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Nairaland Forum / Nairaland / General / Business / Why The Lebanise And Chinese Continue To Prosper In Nigeria (983 Views)
Economic Recession: Nigerian Banks Prosper While Nigerians Groan / FOREX: Nigerians Will Continue To Suffer, Pending Massive Refining – Kachikwu / Why The Lebanese And Co. Continue To Prosper In Nigeria While We, Nigerians Wail (2) (3) (4)
Why The Lebanise And Chinese Continue To Prosper In Nigeria by wisdompraise(m): 7:53pm On Jul 01, 2016 |
WHY THE LEBANESE
AND CHINESE CONTINUE
TO PROSPER IN NIGERIA
WHILE WE NIGERIANS
WAIL ON FACEBOOK
I got this from a friend on
a whatsapp thread and
thought it was so apt and
on point I just had to
repost it to other
Nigerians still shouting
about famine or forex or
economic downturn...
"Recently I was telling a
friend that Cool FM,
Wazobia FM, Nigeria Info,
Wazobia TV, Cool Link,
Chocolate Royal etc, is
owned by an individual.
The guy shouted that is
not true! When I further
told him that it was
owned by a Lebanese, the
guy almost punched my
fine face (make I show
myself small. LolZ).
Most Nigerians currently
feel like hanging Mr.
President. Particularly the
importers due to the dollar
rise. I've been feeling the
same way too until I had
an encounter with a
Chinese guy, and I've
tagged my feelings as
stupidity.
This Chinese guy has a
factory where he
manufactures furnitures
here in Nigeria. One of his
raw material is wood,
which he source from
Nigeria because Nigerian
wood is cheap and of the
best quality. But he has to
import other accessories.
But one of the amazing
thing is, since the rise of
the dollar the guy has
been importing accessories,
yet he has not increased
the price of his products.
So how come?
This guy put his wife in
charge of the factory,
while he spends most of
his time at Shagamu
buying timber and
exporting to China. The
money from the exported
timber that was suppose
to be transferred back to
him here in Nigeria, is
been used to buy the
furniture accessories he
uses for production. By so
doing he doesn't need to
buy dollar.
So he said, Emmanuel, I
don't have problem with
dollar rising to N500
against the naira...because
I don't need it for
anything.
He said his Indian friend
does the same thing with
ginger export. While the
only thing we Nigerian's do
is exporting our complain
on social media.
So the Indians and the
Chinese are busy coming
up with strategy that has
defiled the dollar challenge,
we Nigerians are shouting
dollar is high. "
Again it is all about taking
advantage of the situation
to move ahead stead of
just wailing on social
media.
Let's all start THINKING
AND DOING even as we
criticize govt policies we
don't like!
God Bless The Federal
Republic of Nigeria. 1 Like |
Re: Why The Lebanise And Chinese Continue To Prosper In Nigeria by onitaja(m): 8:33pm On Jul 01, 2016 |
And he is also making profit both ways. I mean the chinese guy. |
Re: Why The Lebanise And Chinese Continue To Prosper In Nigeria by blackprowler: 9:42pm On Jul 01, 2016 |
There are lots of things we can do amongst ourselves citizens to better our condition, but we have been conditioned to ask government to do everything for us. No wonder we're getting worse everyday |
Re: Why The Lebanise And Chinese Continue To Prosper In Nigeria by Cargoed: 11:11pm On Jul 01, 2016 |
Exactly they are succeeding because of ops like you. How can someone come to your country deforest it. Take away trees planted by your Great grand parents and you give them a good handshake. We need to wake up, why did he not go to his country to do this because there are real and enforced laws there. Just read about deforestation and the next time you see your heroes you arrest them. The minister of environment has just seen the light and banned all timber exports....but is it enforced. If your heroes where actually exporting made in Nigeria furniture I may try to understand you...but no I don't .... Deforestation is the sole cause of Sahara encroachment drying up of lakechad Heating up of inner cities. Low oxygen and more Co2 leading to shorter life spans....reducing of ecological conservation. Increase in erosion and mud slides the list goes on next time you see your heroes tap them on the back and say well done |
Re: Why The Lebanise And Chinese Continue To Prosper In Nigeria by Nobody: 8:34am On Jul 02, 2016 |
Obviously, your chinese friend has not told you the truth, coz timber export is on export prohibition list.if he is truly doing that as you claimed, then he is a smuggler. On the other hand, Nigerian are not asking dz inept government for much, the average Nigerians are very hard working people, frustrated by the government of the day. Let dz govt provides electricity for an average of 16 hours /day,make agriculture lucrative , genuine diversification of the economy, reduce dependency on oil wealth, Make political appointment less attractive, encourage small and medium scale enterprise, then you will see the ingenuity of the people. Life is not all about smuggling of scarce natural resources by the Indians and Lebanese. |
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