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Business › Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by edoman2016: 4:37pm On Oct 18, 2017
Shouting GDP but at night[/quote]You don't know the meaning of GDP. That's why you think its an irrelevant word. GDP is the sum total of economic activities in a country. It determines the economic growth of that country. And it is only GDP we can use to compare the economy of countries in Africa presently.

No single country in Africa is yet among developed countries of the world. Because economic development is completely different from economic growth (GDP). There are critical criteria a country must have attained before it can be called a developed country. Even China as a country that her GDP is in trillions of dollars is still classified as a developing country and not a developed country. Fellow economists on this forum will understand what I am saying and not for a layman.
Business › Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by edoman2016: 8:37am On Oct 18, 2017
samsobo24:
the rate at which many African countries come to this forum and just say anything they like is quite alarming.
I blame our leaders for this and also the social media
Thank you for the observation. Citizens of other African countries will come to Nigerian forum and still have the effrontery to call Nigeria a shiit country. Where as you will hardly see any Nigerian on a Kenyan forum or other African countries' forum to comment. Because no Nigerian give a damn about their forum.
Business › Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by edoman2016: 4:50pm On Oct 17, 2017
Vivere:
Forget all that big grammar about GDP. Just pay a visit to each of the places I mentioned. You will come back with a totally different opinion and a lot of respect for those countries. Na only mouth Naija get.
That's your problem. What will I do in Kenya? I am comfortable in Nigeria. It's a great country for fruit juice production factory I intend to start very soon. You must be mistaken if you think all Nigerians are suffering.
Business › Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by edoman2016:
alexxo11:
boss no offence but at times you should listen to what those who have traveled tell you.you just cant be of the fact that lagos has greater gdp than ghana and kenya yet ur people are flocking everyday to these countries for better living.I travel to lagos every two months since i work with an airline and i can tell you ,comfortably lagos is a human jungle.....no lights no water ,if it rains the whole area turns into a swimming pool,In short nothing works in lagos....mind you im not nigerian im a kenyan.....lets not get to the fact that everybody in lagos looks angry and frustrated....everywhere i went there were just sad faces.....your public transport is a mess....i was actually given a classroom chair to sit on in a public car.I dont think no sane kenyan would want to live in nigeria......ask ur nigerian peeps in kenya.....they see the place as heaven...but i understand why
I hope you know Lagos is a mega city and it is also the smallest state in term of Land size in Nigeria. Because Lagos is a mega city and has a population of 21 million people, it is overcrowded. And that will surely comes with its challenges which you have stated. But from purely economic angle, Lagos is the fifth largest economy in the whole of Africa.

There is incredible investment in infrastructural development as well as on security in Lagos state. Because the current governor acknowledge the challenges that comes with mega city such as Lagos.

With regards to Nigerians living in Ghana or Kenya for greener pastures, you need to understand that migration is natural to human race on earth. People will always have different reasons for migrating from one countries to the other. We have large number of Chinese, Indians, etc working for companies in Nigeria. Does that mean Nigeria's economy is better than China economy? Figure it out by yourself.
Business › Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by edoman2016: 9:49pm On Oct 16, 2017
seniwellsFX:
you must be a quak or an illiterate economist disgracing yourself on social media. I am currently in Mauritius were I pay 5k ruppes per month for just self contain which is just a normal house with nothing special. That Is equivalent to 50k naira going by the current exchange rate. Tell me how many Nigerians go pay 50k per month for self con for naija.And you are foolishly talking about what our useless naira can get us in other Africa countries. Abeg no dey call urself economist again ooo...that is a noble and honourable profession. With the way u reason I no sure say u don even go badagry sef,let alone Cotonou
You must be a fool. And you know what, you have answered my question already in your comments. If you spend 5k rupees which is equivalent to 50k naira in Nigeria as you stated for self contain in Mauritius. It shows Nigeria's currency which is naira has higher value than rupees because average rent of self contained apartment in Nigeria is between 10k-15k per month with good facilities .

You must be an illiterate if you think in this lifetime Mauritius can ever be compared to Nigeria. I am sure the GDP of my state in Nigeria, Edo state is still far ahead of Mauritius. If you want me to give you statistics to back my claims, holla at me. I have travelled to several countries in Africa and I repeat none is in Nigeria league except south Africa. Why do you think it is only south Africa companies among Africa countries that is able to penetrate into Nigeria market? Do you know the number of countries in Africa our indigenous companies has expanded into?
Business › Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by edoman2016: 2:03pm On Oct 16, 2017
Vivere:
Oga, I beg to disagree. Kenya, Botswana and South Africa have a lot of things you can write about. Power supply in each of these countries, beats our own hands down. Not to even talk of road infrastructure and others. You need to visit these countries to appreciate how far they have gone in terms of infrastructure, and standard of living. Don't look at size or landmass or population alone. Yes, Nigeria is bigger than those 3 countries, but is it better in terms of infrastructure and standard of living? No.

Even Namibia as small as it is, is also not a bad place.
As far as Africa is concerned, no country come close to Nigeria except south Africa. I am a seasoned economist and I am telling you the fact. Kenya and Ghana are in the league of just Lagos; a state in Nigeria. And you know what, the GDP of Lagos is still higher than Ghana and Kenya. I repeat in Africa, only south Africa can withstand Nigeria when it comes to economic growth (GDP) and indices in the whole of Africa. What the value of naira can purchase, the equivalent in other African countries can not buy it except south African Rand. It's an indisputable fact. You will appreciate Nigeria as a country, when conferences and business meetings take you to other African countries. Then you will know how Nigeria are ahead of them except south Africa
Business › Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by edoman2016: 2:00pm On Oct 16, 2017
Vivere:
Oga, I beg to disagree. Kenya, Botswana and South Africa have a lot of things you can write about. Power supply in each of these countries, beats our own hands down. Not to even talk of road infrastructure and others. You need to visit these countries to appreciate how far they have gone in terms of infrastructure, and standard of living. Don't look at size or landmass or population alone. Yes, Nigeria is bigger than those 3 countries, but is it better in terms of infrastructure and standard of living? No.

Even Namibia as small as it is, is also not a bad place.
As far as Africa is concerned, no country come close to Nigeria except south Africa. I am a seasoned economist and I am telling you that fact. Kenya and Ghana are in the league of just Lagos. And you know what, the GDP of Lagos is higher than both countries. I repeat in Africa, only south Africa can withstand Nigeria when it comes to economic growth (GDP) in the whole of Africa. What the value of naira can purchase, the equivalent in other African countries can not buy it except south African Rand. It's an indisputable fact.
Business To Business › Re: Thread For Pure Water Business Both Existing Producers And Intending Producers by edoman2016:
solarj05:
Drop your phone number, I'll call you so we can discuss.
Business To Business › Re: Thread For Pure Water Business Both Existing Producers And Intending Producers by edoman2016: 11:36am On Oct 11, 2017
solarj05:
Features:
Stainless steel work surface
Stainless steel filling equipment
12 bottle filling points
Automated conveyor system
Adaptable to fill different sizes of bottle
Production range 1000 - 2000 bottles per hour
Voltage 220v 50hz 470w
Weight 650kg
How much do you fabricate semi automatic filling and Capping machine with capacity of 500 litres per hour and two nozzle.
Business › Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by edoman2016: 4:26pm On Oct 10, 2017
Nice thread. I am sure some serious unemployed graduates will pick up one or two lessons from this thread and start something. There is no job in Nigeria. The earlier Nigerian youth realize it, the better.
Travel › Re: Living In Australia/life As An Australian Immigrant by edoman2016: 1:05pm On Oct 10, 2017
tyosho:
It will be nice if this thread is restricted to info about life in australia.Not questions on how to secure visa or gain admission.

My family and I made use of IOM to secure our travel tickets.We went with emirates and had a stopover in Dubai.Nothing special about the travel experience.We were entitled to 40kg per adult,40kg for a child and 23kg for infant.We also paid for 2 extra bags of 32kg each but i hear prices have gone up so cargoing is cheaper.You can cargo through certain airlines like saa,emirates and etihad.
All in all we had like 12 luggages.
I went with ALL kinds of food stuffs except beans(becos of weavils).With my food items,i put them individually in transparent bags and labelled them.Fish,egusi,dry pepper,garri,amala etc.
Got to melbourne,declared i had food items but was not searched and was allowed to go through.

We opened accts with NAB and commonwealth bank but didnt transfer any money from nigera.We went with some cash and left the remaining in a GT dom acct and transferred from there to our OZzy acct when we arrived.We also opened a dom acct in OZ(commonwealth bank was seamless) for ease of transfer.There might be a cheaper way to transfer funds but this is what we did.

We stayed with family in Northern suburbs initially but got our own place in the Eastern suburbs,somewhere not far from Dandenong.We settled for the East because its quite busy,more factories and industries in these areas.If i dont live in the East,I will go for the North and West in that order.West is cheapest but people say it has a history of crime.I however have friends who have lived in the West over 10years and have never had any incidents.Anyhow,wherever you decide to stay is fine.Just get somewhere close to the train station and mall.

In melbourne,you can use your naija license for 6months.My husband passed his victoria drivers test on first attempt,i havnt tried yet for my drivers license.People say though that it can be quite tough cos i know someone who failed 5times!I was able to start driving within 2months of getting here.Just remember,you drive on the left always.

No ideas on how mortgages work but when choosing a neighborhood,also consider ones with good schools if you have kids.If your kids are still of daycare age(below 5),use careforkids.com.au to compare prices,reviews etc.

Settling in was not bad for me cos i had friends and family here already.My kids settled fine as well.

Upon arrival;
Get a mobile sim(i use lebara)
Apply for TFN
Open a bank account or go and activate the one you opened from Nigeria
Go to centerlink and medicare for registration
Get a travel card(MYki card if in melbourne).

Update your linkedin profile and make it very appealing to recruiters.You can also search for recruiters on Linkedin.

With regards to work,there is always something to do.It might not be want you want initially but there is work.Some people start off working at factories,aged care homes,disability and support centres etc until they eventually get what they want.Some people also end up going into nursing,community welfare,policing etc.But like i said,if you dont mind chopping humble pie to start somewhere earning money with these blue collar jobs,you will be okay.I know people who have houses with money earned from these blue collar professions.
There is dignity of labour here so people dont care what job you do to earn money.

For transportation,if you can afford it,pls plan to buy a car asap(carsales.com.au,gumtreee.com.au).please buy cars with roadworthiness and valid registration(at least 6months).If no car,you can use the metro system until you can afford to get a car here.

For housing,a friend referred us to her agent who leased us an apartment even though we didnt have jobs at the time.She accepted our bank statements as proof of income.We pay just a little below 2k monthly as rent.

Then i also just found out about NRAS housing scheme from a colleague days back.Its for families who fall within a certain income threshold.IF your rent was like 350,you would pay like 260 and the govt will pay the balance.I dont have much info as i dont qualify anymore since hubby and I both work now.But im certain most freshbies would qualify.

With furnishing the house,we went across gumtree.com(for people who were selling their furniture due relocation or other reasons),kmart stores( for kitchen items),bestbuy.com(this is a company that sells new electronics at reduced prices because they have scratches or marks on them;there are plenty stores like that but this is the one i patronised) and ikea stores(for kitchen and beddings)

For people that dont mind as well,in order to save costs,you can patronise Salvos stores(its a charity shop that all kinds of household items in great condition)

During cold weather,you wear jacket and use heater(we paid almost 200 a month for heating during this past winter)

I do most of my shopping at Dandenong Market as food stuffs there is cheaper than everyother place I know.There is also Marmara market at Dandenong(all kinds of food items including shaki,cowleg,cow tongue etc) and an African store not far from the market(cant rememeber the name).At noble park is SUR african shop where i get dry fish,palm oil,egusi and stuff like that.

With departmental stores,woolworths is most expensive and aldi is cheapest.Coles is in between.
I know of only one nigerian restaurant that recently opened in the city and i have never been there before.
There is also another popular naija shop in the West called Fatimoh"s shop

With centerlink link claims,we were paid family tax benefit part A and B,family rebate and child care assistance.This all sumed up to $621 forthnightly for the first 4months,it came down to 550 and then now sits at $89 fortnightly.It reduces with every income increase.
Childcare rates was $113 for two kids initially (5days a week) and now is $370 a week.

We also got a concession card which has now been cancelled since we both have jobs.With the concession card,we paid discounted electricity and waterbills,half price for transportation,free ambulance cover,susbsizied fees if we had done any studies at the time and my first kid who is in kinder got 15hours free of daycare weekly .

With jobs,for me,it was just God.I got a job in the Tier 1 team of an IT company with no technical knowledge whatsover.It was my 3rd video interview and i got the job two months after arrival.I commute 54mins by train to the CBD which is quite a distance by OZ standard.But i dont mind really.I got the job through indeed.com which i prefer to seek.com
There a couple of recruitment agencies i know and i will list as i remember.

Strategy one(blue collar)
Adecco
Hoban
Ozstaff(blue collar)
Randstad
Sharp &carter
Hays
Smaart



cc Bellong,vinsmuft,funkjo,oknee,hordunayo,incemay,abeg you guys should come and add o
How much is average salary for entry level graduate jobs in Australia? And what is the average total expenditure for a single guy in a month in Australia? Kindly help with my enquiries.
Romance › Re: Is It Good To Have Sex With A Lady In Her Father's House by edoman2016: 6:22am On Oct 10, 2017
kelsberg007:
Is it good to have sex with a lady in her father's house?
Is it good for your sister to have sex with her boyfriend in your father's house? Wouldn't your father felt disrespected?
Jobs/Vacancies › Re: Top 50 Highest Paying Companies In Nigeria That You Do Not Know by edoman2016: 12:16pm On Oct 06, 2017
Op, you should include bank of industry. Fresh graduate is paid monthly salary of 350,000 naira with other bonus.
Agriculture › Re: My Experience As A Produce Marketer by edoman2016: 3:39pm On Oct 02, 2017
EMMAACHILE:
Rice farming is one of the most difficult to do. In Kogi especially Lokoja area, the rice must be timed to avoid disaster of birds consuming all the grains at harvest.
There are easier crops to cultivate.
If I must play in the rice industry, i will go for a rice mill where a 200kg rice paddy of 14,000 will produce a 150kg of refined rice (3 bags) which wholesales for 14,000*3=N42,000.
A return of at least 100% is guaranteed.
Please, how much does a small scale rice milling factory will cost to set up?
Business › Re: Weight Scales Of Any Sizes For Urgent Sales by edoman2016: 6:21pm On Oct 01, 2017
It's far cheaper buying your products from AliExpress.com. Try to less your process if you want patronage from Nigerians.
Politics › Re: We Have Spent N50bn Taking Care Of Benue Flood Victims – Gov Ortom by edoman2016: 9:58pm On Sep 24, 2017
The governor of Benue state is a joke. The valuation of Benue as a state is not worth 50 billion naira. Is it not that same poverty stricken Benue state we are talking about? I am sure since the creation of Benue state, the state has not generate 50 billion naira as their internal generated revenue.
Business › Re: Weight Scales Of Any Sizes For Urgent Sales by edoman2016: 3:54pm On Sep 23, 2017
Don't just post pictures. Quote the price you are selling each too.
Business › Re: Learn Sales: Group For Sales people And Budding Entrepreuners by edoman2016: 9:06pm On Sep 20, 2017
Ifylicious:
Any of the two. I am selling chinchin. Do you kno2 how one can get them?
What you need is sales canvassers to push your chin chin to your target markets. Your target markets should be shops in busy locations like motor garage, public and private schools, offices in business districts. If you need sales canvassers, there are lot of job agencies in Ikeja computer village. Kindly contact them for their services.
Business › Re: Learn Sales: Group For Sales people And Budding Entrepreuners by edoman2016: 4:57pm On Sep 20, 2017
Ifylicious:
Good day, Please how can i get all these hawkers that are usually at strategic areas? Is there any associations for them or what? Thanks I await a reply
Do you mean sales canvassers or hawkers? What products are you selling? It will determine the one you need.
Business › Re: Learn Sales: Group For Sales people And Budding Entrepreuners by edoman2016: 2:39pm On Sep 16, 2017
cj1080:
First off, who is your target market?

Are they
Restaurants
Bars
Families
Clubs
Supermarkets

You will need to find out what type of fruit juice they are buying?
How much they are buying them for?
Why they are buying them as against other brands?


Will credit sales help you brand reach?

If you sell on credit will more people buy or less?
If you don't sell on credit, how many buyers will you have?
In a test month of selling on credit and another of not selling on credit, what was the total sales?

I can't really advise you on credit sales as you will first have to test both to know which best suits you.

But I can tell you that if you brand is well received and liked, then the amount of credit sales will reduce.

Now to your final question

Marketing strategies?

What has worked in the pasted for other fruit juice companies?

Is it road shows?
Market surveys?
Or physical brand reps in sale locations?

Have you tested any of these strategies before?

I know I answered most of your questions with a question.

But what I want you do is, see these questions as likely tests or processes for developing a sales process for your product.
Selling on credit generates more sales than not selling on credit. But selling on credit affects our cash flow and production targets since we don't really have much money for working capital on ground compared to the big companies.

Sometimes, we had to wait between five to seven days to receive payment from our customers after supplying them.

I never knew Bars is also a target market for our fruit juice. Is it not only alcohol that is sold in Bars?
Business › Re: Learn Sales: Group For Sales people And Budding Entrepreuners by edoman2016: 9:30am On Sep 16, 2017
cj1080:
Your welcome bro.

Will be sharing books and audios that cover the process of selling and how to become a better sales person.

Look out for books from none names, I. E Brian Tracy and the likes
How do I introduce new product which is fruit juice to my target markets? How do I avoid selling on credit to my target audiences? What marketing strategies will you suggest to me on how to penetrate the markets in Lagos?
Properties › Re: Starting A Furniture Business, How Can I Make It Lucrative? by edoman2016(op): 7:19pm On Sep 15, 2017
braine:
Its good you have planned your business.

I think you should venture into household furniture coz you'll have a large consumer base which would have cheaper making costs compared with office furniture which would cost you much to reach your customers.

The location of your business may be determined by how much you can afford for a showroom around the area: a showroom at Lekki will be costlier than that at Iyana Paja, obviously. So, stating how much you have in your budget would help you decide faster.

About marketing strategies; I think you should start with the traditional flyer printing and distributing around the area for awareness and then taking it from there.
I am thinking of getting an open space in middle class neighborhood such as ilupeju, Ikeja GRA etc. I believe residents in those neighborhood will have the purchasing power to buy good locally made furniture compared to low income neighborhood like Agege, iyana ipaja etc. The cost of renting an open space in those middle class neighborhood in Lagos is too high.
Properties › Starting A Furniture Business, How Can I Make It Lucrative? by edoman2016(op): 5:45pm On Sep 15, 2017
Guys, I intend to start a small scale furniture business in Lagos. I need advice on how to position the furniture business to be profitable.

Between home furniture and office furniture, which do you think will sell fast? Where in Lagos do you think it should be the location of my furniture showroom? What marketing strategies will you suggest to me in order to boost sales? I am starting the business on small scale with start up capital of 500,000 naira only.

Kindly make a suggestion or comments.
Business › Re: Johnspeak Uwangue: 4 Business Lessons I Learnt From A Physically Challenged Man by edoman2016: 3:16pm On Sep 14, 2017
OP, you forgot that the poor and lower income earners constitute the larger percentage of Nigerian population. Whatever you are selling, if the poor and lower income earners can not afford it, it will be difficult for your business to succeed in Nigeria. How many people are rich and wealthy compare to the poor and low income earners in Nigeria. ? You forgot that business is about turnover.
Family › What Has Patience Taught You? by edoman2016(op): 1:59pm On Sep 13, 2017
Patience has taught me many things are not always in our hands, sometimes our goals can be achieved only if and when others move forward. You have to wait and watch.

Also, It has taught me to give time to everything to unravel themselves and not jump to conclusions regarding how pathetic life or a situation seems right now.
Business › Re: Pepsi-Cola War Disrupts Market by edoman2016: 9:44am On Sep 13, 2017
I trust nigerians. They can't buy any drink that is above 100 naira. That's why carbonated soft drink sells more than fruit juices or yoghurt in Nigeria. And everyone knows soda drinks is not healthy. Too much poverty in the land is the cause of it
Business › Re: Distributors Of FMCG Are Needed by edoman2016: 8:44am On Sep 08, 2017
powerfulG:
Less than 100 cartons can only make you a Sub Distributor.
What is your location?
Can you send some sample of the chin chin to my shop in Ogun state to taste the quality of chin chin firstly?
Business › Re: Is Sales Of Furniture A Profitable Business? by edoman2016(op): 6:21pm On Sep 06, 2017
JODELL:
Instead of renting a store, why not built a website for custom built furniture, where you go to clients and get their other and your guy built the furniture according to the customer custom specification and your website at as your showroom and you can market to the whole Nigeria than marketing only to your store location, and spend the 30% of the cost of the store to built an online store and move around to market your products to prospective clients. If you needs further advice you can reach me on 08033761664. We are technology and management consulting firm.
Thanks
Having an online furniture store is a good idea. The problem is the awareness of the furniture website (traffic) by Nigerians. Or else the online furniture store will just be unpopular and redundant.

Also, I have a doubt about creating online furniture store. I believe people will always prefer to buy their furniture from physical store. They want to see what they are paying for. Not all business can be done online. It's just a like a person trying to sell block or cement online. Nobody will buy it online.
Business › Re: Is Sales Of Furniture A Profitable Business? by edoman2016(op): 6:18pm On Sep 06, 2017
JODELL:
Instead of renting a store, why not built a website for custom built furniture, where you go to clients and get their other and your guy built the furniture according to the customer custom specification and your website at as your showroom and you can market to the whole Nigeria than marketing only to your store location, and spend the 30% of the cost of the store to built an online store and move around to market your products to prospective clients. If you needs further advice you can reach me on 08033761664. We are technology and management consulting firm.
Thanks
Having an online furniture store is a good idea. The problem is the awareness of the furniture website (traffic) by Nigerians. Or else the online furniture store will just be unpopular and redundant.
Romance › Re: I Am 30yrs, Earn 35k A Month And Will Marry A Student In A Months Time. by edoman2016: 3:28pm On Sep 06, 2017
vladimiros:
anybody praising this OP is just as foolish as the op

op is a madman, I fvcking mad man

30k salary and he wants to get married .

op let me make u feel bad.

I am 23 and last month I made over 800k, what do I do? agro trading..simple

I started with 50k. I currently have 3 employees..

and the 800k even small sef.

op u better fing money or else..

I have warned you
What kind of agro trading are you into? Can you please explain better? Maybe I could be interested.
Business › Re: Is Sales Of Furniture A Profitable Business? by edoman2016(op): 1:20pm On Sep 06, 2017
ugomnaanny:
Nice one. Everything depends on location and advert.
Can you suggest good location for the business in Lagos and how to advertise it?
Business › Re: Is Sales Of Furniture A Profitable Business? by edoman2016(op): 12:52pm On Sep 06, 2017
Don't just view. Make a comment.

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