₦airaland Forum

Oga,
I agree - Nigeria has so much it needs to do - and is many decades from economic takeoff.
What Nigeria needs to focus on - are Special Economic Zones or Hubs for industries - where they can create a mini-environment of excellence.
These ideally should be next to private super-efficient ports - like Leki.
The same for Tech, entertainment, etc - look for specific hubs - and support them with infrastructure.

I disagree of course that gov should go into industries - or provide cheap loans - when itself is borrowing expensively from same private sector.

All these will not take Nigeria far but will make do for now.

Of course - focus on 30 yr work required to fix Nigeria and prepare it for real economic take-off.
Starting with taming the population of Northern Nigeria, education, fixing insecurity, roads, and electricity.

Southern Nigeria is ready for take off in a decade with Kenya if their governors realize this. Unforturnately they dont.

Obaaderemi2:
First of all, establishing an industry is different from building factories.

When Morroco was going to start pulling itself out of poverty, the king and his cabinet focused on certain industries, real estate and textiles were among. Same goes for Bangladesh especially. Nigeria can do same. Not building factories but stimulating capacity in certain industries. The government can create a hub, invite major international players in such industries such as clothing and shoes mass production, and take stakes in such companies through investments arranged through commercial banks or through such sweetness as tax exemptions for a certain period of years. To put up basic facilities for such hubs would cost money but not as high as building a bridge we could ill afford, thereby digging ourselves into debts and still failing to create jobs or grow the economy. With time you'll see how well developed the economy and society would be when such industries take on a life of their own.

Even if you create an enabling environment in a place like Nigeria the private sector would still move slowly because of paucity of funds unless the government stimulate certain industries it has picked with funds.

Let me give you the example of South Korea. The chaebols which later became the big multinationals you see today were all tiny family businesses beforer the Korean war. With American aid and grants after the war the government invested in those companies. Some went into electronics, others into car manufacturing. Samsung was a playing card business until then I think.
The government gave Hyundai money and pushed its owner into building ships which it had never done until then, today it's one of the biggest in that industry.

Or is it the Chinese phone and electronics companies we want to talk about? It is heavily government influenced. Why can't we do similar things in Africa?

I go to places like Osun state and I see shiny new roads and structures that would soon become descrepit with billions wasted while their people are hungry and jobless. Seyi Makinde spent #28bn naira providing street lights in Oyo State powered with diesel. One year after it's hardly functioning. Now imagine if he had spent#14bn creating a food processing and packaging hub in Oyo State. YNorth is a small shoemaking business in Ibadan. The guy's shoes and shirt rival what we import from Italy. Why not create a hub for such people and invest heavily in their businesses. Now the governor has started work on a 110km Ibadan Circular Road.
And we keep complaining about lack of jobs. All the roads Aregberascal built in Osun, how have they stimulated growth of Osun?

Or should I give you the example of Volkswagen which is today Europe's biggest carmaker and how Hitler started it by deducting workers salaries? (Hitler madman)

We don't have the luxury of the American model to follow in Africa. America has a rich private investment culture that Africa and Asia lack. That's why China and Korea didn't follow such models at the initial stage. If Africa is going to rise the government has to be involved in industries, not just trying to create enabling environments and then sitting on their dicks waiting for investors to come. The government's business must be business.

That guy with a Ghanaian town name POKUASE is actually a product of baby making factory. He has never set eyes on his biological parents before

Just30:
I'm sure you were born at one of the many BABY MAKING FACTORIES IN NIGERIA because it really look like you fell on your head during child birth.

Station ZOY was the first TV station in Ghana which was later incorporated by law as GBC with it GTV.

These are the facts... Read and stop making noise on the internet . It must be hard for you to swallow because it bruise your pride but a fact will remain a fact.

99% agreed. Gov should support those centers of excellence in tech, entertainment, industries - and avoid spreading themselves thin. That support should be for enabling environment.

The 1% I disagree.

I don't see how a broke Nigeria gov desperately borrowing from the same private sector can lend money cheaply - except by creating more Dangote's. Countries rarely grow - never grow - from debt - but from savings - which are then invested. Nigeria is far from getting there. Right now it should try to avoid becoming another Ghana - bankrupt.

Shaytun:
We are making the same salient point here, Stimulating capacity is the same thing as creating enabling environment, Enacting good policy and bailing out distress company, those should be the main focus of the government.

It's the people that establish an industry not the government, look at some of the most successful industry in Nigeria today, Tech and Entertainment, it was the ingenuity of the citizen that led to the success of this industry, there was minimal government involvement. That cloth manufacturing is doing well in morocco does not mean it will do well here in Nigeria.

Once government start playing an active role in building business, just because of the success of such business in other climes, it's a prelude to disaster, that such business succeed in other clime does not mean it will succeed here.

Not all countries will be good in tech, that does not mean such countries will not be good and successful in other stuff, if the government of such countries decide to invest heavily in tech, they will be going against the flow of their people innate creativity, and the industry will never blossom no matter how much money is invested into it.

The success of an industry should be determined by the citizen, let the people venture into business that they think will bring them profit, the government role here is to monitor the rise of such budding industry and help propel it along towards greatness.

The YNorth example you gave, was it not a citizen ingenuity? The best thing Ibadan or Ogun state government could have done is provide access to cheap loan at a very low interest rate to this entrepreneurs, then watch how this entrepreneurs create a successful industry by themselves.

The Chaebol of south korea were the one developing new industries not the government, General park chung hee created new policies centered around "The First Five year Economic plan" , which basically granted the Chaebols unlimited loans from the bank and access to stolen foreign technology at basically no cost. That's what led to the explosive growth of the chaebols. The government didn't create any industry in Korea, the Chaebol did, the Government only provided the blue print. The Government of Korea never invested in the chaebols.

You make a good point by saying the private sector will move slowly because of lack of funds, yes, that's true, lack of funds is the death of ideas, that's why the government need to make available cheap loans at low interest rate to the private sector. All the Successful industry in Nigeria today were created and run by the private sector, all the failed industry in Our country today were created by the Government.

You must have been Buhari primary schoolmate. If he ever wants someone to vouch for his primary certificate that was eaten by a goat - I can count on you

GeneralDae:
I agree the Government must be involved in the industry too and that is the socio-capitalist system or PPP (if you prefer). However, in this PPP you'll also agree that the private sector should dominate either at the onset or most importantly after the simulation of the Federal Government.
Federal Government should however dominate in the areas of Road, Electricity, and stuff like that to make the environment conducive for investors.

vankelvin:
Ofcos your mum will watch, is she not into juju and evil stuffs. Why is it that only Nigerians watch those channels when in Ghana? Even me a Ghanaian I can't watch those channels for 5 minutes let alone watch their programmes.

In Ghana we have over 150 Tv channels
We have the Top Tv channels
We have faith based channels thus those operated by Christians, Muslims and other believers so if out of over 150 channels your mum decides to watch mallams/fetish channels who's fault is it? is she not into fetish activities?

And let me correct you on this one also,
Ghana practices an Integrated healthcare system so the Herbal medicines you see on Tv have gone through all necessary processes and have been certified and approved. Maybe in your country herbal medicines are seen as some substandard medicines but here in Ghana they are certified

IGpro1:

My people, let's sheath our swords.

The Ghanaians have learnt one or two things today.
-Don't claim other people's success or achievement
-Don't pull down others to feel good.

You have rather learnt many things from us

You now know that cinema started in Ghana many years before Nigeria started

Movies also started in Ghana many years before Nigeria started

You have also learnt that Ghanaian actors coming to act in Nigeria is just a reverse of how things were in the 70's, 80's and the early 90's where Nigerian actors were the ones coming to act here in Ghana

https://www.youtube.com/watch?v=NgkPVXvgkQ0

vankelvin:
That guy with a Ghanaian town name POKUASE is actually a product of baby making factory. He has never set eyes on his biological parents before
[b]

enough of this story . The pioneer of Nigeria film and art industry is herbert ogunde. He once came to Ghana to come practice his occupation. He meet a developed one here that he almost run at lost, history is there for who care to read.


Herbert ogunde came back to Nigeria, highly influence by Ghanaian art. He introduced Ghanaian style of drums in his band .

gallivant:
We decline your offer with extreme prejudice. They are your problem now.

You are right
That's why yuroba movies and the actors are more popular in Africa and around the world than the mainstream Ghanaian actors

You surely deserve a standing ovation, your are a genius

popizaino:
Their main stream movie industry can't even beat Yoruba movie industry in terms of quality production yet one of them had the audacity to call the whole nollywood production low quality.

You can be body deep in our matters but that won't change the fact that you are seeking refuge here in Ghana

popizaino:
Not to drag this further. Honestly, every country has owned up to the ills facing their country except for the Ghanaians and it's why I am deep neck in their case . To them they are just so perfect and better than every other country here in all ramifications. How deluded can be be ? They should stop painting a false rosy picture of an utopian Ghana that does not exist anywhere except in the figment of their own stupid imagination.

vankelvin:
You are right
That's why yuroba movies and the actors are more popular in Africa and around the world than the mainstream Ghanaian actors

You surely deserve a standing ovation, your are a genius

Stop trying to hard to reply,you are sounding ridiculous abeg. I'm talking about quality you're talking about popularity,how does quality and popularity relate?

vankelvin:
You can be body deep in our matters but that won't change the fact that you are seeking refuge here in Ghana

What else again idiot?

This needs to be taught in Nigerian schools!

We are fed up with stories of they taught us this they taught us that eventhough we started many years before they did

vaxx:
enough of this story . The pioneer of Nigeria film and art industry is herbert ogunde. He once came to Ghana to come practice his occupation. He meet a developed one here that he almost run at lost, history is there for who care to read.


Herbert ogunde came back to Nigeria, highly influence by Ghanaian art. He introduced Ghanaian style of drums in his band .

popizaino:
Stop trying to hard to reply,you are sounding ridiculous abeg. I'm talking about quality you're talking about popularity,how does quality and popularity relate?

which quality?
You get mind to compare the quality of those ordinary yuroba movies to our mainstream movies? are you okay upstairs

vankelvin:
which quality?
You get mind to compare the quality of those ordinary yuroba movies to our mainstream movies? are you okay upstairs

U have time for that useless refugee

Mkenya2019:
99% agreed. Gov should support those centers of excellence in tech, entertainment, industries - and avoid spreading themselves thin. That support should be for enabling environment.

The 1% I disagree.

I don't see how a broke Nigeria gov desperately borrowing from the same private sector can lend money cheaply - except by creating more Dangote's. Countries rarely grow - never grow - from debt - but from savings - which are then invested. Nigeria is far from getting there. Right now it should try to avoid becoming another Ghana - bankrupt.

Only in your imagination

Kenya should trying saving like Ghana so what you're currently going through will be avoided.. Bankrupt .
Nigeria is okay, they've got good savings like Ghana

All they have to do is reign in the cartels to to avoid artificial shortages

@Generaldae are you taking note?

Ghana is bankrupt and out for next 15yrs.
Nobody is interested in discuscing anything on Ghana until you're able to meet your debt obligation.
Focus on nailing a debt restructuring deal this year.
https://twitter.com/BBSimons/status/1616388255364313090

The contagion is just starting...

"Ghana's under pressure Cocobod defaults on maturing debt obligations shocking capital market players. Industry insiders claim that Cocobod, the country's cocoa exporting monopoly, has been told to apply their investments in the banking sector to settle creditors."

Just30:
Only in your imagination

Kenya should trying saving like Ghana so what you're currently going through will be avoided.. Bankrupt .
Nigeria is okay, they've got good savings like Ghana

All they have to do is reign in the cartels to to avoid artificial shortages

Lol this Ghanaians are so funny



They even started heaven and earth

popizaino:
@Generaldae are you taking note?

We are taking note bro.

vankelvin:
You have rather learnt many things from us

You now know that cinema started in Ghana many years before Nigeria started

Movies also started in Ghana many years before Nigeria started

You have also learnt that Ghanaian actors coming to act in Nigeria is just a reverse of how things were in the 70's, 80's and the early 90's where Nigerian actors were the ones coming to act here in Ghana

https://www.youtube.com/watch?v=NgkPVXvgkQ0

Which cinema

Tell me the name of the first independent movie in Ghana?


Which of the actors came to Ghana

Na lie go kill Una a swear.

They even claim they have TV set before British

The first cenima in Nigeria in Glover Memorial Hall in Lagos from 12 to 22 August 1903.



Someone should please tell me when that of Ghana started 19th century to 20th century is not a date.

Mkenya2019:
Ghana is bankrupt and out for next 15yrs.
Nobody is interested in discuscing anything on Ghana until you're able to meet your debt obligation.
Focus on nailing a debt restructuring deal this year.
https://twitter.com/BBSimons/status/1616388255364313090

The contagion is just starting...

"Ghana's under pressure Cocobod defaults on maturing debt obligations shocking capital market players. Industry insiders claim that Cocobod, the country's cocoa exporting monopoly, has been told to apply their investments in the banking sector to settle creditors."

Now that your narrative on Ghana bankruptcy didn't work, you've turned to individual companies?

Anyway cocobod hasn't defaulted on it debts but it is at risk of doing so.

Focus on KQ defaults for the last 10 years ... You treasury is fed up and is threatening to not pay anymore of KQ liabilities from this year

That's good because no country should be paying debts of companies that have not been viable for 10 years

vankelvin:
which quality?
You get mind to compare the quality of those ordinary yuroba movies to our mainstream movies? are you okay upstairs

None of your movies comes close to Anikulakpo and it a Yoruba movie.

Mkenya2019:
Ghana is bankrupt and out for next 15yrs.
Nobody is interested in discuscing anything in Ghana until you're able to meet your debt obligation.
Focus on nailing a debt restructuring deal this year.
https://twitter.com/BBSimons/status/1616388255364313090

The contagion is just starting...

"Ghana's under pressure Cocobod defaults on maturing debt obligations shocking capital market players. Industry insiders claim that Cocobod, the country's cocoa exporting monopoly, has been told to apply their investments in the banking sector to settle creditors."

If you can ignore this guy kindly do that.
He's a baseless ranter. He will drag you into his mess and the mess of his irrelevant country. At the end of the day, big boys will end up losing.

ItooWorWor:
None of your movies comes close to Anikulakpo and it a Yoruba movie.

Don't argue with that one,he would bring you to the level of his stupidity and beat you with experience. I have seen their movies and they dare not compare with local Yoruba movie in terms of production quality, storyline and what have you. Le that one keep blowing hot air. Na their way.

ItooWorWor:
Lol this Ghanaians are so funny



They even started heaven and earth

It is good you know that too

ItooWorWor:
Which cinema

Tell me the name of the first independent movie in Ghana?


Which of the actors came to Ghana

Na lie go kill Una a swear.

They even claim they have TV set before British

Ignorance is a disease so free yourself from it
Even as your veteran said it in the video you still have mouth to ask question.

I will just leave this one here for you

https://www.youtube.com/watch?v=NgkPVXvgkQ0

ItooWorWor:
None of your movies comes close to Anikulakpo and it a Yoruba movie.

We know
Even No Hollywood movie comes close to anikulakpo

vankelvin:
Ignorance is a disease so free yourself from it
Even as your veteran said it in the video you still have mouth to ask question.

I will just leave this one here for you

https://www.youtube.com/watch?v=NgkPVXvgkQ0

Veteran who made him a vet The failed actor can never be a vet and not even among top 200


Tell me she Ghana first movie was made and show me the movie.

vankelvin:
We know
Even No Hollywood movie comes close to anikulakpo

Truth hurts

Nigeria produced it first independent movie was in 1957




Our and suppose first of all neigbours did theirs in 1981