Tetehjewels:


Perhaps there is also a problem with the way USA is also run which made over 15742 businesses to shut down in just one month right?

Every country is feeling the crunch and not just Nigeria

Here we go.
You folks are quick to compare the developed countries to Nigeria when it comes to NEGATIVE things. Can you not aspire to positives for once?

Are you aware the US government provided stimulus support to its citizens? Are you aware the UK paid furloughed employees on behalf of businesses? Pray tell what support has the Nigerian government provided to SMEs and businesses? That is on top of the no light, poor infrastructure these businesses already have to grapple with.

Nonsense

Obviously you didn't read my comment. By the way the target of multinational companies are always higher than indigenous companies.

Leopantro:


Shoprite is in Enugu, abia, port Harcourt, imo and anambra.
How many states is Roben stores in?

Solatium:


You need to understand basic economy before you open up your mouth and vomit gibberish.
If you build your local industries who needs a FDI?
foreign investor's are ALWAYS A SHORT TERM INVESTORS MATTER HOW LONG THEY STAY THEY WILL ALWAYS PULL OUT ONE DAY AND RUN TO THEIR HOME COUNTRY WITH THEIR LOOT.
Your local brothers here have no where to run to once he established here,the money stays here,your naira appreciates,your sibling's have a job,Your custom officer won't have a bribe to negotiate on finished goods brought in and Substandard goods won't be brought in.
The problem with you is inferiority complex,a thinking that a foreigner will come and liberate your economy.
I don't know how old you are but I witnessed it in the 80's,our local brands were allover the place, manufacturing is been done here,that was the reason Naira was stronger than $ and £ ,the reason your uncle and your Dad had a means of livelihood,the reason your Dad did not required a Visa to visit UK.

Procter and Gamble is not doing any manufacturing,all they do is bring in imported finished products in bulk and repackage, unfortunately the Indians and Lebanese who manufacturer in Ogun/Oyo STATE Axis wèrè able to beat them to the price war because they manufacturer from the end to finish here,they don't require huge forex to import,some of their content are even source locally.


Why do you think Nigeria breweries and Guiness Is waxing stronger? the embrace local raw material which has drives down their cost of production to a reasonable standard.

Let me ask you if there is anything ShopRite is bringing in
that we don't have local substitute here?
point me that thing and I will give up this conversation with you.

Lastly Brands evolve,the likes of Leventis Kingsway and the ilks were here in the 80's .
Cash and Carry, UTC and the rest emerged and survived through the 90's .
Now it is ShopRite, Spar and the rest,in 20yrs time we shall be talking about another brand

another load of crap

Just say you don't know Majority of their Farm to Table produce are from Nigerian Farmers. but you don't would you!
you don't want to trade with other countries, but you want FDI, don't want foreign companies investing in your country.

you think with the naira will appreciate as per what, as per encouraging local businesses without FDI, continue, NEXT thing you'll suggest that CBN should print more naira so that naira will appreciate until inflation will slap you in your face.

and the reason naira was strong in the 80's was because of the oil discovery that lead to large inflow of foreign investment has nothing to do with local businesses. Naira was very strong, we had hope but.....

ever since, oil has been catering for close to 90-95% of the country's revenue and budget funding


HAHAHAHA

do you use naira to buy import fuel and diesel, do you use naira to travel, is naira relevant outside the borders of Nigeria.

Our economy is shrinking, we need FDI now more than ever

Another Socialist spotted, the Lower middle class has shrunk, this was whom the Shoprite Retail Business was catering for, those Indians and Chinese are just making the products for the Lower class.

Another Mugabe Economist spotted don't worry chase away all the foreign investors and you'll have the local businesses take over.

you don't want to solve the issues that lead to Shoprite exist but because a local company will take over they won't have issues. Every FMCG local and foreign are reporting heavy losses but no kick them out. HAHAHAHAHAHAHAHAHAHAHAHAHAHA

Oga Economist

KICK OUT MTN WE HAVE GLO, KICK out evercompany that has a Nigerian alternative. hahahaha


Seems like oil sale during the pandemic did not open our eyes, Nigeria needs serious revenue something to bring value into the country either export or FDI. But you closed border with countries that could trade easily with you and started crying when the created a new currency and excluded you. Oshey Giant of Africa, Food Inflation and Inflation is on the increase.

Doesn't it even scare you that our budget is 90% devt servicing, oil revenue id drying up we need fotrign investment, that's how GOKADA and OPAY was fustrated after a combined investment of about $600 million

KICK every Foreigner out they are looting Us; MUGABE Junior Brother. HAHAHHAHAHA


If a product is too expensive it's not meant for you

the Chinese know that our purchasing power is shrinking badly, that's why they can make inferior phones and sell to us and we buy, phones that they don't even use outside Africa but that's what we can afford.

oh yes ban chinese phones let us start making our won phones, then when FG and our importers goes to import fuel, diesel and other things, they would use naira because you know Naira is strong because of local businesses.

HAHAHAHAHAHAHAHA

tot:


Here we go.
You folks are quick to compare the developed countries to Nigeria when it comes to NEGATIVE things. Can you not aspire to positives for once?

Are you aware the US government provided stimulus support to its citizens? Are you aware the UK paid furloughed employees on behalf of businesses? Pray tell what support has the Nigerian government provided to SMEs and businesses? That is on top of the no light, poor infrastructure these businesses already have to grapple with.

Nonsense

Nonsense!

You people are quick to condemn Nigeria on negatives forgetting that the so called DEVELOPED countries you admire also experience same negatives REGARDLESS of the fact that they are as you called them, DEVELOPED!


Again, nonsense!

Who is even talking about stimulus support here? We are talking about businesses shutting down and you are shifting goalposts.

How did these so called stimulus packages stop these businesses from shutting down?

They have electricity, good infrastructure, yet over 15000 and counting shut down in one month.

You are either high or obtuse if by now you cannot yet see you are talking in the rubbish

Tetehjewels:


Nonsense!

You people are quick to condemn Nigeria on negatives forgetting that the so called DEVELOPED countries you admire also experience same negatives REGARDLESS of the fact that they are as you called them, DEVELOPED!


Again, nonsense!

Who is even talking about stimulus support here? We are talking about businesses shutting down and you are shifting goalposts.

How did these so called stimulus packages stop these businesses from shutting down?

They have electricity, good infrastructure, yet over 15000 and counting shut down in one month.

You are either high or obtuse if by now you cannot yet see you are talking in the rubbish

The fact that you can't connect furlough and stimulus to business continuity shows your level of daftness is worse that I thought.

Please GTFO my mention. Sorry ass govt defender. Mschew.

tot:


Here we go.
You folks are quick to compare the developed countries to Nigeria when it comes to NEGATIVE things. Can you not aspire to positives for once?

Are you aware the US government provided stimulus support to its citizens? Are you aware the UK paid furloughed employees on behalf of businesses? Pray tell what support has the Nigerian government provided to SMEs and businesses? That is on top of the no light, poor infrastructure these businesses already have to grapple with.

Nonsense

And before you drop your expected unintelligent replies attached is the same UK you bragged about .

Over 500,000 businesses affected and out of business

Tetehjewels:


And before you drop your expected unintelligent replies attached is the same UK you bragged about

Continue pasting links from all over the place instead of addressing the fundamental questions raised. Dumbo.

Worldliness:
But Akwa Ibom claimed ShopRite was building biggest shopping mall in Nigeria in Uyo. What a fvckery!!

You get sense at all.. You no read say them say in 15yrs and also to sell to another company get sense ok

tot:


Continue pasting links from all over the place instead of addressing the fundamental questions raised. Dumbo.

The dumbo is the one who is shown evidence yet waves it away and throws tirades instead.

That dumbo is you

tot:


The fact that you can't connect furlough and stimulus to business continuity shows your level of daftness is worse that I thought.

Please GTFO my mention. Sorry ass govt defender. Mschew.

I don't need to connect it dumb ass

My question to you remains. How did this stop the businesses from shutting down.

Put up or shut up

Tetehjewels:


The dumbo is the one who is shown evidence yet waves it away and throws tirades instead.

That dumbo is you

I don't waste time engaging sorry ass govt defenders. Run along to another thread to do your work and let sensible people contribute.

Dumbo.

[s]

Tetehjewels:


I don't need to connect it dumb ass

My question to you remains. How did this stop the businesses from shutting down.

Put up or shut up

[/s]

tot:


I don't waste time engaging sorry ass govt defenders. Run along to another thread to do your work and let sensible people contribute.

Dumbo.

When the idiocy of people like you gets exposed you always have one response and that is insults.

We know your kind. Nitwits who imagine themselves to have 2 brains rather than an echo between their ears

Answer my question or remain a doofus

[s]

Tetehjewels:


When the idiocy of people like you gets exposed you always have one response and that is insults.

We know your kind. Nitwits who imagine themselves to have 2 brains rather than an echo between their ears

Answer my question or remain a doofus

[/s]

tot:
[s][/s]

Can has finally got your tongue

Moróns running riot all over the place

[s]

Tetehjewels:


Can has finally got your tongue

Moróns running riot all over the place

[/s]

tot:
[s][/s]

[img]https://media1./images/cda9e26178dc5abbfc5d63509e321bcc/tenor.gif?itemid=12879785[/img]

[s]

Tetehjewels:

Dumbo

[/s]

UyaiIncomparabl:
I don't like this news.

Blenco and its ilks have been dipping holes into people's pockets since time immemorial. Where will I be buying extremely cheap stuff when they leave?

I know this may sound stupid but I am sad.

They have just rendered many people jobless.

Yes, it will temporally lead lose of jobs, but will, in the medium and long term lead to creation of even more jobs, as indigenous firms that does what Shoprite does will grow and even more will spring up, and our economy will be better of.

Shoprite, DSTV, MTN and many other foreign companies keep making huge profits in Nigeria and repatriates same to their country. This heaps a heavy pressure on the Naira and further weakens it. We have to encourage ourselves to buy and eat what we produce and also patronize our indigenous companies.

chiron:


another load of crap

Just say you don't know Majority of their Farm to Table produce are from Nigerian Farmers. but you don't would you!
you don't want to trade with other countries, but you want FDI, don't want foreign companies investing in your country.

you think with the naira will appreciate as per what, as per encouraging local businesses without FDI, continue, NEXT thing you'll suggest that CBN should print more naira so that naira will appreciate until inflation will slap you in your face.

and the reason naira was strong in the 80's was because of the oil discovery that lead to large inflow of foreign investment has nothing to do with local businesses. Naira was very strong, we had hope but.....

ever since, oil has been catering for close to 90-95% of the country's revenue and budget funding


HAHAHAHA

do you use naira to buy import fuel and diesel, do you use naira to travel, is naira relevant outside the borders of Nigeria.

Our economy is shrinking, we need FDI now more than ever

Another Socialist spotted, the Lower middle class has shrunk, this was whom the Shoprite Retail Business was catering for, those Indians and Chinese are just making the products for the Lower class.

Another Mugabe Economist spotted don't worry chase away all the foreign investors and you'll have the local businesses take over.

you don't want to solve the issues that lead to Shoprite exist but because a local company will take over they won't have issues. Every FMCG local and foreign are reporting heavy losses but no kick them out. HAHAHAHAHAHAHAHAHAHAHAHAHAHA

Oga Economist

KICK OUT MTN WE HAVE GLO, KICK out evercompany that has a Nigerian alternative. hahahaha


Seems like oil sale during the pandemic did not open our eyes, Nigeria needs serious revenue something to bring value into the country either export or FDI. But you closed border with countries that could trade easily with you and started crying when the created a new currency and excluded you. Oshey Giant of Africa, Food Inflation and Inflation is on the increase.

Doesn't it even scare you that our budget is 90% devt servicing, oil revenue id drying up we need fotrign investment, that's how GOKADA and OPAY was fustrated after a combined investment of about $600 million

KICK every Foreigner out they are looting Us; MUGABE Junior Brother. HAHAHHAHAHA


If a product is too expensive it's not meant for you

the Chinese know that our purchasing power is shrinking badly, that's why they can make inferior phones and sell to us and we buy, phones that they don't even use outside Africa but that's what we can afford.

oh yes ban chinese phones let us start making our won phones, then when FG and our importers goes to import fuel, diesel and other things, they would use naira because you know Naira is strong because of local businesses.

HAHAHAHAHAHAHAHA

I don't even need to finish reading up your rubbish before I can say conclusively that YOU ARE A COMPLETE NOVICE,you only want to sound like a seasoned economist without a basic knowledge of economy,an SS 3 student knows that the more you spend on imported goods the more forex you need.
The argument here is why farm out what you can do conveniently to a foreigner?
why give a thing a little as retail business to a foreign firm thinking you are attracting a foreign investor?


You also goofed by saying oil sale was the driver of our economy in the 80's.
oil was here since 1954 and the boom was in the early 70's.
The main stay of our economy was Groundnuts pyramid of kano,Cocoa From the West and Coal from the East.

I can guess your age with your level of intelligence and your mode of argument.
Complexity is your problem,misuse of words is another,the fact I said Nigerians should take over the running of the economy doesn't indicate am canvasing for socialism.
You obviously don't know the distinction between Capitalism and Socialism. the difference between home-grown solution and wall Street deception.


The Israelis have an habit of circulating the funds within their community up to 12 times before allowing it to go outside of their orbit.
The Indians have imbibe same thing by allowing the same funds to go round them for at Least 8 time's,that is why you see that Indians grow from strength to strength.
The Chinese doesn't even allow their money goes elsewhere, everything they need and want is manufacturer by them
and here is a deluded Nigerian canvasing for CAPITAL FLIGHT.

With people like you, Africans will remain a slave to the rest of word.

Solatium:




I don't even need to finish reading up your rubbish before I can say conclusively that YOU ARE A COMPLETE NOVICE,you only want to sound like a seasoned economist without a basic knowledge of economy,an SS 3 student knows that the more you spend on imported goods the more forex you need.
The argument here is why farm out what you can do conveniently to a foreigner?
why give a thing a little as retail business to a foreign firm thinking you are attracting a foreign investor?


You also goofed by saying oil sale was the driver of our economy in the 80's.
oil was here since 1954 and the boom was in the early 70's.
The main stay of our economy was Groundnuts pyramid of kano,Cocoa From the West and Coal from the East.

I can guess your age with your level of intelligence and your mode of argument.
Complexity is your problem,misuse of words is another,the fact I said Nigerians should take over the running of the economy doesn't indicate am canvasing for socialism.
You obviously don't know the distinction between Capitalism and Socialism. the difference between home-grown solution and wall Street deception.


The Israelis have an habit of circulating the funds within their community up to 12 times before allowing it to go outside of their orbit.
The Indians have imbibe same thing by allowing the same funds to go round them for at Least 8 time's,that is why you see that Indians grow from strength to strength.
The Chinese doesn't even allow their money goes elsewhere, everything they need and want is manufacturer by them
and here is a deluded Nigerian canvasing for CAPITAL FLIGHT.

With people like you, Africans will remain a slave to the rest of word.

ALL HAIL THE SEASONED EXPERIENCE INSEAD TRAINED ECONOMIST

HEIL HEIL HEIL

Chinese doesn't allow their money elsewhere so the Chinese Infrastructural Investment in Africa are what.

Groundnut Pyramids Check
Local Businesses encouraged due to frustrated FDI Check
Socialist economic policies check
compare yourself with China and India Check

what's next??

Retard Isreal's biggest revenue steam is IT, R& and Military Technologies (These are exports), what's ours?!

ours is oil and its dwindling, instead of encouraging FDI, you're saying yes to CBN influenced inflation.

HAIL THE ALL KNOWING ECONOMIST

chiron:


ALL HAIL THE SEASONED EXPERIENCE INSEAD TRAINED ECONOMIST

HEIL HEIL HEIL

Chinese doesn't allow their money elsewhere so the Chinese Infrastructural Investment in Africa are what.

Groundnut Pyramids Check
Local Businesses encouraged due to frustrated FDI Check
Socialist economic policies check
compare yourself with China and India Check

what's next??

Retard Isreal's biggest revenue steam is IT, R& and Military Technologies (These are exports), what's ours?!

ours is oil and its dwindling, instead of encouraging FDI, you're saying yes to CBN influenced inflation.

HAIL THE ALL KNOWING ECONOMIST

Now that it has been reported that Tayo Amusan a Nigerian is in pole position to buy out the South African stake in ShopRite Nigeria,where will your touted FDI comes from?


I said it that you are just an idiot who argue without substance,I gave you verifiable mentions yet you keep arguing blindly


Chinese don't go around with cash,they offered you solution,the bring you technology and infrastructure all on credit allowing you to pay over a period of time,they even bait you with counterpart funding.

Encountering people like you online doesn't come to me as something new,I usually use you to refresh my knowledge and bring out the stupidity in you

Lol, everything there can be got in the open market, if they like they should go.

Really sad. A lot of people are going to lose their job and to make matters worse this shows that Nigeria is not an environment that businesses can thrive in.

Correcto:
Obviously you didn't read my comment. By the way the target of multinational companies are always higher than indigenous companies.

Don't move the goal post.
You said and I quote

[ author=Correcto post=92406354]I heard Roban Stores is seriously competing with them in the East, especially Enugu.[/quote]

I mentioned 4 states in the East like you said.
I just want to know , in those states I mentioned, where Roben stores are located.
I'm in the East and I have never heard of Roben.
Simple enquiry.

Lol Roben. I rest my case. Ofcourse you live in the south east while some in the outside the country, south west or the north knows better than you. Well for [Enugu, I am heard they have three large branches in town. One at Abani, One along Government house/independent layout road and one at Nowas. I hear they about to finish a superb branch at Nnewi. Oga Google is your friend so feel free to Google it. It is there on the internet. It is Roban Stores not Roben.quote author=Leopantro post=92437746]

Don't move the goal post.
You said and I quote

[ author=Correcto post=92406354]I heard Roban Stores is seriously competing with them in the East, especially Enugu.

I mentioned 4 states in the East like you said.
I just want to know , in those states I mentioned, where Roben stores are located.
I'm in the East and I have never heard of Roben.
Simple enquiry. [/quote]

Correcto:
Lol Roben. I rest my case. Ofcourse you live in the south east while some in the outside the country, south west or the north knows better than you. Well for [Enugu, I am heard they have three large branches in town. One at Abani, One along Government house/independent layout road and one at Nowas. I hear they about to finish a superb branch at Nnewi. Oga Google is your friend so feel free to Google it. It is there on the internet. It is Roban Stores not Roben.quote author=Leopantro post=92437746]



Don't move the goal post.
You said and I quote

[ author=Correcto post=92406354]I heard Roban Stores is seriously competing with them in the East, especially Enugu.

I mentioned 4 states in the East like you said.
I just want to know , in those states I mentioned, where Roben stores are located.
I'm in the East and I have never heard of Roben.
Simple enquiry.

So you are comparing a superstore that has branches in four different states to a superstore that currently has 3 branches in ONE state?

Jman24:
No wonder the whole place was a shadow of itself yesterday. A whole Sunday

I was at ShopRite this weekend too.


The usual queue totally absent. Only one person in front of me.

Tellers idle.

GamalNasser:
Buhari is evil.... This is how Buhari's poor leadership sent Leventis and Kingsway packing in the 80s and now he has done it again ..Next to leave will be DSTV then finally MTN..Meaning PEP store will soon announce their leave

PEP was under lock over the weekend.

Obviously you issues with understanding and I can explain further.

Leopantro:


So you are comparing a superstore that has branches in four different states to a superstore that currently has 3 branches in ONE state?

Correcto:
Obviously you didn't read my comment. By the way the target of multinational companies are always higher than indigenous companies.

Roban stores is in Enugu(3) branches
Anambra(1) and already finished one making it(2)
Imo (1) Owerri
Ebonyi (1) Abakaliki
Then upcoming one at Abia(1) Umuahia
Also (1) at Asaba, Delta state

There are also coming to Ph, Uyo etc soon

Vulcan24:


it is illetrates like you that makes the long queue

it is a place for multiple shopping not single item purchases

Be guided on public speaking

It is absolutely unnecessary calling me names especially when my post is not in anyway directed to you. I choose to overlook your transfer of aggression and name calling.

Lastly, children like you are not mature enough to handle a phone with internet connection, next time allow the most senior person in your family to vet your comments before posting online.

Like I said; I ignore your juvenile deliquesce.