like it did before it was closed.

since it was closed, did the economy become self sufficient?

CaveAdullam:
The article and concern of the rep are everything that can't make a country experience economic prosperity.

Opening your borders will reduce the price of goods and services. Because there will be inflow from many sources who intend to capture your market. Even many of the indigenous citizens can see it as an opportunity to act as wholesalers, retailers, or distributors of such goods.

Opening your border allows your citizens to focus on the absolute or comparative advantage of goods and services. Rather than try to reinvent the wheel, they can focus on goods and services they have higher powers compared to other countries.

By opening your border and allowing the free flow of goods and services, that both import and export, you make life easy for the common man because producers will compete for them by lowering their prices. If the citizens can get their basic needs met they can focus on other things like innovation, invention, and research.

Any economy regulated by the government makes both imports and exports difficult. The result is hardship. The people favored are government businessmen and their friends and families. It gives room to monopoly. It makes local manufacturing and production difficult.

The function of government is to check for standards and quality and maybe bail out in tough economic situations. By the way, those difficult economic conditions are a result of useless government policies.

The free market is what built, America, China, Singapore, etc. Allow the market to decide what will happen in the economy. Give it a free chance. The free market creates more prosperity than anyone can think of.

Greed and exploitation in the free market is a fallacy. A fallacy we've all swallowed as truth. When there's competition, which is a result of the free market, there can't be an unnecessary hike in price. See Air Peace and other airlines.
Again we don't also consider the cost of production. We only see the price and start shouting "greed and exploitation".

However, in a free market, a capitalist market, every manufacturer will maneuver costs to ensure that the price for goods is on the same par with similar goods in the market. Or better still switch to another form of business to avoid loss.

Nigeria should open its border. Reduce the amount of import charges. Reduce tax rate. And the economy will grow.

There was no country when they were poor that closed her border that ever prospered. No country on earth. No one.

Thanks.

Exactly.

When our people travel to Saudi, they buy China made goods back home, even the Almighty UK, u still see China made stuffs

Some mumu will think this Yoruba fake rep care about them but he did not😂. The only reason he did not want the federal government to open the border. Is because is benefiting from the closure 😂. Greedy man. That border should be open. The united state of America import almost all there food products from other countries but there economy is not cripple nor inflation affects them

Our economy was doing well when the borders were opened under the administrations of Obasanjo, Yara dua, and Jonathan. What did the Rep member smoke?

But our Economy was better when our borders (South) were opened during the administrations of Obasanjo, Yara dua, and Jonathan. Our manufacturers usually conspire among themselves to keep the price high.
What did the House of Rep member smoke?

WorldRichest:


Igbo victim mentality again?

Is not lying. I live in the north. In sokoto alone, I know more than 50 borders😂. How could government close it all. The only issue is that, he doesn't know that border is everywhere in the north. 😂😂😂. It is only southern border that can be close which is not fair at all

NaijaCowFarm:
Why are we still buying foreign-made SUVs for Rep members?
Tinubu should stop patronizing foreign doctors, afterall we have doctors at home, both native and orthodox doctors.

Can they manufacture SUV in Nigeria?

Nobody manufactures automobiles in Nigeria, they ship all the auto parts from abroad.

the government and their agents are jesters to expect local industries to produce what we need in the face of inflation , insecurity and crumbled agric sector , ,you can not wait for such growth while you starve the populace for almost a decade of border closure with nothing to show for it, this approach can't work if it hasn't yielded in the last 9yrs! it's just a tactless economic policy, Jonathan did and reversed it when he saw hunger ahead, the approach is to grow and support local industries to compete with exports before you close borders not the other way round, government is run by unskilled person's in Management and leadership that's why we start from top instead of bottom! remember the slogan from top to bottom, we started with the last phase -border closure and now want to grow while hungry

No tangible contributions from losers again, just wailing and out of point comments.

Only mass science education in our native languages would put and end to the problem, not inviting "experts from those countries" to come and provide the things we need. Unfortunately, colonialism has put this simple solution completely off our thought radar.

If you investigate this politician that is against border reopening,he doesn't patronised locally made goods.He doesn't patronised local hospital.His children are having their education abroad.Is he not a hypocrite and double standard?
This local manufacturers are exploiting Nigerians.They are not creating jobs.Do you know how many CVs I submitted in various manufacturing sector without a call for job interview? Do you even have a steady power supply to start with?

adenigga:





Source: https://punchng.com/Border-reopening-will-cripple-Nigeria’s-economy-Rep-warns

Mr law breaker abi law maker, before you spew out trash, show us your bulletproof car whether or not it's made in Nigeria.

What's the effort on ground to help indigenous companies? No power, fuel, gas is sold at outrageous price
Do you have any investment in manufacturing sector? Or you only remember Nigerian made when it affects the masses?

Juliusganduje:
Fooling and devilish imp. He is not feeling the hardship Because of the loot in his possession.

Is he eating food produce in Nigeria, is he practicing what he is preaching.
This is the same man that runs to Country for treatment.
Who do us all like this in this country.

It will cripple our economy but help those smuggling things into the country.

Clowns in power.

Just look at this idiot

So you would rather prefer smuggling...making some corrupt Customs officers billionaires...

Abi is this guy benefitting indirectly from serious smuggling syndicates worth billions of Naira?

He mentioned Nigeria's economy... Wey the light, Abi Na increased electricity tariff, wey the affordable diesel self?

jattopeter:

Is he eating food produce in Nigeria, is he practicing what he is preaching.
This is the same man that runs to Country for treatment.
Who do us all like this in this country.

Blame us the docile masses.

My ear can't hear this bad speech

Nawa4nl:
The border is only closed in the south.
In the North its open.

Buhari closed the border to kill igbo business

The rep is stewpid.Niger border in the north was reopened by Tinubu but seme border in the south remain close.

WorldRichest:


Igbo victim mentality again?

Niger border in the north was reopened but seme border remain closed.Who is Tinubu pleasing?

Let's see it first...

Crazy people called rep members, who are they representing?

adenigga:





Source: https://punchng.com/Border-reopening-will-cripple-Nigeria’s-economy-Rep-warns

Stop the lies about local production and just open the border instead of allowing smugglers and customs to make a killing at the expense of the country.

Enemy of progress. I really don't blame him.

What do you expect wicked and fraudsters to say


Useless people

But IBD dende can smuggle things in .All the weeks,Fij reporter has been tagging CustomsNG to their deals,they've refused to reply.

At this point, I will support price control like he suggested.

Nigerians have gone nut with their greed.

They contacts on the other hand has been smuggling essential goods into the country for long from rice, to animal to chicken/beef, to other house hold consumables

Is the economy not crippled now?

NaijaCowFarm:
Why are we still buying foreign-made SUVs for Rep members?
Tinubu should stop patronizing foreign doctors, afterall we have doctors at home, both native and orthodox doctors.

You na wiseman.
Oya, chop knuckle.

Oga rest! Go to Europe and learn how trans border trade operate. If Nigeria does not want to take advantage of the trans border trade to flood their products in other countries and earn forex, then that is their problem.

Idiot!!! Their usual mantra is let us endure but i keep wondering what they are enduring.