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Nairaland Forum / Nairaland / General / Politics / Peter Obi Wants To Kill Our Local manufacturing industries (2519 Views)
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Peter Obi Wants To Kill Our Local manufacturing industries by Nobody: 5:34pm On Oct 06, 2022 |
Peter obi said he will remove forex and import restrictions. Seems like peter obi wants to destroy Nigeria's local economy. He wants to make us dependent on only import. How then are we going to get forex if we only import goods not produce anything. This man will kill Nigeria and then make it a dumping ground for imports, that also means high unemployment rate 21 Likes 7 Shares |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Kingozymandias(m): 5:35pm On Oct 06, 2022 |
Stop crying and start to think. Whatever bribe Tinubu supporters paid you wont last you 4 years 56 Likes 8 Shares |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Sergio103(m): 5:36pm On Oct 06, 2022 |
We can see how the local economy is faring. No strength for zombie. Half education is a disease to our society But search the net on "the commensalism in local and foreign firm" 38 Likes 3 Shares |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Millimann: 5:36pm On Oct 06, 2022 |
Where is the manufacturing industry in the first place? All these agbado urchins and stupi.dity. 55 Likes 5 Shares |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Foolishbuhari: 5:38pm On Oct 06, 2022 |
You go cry die LMAO 4 Likes 1 Share
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Re: Peter Obi Wants To Kill Our Local manufacturing industries by Nobody: 5:39pm On Oct 06, 2022 |
Kingozymandias: You should be crying, if peter obi wants to remove restrictions on imports. That means local manufacturers will automatically die off which means lot of people will be sacked. 13 Likes 5 Shares |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Mrfixitt(m): 5:39pm On Oct 06, 2022 |
No country in the universe which does not import. The problem is when your rate of importation as a nation is way higher than your export. Peter Obi is spot on 20 Likes 2 Shares |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Nobody: 5:41pm On Oct 06, 2022 |
Millimann: Go to ogun state and other industrial areas in Nigeria, you will see the manufacturing industries we have. Obi wants to totally kill them, not only that, he wants to also kill our agricultural system if he remove restrictions on import. We are in for trouble. Obi shouldn't be voted into power. 8 Likes 1 Share |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by StrongAlphMale: 5:41pm On Oct 06, 2022 |
Tinubu urchins are so daft and highly senseless. Oga is the so called local economy working? How's life today compare to 10 years ago? Abi brain dey pain you? What is wrong with you tehifnubu supporters? Tinubu has no vision nor idea on how to rule Nigeria and he is highly unfit yet you saw a man with visions who's eagerly ready to change the country from consumption to production you dey complain? If suffer never tire you, millions of Nigerians are tired oga peter Obi is the next president of Nigeria 26 Likes 5 Shares |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by onez: 5:41pm On Oct 06, 2022 |
Manufacturers can't even import critical resources. This is why even goods manufactured in Nigeria continue to rise. OP, this is not your field. You know Nada 17 Likes 4 Shares |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Nobody: 5:42pm On Oct 06, 2022 |
Mrfixitt: Peter obi isn't spot on. No country just import anything. There should be protection of local industries or they will die. Importations kills local economy and create lot of unemployment. 5 Likes 1 Share |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by WibusJaga: 5:42pm On Oct 06, 2022 |
. Urchins spending sleepless nights attacking Peter Obi & yet they claim he is not a threat to the sick ancestor bat. 8 Likes 1 Share |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Mrfixitt(m): 5:44pm On Oct 06, 2022 |
thebosstrevor1:Your Buhari closed importation, where has it landed us ? Even US and UK import from china and Japan 14 Likes 1 Share |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Nobody: 5:46pm On Oct 06, 2022 |
onez: Who told you Nigerian importers cant import critical resources, they can, forex are always available for them from the central banks. Government need to protect local economy especially things we can produce here, it creates jobs directly and indirectly for people. If we allow much importation that also means agriculture will die., go to senegal and republic of benin,, the local tomotoes and chicken industry have been destroyed because of importation 5 Likes 2 Shares |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Nobody: 5:48pm On Oct 06, 2022 |
Mrfixitt: Buhari didn't close importation. We are not uk or US who have a large industrial base. We can not compete with china or the EU if they start to export all their goods into Nigeria. It will kill local businesses |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by oyebanji44: 5:50pm On Oct 06, 2022 |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Roger3D(m): 5:55pm On Oct 06, 2022 |
thebosstrevor1:I thought I was the only one to observe that from his statement. The vast majority of importers in Nigeria are Ibos like him who produce nothing locally but use Nigeria as a dumping ground for substandard Chinese goods to the detriment of our local economy. He's probably echoing the thoughts of his western neo-liberal masters who granted him audience in America yesterday. A vote for Peter Obi is a vote for economic enslavement. I remain DISOBIDIENT. 5 Likes 3 Shares |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by BATified2023: 5:57pm On Oct 06, 2022 |
Kingozymandias:so if we keep importing what do u think will happen to our naira? Cos once u igbos start supporting a course u lose your sense 14 Likes 3 Shares |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Klinee: 5:58pm On Oct 06, 2022 |
thebosstrevor1:How many local production industries do we have now compared to Jonathan era? World is a global village any local production industry must import one or two raw materials outside the country. You guys should stop using primitive ways of economical control, that was then. Buhari use such primitive economical control and it failed completely, both local and foreign companies bankrupted and folded up, inflation on continual rise, naira continued depreciation on a rapid paste and even decline in local production. What is the gain? 11 Likes 1 Share |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Nobody: 6:07pm On Oct 06, 2022 |
Klinee: I am sure you sit in your basement without going out. There are lot of products made in Nigeria. Removing imports restrictions kills local industries and agriculture. Pls go and research and stop typing nonsense. 4 Likes |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Innocentman86: 6:19pm On Oct 06, 2022 |
Im a Yoruba muslim from no man's lagos.ans I support obi 100 percent. I have never seen a man like obi,I won't allow my tribes afonjas who are known for hatred, envy,jealousy,juju and wickeddnes to deter me from voting such a good man. Obi I call you the kabieysi of Africa. 2 Likes 1 Share |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Throwback: 6:20pm On Oct 06, 2022 |
Is anyone surprised that Obi is planning to favour his importation business? I mean, it is a no-brainer. 10 Likes |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by mrvitalis(m): 6:20pm On Oct 06, 2022 |
thebosstrevor1:There are better ways to do it We have restrictions on foreign rice , are they not still flooding out markets ? Has the policy worked ? Nope Solution ?.....remove the restrictions allow imports but introduce tariffs , traffic that would make smuggling the goods not worth it Foreign rice is 40k now ......at cost around 15k in the international market so you Introduce a 150% tariffs on imported rice ....this means for each imported rice Nigeria makes 22k ...this would discourage smuggling Then you use the 22k to sponsor research development ,seed development and helping local farmers produce at cheaper rate 12 Likes 1 Share |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Slynation(m): 6:27pm On Oct 06, 2022 |
thebosstrevor1:When he said he will use contractionary policy to fight inflation, when he said he will turn Nigeria from consumption to production country, you didn't open a thread...Now, they have told you he will remove restrictions on import you started crying... How about removing all import restrictions and raising taxation of such imported commodities?? Although this will bring about an increment in prices of goods and services, the tax burden will be shifted to the consumers leading to fall in demand... Now, This will enable citizens to patronize our domestic companies products with lower prices which in turn encourages both demand and imports amongs the rich and the poor leading to more foreign investors and more available money for the government... 2 Likes 1 Share |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Nobody: 6:36pm On Oct 06, 2022 |
Slynation: You can not remove restrictions on import and then again turn the country into a production country. Even if you put high tax on import, it will just encourage smuggling. 4 Likes |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Nobody: 6:37pm On Oct 06, 2022 |
mrvitalis: I am sure you don't understand what you have written. |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Slynation(m): 6:42pm On Oct 06, 2022 |
thebosstrevor1:says who?? A country can never produce everything it needs, more reason there is what we call comparative advantages... Smuggling is as a result of corruption, that alone is another aspect to deal with entirely, because you have to bribe someone to smuggle products through the land borders... 4 Likes |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by mrvitalis(m): 6:54pm On Oct 06, 2022 |
thebosstrevor1:Well firstly I didn't write it for you . I wrote it for someone who might want to understand what obi said I dare you or any tinubu supporter to challenge obi policy .. buhari 7 years is a full proof that protectionist economic policies never work ...I dare you counter my points. ..pick any product as your case study ...I dare you 8 Likes 1 Share |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Cantonese: 6:57pm On Oct 06, 2022 |
thebosstrevor1: How many jobs have been created? How many industries are working? Talk with manufacturers first before commenting. Tell us how APC’s economic policies have made this country better since 2015. 1 Like |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by freshvine(f): 7:04pm On Oct 06, 2022 |
Urchin talking about killing industries and businesses yet the country lack sufficient power supply to drive that sector. Liberalisation of the economy is key 1 Like |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by Nobody: 7:09pm On Oct 06, 2022 |
Cantonese: You know nothing. 1 Like |
Re: Peter Obi Wants To Kill Our Local manufacturing industries by goodmike7: 7:13pm On Oct 06, 2022 |
Slynation: What gives rise to smuggling?? |
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