The cost of exporting 100 tons of cargo out of Nigeria is $35,000 , it will cost $4,000 in Ghana , $3,800 in Cote D’Ivoire and $4,500 in Cotonou . The Nigerian Customs Service in an enemy of the country , be it tariffs or service .
Our economic complexity is ranked 146/152 .
Your Dad is a Director in the civil service , your Mum too , you have three siblings , you all went to Grange and had your Bsc and Masters in UK and US , neither one had an inheritance that could account for the wealth. Your parents are thieves , you know , we know too .
The Siemens Power improvement plants are currently in Nigeria and being offloaded at the ports as we speak and enroute their predetermined destinations as we speak .
I once said that Nigerian Customs has forgotten that it’s primary duty is trade facilitation and not income generation , they came for my head . Audit the account of all customs officers if what is there tallies with their pay . Devils , all of them .
Nigerian customs has hiked duty for spare part imports from 4M to almost 8M. Same for most other imports.
As you guys are blaming dollar price for the price increases, let us also give customs their due credit. They too are contributing.
Transport from Benue to Lagos carry 2,000 yam tubers N850,000 , loading N100,000, levies across 76 local governments N460,000 , add extortion by Police , Customs , Immigration, NDLEA N400,000 , that’s why a N500 tuber of Yam in Benue sells for N2,500 in Lagos . The NEC can fix it
Unprocessed Cashew nuts is sold at N600,000 a ton .
A ton of processed Cashew nut sells at more than x20.
At over N20m , these are the places Nigeria is leaving money on the table .
The Palm Oil Billionaires . Indonesia being the market leader in global palm oil supplies ( $32.7 Billion)has fourteen ( 14 ) out of its thirty two ( 32 ) billionaires are palm oil tycoons.
But Nigerians think you can tech and service your way out of unemployment and poverty .
MD of Commodities Exchange Commission does not know the price of any commodity. This is how they keep disgracing Nigeria and Nigerians with quota system and cronyism.
80% of the containers on this ship 🚢 leaving Nigeria are empty , the reason isn't because there aren't produce to be exported , but the principalities and powers stronger than any witch or wizard the world has ever seen either factual or fiction . To them SELF before Nation .
Nigeria has two of this scanners , signed contract to be managed by Cotecna and SGS , the
@CustomsNG
rarely uses it anymore , they still prefer to manually inspect , increase delay times for import and exports because of their greed and pockets .
Lagos / Calabar coastal road .
Ilaje in Ondo 45 mins
Warri in Delta in 2hours
Calabar in 4.30 hours .
Is that what your against , cruising a road along the Atlantic shoreline with such a view . You are actually mad .
I've gone through three reports on food prices in 5 days and I sincerely pray whoever wins the 2023 elections knows the task they are up against ,a revolt is loading and it will be triggered by galloping food prices, what we are experiencing now is luxury ,what is coming 😱 😱 😱
A basket of tomato that was selling as low as N18,000 now retails above N50,000 and this has nothing to do with devaluation, APC or Tinubu. If one is ignorant about causes of price spikes of food , it is best to remain silent , than open one's mouth and be seen as a fool .
PDP won in Osun and everyone is happy , the candidate's capabilities didn't matter , it is exactly why I see some comments and know a majority and even so called intellectuals aren't really intelligent.
Demarketing Nigeria at every given opportunity is what you sell , not surprised because that’s the only thing that brought you fame .
Nah Bastard dey point him Papa house with left hand .
I have tried sha , running a poultry with over 300,000 birds barely out of high school , processing 20,000 broilers weekly to supply customers in Lagos , piggery with 200+ pigs ( they stink though ) soybean and maize on 200 hectares , two 30/50 fishponds , feedmilling .
Someone came to the NBA conference and proposed solutions , He was shouted down and they chorused they are going forward with the man who only talked about the problem . So much for an intellectual gathering .
A Cargo flight with Pineapple exports Ecuador to the UK takes 11 hours 23 minutes.
Same flight from Nigeria takes 6 hours 25mins.
Freight cost per Pineapple from Ecuador to the UK £0.57.
Freight cost per Pineapple from Nigeria to the UK £1.70.
Empty Containers , Empty Cargo
When Lagos gets flooded , Tinubu gets the blame , but when you want to talk about it's success you attribute it to Fashola , Ambode and Sanwoolu. It's amazing you can't notice your own silliness .
Igbo politicians will never stop baffling me. You have the rare opportunity of one of your kin being President but instead of supporting and clamoring for him like Yoruba and Hausa people do with their candidates, you look for ways to disrupt and thwart him!
Tufia Kwa!
When Lagos State was the seat of the Federal Government of Nigeria , Ahmadu Bello was being pummelled by ocean surges . Today all the institutions, businesses and residents are no longer at risk because one person made a decision .
Dear Yoruba's, don't let anyone guilt trip you about having ports and building more , their destinies and that of their state lies with them , Lagos isn't impeding anyone's progress , Lekki Port is done and dusted , Badagry next .
Spending N32.3B of public funds on a religious building is why I often say a lot of Nigerian Governors are stupid, surrounded by opaque advisers.
Nigerians seek prosperity , their governors seek poverty . Unfortunately at every turn we blame the Federal Government
@markessien
Nigeria needs at least 15 more governors to have the audacity of
@HonBago
attempt to cultivate 1,000,000 hectares of Land .
With the
@Deere
contract for 600 high-capacity tractors (100-430hp), 200 combine harvesters, 200 bulldozers and 200 excavators . This is immense .
@gboyegaakosile
@PoliceNG
Would the police officer face the necessary penalties, I can see you're quite happy with the situation, one wonders the kind of advice you offer to the governor .
When athletes lose , what they need is support , Nigerians mocking AJ and KU need to really evaluate their lives and find out the root cause of their bitterness . Village people don't do this much .
I know the amount of vitriol I got as an APC member because I didn't support many decisions of government, it didn't stop at abuse only , they went as far as attacking business and relationships , they were vehemently dictatorial, there was no room for contrary opinions .
People steal manhole covers , a vehicle runs into it , it caused multiple vehicle collision , lives lost , rather than condemn the theft Nigerians blame it on poverty and lack of jobs , get to Mowe and you'd see youths with cutlass , diggers , hoes being hired for their daily 5k.
Dear Nigerian Federal Universities students , anyone telling you ASUU is fighting for you and improved educational standards is a liar , you're just a tool ASUU uses to blackmail the government for its own welfare .
I once asked if Nigeria can earn $50B from agricultural exports , yes She can , all it takes is focus . Let’s use Cassava as our case study . Producing 63million tons and accounting for almost a quarter of Global production , Nigeria doesn’t feature in the global trade of it
8 years as a governor , total expenditure on Agriculture inclusive of salaries , allowances , gratuities and pensions was N7.9B , sole importer of Heinz products wants to move Nigeria from consumption to production , if you ask " HOW " , it is followed by a litany of insults .
A barrel of Palm Oil is more expensive than Crude Oil .
Nigeria produces over 40% of Shea butter worldwide but we’ve not developed a cold press system for Shea Stearin that sells for the same value of cocoa butter $14,490 per ton .
P & G can’t compete again , especially when Dr Brown and Molfix have take over the diapers market , and the like of Waw in the detergent market , when was the last time anyone of you bought Ariel ?
This election period has been fun , from Uche Okoye to Nnamdi Chife, Afam and Chuckwudebelu deleting tweets about Obi then packaging him like Ojuelegba shawarma.
Lagos State lured Dangote Refinery to establish at LFTZ , it did same with Lekki Deep Sea , Eko Atlantic , the question you should be asking is why are the governors of 35 other states not doing the same .
Kaduna got more agricultural investments in 8 years than the South East.
In the US, the Governor of Texas would travel to California to lure citizens to Texas.
Why?
No economy can grow or expand without labour, young labour
It's amazing to me that those that God has blessed with high population of young Nigerians, don't want economic migrants.
Peter Obi is and was a perennial importer , the sole franchise owner of Heinz to Nigeria .
Baked Beans is made from Haricot Beans , Tomatoes , Spices , for some who's slogan is consumption to production, both of you lack the range to talk about the issues nor solve it .
N212 Billion for 1,150 streetlights is the value of Okomu Oil , which paid taxes in excess of N7 Billion and employs over 2,000 Nigerians .
427 Boreholes is the value of Michelin that exited Nigeria years ago .
You’re complaining about FX , but we have a wasteful legislative.
Côte D'Ivoire
Land Mass ~ 322,462 km2
Population ~ 27.5 Million
Cocoa Exports ~ $3.8 Billion ( 2021 )
Nigeria
Land Mass ~ 923,768 km2
Population ~ 213.4 Million
Cocoa Exports ~ $779 Million .
Keep complaining about the dollar and dont get to work .
Everytime this man talks about agriculture, I ask where are the footprints of his legacy in Anambra, Lagos is the smallest state in Nigeria , you can see vegetable farmers from Iyana Iba to Oworo , poultry and fisheries from Epe to Ikorodu .
Dr Sheikh Muhammad Suleiman Adam and many others. Travelling through the city of Kaduna, I was reminded of the duty we owe our nation - harnessing the huge natural resources and converting the vast lands of the North to agricultural use for the benefit of our nation.
Dear
@tokunbo_wahab
, this level of construction couldn’t have been done without the knowledge of highly placed civil servants , if you’re pulling down the estate , you had also better name and prosecute every civil servant involved or we might as well call this a sham .
Nigeria needs new Economic Centers and the Coastal Road is by far an option to opening places like Ilaje and Ondo State with the longest coastline in Nigeria . What Kalu doesn’t like is the Araromi Beach transforming from
This to To That
Its simply a road to boost the equity of the Eko Atlantic City
There is already an East West Road project, not funded
These is already an East to West rail line, not funded
But this brand new coastal road already has funding, already being built.
Ok I am following
Before the advent of Buhari , Nigeria's rice production figures were below 3 million tonnes whilst our consumption was averaging 7million tonnes minimum . The introduction of the Anchor Borrowers Program has increased our production to over 5.2m tonnes .
@Egi_nupe_
Blue Line ~ Done and Dusted .
Red Line ~ Tested Okay and to be commissioned soon .
Green Line ~ Awaiting groundbreaking .
Here we dont do " Go and Verify " , even the birds know the truth .
Today, I was at the Ikeja Train Station for the pivotal test run of the brand-new trains dedicated to our transformative Red Line Rail Project.
The Red Line Rail Project which I performed the groundbreaking on April 15th, 2021 is a momentous step towards a connected and…
Nigerians will go and buy turkey and chicken that is imported, not knowing they could get better for less produced by Nigerian farmers. Ironic when we complain about unemployment and rural urban migration.
Lagos , closely followed recently by Kaduna are the only states in Nigeria with ambition , the third would have been Cross River but Liyel and Hippotastic Merispotic truncated it .
The Lekki Port/Dangote Refinery came from hardwork , planning , investing in risks& opportunities
Nigeria removed fuel subsidy and protests erupted in Cameroon 🇨🇲, Benin 🇧🇯 Republic and Niger 🇳🇪 , the ability to lie by people like you and project negativity on and about Nigeria is all your type live and have an existence for , unfortunately you have a horde of idiots with you
The thing many Nigerians fail to realize, is that Nigeria is of no use to the international community.
We can’t even convince Niger that the 200M+ people living next door provide any economic importance to them.
Niger basically sanctioned Nigeria and their gdp didn’t shrink.…
Egypt 🇪🇬 with 3.5 M Arable Hectares
•Highest producer of Fish 🐟
•Highest producer of Dry Onions 🧅 •Highest producer of Tomatoes 🍅
•Highest producer of Potatoes 🥔
•Highest producer of Cucumbers 🥒
•Highest producer of Garlic 🧄
•Highest producer of Oranges 🍊
Dear
@SeyiMakinde
you did this , bravo 🎉.
The Greater Ibadan Ring road bypass , if you’re heading to Ife, Ilesha , Abuja , you no longer need to pass through the Ibadan metropolis.
The Governor already talked about the Coastal Road five years ago , but let people who want to make an agenda out of it because Julius Berger placed a concrete sign in Abia do so .
This exercise became imperative as we begin preparation for the commencement of the construction of the coastal road that would serve as an alternative route for the Lekki-Epe expressway.
The stark reality of Nigeria is that it can’t afford the social democracy Nigerians want .
1. Fuel Subsidies
2. Energy Subsidies
3. Free Tuition from primary to tertiary
4. Cheap dollars
5. World class Health
6. Perfect Transport and Road Networks .
With which money ?
Recently , Corn / Maize has become a very expensive and more than essential commodity in Nigeria , while some problems would come naturally , others are man made , the maize and soybean scarcity in Nigeria now is a culmination of both .
I’ve received 8 calls about this post , I’m not taking it down and I’m never going to be apologetic about my posts on agriculture. Talk to your politicians . I’m not your problem , they are .
N212 Billion for 1,150 streetlights is the value of Okomu Oil , which paid taxes in excess of N7 Billion and employs over 2,000 Nigerians .
427 Boreholes is the value of Michelin that exited Nigeria years ago .
You’re complaining about FX , but we have a wasteful legislative.
There a people who want to invest in agriculture in Nigeria , I did all the legwork for a firm from SA, but the moment the herdsmen/farmers issues became the front burner and govt dallied on putting out the fires, they pulled out.
$13m investment.
From beheading state legislators to attempted assassination of a Senator, congratulations to everyone who gave IPOB, UGM life and legitimacy , enjoy it .
Place of Birth ~ GUINEA
Place of Issue ~ Lagos
When people say you lots are a mob and stupid , they aren't telling any lies . Hundeyin writes to feed your false hopes .
People see Kogi floods and Anam , but the one that would hit everyone's pocket is Jigawa , Kebbi , Yobe , Gombe, millions of hectares flooded , crops gone . I really don't know if anyone of the Presidential candidates has a road map to fix this issues ,because óómà brutal gàn .
There is a reason some people are distributors , this warehouse might actually or be the hub serving 5 states , but people think the person who has invested this much into logistics and micro distribution is a hoarder of goods . People hear a story and can’t think straight .
Before you abuse President Bola Ahmed Tinubu, see how w!cked we are in this country.
Why hide these volumes of foodstuff to create artificial scarcity and price increases? This can only favour First Class citizens while the masses will experience hunger Woto woto...
May God help…
The day I said police and customs also add to the cost of food with their extortion on the road , some people thought I was lying against them , here is another experience from someone else .
A church in Nigeria is spending $27.6m on it’s new auditorium cooling system , $25m on 10,000 sqm 4K Oled Screen . I’m still trying to wrap my head around it .
And the Church has already paid .
Lagos to Ondo State across the coast is 147km . The Ilaje coast line of Ondo State doesn’t need a deep sea port . This is of more importance and impact . Jobs , Economic Benefit and a great resort holiday destination ( 📸
@EuginhoCortez
)
If I’m following you and you’re defending Funke, or Pastor Chris, or Sydney Talker, I have failed in my duty to keep my timeline nitwit-free. I’ll fix up.
These countries advantages are rooted in automated port systems which improve turnaround time of import and export processes . The shocking part is , Nigeria has all the equipment lying redundant because of the greed of those managing our ports .
A Bill For An Act to alter the provision of the Constitution of the Federal Republic of Nigeria, 1999 to allow States generate, transmit and distribute electricity in areas covered by the national grid; and for related matters.
Ayes 298
Nays 2
Ayes have it.
N10 million Naira bail and three sureties in like sum , that young man is gonna spend a long time in Kirikiri, when people said it was childporn, they didn't listen . Enjoy your infamy behind bars .
I read
@DONJAZZY
's comments on food inflation and the surging prices last week and how prices keep rising without a comparable rise in incomes , so here are my own thoughts on what Nigeria can do in the short /mid and long term to reduce food prices and achieve food security .
One thousand flutterwave will create 200,000 jobs , where should the remaining 49,800,000 seek jobs , even in the developed economies , they aren't reliant on tech and services only for jobs .
Just thinking out loud. If Nigeria had 100 Flutterwaves hiring 200 graduate trainees, that would be 20,000 jobs created for young folks at once. Now imagine, if that was 1000 FWs. We need to support start-ups more to enable our economy grow.
For the records Seyi Makinde and his team were in Florida in March 4th , they held a mega rally in Ibadan yesterday the 18th , the 14 day self isolation period wasn’t observed .
When the Lagos light rail starts operations with all the warning signs and public enlightenment government has done , some people would still trying to cross the track and also steal parts of it . When electricity high enough to boil a human kills them , Nigerians will blame LASG
Between 1965 and 2009 , the World Bank injected over $1 Billion into the development of Palm Oil estates in Nigeria, of the initial 6 projects , one survived , over $256 Million couldn't be accounted for . Akwa Ibom and Abia got $160m , both states couldn't resolve land issues .
Ondo State Airport ~ N56 Billion
Ekiti State Airport ~ N85 Billion
Osun State Airport ~ N69 Billion
Ogun State Airport ~ N40 Billion
Cumulative PAX turnover ~ less than 1,000
Cumulative Cargo turnover ~ 0 .
The Governors .
This should be Badagry all the way to Ilaje in Ondo to the shores of Cross Rivers . Let’s keep leaving money on the table and complain about poverty and exchange rates . The Global trade of Coconuts 🥥 will reach $38.45 Billion by 2030 .