When it comes to the biggest spenders in the world China comes first, then the middle east comes second(Arab money), and our beloved Nigeria ranks 3rd followed by the United States and Russia (what a appalling report for our Naija as the 3rd largest consumer nation in the world Na wa o!- at least China consuming nature is because they use it for production making them world largest producer nation)
Simisola flies to the UK from Lagos Nigeria six times a year to spend £9,000 at a time on Crunchy Nut and clothes. London Evening Standard reports, on the influx of Nigerians to the UK and their phenomenal Spending Power, that Nigerian exhibit in the UK. Every year, Simisola makes six trips to London from Nigeria. The 23-year-old spends about two weeks here and every day she goes shopping and spends over £9,000. (Maybe is could be one of the ministers or governors daughter…lips sealed)
More than £5 billion a year is spent on high-end goods in London by Nigerian (Okay o! And we will say poverty is high in najia) according to the London Luxury Quarter Report, and it predicts this will rise to £7.5 billion by 2020, with new shops including Burberry’s flagship fueling the trend. Luxury concierge services are also popular. “”SMH””on a second thought if as a country we export locally made goods to the tune of £5 billion a year, I don’t think our dependency on oil and gas will continue.
It’s bad enough that we are ranked one of the most corrupt nations on earth; we should develop our own local content and have the British spend £5 billion shopping in Alaba, Balogun, Ogebete or Wuse market. Instead of being one of the greatest consumer nation in the world, we can turn that around as one of the biggest producer nations on earth.
Nigerians need to be wise, wake up and smell the morning coffee. Guys watch this CNN video on Nigerians spend top dollars in the UK.
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