If you’re not a business man, you won’t understand the point our brothers in Trade fair market Lagos are faighting with the Chinese.
Now let me give instances, In 2018 and 2019, I once had a small shop at Zone z Aspamda where I sold Lubricants.
I sell to consumers but my small shop is not far from the distributor we buy oil from.
I struggle to sell with 50 naira or 30 naira. I cannot get a customer who will buy one carton from me because my price is a little higher so they go to the distributor and buy it at a wholesale price.
That was how my business crumbled, I closed it down and entered exportation before coming into Ladipo.
Some of you here are distributors of consumer goods. Like Nestle, indomie, Milk, Beverages, toothpaste and a lot.
Imagine your company waking up to come rent a warehouse in the market they gave you distributorship just to sell to the same customers you sell to at a cheaper price or the price they supply you. How will you make your sales?
How would you feel? The same Chinese the people in Aspamda buy from are the same that came down to Nigeria inside the market to open their warehouse to sell even cheaper.
People in Trade fair are only saying they should build factories far from the market to enable them sell too. And I think I understand their point.
By Nkiruka Angel
Dear Readers, Good and credible news reportage is tedious task and requires huge finances.
We are soliciting your Noble support for as low as N1,000 your support would go a long way in assisting us to continue to guarantee our readers quality news.
Bank transfers can be made to:
Account Name: Harvest and Commercial
Bank: Sterling Bank
Account Number: 0078627735