₦airaland Forum

Just30:
best? maybe

but not as big as just only STC yard

in time of size , it is not even big as achimota lorry pack but it looks more modernized .

phineas:
Its their laws Nigerians should respect it.

Nigeria should also do the needful.We wont complain about ghanians doing petty trading.BUT

Nigerian markets are the major destination of multiple goods from Ghanian companies.Up to 90% in sone cases.These companies provide jobs to Ghanians at the expense of Nigerians.No one is crying wolf yet.

Time to revisit the ECOWAS charter

Not entirely true, Ghana does trading far more with cote devoire , Togo and Burkina Faso than Nigeria. most of the Ghana non traditional goods are included in the 41 banned list not permitted to enter Nigeria. and this had earlier go against ecowas charter that encourage regional trade.

Blue3k:
Why not amend the law or does hypocrisy suit the country better?

The law was first drawn by John Attah mills during his regime when Ghanaian trader complain of the influence of foreing traders in the Ghanaian market . it was not a well thought out law but a political motivated law just to win the interest of the electorate.The law will be abolished or amended that I can assure. Even if GUTA goes ahead to court to seek for the law enforcement , they shall not win.

AtikuNetwork:
I don't think this is connected to the border closure issue, though some Ghanaians may use that as yet another excuse to carry out this latest incident.

Ghanaian traders have been repeatedly taking this same action against Nigerians trading in their markets long before now. They claim they can't compete with the Nigerians whom have better access to funds to compete with them in their own markets.

it is not about better access to fund perse but economical benefit of cheaper goods in Nigeria coming thru in lower tariffs and cheaper price. Goods imported from China to Nigeria happens to be more cheaper than goods imported to Ghana from China because of Nigeria cheaper buisness enviroment. There will always be a kick back against this by the locals, I urge my country goverment to work on reducing the cost of operating in Ghana and things will become better and much competitive

Blue3k:
It's always dumb to have laws on book you have no plans on enforcing. Lol it's a good thing they're not smart enough to make this a political issue. GUTA would either lobby government to enforce rules or sway public opinion against the current crop of politicians in 2020 elections.

I am actually against the law in whatever form. it can never be materialized for a nation that is trying to champion itself as the star of Africa, A country that recently won the seat of AFCTA. it is constitutional law Ghana goverment will not enforced. this I am very sure .

There are other ways to target foreing traders, i am looking at reciprocation agreement between nations involved .

Iriruaga100:
You don't use logic in economics, rather we use [b]quantitative, qualitative and mathematical [/b]approach to solve mans problem. This is not philosophy and other social science related issues... Importation is harmful to the local economy when it exceed total export. In this case rice importation does more harm to our local manufacturers..

All this fundamentals you made mention above are simply an art of logic. mathematics itself is rooted in logic . Once you separate logic out of any economic discipline, you are discussing pseudo economics. read up


https://en.wikipedia.org/wiki/Preference_(economics)



The essence of importation is to create economic opportunities, it only become harmful to economy when the potential is not properly annexed ..... America balance of trade suggest import exceed export . and yet it has the most attractive economy, depending on your production and industrialization capacity, Your demand for importation may exceed exportation. as regards to Nigeria, the demand of consumption far exceed production and logics determine it should be augmented.

The idealogy that a country should embark and promote exports and discourage imports fall back to an old and flawed economic policy called ""Mercantilism"", which was in vogue before Smith wrote ""Wealth of Nations" To put Smith view simply, a country does not become wealthy by promoting exports and discouraging imports, but through productivity.

One of the new established factory in Ghana....

local rice Miller

Volta region......

justtoodark:
tahh....look how he dey avoid me....
am like terror to them....

okay,because i respect you,i will let him go....for now....

I do avoid you like plague. you have proven to be poor mentally by your comment over here on nairaland. is it from the way you type or composed your sentence . even your sense of reasoning is something I feel very ashamed on your behalf to read . very abnormal . why should I engage a lunatic anyway. have a wonderful madness night .

Area4Area:
I have same feeling because he's getting more and more emotional and can't spell right anymore, I think I should free him for now to get over himself.

I think I just become more interested in you anyway. but have this as a message. your mother will be my next target anytime from now. the moment you mention me unnecessarily.

Area4Area:
Anyone who understands should please explain what he's trying to say.

Maybe you mom will do the explanation.

Area4Area:
Lol, stop crying already.
Just stop dissing Nigeria and I'd free you

So what if i don't, you will involved your mom right ?

Area4Area:
Lol, kids would always be kids.
Is that all about the daring me?

Lets go ahead; since your mother failed to trained you to mind your own buisness and you think you can do it by becoming a pest. I will do it by sending a message to your daft mother who failed on its upbringing.....i have warn you many times to stop spamming me. are you that sick ?

Area4Area:
Take a look at your spellings because I couldn't get the head nor tail of what you wrote, did you just say my parents? Lol, kids would be kids

so your parent actually read the meaning, so why are your foolishly asking me to check on my spellings, is your mother on spelling bee

Area4Area:
Take a look at your spellings because I couldn't get the head nor tail of what you wrote

I just called. your mother a brutish there and your father a nuisance. I hope you will get the spelling this time .

Area4Area:
I dare you bro, you've always dared and threatened 201 million Nigerians since the border closure so no news. I double dare you to do your worse until you stop bad mouthing Nigeria and your beggarly ministers had left Abuja

Since you really want to be stupid and end up been a nuisance, i will compound your problem. I have warn you to stop spamming me . you this brutish ...what is your headache , express your veiw and get away without mentioning me , is that not impossible for you. is it until i involved your parent into this mess .

Area4Area:
E pain am, mention Nigeria next time

what is your problem? I can made you hate yourself. you will only end up reporting me.

Area4Area:
Hope all your already frustrated and beggarly ministers are out of Abuja as I type? Begging Nigeria to accept your goods isn't enough, we call the shots.

what is your problem You this anonymous , stop disturbing me . I am not engaging you . is it by force.


enjoy your childish elsewhere....

Iriruaga100:
Do you use logic in economics? What did you read in school?? Basic economics tells you over reliance on importation hinders economic growth. Why is Trump exploring oil at Alaska field now? Since Trump assumed office America has increased her production capacity.

I will start by saying that all academic disciplines, and certainly social sciences, are in fact based on the principles of logic. The scientific method itself is essentially a chain of logical statements that allow one to deduce “truth” when faced with a question. economics principle were majorly founded on logics .


Basic logics tells that importation itself is not harmful for an economy that takes competitive advantage . just for the second quater , Saudi Arabia export about 6 hundered thousand of oil to USA.


https://www.eia.gov/opendata/qb.php?category=1039874&sdid=STEO.COPR_SA.M

Iriruaga100:
Principles of economic growth and development demands that you increase production capacity to meet current market demand... That is why China and other Asian tigers are making tremendous progress..

logics and common sense says it is not economical to increase production when there is high running cost and aim to have control price .


This is the primary reason america will prefer to import oil than increase its production . his refineries are designed for heavy crude and most of what usa produce now is light sweet crude via fracking. so common sense demand that oil most be imported to augment the existing capacity.

Iamgrey5:
Going around in circles yet again..


I am tired of this merry go round

It's quite obvious from your screen shot report that America is not importing more crude like you suggested. It is down sizing

The reality is America is importing oils and has shifted away from Nigeria. so simple, America import and export oils. that is what my screenshot validate . you augment what is not enough or what is more cheaper to import than to produce.

This is why there was a sudden drop in the global price of crude oil as America in 2014 as demand out ways supply.

Then you should ask yourself why fuel is still expensive if oil drops in 2014? it isn't about demand and supply. refinerning oil is expensive and it has hard time making profit from what you don't produce because it is difficult to pass the expense on the customers. you can only benefit unless you own the oil. this is the reason Saudi Arabia was still making a huge profit during the drop of price. and american as well making huge cash from the oil refined. America consumption has always outweigh production. the largest consumer of oil in the world. So when the oil is cheap they try to make make up some financial reserves and also spend money on maintenance and upgrades. Additionally the oil companies are not in business to make any consumer happy but in business to extract as much as they can.

Secondly, Nigeria cannot annex Benin republic because Benin republic is a sovereign state and they have a constitution which establish their country just like Nigeria or Ghana. Hence, Nigeria needs to formulate economic policies that would benefit her citizens not Benin republic.

Annexing benin or Niger does not mean Nigeria is taking over its sovereignty, it is typical about reciprocation in trade.the granting of mutual concessions in tariff rates, quotas, or other commercial restrictions. is what i am taking about . Annexing in this case implies that Nigeria can establish commercial treaties between both benin and Niger and having a bigger economy above the neighbouring nations implies that Nigeria tends to benefit more just like how Germany annexed Luxemburg or USA annexed Canada .

This is very much unlike the issue of Hong Kong that was never a sovereign state but a vessel state of England which she uses to trade with China until China was powerful enough annex it back.

Saying Nigeria should annex Benin is like suggesting China should annex Korea or Vietnam or Laos, Or saying Ghana should annex Togo.

This is it untrue , bilateral trade does not equate to imposing on sovereignty but enjoy a mutual benefit base on each other competitive advantage . Switzerland a non EU memeber had establish a diplomatic tie with EU. while both currently run a single market without breaking barrier.

And no, Benin republic deliberately positioned her economy to undermine Nigeria and exploit the weaknesses in our economy by serving as a safe haven to smugglers. Hence, making the interest of her population the focal point of her economic policy.

Benin is a sovereign state and it is not in any way sensible for Nigeria to dictate for a sovering nation but rather enter into trade agreement . if benin republic decided to aid smuggling, why can't Nigeria police its border . simple brain here says Nigeria needs a trade agreement between her and benin and if not she will never be successful . and I suspect this smuggling may take another dimension if the goverment think physically locking the border is the only option .

Finally, I know what it takes to equip Nigerians but it might not happen in next decade because of the lack of resources and institutional corruption. Hence[b], I don't think using employment opportunities in the Agricultural industry to fight poverty which in itself breeds corruption is an entirely a bad idea. [/b]

Maybe you need to understand your own statement.

Iamgrey5:
Pathetic Slowpoke !

You are simply rambling without addressing any of the points and you are busy talking about intelligence?

You said that the data for 2019 is not ready yet, while I pointed to fact that quaterly reports for 2019 should be out and rather than admit to the fact that you are indeed wrong, you decided to do a 360.

You said Americans would be importing more but nothing in your article elluded to that fact.

In fact, if anything at all, you did justice to the fact that America now export crude like I mentioned which buttress my point that Nigeria shouldn't continue to import what we can readily produce especially when we really the employment opportunities.

@ Honk kong

How on earth do you then compare Nigeria with a country or city state whose economy is simply based on the ability to harness the opportunities of being in close proximity to a World power?

What are your sick bases for comparing Nigeria with Honk Kong?

Equiping our country cannot be done overnight, we still need to exist before we can achieve the level of development that is needed to rival world powers.

So till then, agricultural industry remains the industry to provide opportunities for Nigerians.

sound very porous as usual .....

A given overall report of 2018 calender year was forwarded to you and you are expecting me to post first quater or second quater of 2019 which is absolutely out of logic . does a quater year of 2019 represent the overall year of 2019 according to you? what a nuisance. I expect you to intelligently ask for the same overall periodical year of 2019 so as to juxtapose. what prove will quater of 2019 do against an overall periodical year of 2018. it seems common sense is far from you...

none of my report says America will be importing more, it only shows you are reading my post like a porous reader, i said America has shifted its import away from nigeria to Saudi Arabia and i did it by posting a report validating it. if there is any issue here, it will be with your porous thinking , An inability to comprehend. how does diverting to Saudi Arabia become importing more. you stubbornly disagree with me that America is importing oil ftom saudi arabia not until i tell you, you aren't smart with current trending ....

on the Hong Kong
what a nuisance , what is wrong in annexing benin republic and the rest of neighbouring country as the next 37 states, since they have an efficient and equip port system , what is wrong in turning their hub as transit hub to augment apapa poor harbour fercility, what is wrong if Nigeria goods finds their way to other west africa using this port and the rest . why not open trade with them , they are far less than 50 million in population. can't Nigeria uses its ballon economy to match up their market . Hong Kong is part of China economy focus. this sound very like what Nigeria can easily do to benin by trade. Learning from a country with better practice has proven to be efficient practice all over the world . a whole China develop his automobile technology using Germany model while America focus highly on the efficient brain of small isreal technocrat to developed its IT based. Nigeria had once learn from Ghana successful health care practice., tell me what is wrong in learning from a successful nation?


Equipping Nigeria is simply by educating and improving the living standard of people by focusing on life changing effect which are infrastructure and skills empowerment. economy condition cannot be physically address but tactically developed.

Ghana has lectured Nigeria on electricity connection finnally.

Area4Area:
Beggarly Ghanaians everywhere, from your president, ministers to the man on the street, I was a little bit happy yesterday when I thought your nightmare was ending in January and not knowing there's there's no end in sight for now.
Beggarly Ghanaians littering Abuja like homeless destitutes

Stop spamming me again...

Area4Area:
Stop mentioning Nigeria and who cares to know who or what you are

Stop spamming me.

Iamgrey5:
Bruv I have resisted several attempts to insult your intelligence or question your robot like response, but I don't know how else I could be civil on this argument.

First of all, you must be slow not to know that there are quaterly reports in every industry before a comprehensive yearly report is released.

In addition, you were arguing based on the premise that America is importing more of Saudi Arabia's oil when reverse is actually the case as America have joined the largest producers of crude in the world oil this year.

Or where is it stated in your report that America would import more from Saudi Arabia..

Regarding your comparisons of Nigeria with Hongkong.

Are that daft not to realize that the activities in the port of Hongkong is as a result of trade with mainland China.

How on earth do you want Nigeria without any production capacity to control such trade volumes or without the adequate skills and infrastructure to emulate Hong kong

Or should Nigerians simply seize to exist before we are able to invest in the type of infrastructure or get the technical knowledge needed to become a Hong Kong?

Because you are making it seem like Nigeria already have financial means to improve the infrastructure in a day?

Pathetic!

Honestly, i should be the one who should be insulting you right away, you demonstrate porous inteligence on the subject.


Don't you see the report is a total tabulation of all the periodic calender and not base on quarters, what an insane inteligence is this ? The report only demonsrate the oil trade America made either thru exporting or importing and list the names of country that does the dealing . that is what I am expecting you to read. none of my contribution here tell you America will be importing more, my report is about telling you the country that has replaced the volume of oil trade America does with Nigeria, I made mention of Saudi Arabia as the big oil exporter of oil to America and which the report support .


Whatever activities happen in Hong Kong shoudnt be your headache, if you aren't ignorant yourself , you will have realised I made mention of Hong Kong as a transit hub, do you foolishly blind your eyes reading that? and I ask again what is wrong in dealing with country that does it better than you? Be very sensible here.


so you are now blindly talking about skills now when I made mention that should be Nigeria target not old agriculture practice like the days of Moses or following impractical model that is obsolete in 21st century . where do you chip in your head when I made this comment .


A pragmatic country equip its citizenry with skills first before pushing ahead to be self independent . you can't developd with illiterate and unskilled individual labour force particularly when 10 million children are out of school that is poverty of the mind.

Area4Area:
Go and lecture your GUTTER, ministers and president begging all around, land borders remain shut for now.
Report to the UN, US, EU, UK etc and we are waiting for them all

stop mentioning me like a pest... can I have free space .

Iamgrey5:
You are not serious we are in 2019 and where in your article is it stated that America would wants to scale up imports from Saudi Arabia?


Hongkong is a small city state in china that relies on mainland china for its economic development and stability.

How can you compare Hong Kong to Nigeria

Compare Nigeria to China that closed its borders for nearly 40 years.

Do you want to make a remark or demonsrate inteligence on the subject. You should know report are made annually , this is 2019 with about 56 more days to go into extinction, the available report will be for 2018 periodic year and that of 2019 will be tabulated somewhere next year. that is how annual report are table ....



You haven't demonstrate like someone who knows what he is saying, Hong Kong port and land border is practically more busy in goods exchange than over populated nigeria . what is wrong in learning from the country that does the job better than you? Hong Kong is a tramsit hub tonso many asia country .


for you to even compare China with Nigeria show you don't know what you are saying like the custom general? anyway go and learn , you didn't demonsrate inteligence .

Iamgrey5:
Like I said earlier, you are basically lying about America increasing its crude oil from Saudi Arabia.

How can America hope to leave its energy security in the hands of Saudi Arabia when it wants to become a major exporter of crude oil at the same time.


@ Nigeria

Are you suggesting we wish Nigeria problems away in the meantime while we continue to depend on smugglers for cheap products until we can fix all our infrastructure?

nah , what Nigerians need is to copy from the the best practise in the world , Hong Kong is a good country Nigeria can copy , goods are profile and exporter are documented to separate shaft from beans . empowering customs with logistics and the use of modern technology can go a long way to stop smuggling . no nations in the world close border with its neighbour when she is not in wars with them or she is preventing a communicable diseases like Ebola and the rest.


I am seriously dissapointed in you? so you can't even make a little research on your own to validate or invalidate my response regarding America stands on oil . Anyway I shall be providing screenshot of. my proof about America current oil importation/ exportation and the names of the countries that does the dealing .

meccuno:
You explain why it is economically not sensible to close the borders they call you are smuggler. As one individual said no matter the quantity you produce, you still have to augment. People talk about jobs from agriculture. Please what kind of jobs? Must everybody go to the farm? As another individual said,what we need is employment of a skilled work force. How do people actually think that we can survive or compete when running agriculture like in the days of okonkwo of things fall apart? You need a skilled work force to even go into agriculture not a bunch of iliterate farmers who do not know what it takes to produce in a massive scale. By the way, how did we end up having a discussion on rice as boosting the economy? Nigeria is going down.

i am happy someone is making sense.

Iamgrey5:
Bruv we can not start manufacturing sophisticated machines when we don't even have the capacity to manufacture simple machines.

We need to find employment for 100 million teeming youth, hence we need to rely on agricultural industry for that..

Actually got are actually wrong about the information about America because it's actually planning to become a major exporter crude oil in the near future.

You don't need to get involved in high tech capacity before becoming industrious, the basic infrastructure should first be improved.Access to electricity, Good water supply and logistics channel are what lead to industrialized enviroment. Without this, the basic effort are meaningless. Engaging the teeming youth should be by providing them with skillable profession , A skilful youth can turn entrepreneur on its own but the effect of it work must come from the existing infrastructure that has been piloted by the goverment..

America had increase its export capacity from Saudi Arabia, this is fact . and despite America aim of becoming a net exporter of oil , it will not not stop it from importing oil. sicne oil is of diffrent varieties . America refinery process heavy oil while most of the sweet oil comes from Nigeria, Angola and recently Ghana. this are oil which cost very little to process since they contain very minimal amount of sulphur

America being an exporter doesn't stop it from being an importer. it is just how China still import Germany car despite being an automobile hub itself. You have to understand comparative advantage and how it works.

efighter:
Mr Economist, the border remain closed. Go and find another job beside smuggling.

Anyway Mr anonymous, I am not a smuggler and neither am I direct beneficial but by faith, I know many Nigerians whose lively hood of income are largely depended on this and have also employed Nigerians thru this chain of cross border business legally . the policy now is frustrating this buisness.

Iriruaga100:
These are some of the key features that will enhance trade within the subregion... Trading within the region doesn't mean you import what is locally produced in the same region.

Once your consumption rate exceed production, logic demands you import to augment existing capacity.