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Business › Re: Why Are Nigerians So Quick To Accept Inflation? by SeaTrade(op): 10:22pm On Nov 05, 2021
georgealmond216:
Make we protest for a change?
I didn't say protest,
I said don't buy expensive goods and opt for cheaper alternatives,anytime a company gets greedy thinking people can't live without their finished product.
Protest will achieve nothing in this case ,just show them you can do without them and they'll look for ways to bring down price on their own.
Business › Re: Why Are Nigerians So Quick To Accept Inflation? by SeaTrade(op): 10:20pm On Nov 05, 2021
HeadNigga:
Blame the government for inflation not corporations. So if the cost of raw materials/production skyrockets you expect a company not to review it's price upwards?

Your argument will only be valid if we know for sure that there isn't general inflation and a company just changes the price of it's product...but as it is in Nigeria, we all know there is general inflation as a result of the forex rate coz we are import dependent.
Corporations use this forex excuse to also milk the populace as well.
Agreed forex is scarce and costly,
But why should a company that manufactures in Nigeria has its products inflate by up to 50% in the name of forex?
Don't you know these people get forex via form M at official rates to import raw materials?
Agreed there are delays here and there to get the form M fx but should that be the reason why their products should inflate by up to 50%?
This greed starts right from the corporation and continues down the supply chain.
Solution is to boycott and try alternative cheaper products.
That time you will see the so called corporations claiming forex this and that will reduce price and even do all sorts of promo untop to win back market share.
They do this because Nigerians have shown blind brand loyalty and helplessness.
Business › Re: Why Are Nigerians So Quick To Accept Inflation? by SeaTrade(op): 9:34pm On Nov 05, 2021
FreelanceRebel:
The problem is that, we don't have much startup or small business who can produce and sell at lower market price.

But somehow, we are able to achieve something similar with our tomatoes paste products. While the major brands are selling between 100-120, we get our own to sell for 80 naira, and in term of quantity, what we put in the sachet is much more than that of the major brands.

If we can have small businesses doing similar in other fields or market, price inflation will be hard due to market competition. And you SME controls the local market
There are a lot of alternatives,people just don't buy them.
Whoever is saying that alternatives aren't there isn't being honest or market savvy.
Except for some select services and products like transport,energy,etc,most consumables have lots of cheaper alternatives in the markets that Nigerians are very adamant on not buying even though they're cheaper.
Business › Re: Why Are Nigerians So Quick To Accept Inflation? by SeaTrade(op): 4:33pm On Nov 05, 2021
CountVersailles:
This has led to some business people hiking prices for no reason because they know they will still enjoy patronage.
Yes.
At the slightest sign of scarcity,
Market people now inflate prices most times by 60% and sheeples will still buy,
I tire for this people.
Business › Re: Why Are Nigerians So Quick To Accept Inflation? by SeaTrade(op): 4:22pm On Nov 05, 2021
Lalasticlala,seun.
We need a wider audience on this.
Thanks.
Business › Re: Why Are Nigerians So Quick To Accept Inflation? by SeaTrade(op): 4:21pm On Nov 05, 2021
CountVersailles:
I ask myself this same question a lot. I've not seen it happen once that commuters, for example, will protest hike in transport fares by trekking and actually showing these danfo buses who's boss.
In America, black people started walking as a form of protest to segregation in buses. Na beg dem beg dem las las to please come back.
It is very bad and terrible out here honestly,price hike across a value chain and people keep patronising like nothing happened.
It is making me think that Nigerians are not as poor as they claim,they just want to play pity party.
Business › Why Are Nigerians So Quick To Accept Inflation? by SeaTrade(op): 3:43pm On Nov 05, 2021
Nigeria is the only country in the world where a product will jump in price by 50% and sales of that product won't change.

It has made corporations greedy and they milk Nigerians with reckless abandon at the slightest opportunity.

Why can't people just boycott those greedy brands,move to cheaper ones and let it sink in the heads of this corporations that no brand is too big to fail,irrespective of product or distribution network.

As someone that has travelled a lot around Africa,I can boast that Nigeria is the only place where this happens and consumers will show vulnerability and dependency by simply continuing patronage and showing these people that "we don't have a choice".
This is a very wrong message to pass,make una try wise up abeg.

Brand loyalty is a daft thing to do cos you would be taken advantage of by oligarchs.
I drop my pen.

This needs to get to front page let's discuss more on this.
Romance › Re: Marry A Working Class Lady by SeaTrade(m):
Well,they come with their good and bad sides.(independence,finnesse and also unnecessary arrogance,pride and highly opinionated).
Properties › Re: Picture Of A House On Top Of Another House by SeaTrade(m): 10:20am On Nov 02, 2021
AmazingELixir:
This is Nigeria joor.....is that not okada on the street, open drains and scattered electricity wires I'm seeing there.. grin
I never said it was in the US,
It is Douala,Cameroun.
Omoniles don't exist there either. wink
Properties › Re: Picture Of A House On Top Of Another House by SeaTrade(m): 10:07am On Nov 02, 2021
AmazingELixir:
cool


Let me see how Omonile will go and disturb that construction since they don't use eyes to see freshly laid blocks
This happened in a lawful country where things like omonile don't exist in the first place,so all good cool
Everywhere can't be a lawless shithole.
Properties › Re: Picture Of A House On Top Of Another House by SeaTrade(m): 10:02am On Nov 02, 2021
cheesy
Definitely happened in my beloved Akwa, Douala.
This can only happen there because of the exorbitant cost of land in Akwa .
Lovely city,I love it!
And there is nothing wrong with it,the base building is strong enough to carry that house untop so all good.
Car Talk › Re: What Car Did You Drive In The University? by SeaTrade(op): 4:52pm On Oct 30, 2021
CaptainAyub:
Early and mid 2000s.
Peugeot 505.
As e get fault,I go park am 4 haus,hijack d flatbooth.
Flatbooth spoil,I go drop am for haus reposses d 505 which dem done repair by then.
Was not a matter of status symbol just that I loved night waka grin
God bless you daddy grin
grin grin grin
Car Talk › Re: What Car Did You Drive In The University? by SeaTrade(op): 4:20pm On Oct 30, 2021
lilvicky68:
Before it was students with very rich parents..
Now Yahoo boys don take over..
True.
Car Talk › Re: What Car Did You Drive In The University? by SeaTrade(op): 4:02pm On Oct 30, 2021
aycapri:
Na leggedisbenz oo,
lol I understand, at some point I pack up dey use leg too sha.
Car Talk › Re: What Car Did You Drive In The University? by SeaTrade(op): 4:02pm On Oct 30, 2021
lilvicky68:
I'm not sure this thread is for Nigerians..
Or do you mean PhD students??

Some students never see garri drink na to come buy fuel ride car grin
Haha but a lot of students did oo.
Even till date sef,I think the number increased.
Car Talk › What Car Did You Drive In The University? by SeaTrade(op): 3:45pm On Oct 30, 2021
Hello people,
So like the topic says,what car did you own/drive in the university for daily commute?
Was it some sort of a status symbol for you or rather gave you more freedom and aided to give you a time of your life while in school?
Well,I'll go first.
Honda CRV,2004 model was what I drove in 200l .Later became hard to fuel and maintain sha,I washed it myself then grin
Remember the day the front shaft yanked off after giving me so much signs but I ignored cos I couldn't afford repairs,
My girlfriend at the time gave me 25k to fix it,I think I spent like 6k to get a replacement shaft and 2k repair bill and the remaining 17k I use am chop,before man die.
Gave me and my friends lots of memories, really funny ones sef join.
At some point a hatch back corolla too,I think that was in 300l.
Sold off the Honda down the line for 150k because it was a wreck grin grin
This should be fun,
So what did you drive in school and how did you maintain it?
Lalasticlala,seun,oam4j,dominique.
Celebrities › Re: Stephanie Okereke Celebrates Her Son, Maxwell Linus' 6th Birthday (photos) by SeaTrade(m): 10:13am On Oct 30, 2021
pocohantas:
6 and he is dragging height with his parents?
Anyway, they are both tall. He must have taken it from them. Happy birthday to him.

1 child in 6 years.
Many rich people no just like stress.
They need time to tour the world, focus on their career and create more wealth.

But you see those ones on a 45k salary. Hmm!
The only way to revalidate their manhood is by impregnating their wives. No money to flex, so their recreation is in between the woman’s legs. When he is angry, na to offload inside the wife. When he is happy, double offloading
. Next thing you go see na 5 similar looking children.



Thank you! I done fear how he got that tall.
See scam! cheesy
Funny, even though it isn't such a nice thing to say.I made same mistake as a young person,as I grew older I realised a lot of things.
You need not shame people for what they don’t have, it's a bad thing to do.
Don't drag me please,and you need not respond,
I would look into it quietly if I were you.
Family › Re: My Threat by SeaTrade(m): 9:26pm On Oct 29, 2021
mariahAngel:
Look for another job, quit that job, then put your home in order! (In that order)
Never leave yourself at the mercy of any human.
You never hustle before na why you dey quick to spit this kind thing.
Life is in stages,
At first you will be at the mercy of humans till you find your footing.I mean you have to kiss a lot of ass to be able to stand firm on your own.
I still kiss ass and I make sure I lick it sparkling clean.
Business › Re: CBN Releases Guidelines For Enaira by SeaTrade(m): 7:48pm On Oct 26, 2021
Olayetan:
that's a point but where will the kiosk get the naira to give you for the exchange ?
Bank,but then ,a whole lot of people as Bank customers will be replaced by kiosk attendants.
That means less Bank active customers,
Spread that across the number of banks fighting for such little clientele equals loss of market share for banks.
Business › Re: CBN Releases Guidelines For Enaira by SeaTrade(m): 4:06pm On Oct 26, 2021
Olayetan:
it may/may not, what if you can't convert eNaira into paper money directly?, you will still have to send your eNaira to commercial banks before you can cash it out as paper money, that way, it won't affect commercial banks.
Kiosks will open nationwide that will give you naira in exchange for enaira for a small fee.
It will affect commercial banks,especially raking out small deposit customers who will find it easier to transact in the streets than going to banks.
Career › Re: Should I Chase The Money Or Focus On School by SeaTrade(m): 9:41pm On Oct 25, 2021
seanwilliam:
I’m honestly battling with some stuff and I have lot to talk about..
financially I’m doing very well, but still I’m not happy .,


Thanks anyway Chief ..
This is greed,
If you start like this,you are gonna lose yourself honeslty.
Most of the wealthy men you see today didn't plan it from day one.They just took each day as it came with their craft.
Thinking you can plan and control everything will be the beginning of your destruction.
I didn't say you should he lazy btw..
Career › Re: Should I Chase The Money Or Focus On School by SeaTrade(m): 8:02pm On Oct 25, 2021
seanwilliam:
this is the problem I’m facing right now
It's a terrible place to be in,terrible.
Well,the fact that you've identified it to be a problem is a step in the right direction.
Secondly is,how big a problem do you consider it to be?
If you take it so big,then it's end is near.
Goodluck to you man.
Career › Re: Should I Chase The Money Or Focus On School by SeaTrade(m): 5:29pm On Oct 25, 2021
seanwilliam:
I will appreciate very much , if you can throw light to the bolded
If you let money make you leave school,what now happens when the money stops coming?
Entrepreneurship is a very dangerous journey,sometimes out of luck and effort,it lasts.But to some,it doesn't.
So for a person in the latter category than has no qualifications,how then do you survive?
Don't be moved by little things in essence,have your degree and then continue your business from there,so that if it fails,you have something to fall back on...
Most of the people that think money is everything is mostly because they've not made it,cos when you do,you will find out that having money without what you can do with it to be productive is another nightmare on its own.
I hope I'm clear enough.
Autos › Re: What Is Your Dream Car? by SeaTrade(m): 4:49pm On Oct 25, 2021
2018 Mercedes E300,the thing just dey enter my eye lately dey tempt me.
Make I no go thief person own ooo hmmm.
Career › Re: Should I Chase The Money Or Focus On School by SeaTrade(m): 4:44pm On Oct 25, 2021
Runaway from anything that will make you leave school,trust me on this.
As you grow,you'll understand this better.
Celebrities › Re: Maria Chike Flaunts Bundles Of Hard Currency In Dubai, UAE (Photos) by SeaTrade(m): 5:06pm On Oct 24, 2021
lomprico:
$500k
Oga rest... grin grin grin
Celebrities › Re: Maria Chike Flaunts Bundles Of Hard Currency In Dubai, UAE (Photos) by SeaTrade(m): 5:05pm On Oct 24, 2021
lomprico:
1 bundle is 100 notes each note is 100 dollars and there are 5 bundles there.
do the math
grin grin grin...cocky,ain't ya?
Celebrities › Re: Maria Chike Flaunts Bundles Of Hard Currency In Dubai, UAE (Photos) by SeaTrade(m): 5:00pm On Oct 24, 2021
morikee:
That's $500k i don't believe it.

She is just posing with the Cash to deceive her followers

That Cash belong to an Exchanger
$50k.
Family › Re: I Really Want To Go Back To School by SeaTrade(m): 8:32am On Oct 24, 2021
Chiden:
Thanks a lot, I'm glad you've come to terms with what works for you.. Even the business has refused to work for me. I can't even restock my commodities. I guess I have to face my reality somehow
I understand your plight,business is very hard in Nigeria.
I started from other countries too because the challenges in Nigeria is too much,
But I'm back home now and working so hard,
Life is a journey bro,be contented with the journey,have a goal and love and be contented with the process,
You sef go shock.
Family › Re: I Really Want To Go Back To School by SeaTrade(m): 7:31am On Oct 24, 2021
Well,I too dropped out at some point because of business.
Thought I could do the two at once but one will always supercede the other.
The only difference was I fought the battle seriously and was able to win over the business and make a living out of it,but I still miss that degree.
I want to go back but same trade isn't giving me time to do so.
So much opportunity waiting in line if only I can get that degree.
I've made up my mind that I might not get that paper in my lifetime and I've made peace with it.
Romance › . by SeaTrade(op):
S
Celebrities › Re: Stop Posting Tiwa Savage & Calling Her Queen - Tochi Okechukwu by SeaTrade(m): 8:41pm On Oct 19, 2021
But Tiwa pussy sharp sha,
Very good wetness and no whitish stuff coming out,
Kudos to her.

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