China vs Dubai: The battle for the Nigerian market
By Vera Samuel Anyagafu The importation of goods into Nigeria by traders who seem to be showing preference for variant lucrative business attractions that Dubai offers compared to what is obtainable in China has continued to generate comments by Nigerians. In this report, Nigerian businessmen and women, who bared their minds, believe that business in Dubai, the Persian Gulf city, is more favorable. Mrs. Kate Ibe (aka Madam K), who trades in Dubai gold ornaments, said, “ Doing business in Dubai is full of excitement because of its proximity and the lack of visa-restriction rules that comes with it. Unlike China, the business environment is very conducive and the infrastructure is reliable.” Kate further stated, “A large number of Nigerians come to Dubai on weekly basis to engage in buying and selling because of the access to visa and decent profit margins that they make on sale of purchased products back home in Nigeria, and this is not achievable with products from China”. Jonathan O...