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Benin Republic Traders Lament As Nigeria Closes Border - Business (3) - Nairaland

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Re: Benin Republic Traders Lament As Nigeria Closes Border by Yemike(m): 2:51am On Oct 24, 2019
Topmaike007:
àti bugan
Gbayi!!
That's my breakfast.

2 Likes

Re: Benin Republic Traders Lament As Nigeria Closes Border by idesylvester(m): 3:01am On Oct 24, 2019
Blinkers:
cool

I've never liked Buhari's style of government but I'll admit it that I like his closed-border policy.

I never knew Nigerians were this important to their West African neighbours as long years of the military government and civilian governments treating Nigerians like crap makes me feel like Nigerians are a trashy specie of no consequential value to humanity.

My guy the way this African countries dey cry as we close border eh, e show say na our government dey make us look stupid. If our government fix things, aswear south Africa no go fit do anyhow. Common border see cry...

8 Likes

Re: Benin Republic Traders Lament As Nigeria Closes Border by ndidigood(f): 3:36am On Oct 24, 2019
isthatso:


when local producers start producing more, because they dont face competition from illegal imports, the price will come down, eat yam or beans in the mean time...you won't die!!
God bless u
Re: Benin Republic Traders Lament As Nigeria Closes Border by miniziter(m): 3:40am On Oct 24, 2019
How did Nigeria tribune cross the border?
Re: Benin Republic Traders Lament As Nigeria Closes Border by Nobody: 3:53am On Oct 24, 2019
.

2 Likes

Re: Benin Republic Traders Lament As Nigeria Closes Border by Nobody: 3:54am On Oct 24, 2019
Tflex01:
ENOUGH IS ENOUGH

*Benin Republic has a population of 12 million people. But it is the worlds 5th importer of rice. In 2018, it imported rice worth US$996m.*

*Benin is also world's largest importer of _used_ _cars_ and __second_ - _hand_ _clothing_ . All with a population of 12m people.
DO YOU WONDER HOW??

*98.2% of these imports into Benin are only on transit; their final destination is _NIGERIA_ !*
*Nigeria is world's largest consumer of used cars and second hand clothing, and is also Africa's largest consumer of Asian grown rice.*

*The problem here is that all these imported goods attract appropriate import duty and trade tax, which are paid to the Beninoise Government while the goods are thence SMUGGLED into Nigeria WITHOUT ANY PAYMENT to the Nigerian Government and, thereby, adding zero value to the Nigerian economy!*
*Sadly, THIS IS ALL DONE BY NIGERIANS!*


*Granted, ECOWAS/CEDEAO charter allows for free trade between member states, but _on_ _goods_ _produced_ _in_ _member_ _countries_ , and NOT on imports from other economic blocs.*

*Where foreign goods are transiting through a member country, and ending up in another member country, the ECOWAS charter stipulates that the country of transit MAY collect a token trade tax, and its Customs officials should then escort the goods to the border of the importing country and hand it over to the Customs officials of the importing country!*
*But what we see in the case of Benin Republic is that it collects _CUSTOMS_ _DUTY_ plus _TRADE_ _TAX_ , and then allows the goods to pass through its hinterland for onward smuggle into Nigeria!*

*This is a clear violation of ECOWAS statutes and no nation can condone such costly infraction.*

*Nigeria has tolerated this nonsense from Benin for far too long and it is time to stop the malpractice if we want Nigeria's economy to grow.*
*(Therefore, whoever cries foul because we have closed our borders to smugglers while we're putting our act together, IS AN ENEMY OF NIGERIA!)*

*Nigeria makes up about 74% of ECOWAS population and about 71% of its economy. It is ECOWAS that needs Nigeria and not the other way round!*

ANY RELATIONSHIP BETWEEN MEMBER COUNTRIES MUST BE BASED ON EXTANT REGULATIONS!

All the points you've made are valid, but a closer look at these issues will show you that border closure will only marginally address the problems with the Nigerian economy, which are actually systemic issues/problems.

What makes the Benin seaports so attractive in the first place? Why are a certain cabal of people allowed to keep our port authorities corrupt and inefficient (because of personal gain) to the point where importers prefer neighbouring seaports? Why does the Nigerian government charge 70% duty on vehicle imports when local assemblers cannot even meet 2% of local demand?

Are Nigerians meant to walk nakëd in the streets? If not, why ban textile imports when the local textile industry is dead?

We all know the answers to those questions above, but we have to keep asking ourselves because our political leaders pretend these systemic problems don't exist while they are busy executing dubious projects and enriching their own private accounts. We have to tell ourselves the truth or else the border closure will achieve nothing.

8 Likes 2 Shares

Re: Benin Republic Traders Lament As Nigeria Closes Border by efilefun(m): 5:12am On Oct 24, 2019
backnbeta:
A woman 'loaded' rice on her body? Lies or exaggeration
lol if you stay along that route you will know it’s very possible, before the boarders were closed, a lot of women carry groundnut oil in thick nylons and back it like a child.

1 Like

Re: Benin Republic Traders Lament As Nigeria Closes Border by Premiumwriter: 5:34am On Oct 24, 2019
slowice:
But local rice is no where to be found. Here in phc the two most popular local rice companies re olam and wacot owners of mama pride and big bull but as I speak they ve not sold a bag to buyers for over a month now thereby creating scarcity and forcing the price to go as high as 21k in the market. So where is the local rice?
they've not sold a bag to anyone for a month?

Seriously?
Re: Benin Republic Traders Lament As Nigeria Closes Border by WalkerMichael(m): 6:00am On Oct 24, 2019
Tflex01:
ENOUGH IS ENOUGH

*Benin Republic has a population of 12 million people. But it is the worlds 5th importer of rice. In 2018, it imported rice worth US$996m.*

*Benin is also world's largest importer of _used_ _cars_ and __second_ - _hand_ _clothing_ . All with a population of 12m people.
DO YOU WONDER HOW??

*98.2% of these imports into Benin are only on transit; their final destination is _NIGERIA_ !*
*Nigeria is world's largest consumer of used cars and second hand clothing, and is also Africa's largest consumer of Asian grown rice.*

*The problem here is that all these imported goods attract appropriate import duty and trade tax, which are paid to the Beninoise Government while the goods are thence SMUGGLED into Nigeria WITHOUT ANY PAYMENT to the Nigerian Government and, thereby, adding zero value to the Nigerian economy!*
*Sadly, THIS IS ALL DONE BY NIGERIANS!*


*Granted, ECOWAS/CEDEAO charter allows for free trade between member states, but _on_ _goods_ _produced_ _in_ _member_ _countries_ , and NOT on imports from other economic blocs.*

*Where foreign goods are transiting through a member country, and ending up in another member country, the ECOWAS charter stipulates that the country of transit MAY collect a token trade tax, and its Customs officials should then escort the goods to the border of the importing country and hand it over to the Customs officials of the importing country!*
*But what we see in the case of Benin Republic is that it collects _CUSTOMS_ _DUTY_ plus _TRADE_ _TAX_ , and then allows the goods to pass through its hinterland for onward smuggle into Nigeria!*

*This is a clear violation of ECOWAS statutes and no nation can condone such costly infraction.*

*Nigeria has tolerated this nonsense from Benin for far too long and it is time to stop the malpractice if we want Nigeria's economy to grow.*
*(Therefore, whoever cries foul because we have closed our borders to smugglers while we're putting our act together, IS AN ENEMY OF NIGERIA!)*

*Nigeria makes up about 74% of ECOWAS population and about 71% of its economy. It is ECOWAS that needs Nigeria and not the other way round!*

ANY RELATIONSHIP BETWEEN MEMBER COUNTRIES MUST BE BASED ON EXTANT REGULATIONS!

Wow, thanks. Benin... Smart country with smart citizens. No wonder they're begging Nigeria all the time to please re open the borders. grin they know how much they see alone from Nigeria every fvcking day!!
Re: Benin Republic Traders Lament As Nigeria Closes Border by Bukkus(m): 6:06am On Oct 24, 2019
This are what we talking about let's develop our own SME rather than bringing illegal goods into the country that will cause health hazard to our life I'm in totally in support of this policy of FGN so long it will strengthen our currency n economy
Re: Benin Republic Traders Lament As Nigeria Closes Border by WalkerMichael(m): 6:06am On Oct 24, 2019
Advancedman:



Did you say 20% it's 50%

Nigeria alone 50? Wow. No wonder.

Government got it right. But people don't really understand all these offline o.. If I had the money, I would go straight to the business & sell to people here in Lagos. Its the opportunity to visit the North and make enquires on the best local rice because some Nigerian farmers produce it already. Give free testing to your customers first and let them request for more once they test its legit. Mad money!!

The government wants to improve on production now. It will even create jobs

2 Likes

Re: Benin Republic Traders Lament As Nigeria Closes Border by kay29000(m): 6:21am On Oct 24, 2019
Yemike:
I think the border should remain closed for the economic benefit of our dear nation.
The traders shouldn't complain cuz before rice there are other food products that people do eat and it also serves as some set of people's source of income. Rice came, get them out of business/change their business plan.
I was told that people only eat rice during Xmas in those days.
All these wailing Wailer's should just find another country to be depositing their garbages.

I don't fancy rice tho'. If everybody can be like me rice would have been extinct.
Ewa lo le shey.

I swear, me too. People always think I am weird because I don't like rice at all. I love beans...beans and bread, beans and plantain, beans and yam, beans alone. I just love beans.
Re: Benin Republic Traders Lament As Nigeria Closes Border by kay29000(m): 6:23am On Oct 24, 2019
isthatso:


when local producers start producing more, because they dont face competition from illegal imports, the price will come down, eat yam or beans in the mean time...you won't die!!

Exactly! grin
Re: Benin Republic Traders Lament As Nigeria Closes Border by kay29000(m): 6:27am On Oct 24, 2019
WalkerMichael:


Nigeria alone 50? Wow. No wonder.

Government got it right. But people don't really understand all these offline o.. If I had the money, I would go straight to the business & sell to people here in Lagos. Its the opportunity to visit the North and make enquires on the best local rice because some Nigerian farmers produce it already. Give free testing to your customers first and let them request for more once they test its legit. Mad money!!

The government wants to improve on production now. It will even create jobs

EXACTLY!!! You have said it all.
Re: Benin Republic Traders Lament As Nigeria Closes Border by simpleseyi: 6:34am On Oct 24, 2019
Fidelismaria:
As far as I'm concern buhari is still a dullard

Lazy youth, you can relocate to Benin Republic

3 Likes 1 Share

Re: Benin Republic Traders Lament As Nigeria Closes Border by Temi231(f): 6:42am On Oct 24, 2019
This is the best time for farmers, business tycoon to look inward and make do of these opportunities. I am in support of the border not to be opened again. It will surely get hard but we will adjust. Let's make Nigeria better again. Farmers, get to work and make a farm produce, business men, let's be creative.

Office worker, let's get a land and start farming. I wish Nigeria well o

2 Likes 1 Share

Re: Benin Republic Traders Lament As Nigeria Closes Border by WalkerMichael(m): 6:48am On Oct 24, 2019
kay29000:


EXACTLY!!! You have said it all.

My bro. Whatsup now. You catch up my moniker?
Re: Benin Republic Traders Lament As Nigeria Closes Border by Ijaya123: 6:49am On Oct 24, 2019
thariodamaniac:
Surprisingly... Ftc..

This goes to all that are suffering out there... Life happens

Of what consequence is Ftc if I may ask?
Re: Benin Republic Traders Lament As Nigeria Closes Border by kay29000(m): 6:53am On Oct 24, 2019
WalkerMichael:


My bro. Whatsup now. You catch up my moniker?

Yeah...we chatted on WhatsApp a few days ago. I hope you have been able to go through that thread and learn one or two things you need to start the business.
Re: Benin Republic Traders Lament As Nigeria Closes Border by Sirk2018: 6:57am On Oct 24, 2019
Absolutely

All the points you've made are valid, but a closer look at these issues will show you that border closure will only marginally address the problems with the Nigerian economy, which are actually systemic issues/problems.

What makes the Benin seaports so attractive in the first place? Why are a certain cabal of people allowed to keep our port authorities corrupt and inefficient (because of personal gain) to the point where importers prefer neighbouring seaports? Why does the Nigerian government charge 70% duty on vehicle imports when local assemblers cannot even meet 2% of local demand?

Are Nigerians meant to walk nakëd in the streets? If not, why ban textile imports when the local textile industry is dead?

We all know the answers to those questions above, but we have to keep asking ourselves because our political leaders pretend these systemic problems don't exist while they are busy executing dubious projects and enriching their own private accounts. We have to tell ourselves the truth or else the border closure will achieve nothing.[/quote]

1 Like 1 Share

Re: Benin Republic Traders Lament As Nigeria Closes Border by iamjavadem(m): 7:02am On Oct 24, 2019
Hahahahahahahahaha this is so funny.
godbroda:
We still da first half...... grin
Re: Benin Republic Traders Lament As Nigeria Closes Border by GreenArrow1(m): 7:13am On Oct 24, 2019
slowice:
But local rice is no where to be found. Here in phc the two most popular local rice companies re olam and wacot owners of mama pride and big bull but as I speak they ve not sold a bag to buyers for over a month now thereby creating scarcity and forcing the price to go as high as 21k in the market. So where is the local rice?

Send me money (just kidding), I'll send Miva Rice or Mama's Pride through way-Bill from Benue links or Silver Travels to you. Lol. Local rice saturate this side wella. Don't worry, una go dey fine las las.

1 Like

Re: Benin Republic Traders Lament As Nigeria Closes Border by 3rdavefarms(m): 7:18am On Oct 24, 2019
I’m so happy I’m smiling to bank every time grin


God bless Buhari for this kind closure even though I don’t like him and I hate his party


I just employed more staffs and increase my Pen capacity from 5000 to 12,000 more than 105% increase , thanks to the adviser who gave me president reasons to close the boarder


And very soon Toyota will hear am as everyone is buying Korean car simply because they refused to bring Toyota Africa to Nigeria

Re: Benin Republic Traders Lament As Nigeria Closes Border by mercyviv(f): 7:39am On Oct 24, 2019
Better start eating your rice and Vegs...that border stays closed! Imagine even India, Thailand, Ghana, Cameroon, etc are feeling the heat of this closed border! Haa, Nigeria is such a dumping ground after all, but we're set to remedy that.
Meanwhile...
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Get FREE access to the best compilation of school lesson notes/plans, curriculum and exams. Visit my signature for details...
Re: Benin Republic Traders Lament As Nigeria Closes Border by ebuka1511(m): 7:51am On Oct 24, 2019
Aptly captured bro, lots of people will now get to understand the reason behind the closure of the border. I will be sharing your explanation on fb shortly so friends who do not understand the reason will do. How I wish government agencies can take due diligence and make explanation like this. Keep it up
Tflex01:
ENOUGH IS ENOUGH

*Benin Republic has a population of 12 million people. But it is the worlds 5th importer of rice. In 2018, it imported rice worth US$996m.*

*Benin is also world's largest importer of _used_ _cars_ and __second_ - _hand_ _clothing_ . All with a population of 12m people.
DO YOU WONDER HOW??

*98.2% of these imports into Benin are only on transit; their final destination is _NIGERIA_ !*
*Nigeria is world's largest consumer of used cars and second hand clothing, and is also Africa's largest consumer of Asian grown rice.*

*The problem here is that all these imported goods attract appropriate import duty and trade tax, which are paid to the Beninoise Government while the goods are thence SMUGGLED into Nigeria WITHOUT ANY PAYMENT to the Nigerian Government and, thereby, adding zero value to the Nigerian economy!*
*Sadly, THIS IS ALL DONE BY NIGERIANS!*


*Granted, ECOWAS/CEDEAO charter allows for free trade between member states, but _on_ _goods_ _produced_ _in_ _member_ _countries_ , and NOT on imports from other economic blocs.*

*Where foreign goods are transiting through a member country, and ending up in another member country, the ECOWAS charter stipulates that the country of transit MAY collect a token trade tax, and its Customs officials should then escort the goods to the border of the importing country and hand it over to the Customs officials of the importing country!*
*But what we see in the case of Benin Republic is that it collects _CUSTOMS_ _DUTY_ plus _TRADE_ _TAX_ , and then allows the goods to pass through its hinterland for onward smuggle into Nigeria!*

*This is a clear violation of ECOWAS statutes and no nation can condone such costly infraction.*

*Nigeria has tolerated this nonsense from Benin for far too long and it is time to stop the malpractice if we want Nigeria's economy to grow.*
*(Therefore, whoever cries foul because we have closed our borders to smugglers while we're putting our act together, IS AN ENEMY OF NIGERIA!)*

*Nigeria makes up about 74% of ECOWAS population and about 71% of its economy. It is ECOWAS that needs Nigeria and not the other way round!*

ANY RELATIONSHIP BETWEEN MEMBER COUNTRIES MUST BE BASED ON EXTANT REGULATIONS!

1 Like 1 Share

Re: Benin Republic Traders Lament As Nigeria Closes Border by tunary(m): 8:15am On Oct 24, 2019
Up Nigeria
Re: Benin Republic Traders Lament As Nigeria Closes Border by sotherefore: 8:37am On Oct 24, 2019
I thought they don't depend on us ...they should now see how Nigeria is important.
Re: Benin Republic Traders Lament As Nigeria Closes Border by WalkerMichael(m): 8:41am On Oct 24, 2019
kay29000:


Yeah...we chatted on WhatsApp a few days ago. I hope you have been able to go through that thread and learn one or two things you need to start the business.

Yes bro. But I think going through the path of a mentor is much more better. If I can learn from someone and pay to learn his strategies. But na money lol

1 Like

Re: Benin Republic Traders Lament As Nigeria Closes Border by kabawa(m): 8:50am On Oct 24, 2019
backnbeta:
A woman 'loaded' rice on her body? Lies or exaggeration

What are you trying to say?

1 Like 1 Share

Re: Benin Republic Traders Lament As Nigeria Closes Border by owunabastard: 8:51am On Oct 24, 2019
What do you gain by feeling superior to other African countries, meanwhile food items are still very expensive, I weak how black man reasons
Blinkers:
cool

I've never liked Buhari's style of government but I'll admit it that I like his closed-border policy.

I never knew Nigerians were this important to their West African neighbours as long years of the military government and civilian governments treating Nigerians like crap makes me feel like Nigerians are a trashy specie of no consequential value to humanity.
Re: Benin Republic Traders Lament As Nigeria Closes Border by kay29000(m): 9:04am On Oct 24, 2019
WalkerMichael:


Yes bro. But I think going through the path of a mentor is much more better. If I can learn from someone and pay to learn his strategies. But na money lol

True.
Re: Benin Republic Traders Lament As Nigeria Closes Border by Samson3600(m): 10:24am On Oct 24, 2019
I believe no one will die if we all failed to eat rice from Benin ok. Closed the border please.

KingLennon:
It's affectinq everyone even the citizens. Lets just watch and see where the next level is taking us to...

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