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Nairaland Forum / Nairaland / General / Politics / Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour (9723 Views)
New Electricity Tariff: Band ‘A’ Homes May Spend N170,000 On Electricity Monthly / New Band A Tariff: NERC Orders Automatic Downgrade After 7 Days Non-Performance / Discos Post 37 Apologies To Band A Customers In 1 Week (2) (3) (4)
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by omohayek: 7:14pm On Jun 27 |
Impliment:Sadly, the point of question will fly right over the heads of those you're responding to. The average Nigerian seems to think electricity costs nothing to generate, and that only government wickedness determines how much private electrity suppliers should charge - hence the litany of nonsensical responses in this thread. 2 Likes 1 Share |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by Brendaniel: 7:21pm On Jun 27 |
Bluntemperor: So the governors are in charge of dollars and naira vale? The governor are also in charge of import duty? The governors are also in charge of the armed forces? ![]() |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by seunayantokun(m): 7:59pm On Jun 27 |
The Fulani north don use federal power they sabi chop destroy everything in this country for terrorism business. They spare nothing, not even human lives, to ensure they get hold of the federal might. Who do they want to blame? Nonsense! |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by aywagze(m): 8:14pm On Jun 27 |
Who still care about textile when majority of the population can afford three squared meals..🤔 |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by tctrills: 8:17pm On Jun 27 |
DevilsEqual:They actually do much more than you federal government with much smaller revenue. When the head is rotten but you choose to turn around and blame the body for smelling, you need to check your health. |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by delpee(f): 8:23pm On Jun 27 |
Placing local industries on Band A is a sure killer. |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by blacknp(m): 8:27pm On Jun 27 |
SmartPolician:Please just shut up, which enterprise you done start to help yourself? 1 Like |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by blacknp(m): 8:29pm On Jun 27 |
delpee:I’m on band A, and receive more than 20 hours of electricity everyday @ 208KWH. So what do you mean? |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by Typing: 8:41pm On Jun 27 |
ANlOMA: See this Igbo man. Dangote wey be the richest man in Africa na Cow he dey train? Abi me wey get money pass all una community people look like person wey dey train Cow? 2 Likes 1 Share
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Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by blacknp(m): 8:47pm On Jun 27 |
Typing:Richest black person in the world. |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by Typing: 8:48pm On Jun 27 |
blacknp: God bless you 1 Like 1 Share |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by nedekid: 8:51pm On Jun 27 |
No factory can survive under the prevailing challenging atmosphere. |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by MrStarskie: 10:03pm On Jun 27 |
SmartPolician:my cool sold drink business is totally dead. I can keep up with paying 5k daily |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by flokii: 11:06pm On Jun 27 |
I'm not pleased with the way the current administration of PBAT is slacking on pwer related matters. Most of those big companies leaving Nigeria are doing so because of greed of some Nigerians that want to continue extorting citizens through the power sector. How will you place high power consumers like industries who need light 24/7 on band A with extra high power tariff and expect them not to fold up?. The Minister of Power will just open mouth and be talking rubbish he knows next to nothing about in Public. Even with electricity bills piling up into millions of naira monthly on band A, most if not all the industries can't get straight 10 hrs out of 24 hrs power supply, still they will fuel their generators to keep their plants running. Whoever is advising the President and his team better wake up, if not by December, 90% of industries would be closed translating to job losses, zero jobs and more economic crises which Nigeria might never come out from. There are some positions you don't just give politicians but people with discerning minds, that have what it takes academically and Minister of Power is one of such. |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by grandstar(m): 11:50pm On Jun 27 |
mrvitalis: This is a super fantastic post. My thoughts exactly minus some of the data provided. I believe so much in the free market and these are some of the reasons. Steel import tax of zero percent would have been superb. There so much excess steel in the market selling so cheaply due to the glut from China that it would be insane building steel plants locally. Cheap imported steel would be a boon to steel end users. Demand for steel is a derived demand, so to turn it into an end product would require employment of labour. It would also make their end products competitive. I have noticed that many trousers guys and even some shirts that are bought and sold as imported in Mandilas and other places are made here. It occurred to me that the country has comparative advantage in production of garments. A zero percent tariff on textile fabrics would work wonders in that industry. Already, the many small scale tailor shops are reported to employ about 1m people. The Economist magazine called it the "the type unflashy manufacturing that actually creates jobs." These 2 sectors can create lots of jobs and wealth. Unfortunately for the country is obsessed with import substitution policies, rather than the "export or perish" mentality that would bring in the forex the country so badly needs. The foreign reserve is empty. I have not been to impressed with Wale Edun. There's nothing really exciting going on. I would have expected by now, the government would have slashed company tax to 15% or less. This should boost stock prices by at least 40% in 2 years. It should also have mapped out an ambitious commercialization and privatization plant to dispose all public companies from steel mills to the NNPC. Nevertheless, there has been some improvements. The current account is in surplus and there's greater inflow of foreign exchange into the economy. I am even seeking ways to make some dollars myself. The government needs to do far more. 1 Like |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by bigcasava1(m): 1:53am On Jun 28 |
Now now power just comot for their hand everything done dey collapse |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by Protect18: 7:02am On Jun 28 |
Apt! PresidObi: |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by ufotunang: 12:36am On Jun 29 |
That is why we told you people to vote for Peter obi into power . for a better economy and country and and a conducive bussinesses thriving environment..and better life and better standard of living for nigerians ..it's a pity renewed shege everywhere |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by ElevationD: 6:03am On Jun 29 |
mrvitalis: So garment industry would be running on water instead of electricity? Kill the textile industry and kill the use of electricity? In this age of economic crisis and very poor salary, you choose to send the few employed out of jobs? Did you read their complain at all? Let me remind you that the issue is about the high cost of electricity. They used to spend 30 m on average monthly, and that’s aside from diesel cost monthly when there’s no electricity. Factories purchase diesel in trucks monthly to keep running. Government must by all means encourage the industries that are presently thriving. Enabling environments and reasonable conditions must be made available for them to thrive. So government should shut down factories that pay their taxes and other charges, contributing to the growth of the economy? Government too should allow the import of foreign garments, helping the economy of other countries to grow? Kill the textile industries? Where would garments come from? The moon? What would be used to make the garments? Which industries do you expect to produce the garments? Who would make the fabrics used to produce the garments? So you expect Nigeria to import finished products from Bangladesh for example, leaving the basic, in this case fabrics, to rot? Have you been to any textile factory before? The Indians and Bangladeshi produce their textiles and garments, jealously protect the industries, promote them locally and export them to those who are interested worldwide. Can Nigeria not protect local textile industries, promote them and export to make such money? Our textiles are the best in West Africa. You can check that. Nothing has happened to Ajaokuta, except corruption. Take it off the hands of government officials, take away bureaucratic bottle necks, privatize it completely and see success with it. Dangote plans to go into steel production next year. Do you expect it to be a failure as the ones established with public funds? Nitel was a disgrace until privatization came. Today we all enjoy telecommunications. I am sorry, but I do not agree that textile industries should be killed. |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by mrvitalis(m): 6:55am On Jun 29 |
ElevationD: Hope you can read? Read it again slowly |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by ElevationD: 8:55am On Jun 29 |
mrvitalis: I complete read your initial comment. I have read it again and again and I tell you that your theory is not in line with the realities. You cannot say “kill the textile industry”, or close down textile mills. Have you wondered why prices of their products are high? Have you taken into consideration the negative effects of certain government policies? Textile industries contribute to the GDP and closing them down would impact on the economy. Have you considered that? How will Nigeria attain self sufficiency when textile mills are closed, just as others shutting down operations already? Why do we talk about production as a means of growing our economy, when you close down textile mills? Have you considered job losses? How can you product garments, when the companies that produce the fabrics are closed? Have you considered the impact on the economy? Those are some of my reasons for disagreeing with your position. |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by mrvitalis(m): 9:01am On Jun 29 |
ElevationD:Bros there is what we call theory of comparative advantage It's impossible for us now to produce fabric cheaper than China, India and turkey... This people have invested 100s of billions of dollars over years in this sector trying to catch up now is not only going to be expensive but the market is saturated Garment industry is something we can dominate especially supply to Europe n America, our labor is cheap, we have already trained man power, proximity to target market and others Only problem is cost of fabric it's too high because they are taxed at import if we remove that our garment industry would compete very well across the globe Garment market is a far far bigger market yhat textile and we have far far more advantage in garment So what exactly don't u get |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by ElevationD: 10:00am On Jun 29 |
mrvitalis: Garments are produced from textiles. Textiles refer to the raw materials used to create fabrics, such as fibers, yarns, and threads. Textiles are the beginning and garments are the final products made from them. If you kill the textile industries, where will you get garments from? I just cleared it up for you above. What I do not get from you brother is why the textile industry must be killed. Can you proceed with the above already defined for you? |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by mrvitalis(m): 10:07am On Jun 29 |
ElevationD:You import the textile!!!!!!!!!!!!!! My writing clearly stated that... Why it's impossible for us to produce textile cheaper than we import it ( lack of comparative advantage) ...thats impossible....that's my whole point!!!!... How could u miss that Our cottons are too efficient , textile are too small .....we have complex lack of comparative advantage... It can't work ... So using locally produced textile renders the whole garment industry comparatively disadvantaged too I gave an example of Bangladesh import 17.5 billion dollars worth of textile but exported 54 billion dollars worth of garments |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by ElevationD: 2:39pm On Jun 29 |
mrvitalis: The biggest producers of textile in the world started from somewhere. China which accounts for over 50%, for example, started from somewhere. The same goes for the likes of India, Pakistan, Brazil and Mexico. Our government must create the enabling environment for businesses to thrive. That’s what happened to those countries and there they are today, with the likes of Bangladesh, whose GDP is lower than that of Nigeria importing their textiles. As of 2010, Nigeria was Africa’s leading producer of cotton and the 12th largest in the world. We must then wonder why right in the face of our leaders, that industry has gone under. Industries must not be allowed to suffer in this manner. Nigeria had some of the biggest textile industries nationwide up till the return to democracy. Rather than kill them, as already stated, government must put policies in place to help industries grow, make our textiles internationally competitive once again, create jobs and grow the economy. |
Re: Band A: Textile Factories In North Collapsing Over Lack Of Power — Labour by mrvitalis(m): 3:00pm On Jun 29 |
ElevationD:Bros I'm done with u This ur thinking is so 1800 I'm done |
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