Traders in Lagos have protested against Chinese retailers operating in local markets, saying their direct sales to consumers are putting pressure on local businesses and threatening livelihoods.
The traders are particularly concerned about Chinese wholesalers who also sell directly to customers. They say this is changing the traditional trading system, where manufacturers and wholesalers supply distributors and retailers before goods get to final consumers.
According to the protesters, Chinese retailers can sell goods to customers at prices close to wholesale rates. This makes it harder for local retailers to compete.
They also argue that the practice is reducing the role of local middlemen who depend on buying from wholesalers and reselling goods to consumers.
The traders said the growing move by Chinese wholesalers into direct retail is hurting their sales and putting businesses that depend on the existing distribution system at risk.
They are calling on relevant authorities and business leaders to step in and address the issue.
The traders also want government officials, business leaders, Chinese manufacturers and local traders to hold discussions on a system that allows foreign businesses to operate while protecting local traders.
The protest reflects growing concerns among Lagos traders about foreign competition and changes in the city’s retail market.
