thebosstrevor1:
Peter obi said he will remove forex and import restrictions.

Seems like peter obi wants to destroy Nigeria's local economy.

He wants to make us dependent on only import.

How then are we going to get forex if we only import goods not produce anything.

This man will kill Nigeria and then make it a dumping ground for imports, that also means high unemployment rate

You have the IQ of a monkey

Roger3D:
I thought I was the only one to observe that from his statement. The vast majority of importers in Nigeria are Ibos like him who produce nothing locally but use Nigeria as a dumping ground for substandard Chinese goods to the detriment of our local economy. He's probably echoing the thoughts of his western neo-liberal masters who granted him audience in America yesterday. A vote for Peter Obi is a vote for economic enslavement. I remain DISOBIDIENT.

Even Innocent Chukwuma would hate Peter Obi now.

Peter Obi and his wacky ideas. First, it was his contractionary monetary policy. Now, this. Peter Obi is dangerously clueless. He will sink our fledgling production base and thow us to the sharks.
How can you promise a production based economy and throw throw our borders open to all sorts of cheap imports particularly from Asia.

Mrfixitt:
No country in the universe which does not import. The problem is when your rate of importation as a nation is way higher than your export. Peter Obi is spot on

Yes but all nations on earth have import restrictions to protect their local economy. Obi wants to remove those restrictions to favor eastern businessmen who are the backbone of his economic agenda to the detriment of our local economy. It's unprecedented in our recent history and we cannot let this happen

tctrills:

You obviously do not understand the advantage of a free market economy but if you want to know, we can discuss

You are talking rubbish Japan, South Korea and China fiercely protected their industries in the early stages of their development. You cannot throw a country like Nigeria open and hope to win, not even against a country like South Africa, not to mention China and other Asian countries.

Mrfixitt:
No country in the universe which does not import. The problem is when your rate of importation as a nation is way higher than your export. Peter Obi is spot on

So the way to increase our export is to remove import restrictions ?

ElSudani:


You are talking rubbish Japan, South Korea and China fiercely protected their industries in the early stages of their development. You cannot throw a country like Nigeria open and hope to win, not even against a country like South Africa, not to mention China and other Asian countries.

Nigeria has had one of the most closed economics in the world. How has our industries grown.
I am sure you don't know that Africa has the most import restrictive economies yet we have no industries.
All the countries you mentioned have free trade agreements with many other countries.
You can Google it.
The definition of insanity is repeating the same wrong thing over and over again.
Restrictive economies have failed Nigeria, why don't we try a free market economy?

thebosstrevor1:


Go to ogun state and other industrial areas in Nigeria, you will see the manufacturing industries we have.

Obi wants to totally kill them, not only that, he wants to also kill our agricultural system if he remove restrictions on import.

We are in for trouble. Obi shouldn't be voted into power.

Oga shut up abeg

Mrfixitt:
No country in the universe which does not import. The problem is when your rate of importation as a nation is way higher than your export. Peter Obi is spot on

do you read what you just wrote ? mehn how did 13 fools like your comment. don't you know when importation is way higher than production that's is a demerit to the economy and currency too. egbami. God !!!! why ve the youth gone this stupid

StrongAlphMale:
Tinubu urchins are so daft and highly senseless.

Oga is the so called local economy working? How's life today compare to 10 years ago? Abi brain dey pain you? What is wrong with you tehifnubu supporters? Tinubu has no vision nor idea on how to rule Nigeria and he is highly unfit yet you saw a man with visions who's eagerly ready to change the country from consumption to production you dey complain?

If suffer never tire you, millions of Nigerians are tired oga peter Obi is the next president of Nigeria

so if it's not working total annihilation is the next......Funny enough you fit dey one institution like that ! talk to any economist student...ask effect of high importation and low production. I just feel like crying seeing comment like yours.

WibusJaga:
.

Urchins spending sleepless nights attacking Peter Obi & yet they claim he is not a threat to the sick ancestor bat.

tackle the post with fact stop the abuse. is the guy wrong or right and why ? too much dumbass on this nairaland this days

Mrfixitt:
Your Buhari closed importation, where has it landed us ? Even US and UK import from china and Japan

them say read and understand you said no. yes they import but they also produced a lot which strengthen their economy. production is key. read economics textbook. ss1 textbook

Slynation:
says who?? A country can never produce everything it needs, more reason there is what we call comparative advantages...

Smuggling is as a result of corruption, that alone is another aspect to deal with entirely, because you have to bribe someone to smuggle products through the land borders...

yes a country can not produce everything it need but as long production is bigger than importation. it help the currency and economy. Nigeria as it is right now is not really a production country. so removing limitations on import will kill the production pata pata....stop being sentimental....even a day old baby knows the truth....be honest am I wrong

Peter obi is an importer and he made is billions from importing.

holatin:
them say read and understand you said no. yes they import but they also produced a lot which strengthen their economy. production is key. read economics textbook. ss1 textbook

Ode, go and read my previous post on this thread before the one you quoted. I know much more than you do Tinubu agbero

holatin:
do you read what you just wrote ? mehn how did 13 fools like your comment. don't you know when importation is way higher than production that's is a demerit to the economy and currency too. egbami. God !!!! why ve the youth gone this stupid

You're demented honestly. I mentioned it that it becomes a problem when a nation imports more than they export but too much agbado could not let you understand what I wrote.

Mrfixitt:
You're demented honestly. I mentioned it that it becomes a problem when a nation imports more than they export but too much agbado could not let you understand what I wrote.

ur urchin who lambast the man don't know how large scale farming can help the economy. lot of us state are farming agbado as a source of alternative fuel. ethanol

Mrfixitt:
Ode, go and read my previous post on this thread before the one you quoted. I know much more than you do Tinubu agbero

anyone who countered ur stupidity must be a tinubu followers....mehn you Jew from the east no dey fail us with thy thought

holatin:
anyone who countered ur stupidity must be a tinubu followers....mehn you Jew from the east no dey fail us with thy thought

See Mumu dey call person Jew. Do you know who you're talking to ? You're a street urchin so swerve and locate your class to argue with

Sergio103:
We can see how the local economy is faring.


No strength for zombie. Half education is a disease to our society

But search the net on "the commensalism in local and foreign firm"

even Obi is practically an illiterate

goodmike7:


LOL how did obi liberate anambra state if he could not give anambra steady power supply to stabilize the sector or encourage local productivity, how then do you think he can do this on a national level?

Mumu. Power sector is centralized

thebosstrevor1:
Peter obi said he will remove forex and import restrictions.

Seems like peter obi wants to destroy Nigeria's local economy.

He wants to make us dependent on only import.

How then are we going to get forex if we only import goods not produce anything.

This man will kill Nigeria and then make it a dumping ground for imports, that also means high unemployment rate

The only thing Obi knows how to do well is container business.

Lack of education is a disease! You want to be like Dubai… do they have import restrictions in Dubai? What a smart government do is to impose higher tax on products manufactured by the country! That is what Peter Obi is proposing!