openmine:

Chai Na wa for una ohh
So you think the local manufacturer will cultivate rice with no subsidy on the fertilizer that he purchases,use diesel plants to power the machine that remove stones from the rice and also use machines to bag them while transporting the bags of rice on a diesel powered truck on an inaccessible road and you expect the local manufacturer to still sell his or her products at a reduced price like that of the foreign counterparters whose country have accessible roads,adequate security,constant electricity,reduced transport cost and a unified tax?

Will you keep quiet? Imagine the foreign rice cheaper than the local? So of what use is the local? They should pack abeg

Kagd10:
I'm still of the opinion that the foreign markets should be brought in to compete with the local who are trying to reap off Nigerians by their exorbitant prices which is as a result of the monopoly they enjoy. Na help we wan help the local productions but now they've turned into monsters. That's one thing with Monopoly which isn't good.

The current managers are just incompetent how were the previous government able to manage things that they were bearable until this monsters took over,

Kagd10:
I'm still of the opinion that the foreign markets should be brought in to compete with the local who are trying to reap off Nigerians by their exorbitant prices which is as a result of the monopoly they enjoy. Na help we wan help the local productions but now they've turned into monsters. That's one thing with Monopoly which isn't good.

This is best comment I have seen this year. I think you should accelerate this your suggestion to get to the appropriate quarters.

This our local marketers are heartless beings, how I wish am the president, e get wetin I for do

How is Tinubu the savior when he has promised to follow up in continuing Buharis legacies which he himself has backed him for eight years.
Mtchew. This one no serious. Hunger never touch you, you go forget tribalism and vote wisely

APC make everything hard and you're still campaign for Apc and you're still supporting Tinubu that means you're stupid and useless

Kagd10:


Will you keep quiet? Imagine the foreign rice cheaper than the local? So of what use is the local? They should pack abeg

This is the part where you need to take your advise by being quiet yourself and read below to cover up your obvious callowness!
The pricing of a commodity is basically dependent on
moderate security,
stable power supply,
unified tax regime,
low transport cost and accessible roads of any country....which is what we normally refer to as a conducive environment for business to thrive!
These are the aspects that influence the production cost of any product or service and will instantly drive the price of such commodity down!
If our local producers have access to the highlighted,the price of rice or other products will slowly but surely go down!
This is why products in countries around us like benin rep,ghana and togo have cheaper products than nigeria because they have those things that Nigeria does not have currently!

Treadway:
I wish Nairaland had an audio record button, typing long texts hurts my fingers. Now look at this, the land borders were closed and the justification and 'economic explanation' was that this will allow local producers to thrive, achieve self sufficiency, be the preferred choice, and will ultimately make rice so much cheaper. The whole buy Nigeria, eat Nigeria was everywhere. Over 4 years later, local rice and foreign na 500naira difference. Today, you are justifying why local rice should not be expected to be more affordable than foreign rice. Nigeria just has a way of turning logic and economics on its head. Next one is crude, and petroleum products, dem say na low price of crude in international market be excuse for hardship, that Goodluck time was over 100 a barrel bla bla bla. Next thing crude goes up even to the 100s and no benefit or relief. Then story was the Forex exchange is the problem, since exchange is high the cost is expensive to refine and ship products. So high or low, no respite for Nigerians. Now na subsidy removal again, economics theories flying all about. Kasssandra (Hello Kasssandra) even came up with a phantom theory of how bridging cost is the reason for Lagos fuel scarcity..we don hear the news now and know the actual and true reason why. One refinery every year was the promise, and yet not one was built in 8 years and now the whole country is waiting cap in hand for Dangote who will show you people pepper..just wait and see...but no! economists will tell tales of how subsidy removal will fix everything, like we haven't seen economics turned on its head many times in Nigeria. Heck, 2 SIBs went under under the bald dumb CBN governor Emefoole, and he got rewarded with a second term...the problem is useless leadership and corruption. Subsidy removal is no magic bullet, yes it has to go, but I promise you even when it does and you still have these evil, corrupt directionless,square pegs in round holes, we will still come here to read a post just like yours of how subsidy removal is what is affecting us, just like local rice has turned out. Cheers.

Your comment is long but i get what you are trying to say!
Let me see if i can make you understand my point of view explicitly!
Pricing of any product or service in any country is basically dependent but not limited to....
Moderate security
stable electricity
unified tax regime
accessible roads
low production cost etc
Once the highlighted is readily available,the price of any commodity will slowly but surely reduce!
There is nothing wrong with local production or any government encouraging such,however local manufacturers of this products will not sell at an affordable rate if the highlighted are missining in any country!
I am an advocate for subsidy removal however the FG must first prioritize rehabilitation or building of refineries or give licenses to other players to locally refine before venturing into the removal!

openmine:

This is the part where you need to take your advise by being quiet yourself and read below to cover up your obvious callowness!
The pricing of a commodity is basically dependent on
moderate security,
stable power supply,
unified tax regime,
low transport cost and accessible roads of any country....which is what we normally refer to as a conducive environment for business to thrive!
These are the aspects that influence the production cost of any product or service and will instantly drive the price of such commodity down!
If our local producers have access to the highlighted,the price of rice or other products will slowly but surely go down!
This is why products in countries around us like benin rep,ghana and togo have cheaper products than nigeria because they have those things that Nigeria does not have currently!

They should pack. It's simple as ABC. If they are of no benefits to the common human, they should pack and go. It's not by force. Criminal calling themselves local production. So, the common Nigeria should die because local production wan produce? Yeye dey smell

Kagd10:


They should pack. It's simple as ABC. If they are of no benefits to the common human, they should pack and go. It's not by force. Criminal calling themselves local production. So, the common Nigeria should die because local production wan produce? Yeye dey smell

Chai guyman you have no idea what you are saying! SMH

Apc trying to save Nigeria from Apc

openmine:

Your comment is long but i get what you are trying to say!
Let me see if i can make you understand my point of view explicitly!
Pricing of any product or service in any country is basically dependent but not limited to....
Moderate security
stable electricity
unified tax regime
accessible roads
low production cost etc
Once the highlighted is readily available,the price of any commodity will slowly but surely reduce!
There is nothing wrong with local production or any government encouraging such,however local manufacturers of this products will not sell at an affordable rate if the highlighted are missining in any country!
I am an advocate for subsidy removal however the FG must first prioritize rehabilitation or building of refineries or give licenses to other players to locally refine before venturing into the removal!

yea.. certainly I wasn't casting any aspersions on your stand. It doesn't betray logic really. It is just a reminder that naija has an uncanny tendency to defy economic permutations. I am very sure you recall the events of years ago I was reminding you of sha, and how we all thought rice would be cheaper in the long run when Bubu shut the borders against foreign rice.

Also, I agree with what you have said now too.
Cheers.

openmine:


Chai guyman you have no idea what you are saying! SMH

I stated fact! The common man of a country is important than their local production. Any policy that doesn't help in curbing hunger in the country should pack and go. They should pack and go. It's not by force.

DenreleDave:


Rubbish as usual.. Have you been to us or UK?

No..

So how do you know those countries are doing well?

Talk less of anambra dt Peter obi failed them

I live in New York and am right now in uk on visit so say something else.

Kagd10:


I stated fact! The common man of a country is important than their local production. Any policy that doesn't help in curbing hunger in the country should pack and go. They should pack and go. It's not by force.

This is not facts!
This is sheer callowness on display!
If the foreign products were done without stable electricity,security,unified tax,accessible roads and low transport cost,their price would have been higher!
The reason why there is recommendation for local production is due to its affordability if the conducive environment for production is provided!
Now Know this,
No local manufacturer can survive in a country where they will have to contend with unstable electricity which will imply that they use the more expensive alternative which is the diesel powered generators!
No business can thrive in an environment where the transport cost is high due to the country's dependence on importation of crude oil products that should have been locally made here and sold at an affordable price!
No SME can survive in a country where you have multiple taxations,inaccessible roads and insecurity!
Once there is an absence of the required ingredients for a conducive environment,the alternative will be chosen which most times is very expensive and causes inflation!
Now these are the facts that you are intentionally ignoring.....either because you are unaware or you are just overall uninformed! Simple!

Kagd10:


Tinubu isn't your President. Sink that into your skull.

that doesnt negate this: it is buhari, Mr. Integrity, the one that Tinubu said is Nigerias only solution that has brought us to this juncture

https://dailypost.ng/2021/09/01/flashback-how-bola-tinubu-spoke-highly-of-buhari-in-2015-named-pdp-poverty-development-party/

Kagd10:


I stated fact! The common man of a country is important than their local production. Any policy that doesn't help in curbing hunger in the country should pack and go. They should pack and go. It's not by force.

the hunger don de reset your brain small small yet you still want APC. Tinubu said he will continue from where buhari stopped. so where are they going to?

https://gazettengr.com/nigerians-should-vote-tinubu-for-continuity-of-my-regime-buhari/?utm_source=ReviveOldPost&utm_medium=social&utm_campaign=ReviveOldPost

UnusualEmissary:
I hope he could give a logical and good reason why Tinubu is the 'hope'

Besides, the one person I believe in is the coming great emperor, "The Unity". That's a true leader and God willing, the world will witness the greatness of His New Era.

EMPEROR??




Sounds like A DICTATOR ..

Some of these Obi supporters want us to judge Tinubu based on Buhari(APC) but they wont want to judge Obi based on the PDP he was part of for years.

They say we should vote candidate not party but shift the goalpost when it comes to Tinubu.

When Tinubu's achievement in Lagos is mentioned, its because it was FCT 30years ago and other Governors have contributed but they can attach Buhari's lack of performance to Tinubu despite him not even being in the government.

Confused lot.

Well, Atiku is the main rival for Tinubu not Obi that is just an opportunist cashing out on the tribalistic Igbos as well as the politically ignorant ones among the youths that are desperate for a change they dnt even understand or know.

openmine:

This is not facts!
This is sheer callowness on display!
If the foreign products were done without stable electricity,security,unified tax,accessible roads and low transport cost,their price would have been higher!
The reason why there is recommendation for local production is due to its affordability if the conducive environment for production is provided!
Now Know this,
No local manufacturer can survive in a country where they will have to contend with unstable electricity which will imply that they use the more expensive alternative which is the diesel powered generators!
No business can thrive in an environment where the transport cost is high due to the country's dependence on importation of crude oil products that should have been locally made here and sold at an affordable price!
No SME can survive in a country where you have multiple taxations,inaccessible roads and insecurity!
Once there is an absence of the required ingredients for a conducive environment,the alternative will be chosen which most times is very expensive and causes inflation!
Now these are the facts that you are intentionally ignoring.....either because you are unaware or you are just overall uninformed! Simple!

They're thieves! It's not by force.

Moferere:
The thing go touch everybody

They should hand him a bag of the lake rice that Lagos and Kebbi says they produce

Wonder why with this hype rice should still be out of easy reach of ordinary Nigerians in both states

You dey craz, you no know!

Kagd10:


They're thieves! It's not by force.

Smh