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IMF Backs Nigeria On Border Closure - Politics (4) - Nairaland

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Benin Withdraws Nomination For WTO DG, Backs Nigeria / ECOWAS Parliament Backs Nigeria’s Border Closure / PLO Lumumba On Border Closure: 'Nigeria Too Big To Be Threatened By Benin' (2) (3) (4)

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Re: IMF Backs Nigeria On Border Closure by RTSC: 6:06pm On Oct 19, 2019
buhariguy:
Idiotic pigs are only good in sabotaging the economy, the north are the real contributor to our economy, they produce almost everything food and meat we needed while idiotic pigs import the same just to destroy the economy
Another shameless illiterate.
Even your dimwit president knows where the real economy comes from.

All the machineries used for production,, the essential drugs we use, the clothes we wear and other basic commodities are imported by nyamurii.
And these nyamurii pay heavy duties for it so that buhari can use the money for his Fulani people.
Go to the east and see what it means to locally manufacture.

What does abokii do apart from wasting our resources through terrorism and corruption?
The money we have used to fight terrorism in borno alone is enough to build rail lines across the country.

You produce food and yet Nigeria is one of the highest importers of food in the world.

You produce food and the north is suffering from chronic malnutrition and hunger compared to any other part of Nigeria.

Clown.

2 Likes

Re: IMF Backs Nigeria On Border Closure by Nobody: 6:07pm On Oct 19, 2019
phyllosilicate:
…Urges speedy resolution of issues

The International Monetary Fund has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade.

Mr Abebe Selassie, the Director of the African Department at the IMF, gave the position at a media briefing on the sidelines of the World Bank/IMF Annual Meetings in Washington D.C.



He was responding to a question on whether the closure negates the African Continental Free Trade Agreement, AfCFTA.

Selassie said although free trade was critical to the economic growth of the continent, it must be legal and in line with agreements.

READ ALSO: Governors behind illegal mining of gold, zinc, others –Minister, Senate panel

“On the border closure in Nigeria which has been impacting Benin and Niger, our understanding is that the action reflects concerns about smuggling that has been taking place.

“It is about illegal trade, which is not what you want to facilitate,’’ Selassie said.

He said the IMF was hoping for a speedy resolution of the issues as the action was already taking a toll on the economies of the country’s neighbours.

“We are very hopeful that discussions will resolve the challenges that this illegal trade is posing.

“If the border closure is to be sustained for a long time, it will definitely have an impact on Benin and Niger which, of course, rely quite extensively on the big brother next door,’’ he said.



On Wednesday, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said the borders were closed to curb illegal trading activities by Nigeria’s neighbours.

(NAN)

https://punchng.com/imf-backs-nigeria-on-border-closure/?fbclid=IwAR1O90tl_FdoOQkh84P-9RSzNTtCLs0ORfWWmMjtuh6tXzDyEax1Ss-5SlI

Those appointed to do public relations job for government are only making a satire of themselves. They should go to platforms of professionals where their folly would be fully ridiculed. Earlier today, one of the PR jobs is an account of a Twitter user of an activity at Niger Border which I did not even open because I know its purpose.

It would be interesting for Germany to also shut her borders against other EU member States. Long time ago, I know the EU and other Donors supported projects of Abidjan - Lagos corridor and the proposed Senegal - Lagos corridor would be wasted efforts. Mentioning Niger by FG public relations boys is just to camouflage.
Re: IMF Backs Nigeria On Border Closure by orisa37: 6:07pm On Oct 19, 2019
orisa37:



Fake IMF.


It's s fraud.
Re: IMF Backs Nigeria On Border Closure by Difrent: 6:08pm On Oct 19, 2019
Ikem11:


How foolish and naive you sound.

Am Igbo and I never like buhari administration not because of party or anything but on the issue of border closure, I personally endorse it cos the reason behind it seems genuine and will benefit the well being of (people)

Igbos are not foolish as u think... I pray one day you will realize that before its too late for you

@the bolded, it's the ibos who think others are foolish , I pray you will also realize that before its too late.
You are here forming I support the border closure when you already said you hate the man not because of party or anything, the why do you hate him? Ask yourself this question and reflect deeply, maybe your eyes will open to the lies you have been fed all this while
Re: IMF Backs Nigeria On Border Closure by Bighead9: 6:17pm On Oct 19, 2019
adenigga:


But no noise come 2013 o!

He's working now o, Igbo love him die.


Yes ooo. You need to see how President Buhari is being Celebrated in the East. There are Roads that are presently named after him all over the East. We Igbo's will always be loyal to President Buhari, we see him as our Messiah. grin


God bless Buhari.
Igbo's Amaka grin

1 Like

Re: IMF Backs Nigeria On Border Closure by persius555(m): 6:19pm On Oct 19, 2019
Will Nigeria close its brother if it had the edge in exporting goods to other parts of the region. Only a country that has nothing to offer closes its borders.

1 Like 1 Share

Re: IMF Backs Nigeria On Border Closure by dalass(f): 6:28pm On Oct 19, 2019
buhariguy:
Just that buhari stil remain the best, if it was the past leaders like thief obj and gej, by now they would have sabotage the economy

Wow, you're so right.

Naira to Dollar ratio is now lower than before. Oh I forgot pump prices, bag of rice, cars, phones, electronics are solo cheap. Buhari doing wonders with economy such that our proposed minimum wage is lower than that of American prisoner's daily upkeep...Wonderful!!!

Our roads all good.... Taxes lower than Obj and GEJ.. And the debts OBJ paid up for us is still zero..

angry undecided lipsrsealed
Re: IMF Backs Nigeria On Border Closure by dederocs(m): 6:31pm On Oct 19, 2019
Keep that big brother ish, it's not paying us, hypocrites.
Re: IMF Backs Nigeria On Border Closure by sayisayi(m): 6:42pm On Oct 19, 2019
[quote author=alhassanyusuf29 post=83278201]Chai!! Nyamuri flat.heads won't like this! Their RadioBiafra statistics goes contrary to this grin
Lol.....

Re: IMF Backs Nigeria On Border Closure by hollowpot15684(m): 6:56pm On Oct 19, 2019
lexy2014:


How would it?

Here is what you need to understand,

Illegal importation from this neighbouring countries makes it difficult for Nigerian Businesses to compete within their own market/space.


So the Federal Government is giving the power back to Local producers (such as Rice farmers) by closing the border, so that the Local producers can also have the power to thrive within their own National economy" and this move is a win situation for every Nigerians because it will bring about inclusive growth (such as Job creation and poverty alleviation).


I hope you understand this simple analysis?
Re: IMF Backs Nigeria On Border Closure by hollowpot15684(m): 6:59pm On Oct 19, 2019
grin cool

Goldencheese:


Thanks. Let me share in your optimism!
Re: IMF Backs Nigeria On Border Closure by OChimex: 7:09pm On Oct 19, 2019
buhariguy:
Just that buhari stil remain the best, if it was the past leaders like thief obj and gej, by now they would have sabotage the economy

You see, has buhari or his apc ever say IMF was right for once when it comes to their findings about Nigeria?

This will show you the difference between sane IMF and insane primitive dumb African leaders who never accept they are wrong and correct it.

IMF will support your economic policies when they agree it's right irrespective of whoever does it.
Re: IMF Backs Nigeria On Border Closure by RTSC: 7:18pm On Oct 19, 2019
buhariguy:
why are the idiotic pigs crying over the closure if they are not the importers of economy destroyer
Clown. Many Igbos actually support the border closure so that our local industries in places like aba, and nnewi can grow.

Closing the border does not make buhari suddenly better
He is a dimwit.

Importation does not destroy the economy. Another student in the abokii school of economics.

The machines you use in producing are imported, the generator you use are imported, the drugs you use in your hospitals are imported.
If Igbos don't import those, your country will not survive.

Even in local manufacturing, Igbos lead the way.
What does abokii do for Nigeria?

1 Like

Re: IMF Backs Nigeria On Border Closure by ShenTeh(m): 7:35pm On Oct 19, 2019
SenecaTheYonger:
Oh no, that means this is somehow benefiting them. I was supporting this border closure until now. This can't be a good policy if IMF is supporting it.

This is exactly my point.

Considering IMF's notoriety and penchant for keeping African developing countries in the doldrums, every good thinking African should be wary whenever IMF pats the back of any government over a policy.

I WAS in full support of this border closure but with IMF's nod, I shall hold my peace on this issue until I have professional assessment of this issue.

1 Like 1 Share

Re: IMF Backs Nigeria On Border Closure by thedio(m): 7:35pm On Oct 19, 2019
lilwetdick:


who told you he is feeling the heat, someone that was complaining recently in an interview with mo ibrahim about republic of benin not wanting his cement and importing cement from china, some of these cement have found their way into Nigeria...i be will be surprised if this border closure isnt his idea.
nobody tells me, I know he export cement through Benin to Ghana.Beninn govt has stopped Dangote cement from entering their country in retaliation for our border closure
Re: IMF Backs Nigeria On Border Closure by Iolo(m): 7:44pm On Oct 19, 2019
I see five major benefits to the border closure:

1. Supporting the local industries: Making local rice more attractive to us Nigerians. People will buy what they see and if it takes banning imported rice for more Nigerians to consume local rice then this works for the government.

2. Saving Money spent subsidizing fuel smuggled to Benin: The government has realized that about 10% of our daily consumption as a country is being smuggled to Benin. The issue this brings is the country is effectively paying for another countries consumption. Easy solution to this is to remove fuel subsidy but doing that affects Nigerians adversely. Closing down the borders makes it all the more difficult to continue to smuggle fuel across. I don’t recall the numbers now but NNPC has recently reduced a drop in our daily consumption as a country which proves this theory correct.

3. Increase income from duties by encouraging importers to come through Lagos ports rather than cotonou:

the goal here is simply revenue generation. The customs has proven this correct as well as their revenues have gone up in recent weeks. The government only needs to fix the port roads and drive more efficiency at the ports otherwise this will be a temporary fix once the borders are reopened.

4. Foreign policy benefits (I.e. resolving issues of economic sabotage) : this will give us more bargaining chips as the FG looks to resolve issues of economic sabotage coming from Benin republic. The Benin government makes a lot of money by sabotaging our policies. Case in point is a statistic that shows Benin as the third largest importer of rice in the world whereas we all know where much of that rice ends up.
Importers who bring in this rice pay duties to the Benin government and then smuggle it into Nigeria.

5. Foreign policy benefits (I.e. resolving issues of non-cooperation was towards dealing with boko haram: a lot of our neighbors have taken a non commital attitude towards fighting boko haram head on. Some of our neighboring Countries such as Niger and Chad are entirely landlocked and rely on us (In addition to Benin and Cameroon to a smaller extent) for most of their imports. closing the land borders affects their economies adversely which idealistically makes them more willing to do our bidding.

I hope this helps someone here better understand the issues being discussed.

Disclaimer: I don’t work for the government or the APC.
Re: IMF Backs Nigeria On Border Closure by Ikem11(m): 7:47pm On Oct 19, 2019
Difrent:


@the bolded, it's the ibos who think others are foolish , I pray you will also realize that before its too late.
You are here forming I support the border closure when you already said you hate the man not because of party or anything, the why do you hate him? Ask yourself this question and reflect deeply, maybe your eyes will open to the lies you have been fed all this while

You are very delusional. So because someone don't like you means they hate you? Like your comments makes me not to like you but doesn't mean I hate you so try get your act together..

Me not liking buharis admin doesn't mean I hate him as a person.. I guess you too dumb to comprehend
Re: IMF Backs Nigeria On Border Closure by obidark: 7:49pm On Oct 19, 2019
why....??

this morafvckers said nothing when this illegalities was going on,all of a sudden they approve....

this basstards only cared about how many bokos we kill,now all of a sudden its borders....??
Re: IMF Backs Nigeria On Border Closure by webngnews: 7:50pm On Oct 19, 2019
Oh
Re: IMF Backs Nigeria On Border Closure by Nobody: 7:52pm On Oct 19, 2019
Ikem11:


How foolish and naive you sound.

Am Igbo and I never like buhari administration not because of party or anything but on the issue of border closure, I personally endorse it cos the reason behind it seems genuine and will benefit the well being of (people)

Igbos are not foolish as u think... I pray one day you will realize that before its too late for you
l agreed with you brother but is it not this government that is preaching for open trade or am l getting something wrong
Re: IMF Backs Nigeria On Border Closure by Nobody: 8:07pm On Oct 19, 2019
alhassanyusuf29:
Chai!! Nyamuri flat.heads won't like this! Their RadioBiafra statistics goes contrary to this grin

How can IMF say this after ibo gave Donald trumps 60% votes


You Muhammadians reason like zombies
Re: IMF Backs Nigeria On Border Closure by obidark: 8:08pm On Oct 19, 2019
any nigerian or biafran that thinks the ol world is toghether is a moroon....!!
Re: IMF Backs Nigeria On Border Closure by lexy2014: 8:14pm On Oct 19, 2019
buhariguy:
this Govt has reduce importation and encouraging local production, far better than pdp govt

First of, I asked u about d economy which u said buhari has done a better job handling than his predecessors.which products has buhari reduced their importation and which products has buhari encouraged its local production? Pls give figures as to d volumes of these imports in previous years and d present
Re: IMF Backs Nigeria On Border Closure by lexy2014: 8:16pm On Oct 19, 2019
9jii:

Explain to you? grin

Yes pls. Are u scared of explaining what u say u no?
Re: IMF Backs Nigeria On Border Closure by lexy2014: 8:19pm On Oct 19, 2019
buhariguy:
can US allowed anything they can produce to enter into their country? Especially food

Pls were is SAMSUNG from? Are there SAMSUNG products in d USA? What about Toyota? Can d US make d products that SAMSUNG and Toyota make? Can d US make wine? Does d US import wine from places like France and Spain?

2 Likes 1 Share

Re: IMF Backs Nigeria On Border Closure by obidark: 8:26pm On Oct 19, 2019
lexy2014:


Pls were is SAMSUNG from? Are there SAMSUNG products in d USA? What about Toyota? Can d US make d products that SAMSUNG and Toyota make? Can d US make wine? Does d US import wine from places like France and Spain?

start with food....

is america not food sufficient enough....!!

who gives a fvck which type of smartphne you wan use to watch porn....??

we all know you are a pervert that only cares about pleasure.....sodomm....
Re: IMF Backs Nigeria On Border Closure by Johans1991: 8:31pm On Oct 19, 2019
Toyota refused to bring their manufacturing plant to Nigeria.
They rather picked Ghana,knowing fully well that Nigeria is their largest market in Africa. Now we Will Ban all vehicle produced in Ghana from reaching our country then I will see if the 11 million Ghanaians will give TOYOTA what they want.
God bless PMB
Re: IMF Backs Nigeria On Border Closure by Johans1991: 8:34pm On Oct 19, 2019
lexy2014:


First of, I asked u about d economy which u said buhari has done a better job handling than his predecessors.which products has buhari reduced their importation and which products has buhari encouraged its local production? Pls give figures as to d volumes of these imports in previous years and d present
Ask innosson motors (IVM) then thank me later
Re: IMF Backs Nigeria On Border Closure by lexy2014: 8:41pm On Oct 19, 2019
obidark:


start with food....

is america not food sufficient enough....!!

who gives a fvck which type of smartphne you wan use to watch porn....??

we all know you are a pervert that only cares about pleasure.....sodomm....

English language is very simple. This is d statement I responded to

"can US allowed anything they can produce to enter into their country? Especially food"

D gentleman said "anything" and that includes SAMSUNG and Toyota products.

Second, do u use ur phone to watch porn? Maybe that's y that's d only thing u could think of. Again, is it only phone Samsung produces or does Toyota produce phone?

Third, ur ignorance is getting d better of u. There's no country in d world that is self sufficient in food production. They supplement local production with imports when demand can't b met by local production. That's basic for every country. Food isn't an exception. I expected u to no something that simple.

1 Like

Re: IMF Backs Nigeria On Border Closure by lexy2014: 8:42pm On Oct 19, 2019
Johans1991:
Ask innosson motors (IVM) then thank me later

Ask innoson about what? What has innoson got to do with d questions I asked

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