General
General Wholesale vs Liquidation Wholesale: Which One Is Better For Your Business?
Selling products wholesale is something that most people have been doing for a long time. Wholesale is now divided into two different types. We now have General wholesale and liquidation wholesale. These concepts are quite simple to understand but have a lot of depth to them. General wholesale is mostly about the unique goals and markets that you target.
For example, General wholesale is mostly done with products such as furniture, clothes, appliances, Hardware, home supplies, etc. These are products that most people buy in their day-to-day lives. On the other hand, liquidation wholesale is a lot more specific.
People buy liquidation wholesale pallets, if they want second-hand, overstock, customer returns, or closeout products. Sellers don’t usually buy these products directly from the producers. Therefore, these products are a little less costly. If you wish to know which type of wholesale is better for your business, keep reading the article:
- The target audience of general wholesale vs liquidation wholesale:
- General wholesale: The target audience of General wholesale is usually the general public. This means that products we see regularly in markets are from general wholesalers. For example, when we go to the supermarket to buy groceries, they are mostly from general wholesalers.
This is mainly because the grocery stores buy these works directly from the producers wholesale to sell them to the general public in the sale. Other than general supplies, many people also sell items that people buy occasionally if not regularly. For example, jewellery, clothes, home appliances, fitness gear, and many other items. Due to such a wide catalogue, the market of general wholesalers is very wide.
- Liquidation wholesalers: The target market of liquidation wholesalers is usually people who wish to buy high-quality products at a cheap price. Although liquidation products are cheaper, liquidation pallets can give you a lot of different types of products. Most liquidation stores offer second-hand products.
Since these products or not the original products which have come directly from the producer, the price is lesser. Since second-hand products have few damages to them, liquidation wholesalers cannot sell them at the original price. This appears as a great sale to most people who do not wish to spend a lot of money on the brand-new product but also want the same for purchase.
In addition, liquidation wholesalers also upload their products on online retail websites. Websites like eBay, Amazon and Flipkart in India sell a few liquidation products. In this way, liquidation wholesalers can expand the market and reach more people.
- Advantages:
- General wholesale: The first advantage of General wholesale is that most of your products will be of great quality. This is mainly because you buy them directly from the main producer. Therefore, all of your products will be new, fresh, relevant and ready for purchasing. In addition, General wholesale products are hardly ever damaged.
In this way, you will not have to face any problems with damage to the products. Since these products are something that most people need to buy, having a higher price on them will not stop people from buying them. Therefore, no matter the MRP, people will buy your products leading to more profit.
- Liquidation wholesalers: liquidation wholesalers have some amazing advantages. One of these is that you can negotiate the price of your products by yourself. Since you are going to be selling the products regardless of the MRP, you can set a price which you feel is the best.
You can always make some great profit from liquidation wholesale lots. Since your products are cheaper and of high quality, most people will buy your products in the first instance. This means that you will mostly acquire all of your customers and not lose any. Liquidation wholesale is also great as you can promote your products in various ways and grow your brand.
- Disadvantages:
- General wholesale: General wholesale has a few disadvantages. Most of these are based on the fact that you will have to charge a greater price than what the original producer gave to you for your product.
This is because, to keep some profit, you will have to increase the price. This may cause a problem for a few people as general supplies should not be as expensive. Even though your market will remain active, your customers may not be the happiest.
- Liquidation wholesale: liquidation wholesale doesn’t have many disadvantages regarding customer satisfaction. However, many people may find it difficult to carry out a liquidation business due to the damages to a few products. Sometimes, there are also many problems with the packaging of the products. This can lead to a lot of obstacles.
In conclusion, both General wholesale and liquidation wholesale have their pros and cons. Depending upon your needs and expectations, you should figure out which one fits you the best. If you are willing to put an effort and go the extra mile to find high-quality liquidated products, then liquidation wholesalers are for you.
However, if you wish to simply sell ready-made high-quality products, then you should go for general wholesale. We hope that this article could help you understand General wholesale and liquidation wholesale better and could help you choose the best one for your business.
General
Dangote Cement Ibese Commissions Cassava Processing Plant in Ogun
By Aduragbemi Omiyale
In order to aid alternative and sustainable means of livelihood amid rising food prices and growing concerns over food security in Nigeria, the Ibese Plant of Dangote Cement Plc has handed over a state-of-the-art garri and fufu processing plant to the Kajola host community in Ewekoro Local Government Area of Ogun State.
The facility is expected to support cassava farmers and processors by improving efficiency and expanding income-generating opportunities.
According to the organisation, the project, delivered under the Community Development Agreement (CDA) with its host communities signed in 2022, is a strategic intervention aimed at boosting agricultural value addition, reducing post-harvest losses and strengthening livelihoods for rural farmers and women.
The Ibese Plant Director, Mr Ayyagari Subbaraidu, at the commissioning, said, “This project is aimed at improving cassava processing, reducing losses and creating sustainable employment for women and farmers in the community.”
He disclosed that the facility features separate garri and fufu processing units equipped with modern machinery, including a five-tonne-per-day peeling machine, hydraulic presses, frying systems, fermentation basins, solar-powered boreholes and sanitation infrastructure, adding that it will serve as a catalyst for local economic growth by enhancing productivity and supporting small-scale agribusinesses across Kajola and neighbouring communities.
The Plant Director also urged the community and the Project Governance Committee to maintain transparency in the management of the facility to ensure long-term sustainability.
The Ogun State Commissioner for Agriculture and Food Security, Mr Bolu Owotomo, who was at the unveiling of the project, said it aligns with Governor Dapo Abiodun’s vision of making agriculture a key driver of economic growth through value addition and enterprise development.
The Commissioner disclosed that “over 166,000 farmers, including more than 90,000 cassava farmers, have been registered under the Ogun State Farmers Information Management System (OGFIMS) to benefit from government interventions.”
He urged the community to safeguard the facility and assured residents of the continued support of the state government towards agricultural development and food security.
“This processing plant will strengthen the cassava value chain, improve product quality, create jobs and enhance food security while boosting farmers’ incomes,” the Commissioner stated.
General
FG Backs US Sanctions on Three BDC Operators Linked to Terror Financing
By Adedapo Adesanya
The federal government has hailed the recent sanctioning of three Nigerian bureau de change (BDC) operators by the United States’ Office of Foreign Assets Control (OFAC) for alleged terrorism financing.
“The Nigeria Sanctions Committee welcomes the recent inclusion of Mukthar Muhammad Adamu, Nine to Nine BDC, and Generation BDC Limited by the United States Office of Foreign Assets Control (OFAC).
“These designations follow the inclusion of Adamu and his companies as part of a broader update to the Nigeria Sanctions List approved and published on 18th June 2026,” it disclosed in a statement.
It said that the naming of the three companies and six people followed extensive intelligence gathering, financial investigations, and inter-agency assessments, which established reasonable grounds to believe that the affected individuals and entities facilitated, financed, supported, or otherwise contributed to the activities of the Islamic State West Africa Province (ISWAP) and associated terrorist networks.
“The individuals and entities added to the Nigeria Sanctions List on 18th June 2026 are Ibrahim Yakubu Ogirima (NLISWi.19), Muktar Muhammad Adamu (NLISWi.20), Adamu Chiroma (NLISWi.21), Ibrahim Abubakar (NLISWi.22), Abdullahi Umar Usman (NLISWi.23), Babangida Muhammed Adamu Hammajam (NLISWi.24), Abbal Bako & Sons Bureau De Change Limited (NLISWe.25), Generation Currency BDC Limited (NLISWe.26), Nine to Nine BDC Limited (NLISWe.27),” the statement read in part.
The federal government reiterated its directive to all financial institutions and designated non-financial businesses and professions to continue to comply with all sanctions obligations, including asset-freezing requirements, the filing of suspicious transaction reports, and the reporting of all relevant matches to the appropriate authorities.
The sanctions committee commended the work of the Federal Ministry of Justice, Office of the National Security Adviser (ONSA), Central Bank of Nigeria (CBN), Department of State Services, Economic and Financial Crimes Commission, and the Nigerian Financial Intelligence Unit for their actions to ensure that terrorist groups are denied the resources that sustain their activities.
It stated that Nigeria remains resolute in its commitment to ensuring that terrorists and their financiers find no safe haven within the country’s financial system.
The committee also said that the Federal Government would continue to work closely with domestic stakeholders and international partners to protect national security, strengthen financial integrity, and contribute to global efforts to combat terrorism and its financing.
General
Lagos Seals Radio Station, Others for Noise Pollution
By Aduragbemi Omiyale
A radio station, Wise FM, has been sealed by officials of the Lagos State Environmental Protection Agency (LASEPA).
The premises of the broadcast media platform, located on Ogabi Street, Meiran, Ile-Iwe Bus Stop, were shut by the state government on Tuesday, June 23, 2026, alongside other establishments across different parts of Lagos State for alleged persistent violations of environmental regulations despite repeated warnings, abatement notices, and opportunities provided for compliance.
In a statement by LASEPA, it was disclosed that the enforcement exercise was carried out in response to various environmental infractions, including noise pollution, air pollution, obstruction of official duties, and failure to comply with its directives.
As regards Wise FM, it was said that it was sealed for noise and air pollution as well as non-compliance with the Agency’s directives.
Another organisation affected, Star-View Terrace, located in Amuwo Odofin, Lagos, was shut down for noise pollution and non-compliance with the agency’s directives, while Premiership Suites, located at Akin Osiyemi Street, Off Allen Avenue, Ikeja, was sealed for non-compliance with the agency’s directives.
Speaking on the enforcement operation, the General Manager of LASEPA, Mr Babatunde Ajayi, reiterated the organisation’s unwavering commitment to safeguarding public health and ensuring a cleaner, safer, and more sustainable environment across Lagos State.
He stressed that both individuals and corporate organisations have a responsibility to comply with environmental laws and regulations, stressing that environmental protection remains a collective duty that requires the cooperation of all stakeholders.
The LASEPA boss warned that the agency would continue to intensify enforcement actions against violators in order to curb environmental nuisances and protect residents from the harmful effects of pollution.
Mr Ajayi urged residents, business owners, and operators of commercial establishments to adopt environmentally responsible practices and cooperate with regulatory authorities in promoting a healthier, cleaner, and more livable Lagos.
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