To a large extent, Bolaji is right and you know it. Successive governments in Nigeria over the years have sabotaged themselves by succumbing to vested interests
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On Jan 23, 2016, at 4:18 PM, "'elombah daniel' via USA Africa Dialogue Series" <usaafricadialogue@googlegroups.com> wrote:
Professor Bolaji Aluko keep deceiving himself.Which local manufacturers?Many Nnewi Industries have shed their work force by up to 50%+447460770987+44-2088087999Every Nigerian that has something important to say, says it on www.elombah.com
From: Chiwuikem Ihediwa <chiwuikem@hotmail.com>
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Sent: Saturday, January 23, 2016 3:12 PM
Subject: RE: BUHARI-NATION: CBN forex policy: Production capacity, sales leap by 50% for local manufacturers { Re: On the Matter of Articulation of PMB's Economic Goals - As I I Understand Them [Re: [africanworldforum] What are the economic goals of PMB?
"If certain policies are kept in place in Nigeria for four to eight years - and complemented with proactive measures - without panic or succumbing to the blackmail of vested interests, our country will see a huge turn-around in our economy."... VC Aluko
Professor Aluko, so you know this and you are here celebrating this mediocre (Buhari's) mentality as if Nigeria started in May, 2015. Jumping up and down for the dismantling of all economic activities setup by Jonathan and administrations before him. You are here gyrating for the destruction of studies that could have guided Nigeria's economic progression.
Defending a non policy as policy. So you know government is a continuum, you know policies should be kept for four to eight years, so you are aware that you build on, you add on, complement with proactive measures without panic. You know that blackmail should not be part of governance. So you know that there will be periods of painful adjustment.
Prof if I have not been following you in the past, I could have said that you are wicked. But I will not say so. I know you are a good man because you left your job here in the US to go home to help for that I will always respect you. But please advise them properly. If you know so much please tell them the truth, let them focus on governance and leave the past to history.
Chiwuikem
Date: Sat, 23 Jan 2016 04:10:29 +0100
Subject: BUHARI-NATION: CBN forex policy: Production capacity, sales leap by 50% for local manufacturers { Re: On the Matter of Articulation of PMB's Economic Goals - As I I Understand Them [Re: [africanworldforum] What are the economic goals of PMB?
From: alukome@gmail.com
To: usaafricadialogue@googlegroups.com
CC: africanworldforum@googlegroups.com; naijapolitics@yahoogroups.com; nigerianworldforum@yahoogroups.com; nigerianid@yahoogroups.com; yanarewa@yahoogroups.com; raayiriga@yahoogroups.com; omoodua@yahoogroups.com; therealsegun@yahoo.com; ekitipanupo@yahoogroups.com; naijaintellects@googlegroups.comQUOTEAs in China, the first effort should be to RAMP up.... products as IMPORT SUBSTITUTES to prevent use of scarce foreign reserves. We should be talking of BOTH preserving foreign reserves (by import substitution) and EARNING them (through exports. - Bolaji AlukoUNQUOTEMy People:If certain policies are kept in place in Nigeria for four to eight years - and complemented with proactive measures - without panic or succumbing to the blackmail of vested interests, our country will see a huge turn-around in our economy.Yes, there will be periods of painful adjustments,Let us pray....Bolaji Aluko___________________________________________________________SUN NEWS ONLINEIndigenous manufacturers in Nigeria say they have recorded a 50% leap in production capacity as demand and sales for some of the locally made goods have risen in recent months, a trend they attribute to the recent Central Bank of Nigeria (CBN) policy on foreign exchange.The manufacturers, at a press briefing held at the premises of Obasanjo Farms in Ota, Ogun State yesterday lauded the CBN policy describing it as the "greatest game changer for the fortunes of local manufacturers." They also insisted that the apex bank should resist blackmail attempts by Nigerians, notably from importers, to rescind the policy, even in the immediate future.The briefing was done on behalf of the Ota based manufacturers by Messrs Nassos Sidirofagis, a Greek, and Managing Director of Tempo Food, Paper Pulp and Packaging Limited and Oluwasesan Taiwo-Tijani, a Nigerian, who is Managing Directors of Sren Chemicals Limited and Polymer Packaging Limited.The two manufacturers noted that with demand and sales leaping above the usual, there had been a corresponding increase in the production capacities of local companies as well as fresh employment opportunities created for citizens. "In the last three years, it was really so difficult for us to operate at our full capacity and =
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