missjekyll:


Everything you hear about China is what the communist government wants you to hear. Every single thing. I take chinese news with a heavy bag of salt and tomatoes.

The US government has failed in providing palliatives to its people. UK placed people on furlough. Under this furlough, the government pays you 80 per ent of your usual salary. there are still people going hungry and losing jobs but not as much as in the US. Trump is a humongous joke. Buhari is better and thats saying something

As you wish

Only waec

Grupo:


What's this your brother's qualification? This will be needed by someone that wants to proffer genuine solution.

If he has BSc. You people can go the express entry route.

You people can ask him why he likes Canada. Hope it's not because of the current hype about that country?

I have a family member like that sha. He would be 40 this year, not married, has refused to engage in every business suggested to him. He is only fixated on moving out of the country.

emmanuelewumi:



The unit price of the most expensive thing sold by Dangote is about N3000, but the revenue made is in hundreds of billions.

When MTN and Econet now Airtel came to Nigeria, the lowest card by MTN was N1500, while the lowest card by Airtel was N1000.

Glo came and disrupted everything, which made them to crash the lowest card to N100.

From the minimum card of N100, MTN made a total revenue of over N1 Trillion from both voice and data in 2019.

A lot of people are poor, any product that will satisfy the needs of the poor will definitely produce money.

Check out the volume of transactions that will take place in Nigeria, if some Chinese Investors come to Nigeria to build a minimum of 200,000 housing units at an average cost of less than N5 million. They have access to cheap finance, manpower and raw materials

he doesnt sell to the poor ..he sell to dealer that buy a minimum of 10 trucks (25m ) ..indomie is 50 naira but i can buy from dufil ...a dealer that order 50m worth is assigned good ....the man selling to the poor at 35 naira will not get rich .....sell to the rich

If u go to dangote and want to buy 1 bag they would not answer u ....they sell to rich people only ....25 trucks and above but the poor cement seller buy a bag and sell to his follow poor man in paint buckets

chigo4u:

Some homeless people in Lagos went on to buy duplexes in Lagos and other areas

yes na it not news ...ibo boys sleeping in shops 20 years ago now have multiple apartments okota .....ifyani uba was selling truck tyres in 2002

ahiboilandgas:
he doesnt sell to the poor ..he sell to dealer that buy a minimum of 10 trucks (25m ) ..indomie is 50 naira but i can buy from dufil ...a dealer that order 50m worth is assigned good ....the man selling to the poor at 35 naira will not get rich .....sell to the rich

Very true..

ahiboilandgas:
he doesnt sell to the poor ..he sell to dealer that buy a minimum of 10 trucks (25m ) ..indomie is 50 naira but i can buy from dufil ...a dealer that order 50m worth is assigned good ....the man selling to the poor at 35 naira will not get rich .....sell to the rich

He doesn't have to sell directly to the poor but the average users of his products like sugar, salt and cement are the average Nigerian. The products that will give money is what most people can afford and the product has a repeat purchase.

ahiboilandgas:
he doesnt sell to the poor ..he sell to dealer that buy a minimum of 10 trucks (25m ) ..indomie is 50 naira but i can buy from dufil ...a dealer that order 50m worth is assigned good ....the man selling to the poor at 35 naira will not get rich .....sell to the rich

You are mixing a lot of things up here and jumping between classes in your words.
Why compare a manufacturing plant with a poor retailer trying to feed.
Shopping marts around like SPAR,Market square,ebeano,Walmart,etc mostly sell to the poor and they sell indomie and other products at mostly retail for the same 35 naira you are talking about.
Are they poor?

chigo4u:

I wonder if it’s the same Nigeria where people struggle to feed that you are talking about. Being homeless does not necessarily mean living under bridges. Have you visited all the parks in Akwa Ibom at night? Uncompleted buildings etc. People are so detached.

Be sincere to yourself, ever think how they got the data. Have you ever taken part in any survey talk less of the homeless. Common census, me and you knows how they arrived at the population. AKS, (am using AKS because I stay there, grew up there) has the best parks in the country. Its a public place so no point hyping. We don't have people sleeping in parks. Like I tell people, following the $1 dollar a day, nobody is poor in AKS, even boys that says "show me love" some are staying in elite estates. Helper for bricklayer presently gets minimum of 2k a day. Mere selling poor water of 80naira for 10naira gives you a profit of 120naira per bag even you don't need the initial capital of 80naira to start. Any body can decide to be lazy and there is nothing the govt can do about any one that refuses to hustle even the bible said it. I repeat, we are not poor. Stated earlier that I built my first house when I was jobless in the same AKS when my mates working in Lagos and abj then don't know what owning a land is. I even preferred that joblessness(popularly called hustling) to certain white collar jobs.

chigo4u:

Very true..

sell to the Rich Toyota doesn't sell units but through rich dealers that can order 10000 units ..so rich selling to rich ...if u want full your car tank u dont go to the depot cos the depot doesn't sell to the poor ..only marketer that can pay 5m per transaction...in a filling station u cant buy 1/2 litre but a ppor fuel seller selling to his fellow poor user in bottles can sell 1/2 litre but he can get rich

Before your oga will receive money for that 25 trucks he sold,a good branch of market square must have made that turn over 5 times more.
1)believe it or not,your oga did not sell that truck cash,it is credit.
2)retailers in small quantity don't sell credit,they sell cash so they have a lot of cashflow that is always up for reinvestment.
Does your oga have this?
So to you,don't you see that a single branch of market square will literally rape your oga's truck supplying business in terms of cash flow and profit maximization over and over again?
Your oga will see his money on paper most times while market square is seeing their cash and profit daily and reinvesting daily.
So how do you compare this 2 businesses?

I just hope and pray the ones bashing this country doesn't eat their own words in the future, covid-19 hasn't taught you all any lessons.

You condemn as if you can see the future, what makes you think you are in your safe haven?


What if the countries you all run to, decides tomorow to deport every black person whether you are a citizen or not?
Godforbid? Remember What happened to Ghanians?

Impossible? Life haven't taught you any lesson?

Hello anything is possible in this life.

Always leave room for 5% error, even if your fact might seem accurate, that's what makes us human. As far as I know, there is still hope for Nigeria. Take it or leave it.

The summary of this whole argument shebi is , Nigeria is a failed nation Abii? Ok we don hear, failed but not dead nah. We go rise one day

The unit price of your product, the number of people who can afford your product and the frequency of the purchase of your products are very important.

The cheapest products sold by UAC Property Development Company is N50 millon, the cheapest unit of the product sold by MTN is N100, the cheapest unit price of the product sold by Dangote cement is about N3000=

The rich are the sole customers of UAC Property Development Company.

Both the very poor and rich are the customers of MTN

The average citizens and the rich are the customers of Dangote cement.

UAC Property Development has been struggling for profitability for about 5 years, while MTN and Dangote cement are making profits running into hundreds of billions of Naira.

ahiboilandgas:
sell to the Rich Toyota doesn't sell units but through rich dealers that can order 10000 units ..so rich selling to rich ...if u want full your car tank u dont go to the depot cos the depot doesn't sell to the poor ..only marketer that can pay 5m per transaction...in a filling station u cant buy 1/2 litre but a ppor fuel seller selling to his fellow poor user in bottles can sell 1/2 litre but he can get rich

I still don't understand this logic.
How can you say Toyota sell only to the rich but build cars for poor people?
Don't that tell you that their intent was to sell to the poor?
Or are you confusing a mere distribution mechanism for social strata?
Toyota have distributors for work distribution purposes,so as to get their products to the last consumer with the tiniest resource spent because if toyota have to build showrooms worldwide and have all that coverage on their own,it would be impossible.

Theconglomerate:
I still don't understand this logic.
How can you say Toyota sell only to the rich but build cars for poor people?
Don't that tell you that their intent was to sell to the poor?
Or are you confusing a mere distribution mechanism for social strata?
Toyota have distributors for work distribution purposes,so as to get their products to the last consumer with the tiniest resource spent because if toyota have to build showrooms worldwide and have all that coverage on their own,it would be impossible.

will u see a 1 unit purchase in Toyota japan sale record or Bleep dealership paid xxxx million dollars for xXxX units of car.....cars wort 20000 dollars are not for the poor

ahiboilandgas:
will u see a 1 unit purchase in Toyota japan sale record or Bleep dealership paid xxxx million dollars for xXxX units of car.....cars wort 20000 dollars are not for the poor

But Toyota is more profitable than the markers of premium luxury cars like Rolls Royce

emmanuelewumi:
The unit price of your product, the number of people who can afford your product and the frequency of the purchase of your products are very important.

The cheapest products sold by UAC Property Development Company is N50 millon, the cheapest unit of the product sold by MTN is N100, the cheapest unit price of the product sold by Dangote cement is about N3000=

The rich are the sole customers of UAC Property Development Company.

Both the very poor and rich are the customers of MTN

The average citizens and the rich are the customers of Dangote cement.

UAC Property Development has been struggling for profitability for about 5 years, while MTN and Dangote cement are making profits running into hundreds of billions of Naira.

the rich are the customers of mtn cos mtn sale via dealers who buy in millions of naira or banks ....if i buy a mtn card of 1500 is via bank (who is business partner to mtn)or dealers the customer the bank (bussiness partners) while the poor is the end user

ahiboilandgas:
will u see a 1 unit purchase in Toyota japan sale record or Bleep dealership paid xxxx million dollars for xXxX units of car.....cars wort 20000 dollars are not for the poor

You will see dealerships of course but why is toyota producing cars for poor people if their intent was to sell to the rich?
They are not selling to distributors because they are rich,no!
They know they have the means of getting their products to the last consumer on the planet,that's why.
Do not confuse a means of distribution with TARGET MARKET.

emmanuelewumi:



But Toyota is more profitable than the markers of premium luxury cars like Rolls Royce

i cant say cos rolls roy also make aircrafts engine ....which can buy 1000s of toyota units ...a roll roy engine is in million of dollars ....i need the p/L accounts to determine which is profitable ...

Religion is a multi billion dollars business in this part of the world, what the businessmen making mega bucks in this business sell to the people is HOPE.

Which is a commodity most people need, at least majority of the over 150 million poor and struggling Nigerians need.

A product that only the rich can afford to buy won't give as much money compared to what the average citizens can afford

Theconglomerate:
You will see dealerships of course but why is toyota producing cars for poor people if their intent was to sell to the rich?
They are not selling to distributors because they are rich,no!
They know they have the means of getting their products to the last consumer on the planet,that's why.
Do not confuse a means of distribution with TARGET MARKET.

u dont become a distributor by Calling your name ....in Pz Nigeria u must drop over 100m naira why u u think is so.....try an visit Nigeria breweries and tell them u want to be a distributor in one location whhere their non...and see requirement....50m minimum

emmanuelewumi:



But Toyota is more profitable than the markers of premium luxury cars like Rolls Royce

No let him first answer this.
His oga supplied 25 trucks at 25m each to a "rich man".
The total cost of this business is 625m
Now this can easily be likened to a market square branch in GRA port Harcourt and even a small one along ada George road,that is removing the cost of the building.
Now his oga will need like 1 year to get paid that money whereas market square of the same capital base is making daily cash sales and reinvesting their money throughout that same one year period.
Who will make more profit?His oga or market square?
Take note that market square sell to the poor and his oga to the rich?
When you want to make comparison,compare equals.
Don't compare dangote cement plant with some hustler trying to make daily bread on the street so you can buttress your point.

ahiboilandgas:
u dont become a distributor by Calling your name ....in Pz Nigeria u must drop over 100m naira why u u think is so.....try an visit Nigeria breweries and tell them u want to be a distributor in one location whhere their non...and see requirement....50m minimum

And you think I don't know this because?
When someone makes a product for the poor,does that not tell you his intent was to do business with the poor but can't do so because of accessibility constraints?
Do you think if pz and co has the resources to sell to their consumers(the poor) directly,they won't jump at the opportunity?

Theconglomerate:
And you think I don't know this because?

so the dealer is rich already...Nigeria breweries sell product to the rich .....

MTN dividend just landed, na so the founding CEO of defunct Diamond Bank will just have his own bank siren on his phone (not bank alert ) of about N4 billion just like that

Some people saw opportunities and made good use of the opportunities through the right investments in the right business and company, with the right people

ahiboilandgas:
so the dealer is rich already...Nigeria breweries sell product to the rich .....

And I ask you,if Nigeria breweries has the resources to sell their products directly to their consumers(the poor),do you think they will still need their distributors?
They are not doing it because they can't afford it,not for any other reason.
If they were rich enough to open shops,bars,clubs,lounge etc on their own,they will chase all their distributors immediately today,not tomorrow.

Theconglomerate:
No let him first answer this.
His oga supplied 25 trucks at 25m each to a "rich man".
The total cost of this business is 625m
Now this can easily be likened to a market square branch in GRA port Harcourt and even a small one along ada George road,that is removing the cost of the building.
Now his oga will need like 1 year to get paid that money whereas market square of the same capital base is making daily cash sales and reinvesting their money throughout that same one year period.
Who will make more profit?His oga or market square?
Take note that market square sell to the poor and his oga to the rich?
When you want to make comparison,compare equals.
Don't compare dangote cement plant with some hustler trying to make daily bread on the street so you can buttress your point.

my oga sells coding and batching industrial equipments but his clients are nestle ,pz, Dangote, NFm all production firm needs this equipment for that batching etc ..so if Nfm is adding a productioon line or doing a new plant they must procure this machines may like 30 units ...on this single transaction if successful he can make 30m cos the cleints is rich while it will take me 100 trucks of pms to make 30m while it take capital depot 2 marketers to buy 5m litres each to make 30m

Theconglomerate:
And I ask you,if Nigeria breweries has the resources to sell their products directly to their consumers(the poor),do you think they will still need their distributors?
They are not doing it because they can't afford it,not for any other reason.
If they were rich enough to open shops,bars,clubs,lounge etc on their own,they will chase all their distributors immediately today,not tomorrow.

they will close the factory....the poor can sustain the factory

emmanuelewumi:
MTN dividend just landed, na so the founding CEO of defunct Diamond Bank will just have his own bank siren on his phone (not bank alert ) of about N4 billion just like that

Some people saw opportunities and made good use of the opportunities through the right investments in the right business and company, with the right people

chai....

ahiboilandgas:
chai....

80 years old man

Papa Pascal Dozie.

He has worked hard and invested well

ahiboilandgas:
my oga sells coding and batching industrial equipments but his clients are nestle ,pz, Dangote, NFm all production firm needs this equipment for that batching etc ..so if Nfm is adding a productioon line or doing a new plant they must procure this machines may like 30 units ...on this single transaction if successful he can make 30m cos the cleints is rich while it will take me 100 trucks of pms to make 30m while it take capital depot 2 marketers to buy 5m litres each to make 30m

How many times will those companies buy the batching machines?
Did they come to this world to buy matching machines?
You make 30m today and jesus will have to come down before you see another one,is that what you call business?
In that same time frame,young shall grow buses are moving poor people in and out of lagos with luxurious bus up and down.
Who is making more money if we liken their capital bases?
This thing you are trying to argue is a business I know too well about,so I wonder why you keep arguing.
Supply today,stay idle for 2 years while those doing everyday business are raping you up and down when it comes to money.