OkutaNla:


No, boy. We are not saying the same thing. That man whose quote you are latching on was merely plessing una mumu button to deflect from the fact that Onitsha port has been abandoned. If the port was so viable, Igbos themselves, the rich ones amongst y'all, would not need the FG to get it working. They would pull resources and get it done. I repeat, the largest consumer markets in Nigeria are in the SW, North, and SS (in that order). Those are where the BULK of Nigerian consumers are, not Onitsha. Name the commodity, be it kerosene, packaged condiments or whatever, the REAL/LARGEST consumers are closer to the larger markets, which aren't in the SE. You are not making sense at all dude.

ChilledPill:

Guy you are not lying at all! do you know I am seeing many Aba made products here in Benin Republic. Igbo amaka true true

TundeBricklayer:

Even you leader Tinubu TVC is aware
Thisis just Nnewi second commercial city in Anambra

Nnewi city with most Naira-Billionaires per capita in Nigeria – Forbes

According to Forbes, Nnewi also produced the first billionaire in the country, Louis Odumegwu Ojukwu, who founded the Nigerian Stock Exchange (NSE), and was knighted by Queen Elizabeth II in 1960.
His son, Chukwuemeka Ojukwu, who led Biafra to the Nigerian Civil War, was also a billionaire from the city.
Nnewi, nicknamed the Japan of Africa, is home to several automobile spare-parts dealers, and houses the only indigenous vehicle manufacturing plant in Nigerian Innoson Motors.

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

naijalander:
But consumers dictate the market. As long. As your imports are not being consumed in the East, how exactly do you control the market ? Imagine a sudden boycott of Eastern produce sent to the West, what happens to Igbo businesses ?

OkutaNla:


Oodua till I d.i.e. I don't need to convince any Biafrat about that. Left to me this fraudulent contraption would end today. I believe Nigeria is living on borrowed time. I posit that in 5-years Nigeria may cease to exist.

OfficialAPCNig:

Sorry, importation strengthens an economy.

#TheoryOfComparativeAdvantage

It is only dangerous if a country is experiencing a sustained long-term trade deficits.

Sorry, GDP is not a true measure of economic viability, but GDP growth.

You can't use GDP and Production in the same sentence. They are the same.

But if you mean manufacturing. Sorry manufacturing is a feature of a developing nation. Developed economies are moving away from manufacturing based economy to a knowledge and serviced based one.

Nigeria economy is not bad because we have a trade deficits. We are bad because our AD relative to our population is nothing to write home about and a lot of things contributed to that, poor energy, high host of data, bad infrastructures, poor tax structure, bad road, stupid education system, corruption, Buhari e.t.c

Increase this AD, and our foreign account would at least balance.

#Economist

Ategberoson:



which of the Enugu, you be mumu I swear. is it the same Enugu I visited in east?


you guys are nothing but national clown, that's why you look so inconsequential in the eyes of a Fulani man

janellemonae:


And yet the 1st line of your sttmnt reads 'sustained trade deficit is bad'. Hasnt Nigeria bin in a deficit for over 3 decades?

We are talking about the economy as is. We are not talking about a developed country, moving into the knowledge economy. Balances of trade include both trade and services. Of course GDP is not the only index for economic growth - u really think I don't know this??!!

Nigeria is extremely low on all indices and is being KILLED by imports. Do not compare it to any developed economy with solid cushions, where one part of the economy is propping up another part, and that can overcome some financial crisis. There is no comparative advantage. Nothing else to bolster its currency or economy.

But by all means, you don't have to take my point of view. I hope this country splits so I can see the wonder you all create with an economy wholly dependent on imports like Nigeria is. It would be written about in economic journals, not just the economist.

OfficialAPCNig:
If 60% of the importation goes to Onitsha alone, that means Onitsha generates 60% of Custom's import Revenues.

When you factor in those heavy importers in Aba, and Igbo importers in Lagos, you can safely say Ndi Igbo contibutes over 80% of Custom's import revenues.

When you exclude export tariffs, which is so minimal, it means Ndi Igbo are responsible for over 70% of Custom Revenue.

Again, when you consider that the fact that Nigeria is an importing nation, you will see that Igbo runs this economy.

Remove SE/SS Nigeria will collapse. (True Talk)

Ofemannnu:


lol...Typical Ojuku loser.Nnamdi Azikiwe,the first graduate amongst the Igbos in 1930+ also deluded himself and his people that they had many educated people while the truth was he was the only and first Igbo graduate by which time Yorubas had produced doctors,lawyers,engineers etc while he was Igboland very 1st graduate
Ojuku too deluded himself and the gullible Igbos that he had the best army in Africa even with his sticks wielding and patch patch deadbeat old world war weapons gifted them by France.
It is not a surprise to see another Ojuku saying that they have even half of the businesses owned by the hardworking Yorubas.Even the world knows you do not come close to the Yorubas in businesses home and abroad and the Igbo' empty,steal urhobo and other people's businesses' thread ........ https://www.nairaland.com/3926379/igbos-most-industrious-innovative-richest/3
is an attestation of the ingenuity and versatile nature of the Yorubas.
Every index shows that you need a lot of catching up to do.

https://www.nairaland.com/3918290/yorubas-most-industriousrichest-educated-tribe

OfficialAPCNig:

A simple google search will save you from this embarrassment.

Enugu is a Top 100 most resilient city in the world. (Kee yaself)

Again, if there are people the Fulani will fear to dare in this country, it is SE and SS. (Kiss da Truth).

As for SW, they are already sitting on the throne of your ancestors at Illorin and in Iwo, a Fulani man is the second in charge after the Emir.

With time, they will remove the Emir for a fulani.

Lagos Government House is known as Alausa. It means "Hausa Land" in Igbo.

No Man's Land is a town in Kano populated by Ndi Igbo and the abokis have never carried their foolishness to that area.

Be guided, Afonja.

aribisala0:
Ebola folk are really amusing.

They tell the most outrageous lies with a straight face.

You are expecting them to laugh or smile after but they believe their crap 100%


One said Orji Uzor Kalu is so rch the CBN begged him to take his money elsewhere so he went to the World Bank. Unfortunately the World Bank had capacity for half and the other half wwas placed with the IMF

WTF


Another one said the US Army buys drones at Onitsha market and Angelina Jolie is spotted shopping there regularly.

Still with its Silicon Valley, , Shipbuilding Yards and World Class Aerodefence industries

What is the Internally Generated Revenue in Anambra State?

mfm04622:



Lies. The correct pronunciation of Alausa is Alawusa. It mean the owner of Awusa. Awusa is Walnut. Stop distributing lies about

OfficialAPCNig:

SMH for Oluwole people.

mfm04622:


Why include SS? As if only the Igbo consumes what they import. Seems they don't know access to other Nigerians is the source of their wealth. If Nigeria breaks, the greatest losers will be Igbo and Fulani. Both groups need access to markets and land of others. If Nigeria breaks, don't think both groups won't be sent away by other groups to ensure their own people occupy the spaces used to be occupied by both groups

mfm04622:



Lies. The correct pronunciation of Alausa is Alawusa. It mean the owner of Awusa. Awusa is Walnut. Stop distributing lies about

aribisala0:

Spits for Ebola people

OfficialAPCNig:

You need help.

Onitsha and Ariaria markets service the entire SS, North, and Niger Republic.

If you to some WA countries, SE products are thriving well there.

This is 1PM, in the next 2 hours, multi million naira worths of goods will be leaving Milverton, Aba and Osha, Onitsha for the North.

This happens every single day.

SE consumers are trans-border.

OfficialAPCNig:

Is that the new name of Yoruba people?

naijalander:
You don't have to insult anyone who disagrees with you.

Understand what I'm saying Oga;

You produce, someone else consumes. At least 80% of what you produce is not consumed by your people, going by this logic, how exactly do you control the economy if you are depenent on other regions to buy what you produce ?

Am I making sense now ?

OfficialAPCNig:

Ok.

60% of Nigerian bound Tramadoll are on their way to Onitsha now. (Kee yaself)

linkszelda:


Correction ; 60% of substandard cargo imports goes to Onitsha alone e.g spare parts, fake drugs, okrika, fake tires the list is endless.

And for your info imports weaken an economy. For you to have a developing economy, you need to export more than what you import to bring about balance of trade

Patrioticooduan:

Yorubas

OfficialAPCNig:

Are you sure you can read?

I hope you are not moving around with Oluwole Certificate.

OfficialAPCNig:

Return your Oluwole certificate and thank me later.

We are not dependent on other region, they are dependent on us for their consumables.

It just like saying a farmer depends on teacher for sustenance.

So if we cut supply, they will die. (Fact)

OfficialAPCNig:

A simple google search will save you from this embarrassment.

Enugu is a Top 100 most resilient city in the world. (Kee yaself)

Again, if there are people the Fulani will fear to dare in this country, it is SE and SS. (Kiss da Truth).

As for SW, they are already sitting on the throne of your ancestors at Illorin and in Iwo, a Fulani man is the second in charge after the Emir.

With time, they will remove the Emir for a fulani.

Lagos Government House is known as Alausa. It means "Hausa Land" in Igbo.

No Man's Land is a town in Kano populated by Ndi Igbo and the abokis have never carried their foolishness to that area.

Be guided, Afonja.

OkutaNla:


For your mind. lol. Below is the list of major Nigerian imports and their worth -- before some people come and claim that their substandard imported merchandise constitute the bulk of the revenues generated via SW ports. The S.E doesn't even have the largest consumer markets with the biggest purchasing power in the country (that title goes to the SW, the SS, and the North). Clowns.

Refined petroleum- 15% ($7.83-billion)
Cars- 3.4% ($1.75-billion)
Wheat - 2.8% ($1.46-billion)
Packaged medicaments - 1.4% ($752-million)
Rice - 1.4% ($706-million)
Concentrated Milk - 1.3% ($679-million)
Raw Sugar - 1.3% ($668-million)
Malt extract- 0.84% ($441-million)

Source:
http://atlas.media.mit.edu/en/visualize/tree_map/hs92/import/nga/all/show/2014/