₦airaland Forum

Aconomist:
Your commentary is spot on. Blacks are stagnant people.

Read here about the Chinese manufacturers coming to Nigeria to produce:

https://www.ft.com/content/9f5736d8-14e1-11e9-a581-4ff78404524e

Manufacturing is purely mental activity. It's more mental than resources based alone



Chrysler imports it's raw materials. From over 70 producers across the world.GNLD IMPORTS OVER 50 RAW MATERIALS. FOR ONE OF IT'S PRODUCTS. IS IT EASY TO SOURCE FOR RAW MATERIALS FROM. DIFFERENT PLACES TO PUT TOGETHER AS ONE?

Conrod:
Chief economist,tell us why a lot of manufacturing companies including michelin have left nigeria.

Nor attack me nah. We dey quarrel


You first tell us how Indigenous producers are working fine


Pure Bliss is a Nigerian brand

Infinity cereals

Hollandia yoghurt

Nasco Cereals

Eva soap




Now let me answer you not the newspaper rumour


Did you know Michelin was listed on the stock exchange and could raise up funds to build up and scale up its productiveness?


Every company has the freedom to exercise it's will to pull funds from the stock exchange market. Dangote keeps repeating and rinsing it and pays immaculate and terribly low dividends. BUA has watched his model and is using it



Who has caused southern producers to not do this tell me?

Igbochief001:
China's low labour makes them produce iron as such a cheap rate none of their competition could keep up maybe just india

The rest competitors are far developed nations with very expensive workers

There's nothing about cheap labor to the extent of causing other nation to not develop. Even the steel. Mills in Warri can produce iron for local markets consumption. Black people have mental laziness. Period

ChoCho54:
Erisco Tomato cried and cried and cried over forex whossai! I feel like slapping the the kid OP!

Erisco na small boy wey carry wetin pass am


He didn't have a model. Was Dangote not his competitor. Today isn't Dangote saying the country should ban tomato paste importation


Do I tell you what Dangote did. It wasn't about financial. Leverage bit smartness



While ERISCO was struggling to farm 1000 acres. Dangote went to all villages producing tomatoes. As much as 50,000 acres productiveness parley with them to get their produce since they had issue with transportation and preservation. He buys extremely low and cash in on their guibility and can use the excessive funds saved to import materials. He started with a smart plan. ERISCO didn't even have one

I'm not an igbo but Ndigbo elites doesn't know what it can with its youth which is what makes me sad. God bless the likes of TONIMAS. Even on him low key, I like what he's doing in the SE

Igbochief001:
Nah it needs it china consume more of it's iron than anyone else ...80% is used by china

China used more iron in 5 years than USA in the last 100 years

Trust me. The world's iron studies dey my left palm. I'd you think I lie go into history and research on Barack Obama's first law he passed into action and what he did in that action he took in relation to Chinese greed for global iron.



It won't even be so forever. With advanced space technological innovation the world will be mining iron from deep space and also extracting iron from. Ores that were previously too stable to isolate iron molecules from.

Igbochief001:
Tech is easy to develop today simple backwards engineering can do that that's not the issue

Our issues is mostly focusing on areas we don't have comparative advantage

If biafra was independent ...we would be supplying africa guns n bullet that's a multi billion dollars industry and no matter water we import our difference would be positive , same can go for cloths , and electrical and metal works

China is the world largest steel producer yet imports iron ore

China imports iron ore not because it needs it but because it wants to create a dependency on itself from Europe and US and to strip the world of iron raw materials and force the world to depend on itself


Biafra doesn't need to be independent to do anything. Whatever we need by virtue of giving excuses we can try to attain and achieve inspite of constrains and attain proactive productive Ness. Simple.


The Ndigbo needs to out on its thinking cap. It's not presently.?


Are you aware multiple SW companies are setting up mega alternative power production plants?



Are you aware the likes of ife any MBA and Co were given licenses to setup refineries which would have created jobs for igbo youths but that full and his likes didn't do it because importation is easy and fast money?

Aconomist:
Chinese agriculture is primitive compared to the west. Europe can average 400 tons per hectare in tomatoes, China can get maybe 40 while we get 4.

Lol. Baba your research is old. Try Wikipedia and check production of let's pick a few of cotton, tilapia, groundnut, of China. When you finish with that research you'll have updated your information Sir

MadamExcellency:
This is not about Small and Medium Scale Enterprises. We are talking of companies that can attract experienced brains and expertraits.

Madam. Check what I said up. I have 70,000 research work. I can produce virtually 100 commodities and in agricultural ventures atleast 40 products. I can expand it and produce on pretty much industrial scale. It's my dream. I'm building it phase by phase. Let's us all do the same and stop making excuses. The bigger the better




Do you know that if ERISCO had farmed it's 1000 acres of tomato land, it could have made 500 Million if an acres produce sells for just 50,000 Naira


Tell me anything I'll give you a road map of how to produce it on massive scale and impact the society. Africa keeps making excuses let's leave all these tales abeg


I repeat I dey build my brand. You go hear without knowing me in person


I rather die than leave milk. Industry to the few companies the FG is giving it's dodgy license to monopolise. God gave us brains, let's use it

Danzysb:
I believe you mean innoson,well I don't know why they allowed that brand on innoson motors,but what I know(I can prove by links) is that innoson motors parts are 70% indigenous the other 30% is probably from China,Japan etc...
Plus go Nnewi and see products upon products produced indigenous,this Nnewi has so many billionaires too.

Lol my dear let's leave story. There's no automobile manufacturer in the world. That doesn't import it's parts

Even makers like chrysler imports up to 70% of it'd components. Innoson has done well and should be celebrated abeg

Aconomist:
The majority of Chinese farms are still very primitive. They are a major food importer.

Lol. You think?


I have 70,000 pages researched documents on productivity on variety of things. Nigeria isn't China's mate I dare to say. China's primitiveness far outclasses whatever Nigeria is capable off for now


More than Half of the tokunbo of machine imports of Nigeria machine markets is from Asia. This are the people you say we're better than. If Chinese technol isn't backing Dangote up, Dangote go fold up. I swear down. He can never afford Western produced trucks and remain in comfortable play

Aconomist:
Are you saying the Abokis have access to dollars at the CBN rate? If that is the case, it's time for civil war 2 in Nigeria.

Northern have back doors to everything. What civil war. Yoruba don't listen



70% of the oil. Importers at a time who would get special contracts were usually from where?


What educated people don't have access to, they get the right. Bring in a southern expert on 80/20 or 70/30. That's how the entire country is wired. Yoruba don't listen. Yoruba are the reason Nigeria is the way it is. Let me not open this book here abeg. My prayer is one day they will have sense

Igbochief001:
China doesn't really have access to high tech they only have cheap labor and average tech

Today companies are leaving china for vietnam and thailand because china is getting developed and labour is becoming expensive coupled with china's under population issues

Rice can he 12k even if we produce at world average ....Nigeria farms gets 2 tons of rice per hectare while world average is around 6 ... thailand is around 10 and they farm 3 times a year we farm once

So once hectare gives u 300 bags of rice or 500 bags of rice if we have the right seeds ...if we farm twice that's 1000 bags from A football field in one year ...it can go for 5000 and they would still make mad profit

Lol. You try but nah. As average as Chinese tech is you can't beat it using crude Nigerian method. Example. I bought a Chinese equipment that will take 10 Laborers 2 months to do. With the equipment and just one person I can have it done in 6 weeks.


If it's tech for productive advantage, abeg China isn't Nigerians mate abeg you. Nor be hoe una dey take dig yams.?


Should I show you videos of Chinese fabricated equipments that can uproot and harvest 100,000 yams perfectly?

BastardWike:
Do you know how difficult it is to run a production firm in Nigeria? Dangote would get as much forex as he needs the very minute he needs it, it's just a phone call away! Yet he tried his hands in running tomato paste production facility and it closed down before he even started!

Dangote is not a super businessman and neither is he doing anything extraordinary. The North is using Dangote to corner a chunk of Nigeria's economy and that is why the government will always go out of its way to support them.

If you can't source forex from CBN to import raw materials and equipment, how would you be able to stay in business? Or you expect them to source from roadside abo.ki, then who would touch their finished goods that would end up three times the price of a Chinese imported equivalent?

Story for the gods. Lies



Forex can be gotten even if one needs 1 Billion dollars. The issue is the price the aboki in the north gets it is different from the man from the south. Hedge the cost of forex surplus against post-production products and do what needs to be done. Simple

MadamExcellency:
I am talking about politics as it affects siting of manufacturing industries in Nigeria with over 20 years experience and you're here talking about academic paper and research works.

Whatever. I am done.

For now the system is not favourable.

You don't get. Do you? Chai


No worry. I go capture two commodities next year. Na my dream 2021/2022 to fully capture two commodities market. I go find you. I've told you this last year. Or earlier this year, I'm repeating it again now.



All cabalistic policies can be outwitted. All

Danzysb:
Do you know that Aba made products made by Igbo Abia people are indigenous made products and are exported to African countries and even to Europe?
Innoson cars are 70 percent indigenous spare parts from nnewi is used to manufacture it,and us an indigenous manufacturing firm,you should remember Ben Murray Bruce saying they should buy from him and not throwing money to buy only foreign cars,so that they could invest in the Nigerian economy?

Na so. Tell us popular abandoned brands that have their icons branded on their products. Until it's this way, that productivity is assumed

Igbochief001:
You are an economist and u think importing created poverty ?

Lmao

First it depends on what u import , biafra would allow complete important of raw materials and smooth export of goods we have comparative advantage of

Rice should not be more than 12k ...but today I are buying it's 40k

Igbos are not scared of global producers ...not at all to no protection policy would be in place at least not like Nigeria

Okay. Stop passing wrong information abeg you


I was an importer and imported atleast 1000 shipments into the country before I left the market due to Chinese. I know mega boys then top that Chinese chased out of the marker.


Germany is crying against China. US is crying too whom are you? China is killing fair trade and everyone is affected. If you like keep deluding your self



When you're producing rice at 15k per bag. How much will you sell. Now because of innovation, China uses extremely high tech innovation to produce more and faster, Uses improved varieties that even mature faster. Processes faster and cheaper thanks to its steady electricity and you want to beat it by wishing. Continue dreaming

Biafra must be ready to have


Steady nuclear electricity. Distribute it freely. Offer companies no tax productivity, not charged for transportation and even at this and using Biotechnology, you won't beat your global competitors because you can't control the entire vertical and horizontal of global trade


Calm. Down on the Biafra greatness abeg you

MadamExcellency:
Don't misunderstand my point.

Setting up industries go beyond buildings and starting production.

There are other political dimensions such as tax break, import weivers, subvention, Legislative supports and a lot more.

If you want to survive, the political aspect of manufacturing is non avoidable.

I'm also a versed Macro economist. It goes down to business model and blueprint which I've been talking about. Let me share one of my secret business models


I want to setup yoghurt, milk, cheese, ice cream production outfit. To get the right amount of cows I know I need to have like 5000 cows in intensive breeding system. Rather than cry over forex, I'm going into 200 acres maize production first for some years produce the feed Base of the industry and then cut down production costs and build up from there up to milk production. You understand yourself as an engineer that all of these involves skillfully management of value chain system and then build up the industry.



Episcopi and the likes ought to within available productive ability produce what it can, and from its profit expand.


Simple


If it's productive economics I'm a by God's grace a person with some level of understanding. Whatever bottle necks that exists can be out maneuvered with careful. Planning


If you think say na like come and let me gist you of bottle necks I face in my outfit setup. Does it mean we whine and cry. No!


Excessive cry for forex still goes back to what we're talking about. The spirit of excessive importation.


We must do what we can within the resources we have. And from the proceeds we can buy all the things we need to fully get established. Simple

Importation equates fast money

Land buying and development is aimless and ambition less investment


Real value is manufacturing. Simple


Not brainless importation. If Nigeria knew how easy it is to produce many machines we import, I swear we would never import.


Simple Google up on Fridge Production will reveal how easy making a refrigerator is and can be done.

Aconomist:
What does a tomato paste factory desperately need FOREX for? If ERISCO was a serious company, he would be sourcing his raw materials in country to avoid that problem or do like Dangote is doing and vertically integrate -- IE cultivate his own tomato farm. ERISCO was not serious. He wanted that FOREX to continue brainless importation.

Let them be making excuses


Let me mark out tomato production. First he Farms and. Cultivates the 1000 acres and sell. The first year's produce and use the profit to buy imports. Tomato paste production doesn't require much. I'm an industrial chemist thank God



They need machines to bleach..... Mixing machines and chemicals for mixing and additive preservatives, extracting seeds, package. Nitrogen and the likes added for preservatives


WHY did EPISCOPI not hire experts? They are not as smart as they clamied


Bua group wanted to establish refinery in akwa I on, they went to French engineering group to design everything start to finish pay for it and they get their production outfit simple.

MadamExcellency:
Please stop the argument. First establish the company, depending on the scale (we are not talking about mushroom companies) and let see.

Please, I am a seasoned Engineer that have worked with 5 Multinationals including Oil companies.

A one time Labour Union leader.

Lol. Madam. I'm setting up 300 acres o. Calm yourself down. I know you're an engineer. You may not know me but I changed my. Moniker and know you.


Mind you. I was JETS level chemistry and physics expert at my last academia level
I stand by my verdict


On paper I have 200 industries and have started with the first 3. I nor announce am. It's slow by funds but I'm not making excuses. Stop making excuses.


My. First set of projects Don take off. 10 workers. I don try. At my level. No financial sponsorship from anywhere. Yet I'm not making excuses



Entrepreneurship is doing what one can withoj the availability of one's resources to achieve intended objectives not make excuses.

MadamExcellency:
The Igbos Manufacturers want to do it in their region but the Federal Government says NO.

It must be in Kaduna, Kano, Ogun or Lagos State

It's a lie. I'm setting up a few production outfits
Nobody is determining my location. The FG doesn't determine the location of. Nada


My. Uncle has the largest bakeries for example in my place when asked to. Move out he says he wants to promote business activity in his place.



Let me give you cogent examples the igbos need to do some serious soul searching.


I've heard Nnamdi kanu offered 200 Million Naira for some person's head. Do you know the average production outfit doesn't cost more than 150 Million Naira


Anambra alone can produce 1000 men that can cough out 150 Million in just a few seconds. Why can't they raise these so called group of business men with like minds under the auspicies of Igbo business men for the development of SE and setup 1000 industries.


If SE has 1000 industries creating 50 jobs per industry, that's 50,000 jobs created by Ndigbo for Ndigbo. The igbos have the talent. I've seen them operate heavy machinery in different market locations. And I weep each time I see them operate and wish they could be more. But they are blinded



Rather than chase politics groups like Orange can summon rich igbo sons and daughters to set up industries and before you know it 1000 industry will. Grow to 5000 industries and 50000 jobs to 250000 jobs. The Ndigbo already have financial flow and finance in banking industry and will provide the support.

It's simple. I've been very angry with igbo elites. If my tribe has much of what they have I will be cursing my elders daily. I hope and pray they discover what they have

My verdict is thus. I was at Alaba multiple times in the past few weeks and move around heavy equipment markets and I'm proud of my. Igbo brothers and pray their glory and greatness is achieved however

MadamExcellency:
The Federal Government will frustrate the companies.

Innoson and Tummy Tummy have been repeatedly threatened to move to Kaduna or LAGOS.

Ibeto Cement was frustrated by FG and is almost out of business.

The Civil war never ended economically, just a cease fire.

What glorious excuse


Lol


Infinity cereals is in ibadan doing their best with cereals and biscuits


There are many good igbo furniture makers and mattress makers

Vita foam

Purebliss is making biscuits and wafers


In this same bad Nigeria o


FreshYo is making yoghurt and cream

It's hi time people accept the myth of the igbo man's greatness is purely assumed the reality



Go to akwa I on and cross river. So and see their state governments breaking grounds setting up. Companies. Abia did the same with shoe making support systems.

I've always said it, the myth of the igbo man's greatness is merely assumed than is factual

BastardWike:
In addition, the civil war wiped out the economy of the Igbos. People like Odumegwu Ojukwu Snr, the Mbanefos etc. lost their wealth among all other Igbos. Every one had to begin afresh while other Nigerians retained their wealth. What happened to Igbos was devastating and would take any other ethnic group forever to recover from but we have been able to close the gap and even get ahead in some areas, maybe that's why people rarely acknowledge the extent of what we passed through.

It's been atleast 50 years since the civil war. Make we hear word. Innoson and many production outfits across the world didn't start before the civil war era

BastardWike:
Wow, you just said exactly what I stated. That example you gave is a perfect one. Erisco kept lamenting about his inability to get forex from CBN and warned it was putting his investments and workers at risk. Yet he was ignored and he even threatened to close his factory and relocate it to China and he was still ignored! Now, Erisco were to be Dangote or just a random fulani man, would he have suffered that fate?

Also, the economy of Nigeria favours importation more than production, and any capitalist will always do what will make him to maximize profits. You build your factory in Nigeria, generate your own power with deisel generators that will push your over head skywards among other debilitating factors when in contrast, you can simply take a flight to China, meet producers there, give them your prototype to produce or just make orders from what they already have in stock and place your logo on it, bring them to Nigeria and make cool profits while your counterpart who built his factory in Nigeria will be struggling to cover his expenses talk more of profit.

However, that's not to say that Igbos aren't into manufacturing, they still have the highest numbers of local manufacturers in Nigeria. But they would have embraced manufacturing far more if Nigeria is conducive for them.

Tales


Episcopi was given up to 1000 acres. Whatever he needed for the success of the tomato production outfit could come out of that. Give me 500 acres for tomato cultivation and I'll. Smack down tomato. Paste production hands down



Eriscoi isn't good enough simple. Is Chi not operating in Nigeria?

Aconomist:
That is not entirely true. Igbos don't lack wealth or capital. The problem is that most wealthy Igbo tend to brainlessly amass land instead of using their capital for production. This, I believe, is a major reason why the SE is underdeveloped.

If you want to look at land wealth in Nigeria, Igbos are probably the wealthiest in Nigeria. The capital is simply being misallocated to non-productive investments.

Simple. The igbos so not intituitively track it's use of financial resources to help make better decisions

They aren't as astute as they think

The quick fix. Importation is fast. Too well with critical creative thinking

We're not pro-productiviity. Consumerism is the black man's curse. To consume and consume like locusts


Push to front page. Let's interact mods


Lalasticlala

Dominique

Mynd44

MrKnowItAll

K

What investigative methodologies did you employ in determining the killers to ascertain the real killers were the ones caught and innocent persons weren't recruited for this exercise

I feel sorry for them