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Nairaland Forum / Nairaland / General / Politics / Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion (33640 Views)
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Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by Blue3k(m): 11:57am On Nov 03, 2019 |
nototribalist: Lol says the poverty capital of world. You weirdos already agreed. If you guys are just liars just say so. Its the Nigerian economy that going to take the major hit not Ghana's due to border closure. Notatribalist: High growth economies without boko haram. 1 Like 1 Share |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by Nobody: 12:00pm On Nov 03, 2019 |
vaxx2: my friend stop talking out of ignorance, power is only a factor if fuel is a significant portion of your input costs. Not every industry is heavily geared to power as an input cost. No doubt power is a factor for some industries but interest rates, poor bank lending, smuggled goods are bigger impediments to the majority of industries than power. So stop making blanket statements |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by Area4Area: 12:01pm On Nov 03, 2019 |
LabDNA:Calabar port is there and open for business, the closure is not permanent, let those leeching countries sought themselves out |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by olril17(m): 12:01pm On Nov 03, 2019 |
sonature1:exactly |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by Area4Area: 12:02pm On Nov 03, 2019 |
SarkinYarki:More had moved into it as we speak |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by vaxx2: 12:03pm On Nov 03, 2019 |
isthatso:once you can reason let me know? without electricity infrastructure, your industrialization agenda is in jeopardy. |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by BUSINESSARENAA(m): 12:03pm On Nov 03, 2019 |
Rafiq2: I don't blame you, you have not ran business in this country, probably you are a salary earner or you are being spoon fed. No nation is totally independent when it comes to trade, not even USA, you must import and export that's called trade balancing. Your myopic brain and mind did not also realise that what am bringing in is a raw materials for a finished goods meant for export from Nigeria. Stop reasoning like cow please, and spare me your dwarf reasoning by getting off my mention. You don't know how much loss I have incurred in this mess. 4 Likes 1 Share |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by Notatribalist(m): 12:04pm On Nov 03, 2019 |
Blue3k:Ecowas without Nigeria is as good as nothing, so we have the bargaining power. Why do you think ecowas have not issue any statement since the border closure started? 1 Like |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by Sammysparkcutie: 12:08pm On Nov 03, 2019 |
If the federal government cannot come up with lasting solution in tackling insecurities on all our land borders, it should be closed. |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by BUSINESSARENAA(m): 12:08pm On Nov 03, 2019 |
Notatribalist: The product am bringing from Mali is from Mali. The hides is from camels skin, I go to Mali and join them in roasting it, with fire and then later with the high intensity sun found in the area, its not something you just come and buy ready made , if not they will sell rubbish to you, as you won't get the desired quality, so to a large extent, I am involved in the processing of those hides and skin. This is also a raw materials for other finished goods in Nigeria that are exported, that's the irony of the whole thing. This policy is a poor policy, it is not good for the economy of the nation. |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by Area4Area: 12:10pm On Nov 03, 2019 |
Blue3k:Story for the gods, tell us who signed for the corridor from both sides. Very soon your factories will start relocating to Nigeria because Nigeria has been their target market, we've sent them a serious message already |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by Nobody: 12:12pm On Nov 03, 2019 |
vaxx2: so how do you explain the industries producing today? get a brain. if you can run your plants on diesel and still make a profit, lack of electricity will not halt your business, have you ever heard that cocacola or guiness or Unilever are leaving Nigeria because there is no electricity? is it not this same no light Nigeria that indomie set up in 1989 and became what they are? There are some industries that cannot survive on Generators, e.g those requiring furnaces but ......not every manufacturing industry is the same. only a fo0l makes blanket statements like that in an attempt to sound knowledgeable. 2 Likes |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by nototribalist: 12:12pm On Nov 03, 2019 |
Blue3k: Una go suffer this Christmas, our borders are closed for life. Thieves. Ghana and South Africa are two xenophobic countries that we will use this border closure to deal with. Fools 1 Like
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Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by Japhet31: 12:13pm On Nov 03, 2019 |
Chubhie: I totally agree with you on thus.. hopefully we'll come up with a better plan soon 2 Likes |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by Area4Area: 12:15pm On Nov 03, 2019 |
Gilgil:We are taking our time, na small small. |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by lexy2014: 12:15pm On Nov 03, 2019 |
Area4Area: Am not aware that any country is leeching Nigeria. Am sure u can mention those countries and how they are doing it |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by BUSINESSARENAA(m): 12:17pm On Nov 03, 2019 |
luminouz: Which inland dry port, I was hoping you mention specifically the inland dry porta and the routes, that why I have to state clearly where my goods are coming from, so that anybody that wants to counter will come up with a smart and specific idea , but no. Tell me specifically the dry ports and how to use them, from Mali, please be very detailed in your explanation about that, the time it takes, the process, cost to etc, my market is in Onitsha. Also remember these things have a time frame it will be under a confined environment and it will loose quality and this loosing value. Yes I am speaking out because it affects me, I am loosing millions so I should shout out, you know what that means to loose millions in this hard times? You people did not also realise that this is also a raw materials for other finished goods that are being exported. 2 Likes |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by lexy2014: 12:17pm On Nov 03, 2019 |
Area4Area:What is wrong with d land borders? Y don't they (textile importers) pay d correct duties? Who collects d incorrect duties from them? What is d job of d customs? Are there no customs officials at d borders? |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by Area4Area: 12:18pm On Nov 03, 2019 |
Blue3k:Allow the Nigerian economy to suffer and stop begging us to open our borders to your crappy goods, we know Ghana is the richest country in the world |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by vaxx2: 12:18pm On Nov 03, 2019 |
isthatso:The only problem with you is your porous thinking. Do you know how many workers will have been working with Guinness, Coca-Cola and the others you mentioned . Do you know how many they will have employed assuming there is no additional money going for diesel and petrol? the extra cost will have been used to empower more staffs and bring in more employment therefore contributing to the nation pulse thru tax and other incentives. You stupidly think any country can develop with poor electricity infrastructure ? unilever product are mostly from Ghana |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by PerfectlyPerfect(m): 12:20pm On Nov 03, 2019 |
Honor10:They're actually saying the truth. Some African countries have banned importation of goods from Nigeria, it's telling on our economy. Also, you dont expect someone importing from other African countries to use the ports, do you? |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by lexy2014: 12:20pm On Nov 03, 2019 |
Area4Area: All u have said has no relevance with d questions I asked which are: "Is it only smugglers that use d land borders? Do smugglers not also use air and sea ports?" |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by leokid866: 12:21pm On Nov 03, 2019 |
SarkinYarki: No you are dumb and stupid despite having Google as a friend....I can tell you are a jjc squatting in your guys house in lekki....so please sit and Google the redemption camp....when you have more sense come for me....till then stay out my lane you fake ass...dead ass...broke aSS dumb f*ck. |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by Nobody: 12:22pm On Nov 03, 2019 |
vaxx2: you are the fool because you keep making senseless arguments because you have already made up your mind where you are going and so did not take time to read what i wrote. where did i say a country can move forward with poor electricity infrastructure? you either show the post or apologise. What I said if you care to read again is lack of electricity is NOT A DEAL BREAKER for ALL manufacturing industries. Some yes, some no. Go back and learn English comprehension again!!! 1 Like |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by IamAtikulate: 12:23pm On Nov 03, 2019 |
LazyGold:Says a lazy Yoruba Moslem. Close or open borders, e no consign me |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by renewable1(m): 12:23pm On Nov 03, 2019 |
Really! Sai baba 8 HOURS ELECTRICITY DAILY FROM THE SUN.. CHECK MY SIGNATURE NOW |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by lexy2014: 12:24pm On Nov 03, 2019 |
isthatso: What exactly is my argument if I may ask? I asked u questions. Or don't u no d difference between questions and an argument? U don't need to get emotional as those were very simple questions that u couldn't answer but got d better of u |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by Notatribalist(m): 12:24pm On Nov 03, 2019 |
BUSINESSARENAA:i feel really sad for you bro because I was also into exportation business,realy sorry about this. But in all honesty Nigeria will benefit on a long run. Have you heard of MLM companies like GNLD,TIASHI,HERBALIFE and Co? When they are coming to Africa their first destination is Ghana, and funny enough they survive in Ghana because of Nigeria market.Ghana markets are just Accra and Kumasi, that's all.. So if the borders are closed this companies will have no choice then to come straight to Nigeria, because that's where the real market is. |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by Just30: 12:24pm On Nov 03, 2019 |
Notatribalist:ECOWAS without nigeria is a union bound for success Afrter all, all the major treaties in ECOWAS are brought by Ghana |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by BUSINESSARENAA(m): 12:26pm On Nov 03, 2019 |
Detour00: I should suggest better ways of stopping rice smuggling? First of all Buhari has Ministers, aides and special advisers who he pays bogus salaries and allowances, what exactly are they being paid for it they can't think of smart ideas to run the economy? Secondly if they come up with smart ideas will the President adopt them? Those are the questions you should answer first. Back to your question. How about using drones and helicopters to police our borders, this 21st century for crying out loud and technology has really made everything easy.. Use drones and police, if you see any suspicious movement which entails smuggling, use the helicopters and pursue the culprits, arrest them and prosecute them. Do this effectively and consistently for six months and see smugglers abandon their stock in trade, but no they will not. 2 Likes |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by Notatribalist(m): 12:26pm On Nov 03, 2019 |
Just30:Then go ahead with your success and leave Nigeria out of this. 1 Like |
Re: Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion by vaxx2: 12:26pm On Nov 03, 2019 |
isthatso:And i said you are stupid with such reasoning? electricity is the major infrastructure for any industry. the demand at which it is used may vary . be it minimal or optimal from basic computer to advance warehouse, all need the presence of electricity for smooth buisness running, so foolishly saying a lack of electricity is not a ""deal broker"" shows you are stupid yourself. 2 Likes |
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