Crime › Re: Igwe Sunday Orji Kidnapped In Enugu, N50m Ransom Demanded by Jamesbally: 4:50pm On Aug 05, 2019 |
There are millions of Evans in the East, that's why Kidnapping will never end in that Region.
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Politics › Re: Revolution Now Protesters Confront Police (Photos) by Jamesbally: 11:56am On Aug 05, 2019 |
Trash.
IPOB Terrorist Revolution. The gathering of Cowards.
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Politics › Re: : EFCC Raids Residence Of Ex-zamfara Governor, Abdulaziz Yari (pics) by Jamesbally: 7:54am On Aug 05, 2019 |
God bless President Buhari, no room for corrupt Politicians.
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Politics › Re: Imo: Panel recommends sacking of VCs, Rectors appointed by Okorocha by Jamesbally: 7:49am On Aug 05, 2019 |
Hmmm, Igbo politics.
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Family › Re: I Lost My Cousin And His Friends by Jamesbally: 7:51pm On Aug 04, 2019 |
Asnafsaeed: I lost my cousin Muneer Lawal Dare on friday .. they had their graduation on Thursday and were living for zamfara on friday when they had an accident.. it was the 4 of them that died, the fifth is in a critical condition in the hospital..I'm so sad and heartbroken as we were to meet for Eid Accept my deepest condolence Bro.
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Business › Re: Abdulsamad Rabiu Celebrates His 59th Birthday Today by Jamesbally: 7:11pm On Aug 04, 2019 |
NwaAmaikpe:

If there was a fair and even playing ground...this dude won't be fit to shine the shoes of Chief Cletus Ibeto or sit in the same room with Chief Dr. Alexander Chika Okafor.
He inherited an already favoured business, diversified it and all successive governments from the 90s have ensured that it continues to thrive because they are "born to rule" while the Ibetos and Madukas aren't.
Well what do I even know? The thing dey pain this man already.  Ibeto is one of those whose wealth were gotten through one crimes or the other. His real source of wealth (crime) was no longer giving him money, that's why he is putting the failure of his Cement Business on the Government. BUO on the other hand is a hard working Business man, who works hard to thrive in a compitaitive Business environment like Nigeria. God bless BUO.
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Business › Re: Abdulsamad Rabiu Celebrates His 59th Birthday Today by Jamesbally: 6:53pm On Aug 04, 2019 |
This is one of Nigeria's real Billionaires, not some Ritualist, Armed Robbers, Kidnappers or drug pushers from the Yeast.
Happy Birthday Sir.
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Dating And Meet-up Zone › Re: 2026!! Marriages For Working Class: Drop Your Contact And Get Your Spouse Now. by Jamesbally: 10:23am On Aug 04, 2019 |
Cutebelqees: Hi am Bilkisu (female) From kaduna ! Want a serious relationship that wil leads to #marriage Am Muslim And would love to find #mydreamman Kyakyawa, ya kike? Check your PM. |
Politics › Re: IPOB :Nnamdi kanu's return to Nigeria eminent .-Emma Powerful by Jamesbally: 10:09am On Aug 04, 2019 |
gidgiddy: Yeah, your security forces only move when they are facing an unarmed man like Nnamdi Kanu You refer to IPOB terrorist as un-Arrmed men?
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Politics › Re: IPOB :Nnamdi kanu's return to Nigeria eminent .-Emma Powerful by Jamesbally: 10:05am On Aug 04, 2019 |
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Phones › Re: The Xiaomi Thread. by Jamesbally: 8:28am On Aug 04, 2019 |
How much is Redmi 5A LCD screen? |
Technology Market › Re: !!! Xiaomi Replacement Parts Store!!! by Jamesbally: 8:26am On Aug 04, 2019 |
Protein0: Which model? Call, sms or WhatsApp 07063579846 please  How much is Redmi 5A LCD screen? |
Technology Market › Re: The Xiaomi Thread Store by Jamesbally: 8:22am On Aug 04, 2019 |
How much is Redmi 5A LCD screen? |
Politics › Re: IPOB :Nnamdi kanu's return to Nigeria eminent .-Emma Powerful by Jamesbally: 8:18am On Aug 04, 2019 |
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Crime › Re: Girl Ambushed After Withdrawing ₦1 Million From The Bank (photos) by Jamesbally: 8:13am On Aug 04, 2019 |
Only in the East.
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Technology Market › Re: Need Replacement Parts And Accessories For ur Xiaomi products etc come In Now!! by Jamesbally: 8:00am On Aug 04, 2019 |
How much is Redmi 5A screen? |
Business › Re: How Dangote Initiated The Planned Ban On Importation Of Milk by Jamesbally: 4:59am On Jul 29, 2019 |
Built2last: David Piling did a Lunch With The FT with Aliko Dangote. I was so vexed I did a thread response to him on twitter.
But there is something else worth discussing here. Dangote made a comment when talking about economic policy that is seriously worth unpacking. In talking about the usual import vs local production whatever, he said the following:
“What Nigeria needs is to produce locally what we can produce locally,” Dangote says, nibbling at a skewered satay, and defending the thinking that has made him rich. “Nigeria still imports vegetable oil, which makes no sense. Nigeria still imports 4.9m tonnes of wheat, which does not make sense. Nigeria still imports 97 or 98 per cent of the milk that we consume.” Of the latter (astonishing, considering the country’s roughly 20m cows), he says, “The government needs to bring out a draconian policy to stop people importing milk, just like they did with cement.”
Read those comments very well — they spell the fundamental challenge facing the Nigerian economy and why it is not working for the vast majority of Nigerians who are born into poverty, live in poverty, die in poverty and pass on the same poverty to their children.
Poverty is not just about what you earn it is also about what you pay. The worst combination is to be poor in what you earn and poor as a result of what you pay. This is one of the things killing Nigeria and turning the country into a poverty factory. Nigerians earn low wages but that in itself is not the end of the world — nobody expects Nigerians to earn the same as Americans. The killer is what Nigerians pay for the basics of life. And time and time and time again, Nigerians pay a lot more because of government policies.
They are planning for you
Dangote starts his comment by saying Nigeria should produce locally what it can produce locally. No reasonable person can ever argue with that. But the moment he starts saying importing something does not make sense, that is when you should be wary. As we used to say when we were growing up — he is planning for you. And the plan is not a good plan. Think of all the problems with producing milk in Nigeria today — poor cow breeds, medieval practices such as trekking for miles upon miles with tired and impoverished looking animals, cows that only eat what they see on the road or on someone’s farm as opposed to being served a diet like elsewhere, lack of expertise and various other things. You can still produce milk in Nigeria even with all those problems but every single one of those problems is a cost. You can produce milk with a cow that has trekked from Port Harcourt to Potiskum but that milk will cost more because it will only produce a little. Imagine you need N5,000 to survive for a month and you have one cow as your only source of income. If that cow produces 5 litres of milk in a month, you have to sell each litre for N1,000 to survive. If it produces 100 litres of milk, you can sell the milk for N50 per litre to survive. This is a gross simplification but this is the general idea of productivity and how it helps to bring prices down. Aliko Dangote has not said a word about all the problems with cows that makes Nigerian milk so expensive. He skipped all those and jumped straight to ‘draconian policy to stop people importing milk’. Of course if you put out a ‘draconian’ milk ban today, milk will be produced in Nigeria but it will be produced at the Nigerian price, inclusive of all those problems affecting Nigerian cows. On top of all those problems and costs, a profit margin will be added because this is not charity. There are no two ways about it — Nigerians will pay A LOT more for their milk if such a ban comes into place.
Those words Dangote uttered are a play for the money in your pocket. The moment you are left with no option but to buy the Nigerian milk, you must part with the money in your pocket and hand it to Dangote or whoever is the beneficiary of the milk policy. You WILL be poorer. Whatever you are paying for milk today, you WILL pay more after the ‘draconian’ ban. I repeat — You WILL be poorer. Dangote is planning for you. And crucially, the incentive to solve all those problems that were there before the ban will now be reduced. Afterall, problem or no problem, the milk will be sold at a profit. This is why Dangote himself is moving his cement all around the country inefficiently with trucks and does not innovate. Why should he? The thing has a 47% profit margin as he himself said in the interview. You cannot win this fight to protect the money in your pocket because Dangote has the ears of the government and nobody is fighting for you in Aso Rock to keep your costs down. The only people the government listens to is people like Dangote. You WILL be poorer.
Policy for me, Poverty for you
Again — poverty is not just about what you earn, it is also about what you pay. Unless your income goes up, if you start paying more for the same product, you will be poorer. I have written ‘severally’ about this using rice as the example. Nigerians did not get a pay rise from anywhere in the last couple of years but in the name of local rice production, government and farmers entered into a conspiracy and made Nigerians poorer through higher rice prices. Well, the income of the farmers went up but Nigerians as a whole became poorer. You cannot turn around and complain about Nigeria being ranked as the poverty capital of the world when you make their food more expensive deliberately. It is the logical consequence of the policy. It is also the same thing with cement that made Dangote rich. This is why he is ‘a billionaire 14 times over’ and Nigeria has a 17 million housing deficit and poor infrastructure. The problem that cement is supposed to solve is right there staring us in the face but someone has still become a billionaire from it. The guy who is selling his 5 litres of milk for N1,000 per litre is also surviving but as he’s selling only 5 litres, a lot of people are obviously not drinking milk. So the problems that milk is supposed to solve like strong bones will remain but someone is making money from selling milk.
https://aguntasolo.co/dangote-wants-you-to-be-poor-1ab599da370e Cry me a River. This Igbo man will use every policy of the Government to make a subject of Propaganda. Besides, it's your Igbo Brother (CBN Governor) that made the policy. If e pain you well, put the blame on your Bloda. 
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Politics › Re: President Buhari Fixed The Death Trap IMO Okigwe Road-photo by Jamesbally: 4:39am On Jul 29, 2019 |
Buhari is working.
We Igbo's will always remain loyal to President Buhari.
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Politics › Re: Don Unachukwu Commissions Surface Incinerator In Idemili South LGA by Jamesbally: 9:38pm On Jul 28, 2019 |
General0847: Nigeria is a joke. You are wrong. The East is a Joke. 
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Politics › Re: Don Unachukwu Commissions Surface Incinerator In Idemili South LGA by Jamesbally: 9:36pm On Jul 28, 2019 |
This can only happen in the East. We will soon be deporting Politicians from other Regions to the East. Cause they lack good leaders.
Igbo's need to focus on their spare parts Business and leave leadership and Politics for other Nigerians.
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Politics › Re: 2023: Pastor Tunde Bakare Reveals Where Buhari’s Successor Should Come From by Jamesbally: 5:16pm On Jul 28, 2019 |
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Politics › Re: 2023: Pastor Tunde Bakare Reveals Where Buhari’s Successor Should Come From by Jamesbally: 5:15pm On Jul 28, 2019 |
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Politics › Re: 2023: Pastor Tunde Bakare Reveals Where Buhari’s Successor Should Come From by Jamesbally: 4:58pm On Jul 28, 2019 |
BULLIONVAN4: Well then, who are you to make such declaration? Just stick to your spare parts Business. We do not want to witness what Okorocha did to Imo State. When it comes to leadership, you are still a learner. Besides, 5% can not rule Nigeria.
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Politics › Re: 2023: Pastor Tunde Bakare Reveals Where Buhari’s Successor Should Come From by Jamesbally: 4:54pm On Jul 28, 2019 |
kettykin: An igbo man will rule Nigeria and thers is absolutely nothing you can do about it . How will they do it? 5% can never rule this Country. Just keep on chest beating online. But none of you will smell Aso Rock.
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Politics › Re: 2023: Pastor Tunde Bakare Reveals Where Buhari’s Successor Should Come From by Jamesbally: 4:19pm On Jul 28, 2019 |
otokx: Not just South but South East and one who is a Christian. Igbo's can never rule this Country, Never. Quote me anywhere. 
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Business › Re: Forex Restriction Threatens Over 50,000 Jobs In Dairy Sector by Jamesbally: 3:30pm On Jul 28, 2019 |
gaetano: By the time Buhari is finished with Nigeria, we will have sense by force. He's used every available tool of state to manipulate policy in favour of cows.
Look at the Central Bank of Nigeria talking about milk.
They should go ahead and punish us because we rejected RUGA Quit hating Buhari over everything. The policy was initiated by your own Brother. Abi the CBN Governor don turn Fulani man again? Chanel your anger to your incompetent Brother.
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Politics › Re: Ganduje: Ban Fulani Migration To The South Now!!! by Jamesbally: 1:18pm On Jul 28, 2019 |
cokerlino:
Ban almajiris, dismantle sharia and open up the north to southerners. then give us 2 years to think about the ruga thing. share if you agree Ban Prostitution, Rituals and Baby factories in one month. Let's see how your people will survive.
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Crime › Re: Arrested 'Aye' cultist Threatens to Kill All The Policemen Behind His Arrest by Jamesbally: 10:54am On Jul 28, 2019 |
The Guy is a COWARD, only COWARDs join Cultism.
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Politics › Re: Sen. President Lawan, Ogah, Attend Wedding In Sokoto(photos) by Jamesbally: 10:27pm On Jul 27, 2019 |
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Politics › Re: Who Is IPOB Fighting? by Jamesbally: 8:54pm On Jul 27, 2019 |
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