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Nairaland Forum / Nairaland / General / Politics / Factories Continue To Shut Down In SW While The East Open New Ones (picture) (5397 Views)
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Factories Continue To Shut Down In SW While The East Open New Ones (picture) by MXrep: 11:28am On Oct 19, 2023 |
4 Likes
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Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by Nobody: 11:34am On Oct 19, 2023 |
Hmmmmmmmmm.... |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by dokyOloye: 11:42am On Oct 19, 2023 |
The whole of the SE is now a massive construction yard. Suddenly,everyone in the motherland is marketing real estate/estate land. Congratulations to ronu people for helping us look inwards. By the time Abia state makes headway with the seaport,it shall be game over. 68 Likes 4 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by MXrep: 11:46am On Oct 19, 2023 |
dokyOloye:I don't know why they reopened Ladipo market. We no send them during closure. We were busy expanding Eastern markets and sending goods to SW. 48 Likes 3 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by Lifestone(m): 11:52am On Oct 19, 2023 |
dokyOloye:We thank God for this.Let South West breath. Don't forget to go also with the homeless and the criminal enterprises too 36 Likes 9 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by Johncables402: 11:55am On Oct 19, 2023 |
Good, let those scratched faced ageberos starve to death without Igbo industries. They will know who is the master of economics in Nigeria 32 Likes 3 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by Cooletempa: 11:57am On Oct 19, 2023 |
dokyOloye: Just speed things up and make your way back. Good riddance. 37 Likes 6 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by Depriest2020: 12:03pm On Oct 19, 2023 |
Because of the small small 100/50 factories that's why you're making noise. 9 Likes 3 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by Ashez: 12:04pm On Oct 19, 2023 |
The easterners can't go broke They are natural survivors. 30 Likes 1 Share |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by Pigstormentor: 12:19pm On Oct 19, 2023 |
1 Like 1 Share |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by MrEverest(m): 12:33pm On Oct 19, 2023 |
MXrep: The reason is not farfetched. Investors in the SW are mostly outsiders and foreigners, but now naira is crashing heavily and cost of production over the roof, it makes no sense for most foreign investors to continue pouring water inside basket. But in the East, local investors are in majority, so they don't really have need to repatriate funds that will become worthless after conversion. Other factors also make it easier for our local investors than foreign investors to survive in a rundown economy like ours. If Igbos should get more intentional, this is the time to completely take control. 31 Likes 6 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by Olachase(m): 12:46pm On Oct 19, 2023 |
MXrep:lol company shut down you open teeth day happy are you enemies of progress 26 Likes 5 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by Omoawoke2(m): 12:47pm On Oct 19, 2023 |
All I see is so much bitterness and envy. This is actually one of the reasons these igbos hate Yorubas. That southwest is doing better in all angles and economic power of the country brings them so much hatred and pains This is the height of inferiority complex What a shame 33 Likes 8 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by press9jatv: 1:08pm On Oct 19, 2023 |
Poor economy crisis in under Tinubu government makes them to lose out in business. Hmm 🤔 5 Likes 2 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by killsmith(f): 1:08pm On Oct 19, 2023 |
Johncables402:This your statement is not necessary. |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by Ttalk: 1:21pm On Oct 19, 2023 |
MrEverest: Typical IPOB mentality. Everything is about competition even when there is no need yet the domineering mentality has not yielded results. Tueh 36 Likes 4 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by MXrep: 1:29pm On Oct 19, 2023 |
Ttalk:I pity anybody that hate competition in this competitive world. The future will be interesting 17 Likes 3 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by Gainman: 1:31pm On Oct 19, 2023 |
MXrep:a lazy boy like u will always feel like this. Your parents are still feeding u I guess. Hope u saw d video of your brothers celebrating d re opening of d market. Those are hardworking igbo people. They know d value of what d govt did. As u no get business u are doing u will not be happy about it. 16 Likes 2 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by NimrodEndOfDays(m): 1:33pm On Oct 19, 2023 |
Ttalk:lazy man. You don't want competition? No wonder everything about Yoruba and Fulani is basically monopoly. Lol, you cannot survive in a competitive market 11 Likes 3 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by MXrep: 1:34pm On Oct 19, 2023 |
MrEverest:I went out to buy noodles today. They don't have indomie but have Bestie and Tummy Tummy. They said indomie has become unaffordable and people have switched to more affordable brands. Indomie is owned by Indians with factories in Ogun, pH and Kaduna. Tummy Tummy is in Nnewi owned by Nnewi man. Bestie noodle is in Nsukka owned by Nsukka man. Igbos will take over from the multinationals as bad economic squeeze them out 19 Likes 4 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by MXrep: 1:38pm On Oct 19, 2023 |
Gainman:Lol, why not level it with bulldozer? Go ask about New Parts market Nkpor and Ngbuka Obosi near Onitsha. They will take over supply to SW 10 Likes 2 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by MrEverest(m): 1:40pm On Oct 19, 2023 |
MXrep: I really pity these foreign investors. Imagine bringing in say $5 million dollars into Nigeria but after doing business for a while and it's time to repatriate the funds, exchange rate will reduce it to $2.5 million dollars. That's on top of buying diesel at 1000 per litre and battling other high cost of production. Such investor won't even recover his seed capital talk less of making profit. That's why they're all running away. 17 Likes 4 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by PrinceOfLagos: 1:43pm On Oct 19, 2023 |
All road leads to south east My Igbo friends and brothers, it's about time to move all industries to the south east 14 Likes 2 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by EmperorCaesar(m): 1:45pm On Oct 19, 2023 |
Cant wait to see cubana and co relocate their businesses to SE 2 Likes |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by Ttalk: 1:45pm On Oct 19, 2023 |
MrEverest: See container analysis. Is that how foreign investment works? 19 Likes 2 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by AdeolaOmoOba(m): 1:58pm On Oct 19, 2023 |
You mean meth factories continue to shut down in south west and relocates to their headquarters? 4 Likes |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by SpatialKing(m): 2:07pm On Oct 19, 2023 |
Depriest2020: Those smaller factories are what is sustaining China's🇨🇳 economy... Naira is failing today because Nigerian has nothing to trade with we have nothing to export to other countries... 10 Likes 3 Shares |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by Raf4: 2:30pm On Oct 19, 2023 |
dokyOloye: You have been saying this for decades, yet all your able bodies in your entire region keep boarding night lorries enroute Lagos. You said so when: ........FCT was moved from Lagos to Abuja .........Int'l Airport was opened in Abuja .........riverport was constructed in onitsha .........Enugu Airport became int'l ..........2nd Niger bridge was commissioned .........PYO commissioned a dedicated power plant for ariara market in aba etc. etc. 9 Likes |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by Obakoolex(m): 3:14pm On Oct 19, 2023 |
Omoawoke2:You have said it all...chronic hate for SW is in their blood even the unborn 4 Likes 1 Share |
Re: Factories Continue To Shut Down In SW While The East Open New Ones (picture) by Obakoolex(m): 3:18pm On Oct 19, 2023 |
PrinceOfLagos:Chinedu Dindinrin 2 Likes |
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