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Nairaland Forum / Nairaland / General / Business / Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market (71212 Views)
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Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Franktom247(m): 4:01pm On Nov 07, 2020 |
See better alternate source of income but as usual government will turn a blind eye |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Tunde835(m): 4:04pm On Nov 07, 2020 |
SoftP:Idiot |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by vikstandon(m): 4:05pm On Nov 07, 2020 |
I need contact to the sellers... I wan mode my engagement ring wit tam. |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by chipet67(m): 4:08pm On Nov 07, 2020 |
deboysben: |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Soknown: 4:10pm On Nov 07, 2020 |
ikorodureporta:I pray petroleum becomes useless and not marketable or just dry up soon enough, may be then we will all have sense. Mother nature spoiled brats. |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Xisnin(m): 4:11pm On Nov 07, 2020 |
Veryfoolishboy:Don't fall for lies. No northern counterpart sells resources to the government. That is not how government works. |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Soknown: 4:19pm On Nov 07, 2020 |
uuzba:Even to do a little processing so that we can sell in character, we couldn't. Selling everything off by raw bulk weight. Issues like this gets me on my short fuse. The commissioner of Finance will go cap in hand to Abuja every month to share the paltry fund coming from Petroleum when he could make more than that from what is in his backyard. 4 Likes 1 Share |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Soknown: 4:24pm On Nov 07, 2020 |
There is illegal mining everywhere in the world but nowhere is it done in open glare of the public like in Nigeria. Such impunity everywhere, no consequences. Government do not care, citizens do not care, who cares? Even CARE itself don't care. 1 Like |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Dangrace01: 4:37pm On Nov 07, 2020 |
persius555: This is business 1 Like |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by grandstar(m): 4:41pm On Nov 07, 2020 |
Leave these people alone. The people that will suffer most if they are sent home will be the diggers as prices will plummet as demand decreases. |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by persius555(m): 5:05pm On Nov 07, 2020 |
grandstar: The gemstone business is one that an educated dealer could easily avoid the numerous pitfalls that comes as a result of low demand. With the internet, gem commodity markets could be easily accessed unlike back in the days. The global market is dominated by only a few middlemen, mostly from Europe, middle East and Asia. The end users are the fashion industry in the western world. These guys know nothing about the gem industry. So long as these fashion industries continue to grow the gemstone industry will continue to grow. The countries that make the most of the profits don't even have the deposits in their backyard. They depend on all these ECOWAS mules to get cheap and affordable gemstone to sell to their market. If Nigeria wants to attract the global gem industry it can with very, very minimal effort and above all sincerity and commitment. I remember as an undergraduate, I use to attend a monthly meeting of mining industry expert back in Lagos Island. There wasn't much commitment. Just press talks and no actions. The government of OBJ was the last to show genuine commitment to the industry. All other government only paid lip service. Professor Oby Ezekwesili's two years as minister of mines was the best the industry ever had. Since then, nothing concrete. Just hot air and no action. 1 Like |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by harmony75: 5:12pm On Nov 07, 2020 |
the state government should make that place presentable Naw Mtcheww |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Kay25(m): 5:13pm On Nov 07, 2020 |
seriously I never knew a place like dis exist in ibadan good one |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by afrikanns: 5:44pm On Nov 07, 2020 |
SoftP: When I was reading through this,I taught it was coming from somebody that is even coming from a better state, Edo (Benin) for that matter, a state full of dilapidated structure with ugly beast and porn stars full everywhere. The only state where women are known to be cheaper than sachet water, state full of prostitute. Guys,reason with your brain next you are to talk not with your stinking rotten anus. 1 Like 1 Share |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Ofemmanu1: 5:46pm On Nov 07, 2020 |
NOwazobia:There is stealing, slavery, corruption and gross misconduct everywhere. I made that remark cos Igbos sees ibadan as a bad place, with large deposit is these gems, Ibadan is better than the potorpotor gully shitthole. If billions could come out of Ibadan via precious stones then it will get better when Oodua Nation is actuallsed. |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by persius555(m): 5:46pm On Nov 07, 2020 |
Kay25: It use to be a foreign exchange market in the 90s. The gold traders from the north dominated the area before the foreign gem dealers moved in later. The bulk of the gem deposits is in the middle belt but ojoo gem market seems more attractive due to its proximity to the Lagos International Airport. Most buyers who come from Karachi, Lahore, Sri Lanka are international business men who can't take the pain of travelling down to the middle belt for their purchase. They find Ojoo, Ibadan much more attractive. 2 Likes |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Kay25(m): 5:47pm On Nov 07, 2020 |
persius555:wao do they get the stones from ibadan ? |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by persius555(m): 5:56pm On Nov 07, 2020 |
Kay25: Oke Ogun accounts for highest number in gemstone from oyo state. Time to time, there are discoveries in as far as Kwara state, Saki in oyo too. Quite a lot of LGAs in the south west have them in abundance but the ecological damages that come with the artisanal mining can be devastating. Farmlands could be rendered useless for decades. Whenever there are new discoveries, miners move from as far as the north to these new sites. The fallout is constant clash with the locals whose land are being laid to waste. If government could properly regulate the activities of miners and make it profitable to everyone, investors will invest heavily. 4 Likes |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by NOwazobia: 6:10pm On Nov 07, 2020 |
Ofemmanu1:Ok then. Shalom! |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Btruth: 6:31pm On Nov 07, 2020 |
Agbegbaorogboye: 1 Like |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by SoftP(m): 6:31pm On Nov 07, 2020 |
afrikanns:
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Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by SoftP(m): 6:32pm On Nov 07, 2020 |
Tunde835:
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Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by SoftP(m): 6:33pm On Nov 07, 2020 |
OsuIgboIpob:
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Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Emoney08: 6:35pm On Nov 07, 2020 |
Oh |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by peacealways: 6:57pm On Nov 07, 2020 |
oh |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by toprealman: 7:04pm On Nov 07, 2020 |
Agbegbaorogboye: Part 3 Where it is it? 1 Like |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Tunde835(m): 7:36pm On Nov 07, 2020 |
[quote author=SoftP post=95792887][/quote]Stupid Troll Looking For Attention Online |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Tunde835(m): 7:40pm On Nov 07, 2020 |
Franktom247:Blind eye still better, our own go turn lifeless eye |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Kay25(m): 8:04pm On Nov 07, 2020 |
persius555:you are right |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Elxandre(m): 8:11pm On Nov 07, 2020 |
splmosixx:They're being exploited actually. I mean they buy $5 and sell for $2500 Insane. Wish I knew how it worked. Lol 1 Like |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Elxandre(m): 8:24pm On Nov 07, 2020 |
persius555:I read in the article that a gram worth $5 could be worth $500 in actual value. Please any insight? |
Re: Inside Ibadan Precious Stone Market: Strabag Precious Stone International Market by Burchester: 10:25pm On Nov 07, 2020 |
Wow |
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