₦airaland Forum

AverageAnnie:
pigs are reared in a sty not pen Madam Toyin.

makydebbie:
I voted Tacha, the same energy I give to Frodd, I gave her double.

I don't regret.

Ahan. See how Tacha has given Nigeria something to talk about again. And someone said she no dey entertain, she's got you so worked up.

mrvitalis:
Atiku was never and option to beat buhari
Jonathan running again would have been a better choice

Tambuwal ,kwankwaso or even saraki would have easily beaten buhari

Atiku couldn't do it up north ...

aolawale025:
Nigeria will hurt more. You don't cut the nose to spite the face

hammerVJ:
I HAVE NO FAITH IN THE BLACK MAN



BLACK PEOPLE DONT HAVE SENSE.

ivolt:
And we will live happily after ever?

gabicon:
We need to be logical with our accretion, investment they say is a coward, the slightest perception of threat it shuts down. South Africans are not the only investors in Nigeria, we have other nationalities if we hostile take over SA business don't we think that other investors will get afraid for their investment? This will weaken investors confidence, nationalizing SA assets is out of the picture. That is not to say we can't impose sanctions on their goods and services like president Trump is doing to china.

Wallade:
All that the Nigerian government would have to do upon nationalization of those assets is:

For companies (Multichoice) unlisted on Nigerian Stock Exchange, government can commence the process to list them on Stock Exchange.

For those listed like StanbicIBTC and MTN Nigeria, government can simply sell the shares, at Forced Sale Value, of South African interests in those companies to the Nigerian public and majority shares to any interested Nigerian organization with sound management track record and technical expertise.

That will sustain the companies sound management and ease the transition. The proceeds of the sale of shares can be paid to the initial owners.

Josephobaz1985:
It isn't a good idea because Nigerians also have companies in SA. Dangote, chief Igbinedion, Gen ty Danjuma, and many Igbo businessmen have companies and franchises in SA . They will also seize those companies.

nextstep:
So that Nigerian government will simply proceed to ruin all of the companies it nationalizes, abi. Refer to Nigerian Airways, Ajaokuta Steel, NEPA, and NITEL for examples of how well the government ruins, er, runs industry, and see if it makes any sense.

A government cannot provide for its own people, so they leave seeking greener pastures, subject to insults, and now death. Now the same government want to chuck hand into companies that provide employment and benefits to Nigerians. Mtchew. Then after wasting oil money and stealing contracts for a decade or so, they will sell the assets to their cronies at bargain prices.

KekeNash:
you are just tiring, Nigeria Must Go! Hook us with those GhanaMustGo BAGS we want to use them.

chinchonglee:
South Africa and Nigeria re the case studies here..

Most of the companies infact all of them dont operate in south africa. Brother tell ur sef d truth if this deal btw Nigeria nd South Africa goes 2ru we have more to lose. The reason is simple, Nigeria has less/none Multinationals/ Businesses in their country.

KekeNash:
do we have miserable TV station like NTA in SA? NO! Your other sensible tv stations are privately owned, yours was the dead and buried Tstv!, am talking about NTA International my foot!

chinchonglee:
Pls name 15 multi-nationals Nigeria has.

Dnt mention banks cos our banks dnt operate in South Africa

KekeNash:
so you want Dstv to be like your stupid NTA? Lol! i watch it whenever i want a good laugh, stupidity everywhere.

Xisnin:
Nationalization can never be an option unless you are ready to become another Zimbabwe.
Leaving aside international reaction, neither the Nigerian government nor the crony it hands
the investment to can profitably run the businesses.



The bold is due to a sense of entitlement.

Since around 2017, many people can no longer use the Kaduna-Abuja expressway for business due to the fear of
kidnapping. Many have been kidnapped and killed even foreign construction workers.
Do you think the foreigners living in Kaduna should move for the nationalization of Nigeria's
asset in their country(if we have any)?

You cannot demand from another country what is not obtainable anywhere in the world
and cannot even guarantee themselves.
The country has one of the worst crime rates in the world, yet you think foreigners should
be immune from such.

I will repeat once again, the only reason country sign business contract is to make sure that
the governments involved play fair on agreed economic policies.

It doesn't mean the citizens suddenly belong to a special and protected class.
They are just like everybody else except that the government will not interfere
in their investment.

Xisnin:
If it is about protection from thieves, looters, and burglars, such agreement is meaningless.

The protection is about the actions of the government not its citizens.
If it were to be the case, anytime a foreigner is robbed, mogged or assaulted,
the other country's government should respond by harassing the offending countries citizens in revenge.

Don't find it funny that a nation that can't protect its own citizens will be asking for
protection from another country? The reality is that no country can promise the kind
of protection you are talking about.

There is no freedom from crime anywhere in the world if you don't like the security situation,
you move elsewhere to conduct your business.

I believe that Buhari and his ministers are not that dumb to pursue nationalization
being championed by a mob of economy illiterates.

KekeNash:
You can say whatever you want, scroll up and read loud where you say "You people are thieves, looters and haters". We are civilised we just don't want be provoked.

KekeNash:
is the only language Nigerian drug dealers understand.

Xisnin:
You seem to be confused as to the meaning of "protection" in business or trade contracts.
Only a fool will sign an agreement to protect what it can't.
Protection clause is binding on the government, not the criminal citizens.
The contract remains valid until the SA or Nigerian government unilaterally
interfere in each other's investment.

KekeNash:
Our government failed us long ago, mob justice seems to be working, you want something to be done, do it yourself.

chinchonglee:
U guys shuld stop confusing standard bank group to standard chartered.

1. Standard Bank Group re d financial investors from South Africa while Standard Chartered Bank is an English Bank from England.



2. Now back to the matter Nigeria doesnt av Enough Multinationals to start not to talk of the one South Africa will Nationalize. In dis deal, Nigeria is the loser.

ednut1:
has no correlation. The nigerian businesses here are mostly small ones by people with no papers self. So e no follow. A dangote would have agreement with SA not a chukwudi in soweto slums

chinchonglee:
How many multinationals re owned by Nigerians in South Africa

KekeNash:
what investments? Nigerians owns copy shops here, where they do their scamming work. They don't even pay tax, there are no Nigerian companies in SA.

JimohMomoh:
Good one, part of my suggestion in the other thread.

To those suggesting attacks on Shoprite, 99.5% of the workers there are Nigerians, the mall housing the supermarket is mostly owned by state govt or private Nigerian investors, there are also Nigerian shops inside the mall.
MTN Nigeria is now like a franchise, majority of shares are owned by wealthy Nigerians according to Nigeria Stock Exchange.
Nigerians also have a major stake in Multichoice the owners of DSTV. Workers in DSTV Nigeria are almost 100% Nigerians.

We will only hurt ourselves and relatives if we burn down these companies.
Nigerian Government needs to acts now diplomatically, sanctions should be placed on SouthAfrica, high powered delegation should be sent to SA to provide relief materials to Nigerians affected and meet with the Nigeria community over there.

WaywardSon:
His Russian gf has him roped around her finger it seems.
I hope he has good financial investments.

The way she's influencing his decisions is dangerous
One day she may leave him, She's an Oligarch's daughter so the kids would stay with her and he might be shut off. Or worse left broke