tommykiwi:
APC Govt and Lies!

Like twins.

If I

Enlighten me

Is this a good news or sadnews

beresponsible:
Nonsense statistics.
When land borders were open we were not their largest trading partner. Now after una close land borders they become this. Where are they passing? By air?

When you're illiterate and proud

https://www.youtube.com/watch?v=0VIQrPa2hRI

Ghana laments impact of Nigeria's border closure on its economy

Wow

Johnedoh:
Amazing stats. Like for Nigeria, share for Ghana

Nigeria is the emperor of the Black world.


Wake up out your slumber

This one na Audio Trade partner

beresponsible:
Nonsense statistics.
When land borders were open we were not their largest trading partner. Now after una close land borders they become this. Where are they passing? By air?

They don't pass illegally. Everything is now being passed through the right channel. Please upgrade your brain for better understanding. Thank u.

stop typing crap. you need sense

[s]

Taye4j:
Ghana must get sense Las las

[/s]

I see a lot of people do not understand this piece of information. The gist is that Ghana, in the last three months, has become the biggest IMPORTER of Nigerian products. The value of the goods it bought FROM Nigeria was quoted as roughly $2.4bn.

If this is true, it only shows that Ghana depends far much more on Nigeria than Nigeria depends on it. The interesting aspect of this news is that it is reported that more than 97% of the goods that Ghana bought from Nigeria were non-petroleum articles. This is also a positive for Nigeria.

The relationship between any two African countries should be that of mutual respect, two-way productivity and shared brotherhood.

Now, we need to invest heavily in power, metallurgy, electronics and functional education/research. It is about time we made our companies competitive enough to break the South African hegemony in choice sectors.

Daura statistic

beresponsible:
Nonsense statistics.
When land borders were open we were not their largest trading partner. Now after una close land borders they become this. Where are they passing? By air?

Some of you folks don't read......read and read more

beresponsible:
Nonsense statistics.
When land borders were open we were not their largest trading partner. Now after una close land borders they become this. Where are they passing? By air?

Why would you dismiss issue of national concern without an intelligent counter? This is coming from NBS. The records are there for everyone to probe. It is not even something to manipulating. If anything, the number is reduced due to effect of smuggling.

SenecaTheYonger:


They don't pass illegally. Everything is now being passed through the right channel. Please upgrade your brain for better understanding. Thank u.

Na your brain need reset. Official land borders are closed and not illegal borders. Seme and idiroko land borders are the most cost effective route for Ghanaian products out of Nigeria so where will Ghanaians pass apart from going through these land borders?

ijewejones:
“I am sure that businesses in Nigeria that rely on supplies from these countries are also suffering. With the signing of the joint border task force agreement between Nigeria and her neighbours, I will like to take this opportunity to appeal to Nigeria to open up her border so that economic activities can resume,” Mahama said.



The much understood from the article @bolded implied that the border keys falled off the president's hand.. (sarcasm)

Falled! Na wao!

greatermeme:
Falled! Na wao!

Rushing tyns..thanks

legba1:


Some of you folks don't read......read and read more

You who can read why don't you say which borders are used when Nigerian land borders are closed to Benin republic and that's our only land crossing with Ghana.
How can close your borders with Ghana through Benin republic and increase trade?
Go and consult map and see that Nigeria and Ghana don't share borders before you here to yan upata

Mayflowa:


Why would you dismiss issue of national concern without an intelligent counter? This is coming from NBS. The records are there for everyone to probe. It is not even something to manipulating. If anything, the number is reduced due to effect of smuggling.

Gerout here with your gullible self. Who says we can't question NBS when they present questionable stats?

ijewejones:


Rushing tyns..thanks

OK! I love that beautiful cartoon! Well-thought out.

greatermeme:
OK! I love that beautiful cartoon! Well-thought out.

Thanks man. Na naija we dey, following all that trend..hence shopping nice memes like your moniker implies

FemiMaduka:
I see a lot of people do not understand this piece of information. The gist is that Ghana, in the last three months, has become the biggest IMPORTER of Nigerian products. The value of the goods it bought FROM Nigeria was quoted as roughly $2.4bn.

If this is true, it only shows that Ghana depends far much more on Nigeria than Nigeria depends on it. The interesting aspect of this news is that it is reported that more than 97% of the goods that Ghana bought from Nigeria were non-petroleum articles. This is also a positive for Nigeria.

The relationship between any two African countries should be that of mutual respect, two-way productivity and shared brotherhood.

Now, we need to invest heavily in power, metallurgy, electronics and functional education/research. It is about time we made our companies competitive enough to break the South African hegemony in choice sectors.

Your assertion is wrong. The consumer is never the dependant. Implying from your remark it means USA depends more on China than China does of the USA. Which is absolutely false from basic economics.

See it this way, had Ghana taken their 17% purchases elsewhere what would have become of the Nigerian government fiscal policy for next year. It cannot fund 17% of federal project. So understand basic economics and don't twist things.

im so glad at this. It actually shows that non-oil exports are acrually far much bigger than stats reveal.

That means total trade may be up to 3.7 trillion or $10bn a year. And Ghana is just one country but the 2nd most populous in West.Africa. Total value with West and Central Africa could be as high as $30bn. It could even be more.

Yet, the present government is throwing the baby out with the bathwater with so much vigour just to protect rice farmers and amateurishly stop smuggling of petrol across the borders. I doubt whether rice amounts up to 5% of the potential trade with other African countries

GENEGIRIA:
nigeria our yeye distant neighbour. how market? now you nigerians will know how important Ghana is to the Nigerian economy

[s][/s]

Lol, Ghana important to Nigeria indeed, FYI, Nigeria exports mostly industrial goods to Ghana and we export over 99% of our goods through the sea, so the land border closure doesn't really affect our economy.

You import from Nigeria because you don't have the capacity and technical know-how that Nigerians possess to produce them and importing from Asia or Europe would be more expensive for you, your only option is Nigeria.

Ghana is the first place of destination for our exports but not in the top five for our imports, meaning we practically produce everything Ghana produces.

Stop the imports of industrial goods from Nigeria and your economy crumbles, we are not mates.

Even with your 24/7 electricity, you still can't beat Nigeria in industrial products, bunch of noise makers. The balance of trade would definitely be in favour of Nigeria with a wide margin.

I feel like a lot of people do not understand the article yet they want to make a fight about it. For clarity purposes, mull on the below definitions:

1) Import: A commodity, article, or service brought in from abroad for sale.

2) Export: a product or service sold abroad.

Wickedfacts:
For the blockheads saying it's a lie and asking if the goods magically appeared in Nigeria, those goods were obviously shipped into Nigeria by sea.

This means Ghana was a country of origin for several smuggled goods.

Exactly, that's why the border closure affected them so much.

Guys the OP says..third quarter... That means Statistics of July--Aug.
Border closure started in the Fourth quarter.

Nice development.



Meanwhile get involved in poultry business. Take advantage of this border closure. Check my signature.

beresponsible:

You who can read why don't you say which borders are used when Nigerian land borders are closed to Benin republic and that's our only land crossing with Ghana.
How can close your borders with Ghana through Benin republic and increase trade?
Go and consult map and see that Nigeria and Ghana don't share borders before you here to yan upata

Olodo like you...do you transport crude oil through land borders?