There is a saying that "Time is money ". Truly this is correct, because we are rewarded financial for what we do with our time. Whether in business or work.

Decisions of government due to lack of vision and understanding of economics have cost us a lot of time/money.

From the delay to devalue because the president did not understand the meaning to border closure. All these have cost us more than we gained.

Are you surprised that revenue generated from tax was on a steady decline?

The presidency in a bid to send youths into agriculture, secretly funded an entrepreneur to the tune of 800,000. Then presented the same guy as someone who started from scratch and turned 1 million into 1 billion in a short time.

Why isn't the presidents children or the vice presidents children into Agriculture? We heard about the secret recruitment into the CBN, where relations of the president were employed .

During the harvest of rice which Northern Nigeria is a major contributor, our borders were closed to enable sales. While it is a good idea that our local rice sold well, however the damage of the border closer outweighs the gains.

Our customs have failed in securing the borders, so instead of tackling the challenge, the borders are closed.

Now the same inefficient customs who found it difficult handling the traffic of containers when the border was opened, are now overwhelmed by traffic.

All containers that would initially land in Benin republic, now have to be redirected to Nigerian ports.

The same inefficient customs have to check each container manually 100%. A container that would normally take 45-60 days to arrive and be cleared now takes 5-6 months.

These containers include machinery and raw materials for production. When a factory is out of materials, machinery and parts, how will production continue?

Customers in a bid to deceive Nigerians bring up fake news about containers of rice seized years ago and claim they happened recently. All this to cover up the collapsing situation at the Nigerian ports.

Air cargoes that normally takes 7 days, now take 1 month to be cleared after they arrive Nigerian in 3-5 days.

If we are to calculate the time lost in monetary terms, the gains from local rice sales won't be up to 0.05% of what is lost daily at the ports.

So rather than tackling the inefficiency of the customs and immigration, we choose the easy way out of border closure.

The same government that have failed to tackle th4 security challenges of the nation, blaming foreigners from neighbouring African countries, is talking of VISA on arrival.

This is the result of nepotism. Appointment based on ethnicity and religion and not competence.
Tunde fowler of FIRS said tax generated declined because revenue of many companies declined. This was a clear indication that government policies were counter productive.

So a Northerner has to head customs and the ports and cover up the through situation of things, to please the president. A northerner has to take over FIRS to cover the true situation of things. A northerner has to head immigration, customs etc. To cover up the current state of things to please the president.

Every developed country got to where they are today, because they strengthened their institutions. They did not try to cover their challenges with lies, rather they faced them head on.

Here in this country we are trying to grow the economy of the nation on lies and deceit.

https://www.nairaland.com/5645180/maerskline-plans-dump-lagos-ports[sub][/sub]

mekaboy:
There is a saying that "Time is money ". Truly this is correct, because we are rewarded financial for what we do with our time. Whether in business or work.

Decisions of government due to lack of vision and understanding of economics have cost us a lot of time/money.

From the delay to devalue because the president did not understand the meaning to border closure. All these have cost us more than we gained.

Are you surprised that revenue generated from tax was on a steady decline?

The presidency in a bid to send youths into agriculture, secretly funded an entrepreneur to the tune of 800,000. Then presented the same guy as someone who started from scratch and turned 1 million into 1 billion in a short time.

Why isn't the presidents children or the vice presidents children into Agriculture? We heard about the secret recruitment into the CBN, where relations of the president were employed .

During the harvest of rice which Northern Nigeria is a major contributor, our borders were closed to enable sales. While it is a good idea that our local rice sold well, however the damage of the border closer outweighs the gains.

Our customs have failed in securing the borders, so instead of tackling the challenge, the borders are closed.

Now the same inefficient customs who found it difficult handling the traffic of containers when the border was opened, are now overwhelmed by traffic.

All containers that would initially land in Benin republic, now have to be redirected to Nigerian ports.

The same inefficient customs have to check each container manually 100%. A container that would normally take 45-60 days to arrive and be cleared now takes 5-6 months.

These containers include machinery and raw materials for production. When a factory is out of materials, machinery and parts, how will production continue?

Customers in a bid to deceive Nigerians bring up fake news about containers of rice seized years ago and claim they happened recently. All this to cover up the collapsing situation at the Nigerian ports.

Air cargoes that normally takes 7 days, now take 1 month to be cleared after they arrive Nigerian in 3-5 days.

If we are to calculate the time lost in monetary terms, the gains from local rice sales won't be up to 0.05% of what is lost daily at the ports.

So rather than tackling the inefficiency of the customs and immigration, we choose the easy way out of border closure.

The same government that have failed to tackle th4 security challenges of the nation, blaming foreigners from neighbouring African countries, is talking of VISA on arrival.

This is the result of nepotism. Appointment based on ethnicity and religion and not competence.
Tunde fowler of FIRS said tax generated declined because revenue of many companies declined. This was a clear indication that government policies were counter productive.

So a Northerner has to head customs and the ports and cover up the through situation of things, to please the president. A northerner has to take over FIRS to cover the true situation of things. A northerner has to head immigration, customs etc. To cover up the current state of things to please the president.

Every developed country got to where they are today, because they strengthened their institutions. They did not try to cover their challenges with lies, rather they faced them head on.

Here in this country we are trying to grow the economy of the nation on lies and deceit.

you never talk Wetin dey pain you Igbo man.