yeah
really
the BASIC TRUTH is
that
arguments can be made
FOR
i.e
IN SUPPORT OF
and/or
AGAINST
i.e
CONTRARY TO
any
IDEA
CONCEPT
VIEW
PRACTICE
PROCEEDURE
however
COMMON SENSE
( where it exists )
and
FAIR UNBIASED ASSAY
of
the RESULTS of
the CHOSEN LINES OF ACTION
tend to demonstrate the
OVERALL EFFICACY
or
OTHERWISE
of the CHOSEN LINES OF ACTION
and this applies
i.e
this is applicable to
virtually
EVERY AREA OF LIFE
including
the Management of National Economies
and it is
for this reason that
personally
i stand resolute
in my view
that
( irrespective of
any and all pronouncements
by
any and all persons whatsoever
whether learned and erudite in matters of economics or not )
in the instance of Nigeria
A CONDUCIVE ENVIRONMENT
FOR
INVESTMENT TO THRIVE IN
IS
A NECESSARY CONDITIONALITY
THAT
MUST BE
ACHIEVED
AND
CONSISTENTLY MAINTAINED
FOR
THE STANDARD OF LIVING
AND
THE QUALITY OF LIVING
OF
THE ORDINARY NIGERIA RESIDENT
TO BE POSITIVELY IMPROVED
look,
Moriah Mills ohbee nm ( obi nm) ( obim ),
there is
something called
█ I.T.K
█ I.T.K PEOPLE
█ I.T.K FOLKS
here in NIGERIA.
█ I.T.K = I TOO KNOW
which
IN SENSE OF MEANING
translates
SUPERFICIALLY
as
▼ I KNOW EVERYTHING
AND
I KNOW ALL THINGS
▼ I KNOW EVERYTHING
AND
I KNOW ALL THINGS
AND
THERE IS NOBODY IN THE WHOLE WORLD
WHO KNOWS AS MUCH AS ME
ON ANY ISSUE WHATSOEVER ON EARTH
▼ I KNOW STUFF MORE THAN EVERYONE ELSE
IN THE WHOLE WORLD
and
which
FURTHER translates
IN SENSE OF MEANING
IN GREATER DEPTH
as
▼ I BELIEVE I KNOW EVERYTHING
AND
I BELIEVE I KNOW ALL THINGS
BUT
IN ACTUAL FACT
I AM INCOMPETENT IN THE SUBJECT MATTERS UNDER DISCOURSE
AND
I HAVE NO REAL COMPETENCE IN THE SUBJECT MATTERS UNDER DISCOURSE
▼ I BELIEVE I KNOW EVERYTHING
AND
I BELIEVE I KNOW ALL THINGS
AND
I BELIEVE THAT THERE IS NOBODY IN THE WHOLE WORLD
WHO KNOWS AS MUCH AS ME
ON ANY ISSUE WHATSOEVER ON EARTH
BUT
IN ACTUAL FACT
I AM INCOMPETENT IN THE SUBJECT MATTERS UNDER DISCOURSE
AND
I HAVE NO REAL COMPETENCE IN THE SUBJECT MATTERS UNDER DISCOURSE
▼ I BELIEVE I KNOW STUFF MORE THAN EVERYONE ELSE
IN THE WHOLE WORLD
BUT
IN ACTUAL FACT
I AM INCOMPETENT IN THE SUBJECT MATTERS UNDER DISCOURSE
AND
I HAVE NO REAL COMPETENCE IN THE SUBJECT MATTERS UNDER DISCOURSE
Moriah Mills nnmah nm,
these
█ I.T.K FOLKS
█ I.T.K PEOPLE
are many
are everywhere
and some of them
possess and wield
great influence
great command
great authority
in diverse spheres of NIGERIA LIFE
historically
and
currently
and since
they ALL tend to have and exhibit
THE GENERAL COMMONALITY
of
being ABLE TO ARGUE
from Morning till Night
365 Days a Year
on any issue under the sun
EVEN WHEN IT IS VERY CLEAR
THAT THEY ARE
TALKING PURE NONSENSE
it is usually better here in NIGERIA
to have FACTS
so that
when
the I.T.K PEOPLE
the I.T.K FOLKS
start
their
energy draining arguments
time consuming arguments
time wasting arguments
and
FOLKS WHO HAVE
SOME AMOUNT OF COMMON SENSE
look at the issues
those
FOLKS WHO HAVE
SOME AMOUNT OF COMMON SENSE
can quietly come to the conclusion
that
all these I.T.K PEOPLE
all these I.T.K FOLKS
▲ are doing NONSENSE
▲ are talking NONSENSE
▲ are doing RUBBISH
▲ are talking RUBBISH
so
Moriah Mills ormahleechar nm ( omalicha nm ) ( omalicham ),
on
█▼▲ THE DEVALUATION OF THE NIGERIA NAIRA
AND
THE EFFECTS OF THE DEVALUATION OF
THE NIGERIA NAIRA
ON
NIGERIA AND NIGERIANS
ECONOMICALLY
SOCIALLY
SOCIO-ECONOMICALLY
i will not
in this instance
proceed along the route of
referencing
VALID OBSERVATIONS
like
█ (1) INFLATION
SPIRALLING INFLATION
UPWARDLY SPIRALLING INFLATION
CONTINUING INFLATION
CONTINUOUS INFLATION
SINGLE DIGIT INFLATION
DOUBLE DIGIT INFLATION
TRIPLE DIGIT INFLATION
█(2) DECREASE IN THE PURCHASING POWER OF THE NAIRA
█ (3) EROSION OF DISPOSAL INCOME FOR INDIVIDUALS
AND
EROSION OF DISPOSAL INCOME FOR HOUSEHOLDS
LOSS OF DISPOSAL INCOME FOR INDIVIDUALS
AND
LOSS OF DISPOSAL INCOME FOR HOUSEHOLDS
█ (4) EXCESS INVENTORY IN COMPANIES AND MANUFACTURING CONCERNS
█ (5) LAYING OFF AND RETRENCHMENT
OF
WORKERS AND STAFF
█ (6)CLOSURE OF COMPANIES,
CLOSURE OF MANUFACTURING ORGANIZATIONS,
ETC
█ (7) INCREASE IN THE SIZE AND VOLUME OF THE LABOUR MARKET
i.e
INCREASE IN THE SIZE AND VOLUME OF THE UNEMPLOYED
as laid off workers and staff
i.e
retrenched workers and staff
join and swell up the numbers of the unemployed
█ (8) BRAIN DRAIN
█ (9) SKILLS DRAIN
█ (10) TALENTS DRAIN
█ (11) LOSS OF INVESTOR CONFIDENCE IN THE NIGERIA ECONOMY
LOSS OF DOMESTIC INVESTOR CONFIDENCE IN THE NIGERIA ECONOMY
LOSS OF EXTERNAL INVESTOR CONFIDENCE IN THE NIGERIA ECONOMY
█ (12) RE-LOCATION OF
MANUFACTURING CONCERNS AND COMPANIES
TO
COUNTRIES OTHER THAN NIGERIA
█ (13) RE-LOCATION OF NEW INVESTMENTS
THAT WOULD ORDINARILY HAVE BEEN SITED IN NIGERIA
BEFORE
TO
COUNTRIES OTHER THAN NIGERIA
█ (14) CAPITAL SHIFT
█ (15) LOSS OF INVESTMENTS
as
EXISTING CONCERNS
either
FOLD UP
or
RELOCATE TO COUNTRIES OTHER THAN NIGERIA
and
PROSPECTIVE INVESTORS BEING WARY OF
THE UN-CONDUCIVE BUSINESS ENVIRONMENT
SHY AWAY
from operating in NIGERIA
█ (ETC) ETC, ETC, ETC
as
i have no disposition or inclination
to
receiving
response arguments
overflowing with TOMFOOLERY
from any
I.T.K FOLKS ( I.T.K PEOPLE )
and
INSTEAD
i will just tell you a thing or two,
Moriah Mills babe,
regarding one or two stuff
and
then ask one or two questions that will illustrate the point
Moriah Mills baby,
let’s start like this :
▼▲■(1) there is a COMPANY in NIGERIA called UNILEVER PLC
which was formerly called
LEVER BROTHERS NIGERIA
this ORGANIZATION is known
in NIGERIA
for HOUSEHOLD ITEMS
e.g
soap,
detergent,
tooth paste,
etc.
Moriah Mills ormahleechar nm,
this COMPANY
WAS
known as a company that
MANUFACTURED
products
RIGHT HERE in NIGERIA.
if my memory serves correctly
the company originally had a FACILITY at the
DOCK YARD AREA in
APAPA, Lagos State, Nigeria
and
at some point later
had a FACILITY at
AGBARA in
Ogun? State, Nigeria.
if i recall the rumours correctly,
UNILEVER NIGERIA
SHUT DOWN MANUFACTURING
AT
AGBARA
( where it had shifted operations to from APAPA )
and
either
MOVED IT’S MANUFACTURING TO GHANA
or
BEGAN TO IMPORT PRODUCTS FROM UNILEVER GHANA FOR THE NIGERIA MARKET
INSTEAD OF MANUFACTURING AT AGBARA
now,
Moriah Mills babe,
let’s ask some questions thus :
■(1.1) IF THE ENVIRONMENT IN NIGERIA
WAS CONDUCIVE
FOR UNILEVER
WHY WOULD UNILEVER SHUT DOWN MANUFACTURING IN AGBARA
AND
MOVE INSTEAD IN THE DIRECTION OF IMPORTING FROM GHANA ?
■(1.2) DOES ANYONE REMEMBER THE REASONS
OR
DOES ANYONE KNOW THE REASONS
UNILEVER GAVE
FOR EMBARKING ON THAT LINE OF ACTION ?
■(1.3) WAS THE LACK OF REGULAR RELIABLE ELECTRICITY A CONTRIBUTORY FACTOR ?
▼▲■(2) there used to be a COMPANY called MICHELIN here in NIGERIA.
if my memory serves correctly
MICHELIN
WAS located in
PORT-HARCOURT, Rivers State, Nigeria
MICHELIN was a global brand
MOTOR VEHICLE TYRE MANUFACTURER
at some point,
MICHELIN left Nigeria
and RE-LOCATED it’s tyre manufacturing enterprise to some country other than Nigeria.
■(2.1) Moriah Mills babe, tell me babe,
if the Nigeria Environment
was CONDUCIVE
to and for MICHELIN
as a TYRE MANUFACTURER
would MICHELIN leave Nigeria
and
RE-LOCATE to another country ?
■(2.2) you know,
i wonder if any one remembers
the reasons
that Michelin GAVE for
pulling out of Nigeria ?
yeah.
i wonder if any one knows
the reasons
i.e
the factors
i.e
the considerations
that CAUSED Michelin
to pull out of Nigeria ?
■(2.3) and i wonder if
the devaluation of the Nigeria Naira
and
the impact of the devaluation on their
TYRE MANUFACTURING ENTERPRISE
were
CONTRIBUTORY FACTORS
to their BUSINESS DECISION
to pull out of Nigeria
and relocate to some place else ?
▼▲■(3) there used to be a COMPANY called PFIZER here in NIGERIA.
if my memory serves correctly
PFIZER
WAS a PHARMACEUTICAL COMPANY
at some point,
PFIZER left Nigeria
and RE-LOCATED it’s business
to some country other than Nigeria
( ? relocated to Libya ? )
■(3.1) Moriah Mills babe, tell me babe,
if the Nigeria Environment
was CONDUCIVE
to and for PFIZER
would PFIZER leave Nigeria
and
RE-LOCATE to another country ?
■(3.2) you know,
i wonder if any one remembers
the reasons
that Pfizer GAVE for
pulling out of Nigeria ?
yeah.
i wonder if any one knows
the reasons
i.e
the factors
i.e
the considerations
that CAUSED Pfizer
to pull out of Nigeria ?
■(3.3) and i wonder if
the devaluation of the Nigeria Naira
and
the impact of the devaluation on their
ENTERPRISE
were
CONTRIBUTORY FACTORS
to their BUSINESS DECISION
to pull out of Nigeria
and relocate to some place else ?
▼▲■(4) there used to be a COMPANY called STERLING WINTHROP here in NIGERIA.
if my memory serves correctly
STERLING WINTHROP
WAS a PHARMACEUTICAL COMPANY
at some point,
STERLING WINTHROP
left Nigeria
■(4.1) Moriah Mills babe, tell me babe,
if the Nigeria Environment
was CONDUCIVE
to and for STERLING WINTHROP
would STERLING WINTHROP leave Nigeria ?
(4.2) you know,
i wonder if any one remembers
the reasons
that Sterling Winthrop GAVE for
pulling out of Nigeria ?
yeah.
i wonder if any one knows
the reasons
i.e
the factors
i.e
the considerations
that CAUSED Sterling Winthrop
to pull out of Nigeria ?
■(4.3) and i wonder if
the devaluation of the Nigeria Naira
and
the impact of the devaluation on their
ENTERPRISE
were
CONTRIBUTORY FACTORS
to their BUSINESS DECISION
to pull out of Nigeria ?
▼▲■(5) there is a COMPANY called TOYOTA.
TOYOTA is a
world class
global brand
MOTOR VEHICLE MANUFACTURER.
if my memory serves correctly,
at some point,
TOYOTA
decided to
build a factory in WEST AFRICA
and
considered
the individual West African countries
as sites for their factory in West Africa
and
weighed the pros and cons
for setting up their factory in
each individual West African country.
eventually
they took the
BUSINESS DECISION
to set up their
MOTOR VEHICLE MANUFACTURING FACILITY
in GHANA.
■(5.1) Moriah Mills babe, tell me babe,
if the Nigeria Environment
was CONDUCIVE
to and for TOYOTA
would TOYOTA not have set up that FACTORY in Nigeria ?
■(5.2) you know,
i wonder if any one remembers
the reasons
that Toyota GAVE for
not choosing Nigeria
as the PRIME LOCATION to
set up their factory in WEST AFRICA ?
yeah.
i wonder if any one knows
the reasons
i.e
the factors
i.e
the considerations
that CAUSED Toyota
not to choose Nigeria
as the PRIME LOCATION to
set up their factory in WEST AFRICA ?
▼▲■(6) there is a COMPANY called PROCTER & GAMBLE
here in NIGERIA.
PROCTER & GAMBLE
is linked with household items
e.g detergents ( e.g Ariel detergent )
here in NIGERIA.
if my memory serves correctly
PROCTER & GAMBLE
WAS originally
MANUFACTURING here in Nigeria.
then at some point,
according to rumours,
PROCTER & GAMBLE announced that
it would
NO LONGER MANUFACTURE HERE
IN NIGERIA
and
would instead IMPORT it’s products
( MANUFACTURED IN SOME OTHER COUNTRY )
into Nigeria
■(6.1) Moriah Mills babe, tell me babe,
if the Nigeria Environment
was CONDUCIVE
to and for PROCTER & GAMBLE
would PROCTER & GAMBLE stop manufacturing in Nigeria ?
■(6.2) and i wonder if
the devaluation of the Nigeria Naira
and
the impact of the devaluation on their
MANUFACTURING ENTERPRISE
were
CONTRIBUTORY FACTORS
to their BUSINESS DECISION
to STOP MANUFACTURING
in Nigeria ?
[ TO BE CONTINUED ]
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