IWONI GENERAL INVESTMENT INTERNATIONAL

IWONI GENERAL INVESTMENT INTERNATIONAL

Transportation, Logistics, Supply Chain and Storage

Providing a seamless platform where wholesalers, retailers, and other traders can connect with manufacturers at no cost

About us

Iwoni General Investment Ltd committed to general distribution and supplies of general Agro-Products, FMCG, Consumables, General drinks, and logistic services

Website
igi.net
Industry
Transportation, Logistics, Supply Chain and Storage
Company size
2-10 employees
Type
Privately Held
Founded
2024

Updates

  • If you are a mid-level manager with an ambition to move to the next level, make efforts to see if there are opportunities where you can serve as a Board Observer even on a pro-bono. In other words, you can attend board meetings without a voting right. A Board Observer gets the same information as other directors, including board meeting minutes,  etc, but the individual is not a member of the board, implying that the person does not have a fiduciary duty to the company or its shareholders. You may know someone in the church, mosque, professional club, etc, and you know a CEO with a decent company, you can seek to be considered in his/her company.  You need to demonstrate the value you will deliver for this unpaid service! If someone can give you that opportunity, it will help you see things differently. When you attend Board Meetings, you will notice that most times, it is about finance. Largely, you will begin to understand how everything in a company is designed to converge into three main documents - balance sheet, income and cash flow statements. You need to understand how to read those documents to be an important member of that board.  Yes, except as an expert Board Observer (you are there as a subject matter expert, like tech expert, growth expert, etc), understanding how finance works is important. Chairman Tony Elumelu gave this village boy-teacher opportunities, and those shaped his ambitions. This photo was during a board meeting on the TEEP $100 Million fund. Weeks before, I was in similar meetings for the banking giant, UBA Group. Those reconfigured my understanding of highercareers, businesses and markets. Without those meetings, we will not have Tekedia Capital. Today, I mentor many young people as we invest $millions yearly in their companies. #ConnectHigher

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  • Company Overview: IWONI Distribution is a pioneering distribution company dedicated to revolutionizing the supply chain landscape. We specialize in connecting wholesalers, retailers, and other traders with manufacturers, offering a diverse range of goods and services at unparalleled prices. Our mission is to empower businesses of all sizes by providing access to high-quality products and services while minimizing costs. Services Offered: 1. Seamless Connectivity: IWONI serves as a comprehensive platform where traders can effortlessly connect with a vast network of reputable manufacturers. Through our user-friendly interface and robust networking capabilities, we facilitate efficient communication and transactions between parties. 2. Competitive Pricing: Leveraging our extensive industry knowledge and strategic partnerships, IWONI negotiates competitive rates with manufacturers to ensure that our clients benefit from the most cost-effective solutions. By minimizing overhead costs and optimizing procurement processes, we pass on significant savings to our customers. 3. Diverse Product Portfolio: From consumer electronics to industrial machinery, IWONI offers a diverse portfolio of products spanning multiple industries. Whether you're seeking mass-market consumer goods or specialized industrial equipment, our extensive catalog caters to a wide range of business needs and preferences. 4. Customized Solutions: At IWONI, we understand that every business is unique, with its own set of challenges and requirements. That's why we prioritize personalized service, working closely with our clients to tailor solutions that align with their specific objectives and budgetary constraints. Whether it's sourcing niche products or optimizing supply chain logistics, we're committed to delivering results that drive growth and success. Why Choose IWONI Distribution: - Unrivaled Affordability: We're committed to offering the most competitive prices on the market, helping businesses maximize their purchasing power and profitability. - Reliable Partnerships: With a network of trusted manufacturers and suppliers, IWONI ensures consistent quality and reliability in every transaction. - Efficiency and Convenience: Our streamlined procurement process and intuitive platform make sourcing products quick, easy, and hassle-free. - Exceptional Customer Service: From inquiry to delivery, our dedicated team provides ongoing support and guidance, ensuring a seamless experience for our clients. IWONI Distribution: Empowering Businesses, Driving Growth. #IWONI #Distribution #FMCG #Growth

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  • Continuing that conversation on why Nigeria’s monthly minimum wage was $2,419 in 1981 but now $37. I was still in secondary school when he was the president, but over time, I have studied what he did. I do conclude that Nigeria’s IBB (Babangida) was a good operator even though he scaled many bad things. I mean he built Abuja, 3rd Mainland Bridge, etc. Yet, he messed up with SAP (structural adjustment programme), and in a bid to recover, he liberated the banking & financial sector at scale, without connecting them to making things in Nigeria. Today, from GTBank to Zenith Bank, Access to modern UBA, and beyond, some of the leading banks in Nigeria were created within 1989 and 1993. Just like that, the financialization of Nigeria began, and the nation began to fade. The illusion has been that the late 1970s and early 1980s were great because we had the oil boom. Not really, as we still have an oil boom today. In the 1980s, we pumped about 400,000 bpd at about $36 per barrel. Today, we do close to 1.2 million bpd at close to $80 per barrel . Even if you adjust for population, Nigeria has more resources today than the late 1970s! [Under constant US dollar, we made $14.4m daily vs $96m today (6.7 factor). Population in 1981 was 75m for today’s 210m ( 2.3x). In other words, we have scaled oil revenue faster than population, meaning the boom of today is greater]. So, do not say the late 1970s and early 1980s were better because of oil. Simply, Nigeria’s problem is not that oil money has stopped; our problem is that post the 1980s SAP, our economy was reconfigured and people found out that you could invest N1,000 and wait for a 20% return without doing anything. With that financial engineering everywhere, everyone joined the club and starved the manufacturing (old, modern, hybrid and services) sector. Of course, with easy money, productivity dropped, corruption demons grew, and a nation began the descent https://lnkd.in/ecXSiGxY

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