₦airaland Forum

Sanchez01:
The case of Michelin and Dunlop is quite different. Perhaps you should read up on why they folded up in Nigeria. And I am not necessarily talking about local providers. The Nigerian market is probably the major market in Africa. The competition with Orange, Vodacom, etc in Ghana, South Africa and other African countries is one major reason MTN cannot afford to lose Nigeria with its massive market share.

It is funny how you could say DStv already has competitors in Nigeria. I would have argued that no Nigerian could say such but then again... Just so you know, DStv is running a monopolized market in Nigeria. While the other petty cables show the Bundesliga, and Serie A, Multichoice is the only one with the rights to air the Premiership. How then is this a fair competition?

Should South African companies get shown the door in Nigeria, which I am praying for, local providers will conveniently thrive at a steady pace. Perhaps you didn't know one of the major reasons why most of the so called competitors don't last is because of some deliberate actions by certain people in Government doing the bidding of these foreign companies in Nigeria.

You'd be amazed at how their would be new companies begging for operating licenses should South African companies get the kick. Bharti Airtel will no doubt revel the day it happens.

Exactly how is it “unfair”? They bought and paid for the rights...
You apparently didn’t know (or forgot) that Hi-TV once bought and own same rights - and it was a DISASTER.

And just btw, it’s no different from NBC owning EPL rights in the US...
Or Skysports in the UK itself, or BeIN Sports in the Middle East. That’s basic ‘free’ market COMPETITION.

Meanwhile, you didn’t explain why you classify the case of the tire manufacturers as different...
But I fail to see the difference. 2 foreign investors left and were not replaced by local or foreign investors.

Nigeria is admittedly a GREAT market for MTN and I doubt they’ll leave unless forced to (hence why they opted to pay the mega-fine and to list on the local bourse), but Nigerians should not overplay this so-called “huge” market narrative. We are presently the World’s Capital of Extreme Poverty (which means the largest absolute and percentile numbers of people living in extreme poverty) and growing, with little or no indices that the ruling class has the foggiest idea how to reverse the trend. It doesn’t necessarily affect a company like MTN that much because SIM cards are relatively dirt cheap, but the brutal reality is that with hordes of well-educated skilled and middle-class Nigerians emigrating in droves, effective consumer demand is way much SMALLER than the supposedly huge population numbers would ordinarily suggest. In fact, by most estimates it’s not more than 5 million effective demand for leisure and luxury (ie, non-essential) goods and services.

Nigeria requires MASSIVE foreign (together with domestic) investment to create the millions of jobs it’s ever-growing population desperately and even to finance infrastructure (that would further engender investment and productivity). Arbitrarily kicking and/or expropriating the country’s single BIGGEST (non-hydrocarbon) foreign investors for events beyond their control and in which they have absolutely NO direct (or even indirect) link or nexus to sends the worst possible signals to any and all foreign investors contemplating in this country which already has an appalling reputation for poor infrastructure, rampant efficiency, often poorly-educated and skilled work force and spectacular corruption.
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MaNyEsq:
You're a sorry ass of a person. I could see the cells in your pea brain getting smaller and smaller as the conversation goes further along. Not surprised you have gone beyond your capabilities. keep talking till you go brain dead.

DUDE, utterly gobsmacked you would recognize brain cells...
Seeing as you obviously did not inherit any. The fruit doesn’t fall far, does it?
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MaNyEsq:
I am surprised that someone turned your freaking mic on. You let a fool have a mic, he thinks he's the cat's meow. You're very juvenile with that emojis. When you can't express yourself and need gap fillers, you resort to emojis!

Just when you were starting to smoothen out the crude edges...
The “intellectual sophistication” strikes again. Oh well, just keep at it.
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MaNyEsq:
It's folks like you who do not know when to speak and when to shut up that is the bane of Nigeria. You can't even if your life depends on it realize when you have bitten more than you can chew but as a typical dim wit, you keep burying your self. To claim earlier that I waded into your comment is farthest from the truth. You do not have the intellectual sophistication to write something that I would deem worthy to comment on. That's not my style and I am not wired that way. Although, on very few occasions, I have "liked" a comment here and there but judging by my very limited interaction with you, I seriously doubt if I would ever dignify any of your comments in that manner. I only like comments that are intellectually sound and on issues that piqued by curiosity.

Meanwhile, I see you are making an effort to clean up your lingo and straighten out the rough edges...
Glad to see that I’ve been a POSITIVE influence, but you don’t need to thank me (I’m charitable like that).
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MaNyEsq:
It's folks like you who do not know when to speak and when to shut up that is the bane of Nigeria. You can't even if your life depends on it realize when you have bitten more than you can chew but as a typical dim wit, you keep burying your self. To claim earlier that I waded into your comment is farthest from the truth. You do not have the intellectual sophistication to write something that I would deem worthy to comment on. That's not my style and I am not wired that way. Although, on very few occasions, I have "liked" a comment here and there but judging by my very limited interaction with you, I seriously doubt if I would ever dignify any of your comments in that manner. I only like comments that are intellectually sound and on issues that piqued by curiosity.

Oh, the irony...
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NinjaMetahuman:
if mtn leaves, their facilities won't be uprooted.

At most someone else will take over.
Etisalat left, 9$mobile is running things.

And losing costumers in droves...
The only telecom to lose customers last quarter.

Even when Virgin left Nigeria...
Someone “took over”, but where is it today?
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JohnnyOJ:
Serve them right

They are not the only ones suffering...
Innocent Nigerian employees, service providers, suppliers and consumers also are.
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CrestMan:
UNTIL NIGERIANS STORM DSTV AND THE FG JAM THEIR NETWORK FROM OUR SPACE FOR AT LEAST 3 MONTHS, THAT'S WHEN I WILL TAKE THESE FAKE REACTIONS SERIOUS. WHY STYLISHLY EXCLUDE DSTV FROM THE ATTACK?

MY PROPOSAL:

LET US NOT WATCH SUPER SPORTS FOR ATLEAST 3 MONTHS SO THAT SOUTH AFRICA WILL FEEL THE HEAT! IF YOU ARE WITH ME CLICK LIKE, IF NOT SHARE

Another Arsenal fan spotted...
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wristbangle:
Both will feel the heat in no particular percentage. By now, you should know MTN largest market is Nigeria. Now imagine if MTN operations licence is revoked here and some other part of Africa countries. Think about it dude

And why should an ordinary Nigerian worker minding his own business “feel the heat” for attacks on his brothers in SA?
Did his employer (MTN) lead, support, supply, instigate or feed the attacks? Why should he join the 25% unemployment market?
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MaNyEsq:
And please, STOP those emojis, they are very juvenile. They show lack of seriousness. But on second thought, I would not expect nothing better

DUDE is now frightened of emojis...
Do they remind you of your “village people”?! LMAO!!
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MaNyEsq:
First and foremost, I did not to stumble on a profession and most importantly, you and your generations yet unborn can not get to the level that I am professionally. So, do not EVER get it twisted. Now that we've got that straight and out of the way, one more thing I have to say...your last comment is very garbled. I wish you'd learn to write properly. If you fvck the way you write, the world would be in trouble. Enough said!

DUDE, just when you were making some progress stumbling towards a decent profession...
Should have known the crude poor upbringing is never far from the surface. The fruit doesn’t fall far, does it?
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Stevewonder004:
No one prays for violence but when you are being treated as if you never existed then "Tit for tat" can only be the bell ringger.

I love Nigerian, we hate ourselves but we hate it most when others treats us like shits even though we almost all the time never treats ourselves better.

My brother can call me an outcast and we will take it as a play cos he is my brother but the day an outsider addresses me in such then it becomes a crime."


we can never find trouble but that doesn't mean we shouldn't welcome him when he comes and refuse to let go.

Abegi, exactly how is it “tit for tat”
Did MTN support, supply, instigate or feed the xenophobic attackers in SA?
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thesicilian:
MTN keeps publicly condemning but never really do anything concrete. They know how to lobby the government to get juicy contracts but when it comes to lobbying their own government to prevent loss of lives and property, their arms are folded.

Abegi which “juicy contracts” did MTN get from the Nigerian govt?
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thesicilian:
Before you talk, think.
Before you criticize, research.

Abegi answer his question...
Many of us are interested. Thanks.
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ChristianEast:
Nigeria decided to pay because the affected people are British and British didn't attack any Nigerian interest.

What SA is doing today is act of war and if our govt decides to nationalize their shares in MTN, Shoprite and the others in the name of national security they don't need to pay any shitt.

One Executive Order would take care of the rest.
Again, don't forget that SA doesn't owe more than 40% stake in any of those companies.

These are PRIVATE companies...
Accordingly, SA itself does not own ANY % of them (except perhaps through pension funds).

Nonetheless, those companies are either...
Majority-owned (MTN) or wholly-owned (Shoprite and DSTV) by SA corporate entities.
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ChristianEast:
Nigeria decided to pay because the affected people are British and British didn't attack any Nigerian interest.

What SA is doing today is act of war and if our govt decides to nationalize their shares in MTN, Shoprite and the others in the name of national security they don't need to pay any shitt.

One Executive Order would take care of the rest.
Again, don't forget that SA doesn't owe more than 40% stake in any of those companies.

How is the criminality of non-state actors an “act of war”?
Would be akin to Western nation’s declaring war on Nigeria when several Westerners are kidnapped here.
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MaNyEsq:
You're probably right about comedy because I find your incongruous response to my initial comments very comical and of no substance. Just another idle mind and TROLL trying to be recognized and stay relevant in an adult discussion. It's not going to win you any brownie points. Keep at it mister!

Pure comedy...
DUDE, you may have inadvertently finally stumbled on a profession.

Would say rather rich when YOU unsolicitedly responded to my post (and stuck around since)...
But well aware that you may actually not understand the terms you cram and merely regurgitate. SMH
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Sanchez01:
I hear people say this every time but it is high time some of you understood what would happen. MTN will lose on all fronts when they leave Nigeria. They own the largest market share in the Nigerian telecom market with 43%. When South African companies leave Nigeria, a lot of Nigerians will be out of jobs but the move will eventually mean open doors to other brands and businesses that are not South Africa's.

Beyond that, existing service providers will upscale, resource and manpower wise in other to further accommodate and boost its new share of acquisition in the Nigerian telecom market. The same will apply to cable television providers who will seize the opportunity to break into the Nigerian market.

In the end, Nigerians that are out of jobs as a result of this move will get better opportunities when new companies come in, since they have acquired experience in their various fields.

South African companies, save for Stanbic are doing incredibly well in Nigeria than in other countries.

All of what you foresee could conceivably occur but it is (perhaps naively) overly optimistic...
Michelin (and was it Goodyear?) left Nigeria and nobody stepped into the breach while our rubber plantations died.

Even if we have local providers step in...
The track record of local telecoms companies (even Glo) is not exactly top-notch. Consumers may ended up paying more for less.

Meanwhile, DSTV already has several local competitors (as well as the JV Startimes)...
But, as with the local telecoms companies, service is less than desirable (the worst case being the defunct Hi-TV).

Btw, it’s not true that all SA companies (bar Stanbic) make a killing in Nigeria...
Tiger Foods, Nandos, the NSE-listed Multichoice (before it returned), SASOL, Telkom, etc., had nothing but woes.

Finally, the fallout would hardly be limited to SA...
The biggest would be dearth of future FDI after you’ve run your BIGGEST foreign investor out of turn for no fault of theirs.
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follock007:
mtn and dstv which they are using spy on Nigeria and collecting our social security data which is used to file for bogus tax returns (identity theft)... despite the vivid fact they we are patronizing them through proxy they still go ahead to invade and bastardized shops. they have killed and ambassador in one of their previous raiding which is not in circulation yet, i got from a private source which said the new ambassadorial they think is naive...

Abegi, which social security data?

Meanwhile, 99% of MTNN employees are NIGERIANS (including the Chief Technical Officer).
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MaNyEsq:
Not to be rude, but honestly what level of education do you have? How the heck you keep asking me the same silly ass question? Any person with even few brain cells would understand if they had read my comment referencing Hong Kong. I suggest that you go and read my comments many times before responding again. It's getting very annoying.

Perhaps you should try your hand at comedy (would definitely be more productive)...
Because that chicken has already flown the coop, but well aware not everyone was raised properly.

Meanwhile, DUDE, I had already addressed Hong Kong in my first response to you...
Due to your comprehension deficit, you failed to grasp the 2d reference was facetious (even with emojis). SMH
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MaNyEsq:
what does protests in Hong Kong have to do with SA xenophobia? Another dumb ass question! You have just shown how stupid you're really are. Think before you speak. After all these times, you still can not read and comprehend at the same time? Pease, before you start asking silly questions and foaming in the mouth like a rabid dog, I suggest that you read first and digest what you had read . Give yourself time to understand before commenting. You see, when you do that, you make a fool of yourself. I had suspected that you're ignorant but just don't open your mouth and remove all doubt.

You mean it’s okay to “conflate” Hong Kong protest with SA xenophobic attacks on Nigerians...
But simply beyond the pall to “conflate” the ineptness of the Nigeria govt with Nigerians in SA?

This DUDE’s sophistry doesn’t even attempt to be clever...
Neither does the crude and CHILDISH (just recalled your favorite term ) ad hominem attacks.
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ChristianEast:
You are still a kid in international politics.

Government will not allow them to leave. They would freeze their assets and then nationalize their shares of MTN Nigeria stake and sell it to Nigeria citizens.

Union Bank and Forte Oil (formerly AP) were former british firms. The military government nationalized them, took over all their assets, deport them from Nigeria and sell the companies to Nigerians.

MTN cannot leave Nigeria unless we allowed them.

In the UK, even their own citizen can't even close down a big company. Their government would nationalize it and hand it over to private investors

That’s simply incorrect...

It seems the recent $9.6 billion PI& D arbitral award has thought Nigerians nothing...
If the government appropriates their assets or nationalizes the business, it will pay HUGE compensation for it.

During our parents/grandparents time, when Nigeria nationalized Barclays (Union Bank), Standard (First Bank), BP (AP/Forte Oil), Esso (Unipetrol/Conoil), ironically as part of the struggle to liberate South Africa from Apartheid rule, it paid HUGE compensation for each (and this was when we were flush with oil money in the first “oil boom” era). Subsequently, it took a long while to regain some measure of foreign investor confidence.
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MaNyEsq:
The issue of discussion is about Xenophobic attacks on Nigerians and not the ineptness or corruptness of the Nigerian government. So, to conflate the two is asinine on your part. No reasonable person is arguing here that the Nigerian government is not corrupt or that MTN is not employing Nigerians. When such topics become an issue of discussion, I am sure I would have something to say about that, but until then you should learn to stick with the issue. Enough said!

9jaRealist:
[quote author=MaNyEsq post=81915351]I read some comments about Nigerians being the ones to suffer if and when MTN moves out of Nigeria. That's true, but guess what? Someone has to pay the price for freedom. FREEDOM is not cheap and never comes on a plater of gold. MTN would NEVER leave Nigeria. Nigeria is their biggest market in Africa and to them it's all about the money. During apartheid regime, a lot of universities in the US had investments in South Africa and their students had to force them to divest from apartheid SA and give up all the money that they were making hands over fist. That was what helped to bring the regime to its knees. So, if you want a change, then something has to give. You can't eat your cake and have it.

Easy to sit behind your PC or hold your device far away and flex Internet Revolutionary...
Pretty sure MTN employees with school fees, rents, food and medical bills, etc. would opt out.
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I now remember this DUDE..
Loves meaningless Strawman’s Arguments and ad hominem attacks when lacking substantive merit. SMH

Remembering that you might well have an issue with basic English comprehension...
I have taken the liberty to include the post that YOU responded to, and it’s not limited to xenophobic attacks.

Furthermore, how can any RATIONAL thinking person divorce both subject matters?
Sans a corrupt inept government would Nigerians need to be in a hostile South Africa in such large numbers?
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MaNyEsq:
Another Nigerian warped mentality. Until folks like you stop this preference for short term gain inlieu of long term discomfort and sufferning, Nigeria would NEVER go anywhere. Look at Hong Kong, the citizens knew that the bill that was introduced would have a severe lasting effects on them than the short term discomfort and suffering they would encounter now trying to stop the law. Guess what? As a people who believed in their cause and future, they decided to fight now and not leave that burden on their children for later. That's how a people get things accomplished and not always kicking the can down the road. You either fight for it now or pay for it later. I am not at all surprised what a typical Nigerian like you would choose.

Dude, I don’t like to waste time repeating myself...

So until you can ‘educate’ the rest of us how ignoring your rulers and fighting MTN changes Nigeria for the better, I will take a rain check on the needless banter. SMH

Meanwhile, as I previously noted, many Nigerians just love to blindly follow-follow (which is partly what has gotten on into our sorry national circumstances in the first place), which is why most of them would miss even the most poignant differentiations. What RATIONAL persons thinks of outgoing portfolio investments as synonymous with incoming foreign direct investment? Imitation is not synonymous with emulation, but sadly it seems some of the loudest segments of the Nigerian chattering class cannot distinguished between both.
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MaNyEsq:
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Please what “change” would that be?!

You leave your poor inept, fantastically-corrupt rulers and attack foreign businesses directly and indirectly employing TENS OF THOUSANDS of your fellow citizens (from experienced and highly-skilled professionals to young graduates to artisans and the unskilled), chase away foreign businesses and deprive your citizens of much-needed employment in a country with 25% “official” unemployment (and probably twice as much in real terms) and even greater underemployment. How does that even begin to make any RATIONAL sense? How would losses to MTN, Shoprite or DSTV improve Nigeria’s political, social or economic condition or redress the real problems underlying the symptomatic issues if Nigeria. Talk about loudly chasing shadows in derogation of substance.

I realize that many Nigerians are just follow-follow people, but please quit comparing apples with oranges. Hong Kongers are confronting their oppressors directly. They are not flexing on innocent bystanders or foreign investors while ignoring their nation’s REAL problems.
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MUCH RESPECT!
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FINALLY!

Pretty sure Olabisi Ajala-Buhari had to be arm-twisted into it.
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plaindealer:
You are not the only Tinubu obsessed joker on NL because it's a common ipob trait on NL.

I just need you to list Ambode and Fashola's 4 years achievements and lets compare.

Stop spewing rubbish that you can not back up with facts.

Seems my initial diagnosis was spot in, for (to paraphrase Einstein)...
Insanity is repeating the same thing over and over again, and expecting a different response.

#BourdillonBullionvanBrigadeBS#
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MaNyEsq:
I read some comments about Nigerians being the ones to suffer if and when MTN moves out of Nigeria. That's true, but guess what? Someone has to pay the price for freedom. FREEDOM is not cheap and never comes on a plater of gold. MTN would NEVER leave Nigeria. Nigeria is their biggest market in Africa and to them it's all about the money. During apartheid regime, a lot of universities in the US had investments in South Africa and their students had to force them to divest from apartheid SA and give up all the money that they were making hands over fist. That was what helped to bring the regime to its knees. So, if you want a change, then something has to give. You can't eat your cake and have it.

First, those were PORTFOLIO investments (“hot money”)...
Divestment did not result in a loss of THOUSANDS of US jobs.

Furthermore, they probably did not lose money...
They simply reinvested those funds in other markets/funds.
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holuphisayor:
good. DSTV should follow. I'm prepared not to watch football anymore sef. Lets be mad together.

I smell an Arsenal supporter...
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MaNyEsq:
I read some comments about Nigerians being the ones to suffer if and when MTN moves out of Nigeria. That's true, but guess what? Someone has to pay the price for freedom. FREEDOM is not cheap and never comes on a plater of gold. MTN would NEVER leave Nigeria. Nigeria is their biggest market in Africa and to them it's all about the money. During apartheid regime, a lot of universities in the US had investments in South Africa and their students had to force them to divest from apartheid SA and give up all the money that they were making hands over fist. That was what helped to bring the regime to its knees. So, if you want a change, then something has to give. You can't eat your cake and have it.

Easy to sit behind your PC or hold your device far away and flex Internet Revolutionary...
Pretty sure MTN employees with school fees, rents, food and medical bills, etc. would opt out.
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Denikayan:
Why!

This is a Breach of contract. Subscribers have been manipulated to believe they come first.

If any security challenges, they can consult the security institutions in the country for protection.

What hurts the most is that I won't have the opportunity to get an iphone X. Was already planning to go hang around MTN Ikoyi just in case it's bursted.

See Naija mouth...

Breach of which contract abeg? The one that says that they should offer themselves up for sacrifice for the DUMBNESS of Nigerians and S/Africans? Wait till they close shop entirely and send your brothers and cousins back into the job(less) market, then those DUMB Nigerians “avengers” can really celebrate their DUMBNESS! SMH
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