Aconomist:


Chinese agriculture is primitive compared to the west. Europe can average 400 tons per hectare in tomatoes, China can get maybe 40 while we get 4.

Lol. Baba your research is old. Try Wikipedia and check production of let's pick a few of cotton, tilapia, groundnut, of China. When you finish with that research you'll have updated your information Sir

cktheluckyman:


This is page 2 and how come no one addressed this fallacy? is Orji Uzor Kalu not a Billionaire in US dollars which I assume is what you are referring to

https://www.forbes.com/profile/orji-uzor-kalu/?sh=2c503fd42e44

Forbes gives him $330 million.

Igbochief001:

Tech is easy to develop today simple backwards engineering can do that that's not the issue

Our issues is mostly focusing on areas we don't have comparative advantage

If biafra was independent ...we would be supplying africa guns n bullet that's a multi billion dollars industry and no matter water we import our difference would be positive , same can go for cloths , and electrical and metal works

China is the world largest steel producer yet imports iron ore

China imports iron ore not because it needs it but because it wants to create a dependency on itself from Europe and US and to strip the world of iron raw materials and force the world to depend on itself


Biafra doesn't need to be independent to do anything. Whatever we need by virtue of giving excuses we can try to attain and achieve inspite of constrains and attain proactive productive Ness. Simple.


The Ndigbo needs to out on its thinking cap. It's not presently.?


Are you aware multiple SW companies are setting up mega alternative power production plants?



Are you aware the likes of ife any MBA and Co were given licenses to setup refineries which would have created jobs for igbo youths but that full and his likes didn't do it because importation is easy and fast money?

RedPanthar:




China imports iron ore not because it needs it but because it wants to create a dependency on itself from Europe and US and to strip the world of iron raw materials and force the world to depend on itself

Nah it needs it china consume more of it's iron than anyone else ...80% is used by china

China used more iron in 5 years than USA in the last 100 years

Aconomist:
Many Igbos will make the excuse that the Federal Government is favoring Northerners, but I don't think this is the case. Nigeria is a pay to play system, and if you grease the right palms, doors will open for you. Also, the government will naturally favor a company that is in line with its import substitution policy over a company that is brainlessly importing and draining FOREX.

It is very alarming that, among the Nigerian billionaires, none are Igbo. 2 Fulani, and 3 Yoruba. Real wealth comes from value creation, not hustling and petty trading

Apart from not knowing about the politics that trailed cement production, you also don't know the politics that trails forex in CBN. Sorry.

Igbochief001:

Nah it needs it china consume more of it's iron than anyone else ...80% is used by china

China used more iron in 5 years than USA in the last 100 years

Trust me. The world's iron studies dey my left palm. I'd you think I lie go into history and research on Barack Obama's first law he passed into action and what he did in that action he took in relation to Chinese greed for global iron.



It won't even be so forever. With advanced space technological innovation the world will be mining iron from deep space and also extracting iron from. Ores that were previously too stable to isolate iron molecules from.

I'm not an igbo but Ndigbo elites doesn't know what it can with its youth which is what makes me sad. God bless the likes of TONIMAS. Even on him low key, I like what he's doing in the SE

Igbochief001:

The igbo tomatoes paste manufacturer that cried and cried how far ?

Igbos don't invest for investment sake ...if the conditions are right why not ?

Igbos only manufacturer things that we have comparative advantage over , that's things we can produce cheaper than their landing cost ...we are big time capitalist ...100% capitalist ...when rice milling became profitable no body told Igbos to enter rice simple ...

Igbos can't be as big as dangote because most are first generation wealth it's difficult and the fact they carry alot of people along so alot of relations dominate a sector rather than one man

Erisco Tomato cried and cried and cried over forex whossai! I feel like slapping the the kid OP!

ChoCho54:
Apart from not knowing about the politics that trailed cement production, you also don't know the politics that trails forex in CBN. Sorry.

Stop making excuses. When the Chinese manufacturers in Lagos needed forex, they will sell something like timber or gold to counterparties in China to get the currency they need for production. If you really want to produce, nothing can stop you.

With that being said, if the federal government is playing ethnic politics with forex, that is grounds for war.

RedPanthar:





Trust me. The world's iron studies dey my left palm. I'd you think I lie go into history and research on Barack Obama's first law he passed into action and what he did in that action he took in relation to Chinese greed for global iron.

China's low labour makes them produce iron as such a cheap rate none of their competition could keep up maybe just india

The rest competitors are far developed nations with very expensive workers

Aconomist:


https://www.forbes.com/profile/orji-uzor-kalu/?sh=2c503fd42e44

Forbes gives him $330 million.

2015

.

ChoCho54:
Erisco Tomato cried and cried and cried over forex whossai! I feel like slapping the the kid OP!

Erisco na small boy wey carry wetin pass am


He didn't have a model. Was Dangote not his competitor. Today isn't Dangote saying the country should ban tomato paste importation


Do I tell you what Dangote did. It wasn't about financial. Leverage bit smartness



While ERISCO was struggling to farm 1000 acres. Dangote went to all villages producing tomatoes. As much as 50,000 acres productiveness parley with them to get their produce since they had issue with transportation and preservation. He buys extremely low and cash in on their guibility and can use the excessive funds saved to import materials. He started with a smart plan. ERISCO didn't even have one

cktheluckyman:


2015

The list is updated every year. There are no Igbos, as of 2020

https://en.wikipedia.org/wiki/Black_billionaires

RedPanthar:



What glorious excuse


Lol


Infinity cereals is in ibadan doing their best with cereals and biscuits


There are many good igbo furniture makers and mattress makers

Vita foam

Purebliss is making biscuits and wafers


In this same bad Nigeria o


FreshYo is making yoghurt and cream

It's hi time people accept the myth of the igbo man's greatness is purely assumed the reality



Go to akwa I on and cross river. So and see their state governments breaking grounds setting up. Companies. Abia did the same with shoe making support systems.

Chief economist,tell us why a lot of manufacturing companies including michelin have left nigeria.

Igbochief001:

China's low labour makes them produce iron as such a cheap rate none of their competition could keep up maybe just india

The rest competitors are far developed nations with very expensive workers

There's nothing about cheap labor to the extent of causing other nation to not develop. Even the steel. Mills in Warri can produce iron for local markets consumption. Black people have mental laziness. Period

Aconomist:
That is not entirely true. Igbos don't lack wealth or capital. The problem is that most wealthy Igbo tend to brainlessly amass land instead of using their capital for production. This, I believe, is a major reason why the SE is underdeveloped.

If you want to look at land wealth in Nigeria, Igbos are probably the wealthiest in Nigeria. The capital is simply being misallocated to non-productive investments.

SE is not underdeveloped!
Shut your mouth and travel! Apart from Lagos, our Lagos, which town in SW is developed?

Do you even know where you come from originally?

Your Abules are deserted with few old folks and goats and chickens. All the roads are erosion washed!

You all ran to Lagos while fulani came in and occupied.

Conrod:
Chief economist,tell us why a lot of manufacturing companies including michelin have left nigeria.

Nor attack me nah. We dey quarrel


You first tell us how Indigenous producers are working fine


Pure Bliss is a Nigerian brand

Infinity cereals

Hollandia yoghurt

Nasco Cereals

Eva soap




Now let me answer you not the newspaper rumour


Did you know Michelin was listed on the stock exchange and could raise up funds to build up and scale up its productiveness?


Every company has the freedom to exercise it's will to pull funds from the stock exchange market. Dangote keeps repeating and rinsing it and pays immaculate and terribly low dividends. BUA has watched his model and is using it



Who has caused southern producers to not do this tell me?

RedPanthar:





There's nothing about cheap labor to the extent of causing other nation to not develop. Even the steel. Mills in Warri can produce iron for local markets consumption. Black people have mental laziness. Period

Your commentary is spot on. Blacks are stagnant people.

Read here about the Chinese manufacturers coming to Nigeria to produce:

https://www.ft.com/content/9f5736d8-14e1-11e9-a581-4ff78404524e

RedPanthar:
I've always said it, the myth of the igbo man's greatness is merely assumed than is factual

Your forefathers died fearing Igbo domination. Don't forget that.

Conrod:
Chief economist,tell us why a lot of manufacturing companies including michelin have left nigeria.

Michelin left Nigeria because Igbos flooded the market with imported second-hand tires from the U.S. and Europe. New tires can never compete with used retreaded nonsense that sells for 1/10th the price. Nigerian customers don't value quality.

Aconomist:
Your commentary is spot on. Blacks are stagnant people.

Read here about the Chinese manufacturers coming to Nigeria to produce:

https://www.ft.com/content/9f5736d8-14e1-11e9-a581-4ff78404524e

Manufacturing is purely mental activity. It's more mental than resources based alone



Chrysler imports it's raw materials. From over 70 producers across the world.GNLD IMPORTS OVER 50 RAW MATERIALS. FOR ONE OF IT'S PRODUCTS. IS IT EASY TO SOURCE FOR RAW MATERIALS FROM. DIFFERENT PLACES TO PUT TOGETHER AS ONE?

Aconomist:
Your commentary is spot on. Blacks are stagnant people.

Read here about the Chinese manufacturers coming to Nigeria to produce:

https://www.ft.com/content/9f5736d8-14e1-11e9-a581-4ff78404524e

Do not digress to Black people. Stay on the miserable topic

ChoCho54:
Your forefathers died fearing Igbo domination. Don't forget that.

Sorry dear. I've never met an igbo that could compete my level of astuteNess. Sorry

You picked the wrong person to fight this nonsensical fight with


I've not in anyway spoke I'll about Ndigbo or put it down in anyway yet you think you can take me for a ride. There's nothing Ndigbo is that I'm not. More. We can put it to test here and now.

Aconomist:
Michelin left Nigeria because Igbos flooded the market with imported second-hand tires from the U.S. and Europe. New tires can never compete with used retreaded nonsense that sells for 1/10th the price. Nigerian customers don't value quality.

No point engaging this zoneB any further. Hiss!

RedPanthar:




Sorry dear. I've never met an igbo that could compete my level of astuteNess. Sorry

You picked the wrong person to fight this nonsensical fight with


I've not in anyway spoke I'll about Ndigbo or put it down in anyway yet you think you can take me for a ride. There's nothing Ndigbo is that I'm not. More. We can put it to test here and now.

Lol.. online guru!

You are a nobody mahn!

Aconomist:
That is not entirely true. Igbos don't lack wealth or capital. The problem is that most wealthy Igbo tend to brainlessly amass land instead of using their capital for production. This, I believe, is a major reason why the SE is underdeveloped.

If you want to look at land wealth in Nigeria, Igbos are probably the wealthiest in Nigeria. The capital is simply being misallocated to non-productive investments.

If you look at Land Wealth the Royal Families are the Wealthiest. Imagine a single family owning all the Land in Victoria Island another Family Owns all the Land in Ikoyi Lagos.

Manufacturing needs lots and lots of expertise and Patience but it is a good endeavour.

RedPanthar:




Erisco na small boy wey carry wetin pass am


He didn't have a model. Was Dangote not his competitor. Today isn't Dangote saying the country should ban tomato paste importation


Do I tell you what Dangote did. It wasn't about financial. Leverage bit smartness



While ERISCO was struggling to farm 1000 acres. Dangote went to all villages producing tomatoes. As much as 50,000 acres productiveness parley with them to get their produce since they had issue with transportation and preservation. He buys extremely low and cash in on their guibility and can use the excessive funds saved to import materials. He started with a smart plan. ERISCO didn't even have one

Shut up! I'm not engaging any further on this.

Aconomist:
If the Igbo's only business strategy is to brainlessly import and plough funds into real estate, they will stagnate Nigeria. What if Dangote thought the way you are thinking? Would he be the richest man in Africa?

Importation is just fast money and land is just lazy money. Real wealth comes from value-added manufacturing.

Quit your lame arguments! Dangote is the richest man in Africa, as you put it, primarily because of the backing he got (both overt and covert) from the federal gov’t....monopoly being just a part of it!

Christistruth00:


If you look at Land Wealth the Royal Families are the Wealthiest. Imagine a single family owning all the Land in Victoria Island another Family Owns all the Land in Ikoyi Lagos.

Which family is that?

Aconomist:
Which family is that?

Oniru Royal family owns Victoria Island Land and onikoyi Royal family owns Ikoyi in Lagos Land.

The Ojora area Land of Lagos belongs to the Ojora Family the Oluwa family owns Apapa Land

I head Bianca Ojukwus family owns half of Enugu Land