₦airaland Forum

OfficialAPCNig:
Are you aware Chinese is a communist State?

Do you know the cost of producing in China and importing to sell in US compare to the cost of paying US labour to produce in US?

So why are Chinese companies in US?

US companies went to China because of the size of Chinese market and Chinese companies are in US to access US free trade zones.

#Int'lEconomics101

Market size is an important factor but it's not the only thing investors consider for FDI.

jayfolarin:
Why would your so called foreign investors choose to set up base in Nigeria at this time considering the lack of basic infrastructures like electricity, good transportation system and amongst other things, the insecurity in many parts of the country when they can easily set up shop in places like Ethiopia and still access Nigeria market due to the free trade pact?

Use your head man!

I tire for the guy matter. He is more concerned about foreign investors setting up base in Nigeria than we producing home grown investors ourselves. He forgets that Nigeria has one of the worst reputation in the continent on the ease of doing business, we also have no steady power compared to Ethiopia, Ghana, etc, so l wonder why he thinks investors would want to set up their base in Nigeria if this deal is signed when they could easily access the Nigerian market and that of the remaining 1 Billion from those countries.

OfficialAPCNig:
I have responded to that before. See it below.

If that is your only fear then it is not a problem, even the Ecowas law is not strong enough to stop Nigeria's protective measures. Get the point, Nigeria would sign this deal, but beyond ink on papers, the implementation of this deal is not well thought out, and Nigeria must restructure itself internally to become export based country with competitive indegineous firms beyond just foreign direct investments from foreign investors.

OfficialAPCNig:
This is not how to do analysis. This is purely a tunnel view analysis.

What is Ghana exporting, but they are taking advantage of this.

Think!

Still you haven't shown why my analysis is wack. Who says Ghana is doing the right thing at the moment? only time will tell.

OfficialAPCNig:
Mr Learned, will you invest in a 1.2 billion market or a 180 million market?

Nigeria is not even self sufficient at the moment, we hardly export anything and our products may not be durable or the best when competing with products from SA, Morocco, Egypt and the European countries.
This is so due to dilapidated infrastructure in Nigeria, hence while we may eventually sign this deal, it is paramount we fix some things. Nigeria is not just any African country, we have large population and variably large problems.

OfficialAPCNig:
I don't respond to people with low self esteem.

Ghana signed that agreement.

Ghana signed it and so what? Enlighten me on the importance of this recurring point of yours.

Abagworo:
If you're born into upper middle class home in Nigeria you'd think Nigeria is paradise compared with other countries you visit. This is strictly based on personal experience. I've traveled quite a bit and been to some African countries and I can confirm that while 1 million Dollar or 350 million is a common thing in Nigeria, it is big elsewhere. While champaigns, fenced mansions, Roll Royces, Latest Mercedes and all that is common in Nigeria, it is luxury elsewhere. The issue is that most Nigerians are limited in exposure to people of their class without knowing some people cannot feed well and have no shelter. It takes mingling with the poor to know the real Nigeria.

This is very correct, it all depends on which Nigeria you live in. The Nigerian experience for one is usually not the Nigerian experience for another.

emeka1101:
So? nigeria is now the POVERTY CAPITAL of the world.
I always laugh when I see a nigerian addressing a far better country as poor....hahahaha

That's what we call SUPER Stupidity

Well Nigeria is not doing well at all, but sometimes a country with a large population that has high poverty rate is not always as bad as a small country with a high poverty rate as well.
If for instance your population is just about 46million, and you already have about 20 million in extreme poverty, then this is more of a cause for concern to me than a country of 195 million people (according to these latest statistics) having 84 million poor people.
l agree both situations are terrible by the way.
The real problem with Nigeria is the population growth from the quarters of the extremely poor.

emeka1101:
https://edition-m.cnn.com/2018/06/26/africa/nigeria-overtakes-india-extreme-poverty-intl/index.html



Nigeria overtakes India in extreme poverty ranking

By Bukola Adebayo, CNN

Posted at 0807 GMT (1607 HKT) June 26, 2018

STORY HIGHLIGHTS

Nearly 87 million Nigerians living in extreme poverty
The Democratic Republic of Congo comes second
Lagos, Nigeria (CNN) — Nigeria has overtaken India as the country with the largest number of people living in extreme poverty, with an estimated 87 million Nigerians, or around half of the country's population, thought to be living on less than $1.90 a day.
The findings, based on a projection by the World Poverty Clock and compiled by Brookings Institute, show that more than 643 million people across the world live in extreme poverty, with Africans accounting for about two-thirds of the total number.
In Nigeria, as with other countries on the continent, that figure is projected to rise. "By the end of 2018 in Africa as a whole, there will probably be about 3.2 million more people living in extreme poverty than there are today," the researchers write.
Despite being the largest oil producer in Africa, Nigeria has struggled to translate its resource wealth into rising living standards.

https://edition-m.cnn.com/2018/06/26/africa/nigeria-overtakes-india-extreme-poverty-intl/index.html

Old news.

Bsuedu:
Ive been waiting for you. What happened, did you get unbanned to just get banned again soon.
Take a look at my posts and then yours, and lets see what being positive is. It wont kill you to be positive, but then again maybe it will.
I dont know if you have heard, but Falz has aired your country's dirty laundry for the whole world to see. So who is fooling who here. BC it is not me.
Im Not Massai. I happen to love Nigerians, SA, and Ghanaians too but girl you are just plain wrong.

Falz airing Nigeria's dirty laundry is nothing new, Nigerians air their dirty laundries all the time. But then this thread is a thread of pride, no one wants to learn from each other especially the Kenyans who for some strange reason desperately wanna prove to Nigerians that they are ahead. l think we can just agree on this and let the thread die since it isn't gonna achieve anything.

darfay:
Can we all just agree on this and let this thread die
Cc nwoke, theenchanter, daejoyoung, jaycent et al

Yeah l agree.

kayus89:
What you wrote about Nigeria is true. 99% of our politicians embezzle all the money meant to build roads,provide electricity,provide portable water and equipp universities. The rest of the Nigerian population is left to fend for themselves and engage in armed robbery,drug trafficking and human rituals to survive.

Nigeria is a real life jungle,where it is every man for himself-due to the greed of our politicians.

l thought you said you are a Kenyan who only stayed in Warri 10years ago, so why use the word our

Dantedasz:
Is it the number of nations or the of games or the quality of the games?
The world cup was more difficult to win back then because the footballs were heavier,the boots were heavier, the jerseys were heavier,the strikers were not properly protected by the referees and the defenders could back pass to their goalkeepers all they wanted and the keeper could catch the back passes with his hands because it was not illegal in those days
I hope you are aware that substitutions were restricted to one player per team unlike the three that are allowed today?
And the referees them had no VAR to help them take decisions. I am all for modernization but I believe football is easier nowadays.

My Point is that the world cup is more difficult now because there are more footballers in the global space and more talented ones at that. The quality of the games are also top notch, that's why we see Peru play tantalizing football, South Korea beating Germany and Morocco almost beating Spain. There are more talented footballers in the 21st century than in the time of Pele.
Pele would be outstanding today if he played in our time, but he would have greater competition, that's my point.

Dantedasz:
I suggest you watch Pele at the 1966 world cup and also watch Maradona at the 1982 world cup to see how these players were backed down by defenders with no protection from the referees. The videos of these games are on YouTube.

l agree, but not so many nations were involved then, you can't compare the competitive nature of this world cup to that of 1966 for instance.

Dantedasz:
Can a player who has never won the world cup be called the greatest of all time?
I don't think so.
In my opinion Pele and Maradona are the greatest players of all time because football was more difficult to play in their time and they were not protected by the referees the way Cristiano Ronaldo and Lionel Messi are today.

Football was also not very competitive and tactical in their time

TellMeNothing:
Goal ball!!!!


Both Messi and Ronaldo are going home....

New flames like Mpape, Cavani to emerge....

Cavani is no new flame in World football. Messi and Ronaldo haven't really done much in World cup history though.

sufferNsmiling:
My friend how are you doing and how is ghana doing especially accra I miss the place so much. I wish I was there now.

So where are you now? Europe or Ojuelegba?

goldfish80:
Morroco
Senegal
Nigeria
Tunisia
Egypt

In that other.

Senegal played the best football, Morocco was the most daring and entertaining of the lot, Egypt was the worst amongst them.
The others were just there.

Timewilltell2:
You can't compare naija to your Kenya shythole . Not even SA can match us in development left alone you. Looks tell where you come from ,hence I chose Mandela that he doesn't look African but east Asian coz he is mixed

l agree Kenya is a bigger shithole than Naija, but Naija is a shithole nonetheless, a shithole with so much potentials, and yes Kenya is too small for Naija.
Mandela has Asian features and he looks to be originally from China or Singapore. SA is a mixed community, l wonder why they are debating that.

Timewilltell2:
Lol you must be charcoal masai , the dummies who won't admit Mandela wasn't really African. Go and bleach

l care little about looks, l care more about our various shitholes all over Africa.
And yes of course there are Asians in SA with Asian eyes but that is an irrelevant arguement to me.

This arguement about skin colour is childish in my opinion and just a needless prolongation to this childish thread.

Doctuur:
Hope you know that no Matter how well you prove your smartness, You can't elude what has been destined for you. When you say foolishness make them die, was it foolishness that brought them to that road? Hadn't been they knew they wouldn't have passed that road. In this situation, stop acting like smart one.


What I can only say is that we should get prepared always.

l agree we should get prepared always, but if we do the right thing, we minimize such incidences to the barest minimum. There are of course some things we can't control, but there's a lot we can control through foresight, discipline or the right actions.

Jonraid:
Seriously, Kenyans aren't so serious about going to Nigeria than the countries I mentioned to you.Maybe in the near future,maybe! How welcoming is Nigeria to foreigners?

l don't think it would make so much difference to the average Nigerian if a Kenyan visits. He wouldn't be so much like a foreigner because he would be seen as one from just another black African country.
The general idea about foreigners or abroad in the Nigerian psyche from my experience are white folks or generally non blacks. This may be changing fast though.

pokipoki:
NAZI? Really? Are you ignorant or plain ass stupid?

That's ignorance speaking there, l don't think she knows anything about Germany.

LukeSkywalker78:
man... I like this gal a lot that's why the relationship could last this long. To fumble in front of her friends could be Game Over for me. Her friends opinion about me could sway her attention away from me. It has happened to me. Twice.

Lol, so why complain then? you had to spend to impress her friends and to impress her. Na so dem take dey cash maga all in the name of relationship.

darfay:
The big brother Naija and Nigerian stock exchange thread are almost two times longer

Even the super eagles thread.

Increasingly, Nigeria is becoming a centre for big tech investment and commercially oriented start-ups. Whatever the country’s challenges, investors and entrepreneurs are attracted by the prospect of scaling applications to Africa’s largest population and economy. Many have set up shop in Lagos’s Yaba district. There you can find the headquarters for e-commerce start-up Africa Internet Group and digital payments venture Paga, located near incubators Andela and Co-Creation Hub.

Nigeria’s tech sector is becoming representative of repatriate entrepreneurs reversing some of Africa’s brain drain and IT reshaping the continent’s global linkages. All three of Africa’s most recognized e-commerce startups – Jumia, Konga and MallforAfrica – were founded by Nigerians who earned their university degrees and initial private sector experience in the US. A noteworthy portion of the roughly $600 million in VC to these entities comes from American and European investment firms. And the management of Jumia’s parent, Africa Internet Group, is a mix of repatriate Africans and MBA types from the US and Europe attracted to the continent’s IT opportunities over development work.

From Nigeria to Kenya, and Rwanda to Ghana, tech innovation is starting to influence multiple sectors: energy, agriculture, banking, healthcare, entertainment, transport and fashion.

Having researched the topic for the past six years, I believe technology in Africa has the potential to create more impact faster than anywhere previously in the world. There’ll be a lot to unpack on that prediction. To start, here are some trends to watch in the continent’s wired future.
https://www.google.de/url?sa=t&source=web&rct=j&url=https://www.weforum.org/agenda/2016/05/a-brief-history-of-africa-s-tech-industry-and-7-predictions-for-its-future/&ved=0ahUKEwig7_Wt--vbAhUEaFAKHcGfAvcQFggnMAA&usg=AOvVaw2vVmgFdhsTy4X6jQamkyii

rvp2018:
Apart from his English - SufferNSmilling is a rare Nigerian. You guys need more of him. Honest people who can tell you the kind of mess your country is. As for him being Kenyan - that is rich No sane kenyan will want to be associated with Nigeria.

He is a Kenyan.

rvp2018:
You won against Iceland - 200M country against Iceland with 0.3M people. You do not even feel ashamed? wait until Nigiria win against Argentina and advance to group stage before bragging here. KQ is ready to bring your team back home.

How does population play a role in football? When you think it suits your arguement, you use Nigeria's population as a yardstick against her, when we bring up the topic of population to show why we have a lower HDI (0.52) to Kenya (0.55), you say we are making excuses.
FYI, lndia, China, USA are way more populated than Nigeria and they didn't even qualify for this World Cup.

sufferNsmiling:
sufferNsmiling has immediately committed suicide by hanging himself after iceland field to beats nigeria. The rumours are going around that is ghost and spirit rooming on nairaland uncontrollable. The ghost and spirit has made a deal with some people in sambisa forest.

Boring as fvck, WTH was that?