₦airaland Forum

BATified2023:
the profit our greedy brothers make, how has it benefit us as Nigerians?


The only thing u do is build empty houses in the village n rob it in the faces of we your customers that we are lazy


Imagine a seller telling his customers that they re lazy, Chinese traders won't do that.

Let the Chinese come n sell their wares, we ain't xenophobic here

Everyone is free to sell

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.

airsaylongcome:
I laugh at a lot of people who think this is a thread to attack ndigbo that Western Nigeria welcomes Chinese “investors”. It’s only a matter of time before the Chinese overrun Western Nigeria and “own” it. Then Yorubas will start “fighting” Chinese and Chinese will tell them Lagos is “their” own. Go and look at how they have owned Cameroon and several other African countries

Mrexcell:
Igbo traders in lagos also reinvest their profits in real estate and other sectors in lagos while those chinese business owners will take most of their profits back to China.

Armaggedon:
You think you're fighting the Igbos but Igbos will somehow find away out of the problems for themselves while the ultimate loser will be you. Those businesses you see that you call trade have other businesses that rely on them. When you allow a Chinese who borrowed from China with 3 percent interest rate to compete with a Nigerian who borrowed in an incredibly weak currently with 30 percent interest rate, it not competition, you're killing your economy. Commodity prices will be determined in China, profits will be taken back to China and it'll spread to other sectors, not just retail.
If this is the usual post to get at Igbos, Igbo will find a way out. The ultimate losers are the ordinary Nigerians.

Armaggedon:
You think you're fighting the Igbos but Igbos will somehow find away out of the problems for themselves while the ultimate loser will be you. Those businesses you see that you call trade have other businesses that rely on them. When you allow a Chinese who borrowed from China with 3 percent interest rate to compete with a Nigerian who borrowed in an incredibly weak currently with 30 percent interest rate, it not competition, you're killing your economy. Commodity prices will be determined in China, profits will be taken back to China and it'll spread to other sectors, not just retail.
If this is the usual post to get at Igbos, Igbo will find a way out. The ultimate losers are the ordinary Nigerians.

motymop:
The govt created all the issue by not enforcing laws against those fixing price, there should be price control

on the Chinese, there is Chinese town in Lagos where they do wholesale and retail, Nigerians go there to patronize them for cheap stuff but also it does not mean the quality are good...govt should make Chinese sellers stay in China town to protect our retailers in our major markets.

in China, foreigners are banned from doing many businesses, the reason is to make sure that citizens are not thrown away from their source of income

if we have to think deep, it is actually difficult to chase them out right now, they could open shops in a market and then use Nigerians as fronts ( Nigerian, partners, wives, gf or bf) as front, so that is a loophole

Now, the reality is that whatever anyone says online about the Chinese, whether they should be allowed to trade retail is just for online and tribal banter

at the end of the day, the owners of retail businesses we be the ones to decide if they want the Chinese in their markets or not through their unions, those unions are very powerful but also their power stops offline

the chinese could just start selling online on instagram, whatapps and other social media, which will undercut the unions and those that also sell online

it is a dicey situation,...i dont agree that chinese should take over retail because they sell cheaper, they could flood the market with low quality clothes and other products and nigerians will think they are of high quality because the person selling is chinese

if they flood our market, they make it hard for the average trader to make money

Mensamusa:
Seems folks don't have a deep understanding of the implications of what is happening on the long run.
Quite unfortunate, everything is viewed with sentiments and irrelevant bias.

Everytime a critical moment of deciding how to remedy pertinent issue,we use bias to wreck it,then when the consequences manifest in future,we start crying boo hoo
Just like yesterday

Jonathan -lets put an end to subsidy
Opposition-nay

How far ,so far today?

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.

Tareq1105:
Sebi you Ibo guys have been exploiting Nigeria and Nigerians for long. No one can stop me from buying at chinko stores if it's the size of my pocket.

Goonnik:
That you people business

Mrexcell:
Igbo traders in lagos also reinvest their profits in real estate and other sectors in lagos while those chinese business owners will take most of their profits back to China.

Afrojuju2017:
My grandfather was a multi millionaire in that same Nigeria in the 1930s and 50s.
If I told you my name you'd know.

We don't just have property across the SW of Nigeria we have large expanse of land, we own multiple streets, bother commercial and residential especially Ikeja industrial and VI . We actually owned 50% of a major market in Ibadan and only disposed of it recently.
Or is it the over 50 thousands hectares we own.

The best property locations across Lagos and Ibadan especially

Afrojuju2017:
My grandfather was a multi millionaire in that same Nigeria in the 1930s and 50s.
If I told you my name you'd know.

We don't just have property across the SW of Nigeria we have large expanse of land, we own multiple streets, bother commercial and residential especially Ikeja industrial and VI . We actually owned 50% of a major market in Ibadan and only disposed of it recently.
Or is it the over 50 thousands hectares we own.

The best property locations across Lagos and Ibadan especially

BATified2023:
if u can sell at the same rate with Chinese traders then go back to your village

ElevationD:
Are you still in secondary school?
Clearly you do not know what we are talking about.

Afrojuju2017:
Manufacturers don't want to be in retail, a manufacturer wants a partner to act as a distributor in a market who can promote that product and if confident relationship is established a manufacturer would even forward sale large volumes to his distributor.

The only business a manufacturer has it that his/her product is competitive in the market for quality and price.

The manufacturer has been forced to come into the retail market or influence a retail agent in this case a Chinese national because the previous distributor is price gouging and making the product uncompetitive.

FSBoperator:
You forget that Ibo import business is what killed the manufacturing sector and has seen to high unemployment all thanks to Alex Ekwenme liberalizing importation just to spite and destroy the industrial base of the SW.

ElevationD:
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?

TEYA:
You people mock the South Africans for being "lazy", now the Chinese are teaching you how to "work hard" and you are complaining. It's a market place, compete or die! The only strategy you people know is forming cartels and call them unions so you can swindle customers.Shame! Wicked people!

TEYA:
He did not sell at any damn factory price. Who goes to China, buys stuff and sell at factory price. Go and bleeping compete. Compete or perich! That is the rule of the market place.

BATified2023:
if they can't sell at Chinese prices they should leave, enough of u greedy lots selling at exorbitant prices.

Chinese traders are here to stay

FSBoperator:
Frustration don start.

Lmfao!

FSBoperator:
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

Armaggedon:
You think you're fighting the Igbos but Igbos will somehow find away out of the problems for themselves while the ultimate loser will be you. Those businesses you see that you call trade have other businesses that rely on them. When you allow a Chinese who borrowed from China with 3 percent interest rate to compete with a Nigerian who borrowed in an incredibly weak currently with 30 percent interest rate, it not competition, you're killing your economy. Commodity prices will be determined in China, profits will be taken back to China and it'll spread to other sectors, not just retail.
If this is the usual post to get at Igbos, Igbo will find a way out. The ultimate losers are the ordinary Nigerians.

Kalulu44:
I know you're very happy with the situation and not trying to reason my point of view.
If Chinese like let them sell shoes at #100 that's fine by me, it favours me too.
But what of the people they have made come to import it from their country.
What of the people that transport it from Ogun state to that trade fair, how much should they sell theirs.
.
If the Chinese knows they now want to starts selling at our retail markets. They should stop distributors and wholesalers from coming to buy from their factories.
And then start selling direct to consumers. Is that too hard for you to understand. Or you just love to be happy over anything that affects the region you love to hate.
.
See let me tell you an honest truth.
I have lived 90% of my 40+ yrs in Lagos.
And I have 60% of Yoruba friends/colleagues and 40% of other tribes which includes my tribes the Igbos.
I can tell you without mincing words that 50-60% of Yorubas I have interact with have always praised the Igbos for uplifting them in their businesses or patronage to their various artisan jobs.
I don't like boasting about it, but people like you tends to make someone talk about it.
If you come across me face to face, the first tribe you will guess I came from is Yoruba or Hausa. Igbo will be the last you will think of. That's to tell you I hardly let anyone know I am an Igbo guy.
And I hate tribalism.
Everyone is equal to me.
.
In an earlier thread, they were bashing a woman who was producing pure water in a dilapidated and dirty environment. I stood for her not knowing the tribe she might be. A commenter bashed me that, why won't I support her since she's my tribe person, that if it was in Aba that was done that my people would have been talking rubbish.
Apparently he thought I was a Yoruba person, not knowing I am an Easterner like him. And I gave him a piece of my mind on how tribalistic he's and it's people like him that's making other region see us finish by us always claiming been victimization.
So BATified2023 my supporting those traders is not bcus majority are my tribesmen. But just the right thing to do

FSBoperator:
Excuse full ground

There is still manufacturing going on in the SW (Ogun and Oyo) and in Kano and Kaduna.

Stop giving useless whinny excuses why you are failing at everything.

Dangote is into manufacturing locally and that is how he made his money .

Note that Dangote was into importing early in his business career alongside Peter Obi.

Today Dangote is a billionaire industrialist that is a major exporter while your Giringori is still importing and trading.

BATified2023:
same way u are a stranger in Lagos is the same way Chinese traders are strangers, tenant can't evict tenants.

U either compete with Chinese or go back to your village

shortgun:
So because you cannot understand how business competition works, your only solution is to send people to their village? Some of you confuse ignorance with wisdom. A business owner asking for a level playing field is not afraid of competition.