NewStats: 3,262,847 , 8,178,349 topics. Date: Tuesday, 03 June 2025 at 07:29 PM 4fh29

Impliment:


Is increament in electricity tariff a function of state government?

Sadly, the point of question will fly right over the heads of those you're responding to. The average Nigerian seems to think electricity costs nothing to generate, and that only government wickedness determines how much private electrity suppliers should charge - hence the litany of nonsensical responses in this thread.

Bluntemperor:


Rubbish talk and rant on Tinubu Bleep you up there!
Do you even know he Power these governors wield,at all times?
-Why can't they just be able to the Money they received:
1• the Homongous NBILLIONS Palliatives Money given to each States.
2• the Quarterly NBILLIONS received through the Sharing from the Federation s every 4- Months.
3.the Multi-NBILLIONS of Budgets Money they Packed into the Yearly Budgets and has any Governor returns the Money as unused ?
4.the NBILLIONS Funds/ Money earmarked as Security Votes - yet they still runs to the Federal Govt to bring more Money for their States,as CSO( Chief Security Officer) of their States- how have they Expended the Money given to them?
5• the 13% NBillions - Special Allocation for Producing Oil States- as Derivations to States.
6• As at 2023- Former President Buhari paid Multi - Billions to All the Oil Producing States in Nigeria- this particular Money was from 2020- 2023, as Short Payments -that Only former Governor -Hon.Wike made a Press Conference on what he did with the Money,the rest of Nigerian Governors did not say a word!
You can see why Corruption has finished many in Nigeria, including the man talking up there, because of hate on Tinubu and we can't even think on the Emperors we have created in Nigeria Constitution?
Why can't Nigerians be straight or is it the President that will come to run your States for you?
With exception of few Governors can they tell us,how all these Multi - Billions are Spent and why are we having food shortages in the Land?

So the governors are in charge of dollars and naira vale?

The governor are also in charge of import duty?

The governors are also in charge of the armed forces?

The Fulani north don use federal power they sabi chop destroy everything in this country for terrorism business. They spare nothing, not even human lives, to ensure they get hold of the federal might. Who do they want to blame? Nonsense!

Who still care about textile when majority of the population can afford three squared meals..🤔

DevilsEqual:
What do they State Govs even do in this country??

They actually do much more than you federal government with much smaller revenue. When the head is rotten but you choose to turn around and blame the body for smelling, you need to check your health.

Placing local industries on Band A is a sure killer.

SmartPolician:
Over one year in office, Tinubu hasn't gotten anything right! If foreign companies aren't running away from Nigeria, the local industries are collapsing. Which way, agbadorians?

Please just shut up, which enterprise you done start to help yourself?

delpee:
Placing local industries on Band A is a sure killer.

I’m on band A, and receive more than 20 hours of electricity everyday @ 208KWH.

So what do you mean?

ANlOMA:
Northerners hate that type of work.

Give them cows to raise and train and they'll treat it like a king.

Stop giving them anything that requires brain power to manage

See this Igbo man. Dangote wey be the richest man in Africa na Cow he dey train? Abi me wey get money all una community people look like person wey dey train Cow?

Typing:


See this Igbo man. Dangote wey be the richest man in Africa na Cow he dey train? Abi me wey get money all una community people look like person wey dey train Cow?

Richest black person in the world.

blacknp:
Richest black person in the world.

God bless you

No factory can survive under the prevailing challenging atmosphere.

SmartPolician:


Source: https://www.vanguardngr.com/2024/06/band-a-textile-factories-in-north-collapsing-over-lack-of-power-labour/

my cool sold drink business is totally dead. I can keep up with paying 5k daily

I'm not pleased with the way the current istration of PBAT is slacking on pwer related matters. Most of those big companies leaving Nigeria are doing so because of greed of some Nigerians that want to continue extorting citizens through the power sector.

How will you place high power consumers like industries who need light 24/7 on band A with extra high power tariff and expect them not to fold up?. The Minister of Power will just open mouth and be talking rubbish he knows next to nothing about in Public.

Even with electricity bills piling up into millions of naira monthly on band A, most if not all the industries can't get straight 10 hrs out of 24 hrs power supply, still they will fuel their generators to keep their plants running.

Whoever is advising the President and his team better wake up, if not by December, 90% of industries would be closed translating to job losses, zero jobs and more economic crises which Nigeria might never come out from.

There are some positions you don't just give politicians but people with discerning minds, that have what it takes academically and Minister of Power is one of such.

mrvitalis:
This textile industry is costing Nigeria 200 billion dollars a year in garment industry, which can function because local fabric are too expensive and imported fabrics are taxed too high... So garment produced in Nigeria can't compete internationally or even locally

Why can't people see it.. The textile are failing because they are too expensive compared to imported once even after tax

Kill the dam textile industry, give grant to garment industry to flourish... We are closer to Europe n America than Bangladesh, Pakistan and indea

Realistically we have the manpower and cheap gas Nigerian garment factory can bring in 200 billion dollars year if fully done right

Worse case 50 billion dollars but the textile industry must be killed first and duty free fabric allowed

Bangladesh imported 17.5 billion dollars worth of fabric last year and exported nearly 50 billion dollars worth of garment... That' a net of 32.5 billion dollars

This is the same rubbish happening in steel allow steel import... Ajokuta would never be viable it would never be competitive we missed that chance ship has sailed

This is a super fantastic post. My thoughts exactly minus some of the data provided.

I believe so much in the free market and these are some of the reasons.

Steel import tax of zero percent would have been superb. There so much excess steel in the market selling so cheaply due to the glut from China that it would be insane building steel plants locally.

Cheap imported steel would be a boon to steel end s. Demand for steel is a derived demand, so to turn it into an end product would require employment of labour. It would also make their end products competitive.

I have noticed that many tros guys and even some shirts that are bought and sold as imported in Mandilas and other places are made here. It occurred to me that the country has comparative advantage in production of garments. A zero percent tariff on textile fabrics would work wonders in that industry.

Already, the many small scale tailor shops are reported to employ about 1m people. The Economist magazine called it the "the type unflashy manufacturing that actually creates jobs."

These 2 sectors can create lots of jobs and wealth. Unfortunately for the country is obsessed with import substitution policies, rather than the "export or perish" mentality that would bring in the forex the country so badly needs. The foreign reserve is empty.

I have not been to impressed with Wale Edun. There's nothing really exciting going on. I would have expected by now, the government would have slashed company tax to 15% or less. This should boost stock prices by at least 40% in 2 years.

It should also have mapped out an ambitious commercialization and privatization plant to dispose all public companies from steel mills to the NNPC.

Nevertheless, there has been some improvements. The current is in surplus and there's greater inflow of foreign exchange into the economy.

I am even seeking ways to make some dollars myself.

The government needs to do far more.

Now now power just comot for their hand everything done dey collapse

Apt!

PresidObi:


They sit around and endure the brunt of Federal government's stupidity and inefficiency. They watch helplessly as the contracts they award gets devalued due to inflation, and the economic reforms and investments they plan in their states are scattered by foreign currency fluctuations.

The governors also sit helplessly and watch how the Federal agencies like police and army sit around and watch their citizens murdered in cold blood, while they beg the police commissioners and army chiefs to help them secure their states.

That is why we told you people to vote for Peter obi into power . for a better economy and country and and a conducive bussinesses thriving environment..and better life and better standard of living for nigerians ..it's a pity renewed shege everywhere

mrvitalis:
This textile industry is costing Nigeria 200 billion dollars a year in garment industry, which can function because local fabric are too expensive and imported fabrics are taxed too high... So garment produced in Nigeria can't compete internationally or even locally

Why can't people see it.. The textile are failing because they are too expensive compared to imported once even after tax

Kill the dam textile industry, give grant to garment industry to flourish... We are closer to Europe n America than Bangladesh, Pakistan and indea

Realistically we have the manpower and cheap gas Nigerian garment factory can bring in 200 billion dollars year if fully done right

Worse case 50 billion dollars but the textile industry must be killed first and duty free fabric allowed

Bangladesh imported 17.5 billion dollars worth of fabric last year and exported nearly 50 billion dollars worth of garment... That' a net of 32.5 billion dollars

This is the same rubbish happening in steel allow steel import... Ajokuta would never be viable it would never be competitive we missed that chance ship has sailed

So garment industry would be running on water instead of electricity? Kill the textile industry and kill the use of electricity? In this age of economic crisis and very poor salary, you choose to send the few employed out of jobs?

Did you read their complain at all? Let me remind you that the issue is about the high cost of electricity. They used to spend 30 m on average monthly, and that’s aside from diesel cost monthly when there’s no electricity. Factories purchase diesel in trucks monthly to keep running. Government must by all means encourage the industries that are presently thriving. Enabling environments and reasonable conditions must be made available for them to thrive.

So government should shut down factories that pay their taxes and other charges, contributing to the growth of the economy? Government too should allow the import of foreign garments, helping the economy of other countries to grow?

Kill the textile industries? Where would garments come from? The moon? What would be used to make the garments? Which industries do you expect to produce the garments? Who would make the fabrics used to produce the garments?

So you expect Nigeria to import finished products from Bangladesh for example, leaving the basic, in this case fabrics, to rot? Have you been to any textile factory before? The Indians and Bangladeshi produce their textiles and garments, jealously protect the industries, promote them locally and export them to those who are interested worldwide. Can Nigeria not protect local textile industries, promote them and export to make such money? Our textiles are the best in West Africa. You can check that.

Nothing has happened to Ajaokuta, except corruption. Take it off the hands of government officials, take away bureaucratic bottle necks, privatize it completely and see success with it. Dangote plans to go into steel production next year. Do you expect it to be a failure as the ones established with public funds? Nitel was a disgrace until privatization came. Today we all enjoy telecommunications.

I am sorry, but I do not agree that textile industries should be killed.

ElevationD:


So garment industry would be running on water instead of electricity? Kill the textile industry and kill the use of electricity? In this age of economic crisis and very poor salary, you choose to send the few employed out of jobs?

Did you read their complain at all? Let me remind you that the issue is about the high cost of electricity. They used to spend 30 m on average monthly, and that’s aside from diesel cost monthly when there’s no electricity. Factories purchase diesel in trucks monthly to keep running. Government must by all means encourage the industries that are presently thriving. Enabling environments and reasonable conditions must be made available for them to thrive.

So government should shut down factories that pay their taxes and other charges, contributing to the growth of the economy? Government too should allow the import of foreign garments, helping the economy of other countries to grow?

Kill the textile industries? Where would garments come from? The moon? What would be used to make the garments? Which industries do you expect to produce the garments? Who would make the fabrics used to produce the garments?

So you expect Nigeria to import finished products from Bangladesh for example, leaving the basic, in this case fabrics, to rot? Have you been to any textile factory before? The Indians and Bangladeshi produce their textiles and garments, jealously protect the industries, promote them locally and export them to those who are interested worldwide. Can Nigeria not protect local textile industries, promote them and export to make such money? Our textiles are the best in West Africa. You can check that.

Nothing has happened to Ajaokuta, except corruption. Take it off the hands of government officials, take away bureaucratic bottle necks, privatize it completely and see success with it. Dangote plans to go into steel production next year. Do you expect it to be a failure as the ones established with public funds? Nitel was a disgrace until privatization came. Today we all enjoy telecommunications.

I am sorry, but I do not agree that textile industries should be killed.

Hope you can read? Read it again slowly

mrvitalis:


Hope you can read? Read it again slowly

I complete read your initial comment. I have read it again and again and I tell you that your theory is not in line with the realities.

You cannot say “kill the textile industry”, or close down textile mills. Have you wondered why prices of their products are high? Have you taken into consideration the negative effects of certain government policies? Textile industries contribute to the GDP and closing them down would impact on the economy. Have you considered that? How will Nigeria attain self sufficiency when textile mills are closed, just as others shutting down operations already? Why do we talk about production as a means of growing our economy, when you close down textile mills? Have you considered job losses? How can you product garments, when the companies that produce the fabrics are closed? Have you considered the impact on the economy?

Those are some of my reasons for disagreeing with your position.

ElevationD:


I complete read your initial comment. I have read it again and again and I tell you that your theory is not in line with the realities.

You cannot say “kill the textile industry”, or close down textile mills. Have you wondered why prices of their products are high? Have you taken into consideration the negative effects of certain government policies? Textile industries contribute to the GDP and closing them down would impact on the economy. Have you considered that? How will Nigeria attain self sufficiency when textile mills are closed, just as others shutting down operations already? Why do we talk about production as a means of growing our economy, when you close down textile mills? Have you considered job losses? How can you product garments, when the companies that produce the fabrics are closed? Have you considered the impact on the economy?

Those are some of my reasons for disagreeing with your position.

Bros there is what we call theory of comparative advantage

It's impossible for us now to produce fabric cheaper than China, India and turkey... This people have invested 100s of billions of dollars over years in this sector trying to catch up now is not only going to be expensive but the market is saturated

Garment industry is something we can dominate especially supply to Europe n America, our labor is cheap, we have already trained man power, proximity to target market and others

Only problem is cost of fabric it's too high because they are taxed at import if we remove that our garment industry would compete very well across the globe

Garment market is a far far bigger market yhat textile and we have far far more advantage in garment

So what exactly don't u get

mrvitalis:

Bros there is what we call theory of comparative advantage

It's impossible for us now to produce fabric cheaper than China, India and turkey... This people have invested 100s of billions of dollars over years in this sector trying to catch up now is not only going to be expensive but the market is saturated

Garment industry is something we can dominate especially supply to Europe n America, our labor is cheap, we have already trained man power, proximity to target market and others

Only problem is cost of fabric it's too high because they are taxed at import if we remove that our garment industry would compete very well across the globe

Garment market is a far far bigger market yhat textile and we have far far more advantage in garment

So what exactly don't u get

Garments are produced from textiles. Textiles refer to the raw materials used to create fabrics, such as fibers, yarns, and threads.

Textiles are the beginning and garments are the final products made from them.

If you kill the textile industries, where will you get garments from? I just cleared it up for you above.

What I do not get from you brother is why the textile industry must be killed. Can you proceed with the above already defined for you?

ElevationD:





Garments are produced from textiles. Textiles refer to the raw materials used to create fabrics, such as fibers, yarns, and threads.

Textiles are the beginning and garments are the final products made from them.

If you kill the textile industries, where will you get garments from? I just cleared it up for you above.

What I do not get from you brother is why the textile industry must be killed. Can you proceed with the above already defined for you?

You import the textile!!!!!!!!!!!!!!
My writing clearly stated that... Why it's

impossible for us to produce textile cheaper than we import it ( lack of comparative advantage) ...thats impossible....that's my whole point!!!!... How could u miss that

Our cottons are too efficient , textile are too small .....we have complex lack of comparative advantage... It can't work ... So using locally produced textile renders the whole garment industry comparatively disadvantaged too

I gave an example of Bangladesh import 17.5 billion dollars worth of textile but exported 54 billion dollars worth of garments

mrvitalis:

You import the textile!!!!!!!!!!!!!!
My writing clearly stated that... Why it's

impossible for us to produce textile cheaper than we import it ( lack of comparative advantage) ...thats impossible....that's my whole point!!!!... How could u miss that

Our cottons are too efficient , textile are too small .....we have complex lack of comparative advantage... It can't work ... So using locally produced textile renders the whole garment industry comparatively disadvantaged too

I gave an example of Bangladesh import 17.5 billion dollars worth of textile but exported 54 billion dollars worth of garments

The biggest producers of textile in the world started from somewhere. China which s for over 50%, for example, started from somewhere. The same goes for the likes of India, Pakistan, Brazil and Mexico.

Our government must create the enabling environment for businesses to thrive. That’s what happened to those countries and there they are today, with the likes of Bangladesh, whose GDP is lower than that of Nigeria importing their textiles.

As of 2010, Nigeria was Africa’s leading producer of cotton and the 12th largest in the world. We must then wonder why right in the face of our leaders, that industry has gone under. Industries must not be allowed to suffer in this manner. Nigeria had some of the biggest textile industries nationwide up till the return to democracy.

Rather than kill them, as already stated, government must put policies in place to help industries grow, make our textiles internationally competitive once again, create jobs and grow the economy.

ElevationD:



The biggest producers of textile in the world started from somewhere. China which s for over 50%, for example, started from somewhere. The same goes for the likes of India, Pakistan, Brazil and Mexico.

Our government must create the enabling environment for businesses to thrive. That’s what happened to those countries and there they are today, with the likes of Bangladesh, whose GDP is lower than that of Nigeria importing their textiles.

As of 2010, Nigeria was Africa’s leading producer of cotton and the 12th largest in the world. We must then wonder why right in the face of our leaders, that industry has gone under. Industries must not be allowed to suffer in this manner. Nigeria had some of the biggest textile industries nationwide up till the return to democracy.

Rather than kill them, as already stated, government must put policies in place to help industries grow, make our textiles internationally competitive once again, create jobs and grow the economy.

Bros I'm done with u
This ur thinking is so 1800 I'm done