Barryseal:


With the padlock on our economy and import restrictions as it is, we have more companies packing up and international airlines suspending flights to Nigeria.

FreeStuffsNG:
Typical container economy ideology.smh.

I am not surprised at all. Someone already predicted this about HE Obi because Obi needs to keep importing foreign goods for his import business and supermarkets.


Little wonder he has nothing tangible to use to campaign for his 8 years in office as Anambra governor.


For the uncouth Igbo youths defending container economy,please go and look at the export side, if you see the export side of non-oil sector of Nigeria and where they come from in Nigeria ehn, you will never consider Igbo container economy as progress and never wish Igbo continues to be a dumping ground.

Check our foreign direct investments(FDI) too( screenshots of leading fdi states for both Q1 and Q2 2022 are below) and you will not see any SE states at the top 2 so these container economy is not it at all and not progress in the absence of FDI.

While SE is taking containers, Lagos,alone takes over 70% the FDI in billions! Apart from Anambra which is still very very low due to this container economy mentality and insecurity, all other SE states attracted zero fdi so far this year

Below is jiust the agricultural sector alone, watch cocoa from the SW and Sesame from the North with Jigawa the highest producer, doing multiple times the other agric ptoducts and bringing in forex into Nigeria and not destroying the environment or bringing in toxic contents.

I completely disagree with your suggestion that container economy is what Igboland needs.

Top priority for SE, and I agree with Prof. Soludo , is responsible parenting because most parents in Igboland have abandoned their responsibility of raising disciplined, respectful, educated and Godfearing patriotic children, these children currently litter the social media space for ipob terrorist group and jails in Nigeria and all over the world, followed by peace in Igboland un order to stop the shedding of blood of innocent patriotic Nigerians then investment especially from other tribes and foreigners so Igboland can attract investments and talents from other places like the SW does excellently.

Asiwaju Tinubu alone brought in multibillion dollars investment into Lagos and his successors built on it.
check my signature for free stuffs!

socialmediaman:
That's the right thing to do.

Don't restrict them, tax imports higher, and invest the money from the tax on local production

That's what any sane government will do!

Vote Wisely and Hold Peter Obi Accountable. Yes We Can

socialmediaman:


Allow people to import and tax them a lot of money to make imports more expensive. Invest more money on local production.

Random nairalander calling O I ignorant. SMH

socialmediaman:
That's the right thing to do.

Don't restrict them, tax imports higher, and invest the money from the tax on local production

That's what any sane government will do!

Vote Wisely and Hold Peter Obi Accountable. Yes We Can

FreeStuffsNG:
Typical container economy ideology.smh.

I am not surprised at all. Someone already predicted this about HE Obi because Obi needs to keep importing foreign goods for his import business and supermarkets.


Little wonder he has nothing tangible to use to campaign for his 8 years in office as Anambra governor.


For the uncouth Igbo youths defending container economy,please go and look at the export side, if you see the export side of non-oil sector of Nigeria and where they come from in Nigeria ehn, you will never consider Igbo container economy as progress and never wish Igbo continues to be a dumping ground.

Check our foreign direct investments(FDI) too( screenshots of leading fdi states for both Q1 and Q2 2022 are below) and you will not see any SE states at the top 2 so these container economy is not it at all and not progress in the absence of FDI.

While SE is taking containers, Lagos,alone takes over 70% the FDI in billions! Apart from Anambra which is still very very low due to this container economy mentality and insecurity, all other SE states attracted zero fdi so far this year

Below is jiust the agricultural sector alone, watch cocoa from the SW and Sesame from the North with Jigawa the highest producer, doing multiple times the other agric ptoducts and bringing in forex into Nigeria and not destroying the environment or bringing in toxic contents.

I completely disagree with your suggestion that container economy is what Igboland needs.

Top priority for SE, and I agree with Prof. Soludo , is responsible parenting because most parents in Igboland have abandoned their responsibility of raising disciplined, respectful, educated and Godfearing patriotic children, these children currently litter the social media space for ipob terrorist group and jails in Nigeria and all over the world, followed by peace in Igboland un order to stop the shedding of blood of innocent patriotic Nigerians then investment especially from other tribes and foreigners so Igboland can attract investments and talents from other places like the SW does excellently.

Asiwaju Tinubu alone brought in multibillion dollars investment into Lagos and his successors built on it.
check my signature for free stuffs!

Pakute:

Increasing import taxes is quite different from removing import restrictions. Removing import restrictions is a killer to any economy, you literally exporting employment abroad & dire consequences on local production.

Shamefully, this idea is opposed to his idea of transforming the country from consumption to production. I think Obi & his loud-mouthed supporter are the dumbest set of humans on earth.

baretalk:

The way to true prosperity is creating production units, manufacturing, processing of agro based products and natural resources to finished products and exporting. Importing enriches only the importer business man, clearing agent, and customs, but when you encourage investment and production, you prosper the nation and earn foreign exchange. Nigeria is worlds largest importer of champagne, rice etc, we have been importing, that is what killed our currency and economy. When we took IMF loans and had to follow their instructions on free trade and open borders, our naira started crashing. Obi is not smart enough.

udeh3:


Yet, during his time as a governor, he Peter Obi patronized Nigerian made products. He was the first to buy 1000 units of Innoson motors. Go and verify. The government of today, how many of the indigenous car production company are they patronizing?

Throwback:


Is it also beyond Anambrarians who could not wait for the disaster called Peter Obi to be eased out of their lives?

But today, Peter Obi is the Igbo candidate who must be supported by Igbos and by many Chijiokes claiming to be "Tunde" or "Haruna".

Anambrarians have warned us from the past, Nigerians must avoid this one chance as we proceed to the future.


The chief importer wants to continue in his anti-Nigerian approach to wealth creation that builds other national economies instead of building Nigeria's.

FreeStuffsNG:
Typical container economy ideology.smh.

I am not surprised at all. Someone already predicted this about HE Obi because Obi needs to keep importing foreign goods for his import business and supermarkets.


Little wonder he has nothing tangible to use to campaign for his 8 years in office as Anambra governor.


For the uncouth Igbo youths defending container economy,please go and look at the export side, if you see the export side of non-oil sector of Nigeria and where they come from in Nigeria ehn, you will never consider Igbo container economy as progress and never wish Igbo continues to be a dumping ground.

Check our foreign direct investments(FDI) too( screenshots of leading fdi states for both Q1 and Q2 2022 are below) and you will not see any SE states at the top 2 so these container economy is not it at all and not progress in the absence of FDI.

While SE is taking containers, Lagos,alone takes over 70% the FDI in billions! Apart from Anambra which is still very very low due to this container economy mentality and insecurity, all other SE states attracted zero fdi so far this year

Below is jiust the agricultural sector alone, watch cocoa from the SW and Sesame from the North with Jigawa the highest producer, doing multiple times the other agric ptoducts and bringing in forex into Nigeria and not destroying the environment or bringing in toxic contents.

I completely disagree with your suggestion that container economy is what Igboland needs.

Top priority for SE, and I agree with Prof. Soludo , is responsible parenting because most parents in Igboland have abandoned their responsibility of raising disciplined, respectful, educated and Godfearing patriotic children, these children currently litter the social media space for ipob terrorist group and jails in Nigeria and all over the world, followed by peace in Igboland un order to stop the shedding of blood of innocent patriotic Nigerians then investment especially from other tribes and foreigners so Igboland can attract investments and talents from other places like the SW does excellently.

Asiwaju Tinubu alone brought in multibillion dollars investment into Lagos and his successors built on it.
check my signature for free stuffs!

gayman99:


I get your point, but the question is how do we improve our balance of trade if we don't have stable power supply? As well as curtail multiple taxations?

Throwback:


Is it also beyond Anambrarians who could not wait for the disaster called Peter Obi to be eased out of their lives?

But today, Peter Obi is the Igbo candidate who must be supported by Igbos and by many Chijiokes claiming to be "Tunde" or "Haruna".

Anambrarians have warned us from the past, Nigerians must avoid this one chance as we proceed to the future.


The chief importer wants to continue in his anti-Nigerian approach to wealth creation that builds other national economies instead of building Nigeria's.

obyno82:


Ahhh!!!!!! finally you have just shown that you don't have sense. The reason for the slide in value of the naira is the multiple exchange rates that was created for political expediency. Now if you have a single rate and abolish fx restriction which can allow for exporters to sell the FX they bring at good rates to banks and government and at the same time allow bank to source for dollars at a single rate that alone will signal the country being ripe for business and companies will establish and jobs will be created.
But alas you have advertised online real time your stupidity.

ATLIEN2027:
Promises, Promises, promises..
MOFO just making promises left and right. Shit he couldn't do in 8 years as Governor but now promising do it all.
Pandora pathological liar Obi tuary must think that we are as brainless and clueless as his Zombidient followers.

babaolofin:


He is a crude trader. Just like Onitsha Main Market or Ariara or Alaba market uncivilised trader.

That is a container economic theorem.

He was the Special Adviser to Goodluck Jonathan on Economy, the economy failed woefully. That time, he was the Anambra State governor and Jonathan honoured him and made him Special Adviser on Economy, his sister, Ngozi Okonjo Iweala was the head of the Economic team, they liquidated Nigeria, after, the woman ran away.

IBETO was allowed to import and package cement in PortHarcout while FMN, BUA, Dangote & Lafarge invested on local production. There are so many things I don't want to discuss here. Apart from IBETO, there are many other deals that took place among their kinsmen. That is why they insisted Jonathan should not be probed.

In 1993, during the Presidential Debate on NTA Network service between Abiola and Tofa, Tom Ikim and Nduka Obaigbena were on the side of Tofa. They asked them a question on how to bring exchange rate down and stabilize Naira. Tofa said, he would peg Naira to Dollar rate. Abiola said a Glasgow Trained Accountant can never say he would peg Naira to Dollar. He explained that there are factors that forces exchange rate, you analyse the factors and work upon them to control exchange rate.

Container economist can say anything.

Racoon:
Liberate the gateways. Not the senseless, impactless and useless economic blockades the APC govt placed on the lucrative southern borders with attendant huge economic loss sometime back while the northern fringes were just leeways for terrorists to freely stroll in and do more damages.

Nigeria case is an import and a oil-mono-economy dependent nation because local production are not sufficient enough to meet local consumption demand.

And what did the senseless blockade Buhari government imposed on the borders yielded? Did local production increased or saved Nigeria from the present food inflation and insecurity nationwide especially with the insecurity menace on farmers?

Liberate the economic and provide security first, to encourage local and foreign investors that will boost the process and enhance food production to help us shift from local consumption to export.

ATLIEN2027:
Promises, Promises, promises..
MOFO just making promises left and right. Shit he couldn't do in 8 years as Governor but now promising do it all.
Pandora pathological liar Obi tuary must think that we are as brainless and clueless as his Zombidient followers.

Kasssandra:


And you know what that means...higher prices for most imports...including consumer electronics, tokumbo cars, and a host of other things.

Even higher prices for many things produced at home because they rely on imported componets and machinery to be produced.

At the end, you will complain and weep. Inflation will rise.

(No, I don't support Tinubu either, and the fact that he has no plan out is even more proof not to vote APC. )

Barryseal:

At what cost? Most Nigerians can't afford that local rice anymore as the price have quadrupled since the ban.

Kasssandra:


1.Before the two tier forex system was created in 1986/7, the naira was falling.

2.The naira is falling in value for the simple reason that we don't export enough manufactured goods...whose prices we can set...meaning we get more forex to buffer the naira. That's our problem for today (and why Obi makes sense when he talks about increasing domestic production). Instead, we export raw materials and oil...whose prices we do not control...meaning today we can earn enough forex to keep us happy, tomorrow, the price can drop to the point where our forex needs fall.

3.Either way, the two tier system has to go. Fully. It was meant to protect certain sectors from the high cost of forex in the parallel market...but it has become a nidus for corruption over the years.

socialmediaman:
That's the right thing to do.

Don't restrict them, tax imports higher, and invest the money from the tax on local production

That's what any sane government will do!

Vote Wisely and Hold Peter Obi Accountable. Yes We Can

babaolofin:


He is a crude trader. Just like Onitsha Main Market or Ariara or Alaba market uncivilised trader.

That is a container economic theorem.

He was the Special Adviser to Goodluck Jonathan on Economy, the economy failed woefully. That time, he was the Anambra State governor and Jonathan honoured him and made him Special Adviser on Economy, his sister, Ngozi Okonjo Iweala was the head of the Economic team, they liquidated Nigeria, after, the woman ran away.

IBETO was allowed to import and package cement in PortHarcout while FMN, BUA, Dangote & Lafarge invested on local production. There are so many things I don't want to discuss here. Apart from IBETO, there are many other deals that took place among their kinsmen. That is why they insisted Jonathan should not be probed.

In 1993, during the Presidential Debate on NTA Network service between Abiola and Tofa, Tom Ikim and Nduka Obaigbena were on the side of Tofa. They asked them a question on how to bring exchange rate down and stabilize Naira. Tofa said, he would peg Naira to Dollar rate. Abiola said a Glasgow Trained Accountant can never say he would peg Naira to Dollar. He explained that there are factors that forces exchange rate, you analyse the factors and work upon them to control exchange rate.

Container economist can say anything.

baretalk:

The way to true prosperity is creating production units, manufacturing, processing of agro based products and natural resources to finished products and exporting. Importing enriches only the importer business man, clearing agent, and customs, but when you encourage investment and production, you prosper the nation and earn foreign exchange. Nigeria is worlds largest importer of champagne, rice etc, we have been importing, that is what killed our currency and economy. When we took IMF loans and had to follow their instructions on free trade and open borders, our naira started crashing. Obi is not smart enough.