tushbobo:
Local materials can be developed into international standards.

Problem is it's very expensive producing raw material locally.

Import is partly fuelled by that.

You can get rice more easily from abroad than producing locally. That's how Ghanaian rice producers were driven out of business by American rice flooding the market.

Getting everything locally can be unreliable and not really cheaper.

There must be a plan in place to encourage local raw material production/use. Not one arising a draconian regulation.

When GEJ touted cassava bread, people were laughing. Whereas cassava is something we really have a lot of. Relatively cheap to produce.

bunch of idiots.. we manufacture drugs.. good luck producing ampicillin or metronidazole powder here.. lmao jokers..

only about 0.00001% of raw materials needed can be made here in Nigeria.. We are deceiving ourselves if we think otherwise..

good one

I think I should look at how to manufacture tooth pick before some body beat me to it!!!!

abumeinben:

But somebody recently imported grass from Brazil to feed cows. And then the cows be like...we feed on foreign legumes

To feed? It's better you read the news again and understand it

Dollar please bow before naira

Nigerians are just crazy with importation. Imagine all these raw materials existed long ago, but they never opted for it. I think it's time we need to develop our local content, which I see as a major vision of the present government. Together we all suffer it one or the other,but no matter how long the night might be, the dawn must surely come. Patience is all we need

nice

DaFlash:
F...U...C...K DOLLAR


SAI BABA

.........Gbammm!

softtouch2:
Good move.
Better for us to learn fast, so that we won't become like Greece. Greece was once a very rich country. She was importing everything, until she became bankrupt.

......Gidi Gbammm!

ChoCandyDiamond:
It is unfortunate that Apc government like to play politics with everything, I pity those dancing for this fraud, Nigeria and Africa as a whole is import dependent, you cant build a country by chasing shadows as APC government is doing, Industrialization of country cant happen when a country is divided along ethnic lines and hatred for one another, 90% of product used in Nigeria will remain imported for the next 50 years in Nigeria, The world have few export dependent countries like Germany, US, China and Japan. For a country to grow, you must allow market forces to determine your currency value at the market, the current fixing of naira against dollar will back fire, NIGERIANS is already filling the pinch, high inflation, poverty, lack of proper health facilities, Africa must import Agricultural Tools, Industrial machineries, Drugs, Hospital equipment,machine and motor parts, industrial chemicals, Office materials, Kitchen intensils, Electronics, Building machineries,electrical appliances etc. Even Uk depend on Germany for supply of all this, you cant become self productive overnight, Africa, South America, most part of Asia, Some parts North America dont have the technology and you cant get the technology based on APC propaganda

Nigeria does not have the technology but slowly but surely, with the restriction on imports, we will be forced to look inwards since we don't want to willingly do it...

BTW, the underlying issue is that we know your type, those whose relatives & livelihood are import proceeds dependent, the status quo is what you prefer.... however, the advise is that, get with the programme....






@ obailala .

Please don't flog a dead horse, they have a fixed POV & are not willing to deviate

I gave up on trying to argue or talk sense into these people when someone offline told me the reason PMB is making importation difficult is cos he wants to hurt his region who are the known major importers of commodities..

That he is trying to decimate them economically because they didn't support him.

common sense is not common.......it's high time we started patronizing our locals...
God bless Nigeria

ChoCandyDiamond:
It is unfortunate that Apc government like to play politics with everything, I pity those dancing for this fraud, Nigeria and Africa as a whole is import dependent, you cant build a country by chasing shadows as APC government is doing, Industrialization of country cant happen when a country is divided along ethnic lines and hatred for one another, 90% of product used in Nigeria will remain imported for the next 50 years in Nigeria, The world have few export dependent countries like Germany, US, China and Japan. For a country to grow, you must allow market forces to determine your currency value at the market, the current fixing of naira against dollar will back fire, NIGERIANS is already filling the pinch, high inflation, poverty, lack of proper health facilities, Africa must import Agricultural Tools, Industrial machineries, Drugs, Hospital equipment,machine and motor parts, industrial chemicals, Office materials, Kitchen intensils, Electronics, Building machineries,electrical appliances etc. Even Uk depend on Germany for supply of all this, you cant become self productive overnight, Africa, South America, most part of Asia, Some parts North America dont have the technology and you cant get the technology based on APC propaganda

Yes Africa needs to import technology (for now) but Africa does not need to import office materials like furniture, paper, pencils etc. Which we do (importing paper from India pathetically). Africa does not need to import locally-grown foodstuffs (I weep inwardly everytime I see imported potatoes and garlic sold proudly at Shoprite, even pineapples and bananas come from across the border). Africa does not need to import leather goods (but which girl out there isn't carrying a cheap Chinese handbag or which guy isn't wearing Chinese shoes and clothes).

That America you called, do you know their mothers rallied around the maker's of organic baby products and proudly support and buy the Made-In-America ones even though there are cheaper Chinese options available? Are Nigerians doing that yet or are they still not wailing that they don't have access to their imported goods? Until we start being patriotic and willingly looking to buy a Nigerian option before an import (if it exists), we are going to continue in this news for a long, long time.

I'm no supporter of APC or PDP but I believe charity begins at home.

dason4life:
Nice move but it won't solve the problem for those in the Technology World.
INNOSON don't produce computer chips

Innoson isn't a computer manufacturer...and we have the manpower, the resources, the finances to produce and research into more powerful "chips" only that we always treasure *made NOT in Nigeria goods*

How is South Korea better than Nigeria? But they snuffed corruption out, imported technology, developed and empower themselves AND ever since they've producing a lot, including automobiles (kia, hyundai etc), electronics (samsung, LG, daewood, etc).

The same with India...

Good policies, enabling environment, reorientations, iron hand, initial sufferness among others is what we need. Most of those products are not rocket science, even if it is, Nigerians are present/involved in every groundbreaking (albeit negative) researches/companies/pursuits all over the world.

But 100% of the goods we use in nigeria are made in China na.Do we still need dollars to purchase those goods or the yen?

i support buhari on this one let then stop importing

That's very good. Soon, these manufactures will begin to see the importance of funding research that aims to improve the qualitity local materials.

You a chain agent with eyes at the back of ur dumb skull, readjusting to economy failure, fuel scarcity, electricity reduced to 1000megawatt, dollar @ its highest, instead of job employments we get company downsize, mediocre i advice u Stop decieving urself dat dey have things worked out wen his latest hobby is flying around the world like a celebrity going for performance #wakeupzombie!!!!

gbengaizzHe:


Certified Enemy of progress. But wah I don't understand is why you choose to hate on your own country.. my son don't be foolish! The elites Re adjusting, if u like stay Der and remain a mediocre

Alhamdulilah!!!

SANITY IS BEING RESTORED GRADUALLY INTO NIGERIAN SYSTEM.

IT TAKESNPAINS AND AGONY TO BE A MAN. BUT AT THE END THE STORY SHALL BE A"CHANGE"

THANK GOD FOR YOUR FAVOUR.

LETS ALL SUPPORT OUR PRESIDENT'S STEADFASTNESS AND STRONGWILL.

GOD BLESS MY COUNTRY!!!

HighKing01:
You a chain agent with eyes at the back of ur dumb skull, readjusting to economy failure, fuel scarcity, electricity reduced to 1000megawatt, dollar @ its highest, instead of job employments we get company downsize, mediocre i advice u Stop decieving urself dat dey have things worked out wen his latest hobby is flying around the world like a celebrity going for performance #wakeupzombie!!!!

Good Morning bro! I sight your foolishness.. fresh as d dew.

If all things been equal. It will definitely work out.

modath:
The possibillity of a country that is solely & wholly import dependent to ever aspire to be a great nation is between zero & zilch......


Convulsing, cursing, crying..etc won't stop this present administration from weaning Nigerians off that state of mind, sooner people get with the programme , adjust accordingly & take the hard times in their stride the better...


*caveat*.. everyone can feel the heat but one's attitude will make one see things either half empty or half full!!

Your submission are very apt........................i can read through the mind of this present govt its tougher to change peoples mentality but we are getting there.

HighKing01:
You a chain agent with eyes at the back of ur dumb skull, readjusting to economy failure, fuel scarcity, electricity reduced to 1000megawatt, dollar @ its highest, instead of job employments we get company downsize, mediocre i advice u Stop decieving urself dat dey have things worked out wen his latest hobby is flying around the world like a celebrity going for performance #wakeupzombie!!!!

Another hater on the loose......

dason4life:
Nice move but it won't solve the problem for those in the Technology World.
INNOSON don't produce computer chips

It's time they looked inwards, the Igbo are meant to be brilliant nand resilient. I would have also expected that he can import some of the material and assemble the rest using locally made metal and cabling.

slimfit1:
Common sense is kicking in finally. How did we let our lives depend on foreign things and these people ban our product or avoid it when we export. However, brave decision by this government the right one as well.

Nigerians dont need kids gloves, you handle then with iron hand...hehehehehehe sourcing for local materials.. by fire by thunder...hehehehehe

dason4life:
Nice move but it won't solve the problem for those in the Technology World.
INNOSON don't produce computer chips

but Nigeria have capability to produce dt chips make them jst look inward

modath:
The possibillity of a country that is solely & wholly import dependent to ever aspire to be a great nation is between zero & zilch......


Convulsing, cursing, crying..etc won't stop this present administration from weaning Nigerians off that state of mind, sooner people get with the programme , adjust accordingly & take the hard times in their stride the better...


*caveat*.. everyone can feel the heat but one's attitude will make one see things either half empty or half full!!

In DJ Khaled's voice "Its another one." Great comment from an intelligent and unbiased mind.

HighKing01:
You a chain agent with eyes at the back of ur dumb skull, readjusting to economy failure, fuel scarcity, electricity reduced to 1000megawatt, dollar @ its highest, instead of job employments we get company downsize, mediocre i advice u Stop decieving urself dat dey have things worked out wen his latest hobby is flying around the world like a celebrity going for performance #wakeupzombie!!!!

my brother just read about China evolution and how they become what they re today

unfounded stats why compare 2014 to 2016 the growth if any could have been 2015 a foundation laid in 2014 u need to wait until 2017 to talk about 2016 people have not even woken up from the shock of the present situation to talk of growth stop that prop

Okay zombie hope u stick 2 corrections

gbengaizzHe:


Good Morning bro! I sight my foolishness.. fresh as d dew.

I did dat b4 u were born, but did u also ask how many years dey practiced it

4four:
my brother just read about China evolution and how they become what they re today

obailala:
It is an emergency situation and in emergencies, people improvise to survive. The manufacturers are improvising to survive and it is indeed a good thing.

Furthermore, Buhari did not put any cart before any horse, he isnt the one who didnt diversify our economy, he isnt the one who crashed global oil prices and he isnt the one who led Nigeria into its present economic woes where we are currently having a negative balance of trade. In view of the present circumstances, the restrictions on forex is an inevitable move aimed at saving Nigeria from an impending collapse due to the negative balance of trade. Go and read about what is happening to nations like Greece or Venezuela and you will not jump into the same boat with the mass of ignorant/prejudiced critics who think Buhari or the CBN are being silly or are being the villains by restricting the distribution of forex.

Thanks for this intelligent reply to the dullatd above