₦airaland Forum

MrBrownJay1:
the problem in this issue is that people want to compare Nigeria with foreign countries (like the US)... forgetting that:
- the 1st power plant in the US was built almost 150yrs ago (in 1882), but they now want Nigeria and its useless polithieves to be as equal as these countries, lol!

African politicians are failing Africa.
Africans are failing Africa by relying on their governments.

- the US gov made $3.5Trillion in revenue in 2019...aka enough money to solve Nigeria's power/road/hospitals/school/employment problems IN ONE DAY. yet some people now want to compare Nigeria with these countries, lol!
- in the west, we are forced to pay thousands every months in taxes, which goes to the gov, and part of the money is used to help better our lives.... while Nigerians who dont even pay 30K Nairas monthly in taxes want the same services (power/hospitals/roads/schools/employment etc) as these rich foreign countries. lol!

No one is implying this......

[b]- most countries in the west have GREAT leaders that would still loot but do so in a way that the common people would not be affected by it, while you want to compare that with Nigerian leaders who would loot and openly have the masses suffer in hunger/unemployment, lol!

This is the reason why I say its up to us as Africans to take our destiny in our own hands.Because we have illiterate , greedy people in politics.

- when was the last time you heard of fulani/Texan herdsmen problems in the US? yet you want to compare with these lands? lol!

So there are fulani herdsmen in Senegal/Gambia/Ghana/Togo/Kenya/Angola?
Ordinary mega farm Africans wont create,but were busy importing tomato sauce!

- when did you ever hear of tribalism in these foreign countries? even with all the racism in the US, the country is still going strong... while Nigerians are openly fighting against their fellow men (putting Nigeria's economy on its knees) because of ethnicity. lol!

But you still buy products from countries that are racist to blacks?
So 40 Million Yorubas cant manufacture simple smart phone accessories and sell to themselves?
So youre saying that people in Ghana or Togo won't buy Igbo products?

the reality of Nigeria is that the elite in gov are getting richer and certainly dont want the little people to get better lives. who will work in their slave-type factories if everyone has money?!

Everyone is not going to have money. Only a few People will own large Businesses,does everyone in South Korea own a factory?!
What the hell are you trying to say!

By the way what exactly is your plan for getting rid of APC/PDP,Tinubu,Atiku,Outtara,Musevini of Uganda,Keita of Mali,Raila Odinga of Kenya,Edgar Lungu Of Zambia,Paul Biya of Cameroon?

PortHardcore:
African politicians are failing Africa.
Africans are failing Africa by relying on their governments.

a hungry/jobless man can never be a free man... Nigerians are very intelligent in finding ways to make ends meet and tackle poor governance (some way or the other) in order to satisfy their own lives. expecting these same people to now do the same for the WHOLE country, while they cant even get along, thanks to tribalism... makes very little sense. abeg, show us your magic wand to succeed in that dream of yours.

No one is implying this......

yet you are the one bringing US power plants, US hospital or foreign infrastructures to this discussion... expecting Nigeria to have/be the same?!?!?!?

This is the reason why I say its up to us as Africans to take our destiny in our own hands.Because we have illiterate , greedy people in politics

so you really believe that Nigeria's entire revenue should be left to these polithieves to loot, while the common people should now get together to do (with their little money) what the gov should?! you really believe that instead of REMOVING THESE USELESS LEADER, Nigerians should all chip in to built power plants and hospitals with their own cash (while polithieves buy mansions in Banana island and Miami)?!

So there are fulani herdsmen in Senegal/Gambia/Ghana/Togo/Kenya/Angola?
Ordinary mega farm Africans wont create,but were busy importing tomato sauce!

since you think its so easy to create mega farms and make money from them, why dont you do exactly that and see how fulani herdsmen deal with you?!
since you think creating mega farms is the solution to Nigeria's problem, why dont you start one and solve Nigeria's problem?

But you still buy products from countries that are racist to blacks?

abeg, show me your Nigerian smart phone, Mr wise man!
show me your Nigerian made laptop, Mr knowitall?
what about your Nigerian plane, Mr smart man?
you just think that Rome was built in one day AND/OR with crooked foundations!
wake up please.... to do any of what you are talking about, you need proper FOUNDATION!!!! therefore, until these bastard leaders are removed, and foreign gov's hands no longer steal our natural ressources, all what you are talking about is a smoke dream.

So 40 Million Yorubas cant manufacture simple smart phone accessories and sell to themselves?

no they cant!!! just like the US cant manufacture Apple phone and Nike shoes and sell to their own selves. ITS CHEAPER AND MORE PROFITABLE TO HAVE THESE ITEMS BUILT IN CHINA/INDIA etc !

So youre saying that people in Ghana or Togo won't buy Igbo products?

i dont care about what people in Ghana and Togo do....but since you believe that igbo products will "automatically" sell in other countries, because these countries A) dont have such good or B) are dying for igbo goods... then why dont you start such business and give Nigerians the well needed jobs they desire? Mr smart man!

Everyone is not going to have money. Only a few People will own large Businesses,does everyone in South Korea own a factory?!
What the hell are you trying to say!

yet you are the one who want Nigerians to chip in and build power plants, abi?
yet you are the one who want Nigerians to chip in and build hospitals, abi?
yet you are the one who thinks that Nigerians should build mega farms like in some irrelevant foreign land, abi?
again, stop comparing banana with football... the problem of Nigeria today is NOT building useless factories that wont make money. if there was any financial gain in building these factories, then wise Nigerians would have done that a LOOOONG time ago...unless of course you believe that all Nigerians, including the multi Billionaires (in dollars), are so stupid that they dont want to get richer by creating factories in Nigeria. you are truly a dreamer if you think that building a factory to create phones etc in Nigeria is the solution to Nigeria's problem.

By the way what exactly is your plan for getting rid of APC/PDP,Tinubu,Atiku,Outtara,Musevini of Uganda,Keita of Mali,Raila Odinga of Kenya,Edgar Lungu Of Zambia,Paul Biya of Cameroon?

my solution is very simple:

gather them all in one place and...

[img]https://media1./images/e173c5d06c60f5b537c5cf18b9f38c19/tenor.gif[/img]

PortHardcore

Honestly, it is not our fault -- we are not a intelligent people! We can not establish these companies because most of us don't know how it works or how to go about it. Even those that manage to establish a company rely on foreigners to maintain it for them and This considerably increases the cost of providing the product or service. Our government also would rely on these foreigners to establish anything they want to do for us.

My solution, we should patiently pursue practical education from those racists (we have no choice) and apply what we know here. We have very few people who know how somethings work, but they don't care enough for their country's development. Many of them would rather be lowlife employee to those racists than coming back here to take risk.

One thing I am pretty certain about is that our government can not help us develop as we all want, because they are either greedy, or not intelligent.

Igbochief001:
People would say I'm tribalistic but I don't care the truth is the truth ...
When Nigeria left ziks capitalist idea before the war and adopted awolowo socialist idea that's when we stop growing

Education is not meant to be free at all , only the rich or intelligent should go to school ...look at the leaders of the north in those days that really went to school ...u would wonder were the hausa accent came from

Socialist run Nigeria ...awo and hello philosophy is what we are doing today ...

Allow free trade ,allow free import , develop your self see the area u have comparative advantage focus there and import the rest

Sure, Awo also forced your leaders in the east to practice the same socialism, right. What stops you people, the alpha and omega, to manufacture everything for us? And why do you people blame everyone for everything, but yourselves?

PortHardcore:
For all of you think that its the Government's responsibility to provide you with electricity.
The Governments responsibility should be consumer protection and regulation not production.

https://en.wikipedia.org/wiki/List_of_power_stations_in_New_York

But for years the same placed power generation in the exclusive list, that is, they are the only ones allowed to provide Nigerians electricity. You get my point about our intelligent as a people? Or maybe, Some people intentionally sat down somewhere to hold everyone down?

llakes4real:
Sure, Awo also forced your leaders in the east to practice the same socialism, right. What stops you people, the alpha and omega, to manufacture everything for us? And why do you people blame everyone for everything, but yourselves?

Go to school u won't hear ...pay attention in economics class u won't now u want to disgrace your generation here

Does the south east operate a different economic system ?
Who determine the economic climate in Nigeria state or local government ?

Igbochief001:
Go to school u won't hear ...pay attention in economics class u won't now u want to disgrace your generation here

Does the south east operate a different economic system ?
Who determine the economic climate in Nigeria state or local government ?

Useless reply! Address the questions I posed to you first! Awo did not force anything down the throat of your leaders, so you can not blame him for lack of productivity! Stop blaming everyone, and make yourselves useful.

llakes4real:
Useless reply! Address the questions I posed to you first! Awo did not force anything down the throat of your leaders, so you can not blame him for lack of productivity! Stop blaming everyone, and make yourselves useful.

I just replied u Oga ...but u are too dumb to get it

No state can determine it's economic climate only the federal government can ....u can't set your tax system , import and export policy so how do u expect a state to grow ?

Igbochief001:
I just replied u Oga ...but u are too dumb to get it

No state can determine it's economic climate only the federal government can ....u can't set your tax system , import and export policy so how do u expect a state to grow ?

So how is this the fault of Awolowo? Did the man ever rule Nigeria? Did he ever rule the east? So, what is your problem with him?

llakes4real:
So how is this the fault of Awolowo? Did the man ever rule Nigeria? Did he ever rule the east? So, what is your problem with him?

Oga I didn't only mentioned his name bello was also mentioned

Most people who have ruled Nigeria since 1970 are people who belived in their principles

Igbochief001:
Oga no company can move from here to Ghana because of power

I own and run a factory ...I have never been and might never be connected to nepa ..yet power contribute less han 7% of my production cost

Let's stop lying to ourselves ....lack of power is no excuse

Epileptic Power supply is a major reason companies like Unilever and Michelin moved to Ghana man.

There are many companies/businesses that rely heavily on power supply. There are also numerous possibilities for business ventures when there's constant electricity. We don't know this because our power supply is appalling. Considering the fact that fuel scarcity is a thing in Nigeria, Business people need to be pragmatic. It's the only way they can stay afloat.

MrBrownJay1:
a hungry/jobless man can never be a free man... Nigerians are very intelligent in finding ways to make ends meet and tackle poor governance (some way or the other) in order to satisfy their own lives. expecting these same people to now do the same for the WHOLE country, while they cant even get along, thanks to tribalism... makes very little sense. abeg, show us your magic wand to succeed in that dream of yours.



yet you are the one bringing US power plants, US hospital or foreign infrastructures to this discussion... expecting Nigeria to have/be the same?!?!?!?



so you really believe that Nigeria's entire revenue should be left to these polithieves to loot, while the common people should now get together to do (with their little money) what the gov should?! you really believe that instead of REMOVING THESE USELESS LEADER, Nigerians should all chip in to built power plants and hospitals with their own cash (while polithieves buy mansions in Banana island and Miami)?!



since you think its so easy to create mega farms and make money from them, why dont you do exactly that and see how fulani herdsmen deal with you?!
since you think creating mega farms is the solution to Nigeria's problem, why dont you start one and solve Nigeria's problem?



abeg, show me your Nigerian smart phone, Mr wise man!
show me your Nigerian made laptop, Mr knowitall?
what about your Nigerian plane, Mr smart man?
you just think that Rome was built in one day AND/OR with crooked foundations!
wake up please.... to do any of what you are talking about, you need proper FOUNDATION!!!! therefore, until these bastard leaders are removed, and foreign gov's hands no longer steal our natural ressources, all what you are talking about is a smoke dream.



no they cant!!! just like the US cant manufacture Apple phone and Nike shoes and sell to their own selves. ITS CHEAPER AND MORE PROFITABLE TO HAVE THESE ITEMS BUILT IN CHINA/INDIA etc !



i dont care about what people in Ghana and Togo do....but since you believe that igbo products will "automatically" sell in other countries, because these countries A) dont have such good or B) are dying for igbo goods... then why dont you start such business and give Nigerians the well needed jobs they desire? Mr smart man!



yet you are the one who want Nigerians to chip in and build power plants, abi?
yet you are the one who want Nigerians to chip in and build hospitals, abi?
yet you are the one who thinks that Nigerians should build mega farms like in some irrelevant foreign land, abi?
again, stop comparing banana with football... the problem of Nigeria today is NOT building useless factories that wont make money. if there was any financial gain in building these factories, then wise Nigerians would have done that a LOOOONG time ago...unless of course you believe that all Nigerians, including the multi Billionaires (in dollars), are so stupid that they dont want to get richer by creating factories in Nigeria. you are truly a dreamer if you think that building a factory to create phones etc in Nigeria is the solution to Nigeria's problem.



my solution is very simple:

gather them all in one place and...

[img]https://media1./images/e173c5d06c60f5b537c5cf18b9f38c19/tenor.gif[/img]

You know why your plan is pointless.
1)You won't get good leaders simply by neutralizing the bad ones.(Its Also Impossible)
1a) Nigeria got rid of military rulers and still went downhill with civilian ones.
1b)You got rid of PDP and ended up with APC.

2)Just because your leadership isn't corrupt, doesn't mean that they have vision!
2a)Just look at George Weah of Liberia!He doesn't know what the f he's doing!
2b) Look at Buhari,he was elected because he had integrity! How did that turn out for us?!

3)There is NO WAY to tell if a person can bring development to a country! No way!

4)You say Africans are tribalistic but you are also expecting these Africans to not elect leaders from tribalistic sentiments.


You're expecting politicians who get into politics for wealth and fame to provide quality hospitals , stellar infrastructure and adequate electricity!

llakes4real:
But for years the same placed power generation in the exclusive list, that is, they are the only ones allowed to provide Nigerians electricity. You get my point about our intelligent as a people? Or maybe, Some people intentionally sat down somewhere to hold everyone down?

Bros i found 4 private power stations in Nigeria...
So private entities can provide electricity.

What about transcorp? They're private company with 900 MW of power production.

https://transcorppower.com/

PortHardcore:
thanks. I think IM going to shame Nairalanders into seeing that they are the ones that is holding the black race back

Check this out a $50 million dollar power plant that generates 100MegaWatts of power,and it is private owned!
https://www.calpine.com/kennedy-international-airport-power-plant

So nobody in Nigeria can form a corporation and spend $50Million dollars on a power plant!
So you telling me that nobody is willing to pay for electricity in Nigeria!
https://dnnt93026.blob.core.windows.net/portals/0/Images/Plant%20photos/LR%20Plant%20Images/Kennedy-International_LOW.jpg?sr=b&si=DNNFileManagerPolicy&sig=krMkCwr870jspV489pGlOlBauBkSPsVYcUFjz32NWNs%3D

The problem is: if you try to build a power plant in Nigeria, the government is going to force you to put it on the national grid. Government bureaucracy is the reason a lot of what you said is not working not only in Nigeria but subsahara Africa. As long as you have a government led by backward people, it's going to be difficult to build your country.

PortHardcore:
Bros i found 4 private power stations in Nigeria...
So private entities can provide electricity.

What about transcorp? They're private company with 900 MW of power production.

https://transcorppower.com/

Electrical power just like everything else in the country is centralized. Though, this factor contributes little to the problem. Majorly, our lack of more power plants is as a result of intellectual deficiencies. The government does not stop a Nigerian from generating electricity and selling it efficiently!

obaaderemi:
The problem is: if you try to build a power plant in Nigeria, the government is going to force you to put it on the national grid. Government bureaucracy is the reason a lot of what you said is not working not only in Nigeria but subsahara Africa. As long as you have a government led by backward people, it's going to be difficult to build your country.

Good point. But this doesn't explain why we won't produce things that we import.
Like
Air conditioner.
Toothpicks
Tomato sauce.
Chocolate.
Spring water.
Power Banks.


How is the government getting in the way of private sector starting to produce more of these things?

How does the government prevent families from starting commercial farms?

Look at this:

https://mobile.twitter.com/AllOnEnergy/status/1279050933666799617

Clean, safe and affordable #energy is still a major problem for many communities in Nigeria.

On the #PowerSolutions show on Monday, July 6th,
@TreyJarrard
, CEO
@RenewviaEnergy
will be sharing with
@WiebeB_Africa
and
@CollinsTeke
what his company is doing for the Niger Delta

See we're here relying on racist white people to do what we should be doing ourselves.

PortHardcore:
But this doesn't explain why the rest of Sub Saharan Africa is the same.

Shhh. Awo is causing poverty in the Congo and Sudan, ok?

PortHardcore:
Good point. But this doesn't explain why we won't produce things that we import.
Like
Air conditioner.
Toothpicks
Tomato sauce.
Chocolate.
Spring water.
Power Banks.


How is the government getting in the way of private sector starting to produce more of these things?

How does the government prevent families from starting commercial farms?

People don't want to take risks. Africans are not daring enough when it comes to investment. Look how much people like Vanderbilt and Rockefeller put into railroads and oil in the early risky days! Africans would rather buy and sell. You and I included.

Raydos:
Some companies moved from Nigeria to Ghana Few years ago because of Epileptic power supply!!

How do you expect the citizen to do all these when you can't even provide them a stable electricity? Or Nigerians are supposed to generate power for themselves too??

Stable electricity alone can Reduce Poverty by 40%

When you don't have basic amenities in a country such as Stable Power supply, Good roads, Conducive environment, security,

How do you expect the citizen to be creative?? Are the citizen the one to provide Power, Roads, Security, And so on for themselves??


The Texas you're talking about, Their government over there has provided world class infrastructures for them that will make businesses to thrive with ease, Do you have that in Nigeria??

A lot of business are moving out Nigeria every year, because of insecurity and epileptic power, and unstable economy!

Instead of Facing the government, You're attacking the poor citizen that live less than a dollar per day!!


OP you don't have a point at all!!

This your mentality is UNHELPFUL and UNHEALTHY!!!

Government! Government!! Government!!!

How much exactly do the government have?

MrBrownJay1:
stop putting everyone in the same boat... countries that are ravaged by poverty cant focus on having these same hungry people paying for hospitals while their bellies are rumbling in hunger... and the rich people (who CAN pay for these hospitals) dont care and would rather enslave these same poor people into working for peanuts in these rich people's factories.



what the hell does the above nonsense got to do with building hospitals for a whole country? how many hospital do you know that Mr musk built?! expecting rich Nigerians to do what the Nigerian gov should is your failure in this issue. the country is rotten with corruption therefore i fully understand why everyone is looking for their own salvation, rather than help the masses.



there is more profit in what these rich men are doing than opening a hospital in a country where A) people dont go to hospital unless they are dying and B) people rather pay some BS herbalist than going to hospital.



educate yourself on the issue of medical care in the west, instead of writing irrelevant rubbish... the majority of these foreign hospital's bills are paid by the gov... not directly by the people.



you can only make money with a hospital in a country where people can AFFORD treatment.



there is a reason why communist countries like China/Cuba have some of the best FREE hospitals in the world, yet you dont use your brain to expect the gov to do the same...and offer free medical care.... but will be quick to compare africa with these foreign countries, while expecting rich Nigerians to do what the Nigerian gov should and/or what these foreign countries are doing?!?!?!? are you ok?!?!?



again, people are hungry, you are focussing on BS...let the people get 3 square meals per day FIRST then let them have a job and no worries in life SECOND, before expecting them to invest their own money in whatever nonsense hospitals you are talking about!



what the hell are you talking about? do you really expect ALL Nigerians to chip in to pay for hospitals while bastards polithieves are looting the country's coffers?! are you ok?!?!?



create that farm and employ the millions then and stop expecting common hungry people to chip in to create these farms. Nigerians that cant come as one to get rid of the polithieves that are robbing them daily, you expect these same people to get together to create a biz?! abeg grow a brain!



who is waiting for palliatives?! Nigerians are looking for their next meals... looking for jobs that they cant create themselves...and the minute they will get a little money, they will invest in their own selfish biz to cater for their own hunger, and certainly not invest in some foolish hospitals etc that the gov should provide for the masses. whats next? Nigerian investing their own money to build power plant so that they can have 24hr light abi?!?!?

You have a lot to learn!!!

How much money do you think the federal, state and local governments have in Nigeria? This question is very important and will provide you with answers.

HarryDuce:
Epileptic Power supply is a major reason companies like Unilever and Michelin moved to Ghana man.

There are many companies/businesses that rely heavily on power supply. There are also numerous possibilities for business ventures when there's constant electricity. We don't know this because our power supply is appalling. Considering the fact that fuel scarcity is a thing in Nigeria, Business people need to be pragmatic. It's the only way they can stay afloat.

Oga everywhere in the world big business provide power for themselves

Gas is super cheap her. With 3 million dollars u can have 5mw plant built for u ...power with gas

Those company might leave Nigeria for anything not power

This kind of thread with intellectual discourse will not make front page.
Irrelevant things thrive here.

Gerrard59:
MrBrownJay1 is actually making a great point regarding manufacturing in Africa. The major manufacturers we've on the continent are foreigners who plough capital gotten from their home countries with low interest rates compared to actual Africans where interest rates are above the ceiling. It's cheaper to import certain products from other countries than manufacture them here. Unilever and Olam executives have said so countless times. Additionally, I'll say some people aren't thinking in the long term compared to say the Chinese or Lebanese. In manufacturing, one has to think long-term in order to break even which unfortunately due to high interest rates, distorted government policies etc., investors shy away from.

Furthermore, as much as we've African entrepreneurs doing exceptionally well across the continent, Africans seem to have an animosity towards foreign or outside investment as evident by Ghana, Botswana or other anti-investors' policies. Botswana restricted foreign investors in who they employ (in a country of slightly above 2M), sectors to invest in and so on. Ghana, OTOH, says before you get license to commence in certain sectors, an investor must have at least $500K. This was because they were afraid of Nigerian traders making waves or Nigerians who continue to bicker South African companies for "exploiting" them or even South Africans who display xenophobic acts once in a while. However, these anti-investment culture doesn't exist or at best is minimal in Asian countries. Asian countries have signed more cross continental trade deals than African countries and will benefit from the labour and trade investments. You have Vietnam, Thailand, Indonesia bursting with huge foreign investments and even the new kid on the block - Myanmar. Unfortunately here, we're concerned about ethnicity or some homogeneity instead of economics. We need to trade more amongst ourselves.

OK, look at the aviation industry, there are more restrictions amongst African countries regarding airspaces than Asian nations which is why it's cheaper to travel across Europe or Asia than across Africa. Or it's cheaper to travel from a European city to an African counterpart than from an African city to another African city. You might say there ought to be a market before governments realise the problem but look at the trade deal we wanted signing (AFCTA) or the restriction on foreign capital. Asian countries understand economics than us. It's the communal nature that's introduced into economics which is failing the continent because let's admit it, there exists no successful country in the world that didn't attract foreign capital. Japan was largely undeveloped until she opened up to the west ditto China or Myanmar. The belief that countries like Liberia, DRC, Gabon, Mauritania, Mali, Senegal, Malawi, Mozambique, Sierra Leone, Tanzania etc., would develop on their own without unrestricted foreign capital investment is foolhardy.

That said, mere listing those countries made me realise how useless they are economically. There are way too many economically useless countries on the continent.

Wisdom full your head oga...

And for the OP, before capitalism can thrive, it needs a aggressive government intervention to create policies and infrastructure.. So don't blame Nigerians who even prefer to keep and invest their wealth outside, there is little security and mammoth corruption in all sectors of Nigeria.. How do u want capitalism to thrive to the best in this kinda unstable environment?

mrchineke:
You have a lot to learn!!!

How much money do you think the federal, state and local governments have in Nigeria? This question is very important and will provide you with answers.

Bia this man, wia u keep ya sense?
See mumu question u dy ask in a rich country like Nigeria... Even countries with lesser wealth have better infrastructure and better business environment to boost the economy...
The big countries of the world have spent billions to upgrade their infrastructure to boost the economy, whether its govt funded or by bonds or private investment.. The epicenter of any strategic development is the government..
Stop defending the evil govts of Nigeria are you okay abi dem send you?

Igbochief001:
Oga everywhere in the world big business provide power for themselves

Gas is super cheap her. With 3 million dollars u can have 5mw plant built for u ...power with gas

Those company might leave Nigeria for anything not power

Stop this thrash you are talking...
What kinda nonsense is this... When the New York power grid collapsed sometime ago, do u know how many billions was lost on productivity.. Top countries are busy expanding new ways to boost energy production through govt-led policies and funding and u are here talking thrash...
These big companies rely on other smaller companies as part of a wider supply chain..
Having constant reliable power will drastically reduce cost of production one way or the other..
Are u blind to see that?

obaaderemi:
People don't want to take risks. Africans are not daring enough when it comes to investment. Look how much people like Vanderbilt and Rockefeller put into railroads and oil in the early risky days! Africans would rather buy and sell. You and I included.

Oga you can only be daring when the knowledge is there...
The education and research system of Africa is a mess, so how do produce brilliant minds when There is education...
Nigeria has slashed education budget for next year, our educational system is a big mess so tell me how you wanna produce the minds that will create new industries?
Everything about a society's progress is tied to the government..

Minsk24:
Stop this thrash you are talking...
What kinda nonsense is this... When the New York power grid collapsed sometime ago, do u know how many billions was lost on productivity.. Top countries are busy expanding new ways to boost energy production through govt-led policies and funding and u are here talking thrash...
These big companies rely on other smaller companies as part of a wider supply chain..
Having constant reliable power will drastically reduce cost of production one way or the other..
Are u blind to see that?

How many manufacturing company do u have in new York ? ..Oga who would be the fool to start a manufacturing company in New York ?

I manufacture and I can tell u categorically ..producing your own power is far cheaper than nepa once u are a big company ...power is no excuse ....we have seen how innovative bonny has become with 24 hours light for over 25 years

Bros power is no excuse

If steel companies can survive in Nigeria ...no body has any excuse

Igbochief001:
How many manufacturing company do u have in new York ? ..Oga who would be the fool to start a manufacturing company in New York ?

I manufacture and I can tell u categorically ..producing your own power is far cheaper than nepa once u are a big company ...power is no excuse ....we have seen how innovative bonny has become with 24 hours light for over 25 years

Bros power is no excuse

If steel companies can survive in Nigeria ...no body has any excuse

Oga i never talked about manufacturing in NY... I said Productivity which could b from any other sector...
But seriously we shouldn't be having this argument..
It might be cheaper as u said but how viable is it to every entrepreneur...
I Repeat..
Govt led policies or funding is the foundation of the growth of any society...
Why do you think the US govt rushed to bailout huge companies in this pandemic despite the huge tax relief enacted by the white house...
This tells you how vital the Government is.. Even in some of the most open markets of the world like Hong Kong and Singapore. There is still significant Govt interventionz in every sector of the economy

People are quick to bash Socialism as tho it doesn't work...capitalism is not the only answer to progressive society.. What each society needs is to be free of corruption and led by a forward Thinking government..
Many European countries have huge welfare schemes and lots of govt interventions in many stuffs but they are still progressive and afford a better standard of living...
Capitalism is not the answer, ask Chile, ask Hong Kongers who find housing very expensive because its all in the hands of the private sector.. Capitalism without govt intervention and control breeds inequality to a very high extent..
Most sectors of The economy in Chile are controlled by the private sector, look at the level of inequality thats raging there now..
There is nothing wrong with Socialism as long as u have the right set of people to head the agenda..

Minsk24:
Oga i never talked about manufacturing in NY... I said Productivity which could b from any other sector...
But seriously we shouldn't be having this argument..
It might be cheaper as u said but how viable is it to every entrepreneur...
I Repeat..
Govt led policies or funding is the foundation of the growth of any society...
Why do you think the US govt rushed to bailout huge companies in this pandemic despite the huge tax relief enacted by the white house...
This tells you how vital the Government is.. Even in some of the most open markets of the world like Hong Kong and Singapore. There is still significant Govt interventionz in every sector of the economy

Oga every big manufacturing company in the world produce their own power

Those company that left Nigeria left because they didn't want to sale shares like obj asked

He asked them do sale some part of the company to Nigerians

They didn't leave because of power

Igbochief001:
Oga no company can move from here to Ghana because of power

I own and run a factory ...I have never been and might never be connected to nepa ..yet power contribute less han 7% of my production cost

Let's stop lying to ourselves ....lack of power is no excuse

Interesting. Please what do you manufacture? Or which industry are you in (if you decline to name the product)?