Wondering how attacks on one & tribes in all spaces presently, would have led to Nigeria's Independence back then in 1960 by patroctic Youths, with meaningful, ideological & optimistic views about Nigeria.
Indigenship as eluded Citizenship.
Happy Independence Nigerians.
Arsenal had to sell their best players & limit their spending under Arsene Wenger ( Emirates stadium). A club with global reach.
But Man City who couldn't fill their stadium were able to generate revenue fast enough to compete with big clubs (2009-18)?
Bless you for this, some just hide behind a finger and tweet falsehood. And you those Chinese are prudent in spending ooo, cos they know there LC is waiting to be cleared back home.
This is not how the FTZ works. Stop misinforming people. Importing raw materials, machinery, and equipment attracts zero duty if the manufactured or finished items are exported to other countries.
If the items manufactured in the FTZ are moved out of the FTZ into the local market, they pay customs duty on the value of the imported materials.
If the FTZ was used as a transit warehouse to import finished/manufactured goods to sell in our local market, they pay the full customs duty and other fees on the cost of the item.
The Chinese guys know that the market is here, and they can do their light manufacturing, assemble, pay for cheap labour, and pay a fraction of the customs duty on the raw materials imported to sell to the local markets and also export to neighbouring countries. They are everywhere in the Ogun FTZ. They are setting up light factories every day.
The essence of the Free Trade Zone is to encourage industries to set up and export products by giving them lower tariffs on raw materials and a tax holiday. As a trader who imports finished items, you can't compete because they will come for your margins and cut you off as a middleman.
The buy and resell model is too easy for them to replicate.
A Chinese manager/Ops of a company would not close down a bar but you buying from him a reselling would close down a bar from profit without thinking how to go about tech backwards integration of the commodity . No be everyone Govt go do now.
@VERITY_HQ Read about there foreign policy how the revolutionize the industry, by closing there boarders they paid the ultimate price then. But close Nigeria boarders and see ordinary subsidy removal on oil you can see our reaction we don't want to pay the ultimate price.
@Sweeegu@LoritemRecycle Chinese that operates a Coy would stay close to his factory in one room managing while you buying from him would lodged in a five star hotel with you intended profit.
@Voiceofigbos False narration, FTZ is not for Chinese it's for anyone and everyone Dangote, TY Danjuma are in in FTZs, you can form a group and start your Enterprise in the zone of your choice manufacturing your goods and enjoying Tax free till 2028 or there about. Stop this wrong narrative.
@Davounprince@ARISEtv Am in Calabar presently been to TINAPA countless time and I'll say this if Nigerians can travel to Dubai to shop why not TINAPA?
And FDI's on Export in an Economy if goods are only exported out from TINAPA? We play politics with every and anything in Nigeria.
@confindence24 This is so apt, Gbamsolutely.
Respect is Reciprocal, no One stops him from asking the right questions but let their responses shows how fooly there are.
Nigerians are smart and we can always deduce there foolishness
@DanKatsina50 Wao for real " REPENTANT FIGHTERS" how come? Gave gift for a Coronation of District Head.
Who, Where When How were they deradicalized?
Ok continue but don't involve other Nigerians when the table turns around against your people pls.
She did the right thing nobody said you shouldn't talk but making a sweeping statement about the Military and others is just so nonchalant. Thank you ma'am for this response.
My God will bless this Naval woman!!
She will live to eat the fruits of her labours.
She stood up to the uselsss clown called VDM today. She spoke with so much confidence. She spoke for all of us who have lost one military personnel or the other!
Thank you ma!
May all those who spits on the labour and sacrifices of our military men and women today be put to shame!
On this NBA goofed real time. We place emotions on real issues. Talking down on Military and Paramilitary personnel who lay their life's down for our Unity is a NO NO.
When you hear utterances like "the military men are the unknown gunmen," followed by such simplistic, kindergarten level analysis in the presence of military officials, and the audience applauding, you begin to wonder whether the purpose of the event was genuinely to engage on security issues, or simply to smear and undermine the military.
When institutions that should uphold expertise begin rewarding ignorance with prestigious platforms, you know our society is being dumbed down. This is such a low point.
Nobody is deliberately hindering any process.
First of all, that port works but not in full capacity.
Now let's delve into the technicalities;
1. There is a shallow draft on that 109km channel which means it cannot accommodate modern vessels which are between 12-16 meters in draft compared to the old vessels of 5-7meters that it used to dock.
2. The submerged oil pipes and facilities won't allow for that channel to be dreged so as to be able to accommodate modern vessels and containers.
3. The pipelines because shallow wont allow for dredging to take place. This means that the pipelines and infrastructures on that entire channel has to be relocated which is very very complex.
4. Let's not forget that Lagos, Ogun, Ibadan are the hub of manufacturers in Nigeria and this makes the Lagos port their delight.
As a Warri boy, I honestly want that port to work optimally. But we have to face some of these realities
๐จ๐ดโช๏ธ BREAKING: Bruno Guimarรฃes to Arsenal, HERE WE GO! ๐ง๐ท
Agreement in place with Newcastle after long talks and personal terms in place with Bruno since July. Fee worth ยฃ75m.
New midfielder for Mikel Arteta. ๐
You fight yourself online, call yourselves name, disrespect yourselves but guess what NO meaningful impact made by this act, some see it as cruise others take it by heart.
Providence would tell.