₦airaland Forum

ThierryJay:
She lost her grown up only son to death last year. I believe she's getting over it. That's why she's putting up the post.

grandstar:
I was almost torn to shreds for suggesting Nigeria reduce import duties on textile fabrics to zero in order develop the garment sector. That it will create lots of jobs.

This article has just justified my position. And you have armchair economists here on NL huffing and puffing online as though they have a 2 Nobel prizes in economics.

It's a shame that most governments here are innately protectionist and doubt Nigerian joining the African trade initiative will see the light.

Funny thing is that I'm not really keen on the trade zone. I feel import duties on goods originating from outside the zone will be high. Import duties on goods from outside the zone should not be more than 8%..

wanger50:
U got the spelling wrong in the first place. It's Mkar Christian Hospital.They can try in that place too.

Mayor555:
Bros, to collect transfer from you, especially if I don't know you, or know how to to get to you, you must provide me a valid ID that must tally with account name.

respect80:
I actually thought some of the the meaningless sentences I was reading was induced by the side effects of the drugs I just took which includes drowsiness until I read your comment.
Whoever wrote this article deserves to be flogged, hanged, and flogged again...

seunmohmoh:
He won"t increase staff salary.

Marvyx:
So many clowns on Nairaland I swear..

For one month you've been spamming your own thread thinking we will click the link.

soul95:
Its 130 billion naira o. Not dollars. Stupid Bloggers

Dangote in an interview with Reuters disclosed that the refinery, estimated to cost some $12 billion, would have the capacity of 650,000 barrels of oil per day

FemiMaduka:
Baba there is no way the figure is $130bn! How much is Dangote worth? At his peak he was valued at $25bn. Even Nigeria cannot sink such in a single project; we simply don't have that kind of sum.

Not long ago our annual national budget was in the range of $35bn. The 40,000MW Three Gorges Dam, one of the biggest projects ever undertaken, gulped about $23bn. Consequently, Dangote refinery, which is not even the biggest in the world - the Ajaokuta Steel complex is still way bigger, can not take such an amount.

It is definitely an oversight.

Godsgift7837:
When they says someone net worth it doesn’t includes how much the person have in his account

CityNGR:
iridium

grandstar:
So true!

The economy grew barely 1% on average from 2016 till now compared to the 6% on average from 1999-2013.

Bloomberg forecasted that in the next 4 years, economic growth will average 2.5% per year. This is not up to the population growth rate. That means Nigerians will get poorer every single year.

Does a lot of the blame fall on Emefiele? Sadly, yes.

The CBN is semi autonomous and the reason for this is to prevent political meddling

When Buhari came to power, he fixed the exchange rate at 197 to a $1. This ended the floating exchange rate the country had followed since 1999.

Buhari has no right to dictate the the governor. The governor should have refused to implement it but instead did. That fixed exchange rate coupled with prohibition of 41 items from CBN forex window plunged the economy into a recession.

Emefiele and Buhari are fit for each other.

princemillla:
Can army as an institution impose on the state with a serving governor??

Davash222:
She’s a small girl with little experience because she refused to give in to suicidal thoughts

Olalan:
She's obviously a small girl with little experience of what life could be sometimes. It takes the Grace of God not to slip into depression when faced with some challenges or situations.
BTW a depressed fellow finds no happiness in anything normal peeps feel pleasuring