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Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 5:54pm On Sep 16
ElevationD:
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.
Abeg , wait let me bring my violin to give this your sadness a soundtrack.

Pele

Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 5:51pm On Sep 16
BATified2023:
that's your problem

If u like start life with 0 Kobo, that's your problem Chinese traders are here to stay that's all I can tell u
Chai.

I love seeing them trying to beg us to chase Chinese traders away


Lil Kim Wong has really deflated them.

Trading no be business after all.
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 5:49pm On Sep 16
Afrojuju2017:
You mean all the fake drugs.

Your argument makes no sense
The Chinese manufacturer has no economic reason to inflate his price to the middleman distributor, it's because of the greed of the distributor increasing prices and making their product less competitive that has caused them to establish their own retail outlets in Nigeria to cut out the middleman.

The manufacturer wants his product to be price competitive and if a middleman is taking unfair advantage the manufacturer would do something about it.
And to add to your argument, those high prices also slow inventory movements.

The Chinese want their goods sold as fast as they can be made and shipped to stores.

Those greedy businessmen having 100-300% profit margins are slowing down trade.
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 5:47pm On Sep 16
shortgun:
It is not just about selling at cheaper prices to Nigerian buyers. It is also about killing Nigerian businesses.

Many people don't understand that the Chinese government supports its citizens businesses. Chinese businesses have the backing and support of their government.

So how do you expect ordinary Nigerian traders to compete against Chinese businesses and sell cheaper?
Welcome to the global village.

Evolve or die

The Chinese will readily pay taxes unlike those your brothers who will never agree to pay or remit taxes.


I say let the Chinese replace you.

You can always return to your ancestral profession of tilling the ground .
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 5:40pm On Sep 16
Afrojuju2017:
Lagos State has taken control of trade fair market and would protect the retail commercial interests of the local indigenes.

The Chinese will stay if you are not happen you are free to relocate
I am with the Chinese 100%
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 5:38pm On Sep 16
ElevationD:
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.
Doesn't concern you.

Our new Chinese business partners are now seriously considering investing in Nigeria to serve as the hub for their consumer product distribution across West Africa and beyond.

If care is not taken, they will even buy that trade fair complex and build a mega mall in its place.

Start learning mandarin because you will be working for your new Chinese overlords ferrying customers to their shops and acting as interpreters for a small token Commision.
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 5:19pm On Sep 16
ElevationD:
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.
The Chinese will soon invest in mega warehouses and distribution networks and digital stores .

They will open their warehouses across the 5 working geopolitical zones and sell to retailers at a good price and directly to consumers.

The first mega warehouse will soon be commissioned along the Coastal highway Lagos -Ogun corridor and will serve all coastal states.

Another one will pop up in PH, then Abuja, then Kano and later Gombe to serve the other geopolical regions.

They won't be opening one in your region for fact that it might get raided by a mob .
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 5:12pm On Sep 16
ElevationD:
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?
My friend, it is your brothers that were protesting against the Chinese retailers having shops and warehouses in the Trade fair complex

Nah their cry make me know say there are Chinese retailers operating shops in that complex and are outselling your brothers.

As I said, your false call to patriotism just as you did with trying to get Nigerian govt to shut down MTN because the SA people wanted your drug dealers out is not and will never work on me.

You are free to relocate to Onitsha and impose strict register on who can operate a shop in that your markets.
Business › Re: Traders In Lagos Stage Protest Against Chinese Shops At Trade Fair And ASPANDA by FSBoperator: 5:07pm On Sep 16
olutops:
make it make sense

ask yourself

China is selling cheaper in Nigeria
Nigerians wants to be selling expensive

oga carry your economics to where you bring it from
They think they are in Onitsha market.

They will learn the hard way if they try any nonsense with those Chinese retailers
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 5:04pm On Sep 16
obama30:
You don't mention about government stopping extortion of the trader's by all kinds of extortionists in the market and on the road? How can the traders recover money extort from them? If not by adding it on the item they sell.
Another excuse don drop.
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 5:03pm On Sep 16
motymop:
You are speaking lot of grammar that makes no logical sense..stop being emotional,you are a man for God sake

Always look at the bigger picture

The shop can be owned by any entity but rules of trading are set up by the unions

Yes, they can remove any foreign entity from the complex and can close their shop down

They can also sue the federal govt as a union for undermining trade

You also fail to realize that for govt it is all about votes, they can vote in a local govt chairman or a rep in both federal or state to fight for their interest
Any attempt to force the Chinese retailers out of the market will see to that your market union being disbanded.

This is Lagos and not Onitsha were every rubbish is allowed.

And you saying you will vote people into power who will promote abd protect your extortionist cartel and go after your competitors shows the kind of desperation and lengths you will go to maintain your racket.
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 5:00pm On Sep 16
ElevationD:
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!
A middle man that provides a better pricing is a better alternative.

No amount of emotional blackmail and false calls to patriotism will see any one preferring to pay more for the same goods and quantity from you than they will pay when buying from the Chinese.

Shey you say you Sabi business ?

Chinese are here to teach you real business.
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 4:58pm On Sep 16
ElevationD:
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.
Don't care .

As long as the goods are made in china and the Chinese are selling it cheaper than you can ever do , I will be supporting the Chinese.


And that rubbish lie that foreigners are barred from retail business is pure rubbish


ShopRite is a clear example that foreign companies and individuals are free to trade in Nigeria.

John Holt, Leventis, UTC were all foreign owned firms that had stores across Nigeria.

So stop that your lie that Chinese are not allowed to trade directly with the local population.

Also if the Chinese can source the goods from source at a cheaper price, and sell to us at much lower margins than you guys, that simply means they are better at doing business than you.

As the Americans will say: Nothing personal, it's just business.


And finally, you can label me the Yoruba Muslim meme I created.

E no change anything that the Chinese are here to stay .


You can go and report Nigerian govt and China to your daddy Trump.
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 4:21pm On Sep 16
motymop:
yeah, you dont own shop and you are not part of their union

the traders through their union can decide to move the Chinese out or tell them to stop selling to retail

at the end of the day, you will still go buy from the retail you think that is cheating you
That is when they will face the full wrath of the FG .

That complex is owned by the Federal govt and is only under lease to the private concessionaires and even at that every market is directly under the control of the state and local govt authority.

Any attempt to chase away , intimidate, terrorise any other occupant of that market by the market union will see to full hammer of the law on their heads.


Let them try it and see.
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 4:17pm On Sep 16
motymop:
buying directly from China does not mean you are buying from manufacturer, you are still buying from middleman

the average trader who buys from china at 1500 and sell to nigerian at 10k does that because they are not buying in volume, they are retailer

the funniest stuff is that you are crying loud online, which means nothing to the average trader

at the end of the day, the real decision will be taken at the union level and when the decision is taken, there is nothing you can do
That one is your headache.

We will buy from who will give us a better price
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 4:16pm On Sep 16
Armaggedon:
you can go to China and begin importation in order to move Chinese inventories more quickly. Does the Igbo traders have sole retail licence. Like I said, Igbos won't be shakened with your self hurting bluff. Go ahead. You'll find out quickly.
Lolz.

Then why were your brothers protesting at Lagos trade fair yesterday if they are not afraid of the Chinese presence at the complex ?
Politics › Re: Can Somebody Please Confirm That Peter Obi's Wife Uses $150,000 Handbags? by FSBoperator: 4:15pm On Sep 16
otipoju:
My Obi ke, who get una time. Make una continue to dey enjoy the coastal road dey go.
And you can boycott using it when it's completed.
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 4:14pm On Sep 16
AMINDA:
The foreigners should open production plants here in Nigeria, produce and then sell their products. Nigerian traders cannot be competing with foreign traders who have the advantages of economies of scale and a more favourable support from their home government. This is the same thing as expecting Dangote to compete with fuel importers after making a 25 billion dollar investment in building a refinery. Any competitor should put their money where their mouth is by building their own refinery in the country and crashing down prices.
Which rule says foreigners can only be into production?

ShopRite that is owned by a SA parent company was into direct retailing and there was no complain.

E reach Chinese opening shop in Trade fair and taking customers away from Ibo traders for this useless argument you pulled from thin air to appear.

Ok, what if the Chinese build their own mega warehouse and shopping complex in same Lagos and extend the franchise across several states just as ShopRite , will that be ok?
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 4:08pm On Sep 16
BATified2023:
God bless u

We need the Chinese traders badly cos I remember the aftermath of the election where their brother lost out, they were bragging all over the place that they will punish us by increasing the price of their goods.

Now Chinese are here to stay, once their brother lose out for sure again in 2027 they should increase their prices then we will move to Chinese people ASAP.

Their major strategy for doing business is greed n exploitation, now Chinese have broken the Middle men barrier so we buy directly at affordable prices
They have no leverage on anyone or on the polity.

Just emotional blackmail , perpetual victimhood and cry cry .

Big for nothing majority tribe
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 4:02pm On Sep 16
BATified2023:
the average trader who is greedy right?

The average trader who buys from china at 1500 n sell to Nigerians at 10000.

We Nigerians don't want middlemen again, we will buy directly from the Chinese


For your information, the Chinese are economic immigrants just like u so u won't dictate what they do cos u are both strangers
Lol

I found it funny how people that claim Lagos is no man's land are against the Chinese setting shop in same Lagos.

Yorubas no complain nah only dem dey cry and beg that Chinese be barred from retail for some stupid senseless reason that makes no sense whatsoever.

The Chinese should do quick and open a mega warehouse and start online shops with distribution networks across the country.

Anyone who can't adapt should return to Onitsha market where non Ibo traders are not allowed to have shops there.
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 3:58pm On Sep 16
TonyeBarcanista:
The traders must learn not to be greedy. Price should be fair and competitive. One shop cannot be selling an item for 10 kobo while yhe other selling for 25 kobo for the same or similar product, and the one selling for 25 kobo will then turn around to protest that the 10 kobo guy should be stopped. It doesn't work that way.
The Chinese have found out that their inventories do not move as quickly as expected owing to high price gouging .

The Chinese now took advantage of the exploitative and cartel price fixing by the Ibo traders and offered a fairer and better price to the Nigerian consumer

No argument can convince any consumer more than the price of the product being sold in an open market.

I am even aghast at their argument that we should patronise them over the Chinese because the money remains in Nigeria as if they are even producing the goods they are selling which all come from china.
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 3:55pm On Sep 16
ElevationD:
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.
When and where did you pull this edict from ?

Are you telling us that the Chinese retailers are working directly for every product company ?

Nothing stops Chinese businessmen and women to open retail shop as long as they have met all the criteria set by Nigerian immigration and trade and investment board.
Business › Re: My Take On The Protest By Traders At Trade Fair Complex, Lagos. by FSBoperator: 3:47pm On Sep 16
ElevationD:
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.
Abeg close mouth.

We are practicing a free market economy.

We will not deport Chinese businessmen so that you can continue your cartel monopoly extortion racket on us

Has it even crossed your mind that if Nigeria prevents Chinese from doing business here that the Chinese can do same to your people doing business in China ?


We are in a free market economy and this is just the begining of your woes as these Chinese guys will soon replicate Temu or Alibaba digital market in Nigeria to showcase, sell and deliver their goods through the internet.


You guys thought this day will never come , now it is here.

Just wait for Chinese EVs to start becoming a thing here and see an end to your other spare parts market ventures .


I even foresee these Chinese digital stores being embraced because of how easy it will be for state govts for collect VAT.

You guys never bothered to evolve now the Chinese will chase you back to your village
Politics › Re: Can Somebody Please Confirm That Peter Obi's Wife Uses $150,000 Handbags? by FSBoperator: 3:37pm On Sep 16
BATified2023:
so e reach obi turn, 250 million naira handbag turn ordinary handbag of a woman but if na atiku or tinubu all hell will b lose right?

People have already clock your hypocrisy
Guy their hypocrisy no be here.
Politics › Re: Can Somebody Please Confirm That Peter Obi's Wife Uses $150,000 Handbags? by FSBoperator: 3:36pm On Sep 16
Justiceleague1:
So the wahala with these granPAPAS,the reason for their foaming and migraine is the handbag,purse of a woman!!!!!!!

😁😁😁😁😁😁😁😂😂😂😂🤣🤣🤣🤣🤣🤣
That handbag is why you are roaming aimlessly across Nigeria and not in your Anambra Dubai state of illusions.

That handbag could have built several primary schools across the state which Anambra never had until Solodu started building brand new state owned primary schools across Anambra.
Politics › Re: Peter Obi And Record Of Public Debt In Anambra - Anambra State Government by FSBoperator: 3:34pm On Sep 16
bentenny:
Guy stop regurgitating false narratives.
Obi left office since 2014.
That's 12 years ago and obi successor obiano hasn't stained his white with all his baseless accusations.
Is it soludo that will do so?😆😆

Obi had challenged past and present state governors to present any evidence of misappropriation of funds including their minions and none of them have done so.

Interestingly,Obiano was actually the one who was accused by EFCC of embezzling funds.

Meanwhile,when are we going to get the primary and secondary schools of your paymaster nah?
Or did he develop wings and flew to the Chicago state university without any basic school requirements?
Obiano that exposed Giringori first by stating later that all of Obi's purported investments for the state didn't amount to shit ?

You guys are funny.

You want us to forget how you were all insulting Obiano when he also said that Obi demanded #40bn from his govt for helping Obiano secure APGA ticket and later the governorship ?
Politics › Re: Peter Obi And Record Of Public Debt In Anambra - Anambra State Government by FSBoperator: 2:55pm On Sep 16
bentenny:
This is yet another obvious distraction coming from soludo just like his letters during 2022.

If this is how he intends to support Tinubu by trying to throw mud at the same person he used in campaigning to becoming a governor,then such act will politically destroy him in the nearest future.
A case in point is his predecessor Obiano.

Secondly,I have an issue with representatives of a state governor throwing figures all over the place in order to buttress their propaganda.
If they really want people to take them seriously,what we should be seeing are bank statements which everyone can confirm.

For instance,they claimed there was no ecological fund left behind by Obi....what the public will like to see are bank statements from 2014 to justify their claim not political regurgitations.

It's that time of the season and this is clearly a smear campaign against Obi from soludo just to be in the good books of Tinubu.
However,if this is how soludo intends to climb his political ladder and become a potential VP and president,he has already failed with this approach.
You people should not cause more trouble for Giringori

If you push Solodu too much he can begin the formal process of petitioning ICPC to start investigating your Obi just as Governor Sani of Kaduna is prosecuting El Rufai in a state high court for corruption.

You guys will push whomever you blindly support off the cliff.
Foreign Affairs › Re: Seoul Court Orders North Korea To Pay $32.5m For Blowing Up Office by FSBoperator: 2:49pm On Sep 16
Worst Korea asking Best Korea to pay ?


This is a joke taken too far.

Worst Korea should go to Best Korea and collect the money from Kim.
Politics › Re: Can Somebody Please Confirm That Peter Obi's Wife Uses $150,000 Handbags? by FSBoperator: 2:46pm On Sep 16
otipoju:
Lol..afi coastal road. After four years, no light, no new hospitals, nothing meaningful.

I pray you travel out of that shithole one day...you wont be too quick to defend your slave masters.

Like I advised your earlier, stop doing boy boy for peanuts and go look for something better to do.

Defending people wey no send your papa message is not worth it.
You only know how to drag FG and Lagos state. .
.

Your obi looted your Anambra dry e no concern you.

After all , politics is business and Obi has to recoup what he spent to get to office with interests.

And the fact that your Abia with it's golden dwarf governor does not have electricity supply for 3 months is not Tinubu's doing.

When you were enjoying steady light with no plans to pay for it, you were praising Otti .


Now that there's no light in Abia because of refusal to pay the electricity bill, you are blaming Tinubu .

As per Coastal Highway, we are more than happy for this long over due project that will open up prime coastal real estate across the Niger Delta states and create a boom in the economy.


You can continue worshiping your Agulu fraudster and perpetual third class loser in that your corner.
Politics › Re: Peter Obi And Record Of Public Debt In Anambra - Anambra State Government by FSBoperator: 2:34pm On Sep 16
Stolen:
IF SOLUDO LIKE MAKE HIM RELEASE NUKE BOMB, PEOPLE HAVE ALREADY MADE UP THEIR MIND TO SEND TINUBU PACKING.


A FAILURE WOULD NORMALLY ALIGN WITH FAILURE.



WE ARE WAITING FOR U SOLUDO.
#FreeBarrabas people nah him U
una be.

No wonder you all did a #Free Evans campaign on twitter and have crowned a mental case and terrorist as your supreme leader.

So no surprise you still support this fraud Giringori
Politics › Re: Can Somebody Please Confirm That Peter Obi's Wife Uses $150,000 Handbags? by FSBoperator: 1:38pm On Sep 16
otipoju:
Receipt of what... is borrowing money a crime. Una don ment finish
Borrow recklessly just to loot is a crime against Anambra state .

Anambra is now under severe debt constraints according to Solodu's govt stemming from Obi's reckless borrowing for nothing to show for it


If this was China he would have been shot dead and his relatives billed the cost of the bullet.

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