Rugaria:
Another segment of the economy that needs to be nationalized as quick as possible! Some of these strategic areas need to be recalibrated in ways that allow the government to make money off them! The cement industry! The telecommunications industry! The betting industry! The solid minerals industry and ofcourse Oil and Gas! In some, government should go for half the stake in companys total equity! I don't see anything reasonably different that they're doing compared.

Some of these very lucrative aspects of the economy needs to be nationalized and handed over to some business boards being managed for the Army and police. That's how the security agencies in most countries fighting serious wars or facing serious enemies make more money away from meager budgetary allocations.

Some totally brainwashed black people will come over here to start quoting all sorts of regurgitated bullshit about free trade and privatisation. Go and tell that to China.. Ask them to tell you how to raise extra monies to fund the on going wars and they will go silent! Ask them to show you the added reinvestments in other strategic areas of the economy by these rent seekers parading around as prime investors, who got all these business permits from the Nigerian government for pittance but only uses the mega proceeds and profits to buy mansions in Dubai and London, they will keep quiet!

southsouthking:
Weed them all.
Betting has destroyed more life than hard drugs.
I repeat weed them all.

Rugaria:

Go and tell that to China who dominates the so called free market economy of the world with many products from pro establishment factories. Like they say in China, what matters is not how you caught the rat but that you caught the rat! Problem with your type is that you gobble everything line hook and sinker. China Telecom is almost owned by the Chinese security branch. The China Mobile, is almost totally owned by the same Chinese government. Chinese companies in Oil and Gas are wholly owned by The Chinese government! The China Bank and The China Bank of Commerce and Industry, are all state owned. CESCO that is the main indigenous Chinese shipping line is state owned! The list is endless and in every sector of the Chinese economy..And you know what?

All these companies are amongst the highest earners and top dogs in the Chinese economy. Do your research! Infact most of these real estate, chemicals, and trading companies that pretend to be private entities from China are nothing but state cooperations being privately managed by proxies in order to avoid WTO sanctions. This is why the The PLA is awash with cash year in year out, irrespective of the fact that the statutory budgetary allocations are many times smaller to say that of The US. If your problem in Nigeria is tribalism, fight to fix that, but don't use that argument to push for an economic agenda that only favors a tiny group of totally corrupt elite , while the majority of the people become poor spectators in the running of their countrys economy.

unitedigboworld:
Betting is a legitimate fraud. A country like Nigeria don't need Betting companies.

southsouthking:
Weed them all.
Betting has destroyed more life than hard drugs.
I repeat weed them all.

unitedigboworld:
Betting is a legitimate fraud. A country like Nigeria don't need Betting companies.

Penguin2:


We are talking of privatizing more companies and you are talking about nationalization so that they can appoint aboki to run the companies down and steal billions as usual abi?

You think you are in 1972

adenigga:


Source: https:///FG-Moves-To-Weed-Out-Some-Sports-Betting-Companies-In-Nigeria

OFFICIAL336:

Can you list what makes China a communist state?

DamnNiggar:
Weed out Bokoharam
Afonja ritualists
fulani herdsmen

First

Penguin2:


Funny how you can draw comparisons with China to make your point but if Peter Obi did this same thing, you would be among those to call him Obi China…

Now to your argument, do you even understand that China is a Communist Country while Nigeria is Democratic and Capitalist Country?

Or you don’t understand the difference between Communism and Capitalism?

And to those Chinese companies doing well like you said, do you know why? Because they appoint the best brains to head them. They do not appoint based on quota system or due to some ethnic or primordial sentiments and consideration.

Again, in China, once you are convicted of corruption, you are executed publicly which makes the public officials accountable and transparent in dealing with those state owned companies.

Can your aboki senators agree to the introduction of death penalty for corruption in Nigeria?

Please always understand things clearly before putting your mouth into them.

Penguin2:


Funny how you can draw comparisons with China to make your point but if Peter Obi did this same thing, you would be among those to call him Obi China…

Now to your argument, do you even understand that China is a Communist Country while Nigeria is Democratic and Capitalist Country?

Or you don’t understand the difference between Communism and Capitalism?

And to those Chinese companies doing well like you said, do you know why? Because they appoint the best brains to head them. They do not appoint based on quota system or due to some ethnic or primordial sentiments and consideration.

Again, in China, once you are convicted of corruption, you are executed publicly which makes the public officials accountable and transparent in dealing with those state owned companies.

Can your aboki senators agree to the introduction of death penalty for corruption in Nigeria?

Please always understand things clearly before putting your mouth into them.

Edoreborn:
Pls oohh,,I never collect my money from bet9ja oo..I will get it soon sha by God's grace..And again,,they should compel d surviving ones to increase their odds...

Honestly bet9ja don injure me,,even my last card to eat,,na bet9ja e dey go...There was a day I went to d bank,,when d lady that attended to me showed me my transaction history,,shame dey catch me...All na bet9ja n daily data for mtn in order to book games..

StrongandMighty:
Long overdue...
Betting have destroyed most of our youths

southsouthking:
Weed them all.
Betting has destroyed more life than hard drugs.
I repeat weed them all.