Don't let false narratives fly.
The Ibos know what they are doing and are only trying to rally innocent Nigerians into their survival fight against the Chinese
These are the issues:
1. 95% of goods that come into Nigeria pass through Ibos either as shipping companies, middlemen or logistics firms.
a. They usually have 2 rates for importation (my brother rate and other Nigerians rate)
b. An encounter with them at any of these stages, they will charge ridiculous fees for importation just so they eat deep into your profit.
2. This way they still control the market even if you travel to import from China.
3. Despite having the logistics and importation industry at their disposal, you would expect that these guys will make things easier for us all but that's not the case.
a. These guys go to China, buy the lowest quality of any item and sell them at prices of Originals in Nigeria.
b. Items bought for 4k, they resell at 25k and turn around to blame Tinubu and the economy.
4. The Chinese they are crying about aren't here to destroy the Nigerian market.
a. The Chinese only want to sell wholesale at almost the same cost price Ibos are getting it in China
b. Ibos are well aware this will force a lot of people including importers they have been cheating on to lower their prices since they are completely off the supply chain.
5. Remember how President Tinubu forced the price of rice down by importing rice.
Same thing is expected with this move.
6. Inflation in Nigeria is entirely artificial and caused by the Ibos and I enjoin other well meaning Nigerians to join in supporting the Chinese to continue with their lawful business.
Please share this tweet to educated younger Nigerians.
I am Bayo sometimes Bilisi!