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How Can We Save Nigeria Economy From Further Recession? - Business (5) - Nairaland

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Re: How Can We Save Nigeria Economy From Further Recession? by folks4luv(f): 7:12am On Aug 01, 2016
mikolo80:
nothing concine gwament with private biz
a business man or woman knows the government provides the enabling environment
Re: How Can We Save Nigeria Economy From Further Recession? by folks4luv(f): 7:25am On Aug 01, 2016
mikolo80:
if we were really hardworking we'd find a way to bypass govt
bypass government? how? have you thought about the real definition of government and why countries are being controlled by the government? ask urself why some companies re closing down in Nigeria n relocating to neighbouring countries. thank God for America, we want our country to be that great, but look deep into the country and tell me their government never provided enabling environment for private sector. China became the Asian tiger cause the government evolved thus encouraging people to contribute to the economy. I'll love to hear list of countries that flourished with an irresponsible government
Re: How Can We Save Nigeria Economy From Further Recession? by mecussey(m): 9:14am On Aug 01, 2016
mikolo80:
the USA generates 1 million. Don't talk like this in public

we dont have to limit ourselves to the USA, Yes 170mmw is possible. Only the spillage in Ogoni land can generate the USA 1mmw. If the 170mmw is excess, we can export to other african countries and make more money for the nation.
Re: How Can We Save Nigeria Economy From Further Recession? by dhardline(m): 9:46am On Aug 01, 2016
mikolo80:
when ppl are looting left right and centre and you eediots defending the looting how can they release money

Ok...
Re: How Can We Save Nigeria Economy From Further Recession? by mikolo80: 1:02pm On Aug 01, 2016
mecussey:


we dont have to limit ourselves to the USA, Yes 170mmw is possible. Only the spillage in Ogoni land can generate the USA 1mmw. If the 170mmw is excess, we can export to other african countries and make more money for the nation.
yes anything is possible
But we have 54 countries in Africa
Nigeria is the biggest
What are we going to use 170 mw for?
Re: How Can We Save Nigeria Economy From Further Recession? by mikolo80: 1:07pm On Aug 01, 2016
folks4luv:

bypass government? how? have you thought about the real definition of government and why countries are being controlled by the government?



Capital to do what individuals can't do for themselves


ask urself why some companies re closing down in Nigeria n relocating to neighbouring countries.


Cos they're foreign
They have a choice
They owe us no allegiance


[/b]thank God for America, we want our country to be that great, but look deep into the country and tell me their government never provided enabling environment for privaallegiance

[b]

Their govt provided very little
It's all private sector
Watch more discovery and history channel
Less nollywood

China became the Asian tiger cause the government evolved thus encouraging people to contribute to the economy.

I'll love to hear list of countries that flourished with an irresponsible government
govt is a key player, agreed.
But if your star player refuse to come of the bench do you just give up?
No, you find a workaround till you can find a replacement.
If private sector carry proposal to them, they will agree sharp sharp

USA built by robber barons
Singapore foreign investment
Malaysia, palm oil farmers (how many of una gree enter farm abi you need govt for that one again)
Korea, Samsung, Hyundai dem dem
UK, west Indian trading company

Read more friend
Re: How Can We Save Nigeria Economy From Further Recession? by mikolo80: 1:11pm On Aug 01, 2016
folks4luv:

a business man or woman knows the government provides the enabling environment
list enabling environment and I'll show you it's private sector doable unless of course you would rather Remain ignorant
Re: How Can We Save Nigeria Economy From Further Recession? by mikolo80: 1:12pm On Aug 01, 2016
folks4luv:

a business man or woman knows the government provides the enabling environment
and that's not a business person that's a leech
Re: How Can We Save Nigeria Economy From Further Recession? by mikolo80: 1:17pm On Aug 01, 2016
Shortyy:

who has refused to participate? smh.


So called technocrats



Do you know hlw people struggle every damn day writing proposals and looking for sponsors?


You cannot harvest orange in apple farm


and the so called govt officials turning them down?


So 4tp ghosts that are gettin all these contracts and consultancy we hear about ba?


you just sit comfortably in your house and type wareva that comes in your mind. The people are trying, just that the govt don't care about them.
no my friend
I attended local party meetings
I joined a caucus
Got a rep reelected
Now we will present proposals
He will listen
Or he will lose next election
That's how you participate
Instead of typing warEva in the comfort of your home.
Start pretending that you got some kind of education even if you didn't
Re: How Can We Save Nigeria Economy From Further Recession? by mecussey(m): 7:25pm On Aug 01, 2016
mikolo80:
yes anything is possible But we have 54 countries in Africa Nigeria is the biggest What are we going to use 170 mw for?
Energy exportation since the raw materials is no longer possible.
Re: How Can We Save Nigeria Economy From Further Recession? by mecussey(m): 7:26pm On Aug 01, 2016
mikolo80:
yes anything is possible
But we have 54 countries in Africa
Nigeria is the biggest
What are we going to use 170 mw for?

Energy exportation, since the raw materials are no longer possible.
Re: How Can We Save Nigeria Economy From Further Recession? by mikolo80: 9:19pm On Aug 01, 2016
Shortyy:

who has refused to participate? smh. Do you know hlw people struggle every damn day writing proposals and looking for sponsors? and the so called govt officials turning them down? you just sit comfortably in your house and type wareva that comes in your mind. The people are trying, just that the govt don't care about them.
that means they did not make good proposals
Re: How Can We Save Nigeria Economy From Further Recession? by pabloid(m): 10:25am On Aug 03, 2016
Vello:

Simple question! Be intelligent enough to explain your point to me. At least, prove that you're not only schooled but educated. Justify the labour of your teachers and your parents sweat at least that you know what you're saying.
Your anger and frustration is not for matured, confident and informed minds.
See what frustration has caused you
Re: How Can We Save Nigeria Economy From Further Recession? by Longman6(m): 6:28pm On Aug 09, 2016
[quote author=mikolo80 post=48072875] Agric is a very small but very vital link in the chain and also a quick win while developing manufacturing.
Does Amazon ship breeze or tangible products produced somewhere. [/quot
sir, you are right, but the problem to me has never been agricultural products but other auxiliary services tied to it for instance a study in 2014 revealed that 70 percent of tomato harvested eventually get wasted, there is the problem of transportation, storage, and crude implement(we have to import those),and lack of productive research generated by research institutions, I believe we have do focus more on industrialization and service.plus we really lack God chosen leaders like Awolowo who used cocoa to build university of IFE, Cocoa House, Bojija housing estate offered free education and construct roads
Re: How Can We Save Nigeria Economy From Further Recession? by Longman6(m): 6:29pm On Aug 09, 2016
[quote author=mikolo80 post=48072875] Agric is a very small but very vital link in the chain and also a quick win while developing manufacturing.
Does Amazon ship breeze or tangible products produced somewhere. [/quote\]
sir, you are right, but the problem to me has never been agricultural products but other auxiliary services tied to it for instance a study in 2014 revealed that 70 percent of tomato harvested eventually get wasted, there is the problem of transportation, storage, and crude implement(we have to import those),and lack of productive research generated by research institutions, I believe we have do focus more on industrialization and service.plus we really lack God chosen leaders like Awolowo who used cocoa to build university of IFE, Cocoa House, Bojija housing estate offered free education and construct roads
Re: How Can We Save Nigeria Economy From Further Recession? by mikolo80: 12:31am On Aug 10, 2016
[quote author=Longman6 post=48339279][/quote] then we invest in storage transport and processing. We start somewhere and gradually we get there
Re: How Can We Save Nigeria Economy From Further Recession? by inventor432(m): 12:37am On Aug 10, 2016
check my signature for you printing and customize work
Re: How Can We Save Nigeria Economy From Further Recession? by spytime(m): 1:47am On Aug 10, 2016
Honestly, government should come to the aid of new business ideas those that are bankable and can generate employment and add value to the economy..... entrepreneur is the way to go encourage new ideas and finance it
Re: How Can We Save Nigeria Economy From Further Recession? by mikolo80: 10:05pm On Aug 10, 2016
[quote author=Longman6 post=48339257][/quote]

https://www.nairaland.com/782949/nigeria-spends-n24tr-yearly-food

Are you sure we don't need tractors. Trust me
We need to free up labour for post harvest activities
Re: How Can We Save Nigeria Economy From Further Recession? by Longman6(m): 6:01am On Aug 11, 2016
mikolo80:


https://www.nairaland.com/782949/nigeria-spends-n24tr-yearly-food

Are you sure we don't need tractors. Trust me
We need to free up labour for post harvest activities
that's where industrialization comes in, but trust me it would probably be imported, and the more machines you use, the more the unemployment rate among the unskilled labourers,
Re: How Can We Save Nigeria Economy From Further Recession? by mikolo80: 4:57pm On Aug 11, 2016
Longman6:

that's where industrialization comes in, but trust me it would probably be imported, and the more machines you use, the more the unemployment rate among the unskilled labourers,
so said the Luddites
More machines
More productivity
Yankee and us
Who has more machines
Who has more unemployment
Re: How Can We Save Nigeria Economy From Further Recession? by Longman6(m): 7:49pm On Aug 11, 2016
mikolo80:
so said the Luddites
More machines
More productivity
Yankee and us
Who has more machines
Who has more unemployment
I share your opinion, but the use of technology in Africa has a bad side to it which I consider unavoidable, more machines would create jobs for some new guys but few compared to the unemployment it would cause, let's forget about the myth of having adequate manpower,the thousands of unskilled labourers would lose their jobs to the technicians and expatriates that would help this industrialization process till we get our house in order.And getting our house in order is going to come through rigorous investment in the educational sector, where the Guy that studies Agricultural economics would know so much about commodity price, the crop scientist would know what kind of genetic combination would make the soil give good yeids,and the folks who studied agricultural engineering knows the kind of machines that is suitable for the Nigerian environment,till then my fear is that agriculture would just be another oil, we have oil in abundance,we even export it yet you and I still experience fuel scarcity, massive investment in Agriculture would only give the desired result of stopping the impending famine in the short run, in the long run it would just be like another oil if structures are not put in place,
Re: How Can We Save Nigeria Economy From Further Recession? by mikolo80: 4:26am On Aug 12, 2016
Longman6:

I share your opinion, but the use of technology in Africa has a bad side to it which I consider unavoidable, more machines would create jobs for some new guys but few compared to the unemployment it would cause, let's forget about the myth of having adequate manpower,the thousands of unskilled labourers would lose their jobs to the technicians and expatriates that would help this industrialization process till we get our house in order.And getting our house in order is going to come through rigorous investment in the educational sector, where the Guy that studies Agricultural economics would know so much about commodity price, the crop scientist would know what kind of genetic combination would make the soil give good yeids,and the folks who studied agricultural engineering knows the kind of machines that is suitable for the Nigerian environment,till then my fear is that agriculture would just be another oil, we have oil in abundance,we even export it yet you and I still experience fuel scarcity, massive investment in Agriculture would only give the desired result of stopping the impending famine in the short run, in the long run it would just be like another oil if structures are not put in place,
that's the same thing conservatives said when machines first came up.
imagine still sewing by hand or replicating books by hand
it's the same thing
remember somebody will assemble the tractor, build the tractor, service the tractor, Steel industry, iron iron ore mining, miniNG machine, assembly, building,, service,more Steel, more iron and the cycle continues.
new jobs created
cheaper goods
increased productivity
higher living standard

ppl will retrain, it's not as hard as scarcity makes it look

dem Davido plantation boys built an industry out of
nothin
it's up to we the youth to innovate in every other sector
forget these old men and their top down ''na only dem Sabi '' approach

time to take it to the max or die trying

dangote is investing in oil
change is coming
hopefully other looters invest in refining or at least private sector do same
we don't need govt to fix the nation
just personal will
Re: How Can We Save Nigeria Economy From Further Recession? by Longman6(m): 6:24am On Aug 12, 2016
mikolo80:
that's the same thing conservatives said when machines first came up.
imagine still sewing by hand or replicating books by hand
it's the same thing
remember somebody will assemble the tractor, build the tractor, service the tractor, Steel industry, iron iron ore mining, miniNG machine, assembly, building,, service,more Steel, more iron and the cycle continues.
new jobs created
cheaper goods
increased productivity
higher living standard

ppl will retrain, it's not as hard as scarcity makes it look

dem Davido plantation boys built an industry out of
nothin
it's up to we the youth to innovate in every other sector
forget these old men and their top down ''na only dem Sabi '' approach

time to take it to the max or die trying

dangote is investing in oil
change is coming
hopefully other looters invest in refining or at least private sector do same
we don't need govt to fix the nation
just personal will
yes in an ideal society government do not create jobs the private sector does, don't get me wrong, am not against agriculture and industrializing"the process, am only scared of the long time effect of government insincerity, unfortunately this is one sector that can't replicate the success recorded in the entertainment industry without the will from the government, the investment requires massive seed capital from government to start
Re: How Can We Save Nigeria Economy From Further Recession? by mikolo80: 12:59am On Aug 13, 2016
Longman6:

yes in an ideal society government do not create jobs the private sector does, don't get me wrong, am not against agriculture and industrializing"the process, am only scared of the long time effect of government insincerity, unfortunately this is one sector that can't replicate the success recorded in the entertainment industry without the will from the government, the investment requires massive seed capital from government to start
govt sincere o
Govt not sincere o
It doesn't stop private sector from rising
Private sector simply lazy
65 HP tractor cost 3.5m
40 HP cost 2.5
Used tractor shouldn't cost 1 m
Walking tractor cost half a mill
People buying 14 millrange rover
Lack of seed capital is not private sectors excuse
Abi who own all the trailer in Nigeria
Luxurious bus costs 25 milla fa
Abi is it govt that bought all the bulldozers and caterpillars you see lying around
Abeg private sector needs to get serious with increasing local productivity
Re: How Can We Save Nigeria Economy From Further Recession? by Papertrail11(m): 3:09am On Aug 13, 2016
dunkem21:


TSA killed banks..

is it their money?
its feds money nigga
Re: How Can We Save Nigeria Economy From Further Recession? by Longman6(m): 5:46pm On Aug 13, 2016
mikolo80:
govt sincere o
Govt not sincere o
It doesn't stop private sector from rising
Private sector simply lazy
65 HP tractor cost 3.5m
40 HP cost 2.5
Used tractor shouldn't cost 1 m
Walking tractor cost half a mill
People buying 14 millrange rover
Lack of seed capital is not private sectors excuse
Abi who own all the trailer in Nigeria
Luxurious bus costs 25 milla fa
Abi is it govt that bought all the bulldozers and caterpillars you see lying around
Abeg private sector needs to get serious with increasing local productivity
most Nigerian investors want quick money, we don't want to build a lasting legacy, brother have got an idea about investing in agriculture like big time but the start up capital, consulting fees, etc who would give? I don't mean all this funny loans of 50000k o, if there is money agriculture would grow
Re: How Can We Save Nigeria Economy From Further Recession? by mikolo80: 9:13pm On Aug 13, 2016
Longman6:

most Nigerian investors want quick money, we don't want to build a lasting legacy, brother have got an idea about investing in agriculture like big time but the start up capital, consulting fees, etc who would give? I don't mean all this funny loans of 50000k o, if there is money agriculture would grow

pot
kettle
black tinz
start with the 50 k before anyone will trust you with 50 mill
that's the mistake I also made
am correcting it as we speak
even if it's 1 naira you can start
that's the beauty of agric
you can start as small as 1 fish or 1 chicken or 1 grain of corn beans or rice
in 5 years you're made
but I promise, nay, guarantee that if you keep waiting for Unfunny capital, you will still be waiting 50 year from now
start somewhere
Re: How Can We Save Nigeria Economy From Further Recession? by mikolo80: 9:14pm On Aug 13, 2016
Longman6:

most Nigerian investors want quick money, we don't want to build a lasting legacy, brother have got an idea about investing in agriculture like big time but the start up capital, consulting fees, etc who would give? I don't mean all this funny loans of 50000k o, if there is money agriculture would grow

pot
kettle
black tinz
start with the 50 k before anyone will trust you with 50 mill
that's the mistake I also made
am correcting it as we speak
even if it's 1 naira you can start
that's the beauty of agric
you can start as small as 1 fish or 1 chicken or 1 grain of corn beans or rice
in 5 years you're made
but I promise, nay, guarantee that if you keep waiting for Unfunny capital, you will still be waiting 50 year from now
start somewhere my brother
I promise you will not regret it
are you working now. save and start small even it's 1 plot or even half plot you can never lose
Re: How Can We Save Nigeria Economy From Further Recession? by mikolo80: 9:14pm On Aug 13, 2016
Longman6:

most Nigerian investors want quick money, we don't want to build a lasting legacy, brother have got an idea about investing in agriculture like big time but the start up capital, consulting fees, etc who would give? I don't mean all this funny loans of 50000k o, if there is money agriculture would grow

pot
kettle
black tinz
start with the 50 k before anyone will trust you with 50 mill
that's the mistake I also made
am correcting it as we speak
even if it's 1 naira you can start
that's the beauty of agric
you can start as small as 1 fish or 1 chicken or 1 grain of corn beans or rice
in 5 years you're made
but I promise, nay, guarantee that if you keep waiting for Unfunny capital, you will still be waiting 50 year from now
start somewhere my brother
I promise you will not regret it
are you working now. save and start small even it's 1 plot or even half plot you can never lose
remember the tortoise and the rabbit
Re: How Can We Save Nigeria Economy From Further Recession? by EscapadeNg(m): 11:30pm On Aug 16, 2016
Subsistence farming will help Nigeria a lot @ shortrun. We have really lost our values from bottom to top. I remember then when most teachers also have farm lands.
Re: How Can We Save Nigeria Economy From Further Recession? by EscapadeNg(m): 11:44pm On Aug 16, 2016
Beyond that, where is the produce from Agric Sci. Class both in secondary and tertiary level? Household farming is almost fading away... the question is why?

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