₦airaland Forum

Economies doing well around the world a private sector driven. Atiku owns businesses that contributes to growth of the economy.

He understands profit and loss. Buharis cows have not multiplied since 4 years. Apart from cook, driver etc paid for by government, buhari has not employed anyone or created employment opportunities for anyone.

That's what obassanjo is talking about.

The money APC paid him is wasted .

kingkakaone:
Mekaboy, always opening thread to insult Tinubu even when Tinubu is not from your region or state.
Could this be fear or frustration Mr mekaboy?

One thing u don't understand is that this your Tinubu insults daily will make some of the Yorubas supporting your party to have double minds because I haven't seen any thread opened by them daily to insult any leader from your region as you do in this forum.

Don't think your party doesn't have supporters in the West.
Most of your threads are always on Tinubu when he doesn't even hold any position in Nigeria.
SMH.



For those that will quote me without brain, please be ready to come with your bullet proof because I am ready.

Since when did the truth become an insult? He supported Ambode like he did buhari. If he was wrong with Ambode, he is also wrong with buhari. Why fix his mistake are state level and want to reinforce failure at the federal level?

Tinubu chose Ambode and made him governor. Today according to tinubu and APC Ambode is incompetent. Then the incompetent Ambode that tinubu brought is accusing sanwolu of being mentally unstable to govern Lagos.

If tinubu can bring an incompetent Ambode to govern Lagos, he can also bring a mentally unstable sanwolu to govern.

To tinubu, ambode was a mistake that needs to be corrected. So he wants to correct his mistake in Lagos, but wants to reinforce the mistake at the federal level.

If he made mistake in Lagos governorship, he also made mistake in the presidency.

So accusing obasanjo of trying to return to power because he wants to correct the mistake at the federal level, means he also wants to return to Lagos government house.

His sins are forgiven.

Kagawa10:
Why don't you make foreign investors do everything for you then? Why do we even have leaders in government when we could have foreign investors? As if it was foreign investors that buit Ghana roads etc. You can't be pdp and be sane. No wonder the clueless Atiku is shouting privatisation everywhere. Yeye.

And yeah, 1 cedis equate to 72 naira. Let that sink in your head.

Lol. Does it mean they buy pure water with 1 cedi? Do you think people will dash you 1 cedi in Ghana? Keep disgracing yourself. Yes, foreign investors can do everything for you and your country can still work. Even the oil in Ghana was drilled by foreign investors and they will recover their money before Ghana takes over it.

There is no comparison between Ghana and Nigeria in terms of return on investment. Investors simply choose Ghana because they rather make little steady money with a government they can trust than loose everything with a government run by a cabal.

Kagawa10:
Read your post again and see if it make sense.

You can't be pdp and be sane.

You have not answered the question. Where does MTN make more money between Nigeria and Ghana?

Kagawa10:
1 dollar is aproximately 5 cedis whereas we have 360 to 1 dollar here yet you dey yarn Okpata.

Which road investment? How dare you compare road to communication networks? Don't you buy sims, airtime and subscriptions everyday? Can you compare that to road users? Abi dis one is mad ni?

Ok you just realized buhari was among the military you accused, and your asking how many years he was. Every problem in Nigeria is an investment opportunity, including lack of education affecting many buhari supporters.

How many years did Buhari spend during his military regime sef? Abeg.

You know what? I will vote Buhari even if to see this newly constructed railway lines comes to its full completion.

Pdp, neva again!

Your ignorance at work again. So because they removed zeros from their currency makes it equal to the dollar? Is 5 cedis like 5 naira?

Aren't people paying to use roads in Lagos? Where is your brain?

Even investors know he is not in charge. Any investor that watched him on NTA will rather burn their money than bring it here.

Kanu is a scammer he should go and rest. We are busy with elections. He should tell that to Israel.

Kagawa10:
Why would I need diesel when I have adequate power supply to power my production in a country like Ghana? Do I even need to constantly fuel my car when I can board a train to my office? You're insane and you don't know it.

Well, you can't be a supporter of pdp and be sane.

I am saying that even if that country runs on 24 hours generator in Nigeria, it's cheaper than steady power in Ghana. Compare MTN sales or profit in Ghana to Nigeria, which place do you think they make more money?

Even with the bad roads and poor power supply.

Kagawa10:
Investing in a country whose naira rate to dollar is at poverty level? You must be having a laugh.

Where were you Jonathan was selling our power sector to his corrupt cronies? Lmao.

So, foreigners are the one to provide good roads for you? Yeye dey smell.

That aside, any sane person out there knows when infrastructures aren't continually maintained, they get destroyed. That was what happened to our old railway lines, refineries, even Power etc. The millitary govt that oversaw Nigeria for years did nothing to maintain any of our infrastructures nor built new ones. We thought the new democratic Pdp govt would take notice of this mess and take it up as their main project but they were no different from the military govt, they looted the country dry for 16 years yet people like you expect these infrastructures that have been left fallow for more than 50 years to suddenly regain its vitality and start to work under Buhari? You're insane and you don't know it.

Fact is our refineries are already dilapidated beyond measure just like our railway lines. The only way is to build new ones even as the FG is already constructing new railway lines as well as supporting Dangote's new refinery. Fact is, our old refineries have become obsolete due to lack of maintenance for many years. Let that sink into your dumb head.

Military was buhari, he came back as civilian and still did nothing.

Yes, investors can fix roads, it's an investment opportunity if you have a good understanding. Is it not investors that fixed the telecom industry that government could not?

So you rather invest in a country where the dollar is 250 naira with 20 million customers to a country where dollar is 300 naira with 200 million customers?
Your not making sense.
Buhari is running this country with your type of reasoning, that's why we are moving back.

Buy then we will borrow from Togo and Ghana.

Kagawa10:
This one like Peter Obi, the dunce thinks it's only labour that drives production cost.

Yeye. Pdp, neva again.

Lol. The first consideration for any investor will be cost of Labour which will definitely be cheaper in Nigeria.

Fuel diesel are more expensive in Ghana. Which tells you that it will be cheaper even using generator for production in Nigeria.

Then the market is bigger in Nigeria. So why Ghana?

It's only the lifelessness of the leader that scares investors from Nigeria.

Kagawa10:
See this dunce. What part of your brain fails to realise we weren't in recession at a time crude oil was selling at high dollar rate of 110? Is this one mad ni?

Check Ghana foreign exchange rate, check their roads, electricity, railways etc and tell me why investors won't flock there?

It's like a foolish farmer who failed to plant during the rainy season in order to have plenty of food in store during the dry season. Instead, this foolish farmer preferred to plant at the time of dry season only for him to scream blue murder about God cursing him because he had little to harvest.

That's the situation of Nigeria today. We failed to save so as to increase our foreign reserve which would have helped our foreign exchange rate nor invest in infrastruture and agriculture which would have ameliorate our poverty rate during this recession time. Instead, Jonathan and his cronies looted the country dry during the time of plenty and today, we're bearing the brunt of it.

It's no coincindence, your looting Jonathan has kept quiet so far even when his pdp cronies are disturbing us with their stupid noise. He knows he's a bad stain already but we will make him realise that keeping quiet doesn't make us forget his sin of plunging us into this mess.

Atiku and PDP, neva again.

You are still not making sense. We attracted more investment in 2015. Now if you are using your brain, you will realize that all those things u listed as a reason why investors are not coming to Nigeria is actually an investment opportunity.

Road, power, oil and Gas are all investment opportunities.

Aren't u surprised that in 4 years, buhari did not repair refineries and could not attract a single investor to take over the refineries?

No matter how much recession we face, the Ghana market can never be bigger than ours. Check the volume of trade between Ghana and other countries, can u compare it with Nigeria?

So why will investors go to Ghana over Nigeria with higher purchasing power?


If you know anything about investment, every investor wants to recover capital in the shortest possible time. Nigeria and Ghana, which country will give faster returns ?

Kagawa10:
Wee you keep quiet? Look at this dunce.

At this time of recession, if an Investor's cost of production barely increased from 10-15 due to him having adequate power supply, good transport system, low energy cost etc eventhough his profits reduced from 50-30, I can assure you he would still manage to survive and endure till everything returns to normal.

Compare that to an investor in Nigeria, whose cost of production is already high due to lack of good infrastructures. When you add that to the recession we have now, his cost of production would probably increase from 30-40 while gaining a profit of 5% in return. Would such investor stay back? That's not to mention the cost of running his own home and stuff in a dilapidated country yet your brain expect such investor to stay back?

Moreso, If our foreign reserves wasn't looted by Jonathan from $48b to $26b, if the eediot had managed to add in more reserve at the time oil was selling at $110 rate instead of looting the little we had, our naira-dollar exchange rate wouldn't nosedive like we have now.

Abeg, some people should get sense this new year.

You keep shooting yourself in the feet. So your saying we had a better country and infrastructure in 2015. We are saying the same thing.

Our population makes Labour cheaper.

Fuel is more expensive in Ghana than Nigeria.

We have a bigger market than Ghana.

Won't you be surprised if Enugu starts starts to generate more revenue than Lagos in the current structure?

You keep exposing Buharis incompetence trying to defend him.

Is it external reserves that MTN is trading with?

Kagawa10:
Crude oil was selling at a high rate of 110 dollars under Jonathan. Compare that to the 50 dollar rate under Buhari. This administration is earning 60% less than the previous regime yet you want miracle? Are they magicians.

Fact is, every country is suffering from recession due to fall in the price of crude oil, even Canada just got out of recession. The point is at a time of this sweeping recession, only adequate infrastructure would make investors stay back and endure in such country, not a poverty country with poor infrastructure as Nigeria.

Use your brain, are investors going to Ghana for crude oil? Did MTN come to Nigeria because of crude oil?

It's confidence in the leadership of the country that drives investors. Will you put your money in a bank where the MD is always accusing the staff of theft?

How many times have u heard Ghana president call Ghanaians lazy or corrupt?

Why will an investor choose to invest in a country of 20 million over 200 million if not bad leadership?

Kagawa10:
Why not? When they have good roads, adequate electric supply, good railway system etc. Which investor would leave his eldarado of a country to do suffer head for a poverty country like Nigeria? E no go well with Jonathan.

Investors are after profit and not roads. Nigeria had more FDI under GEJ. Do you think investors don't watch Nigerian news and interviews with Buhari?

When MTN, Shop rite Etc came into Nigeria, was Buhari president? Was it roads that brought them?

If the president of US allegedly referred to him as LIFELESS, what do you think investors will see him as?

Investors have to be sure of the president they are dealing with. When the wife of the president tells the world he is not in charge, investors won't want to gamble in such a place.

The only investors waxing strong in Nigeria are herdsmen.

Ghana has overtaken Nigeria in Foreign Investment. The LIFELESS result is showing.

https://www.nairaland.com/4977788/ghana-overtakes-nigeria-foreign-investment#75028838

Soon we will borrow from Ghana.

https://www.nairaland.com/4977788/ghana-overtakes-nigeria-foreign-investment#75028838

Ghana has overtaken Nigeria in Foreign Investment.

https://www.nairaland.com/4977788/ghana-overtakes-nigeria-foreign-investment#75028838

That is what happens when u have a LIFELESS cabal run economy. Imagine investors now prefer to invest in a country with the population of Lagos alone than a country of over 180 million. All because we have who as president?

Ghana was West Africa’s largest recipient of foreign direct investment in 2018, a new report by the United Nations Conference on Trade and Development (UNCTAD) has shown.

The report titled ‘UNCTAD Global Investment Trends Monitor’, which was released on Monday, said Nigeria recorded a 36% decline in FDI in 2018.

Foreign direct investments are investments made by a firm or individual into business interests located in another country. It differs from portfolio investments in that FDIs includes establishing ownership or controlling interest while investors only buy equities in foreign companies in the latter.

“Africa registered a 6% increase in FDI inflows in 2018 (US$40billion, up from a revised US$38 billion in 2017), but the growth was concentrated in few economies and the aimed for the shift from the natural resources dominated FDI profile of the continent towards a more balanced sectoral distribution was only partially visible, in that the relatively diversified economies, such as Egypt and South Africa, saw more stable and increasing FDI inflows,” the report read.

“Egypt with an increase of 7% from $7.4 billion to $7.9 billion, was the biggest recipient of FDI in Africa in 2018 with investments in real estate, food processing, oil and gas exploration and renewable energy.

“In contrast, flows to the two largest oil producers of the continent, Nigeria (-36% to $2.2 billion) and Angola were low, with a decline and a net divestment respectively.

“In West Africa, Ghana ($3.3 billion) overtook Nigeria as the largest recipient of FDI in 2018. However, Nigeria reported a few significant greenfield project announcements in the oil and gas and chemical sectors, which could lead to a recovery in 2019.”

According to the report, the drop in FDI was most felt in developed economies, where inflows fell by 40%.

The dip recorded globally has brought FDI to the low point it reached after the global financial crisis.The
https://www.thecable.ng/ghana-overtakes-nigeria-as-west-africas-largest-fdi-recipient-in-2018

They have the army, navy, police what they need now is judiciary to perfect their rigging plans.

Lol. Coward.

Valid point. You can't let those who sold their destiny for peanut to sell that of the entire nation.

He should tell that to transparency international that rated this administration higher in corruption.

Shawnnn01:
Who is this Biafran clown ?

You are the clown in this case.