Those factories should find indepenent power plants, the government is too useless. Setting up small indepedent ones might be better than waiting for the government to install some.
Kx: How come. I thought Ghadafi was their problem.
NO Gaddaffi was a great man who cared for his people. Free healthcare, educaiton (to PHD) housing, money from oil revenue, free electricity, very cheap gas, the best HDI in Africa was in Libya. The western media portrays him badly but he is a great guy. he wasn't perfect, he made mistakes but he was good.
[quote author=lovely_S link=topic=802575.msg9553061#msg9553061 date=1321268581]The west are being controlled by the ANTICHRIST group and their aim is to reduce the world population to 10% and they will stop at nothing to make it a reality.Believe it or not,its real look around you its already happening.Pray! pray!! and pray!!!
Use your search engine for more info or see the video below.
https://www.youtube.com/watch?v=LJ73eOmdsv0&feature=related[/quote]Missionairies told your ancestors to close your eyes and pray while they stole our resources and killed our people. And you are still praying?? STOP PRAYING AND DO SOMETHING! Damn, religions just have people praying all day and waiting for things to happen. The japanese do things, they are not praying all day,
saintohia: B/c the oil wells have started production, they never came really to protect u uh, Italy is presenly broke, ask urslf how much they spent in Libya fighting, nobody likes planting in vain. Nigerian govt & other dumb African govts. shld take note
Quote 4m Lak,
How come BBC/CNN are not reporting all these? How come Nato is not going there to protect 'innocent' civilians anymore?
BBC and CN are controlled by Rupert murdoch. Those channels are biased. Watch Russia Today or Aljaezera. Russi Today is my favorite.
China is very low number 91 in GDP per capita. Does that not mean they are a world power? When they talk about top 20 they mean overall GDP. India is 133 and they are a power too. If we exploit tourism, agriculture, manufacturing, and sports, this can be done easily. But we need to cut polticians pay and cut out useless teams who waste money. We need minister of power, education, works, agriciulture, entertainment, manufacturing, ICT, and finance. There are many that are not really needed.
ranlaen: simply because in 8 years nigeria needs to move from 156th out of 187 countries to 25th.considering we moved back and forth from 150-158 over the last decade so virtually sand still i don't know what miracle you want. http://en.wikipedia.org/wiki/List_of_countries_by_Human_Development_Index
even in gpd which is a poorer way of to determine " best " economy which unlike HDI does not take in account cost of items,lif expectency,health care etc we are still 140th of 190. http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita
so can you explain the miracle that will propel nigeria from the bottom 25% WORST countries to live in and economy to the best 25%.forget that silly claim that we are number 41 .there not a single data to show that we are anything but in the bottom and even just living in nigeria you can see it for yourself.maybe in the oil minister or gej mind they are number 41 but i guess if i robbed the nation dry of billions i would also in my dream world think its amazing.
Boko Haram is also U.S sponsored sects,they knew Nigerians will call them to come and fight the terrorist.as the saying goes "US GOVT ARE LIKE COCKROACH ,ONCE THEY CHECK IN THEY CAN'T CHECK OUT"their aim is to divide and conquer and also seize Nigeria vast oil wells
The Pentagon’s shadow war in Africa could have a new front, if reports coming out of Nigeria are accurate. U.S. troops are headed to Nigeria to help local forces do battle with Boko Haram, an Islamic terror group that has killed up to 400 people this year in an escalating campaign of bombings and shootings. At least that’s what Nigerian military sources tell Scott Morgan, a journalist based in Washington, D.C. who writes under the pseudonym “Confused Eagle.” The Guardian also has the story.
The US is trying to disintegrate nigeria by 2015. We are a growing economy who has potential to be a top economy in the world. The US sees China as a threat so they are sponsoring Boko Haram. WHo is supplying these people with bombs and weapons? These illiterates are causin problems but who is giving them hese weapons? Follow the money trail, it leads to the criminal. That is what we have to understand. Nigeria is doing business with China more now and America is getting jealus. =America doesn't give a damn about helping the people, they have INTEREST!! O What a coincidence that Total found oil and now the French government wants to help. Lol they will help causee more problems. These are NOT consipracy theories. These are facts, look what happened to Sudan they succeeded.
America has been supplying African war lords with weapons for a long time. Seirra Leone, Congo, Rwanda, Sudan. Most of htese conflicts were caused and supported by the west. Look what the French did the Ivory Coast. What is their business there?
Everyone must wake up, they are trying to colonize Africa for the coveted resources.
Windhoek: Southern Africa has become the battle ground for a new scramble for resources, with the United States seeking to muscle out Chinese influence so as to secure strategic minerals - mainly for its military.
More frightening is the possibility of the US military itself becoming involved in securing these strategic minerals within the next 20 years.
According to a study by Dr Stephen Burgess, a Zimbabwean-born associate professor at the US Air War College, Washington may have to enlist the services of the Department of Defence, the National Security Agency and the Africa Command (AFRICOM) to secure Southern Africa's resources.
His study, titled 'Sustainability of Strategic Minerals in Southern Africa and Potential Conflicts and Partnerships', says the US should move quickly to secure Southern Africa's uranium, manganese, platinum, chrome, cobalt and rare earth minerals for America's industrial needs and for its military as well as maintenance of weapons systems.
The study focuses on resource accessibility in the DRC, Namibia, South Africa, Zambia and Zimbabwe and draws parallels with the 1880s scramble for Africa.
To triumph in this new scramble, Burgess notes, 'all instruments of (US) power' must be deployed.
Burgess visited all these countries – except Zimbabwe – and makes recommendations on how the US can muscle out China.
He interviewed mining sector experts, government officials and journalists as part of his research.
There were also consultations with American institutions such as the Defence National Stock Pile Centre, the Defence Logistics Agency and the Marine Corps Command.
A note in the study indicates that it has nothing to do with the US Air War College, raising the possibility that Burgess was working as a consultant for Washington.
'Southern Africa contains strategic minerals, which the USA and its allies require for industrial purposes and that militaries need for production and sustainment of weapons systems.
'The principal sustainability challenge in SADC for the USA and its allies is uncertain access to strategic minerals.
'The cause of this challenge is increasing global demand and supply shortages caused by inadequate infrastructure, politicization of the mining industry and China's aggressive and sometimes monopolistic behaviour in pursuit of minerals.
'The challenge is most acute in two Southern African countries - South Africa and the Democratic Republic of the Congo (DRC) – and also growing in Zambia, Zimbabwe and Namibia.
'Of particular concern is possible future conflict between the United States, which needs strategic minerals for national defence and other purposes, and China, which needs an increasing amount of resources to fuel its accelerating industrialization.
'There is a rising scramble for and struggle over resources in Africa, especially in petroleum and mining economies.
'In particular, the US government is concerned about access to 'defence critical resources'. This requires increased levels of engagement with the African countries concerned, using all the instruments of American power and working with American and Western mining companies, as well as engagement with China and Chinese companies.
'In the future, a 'worst-case' scenario might see the United States having to use coercive diplomacy in the not-too-distant future (perhaps in 10-20 years) in order to regain access to vital resources.
'The onset of 'resource wars' has been predicted by a number of scholars and experts. Given the rising level of Chinese demand for resources, the probability of conflict is likely to rise.
'The new scramble for African mineral resources (and petroleum) is most similar to the 19th century European scramble for African minerals and land that contributed to interstate conflict, especially the First World War.'
The ever-strengthening Sino-Africa ties are a major headache for the US and Washington must move quickly or else conflict will become unavoidable.
'The United States produces a range of materials from strategic minerals, including warships, aircraft, and high tech devices and components.
'Thus far, the United States and its allies have relied on free market forces in Southern Africa and elsewhere. However, US and allied industries may not always have access in the future and may have to reduce output or even close. For example, a worrisome problem has been Chinese control of production of more than 90 percent of rare earth minerals.
'Recently, Chinese companies withheld them from Japan over the Senkaku/Daioyu Islands dispute and threatening to withhold them from the United States over arms sales to Taiwan.
'The minerals are the ingredients in key components in communications devices, satellites, and electric fuel cells and batteries that US industry and the military require.'
Burgess says liberation movements (ZANU-PF in Zimbabwe, ANC in South Africa and SWAPO in Namibia) are politicizing the mining sector to the detriment of free marketeering and this will pose a serious challenge to the US. Issues of black economic empowerment and nationalization of mining feature prominently.
'The free market and government taxation of mining profits have tended to provide optimal conditions for states and industry and maintain a steady flow of minerals to meet demand. However politicization has occurred in the form of nationalisation of the mining industry and the intervention of black empowerment companies which have tended to disrupt the market and flow of minerals.'
The DRC, Namibia, South Africa and Zimbabwe all have – or in the process of implementing – policies that will see greater indigenous participation in mining.
• South Africa
South Africa is targeted for its vast platinum resources which stand at about 75 percent of global production, as well as its vast manganese deposits.
'South African President Jacob Zuma and Mineral Resources Minister Susan Shabangu have said that nationalization is not currently part of government policy.
'However, this does not guarantee it will not be part of government policy in the not-too-distant future. The ANC Youth League managed to get nationalization onto the agenda of the governing party's September 2010 meeting, fuelling investor worries.
'Nationalization of South African mines has been given renewed prominence by the ANC Youth League, which in 2009 issued a discussion paper arguing for state control of 60 percent of new mines.'
• Democratic Republic of Congo
The DRC is viewed as a source to quench America's thirst for cobalt, uranium, coltan (columbite and tantalum), tungsten, tin, and rare earth minerals.
The study says Gecamines, the state miner, has too much control of mining and appears to favour dealing with China over the West.
• Zambia
Zambia's cobalt constitutes 20 percent of global deposits and it is second only to the DRC.
Again, emphasis is on Beijing's growing presence in Zambia through integrated firms such as the China Railway Group, SinoHydro and the Metallurgical Group Corporation.
• Namibia
Naturally, America's interest here is in uranium and there is unease about the activities of the recently created state miner, Epangelo.
Namibia's Cabinet recently said all future mining of strategic minerals should be done in partnership with Epangelo.
Namibia is the fourth largest producer of uranium and global demand is rising faster than the demand for gold.
'The recently established state owned mining company, Epangelo has virtually no capital and may look to Russian and Chinese companies for support.
'Kalahari Holdings (a SWAPO firm) are … looking for uranium prospects and joined ventures, possibly with the Chinese and Russian companies.
'In the long run the politisization of the mining sector could divert uranium to China.'
Recommendations
'One measure the United States could take is to assist South Africa in developing beneficiation. US aid could help to develop local mineral processing and metal manufacturing and assist South Africa in developing sufficient electricity to power such ventures.
'In addition, the United States could negotiate off-take agreements with South Africa and provide assistance to benefit local mining communities.
'The United States could encourage American mining companies to reengage in South Africa and work with Australian, Canadian and South African companies that are committed to the free market.
'Also, the US government could step up strategic communications, broadcasting Chinese abuses and dissuading forces in the ANC and SWAPO from moving their governments closer to China.'
Burgess goes further.
'In order to shape the region to maintain the free market, there are a number of actions that the United States and its allies might take. They might use diplomacy to build strategic partnerships with the most important African countries…
'In the case of strategic minerals, special attention must be paid to South Africa and the DRC.
'The United States and its allies could develop military-to-military relationships with a number of strategic African countries. The US National Security Council, DOD (Department of Defence) and (the) US Africa Command might develop contingencies to deal with the eventual prospect of resource cutoffs and the possibility of conflict over strategic minerals. At issue is how US agencies might adjust to the forthcoming challenges.'
The building of strategic partnerships is politically difficult, given the ANC regime's rejection of AFRICOM during the stand-up process in 2007 and 2008.
'South Africa is the hegemon in the region and must fully accept AFRICOM before military-to-military partnerships can be built throughout the region.
'The United States also continues to apply sanctions against President Robert Mugabe of Zimbabwe and his inner circle, which makes building partnerships with the Southern African Development Community difficult.
'In addition, there is some resistance to US foreign policy from the (President Joseph) Kabila regime in the DRC; SWAPO in Namibia; and the (President Eduardo) dos Santos regime in Angola.
'By 2020, US intervention, including AFRICOM, might be needed to ensure sustained US/allied access to strategic minerals, which means that the building of strategic partnerships in the next decade is important.'
Dr Stephen Burgess farmed commercially in Zimbabwe's Masvingo Province and ceded land during the government's agrarian reforms. He left Zimbabwe in 2001 and works for the Air War College in the United States. He is the author of three books; 'South Africa's Weapons of Mass Destruction' (with Helen Purkitt), 'Smallholders and Political Voice in Zimbabwe', and 'The United Nations under Boutros Boutros-Ghali, 1992-97'.
Burgess helped lead in the organization and execution of the Air Force Africa Command Symposium.
He is an associate director of the US Air Force Counterproliferation Centre. Burgess holds a PhD from Michigan State University and has been a faculty member at Vanderbilt University, the University of Zambia, the University of Zimbabwe, and Hofstra University.
Boko Haram is also U.S sponsored sects,they knew Nigerians will call them to come and fight the terrorist.as the saying goes "US GOVT ARE LIKE COCKROACH ,ONCE THEY CHECK IN THEY CAN'T CHECK OUT"their aim is to divide and conquer and also seize Nigeria vast oil wells
The Pentagon’s shadow war in Africa could have a new front, if reports coming out of Nigeria are accurate. U.S. troops are headed to Nigeria to help local forces do battle with Boko Haram, an Islamic terror group that has killed up to 400 people this year in an escalating campaign of bombings and shootings. At least that’s what Nigerian military sources tell Scott Morgan, a journalist based in Washington, D.C. who writes under the pseudonym “Confused Eagle.” The Guardian also has the story.
U.S. officials have refused to confirm the deployment.
However, a new U.S. assistance mission would be consistent with steadily increasing Pentagon involvement in a wide range of African conflicts. American forces have been active in and around Somalia for the better part of a decade, targeting pirates and the terror group al-Shabab. Last month, President Barack Obama announced he was sending 100 U.S. advisers to help the Ugandan army track the Lord’s Resistance Army rebel group in Congo. And this year the Pentagon has quietly set up a number of new bases in Ethiopia and the Seychelles to provide air support to all these operations,
WHO IS FOOLING WHO?
If oil dry in all oil nation today fighting terrorist will end tommorow.Imaging,French giant oil exploit Total, yesterday said its Nigerian subsidiary, TEPNG in a joint venture with NNPC has discovered additional oil accumulation in its OML-102." The same day French Foreign Minister Alain Juppe arrived in Nigeria on Friday for a visit to talks on cooperating to fight terrorism
martinosi: There are Arabs, Berbers and whites among us = hmmm i dont think so many of these people you called are living mostly segregated from Africans so dont even go there!!!
Gadadafi was a Berber and he tried to unite Africa with one common language, currency, central bank, monetary fund.
[quote author=sa_lassie link=topic=801551.msg9548744#msg9548744 date=1321213350]I agree that the future of Africa is in closer cooperation with China. However, we need to be sure that we have all the proper regulations in place so we don't get exploited. Remember, China is loyal to itself first and foremost.[/quote]Yes, if you study histroy of the Chinese, they did bad things to Tibet. So they have the power to do the same thing to us. Some Chinese managers beat the Nigerian workers. They must respect our people so we respect them.
BY OLA AJAYI, IBADAN The spiritual leader , One Love Family, Satguru Maharaj ji, has called for the sack of both the Governor of Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi and the Minister of Finance, Dr. Ngozi Okonjo- Iweala over their alleged faulty economic policies that would be counter-productive.
Maharaj ji, who was speaking with newsmen, weekend, as part of activities marking the golden age festival of the group said the CBN boss should be removed for his proposal to devalue the naira describing it as a demonic exercise which should be discouraged by Nigerians.
As for the Minister of Finance, he said she should be relieved of her job for the alleged anti-people policy of removing the oil subsidy.
Guru said, if the CBN boss insisted that naira must be devalued without any palliative measures, he should be shown the way out of the exalted position.
According to Guru Maharaj ji, the action of Sanusi since he assumed office, was nothing but an “anti-African czar of the feudalists monks whose uncontrolled taste for modernity berates their outward fake projection of love for the success of the Nigerian project”.
He warned President Goodluck Jonathan to be wary of those that surround him and that he should remain committed to building human capacities and infrastructures in the interest of common masses that constituted the majority in the country.
He alleged that the restiveness and incessant bombing of the Boko Haram sect was the handiwork of some leaders from the Northern zone of the country who had earlier threatened to make the country ungovernable if they were not given presidency in the 2011 elections.
For peace to reign, he advised President Goodluck Jonathan to get the leaders arrested and try them so that they would not plunge the country into unecessary violence.
To disrupt their plans, Maharaj ji said, “President Jonathan should quickly build human capacities and infrastructures to take care of the ordinary man on the street, particularly the highly trained manpower who are being sold into slavery abroad for succour.”
He also suggested, that the President should increase the strength of the Army to five million and the Police to two million.
We need to have all foreign military leave, we should handle Boko Haram ourselves. The Chinese bringing infrastructure, the Americans/ Europeans bring HELL. Once we realize this, we have the upper hand. Why are our leaders allowing this to happen? Ngozi Okonjo better stand up. I really hope she isn't a puppet like I think she is.
We need to unite with the African Union. All the great leaders always get killed, all the people are too busy with Christianity and Islam and fighting each other. We need to all unite. Under one god, one language, one state, one purpose. We have been raped for 500 years, it is time to rise.
@cap28 The thing is that this can happen to Nigeria anytime. The US army can instigate and give weapons to Boko Haram to cause a civil war then go to the niger delta and steal oil and leave. They can even give weapons to MEND so they can fight Boko Haram too. This will leave many dead
Rome (CNN) -- Italian Prime Minister Silvio Berlusconi officially resigned Saturday, according to the presidential palace press office, seemingly bringing an end to a long career played out on center-stage in the country's volatile political arena.
The thrice-elected 75-year-old business magnate has said he does not intend to stand again if new elections are called.
Berlusconi stepped down just hours after the lower house of parliament approved austerity measures aimed at restoring confidence in Italy's economy.
Crowds that had gathered outside the presidential palace erupted in cheers -- waving the Italian flag, dancing and singing the national anthem -- when news of his resignation broke.
Since entering politics nearly two decades ago, Berlusconi has been one of his country's great survivors, hanging on despite facing numerous trials, on charges ranging from corruption to having sex with an underage prostitute, none of which has resulted in a jail term.
He was first elected in 1994 but lasted barely seven months, thanks to a dispute with his right-wing coalition partners from the Northern League Party and an indictment for alleged tax fraud. He was acquitted on appeal in 2000 after the statute of limitations had expired.
His second term as prime minister came in 2001 and lasted until 2006, when his party lost an election to the center-left Union coalition. These reforms are the only thing that can take us out of the current situation Emma Marcegaglia, head of employers' association, Confindustria
The billionaire was elected a third time in 2008, under the banner of the newly created People of Freedom party. Italy running out of options
In the three and a half years since, his colorful personal life has claimed ever more headlines, as his second wife filed for divorce, he was charged with having sex with an underage nightclub dancer and abuse of power, and the so-called "bunga-bunga" parties held at his home gained international notoriety. Italy struggles with uncertainty
Finally on Tuesday, he failed to win a parliamentary majority on a budget vote that should have been routine, and had to face the inevitable: his days at the helm were numbered. In the end, it was his perceived failure to tackle Italy's debt crisis rather than any private scandal which had brought him down. Bond yields and Berlusconi
Also on Saturday, the Italian lower house of parliament approved a series of austerity measures demanded by Europe to shore up confidence in the country's economy. It passed by a vote of 380 for to 26 against.
The package, which includes spending cuts and proposals to boost growth, was approved by the Senate Friday, resulting in a market surge.
The approved measures include pension reform, with plans to raise the retirement age from 65 to 67, the privatization of state-owned companies and sale of state-owned properties, the liberalization of certain professions, and investment in infrastructure.
As the fourth-largest economy in Europe, a meltdown in Italy would have a massive impact on global markets.
Berlusconi had pledged to step down once the austerity measures passed both houses of parliament after losing his majority.
Now that he has resigned, President Giorgio Napolitano -- whose role is largely ceremonial -- could move to appoint a government of technocrats or call fresh elections for early 2012.
Support appeared to be growing this week for former EU commissioner Mario Monti to take the helm of a technocratic administration. Other names also floated include former Justice Minister Angelino Alfano and Gianni Letta, Berlusconi's chief of staff.
The structural reforms demanded by the European Central Bank and the European Commission must be brought in without delay, said Emma Marcegaglia, head of the Italian employers' association, Confindustria.
"These reforms are the only thing that can take us out of the current situation," she said. "We have no choice. We cannot wait for three months for the next elections, this would mean the destruction of Italy. "
She said a rapid solution to the political uncertainty in Italy was essential to put it "firmly back on the road to credibility."
She added: "We are not Greece, we are a strong economy, we are the world's eighth largest economy. We have many state assets and have lots of potential. But we have to survive this very difficult situation."
Italian borrowing costs continued to ease Friday, after spiking above 6.75% Wednesday, giving investors hope that Italy is finally starting to make some progress toward addressing its massive debt problems.
Yields on Italian 10-year bonds were trading at 6.5% Friday after dipping as low as 6.43%. While that's still stubbornly above 6%, it's finally moving in the right direction.
It is imperative to keep Italy's 10-year bond yields well below 7% because that was the level that eventually led to bailouts for Ireland, Portugal and Greece.
Currently, Italy -- the biggest bond issuer in Europe -- possesses a massive gross debt of roughly €1.9 trillion and a debt-to-GDP ratio of 120%. The country is widely considered to be too big to fail. But it may also be too big to bail,
Do you think Goodluck will copy the Italian man and resign?
BootyOnMe: Amiiiiiiiiiiiiin o! At least not to be make noise for NL. . . I am contributing effectively to the Nigerian economy. Greeeeeeeeeeeeat. . . .one more person(a female has voted NOOOOOOOOOOOO!!!) Goooooooooo ldies. Let the Nigerian men go and build Nigeria. N a dem spoil am with corruption.
The minister of Petroleum bought a 20 million Euro estate in Austria so women can be corrupt too. Also there was a female banker who was corrupt too.
BootyOnMe: Under normal circumstances I will not show up on a thread started by one called 'IGBO2011'!
Lol you don't like my posts? Is that why you don't look at them?
[quote author=Jenifa_ link=topic=799829.msg9535659#msg9535659 date=1321066566]interesting topic. what's your motivation to move to Nigeria?
I wasn't born or raised abroad but I still will feel apprehensive to move back to live in Nigeria[/quote]Motivation is to give people jobs and to help the economy and the community. My ancestors are from here, so I need to give back to my people.
TELL THEM TO GO AWAY!!!! They will steal our oil and will cause more problems. That is all they ever do. Loook at what they did in Sudan and Congo. THey will supply MEND and BOko Haram to fight each other. Don't let it happen.
Nigerians are very smart. We can run businesses like Lebanese, Chinese, indians, Europeans, jews, etc. but the main prbolem is CAPITAL!!! All of the capital leaves Nigeria and goes to other countries so they cn reinvest in Nigeria to make more money. The government is anti-Nigeria. They do everything to help foriegners and won't do anything for Nigeria. There are many Nigerian farmers who need help but the Nigerian government breaks their back for white Zimbawean farmers. The government is so useless. They always ask for foreign investors to come when there are Nigerians who can do the exact thing.
The government is controlled by foreign powers. That is the main thing. Politicians put stolen money in foreign banks so foreigns can get a loan of that money to invest in Nigeria to make more money. That is the main thing.
1. Rid away with senate, house, LGAs and lower the slary of governors to 2 million a year. Lower mine to 0. 2. Deal with boko Haram and negotiate with them. 3. fix refineries and give Innoson, and Zinox money for factories and more jobs. I would have Innoson design commercial cars and tractors. 4. Install different types of energy around Nigeria to have 24/7 light for everyone. 5. Fix the roads. 6. Invest capital into farms and be the bread basket of the world. 7. Build 2-5 new universities in each state that are internally compettable. Also upgrade the research allowance. 8. I would not accept foreign aid or international help because they would want to intervene.
Yes, this would take longer than a week I know, but I would start all of them. But if I did this then millions of people willl be hired for jobs. Less crime, more productivity and more happiness.
Abacha puts billions in banks in America, UK, or Switzerland to hep their economy. That money will be used to give loans in those countries to help their economy grow bigger and bigger. In Indonesia, the corrupt government would put their money in Indonesian banks not foreign baks. So the bankers could lend money out for loans.
Capital flight is destroying Africa. When money leaves Africa and goes to other countries. Why can't the politicians atleast put the stolen oil money into Nigerian banks. Also, most of the stolen money doesn't get given back anyway. The foreign banks will keep the money there. So the money is lost anyway. They might as well put it into a Nigerian bank.
We need power to boost the factories then this can be a reality. There are too many people in the informal economy who can join the formal economy and be taxed. Create internal government revenue, less crime, more jobs, more forex, more GDP. Nigeria can grow at 20% honestly.
India has terrorist attacks too and people still invest in them. So maybe he has a point. but he needs to stop looking outward and lo inward. he needs to invest in infrastructure FIRST. Power and roads. Nbody wants to invest with a bad road netwrok that Nigeria has.
We need to invest in tourism, agriculture, infrastructure, manufacturing and sports Then this can be a reality. But the government needs to be SERIOUS!! Stop stealing and invest!! At least put your corrupt money in a Nigerian bank then the money can circulate. BOKO HARAM MUST STOP!!!!
DAMN if the FG would have given free education to everyone there would be no boko haram problem.Neo-liberal policies messed up Nigeria.
1. Tourism in Calabar has potential to have 10 million people come a year. 2. In agriculture we have enough arable land to make a loto f food for the world. We can export, all we need is education and technology. 3. The sports industry is low but it has potential to become huge. Fashion, Nollywood, and music are already big, it is time for sports. 4. China got big because THEY HAD IN FRACTURE. Power, good roads, sea ports and airports. It is our turn. 5. Once the infrastructure is in, the manufacturing will be amazing in Nigeria.
People need to invest in these and see high returns. All these industries will create millions of jobs, attract foreign exchange, internal government revenue, and increase the GDP. The FG needs to be serious.
Politics › Re: Manufacturer Identifies Energy Supply As Main Problem Facing Manufacturing by igbo2011(m): 3:39pm On Nov 14, 2011
