₦airaland Forum

MadPolitician:
The increase in tariffs at the ports was a well thought out idea to kill off imports. On the surface, it looks like the government was operating with an altruistic mindset to stimulate local production. But when you take into consideration, the fact that there has been practically no new inventive policy to cause anything close to a "production revolution" in Nigeria by Tinubu and his gang over the last two years, it starts to dawn on you that the mafia in power, has a totally different agenda. Or maybe totally bereft of ideas.

You dont orchestrate local production by just closing boundaries and quadrupling import tariffs on essential basics. You do so by creating solid industrial banks, with warehoused funds to lend to serious entrepreneurs at reasonable interest rates, improving power, identifying productive areas where businesses in the country can have competitive advantages vis a vis foreign competitors, training the youths in different skills acquisition projects to help produce quality products that are good enough for the international markets.

We are not yet doing any of those. Even the local car manufacturing facilities, are left on their own as they fight with banks for their money. Most of the parts they use for production, are imported and these imports go through the new high imports tariff regime, thereby effecting the price of the final products locally. In essence, Tinubu is now earning less at the ports from car imports, because by hiking import tariffs, he has chased away the real importers, yet can not earn anything as taxes from any new companies springing up, because his total economic strategy is chasing away businesses, rather than helping them.

Nicepoker:
I am very sure you ain't good in mathematics

helinues:


The election losers will find one silly excuse while they lose sha ni

Tell us the results you people collated from your collation Center and let's compare it with Irev's own

ourcrudeoil:
Yes bigger than Nigeria budget. Bro the minerals resources that's been stolen every year is times two of Nigeria budget. The Federal government is aware of it.

LagosFc:
this one is late to the party i thought anyone that contested under loser party LP is a saint and they all came from another planet😂😂

Konquest:
The man (Orji Kalu) himself has some investments through his company in the solid minerals or mining sector which he was referring to in the video. Towards the end of the video reportage, he did CLEARLY say that oil which Nigeria depends on is going out of fashion in many countries of the world and it important to focus on the mining of solid minerals found all over Nigeria with the provision of armed forest rangers to tackle the illegal mining menace which has led to the smuggling of solid precious minerals (Just like what is going on in the Democratic Republic of Congo).

MadPolitician:
He is saying the truth.
The amount of solid minerals and precious metals that are being stolen from Nigeria on yearly bases is alarming.

id4sho:
Which harvest, Treasury harvest ko! Fruits ni!

SarakiBukola:
Nigeria needs 1st Class not 3rd.

All what you are writing is gazelle gragra Balabalu

Ebubu:
But when Tinubu builds a new residence for VP under this hard economy, Anambra people will be complaining.

Now they are building new Government House with taxpayers' money during Hardship when focus should be on ameliorating hardship of the people.

Peter Obi won't condemn this

Hope when EbonyiAir comes on Air by Ebonyi state Government with 3 Aircrafts very soon, nobody from South East will come online to shout misplaced priority.


That would be double standards as usual

Freetech:
Shameless professionals

The cost of drugs is on the high side because pharmacist refuse to produce drug locally with locally available raw materials.

Most of the drug in Nigeria are of low quality as ll from China and India.

Currency devaluation objective is to reduce and divert economy from import to export.

Modified,
Complaining about machines, power still boil down to the fact that Nigerian professional are lazy and shameless.

These are same people shouting production ooo, but they are the inporter of FAKE and substandard product. Yes very profitable

China and India where we import everything from now started from somewhere. They endured pain loss of profits and even resources.

When you import, you are depriving govt of tax, unemployment increased and infrastructural development is slowed

flokii:
Always have it at the back of your mind that there are 3 sides to every story.. the victim's side, the accused side and the truth.

Once you base your judgement on one side of the story, know your IQ is very very low.

Reno deserves to be happy, he deserves a good woman, same goes for the ex-wife. She has no business trying to whip up sentiments now that Reno has found happiness.

EvilMerodack:



So the guy wan dey hold multiple positions

Why are Nigerians like this?

By the way, he's not being active enough as a Presidential Spokesperson. This guy has made mad PR overshadowed the good work of the President, so much that you'd need to dig too deep to see what PBAT is doing

Rest Ngelale

Lithiumite:
To obidients who think this is a big deal.

Thundafireseun:
He had power as Anambra governor yet he was impeached in his 1st tenure

Lithiumite:
Then what would you say about the man that allowed his 2 opponents into his bus and gave them a ride!!