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Nigeria Cannot Feed Herself. Spent $15 Billion Importing Food in 2019 - Politics (4) - Nairaland

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Re: Nigeria Cannot Feed Herself. Spent $15 Billion Importing Food in 2019 by being(m): 9:10am On Feb 08
It is why Microeconomics is different from macroeconomics! As a family, even a small company, u focus on few things but as a country, u can have several things u export and also other things u produce mainly for local production. Look at USA, hw many goods and services are they major exporters of? - countless. We should be an exporter of different agric items, we should export mineral resources and we certainly can target export of refined minerals and agric commodities!!
mrvitalis:
For the 1000th time APC import of a Nation is never a problem, lack of export is the key issue

It's foolish and primitive to want to produce most things you consum

Pick the few you can prosuce well better than most of the world

Focus on it produce them in excess export and use the earnings to import things you can't produce efficiently

Between a man who farms his own food, treat himself, sow his own clothes, repair his own stuffs

And a man who specialized in one thing say making cloths and buys the rest who would be richer?


It's just basic logic and basic macro economics
Re: Nigeria Cannot Feed Herself. Spent $15 Billion Importing Food in 2019 by Kukutenla: 9:23am On Feb 08
mrvitalis:

By Nigerian standard lower middle class that's how bad Nigerians are

If Okada riders are poor then 90% or civil servants are poor too

Poverty is defined by spending less than 2400 per day ( housing, food, transportation, clothing everything) Okada riders are past that way higher
Lower middle class is your own imagination.
Okada riders and civil servants are not in the same economic class. In getting tired of this back and forth which betrays your poor grasp of basic issues.
Average civil servants take their kids to private schools even if not the really good ones but private nonetheless.
Average okada rider's kids attend govt public schools which are basically tuition free.
The spending on those private schools alone already trumps any other spending from the okada man. I don't want to go into further details but for you to classify okada rider and civil servant in the same socio- economic class shows how poor your understanding of issues are.
Same you did for petrol and kerosene/diesel consumption.
Bye
Re: Nigeria Cannot Feed Herself. Spent $15 Billion Importing Food in 2019 by Kukutenla: 9:35am On Feb 08
mrvitalis:

A poor man can't buy okada sir
Who even told you most okada riders own the bikes?
Most are on hire purchase
That you think someone who does okada job is middle class is appalling
Re: Nigeria Cannot Feed Herself. Spent $15 Billion Importing Food in 2019 by aribisala0(m): 9:40am On Feb 08
mrvitalis:

Do you even know the definition of poor people according to world Bank?

It is better you keep quiet
Re: Nigeria Cannot Feed Herself. Spent $15 Billion Importing Food in 2019 by Matrix137(m): 9:54am On Feb 08
aribisala0:


It is better you keep quiet
Good morning sir, Pls sir, can you assist me with 2k or any amount to buy foodstuffs please. I'm really hungry here.

07 25 00 93 40 access bank

God bless you !

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