₦airaland Forum

Manufacturing and processing is the way to go.

But Unstable policy, inflation, power costs, etc has been our manufacturing issues. We can't all blame the traders for being reluctant to manufacture.

Everyone tries to hedge his/her trading business and family for survival sake by going into other investments or trading other businesses rather than processing after many years of trading.


Manufacturing and processing and export is a full days work requiring govt policies.

Every now and then there's are banned imported goods to Nigeria and those open for waivers and allowed imported goods to compete with locals by different Govt. How manufacturing wan survive?

Thank you redstarexpress for this early good Friday morning blessing.

PETERiCHY:
Yes SEPLAT is setting up a STAGE for a RALLY in OIL & GAS sector.

BARGAIN HUNTERS TAKE NOTE!

Soft Reminder 🎗️

With NGX Upgrade from UNCLASSIFIED to FRONTIER Market Status Effective from, Monday, September 21, 2026

And the Massive LIQUIDITY Dangote Refinery IPO will DRIVE to the MARKET.

We should EXPECT a MEGA RALLY in the OIL and GAS SECTOR very SOON .

BARGAIN HUNTERS TAKE NOTE!

How can you compete with China in manufacturing when you can barely give 1/3 of the population steady power.

Hahah, Chinese beat the West to this and na common Africa want show buga.

You going to learn and you will learn in a very hard way.

RodgersAkpafu:
you want to compete with the chinese when it comes to manufacturing.

Even the westerners cant and these are the leaders in that space

Do you even know how non tariff trade barriers work?

Do you know how weaponised subsidies put foreign competitors at a huge disadvantage?

Smh for us oo

The context of the discuss was that the Chinese don't import from Nigeria.
And I said indirectly that they do. It's just that we don't manufacture or export enough.
When they introduced the 0% tariff, our export to China increased by 80%.

Nobody is saying compete with Chinese on same commodity products, of course it's a fool errand.

But compete a bit with exporting processed raw material products with varieties rather than exporting the raw materials itself which we mostly do.


Also, we should also just weaponize subsidies for our local businesses.
Grant them rental relief, lower taxes, etc.

I don't like the chinese invasion of our retail space, it will spiral to other areas. Indirectly taking away our own small sovereigncy space wey we dey manage for the retail side after we've reluctantly surrendered our manufacturing and construction space to them.

But they've done nothing wrong IMO.
they are taking advantage of our situation we ourselves created.
Unfortunately, we're taking too long, far too long to stabilize the economy and citizens want cheaper things to cushion the effect of hardship in other areas.
unfortunately at our future detriment.

GTI Research has put Dangote Petroleum Refinery and Petrochemicals’ (DPRP) probability-weighted fair value at approximately N493 per share, below the N525 offer price at which the company is currently selling shares in Africa’s largest-ever public share sale.

This is according to a 22-page valuation report by GTI Research analysts led by Mr. Abiodun Ogunniyi, which was published on Wednesday, September 16, 2026 and obtained by Nairametrics.

PETERiCHY:
Soft Reminder 🎗️

With NGX Upgrade from UNCLASSIFIED to FRONTIER Market Status Effective from, Monday, September 21, 2026

And the Massive LIQUIDITY Dangote Refinery IPO will DRIVE to the MARKET.

We should EXPECT a MEGA RALLY in the OIL and GAS SECTOR very SOON .

BARGAIN HUNTERS TAKE NOTE!

Mention Oando nawu.. we no go come for you

kalu61:
How can you compete with China in manufacturing when you can barely give 1/3 of the population steady power.

Hahah, Chinese beat the West to this and na common Africa want show buga.

You going to learn and you will learn in a very hard way.

So because you can't compete now means you should be making 100% n above margins on Nigerians.

So in your assessment there is never a time Nigeria was favorable for manufacturing in the last 40years..

The problem is lazy people will always find reason to justify there lack of foresight and laziness.

No be just last year shear butter processing company spring up in niger state, what did government do? They ban the exportation of the raw materials.

So you can't use your association to lobby government for same after establishing processing plants? But you can use the same association to exploit Nigerian and for political moves.


Una never ready, Chinese have come here to stay, buckle up or go home.let the poor breath.

chimex38:
The context of the discuss was that the Chinese don't import from Nigeria.
And I said indirectly that they do. It's just that we don't manufacture or export enough.
When they introduced the 0% tariff, our export to China increased by 80%.

Nobody is saying compete with Chinese on same commodity products, of course it's a fool errand.

But compete a bit with exporting processed raw material products with varieties rather than exporting the raw materials itself which we mostly do.


Also, we should also just weaponize subsidies for our local businesses.
Grant them rental relief, lower taxes, etc.

How many of them they pay tax, even the few that pay, how much they pay in tax..

Gready people crying everywhere..

kalu61:
How can you compete with China in manufacturing when you can barely give 1/3 of the population steady power.

Hahah, Chinese beat the West to this and na common Africa want show buga.

You going to learn and you will learn in a very hard way.

Someone said the Chinese don't import from Nigeria.
Sounded Like they deliberately don't want to import from Nigeria.

I had to show how it isn't entirely true.

Read in context please.

The end of greediness have come here to stay, may be states that are not ok with Chinese can flush them out from there state but in South west, we love competition.

You can go to your state and protest against the Chinese to enjoy monopoly and continue to fry them with high margins. But here, we would never allow that.

People go learn NEW THINGS 😜

ogawisdom:
For my newbies, In the stock market anything is possible, while fantasizing about the possible gain also be prepared to survive your loses. Nothing is certain, we are all trying to predict the future, if you predict correctly you win otherwise you lose.

Surviving your loses will keep you in the gain long enough to win.

Permanent loss of capital is gain over

How can you win in a game without understanding the rules? Invest in your stock market education to increase your odds of winning.

kalu61:
How can you compete with China in manufacturing when you can barely give 1/3 of the population steady power.

Hahah, Chinese beat the West to this and na common Africa want show buga.

You going to learn and you will learn in a very hard way.

Which one is 1/3 of the population, that is overtly exaggerating out power generating and transmission capabilities. Then ofcourse there is the cost of power in Nigeria when one gets stable power supply.

MATTERS ARISING

My advice is SIMPLE and has always been:

All the newbies entering the NGX since this 2026 should get an EDUCATION on how this market works because 2008 experience is a MUST repeat in this SPACE...

CASH is KING!!!

© MEGAWEALTH01

SonofElElyonRet:
GTI Research has put Dangote Petroleum Refinery and Petrochemicals’ (DPRP) probability-weighted fair value at approximately N493 per share, below the N525 offer price at which the company is currently selling shares in Africa’s largest-ever public share sale.

This is according to a 22-page valuation report by GTI Research analysts led by Mr. Abiodun Ogunniyi, which was published on Wednesday, September 16, 2026 and obtained by Nairametrics.

DR IPO should be for the long term and the focus should be on 1.4m barrels.
These current analyses are mostly based on 700K barrels.
If there is oversubscription and monies are returned (most likely), there will be another bullish run when the shares are listed on the secondary market

I have seen this argument that Chinese involvement in Nigeria’s retail market is somehow a deliberate plot to frustrate Igbo traders, and this kind of thinking perfectly explains one of our biggest problems. Lack of critical thinking and the absence of foresight and future thinking in how we do things.

So everything becomes a conspiracy. Everything becomes ethnic persecution. Instead of studying the competition, identifying what they are doing better and building a response, we WAIL.

China's competitive advantage isn't simply cheaper goods. It is the SYSTEM behind the goods. Not even America tries to compete, it partners!!

China owns every rung in their systen end to end. There is no part that requires you. Manufacturing. Industrial clusters. Supplier networks. Logistics. Financing. Warehousing. Distribution. Technology. Scale.

They don't just participate at the final point of sale. They have built capacity across the entire value chain.

Meanwhile, too much of Nigerian commerce remains trapped in trader mentality of import, distribute, sell, profit. That can create extremely wealthy individuals, but it doesn't necessarily create an industrial ecosystem capable of competing when the people manufacturing what you sell decide they no longer need you as the middleman.

Buying and selling is a part of business but it is NOT the business. The system is!

And that is where Nigerians should be looking inward and catching up to system thinking!

The time many of our business elites should have been reinvesting billions into end-to-end systems, industrial capacity and institutions that would survive generations, they were celebrating individual wealth as the ultimate achievement.

“Money na water.”

Wonderful. But where are the systems?

You couldn't turn Ariaria into the world-class manufacturing and commercial hub its entrepreneurial energy deserves. You couldn't transform Onitsha Main Market into a globally competitive trading ecosystem that generations could inherit and expand. You couldn't turn Alaba and Balogun market into manufacturing hubs.

Yet China is your biggest problem?

We have produced billionaires, governors, massive importers and distributors. The question is what was built from that success.

If you made billions distributing products manufactured elsewhere, where was the transition from distribution to production? Where were the factories, supplier networks, logistics infrastructure and industrial ecosystems?

Individual wealth cannot protect you from structural competition and the eventual consequences.

This is the hard lesson!

So instead of immediately reaching for “they are targeting Igbos,” ask a much more useful question: What did they build that Nigerian "business" men failed to build?

Because competitors do not become less competitive because you complain about them.

And if every economic challenge becomes an ethnic conspiracy, you never have to confront the uncomfortable possibility that nobody needed to plot against you.

They built a better system while you were celebrating individual success.

And no, I will not argue with your feelings! I debate positions! If you understood systems as a "business" person , it would show in your thinking!

By Chioma Amaryllis Ahaghotu

crownprince2017:
How many of them they pay tax, even the few that pay, how much they pay in tax..

Gready people crying everywhere..

Based on the context of discuss,
Then the guy I quoted should not blame the Chinese for weaponizing subsidies for their citizens back in China against foreign traders;
If Nigeria FG and it's traders can't abide by rules and do the same.

We have not got our acts together here in Nigeria.
Why blame Chinese for taking advantage of our loopholes?

As seen on the internet

essentialone1:
Aradel, Seplat and Oando now hold a combined *N2.86 trillion in cash* as of H1 2026 to fund growth after their major acquisitions.

Breakdown from their H1 2026 accounts:
- *Aradel Holdings: N1.72tn*
- *Seplat Energy: N598.35bn*
- *Oando: N544.92bn*

Their combined cash increased by about *N456.34bn* in just the first 6 months of 2026.

*Why they are this cash-rich:*
The 3 companies generated *N7.05tn in revenue in H1 2026* (Seplat N2.5tn, Aradel N2.49tn, Oando N2.06tn) when Brent briefly hit ∼$118 after the US-Israel-Iran conflict.

*What they plan to do with it:*
Both Seplat and Oando say capex will jump in H2 2026 — "biased to 2H 2026" for drilling, well interventions and other short-cycle production growth. This follows their big asset grabs from IOCs divesting — Seplat's ExxonMobil JV, Oando's Eni/NAOC acquisition, Aradel's ND Western / Renaissance JV stake.

In Q1 2026, Aradel + Seplat alone held 97% of all cash in listed Nigerian oil companies — so the sector is now a two-horse liquidity race, with Oando re-joining the table after its acquisition.

...Interesting. Thanks for this

All these AI generated argument na because of CHINA levels...

As for me I want China to explore all facets of NAIJA including the elections... I love the survival spirit of the Chinese 😘

emmanuelewumi:
I have seen this argument that Chinese involvement in Nigeria’s retail market is somehow a deliberate plot to frustrate Igbo traders, and this kind of thinking perfectly explains one of our biggest problems. Lack of critical thinking and the absence of foresight and future thinking in how we do things.

So everything becomes a conspiracy. Everything becomes ethnic persecution. Instead of studying the competition, identifying what they are doing better and building a response, we WAIL.

China's competitive advantage isn't simply cheaper goods. It is the SYSTEM behind the goods. Not even America tries to compete, it partners!!

China owns every rung in their systen end to end. There is no part that requires you. Manufacturing. Industrial clusters. Supplier networks. Logistics. Financing. Warehousing. Distribution. Technology. Scale.

They don't just participate at the final point of sale. They have built capacity across the entire value chain.

Meanwhile, too much of Nigerian commerce remains trapped in trader mentality of import, distribute, sell, profit. That can create extremely wealthy individuals, but it doesn't necessarily create an industrial ecosystem capable of competing when the people manufacturing what you sell decide they no longer need you as the middleman.

Buying and selling is a part of business but it is NOT the business. The system is!

And that is where Nigerians should be looking inward and catching up to system thinking!

The time many of our business elites should have been reinvesting billions into end-to-end systems, industrial capacity and institutions that would survive generations, they were celebrating individual wealth as the ultimate achievement.

“Money na water.”

Wonderful. But where are the systems?

You couldn't turn Ariaria into the world-class manufacturing and commercial hub its entrepreneurial energy deserves. You couldn't transform Onitsha Main Market into a globally competitive trading ecosystem that generations could inherit and expand. You couldn't turn Alaba and Balogun market into manufacturing hubs.

Yet China is your biggest problem?

We have produced billionaires, governors, massive importers and distributors. The question is what was built from that success.

If you made billions distributing products manufactured elsewhere, where was the transition from distribution to production? Where were the factories, supplier networks, logistics infrastructure and industrial ecosystems?

Individual wealth cannot protect you from structural competition and the eventual consequences.

This is the hard lesson!

So instead of immediately reaching for “they are targeting Igbos,” ask a much more useful question: What did they build that Nigerian "business" men failed to build?

Because competitors do not become less competitive because you complain about them.

And if every economic challenge becomes an ethnic conspiracy, you never have to confront the uncomfortable possibility that nobody needed to plot against you.

They built a better system while you were celebrating individual success.

And no, I will not argue with your feelings! I debate positions! If you understood systems as a "business" person , it would show in your thinking!

By Chioma Amaryllis Ahaghotu

Agbalowomeri:
I know say na Oando sponsor this thing

@Agba, you no agree say dem get the 500b+ cash?

I honestly want China to take over our markets even in the US China still had a good percentage stake in their markets forget all the TRUMP noise about tarrifs etc

China don't joke with MONEY. MONEY and GAINS ain't the same in COMMUNIST THEORIES... They are communist for a reason... Sometimes what fits this globe is COMMUNISM

chimex38:
Based on the context of discuss,
Then the guy I quoted should not blame the Chinese for weaponizing subsidies for their citizens back in China against foreign traders;
If Nigeria FG and it's traders can't abide by rules and do the same.

We have not got our acts together here in Nigeria.
Why blame Chinese for taking advantage of our loopholes?

emmanuelewumi:
Chinese should get out of the retail market, if they refuse the traders should stop importing from China

If they stop importing. Will the Chinese be stopped from taking over completely.
Are you suggesting the Chinese can now take over completely

mikeapollo:
DR IPO should be for the long term and the focus should be on 1.4m barrels.
These current analyses are mostly based on 700K barrels.
If there is oversubscription and monies are returned (most likely), there will be another bullish run when the shares are listed on the secondary market

Hmmm..(last paragraph).
Even a dip in price post-listing might just rally on a bullish run to take back the left-overs..
Very plausible

Write this down and paste it somewhere...
China will comquer AFRICA soon. They are survivors

chimex38:
Based on the context of discuss,
Then the guy I quoted should not blame the Chinese for weaponizing subsidies for their citizens back in China against foreign traders;
If Nigeria FG and it's traders can't abide by rules and do the same.

We have not got our acts together here in Nigeria.
Why blame Chinese for taking advantage of our loopholes?

Major deals of the day for the 17th of September 2026 @ngxgrp

113.3k units of AIRTELAFRI crossed at 5830.0
508.9m units of FIDELITYBK crossed at 19.65
910k units of GTCO crossed at 129.9
1.3m units of GTCO crossed at 130.0
72m units of MBENEFIT crossed at 3.30
37.5k units of SEPLAT crossed at 15750.0
18k units of SEPLAT crossed at 15950.0
49.8k units of SEPLAT crossed at 16000.0
60.3m units of STERLINGNG crossed at 7.55
549.7k units of TRANSPOWER crossed at 197.7
50m units of ZENITHBANK crossed at 128.6

Ding!

Redstar plc 19 declared dividends payment received

Who uses criminally-minded brokers

Bishopking:
Has anyone observed that some criminally minded stock brokers are now opening underground accounts for clients without clients' knowledge Some colleagues have complained

Bishopking:
Has anyone observed that some criminally minded stock brokers are now opening underground accounts for clients without clients' knowledge Some colleagues have complained

What then is their purpose since I will not fund t account??

As seen on the internet

The Chinese must not leave Nigeria.

The Chinese must stay in Nigeria and more Chinese should come and do business in Nigeria and crash prices of goods especially in Lagos as these middlemen are extortionists .

Once more chinese arrive , they should build affordable housing for everyone especially in Lagos and Abuja and crash the cost of rent for everyone . No two years rent in advance, no agency and legal fee ,let the landlord renting the house pay his agent and lawyer as that is how it should be .

When we have enough Chinese in Nigeria, do you know what else they should do? They should fix all the roads in Nigeria and collect toll. They should give us pipe borne water and charge pure water price , They should fix our electricity problem and construct high speed trains and charge fees until they recoup their investment . They should take over Nigerian agriculture and crash food prices . They should take over all the non functioning refineries and refine oil locally and crash fuel pump retail prices .

This is the best part , firing squad if found to be corrupt in any form or selling drugs just as they handle corruption and drug trafficking in China.

Do you really want the Chinese in Nigeria to go?

© Francis Van