agreed on), I wonder what kind of magic we want to perform. From taraba to adamawa, nassarawa, benue, plateau, zamfara, we have insecurity of herdsmen crisis, armed banditry and kidnappings. Communities that were hitherto known for farming have been sacked and a lot of farmers have had to flee from those villages down to the south thereby, reducing the output of locally farmed goods. Same thing can be said of states like borno, yobe. Even southern kaduna, katsina and sokoto are not left out of the madness of insecurity that is ravaging the north of Nigeria. At the office, I see trailers of northerners coming into Lagos every blessed day. The long and short of it is that the insecurity in the north and middle belt, has reduced the location production of food. Secondly, some of the people who still farm grains, yam and rice in the north, do not sell them immediately. They wait for the price to go high in the northern market before selling so they can make more profit and when these goods come to the south, the prices increase astronomically. Why do these prices go so high you might want to ask? The number of check points these transporters have to pass through and settle with bribes from the north to the south, is alarming. These monies are added to the cost of the goods and when they get here, become very expensive. It's the sole reason why you can buy a bag of local rice in the north for 9k as I have heard but when it gets to Lagos, it sells for 19k and above. It's the same reason why you can buy a basket of tomatoes for 5k in the north but when it gets to Lagos, it becomes 18k or more. This is another reason why traders would rather prefer to buy the products from our neighbors in Benin and bring them into Lagos. If goods produced locally in Nigeria can become so expensive just by moving from the north to the south, then you can expect that people would rather choose to import cheaper ones from our neighbors and sell. Look at automobiles for example. Why should the tariff for a car coming in through our Nigerian ports, be more expensive than the one paid when vehicles come in through Cotonou? If clearing cars in Lagos ports are cheap, who would bother to buy the ones from Cotonou? The failure of govt in Nigeria automatically contributes and encourages smuggling activities across our borders and until the government at the center gets its acts right, we'd still continue to deal with these problems. Like I said earlier, our problems are multifaceted and the truth is that, smuggling across the border has been made attractive due to the failure of govt policies at the center. 1 Like |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by ZaraGift: 6:39am On Sep 30, 2019 |
mizmia: It's widely oppened https://www.youtube.com/watch?v=7Ek6CgOjwLo 1 Like |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by Damibiz(m): 6:41am On Sep 30, 2019 |
I dont know maybe due to the time the mod decided to push this post to front or you re finding difficulties assimilating but you forgot to read that part that said even Nigerian Neigbours in the North (Niger) are also suffering the same as Benin... gunuvi: 2 Likes |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by DeRay98(m): 6:42am On Sep 30, 2019 |
godwinkessi: Very ignorant comment from self righteousness |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by alphaNomega: 6:42am On Sep 30, 2019 |
unikwa: Exactly!!!! This is why I would rather send my goods through Cotonou than the godforsaken Nigerian ports. We had an easier clearing system before evil and greedy customs officers in collaboration with politicians made it all shít. Today we are blaming little Togo and Niger republic. This problem did not start today and I have tears in my eyes as Nigerians are applauding this as the best decision this government has taken this year! It will cost you more money to move your goods from Lagos ports to the SouthEast than it would cost you to bring same goods from Netherlands to Lagos. Nigerians hate themselves so much. 2 Likes |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by desmond2pk: 6:43am On Sep 30, 2019 |
Fake news |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by kulekaa(m): 6:44am On Sep 30, 2019 |
Earthquake1:it's too early to start Tacharing |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by Nobody: 6:44am On Sep 30, 2019 |
Area4Area: Your importer class of Nigerian could not care less about anything other than thieir own money. Do they add any value to this country? They are just greedy self serving hustlers. |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by Area4Area: 6:44am On Sep 30, 2019 |
alphaNomega:Where did you read that Nigeria banned rice imports? |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by Duggedised12(f): 6:48am On Sep 30, 2019 |
alphaNomega:The free trade between these countries is a parasitic one with Nigeria loosing on both ends ,with our smuggled fuel and their rice being smuggled in. However ,the bolded is my only problem with this whole border closure.First world countries practice protectionism but usually make sure their local production is up to the task of filling the void in areas where they are raising punitive tarriffs.In some countries its even flexible e.g when it is harvest season ,tarriffs on important for such produce goes up to discourage importation of such goods.But that wont happen with the smuggling which is the main problem . In a country where we still have herders and farmers clash one would think that will be the top priority of the govt by being transparent in solving this crisis but they went to bring ruga. 1 Like |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by lekidating: 6:49am On Sep 30, 2019 |
It's not our business, these bloody peasants that enjoy treating Nigerians like dirt...anyways it's an economic measure, all nations are fighting for self nowadays...rise of nationalism. |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by Kingzeez10: 6:50am On Sep 30, 2019 |
realstars:óò ní làakaye |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by alphaNomega: 6:50am On Sep 30, 2019 |
Ishilove: Please import two batch of goods at the same time, send one through Lagos and another through Cotonou and tell us your experience. It is the Nigerian government that created the ground for smugglers to thrive in the first place and today they turn around to point fingers at smaller countries in the next level of blame game. Okay, you don't want to import. You want to be a local producer, is there an enabling environment for you to start a business? Let's say you manage to run a farm and now intend to export your produce, has Nigerian customs dealt with you before? They will delay you until you loose everything you stand to gain from the business. Remember you are dealing with perishable items 2 Likes |
Re: Buhari & His Country Want To Put An End To Us - Benin Republic Traders by kenduline(m): 6:51am On Sep 30, 2019 |
I thought they said it was d north that was exporting tomatoes to d south... yeye dey real dey smell... dat is d north will suffer if dz country break up.. 1 Like 1 Share |
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