Nigeria Recession Affects Second Hand Car dealers In Benin Republic

TubeMan — Tue, 27 Sep 2016 05:18:18 +0000

The economic recession in Nigeria is clearly not affecting only Nigerians but also people in other countries who have a market for Nigerians.

“The exchange rate is giving us a headache,” says one man

Battabox presenter Harrison Hamson visits one of the biggest car dealing parks in Benin Republic, where he spoke to car dealers on how the economic recession in Nigeria has affected their car sales and business in general.

“The strength of this business comes from Nigerians,” says one man

According to Mr Muhammed – a car dealer in Benin Republic, he said in 2014, they imported about 375,000, in 2015 250,000 cars while this year, they have only imported 60,000, he also mentioned that he hasn’t seen some of his customers in six months since the recession started in Nigeria.

“We’ve lost about 80% of our Nigerian customers,” says Mr Muhammed

Nigerians love their cars, and apparently, majority of the cars plying the roads in Nigeria were purchased from Benin Republic. But are Nigerians still buying cars in this recession?

Watch and enjoy!

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The post Nigeria Recession Affects Second Hand Car dealers In Benin Republic appeared first on NaijaTube.

Nigerians Flee To Benin Republic

TubeMan — Wed, 14 Sep 2016 14:49:34 +0000

The amount if Nigerians in diaspora have suddenly increased since the beginning of this economic recession that is affecting lots of businesses and individuals. Although some are struggling to survive it but others are already sinking and have fled the country.

“Imagine one bag of rice is N20,000,” yells one man

Harrison Hamson who lives in Benin Republic asks Nigerians around the city why they left Nigeria in search for a better life.

“Nigeria is very very worst,” laments one guy

But as Benin Rebublic is a french speaking country, Harrison asks some of them how they have been able to cope with the language barrier.

“Initially it was difficult but its better now,” one man replies

With this economic meltdown, do you think Nigerians should still stay in Nigeria?