Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode - Politics (1566) - Nairaland
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| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 2:52pm On Oct 23, 2022 |
Import substitution is a failed policy. This was tried in Africa btw 1970-1990 - and it became a failure. IMF introduced SAP to fix that failure. South Asia went for export-oriented manufacturing mostly And whenever they did import substitution - they were strict timelines when industry was expected to be competitive. Mostly you need give local firms or farmers - something like 5yrs - if they cannot be globally competitive - allow imports. Otherwise, you're punishing 200 million consumers - to save 5 million rice farmers and millers. Protected infant industries - rarely work in an enviroment where corruption thrives - because those tarrifs/subsdies will remain forever. Look at Nigeria cement - Dangote & Nigeria is now "globally" competitive so much Dangote has invested all over Africa - but cement tarrifs/restriction - still persist in Nigeria.How does that even make sense? If Dangote can compete in South Africa or Ethiopia - why cant Nigeria allow almost duty free entry of cement - so Nigerians can get best deal GeneralDae2: |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Shma2022: 2:55pm On Oct 23, 2022 |
TookDownYourMum:The problem here is that Ghana is an import-dependent economy. There is no way you can convince me of any comeback - or tell me that Cedi depreciation Is good for Ghana's economy - especially with her already piled-up debt. The last time the cedi appreciated( going by the record), was in 2008 when your export value: cocoa and gold was at its peak. Since then, the cedi has been sinking to date. You need more cedis to exchange for dollars; hence, you'll have to dig deep into Taxpayer money / increase the cost of living in order to service debt and finance your imports.. At the end of the day, the situation will still remain constant notwithstanding all the torture inflicted on the native's pocket. Heck.. Hyperinflation is knocking. Aaah, Nah. Already in existence! This sh*t will definitely reduce your real wage. Consequences? You will need to spend more(CEDIS) to correspond with wage reduction. Alternatively, you choose to print cedi to cushion this quagmire, but this also has a dire consequence. cedis will become more useless / valueless and unsalable. Mhh... What about gold coming as your knight in shining armour? Heheheee... Story for the gods. That can only happen in decades to come; when the cedi devaluation has been initiated and executed already. In a nutshell. IMF, devaluation of Cedi( this can help your country boost exports, reduce trade deficite and probably minimize the costs of interest on debt.) or alternatively, a change of universal currency can save Ghana. |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Shma2022: 3:02pm On Oct 23, 2022 |
rvp2018:This guy is just disturbing. I even thought helios is a Nigerian company. https://www.youtube.com/watch?v=iELIby_7e_8 |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Shma2022: 3:10pm On Oct 23, 2022 |
TookDownYourMum:Before I forget. Ghana has 55% agricultural land - from 30% arable land, that is a joke. That is more than enough to disenthrall ghana from the current economic crisis. Kenya is 10% arable, yet We're doing close to 55% of agricultural with that. |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae2: 3:17pm On Oct 23, 2022*. Modified: 3:32pm On Oct 23, 2022 |
rvp2018: Mostly you need give local firms or farmers - something like 5yrsExactly. Look at Nigeria cement - Dangote & Nigeria is now "globally" competitive so much Dangote has invested all over Africa - but cement tarrifs/restriction - still persist in Nigeria.How does that even make sense?Well Dangote,BUA, and Lafrage have done well. Other businessmen/women in Nigeria can go into cement manufacturing and join the league of the top manufacturers if they want the prices down. This is better than importing something as vital to Nigeria as cement, when we have all it takes to manufacture them in large quantities and export to more African countries. |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 3:54pm On Oct 23, 2022 |
At what point do we stop protecting infant industry? This Nigeria prohibition list is way too much - and has no exit clause. https://www.trade.gov/country-commercial-guides/nigeria-prohibited-and-restricted-imports GeneralDae2: |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae2: 4:00pm On Oct 23, 2022 |
rvp2018:Wow, this policy makes sense to me. If I were to be the president of a country like Nigeria (200 million people), I would even add more to the list. |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 4:11pm On Oct 23, 2022 |
And then you wonder why Nigeria is poverty HQ of the world. Protecting all these inefficient local industries cost your economy a lot. It creates few rich Dangote's who own such industries - and leave everyone pay expensively for stuff that are "dirty" cheap out there. It protects them from international competition. The biggest loser remains Nigeria consumer who is forced to buy all these 100 goods expansively despite them being of poor quality. GeneralDae2: |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae2: 4:22pm On Oct 23, 2022 |
rvp2018:So you'll rather allow India and China flood your market with their goods all in the name of international competition rather than allow your sme guys stay employed? Those millions of sme's in Nigeria (45% of all informal sme's in Africa) are the backbone of the Nigerian economy. It is better most of them slowly transition into small scale local manufacturing or buying from local manufacturers for their small businesses (no matter how slow and painful the process may be). Little India should borrow some economic sense from Buhari. Learn and stop yapping. |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Fourpockets: 4:28pm On Oct 23, 2022 |
rvp2018:Falling birth rates aren't always a good thing, look at what is happening in Japan, few decades from now they could loose their place as a G7 nation if their labour shortage isn't addressed, even at that, foriegners could start taking up political positions in their country slowly replacing indigenous Japanese |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 4:41pm On Oct 23, 2022 |
There is nothing one can learn from Nigeria. We are going the opposite way. We are allowing duty free entry of goods from East Africa Goods, COMESA and AFCTA. That basically means Kenya companies have to be competitive at very least regionally. Let them close shops, find something we can be competitive in, and the consumer is the king. The results is obvious - Kenya companies having been exposed to very thorough competition at home - have expanded. They are regionally the kings - of industry - in about 10 countries. The industries that are protected are very very few - for specific period - because we expect we can and should compete with China or India. This why Kenya is making huge strides forward despite having no oil or large arable land. In the meantime Nigeria is world poverty capital, infrastructure is completely broken, gov cannot get taxes, social investment is zero (out of school kids staggering), insecurity & kidnapping the order of the day. This all because the economy is failing the majority And working for a few Northern Elite like Dangote. When it come to SMES - how are they going to be profitable - when access to credit is at 30% per annum at minimum, when cost of doing business is horrendous (they have to run a generator) & when economy is not free (they cannot go to Benin or Ghana or China to sources for cheapest stuff because they cant get dollars at same rate as Dangote or neither are they allowed). The results of Nigeria messed up economics - despite OIL - POVERTY - and few DANGOTES GeneralDae2: |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 4:48pm On Oct 23, 2022 |
If they relax immigration laws; they should be fine; but they are racist. When fertility rate fall below 2 percent - then you cant replace - and you only option is to allow immigration. Meantime this list of hopeless countries in Africa still breeding like rats. Fourpockets:
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| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae2: 4:53pm On Oct 23, 2022*. Modified: 5:30pm On Oct 23, 2022 |
rvp2018: We are allowing duty free entry of goods from East Africa Goods, COMESA and AFCTA.Maybe good for Kenya but for a market like Nigeria there have to be some sort of control. Kenyan market is 4 times smaller than that of Nigeria. That basically means Kenya companies have to be competitive at very least regionally.Being competitive in East or Central Africa is nothing to brag about. Those are the poorest regions in Africa and Kenya is not even competitive there. The industries that are protected are very very few - for specific period - because we expect we can and should compete with China or India.Can you also compete with them via exports to their country? Of course you can't, not in this decade at least. So why should this economic competition be in Kenya or Africa? You would definitely get beaten at home all in the name of competition if you don't protect your industries early enough except these Indians and Chinese are training Kenyan manufacturers (local content law) and establishing industries rather than just exporting to Kenya. This why Kenya is making huge strides forward despite having no oil or large arable land.Except that Kenya is not making huge strides. Your biggest export is flower, second is tea. Both together were just a paltry 2.5 Billion dollars export in 2021. This all because the economy is failing the majorityHogwash. |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Fourpockets: 4:55pm On Oct 23, 2022 |
rvp2018:You have a point, but at the same time you should also be thinking forward, imagine Kenya becomes enemies with a country like China or the U.S. if they decide to sanction you through restricting trade (like the US is doing to Russia) your economy could collapse because you were not thinking of how to be self sufficient, all you were thinking of is how to live easy. Look at Russia, the sanctions aren't as effective cos they basically have their own industry in almost every sector. If let's say, Google decides to sanction them, they could easily switch over to yandex, it might not be as powerful of a search engine as Google, but it's something that could save the country from a collapse. |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Fourpockets: 4:59pm On Oct 23, 2022 |
rvp2018:Yes but at the same time immigrant population would start replacing the indigenous Japanese people, decades later you may not recognize current Japan |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae2: 5:00pm On Oct 23, 2022 |
Fourpockets:If China or India goes to war today, virtually almost all countries in Africa would be affected but Kenya as we know it today would completely collapse and with this kind of thinking from rvp2018, this would sadly continue to be the case even until 2035, if this is also the mindset of newly elected Ruto. I hope not. |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 5:38pm On Oct 23, 2022 |
It's interest of industry owners and employers - versus - the interest of the 210 million nigerians. Which one come first - Dangote or your own mother in the village buying dirty cheap cements for almost 10 dollars. Does your mother care whether cement is from Dangote or where she can get more saving of her money? As long China is not dumping - products to us - it's better for us to import - as we figure out how to compete. We cannot protect the rights of industry owners at expense of consumers.. Infact industries should be protected for a specific period...so they can grow...and compete with others. The mental block that Nigeria farmer or company cannot compete with Indian or Chinese need to go. If it's cement - why can't Dangote not produce it cheaply - it limestone and electricity (which he can generate). GeneralDae2: |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 5:39pm On Oct 23, 2022 |
Why would that be a problem? Fourpockets: |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 5:47pm On Oct 23, 2022 |
You dont sustain a sector as insurance against some future external risks. You build resilience into your economy so you can wistand such shocks. This can only happen through magic of capitalism - brutal competition as much as possible If we get sanctioned - we can build those industries from the scratch very quickly - because we will have capital, knowhow & it will be profitable. But we cannot sustain a fake Google just in case Google is banned. We should be able to spin our own in few months if it become necessary. The protected ineffienct industries destroy the economy - and make it very susceptible to external shocks Once you allow market economy to work - local companies will compete - and become regional or even global giants. And that become insurance against local economy problems. For example when Kenya economy tanked in 1990s - because we were facing sanctions due to Moi dictatorship - we re-started EAC. EAC had died in 1977 due to petty difference - and it came back in 1997. So in 1990s - Uganda and Tanzania economies were booming - growing at 7-10 percent - while Kenya was sick Kenya companies moved to EAC from 1998 and were able to survive until our economy started to boom again from 2005. Fourpockets: |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 5:55pm On Oct 23, 2022 |
China or India are new import sources of kenya - previously we got everything almost from Britain & Eu. Consumers are always looking for best deal - it could be England today - Hong Kong tomorrow - China - Bangladesh - Veitnam.Soon it will be kenya. Gov job is not to go for easy way out - ban imports - and force people shoulder inefficient industries. Gov job is to encourage Chinese and Indian companies to come to kenya - build industries here - and sell their stuff here cheaply. In meantime local capacity by local kenyans is slowly building up - and eventually they compete. Few more years - Kenya local indigenous companies - expand regionally - and few more years globally. Gov job is to fix infrastructure, electricity, water and security so it become cheaper for Indian or Chinese companies to manufacture in Nigeria as step 1. Step 2 is for Dangotes to emerge. Nigeria simply bans imports. Dangote who was selling salt then become industrialist - but selling products very expensively as he cannot manufacture them efficiently. The results - 15yrs before this banning - Nigerians (on the street) were probably richer than now. The results of taking short cuts. GeneralDae2: |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae2: 6:04pm On Oct 23, 2022*. Modified: 6:22pm On Oct 23, 2022 |
rvp2018:This economic policy is not the best for Africa. You need some control at first in the developmental stages, later you can become more liberalised. Ghana is a very liberalised economy and this is part of the issues some Ghanaians are discussing now. To adjust some of these very liberal economic policies. Nigeria simply bans imports. Dangote who was selling salt then become industrialist - but selling products very expensively as he cannot manufacture them efficiently. you keep mentioning Dangote, as that's all you know.If we take salt for example, there are several salt refineries in Nigeria. These are the top ten in the link below. It's an insult in my opinion to compare Nigerian manufacturing with that of Kenya, yet Nigeria protects her manufacturing industries. I think Kenya should do same too else you would regret it soon. https://infoguidenigeria.com/best-salt-refineries-nigeria/ 1) Covenant Salt Company Limited is a well-known manufacturing company in Nigeria that produce high quality iodine salt. Covenant Salt Company Limited is one of the leading suppliers of refined free flowing salt in West Africa. Incorporated in 2001, Covenant Salt operates under the highest local and international standards to provide the best quality salt to its customers. This company can be located at Plot C10 Afam Close, Industrial Estate, Agbara, Ogun State Nigeria. 2. Dangote Salt Plc This subsidiary of the Dangote group of companies provide Nigerians with high quality iodized salt. They produce a whole list of different types of salt for different uses. 3. Table Salt This salt is a fine and refined product for home/domestic use. Following the recommendations and specifications of ICCID, this refined salt is Iodized (with iodide) so that the risks of iodine deficiency can be minimal and also to provide good health to its consumers. It comes in retails packs of 250g, 500g, and 1KG packets They are located at 1A, Alfred Rewane Road, Falomo, Ikoyi,, Lagos, Lagos State, Nigeria. You can reach the company for partnership related purposes through the following lines 01-2695110, 01-2695109, (01) 2695108. 4. Columbia International Limited Shed E/G And Shed 4, Apapa Port Complex, Apapa, Lagos A Nigerian manufacturing company that offer salt processing services. 5.Bayswater Industries Limited are the owners of Mr Chef Salt in Nigeria. This salt is of great quality and is very popular among many households in Nigeria. The company is located in conducive area in Sango Ota, Ogun State, Nigeria. Their full address is Plot 34, km. 38, Main Road, Lagos-Abeokuta Expressway, Sango Ota, Ogun State, Nigeria. 6. National Salt Company Nigeria Limited This company is another division of Dangote Group of Companies that specializes in the production, processing, packaging and distribution of iodized salt. They are located at 15B, Ikosi Road, Oregun Ikeja, Lagos Nigeria. 7. Royal Salt Limited Royal Salt Limited are into the production of salts in Nigeria. They are a major producers of salt and they distribute to both homes and industries. The company is situated at Shed No.1, NPA Quays, Port Harcourt, Rivers State Nigeria. 8. Union Dicon Salt Limited Union Dicon Salt Limited is into the production of various sizes of iodized salts. Their company is based in Lagos State, Nigeria. Their full address is Kirikiri Lighter Terminal Phase 2, Kirikiri, Lagos Nigeria 9. NASCON Allied Industries Plc Is a company under the Dangote group of companies. 10. Premium Salt Premium Salt Nigeria is a product from the stable of Kenni700 Limited. They are located in Lagos Nigeria; with their regional office in Benin City, Edo state. |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 6:24pm On Oct 23, 2022 |
Ghana is better country than Nigeria - because of it's liberal economy. The problem is macro-economic - their gov just misbehave and have never heard of prudent economic management. I guess it problem with democracy - where gov overpromises and has to deliver by borrowing aggressively. I doubt you produce salt; from my reading; Ghana and Senegal; I think you import salt from all over - mostly South Africa & Namibia. Salt producers in Africa are mainly South Africa, Kenya, Namibia, Ghana and Senegal GeneralDae2: |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae2: 6:37pm On Oct 23, 2022 |
rvp2018: I doubt you produce salt; from my reading; Ghana and Senegal; I think you import salt from all over - mostly South Africa & Namibia.Again you ignorantly make the mistake of thinking importation means non production. Nigeria produces salt just like Kenya and even more but they are only specific type of salts which do not meet the demand of all Nigerians. The companies I listed above are actually some of the salt manufacturers. Also Kenya is not a top salt producer in Africa. So that's a big lie there. You just found a way to include Kenya. |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 6:51pm On Oct 23, 2022 |
I have transported salt to Uganda so this sector I know. Kenya is major produce of salt supplying east africa hinterland. This sea salt. I think kenya does close to 850K - nearly a million metric tonnes As for Nigeria as always - There are fewer than five salt makers in Nigeria as the existing ones are squeezed by high production costs, foreign exchange scarcity and energy crisis. There is no short cut to development. GeneralDae2:
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| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Fourpockets: 6:52pm On Oct 23, 2022 |
rvp2018:How is that not a problem, I really don't understand your ideologies at all. |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Fourpockets: 6:56pm On Oct 23, 2022 |
rvp2018:I promise you, since I can remember, it's always locally made salt I e been using because I don't think we import salt |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 6:56pm On Oct 23, 2022 |
Why is racial purity of Japanese important? Isnt the US a great country due to immigrants? Wouldnt Japan be greater country if it welcome other cultures and made say Tokyo a melting pot of cultures? Your ideology is racism. My ideology is humanity. Fourpockets: |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 6:57pm On Oct 23, 2022 |
Nigeria is major salt importer - Dangote probably repackage it - into small bags. I think it mostly from South Africa and Namibia. Look like mostly Brazil. This is 2013. There is almost no salt production in the entire Central and West African region except for Ghana and Senegal. These two countries meet the requirements of most of the region. Countries like Nigeria prefer to import their requirement of table salt from outside the region – principally Namibia and South Africa but also from Australia, India and Brazil. South Africa, Namibia (Photo 1) and Botswana are the main sources of salt in southern Africa. T Fourpockets: |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Fourpockets: 7:01pm On Oct 23, 2022 |
rvp2018:I can confidently say that Nigeria does not import salt presently |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 7:15pm On Oct 23, 2022 |
>> Dangote Salt is produced from top quality refined solar crude salt imported mainly from Brazil. Dangote buys its salt from Salinor in Brazil. That’s where most of the world buys. The only additives to salt are Iodine and anti-caking agents. Iodine is not added to salts abroad. WHO recommended it in Africa to help with goiter https://www.ign.org/newsletter/idd_may22_nigeria.pdf Even though Nigeria has large salt deposits in some states including Benue, Cross River, Ebonyi, Abia, Taraba and Nasarawa states, there is no large-scale mining of these salt deposits. As such, most salt manufacturers import salt from Brazil, Namibia, South Africa, China, Australia, India and the USA. Nigeria’s imported salt worth increased from N4.5bn to N4.8bn (1). Nigeria imports from Brazil were estimated at US$33.79 million during 2019 (2 Raw salt is imported by major salt manufacturers from Brazil, Australia, Tunisia, and Namibia. All salt imported from Brazil, Tunisia and Namibia is not iodized and so it is the responsibility of the repackaging companies to fortify imported salt with iodine before selling to the consumers. Countries of export for salt from Nigeria include Benin Republic, Niger Republic, Cameroon, Ghana, and Chad. All food grade salt produced for domestic use and export is iodized. There are three major salt manufacturers producing salt in Nigeria for commercial purposes (Dangote Salt, Royal Salt, and Mr. Chef Salt) and one that produces salt for food industries (JOF) (Table 1). Dangote and Royal Salt produce table salt and industrial salt while Mr. Chef only produces table salt. JOF salt, at the time of the assessment, did not have salt in the open market but only produced industrial salt that was supplied to food companies for cornflakes, bouillon, and seasoning production, with Nestle Foods as a major client. There are two major channels of salt distribution in Nigeria. One is direct from the factory to the large consumers, such as the food processing industries and livestock farms. The second channel is from the factory to major distributors or wholesalers who also sell to retailers and who in turn sell to consumers. Interestingly, medium- and small-scale industries as well as fisheries and livestock farms also Fourpockets: |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by theenchanter: 7:40pm On Oct 23, 2022 |
rvp2018:does Kenya import salt or not? Not minding d fact that I can't remember when last time I had foreign salt. |
| Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Kazikazi: 8:27pm On Oct 23, 2022 |
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cedis will become more useless / valueless and unsalable.
- and it surely will crawl out of its hole - now that it back to business.
you keep mentioning Dangote, as that's all you know.