₦airaland Forum

PulaPower:
There’s nothing like China invasion..

We brought them and gave them free access like we did with every other economic immigrants. There are 36 states in Nigeria incase you don’t like it..

Ordinarily will ignore this.

The only reference I made to any location was the syndrome observed in my time in Port Harcourt about the sub-cultural attitude of retailers on almost every street in almost every community which I don't find comfortable with.

The Chinese have been retailing in Nigeria since the 80's. Nigeria, Nigeria as a whole, from north to south and not only in your enclave so there is no need to feel threatened by my response.

I don't do tribe or language or geography. I always speak nationally because the economy of this country is firmly anchored to our political structure that lends.to a unitary system.

Unbundle that system and no one will care where you are or where you come from.

LadyExcellency:
That's for indigenous small-scale manufacturers. Critique from the angle of foreign invasion of Nigeria's economic structure.

That is what I am talking about.
If we cannot break that cycle we can never develop.
We need visionary leadership.
These things that are big industrial products today (to reply someone else) all started from small scale cottage industries.
The Chinese invasion is a wake up call and a challenge. It is a fork in the road and it is up to us to decide where to go from here.
Eat them up or eat ourselves up.

franchasng:
In economics and trade, we have what is called the supply chain management and model. This ensures healthy trading and balanced economy.

Who makes up the supply chain?

1.) Manufacturer

2.) Distributor(s)

3.) Wholesalers

4.) Retailers

5.) Consumers

The manufacturer sources for raw materials and converts it into finished goods that consumers need.

Distributors help manufacturers to distribute their finished products to the market through wholesalers.

Wholesalers help distributors to reach the market through retail traders.

Retail traders help the wholesalers to sell faster and conveniently to the final consumers. This is how trading supply chain is designed to function to ensure a balanced economy and society.

In order words, you cannot be the manufacturer and still be the retailers selling directly to final consumers, that is a trading deficiency or abnormality that starves off other vital people on the supply chain and can lead to collapse of the economy of a society, that is why it is not encouraged by any working society and the only person that can stop or correct this mistake is the government through adequate trade laws and market policies to ensure balanced and healthy economy of its society.

So if we are to be real and honest to ourselves, citizens of countries that manufacture and produce what another country consumes like the Chinese, are not supposed to be allowed to operate retail trading shops in the countries they export their finished products to, it's a simple economics designed to keep national and global economy and trade balanced.

That is why in our secondary school economics, we were taught about supply chain, which flows from the manufacturer to the distributors to the wholesalers to the retailers to the consumers. These are all vital people on the supply chain that must not be discarded or allowed to be starved off through unhealthy trading activities.

You cannot be the manufacturer and still be the retailer, that is a trading policy abuse, it will squeeze out the other vital people on the supply chain and cause a skewed economy that will affect the society by making one person super rich and the rest extremely poor and dependent but our people are seeing this only from the tribal angle without seeing the bigger issue.

Oga, let anyone who can manufacture and sell directly to the consumer do so.

I absolutely HATE rent seeking whether by this disease called 'CONTRACTING' within government circles or our concept of 'TRADING' or what I call 'PORTHARCOURTISM' where all of society is a middleman, and there is a shop in every compound, haba.

These are the elements that hinder us as a society from creating a value based economy of very, very few producers and an army of hangers on.

A man builds a house and a hundred agents want the portfolio and they attach themselves in series such that everyone has a so called 'cut'. We can't live like this.

We need direction, reorientation and visionary leadership to break this vicious cycle or we will never develop.

If you want sweet revenge against the Chinese, take their products, their offerings and reverse engineer them for better and cheaper, the way they themselves engineered their offering from products of other nations. We should visualize our exit from bottom of the food chain.

I just like the way the person of Mr. Peter Obi is being put through the wringer over the past couple of days. That is the way progressive politics is, the way it is practices in societies where it works for the benefit of the people.

You aspire and you records are opened to see what kind of personality you are regarding your integrity,.your thinking, your philosophies and your decision making.

So that the people, citizens, particularly the middle of the road, apolitical block can decide whether to risk investing in your mandate.

If they choose to they will be doing so well informed and braced for those shortcomings to emerge and possibly be amplified once he assumes power. But if they are put off they will have dodged the proverbial bullet.

We saw this elevated scrutiny starting with the. Buhari presidential bid. A lot of information came to the fore before the elections. Nigerians had all the data and decided to vote him in all the same. The consequences were clear to all and precisely in line with prior predictions.

Same has been with this government. It looked like a duck, quacked like a duck and it has emerged from the eggshells a fully formed duck, waddling in debts and overbearing taxation. We all knew this was th case and we know come the second term, if successful, debts will escalate even further and taxation will hit the roofs. We know this.

So if Mr. Obi is being stripped to the bones it is welcome as the natural process of democratic inquest that makes for informed decisions at the polls. It is up to the Nigerian to either ignore and accept or recoil and reject. Whatever we choose remember this....

ELECTIONS HAVE CONSEQUENCES'.

Just glad that the tiny, tiny kernel of ideological based politicking is slowly, slowly emerging as the hard shell of hype, hot air and associated hero worshipping is being stripped away BEFORE A CONSEQUENTIAL DECISON is made.

Personally from what I see here, it raises a few more questions about Mr. Obi.

bentenny:
Perfecting of the rigging machine😅😅

As long as the appointment of the national chairman of INEC is still under the control of the president,whose party happens to be part of the election, questions will always be asked about the independence of our electoral umpire.

Imagine manutd or arsenal having the power to appoint the president of the English FA referees?
They will definitely ensure they win the league and FA cup every season.

These are the issues worth fighting for. Not road and bridge. If the foundation is faulty the sky will never be the limit.

jmoore:
London and France are outside Abuja.

Hahahahahaha....

Yeah, watched this a long time ago. One of the film adaptations of Frederick Forsyth's iconic, grounded storytelling.

Didn't quite like the novel or the film adaptation (I preferred its predecessor, 'Wild Geese') but it was nonetheless a very poignant take on the darker parts of Africa and the terrible toll it took from post independence imperialism.

Jacobs was a legend no doubt.

blackmantis:
That is why I only drink bottled water if I travel. And if I can't get that Soft drink.

Then you face problem number two.... adulteration. There is a school of thought that says anything in a PET bottle is probably adulterated. I have walked away from plastics for a while now. I do glass wherever possible.

Carry your small thermos wherever you go if you can. Prepare your water at home. Then you are guaranteed absolute safety.

CodeTemplar:
Regulatory bodies in Nigeria are a joke.
From NUC to NAFDAC to CBN. Too many jokes .

They too are caught up in the economic struggle for survival so the means and the morale just isn't there to do their jobs properly.

They will probably accost her and discuss a negotiated solution.....if you understand what I mean.

No, that is not possible.
But the uncaring attitude of this government about the cost of energy has grave implications.

LordLicifer:
With Kidney and liver infections written all over it

You mean tea...how does tea cause kidney and llver infections, the number one consumed antioxidant in the world.....ask the Asians what contributes to their remarkable longevity.

Do like the cowboys of old.
Boil all your water and drink tea only.

This is classic HSE failure in action courtesy of a sick economy. Save yourselves.

Hassanmaye:
Will the Christians do the same to them? If it's the other time way round

Not too sure.

Not with the way some so called Christians are joyful and lustful over violence, particularly the violence going on in predominantly Muslim populated countries which I find completely at variance with what they should be as Scripture believing and obeying people.

You simply cannot relate both ideologies. You are either a peacemaker or not. I cannot say they will everytime iand n all circumstances.

tollyboy5:
the way Nigeria pastor preaches. I’m very sure they can’t do evangelism in Egypt because how will you tell the Egyptians to pray that God will deal with every Egyptians in their life lol

...Na figurative speak. Just as biblical temple is not a building anymore and spiritual Israel is not what is happening in the State of Israel today. Far from it.

Willy2025:
This is someone who was in the opposition before o. He has experienced dictatorship and abuse of people's rights and was once a victim of rights violations. Now that he has tasted power, he wants to become a dictator himself. Absolute power corrupts absolutely.

Like I said earlier.
The genesis is feudalism, hardwired into the African. A section of the people will have elevated him to god like status and literally bowed down to worship him.

His government will have been characterized by his will alone, his ways alone and excuses will have been made for him all through, no questions asked and no objections tolerated by him and his 'loyalists' no matter the shortcomings.

And certainly he will have divided his country along primordial lines into haves and have nots because feudal rule cannot accommodate equality and universal prosperity. Peons must be created to 'serve' the masters.

And you will soon see counter protests by 'his people' which as usual will push the country to anarchy and civil strife.

It is the way of Africa, the dark, dark, dark continent of never do wells, who never learn what is right and proper and can never, ever build sustainable, prosperous societies.

arantess:
every season EPL will try to outdo themselves on how poor their officiating can be attimes.

if you can punish the refs retrospectively, the result of the games in focus should be affected too and tables adjusted.

that should be the sensible thing to do

It is a universal soccer law that results that the decision of the referee is final. Results cannot be changed once the whistle is blown. It is not athletics or IOC business where medals are recalled long after competitions are ended.

As someone said, if you start down that lane how far back will you go. Wil you raise Diego Maradona from the dead to return his World cup medal for his 'Hand of god' hack in 86...amongst many, hundreds of past issues.

Sonnobax15:

EPL and their waYo cha

Imagine that uselexxxx history united who couldn't score break through the defence of a 10 man's man city team is the one crying wolf here , instead of them to bury their head in shame

United has not been the most vocal concerning this matter. The whole footballing world watched the incident being the top derby on planet soccer that weekend and were unanimous in condemning the travesty.

I think that is what brought a swifter attention by the ref committee and a more sombre response to the inquest. Arteta equally had beef concerning the pen awarded to Southampton but that had scant traction. It was beyond the Red Devils' ire.

maivd:
I just wonder what will be going through his children's mind when they see daddy kneeling before Gbaja.

'Mummy...mummy...come and see daddy on tv greeting grandad.....'

What else..

Na waoh.
This world is just emptying of quality.
What a loss.

A true legend of the big and smal screen.
Fortitude to his family, friends and all those that followed his works throughout an epic and memorable lifetime as a performing artist both home and abroad, at this final curtains call.

Wil be sorely missed.

The funny thing is your hear and read about people 'appealing' to government to do this and that.

How can you be 'appealing' to people you employ to serve you.

This is where you realise that democracy is just not working. The foundation is non existent for dividend based governance.

The first rule of any engagement for profit.
'DONOT HIRE WHO YOU CANNOT FIRE.

If your leaders/servants do not fear you, you CANNOT profit from their leadership.

And I say leaders/servants because the second rule is simple: LEADERSHIP IN A DEMOCRACY IS NOT KINGSHIP. A LEADER IS MERELY 'FIRST' AMONGST 'EQUALS'.

So donot beg, plead or appeal..,. DEMAND.

Kalulu44:
Everybody bashing the guy that says Taiwo's football career is dead and he's acquiring degree should take it easy.
Sometimes truth hurts.
Acquiring academic degrees while still playing is a good thing while planning for the future. But in truth, his football and performance now are nothing to write home about.
He's 29 now, almost over 10yrs in professional football. As a striker Taiwo can't boast of 100 goals in his career.
.
Good a thing he's followed his agent and mentor Seyi Olofinjana in bagging a degree. Alteast that will set him up in future. As for his football career, it's not even up to average talkless of average. He's just a there player.

Not every professional footballer will be a Messi or a Ronaldo just not every politician will be elected to Executive office, just as not every architect will design the Eiffel tower or every surgeon will perform a heart transplant.

The beauty of life is in variable shades and colours, mountains and valleys, big and small....they are successful in them all.

The failure is that which refuses to aspire, is adamant in his regression and....lives a life observing only extremities.

As long as you are an inch better the day you die than the day you were born and have done one single, simple thing to make the world a better place and put a smile on someone's face, you are worth it.

LordFriar:
Nawa o. This one balling career done finish. Na nonsense degree he dey acquire up and dan now.

Why does a CF need a degree?

What sporting degrees do those running your NFF have. What expertise do they bring to the table to enable them manage billions of naira allocated to them each year.

Perhaps they need degrees such as this. It is all about aspiration to perhaps continue in sports, transitioning after a career playing it to managing it.

Cyberterror:
The thing I like about this Oba of Benin is that once he issues a directive to his subjects, the indigenes of Bini kingdom, to vote for President Tinubu, they will comply to the last letter. And it is looking likely with his blessing of Jagaban's campaign

President Bola Ahmed Tinubu GCFR till 2031.

Sure, you like your feudalism.
You like kings and emperors and wished your Jagaban was king of Nigeria. So that everyone proclaims fealty.

But this is a democracy where everyone should act according to himself, his experiences, his own expectations from his independent mind. Things you guys find hard to understand and hard to accept here and abroad.

Imagine King Charles asking everyone not to change the Labour party leader at the next polls...what will happen to his throne....the authority and respect he has....

Will you as a foreigner looking at Britain from afar even accept that as rational.

emkz:
Wike is not power drunk. In politics, there is something called self-preservation. Was Rotimi Amaechi not in Rivers when Tinubu chose to work with Wike? If Wike supports Tinubu without protecting himself, what would Wike bargain with? The governors say they will not support any coalition that would jeopardize the re-election of Tinubu, whereas they are against the coalition because it threatens their own interests of controlling their local politics.

Every politician meets his waterloo at some point as they all become irrelevant at some point. Those who survive the longest are those who play the game the smartest.

Where are Tinubu's fellow governors in 1999?

They are back to their professions, vocations, businesses as it should be, as it is in decent societies where public office is for service not for building empires and becoming emperors.

Democracy works where there is mass participation across leadership in order to form and culture ideologies by which society is planted, nurtured and grown.

In African politics the same people hang around power for ages, even generations so the nation is cultured around their personalities and is made stagnant and weaker by their limitations.

Countries like Cameroun, Uganda are stagnant despite ultra long standing rule by a specific set of people, whereas countries in developed democracies where leaders rise, fall and leave, where they come and go experience constant rejuvenation, renewal, refreshment.

The nation learns from what works and what doesn't and makes constant positive adjustments. A body of water that has no outflow is bound to stink. Politicians will best serve this nation by serving and leaving.

We must rid ourselves of feudal rule to truly progress. Democracy should be about the people.

2-nil.
I really fear for this Spurs gaffer.
He is dusting the sandals for the trip to Golgotha.

TEYA:
You see I laugh when people like you who know nothing about an issue jump into a discourse to speak boldly. Seplat shares in 2016 was less than #400 (at some point it was as low as #150), in 2021 it was as low as #750, today it is #14,000 +. What gives you the confidence to make that statement?

Because it is a refinery.
Margins in refining are wafer thin. Too many things can and usually go awry.

The only way to get those lofty dreams is to find additional value through diversification. If the petrochemical and fertilizer plants remain integrated and not spun off into new, independent enterprises. If the exploration (not sure) license he has acquired turns out to be highly productive, then perhaps.

But if it is Dangote Refinery in all it's raw glory....hmmm, better wait and see.

I repeat. The socio-politics around the subsidy question remains a real threat to the business model as it is. If the oil market remains volatile and prices remain highly inflationary the government at some point will have to pay attention in ways and means that the new shareholders will find quite sweaty.

TenQ:
No sir!

What he has just said is that it is dangerous for the price of petrol to be lower than it is in Nigeria because even at the pump price we call expensive in Nigeria, prices are between 25-30% more expensive across the border


Meaning that if Nigeria should reduce their own pump price, the incentive to smuggle the fuel out of Nigeria across the border would increase tremendously and this would lead to scarcity in Nigeria (potentially higher cost).

So, artificially, they maintain a higher cost in Nigeria to sustain availability.

Then why can't he just make fuel available for everyone irrespective of where they are taking the product to. How does this affect the price.

It is not as if he was the only supplier of products to the economy. Remember we still import a lot...a lot of products at international market price remember....or is his fuel cheaper than imports?

The koko of the matter remains that since subsidy ended, it supposedly ended the fear of smuggling since it equalized the price across the border so how can there be scarcity when everyone in Africa has access to global oil at no additional cost to refiners, importers or government....or is there something they are not telling us....


ARE THEY STILL PAYING SUBSIDY....tok tru...

Toh, another story about the price increase.
This time blame it on the smugglers.

But...but...but ...but I thought this was one of the reasons floated by government for removing subsidy. Just like equalizing currency exchange rates to kill round tripping.

So if the price is lower in Nigeria does it mean someone is paying subsidy....or what...

This is the exact reason why some folks are overly skeptical about this subsidy thing government peddles all over the economy.

Today they say Band A electricity is free market, tomorrow they will say it is subsidized and tariffs have to rise again.

This opacity in the fiscal management of this country's economy is a serious thorn in the flesh of citizens.

Looks rather ridiculous when it cost about N200,000 then to build a three bedroom bungalow.

My mum aided the family doctor then to build his house, a five bedroom detached duplex from a Societe Generale loan of N500,000 complete with furnishing a bit earlier than that.

Rents in Nigeria have never reflected the true value of properties and land costs are just ridiculously overpriced.

HacheNoire:
Anything that will get oil prices to $300/barrel is welcomed.

Sure. And watch your fragile economy collapse and the citizens flood the streets to overthrow the government. All the security forces in Nigeria will not be able to contain the fallout.

meobizy:
I will never understand how these affect us when we produce our own oil.

Abi oh....