I'm a Nigerian resident in Nigeria and a sound businessman who always allows sound business judgement to dictate my actions. From my experience on this website just a little over 2 months. I discovered that the major swindlers on this site are from asia and they are in swarms. Making bogus claims and promising a lifetime bargain and asking you to transfer money to them.

Most of the so called Nigerian scammers are usually school dropouts between ages 12- 24 of average intelligence who post just anything on the web at unbelievable price. From Household items, plasma tv, watches even cell phones. I marvell endlessly at how people fall for such trap because A simple check will have revealed that doing business with such people is not worth while.

1. Nigeria doesn't manufacture most of the items posted by Nigerians on alibaba - that is one clue, most of them are imported into nigeria from Taiwan, Dubai, China etc. The only Company that manufacture cell phones in Nigeria is ZTE and they don't manufacture enough to export. If you want to import electronic items, then look at sources from which Nigeria imports them from. We are majorly a consumer nation not an industrial one per say.

2.Any Nigerian promising to sell Nigerian Oil, LPFO, aviation fuel, AGO, PMS etc from this site is a scammer. Allocations for Oil are usually snapped up immediately at NNPC because the demand is more than the supply. You cannot see anyone peddling Nigerian Oil on websites because the President himself has brought sanity into the industry.

FInally there are more honest people in Nigeria than dishonest people, if anyone makes you an offer that is too good to be true - shut down your emotions and greed quotient (GQ) and allow your sense of reason to direct you.

Except where a strong trust bond has been built i.e. several transaction completed succesfully, never send a dime through WESTERN UNION, if you do well - you've just flushed your money down the drain.

Insist that you will do business directly through the bank - where the volume of transaction is huge - request an advance payment guarantee (APG) which makes the bank liable if anything goes wrong. when you are sent the (APG) get the address of the bank (independent of the sender) from the Nigerian Central bank http://wwww.cenbank.org open up correspondence with the bank independent of your nigerian customer and ask them to send you a confirmation letter that the APG was issued by them. This keeps you in safe hands if anything goes wrong as the Nigerian Bank would have secured a collateral of the amount they are guaranteeing from the customer.

If you have been scammed by a nigerian get in touch with the Economic and Financial Crimes Commission (EFCC) www.efccnigeria.org they will help you with the recovery of your money. In most countries of the world when you're scammed your money is gone forever - but in Nigeria we are doing something about it and millions of dollars are being recovered and sent back to their owner annually. A sample success story is here:

If you want to do business in solid minerals, contact the ministry directly www.msmd.org

If you want to invest verify from the Nigerian Investment Promotion Council www.nipc-nigeria.org

If you have any problem or any company you want verified, you can get in touch with me, I'll try and verify for you.

Nigeria is not as bad as people think, remember one bad apple doesn't spoil the whole bunch

We have had many people contact us regarding business practices in Nigeria. Sadly, 99% of the sales leads are from fraudulent "companies".

Replying to [Honest Nigerian]: I follow one guide and that guide says : Stay Away from the country period!

Replying to [kayo]:
Pls, note that off all Nigerian companies, Encristo is one of the best, i was worked with them and now i have set up my own company here with them.. Am from Kent.. UK But becareful of the company you deal with in Nigeria!! Some of them are Bad

Replying to [Honest Nigerian]:

Please could you check this out if it is true.
HON.JAMES MORRIS/G.SECRETARY
FOR:FOUNDATION OF TRADE ORGAINSATION
225 BVD.DU 13 JANVIER
TEL: 0022 8 931 49 23
E -MAIL:ftotg@post.com
LOME-TOGO


I received an offer which is to good to be true

Replying to [Honest Nigerian]: I read your article with interest we are in the process of agreeing a purchase of crude palm oil and rapeseed oil in large quantities with a company NIG OIL Ltd of 654 Industrial Estate Road Yaba Lagos 23401 Tel 2348086024301 with Joshua Lawrence. We have asked for a Certificate of Incorporation and the certificate is in the name of Encristo Nigeria Ltd of 33 Yusuf Ayele Road, Yaba, Lagos Tel 234017756654 We would be extremely grateful if you could check them out for us.

Thank you

Replying to [James Christian ]:We have agreed a purchase of palm oil with NIG OIL LTD 654 industrial estate road yaba lagos and when asked for their cetificate of incorporation they have sent us one with encristo nigeria ltd 33 yusuf ayele road yaba lagos. Is this the same company that you have traded successfully with.

Thank you

Replying to [CHUCKY234]:Hi I read your article with interest we have buyers waiting for CPO rapeseed and soya oil. We have been offered very low rates from NIG Oil Ltd 654 industrial estate road yaba lagos 23401 Tel: 2348086024301 we asked for cert of incorp and the copy we received had encristo nigeria ltd 33 yusuf ayele road yaba lagos tel: 234017756654 we are very uncertain as to trade or not. If you can give us your prices for CPO $USMT CIF malaysia and rapeseed and soya oil $USMT CIF Cleveland USA we would be interested in trading with you.

Thank you

you can report anything you want after you've had problems, but the problem is that you will not find the scamers or your money, so be cautious. Nigeria is a very tricky country, do not want to generalize, but they are very slick in the scaming business

Replying to [Honest Nigerian]:


Hello I need your help to verify this buyer and they insist on only paying by certified check Your kind assistance will be appreciated


Ms Christiana Williams
Company: Franktechnology. INC
Address: 15 Western Avenue
Country: Nigeria
Phone: 234-01-9841219
Fax: 234-01-8963426

Replying to [AROMA-US]: For members of this forum wishing to verify the authenticity, addresses and other details of Nigerian companies, I suggest you contact the commercial section of your country's embassies, or you hire a local lawyer to do the checks for you. Alternatively you could visit www.ddcheck.com, they provide such checks on Nigerian companies.