ElevationD's Posts
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TEYA:Confused young man. Why not tell VDM to return to his village. Why not ask him how much he sells his phones. By the way, have you completed your secondary school education? |
TEYA:You forget that your people also import goods from the Chinese? That means that your people are very lazy too. Are they not? People whose only job is to drink shepe, make noise and join agbero at the motor garages. No be una work be that? Show us who forms more cartels than your people. Pepper sellers association. Welder association. Hairdressers association. Guguru sellers association. Association of vegetable sellers. Is that not why aso ebi is so popular? Are your associations not made to swindle and punish you all with high prices? |
Afrojuju2017:Manufacturers are not technically supposed to be in the retail field. But it is not unusual to find manufacturers get involved in the retail side of business. It is common here in Nigeria, just as it is with Asian companies. No manufacturer wants to have his warehouse filled with unsold goods. In China, as in other countries, you pay for storage. Your goods must be shipped upon completion of production, to give way for more goods. Once again, note that Asians consider Africa as a very large market and manufacturers want to be part of the market. A lot of them want to find their ways into the markets, but are hindered by the lack of contacts. The contacts are our importers who purchase products from them. They get information from importers who do not know their motives. Price gourging? Definite NO. A serious importer wants to brings goods, sell at very good rates, make quick turnovers and return to the manufacturer with new orders. Prices are increased outside the warehouse of the importer. Let’s use Dangote as our example again in the Nigerian market. He is the largest petrol producer in the country. Ordinarily, distributors are expected to load in the facility using their own trucks. It was the process until Last year when Dangote got involved with the logistics end, purchasing thousands of trucks to deliver products nationwide. Transport owners complained, but it remained his policy. Now he’s involved in retailing. That’s the same way with certain manufacturers. They get involved in the entire value chain, stifling competition and rendering many jobless in the process. So, yes, the Chinese found the way here. They have been here since for ages, as the country has held a lot of potentials for them. For youths here who do not understand the implications. They simply think that it is a way of chasing citizens of the SE away from the market. They have not considered the capital flight that comes with it. They have not considered the joblessness that it creates. They same have been screaming when they see Nigerians getting ill treated in Chinese owned businesses. |
Afrojuju2017:“My grandfather was a multimillionaire in the 1930…”. Is that not a story? You no get small shame for eye. We are talking of 2026 and you are talking of your grand papa of 1930. Abeg shishi no dey you and your papa hand. Make we hear word. |
Afrojuju2017:“My grandfather was a multimillionaire in the 1930…”. Is that not a story? You no get small shame for eye. We are talking of 2026 and you are talking of your grand papa of 1930. Abeg shishi no dey your hand. Make we hear word. |
Mrexcell:Don’t mind them. Na only amala and gbegiri dey their head. |
Goonnik:So, mind your own business. Short and simple! |
Tareq1105:Enjoy your political power that brings you hardship and misery while we enjoy our economic power that brings us peace and joy! |
Afrojuju2017:If they ask you to show your papa house, you no go know. Dey claim Lagos and region wey you no come from. |
FSBoperator:If you play violin fall down, let me know, make I send medicine to you. Remember say na we dey sell medicine to save una lives. |
lordm:Is APC not the cause of the problem? Be honest with yourself and tell yourself the simple truth. |
BATified2023:Unfortunately we have not stopped and will never stop. We hold una blokos. By the way, where will you get drugs to save your lives if we stop? |
victorazyvictor:Great question. Do you remember that a time, Dangote talked about building his factory out of Nigeria? Do you remember that Erisco moved the business out of Nigeria? With goods from Asia, it is first not a manufacturing problem. There certain household items are manufactured by them and we end up importing them. If traders choose to manufacture locally, too many challenges or bottlenecks make such moves hard, It is not cheap getting involved with manufacturing. Let me use nails as an example. It used to be cheap purchasing nail making machines and setting up the industry. Now it is almost impossible. The same goes for even our palmoil. Machines used to be cheap, but now almost out of reach for intended manufacturers. We have the resources, but the cost of manufacturing in the country is huge. |
TEYA:Are you still in secondary school? Clearly you do not know what we are talking about. |
Kalulu44:Let me give you an example. There’s what called OEM. The manufacturer in Asia by the trade laws is able to produce what you want in your branded name. His factory is probably a new factory that wants a market in Africa, particularly Nigeria. You purchase a twenty foot container to start with. You pay all the charges and deliver to your warehouse. You take your time to sell. Next time you purchase a forty foot. And then you move up to ten containers. The manufacturer begins to ask questions as he wants to expand his business, seeing that the goods are now well known in the market. He has a large factory and is able to produce one hundred containers monthly. He begins to target your country. In no time, you see those same goods, with different names in the market. He floods the market with the goods. He delays your production. He is able to produce one hundred containers to flood the market monthly at cheaper rates. He gives you higher rates for the few containers that you buy. He employs more workers in his factory. He visits Nigeria, bringing along with him one or two sales persons and they remain here. The Nigerians lose grounds, shops close and they are out of business because of the unfair practices of Asians. That’s the issue. |
TEYA:Have you bothered to ask VDM how much he sold the phones that he imported after all the noise that he made? Have you? Did VDM sell for free or perhaps did he sell at the factory price to impress his audience?’ So una no get sense know say VDM was trying to venture into that business? How far now with him? Have you patronized his business? |
Sleekfingers:Na so una go dey talk. Small children. Go and ask General Babangida what happened to the textile industries. Ask General Babangida why he introduced SFEM in August 1986, effectively devaluing the naira, which had not recovered up till this day. Ask General Babangida why cotton production seized. Ask Babangida why he closed down the Nigerian national supply company, the major federal organization that used to import fertilizers used then. When growing cotton became an issue, should Nigerians walk about naked? Who ere those traveling to Europe and USA to import clothes? Na Yoruba people. When you purchase bad products from Chinese people, remember to tell your people the exact source. |
shortgun:Don’t mind the ignorant FSB guy. |
FSBoperator:This is called hoping against hope. Tell us how that will reduce the cost of goods please. Will that phone in your hand sell for cheaper amount? Will the cost of that your boxer, covering your small yansh and small okro size prik get cheaper? No be only mega warehouse. Na storekeeper. With Chinese towns existing for years, tell us how the cost of products have reduced. |
FSBoperator:How can we leave our houses where we are landlords to your people and relocate to Onitsha? Una want to thief house wey una no build? Since you did not know that the Chinese are in Trade fair, why shooook your mouth into what you knew nothing about in the first place? |
Kalulu44:Sure, she may not need a vehicle. She apparently has some people who come to her mini factory to pick up, making her cut off the cost of taken the items to the market directly. However, it is no longer that easy. There’s no small way to it. Equipments are costly, even for the small ones. Even without a vehicle to confer her items, she needs approximately 4m. However, NAFDAC requires to manufacturer to have a safe property. Gone are the days when people could use one room in the flats. No approval from NAFDAC for that anymore. So she needs a land with at least three rooms built. The lady knows them all, but her problem is the finance. |
FSBoperator:Owner of Lagos. Na your house you kuku dey stay make mouth. No be only disbanded, na unbanded. We know that you are from one village in Osun state. You want Nigerians to relocate out of Yoruba areas, while your people travel to Europe to become Europeans. Fa fa fa fa fawol. |
FSBoperator:Show us the better prices. Show us how the prices of phones imported from China, sold by the Chinese and your so called middlemen have reduced. Show us how the prices of those your okrika clothes have reduced, even with your Chinese as the retailers. Since we are businessmen, let us face our businesses, while you face APC and whatever reward that you all receive from the poverty inducing party. The Chinese are here to teach your own people business too! By the way, that phone in your hand, who sold it to you? Even if you cannot identify the middleman, can you pretend that it was not imported by a middleman? |
Kalulu44:Setting up that business is no longer easy for those interested. The cost is very huge. Let’s take it for granted that she has the water satchet making machine. Let’s overlook the capacity. She needs a very clean and safe area. She needs a clean apartment where her machines can be set up. She compulsorily needs a purifier. She needs a company name and NAFDAC registration. She needs a vehicle for distribution among other logistics. Who will upgrade her? Who will help her? Anyway, the law is the law. She may have been exposed to trouble. |
BATified2023:Who send you to buy from middle man? If to say common sense go allow you, you for know say the same Chinese are middle men too. APC no dey let person think straight. Wake up! |
BATified2023:What is our concern with that? It pains you deeply that the same people surround you completely. Your gadgets, your house, your clothes, shoes, kitchen equipments, everything sold to you by the same people. Added to that, they are your landlords too. They sell drugs to you that save your life. Why not simply clap for them. Praise them, so that they can do more to help you. |
FSBoperator:What else should we expect from an Islamic radicalist, clothed in ethnic garments to demonize others. Primate whoever, I believe that you are foreseeing more hardship with APC for yourself. Common sense should have told you that your Yoruba people control huge chunks of the retail markets in Trade fair and that protest includes Yoruba people who carry on their trade in that area. Commonsense should have told you that a huge chunk of importers are Yoruba people. Anyway, it is good to note that the people that you castigate, actually make life easy for you by bringing daily needs that you need to run your life with. Imagine how APC has so made many of you lose whatever is left of your small senses. You practice free trade, yet your citizens lose their jobs to unfair competition to foreigners. You think that Donald Trump is stupid in protecting American industries and economy with his tariff plans. Tell us the day that has come. Tell us how you purchase goods at cheaper rates. Give examples, at least since APC assumed leadership since 2015. Tell us how you purchase cheaper with Alibaba or Temu. That’s how some of you disgrace yourselves with your very poor knowledge. With Jumia, Jiji and OLX, tell us how prices dropped to favour you and how prices will drop to favour you with Alibaba and Temu. Maybe you are the manufacturer that will post your products at very cheap rates there, importing them for free. We are talking of protecting Nigerian jobs in this APC hardship economy and this one bewitched by APC is talking about deportation. |
FSBoperator:Oga, too much APC, Iran and tribalism is clearly taking its toll on you. If you understood the issue, you’d not have made such a comment We are talking about unfair trade practices that affect all Nigerian importers, who sell Chinese/Asian manufactured goods in various retail markets across the country. It has to do with Chinese manufacturers, who make importers purchase at high rates in Chinese factories to sell in Nigeria, while the same Chinese manufacturers, seeing that their products move in the market, seize the opportunity to bring in their own staff and flooding the markets with the same goods at far lower prices, therefore putting Nigerians out of jobs. Oga, Nigerians take the risk a lot of times, importing unknown products into the market to advertise. Manufacturers notice the rapidity of sales and plan how to bypass those who made the effort. Many years ago Asians used to have well spelt out trade agreements with Nigerian importers. They put an end to that. Now the same products are found in the market, manufactured by the same factories, but with other brand names, taking advantage of OEM as the manufacturers. Oga, the Chinese retailers that you see in the streets are direct representatives of factories in their home country. They are not looking for jobs. Go to trade fair, Alaba and Lagos Island markets to see for yasef. The same happens in the SE and NW. So oga, no one is talking about immigration or your imaginary edict. We are talking of protection for Nigerians. We are talking out of personal experiences and not what APC wants us to pretend to say, as they tell you people. The same people like you get angry that Nigerians in South Africa had their shops locked up by South Africans, who felt that their government did not do enough to protect the jobs of the citizens. Tell your leaders who have political power to look at protecting Nigerian traders and effectively ensuring that jobs are not lost, in this APC hardship afflicted country. |
TonyeBarcanista:Sorry bro, I think you are missing it. You cannot be manufacturing the same product for me; I borrow at high amounts to pay your product price + shipping costs to deliver to my retail shop in Trade fair, only for you to compete against me by bringing the same product to the same market directly from your factory at very cheaper rates and expect me to stay silent. That’s very unfair trade practice. |
TonyeBarcanista:Agreed with you partially. However, do you think Donald Trump acts counter productively in protecting American industries and citizens? I think Donald Trump does the right things when it comes to trade with other countries. Government has the business of protecting the interests of the citizens. The Asians do that too. Trade fair is a retail market area, where over 90% of the goods traded there are imported into the country. The Asians who have very solid industries, secure visas to visit Nigeria, reside in Nigeria, import from their industries to physically sell in the retail markets. I don’t see that as fair to Nigerian traders who import from the same Asian manufacturers at high prices, only to find the same Asian manufacturers competing with them in their retail markets. That the reason for imposing tariffs by Donald Trump to check make the excesses of the Chinese. Take off the unfair practices and provide jobs for his people first., My former Asian manufacturer at some points repeatedly also asked me about the possibility of agreeing with him to manufacture here in Lagos, the same product that I used to import from his factory. When I discussed partnership with him in his country to set up a factory for a particular item that he used to act as a middle man to get for me, he gave me a hugely inflated set up cost that put me off. |
If other nationals, including Asians can demand that Nigerians should be deported from their countries, Nigerians have the right to protest such unfair competition by the Chinese and Indians. Before now, it was the Indians in the garment and plastic industries. Now it is the Chinese, Cambodians, Taiwanese and Vietnamese , who manufacture the products in their countries, make the prices high for Nigerian importers there and then ship their own containers to Nigeria, to sell directly in the Nigerian retail market. Most Nigerians are not aware that a lot of the used clothes and shoes that they purchase are not only from China, but from Cambodia and Vietnam. Sadly, while the Chinese are increasing their presence here, establishing Chinese towns and factories, our citizens are busy playing local xenophobia politics and destroying themselves. Infact, the same Chinese now parade the streets of Lagos with their wares, selling directly on the streets. |