Kukutente23:

What difference does that make?
Are you saying if it's petrol it won't count as export

Try get accurate knowledge before jumping on the subject. Would have been better if export was 82% of consumer goods.

nedu666:

Leave your rage. What do you produce

Was this not the dullard i told about fabrics

Bobloco:
Every single day, Tinubu's calamitous economic policies keep moving millions of Nigerians into poverty

Just say your education is inadequate to understand that this has nothing to do with the Federal Government directly but forces of demand and supply for forex as government can't keep subsidizing private businesses.

If you want to price dollar-dependent services just like airlines ticket, you buy your forex at willing seller prices. Alternatively, you innovate and get local alternatives.

This policy of forex free float favours exporters and partly why we are now getting more money from exports than import. It's no brainer that the rent seeking container import business is a dying tribe.

Bobloco:


What are you producing

Tell one single thing you produce

CRIMINALS.. !!!

FreeStuffsNG:

Just say your education is inadequate to understand that this has nothing to do with the Federal Government directly but forces of demand and supply for forex as government can't keep subsidizing private businesses.

If you want to price dollar-dependent services just like airlines ticket, you buy your forex at willing seller prices. Alternatively, you innovate and get local alternatives.

This policy of forex free float favours exporters and partly why we are now getting more money from exports than import. It's no brainer that the rent seeking container import business is a dying tribe.

When I read comments like this, I regret but take solence from the fact that the current minister of finance Wale Edun once said that the last time Nigeria had a stable economy was about a decade ago. That statement is in itself indicting on the APC and its calamitous economic policies

femisplash:

On the monetary side, you're right, however, on the fiscal side, government needs to protect local industries, not banning all importation as you have alluded.

Does this cargo clearance include exports from Nigerian ports?

femisplash:

Try get accurate knowledge before jumping on the subject. Would have been better if export was 82% of consumer goods.

What difference will that make? You still haven't answered

femisplash:

On the monetary side, you're right, however, on the fiscal side, government needs to protect local industries, not banning all importation as you have alluded.

I believe in open borders. Lift all bans and apply low tariffs on imports of goods and services.

Gerrard59:

Does this cargo clearance include exports from Nigerian ports?

It could but not too certain, hopefully it doesn't.

grandstar:


I believe in open borders. Lift all bans and apply low tariffs on imports of goods and services.

Wow...

Thank Goodness you are not in charge of the Nigerian economy.

No country in the world practice what you're advocating. You want to ruin the Nigerian economy, destroy the naira, and condemn Nigeria to permanent economic dependency.

Kukutente23:
What difference will that make? You still haven't answered

It is export but ends up as government earnings.

grandstar:


I believe in open borders. Lift all bans and apply low tariffs on imports of goods and services.

Wow...

Thank goodness you are not in charge of the Nigerian economy.

No country in the world practice what you're advocating.

You want to ruin the Nigerian economy, destroy the naira, and condemn Nigeria to permanent economic dependency - all because you want to be able to buy what other countries produce cheaper even if it means destroying Nigeria 's manufacturers.

Gerrard59:


Does this cargo clearance include exports from Nigerian ports?

Of course it includes export. When exporters make dollars what rate do they convert their dollars to naira

FreeStuffsNG:

Just say your education is inadequate to understand that this has nothing to do with the Federal Government directly but forces of demand and supply for forex as government can't keep subsidizing private businesses.

If you want to price dollar-dependent services just like airlines ticket, you buy your forex at willing seller prices. Alternatively, you innovate and get local alternatives.

This policy of forex free float favours exporters and partly why we are now getting more money from exports than import. It's no brainer that the rent seeking container import business is a dying tribe.

Policy of free float doesn't favour any exporter especially when you have competition. Also the reason Nigeria export exceed import is because of increase in oil export and the rate the fed govt used to covert oil dollars to naira. With falling price of crude, the proceeds from export will fall in dollar value, the only way to increase the naira value is to further devalue the naira

grandstar:


I believe in open borders. Lift all bans and apply low tariffs on imports of goods and services.

Lol.

femisplash:

It is export but ends up as government earnings.

What difference does it make that it's Vicente l government earnings

Inflation ooooo😂😂

Kukutente23:

Stop capping trash. Nigeria export more than we import

Nigeria is mostly into raw materials exportation. Importing the finished produced is then expensive.

femisplash:

College kids in Asian countries cobble together the phones imported, you look for dollars to bring these phones while college kids get paid, aren't you shameless?. it is corrupt minds like you that had deliberately sabotaged the refineries so they could keep importing fuel. No nation develops with 90% import dependency. This lazy and greedy mentality has to stop.

show us the college kids making our Samsungs, iPhones and other android or just dead that fallacy to sound educated

Artscollection:
Idiots are high on morphine, you can't export and people that are managing to import is been discouraged as of there is a solution at hand.
Basic car clearance is over 3m now.

Must you import. Use made in Nigeria to reduce import and save the Naira. I support the FG.

Of course! They need money to fund the building of residences and other important expenses for their comfort!

For an import-dependent country, we are not serious about rescuing the cost of living

On this mandate we must stand

femisplash:

You support past governments that looked away when our refineries rot away but here you are being unpatrotic to a government making frantic efforts at resusitating the refineries.

Baba rest, even the politicians are the biggest culprits when it comes to importing luxurious items.

Offpointng:


show us the college kids making our Samsungs, iPhones and other android or just dead that fallacy to sound educated

You should be ashamed of yourself for asking that question.

Winning123:



Must you import. Use made in Nigeria to reduce import and save the Naira. I support the FG.

Well done! And you think the parts for the Made in Nigeria cars are made in Nigeria? They are still imported

femisplash:

College kids in Asian countries cobble together the phones imported, you look for dollars to bring these phones while college kids get paid, aren't you shameless?. it is corrupt minds like you that had deliberately sabotaged the refineries so they could keep importing fuel. No nation develops with 90% import dependency. This lazy and greedy mentality has to stop.

Ur foolishness stinks to high heavens and ur armchair economic defence is next to nothing
When single infrastructure as basic as light , road,water,are in tattered and battered condition amid soaring inflation,is were u expect local production to work ....na obatala and sango go later reason ur matter mad man

Nigeria is in the 4th month into the great tribulations under Tinubu and APC.

nedu666:



Policy of free float doesn't favour any exporter especially when you have competition. Also the reason Nigeria export exceed import is because of increase in oil export and the rate the fed govt used to covert oil dollars to naira. With falling price of crude, the proceeds from export will fall in dollar value, the only way to increase the naira value is to further devalue the naira

Your thesis above must be Economics 101. You got it wrong. China keeps devaluing her currency to encourage exports. They have been accused by US on this.

Winning123:


You should be ashamed of yourself for asking that question.

If you're not a Subliterate as I thought earlier, you'll show us some proves and not this unnecessary foolish display ur doing

femisplash:

Look at that, cargo clearance. Y'all turned the country into a dump site with all kinds of junks being wasted on dollars, shameless wailers. During the election, they were screaming "from consumption to production" yet they are the biggest culprits of importation. Crying over another man's currency than to strengthen the local currency.

jmoore:

The device you used to post this was imported.
The petrol they use to run generators were you pay to charge your device was imported.

Your Tinubu is borrowing another man's currency.

You are 'accusing' a particular set for importing. Do you know how much FG generates from import duty?

Dey babablu dey go.

@jmoore the response u gave to the empty skull above is the best. Most people claim they are smart buh most time they dont even listen to themselves.

@femisplash do you actually think those politicians ruling you don't know how important igbos are in this country?

Bobloco:


When I read comments like this, I regret but take solence from the fact that the current minister of finance Wale Edun once said that the last time Nigeria had a stable economy was about a decade ago. That statement is in itself indicating on the APC and its calamitous economic policies

Which solace. Did you invest in infrastructure then. You did not invest in rails, airports, power, roads, schools etc. Stop living in that past. Nothing good to say about that past. We did not enjoy electivity that time.