I went to Nigeria Army Arena Oshodi, today. The market was a shadow of itself due to the border closure.

beresponsible:
Nonsense statistics.
When land borders were open we were not their largest trading partner. Now after una close land borders they become this. Where are they passing? By air?

I guess the word shipping doesn't ring a bell...

Nice one

What do you mean by Ghana depends on Nigeria than nigeria depends on Ghana? Import and export is a free exchange of goods and services. Now let me ask you, if Ghana does not import from Nigeria, can it import from elsewhere? The answer is a resounding yes. Ghana does not need to import anything from Nigeria because it can import those same items from any part of the world. It is as simple as that.

What this tells me is that Ghana's far more important to Nigeria than most Nigerians would want to accept. Trade is what keeps the world economy running. In today’s world. The country importing, has more leverage than the exporting country. Which means Ghana has advantage over Nigeria in their trade relationship. It is as simple as that.

FemiMaduka:
I see a lot of people do not understand this piece of information. The gist is that Ghana, in the last three months, has become the biggest IMPORTER of Nigerian products. The value of the goods it bought FROM Nigeria was quoted as roughly $2.4bn.

If this is true, it only shows that Ghana depends far much more on Nigeria than Nigeria depends on it. The interesting aspect of this news is that it is reported that more than 97% of the goods that Ghana bought from Nigeria were non-petroleum articles. This is also a positive for Nigeria.

The relationship between any two African countries should be that of mutual respect, two-way productivity and shared brotherhood.

Now, we need to invest heavily in power, metallurgy, electronics and functional education/research. It is about time we made our companies competitive enough to break the South African hegemony in choice sectors.

beresponsible:

You who can read why don't you say which borders are used when Nigerian land borders are closed to Benin republic and that's our only land crossing with Ghana.
How can close your borders with Ghana through Benin republic and increase trade?
Go and consult map and see that Nigeria and Ghana don't share borders before you here to yan upata

Olodo like you...do you transport crude oil through land?

https://brandspurng.com/2019/12/13/nigeria-merchandise-trade-grew-in-q3-2019-with-higher-exports-and-lower-imports/

Guys go through that link, very long article so just take your time to, the link the OP gave is a shortened one.

You'd see under mode of transportation of our exports, 99.39% was by sea, that is why we've never heard about any Nigerian complaining about the borders unlike our leeching neighbours who prefer land so that they can smuggle things in.

FemiMaduka:
I see a lot of people do not understand this piece of information. The gist is that Ghana, in the last three months, has become the biggest IMPORTER of Nigerian products. The value of the goods it bought FROM Nigeria was quoted as roughly $2.4bn.

If this is true, it only shows that Ghana depends far much more on Nigeria than Nigeria depends on it. The interesting aspect of this news is that it is reported that more than 97% of the goods that Ghana bought from Nigeria were non-petroleum articles. This is also a positive for Nigeria.

The relationship between any two African countries should be that of mutual respect, two-way productivity and shared brotherhood.

Now, we need to invest heavily in power, metallurgy, electronics and functional education/research. It is about time we made our companies competitive enough to break the South African hegemony in choice sectors.

Thanks abeg, you are one of the people that clearly understand the message being passed.

Wickedfacts:
For the blockheads saying it's a lie and asking if the goods magically appeared in Nigeria, those goods were obviously shipped into Nigeria by sea.

This means Ghana was a country of origin for several smuggled goods.

shipped into Nigeria or out of Nigeria? ayam not understanding again.

beresponsible:

Na your brain need reset. Official land borders are closed and not illegal borders. Seme and idiroko land borders are the most cost effective route for Ghanaian products into Nigeria and these are closed to importation from these neighbouring countries so where will Ghanaians pass apart from going through Cotonou to these land borders?

99.39% of Nigerian exports is by sea, let Ghana go through the sea too.

Ironi:


Do you understand what was written, dumbass?

Go and ask your Idiotic father using his teeth to crack palm kernels in the village. Animal.

ksat:


Your assertion is wrong. The consumer is never the dependant. Implying from your remark it means USA depends more on China than China does of the USA. Which is absolutely false from basic economics.

See it this way, had Ghana taken their 17% purchases elsewhere what would have become of the Nigerian government fiscal policy for next year. It cannot fund 17% of federal project. So understand basic economics and don't twist things.

Ghana knows taking its 17% elsewhere would be more expensive for it so it has no other option than to stick, after all, why haven't it gotten another source since August for its 17%?

beresponsible:

Gerout here with your gullible self. Who says we can't question NBS when they present questionable stats?

Anyway, these are not qualitative data sets like how many Nigeria are living below poverty. This is a quantitative data. It is a straight record of inflow from export. That is the difference.

Can Ghana import the same goods it currently imports from Nigeria from elsewhere? The answer is yes. A massive yes, so don’t deluded yourself with the crap about. Yes, Ghana is very important because it can import the goods it imports from Nigeria from elsewhere, and Nigeria will be the loser. Is it too hard to understand that logic? . When Ghanaian trucks were stopped from entering Nigeria because of the border closure, were you nigerians not making noise about how Ghana depend on Nigeria? And now that nigeria exports to Ghana, Nigeria is not dependent on Ghana,right? The hypocrisy of the nigerian


Every country is seriously looking for markets for its goods. It is a big competition. Ghana can easily stop Nigeria goods from entering Ghana and import from any country in the world.it is simple as that. After all it is trade and It being paid for.

Have you heard your petroleum minister talking about how important the african market is to Nigeria? He knows global trade is tightening so your neighboring countries should be your first target.

With the border closure, countries in the region are rebalancing their trade ties. Let’s wait and see if in 6 months from now, Ghana will still be a leading destination for Nigerian exports

Area4Area:
Lol, Ghana important to Nigeria indeed, FYI, Nigeria exports mostly industrial goods to Ghana and we export over 99% of our goods through the sea, so the land border closure doesn't really affect our economy.

You import from Nigeria because you don't have the capacity and technical know-how that Nigerians possess to produce them and importing from Asia or Europe would be more expensive for you, your only option is Nigeria.

Ghana is the first place of destination for our exports but not in the top five for our imports, meaning we practically produce everything Ghana produces.

Stop the imports of industrial goods from Nigeria and your economy crumbles, we are not mates.

Even with your 24/7 electricity, you still can't beat Nigeria in industrial products, bunch of noise makers. The balance of trade would definitely be in favour of Nigeria with a wide margin.

What is South Africa doing there?

HISWAYS:
Guys the OP says..third quarter... That means Statistics of July--Aug.
Border closure started in the Fourth quarter.

It is actually July-August-September, border closure was in August

ksat:


Your assertion is wrong. The consumer is never the dependant. Implying from your remark it means USA depends more on China than China does of the USA. Which is absolutely false from basic economics.

See it this way, had Ghana taken their 17% purchases elsewhere what would have become of the Nigerian government fiscal policy for next year. It cannot fund 17% of federal project. So understand basic economics and don't twist things.

Actually the consumer is dependent here.
Less developed economies usually depend on more developed ones for finished goods.
And what's with the comparison with China and US,no two cases are the same, and China is no walk over, the US might actually depend more on China.
Besides it's not as easy as Ghana just "taking their 17% elsewhere".... elsewhere would mean more expensive since Nigeria offers the best alternative in terms of proximity and price.

That is a big lie! The world is free market. Ghana can buy from anywhere. Nigerians need Ghana more than Ghana needs nigeria. Simplicita Ghana can buy the same items it buys from Nigeria from anywhere in the world.

Area4Area:
Ghana knows taking its 17% elsewhere would be more expensive for it so it has no other option than to stick, after all, why haven't it gotten another source since August for its 17%?

Proximity and pricing doesn’t necessarily weigh in Nigeria’s favour. I dont think there’s anything nigeria sells in Ghana that Ghana cannot get from elsewhere at a more competitive price. Lack of power makes most nigerian companies very uncompetitive.

Rgade:

Actually the consumer is dependent here.
Less developed economies usually depend on more developed ones for finished goods.
And what's with the comparison with China and US,no two cases are the same, and China is no walk over, the US might actually depend more on China.
Besides it's not as easy as Ghana just "taking their 17% elsewhere".... elsewhere would mean more expensive since Nigeria offers the best alternative in terms of proximity and price.

GENEGIRIA:
Can Ghana import the same goods it currently imports from Nigeria from elsewhere? The answer is yes. A massive yes, so don’t deluded yourself with the crap about. Yes, Ghana is very important because it can import the goods it imports from Nigeria from elsewhere, and Nigeria will be the loser. Is it too hard to understand that logic? . When Ghanaian trucks were stopped from entering Nigeria because of the border closure, were you nigerians not making noise about how Ghana depend on Nigeria? And now that nigeria exports to Ghana, Nigeria is not dependent on Ghana,right? The hypocrisy of the nigerian


Every country is seriously looking for markets for its goods. It is a big competition. Ghana can easily stop Nigeria goods from entering Ghana and import from any country in the world.it is simple as that. After all it is trade and It being paid for.

Have you heard your petroleum minister talking about how important the african market is to Nigeria? He knows global trade is tightening so your neighboring countries should be your first target.

With the border closure, countries in the region are rebalancing their trade ties. Let’s wait and see if in 6 months from now, Ghana will still be a leading destination for Nigerian exports

Let Ghana get other sources they can import from and we are not bothered and let the region rebalance for all we care, fact remains that Ghana relies on Nigeria on some of industrial needs despite your constant bragging about your 24/7 electricity. I guess y'all use for watching the TV and listening to music.

GENEGIRIA:
Can Ghana import the same goods it currently imports from Nigeria from elsewhere? The answer is yes. A massive yes, so don’t deluded yourself with the crap about. Yes, Ghana is very important because it can import the goods it imports from Nigeria from elsewhere, and Nigeria will be the loser. Is it too hard to understand that logic? . When Ghanaian trucks were stopped from entering Nigeria because of the border closure, were you nigerians not making noise about how Ghana depend on Nigeria? And now that nigeria exports to Ghana, Nigeria is not dependent on Ghana,right? The hypocrisy of the nigerian

Who is crying about the border closure? Nigeria or Ghana? Oga, go and buy from Europe/Asia and stop disturbing our peace. Buhari does not care, hence the border closure.

If the border closure was detrimental to our economy, Buhari would have opened the border.

GENEGIRIA:
That is a big lie! The world is free market. Ghana can buy from anywhere. Nigerians need Ghana more than Ghana needs nigeria. Simplicita Ghana can buy the same items it buys from Nigeria from anywhere in the world.

We are saying same thing here, Ghana has the right to buy say an article from Asia and Europe for $200 and Nigeria can offer same for $100, nobody is definitely holding you back.

beresponsible:
Nonsense statistics.
When land borders were open we were not their largest trading partner. Now after una close land borders they become this. Where are they passing? By air?

Are you this foolish or you are trying to be a joke?
So because they close borders they can't export things from Nigeria?

As I said, the importing country has the upper hand. Industrial needs? Like what? Look, all I know is that nigerians sells goods in Ghana, from which they make money to feed their families back in their country and sustain their economy. That is all I know. Another thing I know is that Ghana can easily replace whatever it buys from Nigeria from elsewhere. So Ghana actually is feeding nigerians. Shikena

Area4Area:
Let Ghana get other sources they can import from and we are not bothered and let the region rebalance for all we care, fact remains that Ghana relies on Nigeria on some of industrial needs despite your constant bragging about your 24/7 electricity. I guess y'all use for watching the TV and listening to music.

Kingzyy:

Woke up to the News of Ghanaians shutting down Nigeria SME outlets, then this today again, what am I to believe again.�

That's different story in it entirety

GENEGIRIA:
As I said, the importing country has the upper hand. Industrial needs? Like what? Look, all I know is that nigerians sells goods in Ghana, from which they make money to feed their families back in their country and sustain their economy. That is all I know. Another thing I know is that Ghana can easily replace whatever it buys from Nigeria from elsewhere. So Ghana actually is feeding nigerians. Shikena

Go through this link and see the industrial goods Nigeria sells to Ghana

https://brandspurng.com/2019/12/13/nigeria-merchandise-trade-grew-in-q3-2019-with-higher-exports-and-lower-imports/

Every other thing you typed made no sense.

nigerians are the ones crying over border closure now. first, food prices are skyrocketing in Nigeria. Secondly, Ghanaians are closing nigerian shops in their country. Opuna, this is double tragedy

Zooposki:


Who is crying about the border closure? Nigeria or Ghana? Go and buy from Europe/Asia. Buhari does not care, hence the border closure.

GENEGIRIA:
nigerians are the ones crying over border closure now. first, food prices are skyrocketing in Nigeria. Secondly, Ghanaians are closing nigerian shops in their country. Opuna, this is double tragedy

Please go and carry all your begging representatives from Abuja. Border remains closed.

Which industrial goods? industrial goods my azz with which power?

Area4Area:


Go through this link and see the industrial goods Nigeria sells to Ghana

https://brandspurng.com/2019/12/13/nigeria-merchandise-trade-grew-in-q3-2019-with-higher-exports-and-lower-imports/

Every other thing you typed made no sense.

GENEGIRIA:
nigerians are the ones crying over border closure now. first, food prices are skyrocketing in Nigeria. Secondly, Ghanaians are closing nigerian shops in their country. Opuna, this is double tragedy

Oh oh! Are they still closing the shops, something I thought should be history now? You are the ones crying, your companies are crying, government officials are crying and begging

GENEGIRIA:
Which industrial goods? industrial goods my azz with which power?

Have you gone through the link already or maybe you are ashamed to admit it.

beresponsible:

Na your brain need reset. Official land borders are closed and not illegal borders. Seme and idiroko land borders are the most cost effective route for Ghanaian products into Nigeria and these are closed to importation from these neighbouring countries so where will Ghanaians pass apart from going through Cotonou to these land borders?

Ọga so na only land border they fit export their goods? What of seaport, it can also be done by air

You better shut that your stvpid mouth,huh? if Ghana vex and ban imports from nigeria, how will you guys feed your children? who gives fvck about border? how market you fit rice chop? poor thing

Zooposki:


Please go and carry all your begging representatives from Abuja. Border remains closed.