NewStats: 3,264,644 , 8,184,311 topics. Date: Wednesday, 11 June 2025 at 08:27 PM 474tr6382y |
(1) (of 1 pages)
![]() |
You’ve made a very important point, and I honestly think more people should be paying attention to this. We’ve talked so much about the US-China trade war, but the real opportunity for us Nigeria and Africa is right here with China looking our way. Now, $51 billion in investments, aid, and loans? That’s no small amount. If China is serious about diversifying away from the US and they're looking at Africa especially Nigeria as their next big market, we need to come to the table with our heads held high and a plan that benefits us. With the African Continental Free Trade Area (AFCTA) now in place, this is the best time for African countries to build cross-border industries. It means we can move past just exporting raw materials and start creating value here on the continent. That’s where the real growth and jobs will come from. You also mentioned how Chinese contractors ed for about 60% of construction work in Africa in 2019. That’s massive! But let’s not just celebrate that. Let’s use it as a sign that China is deeply invested here. So we shouldn’t be begging. We should be negotiating. Now, about Nigeria being China’s biggest market in Africa absolutely correct. That gives us leverage. We should be pushing for deals that reflect our position. The currency swap agreement you mentioned from $2 billion to $10 billion is a great start. It’ll help reduce our overdependence on the dollar and make trade with China smoother. But beyond that, we need to focus on capital goods. Let the things coming into the country be machines, tools, and tech that will help us grow industries, not just cheap finished goods. We want factories here, not just warehouses. If the Minister of Trade and Investment plays his cards right, and presents the right deal to the President, this could be a turning point. And if China is really as eager as it seems, they’ll approve it in a week. All we need to do is make sure Nigeria is smiling for the right reasons not because we got aid, but because we secured a smart, future focused deal. Let’s get the sweet part of the deal while the timing is perfect. femisplash: 1 Like |
![]() |
My question is who released the videos. The man obviously didn't
2 Likes |
![]() |
This is an old nairaland post of 2018. Does it mean nairaland is out of content
2 Likes |
![]() |
Don't worry, bro. Whether there's a refinery or not, it's likely to exceed the $1300 mark. Just to clarify, I don't harbor any ill feelings toward the APC government or our homeland, but I can confidently say that from my nearly decade-long experience in the foreign exchange market, October and November consistently see the Naira's value rise. If you have doubts, just look at the historical data – the numbers don't deceive. 2007 thread: https://nairaland.macsoftware.info/92060/naira-gaining-back-value 2016 thread: https://nairaland.macsoftware.info/3406757/naira-strengthens-against-dollar-bdc 2020 thread: https://wap.nairaland.macsoftware.info/6285549/naira-500-dollar-today-28 2022 thread: https://nairaland.macsoftware.info/7428352/why-naira-dollar-exchange-rate oliverwrites: 23 Likes 3 Shares |
![]() |
Why is everyone complaining. If you follow the market, this thing happens every year around this time. It will eventually rise even higher. The op should just calm down. It will rise even higher than #1300 144 Likes 10 Shares |
![]() |
How much. Serious buyer. Ride looks good
|
![]() |
Bloody simp. Na why your wife dey cheat. Men like you should be castrated. Weakling Meektunz: |
![]() |
Japa o. 400k in this economy is not enough. Goodplace: |
![]() |
Damn bro. You fell real hard, count your losses. Sorry man
|
![]() |
Love this show.. Any idea when the new season is going to be released?
1 Like |
![]() |
Fear women!
|
![]() |
Never put your trust in friends. This is so sad
2 Likes |
![]() |
My guy don tire ![]() |
(1) (of 1 pages)
(Go Up)
Sections: How To . 23 Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland. |