₦airaland Forum

BizBooks: No, nobody chose Stallion Group. Below is what was alleged to have happened:

However, some competitors alleged that an insider gave Stallion Group unfair
advantage over other local dealers by informing it of the policy before it was
made public. The competitors alleged that while deliberations were ongoing at
the Federal Executive Council on Oct. 2, the company rushed to open 382 million
dollars letters of credit.

According to the competitors, the letter of credits are to cover three years of
imports for 20,000 cars.

That date October 2 is very important because letters of credit opened on or
before October 2 attracts 20% duty while those opened after that date will
attract 70%. So Stallion Group was given that information at the exclusion
of everybody else before it was made public.

http://www.punchng.com/news/automotive-policy-senate-to-investigate-allegation-of-information-leakage/

Well,then if this's the case,then the culprits and stallion group should be punished.
But then you can't really accuse the FG of trying to favour a particular car dealer if someone working in a FG ministry decides to against the laws for his/her personal gains.
It's just like blaming the american NSA because edward snowden decided to betray them.

donphilopus: You know you so-called Uduaghan can't stand him!

uduaghan is a morøn.
I won't argue over that.
But then atleast,he does not support militants.

donphilopus: I never said he wasn't good! Kwankwaso is one of the best Governor in Nigeria presently!

A morøn, covert supporter of fundamentalists,and totally oblivious of Nigerian laws is your best governor?
No wonder your views are mind-boggling.

BizBooks: No, this particular policy was created to favour the rich. Why is it okay for rich
people like Stallion Group to keep importing cars at the old rate while the common
man like you and I can't? It did not say Stallion group will manufacture 20,000 cars
rather it said they will import 20,000 cars at the old rate. So we are not talking about
manufacturing here.

Stallion group was chosen for whatever reason to import a CERTAIN QUOTA of imported vehicles until 2015 so as to meet the local demands for now, until local production becomes sufficient for the entire market.
And i'm sure and hope they're going to be under strict govt surveillance.
You don't expect govt to throw the importing licence open,which would defeat the overall objective in the first place.

[quote author=ndu_chucks]The above is a buch of balderdash. The masses do not need to bear the burden of 100% increase in the price of a staple product such as rice within a year of a policy supposedly designed to favour the masses. So far only corporations owned by the cronies of the policy makers are benefiting from the policy. The government should have put appropriate measures in place to avoid this kind of drastic increase in price.

These policy makers are repeating the same mistake with this Auto policy. Mark my words, they will reverse the tariff increase within a year.[/quote]Nigerian rice is cheaper or at most, at the same price with the imported rice.
The only problem was that Nigerians chose the imported ones and abandoned the local rice.
What this policy is trying to achieve is to make the imported rice more expensive than the local rice so that Nigerians would then turn to the local rice.
So yes,increase in the price of imported rice is part of the overall objective.

BizBooks: My brother, this is not a question of objectivity. Did you read item 4 on my list above?
If not, read it and let me know what you think. Laws in Nigeria are made to favour the
super-rich.

Well this particular policy was created to reduce unemployment,and the diversification of the Nigerian economy by stimulating and supporting the manufacturing sector.

[quote author=ndu_chucks]In my opinion, these policies should primarily benefit the Nigerian people rather than corporations. I'd consider a policy failed, if the beneficiaries are corporations owned by cronies of the usual suspects. In case you do not know as at last year, a bag of good rice sold at N6,500 and N7,500. But because of the policy, a bag of rice now sells between N10,000 and N12,000. You cannot argue that the masses is benefiting from such a policy.

Don't get me wrong, I am in full support of any policy which will give significant incentives to automobile manufacturers - what is senseless is the abrupt increase in tariffs by 250%. It appears that government officials have learnt nothing from the rice policy.[/quote]The rice policy is still in its early stages.
It has not yet achieved its full desired results by a long shot, as it's still too premature to yield very significant progress.
You mentioned something about cooperations and not Nigerians benefiting.
That is absolutely wrong.
Are the coperations not employing Nigerians?
Are those cooperations not improving the GDP of the country?
Are those cooperations not retaining the funds in Nigeria that should have been wasted on foreign imports?
What stops you from starting your cooperation and benefit from this policy instead of wasting monies on foreign visas?
Many of these policies are created by to reduce unemployment which is what the cooperations are doing.

BizBooks: There is nothing wrong in making disclosures such as I have done. In fact in civilized
countries, it is a standard requirement to make such disclosures when discussing
matters that affect you even remotely.

At least you can tell from my disclosure where I stand. Would you rather have me
pretend that I am neutral?

I'm sorry for my initial outburst.
It still dosen't take away the fact that your objectivity on issues like this would be in question being a beneficiary of the old policy.
It's a normal human behaviour.

[quote author=ndu_chucks]Would you kindly explain to us the effect of last year's ban on importation of rice, so far? If you admit that the results we are seeing now is not what was expected, what would you have changed in the manner of the implementation of that policy.[/quote]The ban on rice has led to an increase in the local production,creation of more rice mills around the country(which i'm sure you must have been aware of), and more money for both the farmers and mills.
We're already on the path to self-sufficiency in rice.
What Nigerians should then do is to put pressure on govt to improve border security and control, so that the rewards of these policies would be maximally felt by Nigerians.
The huge amount spent on rice imports should be used on other things.

[quote author=ndu_chucks]It is wrong to say that the OP's views are jaundiced simply because he sells Tokunbo cars. Frankly there is no reason whatsoever to abruptly increase custom duties on import vehicles by 250% because we want to assist an automobile manufacturing industry which is in its infancy. The government can certainly support the industry with various incentives without putting thousands of people out of work abruptly - car dealers, dock workers, customs agents, and various hard working Nigerians.

We were told that customs services lost N700billion due to waivers on imports in 2013 alone, one would think that some of that money could be used to incentivize these automoble manufacturing companies to produce.

The result of this policy would be that, Tokunbo automobiles will continue to in through the republic of Benin, and the customs tariffs will be revised downwards once customs revenues start to fall dramatically.[/quote]Don't be naive.
If it were another country,i would agree with you.
Unfortunately,this's Nigeria with all its inferiority complexes,unpatriotism and an utter disdain and disregard for locally made products.
I can assure you that as long as there's a readily available foreign alternative, Nigerians would never patronize the local manufacturers.
So,just giving the local manufacturers incentives alone will not do much for them as long as their targeted markets has been completly taken over by toyota and co.
The only way we can truely grow indigenous autoindustry in NIGERIA is to go the hard way.

alaoeri: I doubt it if u read the report & comprehend, its during the last sallah period, he visited the prison & freed 20prisoners, asked those dealing with BH issues to speed up actions on the suspects.

I think it's you that need to read and understand the article.

donphilopus: Lol... He was still a PDP Governor as at time he made this statement! Besides, I don't see anything wrong in saying the terrorists should be charged to court or released.

A pdp governor?
I thought kwankawaso was now a progressive and even in the running for the best governor in 2013 according to you APC folks.
You can't tell me that kwankawaso was bad market all along and yet APC still wooed him.

"As Nigeria go,so too will west africa".
So i hope those other west-africans and even other africans(names witheld) that hates Nigerians, would do well to start praying for Nigeria,atleast for the well-being of their respective nations.

You sell tokunbo cars,so it's obvious why your views are jaundiced.

And yet some unpatriotic Nigerians still wants Nigeria to keep importing cars.

donphilopus: If you go through it, you would see where he said "they should either be charged to court, or be released".

That's nonsense.
There's a state of emergency in place which gives the military, rights to hold a suspected terrorist beyond 72 hours without charging him/her to court atleast until they've finished with their investigations or cross-examination or for the sake of national security.
Even america the so-called bastion of human rights have places like guantanamo where terrorists are cross-examined for as long as possible without charging them to court.
Your morønic governor is a terrorist.

I'm sure if these governors decamp to APC, they would automatically become the best thing to happen to their state.
Btw,this list is subjective.
Some governors that should be there were not listed.

Chai.
So naija prostitutes dey ghana.
Smh.
Anyway,Nigeria is already a haven for prostitutes from all over west africa,eastern-europe and china.
No big deal.

lol.
Funny thread.
I don't know why people keep bringing threads when its obvious the ghanians don't like it.
Btw,why would anyone want to go to ghana in the first place?.
You have more opportunities in Nigeria.

donphilopus: Did you bother to check the date??

The date does not invalidate the message,as long as the morønic governor has not renounced his earlier statements.

lol.
APC kind of progress.
Instead of the idiotts to face the message,they're attacking the messenger.

Obiagelli: op continue spreading lies, we are still waiting for the 101 schools he built in Niger Republic.

where's the lie?
Is that not a credible source,or is this the first time that a northern governor is asking for the release of BH members?

Obiagelli: wow, thanks for taking time out to respond, it quite enlightening. I hope the pro Gej are reading this.

You're still depending on nairaland to make your political inference instead of personally going there and feel the pulse of the masses.
Is it not the same kwara where PDP defeated APC in an election recently?
You must be a hard-headed illiterate.

I just hope that these kinds of thread are re-visited after the 2015 elections.
It would make a good laughing thread.

4 Play: A nation of savages with an army that adopts the tactics of savages.

There're always collateral damages.
You can ask the US army what that means.

Hahahaha.
Orlando owoh is a proof that some people can be proud morøns.

Segeggs: are you their spokesman?


you mean they'll vote in a corrupt man that spends 1billion naira on food, buys jet 4 himself and pastors, promised electricity and failed, ate subsidy money, shields corrupt ministers/politicians etc just cos he is christian?


You must think everyone is as stupi.d and dumb as you are.

Any attempt on my part to educate you would be a sheer waste of time and an insult on my person.
You're an unrepentant morøn.

gbanikiti: I totally agree with you on the bold. Don't be surprised 2015 election will be divided along ethnic and religious lines. A method PDP will introduce to get votes if they can't rig.

I'm sure PDP was the one that asked buhari to persuade muslims to vote for muslims.
What a clown.

Obiagelli: THIS THREAD IS TO GATHER FACTS.

Nairaland is not the place to gather facts.
The voting patterns here are most times different from reality.
Btw,the entire population of nairaland is not even enough to give accurate data.