Omo Coker

1.3K posts

Omo Coker

Omo Coker

@Bcokes3

Bringing you stories from business owners to learn and earn your MBA. Follow, share and engage.

England, United Kingdom Beigetreten Ocak 2017
1.7K Folgt627 Follower
Suella Braverman
Suella Braverman@SuellaBraverman·
Too many universities are selling immigration, not education. Last year, about 250,000 foreign students took up taxpayer-funded student loans to pay for their courses in the UK, worth £4bn. This is not fair. A @reformparty_uk government will make sure that the British taxpayer is not paying for foreign students. Let’s put British students first.
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If that means millions go...
Taxpayer funded loans are available to people with settled/pre-settled status. It's not required to be a citizen. Yes, the taxpayer is being completely rinsed by Romanians with settled status from the Brexit withdrawal agreement. The courses are fake and its all fraud. telegraph.co.uk/news/2026/03/1…
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Reuters
Reuters@Reuters·
Nigerian defense-tech startup Terra Industries unveiled its latest autonomous defense systems including interceptor drones, mine-detection vehicles and battlefield intelligence software reut.rs/4sYfyow
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Omo Coker
Omo Coker@Bcokes3·
Except Jaiz has changed sha. I was in a similar situation before and Jaiz didn't fund me. In 2020 Moove Africa aksed dealers to supply Toyota Corolla, I got an LPO out of them for cars worth around 100 Million Naira. It wasn't easy raising the capital so I approached them as an account holder but couldn't get funds had to improvise. Funny thing is just like the poser situation, an Igbo dealer was able to pull his off, I love thier business sense and how they support each other.
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A.Y.O
A.Y.O@YusufAsunmogejo·
Supplying Fine (sand) and Coarse (granite) was my first business as a young graduate in Lagos. I was interviewed by the Engineers at the US Consulate Construction in the Eko Atlantic. I passed. I was the first engineer to supply granite on that site. Unfortunately, the billionaire suppliers outran me, and I couldn’t keep up. I wouldn’t take interest loans from banks either. That’s how I left that industry. Maybe in the future, I might reconsider it.
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Sir J (J9)@SirJarus

We have a project in Ketu, Mainland and another one in Badore, Ajah, Island. Both are at a stage we need granites. Cost per truck of 30 tons of granites to site: - Ketu: N500k - Ajah: N675k Same quantity, 35% price difference. Furious when both got to my table for approval, I bypassed the procurement/project team and called the suppliers themselves. Finding 1. There are no rocks in Lagos (I knew) so the Ketu supplier sources from a quarry in Abeokuta while the Ajah supplier sources from quarries in Ijebu. Ijebu is closer to Ajah while Abeokuta is closer to Ketu. 2. More significantly, they incure more "road settlement costs" on Ijebu-Ajah route than Abeokuta-Ketu, large part of which is express road. 3. The Ijebu-Ajah supplier also complained of diesel cost, as Ajah-Ijebu road is prone to traffic (= higher fuel need) than Abeokuta-Ketu. When we asked whether the Abeokuta/Ketu supplier can just supply to Ajah, he said he also cannot deliver for less than N650k. Not much difference to change supplier for. Now, if we need 15 trucks of granites for a simple 5-terrace house in Ketu and Ajah, we will spend N7.5m on granites for Ketu project and N10.13m for Ajah project. Same construction, same city, different cost for same material quantity.

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Omo Coker
Omo Coker@Bcokes3·
@ronaldnzimora Same thing happened to my client in Onitsha Head Bridge Market. He was a big importer of textile for many years until recently. The Chinese manufacturers decided to open a shop inside the same market and started selling to his clients, his business didn't survive it.
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Ikenna Nzimora
Ikenna Nzimora@ronaldnzimora·
The first time some years ago, I saw a Chinese guy sitting in someone's shop, I was alarmed and asked him what the guy was doing there. He said the guy was an employee of his manufacturer in china and they sent him to study his business so they could better know how to help him. I told him how he could believe such jazz, and this guyw as there to learn his business, get access to his wholesale buyers, reach them, and undercut him. Well, a few months after, the guy was now managing the biggest warehouse in the market, selling to the wholesale buyers coming to the market, at a far cheaper price (they were the manufacturers) and oh they have terminated their relationship with the guy I was in his shop. Oh well! You people will learn.
Ibrahim Kazeem, MBA.@peng_writer

The Jim Ovie, Okoya, Dangote, Femi Otedola, Tony Elumelu and some unknown billionaires in Idumota, Gbagi, Sabo gari, and Aba e.t.c were accomplished because they learn to keep the trade secrets. Now SMEs owners are flying to China with cameras. You negotiated the prices in front of chinese to your end-users in the name of making contents while you are buying million of dollars of goods back to back. They knew your market is large, now these Chinese are now infiltrating your market by building warehouses, small factories, and recruiting Nigerians content creators to market to your retailers and end-users and you’re crying on TikTok, complaining about low sales, and declining bulk orders 😂 What used to be relationship-driven access, controlled information, protected margins is now searchable, visible, instantly accessible. Infact, visibility is becoming a tradable asset and it is reshaping distribution. The heartbreaking part? The government is not regulating the market for you people through strict investment policies, and you will still pay humongous taxes at the end of the year 😂😂😂 Una no dey produce 😂😂😂 eni leverage kankan ni global market except for oil . Una eyes go peel ! I feel sorry for us though…. ____ Rukayat Adeleke Osogbo

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Omo Coker
Omo Coker@Bcokes3·
Various factors are responsible when you compare both. Here are a few: Risk averse cultute. Its almost like a sin to be rich or dare to. People prefere 9-5 to Entrepreneurs. The system also prefers this. Its easier to access some things as a worker than an Entrepreneur Every sector is dominated by big corporations listed on SE or with massive capital. From retail to automotive, small businesses cannot compete effectively in these spaces. Disposable income is low. Whilst there is good access to capital and at a single digit interests rate, the sales price has to match disposable income. A good example of this is to check the valuation and ASK of the businesses that attend shark tank in USA and the ones that attend dragons den in the UK. The difference is clear. Several othet factors like these.
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Omo Coker
Omo Coker@Bcokes3·
@40PlusImmigrant Nice write up. It also takes a lot of mindset shift. As a man you will struggle with several emotions. Japa depression is real,.you will question your decision many times over and over again.
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I Japa at 40+ 🇳🇬 → 🇨🇦
I Japa at 40+ 🇳🇬 → 🇨🇦@40PlusImmigrant·
.....you don't understand team-play in marriage! 🤕You may end up activating clashes that thwart everything you’ve built. It is easier to become a success-force as a couple if you work as a team across finances, domestic matters, career, faith, and kids. If you are a man or woman who has never participated in those fronts, once you get abroad, negative issues will arise. For here, dem no dey do "na woman work be dis" or "na man responsibility be dis." Both of you gats show up! 😄 If you no dey wash plates, cook, or help with pikin dem homework before, your matter go long for here o, or else, see una see broken home! You must have a sincere structure; abroad will test your resilience and character, especially when you Japa in the middle-aged stage of your life.
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I Japa at 40+ 🇳🇬 → 🇨🇦
I Japa at 40+ 🇳🇬 → 🇨🇦@40PlusImmigrant·
Japa in your 40s isn’t just a flight; it’s a total system reset. If you’re not ready to wash plates and work as a tag-team with your spouse, the "abroad" dream might become a nightmare. 🇳🇬✈️🇨🇦 Moving abroad is more than "Japa Fever", it’s a long-term investment that requires a massive blueprint. Everyone won't Japa, for sure, but everyone is not you! However, before embarking on this journey in your 40s, let me remind you: your qualifications from home may not propel you from day one, or ever. You may start from ground zero. To stand out in hiring rooms as an immigrant, you must figure out the acceptable credentials, tickets, and licenses to even be noticed. Mind you, figuring this out can take months or even years. You must be equipped with resources so you don’t end up languishing in the "figuring-out-phase." While sorting that, be informed: if you didn't Japa with "long money" or come from wealth, like some of us who never smelt shi-shi in life ☺️, comfort will be scarce at the start. You may not afford daycare, meaning you and your spouse must take turns watching the kids and doing chores just so each of you can show up at those low-paying minimum wage jobs. Those jobs are where you’ll handle bills and save to upgrade the very certifications you need to escape them. Wahala for you if ........
I Japa at 40+ 🇳🇬 → 🇨🇦 tweet mediaI Japa at 40+ 🇳🇬 → 🇨🇦 tweet mediaI Japa at 40+ 🇳🇬 → 🇨🇦 tweet mediaI Japa at 40+ 🇳🇬 → 🇨🇦 tweet media
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Omo Coker
Omo Coker@Bcokes3·
He is right. I have shared my own experience here too. In 05/06 I was in my final year in Uni when Soludo asked for recapitalisation. Every bank was selling shares, I thought it was a good decision to buy and benefit in the future. So, I bought Access, ARM, Transcorp and one other that I cannot remember. 20 Years later and it is one of the worse investment decisions I made. At the same time, I had an opportunity to buy a land in Magboro after long bridge in Berger then, a plot was selling for 60,000 naira only, but i didn't..The same land in that location is around #50M today. Property>shares
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@𝗼𝗻𝗲𝗷𝗼𝗯𝗹𝗲𝘀𝘀𝗯𝗼𝘆
"I would mention banks, there's nothing they can do. I bought for 36 million Naira First Bank at 36 Naira per share, it fell to 12 Naira. I lost that. I went and borrowed 60 million Naira in 2005 or 2006 from Sterling Bank to buy Skye Bank shares, it fell from 14 Naira to 2.50 Naira; washed away. Sterling Bank showed up in our office with 4 policemen to come and collect their money. I had to look for that money within 2-3 months. The same Skye Bank who loaned me money when we were building a house, showed up in our church. Their risk manager came with about 10 staff to our service... I bought GTB for something like 18 Naira, GTB fell to 3.60 Naira..." - Matthew Ashimolowo
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Omo Coker
Omo Coker@Bcokes3·
@A_Feranmi And what am I supposed to think of? After this works of ART...
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Black Jaguar
Black Jaguar@A_Feranmi·
My problem is some people will experience this, for the first time, and think the experienced party wants to sleep with them.
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Anagazo
Anagazo@Anagazo·
@Bcokes3 @mr_hibeekay1 Bro single or double with mixers o. About £20 for double with mixer, better profit on one bottle alone.
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Omo Coker
Omo Coker@Bcokes3·
@LostFrisco Obafemi: "I came to USA on a scholarship and now I throw people around the ring at WWE"..... UK: Hold my beer 👇🏽
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Omo Coker
Omo Coker@Bcokes3·
@OneJoblessBoy I feer Old Age more than anything but it is inevitable....
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Omo Coker
Omo Coker@Bcokes3·
@dammiedammie35 If you say you are a private chef, then you have to go to your clients location to cook. SIMPLE If you cannot do this, then change your service offering and drop the private chef title.
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Oyindamola🙄
Oyindamola🙄@dammiedammie35·
See Wetin a man dey offer this lady for IG just to watch her cook in his house 😭🧎🏻‍♂️‍➡️
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Oversabi Nurse 👩‍⚕️🇬🇧
You know how you will give birth and then on the 8th day you will bring your male child for circumcision, it's not like that here ooo I was shocked when I was told they only do circumcision if it's medically indicated ( if the foreskin is becoming too tight on the pen*s or other conditions) So if you don't have any medical condition that warrant circumcision then it won't be done, people now go privately to do this and it costs a fortune. Some people did theirs in old age to loosen the foreskin
Bensings-Lobistars son🇬🇧@benarduzoka

I spoke about the everyday shocks of moving to the UK… But I imagine experiencing it as a nurse comes with a different kind of reality entirely. @AsidanyaMiracle I’d be interested to hear your perspective.

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