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Closing border to stop smuggling of goods you don’t produce at home is stupidity — Adetomiwa

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Closing border to stop smuggling of goods you don’t produce at home is stupidity — Adetomiwa

Charging high tariff on all goods you don’t produce or have alternative for is extended stupidity.

Having interest rate as high as 35% and then expecting people to establish factories is insanity.

Paying 12% or more interest on treasury bills and then expecting people to establish factories is insanity multiply by insanity.

Why should I invest my 1 billion Naira in agricultural sector when I can get 120 million profits on it by just fixing it in the bank for few months?
Why should I create job when i can get 15% profit with a mere phone call or 100% from forex trade?

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Increasing tax, introducing toll, taxing cash deposit and withdrawal are directly opposite of incentive to produce.

Who will invest his hard earn money in a country where government don’t obey her own rules and court orders

If you wake up today and still think Nigeria is on her path to greatness, you are probably sick or mentally not ok.
Adetilewa adetomiwa

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Jake Clifford

Jake Clifford is a Nigerian Born blogger and a fast growing Journalist, whose aim is to inform Nigerians with happening across Nigeria. Send story tips to him via [email protected] or

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