₦airaland Forum

AllDModsAreMaad:
You are du mb bro.

Does the purported restrictions affect people like dangote, BUA etc?

The statement included both export and import, and forex, but in your dishonesty you decided to twist it to suit your ev il(dishonesty) purpose.

N3TRAL is such a bigot and purely ignorant of the economy. Thanks for pointing it out to him and that's if he'd not hit you back with insults

N3TRAL:
Bleep off. This is basic economics.

No! Your warped post says otherwise. Grab the book and get some sense . My advice

N3TRAL:
A voice note isn't my problem.

My problem is that a presidential candidate wants to remove import restrictions in Nigeria.

Like what the Bleep?

Within 2 months of such stupid policy the dollar reserve in the central bank will be empty.

Millions of employees will lose their jobs.

Even people that produce biscuit will close their factories.

It's scary in this e-commerce era where I can order for 1 million crates of eggs abroad, 200,000 cartons of frozen chicken online, and throw poultry farmers into joblessness.

Nigeria will suffer the worst balance of payment deficit ever known to humanity.

Wow. Just wow!

You're purely ignorant of the economy.
Go and read a good book of economics. I recommend New Systems Economics by Ewa Udu to you. Good luck

babaolofin:
It is not about being emotional, but analysis based on experience and reality on ground. I will come back late in the night to explain some factors that made Obi analysis a container economic theorem. I am at a program now.

Meanwhile, I pasted part of my earlier submission below.


Peter Obi was the Special Adviser to Goodluck Jonathan on Economy, the economy failed woefully. That time, he was the Anambra State governor and Jonathan honoured him and made him Special Adviser on Economy, his sister, Ngozi Okonjo Iweala was the head of the Economic team, they liquidated Nigeria, after, the woman ran away.

IBETO was allowed to import and package cement in PortHarcout while FMN, BUA, Dangote & Lafarge invested on local production. There are so many things I don't want to discuss here. Apart from IBETO, there are many other deals that took place among their kinsmen. That is why they insisted Jonathan should not be probed.

In 1993, during the Presidential Debate on NTA Network service between Abiola and Tofa, Tom Ikim and Nduka Obaigbena were on the side of Tofa. They asked them a question on how to bring exchange rate down and stabilize Naira. Tofa said, he would peg Naira to Dollar rate. Abiola said a Glasgow Trained Accountant can never say he would peg Naira to Dollar. He explained that there are factors that forces exchange rate, you analyse the factors and work upon them to control exchange rate.

Container economist can say anything.

Before I proceed, let me set the record straight. Ngozi didn't run away. Google is your friend pls.

GEJ government was stabilised economically. During his tenure, forex was stable. In fact,I was making gains from my export business. Dollar was stable for years and our foreign reserve was huge. You could credit that to oil boom but under the current government, don't forget oil is also booming with nothing to show for it.

All the sectors of the economy were doing well. At the time world was hit by economic recession, na for cnn and other foreign media we dey hear am,when people lost greatly and were committing suicide as seen in Nigeria today. Except you don't want to be fair would you say all these facts weren't so.

I remember the excess crude money which was huge. Madam ngozi suggested they prepared for the raining day but Rotimi Amaechi prevailed on the finance minister to allow the then governors share the excess crude money. He was the chairman of governors forum that time if you remember. He was almost threatening the life of the finance minister at a point so the woman had to allow them and they squandered it. Mrs iweala didn't run anywhere. Their economic team helped a great deal in stabilising the economy and agric sector which produced Akinwumi Adesina, the AFDB chair.

That's not all, concerning the importation of cement cited. Ibeto wasn't the only one. Dangote also was importing from Ghana to Nigeria. SMEs were strengthened and a lot of new ones came up. I remember the Youwin programme which produced some existing entrepreneurs. A friend who grows honey in ibadan is one of them. Google Agrodata. They managed the economy so much that we didn't feel any recession.

The only problem of Jonathan wasn't about the economy but corruption which was why I joined buhari to send him off. They managed the economy well. There was a lot of money so they took advantage of that to loot. Madam Ngozi and her team managed our economy well. This Buhari's government had even set Nigeria back to the dark era. Sad!

HopeSpencer:
What if it was intentional to give obi-dunse something to masturbate on?

Newspaper showing conspicuous headlines with known dates were displayed and you thought it wasn't intentional? Ipigs can do better na.

. You don't even know how to defend lies . Stop abeg

FreeStuffsNG:
Typical container economy ideology.smh.

I am not surprised at all. Someone already predicted this about HE Obi because Obi needs to keep importing foreign goods for his import business and supermarkets.


Little wonder he has nothing tangible to use to campaign for his 8 years in office as Anambra governor.


For the uncouth Igbo youths defending container economy,please go and look at the export side, if you see the export side of non-oil sector of Nigeria and where they come from in Nigeria ehn, you will never consider Igbo container economy as progress and never wish Igbo continues to be a dumping ground.

Check our foreign direct investments(FDI) too( screenshots of leading fdi states for both Q1 and Q2 2022 are below) and you will not see any SE states at the top 2 so these container economy is not it at all and not progress in the absence of FDI.

While SE is taking containers, Lagos,alone takes over 70% the FDI in billions! Apart from Anambra which is still very very low due to this container economy mentality and insecurity, all other SE states attracted zero fdi so far this year

Below is jiust the agricultural sector alone, watch cocoa from the SW and Sesame from the North with Jigawa the highest producer, doing multiple times the other agric ptoducts and bringing in forex into Nigeria and not destroying the environment or bringing in toxic contents.

I completely disagree with your suggestion that container economy is what Igboland needs.

Top priority for SE, and I agree with Prof. Soludo , is responsible parenting because most parents in Igboland have abandoned their responsibility of raising disciplined, respectful, educated and Godfearing patriotic children, these children currently litter the social media space for ipob terrorist group and jails in Nigeria and all over the world, followed by peace in Igboland un order to stop the shedding of blood of innocent patriotic Nigerians then investment especially from other tribes and foreigners so Igboland can attract investments and talents from other places like the SW does excellently.

Asiwaju Tinubu alone brought in multibillion dollars investment into Lagos and his successors built on it.
check my signature for free stuffs!

All I see here is trash. Give them to LAWMA, the owners, not to nairalanders.

Each time I get paid in dollars on goods exported, I'd still need to buy materials overseas for my local production..I'd now go to aboki to buy more dollars at 730 naira to get those raw materials. Is that profitable? CBN and bad economic policy of this regime had done us shege and only God can judge them.

Cotonou cefa is now more valuable than naira. Are they living in a different world? In 2015, one hundred naira was equivalent to about 1,500 cefa. With 1k, you'd get 15k cefa. What has changed? I don't blame you. When you'd be hiding under your roof and be typing irrelevant stuffs. You don't even buy food, they feed you. So, you'd not understand.

asanausana91:
and this foolish Obi is telling his zombiedients that he will change Nigeria from consumption to production country.
Obi is a dangerous terrorist,he is confused.
How can you get your country to produce if there are no restrictions on import

You're nothing but an olodo.

I'm an importer. I also export . Each time I'm paid in dollars on goods exported, I'd need to change the dollar to naira to pay salaries , sort overheads, etc. Then, depending on your capacity, you need to source loan to buy some materials needed to produce locally for export. In this case, the naira loan sourced would now be exchanged for dollar to buy those raw materials. I'd noq buy at black market or bdc rate. Invariably, there's no much gain when dollars are paid for goods sold overseas cos we're still going to get more dollars locally to buy materials overseas.

The problem I have with you urchins is, you're too emotional and most of you lack the right knowledge tackle pertinent issues. Liberate yourself please. Stop behaving like an illiterate.

Woow! As an investment banker, he knows our problems in this area This is one of the reasons I'm voting this guy.

Virtually all those contestants have vaults in their homes where they stash dollars. Awon abanilayeję. Yet, urchins are running after them. Aren't they tired of suffering?

We know sir. Even now that they're planning to come back, they've started looting themselves already. Arapaja had bursted their bubbles. Wike also accused Ayu of taking 1bn naira bribe. Never again will the pdp and apc rule this country

garfield1:
Try and be objective sometimes na.even if oyetola will lose at the tribunal,he will win this case.it was filed out of time,principle of estoppel has caught up with it plus a legion of other mreasons

ok nah, space booked.

N3TRAL:
Lecturers from the department of political science in UNILAG, UNN, or Covenant University will not reject a proposal from a Haitian Presidential aspirant to speak to their students.

It is not that fact that you're speaking at Harvard University that matters. It is the platform that gives you audience at Harvard that determines your worth.

The Ivy league will never reject a presidential aspirant of the most populous black country who volunteers to give his account of governance in Nigeria to students.

Harvard scholars have heard Steve Jobs, Mark Zuckerberg, Barrack Obama , Bill Gates, Chimamanda Adichie address them at televised events.

If you understood the prestige attached to Harvard you would know that the institution would be lowering its standard to invite Obi who doesn't understand the concept of Green Energy to speak to its students in an important event.

Speaking at one of the smallest halls in Harvard to scarcely occupied seats can never make a person president of my country. Know this and have peace ✌️

I bagged a certificate from Harvard. Your comment was full of trash sorry. You can never be allowed into any hall except you're invited. It doesn't matter the capacity of that particular hall. Even if it's just 100 people in a hall @ Harvard, you should know they're qualified to be there and are invited based on their resume and capacity.

Harvard will never stoop so low to invite anyhow individuals to attend a program or speech just because they wanted the hall to be full.

When obi is elected president, you may relocate to cotonou. Ko gba agidi rara

lhordspy:
Am sorry to say this, even as an unrepentant, unswayed, unbothered APC supporter.
Oyetola is a goner. Man is fighting so many battles.

Firstly, he is appealling the nulification of his candidacy as APC gubernatorial candidate.

Then he is also appealling the declaration of PDP candidate as elected governor.

But can he also force the people of Osun state to love him? They never really wanted him.
If election is be contested 57 times, it is obvious he will lose 56 and half times

So why stressing himself?

Had Adeleke even lost to him by the way of rigging, the fed high court would have declared Adeleke winner already.

Sadly, Atiku and Tinubu can't give such clear explanations about their sources of wealth. Atiku's heavy investment in dubai after becoming vp is mind-boggling. Smh!

Who cares? He has failed to realise the fact that you can't change nature. How on earth can someone cut a whooping 16 years from his age just to fulfil a lifetime ambition? I don't get it.

Be careful cos they'd call you ipob for revealing all these.

Those rallying in support of this man must have been hypnotised

raslim20:
I swear nigeria is really blessed, 9 years is enough to ruin the country

There could be even more

Wow! I still believe those involved in all these nonsense are staff members of those oil companies, including the nnpc. I hope they unravel those behind this. Dem don chop belle full...9 goddanm years !

I wish him well. He doesn't need to be trailed. He's old so why all the noise? He needs rest.

My concern is why he didn't recommend either Osinbajo or fashola for the job and Support him. He should be resting by now. He had had his turn already.

donaldking100:
Poll conducted by A.P.C show him getting 72%.
Polls by P.D.P show him getting 72%.
Poll by boombag show him getting 72%.
Polls by arise TV show him getting 73%.
C.N.N call him most popular candidate.
Vote for obi, don't waste your vote on a sick man who isn't strong enough to face the daily rigors of running a massive country of 200 million.

That's it. Nigeria is even more populated than what they tell us on paper. One of my white friends, a GIS expert said Nigerian population is actually tending towards 300m. So, it takes a very active leader to lead such a populous country as ours. This country is massive.

obembet:
Both Tinubu and obi will still lose to North.


We want power to remain in North

Who are the WE pls?

Are you the northern elders forum or ACF spokesperson? Lol

Obi, the magic of the moment

9jahotblog:
For us in Osun State it’s Atiku/Okowa everywhere you go. Atiku/Okowa has come to win.

You see...I believe you jare and we're not even dragging that. Leave all these fake analysts. All we need is 25% in osun, which we can comfortably get.

Whether Cross-road or road-cross, Obi is a goal. Call me names and get barred by mods. If we really crave the Nigeria of our dreams, I see no reason why the presidency won't go to the south east this time. Fortunately, there's a formidable candidate from that region. Had the south east fielded Okorocha, Mr Ebeano or Uzor Kalu, I'd have made a u-turn. And if obi fumbles, he should remember what we did to Jonathan in 2015.

Any region who thinks if their region produces president, they'd be more favoured than other regions is a joker. Such people should remember the eras of Obj, Jonathan and North currently under Buhari. That's why we have a constitution and the NA in place. All we need is a leader who understands the Nigerian problem and can tackle it headon, not a bigot or power-drunk fellow. I won't join others in calling tinubu names. But all I can say, he shot himself in the leg cos of hunger for power. Nigeria is bleeding.

tollyboy5:
I'm ijebu - Epe

Yes, there's ijebu-Epe in Lagos. But hamzat is from ijebu-ogun

Ebola and HIV especially. The spread is wild now. According to the director of Lab at the federal ministry of health recently, if not checked, HIV would be another pandemic.

Guys please if you can't afford a clipper, tell your barber to always sterilise the clipper with fire before use. They know how to do it. Don't share blood, needle or blade with anyone.

Decist from reckless and lustful lifestyle.

9jahotblog:
Oyetola tun ma lule piii Lekan siii.

Osun has slipped off the apc's hands no doubt. Nothing lasts forever,. Tinubu's home state for that matter and that shows the majority now has a voice. Thank you buhari for signing the amended electoral act into law. Rigging which he's known for has been defeated perpetually. I still find it hard to believe the pdp defeated apc in osun, the ruling party at state and federal, even with their so-called structures. This is a proof the noise being made by urchins holds no water in the south west. If PDP didn't win osun, then oyetola is sleeping and I'm sure he'd not try that. What happened in oyo rally to the APC is another proof tinubu would lose some states here.

They said obidients were violent, blablabla. Yet, we staged peaceful rallies nationwide, the most peaceful ever . It was even the Obidients who were attacked here in Lagos by agberos.

John8702:
Their logo is fine sha

Yea, make their plane and engine fine too nice design

NOETHNICITY:
I’m sure this is definitely the handwork of obituary people. Their footprints are everywhere here, they even brag about their intolerance. They did it during endsars. They are doing every Monday in the SE.
But they should be made to understand that no one has the monopoly of violence.

Haba guy. O oodę beru oloun? Auxiliary wasn't a friend or supporter of obi, neither is oyo south east or Igbo land naw. So, everything thst befalls the apc is now caused by obi? Haba!

ribbit:
you don't know shit about oyo politics.

He was released, but was he made to be integral part of nurtw again?
Is it not seyi makinde that made a wll know jail bird like auxiliary relevant again? When everyone thought Oyo is done with Amala and thug politics, seyi brought it back.

sheyi was yet to become governor in 2019 and he was popular. Most of the votes he had were protest votes against ajimobi who for some reason people didn't like how he talked to people.
Plus all the big wigs who defected from apc and supported makinde then.
Even at that, adelabu did good numbers.
Now that people seen what he can do, they will easily queue behind adelabu.

But apc scored own goal by presenting teslim folarin.
I would rather prefer seyi continue than support folarin but that doesn't mean seyi wouldn't have been defeated if apc had presented adelabu.

The coast is clear from Seyi. It's not even contestable. They live him so much, both young and old.

I'm not surprised. It's in their blood. Obi will win oyo like I've always said. Doubting thomases, Mark today's date.

More confusions in the camps of those retarding the growth of Nigeria, amen!