₦airaland Forum

Acjohn:
Gaduje is a typical merciless, crafty, unforgiving Nigerian. Crooked like an Igbo man, cunning like a Yoruba man and sly like a Hausa man

Lol, crazy comment. That makes him a true wazobian.

Oil is not used only for motor vehicles.

Nukilia:
USA is a greedy nation, but they feel very uncomfortable seeing China emerging as a "Super Greedy" nation
USA is a crooked nation, but they feel very depressed seeing China emerge as a "Super Crooked" nation
USA is smart at making slaves out of Africans, but they are surprised to see China mastering the act of "Slave Masters"

I love USA, I love China, and I hope to love a SUPER SUPER SMART AFRICA someday


#Shalom

Very simplistic way of looking at the issues. If Nigeria could speed up her industrialization we will be looking for some resources as well.

grandstar:
Malaysia which you mentioned has 0% import duty on most goods and yet their industries are flourishing Even Thailand does not have high import duties on goods

All the above countries you mentioned industrialised through exportation. Only South Korea could be accused of being protectionist bit it too industrialised primarily through exportation.

China with it's massive population industrialised through exportation. As least, you do see their products everywhere.

You said that is the difference between rich and poor countries. That is not backed by facts. Where do you get such stats from? Completely flase

These countries industrialized through exportation but you think Nigeria should allow unbridled importation because it provides employment for some people?
I don't think you know what you are talking about.

Malaysia exports far more than they import, does that look like Nigeria?

SocialJustice:
Guy correct yourself. Dangote has not spent anything near $130bn on that Refinery.

Between 12 and 13 billion dollars. That is what Dangote said.

grandstar:
Is it really true that importers contribute little to the economy?

All one has to do is to visit markets such as Alaba, Computer village, Balogun and many others to see the benefits of imports.

The bustling markets have made thousands wealthy and wealth trickles down. When you visit these stalls, you see lots of people they employ.

Multiply this several all over the country and you realise that millions of people make a living from imports as businessmen, employers and employees

We haven't included transporters, bankers and many other sectors than benefit massively from imports.

I remember when Agangan, the minister of investment during Jonathan's term lifted duty on imported textiles and other goods

There was a visible uptick in demand for warehousing.

For instance, the US found out that for every 1cent reduction in import duty created 3cents of profits.

Imports have been Nigeria's problem but rather exports. Switzerland with only 8m people imports $200b of goods yearly and exports $220b..

Nigeria with 201m people imports about $50b worth of goods. Nigeria needs to focus on non-oil exports.

Multiply this several all over the country and you realise that millions of people make a living from imports as businessmen, employers and employees

This is precisely why Nigeria is not like South Korea or Malaysia or Thailand etc. Theses are countries that were on the same level of development as Nigeria when Nigeria became independent in 1960.
No country can survive on importing everything like we do. The effects are there for everyone to see with millions of people without jobs.
The number of people currently employed in importation are just a tiny fraction of the population. Many more Nigerians could be employed if we produce most of the things we need for ourselves and for exports. This is the difference between the rich countries and the poor countries.

grandstar:
And who told you importation of finished goods does not create employment?

It does, that is why millions of Nigerians are gainfully employed and unemployment is zero in Nigeria. The real rent seekers are the importers who contribute little to the growth of the economy.
Warped logic in a country that depends on importation for almost everything.

grandstar:
And who told you imports don't create jobs? Who?

Of course, depending on what you import. Raw materials for your company for example. If all you import are finished products you are basically providing employment for some other countries.

grandstar:
Asking government to ban a certain product for your benefit is rent seeking .

The high cost of cement adversely affected the construction and housing industry.

A player in that industry said scores of projects where abandoned due to the high cost of cement.

More jobs were lost than was gained from that ban.

The government did the right thing. Allowing for unregulated importation is basically providing employment for some other countries while Nigerians are left poorer and jobless.
If you say the government doesn't allow anyone to set up a cement factory except for Dangote then you have a point.

etrader:
Nigerians should not expect much from Dangote refinery....take a look at cement sector the guy monopolized that sector and control the price today. The price of cement never goes down always goes up......Don't expect you buy petrol at rate of #145 per litre be expecting #250 per litre

It is nothing short of amazing that he is doing all of these things with non existence infrastructure. No electricity, bad roads, epileptic train services.
All these things impact negatively on costs of production. The alternative is to import but then we will be providing employment for some other countries while millions are jobless in Nigeria.
We need our government to step up and do their part. Dangote is doing his own part brilliantly.

grandstar:
The country won't do too well.

As a rent seeker, he may promote policies that benefit only him and his interest.

The ban on the importation has led to Nigerians paying very high prices for cement. This is unfair

He is the opposite of a rent seeker. He is creating wealth and he must have made more millionaires than any Nigerian ever.
How then is he a rent seeker?

Nukilia:
pbuilding refinery in the age of electric cars... Chai

You Nigerians are impossible. No wonder Dangote doesn't have any competition in Nigeria. Where you see gloom, he sees gold.

Oshin56:
And I'm sure there are many peoples in his family that can't eat 3 square meal a day

How can you be so sure when you don't know the person?

Ugly looking building.

I thought they had no kings.

What a country!

soulpeppersoup:
Oga if you have money, visit Nnewi and get any machinery you want and stop ranting.

If you are broke shut up.

Use your brain. It was freely given to you by the almighty.

soulpeppersoup:
A common welder can do all those metal body works. You are an illiterate.

You are completely dumb, you know nothing about manufacturing and metal. A welder will make a solid axle for an amoured tank with what?
Why are you Biafrans dumb?


https://www.youtube.com/watch?v=Rhc_Kkc-vMY

The Biafrans would need this type of technology to make the type of axle you saw in the pictures. What about the flat sheet needed to make the amoured exterior? You cannibalized it from old transport buses? Use your head and think.

Most of the people shot by the police were not trying to touch them. The police more than the populace needs to learn how to interact with the people.

Awon eeyan Bobrisky.

daroz:
Australia or Austria , I am a bit confused.
Most of these IPOD online are semi literate . If you need need to lie you should do it intelligently .

Most of them cannot differentiate between Austria and Australia.
These are the kind of people supporting Nnamdi Kanu.

Egbere TV news.

They will confiscate it and then take it home to their wives just like they do to "contraband" rice and tomato paste.

MorufuAtanda:
I agree with you my dear Yoruba Muslim brother, we will not blame Soyinka for starting cultism because he is no Ibo. If he were Ibo, we will be happy to blame him for all the cultist activities. Ibo are to be blamed.

My dear negro jew, you have no idea what a cult is.

MorufuAtanda:
Nigeria's first cult group which was started by our Yoruba man Soyinka.

Confraternity, not a cult group. Most universities in other parts of the world have them. Not his fault if some people decided to bastardize it.
It is like blaming someone who constructed an highway for the activities of highway robbers.

olas24u:
But seems this generation of igbos are not aware.

They are aware of Soyinka's role but it didn't stop them from abusing him.

olas24u:
I can list ten yorubas that fought for biafra.

You are right. There were many, though most people remember only Victor Banjo being a senior officer.

Nonybb:
He ended up not even saying what Remi Fani-Kayode was not killed by Ojukwu

If the coup potters did not kill him why then would Ojukwu kill him? RFK was not a soldier. The people who put him in jail had already been overthrown. Why then would Ojukwu kill him?

Germannig:
Despite the blatant arrogance exuding from this half-baked Arewa man, what the SW did to the entire southern course is unforgivable. They must pay for it in 2023.Hopefully, they learn their lesson thereafter.

Southern cause indeed.