₦airaland Forum

Tobbit:
Hahahahahahahahaha. Yes. Cause when one can't speak about one's activities with high level of intelligence, it means there's rottenness deep within. That's why no matter what he does Arsenal won't sell the club to him so he can white wash his image


He's stripping Nigerians to the bones but just few know it.


Cement should not be more than 2500/3500 Naira per bag.


When Dangote mentioned interest into Tomatoes, the market got destabilised, same Tomato that had revolved around 40/60 Naira for decades skyrocketed to 150/200 Naira


Now let me go deeper into the underlying econometrics of this.


If Tomato is farmed, processed, cost of maritime, haulage to Nigeria and the price steadies around 40/60 Naira for a decade, Home based productivity that benefits the masses should go below the import/retail price for the same size and not Quadriple it.


Which makes me beg our local outfits when they write stories why don't they get experts to run intelligent analysis on issues like this?


How should Tomato farmed in Italy/China cost five times lesser the proposed Nigerian price. And we want to maintain a strict almost closed market structure around it



The same thing is being done to Milk as we speak and will begin to roll out over the next few years


Local productivity isn't just about creating jobs if it's not going to result into subsidised reduction or close in prices to Imported goods, then should we bother about home based productivity atall?



The insult as a macroecononist that I am is Many average Nigerians will say fluctuations, light, power this that and that. Forgetting these guys mostly use casualties labours, generate huge finances from the stock market which in itself ought to be a stabiliser against sudden spikes in production chain


So I beg to wonder where are the elites



If I'm wrong, why is Milo still the same price inspite of different economic realities in the past 5 to 10 years. Kiln maintained the same price for over a decade. Nut No, Dangote must spike prices 50 times every 2 years, yet Nigerians are the ones financing it realistically and getting terrible Dividends that doesn't reflect profits his overall financial standings continue to reflect



I don't think Nigerians have professionals in the media. I doubt.

Aconomist:
When people ask me why I don't invest in Nigeria, remember this thread and responses like this. Nigerians are addicted to stagnation and justify their own demise -- only a fool would put his hard earned capital into a nation of monkeys like this.

Cement prices around the world range from $3 to $6 while Dangote is selling for the equivalent of $11 for a profit margin of 60% in Nigeria compared to an industry average profit margin of 5% to 12%. He is able to charge these high prices because of low competition -- he kicked out competitors by hoarding limestone resources and convincing the federal government to ban imports.

According to Rabiu of BUA Group, Nigeria's real cost of cement production is the lowest in the world. The high prices are because of price gouging and monopolistic behavior from Dangote.

ospreywin:
Just download a barcode scanner to scan it and verify

Abascoh:
75 pounds per protester working. Some of them don't even know what Buhari looks like.

capatainrambo:
Resident doctors in other coutries re not paid. At most hospitals give them stipends. Here they re paid more than the nurses and lab scientists. Clowns.



If we had a govt they will ask be sacked while consultants and hos run the hospitals.but even buhari nor know himself. After budgeting billions for aso rock clinic he has gone to London for what exactly.


Mad people

adenigga:
“By Tuesday, I will invite them back. If they become recalcitrant, there are other things I can do. There are weapons in the Labour Laws, I will invoke them. There is no work, no pay,” Ngige said during a Channels Television programme Politics Today.

“Their employers have a role also to keep their business afloat, to keep patients alive. They can employ local doctors. We won’t get there but if we are going to get there, we will use that stick.”

seyi360:
You can label my article" utter rubbish" ,but does it change the fact that Southerners like you prefer to stay on Nairaland on election day rather than going out to vote?

INDUSTRIALFAN:
even in city driven you see them swerving any how and if you are in range they will bluntly tell you "if I jam you na Sara... nothing go happen and you go die like chicken"... atleast that's what one has said to be before.

seyi360:
The ongoing media noise by Reno Omokri and his comrades as they stage a vexation show on President Buhari at the Abuja house in London labelled #harassbuharioutoflondon is nothing short of the irritant of a fart.

This cacophony of opprobrium gives a sense of deja vu which is not only wrongly timed but also laced with an overdose of pettiness.

His rhetorical grandstanding this time around doesn't seem to sit well with reason.

Is Buhari the only President in the world over with failed promises?

How many presidents gets this kind of embarrassment from their citizens when in the diaspora?

An Octogenarian on a medical trip doesn't deserve this noise and distraction not to mention the nuisance Remo
Omokri has constituted himself into.

President Buhari is still our Commander in chief and he deserves to be respected. His style of governance may not be the best, but please respect the person of the President.

Must we politicise everything? In less than 2 years from now, a new President- elect will be waiting to be sworn in . Why not channel your energy towards getting a better replacement for the President.

Demonstrations certainly doesn't seem like the panacea at this moment. What we need is a revived political consciousness and a well mobilized army of voters ready to cast their votes come 2023.

Southerners are passionate about demonstrations but too lazy to queue on election day. While the North lines up both qualified and underage voters at the polling booths, the sophisticated and educated South would flood the streets with their boots and jerseys playing soccer.

Reno Omokri should rather channel his energy towards 2023 general elections and stop this fruitless embarrassment of our President.

The beauty of democracy is the time limit on each occupant of Aso Villa.

This isn't about holding brief for the President but simple logic.

maureensylvia:
Hmmm
Power drunk is all I see
What happened to our freedom of speech

This can only happen in African countries

INDUSTRIALFAN:
is it SUV that is now good for high speed? The problem is not the speed.... the lexus handled the speed well.... the bad roads in conjunction with the fool behind the wheels of the truck caused the accident because the truck driver could very much see ahead to know à vehicle was oncoming.

muykem:
it is unfortunate that you prefer to silent your God given reasoning capacity for political sentiment. If the property belongs to the government why not take it over and put to use rather than destroy it. Is government has unlimited resources to waste?

reuben81:
This practice is common in the south south and south east,u hardly hear about this kind if thing coming from the nirth

iamadonis2:
We southerners de curse north up and down.
But I tell you most solemnly, their unity and love for each other will continue to help them trample on the south.

See my relative at NNPC for almost 35 years can’t bring another family member in. But common secretary at his office has secretly helped countless northern kinsmen.

And my foolish relative will come home and be whining. E-diot!