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Nairaland Forum / Nairaland / General / Politics / Border Closure: 98 Firms Relocate, Others Lose Millions (49700 Views)
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Re: Border Closure: 98 Firms Relocate, Others Lose Millions by okewumi: 5:12pm On Oct 30, 2019 |
isthatso: Help me tell them. That is why government should sanitize social media including nairaland. Where are the companies abi they no get name. Social media will copy and paste, spreading trash. Lai Muhammed is ready for you. Just imagine. Population of Benin Rep= 11.1million (2017) Population of Ghana=28.8million Population of Togo= 7.8million Population of ivory coast=28.8million And population of Nigeria is 200million. So 98 companies will just relocate like that? Our sea ports and airports are closed? |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Wallade(m): 5:17pm On Oct 30, 2019 |
Jimi24: I strongly believe border closure negates the functionality of free-market system and Nigeria's economy isn't self sustaining and has no immediate potential to sustain itself just yet. It has created artificial scarcity and food inflation especially because local farmers can't meet the local demand for rice and some other food. The farmers capacity should have been developed gradually till we get to level of sufficiency. If my suspicions earlier stated are true, then government and CBN are trying to make Nigerians pay for the bad loans while they share the returns on the super profit with farmers. Though I feel the neighbouring countries must respect the desire of the government of Nigeria to prevent smuggling, dumping of goods and protect economy. We must also encourage international trade for balance of payments. |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by shineeye1: 5:20pm On Oct 30, 2019 |
Empredboy: Are those Nigerian company workers Ghosts? Why are they not staging public protests for better visibility? Political passivism is such a huge problem in Nigeria |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by dabossman(m): 5:22pm On Oct 30, 2019 |
chriskosherbal: What they are importing you mean. |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by fortran12: 5:25pm On Oct 30, 2019 |
seunlayi:Border closure does not mean you cannot travel. The airports are still working if you wanna travel |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by okewumi: 5:26pm On Oct 30, 2019 |
Afamed: That's just few ? Exide battery in ibadan and many more. If you travel to Agbara industrial estate in Ogun state, you will see many company that packed up in previous administration. I travelled to local community where they cultivate rice and l was marvelled with the rate at which the youths were engaged. Instead to tap into the opportunity, they kept cry as their source of problem is Buhari. If our economy is okay, will previous government insist of producing #5,000 naira notes? I don't like Buhari but l support him on border closure 1 Like
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Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Orokojasper(m): 5:27pm On Oct 30, 2019 |
If you like,tell us 1m nameless firms has left Nigeria because we are trying to right the wrongs of the past,we will appreciate it if it's just one firm that is doing good and legal business in Nigeria,so until then,our border remained CLOSED |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Danmisra(m): 5:29pm On Oct 30, 2019 |
If nigerians will do away with tribalism and other differences, then join hands together to develop the country for ourselves and unborn children. The world will be shocked, because we are smart and hardworking. But ina!!!!!!!!! 2 Likes 1 Share |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by seguno2: 5:30pm On Oct 30, 2019 |
Asquare84: Yes to your question. 1 Like |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Cholison(m): 5:38pm On Oct 30, 2019 |
Those companies must not be allowed to export their goods to Nigeria Good riddance. We have the population and the market, nobody should toy with our resolve to instill sanity in our economy. 1 Like |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Nobody: 5:39pm On Oct 30, 2019 |
chriskosherbal: The 98 firms only exist in their imagination. |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Eteka1(m): 5:43pm On Oct 30, 2019 |
americaninja1:So you thinl the Togolese have more money to spend than Nigerians? I will not argue with you any further cos its obvious you don't even know what it is you are saying. Togo has GDP per capita of about $678.50 while Nigeria is $2396.30. Is there any basis for comparing the purchasing power of both countries? You people just continue displaying your ignorance with so much confidence. 1 Like |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Nobody: 5:46pm On Oct 30, 2019 |
paix:stop looking for excuses and complaining all the time, consider the price increase/lack of rice your national sacrifice and see what happens |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by KingGBsky(m): 5:46pm On Oct 30, 2019 |
Mcreloaded: What’s with Nigeria and this useless frequent wait for raining season when they can easily dig a borehole or a well on the farm land. People are talking irrigation we still talking raining season. Very lame. |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by geosegun(m): 5:47pm On Oct 30, 2019 |
Wallade: Young man, this is the best policy so far. China did same for 30yrs before its confidence enough to open her borders. You have to have the capacity to feed yourself before nourishing others. If the FG did not do this, the farmers will continue to loose and will never be encouraged to make enough investment. I know someone ready to invest about $200,000 into rice farming. Atleast more than 10 people will be readily employed form the start and still counting. Why do you think he has the confidence to sink $200k, because he knew the market was there and is favourable and he was still thinking of expanding further as soon as production kick start. Within 2yrs more than 50 people would have been employed. Now think 9f the multiplication effects this bring. Talk of someone who's investing $2.8m, now in two years can you imagine the number of employment that will generate? Forget about sentiment, if we dont decide to make agriculture a very lucrative sector, people like you will continue to surffer and you will still come here and start shouting the government is not doing just enough to encourage employment generation. There is great market for Nigeria in Nigeria. When we are developed the production and technology to.march other countries the we can open our Borders to favourably compete. That's the way to go young, man. Human nature is selfish in nature...go and look at countries and people shouting free trade agreements has been compromised. Those are the one benefiting from the open border irrespective of the damage it costs to the country. Even, the developed countries that shout the most through IMF? It is because their economy is strong enough to withstand competition. Nigeria will do same. When we are strong enough then we start advocating for free trade too. Dont be fooled young man. Hence Nigeria will never develop. Let me know if you need more clarifications and examples. 2 Likes |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Nobody: 5:48pm On Oct 30, 2019 |
vaxx:STFU and try and be patriotic for once instead of always trying to display poor knowledge with half education |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by daragrams(m): 5:52pm On Oct 30, 2019 |
They should leave, y are they even telling us self. They are the ones spoiling this country. Since they left, have we not survived? Good things involves sacrifice and we are ready to go through this 1 Like 1 Share |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by mbos: 5:52pm On Oct 30, 2019 |
Jimi24: so the economy of nigeria or zoo is all about rice? what is the value compared with fashion wears export from Nigeria to other west african Quantries... |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Wallace2107: 5:54pm On Oct 30, 2019 |
meccuno:mennnnn u are so unenlightened! Hewww |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Nobody: 5:54pm On Oct 30, 2019 |
meccuno: Emeka, you need to change your mindset. Sometimes, even our perceived enemies can be right, after all, a broken clock tells the correct time twice in a day. Do away with that mentality that Buhari is the source and origin of your problems. |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by wiringdpt(m): 5:55pm On Oct 30, 2019 |
Thank you o niyisky: |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by vaxx: 5:55pm On Oct 30, 2019 |
isthatso:You mean I should be patriotic to illiteracy like you , you even called my input poor knolwedge when you can't foolishly rebuked it.... |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Nobody: 5:57pm On Oct 30, 2019 |
seunlayi: Kileleyi n so gan? Did he close the airports too or you don't know the meaning of land border? 1 Like |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by uzoexcel(m): 5:58pm On Oct 30, 2019 |
chriskosherbal: 1 Share
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Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Mcreloaded(m): 5:59pm On Oct 30, 2019 |
KingGBsky: Have you heard of a bore hole dug in a farming settlement like ekpoma for example where you have ekpoma rice . Ekpoma a farming community does not have bore hole because the water table is too far deep to get water if not Edo state government would have easily dug a bore hole for irrigation farming but they have to depend on the rains to farm that sweet ekpoma rice we all like to eat |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Nobody: 6:03pm On Oct 30, 2019 |
vaxx: you are not patriotic to people but to your country Learn how to write with the right tense and in a manner that shows you have some level of intellligence and displays understanding of basic concepts if you intend to engage me in conversation. 1 Like |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Nobody: 6:06pm On Oct 30, 2019 |
ZombieTERROR: Is Chevron 98 firms? |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Nobody: 6:09pm On Oct 30, 2019 |
FrLukas: dont mind these brainless fools, because Chevron said they are leaving Nigeria as if Chevron is leaving Nigeria because of Border closure. I dont know if Chevron sells rice. It's quite amazing one shares a country with these dimwits and even more amazing they are allowed to vote!! 2 Likes 1 Share |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by vaxx: 6:13pm On Oct 30, 2019 |
isthatso:You should be able to address the half education as you indicate. you don't make a submission simply becuse you want to correct what you presume as faulty opinion. hope i can engage you ? i hope you arent dump yourself |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by obidark: 6:14pm On Oct 30, 2019 |
bullshitt.... |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Ttalk: 6:15pm On Oct 30, 2019 |
Jimi24: Seriously, the guy is a comedian |
Re: Border Closure: 98 Firms Relocate, Others Lose Millions by Nwadiuto247: 6:16pm On Oct 30, 2019 |
niyisky: They know that they are lying but they just can't stop lying. I tire for them o |
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