Anything to favour the caliphate. Genuine business men would be doing business , this monopolistic punk would just come and spoil business. He likes acting like the regulator and competitor. I will pray naked prayer for him.

If they give other business owners this same opportunity wont the economy be better......look at innoson and onyema......if the government give them the same opportunity like dangote they would grow and even make the economy of Nigeria grow....but they are not northerners really sad

Good move.

Dangote and BUA are able to meet local demands, why should we continue to waste scare forex on importation.
Other serious investors can join local production

He declared that the CBN “will provide not only the naira or some of the naira because Dangote is a big man and has equity he’s contributing to the project.

Emefiele is a disgrace to modern economic policies! You crumble the livelihood of thousands because of just a man.

Dangote has shown that he is not only an opportunist, but a coward and a devil. He is killing the Nigerian economy

.

Good move I will say.

Those foreign producers should come and set up in Nigeria if they want to retain us as their customers

The only cheap food in Buhari's era - bread, is about to skyrocket.

Bakrabas:
Is dangote a blessing or curse for Nigeria?

Click like if Dangote is a curse and share if he's blessing to Nigeria.

The price of bread, soft drinks and other consumables will now rice once his sugar plant is completed. He will FG to frustrate and crush any investor that try to venture into sugar business.

Too much favouritism. Everything is giving to him free at the detriment of the economy.

For everyone job dangote creates, Nigeria is loosing thosands at the same time.

Cbn has said it would support local industries. Ipob are not happy about this because the policy will kill their importation business.

Icumsa45:
Anything to favour the caliphate. Genuine business men would be doing business , this monopolistic punk would just come and spoil business. He likes acting like the regulator and competitor. I will pray naked prayer for him.

Lol...

lalasticlala:


https://thenationonlineng.net/cbn-to-place-sugar-wheat-on-fx-restriction-lis/amp/

policies just to favour 'ONE MAN'. senseless cbn Governor

It is finished my people, watch how sugar will join others like rice to start sky rocketing in price.

Dangote hold Nigeria for blokus

KnightsTemplar:
The Should sell the country to Dangote. The Impunity of this Fulani led regime has gotten out of hand, are they using JuJu against other tribe, why can't the south rise against this injustice.

i agree with u.i think they should just sell the entire country to dangote since his the man of the hour.i won't be surprise if i wake up one morning and hear that the country is been sold to dangote bcus in Nigeria anything is possible.

aspabay:
Good move.

Dangote and BUA are able to meet local demands, why should we continue to waste scare forex on importation.
Other serious investors can join local production

.


hahahaha meet wetin?



as in you think it was about meeting demand?


you funny

Why are other industrialists not getting such CBN support.
U believe we have local automobile manufacturers but other people are still importing as well .

wman:
Expect the prices of these to go up. Expect the prices of flour, bread and other baked products to increase. Biscuits, cake, noodles, and spaghetti. Food inflation rate is over 23% already. The design is to keep you poor.

Note that Dangote just fought BUA last week, calling for the FG to ban sugar dealers that don't own sugar plantations in Nigeria. Government of Dangote, for Dangote. Alhaji Putin Republic.

https://www.vanguardngr.com/2021/04/dangote-flour-mills-bua-in-bitter-sugar-war/amp/?__twitter_impression=true

Contact me for PC Games, ebooks and any download you need.

BUA too should go and plant sugar cane instead of rent-seeking and cheating his competitors by importing cheap unrefined sugar.

CodeTemplar:
Lol...

We no steal, we no get billions of dollars. You have majority of the market share yet you want to trample us. One thing I know is that you can't fight God.

baralatie:

.
hahahaha meet wetin?

as in you think it was about meeting demand?

you funny

So what is it about?

You want Nigeria to continue to import what we can produce right?

Get ready for increase in prices of staples like bread etc, steep increases. Your government wants you to starve to death

Oligarchs like dangote and Bua are bad for Nigeria economy. They behave like they own the country. They got anything they request from the government at the detriment of the masses and the economy.

The favoritism is to bad! It is because they are Northerners ? Because Hausafulani believe that they own Nigeria and they can get anything they want.

When FG close border with the exception of Bua and dangote. Which means They can still import and export through land border that was closed by the same FG government while others couldn't have such favour.

Later they will be forming Africa richest men! Africa richest men by greedy, favoritism, tribalism and exploitation.

You will never see on threads like this to come and spew trash!

DonMcek:
Why are other industrialists not getting such CBN support.
U believe we have local automobile manufacturers but other people are still importing as well .

You can see the problem.

Nepotism and Favouritism!

What of luxury cars? Shouldn’t they be restricted also? After all we have car assembly plants here .

aspabay:


So what is it about?

You want Nigeria to continue to import what we can produce right?

as of now! with the acclaimed production by dangote and other participants like bua and others!
Nigeria imports sugar heavily (meaning the local production is far short)

Now you see the one of wheat we do not produce shingbain.

it is total imports (guess the players in the wheat sourcing business [/b] dangote ,honeywell,flour mill and co.

so with these small expo wat do you think is the aim of such a policy by the cbn!!

Since price od garri had gone higher, wheat that's my only succour is about to be hijacked. What a government!

mu2sa2:
Cbn has said it would support local industries. Ipob are not happy about this because the policy will kill their importation business.

Which local industries The local industries they are supporting are only dangote and his corrupt oligarchs. Others industries are on their own. They can go to hell.

mrfreestuff:



BUA too should go and plant sugar cane instead of rent-seeking and cheating his competitors by importing cheap unrefined sugar.

oga come and correct yasef here

https://www.nairaland.com/6504418/more-photos-buas-sugar-plantation

crossfm:
Another banger.

CBN about to make some elite more richer,while the poor masse's remain poorer.

poor also voted for this

Is it good to import sugar?

wman:
Expect the prices of these to go up. Expect the prices of flour, bread and other baked products to increase. Biscuits, cake, noodles, and spaghetti. Food inflation rate is over 23% already. The design is to keep you poor.

Note that Dangote just fought BUA last week, calling for the FG to ban sugar dealers that don't own sugar plantations in Nigeria. Government of Dangote, for Dangote. Alhaji Putin Republic.

https://www.vanguardngr.com/2021/04/dangote-flour-mills-bua-in-bitter-sugar-war/amp/?__twitter_impression=true

Contact me for PC Games, ebooks and any download you need.