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Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) - Politics (6) - Nairaland

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Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by KwoiZabo(m): 9:06pm On Sep 14, 2019
IronGalaxy:
Nope. South Africans aren't poor. SOME South Africans are poor. I'm not poor. correction>
Then You are white or part of 20% blacks that are wealthy
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by HOB777(m): 9:07pm On Sep 14, 2019
Nothing can be so painful as a student of international relations or someone who is abreast of global politics knowing quite well that your home government has no foreign policy .
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Fortune109: 9:08pm On Sep 14, 2019
Princedapace:


No bro, as it stands, international companies do business with SA than Nigeria. U can Google it bro. It is easier to do business in SA than in Nigeria. They have stable electricity, water, good roads, health care, more developed educational system. Most companies that want to establish African Head branch go to SA to establish it.

Largest economy does not mean per capital income. Bro, pls make we no argue, SA is miles ahead of Nigeria. Ask those who don't want to return. They will tell u. SA can't try this shit with USA for instance. Why? They make a lot of money exporting finished goods to USA under agreement with the USA govt. They don't make that much exporting to us.

U can begin with, how many nigerians do menial jobs in SA, how many Soutu Africans do same jobs here? Pls for now, we are not at the same level with SA. Maybe tomorrow.

The whites did a lot of works in that country before handing over. And corruption and nepotism have destroyed our country.

International companies make more money in Nigeria than in South Africa is the point bro for obvious reason of our population. So currently what we lack in terms of good roads, stable power and rest can be made for in our population. Having their African head branches in SA doesn't mean Nigeria is not much more important to them than SA. Unless it's not money they are looking for.

Nigerians living in SA is the only weapon they have against us basically when a diplomatic hell breaks loose. While we have their many companies in our country we can impose sanctions on which will greatly affect them, we have almost no Nigerian company in SA. So who do you think needs who more here!

My brother this is simple logic, if you make more money from me than I make from you then economically I have more power over you.

1 Like

Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Ewedegubbler: 9:08pm On Sep 14, 2019
KekeNash:
Nando's pulled out of Nigeria, why? this SA Company is doing well in Europe and America

Most Nigerians like myself dont like Nandos. And that's why they pulled out because of low patronage...
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by lexy2014: 9:22pm On Sep 14, 2019
Dasuks:


Yea we can play those games. I deport u for asking me for yellow fever cert at the airport etc. Doesn't change that business interests in Nigeria earn more on trade terms with SA than the other way around. You'd be hurting urself ultimately.

Im pro Nigeria and not tryna support a foreign nation. But this is in-house. Let's be honest with ourselves so we can compete. Everything about us except oil billions is in a sorry state.


I can confidently tell u that if buhari was president when Nigerians were deported from SA cos of yellow fever, buhari would have done nothing.

D issue isn't about balance of trade. D issue is that d present govt is weak. U can't tell me that balance of trade should b d only consideration in retaliatory diplomacy. If a Nigerian govt refuses to put its foot on d ground in response to SAs bullying, then we are missing it.

There's a lot that goes on between Russia & Ukraine, but they are at each others necks without one allowing d other to bully it. If buhari was Russian president, he would have ceded Crimea to Ukraine because Russia's gas pipelines to Europe pass thru Ukraine. On d flip side, if he was president of Ukraine, he would have allowed Russia to bully him cos he gets his gas from Russia. Dude, sometimes, diplomacy goes beyond balance of payment

1 Like

Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Ugosample(m): 9:27pm On Sep 14, 2019
manontree:
Poorly written. If nigeria decides today to nationalise all south Africans businesses here the loss would be crippling

We remain the largest market in Africa and even the Chinese know this. Who is SA?

Under Jonathan when Nigeria started deporting all incoming SA passengers to Nigeria SA quickly came begging. Nigeria is one country SA cannot afford to fight...cos they would ultimately lose

True that

despite all Nigeria failings
Nigeria still got some clout and leverage

just that the country is being led by complete idiots

2 Likes

Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by colestephan86: 9:37pm On Sep 14, 2019
meavox:
WHY NIGERIA CANNOT AFFORD A STAND-OFF WITH SOUTH AFRICA - by Gimba Kakanda
Al-Jazeera, Opinion
9 Sept 2019


Today Abuja addresses Pretoria from a position of weakness.

Since the images and videos of the maiming and killing of black foreigners in South Africa began to emerge on various social media platforms last week, Nigeria has been an emotionally frayed place. Tens of thousands of Nigerians live in South African cities and in recent years, they have become frequent targets of xenophobic attacks.

This time, anger in Nigeria boiled over and young Nigerians took to the streets protesting South African aggression and unleashing some of their own on South African-owned businesses.

The Nigerian government felt pressured to act and subsequently recalled its ambassador from Pretoria and announced it was pulling out of the World Economic Forum meeting on Africa which was held in Cape Town. While some Nigerians welcomed the move, others thought it was not enough and called on their government to intervene and rescue its citizens.

Examples abound of powerful countries going to great lengths to protect and repatriate their citizens who have faced danger abroad.

But Nigeria is not one of them. Indeed, in the past, the country has stood its ground on a number of occasions when defending its national interests. In the 1960s, for example, Nigeria had a face-off with France over the latter's continuous tests of nuclear weapons in the Sahara desert. The government of Abubakar Tafawa Balewa acted decisively, breaking diplomatic relations with Paris, expelling the French ambassador and imposing a full embargo on French goods.

Throughout the 1970s and 1980s, Nigeria led the international effort to isolate and pressure the apartheid regime in South Africa. It threatened economic action against Western powers for refusing to sanction the regime and supported the national liberation movements in Southern Africa, including the African Nation Congress (ANC), with millions of dollars annually.

In the 1990s, the country, under the leadership of military ruler Sani Abacha, defied international sanctions and welcomed a visit by Libyan leader Muammar Gaddafi. It also directly intervened in the Liberian civil war, dispatching Nigerian troops to fight.

Most of the reactions to the violent attacks on Nigerians and other Africans in South Africa reflect a yearning for Abacha-style diplomacy. But as recent developments in its relations with the United States demonstrated, Nigeria can no longer wield such diplomatic power. Last month, the Nigerian government was spectacularly quick to react to the US's reciprocal rise in visa fees by reducing the charge for Americans applying for a visa to enter the country. And last year President Muhammadu Buhari decided to "keep quiet" on President Donald Trump's alleged "s***hole" remark about African nations.

At present, it is clear Nigeria does not have the military, the intelligence capability or the diplomatic clout to pursue a serious escalation against even a regional power, such as South Africa.

This diplomatic "standoff" with Pretoria has exposed the weakness Abuja has masked in parading itself as a self-styled "Giant of Africa". South Africa used to be a bully that Nigeria could restrain through its support for proxies inside the country and its neighbourhood. But since the end apartheid, this relationship has evolved into a regional competition, which Pretoria is winning.

After the sanctions and international isolation were lifted, South Africa quickly became the continent's more favoured ally of developed economies and foreign investors. Pretoria emerged as the recipient of the largest share of foreign direct investment in sub-Saharan Africa and in 2011 joined the BRIC countries in an economic pact formed to challenge the domination of Western economic policy.

It is also an important trading partner that Nigeria cannot afford to lose. South African businesses have major investments in the country, including the DSTV cable service, MTN telecom, the Shoprite supermarket chain and others. Nigeria exports $3.83bn worth of goods, mostly oil and oil products, to South Africa. By contrast, it imports just $514.3m of South African products, which accounts for less than one percent of total South African exports.

The more contrasting feature of the two economies, and which again highlights Nigeria's weakness is that while Abuja levers around a commodity-dependent economy, Pretoria has built a highly-diversified economy with a superior industrial structure. In other words, Nigeria needs South Africa economically, much more than South Africa needs Nigeria.

Nigeria's geopolitical power has also waned in recent years, while South Africa has remained a major regional power. Abuja has been battling with a rebellion in the north for years and has struggled to put a stop to flares of tribal violence regularly killing dozens of people. In its neighbourhood, Nigeria continues to feel largely insecure, surrounded by Francophone countries whose allegiances to France threaten the commitment of the Economic Community of West African States (ECOWAS) to stability and non-aggression in the region.

The Nigerian government has also been unable to muster enough influence in the West to become a trusted partner. In 2014, the Obama administration, for example, blocked the sale of arms to the Nigerian military. The Trump administration decided to proceed with it but under heavy conditions which Nigerian officials have deemed "unacceptable". Western reluctance to sell weapons to Abuja has pressed it to seek arms on the black market. South Africa has embarrassed it twice in recent years by intercepting large arms shipment bound for Nigeria.

In this sense, the Nigerian government cannot do anything about the violence against its citizens in South Africa beyond making a few symbolic diplomatic moves and bringing up once again the Nigerian role in liberating South Africans from its white oppressors. It is clear that in doing so it is addressing Pretoria from the position of weakness.

Indeed, using persistent references to sub-Saharan African commonality and solidarity as a result of shared history, race and geography is not an effective foreign policy tool.

The idea of One Africa is a farce taken too far, and successive Nigerian elites have pandered to this fantasy to the detriment of national interests. The legacy of this pan-African misadventure is a geopolitically weak Nigeria which cannot stand up to for itself and for its citizens

This very much has to do with mismanagement of the economy. The redemption Nigeria needs is one that moves the country away from dependence on oil exports, foreign imports and interventions and towards diversification and industrialisation. We cannot afford to glorify the idea of producing pencils in the age of artificial intelligence any more.

Only if the country becomes materially secure and industrially productive will it be able to regain its soft power and international clout and stand up to the old bullies in its neighbourhood.


Source:
https://www.aljazeera.com/indepth/opinion/nigeria-nigerians-xenophobic-attacks-south-africa-190908200649204.html




How the mighty has fallen
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Ugosample(m): 9:37pm On Sep 14, 2019
Truth234:


The content is not entirely right but a lot of people do not have the numbers or how government policy works. South Africa is in recession, and the over $3 billion export is mainly crude oil. Meaning, we can increase export duties we reduced for African nations just for South Africa. They are not buying from us because we couldn't sell but because its economically viable to do so taking into consideration proximity (logistic cost).

Again, MTN generates 35 percent of its global revenue from Nigeria at over N1 trillion while Nigeria remains DSTV largest market. Gimba undermines the significance of Nigeria's market to the entire African nations in this article but the way they couldn't go ahead with AfCFT agreement without Nigeria says otherwise.

Also, Gimba has forgotten that South African owners of these companies are white, they will never hesitate to localise their companies in Nigeria if black South Africans remain a hindrance to their growth. Nigeria is a bigger market and contributes more than 20 African countries in revenue. Part of which they illegally repatriated ($11 billion) in 2016.

On the FDI, he is purely lying, South Africa highest FDI since 2013 was $4.8 billion recorded in 2018. While Nigeria recorded just $2.2 billion in the same year (her lowest in 13 years), our five years average, 2014 ($4.7 billion); 2015 ($3.1 billion); 2016 ($4.4 billion); 2017($3.5 billion) and 2018 ($2.2 billion) is far more than South Africa. https://investorsking.com/uncertain-fiscal-policies-fdi-inflow-to-remain-low/

Nigeria's FDI already rose by $1.2 billion in the first quarter of this year and with South Africa in recession and economy projected to grow less than 1 percent in 2019 (before the Xenophobic attacks), more FDI will find its way to Nigeria, especially after Xenophobic attacks and the growing perception that if all Africans finally leave SA these animals will face the white minority.

We have the biggest market in Africa, Gimba talking as if MTN and others are doing us a favour when in fact yearly fund repatriation is what is sustaining South Africa weak foreign reserve.



You have said it all

it's a tale of two failing $hithole countries
fighting rofo rofo fight
south Africa's economy will crumble totally if we kick them out of the market in Nigeria

small shake body Nigeria do MTM
mtn lose 22% of share value

yeye

2 Likes

Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Myde4naija(m): 9:39pm On Sep 14, 2019
Okwyjesus:


Bros. let's tell ourselve the truth.
the article is not the truth.
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by renewable1(m): 9:46pm On Sep 14, 2019
Na so o



Do you need a 1kva solar system? See our promo

CHECK MY SIGNATURE NOW
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Myde4naija(m): 9:47pm On Sep 14, 2019
mamotalk:
I still maintain it that no country can move forward when such is led by PMB/PYO
before pmb / pyo what the country achievement?
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Myde4naija(m): 9:50pm On Sep 14, 2019
Angelfrost:


With all due respect, you are not being truly patriotic, rather cowardly or pretentious.

Your country is WEAK!!! There is no sugarcoating this hard cold reality!!! Be a real man and patriot, and face the fvcking truth!!!

What happened with South Africa recently is what my guys in Edo state call "See finish"!!! The disdain at your leaders puny attempt at rebuking the erring fvckers in South Africa was beyond obvious.

I will keep saying this... We must redeem, repair, and salvage this nation before it's too late... Or maybe it's already too late, then a peaceful break up becomes unavoidable. Enough said.
you want the country to change but you dont want to change your ways.




Hypocrite everywhere
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by SpartanJ: 9:53pm On Sep 14, 2019
Iamgrey5:
Op, this is an editorial Which is not the opinion of Aljasera but the Author



Gimba was one of the paid writers who wrote a Poorly written loopsided article during the heat of the reprisal attacks in Nigeria.

Gimba quickly referenced the American's response to our visa fee hikes at the outset of his Article but forgot to mention how America's foreign policy under Donald Trump is built on retaliation and counter measures regardless of the country involved.

e.g Donald is doing the same to China, Canada and is currently on his way to do the same to France.

More importantly, he also forgot to tell us how America and Southafrica can be compared when it comes to international diplomacy and relations.



Gimba forgot how Jacob Zuma rushed to Nigeria when Nigeria slap MTN with a $5bn fine

Gimba also failed to mention how South Africa quickly tried to relieve the tension when Nigeria reacted to the unjust deportation of Nigerians from South Africa under Jonathan

Gimba also deliberately omitted the Billions of dollars South African businesses make in Nigeria every year.

Gimba also failed to observe that other African countries with much closer ties to South Africa have reacted to the recent Xenophobic attacks. e.g Zambia and Mozambique

Bottom line, Gimba is a paid writer who is trying to dissuade Nigerians from reacting in such a manner that would put South African interest in Nigeria at risk

Although, I am against jungle justice and mob action, I am also against the activities of Nigerians trying to betray our nation cheaply to foreign interest.


God bless you
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Nobody: 9:56pm On Sep 14, 2019
lexy2014:



I can confidently tell u that if buhari was president when Nigerians were deported from SA cos of yellow fever, buhari would have done nothing.

D issue isn't about balance of trade. D issue is that d present govt is weak. U can't tell me that balance of trade should b d only consideration in retaliatory diplomacy. If a Nigerian govt refuses to put its foot on d ground in response to SAs bullying, then we are missing it.

There's a lot that goes on between Russia & Ukraine, but they are at each others necks without one allowing d other to bully it. If buhari was Russian president, he would have ceded Crimea to Ukraine because Russia's gas pipelines to Europe pass thru Ukraine. On d flip side, if he was president of Ukraine, he would have allowed Russia to bully him cos he gets his gas from Russia. Dude, sometimes, diplomacy goes beyond balance of payment

I dont think I ever said that diplomacy revolves solely around balance of payments or other economic criteria. I am only highlighting it as one of the areas of weakness that mirror the general state of Nigeria's stature vs that of SA (as is also done in the main article). Whatever retaliatory measures one takes has to be reasomable protected against. U can't just act for the sake of it.

No matter how we put it. We cannot compare to SA in general. Their economy is diversified. Extractive industries better monitored and regulated, services more advanced and public infrastructure in better shape. They have a actual power of taxation. Have three ports or so with more tonnage and activity than Lagos and others.

Raise 100bn usd budgets from both earnings receipts, public sector service offerings, and corporate taxes etc.

Now we know that Buhari isnt the insightful or smart leader we need. But even uf he wanted to do something, He's at a disadvantage.

On the Crimea point dont forget that it is majority ethnic Russian and has history of being part of the old Russian empire. Russia can act with superior military power and still guaranty popular support from what is essentially a Russian populace. So that action was guarded. Based on something...

Naija needs to have grounds. Abeg make we sleep small. After bro. Sleep well.
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by IronGalaxy: 10:10pm On Sep 14, 2019
KwoiZabo:
Then You are white or part of 20% blacks that are wealthy
LoL. Nigerians are really simple minded hey. Not all white people are wealthy and not blacks are poor. And the biggest middle of SA is made up of black people, if you're aren't poor of a wealthy black, you can still be middle class

2 Likes

Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Myde4naija(m): 10:13pm On Sep 14, 2019
ebusmus:
PEOPLE LIKE YOU ARE WHY THIS SHITHOLE COUNTRY CAN NEVER BE LIBERATED IN THIS LIFETIME
and how do you librate a country?



Your own way of libration is talking ill of the country you want to librate
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Insectkiller: 10:22pm On Sep 14, 2019
What a stupidd, stupendous and Lai mohammedious wrote up..

Nonsense write up and wasted ink and paper..

OP Next! grin shocked shocked
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Miaraka: 10:25pm On Sep 14, 2019
You guys appear to be itching for war with my country. You want a stand-off. Why should there be a stand-off? Shouldn't our two countries be consulting on how to deal with the criminality that is inimical to our bilateral relations?
You should be asking yourself why a much bigger number, at least 1, ,5 million won't take the offer to go back home. For your information, the majority of Nigerians here are focused on their studies, work, legitimate business, etc. They are quietly doing their thing and don't mix with the wicked and loud ones who are into drug and human trafficking even under age girls and boys (3 upwards). How can you be proud of such nonsense and wish your government could do something horrible to our country.?
There's no shortage of evidence against your criminals. Everything is recorded by our police - videos, documents, etc. The day you decide to take this matter to the ICJ or some international tribunal, you'll suffer a lifetime national shock and embarrassment.
The South Africans who were involved in the recent violence don't even reach 5000 out of a nation of at least 55m. Are you aware that some foreigners were also involved in the burning and looting? Strange, isn't it? What about the fact that 90% of those arrested don't have a home address? Ofcourse you know nothing about that. You also don't know that there are South Africans who fought and defended foreigners against criminals (at least one of them was arrested by the police because when the mob overpowered him, he decided to use his gun and killed at least one person).Most people don't know and it doesn't make sense. It won't make sense to yo too as long as you remain obsessed with the stupid idea that black South Africans hate other black people.
Perhaps the day hear a Nigerian telling you he was mugged by another foreigner and the Nigerian killers of other Nigerians tell you themselves that most of their compatriots who were killed here were actually killed by them, your brain will wake up.
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Nobody: 10:26pm On Sep 14, 2019
RomanGreen:


Shame on you, you take this paid advertorial as your best article without making efforts to do your own research. smh, have you ever wondered the amount of billions of dollars mtn and dstv take back home? It is far more than our export to that country, use your brain pls

i think you are missing the point, MTN and DSTV employs nigerians in Nigerians and make money from Nigeria, for MTN, nigeria is one of their profitable countries after iran, if MTN or DSTV decides to leave Nigeria, Nigerians will suffer, NO tax for government and it might lead to loss of revenue for govermment, south africans companies are FDI in Nigeria, so we need them more.

how many Nigerian top companies are in south africa? one dangote cement

Nigeria does not have the achilles heel of south africa, where can we hurt them, i see no place,so we are at loss

we cant nationalise their companies because it will be doom day for Nigeria, lawsuits and investors might not come to Nigeria

try to see the big picture, we are at loss, we are just giant of africa on paper not in reality

all south african banks are bigger than nigerian banks
the top ten companies in terms of 1 billion usd revenue are all in south africa
manufacturing hub for africa is in south africa
financial city for africa is in south africa


we are at loss, diplomatically where can we hurt south africa except fines, nothing more

1 Like

Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Nobody: 10:32pm On Sep 14, 2019
Ugosample:


You have said it all

it's a tale of two failing $hithole countries
fighting rofo rofo fight
south Africa's economy will crumble totally if we kick them out of the market in Nigeria

small shake body Nigeria do MTM
mtn lose 22% of share value

yeye

just because MTN lose value in stock because of fines, did not close down the company

stock fall and rise, so your point is not valid
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Nobody: 10:37pm On Sep 14, 2019
Truth234:


The content is not entirely right but a lot of people do not have the numbers or how government policy works. South Africa is in recession, and the over $3 billion export is mainly crude oil. Meaning, we can increase export duties we reduced for African nations just for South Africa. They are not buying from us because we couldn't sell but because its economically viable to do so taking into consideration proximity (logistic cost).

Again, MTN generates 35 percent of its global revenue from Nigeria at over N1 trillion while Nigeria remains DSTV largest market. Gimba undermines the significance of Nigeria's market to the entire African nations in this article but the way they couldn't go ahead with AfCFT agreement without Nigeria says otherwise.

Also, Gimba has forgotten that South African owners of these companies are white, they will never hesitate to localise their companies in Nigeria if black South Africans remain a hindrance to their growth. Nigeria is a bigger market and contributes more than 20 African countries in revenue. Part of which they illegally repatriated ($11 billion) in 2016.

On the FDI, he is purely lying, South Africa highest FDI since 2013 was $4.8 billion recorded in 2018. While Nigeria recorded just $2.2 billion in the same year (her lowest in 13 years), our five years average, 2014 ($4.7 billion); 2015 ($3.1 billion); 2016 ($4.4 billion); 2017($3.5 billion) and 2018 ($2.2 billion) is far more than South Africa. https://investorsking.com/uncertain-fiscal-policies-fdi-inflow-to-remain-low/

Nigeria's FDI already rose by $1.2 billion in the first quarter of this year and with South Africa in recession and economy projected to grow less than 1 percent in 2019 (before the Xenophobic attacks), more FDI will find its way to Nigeria, especially after Xenophobic attacks and the growing perception that if all Africans finally leave SA these animals will face the white minority.

We have the biggest market in Africa, Gimba talking as if MTN and others are doing us a favour when in fact yearly fund repatriation is what is sustaining South Africa weak foreign reserve.



Nigeria is a big market full of poor people

the top banks are in south africa

the financial capital of africa is in south africa meaning it is easy to raise money there

manufacturing hub of africa is in south africa

we just have a huge market that is attractive to low cost retailers.

2 Likes

Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by lexy2014: 10:38pm On Sep 14, 2019
Dasuks:


I dont think I ever said that diplomacy revolves solely around balance of payments or other economic criteria. I am only highlighting it as one of the areas of weakness that mirror the general state of Nigeria's stature vs that of SA (as is also done in the main article). Whatever retaliatory measures one takes has to be reasomable protected against. U can't just act for the sake of it.

No matter how we put it. We cannot compare to SA in general. Their economy is diversified. Extractive industries better monitored and regulated, services more advanced and public infrastructure in better shape. They have a actual power of taxation. Have three ports or so with more tonnage and activity than Lagos and others.

Raise 100bn usd budgets from both earnings receipts, public sector service offerings, and corporate taxes etc.

Now we know that Buhari isnt the insightful or smart leader we need. But even uf he wanted to do something, He's at a disadvantage.

On the Crimea point dont forget that it is majority ethnic Russian and has history of being part of the old Russian empire. Russia can act with superior military power and still guaranty popular support from what is essentially a Russian populace. So that action was guarded. Based on something...

Naija needs to have grounds. Abeg make we sleep small. After bro. Sleep well.





As far as this discussion is concerned, u are basing ur argument on diplomacy as determined by balance of payment. So far, u haven't made reference to any other thing outside balance of payment with regards to Nigeria's r/ship with SA.d bottom line is that even with superior balance of payment, buhari would still have done nothing.

In d case of Crimea that I mentioned, I talked about both sides, Ukraine & Russia. Not just Russia. D response of both countries to d same situation despite both of them having something to loose economically if they were confrontational, shows that u don't have to have all d advantage b4 u take a stance against perceived bullying.

Russia has a lot to loose cos its gas pipelines to Europe pass thru Ukraine but that doesn't stop it from bullying Ukraine. Ukraine on d other hand, receives its gas supply from Russia, but that doesn't stop it from standing up to Russia. That's y I said, diplomacy goes beyond balance of payment. Sometimes, its just having d courage to act. That's y I referenced Jonathan which I believe buhari wouldn't have acted if he found himself in d same situation which Jonathan found himself

1 Like

Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Nobody: 10:47pm On Sep 14, 2019
timay:


The guy obviously doesn't know what is going on. grin

If MTN moves out today, their competitors like Glo, 9Mobile and Airtel will gain a lot of market shares.
MTN stocks will crash all over. A man like Mike Adenuga If Glo will become Africa's richest man overnight because of what he will gain in the market.

Or does the guy thinks all these one sided article was written by a journalist who gives a f**k? It was obviously written by a paid journalist from the SA people to protect their interest

If MTN goes out of Nigeria, Nigeria will lose, direct and indirect jobs will be lost

no tax for government because the bulk of government tax are from the top companies

MTN stock will crash for a while but will bounce back because they are a really diversify company

glo, airtel and 9 mobile may take over the market but they dont have the money and coverage of MTN

MTN is a global companies,(21 countries both in africa and middle east ) glo is a local company.

1 Like

Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by galadima77(m): 10:58pm On Sep 14, 2019
We are almost finished
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by 14(m): 11:43pm On Sep 14, 2019
thebosstrevor:


i think you are missing the point, MTN and DSTV employs nigerians in Nigerians and make money from Nigeria, for MTN, nigeria is one of their profitable countries after iran, if MTN or DSTV decides to leave Nigeria, Nigerians will suffer, NO tax for government and it might lead to loss of revenue for govermment, south africans companies are FDI in Nigeria, so we need them more.

how many Nigerian top companies are in south africa? one dangote cement

Nigeria does not have the achilles heel of south africa, where can we hurt them, i see no place,so we are at loss

we cant nationalise their companies because it will be doom day for Nigeria, lawsuits and investors might not come to Nigeria

try to see the big picture, we are at loss, we are just giant of africa on paper not in reality

all south african banks are bigger than nigerian banks
the top ten companies in terms of 1 billion usd revenue are all in south africa
manufacturing hub for africa is in south africa
financial city for africa is in south africa


we are at loss, diplomatically where can we hurt south africa except fines, nothing more

https://africa.businesschief.com/top10/3629/Top-10-biggest-African-companies

https://en.m.wikipedia.org/wiki/DStv

https://moshekafrica.com/forbes-list-of-10-largest-companies-in-africa-2019/

https://www.riscura.com/brightafrica2017/africas-institutional-investors/africa-pension-fund-assets/

South Africa is just way too powerful in africa.

1 Like

Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Awaoyelmoni(m): 11:48pm On Sep 14, 2019
This article reeks of inaccuracies , I agree with Gimba to the point where he said Nigeria is totally helpless as it relates to the diplomatic row between Abuja nd Pretoria. Weak yes, but not totally weak nd helpless wen it comes to diplomatic row btw countries to know hu is coming from the angle of strength FDI comes to mind I did the math going by Gimbas figures ( which to a large extent I doubt it's authenticity) Nigeria makes $3.83b as against south Africa's $514.3m then I went on to add wat Multichoice makes, plus Mtn plus Shoprite nd decided South Africa will not last a day in a stand-off with Nigeria funnily enough things ain't all dat rosy in SA otherwise why will there grouse be dat there jobs are being taken away so it'd be erroneous to imply that they are more stable economically hence the stronger of the two.Bottomline is we can always find Some place to sell our crude but not so for south african businesses spread across Nigeria.
Out withShopRite we get agege bread,
Out with Mtn we geh glo (personally I've dumped my Mtn sim)
The nxt thing that comes to mind is why has Abuja decided to go at the issue cowardly nd not pursuing it with the vigour it deserves..
Perhaps bubus Kits nd kins weren't affected nd I'm referring to the Invaders from futa jalon mountain.
Or perhaps a section of the country which are unwanted where the ones affected. Remember air peace not FG shouldered the burden of evacuating Nigerians from SA..well we will keep guessing until the truth comes to light
Don't mind me everyone knows how this country is run on sentiments.

Nice article Gimba but hardly does it reflect the Nigeria reality I'm all too familiar to with

1 Like

Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by cronsberg: 11:55pm On Sep 14, 2019
the only reason why i will believe this article is the fact that as am writing this, there is no light and am sweating in the heat. in this 21st century o! no light. how do we even survive in this country sef? can u go to S.A and there will be no light? damn nigeria is messed up.for real guys. we are really suffering in this country
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Nobody: 12:31am On Sep 15, 2019
Fortune109:


International companies make more money in Nigeria than in South Africa is the point bro for obvious reason of our population. So currently what we lack in terms of good roads, stable power and rest can be made for in our population. Having their African head branches in SA doesn't mean Nigeria is not much more important to them than SA. Unless it's not money they are looking for.

Nigerians living in SA is the only weapon they have against us basically when a diplomatic hell breaks loose. While we have their many companies in our country we can impose sanctions on which will greatly affect them, we have almost no Nigerian company in SA. So who do you think needs who more here!

My brother this is simple logic, if you make more money from me than I make from you then economically I have more power over you.

this your logic is flawed

only three south african companies make money from Nigeria, MTN and Shoprite and Multichoice(DSTV), if we sanction them and send them away, south african government will stop buying our oil, we lose.just because they make money from us does mean we have power over them, they can as well just leave and make many nigerians unemployed. we dont have alternative, so no logic in sending a company away that needs your market and also will employ many of your unemployed youths.

population is just what we have in Nigeria, dont forget almost 70% of that population are poor, another 25% is unemployed.

How many top international companies are in Nigeria?very few compare to SA

South africa is the gateway to africa when it comes to business, lot of international companies are all based in SA from top car manufacturers to producers of premium goods, in Nigeria we have none, south Africa is an exporting nation, 90% of nigeria export is oil, in which south africa is a buyer

if south africa were exporting lot of goods to Nigeria, then we might just increase tarrif on them which might cause a trade war and they might just stop buying our oil, we lose, we are losing because all our government revenue comes from one source, oil.

even though i love my Nigeria, we are at the losing point, we need them more than they need us, our market might be useful to them but then again many south africa companies are global, if they lose one market, they just go to another.

Crude Petroleum. Exports of crude petroleum are vital to Nigeria's export economy and account for 77% of all its exports
Nigeria export to south africa was US$3.98 Billion in 2018( 99% was oil)
Nigeria Imports from South Africa was US$514.3 Million in 2018(23% plastics)

South Africa Imports from Nigeria was US$3.83 Billion in 2018(99.6% oil)

from the data who will lose, it shows clearly that Nigeria will lose because it only export oil to south africa. if south decides to stop buying oil from us, we shall lose 3.98 billion dollars. lot of money for Nigeria

we are just giant of africa on paper

2 Likes

Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by SmartyPants(m): 12:56am On Sep 15, 2019
yertyr:
Quickly came to find loopholes in the article.
Sorry guys, didnt find
There is only one truth

There are of course loopholes. The writer loosely argues that Nigeria is attacking from a position of weakness but he is wrong.

In military terms, neither South Africa nor Nigeria has the upper hand simply because neither has the capacity to invade the other. Stalemate.

In economic terms, neither country is particularly relevant to the other but on the balance of relevance, South Africa has much more to lose in terms of the value of South African investments in Nigeria. Nigeria will emerge the marginal victor in all out economic warfare.

But diplomatically however, Nigeria holds all the aces. South Africa cannot afford to be seen as a state which fails to uphold human rights protections. That would severely undermine it's status as a powerhouse in the AU, an in politics generally. That is not some5hignthe South Africans want, and the repatriation of Nigerians from South Africa is a huge embarrassment to which the South Africans have no effective reply. That's a checkmate from Nigeria.

1 Like

Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Princedapace(m): 12:59am On Sep 15, 2019
Fortune109:


International companies make more money in Nigeria than in South Africa is the point bro for obvious reason of our population. So currently what we lack in terms of good roads, stable power and rest can be made for in our population. Having their African head branches in SA doesn't mean Nigeria is not much more important to them than SA. Unless it's not money they are looking for.

Nigerians living in SA is the only weapon they have against us basically when a diplomatic hell breaks loose. While we have their many companies in our country we can impose sanctions on which will greatly affect them, we have almost no Nigerian company in SA. So who do you think needs who more here!

My brother this is simple logic, if you make more money from me than I make from you then economically I have more power over you.


Dude, are u okay at all? It is like saying international companies make more money from Nigeria than Netherlands because nigeria has more population than Netherlands. I don't think u understand how these things work.

If that is the case, international companies would have been rushing nigeria. Guy, companies are leaving Nigeria sef.

How can u even make this type of comment? Bro, SA is more business friendly by far than Nigeria. Over half the population of nigeria live in abject poverty. Then another set of almost half live in belove average line.

The middle class is an important factor in economy. The middle class in Nigeria can't afford what they are meant to afford. This is why companies like techno strive in nigeria. Purchasing power is low in nigeria. Purchasing power is high in SA. Pls, calm down and study these things. Population does not translate into economic strength. Do u know how many nigerians earn less than 100 dollars per month? How many nigerians can afford brand new products that are above 500 dollars? That is the question u should be asking and not population.
Bros, SA is economically stronger than Nigeria. In fact, international brands are more present in SA than in Nigeria, pls. SA even refines her oil and that of other countries. We send some of country men to technical trainings in SA a lot. The most recent were naval pilots. Bro, SA is far ahead of nigeria.

How can I choose to do business in a country with poor electricity compared to country with stable electricity.

2 Likes

Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Billionaire50: 2:24am On Sep 15, 2019
helinues:
Nigeria is not UAE fighting proxy wars in other middle east country.

Our government is handling the situations diplomatically
Make thunder fire that your mouth...ewu
Re: Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) by Billionaire50: 2:29am On Sep 15, 2019
Stundey:
Sigh! Political correctness is blurring the reality from many. You would think they are saying the reality with their cliches, but NO, they are not.
no be small, some persons always wanting to sound politically correct... even when the truth is in front of them... I'm not surprised anymore... Out of every 12...there's always a Judas...

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