Justcash's Posts
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[quote author=eku_bear link=topic=609593.msg7789650#msg7789650 date=1298519895]What is your reasoning for saying this? I calculated the cost of the buses earlier in the thread. $67K or so, iirc. What is Innoson's price, and why would the price balloon to 5X of that? So my question for you is this. How much are you willing to overpay for the gov't to support Innoson? 1.1X? 2X? 5X? Everyone has a different price point. What is yours? Me, 1.1 or 1.2X is the most I'm willing to pay. I don't think anyone is against creating jobs. But if it is an industry you are subsidizing, you have to ask yourself if the benefits outweigh the costs. This depends on how much you have to spend on subsidies, and how much benefit is derived from the subsidy (in terms of jobs, etc, etc). Well, investors usually look to invest if they can make a profit. If there is only profit to be made with massive subsidy. . . not clear that it benefits either side.[/quote][b]WITH THE WAY YOU ARGUE, ONE WOULD ACTUALLY THINK THAT AMERICANS WERE FOOLS FOR ALLOWING OBAMA'S ADMINISTRATION TO BORROW MONEY FROM CHINA TO BAIL OUT SOME OF THEIR AUTO MANUFACTURERS. THEY WENT AGAINST THEIR CORE CAPITALIST PRINCIPLES TO DO THAT. THAT IS A CASE OF HOW MUCH SUCH AN INDUSTRY CAN MEAN TO JOBS AND TAX. THEY COULD HAVE AS WELL ALLOWED AMERICAN AUTO MANUFACTURERS TO FOLD UP, AFTERALL THERE ARE CHEAPER ASIAN CARS .E.G. TOYOTA THAT COULD SUPPLEMENT THEM. YOUR ATTITUDE IS NOT NEW TO ME. MANY NIGERIANS LIKE YOU PREFER TO BUY IMPORTED"POLO" BY RALPH LAUREN SHIRTS AT THE RATE OF 1500-20000, WHEN THERE ARE NIGERIAN MADE POLOS THAT COST LESS THAN 2000, THAT CAN BEAT BIG BRANDS IN THE LONG-TERM IF PATRONIZED. STOP TALKING ABOUT GOVERNMENT SUBSIDIZING ANYTHING FOR AUTO- MANUFACTURERS. THEY DON'T HAVE TO. ALL THEY HAVE TO DO IS TO TRY TO STIMULATE EMPLOYMENT FOR NIGERIANS THROUGH USING POLICIES TO ENCOURAGE THEM. AT THE MOMENT, GOVERNMENT EVEN GAT A BIG LOAN FACILITY FOR AUTO MANUFACTURERS. IS THAT THE SOLUTION? NO! THEY SHOULD HELP TO CREATE PATRONAGE FOR THEM, THEREBY ENCOURAGING JOB CREATION. I DON'T INTEND TO ARGUE ANY LONGER WITH YOU. I FEEL LIKE I AM TELLING YOU THINGS YOU SHOULD HAVE LEARNT. WELL, I ENCOURAGE INNOSON TO SEEK FOR A WAY OUT OF NIGERIA IF HE IS NOT MAKING ANY PROGRESS. I HEARD THAT HE IS BEING PATRONIZED BY TRANSPORTERS AND SOME SOUTH-EAST GOVERNORS. [/b] |
[quote author=eku_bear link=topic=609593.msg7789579#msg7789579 date=1298518200]See the thing is, when one has to jump to racism/bigotry as the first explanation, it suggests poor reasoning. We still have not seen a price quote from INNOSON or this other company. Almost certainly, the bus costs more from them than the Chinese company (for obvious reasons.) At that point, it isn't "despise products that are made in Nnewi", but another businessman saying, "Damn, why should I pay more for this locally made item when I can get it cheaper abroad?" So what does all this tribalism stuff that you brought up have to do with anything? Should we point a gun at anyone's head and say he MUST buy the more expensive product? Why not instead attack the problem of making the locally produced goods CHEAPER? Help the local businessman by fixing electricity. Maybe by providing healthcare benefits for his employees. Tax holidays. Subsidize fuel for him. Whatever. There are so many ways to attack the problem. We can debate the relative merits of each. But instead of having such a debate, ya'll are just whining and crying, especially OnlyTruth's bleatings about the international community.[/quote][b]1. BY THE TIME THOSE BUSES ARRIVE IN NIGERIA, THEY WILL BE 5 TIMES MORE EXPENSIVE THAN INNOSON'S BUSES. 2. IF INNOSON HAS DEFIED ALL THE ODDS, AND IS PRODUCING NIGERIAN MADE CARS, WHAT IS STOPPING THE FG FROM HELPING TO PROTECT THEM FROM FAILURE? 3. WE CRY ABOUT LACK OF JOBS, WHY CAN'T FG USE ONE STONE TO KILL 20 BIRDS BY STIMULATING EMPLOYMENT THROUGH ENCOURAGING MORE AUTO MANUFACTURERS TO SPRING UP. DEFINITELY THEY WOULD SPRING UP IF INNOSON BECOMES SUCCESSFUL. 4. WHY NOT ALSO USE THE CRAZE FOR IMPORTED CARS TO CREATE A SOURCE OF NATIONAL INCOME, WHILE ENCOURAGING LOCAL MANUFACTURING AND FDI? 5. LOCAL AUTO MANUFACTURERS CAN ONLY GROW AND PRODUCE BETTER PRODUCTS IF THEY ARE ENCOURAGED AND SUPPORTED. FOR EXAMPLE, IF INNOSON CANNOT EMPLOY INTERNATIONALLY RENOWNED TOTAL QUALITY MANAGERS(TQM) NOW, HE CAN DO IT IN FUTURE WITH MORE PROFITABILITY AND URGE FOR CUSTOMER SATISFACTION. THE WAY THINGS ARE GOING, IF THE FEW AUTO MANUFACTURERS IN PLACE FOLDS UP, INVESTORS WILL NOT DARE TO INVEST IN THAT SECTOR. OFCOURSE BUSINESS IS DONE WITH CASE STUDIES AND SCENARIOS. .[/b] |
jason123:LMAO!!!!! YOU ARE STILL MAKING TRIBALISTIC STATEMENTS WHILE TRYING TO JUSTIFY MY SUPPOSED BIAS THAT IS NON EXISTENT. WHOEVER TOLD YOU THAT I THINK PEOPLE HATE IGBOS? LOL! I AM A STRONG ADVOCATE OF A POLITICAL RE-ORIENTATION IN NIGERIA. THIS IS PURELY FOR THE SAKE OF PEACE AND PROGRESS. I ADVOCATE FOR A CON-FEDERATION OR OUTRIGHT DIVISION. MY PERSISTENCE ON DIVISION IS BASED ON THE FACT THAT NIGERIANS ARE NOT READY TO ACCEPT A CON-FEDERAL SYATEM OF GOVERNMENT. MY BELIEF DOES NOT IN ANYWAY MAKE ME TRIBALISTIC. NOW, YOU AND YOUR DAPO ARE ALWAYS READING TRIBAL MEANING IN EVERYTHING. DAPO WAS FAST TO INSULT IGBOS BECAUSE I HAD A DIRECT ARGUMENT WITH HIM. MY POINT IS THAT, IT IS YOU AND THE LIKES OF DAPO THAT NEEDS TO CHANGE YOUR MINDSETS, TO AID YOUR CONSTRUCTIVE REASONING. HOWEVER, THE WAY YOU TWO REASON (IN A TRIBALISTIC WAY) CLEARLY GIVES A GOOD REASON WHY NIGERIA NEEDS A DIVISION. IF NIGERIA WAS ONE, YOU TWO WOULD NOT BE READING TRIBALISTIC MEANING IN EVERYTHING SAID BY AN IGBO. |
[quote author=eku_bear link=topic=609593.msg7789521#msg7789521 date=1298517011]You aren't involved in any sort of legitimate business, simple as that. Don't get mad at me for that.[/quote]I AGREE . SO GO AND REST IN PEACE. MAY GOD GRANT MY PRAYERS TO STAY FAR AWAY FROM A COW LIKE YOU AND YOUR LIKES.jason123:SO STATING THAT NIGERIANS DESPISE PRODUCTS THAT ARE MADE IN NNEWI AND NIGERIA [/b]IMPLIES IGBO SUPREMACY AND TRIBALISM? STATING THAT I DON'T EVEN ADVISE [b]ANY PROFIT FOCUSED MANUFACTURER IN NIGERIA, ESPECIALLY MY IGBO BORTEHRS, IMPLIES IGBO SUPREMACY AND TRIBALISM? MAKING ILLUSTRATION WITH AN IGBO NAME IMPLIES IGBO SUPREMACY AND TRIBALISM? THINK WITH YOUR HEAD AND NOT YOUR HEART. YOU AND EKU-BEAR READ TRIBALISTIC MEANING UNNECESSARILY, AND IT IS BECAUSE YOU GUYS HAVE PROGRAMMED YOUR MINDSETS THAT WAY. |
jason123:HOW DOES THESE STATEMENTS IMPLY IGBO OR BIAFRAN SUPREMACY? |
[quote author=eku_bear link=topic=609593.msg7789490#msg7789490 date=1298516354]Jesu! So you are saying that Nigeria has a competitive advantage over China when it comes to manufacturing?! If it did. . . then this thread would not even exist, would it? If I remember correctly, even labor in China is slightly cheaper. Not to talk of the numerous other inputs.Fake businessman! You are a drug mule sitting in Japan somewhere. What do you know of business when you swallow cocaine wrapped in condoms? Abeg, let me not report you to your local authorities.[/quote]LIKE I SAID, ARGUING WITH YOU WILL AMOUNT TO GIVING FREE EDUCATION TO A DUNCE. |
jason123: I never stated any Biafran/Eastern supremacy stuff. Show me where I did. You, eku-bear (Goat) and co are turning it into a tribal issue. You guys seem not to know when you do that. It seems to be a big part of y'all. Look at eku-bear screaming Igbo everywhere as if anyone cares about where his moronic self is from. |
jason123: How did I look at it from a Tribal angle? Between Nigeria and China, who got more comparative advantage in terms of cost of manufacturing? Why do you think spending millions in the process of importing and on the products themselves makes more sense than just doing it in Nigeria? Your Dapo knows nothing. You don't just need theoretical knowledge to understand what I am saying. You need practical knowledge. |
alj harem:Dapo and you reason like goats. Especially you. You are a bigger goat because you over value your "goaty" mate. Just a fact. |
[quote author=eku_bear link=topic=609593.msg7789354#msg7789354 date=1298513674]Lol. Your argument is garbage. And never in your life put my name and m.oron in the same sentence. You who are not fit to lace my shoes, calling me a m.oron? I laugh in Igbo.[/quote]Look at how many made in Japan electronics that you have. You may just have my brand among them. Those products would have been made in Nigeria if your local and illiterate brain was big enough to understand the principles of economics. If you think it is cheaper to manufacture in a foreign land than in Nigeria (Even with all the lack of basic infrastructures), then you must be a Demented Ass-h_ole. Don't worry, one day, you will wake and find a Chinese Eku-bear, and you'll feel it is okay to have another slowpoke that is made in China. Ewu! |
againstGEJ:If you did not understand or see the points in what I wrote, then you may be either Myopic or simply Uneducated. FYI, I am a Manufacturer. I do so in a foreign land and export to Nigeria because of morons like you. Contrary to your prayers, Nigeria will divide. By the way, If you could only understand my disintegration statement from the angle of this bus issue, then your problem must be about being uneducated than myopic. You are screaming revolution as if you will stand if it happens. Which group in Nigeria ever revolted against Nigeria? What happened to them? I am Igbo if you must know. I will rather stay away from your stupid enclave than argue about how to revolt again and be backstabbed. I bet an uneducated person like you does not know the history of your enclave. |
[b]This is the reason why Nigeria will never ever develop. Nigerian leaders and some Nigerians are annoyingly blind. Look at morons arguing that it is better to import cars into Nigeria than manufacturing them. Do you all know that in this type of deal; 1. Purchase Agency Consultancy services will be paid for? 2. Export and Import fees will be paid? 3. Shipping cost will be paid? 4. The Cost of Buses will be paid for? 5. Internal transportation of those buses to their locations will be paid for? If the buses were bought from Nigerian manufacturers; 1. Cost of Buses will be paid for. 2. Internal transportation cost will be paid for. 3. The buyers can personally supervise the production of their buses. 4. The local bus manufacturers can easily offer first hand maintenance servies 5. Jobs will be created during Production, sales and Maintenance. Now, can someone tell me which one is preferable? those of you talking about quality does not understand that the buyers will have a higher chance of supervising and ensuring quality when these buses are manufactured in Nigeria than when they are made in China. WHAT IS WRONG WITH NIGERIANS? MY GOD!!!!!! SEE AN OPPORTUNITY TO CREATE JOBS, YET SOME NIGERIANS ARE AGAINST IT BECAUSE OF SOME STOOPID REASONS. HOW CAN JOBS BE CREATED WHEN WE KEEP IMPORTING THINGS THAT WE CAN MAKE FOR NO GOOD REASON? All the government needs to do is to impose tax on imported cars and make them costlier than locally made cars, so that the local manufacturers can gain some patronage to aid their survival, while the government will make income from the tax (People will keep buying imported cars). common sense! In the long run, this will make popular car manufacturers to embark on FDI in Nigeria, because Nigeria's population is just too attractive, and more jobs will be stimulated. Gawd!!!! Some Nigerians are so dumb!!! How can Nigeria's dwindling manufacturing base be salvaged when Nigerians think that it is safer and cheaper to import from outside? I detest eku-bear and those that feel that Nigerian manufacturers are not worth patronising. Pardon me, but their arguments just showed how useless some Nigerians are. If I produce DVD machines in Japan, and decide to call them a twisted "Nnamdi" e.g Nnamotosoki. Eku bear and his fellow morons will rush to buy them, than if I had a branch in Nigeria that had produced the same DVD machines and simply called them"Nnamdi". These DVD machines may be produced in Nigeria by the my same Japanese employees, with the same equipments and same quality. Yet it will be despised because it is made in Nnewi and Nigeria. Nigeria is a hopeless country. I don't even advise any profit-focused manufacturer to manufacture in Nigeria, especially my fellow Igbos, because their products will be despised. Until disintegration of Nigeria becomes a reality, Nigerians shall never see progress. It will be 1 step forward, 1000 steps backwards always.[/b] |
fstranger3: LOL! F_OOL! You are beating your chest about ACN in your poverty ridden shaft. ACN is a Nigerian party and not a Yoruba party, so I can say Tinubu is a Cow and nothing will happen. I will criticize him at any time. You can go and hug a wet transformer if you don't like it. Tribalistic illiterate. By the way, I'll suggest that you should go and register in an evening school in order to get proper education and less time in Nairaland. You also need to go to a reform home to cure your acute level of tribal hate. Anumanu. Keep wanking. |
rhymz:Abeg, help me tell them. Every statement against a Nigerian from the Yoruba ethnic group by an Igbo man is now a sound of war drums. This Ethnic blindness is the reason why I believe Nigeria will break in no time. |
seanet02:See a freaking Tribalist wanking in this thread because I mentioned that Tinubu should stop exhibiting unnecessary arrogance. How does talking against Tinubu mean talking against the Yoruba race. You are a big dirty F_OOL. Keep Wanking, it is your job. You got a snail brain, Little wonder why Tinubu Found it easy to deceive an illiterate like you that he is your father. Very soon he'll tell you that he created you and your whole generation. Animal. Anyway, what even brought about this Igbo vs Yoruba issue in this thread? Is this how mentally ill you are? Is ACN a regional party? You are very very stoopid |
Look at him ranting confidently that Jonathan will lose in the SW, when all Jonathan needs to do is to rig, and PDP will own all the states in SW. He should Shut up and pray hard for ACN to win in the states that they occupy now. Except he plans to rig too, ACN is not yet sure of any state. At the end, he will cry and go to courts as usual to gain justice after four years, only to forgo the seats again in the next elections. You’ll Lose in S'West, Tinubu Tells Jonathan Former Governor of Lagos State and a chieftain of the Action Congress of Nigeria (ACN) Asiwaju Bola Tinubu has called on people of the southwest mostly the Yorubas not to cast their votes for President Goodluck Jonathan for calling their leaders rascal, stressing that Jonathan’s statement will not allow people of the region vote for him in the April elections. While addressing a mammoth crowd at the Ake Place Ground in Abeokuta Tuesday at the flag off of the campaign of the governorship candidate of the party in Ogun State, Senator Ibikunle Amosun, Tinubu disclosed that Jonathan has abused both the elderly and the young in the southwest, saying “Jonathan abused our parents, sisters, brothers, we are going to tell him we are not rascals, we won’t give him our votes.” The party’s flag off campaign for the April general elections had in attendance notable Yoruba leaders including national chairman of the party, Chief Bisi Akande, governor of Edo State, Comrade Adams Oshiomhole, his Lagos counterpart, Mr. Babatunde Fashola and National Publicity of the party, Alhaji Lai Mohammed. Tinubu however condemned the statement credited to Jonathan that the southwest leaders are rascals saying the president has insulted fathers, mothers including the young ones in the region by his unguided statement. He urged the people of the southwest to understand their pedigree and the position which God has placed on them in the affairs of the country stressing that the southwest has produced notable Nigerians who had contributed in no small measure to the socio economic and political development of the country. He added that Jonathan would be punished for such statement at the general election saying he cannot make such comment here and have the votes of people in the region. He therefore said the situation in the state was unfortunate but maintained that the time for change has come through the standard bearer of the party in the state, Senator Ibikunle Amosun. He described Amosun as a courageous man that will transform the state and move the state to a greater height. Tinubu equally called on the youth across the state to take their destiny in their hands saying they should follow the trend of change in other part of the country especially the recent one in Egypt where people sparked off revolution but ours would be through democratic process. Akande who stormed the ancient city of Abeokuta to wish the incumbent administration of the Peoples Democratic Party (PDP) goodbye in the state, said ACN is set to sweep away poverty, unemployment, among others. He advised the youth in the state to rise up to the task of rebuilding Ogun sate before handing over the party’s flag to Amosun. Amosun in his speech advised the factional governorship candidate of the Peoples Democratic Party (PDP), Chief Tunji Olurin not to insult the intelligence of the people of the state, over a statement credited to the latter that he was on a mission to rebuild the state. He said Olurin statement was unthinkable considering the fact that it was his party, PDP that misruled the state in the last eight years, adding that he (Olurin) openly insulted the intelligence of the people of the state. According to him “just last week the unthinkable happened, the gubernatorial candidate of the PDP, General Tunji Olurin (rtd) openly insulted the intelligence of the good people of Ogun State by saying he is equally on a mission to rebuild Ogun State. Is this not laughable?” Amosun, who contested on the platform of the All Nigeria Peoples Party (ANPP) in 2007, asked residents of the state to ensure that their vote counts in the April elections. Source: http://www.thisdayonline.com/ |
Ghaddaffi is a confirmed Mad man. He is slaughtering his people because he wants to hold unto power. He sent Some Colonels to go and bomb the protesters. Some of the Colonels refused and went to Malt instead, where they were promptly arrested. Mercenaries, made up of West Africans were hired to Shell the crowd of protesters. It is a Massacre. Ghaddaffi is believed to be on the run to Venezuela. Is this the sort of thing that would have happened in the United States of Africa that Ghaddaffi proposed? Looks like the sort of thing Nigerian Leaders can do. What a Shame! Source: Watching it on Al jazeera |
alj harem:ACN's choice was a bad one. Ethnic politics aside, it is really a bad choice. Politics is who gets what, when and how. ACN should have played the political game as it is now, then implement change when they wrestle power. FYI, I am not in doubt of the Integrity of the man that was chosen. Infact, I don't even know him. My Question is, why him? How many votes can he win out of 60 + million votes? Well, I am quite disappointed that Tinubu and co are this politically confused. If they can't get a material that gat quality and popularity, why dint they go for any one with popularity for the time being, till they succeed in wrestling power? Well, I care less though. I am just abit surprised. |
Central Bank of Nigeria (CBN ) Governor Lamido Sanusi said on Monday he did not believe that the naira was over-valued and criticised advice from the International Monetary Fund (IMF) which last week recommended greater exchange rate flexibility. "We do not believe that the naira is over-valued , We do not believe that at a time when the oil price is going up and output is going up we should be losing the value of our currency," Sanusi told CNBC Africa television. "We also do not think that it makes sense, if the IMF is concerned about inflation, to ask a country that is import dependent to devalue its currency , So the advice given by the IMF, frankly, is not based on sound economic logic." The IMF issued a statement last Thursday after its latest round of consultations with Nigeria, in which it noted foreign reserves had been falling and speculation against the naira could "become intense" if the depletion continued. Sanusi said the International Monetary Fund had gone ahead and published the advice without giving Nigeria's position. Source: http://www.businessdayonline.com/NG/index.php/news/76-hot-topic/18377-cbn-governor-says-naira-not-over-valued |
[quote author=EzeUche_ link=topic=608551.msg7774205#msg7774205 date=1298308466]Well it is the truth. And it not just a small number of non-Yorubas that are present in the South-West. We are talking millions of people. [/quote]If they had to Yorubanize it, they should have used a political heavy weight .e.g. Tinubu, Fashola etc that can pull a considerable number of supporters. It is simply a political blunder. Fashola would have been a killer choice. |
jason123: The guy that was chosen is politically a "Non-entity". He is a nobody. To grab that post from PDP, they need someone that can win votes, not a ghost from nowhere. How will that guy complement Ribadu (Who is also politically naive)? |
ACN Committed a serious Political blunder, simple and short. It's not just about Tribalism now, it is about the nature of the game. They should have cooled down till they capture power before they start exposing their "Yorubaness" as some asserted here. |
dayokanu:How many registered voters in the SW are Yorubas? |
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take my advice go sleep
Who is the tribalist here? Moreover, what effect would that make