Reference's Posts
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robosky02:But that of Kenya is much more than 1.2million dollars. |
marlow1962:There are millions of people within two hundred miles of that plant on all sides of the border. That is their catchment area. With a good business plan their prices will surely be competitive with products coming from hundreds of miles south or thousands of miles from abroad. |
This is the exact model government, federal, state and local government should adopt in righting this economy. Industries all over the place. That is what they should be spending their 'scarce' resources on. These are the entrepreneurial assets worth borrowing money for. Seed industries, wean them and collect back your capital as they begin to trade, then move to the next enterprise. In no time , over the course of a few governments the whole place will be filled with them. Then your IGR is sure, then your infrastructure projects are easily funded. Then those in employment are much more tooled to contribute to the economy of your locality through taxation. For us that live in Abuja and see the hordes of youth roaming about the city everyday, what is the FCT minister doing about industrialization, enterprise creation that will found a REAL economy. It is not all about contracting, roads, bridges, housing. Al so the means to fuel development by productivity. If his working capital is not split evenly between infrastructure and industrialization he is simply creating an unsustainable economy that will decay from within. Idu industrial is there. Get is ticking. There are trucks and trucks pouring into the city everyday bringing imported goods to service the construction industry for starters. Get just one or two items to make in the city. |
Just like Nigeria's version of democracy Elections after elections yet the country continues to slide. General after general, yet the baddies continue to roam wild and free. A country that cannot solve it's fundamental problems. And a citizenry that cannot set the framework for the kind of leadership that instals result oriented leadership. Isn't it time we begin to look into and debate how our security and armed services is structured and how leadership ascends. Perhaps we should adopt the US military model where leadership is purely on merit rather than by a combination of seniority and ethnic biases as we have here. |
Apt. What I have been saying for two decades and more. We don't have an earnings problem. We have a spending problem. We are here because of waste, theft and gross mismanagement. |
Your taxes at work. Your subsidy savings at work. Only in black Africa, the last feudal bastion on earth will peons take pride in the fat around the cheeks of their rulers. Every other sane society will put their leaders on middle class wages, entitlements and compensations. |
kaunafemzy:Exactly. And the same people who were dancing to the charade are back here making recommendations on how to move forward. Recommendatioms they scorned at the last elections. |
zero8zero:Decrepit refinery you say after years of lies and billions of dollars spent/wasted. It is like you guys have forgotten the tales of yesterday under this very government and this very party over the last ten years. Now who is going to hold you guys accountable. |
EdonhappenTv:Which government? I am amazed that citizens expect anything positive with this structure we operate. If I may ask you. Where is the nearest 'National' police station tand how well is it equiped to meet this task. Where is the nearest military garrison located..Probably tens of kilometres away, perhaps hundreds of kilometres away. That is the key. Security density is far too low to trap these felons. It is like sleeping under the cover of chicken wire mesh to prevent mosquito bites. I am cocksure a number of locals, farmers, travellers, have seen or have been seeing these hoodlums out and about. And had it been that the local sheriff was a five minute drive away even smoke signals can bring the law to bear on them. If that local government had its own police services the least that would happen is that Intel can be provided to bring more resources, more firepower to bear on them. It will be easier to track them down, to hunt them down till they are either apprehended or killed. Nigeria is suffering today simply because the structure of governance is faulty. The security architecture is not for for purpose. Without state or local government police services those resident in such places are easy fodder for criminal elements and will continue to pay with their hard earned money and their lives. |
Tayorshd87:My friend it is a two way street. There is also a catalogue of things that citizens provide for themselves here that is unimaginable elsewhere. So just as the citizens are tasked to reform, government too should be reforming itself in tandem. But what do we have. Business as usual. Government digging in to it's carefree, wasteful ways. People have cried out. We don't need this and that project. Do this and that instead. Yet the government is adamant in it's way for it's benefit. And you expect people to gladly pay for that without complaint. Let the government spell out in exact terms what the 15 percent surcharge is going to fund or finance and let the people decide if it is worth it or not. Don't tell us we should pay tax to protect a certain private business. That is absolute rubbish. |
Misterone:You should actually be grateful and praiseful of whoever tells you the truth. No matter how upset you are about it, it is for your good as a country. No matter how you colour it, debt is not good. There is no country in the world that is not worried about its present debt situation, none. Just open your ears to international news. From the US to UK to France to Japan. They ALL want to reduce their debts no matter how addicted they are to new credit. It is not a badge of honour as this government proudly wears it. |
nairalanda1:Then just close the borders to 'cheap', 'dirty' fuel as you say. Just as we closed the borders to 'cheap', 'plastic' rice, remember. And let Dangote run the downstream industry alone. After all is that not we all want. |
datola:Then why not just ban importation, close the borders to petroleum products since Dangote has the capacity as you say. Protect his refinery by fiat and don't milk the public with this brazen money grab. I said it earlier today on this matter. If the government is not ploughing the revenues from this taxation directly back into the industry to fast track other refinery developments by way of grants or equity to the likes of BUA and co, then the motives are ulterior. Just a money grab. To be loading taxation on a commodity that was previously subsidized in an economic cycle that has not seen an inflationary recovery is just mean. The excuse of protecting Dangote remains an excuse in my opinion. If you want to protect him ban imports, period. |
The second question that should be asked. The 100 pound gorilla in the room. Who or what is against the formation of state police. We are not even talking about council or local government police. Why will.a state in the 31st century adopt so called vigilantes as a part of it's security strategy in the face of churning insecurity of a serious kind. If you like conspiracy stories this is one to chew on. |
ClearFlair:Don't even think he can go to his village without seriously armed personal protection detail. |
ravensckar:This is another aspect of governance that the public often ignores. The role of government in economic development. The lazy model we have often practiced is by fencing a plot (banning) and then throwing money around (scattering seed) with the presumption of a harvest down the line. That is what they did. They closed the borders and then through the CBN threw money at people particularly politically exposed people thinking they will go to farm and create the volumes and value to make for import substitution. Same thing with poverty. They throw money at it. Same with security they throw money at it. Everything is about allocating whereas they have not cleared the bush, tilled the ground and prepared the farm to accept the seed. What are the policies in place to get additional refining capacity. What are the timelines, what are the inputs by government because it is the responsibility of government to lay the foundations for industry. They should have active stakes in all concerns. If the 15% levy is going to raise x naira and x naira is going as government equity to fastrack the BUA refinery, and other refineries in their industrialization masterplan, I won't have any issues with it. It will be easy to account for the funds, it will be a recoverable investment and the long term gains in fuel price reductions will be in sight. But if such funds are going to be thrown into the wicker basket of the so called government budget to fund their lifestyles and feed their pet white elephants then it is useless to the people.of this country. Accountability, prudence and wisdom will forever be the key to economic development. Nothing else works. |
nairalanda1:It is not a people centric budget. Stop saying 'your' budget. It is filled with costs 'they' approve for themselves through a legislature that works for 'them'. That is what we say. The nature of this democracy is not people centric. The people end their participation at the polls and everything after that is resisted and termed anti government at the least and seditious a lot of times. You cannot expect people not to complain about government's income and expenditure when they have little of no input and little to no benefit. Ad a classic example. Yesterday we saw pictures of a dreadful highway in the Edo/Delta axis. Now if the government is sensitive to acknowledge this and tie them to new taxes or tariff and is seen to move on these issues then people will not complain. But to raise taxes just to throw it into some opaque budget no one is monitoring for expenditure the public doesn't control will be resisted. To whom much is given much is expected and this government should realize that the more it strains the people the more they will ask questions. I don't know how we see government in this part of the world. They are not gods that are beyond question. Gods are not elected from amongst men. They are merely first amongst equals and they should answer to the people who send them there to represent them. In saner societies issues of taxation are bitterly debated by government and the people's representatives on the other hand. Government doesn't just collect money from the people without serious explanations as to how and why. |
Neighbour China will be the first to cancel out Putin and his army the moment they detect a nuclear strike You think they will sit by and watch their biggest business partner go down. And then watch their economy crash and with it political suicide. Forget about all these sabre rattling. It is mere circular posturing. No one can destroy the other and survive. |
mohbadliveson:Every public servant is criminally minded by association. The exceptions are a micro minority. But even those will not report sleeze flowing around them so it is about the same thing. |
BlackViper:You people. Una like wahala 24/7.... ![]() |
No need to arrest anyone. They will be back in a few months to submit their budget. Then we will see how that is possible without accountability. |
That is where your more revenue is going. That is where your more taxation will go. |
FarahAideed:Haven't you heard they've been toppling transmission towers and bombing communication infrastructure for years. What does it take them to step to the next level. The threat to the seat of power just yesterday is not a nursery rhyme. These fellows are growing real brass balls. |
Mali might be the first African country, first State to fall to the Jihadi Insurrection. Who knows where this plague will spread next. The continent should immediately sit up and start the formation of a serious pan-African bloc to tackle this menace before it gets out of hand. |
pyyxxaro:The only country in the world that cannot use the instrumentality of democracy to better itself and it's people's. Change government every four years, election after election costing billions over billions yet nothing about the country changes, useless exercises in futility the citizens indulge in. Must really suck to be a citizen of this country. |
That is the way it is supposed to be. Elections should be tough, competitive so that the outcome is solid preparation for governance. And it is the interest of the people that elections are competitive so that no one takes them for granted. But what do we have all over the place. A desire to whittle down competition, to erode the races of democracy so that even the invalid can win. And what is the result. Just take a look at what has become of the country today. |
Mr. Edun. Nigerians want jobs not tokens. Spend that money creating and reviving industries and industrial sectors. You're fanning the embers of a work averse people. In the future this seed you sow will germinate into a generation of entitled Nigerians, a generation of ultra dependent citizens. |
What is wrong with asking for ports in other regions take equal place to that of the West and Lagos area. Did he say the proposed investment should not not go ahead. |
naptu2:Add 'Dallas' to your list and a short while later 'Dynasty' in direct competition. |
crixlight2:No sir. That is not how democracy works. Democracy starts with the people's expectations, their agenda, what they wish to see of their country. Then they go get who can do the job of delivering their agenda. So it is not putting people in office and expecting them to reason out your unstated desires. That never happens. No one will employ you to do a job without a description. That is gambling. In democracy you have a task and you interview the candidates and based on their resumes and their work plan towards your objectives you employ or vote the best package. So.you know after elections and assumption to office exactly what you will get and exactly when you will.get it. We have been gambling since 1999 and the results, the condition of Nigeria today is proof that we don't know how to work democracy for the good of the country and the people. |
Yeah he played a political card back then at home just as he did abroad and both have backfired. Both have come across as sectional. Said it then, it was a mistake. That is why it is always good to support principles, ideologies rather than pander about individuals for or against. |
SonOfDSoil01:It is just the fate of geography that has triggered all that. Proximity to the coast and easier access to international trade. When you leave Lagos and start heading north either through Ogun, Oyo and onto Kwara or via Ondo to Kogi on the east so the wealth factor dissipates. Even within Lagos the bulk of the wealth is concentrated towards the Island, the Peninsular and clusters around the ports and the immediate surroundings. Even within Lagos wealth is not evenly distributed talk more across the entire southwest. If Nigeria is to prosper, to achieve the so called trillion dollar economy it has to invest in opening up the country to access both land and human capital that abound throughout. It has to create wealth centres all over to tap into their comparative advantages. |
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