These are just my opinions as a British Nigerian in the UK.

Why there may be less jobs for those in Diaspora, less Nigerian migration to UK and less money remittances home
The service sector dominates the UK economy, contributing around 78% of GDP; the financial services industry is particularly important and London is the world's largest financial centre. If companies want a European Base they normally put a London base as their first choice. Between 2004 and 2014, £581bn was invested into the UK by foreign businesses. More than half of this total came from outside the EU, with the UK’s access to the single market being a prime motivator.

However, leaving EU may mean having a UK based has no access to the single market and trading with Europe attracts more taxes making it more expensive so they may shift their offices like JPMorgan has intimated.

The automotive industry is also a major employer and exporter. They have public stated leaving EU would be bad for business, so you know that may lead to them moving to Germany and job losses in UK. The British economy is boosted by North Sea oil and gas production; its reserves were valued at an estimated £120 billion in 2011. All of Scotland voted remain so there may be a new Referendum with Scotland wishing to leave UK. This will reduce money coming to England. Most of England voted leave with only London voting to remain. Those areas that voted leave are areas that are quite honestly filled with a higher number of racist and/or Brits (who don't often have the education to back their arrogance but continually revert back to "the good old colonial days". The vote to leave campaign was largely based on people not wanting immigration. So now that the PM has stepped down. Another issue is who will be the next PM. Boris Johnson does not look stable. Michael Gove may be a better choice for conservatives but he needs sound economic policies. If after conservative party tenure finishes the Brits vote Nigel Farage, who alongside Boris spearheaded the Brexit immigrants of all races will suffer. As whatever he has said, fundamentally, he is a racist, supported by rascists. Including the BNP, a party who believe anyone not white (even if British), should be packed into ships and thrown out of UK.

How it could favour us
Right now things look bleak as the Gbp has already crashed in line with my statements above. But this could end up being a good thing under the right leadership with the right civilians also. It could in the long term be favourable. If people foster a manufacturing based economy and the pound remains low. It may mean more exports (especially outside EU) as our goods will become more affordable. This may mean more jobs for the right skills etc (engineers, computer scientists, scientists especially pharmaceutical). But it won't happen overnight.

The truth as I said is this all boils down to leadership. Brexit has happened. What Nigerians need to think of is now the next election. Who is best served to strengthen the economy? Who has our Nigerian interests at heart (diaspora and at home)? Don't just listen to campaign promises I urge you. These politicians all lie to get what they want. Who actually would given their acquaintances, background, success in their own work and actually having a written manifesto be best placed for the task cum opportunity ahead?

ell77:
These are just my opinions as a British Nigerian in the UK.

Why there may be less jobs for those in Diaspora, less Nigerian migration to UK and less money remittances home
The service sector dominates the UK economy, contributing around 78% of GDP; the financial services industry is particularly important and London is the world's largest financial centre. If companies want a European Base they normally put a London base as their first choice. Between 2004 and 2014, £581bn was invested into the UK by foreign businesses. More than half of this total came from outside the EU, with the UK’s access to the single market being a prime motivator.

However, leaving EU may mean having a UK based has no access to the single market and trading with Europe attracts more taxes making it more expensive so they may shift their offices like JPMorgan has intimated.

The automotive industry is also a major employer and exporter. They have public stated leaving EU would be bad for business, so you know that may lead to them moving to Germany and job losses in UK. The British economy is boosted by North Sea oil and gas production; its reserves were valued at an estimated £120 billion in 2011. All of Scotland voted remain so there may be a new Referendum with Scotland wishing to leave UK. This will reduce money coming to England. Most of England voted leave with only London voting to remain. Those areas that voted leave are areas that are quite honestly filled with a higher number of racist and/or Brits (who don't often have the education to back their arrogance but continually revert back to "the good old colonial days". The vote to leave campaign was largely based on people not wanting immigration. So now that the PM has stepped down. Another issue is who will be the next PM. Boris Johnson does not look stable. Michael Gove may be a better choice for conservatives but he needs sound economic policies. If after conservative party tenure finishes the Brits vote Nigel Farage, who alongside Boris spearheaded the Brexit immigrants of all races will suffer. As whatever he has said, fundamentally, he is a racist, supported by rascists. Including the BNP, a party who believe anyone not white (even if British), should be packed into ships and thrown out of UK.

How it could favour us
Right now things look bleak as the Gbp has already crashed in line with my statements above. But this could end up being a good thing under the right leadership with the right civilians also. It could in the long term be favourable. If people foster a manufacturing based economy and the pound remains low. It may mean more exports (especially outside EU) as our goods will become more affordable. This may mean more jobs for the right skills etc (engineers, computer scientists, scientists especially pharmaceutical). But it won't happen overnight.

The truth as I said is this all boils down to leadership. Brexit has happened. What Nigerians need to think of is now the next election. Who is best served to strengthen the economy? Who has our Nigerian interests at heart (diaspora and at home)? Don't just listen to campaign promises I urge you. These politicians all lie to get what they want. Who actually would given their acquaintances, background, success in their own work and actually having a written manifesto be best placed for the task cum opportunity ahead?

. Many thanks for the insight...authority.

The Telegraph
Theresa May might finally be about to make her leadership bid - Boris Johnson should be scared

Cathy Newman
21 JUNE 2016 • 11:07 AM
David Cameron has made many promises to the British people: that net migration would be cut to the tens of thousands, for example. And, more recently, that whatever the result of the referendum on Thursday, he's staying put in Downing Street.

You might have been sceptical about his immigration pledge, and it would probably be wise to be just as doubtful about his vow not to quit. So in three days' time, we may well be starting not only Brexit negotiations but a Conservative leadership election.


And even if it's a vote to stay in the EU, Mr Cameron's divided party may show him the door anyway. Much ink has been spilled on the likelihood of Boris Johnson entering Downing Street. If it is Brexit for Britain, his decision to back the 'Out' campaign will look like a courageous act of political leadership. And if we stay in the EU? He'll still be rewarded by the grassroots for his euroscepticism.

So what of his most likely opponent in any leadership contest? No, not George Osborne but Theresa May.

Mrs May is truly the quiet woman of British politics. And I don't mean that as an insult. There’s no shortage of loud-mouths soaking up the attention and hogging the airwaves during this rancorous EU referendum campaign. The Home Secretary, by contrast, has been reserved to the point of invisibility.

When she does enter the fray, you can't help but take notice. While the (mostly male) politicians tussle noisily over the benefits of staying or leaving the European Union, May has clearly been listening to mounting evidence of public disquiet about immigration. The Remainers wanted this poll to be about the economy, but the voters had other ideas.

So when the Home Secretary said last week she can “completely understand” concern about immigration and that the government should look at “further reform” of the rules in future, she’s doing herself a favour. And although she has repeatedly refused to comment on her leadership ambitions, it's now clear that she, rather than Osborne, might end up being Johnson’s main opponent. And this could be the week she finally makes her move.

The chancellor has made a series of blunders which have left him seriously damaged, both among his colleagues and the grassroots who will ultimately have the final say.

The brutal cuts to disability benefits – which prompted the resignation of Iain Duncan Smith – appalled Conservative MPs who might previously have been tempted to back Osborne. And many were dismayed by what they saw as crude blackmail last week when he threatened to impose tax rises and further spending cuts if Britain votes to leave the EU.

So while a Boris v George contest is still one possible scenario being played out in Westminster, it can no longer be counted on.

Other erstwhile challengers are also looking like a racing uncertainty. The business secretary Sajid Javid was once tipped for the top, but while his son-of-a-bus-driver-turned- city-whizz kid backstory has a definite appeal, his track record in office has been patchy. He hasn't covered himself in glory over the Tata steel debacle, and business leaders say privately they don't think his heart’s in the job.

Education Secretary Nicky Morgan, meanwhile, is certain to stand for the leadership, but troubles over academies and battles waged and lost with number 10 over issues like sex education have rather dented her authority.

Authority, though, is something May has in spades. The longest-serving Home Secretary for more than a century, she's managed - in a department known for destroying reputations - to enhance hers. This is something of a miracle, particularly when you consider the government has failed to meet one of its central manifesto pledges on her watch: the promise to reduce immigration to the tens of thousands.

But Mrs May has managed to dodge the bullets by keeping her head down. Where her rivals court publicity, she loathes it.

Of course, avoiding the limelight can have its drawbacks, reinforcing the sense many of her colleagues have that she's rather cold and aloof. The polar opposite, in fact, of the man I believe she's now intent on taking on. And that may end up working in her favour. Because where Boris is all bonhomie and exuberance, the biggest criticism of him is that he lacks gravitas.

Can you imagine Prime Minister Boris addressing the nation from the steps of number 10 after a terrorist attack? Me neither. Whereas a sober-suited, ashen-faced Mrs May would no doubt rise to the occasion.

So the two names put to the Conservative grassroots could offer a genuine choice between a man with the gift of the gab and buckets of charm and a woman with a steely determination and quiet power.

Then again, it might be none of the above. Several Tory MPs are keen to see fresh faces in the contest, like employment minister Priti Patel or work and pensions secretary Stephen Crabb for example – though neither have anywhere near May’s experience. Justice Secretary Michael Gove is felt to have had a good referendum campaign, though he swears he's not interested in the leadership.

One of the most intriguing contenders wouldn't be able to stand this time round because she's not an MP. Ruth Davidson, the party’s leader in Scotland, has got charisma on a par with Boris Johnson, a hinterland to put the old-Etonian former mayor in the shade, and an appeal beyond traditional supporters to rival his.

But, as things stand, Mrs May looks like the woman Boris has to defeat. Manoeuvres have already begun. Watch this space when polling stations close on Thursday night.
http://www.telegraph.co.uk/women/politics/theresa-may-might-finally-be-about-make-her-leadership-bid---bor/

AVECDEO:
. Many thanks for the insight...authority.

Thanks

Read How the Brexit will Affect Nigeria
http://nigeriantrends.com.ng/the-3-main-ways-how-will-the-brexit-affect-nigeria/

https://www.youtube.com/watch?v=40ule97jkRA

https://www.youtube.com/watch?v=JCWAkaTTTK8

[size=14pt]Brexit vote: What will be the consequences for Africa?[/size]

After the landmark referendum in which voters in Britain decided to leave the European Union,
questions are now being asked on what the consequences of the vote will have on African economies.
In Nigeria, analysts say the vote will not have much of an impact.

I'm really curious to see if Scotland will have another independence referendum so it can remain in EU.

it is supposed to have a knock-on effect on Brexit. It is focused on the limelight on how English trusts work for clients. New money laundering directives are supposed to contract rules around the transparency of trust ownership by putting more of them on a central register. Any trust whether or not it has consequences needs to report to the Revenue and there must be a register that is available to interested parties. For more information, You can visit the [url="https://theangeltrust.com/services/trust-registration-service/"]UK Trust Registration Rervices[/url] and gets goods results after brexit.

ell77:


Thanks

Hi, are you still into beans business?

ell77 kindly check your mail