NewStats: 3,263,530 , 8,180,449 topics. Date: Friday, 06 June 2025 at 11:23 AM 4sq5v

q6w2h

Why Igbos Need To Embrace The Free Trade Zone Idea - Politics (2) - Nairaland 5i4t2

Why Igbos Need To Embrace The Free Trade Zone Idea (817 Views)

(4)

Go Down)

Justnation: 2:46pm On May 30
[quote author=Ttalk post=135557346]Why do you like naming others for your inefficiency.

Tinubu conceived and birthed Free Trade Zone In Lagos today the place is filled with industries with Dangote Fertilizer and Dangote. Refinery as Nigeria industry yet you and your people abuse same man but Peter Obi you praised as the best governor didn't to establish one.

Now you claim it is marginalisation rather than it your leaders have been sleeping[/quote








Stop all these stupid lies to promote tinubu.
Most of the Free trade zones in Lagos were established before tinubu became governor, and the rest by fashola.
Tinubu didn't establish even a single Free trade zone.
I don't know why you people will be senseless lies to promote a failure in governance]

2 Likes 1 Share

Difrent: 5:56pm On May 30
JagabanBorgu:


Okrika is a booming business in Nigeria today because of lgb0s, the importation of okrika kiIIed the Nigerian garment sector from different parts of the country, that's a clear case of lgb0s being against others but we all pretend we are not aware.
99% of fabrics produced in Aba are adulterations of existing brands, the Fendi, Balenciaga, Bonetta Vendetta, Adidas, Nike etc etc, every fake brand u see in Nigeria today comes from Aba, they are banking on the success of those brands by adulterating them yet same people are talking about growth.
The musician Zlatan started a clothing line, before he could kick off, adulterations appeared in Aba, coming from people claiming to be so smart.



People like the Op won't say this even though they know.
What about the pharmaceutical industry, no be them still dey import all the fake drugs worth trillions and hide them In unsanitary conditions in other sections apart from pharmaceutical section

My joy be say igbos are not the majority in this country, if not we for see oppression and intimidation of the highest order

3 Likes 1 Share

Kemetian: 6:18pm On May 30
Ofodirinwa:
Free trade zones are a scam western multinationals sold dumber, poorer countries. They want to make their money without taxes so that nobody benefits from their presence except the multinational. Then, the leader (usually corrupt) will tell the people they should be grateful the company is there. So you have a free trade zone where a multinational makes 1billion USD a year. No tax, but they will say '700 jobs were created' '2000 jobs were created'. The more jobs the more they underpay, the less jobs the more they higher their own foreign people.

Free trade zones can work for the local economy if the government stipulates that a certain percentage of slots will be allocated to indigenous firms. At least 50% in my view.

1 Like

Ofodirinwa: 12:59am On May 31
Kemetian:


Free trade zones can work for the local economy if the government stipulates that a certain percentage of slots will be allocated to indigenous firms. At least 50% in my view.

all of these bantustan economic policies have been scamming 3rd world countries for 40 years now and they don't work. None of them work. Why would you allocate slots to indigenous firms?

Free trade zones don't work
'New Cities' don't work
'foreign investment' doesn't work.

So when all the indigenous firms move there and pay no taxes, what happens to the places they used to be? What happens to the tax revenue they used to pay? Businesses have convinced corrupt african leaders that the business is benefiting the country more than the country is benefitting the business. That is nonsense.


Why do check to see what the indigenous firms need to grow and make it available? Nothing is gained from losing tax revenue.

2 Likes

JagabanBorgu: 1:28pm On May 31
Difrent:


People like the Op won't say this even though they know.
What about the pharmaceutical industry, no be them still dey import all the fake drugs worth trillions and hide them In unsanitary conditions in other sections apart from pharmaceutical section

My joy be say igbos are not the majority in this country, if not we for see oppression and intimidation of the highest order
We all pretend we don't see issues to maintain the fragiIe peace we have.
JagabanBorgu: 1:29pm On May 31
mrvitalis:

There is a reason why the top economics on earth are earths biggest importers

Importation is never a problem lack of exportation is...
When you are importing what you have the resources to produce and can produce even producing, then you go ahead to import it, u kill it.
U can't export what you are not producing, those exporters that imports, import majorly what they are not producing or lacking.

1 Like 1 Share

JagabanBorgu: 1:30pm On May 31
mrvitalis:

Sometimes keep quiet if you dont know about a sector

Nigerian government policies on fabrics makes it easier to import finished goods ( garments) than raw materials fabrics

Because u want to protect an unviable northern fabrics factories

Make fabrics imports duty free and watch okrika go away
Give me a list of the policies that makes importation of garments more viable than production, you know so much, I expect you to detail those policies.

1 Like 1 Share

JagabanBorgu: 1:46pm On May 31
Good2go1:
If you sincere to yourself you won't
be asking this question. Let me give you one example. Buhari started standard rail project from Lagos to north and down to Niger republic leaving out the region that need it the most.
This is just one example
https://www.google.com/amp/s/www.vanguardngr.com/2022/09/65-of-containers-from-abroad-end-up-in-southeast-niwa/amp/

Also Nigeria national gas pipeline was designed to take gas out southeast to every other region but excluded SE states

Should I also remaind you of recent JAMB glitch

Igb0s and sincerity are two worlds apart.
Buhari also started another rail project from Maiduguri to Port Harcourt that's ing through SE, meanwhile states like Benue Plateau, Kogi, Nasarawa, Taraba, Cross River, Akwa Ibom, Bayelsa etc don't have any of the rail project ing through them, but they are not çryîñg that Nigeria is against them, u Iots should reaIIy be ashamed of urseIves.



Pipeline are always designed to take gas from where there's abundance to where there's little supply, it is impossible to take gas from a place to every place without giving out gas in such places, clearly shows u have no idea about gas pipelines.



I'm sure the whole glitch happened only in SE?

Pàthètîc bunch, can't provide any meaningful statistics to back their marginalization claim other than empty talks that holds no water.
Tell us how state govts in SE wants to build this or that and got denîèd but other governors are allowed to do same thing.
Tell us how federal allocation is not given to lgb0s, tell us how lgb0s are not allowed to have representatives in national assembly, u lots are reaIIy pàthètic, "marginalization" is a seIf assumed theory propounded by lgb0s.

1 Like 2 Shares

mrvitalis(m): 3:13pm On May 31
JagabanBorgu:

Give me a list of the policies that makes importation of garments more viable than production, you know so much, I expect you to detail those policies.
Import duty on fabrics
mrvitalis(m): 3:16pm On May 31
JagabanBorgu:

When you are importing what you have the resources to produce and can produce even producing, then you go ahead to import it, u kill it.
U can't export what you are not producing, those exporters that imports, import majorly what they are not producing or lacking.
The idea you don't import what you can produce is primitive economics

The fact you can produce something doesn't mean you should produce it... The question is can you produce it's efficiently? That's the most import thing

Especially raw materials that other industries depend on

1 Like

Ttalk: 4:51pm On May 31
Ofodirinwa:
Free trade zones are a scam western multinationals sold dumber, poorer countries. They want to make their money without taxes so that nobody benefits from their presence except the multinational. Then, the leader (usually corrupt) will tell the people they should be grateful the company is there. So you have a free trade zone where a multinational makes 1billion USD a year. No tax, but they will say '700 jobs were created' '2000 jobs were created'. The more jobs the more they underpay, the less jobs the more they higher their own foreign people.

Is Dangote a multinational? The way some people reason eh

1 Like 1 Share

Ofodirinwa: 8:35pm On May 31
Ttalk:


Is Dangote a multinational? The way some people reason eh

Yes. Are you ok?

1 Like

Cromagnon: 7:44am On Jun 05
Kemetian:
Why must you import fabrics?

Professional importers.

The people you are importing it from, do they have two heads?

Why don’t you make the fabrics so they can import from you?

All these import duties are there for a reason - to reduce capital flight and encourage local innovation and industry.



is not working
Cromagnon: 7:49am On Jun 05
Ofodirinwa:
Free trade zones are a scam western multinationals sold dumber, poorer countries. They want to make their money without taxes so that nobody benefits from their presence except the multinational. Then, the leader (usually corrupt) will tell the people they should be grateful the company is there. So you have a free trade zone where a multinational makes 1billion USD a year. No tax, but they will say '700 jobs were created' '2000 jobs were created'. The more jobs the more they underpay, the less jobs the more they higher their own foreign people.
Pentagon007: 9:36am On Jun 05
mrvitalis:

China is the biggest importer on earth just after USA

Don't you have Google?

Hahaha You just realized that you are talking to some kind of empty heads with Zero idea on how economy and production functions😂 The slowpoke you quoted does not know that China is about the highest importer in the world of mostly raw materials needed for their industries. From energy(petroleum )to rare earth metals to semi conductors needed for machines, to agricultural products, to several others. Most of those people on this thread never know the reason for US-CHINA trade war. China is an import behemoth. You can't productive economy without having to import needed raw materials. These are the morons ing fellow moronic leaders implementing stupid policies.
mrvitalis(m): 9:59am On Jun 05
Pentagon007:


Hahaha You just realized that you are talking to some kind of empty heads with Zero idea on how economy and production functions😂 The slowpoke you quoted does not know that China is about the highest importer in the world of mostly raw materials needed for their industries. From energy(petroleum )to rare earth metals to semi conductors needed for machines, to agricultural products, to several others. Most of those people on this thread never know the reason for US-CHINA trade war. China is an import behemoth. You can't productive economy without having to import needed raw materials. These are the morons ing fellow moronic leaders implementing stupid policies.
Sad thing is that they are in the majority
MXrep: 10:32am On Jun 05
JagabanBorgu:

Igb0s and sincerity are two worlds apart.
Buhari also started another rail project from Maiduguri to Port Harcourt that's ing through SE, meanwhile states like Benue Plateau, Kogi, Nasarawa, Taraba, Cross River, Akwa Ibom, Bayelsa etc don't have any of the rail project ing through them, but they are not çryîñg that Nigeria is against them, u Iots should reaIIy be ashamed of urseIves.



Pipeline are always designed to take gas from where there's abundance to where there's little supply, it is impossible to take gas from a place to every place without giving out gas in such places, clearly shows u have no idea about gas pipelines.



I'm sure the whole glitch happened only in SE?

Pàthètîc bunch, can't provide any meaningful statistics to back their marginalization claim other than empty talks that holds no water.
Tell us how state govts in SE wants to build this or that and got denîèd but other governors are allowed to do same thing.
Tell us how federal allocation is not given to lgb0s, tell us how lgb0s are not allowed to have representatives in national assembly, u lots are reaIIy pàthètic, "marginalization" is a seIf assumed theory propounded by lgb0s.
Yoruba comparison is always funny. We are talking geopolitical zone you are mentioning states. The pH Maiduguri line ed through only two states in SE
JagabanBorgu: 9:22am
MXrep:

Yoruba comparison is always funny. We are talking geopolitical zone you are mentioning states. The pH Maiduguri line ed through only two states in SE
U are so 0bsessed with Yoruba so u think everyone is a Y0ruba.
The Lagos to Kano didn't through NE, SS and SE, guess who's çryîñg about marginalization, it's SE.
same Lagos - Kano rail es through 2 states in other regions, highest I is 3, the only reason u all talk about marginalization and we keep quiet is because nobody takes u serious.
There are so many states in the country without a single railroad project ing through them.
You were saying I mentioned states, I didn't mention states, I mentioned states with entire tribes that don't have railroads ing through them yet those tribes are not çryîñg marginalization like u çry babîès from SE.

Reply)

Can Lamorde Arrest And Prosecute Obj And Co.?

(Go Up)

Sections: How To . 50
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland.