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Closing the border is never a solution to Nigeria economic predicament .. - Politics (2) - Nairaland

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Re: Closing the border is never a solution to Nigeria economic predicament .. by Area4Area: 4:10pm On Nov 04, 2019
vaxx2 is Ghanaian who hates Nigeria and Nigerians and has been crying and begging for a reopening of the border, pay him no attention.

2 Likes

Re: Closing the border is never a solution to Nigeria economic predicament .. by Area4Area: 4:11pm On Nov 04, 2019
vaxx2:
copied form IMAN and edited by vaxx2.
Give us the original link and not your edited
Re: Closing the border is never a solution to Nigeria economic predicament .. by vaxx2: 4:16pm On Nov 04, 2019
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 .
Re: Closing the border is never a solution to Nigeria economic predicament .. by Area4Area: 4:17pm On Nov 04, 2019
vaxx2:
Then this achievement cannot be established by closing the border. Distribution channel contribute about. 50 percent of Nigeria GDP. no buisness or organization can established thru out the 700 local goverment therefore it make sense for people to act as distributor for product. to get to their final consumer. Nigeria at the moment is not producing enough due to poor infrastructure and worrisome bureaucracy. what do you think will be. the next alternative.
Cry cry Ghanaians always praying begging for Nigeria to reopen her borders, teach your GUTTER and government to improve your economy to a level that per capita GDP would be above that of the US and UK.
You'll just die of high BP if you're not careful and always praying, begging and crying for a reopening of the border.

2 Likes

Re: Closing the border is never a solution to Nigeria economic predicament .. by Area4Area: 4:19pm On Nov 04, 2019
Blue3k:
You don't need to argue with the zealots. The NBS stats already proved Buhari's polices didnt work in 1st term. NBS wrote they will release unemployment stats in December we'll see any positive change accrues.

Nigeria's nigger issue is productivity and policy. If you want to do tariff make them reasonable. Border security is good but you have to address the other factors.

We won't still open our borders to you ingrates, cry and beg till eternity. Tell your GUTTER to do its worst.

2 Likes

Re: Closing the border is never a solution to Nigeria economic predicament .. by Area4Area: 4:22pm On Nov 04, 2019
vaxx2:
Pakistan, Brazil and Indonesia All have basic infrastructure that it's fuelling their economy.. for Nigeria to shoulder up with this above nation, then it should developed its basic infrastructure first . and along the line , all this aforementioned country practice what is called comparative advantage. they import what is not enough or augment their production just to maintain above capacity . it is common to see America importing oil despite having it huge and in abundance and it is also common to see China importing rice despite having a large capacity to feed itself. comparative advantage has proven to be the efficient system of economy and whenever consumption exceed production , simple logics determine, more should be imported to augment the existing capacity.

Nigeria should be talking about industrialization now not agriculture. an industrialized enviroment will automatically improved mechanized farming.
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

2 Likes

Re: Closing the border is never a solution to Nigeria economic predicament .. by Blue3k(m): 4:24pm On Nov 04, 2019
Area4Area:
We won't still open our borders to you ingrates, cry and beg till eternity. Tell your GUTTER to do its worst.

Lol you're rambling nonsense because dont have counter argument. You're an emotional weido. I look forward to your mumu replies they're always good for a good laugh.
Re: Closing the border is never a solution to Nigeria economic predicament .. by Area4Area: 4:26pm On Nov 04, 2019
MUMUdom:

so why don't you just close all your land borders, seaports and airports. nothing comes in, nothing goes out. just like north korea. that will be great for nigeria,huh? and you don't need to sign international treaties that requires you to open your borders to international trade. by the way, has nigeria stopped importation?

Look at this one trying to dictate to Nigeria on what to do, I'm happy that your mouthy Ghana has been finally humbled by a mere border closure.

Cry cry Ghanaians everywhere from president to the man on the street.
Re: Closing the border is never a solution to Nigeria economic predicament .. by vaxx2: 4:28pm On Nov 04, 2019
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 .
Re: Closing the border is never a solution to Nigeria economic predicament .. by Area4Area: 4:32pm On Nov 04, 2019
MUMUdom:
And who told you that the goods being exported to nigeria from ghana were not made in ghana? try and be honest. nigeria signed ecowas trade liberalisation agreements and even africa trade agreement and then turned around to break those same laws. nigerian just signed the africa trade agreement and then few weeks later turned around to close its borders. what kind of nonsense is that? why not close you borders, seaports and airports entirely?

by the way, is nigeria not importing rice? has nigerian banned rice imports? are you saying rice is not being smuggled into your country through the seaports and airports?

now that they have closed the borders, tell me one policy the governmnet has introduced to stop imports. it is obvious this whole nonsense is targetted at west african neighbours. but nigeria will pay a big price for this insolence. i know what I am talking.about. nigeria is not an island, and nigeria today is very very vulnerable.

Who cares about your silly ECOWAS or whatever, tell ECOWAS including Ghana to square up and go to hell, no more associating with leeches

2 Likes

Re: Closing the border is never a solution to Nigeria economic predicament .. by Iamgrey5(m): 4:33pm On Nov 04, 2019
vaxx2:
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 see what 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 than over populated nigeria . what is wrong in learning from the country that does the job better than you?


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 .
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 not 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!

2 Likes

Re: Closing the border is never a solution to Nigeria economic predicament .. by Area4Area: 4:35pm On Nov 04, 2019
vaxx2:
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 .
Leave this overpopulated Nigeria and stop the begging and crying is what Nigerians are now begging you to do.
Beggarly ministers in Abuja like homeless destitutes.
Re: Closing the border is never a solution to Nigeria economic predicament .. by Area4Area: 4:41pm On Nov 04, 2019
Blue3k:


Lol you're rambling nonsense because dont have counter argument. You're an emotional weido. I look forward to your mumu replies they're always good for a good laugh.
I was shouting " praise the Lord " for you guys when I read that the border would be opened by January and only to later read that the news was false, you guys ain't seen anything yet.
Bunch of begging Ghanaians littering Abuja upandan. The beggarly short president is also involved in the begging business
Re: Closing the border is never a solution to Nigeria economic predicament .. by Area4Area: 4:42pm On Nov 04, 2019
vaxx2:
stop mentioning me like a pest... can I have free space .
Stop mentioning Nigeria and who cares to know who or what you are

2 Likes

Re: Closing the border is never a solution to Nigeria economic predicament .. by Blue3k(m): 4:47pm On Nov 04, 2019
Area4Area:
I was shouting " praise the Lord " for you guys when I read that the border would be opened by January and only to later read that the news was false, you guys ain't seen anything yet.
Bunch of begging Ghanaians littering Abuja upandan. The beggarly short president is also involved in the begging business

Lol you're bragging about rising unemployment, rising food, slow growth, harming businesses? Good job continue your mumu comedy.

1 Like

Re: Closing the border is never a solution to Nigeria economic predicament .. by vaxx2: 4:50pm On Nov 04, 2019
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.
Re: Closing the border is never a solution to Nigeria economic predicament .. by Area4Area: 4:50pm On Nov 04, 2019
Blue3k:


Lol you're bragging about rising unemployment, rising food, slow growth, harming businesses? Good job continue your mumu comedy.
Our business and not yours or is it?
Continue crying and begging like your homeless ministers in Abuja begging anyone they can talk to.
Beggarly Ghanaians everywhere
Re: Closing the border is never a solution to Nigeria economic predicament .. by vaxx2: 4:53pm On Nov 04, 2019
Area4Area:
Stop mentioning Nigeria and who cares to know who or what you are
Stop spamming me.
Re: Closing the border is never a solution to Nigeria economic predicament .. by Area4Area: 4:56pm On Nov 04, 2019
vaxx2:
Stop spamming me.
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
Re: Closing the border is never a solution to Nigeria economic predicament .. by vaxx2: 4:56pm On Nov 04, 2019
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...
Re: Closing the border is never a solution to Nigeria economic predicament .. by Blue3k(m): 4:58pm On Nov 04, 2019
Area4Area:
Our business and not yours or is it?
Continue crying and begging like your homeless ministers in Abuja begging anyone they can talk to.
Beggarly Ghanaians everywhere

I'm laughing at you because its your economy you're hurting. You cant explain why you bragging about hurting your economy. It's only empty boast you're good for like most delusional clowns. Please continue your mumu comedy I know you have more material.

1 Like

Re: Closing the border is never a solution to Nigeria economic predicament .. by Iamgrey5(m): 5:14pm On Nov 04, 2019
vaxx2:
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 developd with illiterate and unskilled individual labour force.


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.
Re: Closing the border is never a solution to Nigeria economic predicament .. by Area4Area: 5:15pm On Nov 04, 2019
Blue3k:


I'm laughing at you because its your economy you're hurting. You cant explain why you bragging about hurting your economy. It's only empty boast you're good for like most delusional clowns. Please continue your mumu comedy I know you have more material.

Allow us to hurt our economy in peace, is it your economy?
We are happy hurting it and stop begging and crying for us, be more concerned of your "blossoming" economy with the highest GDP per capita in the world and zero unemployment.

Imagine someone crying more than the bereaved
Re: Closing the border is never a solution to Nigeria economic predicament .. by vaxx2: 5:52pm On Nov 04, 2019
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.
Re: Closing the border is never a solution to Nigeria economic predicament .. by Blue3k(m): 6:12pm On Nov 04, 2019
Area4Area:
Allow us to hurt our economy in peace, is it your economy?
We are happy hurting it and stop begging and crying for us, be more concerned of your "blossoming" economy with the highest GDP per capita in the world and zero unemployment.

Imagine someone crying more than the bereaved

Lol attention LovePeddler nobody called you to the thread. You're the one crying because everyone pointed out how dumb your policy is. We know you enjoy poverty and foolishness hence why you always express it in words and deed.

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Re: Closing the border is never a solution to Nigeria economic predicament .. by Iamgrey5(m): 6:15pm On Nov 04, 2019
vaxx2:
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 . doea 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 t 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 porous thinking , an inability to comprehend. how does diverting to Saudi Arabia become importing more. you stubbornly disagree wirh America importing oil 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 thier 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 to developed its IT based. Nigeria had once learn Ghana successful health care practice. now , 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.


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

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

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

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.

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.



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, 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.
Re: Closing the border is never a solution to Nigeria economic predicament .. by JonDon12: 6:35pm On Nov 04, 2019
Iamgrey5:


It's going to limit smuggling and encourage local production

Nigerians don't need cheap goods, Nigerians need jobs and employment opportunities.

Wow. Nigerians don't need cheap goods. If Goods are expensive, then people will have no money to buy locally produced goods and then how can companies hire people.

The price of Both Foreign rice and locally produced rice has both risen, so that leaves less money to spend on other things, How is local production going to increase when people spend all their money on food.

So Please Teacher Dont Me Nonsense.

The problem with Nigeria is not the Border.

It is

1. Tribalism
2. Corruption
3. Insecurity
4.Mismanagemet
5.Education
6. Religion
7. Lack of Infrastructure
8. Stupidity
9 E.t.C

Closing the Border will do nothing to help Nigeria until these problems are solved.
Re: Closing the border is never a solution to Nigeria economic predicament .. by Iriruaga100(m): 8:31pm On Nov 04, 2019
vaxx2:
Once your consumption rate exceed production, logic demands you import to augment existing capacity.

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..
Re: Closing the border is never a solution to Nigeria economic predicament .. by vaxx2: 8:41pm On Nov 04, 2019
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.
Re: Closing the border is never a solution to Nigeria economic predicament .. by Iriruaga100(m): 8:50pm On Nov 04, 2019
MUMUdom:
And who told you that the goods being exported to nigeria from ghana were not made in ghana? try and be honest. nigeria signed ecowas trade liberalisation agreements and even africa trade agreement and then turned around to break those same laws. nigerian just signed the africa trade agreement and then few weeks later turned around to close its borders. what kind of nonsense is that? why not close you borders, seaports and airports entirely?

by the way, is nigeria not importing rice? has nigerian banned rice imports? are you saying rice is not being smuggled into your country through the seaports and airports?

now that they have closed the borders, tell me one policy the governmnet has introduced to stop imports. it is obvious this whole nonsense is targetted at west african neighbours. but nigeria will pay a big price for this insolence. i know what I am talking.about. nigeria is not an island, and nigeria today is very very vulnerable.



Economic treaties are meant to encourage local industries and not bring them down.. Importation of what you can produce locally is the number one killer of any nation...

Nigeria is on a right path and its imperative that your country do same.. Africa can't continue to grow the economy of Thailand and others. The quest for industrialization and near self sufficiency is a gradual process not an over night one..

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