joyandfaith:
1. Border closure- Nigeria has no comparative advantage to produce rice and cettain ban goods in commercial quantities. General insecurity is preventing most villagers to farm. Hunger is hitting people bad.
Solution-land borders should be opened for food importation.

Vickym1:
And some people want to start from where he stop

amuwo1980:

Amusing and smacks of amateurism, so since the boarders were closed nigeria became super sufficient in food production and the so called fuel exportation have halted. And why was the border closure enforced in the southern path of the country while the exportation of the fuels is mostly via northern borders and it remained ever flowing .

The only problem was that Nigerians stopped trusting the policies of the president, because of the clannish and religiocentric actions he or "they" took before these policies. I could have given you are more comprehensive answer, but am present occupied.

joyandfaith:


Meaningless post. China still imports food. If you don't have comparative advantage to produce certain commodores, don't waste your resources in producing them. Japan is a king in automobile technology because of abundant steel in the country. Afghanistan is a major supply of opium in the world because it has natural advantage to produce it. Border closure is a major reason why prices of commodities go up. Scarcity causes inflation.

Nigeria is spending dollars that it doesn't have to pay back loan. It is not good for our economy.
The truth is Buhari policies destroyed economy.
If government wants to float forex, external borrowing should be stopped. CBN has been fixed forex for decades. There would always be parallel markets because restriction is too much on what people can import. Ineffective regulation. Economy should be liberated. Rigid approach of Buhari to economy is causing stagnation.

techWriter3:


You are comparing Nigeria to China and Japan? They are major exporters of goods and services, unlike Nigeria. The fact is that we do not have the money to live the way we do.

joyandfaith:


The point is that as a nation you focus on producing things you have comparative and natural advantages to produce easily.

Mobi47:
And Osibanjo is an accomplice....Many are still clamouring to make osibanjo the next president. I don't think Nigerians are ready to have a better country.