₦airaland Forum

franchasng:
In economics and trade, we have what is called the supply chain management and model. This ensures healthy trading and balanced economy.

Who makes up the supply chain?

1.) Manufacturer

2.) Distributor(s)

3.) Wholesalers

4.) Retailers

5.) Consumers

The manufacturer sources for raw materials and converts it into finished goods that consumers need.

Distributors help manufacturers to distribute their finished products to the market through wholesalers.

Wholesalers help distributors to reach the market through retail traders.

Retail traders help the wholesalers to sell faster and conveniently to the final consumers. This is how trading supply chain is designed to function to ensure a balanced economy and society.

In order words, you cannot be the manufacturer and still be the retailers selling directly to final consumers, that is a trading deficiency or abnormality that starves off other vital people on the supply chain and can lead to collapse of the economy of a society, that is why it is not encouraged by any working society and the only person that can stop or correct this mistake is the government through adequate trade laws and market policies to ensure balanced and healthy economy of its society.

So if we are to be real and honest to ourselves, citizens of countries that manufacture and produce what another country consumes like the Chinese, are not supposed to be allowed to operate retail trading shops in the countries they export their finished products to, it's a simple economics designed to keep national and global economy and trade balanced.

That is why in our secondary school economics, we were taught about supply chain, which flows from the manufacturer to the distributors to the wholesalers to the retailers to the consumers. These are all vital people on the supply chain that must not be discarded or allowed to be starved off through unhealthy trading activities.

You cannot be the manufacturer and still be the retailer, that is a trading policy abuse, it will squeeze out the other vital people on the supply chain and cause a skewed economy that will affect the society by making one person super rich and the rest extremely poor and dependent but our people are seeing this only from the tribal angle without seeing the bigger issue.

Irony1:
You are saying this out of spite and hatred of igbos because you know the truth about the danger of having these guys.
But you see one thing, e go soon touch you. I have done negotiations with the Chinese if dem play you your eye will clear.

PulaPower:
Our Chinese brothers & sisters are very much welcomed here in Yorubaland!

erad:
Lol... All this misinformation to defend blatant extortion.

In the same economics, there's something called competition and when a group of people start acting like a cartel, it is slowly becoming a monopoly. It's one of the reason petrol marketers are making the government still allow petrol importation, to prevent Dangote being a monopoly. If the Chinese don't come personally, they can always have Nigerians to act as fronts and still achieve the same results.

Nigerians wouldn't have problems with the price disparities if it was negligible. But 100% and 200% upwards price margin is just diabolical. What we learnt in business studies is that once a business starts, it's bound to make some level of losses, then it breaks even after some them before eventually making profit. Nigerians are the only people I know that never want to break even, let alone make losses. They want to start a business today and buy benz tomorrow at the expense of their fellow Nigerians. And we all keep shouting that the government is the problem.

We've not even gone into the fake products category yet. That's a discussion for another day.

LadyExcellency:
That's for indigenous small-scale manufacturers. Critique from the angle of foreign invasion of Nigeria's economic structure.

Irony1:
See you know the truth but hatred is not allowing you reason well no one is blocking them but they must not play undercutting games in business. Until it affects you, then your eye will clear. Leave wickedness and be human for once.

franchasng:
I don't think you read my write up carefully and thoroughly, I doubt you did.


As someone who has been to China severally, spent long time there and have very close Chinese friends and even , I am telling you that yes some Chinese will sell things cheaper to you than Nigerian importers because Chinese government do support them massively to export to different markets through massive low interest and in some areas zero interest loans plus discounted shipping via Cosco and free export duty from China which your Nigerian importers or Igbo importers as you prefer to term them don't get, so those Chinese will definitely sell at lower price to consumers because it's a well planned scheme being sponsored by Chinese government to push out more Chinese made products direct to consumers around the world using Chinese merchants empowered and sponsored by the Chinese government to empower more Chinese so that China can end poverty in China and gradually take over global trade and markets. Chinese citizens that want to do trading even have access to buy now in bulk and pay later opportunities that your Nigerian importers don't have.


It's beyond what you can comprehend or argue.


Chinese government also send out condemned Chinese prisoners to African countries to work with CCCC as a way of paying for their crimes while Russia send theirs to the warfronts to fight Ukraine. These countries do a lot to keep their homeland and citizens empowered.



You guys focus is just on price or amount you buy a product and not looking at it holistically and from the national interest angle. It's well, everybody go learn sha

franchasng:
I don't think you read my write up carefully and thoroughly, I doubt you did.


As someone who has been to China severally, spent long time there and have very close Chinese friends and even , I am telling you that yes some Chinese will sell things cheaper to you than Nigerian importers because Chinese government do support them massively to export to different markets through massive low interest and in some areas zero interest loans plus discounted shipping via Cosco and free export duty from China which your Nigerian importers or Igbo importers as you prefer to term them don't get, so those Chinese will definitely sell at lower price to consumers because it's a well planned scheme being sponsored by Chinese government to push out more Chinese made products direct to consumers around the world using Chinese merchants empowered and sponsored by the Chinese government to empower more Chinese so that China can end poverty in China and gradually take over global trade and markets. Chinese citizens that want to do trading even have access to buy now in bulk and pay later opportunities that your Nigerian importers don't have.


It's beyond what you can comprehend or argue.


Chinese government also send out condemned Chinese prisoners to African countries to work with CCCC as a way of paying for their crimes while Russia send theirs to the warfronts to fight Ukraine. These countries do a lot to keep their homeland and citizens empowered.



You guys focus is just on price or amount you buy a product and not looking at it holistically and from the national interest angle. It's well, everybody go learn sha

PulaPower:
Nothing is affecting us. It favor us at large. I can’t wait for the Chinese to start selling Akara. I can’t wait for the Chinese to start becoming tailors so that they can sow Agbada for me when I finally marry Amaka my Abia babe..

PulaPower:
The guy isn’t an economics. He’s a nuisance..

Our Chinese brothers & sisters are very much welcomed here!

Reference:
That is what I am talking about.
If we cannot break that cycle we can never develop.
We need visionary leadership.
These things that are big industrial products today (to reply someone else) all started from small scale cottage industries.
The Chinese invasion is a wake up call and a challenge. It is a fork in the road and it is up to us to decide where to go from here.
Eat them up or eat ourselves up.

PulaPower:
I don’t know maybe you’re speaking from Biafra laws but that one concern you..

In SW, Nigeria, all economic migrants have the same liberty here. No time-table or restrictions on any business men/women..

Either you come from a 5hours distance or 20hours distance, every economics immigrants have the same freedom of operation here..

The Chinese in Lagos are also Lagosians, just like every other economic immigrants. No immigrant is more Lagosians than the other..

Our Chinese brothers & sisters are very much welcome in SW, Nigeria!

BATified2023:
what's the bullshit about national interest?

If u lots have national interest at heart u won't triple the price of goods to rip people off cos to u u believe u have the monopoly.

If u lots have national interest at heart u won't deliberately increase prices of goods cos your brother lost election

If u lots have national interest at heart in the first place u won't encourage importation by killing local industries, u think u are wise but Chinese are beating u to your game now.

So u never had national interest at heart so this is just the repercussions of your wickedness, the Chinese saw what u are doing n how greedy u are n that's y they came here themselves to sell it directly so u won't b ripping people off again

PulaPower:
I don’t know maybe you’re speaking from Biafra laws but that one concern you..

In SW, Nigeria, all economic migrants have the same liberty here. No time-table or restrictions on any business men/women..

Either you come from a 5hours distance or 20hours distance, every economics immigrants have the same freedom of operation here..

The Chinese in Lagos are also Lagosians, just like every other economic immigrants. No immigrant is more Lagosians than the other..

Our Chinese brothers & sisters are very much welcome in SW, Nigeria!

yesloaded:
You are not into commerce so I don't expect you to understand what op is saying

At the end of the day, Nigerians will be the loser

LadyExcellency:
Many of you who are commenting against the original poster's views are novices. I was appointed as a wholesaler by a Procter & Gamble distributor next to their warehouse. However, you cannot buy directly from them, regardless of how much money you have. They will always direct you to a wholesaler to facilitate the transaction. That’s how the supply chain operates. If Procter & Gamble were a Chinese company, they might undermine their wholesalers, which would lead to unhealthy trade practices.

Artsbeat:
I smell tribalism here,

Fididiguy:
I think it's easy for igbo traders to drive out Chinese from South East, but not in Lagos or South West.


because the Yoruba that own Lagos and south west land don't care who sale what in their land, they just want best for the money.

And unless the igbo can sell the narrative to Yoruba or convince the govt, it won't be easy

Fididiguy:
I think it's easy for igbo traders to drive out Chinese from South East, but not in Lagos or South West.


because the Yoruba that own Lagos and south west land don't care who sale what in their land, they just want best for the money.

And unless the igbo can sell the narrative to Yoruba or convince the govt, it won't be easy

franchasng:
Another mistake most of you make is ignorantly assuming that Igbo businessmen are uneducated lol.


I am a proud Igbo entrepreneur and small company owner and I am a graduate, a postgraduate and also a PhD inview student so when it comes to education, you are far below me. I have also acquired various short business trainings and courses and will be starting an MBA program with a specialization in global trade and economics by 2028 God willing. I have done a lot of short courses on business management, sales and marketing, including digital marketing.


And it's not only me, most other Igbo business associates I know are all graduates and some already have masters even from foreign universities. Gone are the days you can brag that it's only Yorubas that went to school, maybe in the 1950s, not anymore cos we Igbos now make it a top priority to acquire graduate education even if we want to major on business and trading. So when you see some of the traders in the market, don't go thinking they are all uneducated like you guys usually assume, it's no longer so today, thank you for your attention to this matter

DLuciano:
God bless you! Inflation is extremely high in the country, and the major root cause are the middle men (distributors and wholesalers).
When they buy from the manufacturers, before the goods finally gets to the final consumer, the price triples. But if retailed to consumers, we get at a very fair price and even the manufacturer is at the advantage of making more turnover.

Why do you think Dangote directly supplying his fuel to companies, businesses, etc that has reservoirs of 250ltr and above?