Ashley5050:


What is Dr?

nedekid:

The irony of it all is that their cloths are not expensive. It is us that have become poorer!
The advarage shirt you will buy for $10 five years ago at N1400 is now N4500 due to the falling naira to dollar. Meanwhile your salary and other income has not increased.
This means that most Nigerians have their purchasing power greatly deminished. How much was 2003 corolla 5 years ago? 750k. Despite the years that the car has gotten older, it is now sold for 1.8m.
How much was a brand new camry then, 3.5 to 5m. It's is now about 18-20m.
Bottom like is that we are poorer today and hence advarage items seem expensive to us.
Its now the lowest quality of China cloths or okrika most folks can afford now.

nedekid:

The irony of it all is that their cloths are not expensive. It is us that have become poorer!
The advarage shirt you will buy for $10 five years ago at N1400 is now N4500 due to the falling naira to dollar. Meanwhile your salary and other income has not increased.
This means that most Nigerians have their purchasing power greatly deminished. How much was 2003 corolla 5 years ago? 750k. Despite the years that the car has gotten older, it is now sold for 1.8m.
How much was a brand new camry then, 3.5 to 5m. It's is now about 18-20m.
Bottom like is that we are poorer today and hence advarage items seem expensive to us.
Its now the lowest quality of China cloths or okrika most folks can afford now.

Profprom:
Why blow your trumpet before leaving? Whether you leave or stay we have been surviving in this country and we will still survive with or without you. Better luck else where

feldido:
More Jobs to be lost... Too bad

marvin906:




true to some extent...
the devaluation of the naira has a roll to play in some aspects..
but guy the lowest okrika and China clothes is better than MRP best clothes..

adioolayi:
Hmm....."In the early days we were making money but now we just came up against too many roadblocks, whether it’s getting the money out, etc.”

Getting money out to where? Are you exporting currency?

Earlystar698:


https://www.thecable.ng/mr-price-announces-plan-to-exit-nigeria/amp

sexylassie2:


it is a lie, pls stop your misinformation

Sysdatek:


lol
like Mr price employs thousands and pay well
abeg
their leaving is not bad news
no b that kind company dey leave make i shout

marvin906:




is it the same MRP I know or is another one..
Aunt your experience and mine are different

NwaNimo1:
Sai Buhari....

anyway, we will see you back in 2023

mark my words!

[img]https://media./images/ac5ecb53eda4d3011be648f4873987ac/tenor.gif[/img]

stasius:
Gerrout!

We dont want u.

sexylassie2:


The Mr Price in Nigeria we both know, just stop your lies, okrika cant be compared with Mr price

So you think okirika with all the smell and defects is better than Mr price, you must be joking.

Jwonder:
Investors are running away, nobody wants to invest in a volatile economy where one furu drinking slowpoke will wake up and increase tax without taking into consideration that these companies provide their own security and power, it ain’t easy naa.

That’s why Nigerians can never get the best products especially the telecommunications industry because most companies need to compromise in quality so as keep up with the cost of running their companies and still make profit.

phransix2:
Their clothing line is very expensive....

phransix2:
Their clothing line is very expensive....

EVILFOREST:

NO BUSINESS thrives in DARKNESS

AreaFada2:


Yep! The market is not buoyant enough for high end goods. See how Itel, Infinix and Tecno that nobody want in the West are the ones Nigerians flock to buy.

Vodafone, Bouygues, EE, AT & T and others have avoided 9ja telco sector like plague.

Companies in other non-food & non-essenco sectors will struggle seriously going forward.

imanray37:
WHO'S THE BASTARD ABOVE ME

Jwonder:


That’s why we the youths need to chase these stupid politicians, they have nothing to offer this country, they we will chase investors which will lead to unemployment and increase in crime rates

linearity:


This is a real problem in Nigeria and is affecting even Nigerians resident abroad and limiting their ability to do business in Nigeria.

If export cars or send any commerce to Nigeria, after selling the item, I should be able to get that money back abroad, put it back into the business and send more vehicles to Nigeria or export other items.

Right now, it is near impossible to get that money back, the money will be stuck in Nigeria bank account and no business survives that way.

What people do now is to link up with friends that need foreign currencies....they pay you locally abroad in foreign currencies and you dhl from your Nigeria account to wherever they want in Nigeria....but this does not scale at all....the Nigeria government should find a way to allow small business who engage in legitimate business get a cash flow out of Nigeria legally to revitalize their businesses abroad.

Dextre:





See ur brain for floor . How can you be thinking like dis in 2020. This is an investment lost with many more on the verge of leaving,talk about we will survive,have we been actually surviving or just existing. See ehn,so far u live in nigeria,u just dey exist unless you are among the wealthy class. Talk about survive,lol..how lockdown be for ur syd when it started? Start from there and rethink the idea of surviving

Jwonder:
Investors are running away, nobody wants to invest in a volatile economy where one furu drinking slowpoke will wake up and increase tax without taking into consideration that these companies provide their own security and power, it ain’t easy naa.

That’s why Nigerians can never get the best products especially the telecommunications industry because most companies need to compromise in quality so as keep up with the cost of running their companies and still make profit.