₦airaland Forum

londoner:
Well, is it not Ghana hat wanted businesses to pay $300,000 to do business there? Would it not have bankrupted them?

The $300,000 dollars which was raised from $100,000 after intense lobbying and overt threats from Nigerian officialdom to Ghanaian authorities is to prevent petty trading, Ghana does not want foreigners who will be operating in kiosks.

atlwireles:
Can you give us some examples of the 91 items?

The list of companies include Phyto-Ricker
Pharmaceuticals, manufacturers of
pharmaceutical products; Duraplast, Interplast,
and EPPL, all plastic manufacturing companies;
Azar Chemicals, manufacturers of Azar paints;
Getrade Wire and Wire Weaving Limited, all wire
weaving companies.

JiggamanGh:
That gas deal has hurt us more than helped. We should forget about Nigerias gas and look elsewhere. Personally I want the government to invest more on solar and wind, couple that with the jubilee gas should enough for us.

Oh! Charley, Ghana's gas project delayed as a result of a change in government in 2008, the previous one had arranged with Trinidad and Tobago. Nigeria is a convenient excuse for Mahama, because aside from Asogli which uses gas to power its turbines, the other IPP's can switch to crude if there is a shortfall in gas. The chairman has really enlightened Ghanaians. Nigerians cannot even meet their contractual obligations, Ghana depends on about 60% of hydro and 30% on crude for power generation, so I don't get it when Nigerians say they power Ghana.

GHKWAME1:
The list of companies include Phyto-Ricker
Pharmaceuticals, manufacturers of
pharmaceutical products; Duraplast, Interplast,
and EPPL, all plastic manufacturing companies;
Azar Chemicals, manufacturers of Azar paints;
Getrade Wire and Wire Weaving Limited, all wire
weaving companies.

I will do some checking on this, this is news to me. Basically, Nigeria prohibited, pharmaceuticals, chemicals, plastics and cable wires. If this is correct, then the president of Ghana has a point.

atlwireles:
I will do some checking on this, this is news to me. Basically, Nigeria prohibited, pharmaceuticals, chemicals, plastics and cable wires. If this is correct, then the president of Ghana has a point.

Google is not synonym for research, but in this case it will hasten your search. Enjoy!

GHKWAME1:
Google is not synonym for research, but in this case it will hasten your search. Enjoy!

I will talk to a good friend with Nigerian customs. Actually based at the Seme border post.

atlwireles:
I will do some checking on this, this is news to me. Basically, Nigeria prohibited, pharmaceuticals, chemicals, plastics and cable wires. If this is correct, then the president of Ghana has a point.

Aviation also

http://nigerianewsday.com/business/2300-nigeria-bullies-ghana-in-aviation-market

atlwireles:
I will talk to a good friend with Nigerian customs. Actually based at the Seme border post.

Why not use the internet? Africa in not included in "the right to be forgotten" you know.

JiggamanGh:
Aviation also

http://nigerianewsday.com/business/2300-nigeria-bullies-ghana-in-aviation-market

Based on personal experience, I know africaworld airlines flies twice a week to Lagos from Accra.

atlwireles:
Based on personal experience, I know africaworld airlines flies twice a week to Lagos from Accra.

Upon further research, it seems the law has changed.

http://mobile.ghanaweb.com/GhanaHomePage/business/artikel.php?ID=275343

I guess it is only in nigeria that the cost of producing power by generators is said to be cheaper than what is produced by the national grid. It does not make sense. and I don't belive it when you said power produced by generators are cheaper. can you prove it? and I saw this article on the net a few minutes ago

Why companies will continue to leave Nigeria for Ghana

That many companies have divested in Nigerian economy is no longer news. The disturbing issues are will Nigeria ever absorb the shock of this companies exodus? Are there any deliberate efforts towards making the companies come back?

For the most part of the last 10 years of Nigeria’s democracy, there has been near collapse of infrastructure. The development has been so bad that most businesses groan under intense pain due to overhead cost incurred in providing alternative infrastructure like power. In fact, power has become an albatross to the nation’s manufacturing sector.

For instance, in 1999, manufacturing sector accounted for not less than five percent of the Gross Domestic Product (GDP). This shrunk to 4.9 percent in 2000.

As a result of high cost of production that results from inadequate infrastructure, the manufacturing capacity utilization remains on the down side.

The manufacturing sector is further bogged down by massive decline in capacity utilisation resulting from high exchange rate of the Naira and congestion at the ports. Prior to the financial meltdown, the manufacturing sector had not fared better largely due to lack of infrastructure and high production cost.

President of the National Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA), Simon Okolo said there has not been significant improvement in infrastructure.

According to him, industrial/commercial centres continued to witness heavy traffic, thereby constituting undesirable delays to motorists and other road users while the rail and mass transit schemes did not receive the desired boost necessary to transform the transport sector.

Owing to these, the domestic economy witnessed an unprecedented closure of factories and production plants last year.

Indeed, it was a confirmation that the nation’s domestic economy was sinking. With the weakening economy, more sectors were being affected by the recession and the unemployment profile kept rising.

The president of the Manufacturers Association of Nigeria (MAN), Alhaji Bashir Borodo disclosed to Sunday Trust that absence of conducive manufacturing environment and basic infrastructure would continue to draw back the sector, except something urgent was done to reverse the situation.

According to him, the dream of Nigeria being an exporter of manufactured goods would remain a mirage since Nigeria had thrown away agriculture and blindly embraced oil export.

The recent decision of some companies that had bases in Nigeria to relocate to Ghana was another confirmation that the nation’s industrial sector was still held in hostage.

Last year, Dunlop Nigeria Plc., the only surviving tyre manufacturing company in Nigeria then, shut down its plants and laid off hundreds of its workers and put some on half pay.



Dunlop Nigeria Plc and Michelin had relocated to Ghana. Patterson Zochonis (PZ) is also planning to relocate to Ghana, even as Cadbury Nigeria Plc, Unilever and the International Institute of Tropical Agriculture (IITA) this year, sacked sizeable number of their workers over reported high cost of production, decaying infrastructure as well as the ravaging global economic recession.



Unconfirmed sources also said Guinness Plc was already putting spanners into works to move its business to Ghana, while some companies were said to have expressed readiness to move.



However, External Relations Manager of Dunlop, Sola Adebanjo said his company did not relocate to Ghana. He said the rumoured relocation of the tyre company stemmed from its drive to establish sister branch in the Gold Coast.



He told SundayTrust that the Dunlop version of Nigeria was still intact and operational.But not many Nigerians would buy Adebanjo’s position.



Recently, members of the Lagos State House of Assembly expressed concern over the relocation of manufacturing companies.



This was brought to the attention of the House under Matters of Urgent Public Importance by Sanai Agunbiade, chairman, House Committee on Commerce and Industry.



Agunbiade said manufacturing companies in Nigeria were already folding up, to relocate to Ghana and take advantage of the liberal investment incentives there.



According to him, the implication for the state was high unemployment rate and increase in criminal activities.



While attributing the development to constant power outage, he added that “manufacturers in Nigeria were crying over the power situation in the country which is the real bane of the manufacturing sector.



“I think Lagos State Government should call on the federal government to allow us implement the Independent Power Project (IPP) and distribute power to industrial areas, because Lagos would be most affected by this movement of industries to Ghana.”



Contributing to the debate, Chairman, House Committee on Finance, Adeola Olamilekan said it was high time the federal government decentralised Power Holding Company of Nigeria (PHCN), because huge funds injected into the body had not yielded desired impact.



The president of the Trade Union Congress (TUC) Peter Esiele lamented that the relocation of companies to Ghana was a sad situation that would forever impinge on the nation’s development.



He said the relocation was a manifestation that government had no concrete plans to develop infrastructure with a view to bringing more investments into the country.



He said the business environ-ment in the country was in disarray in the sense that many businesses groaned under intense pain to survive.




According to him, it was only companies that had thrown ethics to the dogs that survived “the harsh business environment”. He said it was amazing that the government that had not deemed it fit to put infrastructure in order imposed heavy taxes on businesses.




The Director General of Nigeria Textile Manufacturers Association, Jaiyeola Peters said the Ghana government’s plan to give the relocating companies 15-year tax holidays was a manifestation that the government had created an enabling environment to receive them.




A manufacturer, Ligali Mohammed lamented that the Ministry of Commerce and Industry had done little or nothing to boost investment drive in the country. ‘’Obviously, infrastructure is zero-some here and hope of reviving same is just not there. The minister keeps promising that infrastructure would be fixed, bail-out funds would be provided to ailing industries like the textiles, but where are the infrastructure and the bail-out funds?




‘’So, if manufacturing companies decide to go to Ghana, no one should apportion blame on them, for they are in business to make profit. And they are entitled to do their business where they consider safe.”




According to Ligali, government had lost its grip on all sectors wondering how government would achieve the so-called vision 2020.




Painting the sordid picture of power in Lagos recently, the chairman of Ikeja Branch of the MAN, Mr Godwin Oteri said, “Private power generation accounted for 30percent of the cost of production and the inadequacy of supply is majorly responsible for 25.24 percent average capacity utilization.” Today, the power situation in the country has further plummeted.


The country’s quest to hit the 6000MW by the end of the year remains a super-miracle to those in the know.




The current situation should therefore, be a litmus test for the federal government. Government needs to evolve economic agenda that would boost the investment climate of the country.




The Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi had already offered a way out of the nation’s economic doldrums by advising government to concentrate only on revitalization of the power sector instead of the bogus seven-point agenda.




Whether government would listen to Sanusi’s sermon is a matter many are still waiting to see.




At Proshare, our articles, materials and contents stem from critical research work and analysis which are of world class standard that require investment. Hence, we regard them as intellectual property which should not be trampled on. Please, do not cut & paste articles, rather share with the sharing tools provided below the articles. See our Terms & Conditions and Copyright Policy for more details or Email: contact@proshareng.com to know more.

atlwireles:
The cost of using generators by manufacturers in Nigeria is actually cheaper than public power. There is a reason the Nigerian's manufacturing sector produces almost 15,000 megawatts of power. The cost of production is not higher in Nigeria.

http://www.ventures-africa.com/2014/04/dangote-others-generate-15000mw-of-electricity-from-private-plants/

VENTURES AFRICA – BUA Group, Honeywell and Dangote Group in conjunction with similar manufacturing plants across Nigeria are generating more than 15,000 megawatts of electricity used by the companies off the national grid, Dr. Lazarus Angbazo, President and CEO of General Electric (GE) Nigeria disclosed at the weekend.

According to him, the captive power of 15,000mw is sufficient for the private companies to operate.

“When I say they are captive, I am talking about consumer industrial groups that are self-generating, like the Dangote Cement, Bua Cement, Lafarge Cement and others,” explained Angbazo.

He said due to inefficient power supply, these groups are constructing private power plants to ensure their operations are not affected by epileptic supply of electricity in the country.

JiggamanGh:
Great timing, tnx for the poem. That's what I am trying to tell Londoner, Nigeria only like to make itself seem bigger and important with nonsense policy. A Nigerian will buy foreign air even if Nigerian air is of better quality.

That is what we are trying to reverse. The poem posted actually supports my position and that of the direction Nigeria is going in.

The government has seen the madness in importing what we can produce ourselves.

Get ready, the bill is coming and it is in tandem with investment in industry. Nigeria's imports are decreasing, thank goodness and long may it continue.

We want to service our own market....simple. Whoever doesn't like it......Oh well.

They want our borders opened and also with their other face use the fact that we currently import to insult us. They jut want their cake and eat it too....to sell to the people they despise, to be active in a country they refuse to invest in.

Come to Nigeria and invest, if not, don't sell to us. Companies from as far away as Asia or SA are setting up shop in NIgeria instead of just complaining..........Dangote, banks and co are onshore and investing, creating jobs in Ghana, not simply importing from Nigeria.

CrudeGH:
I guess it is only in nigeria that the cost of producing power by generators is said to be cheaper than what is produced by the national grid. It does not make sense. and I don't belive it when you said power produced by generators are cheaper. can you prove it? and I saw this article on the net a few minutes ago

Why companies will continue to leave Nigeria for Ghana

That many companies have divested in Nigerian economy is no longer news. The disturbing issues are will Nigeria ever absorb the shock of this companies exodus? Are there any deliberate efforts towards making the companies come back?

For the most part of the last 10 years of Nigeria’s democracy, there has been near collapse of infrastructure. The development has been so bad that most businesses groan under intense pain due to overhead cost incurred in providing alternative infrastructure like power. In fact, power has become an albatross to the nation’s manufacturing sector.

For instance, in 1999, manufacturing sector accounted for not less than five percent of the Gross Domestic Product (GDP). This shrunk to 4.9 percent in 2000.

As a result of high cost of production that results from inadequate infrastructure, the manufacturing capacity utilization remains on the down side.

The manufacturing sector is further bogged down by massive decline in capacity utilisation resulting from high exchange rate of the Naira and congestion at the ports. Prior to the financial meltdown, the manufacturing sector had not fared better largely due to lack of infrastructure and high production cost.

President of the National Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA), Simon Okolo said there has not been significant improvement in infrastructure.

According to him, industrial/commercial centres continued to witness heavy traffic, thereby constituting undesirable delays to motorists and other road users while the rail and mass transit schemes did not receive the desired boost necessary to transform the transport sector.

Owing to these, the domestic economy witnessed an unprecedented closure of factories and production plants last year.

Indeed, it was a confirmation that the nation’s domestic economy was sinking. With the weakening economy, more sectors were being affected by the recession and the unemployment profile kept rising.

The president of the Manufacturers Association of Nigeria (MAN), Alhaji Bashir Borodo disclosed to Sunday Trust that absence of conducive manufacturing environment and basic infrastructure would continue to draw back the sector, except something urgent was done to reverse the situation.

According to him, the dream of Nigeria being an exporter of manufactured goods would remain a mirage since Nigeria had thrown away agriculture and blindly embraced oil export.

The recent decision of some companies that had bases in Nigeria to relocate to Ghana was another confirmation that the nation’s industrial sector was still held in hostage.

Last year, Dunlop Nigeria Plc., the only surviving tyre manufacturing company in Nigeria then, shut down its plants and laid off hundreds of its workers and put some on half pay.



Dunlop Nigeria Plc and Michelin had relocated to Ghana. Patterson Zochonis (PZ) is also planning to relocate to Ghana, even as Cadbury Nigeria Plc, Unilever and the International Institute of Tropical Agriculture (IITA) this year, sacked sizeable number of their workers over reported high cost of production, decaying infrastructure as well as the ravaging global economic recession.



Unconfirmed sources also said Guinness Plc was already putting spanners into works to move its business to Ghana, while some companies were said to have expressed readiness to move.



However, External Relations Manager of Dunlop, Sola Adebanjo said his company did not relocate to Ghana. He said the rumoured relocation of the tyre company stemmed from its drive to establish sister branch in the Gold Coast.



He told SundayTrust that the Dunlop version of Nigeria was still intact and operational.But not many Nigerians would buy Adebanjo’s position.



Recently, members of the Lagos State House of Assembly expressed concern over the relocation of manufacturing companies.



This was brought to the attention of the House under Matters of Urgent Public Importance by Sanai Agunbiade, chairman, House Committee on Commerce and Industry.



Agunbiade said manufacturing companies in Nigeria were already folding up, to relocate to Ghana and take advantage of the liberal investment incentives there.



According to him, the implication for the state was high unemployment rate and increase in criminal activities.



While attributing the development to constant power outage, he added that “manufacturers in Nigeria were crying over the power situation in the country which is the real bane of the manufacturing sector.



“I think Lagos State Government should call on the federal government to allow us implement the Independent Power Project (IPP) and distribute power to industrial areas, because Lagos would be most affected by this movement of industries to Ghana.”



Contributing to the debate, Chairman, House Committee on Finance, Adeola Olamilekan said it was high time the federal government decentralised Power Holding Company of Nigeria (PHCN), because huge funds injected into the body had not yielded desired impact.



The president of the Trade Union Congress (TUC) Peter Esiele lamented that the relocation of companies to Ghana was a sad situation that would forever impinge on the nation’s development.



He said the relocation was a manifestation that government had no concrete plans to develop infrastructure with a view to bringing more investments into the country.



He said the business environ-ment in the country was in disarray in the sense that many businesses groaned under intense pain to survive.




According to him, it was only companies that had thrown ethics to the dogs that survived “the harsh business environment”. He said it was amazing that the government that had not deemed it fit to put infrastructure in order imposed heavy taxes on businesses.




The Director General of Nigeria Textile Manufacturers Association, Jaiyeola Peters said the Ghana government’s plan to give the relocating companies 15-year tax holidays was a manifestation that the government had created an enabling environment to receive them.




A manufacturer, Ligali Mohammed lamented that the Ministry of Commerce and Industry had done little or nothing to boost investment drive in the country. ‘’Obviously, infrastructure is zero-some here and hope of reviving same is just not there. The minister keeps promising that infrastructure would be fixed, bail-out funds would be provided to ailing industries like the textiles, but where are the infrastructure and the bail-out funds?




‘’So, if manufacturing companies decide to go to Ghana, no one should apportion blame on them, for they are in business to make profit. And they are entitled to do their business where they consider safe.”




According to Ligali, government had lost its grip on all sectors wondering how government would achieve the so-called vision 2020.




Painting the sordid picture of power in Lagos recently, the chairman of Ikeja Branch of the MAN, Mr Godwin Oteri said, “Private power generation accounted for 30percent of the cost of production and the inadequacy of supply is majorly responsible for 25.24 percent average capacity utilization.” Today, the power situation in the country has further plummeted.


The country’s quest to hit the 6000MW by the end of the year remains a super-miracle to those in the know.




The current situation should therefore, be a litmus test for the federal government. Government needs to evolve economic agenda that would boost the investment climate of the country.




The Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi had already offered a way out of the nation’s economic doldrums by advising government to concentrate only on revitalization of the power sector instead of the bogus seven-point agenda.




Whether government would listen to Sanusi’s sermon is a matter many are still waiting to see.




At Proshare, our articles, materials and contents stem from critical research work and analysis which are of world class standard that require investment. Hence, we regard them as intellectual property which should not be trampled on. Please, do not cut & paste articles, rather share with the sharing tools provided below the articles. See our Terms & Conditions and Copyright Policy for more details or Email: contact@proshareng.com to know more.

Please, when was this story written? This sounds more like a 5-10 years old article.

atlwireles:
Please, when was this story written? This sounds more like a 10 years old article.

Even if they relocate, they will have to pay a fee to import into Nigeria (either way we will gain), it may even make it more expensive to operate outside Nigeria.
Comments to the article were dated in 2012, but I don't know when it was written. It was before all the government investments in infrastructure, changes in law and investment. From 2014 onwards, it will not be businss as usual for companies importing goods to Nigeria.

GHKWAME1:
Why not use the internet? Africa in not included in "the right to be forgotten" you know.

Like I said, I spoke to a friend and technically Nigerian fears remain the same. He said, most of these products are not manufactured in Ghana and Ghana is just a landing spot for transit to Nigeria. I also found this news link from 10 years ago.

http://www.ghanaweb.com/GhanaHomePage/NewsArchive/artikel.php?

Nigeria to lift ban on Ghanaian goods.

THE Nigerian government?s ban on over one hundred Ghanaian products may finally be lifted, following a request by the Nigerian authorities for a list of Ghanaian products wishing to access the country?s market.

The move follows a successful agreement last month between the governments of Ghana and Nigeria, concerning the latter?s outlaw of 96 Ghanaian products from its market earlier this year. A large number of Ghanaian industries have been affected by the ban, which applied to all Ghanaian exports to Nigeria except salt.

The ban came despite the existence of the ECOWAS protocol on free movement of goods and services in the region which should guarantee against such measures. Under the Trade Liberalisation Treaty, member countries are free to export and import items into the other country, devoid of quotas or any forms of restrictions.

The Ghana National Chamber of Commerce and Industry, which is the umbrella body for Ghanaian businesses, has accordingly been charged by the Trade and Industry Ministry to compile the list of Ghanaian manufacturers for onward submission to the Nigerian authorities for action, by the end of this week. Checks by The Statesman at the Chamber on Friday revealed that officials have already put together the first list of fifteen companies and their products to be submitted to the Government by the deadline.

The first list of companies include Phyto-Ricker Pharmaceuticals, manufacturers of pharmaceutical products; Duraplast, Interplast, and EPPL, all plastic manufacturing companies; Azar Chemicals, manufacturers of Azar paints; Getrade Wire and Wire Weaving Limited, all wire weaving companies.

Emmanuel Doni-Kwame, Head of Marketing, Trade and Investment Promotions at the Chamber, told The Statesman that the Nigerian authorities, led by Finance Minister Ngozi Okonjo-Iwaela, are now keen to issue a waiver on the products once their conditions are met.

Industry analysts, including some members of the Chamber of Commerce, said it was the contention of the Nigerian authorities that Ghana has ?over-liberalised its markets, making it a fertile dumping ground for cheap imports from Europe and Asia?.

Speaking to The Statesman on condition of anonymity, they said it was the belief of the Nigerian authorities that Ghana attracts cheap imports from Asia because it is seen as an easy gateway, with Nigeria being the final destination for these cheap products. They said that Nigeria would want Ghana to enforce tighter control over its market to prevent an influx of cheap products swamping its domestic market.

Kwasi Abeasi, Chief Executive of the African Business Roundtable, told The Statesman that Nigeria could afford to show such adamancy on this issue because the country does not subscribe to the World Bank, which gives it greater flexibility to determine which products enter its market. Ghana, on the other hand, is less free to exercise such discretion because of the checks placed on it by the Bretton Woods Institutions.

Mr Abeasi assured The Statesman that he is taking the issue up with President Obasanjo of Nigeria, and that he will be supported in this by the Chairman of the NEPAD Business Group, Alhaji Bamanga Tukur, who is also a member of the Nigerian Business Advisory Council.

Last month, Private Sector Development Minister Kwabena Bartels rejected calls for retaliation to the ban, saying that Ghana is not ready for a trade war. Now, there are high hopes of reconciliation and a lift of the boycott. Meanwhile in another development, Nigeria has also introduced a new tariff structure with effect from October 1, as it begins the implementation of the ECOWAS Common External Tariff (CET).

The new scheme reduces from 30 to 20 percent the tariff on imported second-hand cars, but approves a special trade tariff on rice and cigarette, at 100 and 150 percent respectively, instead of 50 percent under CET.

CET seeks to harmonise the tariff regime of all ECOWAS countries for a sub-regional tariff structure. It is designed to boost the market for goods and services in the sub-region, integrate trade, and maximise opportunities for business towards the creation of an economic union for West Africa.

londoner:
Even if they relocate, they will have to pay a fee to import into Nigeria (either way we will gain), it may even make it more expensive to operate outside Nigeria.
Comments to the article were dated in 2012, but I don't know when it was written. It was before all the government investments in infrastructure, changes in law and investment. From 2014 onwards, it will not be businss as usual for companies importing goods to Nigeria.

It looks like a story from 2005 or 2009. The changes in the Nigerian manufacturing sector in the last 3 years are breath taken.

Well, this article if from January 2014. Apparently, Michelin and DN tyres (formally Dunlop) are in consultation to restart their manufacturing activities in Nigeria. If the Nigerian government addresses the issues which lead to the relocation in the first place (which they are doing), it will spur off a reinvestment, or new investments, which it has done so far.

http://www.vanguardngr.com/2014/01/nigeria-auto-policy-attracting-attention-auto-makers-nac-dg/

atlwireles:
It looks like a story from 2005 or 2009. The changes in the Nigerian manufacturing sector in the last 3 years are breathe taken.

I agree, and it is to spread to other industries where possible. WE can actually do this. Nigeria will be a very different place (for the better) come ten years.

londoner:
Well, this article if from January 2014. Apparently, Michelin and DN tyres (fomally Dunlop) are in consultation to restart their manufacturing activities in Nigeria. If the Nigerian government addresses the issues which lead to the relocation in the first place (which they are doing), it will spur off a reinvestment, or new investments, which it has done so far.

http://www.vanguardngr.com/2014/01/nigeria-auto-policy-attracting-attention-auto-makers-nac-dg/

Correct, the provision of gas, mainly to the Agbara/sango otta axis, changed the cost component of many manufacturers. Getting gas to industrial estate has made the lack of PHCN power a non issue for many companies. They just build their own mini power plants.

atlwireles:
Correct, the provision of gas, mainly to the Agbara/sango otta axis, changed the cost component of many manufacturers. Getting gas to industrial estate has made the lack of PHCN power a non issue for many companies. They just build their own mini power plants.

Yep, and there is a clear push for IPP power plant construction,located at and serving the major industrial clusters, across Nigeria.

Truth is, Europe will try to get into Nigeria, through Ghana. Nigeria has declined signing on to the EPA for it's own protection.

Other neighbouring African countries may be used to gain access to Nigeria's market, through the back door.

In fact, that's a likely wish of Europe to do so. They want a "cooshy" position, where they get 75% of their import tarrifs removed in exporting to Ghana, then Ghana, with its proposed "unrestricted access" to the Nigerian market exports to Nigeria.

No thank you.

Nigeria will never reach it's potential or see the potential of it's own people/talents, with those arrangements, which are firmly for the benefit of other countries, and at our expense.

Local content, automobile, "made in Nigeria" bills/policies are a step in the right direction for us. It's time we put ourselves first.

londoner:
That is what we are trying to reverse. The poem posted actually supports my position and that of the direction Nigeria is going in.

The government has seen the madness in importing what we can produce ourselves.

Get ready, the bill is coming and it is in tandem with investment in industry. Nigeria's imports are decreasing, thank goodness and long may it continue.

We want to service our own market....simple. Whoever doesn't like it......Oh well.

They want our borders opened and also with their other face use the fact that we currently import to insult us. They jut want their cake and eat it too....to sell to the people they despise, to be active in a country they refuse to invest in.

Come to Nigeria and invest, if not, don't sell to us. Companies from as far away as Asia or SA are setting up shop in NIgeria instead of just complaining..........Dangote, banks and co are onshore and investing, creating jobs in Ghana, not simply importing from Nigeria.

Like I said who wants to go bankrupt before they sell a single product. Why don't you address the problems that people have with relocating to Nigeria, such as security, energy and transportation. Ghana is not that far from Nigeria like China, america or even South Africa. It would make sense to make the things in Ghana and export to Nigeria because it way cheaper.

Ps is this a new Nigeria we are talking about or the same Nigeria. If it's the latter then believe me when I say that all these products will end up in Nigeria's market. Knowing Nigerians they will continue to value foreign goods over Nigerian Goods.

londoner:
Yep, and there is a clear push for IPP power plant construction,located at and serving the major industrial clusters, across Nigeria.

Truth is, Europe will try to get into Nigeria, through Ghana. Nigeria has declined signing on to the EPA for it's own protection.

Other neighbouring African countries may be used to gain access to Nigeria's market, through the back door.

In fact, that's a likely wish of Europe to do so. They want a "cooshy" position, where they get 75% of their import tarrifs removed in exporting to Ghana, then Ghana, with its proposed "unrestricted access" to the Nigerian market exports to Nigeria.

No thank you.

Nigeria will never reach it's potential or see the potential of it's own people/talents, with those arrangements, which are firmly for the benefit of other countries, and at our expense.

Local content, automobile, "made in Nigeria" bills/policies are a step in the right direction for us. It's time we put ourselves first.

Believe me when I say, you can change all your policy and whatnot. Nothing would change unless Nigeria changes from within starting with addressing security and energy crisis.

Ghana should also ban all Goods from Nigeria and they should dismantle this useless Ecowas. Nigeria don't know how follow rule of law, they break contracts all the time.

Des0la:
your country is currently begging EU to fund your budget, you are here spewing trash.

Where's the proof, please show me.

Des0la:
visit this thread www.nairaland.com/1946685/mahama-begs-eu-release-funds

So what if eu funds our budget. 10million is not even 2% of our annual budget. What about your useless country that couldn't even save his own citizens without the help of the west. Please spare me

Des0la:
i get tired of ghanaians telling lies, checkout how your country has crumbled.


https://www.youtube.com/watch?v=Soi9U7Bfwnk

No matter what things work better and the quality of life is way above yours.

Des0la:
you didnt read it well, ghana received 16million euros last year and still begging for more this year. euros and not cedis.

Like I said last year 16 euros, this year 10 euros. Its still not even 5% of Ghanas budget.

Have you found the girls, yet. Useless country that can't even protect its citizens. Always begging for assistance

What the Ghanian president meant to say was......"Ogun State should not fear competition from Ghana".

Des0la:
you didnt read it well, ghana received 16million euros last year and still begging for more this year. euros and not cedis.

One of my chairmen is worth way more than that.

That means he could have bailed Ghana out if they asked him nicely.