₦airaland Forum

muhammed001:
Hello everyone please I need your advice and encouragement on this mini importation business because i am really facing problems on this importation biz.


What I found out now is that the things I import are always cheaper at lagos

Because my first order was 30 watches and after buying them I found out that they are even cheaper in lagos than importing them because I want to sell them on wholesale price.

My next order was tummy slimming waist trainer for women. When I received the samples I said let me go and look for buyers that will buy it on wholesale before importing them
When I got there I found out that my price is higher than lagos price.
Even the price I bought it is higher than lagos price not to talk of adding profit.

please how can one really make money from this mini importation biz?
I am buying from 1688
Please help me with a solution to this problem or is there anything I am thinking wrong?

The goods are always cheap in china but when you calculate the total cost price of the goods and shipping fee, you will found out that is very expensive when compared to the price of lagos.

Then you will start saying that buying from lagos is even cheaper than buying from china. So now, what is the big deal on importing from china or uk/us when we can even get it cheaper in lagos?

Info marketers will always show you the prices of the goods in china but they will not include the shipping fee.
Sometimes the shipping fee can even multiply the cost of the goods * 4 and above.

Please your contributions are highly welcomed.

Reasons
1 you are importing small quantity
2 U are buying at high street prices
3 you are not placing order at factories for them to produce to your specification
@ #3 I realize the Chinese can do anything you want even brand your product for you. If you want to make it big U gt to physically go to China to these factories in other to brake even.

palibc:
refineries or no refineries, it is unjustified for Nigerians to be buying fuel at the price we are....they should stop giving import licence to their political allies. Some of the people agitating for subsidy removal are those who have been whipped sore by the dwindling crude oil prince.
Who is buying our crude? So it does not make any economic sense any more for them(agitators) to continue with racketeering.

Tonyebarcanista, if the federal government gives me import licence today, I can get you fuel at most 20 naira per litre. Even, the touted subsidy removal is not removal but review to reflect the present reality. subsidy is still there and Nigerians are still misinformed about the whole thing...

Oga from where you go buy your own fuel.which country I wanna know

asuustrike2009:
It all boils down to policies put in place by the government. production cost can come from within Nigeria and there might be no need for foreign cost. The India market and ours operate.differenly because of business environment

The only thing that is local is crude Oil which is only %25 constituent when it comes to petrol production. Do we produce all the catalyst used?the solid acids used?all the oxidizer agents used?U want me to go on? ?
Production of petrol goes far beyond fractional distillation and cracking

kilokeys:
FP article.

So true.

The only way to curb phone theft is by not buying second grade phones..

#saynoto2ndhand

Nah I don't think so. The way for we'd is to force telecoms to register the IME of each fone b4 it can be used no. Their network that the IME can be blacklisted if stollen .so a stolen fone wont recieve signals.

asuustrike2009:
It will fall. it's a matter of time before we begin to see the effect. As I earlier said, excess supply over demand forces producers to reduce their price. If we have some many persons refining petroleum products in Nigeria, they would want to secure large market shares as we see happening in the telecommunications industry. Giving license one one or two operators will make the price high at the initial stage ,gradually licenses are issued to more operators of which they wouldn't sell at same price with their competitor.

I think you guys are getting it wrong in comparison. There are two sides unlike the telecoms. U have raw material and machinaries one is local the other is foreign. Hve any of you checked the cost of petrol abroad? I just found out its $1 in India.

There is no gain for the man on the street if subsidy is removed.plz if anyone disagree plz kindly put your reason in Naira and kobo

TonyeBarcanista:
The estimated open market cost for the product is N90 per litre. It should even be lower in real sense.

It's better for the yams to be separated from the goats.

Bro wrong very wrong.I dont have the exact figure but it can never be anywhere near N150.it would definitely be above N200.the first question you should ask is from what country do they import then check their pump price minus VAT @%20. Should we assume they import from the UAE?

Durentt:
Lol i cant seem to wrap dis idea how Engineering students think or act lik they do/know mathematics aspect more dan those who spend all their freaking lecture hours solving am Pure Mathematics student nd an engineering student came to me today saying "am wastin my time doin pure maths that dey (engineering) are equal to mathematicians plus dey hav added engineering knowledge. I was lik wtf, suite urself, i kno why i chose mathematics over engineering during JAMB. Am not a foool.
Engineering students brag to be all rounder but i refuse to accept an engineer can replace a mathematican except in a useless country lik nigeria

Cos there is always a degree of calculation involved in all we do.

frisky2good:
The last time I checked the official landing cost of petrol, it was 94 naira and the official pump price is / was 87 naira meaning the government was paying the difference. That amount is the subsidy. If it is removed that means we will have to pay the full cost depending on how much the importers buy from refineries abroad. However, Nigerians will end up losers because the basic steps have not been taken by the FG. We need to grant import licences to more companies so the current importers that have formed a cartel will not fix prices. FG should also hands off product pricing and let market forces determine price.

Cc: airforce1

From where did you get 94 as landing cost of PMS?

AXYZ:
Sadly, Most of the subsidized fuels are transported to the neighbouring African countries for more gain at the detriment of the expected beneficiaries (Nigerians).

That's one of the scam right there and the FG pays for empty vessels they all share the loot and laugh t the masses
Mind yoy these govt officials are not politicians they have been there for years.

TonyeBarcanista:
Every year government pay hundreds of billions to oil marketers to subsidise the pump price of premium motor spirit(petrol/fuel) so that you and I can be buying at a price lower than the open market price. What these marketers does is to fleece you and I by hoarding the product and force us to buy at much higher rate than even the open market price while still collecting billions on subsidy. What the government want to do is very simple; since open market price is estimated at N89-N90 per litre, they will no longer subsidise it(it's affordable). That means marketers will be competing among themselves to woo customers and we will experience less sabotage considering that nobody will want to lose their share in the market.

How will you benefit? Simple...
1. You will most likely never experience a situation of buying fuel at N3-N5 above the open market price.

2. The hundreds of billions giving to marketers annually will be channelled to productive ventures.

3. The issue of fuel hoarding may hardly arise.


Cc: Airforce1

Seriously that does not show how it helps the man on the street.these billions you say get into the hands of importers and corrupt govt officials will definitely find its way of disappearing through another scheme.
I'm shocked nobody knows the benefits of subsidy removals amongst young people today however I know why cos there are NONE. No benefits for the ordinary man on the street..What govt should do is look for ways to close the loop holes used by these importers to scam Nigerians.for example what prevents the Customs from doing %100 physical inspection of vessels that bring petrol. Why not set up a task force mandated to check weigh bills at point of lifting and at point of discharge? .If he removes subsidy we will never see petrol in Nigeria.if we did it will be minimum of N 500 per litre.reason being it cost up to N150 or more to refine 1 litre of petrol. Now when you add logistics and other overheads plus taxes what do you think the final cost would be.Once again this govt is a scam telling us it removed subsidy with no working refinaries is a big scam.

adanny01:
Before that filling started getting supply which i filled my tank, i bought fuel in this same town at 160, 165, 170 and 175 before christmas.

While in kaduna, i had to travel from the town to Kujama to buy fuel at N145.

What am saying is there is fuel now.

For south south states, i have lived in Akwa Ibom and even when there was no scarcity, their pump price is usually higher than the official price on most private markerters. They are always the first to hike prices in anticipation to fuel scarcity. Once any part of the industry plans a strike, they hoard and hike immediately. I want to believe Northern marketers are less greedy.

I need to understand your frame of mind so I get you correctly in your own word. So if subsidy is removed what do you think is your benefit as a motorist in Nigeria and do U think fuel will be cheaper or higher?

PassingShot:
I don't need your preaching about your political leaning or absence of it. I could have ignored you but thought to educate you a a bit perhaps you will understand better.


If you're conversant and exposed enough, you will understand and accept that GEJ's attempt at removing subsidy had everything wrong with it. Firstly, in November of 2011 or thereabout, GEJ said the rumour that subsidy was going to be removed was not correct only to announce through the New Year's message on the first of Jan 2012 that subsidy had been removed. The reaction was spontaneous and expected. So, on the ground of his earlier promise and the fact he announcced it without consulting far and wide, people were right to reject his action. Hope you comprehend!


This coming from someone who professed non-partisanship is at best laughable. What PMB has recorded in seven months have given indication of better tomorrow to those with analytical mind.

1. Insecurity: If you were wise enough, you'd have known that PMB has done a better job than GEJ in this regard. BH was controlling some local govts before PMB came on board. They could launch audacious attack on military formations and sack police barracks then. The same cannot be said as of today apart from the suicide bombing.

2. Economic meltdown: As a result of what? You're dull if you don't know that the economic meltdown is a result of looting of our FR and ECA plus the fact that crude price has tumbled coupled with fact that GEJ didn't invest in productive sectors of the economy when he held sway.

3. Corruption: Can you please name a single corruption case under the current regime of PMB? If you can't, you're not better than a motor park agbero. The fight on corruption that PMB is currently waging has never been witnessed in the history of Nigeria. It's so loud that the deaf is aware of it yet an imposter like you is talking trash here.

The TSA that the incompetent Jona could not get all MDAs to comply with is being complied with already and government has been able to mop up previously dorman/stolent money into its account. Do you need me to explain what this means to you?


And you say you're not a supporter of any govt/party? Keep living in denial. Na you sabi.
Only people living in self denial will continue to deny the fact that GEJ FAILED WOEFULLY and there was no way he could have won against even a statue of Buhari.

I can name a massive scam going under your nose.The FG 2 mo ths ago increased the number of importer by up to 15.so if importers goes up subsidy must have gone up.Now saying the FG has removed subsidy is scam reason the real market value would be up to N120 if not more.Countries in the west pay these rates. I'm hoping anyone in the UAE can tell us how much the buy fuel moreso I'm of the assumption we as Nigerians are buying at global cost as per crude.the cost of producing 1 lyre is far more than 100 how do they the refinaries sell?so if anyone is saying g we have removed subsidy and petrol sells below 200 it's a scam.it's not possible u til all of our refinaries are working and we refine more export less.

adanny01:
I and my family are on holiday at Kafanchan, Jema'a LGA, Kaduna state.

I filled my empty take on 29th Dec with N5,500 at Conoil. On 31st Dec i filled my mum's car and our sumec gen set after spending 20mins on queue.

2 other stations sell at 97 and others 105, 110 and even 120. On the 1st Jan, almost all stations were selling fuel.

Besides, there is NNPC mega station in Samaru-kataf, Zangon-Kataf LGA 25km away from Kafanchan. I have the option of going there instead of buying N120/L.

Then you should take I to account you have less cars in that areas so demand is low.I just bought in PH at N130.

highlandre:
We need to begin to feel the impact of this subsidy removal. So much ado about subsidy removal!

The impact is fuel cost will rise if you did not know that then you are not Informed count urself

stanogb:
The best so far is happytime logistics.
My company has been using them and they always deliver.

PS:
If you need paypal to pay for your goods from china, dubai etc at a cheaper rate than banks, contact 08104323941,
Can help and very reliable

Is there Paypal in china?

kinibd:
Oga OP i really tried hard to make sense of your post but i just couldnt because I school in ghana and unfortunately I could not come back home for the holiday due to monetary issues, man(me) no even chop xmas or new year chicken and now wey small thing don enter my account wey i open wey wen i wan collect the card you tell me say i fit use am anywhere put expiry date join sef!!! I no know whether na buhari or emefielu dey cos this shit but the person efuela,another reason your theory no make sense is the condition of The nigerian educational system, that should be fixed then you can come and do this your calculation of how many students x how much they spend, you said it yourself that you schooled in ghana so you should know, or have a reason why you did.
Last bullet : since they stopped the use of naira atm cards abroad they should as well stop the use of non-Naira atm cards in Nigeria!! Bunch of

Like I said ur certificate in Ghana same as Nigeria if not less.U r not going to be treated any diffrent abroad.on the barn on foreign atm cards in. I geriatric that will never happen unless the witches in PMB 's village came to stay at Aso rock.The money withdrew in Nigeria with foreign ATM cards are backed by their own. External reserve.

cooooooks:
Going to class, studying, putting in the effort.

How does that add to our finicial status of today which is next to nothing?

Mackson01:
If wishes were horses beggars will ride. You missed the opportunity to impact positively on the lives of Nigerians. U a disappointment to God & mankind. You new year wish should go to your family. Arungun omo oshi.

Kia God help you if you speak same language as OBJ.cos U lot are azz zz n but lickers

Styleshans:
I hate when some people who lack the knowledge of history talk. What is bad if u wish Goodluck Jonathan what he wished Nigerians including you?

What do you stand to gain by blaming him for all that has happened to Nigeria forgetting that somebody like Obj who ruled for eight years butchered our country more than Jonathan's people .

Jonathan only spent five years in office with the highest record of achievements, if u think I'm lying go and ask fashola and Amaechi they are available.
See, obasanjo and his co administrators in his tenure were much more corrupt. Jonathan is not corrupt but people around him were. Buhari ...pending, but for now has no direction.

As far as I'm concerned it is only the gullible that can fall to your deception. I suggest u go back down history lane to help yourself out of the spell of sentiment cast upon by the venomous bite of tribalism and ethnicity. Objective judgment pays

The people from the SW will never include OBJ to the loot of Nigeria and the sad reality is in his 8 years rule he added no value to the SW.8 years we had no mister of petrolume .how many of U frm the SW has cursed his name OBJ?? Keep deceiving yourself es unu hear people of the SW

boygirl123:
What could be more painful than hearing the same leaders that dealt with us coming to preach to us? So you meant well for this country and you left people close to you loot us dry? You even went as far to defend them by saying stealing is not corruption. Hmmm. Mr. ex president, pls have a rethink.

Since you can read and write could you tell us how stealing is same as corruption? If this was English Exam.U got F9 there.

Govt should channel their Energy to 2016.u cannot plan the past but you can plan the future

Estharfabian:
Truth be told...

I'd never ask A guy Out!! even if my life depended on it! how degrading!! My ego won't even let me...

I'd keep giving him signs(Green, blue and yellow lights), I'd talk sweet to him, Change my voice around him, be all touchy n mushy towards him, Act overly caring, maybe call him like TWICE A month?...if he still doesn't get those Obvious/vivid Romantic signs.

He should go hang himself for all I care!!! fûck him!

Dating isn't my priority...There are plenny "Sharks" in the sea...I only have to choose from so many.....!

That's what guys term the first move. U do t need to physically ask him out. All that you just said would make him take U on a date. Of he can't see the light your flinging at him then he is colour blind ie not good.

twinskenny:
Happy new sir.... More grease

Thank U.

So I'm doing the proper filling today.so far I have 80 tones of sharp sand to use in the filling.lets see where it would take us.
For this job we agreed on N4000 per trip of sand.Sand trip is well filled ie 5 buckets.

Ok holiday mood over back to site.backfilling done

Intendy:
y edit your initial figure post?

What are you on about?

Timbuktou:
Well, Kanu is free to raise that in his defence. Right now both sides are trying to outsmart each other.

The issue of how he came into Nigeria is just speculation. Was not brought in as a charge. It's hearsay.so it won't be mentioned in court. The will be trashed in 1 sec.in 2007 I used a TC to travel to Nigeria from the UK.so it's no big deal.mind you he has a British passport as well.

divinehand2003:
Why did your GEJ fail to return if he were truly doing well?

Cos guilable youths swallowed both lines and sinker the decite of APC.and it's Northern Agenda.

divinehand2003:
Check your facts right my dear friend. GEJ had long started depleting the reserves and excess crude accounts and the governors were alarmed at the rate at which Oga GEJ was blowing the commonwealth, hence the urgent request that the money be shared before it finishes.

Now where are the states savings?

Timbuktou:
He could have got on the plane with a forged passport under a pseudo name. Nobody knows for certain how he presented the TC or fake passport upon boarding. Unless you're saying you can verify his travel arrangements.

Guy in the UK? Why would he take the pain to forge a passport when the TC is almost free?all U need is a police report that you lost your bag containing x and u get it.