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Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba - Business (2) - Nairaland

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Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by coolviv: 8:00pm On Jun 23, 2017
Magnet kwa? Abi Magnate...
Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by intruxive(m): 8:07pm On Jun 23, 2017
Lol, accommodating indeed, fear of foreign investors
Yet they will tell you, if u can compete come and establish, now they are afraid of chinco grin

1 Like

Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by dustydee: 8:14pm On Jun 23, 2017
"Magnate" not "magnet"
undecided
Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by Nobody: 8:18pm On Jun 23, 2017
Bringing a foreign investor is not the problem but bringing the chinese as the said investor.
The chinese are known to be producers of cheap and sustandard goods. So whats the point, instead of giving soft loans to serious shoe makers to produce quality and durable shoes, you bring another fake shoe maker into the mix...
Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by akigbemaru: 8:20pm On Jun 23, 2017
Cuche:
The fears and reasoning of the traders are logical but it is not correct in practice. Take for example, when big white farmers came on board, such fears were entertained by the local farmers, however, it is crystal clear that with a large market like ours and so many factors that drag market share including product bias , no company can successfully run a complete monopoly in some goods, not even in services.
There is this million dollar Shonghai farms and other large poultry farms with the Whites as principal partners, many thought their entrance into the market will stifle the subsistence farmers, but it didn't. Instead, the high yield technologies and systematic approach they came with are in the hands of the locals today, less cycle time, more turnover, disease resistant spp, improved vaccines, relatively cheaper broods, more accessible and better feeds manufactured by the bigger companies. Moreover, the meat market target of huge farms are the export and big enterprises like fastfoods and hotels, the frozen food chains which were hitherto controlled by Benin Republic. The local farmer retains his market and at a higher profit margin with the technology made available by the White farmers.
Similarly, the shoe manufacturers will learn and get technology leaks (the painstaking works of many years) for free. The raw materials like high quality leathers, soles, gums, pins, packages and 'branding' will likely be manufactured here by the Chinese who I know will not like to be wasting cash on duty for things a few line of robots and machines will produce in minutes The people that will be affected are the importers of these items .
Again the product preference, like many will not like meats believed to have gone through genetic modifications and steroid manipulations, many will have strong bias for robot made shoes as against handmade shoes.
Till they come, the fears are coming too early!
Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by uwajeh(m): 8:26pm On Jun 23, 2017
"Chinese shoe magnet", still can't stop laughing. Abeg my brother it's "Shoe Magnate".
Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by bejeria101(m): 8:40pm On Jun 23, 2017
Una no go make us hear word,a little competition una don dey shiver.
Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by KAYD007(m): 8:49pm On Jun 23, 2017
venai:
It is high time these Aba coblers that called themselves shoe makers, learnt to use good gum for making their wares. How does one buy a paire of shoes at 3000 naira, and still have to sew them? You can not even dance confidently with aba-made-shoes.
Aba boys are great and talented, but should start using good gums for their shoes.

I bought one for 7k...had to sew it, the chemical used for the shoe was just smelling up and down in the house...on too that...I wore this shoe for like few time under one month....beneath the shoe opened up ...with steel they usually put under the shoe popING out....

The quality of aba made shoe..is just too poor...can't even meet local standard not to talk of international. ....

2 Likes

Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by logica(m): 8:59pm On Jun 23, 2017
kevoh:
Shoe magnate you mean ! angry Vanguard newspaper for that matter angry angry
It's the accent. wink
Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by kevoh(m): 9:17pm On Jun 23, 2017
logica:
It's the accent. wink

kikikiki grin I understand now... grin
Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by luckysparks(m): 9:35pm On Jun 23, 2017
venai:
It is high time these Aba coblers that called themselves shoe makers, learnt to use good gum for making their wares. How does one buy a paire of shoes at 3000 naira, and still have to sew them? You can not even dance confidently with aba-made-shoes.
Aba boys are great and talented, but should start using good gums for their shoes.

You got me rolling with the " you can not even dance properly with aba made shoes" ,lol.
Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by darkckUSA: 9:44pm On Jun 23, 2017
Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by ransomed: 10:10pm On Jun 23, 2017
I only know of Magnate when did magnet become part of business lexicon? Bye to fake shoes and belts.
Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by GavelSlam: 10:12pm On Jun 23, 2017
Sagay212:
You see our lives for gutter? All the rich igbo men could not invest in the aba boys by buying them quality and modern day shoe making equipment that will enable them make quality shoe. The evil politicians will just continue to steal money and refuse to use it for reasonable things. Now chinese man don come for china come set up better shoe making company. Meanwhile there's nothing special in the shoes the chinese company will make. Give the aba boys the same equipment and they'll perfect the shoes in terms of quality and finishing.

Dem dey forbid make Aba make the equipment themselves?
Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by DozieInc(m): 11:55pm On Jun 23, 2017
Cuche:
The fears and reasoning of the traders are logical but it is not correct in practice. Take for example, when big white farmers came on board, such fears were entertained by the local farmers, however, it is crystal clear that with a large market like ours and so many factors that drag market share including product bias , no company can successfully run a complete monopoly in some goods, not even in services.
There is this million dollar Shonghai farms and other large poultry farms with the Whites as principal partners, many thought their entrance into the market will stifle the subsistence farmers, but it didn't. Instead, the high yield technologies and systematic approach they came with are in the hands of the locals today, less cycle time, more turnover, disease resistant spp, improved vaccines, relatively cheaper broods, more accessible and better feeds manufactured by the bigger companies. Moreover, the meat market target of huge farms are the export and big enterprises like fastfoods and hotels, the frozen food chains which were hitherto controlled by Benin Republic. The local farmer retains his market and at a higher profit margin with the technology made available by the White farmers.
Similarly, the shoe manufacturers will learn and get technology leaks (the painstaking works of many years) for free. The raw materials like high quality leathers, soles, gums, pins, packages and 'branding' will likely be manufactured here by the Chinese who I know will not like to be wasting cash on duty for things a few line of robots and machines will produce in minutes The people that will be affected are the importers of these items .
Again the product preference, like many will not like meats believed to have gone through genetic modifications and steroid manipulations, many will have strong bias for robot made shoes as against handmade shoes.
Till they come, the fears are coming too early!

You have a point.

1 Like

Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by HeGeMon(m): 12:55am On Jun 24, 2017
All ibos want & need now is Biafra grin wink
Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by hisgrace090: 1:12am On Jun 24, 2017
So foreigners building industries in igbo land as is done elsewhere is now a crime ehh?

2 Likes

Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by konfused: 2:05am On Jun 24, 2017
venai:
It is high time these Aba coblers that called themselves shoe makers, learnt to use good gum for making their wares. How does one buy a paire of shoes at 3000 naira, and still have to sew them? You can not even dance confidently with aba-made-shoes.
Aba boys are great and talented, but should start using good gums for their shoes.


You need to cough out like 8000 to 10000 to buy a very durable Aba shoe. 3000 naira is not even upto to 10 dollars.
Imagine the quality of a shoe that has such low cost.

When you get a shoe for such amount, you certainly know the quality would be low.
Re: Aba Shoemakers Jittery Over Chinese Shoe Magnete’s Investment In Aba by JaaizTech: 8:50am On Jun 24, 2017
Cuche:
The fears and reasoning of the traders are logical but it is not correct in practice. Take for example, when big white farmers came on board, such fears were entertained by the local farmers, however, it is crystal clear that with a large market like ours and so many factors that drag market share including product bias , no company can successfully run a complete monopoly in some goods, not even in services.
There is this million dollar Shonghai farms and other large poultry farms with the Whites as principal partners, many thought their entrance into the market will stifle the subsistence farmers, but it didn't. Instead, the high yield technologies and systematic approach they came with are in the hands of the locals today, less cycle time, more turnover, disease resistant spp, improved vaccines, relatively cheaper broods, more accessible and better feeds manufactured by the bigger companies. Moreover, the meat market target of huge farms are the export and big enterprises like fastfoods and hotels, the frozen food chains which were hitherto controlled by Benin Republic. The local farmer retains his market and at a higher profit margin with the technology made available by the White farmers.
Similarly, the shoe manufacturers will learn and get technology leaks (the painstaking works of many years) for free. The raw materials like high quality leathers, soles, gums, pins, packages and 'branding' will likely be manufactured here by the Chinese who I know will not like to be wasting cash on duty for things a few line of robots and machines will produce in minutes The people that will be affected are the importers of these items .
Again the product preference, like many will not like meats believed to have gone through genetic modifications and steroid manipulations, many will have strong bias for robot made shoes as against handmade shoes.
Till they come, the fears are coming too early!
Best comment. Others should just read & learn, instead of making silly remarks.

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