₦airaland Forum

Rossikk:
- We CAN and DO refine crude. Get up to date with your knowledge or go ask for a refund on your education, because it's wasted.

- We can't generate enough power? Welcome to the real world. 80% of countries on earth ''do not generate enough power''. Power cuts are the NORM in the world, not the exception. The problem with you and your type is that the only part of the world that exists for you is the western world, which comprises less than 20% of the global population. If you studied the other 80% of the globe you will find that there is NOTHING UNIQUE about whatever we are experiencing in Nigeria. Most countries on earth are 'developing countries'.

- We can and DO produce steel. What are you talking about? Again, go and update your knowledge.

- Which country on earth ''can provide security''? The USA that you probably worship, lose nearly 20,000 people annually to violent crime. Suicide bombers can walk into anywhere in France, Belgium, UK, and blow up themselves, and no one can do anything about it. Don't you watch the news?

-Saudi does not produce much of anything. They can afford to import everything they need, and dash every citizen a Rolls Royce if need be.. Why? Because they have just 28 million people, (less than one twelfth of the Nigerian population), yet their oil and gas reserves are 10 times the size of Nigeria's. They export nearly 10 million barrels per day, while Nigeria exports 2 million bpd. Therefore, comparing the two nations is completely asinine.

Rossikk:
My brother can you imagine?

In fact I bet you if we did a manufacturing comparison between Saudi Arabia and Nigeria, you will find that Nigeria manufactures many more things in far higher quantities than Saudi Arabia.

But nobody will do that research. What they will look for is some senseless, bogus. comparison to make between their self-loathing selves and some Saudi minister's announcement. Because when you already feel inferior, you will only seek out information that will help you confirm your inferiority, not information that will dispute it.

We have serious psychological issues we need to sort out.

Ebukaobi:
The conqueror of terrorists

The chief killer of of Boko Haram animals

The tormentor of IPOB jobless miscreants

The dismantler of religious fanatics

Hated by enemies of Nigeria. Loved by true Naija people

Well done General!
It's like dis IPOB pple dey torment u or u re paid 2 cos division. Cos I don't knw wat ipob has 2 do with dis hero.

chukwudi44:
The CCT chairman is undergoing trial by the EFCC for receiving bribes,this case far predates the saraki case is now the basis for a senate investigation.For those who do not know.He must appear before the senate on thursday or risk removal by the senate.

Joel3:
Advantage & Disadvantage Of Nigeria And China Deal


if you ask me, the only advantage is temporary and divert the existing problem.



Advantage of Nigeria & China Deal

1, to reduce temporary pressure on the dollar

2, cheaper import of Chinese goods & service

3. using Nigeria as a contact point or business hub to other west Africa country

4. short team infrastructure to ease suffering

5. the naira will now be accepted by some Chinese

6. opening of Chinese and Nigeria trade.

Disadvantage of Nigeria & China Deal

1, it discourage local product since its cheaper to import

2. it will increase importation as never before. and most especially this critical time oil is worthless

3. it contradict the slogan of Diversifying Nigeria economy

4. we have little to export to China compared with our import from China

5. the profit margin scale is not balance Nigeria is on the losing end.

6. the long team is disastrous to our economy

7. Chinese yuan is not worthy to bank on inflation will kill our reserve.

8. Chinese will start taking over our jobs and owing a store and storehouses. like it happens in Zimbabwe

9. on the long run there will be scarcity of the yuan just like dollar today.

you are free to add yours.