Stats: 3,171,314 members, 7,881,147 topics. Date: Friday, 05 July 2024 at 01:25 PM |
Nairaland Forum / Nairaland / General / Politics / Nigeria Abstains, As 49 AU Members Sign Free Trade Pact (21700 Views)
Buhari’s Death: Africa Leaders Observe A Minute Silence At AU Summit / Nigeria Abstains As 49 AU Members Sign Free Trade Pact / 49 African Union Members Sign Free Trade Pact (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (Reply) (Go Down)
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by AreaFada2: 1:00pm On Jul 04, 2018 |
bozzyjoan:But is shows Nigeria is admitting it has nothing to offer other countries aside crude oil & Nollywood films. If Nigeria had electricity and proper industries, our large population and talent pool should mean cheaper products that can flood other African countries. Procter & Gamble that opened last year in Agbara is about to close now. What can we export to bring in money? We are simply in a position of weakness. USA/Trump can make nyanga because their internal market is massive due to a large wealthy population. Our population is large but about 70% live only on $1 per day. 4 Likes |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by kabarka(m): 1:00pm On Jul 04, 2018 |
yemaldo: You're amazing. 2 Likes |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by ghostmist: 1:04pm On Jul 04, 2018 |
Articul8:Isn't it time to prop up our local industries to take over markets in those other countries? We claim to be the giant of Africa, yet we are unable to dominate smaller African countries. Nigeria ought to be the china of Africa. 3 Likes |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by saintaustine(m): 1:06pm On Jul 04, 2018 |
lilfreezy: Read and like the sense able comment above you, and stop posting nonsense and meaningless write up. 4 Likes |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by freshinko: 1:10pm On Jul 04, 2018 |
Whichever decision Nigeria takes, some sacrifices will still be made. |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by CSTR1005: 1:12pm On Jul 04, 2018 |
I believe buhari is the worst leader in the world, but a free trade agreement is not a good deal for us. We don't have power, or infrastructure as a selling point. Our greatest strength is our market size, and we can't allow Chinese companies in Ethiopia, and European firms in North Africa to flood our country with cheap goods. Nigeria should do the gritty hard work of development on its own. It is just a shame the president is not smart enough. 8 Likes 1 Share |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by IBBG(m): 1:13pm On Jul 04, 2018 |
i'm not a fan of buhari, but for this one alone i'll give him credit for abstaining. This deal will not benefit us now as we are not yet at that level. May be in the future, when we have fixed issues that makes our local products uncompetitive due to the high cost of production. 9 Likes |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by OfficialAPCNig: 1:13pm On Jul 04, 2018 |
sagitariusbaby:May the God of Heaven, Defender of the defenceless and the Righteous Judge grant you all the good things you have ever wished for. |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by shizzy7(f): 1:15pm On Jul 04, 2018 |
lilfreezy:No, it won't create room for any competitive economy. Do more research and read the DETAILS of the deal, it like an economic colonalisation. Thanks to Akinwunmi Adesina and Olusegun Aganga, they started the protest against Nigeria signing it. 8 Likes |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by CSTR1005: 1:15pm On Jul 04, 2018 |
ghostmist:Electricity, insecurity, political and economic instability. The three main devils keeping Nigeria below its weight as an investment destination. 1 Like |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by SalamRushdie: 1:16pm On Jul 04, 2018 |
With a population of 180 million and the untapped potential to be Africa first mega economy Nigeria was naturally poised to be the greatest beneficiary of this free trade pact but our anachrone president is more interested in reenacting and chasing some 18th century vision of uthman Danfodio .... this is the sad reality ..At this stage Nigeria should be planning on who to conquer the entire African economy and not planning on how to conquer small middlebet belt tribes in the name of some archaic religious script 2 Likes 2 Shares |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by Wallade(m): 1:17pm On Jul 04, 2018 |
I think the free trade pact is not in the best interest of Nigeria with respect to local industries and national employment 3 Likes |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by Balyz: 1:19pm On Jul 04, 2018 |
sagitariusbaby:Shut up! You don't care about any northern Christians |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by CSTR1005: 1:19pm On Jul 04, 2018 |
shizzy7:More like thanks to the Manufacturing association of Nigeria. They lobbied Seriously against it. If you want to praise anybody in govt, then praise the minister of trade and investment. 7 Likes |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by ghostmist: 1:19pm On Jul 04, 2018 |
CSTR1005:You're right. With the way things are going, I don't suppose we would ever get it right. It's either we restructure or disintegrate the country. 2 Likes 1 Share |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by BreakupNigeria: 1:19pm On Jul 04, 2018 |
Why?? |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by OfficialAPCNig: 1:19pm On Jul 04, 2018 |
Articul8:What are you protecting? This is an opportunity for this country to access over 1.5 billion consumer market, but the dullard is too dull to notice. Protectionism against western companies is understandable but not against a poorly developed African manufacturing sector. Tell me an African country whose foreign sector is a threat to our domestic sector? Which indigenous African products can rival ours? This is an opportunity to send our locally manufactured products to other African countries yet we fumbled. What makes you think South Africa rushed to sign that? |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by EternalTruths: 1:19pm On Jul 04, 2018 |
sagitariusbaby: I lost my respect for those 2 when they supported APC. Truly, 2015 exposed them as fake Christians and bloody Tribalists. |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by Nobody: 1:20pm On Jul 04, 2018 |
IBBG: Am happy to see that Nigerians who actually use them brain still exists in dis country, most of the graduates we are churning out are mostly useless crammers with useless certificate which they can't even defend after finishing school 3 Likes |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by OfficialAPCNig: 1:20pm On Jul 04, 2018 |
cana882:Illiterate! |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by shizzy7(f): 1:22pm On Jul 04, 2018 |
CSTR1005:Yes, it was actually Olusegun Aganga and Adesina that propagated it at first before MAN took it up. Buhari would have signed before flipping through any page. 2 Likes |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by OfficialAPCNig: 1:23pm On Jul 04, 2018 |
baby124:Your lord and saviour just cost us a 1.2 billion sized consumer market. Illiterates everywhere. |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by EternalTruths: 1:24pm On Jul 04, 2018 |
CSTR1005: What Africa needs is Fair Trade and not Free Trade. Fair Trade is a Trade in which Protectionism and Free Trade are balanced. I won't advice any country to subscribe to free trade. 4 Likes |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by jomoh: 1:25pm On Jul 04, 2018 |
AreaFada2: Is that not the reality? We don’t have anything to offer and we have not had anything to offer for over 30years. We use the money we get from crude oil to buy everything we need. We can’t even produce what we consume. PMB now came and ban most of these things from importation that we should start producing locally people are now against him. The little money we get from crude oil that is not enough to sustain our overbloated population we were using it to import. Now some people have come up with a strategy again to make nigeria a dumping ground for foreign products and PMB has once again refused. PMB by far has the best policies that puts Nigeria first in anything. The only shortcoming is the security issue. 13 Likes 2 Shares |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by OfficialAPCNig: 1:25pm On Jul 04, 2018 |
bozzyjoan:Do you know how your Tasty cube seasoning business would have benefited from that deal? Your high lord and saviour just cost you a 1.2 billion sized consumer market. Illiterates everywhere. |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by OfficialAPCNig: 1:30pm On Jul 04, 2018 |
jomoh:You are as dumb as Buhari. AU is a community of 55 nations not Nigeria and South Africa. Buhari just cost us a 1.2 billion consumer market. If SA bests us in certain goods, can they best us in Agricultural products? 2 Likes 1 Share |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by jomoh: 1:30pm On Jul 04, 2018 |
OfficialAPCNig: Tell us what you have to offer the market that others don’t have in superior quality? Signing such agreement is signing free trade with the whole world cos all this francophone countries don’t produce anything they only repackage European and Asian goods only to find a dumping ground for it and which country has the largest population with enough purchasing power than nigeria. 8 Likes |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by abc115: 1:30pm On Jul 04, 2018 |
Thank you President Buhari 3 Likes |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by OfficialAPCNig: 1:30pm On Jul 04, 2018 |
jomoh:You are as dumb as Buhari. AU is a community of 55 nations not Nigeria and South Africa. Buhari just cost us a 1.2 billion consumer market. If SA bests us in certain goods, can they best us in Agricultural products? Nigerian electric cables is one of the best in the world. |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by Ramsey247(m): 1:31pm On Jul 04, 2018 |
For the first time this Govt has taken a good decision. We do not need it for now. Next step is to build our border walls to prevent smuggling. These African countries have been using us. 8 Likes |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by OfficialAPCNig: 1:32pm On Jul 04, 2018 |
mvem:Keep disgracing your certificate Illiterate. Ghana signed it. Do you know what 1.5 billion comsumer market means for our economy? |
Re: Nigeria Abstains, As 49 AU Members Sign Free Trade Pact by Ramsey247(m): 1:37pm On Jul 04, 2018 |
OfficialAPCNig:Kindly mention 1 comodity that Nigeria has attained self reliance on outsite oil. We import virtually every thing. Thus, we need to make money from import duty. 2 Likes |
(1) (2) (3) (4) (5) (6) (7) (8) (Reply)
President Muhammadu Buhari, The Service Chiefs Are Meeting Now / Festus Adedayo : The Festus They Thought They Could Pull Down / Simple Agenda: Ize-Iyamu Plagiarising My Intellectual Property ― Pedro Obaseki
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 64 |