₦airaland Forum

na them still import the most....

talkin this,doing something else....

we know dem dem....

make fun of him....
people like him know how to play politics....

we south southerners are pragmatic....
we smart....bring the yorubas and northerners to like you and forget the rest....

we all know which people i mean with the rest....

Vadese1:
Just seven months. Tinubu has destroyed everything. Ifvwecare economical with the truth, we should regards Buhari as saint compare to this old drug addict

soo quick....??

seven months....

look,we will vote tinubu again and their is nothing people like you can do about it....
you can go to court again....we are fair....

Difrent:
This is a direct quote from their statement
"The Chief Financial Officer of the group Andre Schulten stated this during his presentation at the Morgan Stanley Global Consumer & Retail Conference.

The company explained that it is difficult to do business in Nigeria as a dollar-denominated organisation and the macroeconomic reality in Nigeria is responsible for its latest strategic decision"

imagine....now the truth is comin out....

i bet you,they were not payin their nigerian workers in dollars....

the question now is,who were they hirin and payin salaries in dollars....

fxexperts:
Because you guys do not know how to do anything in that shithole.

but the shitthole is still good enough to come and get dollars....

we don hear....

Difrent:
P&G had this coming looong ago because of the way they operate using dollars to pay workers in Nigeria and their naivety about the Nigerian business environment that made them lost lots of money to corruption by their staff and suppliers.....they ran that company aground due to corruption.
Another mistake I think they made was the pampers factory built in ota....at a time Huggies and Molfix have pushed pampers out of the market

they paid workers in dollars in nigeria....??

thats stvpid....
you dont generate dollars in nigeria and you are payin your workers in dollars in nigeria....??

were they payin their nigerian workers in dollars....

criuze:
All this epistles just to tell me how badly it hurts


May God help you child of God

how dare you insult me....
you think i give a shitt about all una white religion blablas....??

dont insult me....!!

Donake:
Is there any country not hosting foreign companies? China hosts apple manufacturing company where labour is cheaper yet they haven't left for their inconsistent policies,why would P&G,GSK suddenly leave and you are here talking like a drunken fool about they are concerned about dollar?. Which business do you run currently that is into Fast commodity goods? Is it not gbegiri ati ewedu that you pound daily thinking you are into manufacturing or packaging?

you dont understand....if you motivate this greedy foreighn basstards to stay,they will be chargin you the same price like abroad....you in nigeria will not be able to afford it....at the end na fg will have to subsidies it for you....

its a trick....they are after your gold reserves....
if they cant manufacture in nigeria,then they should leave....others will take over....

dont excuse them....

they tried the same thing with india too....india just did laws soo that local manufacturers can copy what they produce....nigeria should do the same thing like india did....

dont let them scare you off your little money....

Fearyourcreator:
This is what annoys me most .. pointing fingers to other for what they do most ...same with drugs too ...

that worse pass....they will still point finger at you no matter what you say and how many proof is around....

Fearyourcreator:
What I noticed about them is , business that don't bring much profit margins you won't see them there... Especially original products , but used and substandard them full there cus it's profit margins swallows original products

we shouldnt be scared to call them out for what they are doing....
they be sabotagin the nigerian economy but still be pointin fingers at others....

sprag007:
From frying pan to fire.
Imagine Pampers, Always, Oral, Ariel, Ambi-pur, safeguard, Olay & Gillette now to be imported.
Prices will skyrocket because third-party distributors will milk Nigerians.

I haven't seen or read anywhere about any economic policies or mitigants to encourage these companies to stay put.
Rather it's the padded pockgets and kickbacks they are after.

SMH

pay them from your own pocket to stay put....

finish with this western dreams phantasies....

some of you even started orderin pizzas from abroad back then with jonathan....
nonesense....

fxexperts:
Can you imagine this joker. Are you serious? Why didnt your own people open up their own company then, if you thinks it is so easy to open and run a company. you jokers everywhere.

Typical of a black man. you leave a man just to chase shadows, what is even wrong with you people in this part of the world.

nonesense....nigeria has already pharmacy companies before people started importin substandard medicins themselves....

they can be rebuilt again....
nigeria had a company that even assemble pc maschines....

all went under because of cheaper imports from abroad....

smartphone the same thing too....
we nigerians didnt patronize them....

soo,the knowhow is already here....stop lookin down on yourself....

Fearyourcreator:
Their marketing units dull no be small... Person wey supposed dey run advert with celebrity 24/7... Like also understand your market like doing low budget ... Well I believe they will have their reasons sha .. but at least nobody dey hold am to spend on marketing, fill Facebook , Google , Instagram Twitter news papers... Even do am like easy buy sef for those like civil servants and top people working in companies that will be easy to trace if they default to get them to pay ... Innoson supposed don dey almost everywhere now ... At least one of 30 cars today in Nigeria... The man dey dull ooo ... The team should enter the market like cheap Corolla then wey Toyota use enter US market then ...

i was thinkin the same thing too back then....

who knows innoson in ghana,south africa,gambia,kenya....??

this is the thing with igbos....
them no sabi how to present themselves....

them no sabi anything other than quick money....

if he doesnt want to pay,then you can forget the money and move on....

or you can threatin him to involve the police....
it could scare him and he still pays....

dont go into such deals again....
demand daily payments before workin....

Chochovini:
.

Don‘t tell us you really want to take that crap of advice. To what end if I may ask?

Someone is owing you, and you want to thank and bless him for paying you when the opposite is the case. Who does that? And where is the sense in that?

It‘s an express evidence that he nolonger owe you anything hence the gratitudes and prayer of blessing. Therefore the aim of posting this report here is baseless and meaningless.
Crap advice.

i was thinkin too if he believed that nonesense....

Ezeeboiy:
you're right sir I don't know why most bosses/ employers in Nigeria don't pity their workers

pity....??

forget pity in this world....

people will cheat you when you give them the chance....

Ezeeboiy:
Hello! I will go straight to the point

I am a mason (labourer) there's this engineer that hired us to work in his site outside the city where I live far away from my state of residence in the North East we spent 1 month and 5days working at the site we agreed that he will be given us daily feeding allowance but our remuneration will be paid after the completion of the project.

So after the completion of the project we calculated that I have 115k for the period I spent working . Now it has been 5days since we finished the project but yet to pay me I have families that depend on me and he now want me to go home empty handed after this long since I left my family. I have been asking him but now he doesn't even take my call. please how can I handle this issue?

big mistake....dont take promises....
always demand pay dey go....weekly payment, or better would be daily....

nigerians cut corners alot and workers are the easiest to cheat because of no real union to fight for you....

Cmeo:
I got your point but the investors we need now are the one that will be ready to use our resources to create their own product. Let the research and setup lab to research and adopt our raw materials or we develop it ourselves. And if they aren't coming, we should wake up to our responsibility to develop our country and industries by ourselves.

exactly....what we need is technology transfers and not some stvpid foreighn companies that have no idea how to run businesses themselves....

you are surrounded by raw materials in africa and you still want to import....??

they should all fvck off....!!

prophetfire:
. Do you have your own companies that manufacture what they do and can create the employment they create and add the value they add?
You are saying this to defend your useless APC agbado government that you supported.
If you establish a business, won't you want to repartriate your profits home?

it has nothing to do with politics....

this companies make defizit too in their countries,but they dont immediatly go bankrupt pack up and leave....

understand what they are playin....
if the nigerian market doesnt fit them no more,then let them leave....

others will take over....
and seriously....they dont hire that many nigerians as some people try to tell you anyways....

better build up your own local companies and show this foreighn dollar svckers your black middlefinger....

btw....
why do you care about them repartriate money to their homes....??
are you finish carin about yourself....??

interestin is its mostly the red capians that are after me for my statement....

Ezmans:
without foreign companies nigeria can't survive because any company you hire a Nigerian to manage will collapse under six months

nigeria cant survive without foreign companies....

what does that even mean....??

africa is hugh for cryin out loud....!!

what the hell are you guys lamentin on my head since yesterday about....??
am sayin they are only after the dollars and i automaticaly commited high treason....??

this brainwashin is very strong in una indeed....

caye:
Just try to calm down, pls.

where is the stats....

caye:
Hi Kid.
These companies hire THOUSANDS of Nigerians directly.

That means that they are probably feeding HUNDREDS OF THOUSANDS of Nigerians directly , and probably millions of Nigerians, if you count the associating supply businesses and service businesses e.g raw materials, logistics, farmers, advertiser's, security, etc.


You might need to calm down, and learn from the experienced ones

show us stats....!!

simple....
am not somebody that believes what people say....

caye:
You need to ask those who know the company well.
They hire thousands directly.
Don't worry, it's not hearsay, I know.

hahahaha....

gatemen....??

office cleaners....??

you know but you dont present stats....
i can google it....

Fearyourcreator:
This nairaland alone to draft a stats that Nigeria carry many idiotic youths... Bandwagon mentality... They see the few others who don't think in their direction like you don't want good for this nation ... Person abuse on top innoson matter yesterday ... I was like how many of you igbos are using his vehicle sef .. I said the man should spend on marketing more .. and bring his factory even if it's assembling plant to ogun Lagos porthacourt to get more customers when I saw he only spreads in the east and serielone ... I was like Wetin be this well na his business Sha... Other Nigeria matter , the government does not want people to import again .... Just like oraimo accessories, why can we have factories that does all this things here .. people just want it soft ... But this people making this things in their own countries too go through the stress to do them but why we are like this in this country I don't just know... Many things are not the government fault but the mentality of the masses . It's really tiring

innoson dey think....??

in a country like nigeria,you are aimin to build big cars....how many people have such money....??

they should be buildin low budget cars and not trying to make hugh profits quick.

like you said,they dont even understand adverstisment either....
how many of us have seen innoson adverstisment before....??

you will see igbos hypin them,but them themselves import second hands from abroad....

owagbeba:
Well..that tells you power is might. After WW2, the Americans replaced the existing gold mechanism with Brenton wood systems. Just the way their forebears Brits and French divided up the rest of the world into their colonies and milked the resources.

And you still want to know why? They can easily drive their floating war machine to your backyard and ask you to give up your resources at gun point . Ask Iraq and Syria about this; they will tell you better.

bwahaha....

am laughin soo hard am crying right now....

owagbeba:
Have you had a chance to run or manage a business with physical structures in this country? Have you had the opportunity to move cargo around Lagos?

I think then you’d understand the meaning indirect and direct taxation.

Bottom line, it is not an easy place to do business.

am not doing import....soo i dont care....

nigerians dont even know how their own country functions....its very funny....

Police tax, FRSC, Customs, quarantine, community tax, local government tax

what the hell is quarantine tax....

wirinet:
False. Nigeria has about the highest taxation in the world for businesses. The hidden part is the unofficial and indirect taxation. To export a product from the interland to the ports. You first pay all sorts of unofficial taxes to all sorts of agencies on the road - Police, FRSC, Customs, quarantine, community tax, local government, etc, then the official ones begin at the ports itself, which in itself is not cheap. Importing nko? Same thing.
Running a normal business nko? You will be inundated with all sorts of agencies - both local and state, demanding one fee or the other. Ordinary mallams that push wheel barrow selling fruits pay agberos and local governments authorities between N500 - N1000 per day. I have not even started on Okada riders, Keke drivers and transporters in general.

....

i realy dont know what you are talkin about....
i dont have this issues....

Nigeria operates a self-assessment system where every taxpayer is expected to file annual personal income tax returns by disclosing all the income earned and derived within a tax year to the relevant State Internal Revenue Services (SIRSs) on or before 31 March of every year.

you pay mosquitos tax too....??

you guys are funny....
many of you dont even know where to get approval for buildings sef....

what will make you strangle your wife to death....??

if you get that angry at her,just leave and cool off....

haba....

wirinet:
What's your solution then? we cannot continue on this trajectory without the whole thing crashing down on us.


You have to care. Even if you are a japarian, your roots remain here - family, clan and tribe. Even African Americans that was forcefully japaed 400 - 200 years ago are still searching for their roots.


This applies to every business. Every business goes into business with the aim of making money (in whatever currency)

I don't understand your point. Even local businesses are folding up due to governments unrational policies. For every foreign business that close shop, a thousand local ones are folding up.

I don't understand what you mean by subsidies? Was the government subsidizing foreign companies or even local ones?

you are right....democracy is realy scary....the way this civilian politicians throw money around is realy something else....

he choke me too....

owagbeba:
USD is the international instrument for exchange of goods and banking . Other countries don’t accept NGN.

Discourage import when local manufacturing is comatose? Insufficient power supply, lack of ease of manufacturing, quadruple taxation, how do you encourage manufacturing in this atmosphere?

You think excessive taxation is good? The result is high inflation.. items will be expensive at local markets.

P&G will now import their stuffs to reduce the losses of manufacturing in this environment.

what type of lie is that....??
nigeria has amongst the lowest taxation in the world....