goldedprince:
if he is smart enough, let him move. but if he is an olodo, its beter he stays in naija.
btw, 400k naira is less than 1k usd.
mmmmm that can be made in 2 days there if he has a good brain.

CoCoLav:


Please show me the way o

How can a new immigrant make 1 million in 12 hours?

maternal:


Very few people are building houses with their own money. Only the few successful business men. The majority are thieves, stealing/looting the country's wealth. Nigeria has a bi-polar distribution of wealth with really no middle class. You're literally either really rich or poor. Who are these "people" ? Definitely not the common man. How many more millions of dollars must the EFCC find in politicians houses before you guys stop playing the "people are doing big things with their money" narrative ? Like a poster said how much does it cost to buy or build a house in naija with the pathetic naira once you have dollars ? Or the unemployed small boy who'd do the labor for 1/20 of the price someone would here because they're desperate for work. I personal have a house there and it's no big deal.

The truth is Nigeria's economy would literally collapse without people from the diaspora sending/investing money back there, since the politicians just steal whatever they can. 35 billion remitted and you don't think a few billions went into real estate ?


"In 2016, Nigerians living abroad remitted $35 billion, higher than 2015. This is the highest in Africa and the third largest in the world. Nigerians are excelling all over the world" She said.


http://allafrica.com/stories/201612210454.html

youngestland:
Apextitan and alikote leave that matter you guys have derailed too on the subject matter....

I like this subject and it really concerns me I am still in nigeria although I was almost going january I had to sit down and drafted my future in usa and my future in nigeria.

please this is fully My OWN OPINION so dont come and bash me or insult me just correct me expecially does abroad I may not know too well whats optainable there but using my relative has a nurse in usa

now lets do this maths a man 25 yrs nigerian gets a job after school pays him 400k a month he decides he will stay with his parents for a while since its thier house and its very comfortable so every month he spends 100k on expenses and saves 300k in five yrs he has saved 18millon he decides to rent a house when got to 30yrs so lets 100k from his savings thats 200k left now in another 10 yrs he would have saved 24million total now is 42million tell me that guy cant buy a land in a good part in lagos and build a bungalow for himself and build something else for tenants and from there live a good life.......


now at 25 he decides usa he gets going to school getting his papers right and start a good job will take like 5 yrs he is now a nurse start up salary is 3k dolls at 30yrs he decides to save 1k every month in 10yrs he would have saved 120k dolls if he decides to come to nija with the money (lets peg the dollar at 200naira when he decides to come it could be more or less) that means he has 24 million naira

my take on both life is the guy that decided to stay in nigeria is wiser....
This is exactly what I calculated that made me not leave nigeria then and it was too late for me to leave at my age in january when I was to choose again

so the guy saying nigerians to build houses many bankers at age 40 are staying in their own houses now not to talk of other biz men and oil workers...... I am a living example ;Du make sense this type of clear analaysis we want not insults

youngestland:
Apextitan and alikote leave that matter you guys have derailed too on the subject matter....

I like this subject and it really concerns me I am still in nigeria although I was almost going january I had to sit down and drafted my future in usa and my future in nigeria.

please this is fully My OWN OPINION so dont come and bash me or insult me just correct me expecially does abroad I may not know too well whats optainable there but using my relative has a nurse in usa

now lets do this maths a man 25 yrs nigerian gets a job after school pays him 400k a month he decides he will stay with his parents for a while since its thier house and its very comfortable so every month he spends 100k on expenses and saves 300k in five yrs he has saved 18millon he decides to rent a house when got to 30yrs so lets 100k from his savings thats 200k left now in another 10 yrs he would have saved 24million total now is 42million tell me that guy cant buy a land in a good part in lagos and build a bungalow for himself and build something else for tenants and from there live a good life.......


now at 25 he decides usa he gets going to school getting his papers right and start a good job will take like 5 yrs he is now a nurse start up salary is 3k dolls at 30yrs he decides to save 1k every month in 10yrs he would have saved 120k dolls if he decides to come to nija with the money (lets peg the dollar at 200naira when he decides to come it could be more or less) that means he has 24 million naira

my take on both life is the guy that decided to stay in nigeria is wiser....
This is exactly what I calculated that made me not leave nigeria then and it was too late for me to leave at my age in january when I was to choose again

so the guy saying nigerians to build houses many bankers at age 40 are staying in their own houses now not to talk of other biz men and oil workers...... I am a living example

justwise:


Do you really believe this your calculation?

youngestland:


bros I wrote 'I am a living example'

justwise:


Ok but in what sense? You lived with your parents for 5yrs and saved 18M? And moved out to rent your own place and saved 42M after 10yrs?

youngestland:




bros I am still far from 40yrs but atleast I stay in my house

justwise:


That did not answer my question

youngestland:


bros read between the line please

what is the cost of an average 3 bedroom on a plot of land in lagos not outskirt o

justwise:


42M

lorenzos1:


Oga this ur calculations get as he be oooh! Though u already said we should not bash u as it is ur personal opinion but haba at least b objective. . you cant sell dollars for 200naira na.. Even wit CBN daily intervention its still about N390.. Then again which entry level Job go pay you 400k per month... Maybe oil coy.. Dunno of any bank ooh. You probably have to put in some years before u earn up to that and by then you are not likely to be 25yrs old.. So u av to recalculate d age and monthly savings too.

youngestland:


bros please read o I said lets peg the dollar at 200naira it could be more or less unless you can tell me what exchange rate will be in the year 2032
bros there are jobs that pay
And I used that amount because thats the amount this guy is earning now
Simply put if this guy leaves nigeria now that he has attained this level of 400k in 15years he will be able to save half of what he would have saved in nigeria this is still my own opinion o plss
I am still waiting for people in usa to tell me if he can make more than what I calculated legally pls legally o

lorenzos1:


Oga this ur calculations get as he be oooh! Though u already said we should not bash u as it is ur personal opinion but haba at least b objective. . you cant sell dollars for 200naira na.. Even wit CBN daily intervention its still about N390.. Then again which entry level Job go pay you 400k per month... Maybe oil coy.. Dunno of any bank ooh. You probably have to put in some years before u earn up to that and by then you are not likely to be 25yrs old.. So u av to recalculate d age and monthly savings too.

justwise:


If you are using his current salary then why are you using 200 naira as dollar exchange rate?

Do you believe that somebody in US with a starting salary of $3k a month will still be earning the same amount in 15yrs time?

youngestland:


200 naira is a forcast because it might be higher or lower in 15yrs time unless he will get to usa today and work one year and save 120k dollars

then I was waiting for someone to bring this up the guy in nigeria earning 400k now cannot remain at 400k in 15yrs too now.... so lets dont calculate with salary increament lets calculate with what they both earn right now

SystemSpecs:
Stutern, a Lagos-based online platform has published the salary distribution of employed graduates in Nigeria. Stutern carries out studies on employment in Nigeria and Nigerian universities and this year, they created something called the Nigerian Graduate report. According to the report released, statistics were obtained between 2010-2016. Stutern embarked on a study into the salary distribution of employed graduates and below is what was found out.

1. More than 50% of Nigerians currently earn N50,000 or less on a monthly basis.
2. 1 in 4 new graduates earn less than N20,000 monthly as starting salary.
3. Over 80% of employed graduates currently earn not more than N150,000 per month.
4. Most graduates earn between N20,000 - N50,000 monthly both as starting salary and current salary.
5. Only about 1.92% earn above N150,000 monthly.



https://www.naij.com/1103088-this-graduates-earn-nigeria-starting-salary.html

Pidgin2:


Sorry for you, stay there and keep posting statistics when will you come down to see what your mates are doing? Continue

Babaelemu:
People forget the reality of life. Doing calculation that is not realistic. Count yourself lucky if you earn lucrative wages for straight 5 or more years in foreign land or even at your home country. Life is not like that! You cannot budget or predict what will happen in the future.

wyzoe:




Do you wonder why people are looking for an exit?

youngestland:
Apextitan and alikote leave that matter you guys have derailed too on the subject matter....

I like this subject and it really concerns me I am still in nigeria although I was almost going january I had to sit down and drafted my future in usa and my future in nigeria.

please this is fully My OWN OPINION so dont come and bash me or insult me just correct me expecially does abroad I may not know too well whats optainable there but using my relative has a nurse in usa

now lets do this maths a man 25 yrs nigerian gets a job after school pays him 400k a month he decides he will stay with his parents for a while since its thier house and its very comfortable so every month he spends 100k on expenses and saves 300k in five yrs he has saved 18millon he decides to rent a house when got to 30yrs so lets 100k from his savings thats 200k left now in another 10 yrs he would have saved 24million total now is 42million tell me that guy cant buy a land in a good part in lagos and build a bungalow for himself and build something else for tenants and from there live a good life.......


now at 25 he decides usa he gets going to school getting his papers right and start a good job will take like 5 yrs he is now a nurse start up salary is 3k dolls at 30yrs he decides to save 1k every month in 10yrs he would have saved 120k dolls if he decides to come to nija with the money (lets peg the dollar at 200naira when he decides to come it could be more or less) that means he has 24 million naira

my take on both life is the guy that decided to stay in nigeria is wiser....
This is exactly what I calculated that made me not leave nigeria then and it was too late for me to leave at my age in january when I was to choose again

so the guy saying nigerians dont build houses many bankers at age 40 are staying in their own houses now not to talk of other biz men and oil workers...... I am a living example