I am sick of our leaders going to China, India, France, Australia, etc to find investment. We need to promote for intra-African trade. We should be trading with Kenya, South Africa, Uganda, etc. We always look outward when we should look inward. Why should we go outward when we can do the same thing in Nigeria. There are people who makes buses in Nigeria but we go to CHINA!! There are people who do computers but we go OUTSIDE!! There are people who can make power plants but we go OUTSIDE!! I am honestly sick of this. Why did we get a loan from France? We don't need to go there, many politicians have the money they are just so greedy.

I heard that foreign tourists were kidnapped in Nigeria and the police did a full investigation, but the same thing happens to Nigerians and the police doesn't care. We bend over for the same foreigners who enslaved and colonized us in the past. And we worship their god in their version of Jesus. It is a shame.

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gbam

Economy of UK, China etc is much bigger than all of these other sub-saharan african countries combined

If you are looking for money, you hunt for big fish, not small ones

Let's put aside sentiments and be realistic

^^^^

interesting response for the future nigerians

ekt_bear:

Economy of UK, China etc is much bigger than all of these other sub-saharan african countries combined

If you are looking for money, you hunt for big fish, not small ones

Let's put aside sentiments and be realistic

But that is because those countries were already strong in their regions. If you are not strong in your own region, those outside will not take you seriously. Besides, there isn't anything in commerce or economics that states that trade with a richer partner will be more beneficial than trade with a poorer partner.

For instance, you will make less money trading with Walmart than you will trading with Joe Bloggs, ceteris paribus, because Walmart will use its size to negotiate better terms for itself. The same can be applied to the UK and China.


@ At OP

It is because Nigeria has inferior leaders; using brute force to achieve power does not translate into intelligence.

ekt_bear:

Economy of UK, China etc is much bigger than all of these other sub-saharan african countries combined

If you are looking for money, you hunt for big fish, not small ones

Let's put aside sentiments and be realistic

I mean, what is the point of going to China for construction/ architect/ engineering firms when there are many in Africa to pick from.Do we believe our people will do a worse job? Do we believe our people cannot make products to the standard or foreigners? Aganga tries to invite Tata to build a factory in Nigeria instead of helping Innoson get better. That is what I mean. They will go to China for a railway construction company when there are probably some in Africa who can do the same thing. There are many Nigerians with civil engineering degrees can't they do it? All the resources in the world are in Africa, why can't we exploit our own material instead of looking for foreigners to do everything for us. Do we not believe in our own people? how many Nigerians are unemployed but Nigeria's government goes to China to buy buses when Innoson can do the same thing with a great quality.

Nigeria has inferior leaders? Who HIRED them? No be Nigerians dey go vote these leaders in, year after year? Why Nigerians no FIRE them if they really believe those they hired are INFERIOR leaders?

Let's please stop creating these senseless threads already. The only reason we continue to have the useless leaders we have is because the NIGERIAN PEOPLE have an inferiority complex issue they have refused to deal with to this day. From the sychophants, who sing praises of the politicians THEY ELECTED into power and tend to see no WRONG in what they do either because of ethnic/party/religious ties,  to the tribalistic youths all too ready to fight their fellow Nigerian in the name of defending their ethnic politician(many of whom use this power they wield over the bunch, to maintain their hold on power) . . . there we have the bulk of the inferiority complex that we need to deal ith in this nation.

Katsumoto:

But that is because those countries were already strong in their regions. If you are not strong in your own region, those outside will not take you seriously. Besides, there isn't anything in commerce or economics that states that trade with a richer partner will be more beneficial than trade with a poorer partner.

For instance, you will make less money trading with Walmart than you will trading with Joe Bloggs, ceteris paribus, because Walmart will use its size to negotiate better terms for itself. The same can be applied to the UK and China.

My statement is a commentary about investment only (not trade), why it makes sense to look for investment from larger economies than smaller ones.

Why does UK still rely on Germany for their economic stability, why does US rely on Japan and China for their manufacturing prowess,,, Mr Man we are talking about super advance countries and economy, Wouldn't rate UK that high anyway, And u are here shouting and barking that we should patronize Alaba boyz, You that you are talking, what have you invented? How many patent rights do you have?

its one thing to be educated its another to be enlightened, its one thing to have wisdom is another to have understanding; critising leaders cannot make a change but praying for them as much as we critisize them can, no man can acts beyond his imagination and no man can act beyond his knowldge hence sensitization is innevitable, every leader in nigeria is a product of his imagination, live today as if tommorow is achievable and live tommorrow as if todat is reedemable, dick-dibia graville lugard ahamefulla.

dick-dibia granville lugard ahamefulla , not joystic-dibia bla bla bla. peace up

herome:

its one thing to be educated its another to be enlightened, its one thing to have wisdom is another to have understanding; critising leaders cannot make a change but praying for them as much as we critisize them can, no man can acts beyond his imagination and no man can act beyond his knowldge hence sensitization is innevitable, every leader in nigeria is a product of his imagination, live today as if tommorow is achievable and live tommorrow as if todat is reedemable, Joystick-dibia graville lugard ahamefulla.

I am sick of here Nigerians say they will pray. how long hae you been praying?

Ijogz K:

Why does UK still rely on Germany for their economic stability, why does US rely on Japan and China for their manufacturing prowess,,, Mr Man we are talking about super advance countries and economy, Wouldn't rate UK that high anyway, And u are here shouting and barking that we should patronize Alaba boyz, You that you are talking, what have you invented? How many patent rights do you have?

We are not developed we are developing. We need to promote more south south trade. We need to help other developing counries out too. Nigeri has soe money so why can'tnigerians invest in other African countries?

dick-dibia

listen four times before you respond, write little, think much, speak less and act deligently, i stand on my tentacles that WE CAN CHANGE!

I HAVE NEVER SEEN A MAN WHOSE FATHER GAVE ALL THE GOODS OF LIFE AND YET IS STILL DEPENDING ON ANOTHER MAN FOR ECONOMIC STABILITY THEN WHAT WILL HIS OWN CHILDREN DO OR GREAT GRAND CHILDREN, THAT MUST BE AN ALIEN
MAY GOD EMPOWER NIGERIA TO OVERCOME THE SABALLAT AND TOBIAH OF OUR NATION WITH ALL THE PROPHETESS NODIAH WHO DO NOT WANT THE EMERGENCE OF BILL GATES AND NELSON MANDELLA BY RAISINF THE HEZEKIAHS, HURAMS OR HIRAMS AND EZRAS OF OUR TIME IN JESUS NAME!

Inferior parents begat children who are inferior leaders of tommorrow!

cuz they are fools

I wonder if you know anything about economy of scale, comparative advantage and absolute advantage? Is it like asking why most people in your village go to big cities like Lagos, Abuja and PH in search of jobs.

adconline:

I wonder if you know anything about economy of scale, comparative advantage and absolute advantage? Is it like asking why most people in your village go to big cities like Lagos, Abuja and PH in search of jobs.

The governments in their original state should do a good job and provide them with jobs at home. just in agriculutre, there is opportunity to create milions of jobs. moringa, cassava, cocoa, exploitation and then plantations and putting them into finished goods. Like turning cocoa into chocolate.

This same thing can be said for the oil producing states. Building refneries for the oil then exporting finished petroleum products. I heard that during the Biafran war, Igbos were building our own refineries. Why not do this now? Do we need outside help? Outo f the 150+ million of Nigerian not one can do it?

Kobojunkie:

Nigeria has inferior leaders? Who HIRED them? No be Nigerians dey go vote these leaders in, year after year? Why Nigerians no FIRE them if they really believe those they hired are INFERIOR leaders?

Let's please stop creating these senseless threads already. The only reason we continue to have the useless leaders we have is because the NIGERIAN PEOPLE have an inferiority complex issue they have refused to deal with to this day. From the sychophants, who sing praises of the politicians THEY ELECTED into power and tend to see no WRONG in what they do either because of ethnic/party/religious ties, to the tribalistic youths all too ready to fight their fellow Nigerian in the name of defending their ethnic politician(many of whom use this power they wield over the bunch, to maintain their hold on power) . . . there we have the bulk of the inferiority complex that we need to deal ith in this nation.

That is part of the problem. People voting due to ethnicity and not skill. Goodluck and PDP are terrible people. This is why idon't get why people voted for this guy. That is why Imade a thread about it before.

igbo2011:

That is part of the problem.  People voting due to ethnicity and not skill. Goodluck and PDP are terrible people.  This is why  idon't get why people voted for this guy.  That is why Imade a thread about it before.

The Point is these leaders ARE NOT the one's with inferiority complex.

When you vote in narcissists, unaccomplished thieves, known criminals, etc as leaders, what you do is reveal to all what you really think of YOURSELF. Most of those who voted, revealed through their votes, what they felt they were worth . . . and it is beings who think themselves inferior that continue to vote the same class of rogues time after time.

We ought to stop blaming everyone else and start looking inwards for where the problem lies.

Yes they are but there is more going on behind the curtains.
If the nigerian leaders fail to do as USA,France and Britain says those country would remove them from power because the nigerian masses are ignorant and can easily be turned against their leaders, if those leaders on the other hand fail to care about the people the PEOPLE CAN DO NOTHING ABOUT IT again because they are ignorant and unenlightened.
@OP i am always happy whenever i see people who gave a thought to issues of the nation and can apply intelligence and knowledge to devise a solution, unfortunately many would not understand you.

@OP,
Nah. I don't think the 'leaders' have any inferiority complex. I don't think we have many Nigerians that do.
The problem is one of 'low mentality', or what I would term a distinct lack of vision, stemming from a lack of unity and purpose among Nigerians. There is little or no cultural, social, or ideological affinity among the people of Nigeria. I bet if we had not been one country, things may have been distinctly different.

Yes

i feel the op.

The OP is spot on but some us will never see the truth in his assertion. How will you become a world power if you keep going outside to get help. is that how China, USA and Germany became world powers? We have to look inwards and help Nigeria owned businesses like Innoson, Zinox, Reltel and Glo. I just don't understand where we think we're heading as a country. We need a serious re-orientation in this country because the inferiority that's been displayed by Nigerian is mind bugling.

@OP I think most right thinking Nigerians agree with you that we need to invest in our own as well as Africa and that doesn't mean we can't do business with western countries. Once you have visionary leaders who actually have a master plan for Nigeria to move forward and not deviate from it then bobs your uncle!. Its not rocket science, other countries have gone from mediocrity to super economies. There r people with immense talent in and out of Nigeria and if they r given the impression that their wealth of knowledge/experience will be genuinely required and those who want to set up factories and bring back a manufacturing base to this country are sure that they have a serious government behind them then the country will be turned around. WHERE R THE VISIONARY LEADERS IN NIGERIA, WHERE?

@OP, erm, let’s pretend you didn’t add that last line about Jesus for the sake of not deviating from the main issue. Our Government isn’t perfect and we don’t expect a 51-year old country to be like a 200-year old one overnight. I believe if we had exchanged knowledge with the colonial masters rather than mirrors and bicycles, we would have been on a faster lane to development. It’s not that we can’t do good jobs, but look at roads constructed by Nigerian contractors and compare them to the ones constructed by the foreigners. Our people that have acquired the necessary skills abroad to do the job tend to want to stay away and criticize the Government. But then, how would they want to come back to an unsafe environment? Yet, the same people that complain about the Government harbour criminals. The circle continues. Please note that I am not saying we shouldn’t invest in our own, but I am trying to point out that it is not an automatic process. We still need to learn from the foreigners and the ones that have been exposed to the foreign way of doing things should return home.

ekt_bear:

Economy of UK, China etc is much bigger than all of these other sub-saharan african countries combined

Forget about UK. Brazil will overtake the UK to become the world's sixth biggest economy this year 2011, according to new projections. Brazil, which last year overtook Italy to become the world's seventh biggest economy, move up one more place to sixth with the UK falling to seventh. So you dont need to be an Europeans country to have a strong economy. Nigeria can rise too if we want. The Government in Nigeria is the innocent mirror of the nation. The quality of government and its leaders, is simply a reflection of the collective consciousness of all the people in Nigeria. If the collective consciousness in Nigeria is disintegrated and negative, and people are not behaving in accord with natural laws, then problems and weakness will be an unavoidable phenomenon of government. If, on the other hand, the collective consciousness in Nigeria is positive, integrated, and coherent, then the government will not be influenced by any negativity. If the people in Nigeria wish to be protected from weakness in government, then they must create an integrated collective consciousness. Positivity and harmony should be so strong and dense in national consciousness that negative influences cannot penetrate it.

All of that may very well be true, but doesn't detract from the point I made.

@ OP,

I want to make one point quite clear: Nigeria at this point in our history lacks the technological know-how and infrastructural base to develop simply by looking inwards. I am not saying that we shouldn't make use of our resources our promote intra-African trade, but my point is that it is an overly simplistic submission to state (or imply) that we must look inwards and do things strictly our way in order to make progress, because if we do, we will simply be repeating the mistake many African countries made in the 1960s, when, fresh out of colonialism, decided to adopt the Soviet model of a socialist autarkic economy, while the likes of Japan, Hong Kong and South Korea opened up their economies to trade with the West under favourable conditions. The likes of China and India also realized the power of free markets and economic liberalization, and so they also began to open up their economies as from 1979 and 1991 respectively, lifting hundreds of millions of people out of poverty in the process.

My point is, there must be a combination of intra-African and inter-continental trade and investment under mutually beneficial terms that will involve knowledge transfer to Nigerians. Nigeria, indeed Africa, cannot go it alone. We must learn from the success of others, the Western nations and especially the BRIC nations. Adapt the knowledge gained to the peculiarities of our environment, and then we can have our own "economic miracle".