Ruke1989:
Older & well established businesses have more supplier chain and distributor network. They can access raw materials at far cheaper prices because suppliers gives them better discount when they buy more raw materials and make regular bulk payment than the newer startups. In essence, Infinix, techno, Samsung has power to negotiate cheaper prices than imose because they have far more supplier network and buy more bulks of raw materials than imose. They even have the technical know-how to produce any parts themselves than imose who employ inexperienced local graduates

Two, electricity is very cheap in china than most countries of the world and that affects production cost. That's partly why Infinix, techno and Chinese products are generally cheaper than American products where electricity and raw materials are costlier

Three, china is supplier of raw materials to the electronic industry. If you produce phone in Nigeria, you will import the raw materials from china to Nigeria. We don't have chip companies in Nigeria, we don't produce IC in Nigeria. The cost of importation will be factored into your production cost. A company in china or US doesn't have to import everything because the chipsets are produced locally so the cost of production is lower than producing in Nigeria

Multiple taxation is killing businesses in Nigeria. That's not obtainable in other countries. For example, you heard telecom operators cry out over 5% excise duty tax. Their cry was sequel to the fact they already pay 38 different kind of taxes to 9ja govt. The masses chose bad politicians but end up blaming companies for high cost of things. It's myopic. We are angry at mtn high call rate or data rate. The fact is govt is the problem.

Govt laws don't favor businesses in Nigeria. Chinese govt intentionally provide free shipping service to companies to encourage export driven economy for example. Nothing like that here. Our govt is impulsive and they are in the habit of strangulating local companies regularly. Try set up a shop in your local hood, within a month, before you make your first sale, you will be visited by more than 6 govt agencies in your state for taxes and levies. After that you fuel your gen throughout the month and pay federal tax, personnel tax, etc. You will pass it on to the clients to stay afloat in business

Wow. This is quite informative.
Please try to make a topic of this content and make few additions if you wish. You can come up with any topic of your own.
You are very smart.
Please tag Lalasticlala when you're done to push it to the front page.
Many people need to read this.

Thanks.

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Amaranthy
Amaranth has many health benefits, as it is a high protein, gluten free grain that is a great addition to any diet.
Amaranth is a superfood, gluten-free, vegan grain (pesudo-cereal) that is popular across Mexico ("Amaranto", Peru ("Kiwicha" and India ("Ragjira".

At least is a good sign dat nigerian don dey produce something.......

Ruke1989:
Older & well established businesses have more supplier chain and distributor network. They can access raw materials at far cheaper prices because suppliers gives them better discount when they buy more raw materials and make regular bulk payment than the newer startups. In essence, Infinix, techno, Samsung has power to negotiate cheaper prices than imose because they have far more supplier network and buy more bulks of raw materials than imose. They even have the technical know-how to produce any parts themselves than imose who employ inexperienced local graduates

Two, electricity is very cheap in china than most countries of the world and that affects production cost. That's partly why Infinix, techno and Chinese products are generally cheaper than American products where electricity and raw materials are costlier

Three, china is supplier of raw materials to the electronic industry. If you produce phone in Nigeria, you will import the raw materials from china to Nigeria. We don't have chip companies in Nigeria, we don't produce IC in Nigeria. The cost of importation will be factored into your production cost. A company in china or US doesn't have to import everything because the chipsets are produced locally so the cost of production is lower than producing in Nigeria

Multiple taxation is killing businesses in Nigeria. That's not obtainable in other countries. For example, you heard telecom operators cry out over 5% excise duty tax. Their cry was sequel to the fact they already pay 38 different kind of taxes to 9ja govt. The masses chose bad politicians but end up blaming companies for high cost of things. It's myopic. We are angry at mtn high call rate or data rate. The fact is govt is the problem.

Govt laws don't favor businesses in Nigeria. Chinese govt intentionally provide free shipping service to companies to encourage export driven economy for example. Nothing like that here. Our govt is impulsive and they are in the habit of strangulating local companies regularly. Try set up a shop in your local hood, within a month, before you make your first sale, you will be visited by more than 6 govt agencies in your state for taxes and levies. After that you fuel your gen throughout the month and pay federal tax, personnel tax, etc. You will pass it on to the clients to stay afloat in business

Excellent analysis. Very thorough.

I would mark you 99% in an assignment.

I deducted a point for not underlining your name.

Nigeria no balance Nigeria no balance

saintopus:
Am sure most NLanders are not aware that Nigeria makes android phones. I didn't know it until today.
A neighbor has a new Imose Android phone her husband gifted her the previous day. The lady has been struggling to open a new Facebook account unsuccessfully so in a bit to assist her decided check the cost and the android version of the phone.

https://www./imose-gidi-2-smartphone-133334796.html
I was surprised to know that the phone has 16GB ROM, 2GB RAM, 6'' in size.
I now check the cost online on Jumia, I was surprised to see that the phone is N51,000. A phone whose originating country is Nigeria.
I continue checking other phones within the same price range. The following are some of them

1 SAMSUNG GALAXY A03 CORE

2. TECNO Pop 4 BDC1

3 NOKIA C10

4. ITEL À37

5. NOKIA C1

I purposely listed the above phones for a reason. Now who is in his right sense would bring out N51,000 to buy Imose Android phone that has its originating country as Nigeria with such poor quality and leave our the better quality foreign made android phones such as SAMSUNG, TECNO, ITEL, INFINIX, NOKIA etc
Some Nigeria will say its economic sabotage not to patronize your country made good's and services but will one compromise quality?
The same thing happened with rice before 2014 a bag of 50KG Rice was N8000.00 so government said we will stop the importation of rice to grow the economy and a bag of rice today is over N30000. Rice that was produced in Nigeria more expensive than the foreign made.

Nigeria, it's well.

Op in manufacturing, the more u produce d cheaper d price. So d price is expensive cos they manufacture less, compared to chinko.

LikeAking:

Op in manufacturing, the more u produce d cheaper d price. So d price is expensive cos they manufacture less, compared to chinko.

They should produce more phones if that's the case

saintopus:
Am sure most NLanders are not aware that Nigeria makes android phones. I didn't know it until today.
A neighbor has a new Imose Android phone her husband gifted her the previous day. The lady has been struggling to open a new Facebook account unsuccessfully so in a bit to assist her decided check the cost and the android version of the phone.

https://www./imose-gidi-2-smartphone-133334796.html
I was surprised to know that the phone has 16GB ROM, 2GB RAM, 6'' in size.
I now check the cost online on Jumia, I was surprised to see that the phone is N51,000. A phone whose originating country is Nigeria.
I continue checking other phones within the same price range. The following are some of them

1 SAMSUNG GALAXY A03 CORE

2. TECNO Pop 4 BDC1

3 NOKIA C10

4. ITEL À37

5. NOKIA C1

I purposely listed the above phones for a reason. Now who is in his right sense would bring out N51,000 to buy Imose Android phone that has its originating country as Nigeria with such poor quality and leave our the better quality foreign made android phones such as SAMSUNG, TECNO, ITEL, INFINIX, NOKIA etc
Some Nigeria will say its economic sabotage not to patronize your country made good's and services but will one compromise quality?
The same thing happened with rice before 2014 a bag of 50KG Rice was N8000.00 so government said we will stop the importation of rice to grow the economy and a bag of rice today is over N30000. Rice that was produced in Nigeria more expensive than the foreign made.

Nigeria, it's well.

the husband did not buy that fone. Either someone gave him as a gift or he stole it. Simple.

LOVEGINO:
the husband did not buy that fone. Either someone gave him as a gift or he stole it. Simple.

Imagine what you are saying. Not everyone is knowledgeable about phone like you. Some person might just walked to the phone shop and pick a phone pay and walk away,

princeade86:
I think home made should be more cheaper

cost of production is high.

saintopus:


They should produce more phones if that's the case

Fund?$?

Nigerian products are expensive. Nigeria is seating on a time bomb, if we don’t get our shit together we won’t have a country, this country is being destroyed before our eyes.

Nigeria has gotten so bad that African stores abroad are beginning to either reduce or stop selling Nigerian products, they now prefer to source it from other African countries except for those ones that can’t be sourced there.

U can’t believe that cost of food is more expensive in Nigeria than the uk, despite the fact that uk pay is 100times Nigeria pay, with all the hardship, cost of food, u still have to use the small wage u get that’s remaining to buy fuel, pay security dues in ur street, contribute to fix ur road plus police would stop u on the road and try to extort u, not to talk of efcc raiding ur house destroying your properties because they thought without any form of investigation that u are a yahoo boy.

An attorney general was sacked for exposing what cbn governor exposed too that made them dethrone him. This government is setting the next administration up for failure, they have diminished our reserves, they have borrowed from almost every country in the world so much that no country is giving us loan again, nigerua economy is so much in ruins that right now there’s an oil boom going on as a result of the Ukraine/Russia war but our economy has been destroyed so much that we can’t even feel it.

Education system failed
Economy failed
Security failed
Basic amenities failed
Currency failed
Even technology that people were depending on they are about to destroy that sector, police and efcc can arrest u or raid your house just because u are into tech, not to talk of the fact that FG keeps increasing tax on the sector everyday, in developed countries to improve innovation the government is trying its best to make data as cheap as possible, it’s as a result of this cheap data that makes these countries musicians and artists have huge views on music platforms, but ours no planning no nothing, just thief as much money as u can and leave whatever problem that it would cause to the next administration.


People are seeing all these things and with their senses instead of supporting the best to take us out of this situation they are trying to support candidates based on selfish interest when finally 90% of them won’t even benefit from the government

saintopus:


Imagine what you are saying. Not everyone is knowledgeable about phone like you. Some person might just walked to the phone shop and pick a phone pay and walk away,

u re right but he must be under unnecessary pressure. Imagine the wife opening fb acct for d first time. D husband need to stand well ( if u flexed 2go, u know hwfa)

Epurogonogono:

Wow, I never knew there was a Nigerian made phone .

The reason I think it's expensive with such low quality is probably because some (or all) parts used to make the phone might be imported, another reason might be because of the lack of quality electricity in Nigeria, with makes producers seek alternatives, with are also expensive.

There might be other factors, but these are the main factors I can think of right now.

Epurogonogono:

Wow, I never knew there was a Nigerian made phone .

The reason I think it's expensive with such low quality is probably because some (or all) parts used to make the phone might be imported, another reason might be because of the lack of quality electricity in Nigeria, with makes producers seek alternatives, with are also expensive.

There might be other factors, but these are the main factors I can think of right now.

LOVEGINO:
u re right but he must be under unnecessary pressure. Imagine the wife opening fb acct for d first time. D husband need to stand well ( if u flexed 2go, u know hwfa)

The truth is that the woman had a Facebook account before before her phone got bad and she could not access the previous account so she decided to create a new one.

Coldie:
Nigerian products are expensive. Nigeria is seating on a time bomb, if we don’t get our shit together we won’t have a country, this country is being destroyed before our eyes.

Nigeria has gotten so bad that African stores abroad are beginning to either reduce or stop selling Nigerian products, they now prefer to source it from other African countries except for those ones that can’t be sourced there.

U can’t believe that cost of food is more expensive in Nigeria than the uk, despite the fact that uk pay is 100times Nigeria pay, with all the hardship, cost of food, u still have to use the small wage u get that’s remaining to buy fuel, pay security dues in ur street, contribute to fix ur road plus police would stop u on the road and try to extort u, not to talk of efcc raiding ur house destroying your properties because they thought without any form of investigation that u are a yahoo boy.

An attorney general was sacked for exposing what cbn governor exposed too that made them dethrone him. This government is setting the next administration up for failure, they have diminished our reserves, they have borrowed from almost every country in the world so much that no country is giving us loan again, nigerua economy is so much in ruins that right now there’s an oil boom going on as a result of the Ukraine/Russia war but our economy has been destroyed so much that we can’t even feel it.

Education system failed
Economy failed
Security failed
Basic amenities failed
Currency failed
Even technology that people were depending on they are about to destroy that sector, police and efcc can arrest u or raid your house just because u are into tech, not to talk of the fact that FG keeps increasing tax on the sector everyday, in developed countries to improve innovation the government is trying its best to make data as cheap as possible, it’s as a result of this cheap data that makes these countries musicians and artists have huge views on music platforms, but ours no planning no nothing, just thief as much money as u can and leave whatever problem that it would cause to the next administration.


People are seeing all these things and with their senses instead of supporting the best to take us out of this situation they are trying to support candidates based on selfish interest when finally 90% of them won’t even benefit from the government

You raised very frightening points but as truth as it is we've got to try our best

LOVEGINO:
u re right but he must be under unnecessary pressure. Imagine the wife opening fb acct for d first time. D husband need to stand well ( if u flexed 2go, u know hwfa)

She was having an old Facebook account before now but couldn't remember the password

Lalasticlala, move forward to Front page

SmellyNyash:
Ask Buhari or Tilumbu

Why na?

Parachoko:
Even if they have the capacity to produce more, they won't produce more, if they do so, they will run at a loss because nobody will buy the phones.

If you are to choose between this phone and Samsung AO3 Core, which one will you choose?

And they are not doing enough in terms of marketing.

I've never use my eyes see the phone before.

What's the essence of producing more phones people won't buy? They will keep on producing few numbers of phones that will be very expensive.

So external funding should be the next option but I wouldn't be surprised if they've taken huge loans and they are servicing it with poor production level

LOVEGINO:
u re right but he must be under unnecessary pressure. Imagine the wife opening fb acct for d first time. D husband need to stand well ( if u flexed 2go, u know hwfa)

The wife is a young lady she may not have known 2go.

Them never born her that time

saintopus:
Am sure most NLanders are not aware that Nigeria makes android phones. I didn't know it until today.
A neighbor has a new Imose Android phone her husband gifted her the previous day. The lady has been struggling to open a new Facebook account unsuccessfully so in a bit to assist her decided check the cost and the android version of the phone.

https://www./imose-gidi-2-smartphone-133334796.html
I was surprised to know that the phone has 16GB ROM, 2GB RAM, 6'' in size.
I now check the cost online on Jumia, I was surprised to see that the phone is N51,000. A phone whose originating country is Nigeria.
I continue checking other phones within the same price range. The following are some of them

1 SAMSUNG GALAXY A03 CORE

2. TECNO Pop 4 BDC1

3 NOKIA C10

4. ITEL À37

5. NOKIA C1

I purposely listed the above phones for a reason. Now who is in his right sense would bring out N51,000 to buy Imose Android phone that has its originating country as Nigeria with such poor quality and leave our the better quality foreign made android phones such as SAMSUNG, TECNO, ITEL, INFINIX, NOKIA etc
Some Nigeria will say its economic sabotage not to patronize your country made good's and services but will one compromise quality?
The same thing happened with rice before 2014 a bag of 50KG Rice was N8000.00 so government said we will stop the importation of rice to grow the economy and a bag of rice today is over N30000. Rice that was produced in Nigeria more expensive than the foreign made.

Nigeria, it's well.

Fantastic piece