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1Alex's Posts

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RomanceRe: As A Guy, If You Are Thinking About Marriage With No Money, U Are Foolish by 1Alex: 9:41pm On Oct 19, 2024
MrCork:
son.. if yor commmon sense is commmon....u will no that Love is blind & love will always be blind...goat!!!!!((no ofeincse)) angry
don't worry, go marry without money, you go know how far
CelebritiesRe: "Am I The Only Celebrity In Nigeria?" - Bobrisky Blasts Nigerians by 1Alex: 8:31am On Oct 17, 2024
Ijiot boy
SportsRe: CAF Sanctions Libya Football Federation by 1Alex: 6:52am On Oct 17, 2024
SportsRe: CAF Sanctions Libya Football Federation by 1Alex: 11:39pm On Oct 16, 2024
AuthorMan:
I already saw the news on Facebook. I think its true.
I dont know if it's true or not. Any story without a source here on Nairaland is seen as fake. Meanwhile there are many stories here about this Libya issue different from this one. So which one do we believe?

https://www.nairaland.com/8241220/nigeria-libya-delisted-afcon-qualifier
SportsRe: CAF Sanctions Libya Football Federation by 1Alex: 11:22pm On Oct 16, 2024
Samunique:
Complete Oponu for that matter!!!

Haters of Nigeria!!!

He won't believe it bcs it's not against Nigeria.
why didn't the op put the source of this information?
PoliticsRe: Obi Wrong To Describe Supersport Killers As ‘Non State Actors’ - Diplomat by 1Alex: 7:06pm On Oct 15, 2024
Topshow2010:
They have started again with their hypocritical stance of justifying or excusing his fatal error but if it were to be someone else they would use sledgehammer to nail the criticism of such nasty comments.
go check all my posts in Nairaland to see if any elements of your accusations are there.
PoliticsRe: Obi Wrong To Describe Supersport Killers As ‘Non State Actors’ - Diplomat by 1Alex: 4:13pm On Oct 15, 2024
helinues:
Toh

Any events happening at his backyard, he must find a way of twisting the narration.

Foreigners are now calling out Peter Obi's hypocrisy, something we have been yarning for a while
are you sure you understood the whole thing?

At post, Obi used a term widely used and generally accepted in Nigeria.

Just like we widely use "Comity of nations" instead of "Community of nations" not knowing when to use the other.

Another example is a Nigerian who goes to the UK and says he is sick and wants to buy "drugs" instead of "meditation"
TravelRe: Japa: 5 Legit Ways Broke Nigerians Can Leave the Country by 1Alex: 11:12pm On Oct 11, 2024
Op you said "broke people".

How can a broke person get abroad first before thinking of seeking asylum?
AutosRe: 2008 Highlander by 1Alex: 7:09am On Oct 10, 2024
Base trim
PoliticsRe: Trends in Poverty levels by geopolitical zones (1980-2004) by 1Alex: 7:05am On Oct 10, 2024
Atuero:
Awaka to Enugu, 4500?
By Uber abi which executive transport company?awaka to Enugu is 2k, you can get bus along unizik junction at 1500 fare.

Stop misleading people abeg,

Enugu to onitsha 106KM cost 3k
last Monday I paid 4.5k awka to enugu by sienna
PoliticsRe: Trends in Poverty levels by geopolitical zones (1980-2004) by 1Alex: 2:20am On Oct 10, 2024
kettykin:
I told people that igbos will thrive more when there is an economic crisis. Let me explain, when there is a crisis in the jungle, the lower animals run helter skelter in chaos while the king of the jungle poach in ambush.

In the Nigeria of today and in the world, only very few nations thrive during recession and war. Now that petrol price has hit roof tops , because of the small landmass of the igbo nation, inter state transportation will not be excessively expensive, unlike large landmass states, thereby giving igbos an edge .

The interstate transport companies are all going towards gas while ivm has an electric alternative to petrol cars
transportation in the south east is always more expensive than other regions. Onitsha to Agbor is 76km
While Awka to enugu is 81 km. Only difference of 5km.

But onitsha to Agbor is ₦2,000 while Awka to enugu is ₦4,500
PoliticsRe: Subsidy Removal: Practices Across The World by 1Alex(op): 9:54pm On Oct 09, 2024
Zaheertyler:
So what is your solution to the matter on Ground sir
Because if dollar goes up again our minimum wage reduces and fuel price increases
I no do economics for school but what is the solution to this mess in your opinion
increase minimum wage by 150% or bring back subsidy.
PoliticsRe: Subsidy Removal: Practices Across The World by 1Alex(op): 9:46pm On Oct 09, 2024
Zaheertyler:
So Nigeria and India wetin come be the difference?
minimum wage in India is 9 dollar per day, which is about 270 dollars a month. While Nigeria is 43 dollars per month
PoliticsRe: Subsidy Removal: Practices Across The World by 1Alex(op): 9:45pm On Oct 09, 2024
Zaheertyler:
So Nigeria and India wetin come be the difference?
minimum wage in India is 9 dollar per day. While Nigeria is 43 dollars per month
CrimeRe: Imo: Many Feared Dead As Nigerian Soldiers, Gunmen Engage In Gun Battle by 1Alex: 9:22pm On Oct 09, 2024
Ok
PoliticsRe: Subsidy Removal: Practices Across The World by 1Alex(op): 9:08pm On Oct 09, 2024
Then Nigeria?
After subsidy removal,

Fuel price = 0.8 dollars
Minimum wage = 43 dollars per month
PoliticsRe: Subsidy Removal: Practices Across The World by 1Alex(op): 9:06pm On Oct 09, 2024
Now minimum wage and price of petrol per litre

1. United States

Minimum Wage:

Federal Level: $7.25 per hour.

State Level: Many states have higher minimum wages, ranging up to $15.00 per hour (e.g., California, New York).


Price of Petrol: Approximately $1.00 - $1.20 per liter (prices vary significantly by state).


2. China

Minimum Wage:

Varies by region, ranging from approximately $205 to $350 per month.


Price of Petrol: Approximately $1.10 - $1.15 per liter.


3. Germany

Minimum Wage:

Approximately $12.80 per hour (€12.00/hr based on exchange rates).


Price of Petrol: Approximately $1.95 - $2.18 per liter (€1.80 - €2.00).


4. Japan

Minimum Wage:

Approximately $6.80 per hour (¥1,004/hr).


Price of Petrol: Approximately $1.10 - $1.20 per liter (¥165 - ¥175).


5. India

Minimum Wage:

Varies by state and sector, ranging from approximately $2.10 to $9.00 per day (₹176 to ₹750).


Price of Petrol: Approximately $1.15 - $1.32 per liter (₹96 - ₹110).


6. Canada

Minimum Wage:

Varies by province, ranging from approximately $11.00 to $12.00 USD per hour (CAD $15 to CAD $16.65).


Price of Petrol: Approximately $1.20 - $1.50 per liter (CAD $1.60 - $2.00).


7. Australia

Minimum Wage:

Approximately $14.80 USD per hour (AUD $23.23/hr).


Price of Petrol: Approximately $1.27 - $1.40 per liter (AUD $2.00 - $2.20).


8. Brazil

Minimum Wage:

Approximately $250 USD per month (BRL 1,320).


Price of Petrol: Approximately $1.00 - $1.30 per liter (BRL 5.00 - BRL 6.50).


9. United Kingdom

Minimum Wage:

Approximately $13.00 USD per hour (£10.42/hr for workers aged 23 and over).


Price of Petrol: Approximately $1.80 - $2.04 per liter (£1.50 - £1.70).


10. European Union (EU) Member States (Examples)

France:

Minimum Wage: Approximately $13.50 USD per hour (€11.52/hr).

Price of Petrol: Approximately $2.08 - $2.19 per liter (€1.90 - €2.00).


Spain:

Minimum Wage: Approximately $1,375 USD per month (€1,260/month).

Price of Petrol: Approximately $1.75 - $1.97 per liter (€1.60 - €1.80).


Italy:

Minimum Wage: No national minimum wage; varies by sector and collective agreements.

Price of Petrol: Approximately $2.08 - $2.19 per liter (€1.80 - €2.00).
PoliticsSubsidy Removal: Practices Across The World by 1Alex(op): 8:57pm On Oct 09, 2024
Chat gpt:

Government subsidies play a crucial role in shaping the economies and social structures of major countries around the world. These subsidies can support various sectors, including energy, agriculture, healthcare, transportation, and technology, among others. Below is an overview of some of the most significant subsidized items in selected major countries:


---

1. United States

Energy Sector

Fossil Fuels: Subsidies for oil, natural gas, and coal exploration and production.

Renewable Energy: Grants and tax incentives for solar, wind, and bioenergy projects.


Agriculture

Farm Subsidies: Financial support for crop insurance, price supports, and conservation programs.


Healthcare

Medicare and Medicaid: Funding for healthcare services for the elderly, disabled, and low-income populations.


Transportation

Infrastructure Funding: Investments in highways, bridges, and public transit systems.

Electric Vehicles (EVs): Tax credits and incentives for EV purchases and infrastructure development.


Technology and Research

R&grin Grants: Support for innovation in technology, defense, and scientific research.



2. China

Energy Sector

Renewable Energy: Significant investments in solar, wind, and hydroelectric power.

Electric Vehicles: Subsidies for EV manufacturers and consumers.


Manufacturing and Industry

Export Subsidies: Support for manufacturing industries to enhance global competitiveness.

High-Tech Industries: Funding for sectors like telecommunications, electronics, and robotics.


Agriculture

Farm Support: Subsidies for grain production, fertilizers, and agricultural machinery.


Technology and Innovation

R&grin Investments: Heavy funding for research in AI, biotechnology, and aerospace.



3. Germany

Energy Sector

Renewable Energy (Energiewende): Subsidies for wind, solar, and biomass energy projects.

Phasing Out Coal: Financial support for transitioning away from coal-based energy.


Automotive Industry

Electric Vehicles: Incentives for EV production and consumer purchases.

Research and Development: Funding for automotive innovation and sustainable technologies.


Agriculture

Common Agricultural Policy (CAP): Support for farmers, rural development, and sustainable practices.


Research and Education

University Funding: Subsidies for higher education institutions and research initiatives.



4. Japan

Technology and Innovation

R&grin Grants: Support for advancements in robotics, electronics, and automotive technologies.


Agriculture

Farm Subsidies: Financial assistance for rice production, subsidies for rural areas.


Energy Sector

Nuclear Energy: Support for maintaining and developing nuclear power infrastructure.

Renewables: Incentives for solar and wind energy projects post-Fukushima.


Healthcare

Universal Healthcare: Government funding to ensure comprehensive healthcare coverage for all citizens.



5. India

Agriculture

Subsidized Fertilizers: Financial support to lower the cost of fertilizers for farmers.

Minimum Support Prices (MSP): Guaranteed prices for certain crops to ensure farmers' income.


Energy Sector

Renewable Energy: Investments in solar and wind energy projects under initiatives like Jawaharlal Nehru National Solar Mission.

Fossil Fuels: Subsidies for coal and petroleum products to ensure energy security.


Healthcare

Public Health Programs: Funding for initiatives like Ayushman Bharat, aiming to provide health insurance to the poor.


Transportation

Infrastructure Development: Investments in highways, railways, and urban public transit systems.


Manufacturing and Industry

Make in India: Subsidies and incentives to promote manufacturing and attract foreign investment.



6. Canada

Energy Sector

Oil and Gas: Subsidies for oil sands development and pipeline infrastructure.

Renewable Energy: Grants and tax credits for wind, solar, and hydroelectric projects.


Agriculture

Farm Income Stabilization: Financial support through programs like the Canadian Agricultural Partnership.


Healthcare

Public Healthcare Funding: Comprehensive funding for the national healthcare system.


Transportation

Infrastructure Funding: Investments in public transit, highways, and airport infrastructure.


Technology and Innovation

R&grin Tax Credits: Incentives for research in technology, biotechnology, and clean energy.



7. Australia

Energy Sector

Mining Subsidies: Support for coal, iron ore, and other mineral extraction industries.

Renewable Energy: Incentives for solar, wind, and bioenergy projects.


Agriculture

Farm Assistance: Subsidies for drought relief, crop insurance, and sustainable farming practices.


Healthcare

Medicare Funding: Comprehensive funding for the public healthcare system.


Education and Research

University Grants: Subsidies for higher education institutions and research initiatives.


Transportation

Infrastructure Projects: Investments in roads, railways, and public transit systems.



8. Brazil

Agriculture

Subsidized Inputs: Financial support for fertilizers, seeds, and machinery.

Export Incentives: Subsidies to promote agricultural exports.


Energy Sector

Hydroelectric Power: Investments in large-scale hydro projects.

Biofuels: Support for ethanol and biodiesel production.


Healthcare

Public Health Funding: Comprehensive support for the Unified Health System (SUS).


Transportation

Infrastructure Development: Investments in roads, ports, and public transit.


Manufacturing and Industry

Industrial Incentives: Subsidies for manufacturing sectors, especially in automotive and aerospace industries.



9. United Kingdom

Energy Sector

Fossil Fuels and Renewables: Subsidies for oil, gas, wind, solar, and nuclear energy projects.


Agriculture

Post-Brexit Subsidies: Support for farmers through the Basic Payment Scheme and Environmental Land Management schemes.


Healthcare

National Health Service (NHS): Extensive funding for public healthcare services.


Transportation

Public Transit and Infrastructure: Investments in railways, buses, and EV infrastructure.


Housing and Social Services

Affordable Housing Programs: Subsidies for building and maintaining affordable housing.


Technology and Research

R&grin Funding: Support for innovation in technology, healthcare, and environmental sectors.



10. European Union (EU) Member States

(While not a single country, EU member states often have similar subsidy structures influenced by EU-wide policies.)

Agriculture

Common Agricultural Policy (CAP): Subsidies for farmers, rural development, and environmental sustainability.


Energy Sector

Renewable Energy Incentives: Grants and tax incentives for solar, wind, and other renewable projects.


Transportation

Infrastructure Funding: Investments in trans-European transport networks, public transit, and sustainable mobility solutions.


Research and Innovation

Horizon Europe: Funding for research and innovation across various scientific and technological fields.


Healthcare

Public Health Funding: Subsidies for national healthcare systems, influenced by EU health policies.


Conclusion

Government subsidies are tailored to each country's unique economic structure, policy priorities, and social needs. While common themes such as support for energy, agriculture, healthcare, and transportation emerge across major nations, the specific focus and scale of subsidies can vary significantly. These subsidies aim to promote economic stability, encourage sustainable development, foster innovation, and ensure social welfare. For detailed and up-to-date information, referring to each country's official government publications and financial reports is recommended.
PoliticsRe: Details Emerge As Marketers Reveal Reason Behind Fresh Fuel Price Increase by 1Alex: 8:29pm On Oct 09, 2024
Ok
FoodRe: See #1,000 Naira Date Fruit (video/pictures) by 1Alex: 8:17pm On Oct 09, 2024
CodeTemplarr:
The picture this OP paints of Nigeria may make Nigeria look very different to someone looking at Nigeria from outside while trying to guage the situation of things. I hope it isnt a sponsored campaign.
for 1k? You think other country's 1k is as bastardised as Nigeria's 1k? Imagine buying this for 1k dollars or 1k euros or pounds. It's even de-marketing, not promoting it.
BusinessRe: Loan Shark Responds To Woman’s N2.5m Loan Instead Of N2500, To Pay N6.8m by 1Alex: 6:27pm On Oct 08, 2024
papyjaypaul:
Focus on answering my questions that are relevant to the thread.

1. Is Nigeria's score there on your AI research? Yes or No

2. What is the range of credit scores for Nigeria?

3. What is your credit score?


Just in case you have forgotten 👇🏿
Show me in this thread where all these things you listed are mentioned
RomanceRe: Lady's Response To Boyfriend Who Attempts To Breakup Through Text Message by 1Alex: 5:12am On Oct 08, 2024
Sucre6:
Straight up blackmailing 😂😂😂😂😂😂😂😂
I don't see it as blackmail but that the guy talks anyhow after smoking weed.
BusinessRe: Loan Shark Responds To Woman’s N2.5m Loan Instead Of N2500, To Pay N6.8m by 1Alex: 4:38am On Oct 08, 2024
papyjaypaul:
I know more about the topic that you probably imagine. There are private bureau in Nigeria. We have the Credit Bureau Association of Nigeria which is an incorporated not-for-profit and non-governmental business management organization formed to promote a credit reporting culture.

Tell me, since you mentioned a global thing, what is your credit scorehuh


Please don't forget my question, I am not interested in proving myself right or yourself wrong, we can have a healthy discussion and learn from each other.
Focus your arguments on it's relevance to this thread, not on who know pass. I think I have been able to establish that one's credit score affects the interest he pays on loans.

many countries use similar principles (such as assessing a person's creditworthiness based on their financial behavior), the specific models, scoring ranges, and credit bureaus can differ. Here are some key points on how credit score ratings differ across the globe:

1. United States

Credit Bureaus: Equifax, Experian, TransUnion.

Common Score Model: FICO Score and VantageScore.

Range: Typically 300 to 850 (FICO).

Criteria: Payment history, credit utilization, length of credit history, types of credit, and recent credit inquiries.


2. United Kingdom

Credit Bureaus: Equifax, Experian, TransUnion (formerly Callcredit).

Score Range: Ranges vary by bureau, e.g., Experian uses 0-999, Equifax 0-1000, and TransUnion 0-710.

Criteria: Similar to the U.S., including payment history, credit utilization, and public records like bankruptcy.


3. Canada

Credit Bureaus: Equifax, TransUnion.

Common Score Model: FICO Score.

Range: 300 to 900.

Criteria: Payment history, credit usage, length of credit history, and inquiries.


4. India

Credit Bureau: CIBIL (Credit Information Bureau of India Limited).

Range: 300 to 900.

Criteria: Repayment history, outstanding debt, credit type, and duration of credit history.


5. Australia

Credit Bureaus: Equifax, Experian, Illion.

Range: Equifax Score ranges from 0 to 1200, while Experian ranges from 0 to 1000.

Criteria: Payment history, credit accounts, defaults, credit applications.


6. Germany

Credit Bureau: SCHUFA (Schutzgemeinschaft für allgemeine Kreditsicherung).

Range: 0 to 100 (percent-based).

Criteria: Payment history, debt levels, and public records.


7. South Africa

Credit Bureaus: Experian, TransUnion, Compuscan.

Range: 0 to 999.

Criteria: Payment behavior, credit utilization, and debt levels.


Differences in Factors:

Credit Reporting: Different countries have varied laws on what data can be collected and reported to credit bureaus. Some countries have more detailed data on missed payments, while others may have stricter privacy regulations.

Scoring Models: Although FICO is widely used in the U.S. and Canada, many countries have developed their own scoring systems tailored to their specific economic and legal frameworks.

Lending Practices: In some countries, credit scoring may play a less significant role, with lenders relying on other factors like income or asset ownership.
BusinessRe: Loan Shark Responds To Woman’s N2.5m Loan Instead Of N2500, To Pay N6.8m by 1Alex: 11:52pm On Oct 07, 2024
papyjaypaul:
What you posted has a source which is unlikely and certainly not Nigerian.
credit rating is a global thing oga
BusinessRe: Loan Shark Responds To Woman’s N2.5m Loan Instead Of N2500, To Pay N6.8m by 1Alex: 11:38pm On Oct 07, 2024
papyjaypaul:
You are using ChatGpt scores. Ask ChatGpt to tell you what country those scores you posted apply to and come back to post the result.

If you have a credit score, you will be able to view it for free from your bank or credit rating agency.
What is your point exactly? Are you saying that credit score in Nigeria is different from what I posted?

Go to first central credit bureau and check your credit score then come back and tell us the difference.

BusinessRe: Loan Shark Responds To Woman’s N2.5m Loan Instead Of N2500, To Pay N6.8m by 1Alex:
Tombrown3:
What's the threshold for the determinant of the credit score?
someone who pays back his loan before the due day will always have good credit score, while someone who wait till the due date or after will have a poor credit score. That is one of the things your BVN is used for. Even a landlord may request your bvn to run a credit check on a potential tenant to see if the tenant pays back loans in time in order to see if he can rent his house to him

PoliticsRe: How I Became Minister As Serving Corps Member by 1Alex: 8:01pm On Oct 07, 2024
ledias:
When God remembers you, nothing can't stop you
BusinessRe: Loan Shark Responds To Woman’s N2.5m Loan Instead Of N2500, To Pay N6.8m by 1Alex: 7:48pm On Oct 07, 2024
One's credit score determines the interest on his loan. That's how it works worldwide.

You will see another person with good credit score get very low interest on the same loan amount.

If Mr A and Mr B want to take a loan of 500k each but Mr A. Has very low credit score and Mr B has good credit score. The interest on the 500k loan for Mr A will be far higher than that of Mr B.
Eg:

Mr A Loan amount =500k, interest = 400k

Mr B loan amount =500k, interest = 150k

AutosRe: Please Help Me Choose Between These Three Cars by 1Alex: 11:42am On Oct 05, 2024
Apart from the Cross tour and the MDX, others na thrash
SportsRe: Breach Of Contract: US Court Orders Mayweather To Pay Nigerian Firm N4.2b Damage by 1Alex: 8:24am On Oct 05, 2024
chudez0147:
That amount is like what he spends a night in our club in Ohio. Is nothing! cool
and why has he not paid it? By the way did you even read the report? Did you not read where it was stated that he overstates his net worth?
Our forensic investigators have also uncovered a substantial number of Mayweather’s valued assets, showing that he was very successful but clearly overstating his true net worth,” the statement added.
Car TalkRe: Nord Motors Launches Nord A3 And A9 by 1Alex: 5:59am On Oct 04, 2024
pafun:
Looks far better than the Innoson crap.
these are few of the "Innoson crap"

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