₦airaland Forum

ednut1:
without investing it the value erodes. Over 70% of that money is invested with govt thru tbills and bonds

allthingsgood:
So wen u keep ur money inside bank without spending, does the value erode Stop talking trash

Sadly, YES...
Unless it is earning interest HIGHER than the rate of inflation, the values of the money sitting in your bank account erodes everyday!
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Dewze:
If they have this much money, why are they still refusing to pay retired police officers their pension?

My mum retired since July last year and she has still not been paid, no insurance payment, no pension payment, nothing.

naijadrivablog:
Ate you paying Pensioners as at when due

Bakerdav:
I don't think so because there are some pensioners with salary till date and some other benefits like 33%,shortfall

daddytime:
So so trillions yet, pensioners dey languish in penury.

Dem for kukuma allow pensioners dey draw their money alongside their salary every month while still active so as not to enrich cursed thieves like Maina.

Luciferlove:
If we have such huge amount, why then is our daddies not getting paid their pensions or am i missing something

enemyofprogress:
do you believe those lies? Tell her to bring out the money to pay retirees, you hear another story

It’s for future pensions liabilities, not past ones...
It’s a contributory savings scheme, so current workers are saving now (through monthly contributions) for their future pensions.
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majamajic:
The man too much

Am trying to know who did the Fela artwork at Allen ikeja ' fela salute'

The artist try

Abolore Sobayo did it...
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majamajic:
One of his works , at NEPA HQ marina Lagos

He also did this sculpture (“Anyanwu”) that’s in front of the National Museum in Onikan, Lagos...

https://www.contemporaryand.com/wp-content/uploads/2017/10/11_Enwonwu_Anyanwu_-1954_55-copy.jpg
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Aderewah:
Lol. Nigerians can't understand or appreciate this. Unless it's tacha, Mercy or mc Galaxy.

2sexycom:
What do you expect from a people with 3rd world living and "7th world education"?

Some of you sound like you ought to get out and get around more...

Apart from art being part of our cultural DNA, there are some fantastic galleries and showings in Lagos...
For instance, Art X (the fourth edition of which is coming up in about # weeks) is arguably the pre-eminent art fair in SS Africa.

Nonetheless, even abroad in the so-called First World, Art is not usually for the masses...
To that extent, given the amount of local and native art that pervades the Nigerian public space, you comments are rather ironic.
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Celebsnews:
Wawu. Where are pics of the painting?

Don’t know about ‘Christine’ but here’s a pic of ‘Tutu’...
It was displayed in Lagos at the Art X fair at the Civic Center last year.

https://www.southworld.net/wp-content/uploads/2018/03/mona-2.jpg
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majamajic:
Ben Eweonwu , the name rings a bell , I think I have crossed through his works during school days , but can't remember now.

He did the Sango statute in front of the old NEPA building on the Marina (in Lagos Island)...
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PerfectlyPerfect:
First time I'm hearing of a Nigerian art piece sold at so high a price. I'm impressed

‘Tutu’ by Enwonwu sold for $1.67 million in early-2018...
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Isinweke:
OUR BORDER WITH NIGER REPUBLIC

Not during elections...
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gaskiyamagana:
You should have said, the operation should be extended to monitoring of killer herdsmen.

Of course, it goes without saying...
But the fact it apparently never crossed their minds is a telling commentary.
>

>
Abegi, let’s get one thing clear that many comments on this matter seemingly fail to fully grasp...
THE ONLY THING THAT’S HAPPENED IS THAT SOME LAND BORDERS HAVE BEEN CLOSED. THERE ARE NO NEW IMPORT BANS!

What this means is that you can still import tomatoes, rice and everything you want to...
But instead of small traders importing these, it will now be the MONOPOLY of rent-seekers who can afford to ship these items!

Meanwhile, let’s address the underlying structural issues that this cosmetic border closing does absolutely NOTHING to resolve, and why NIGERIA has some of the world’s HIGHEST costs of production and why we still rely on imports for even some of the products that we produce in relative abundance. Let’s start, for example, with tomatoes (since it’s what has kick-started this discourse). Nigeria is actually Africa’s leading producer (and among the world’s leading producers) of tomatoes, but we lose at least 40% of our harvests (some estimates put our losses as high as 60+%) before it gets to market on account of a lack of storage and preservation infrastructure and terrible roads and poor logistics. Closing the border does NOTHING to resolve this. It merely results in POOR NIGERIAN CONSUMERS IN THE WORLD’S CAPITAL OF EXTREME POVERTY having to pay HIGHER prices since without the Benin Republic imports, there’ll now be FEWER tomatoes in the market.

Now, let’s look at rice. It may surprise some to learn that Nigeria is actually Africa’s leading producer of rice, having overtaken Egypt in 2017 or thereabouts, but we are still short of meeting local market demand from entirely domestic production (either because our population keeps growing or our taste keeps changing, not surprisingly in tandem with increased urbanization). Accordingly, without importation, we merely replicate the situation with tomatoes - that is, POOR NIGERIAN CONSUMERS IN THE WORLD’S CAPITAL OF EXTREME POVERTY having to pay HIGHER prices because without supplementing local production with imports, we are left with FEWER rice in the same local market. Meanwhile, we have to HONESTLY ask ourselves how rice produced on the other side of the world (often with relatively more expensive labor) and then shipped halfway across the globe still manages to cost SIGNIFICANTLY LOWER than locally-produced rice (stone and all).

REALITY (and as my moniker indicates, I’m a hard-nosed realist) is closing land borders does absolutely NOTHING to redress why we have some of the world’s HIGHEST costs of production, not only in respect of rice but with many other products. Our farmers still rely on mostly poor seedlings and poor farming methods, and thus we have probably the LOWEST yield per hectare in most of the developing world. In addition, we are lacking in irrigation infrastructure, and thus not only are we still compelled to rely on the somewhat unpredictable fortunes of “the rains” but are also stuck with seasonal farming instead of year-round farming (which is why we are Africa’s largest producer of maize, and among the world’s leading producers but PARADOXICALLY also one of the world’s leading importers of maize - because for more than half of the calendar year, we neither plant nor harvest corn). Of course, already discussed the issue of poor/non-available storage facilities as well as poor roads and other transportation/logistic infrastructure, that constrains getting products to the market TIMELY AND COST-EFFECTIVELY.

Accordingly, if this government was really serious about sound economic policy and development, it would help farmers with improved seedlings for better yields, with irrigation infrastructure to drive year-round farming, proper storage facilities including cold storage for perishables (such as these tomatoes), much better road transportation and logistics infrastructure, necessary market and pricing intelligence/information, in addition of course to better agricultural financing and insurance, among others. Even if some misguided policy makers in Abuja erroneously believe that the border closure is an optimal means to encourage local production (not sure why, but the cluelessness and incompetence in Abuja can never be overestimated), there would still be a LAG TIME for local producers to cultivate, harvest and mill (in the case of rice) their products before even getting to market, so why a SUDDEN closure which simply results in FEWER products in the market.

Sadly, Nigeria has become like the proverbial farmer whose farm is on fire and instead of fighting the fire, he busies himself with chasing bush rats fleeing said fire. Thus, instead of addressing structural issues that impede local production and productivity, we merely place an additional layer of effective ‘taxation’ (an Incompetence Tax, if you will) on POOR NIGERIAN CONSUMERS IN THE WORLD’S CAPITAL OF EXTREME POVERTY by DECREASING the quantity (perhaps even quality) of goods available to them and thus invariably condemn them to HIGHER PRICES for fewer goods (and choices). So, let’s be clear about this - the closure of the land borders is an ill-advised resort to cheap cosmetic POPULISM (in derogation of sound economic policy) that bedazzles the gullible but which does absolutely NOTHING to address/redress our structural issues! After Mr. Buhari drives even more Nigerians quicker into POVERTY, we’ll still be at Square One!
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Lucid1:
Probably the economic team's recommendation.

Which economic team?
Abegi members of the recently-constituted Economic Advisory Council are too smart to recommend such NONSENSE!
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Sirseedorf:
Good move

Buhari gat this

hopeforcharles:
Well not a bad idea since they want to close the borders they better make it water tight. Lets see what benefits closing of the borders will give us

emerged01:
Should I be happy or sad? Well,I am happy for the For the farmers who smiling to bank and I’m sad for importers of rice who are witnessing financial setback.

Abegi, smiling to the bank at whose expense...
The NIGERIAN CONSUMER IN THE WORLD’S CAPITAL OF EXTREME POVERTY.

We have a structural problem....
But we are trying to use a substantively cosmetic approach instead of trying to resolve the REAL issues.

Before we go any further, let’s get one thing clear that most of the comments above fail to grasp...
IMPORTATION OF THESE ITEMS HAVE NOT BEEN BANNED, ONLY CERTAIN LAND BORDERS HAVE BEEN CLOSED!

What this means is that you can still import tomatoes, rice and everything you want to...
But instead of small traders importing these, it will now be the MONOPOLY of rent-seekers who can afford to ship these items!
>

Bubu, so you want to deploy drones and technology to prevent possible smuggling by small-timers, but...
How come these drones had never been deployed against herdsmen rampaging through the land and slaughtering citizens?
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oloriLFC:
Good one. These ones will never get millions as a boost. Youths will not come online to hail them, na only to glorify rubbish naim we sabi I tire for us as a people and the thing dey pain me!

DeRay98:
That's why they say,"Nigerian youths are lazy".
It doesn't apply to all but you see that don't celebrate successful "grinders" only the cheats and non-entities promoted by the likes of BBN housemates.
They don't appreciate cerebral achievers but lazy shortcut performers with transient values.

It takes all kinds to make the world go round...
It would be an extremely tedious life if there was no variety.

Meanwhile, the folks on BBN get millions because they make hundreds of millions (maybe billions) for the producers. It’s NOT dash.
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Poloyanabo1:
Now this is very backward and shameful, in its 55 years of existence that the NAF never had any female pilot, isnt it shameful?....i ThankGoD we're beginning to make progress, otherwise its not worth celebrating.

In life, some see the cup half-empty while others see it half-full...
You have unwittingly just shared with the world your default outlook.
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Nyamiri:
Now, these are real women goals.

Not prostitutes like Toke Makinwa that can bleep half of the men in a local government.

Yet another Nigerian male misogynist troll...

Toke is an OAP, multiple brand ambassador, published author, small business owner, and influencer, while YOU are busy expending time and energy on Nairaland obsessing over her. Abegi, stick to folks who know that you are alive. SMH
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Collinsaik:
Can these soft looking ladies really fight?

Go stand in front of a fully loaded missile-carrying fighter plane and find out for yourself...
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CONGRATS my Sistahs....
Don’t know why that woman kept hugging them though.
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crackhaus:
Now this is more like it.
Females doing great things in male dominated fields without complaining of sexism or screaming about gender equality.

This is the true girl power up there, strong women unlike the SJWs on Nairaland calling themselves feminists from dusk till dawn with nothing to show for it.

Dude, you can congratulate the Sistahs without minimizing the REALITY of sexism, misogyny and Naija cultural discrimination against women!
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Con artiste...
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BS!
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OreMI22:
One of the oldest airports in Nigeria.

Yet, some people motivated purely by nepotism and the need to STOP other regions from developing indefinitely shut down the ONLY international airport in the entire region. Then started a litany of excuses and foul politics with fixing the so called "issues" they hitherto promised to quickly fix once they were allowed to shut down the airport for repairs.

There is little wonder why Nigeria is so divided today and why they have held down the entire country in their wickedness to punish whole sections of the country for their voting pattern?

Did OBJ or GEJ punish any section of the country for their voting pattern? Go figure why Nigeria has truly become an unsustainable union and a bloodbath waiting to happen. Unless it returns to the Independence constitution agreed to by our founding fathers.

I will not pretend to understand the local ‘politics’ of this discourse...
But I have been to that airport, and something needed to be done before mass casualties result.
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FrLukas:
Beautiful pictures. The same could be said for other cities and towns in Nigeria of that era.

Over the years, our Nigerian cities have become an eyesore, unplanned and looking ghastly from the sky. It's almost as if a war just recently ravaged the country.

In a nation where everyone in the building construction industry, including town planners are doing the work of the architect and the architect in turn has abandoned his own work and is now a contractor, how won't our cities look like a huge refugee camp?

flow26:
See how neat and tidy everywhere looks.

Sholaco:
It might look like a stone age period but then things were orderly.....

OnyeOgboni:
See development brought by oyibo then..before the inferior mbutu black African sub human species assumed leadership and turned the country into a shithole..call it self-hatred but Idgaf!Truth.

A handful of places where Europeans (precisely, the British) worked and shopped does NOT make a city...

Most of the rest of the indigenous population lived in slum-like settlement and largely in filth, lacking in basic amenities.
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Talent management? What’s her ‘talent’ again?!

Seriously, though, BEST OF LUCK to her! Bless her hustle!!
Whatever non-criminal activity anyone can rig up in this country, I am all for it.
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ORIENTATION101:
the local farmers and manufacturers of local rice re gaining.. they re getting patronage and they re smiling to the bank.
Customs made 300b within 2 months it is part of border closure effect.

Nigeria petrol consumption drop by 8millions litres meaning we re saving subsidy funds on 8millions litres.and more than enough petrol to go round

Many nigerians and stakeholders re now actively participating in rice cultivation which we improve self sufficiency in near future

adedehinbo:
you forgot poultry farmers,if this closure persists till festive period, I would be a millionaire

DennisEche:
THE ONLY GOOD THING THAT CAME OUT OF THIS GOVT WAS BORDER CLOSURE

johnmattew:
at the expense of ur economy??

RichDad1:
Don’t mind the leeches.

majamajic:
good analysis , but for example am a Nigerian worker , I normally buy local rice for example 5000 now am buying it 10000, is government gaining from citizens for paying higher for local commodities ?

just wan understand this

Eteka1:
Thanks for this good orientation.

Successlane:
I owe you a bottle of cold ………… (fill in your choice)

With our population, vast and fertile land mass, if we can't feed ourselves, let's go hungry.

I support the government on this policy, 100.00%

Raeynique:
I guess it's farmers time to make money now.. it's good for them...buy they should sha go easy on the billing

immaq8:
yet 50kg is 23k. hmmm

cashkid:
U dey mind them? I trust buhari
The guy no even send them

Mccullum:
IT'S YOU THAT NOT INFORMED, HAD IT BEEN YOU'RE INFORM, YOU WON'T SAY HE'S LYING.

Psady:
Na small small! we will get there, we go carry our cross. we want good and working economy abi? make we suffer small now,no be by magic. We are tired of past politicians giving us crumbs, killing our economy disguising as saints .

killmods:
This is one of the few things this government has done right. It will affect the economy positively, encourage local farmers and most of all reduce the number of inorganic nonsense foods in our markets. The way i pity people that hustle those useless frozen chickens and turkey.. if only u know what ur doing to urselves and the next generation una nor go near those sellers again.. Good work bubu for once at least

sparko1:
This is the mentality we need right now, how can we have over 50 million work force and we can't feed ourselves, most of the farmers are now looking for cleaner job, carpenter, and all other job just to get by, if they can produce and sell at a moderate price they won't mind going back to the farm.

The REAL (rather than the substantively cosmetic) issue is why are we importing and subsidizing petrol in the first instance...

Apart from the fact that we really should not be subsidizing consumption at the cost of investment, interestingly, diesel which NIgerian truckers and transporters use to transports goods and ordinary Nigerians around the country is NOT subsidized. Kerosene, which the poorer and middle-class as well as some micro- and small-scale businesses use for cooking and/or other fuel is NOT subsidized. Aviation fuel which fosters business by enabling the whole movement of cargo and persons is NOT subsidized.

Ironically, the principal effect of this petrol “subsidy” regime (even ignoring the obvious CORRUPTION involved) has been to deter private capital and investments for flowing into the downstream and refining sector, because no rational or sane investor will make large capital investments into a sector where the government prevents them for cost-reflective pricing and charging enough to cover their costs and make a reasonable profit, as the DISCOs are finding out to the detriment of POOR NIGERIAN CONSUMERS (even Mr. Dangote has insisted that his refinery products will be priced at international rates, but not all investors have his capital, connection or political clout).

The land border closure, even if we assume or accept merely FOR ARGUMENT’S SAKE that it has reduced nominal demand for petrol, does absolutely NOTHING to address or redress the REAL issues bedeviling the petrol sector in Nigeria, which is in a nutshell that unless/until we fix our refineries (or sell it off to those who can fix and properly run them) and discard the CORRUPT “subsidy” regime, we are merely engaged in the cosmetic POPULISM of spraying poutporri in a shithole which may make it smell nice for a minute but the shyte remains untreated.

Anybody who has spent any significant amount of time in the North (including Mr. Buhari himself)would be well aware that crossing between Nigeria and several neighboring countries at so many points is about as easy as taking a walk into the bushes for a dump, with non-existent border demarcations for myriad miles of the border. Accordingly, so long as we continue to import and subside petrol, the land border closing does absolute NOTHING to redress the structural issue, because it will still cost N145 in Nigeria but much higher in neighboring countries.

I was actually going to add that the border closing does not affect the economics (or incentive) of smuggling petrol out of Nigeria into neighboring countries because closing the border does absolutely NOTHING to change the disparity in pricing that incentivizes such smuggling, but on second thought realizes that it does so in a PERNICIOUS way harmful to the NIGERIAN economy. The border closure will NOT stop the smuggling (because the price disparity and arbitrage opportunities remain unchanged). The only substantive change will be a smaller group of smugglers (possibly politically-connected rent seekers) who, because they will have fewer products to sell, will be charging higher prices.

All said and done, Mr. Buhari’s land border closure policy is an effective SCAM on ordinary Nigerian consumers and the masses...
Hopefully, the recently-constituted so-called Economic Advisory Council will live up to their individual credentials and quickly get rid of it.
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ORIENTATION101:
the local farmers and manufacturers of local rice re gaining.. they re getting patronage and they re smiling to the bank.
Customs made 300b within 2 months it is part of border closure effect.

Nigeria petrol consumption drop by 8millions litres meaning we re saving subsidy funds on 8millions litres.and more than enough petrol to go round

Many nigerians and stakeholders re now actively participating in rice cultivation which we improve self sufficiency in near future

adedehinbo:
you forgot poultry farmers,if this closure persists till festive period, I would be a millionaire

DennisEche:
THE ONLY GOOD THING THAT CAME OUT OF THIS GOVT WAS BORDER CLOSURE

johnmattew:
at the expense of ur economy??

RichDad1:
Don’t mind the leeches.

majamajic:
good analysis , but for example am a Nigerian worker , I normally buy local rice for example 5000 now am buying it 10000, is government gaining from citizens for paying higher for local commodities ?

just wan understand this

Eteka1:
Thanks for this good orientation.

Successlane:
I owe you a bottle of cold ………… (fill in your choice)

With our population, vast and fertile land mass, if we can't feed ourselves, let's go hungry.

I support the government on this policy, 100.00%

Raeynique:
I guess it's farmers time to make money now.. it's good for them...buy they should sha go easy on the billing

immaq8:
yet 50kg is 23k. hmmm

cashkid:
U dey mind them? I trust buhari
The guy no even send them

Mccullum:
IT'S YOU THAT NOT INFORMED, HAD IT BEEN YOU'RE INFORM, YOU WON'T SAY HE'S LYING.

Psady:
Na small small! we will get there, we go carry our cross. we want good and working economy abi? make we suffer small now,no be by magic. We are tired of past politicians giving us crumbs, killing our economy disguising as saints .

killmods:
This is one of the few things this government has done right. It will affect the economy positively, encourage local farmers and most of all reduce the number of inorganic nonsense foods in our markets. The way i pity people that hustle those useless frozen chickens and turkey.. if only u know what ur doing to urselves and the next generation una nor go near those sellers again.. Good work bubu for once at least

sparko1:
This is the mentality we need right now, how can we have over 50 million work force and we can't feed ourselves, most of the farmers are now looking for cleaner job, carpenter, and all other job just to get by, if they can produce and sell at a moderate price they won't mind going back to the farm.

Abegi, getting rich at whose expense...
The NIGERIAN CONSUMER IN THE WORLD CAPITAL OF EXTREME POVERTY.

We have a structural problem....
But we are trying to use a substantively cosmetic approach instead of trying to resolve the REAL issues.

Before we go any further, let’s get one thing clear that most of the comments above fail to grasp...
IMPORTATION OF THESE ITEMS HAVE NOT BEEN BANNED, ONLY CERTAIN LAND BORDERS HAVE BEEN CLOSED!

What this means is that you can still import tomatoes, rice and everything you want to...
But instead of small traders importing these, it will now be the MONOPOLY of rent-seekers who can afford to ship these items!

Meanwhile, let’s address the underlying structural issues that this cosmetic border closing does absolutely NOTHING to resolve, and why NIGERIA has some of the world’s HIGHEST costs of production and why we still rely on imports for even some of the products that we produce in relative abundance. Let’s start, for example, with tomatoes (since it’s what has kick-started this discourse). Nigeria is actually Africa’s leading producer (and among the world’s leading producers) of tomatoes, but we lose at least 40% of our harvests (some estimates put our losses as high as 60+%) before it gets to market on account of a lack of storage and preservation infrastructure and terrible roads and poor logistics. Closing the border does NOTHING to resolve this. It merely results in POOR NIGERIAN CONSUMERS IN THE WORLD’S CAPITAL OF EXTREME POVERTY having to pay HIGHER prices since without the Benin Republic imports, there’ll now be FEWER tomatoes in the market.

Now, let’s look at rice. It may surprise some to learn that Nigeria is actually Africa’s leading producer of rice, having overtaken Egypt in 2017 or thereabouts, but we are still short of meeting local market demand from entirely domestic production (either because our population keeps growing or our taste keeps changing, not surprisingly in tandem with increased urbanization). Accordingly, without importation, we merely replicate the situation with tomatoes - that is, POOR NIGERIAN CONSUMERS IN THE WORLD’S CAPITAL OF EXTREME POVERTY having to pay HIGHER prices because without supplementing local production with imports, we are left with FEWER rice in the same local market. Meanwhile, we have to HONESTLY ask ourselves how rice produced on the other side of the world (often with relatively more expensive labor) and then shipped halfway across the globe still manages to cost SIGNIFICANTLY LOWER than locally-produced rice (stone and all).

REALITY (and as my moniker indicates, I’m a hard-nosed realist) is closing land borders does absolutely NOTHING to redress why we have some of the world’s HIGHEST costs of production, not only in respect of rice but with many other products. Our farmers still rely on mostly poor seedlings and poor farming methods, and thus we have probably the LOWEST yield per hectare in most of the developing world. In addition, we are lacking in irrigation infrastructure, and thus not only are we still compelled to rely on the somewhat unpredictable fortunes of “the rains” but are also stuck with seasonal farming instead of year-round farming (which is why we are Africa’s largest producer of maize, and among the world’s leading producers but PARADOXICALLY also one of the world’s leading importers of maize - because for more than half of the calendar year, we neither plant nor harvest corn). Of course, already discussed the issue of poor/non-available storage facilities as well as poor roads and other transportation/logistic infrastructure, that constrains getting products to the market TIMELY AND COST-EFFECTIVELY.

Accordingly, if this government was really serious about sound economic policy and development, it would help farmers with improved seedlings for better yields, with irrigation infrastructure to drive year-round farming, proper storage facilities including cold storage for perishables (such as these tomatoes), much better road transportation and logistics infrastructure, necessary market and pricing intelligence/information, in addition of course to better agricultural financing and insurance, among others. Even if some misguided policy makers in Abuja erroneously believe that the border closure is an optimal means to encourage local production (not sure why, but the cluelessness and incompetence in Abuja can never be overestimated), there would still be a LAG TIME for local producers to cultivate, harvest and mill (in the case of rice) their products before even getting to market, so why a SUDDEN closure which simply results in FEWER products in the market.

Sadly, Nigeria has become like the proverbial farmer whose farm is on fire and instead of fighting the fire, he busies himself with chasing bush rats fleeing said fire. Thus, instead of addressing structural issues that impede local production and productivity, we merely place an additional layer of effective ‘taxation’ (an Incompetence Tax, if you will) on POOR NIGERIAN CONSUMERS IN THE WORLD’S CAPITAL OF EXTREME POVERTY by DECREASING the quantity (perhaps even quality) of goods available to them and thus invariably condemn them to HIGHER PRICES for fewer goods (and choices). So, let’s be clear about this - the closure of the land borders is an ill-advised resort to cheap cosmetic POPULISM (in derogation of sound economic policy) that bedazzles the gullible but which does absolutely NOTHING to address/redress our structural issues! After, Mr. Buhari drives even more Nigerians quicker into POVERTY, we’ll still be at Square One!
>

RichDad1:
From time memorial , Nigeria has been the one sustaining Benin republic economy at the detriment of ours.
They’re nothing but leeches.
To those complaining about rice , why can’t the importers berth their cargos at our ports ? Why always Cotonou? Because they give them lesser duties and smuggle everything into Nigeria all in the name of Ecowas trade crappy trade pact.

Because your ports are efficient and the operators are corrupt...
Their goods will get stuck at the ports and will be expensive to clear.

Accordingly, if they use are ports they would have to charge Nigerian consumers HIGHER PRICES...
But instead of fixing our ports and eliminating corrupt practices there, we close the border resulting in same HIGHER prices.
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luluman:
And what if your "ECOWAS Free trade zone affects our local farms?

You are supposed to COMPETE...

Instead of being lazy with a captive market, you should strive to be even better than them...
Because when you have a captive market, you can just produce inferior products and charge higher prices.

Meanwhile, Nigeria sells a lot of manufactured goods to our neighbors (albeit mostly informal trade).
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etrouble:
Ask Atikuchukwu, he sold Nigeria Airways to Jimoh Ibrahim who was fronting for Obasanjo. Three thieves, one national treasury.

Airlines take years to establish not weeks like the SURE-P that Goatluck used to loot the treasury.

Abegi, quit spreading beer-parlor rumours...
Nigeria Airways was LIQUIDATED because it was INSOLVENT, and its assets sold to satisfy creditors and pension obligations.

The last time Nigeria Airways (aka Nigeria Airwaste) flew, it had ONE servicable plane and about 10,000 staff...
Meanwhile its planes and assets were being seized by creditors around the world., whenever one of them flew out for repairs/service.
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Njeps:
I really dont know what stops this government from implementing the normal sanitation exercise.
after doing these roads, and they get flooded after rains due to blocked drainage, wetin we gain.

they will spoil, overtime,

that person mentioning mile 2 na hell, have you gone to under bridge (trade fair area) and down to Iyanoba. Mile 2 dey flex nah
Mile 2 na just blocked drainage dey disturb dem there,

What stops Lagosians from blocking the drains in the first place?!
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