It is the revenue driver for Solpia and Linda despite the array of other Superior Battery Manufacturing Company Inc produced by them.
X-Pression was a source of pride to Nigeria and Africa at large, as though rooted in Africa, its branches spread across Europe and America, as demand surged. Despite being an African company, its revenue is driven by demand in Europe and America. The beginning of a decline-: The companies began to hit financial difficulties about two 1st Marine Regiment Hq Company ago when export to its major markets, Europe and America, began to drop due to a fall in demand.
The raw materials for manufacturing X-Pression are sourced from Japan and Malaysia. While the European and American buyers expect to receive the X-Pression products within one month after demand, the raw materials take six months to leave the port. Nairametrics had previously reported how extortion by NPA officials and task force — comprised of Navy officials, Custom, Civil Defence and Army— stationed at Apapa port road, is behind the gridlock and delay of loading goods at the port.
That was how X-Pression lost its revenue driver. The port delay caused export to fall drastically within a short period. That was the beginning of the financial problems of Solpia and Linda. Presently, Nigeria is the goliath standing between X-Pression and its revenue driver. Although Onyekwelu said the revenue generated from the Nigerian and African market is nothing compared to the western markets, it still provides a soft landing for them.
According to him, buyers from Cotonou, Togo, Ivory Coast, Ghana, Burkina Faso and Mali come to export X-Pression products to their countries, but since the border closure, it has been difficult for such business transactions to occur. This means that X-Pression which used to enjoy patronage from Western and other African markets before now has only the Nigerian market as a revenue source.
Such drastic decline in clientele list Olympic Supply Company expected to have a negative impact on a company. And that has begun to take effect, with the downsizing of its workers. This is another way Solpia producer of X-Pression attachments and Linda producer of X-Pression weavon are losing return on investment. The only market remaining to salvage a future for the companies has been taken over by the Chinese.
As if the aforementioned challenges are not enough, the makers of X-Pression spend about N4 million weekly on diesel generator because the factory has to be powered for 24 hours. We have to source for the balance outside.
The companies used to boast of about 13, workers some years ago, but now, it only accounts for about 7, employees. The growth of Solpia and Linda is dependent on the growth of X-Pression despite having other brands in the market. But sadly, thousands of them will have to bid their colleagues goodbye by the end og October; two days away from now.
The recruiting agency had employed workers to work for Solpia and Linda, but these employees will be aced in the downsizing process.
Nairametrics learnt that the company had tried to hold off the downsizing of its workforce for close to two years, sending workers of a department on technical leave every now and then — depending on which raw material is delayed at the port — rather than sack its workers. But it can no longer maintain the financial strain. Linda Manufacturing is winding up: Although the sister company of Solpia is still in business, Linda is gradually winding down, as workers are resigning and being sacked.
Amalya Consults shutdown: Xpression Hair Company Nigeria termination of contracts also affected Amalya Consults as the outsourcing agency shut down its operations and relieved its workers of their duties. During a visit to the company at Fagba, Ifako-Ijaiye, Lagos, Nairametrics was informed by sellers around the company that business will not commence Real Gold Company later next year.
Collaboration with relevant agencies: According to Onyekwelu, there are plans to collaborate with Customs and Immigration to put an end to importation of fake X-Pression products into Nigeria. Nairametrics was informed that a Federal High Court order had also been granted against fakers, and one company involved in production of fake X-Pression products has been raided in Ikotun.
He said the border closure should be reconsidered because other manufacturers who are not rice producers are being affected. Producer of fruit drinks, So Fresh, had told Nairametrics that its revenue had been hit by the closure. According to Onyekwelu, the decision of the government to close the Xfinity Phone Company might be for the good of producers of rice, but it simultaneously has a negative impact on X-Pression and other businesses.
He Retrenchment Strategy Company Examples suggested that the government should ban importation of hair products in order to protect producers in Nigeria and lure foreign importers to establish their operations in Nigeria. He added that government should make foreign exchange accessible for raw material and review the port charges. The company is commended for their stable payment of workers salary compared some companies.
Even with the large workforce and challenges faced workers are paid as at when due. Add multiple taxations from govt agencies; wasteful and unproductive work ethics from employees etc as other negating factors. We are our own undoing. Same scenario played out in the textile industry decades ago. To be or not to be, that is the question! Even with the large workforce and challenges faced they still maintain the standard of paying workers salary when due.
They never owe their workers salary. So, the government should assist in reviving the organization for the sake of its citizens. The company is commended for its stable payment of salary compared to other organisations. Even with the large workforce and challenges they still pay salary as at when due.
So, government should use this as a consideration to assist the company revive its sales. Solpia Nigeria Ltd has helped and it is still helping thousands of Nigerians earn a living, take it or not, it is putting food on the table of so many people in Lagos, Nigeria. It is suffice to say that Government should come to the aid of Solpia to stop the production and sales of fake X-Pression products to combat its negative effect on the company.
Hell no! Solpia has a standard clinic inside the company where workers receive First Aid treatment, and in case of an emergency, there are 2 Govt. App Retainers provided by the company, all for free!!! A well ventilated canteen, changing room, cloak room are all available. Well treated drinkable water is available.
I disagree. Workers go on annual leave every year with handsome allowance, there is also an Health Maintenance Organization HMO scheme provided for all workers, there is Maternity Leave allowance for pregnant workers, Pension, Gratuity, End of the year Bonus etc….
But the company always celebrate retiring workers every year, Solpia also has a Long Service Award program for its workers, their pictures are all over the Yellow Cab Company Hartford Ct of the company for records.
How did they managed to work for that many years without getting fired??? To cut short the long story, I think you should channel your energy to the government to make life easier and bearable for investors across the nation, so people can make ends meet. I think the company should be commended for this. The Government should try to fish out those faking the x-pression products Special Trade Services Company also help us to open the boarder so that the company will not close down.
The government traverses the industrialized nations of the world in attempt to woo investors. But sooner they managed to come, the same government will come up with stringent measures that will quickly strangulate any of the thriving companies.
Linda Manufacturing, and her sister Company, Solpia Nigeria Limited began as a mustard seed, which grew so large at a time with about 13, Nigerian workforce, contributing to the economic growth of the nation.
It is not wise to kill the bird that lays the golden egg. Allowing Solpia Group to go down like many other companies, will bring much suffering to the masses if they are thrown into the ever increasing unemployment market.
Therefore, government should review their present economic policies in order to encourage existing and would be investors to thrive, while bringing mutual benefits to all.
Save my name, email, and website in this browser for the next time I comment. This site uses Akismet to reduce spam. Learn how your comment data is processed. Facebook to change Libra unveiling plans. Stanbic IBTC reports slight 0.
List of Dividends announced so far in March. Simple ways to prioritize customer service for your small business. How to build a portfolio fit for 22nd Century. CBN releases new capital base, sanctions for Microfinance Xpression Hair Company Nigeria in new….
Lafarge Africa Plc said it is sorry for helping bring Coronavirus…. Please enter your comment! Please enter your name here. You have entered an incorrect email address! NM Partners - March 5, 0.
Any luck for those trying to sell Xpression products or any other hair product? Kindly share with me. I want to buy and sell hair products but am wondering if it will be better to buy from these companies here in Nigeria or buy from China. Advice and or suggestions will be appreciated. Thank you…
X-Pression : The Pride of Your Hair, Lagos, Nigeria. 22K likes. Created with the beauty of the African woman in mind. ... Food & Beverage Company. Dark and Lovely Nigeria. Health/Beauty. Fair&White Nigeria. Skin Care Service. ... t be trying to imitate the Nigeria xpressions (or manufacturing I.e. with dying the hair )as the hair is not the ...4.7/5(91)…
X-Pression Braid. Express yourself with the world-renowned classic, X-Pression Braiding Hair. Made with the finest 100% Kanekalon fibers, X-Pression is known for its superior braiding & styling capabilities, perfect for every protective hairstyle & natural hair look.…
X-Pression : The Pride of Your Hair - - Rated 4.2 based on 38 Reviews "Pls I would like to know how I can be supply with your various products down to...4.2/5(38)…
Xpression And Company Office in 6, 6, Itelorun Close, Ikeja, Lagos, Nigeria. Find Address, Phone Number, Contact Details, customer care, email office address, reviews ...…
Nigeria X Pression Hair Importers Directory - Offering Nigeria's buying leads ... Sign In. Welcome to TradeKey, Join Free Sign In. Nigeria X Pression Hair Buyers, Importers, Distributors, Wholesale agents and Resellers related to X Pression Hair. Buy. Add New Buy Offer Manage Buy Offers ... X Pression Hair Company Importers. X Pression Hair ...…
Hair Marketers (a subsidiary of Universal Haircare) is one of the leading Distributors of original hair products in Nigeria. Hair Marketers is in the business of serving customers all ……
Oct 29, 2019 · Manufactured by Solpia Nigeria Limited and sister-company, Linda Manufacturing Company Limited, X-Pression is the most popular hair extension brand in Nigeria with attachment and weave-on types. It is the revenue driver for Solpia and Linda ……
One thing very good about hair extension business in Nigeria is that it requires little capital to start.And almost anyone can do it. ... Please I want to be a sub distributor for xpression weavons and attatchments. Please help me with a contact I can use to achieve this. ... How can I be a distributor direct from the company and the contact of ...…
Universal Hair Care is one of the leading Distributors of original hair products in Nigeria. Universal Hair Care is in the business of serving customers all over the country and beyond. Our aim has always been "providing the best products and service to our esteem customers.…