₦airaland Forum

SEFAGO:
The ponmo was once a week. We had 1.5 pieces of meat during christmas though.

Yes its quite intuitive especially if you live in the west. They pump all the animals with all sorts of nasty chemicals and hormones to make them grow faster and make more meat. Just purely disgusting. These hormones definitely cause cancer in the long run, thats why Nigeria had such a low incidence of cancer relative to the west. Now things are changing and cancer rates in nigeria are getting high (I have no stats to back this up right now so no one should ask )

I don't really think it is only the chemicals. Even if it were free-range, hormone-free meat, you'll have a shorter life expectancy. Meat is inherently more carcinogenic or something? It has been a while since I've read articles on this. . . I'll see if I can find one that discusses it (proly not until tonight.)

^--- I won't underestimate GEJ though. Has his luck failed him yet? I try not to be superstitious and think through things rationally. . . but with GEJ at times I wonder.

chiogo:
That's dumb. So, what then differentiates you from the people making the anti-Yoruba threads?
Funny how you all try so hard to differentiate yourselves from one another but you're really all the same, just playing for different teams.

That is silly reasoning. The order in which things happen matters. Surely there is a distinction between the guy who initiates aggression and the guy who responds to it.

Notice carefully that I've never started any negative threads without responding to someone specifically. I don't hate anyone, but neither will I let silly insulting threads stand without a response.

In any case. . . I have my policy, and I'm sticking to it.

[quote="Beaf"]Fashola is sounding increasingly ridiculous. He should mind Lagos state and call for debates between himself and those who are better than him like Amaechi, Dr. Godswill Akpabio etc.[/quote]Hold on a sec. How are either of these guys performing better than Fashola?

Keep in mind that Amaechi has a lot more money to spend than Fashola on a per capita basis.

EzeUche_:
He indeed said that in one of his interviews. The man would rather hire an expatriate if a Hausa could not do that job instead of a fellow Africa.

Hrm. I thought he said Southerner, not "African."

It sort of makes sense. No zone in Nigeria wants to be taken over by people from outside of that zone.

SEFAGO:
Same for me, we used to eat those 20 naira ponmo. Miss those days. Man sucks being poor isnt it?

Anyways things go beta sha

Supposedly you live longer and are less prone to getting cancer with a vegetarian sort of diet, though.

tpiah!:
^^lol.

you're so anti-yoruba.

Its all good.

bk.babe97y:
Old Testament?! Me, I'm straight out The Garden Of Eden: An eye for YOUR EYES, Left Leg, 1 EAR, both Intestines, 9 Toes, Kidney, Half of Your Heart, YOUR MOTHER'S CHIN, Your Oldest Male Cousin's Left Nut, Your Sister's ankle. . . . ect and so on and so on. . . . . .!!!!

Lol

Man, are you a Nets or Knicks fan btw? If you are not, now is a good time to start watching their games. I saw highlights of the Knicks game the other day. . .Melo is amazing.

alex101:
Remember what I argued with you about, as regards waiting to fix electricity before manufacturing?

Too many crooks in the nigerian govt. All they do is turn every viable project in "white elephant project".

For me, we are already 11 yrs into the new millenium and cannot wait for these clowns to fix electricity before manufacturing major stuffs in nigeria. 

Yes, I do.

Alex. . .I'm not even suggesting waiting for individuals to wait for the FG to fix power. If you are a manufacturer (based near Ota or Aba), you can roll out your own power by contacting Shell and getting them to deliver NG to your factory:
http://www.shell.com.ng/home/content/nga/products_services/solutions_for_businesses/natural_gas/
And then buy your own NG generator:
http://www.electricgeneratorsdirect.com/Generac-Commercial-QT08046JNAX-Standby-Generator/p5980.html
(You'd probably want a much bigger model than this one.)

I've not looked deeply into the cost per kWh of a setup like this, but it is almost certainly better (in terms of $/kWh) than using a diesel generator. And definitely better than using gasoline for electricity.

But as you can see from the above, it requires quite a bit of additional capital to do these things.

Anyway, regarding the previous thread. . . if a Nigerian manufacturer doesn't have access to cheap electricity, then he simply has no chance of producing goods more cheaply than the Chinese manufacturer. So forging ahead w/o facing power (one way or another) is silly, in my opinion.

seanet02:
Simple!! You loan me a Dirty slap, i repay you back with a highly ridiculous slap along with 1000% interest rate. So it's up to you to decide what ya want. Mu he he

Pretty much. I'm an Old Testament, eye-for-an-eye sort of dude.

Meh. If you perceive me as inconsistent, that is your problem, not mine. I don't even know who you are, and certainly don't care what you think.

Hrm, but despite not knowing who you are, I have a guess.

Probably one of those nutcase attack dogs on NaijaPolitics who've been hounding Bolaji Aluko though.

It made me soooo happy that your impotent whinings and bleatings on the internet had absolutely NO impact on him being named VC or not.

And not just VC, but VC of Otueke, GEJs hometown

Eziachi:
@Eku Bear,
That is the different between me and you, I see things as a business man that had created wealth and had come from more than five generation family that had done that for more than I can remember.  But you coming out as the usual and a normal Nigerian  hand on the jaw civil servant, probably who went to school on Awo's fantastic free education programmes.

Sigh. This is the difficulty I have discussing things with you guys sometimes. You know absolutely nothing about me and my background, yet feel it is OK to make lots of assumptions.

Anyway, so I take it that you won't discuss the actual points I raised? The discussion will boil down to "Eziachi=capitalist", "Eku_Bear=slack-jawed socialist". . . despite the fact that you are the one advocating massive subsidies, not I?  

My family has successfully ran an exclusive Citreon Truck franchise for more than 40 years covering West Africa/Central Africa. So from my youth till now, I know one or two things about the Auto industry.

You might know a lot about the auto industry. But does this mean you are qualified to say that the auto industry should be the one subsidized over the various others? There is a bit of conflict of interest on your part, no?

Anyone who thinks that buying from China, something that you produce in Nnewi/Enugu in an economy that has more than 50% unemployment and graduates driving motorcyle cabs is living in a lala land.

Here is the thing. That one produces something is only one part of the story. The main thing most people are interested in is. . . how much does thing you are selling cost?
If you are saying that Nnewi/Enugu produces goods at the same price points as China (something that is highly implausible except for certain specific niche areas, for obvious reasons), then fine, certainly buy as much locally as possible. But since the reality is that Chinese products are in fact much cheaper, the story becomes more nuanced.
Like, we wouldn't even be having this discussion if the prices of Nnewi/Enugu goods were competitive with those made in China, would we? Nobody would have to beg anyone to buy Nnwei if the actual product sold from there was as competitive as the one from China.

How on earth will a country join the industrialised world with policies of this nature, when Ghana has sent their commerce minister to INNOSCO, because from them is considered local and makes more economic sense?
Nigeria is excreta hole. I can't see this happening in a Biafra state where 70% is business minded and knows one or two things about creation of wealth.

*Shrug* It is what it is. Rather than focusing on improving the quality and competitiveness of your goods, you instead want a subsidy. Or to complain about Ghana, dream for Biafra, etc.

Well, you are welcome to do that, if you like. Keep complaining, the Chinese will keep taking your food from your own backyard unless you improve.

GEJ had better hope that Ribadu does very well in splitting northern votes and SW votes. 28% of the "votes" in the country reside in the NW. If they vote en masse for Buhari, then imo GEJ will have a difficult time pulling things off.

"For poor countries with large young populations, growing fast should be easy: open up, create some form of market economy, invest in human and physical capital, don't be unlucky and don't blow it. Catch-up and convergence should do the rest," Buiter added.

Heh.

Esteemed Jarus,

What concrete steps are you and other alums taking to save Ife, though?

That would be a disaster

Eziachi:
So that is how you understands economics? That 50% may represent 50% less durable, 50% job creation in China instead of Nigeria.

From what I've seen of goods in Nigeria versus those in China, I highly doubt the 50% less durable. Will be at least the same quality, if not better, while being substantially cheaper.

If they buy local the job created as a result will make up for whatever little less price you gain from cheap chinese import for over a long duration of time and the money will also remain and circulate within the Nigeria economy against a capital flight to China.

That is exactly the point. Without the supporting infrastructure in Nigeria, I do NOT think that the job creation makes up for it. You have a bunch of cash essentially being eaten up in a diesel generator when PHCN goes out. Or wasted on dealing with a bad road. Rather than throwing away money into that, why not first fix the infrastructure, THEN do some targeted subsidies? Otherwise you are wasting quite a bit.

Moreover. . . how does one choose which industries to prop up or not? There are 1000s which could be subsidized in Nigeria. How have we decided auto manufacturing is the one to pick? My own suggestion is to focus on industries in which we are already competitive or not too far from being competitve. That'll give you a better bang for your buck for every dollar spend on subsidies.

If they buy from ANNAMCO/INNOSCO they can easily get warranty deal that will allow the supplier to look after the vehicles over a long period or even take them back after a while and replace them with a new one in an agreed deal. You don't expect a Chinese engineer to come all the way from China to service a Vehicle each week, month etc?

Na wa o. So my civic here which is under warranty, I'm expecting an engineer from Asia to come service it when it has trouble?  Surely you see how the servicing aspects can be decoupled, assuming local techs can be trained properly.

You really had to pity genuine business people in Nigeria, whose greatest enemy is their own govt and people. Who knows, the factories are in the East and those making the decision are non Easterners and that is the way thig goes in Nigeria.

Again, this is the attitude I dislike. Blaming bigotry. There are fundamental, basic reasons to question spending $X subsidizing the car industry, and wondering if that is the best use of funds when compared to the alternatives that $X could be spent on. But instead of weighing these issues, for some it boils down to bigotry.

I expected you to think a bit more critically than that, Eziachi. On most topics you give a more nuanced response.

*subscribing to this thread*

Haha. Awesome.

So here is the deal. If you make anti-Yoruba threads on this forum, I'll make anti-Igbo threads.

So up to ya'll what happens.

Flip-flop ko, t.i.t.-for-tat ni.

Me, the new VC?  I wish.