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Nairaland Forum / Nairaland / General / Politics / FG Okays Re-Opening Of Seme Border For Vehicle Importation (54727 Views)
FG Threatens To Open Border For Cement Importation / FG Okays Re-opening Of Seme Border For Vehicle Importation / Atedo Peterside: 'Why Open Border For Dangote & Refuse Others?' (2) (3) (4)
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Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Essenza01: 7:15am On Jun 22, 2023 |
I dont see this as a good move... of what use is this policy? 2 Likes 1 Share |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Essenza01: 7:18am On Jun 22, 2023 |
Inception: How? Are the cars not still shipped from same country its shipped now?.. would the duty not be same as paid now? It's only increases smuggling. 4 Likes 1 Share |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by inoki247: 7:30am On Jun 22, 2023 |
Essenza01: Nothing will even decrease Xefa is more than Naira now so from there alone that's where problem will start first and u start seeing shipping from Nigeria pay pass Cotonou sef.... Assuming na when Naira get value now na another thing.... I saw My Cotonou friend ads yesterday a 4matic Tokunbo 40million Xefa that's like 45m or so In Naira how much I wan come even buy m from Nigeria and like this I go still do documentation for my country oh... 3 Likes |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Wealthoptulent(m): 7:34am On Jun 22, 2023 |
Kuginzi: But on a long run with this car prices go crash.. corolla go know e mate now 1.7 car turned 4m no be juju.. its cheaper car landing on 🇧🇯 Republic coast. 2 Likes |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by OneCandleAway(f): 7:40am On Jun 22, 2023 |
tollyboy5: I'm not even sure we gave comparative advantage in rice production. It's either you hear flood destroyed the farm or another story. If we know we can't produce enough rice let's keep importing or the government focus on foods that can be used a lot substitute. 1 Like |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by MorataFC: 7:40am On Jun 22, 2023 |
tollyboy5:Abeg help me ask him, even the one grown here is total rubbish and tasteless. 1 Like |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by omenka(m): 7:41am On Jun 22, 2023 |
superCleanworks:Went to get a Corolla 07 for a cousin to use as Bolt two weeks ago. Couldn't believe what those dealers were telling me. 6 Likes |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by SmartPolician: 7:41am On Jun 22, 2023 |
Buhari just came to Nigeria to take this country backwards for 20 years. Yeye man wey close borders without thinking of its consequences. I hope the prices of cars will become more affordable when the border is reopened. 7 Likes |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Ex0rrcist: 7:43am On Jun 22, 2023 |
Raskimonojendor:Prices of used cars are high after covid, most especially in the west where we get our used car from. That also adds to the price increase of used cars in Nigeria, and import duty was also raised significantly. |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Tsolutionifede(m): 7:46am On Jun 22, 2023 |
jackcanfield:always complaining |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by adebayo987: 7:49am On Jun 22, 2023 |
Kuginzi:We're gradually saying goodbye to Buhari's regime. |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Paretomaster1(m): 7:54am On Jun 22, 2023 |
Jogs1900: Enemies of the nation, na una go still dey shout when the value of Naira keep nosediving. 4 Likes 1 Share |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Ogene001: 7:54am On Jun 22, 2023 |
WorldRichest:He was talking about rice 2 Likes 1 Share |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Raskimonojendor: 7:55am On Jun 22, 2023 |
Ex0rrcist:Laws of demand and supply. Covid caused acute chip shortages. Most new cars in advanced countries from ordering to delivery are around 8 months away, except one is lucky to find a dealer with existing inventory of exactly what one wants. Lack of new cars made used cars sales hot as well. All the above you listed are hammering everywhere in the world. However, Nigeria had an additional cost added on due to closure of the seme border by Buhari's administration. |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Ex0rrcist: 8:08am On Jun 22, 2023 |
Raskimonojendor:Yeah, I quite agree with what you said. 1 Like |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by jumper524(m): 8:08am On Jun 22, 2023 |
pedel:but when it's cheaper to import than to produce, I think its a better idea. Cheaper commodities should be imported rather than produced and sold at a more expensive rate. We can also export our cheaper commodities to other countries. That's how country grow. 4 Likes |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by immortalmortal: 8:11am On Jun 22, 2023 |
pedel: As they stopped the importation, how did it help our economy? Our economy became worse than it ever was. USA is the highest importing country and china too is one of the highest and they have one of the best economies in the world 5 Likes |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Mendy101: 8:12am On Jun 22, 2023 |
pedel: Since they closed the border what have the country gained if not to buy those same products expensive, insecurity is still threatening the farmers 2 Likes |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by leisuretym: 8:13am On Jun 22, 2023 |
At least one can now enter Benin to select a clean car over accidental cars imported by Nigerians dealers 5 Likes |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by obi58: 8:14am On Jun 22, 2023 |
pedel: Shut up your mouth.... What has been the success recorded with rice apart from enriching the rice cartel and increasing cost of rice from 8k to 40k? In a situation where there is insufficient food supply domestically food prices will continue to rise unless local production is ramped up ( which for now seems unlikely especially with the insecurity in the north). To counter food scarcity there is need to import the shortfall pending resolution of the structural issues in the agricultural sector. 10 Likes |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Bigchristo: 8:15am On Jun 22, 2023 |
pedel:You always see the problem without profiling a solution to it, what happened to govt funding agriculture and encouraging farmers to invest heavily on rice produce to satisfy the entire nation? If you want to ban importation first of all encourage production of that same food or product to be domestically produced and have excess to meet with demands of the citizens that’s what a wise govt should do not just closing borders without plans check currently local rice is competing with foreign rice in price despite its not up to standards of the foreign rice, we are our own problems in this country 8 Likes 1 Share |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by RIDOO: 8:15am On Jun 22, 2023 |
gfelo: Maybe it will start running on water. |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Jogs1900: 8:15am On Jun 22, 2023 |
Paretomaster1:Calm down..It's obvious Nigeria can't feed itself for now hence the high cost of food. It's a temporary measure. Even if the country is poor, food is meant to be cheap. 1 Like |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by fabolouz1(m): 8:16am On Jun 22, 2023 |
The decision to close it was a faux pas in the first instance. 1 Like |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Ireportlive: 8:16am On Jun 22, 2023 |
Thanks President Bola Ahmed Tinubu |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Gabbriell: 8:17am On Jun 22, 2023 |
Godisablealltim: Not only cheaper, it is also better in terms of quality 2 Likes |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Jogs1900: 8:17am On Jun 22, 2023 |
obi58:Only the wise will reason with your points. You've done well 1 Like |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Exceed15: 8:18am On Jun 22, 2023 |
Food import most importantly. The greatest mistake of Buhari was closing up borders in the name of us embracing our local rice that the masses cannot even afford. So what's the essence? Competition is healthy. It controls Inflation. 3 Likes |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Flangelo12: 8:18am On Jun 22, 2023 |
forexprophet: Sharap. He is right. How can quote country of over 200 million people with mostly arable land be talking about importing staples that can be grown locally? Don't be a blockhead. Think. 1 Like |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by MT: 8:20am On Jun 22, 2023 |
Jogs1900: I won't blame you , you simply don't understand how micro economics works. |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Nobody: 8:20am On Jun 22, 2023 |
Why was it closed Initially?? Nonsense. 2 Likes |
Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by Zealag(m): 8:21am On Jun 22, 2023 |
WICKED PEOPLE. Now wey cost of fuel don rise Inflation soaring up Na bicycle I go buy and import through seme boader instead of car Long over due tho 2 Likes |
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