₦airaland Forum

Tunzdomains:
Thank you so much for your concern

yarimo:
The most dubious governor of anambra state in history is peter obi

happney65:
Were they not the ones that impeached Obi when he wasnt able to play ball?

As in Obi came back twice. From being rigged out in the election,winning in the court,impeached by the PDP House of assembly because he didnt want to play ball,went to court and won again

Man is an institution. No wonder the likes of soludp and those mental cases supporters of the APC cant stop talking about him

legitnow1:
THAT CHINESE MAN IN THE MARKET WE SUFFER TO BUILT IS ON BORROWED TIME.


WE WILL DEAL WITH HIM AS A COMON CRIMINAL THE CHINA STYLE.



IF MARKET THEY HUNGRY AM, AT LEAST GO AND BUILD YOUR OWN.

legitnow1:
NA MY YANSH I FOR OPEN U SCREEN SHOT IT.


OLORIEBA

legitnow1:
WE WANT U TO FOLLOW US AND CARRY TRADE


PAY NIGERIA CUSTOM AND TARRIFF FIRST.



ENTER MARKET PAY TAX AND AGBERO PLUS POLICE


AFTER THAT PAY RENT AND ELECTRICITY BILLS


THEN SELL IT FOR PEANUTS

legitnow1:
THAT CHINESE MAN IN THE MARKET WE SUFFER TO BUILT IS ON BORROWED TIME.


WE WILL DEAL WITH HIM AS A COMON CRIMINAL THE CHINA STYLE.



IF MARKET THEY HUNGRY AM, AT LEAST GO AND BUILD YOUR OWN.

legitnow1:
GO AND BUILD YOUR OWN MARKET.



WE BUILT THAT PLACE OURSELVES, NOTHING IS STOPPING U AND THE CHINESE FROM BUILDING YOUR OWN.

engrchykae:
they will never bring their China shop to our Biafra.

legitnow1:
WE ARE CURRENTLY TALKING TO THOSE WHO CREATED NIGERIA TO ALLOW US TO EXIST AND SEPARATE ENTITIES.




LET US FACE IT, WE DID NOT CREATE THIS COUNTRY



WE WILL TALK TO THEM UNTIL THEY UNCREATE THE MONSTER THEY CREATED.

madridguy:
We seriously need to weed away the leeches. They will never see their own problems not to talk of looking for solutions.

madridguy:
Stop caring about our mothers...Face your problem and stop lying to yourself. If you think you're going to survive the tsunami, why crying around?

ariesbull:
The world is waking up. On May 19 in Kansas City, Vice President J.D. Vance told factory workers what America denied for thirty years: America borrows from Chinese peasants to buy what Chinese peasants make. America, with 25 trillion dollar GDP, is angry it funded its own de-industrialization. In Europe, France and Italy import near-finished Chinese goods but add local content to claim Made in France, Made in Italy. Everyone protects long term interest. Everyone except Nigeria.

In 2025, Nigeria imported 19.79 trillion naira from China and exported only 2.78 trillion. Deficit: 17.01 trillion. China supplies 39% of all imports. In H1 2026, for every 1 naira we sold to China, we bought 10.11 naira. That one-sidedness has left the port and entered the shop.

To understand it, we must start with Chika Onyeani. In Capitalist Nigger, Onyeani gave the Spider Web Doctrine. Look at Jews, Indians, Lebanese. They are spiders. They spin a web. That web is their bank, their insurance, their lawyer, their wholesaler, their shipper. The web is designed to trap money inside and not let it escape. When a Jew makes one dollar in America, that dollar circulates thirteen times inside the Jewish web before it leaves. The spider spins to feed his family. Deliberate economic patriotism. Onyeani's warning was simple: the Black man refuses to spin his own web. He makes money in Lagos and rushes to buy a Chinese container. Money made inside escapes same day. No closed loop. So he remains consumer, never spider.

Before we blame the Chinese shop in Trade Fair, understand his web and why he can afford to be cheap. One, cheap credit. China EXIM Bank gives 2 to 3% for five years plus 13% export rebate. Two, cheap power. Shenzhen pays 7 cents per kilowatt-hour, 24-hour power, port clears in two days. Three, scale. Making ten million chargers drops cost to thirty cents. Four, state protection. You cannot open retail in Yiwu as a Nigerian. China fences retail at home, yet pushes its traders to do retail abroad. Zero reciprocity. Five, stable currency. He plans one year with same cost in Renminbi.

Now the Nigerian trader. No power. Diesel at 1,300 naira. A shop in Trade Fair burns 150,000 weekly just to test electronics. No cheap credit. Nigerian bank offers 33 to 38% for ninety days. No infrastructure. Apapa takes twenty-one days with demurrage, Customs, SON. Chinese port: two days. No stable currency. Dollar moves from 1,600 to 1,800 while goods are on sea. Multiple taxation, no subsidy. Government that found 15.6 trillion for coastal highway cannot create 500 billion Industrial Transition Fund at 5% for Trade Fair and Computer Village to move from import to assembly. He comes from a system designed to make him win. We come from a system designed to make us fail.

For forty years our web, though weak, had a structure: Chinese manufacturer to Nigerian importer to wholesaler to retailer to consumer. Each layer funded Nwa Boy apprenticeship - seven years to become master. That apprenticeship was our web school. Now there are two competing webs in one market. The Chinese have spun their own web inside Nigeria: China EXIM Bank to Chinese shipping line to Chinese warehouse in Ojo to Chinese retail shop in Ojo to Chinese underground banking back to China. Money made in Trade Fair circulates inside the Chinese web and returns to China to feed their family. Our web is torn because we refused to spin. On September 15, 2026, ASPMDA in Trade Fair shut shops. Placards read Chinese Must Go. Many happen to be Igbo, but pain is Nigerian. Same cry in Computer Village, Alaba, Kano. The effects are clear. Price elasticity - electronics is elastic, cheaper wins. Waybill cloning - staff copy customer numbers and call your customers directly. Profit repatriation - Nigerian profit builds house and settles apprentice; Chinese profit leaves. In 2025, CBN recorded Chinese FDI as 38 million dollars, Beijing recorded 390 million. Value chain collapse - kill importer, you kill 30% duty, VAT, PAYE, transporters. Temu threat - if we cannot regulate physical shops in Ojo, how do we regulate digital shops selling below cost straight to Nigerian phones? What China does is spinning its web on our soil to trap our wealth. Imagine fifty thousand Nigerian boys landing in Shenzhen, renting shops, copying customers, sending profit to Onitsha. China would jail them in one week.

On X, Do2dtun called it selective outrage. Lere Olayinka, aide to FCT Minister Wike, wrote Nigerians came to Lagos to trade, Chinese also came. Their point works for today, ignores tomorrow. It exposes our disease: supporting unfair means to cure emotional hangups. In 2019, President Buhari removed Chief Justice Walter Onnoghen. The Constitution says only NJC recommends removal, Senate confirms. Many cheered the illegality because they disliked Onnoghen. That became template for invading judges' homes. Today we repeat it. Some celebrate Chinese web because it harms Igbo. They forget. Doctrine of One Strand: allow one strand of your own web to be eaten because you hate who stands on it, you teach the other spider that your web is weak. Today Igbo in Trade Fair, tomorrow Yoruba in Computer Village, next Hausa in Kantin Kwari. Comprador collapse: Walter Rodney in How Europe Underdeveloped Africa called them collaborators. Landlord collecting ten million from Chinese when Nigerian can pay four million is not spinning his web, he is helping the other spider spin its own. Apprenticeship death: Nwa Boy is the most successful web school in Black Africa. Kill master margin, you kill seven future traders.

Traders protesting happen to be mostly Igbo, but they are a dyke protecting Nigeria. They could pool ten billion via town unions and become sole distributors for the Chinese and become richer compradors. They refused. They said do not do our business. By protecting his shop, the Nigerian trader protects Yoruba transporter, Hausa retailer, Federal Government collecting duty.

Ghana understood. GIPC Act 865, Section 27 reserves retail, petty trading, hawking for Ghanaians. Foreigner must invest one million dollars, employ twenty Ghanaians, cannot trade inside a market. Nigeria: CAMA allows one hundred percent foreign ownership for one hundred million naira. No law reserves retail. It is law vacuum.

Protectionism is now normal. This is the Trump Doctrine. To protect America, President Trump in 2025-2026 imposed 145% tariff on Chinese EVs, steel, batteries, plus 10 to 20% universal tariffs and transshipment penalties. He said cheap today means dead tomorrow. America chose to protect its web over cheap goods. If America with 25 trillion GDP protects its middle class with tariffs, why should Nigeria with less than one trillion celebrate another spider spinning inside its market as healthy competition?

This is not anti-China. It is pro-Nigeria. First, government may consider amending CAMA and trade laws to reserve retail in designated markets for Nigerians, as Ghana did. Government may consider allowing foreigners to own warehouses and distribution hubs, but not retail shops inside Trade Fair, Computer Village, Alaba, Kantin Kwari. Second, government may consider creating a 500 billion naira Industrial Transition Fund at 5% for Trade Fair and Computer Village to move from import to assembly, and encouraging traders to pool funds via town unions for industrial clusters in Ogun and Abia, with tax holidays and stable power. This is how we spin our own web - capital circulates inside before going out. Third, government may consider sanctioning landlords who rent shops to foreigners for retail in prohibited markets, and sanctioning officials who clear retail containers as raw materials. Market associations may consider internal clean-up - no member should sublet to factory-to-shop operators.

Africa does not need cheap foreign retail webs. Africa needs its own spiders spinning its own webs to trap its own wealth and feed its own family. If we clap because their spider is eating the Igbo strand of our web today, tomorrow their web will cover the whole market. And because we refused to spin our own, there will be no food left for our own family.

voortrekker966:
Apart from Ironsi's 6 months as Head of State has any Igbo man held power to destroy industries and encourage imports?

You guys have been in power forever and have looted Nigeria dry, destroyed all the industries including the NNPC, the railways and Nigeria Airways. Igbos simply seized the opportunity to import goods to sell. Now you are rejoicing that the Chinese are taking over retail. It will backfire and you will be the one to cry when they will take over the lands you've not yet sold to Igbos.

nedu666:
The south West had thriving industries. This has to be a joke. Which thriving industries. 99% of factories in agbara, ota industrial estate ikeja belongs to Indians Lebanese and Chinese. So where are the yoruba industries

dmexy33:
I have been a broker, a financial adviser and a Financial technology expert for more than a decade, I was very disappointed to see everyone buying DANGOTE REFINERY IPO and nobody, not even one expert in the field spoke on the implications of owning a share in the IPO.

DANGOTE has read the handwriting on the wall so the decided to go public with his refinery IPO. Now let's look at the reality on ground:

1. Why is DANGOTE going public with the IPO?
I know it is hard to believe but you must understand that after the second world War and the formation of OPEC, The global CRUDE OIL supply became an international product i.e the price of a barrel of crude oil in Saudi or Iran or Venezuela will be the same with the Price of a Barrel of CRUDE OIL in Nigeria. Sometimes there are slight differentials in price but the difference is never more or less above or below $20. So with the war raging in the middle east and has driven the price of CRUDE OIL to over $120/barrel, Fuel at the pump has become more expensive and the war will not stop anytime soon and there is a possibility that we will experience an energy crisis due to fuel being very expensive and unaffordable. There is a possibility that a barrel of CRUDE OIL will hit $500/barrel in 3-4yrs. This is part of the process of phrasing out fossil fuel i.e petrol from being used globally like was done in China and being implemented in the UK. So DANGOTE has read the handwriting on the wall and decided to sell the Petrol refinery to the Nigeria people who ignorantly and blindly rushed it without thinking. Olodo uprising indeed.

2. Will you make profit from the buying into the DANGOTE IPO?
Yes, of course you will. But this is how it will happen; Due to exchange rate differentials, since the war in the middle east and Ukraine_Russia isn't ending anytime soon, it is projected that oil price will continue to go up hence, as oil prices skyrocket and the price of refined oil i.e Fuel at the pumps also continues to rise, you can expect you shares in DANGOTE REFINERY to continue to go up. Basically, as DANGOTE REFINERY SHARES PRICE goes up, cost of living for NIGERIANS WILL GO UP.

3. I see all these content creators and even other Nigerians talking about how they are monitoring DANGOTE trucks and calling DANGOTE, etc
All I have to say is that 99% of Nigerians are olodos. Go and read the agreement, find out what kind of share holder you are and stop disgracing yourselves. When you buy shares in the Dangote Refinery IPO, you become a part-owner of the company, but your role is strictly hands-off. You have no say in the day to day running of the company. #olodouprising.