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WTO: Nigeria Is Number One Importer In Africa - Politics - Nairaland

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WTO: Nigeria Is Number One Importer In Africa by HonNL: 1:08pm On Apr 16, 2021
Nigeria is the number one importer of commercial services in Africa in 2020, data released by World Trade Organisation showed on Friday.

World Trade Organisation

WTO noted that preliminary estimates were based on quarterly statistics.

“Figures for a number of countries and territories have been estimated by the Secretariat,” it said.

“Data for 2020 are not yet available for the United Arab Emirates. In 2019, commercial services exports were valued at US$72 billion and imports at US$73 billion.”

SOURCE

Re: WTO: Nigeria Is Number One Importer In Africa by Nigeriabiafra82: 1:09pm On Apr 16, 2021
and guess the importer cheesy
Well none of my business
If we can import President ,naira and passport
What else can we not
while igbos are importing goods
Some are importing herdsmen and bandit

27 Likes 1 Share

Re: WTO: Nigeria Is Number One Importer In Africa by Easternmind(m): 1:18pm On Apr 16, 2021
Wow,they import even toothpick and fake plastic rice from China.

16 Likes 4 Shares

Re: WTO: Nigeria Is Number One Importer In Africa by Kzinne: 1:18pm On Apr 16, 2021
,
Re: WTO: Nigeria Is Number One Importer In Africa by HonNL: 1:19pm On Apr 16, 2021
Egypt leads Africa in top exporter's list.

4 Likes

Re: WTO: Nigeria Is Number One Importer In Africa by festacman(m): 1:24pm On Apr 16, 2021
This is not looking good at all. If a country can't produce to export to earn, it wiĺl remain poor of course.

We need policies and programmes to encourage local production at both federal and state levels.

- The massive young people of Nigeria are not productively engaged inspite of being willing and ready to work. They have taken to football betting, political thuggery, yahoo yahoo, drug pushing and banditry to survive.
- Politicians have loads of money stolen, idling away in hidden places.
- The highly liquid Eastern traders have loads of money idling away in banks and most times just in end up construction of buildings that are unoccupied.
- Our arable lands are underutilized. Our harvests go to waste because we can't process and add value.
- State Governors go cap in hand to Abuja to collect money instead of encouraging production in their states to boost IGR. Even when money is printed, they will gladly take it to squander and turn around and blackmail CBN.

We are sinking. We need robust Industrial Roadmap asap. We need to start producing to export. Federal and State governments need to wake up.

22 Likes 3 Shares

Re: WTO: Nigeria Is Number One Importer In Africa by jimi4us: 1:26pm On Apr 16, 2021
Because we are allowing criminal Ghanaians to come into Nigeria to buy Dollar imported goods which is not supposed to be.

We're putting tremendous pressure on our Naira through import of goods and fuel. What so-called ECOWAS countries do is to bribe our customs and buy things that they shouldn't be allowed to buy like electronics, spare parts and fuel.

Why I called out Ghanaians is because they cried more than the bereaved (Niger Republic and Benin Republic) when we closed our borders.

Their trade unions beat and bounced on our citizens trading in their country as retaliation. Nigerians wake-up this whole ECOWAS bulshit is a scam

because the dollar to naira is being subsidized by the government for importers we shouldn't allow these wicked ECOWAS countries to come in here and shortchanged us

6 Likes 3 Shares

Re: WTO: Nigeria Is Number One Importer In Africa by Skyfornia(m): 1:41pm On Apr 16, 2021
Number 1 importer in africa and probably the least when it comes to export....

I'm not against importation but we should also back it up with exportation... that's one of the ways to grow our economy.

We can't be consumers only....many things are not right about this country.

6 Likes

Re: WTO: Nigeria Is Number One Importer In Africa by donprinyo(m): 1:41pm On Apr 16, 2021
lazy leaders
Re: WTO: Nigeria Is Number One Importer In Africa by Nobody: 1:42pm On Apr 16, 2021
We can thank our Igbo brothers for that.

1 Like 1 Share

Re: WTO: Nigeria Is Number One Importer In Africa by mcmbonu: 1:42pm On Apr 16, 2021
Lol.
Re: WTO: Nigeria Is Number One Importer In Africa by 96ACE: 1:42pm On Apr 16, 2021
Point of correction.
Nigeria is number one dumping ground for every rubbish.

16 Likes

Re: WTO: Nigeria Is Number One Importer In Africa by NwaNimo1(m): 1:43pm On Apr 16, 2021
Re: WTO: Nigeria Is Number One Importer In Africa by UstazAhmed(m): 1:43pm On Apr 16, 2021
This is what Buhari want to put an end to but southerners will never allow that happen. He closed the borders and they are weeping. Is this the way to develop the nation? Tomorrow they want us to vote for Tinubu or Osinbajo, DOA. We must continue ruling this nation anyhow we want. Thanks to Allah Mahmoud of INEC was reinstated and he's to conduct the next elections.

2 Likes

Re: WTO: Nigeria Is Number One Importer In Africa by jaxxy(m): 1:44pm On Apr 16, 2021
We like to be no1 bt mostly in nonsense and ingredients. Lol

Osinbajo keeps sweet talking us every day u will think Nigeria is South Africa or Dubai.

1 Like

Re: WTO: Nigeria Is Number One Importer In Africa by Sammy07: 1:44pm On Apr 16, 2021
It is very bad for us as a country.

We should be a major exporter of those services not importer.

1 Like

Re: WTO: Nigeria Is Number One Importer In Africa by datola: 1:45pm On Apr 16, 2021
Shame!
Re: WTO: Nigeria Is Number One Importer In Africa by BlessedNuel: 1:45pm On Apr 16, 2021
Noted...na inadequate infrastructal management dey cause am
Re: WTO: Nigeria Is Number One Importer In Africa by GeneralPula: 1:45pm On Apr 16, 2021
75% of what is being imported in are fake things from China..

Thanks to Flatinoz !

4 Likes

Re: WTO: Nigeria Is Number One Importer In Africa by candidbabe(f): 1:45pm On Apr 16, 2021
I thought as much
Re: WTO: Nigeria Is Number One Importer In Africa by BruncleZuma: 1:46pm On Apr 16, 2021
grin grin grin grin

Country when dey import kpomo what did you expect?

1 Like

Re: WTO: Nigeria Is Number One Importer In Africa by slivertongue: 1:46pm On Apr 16, 2021
of course. we know but garba shehu and femi adesina will soon come out with jaundiced narrative
Re: WTO: Nigeria Is Number One Importer In Africa by Chirowman(m): 1:47pm On Apr 16, 2021
Ok
Re: WTO: Nigeria Is Number One Importer In Africa by Myer(m): 1:47pm On Apr 16, 2021
HonNL:
Egypt leads Africa in top exporter's list.


You don't even need a Bsc in Economics to know why our Naira is crashing on a constant.
Re: WTO: Nigeria Is Number One Importer In Africa by loba18: 1:47pm On Apr 16, 2021
Killing the naira. The importers should take it easy please.
Re: WTO: Nigeria Is Number One Importer In Africa by Bishop(m): 1:48pm On Apr 16, 2021
UstazAhmed:
This is what Buhari want to put an end to but southerners will never allow that happen. He closed the borders and they are weeping. Is this the way to develop the nation? Tomorrow they want us to vote for Tinubu or Osinbajo, DOA. We must continue ruling this nation anyhow we want. Thanks to Allah Mahmoud of INEC was reinstated and he's to conduct the next elections.

Why didn't he close the borders in the North too?

2 Likes

Re: WTO: Nigeria Is Number One Importer In Africa by blamingthedevil: 1:48pm On Apr 16, 2021
Very bad for our economy. No wonder our currency is getting devalued and No gainfully employment. This is nothing to be proud of which Yeye WTO is happy about.
Re: WTO: Nigeria Is Number One Importer In Africa by Maxymilliano(m): 1:48pm On Apr 16, 2021
That's indisputable or what else are you expecting from a consuming nation ?
Re: WTO: Nigeria Is Number One Importer In Africa by Andyvilly: 1:48pm On Apr 16, 2021
when all your cash crop and natural minerals are being discovered and developed in countries world wide. ours we could not manage, instead it's depleting, who will then patronize us and who will come to buy what they already have, besides neighbouring countries have favourable terms of trade and conducive environment to do business.
Re: WTO: Nigeria Is Number One Importer In Africa by Buliwyf: 1:48pm On Apr 16, 2021
Over 200 million highly unproductive and over religious people who spend their days obsessing about enemies and religion while their counterparts elsewhere obsess about inventions. This is the result.

Your government would rather spend money to subsidize pilgrimage to Mecca and Jerusalem than build a functional refinery for almost 3 decades. And despite all the religion, once given the opportunity the first thing they all do is to steal the money meant for development.

This is the result.

4 Likes

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