badliman:
It's very pathetic honestly, the situation the country is, is very saddening. Leaving Nigeria cannot and will not be the solution, if we cannot challenge our political elite, if we cannot stop praising corruption, if we cannot stand up for our right, if we still support tribalism against experience and intelligence and good leadership, if we can't hold our leaders accountable on how our money is being spent. Americans, Britain, France, Chinese, etc are still colonising us mentally and economically and yet we are going out there to grow there own society. While they do little than exploitation down here in Africa.

Come to think of it the country we are running to was built on some people sweat and sacrifice but nobody in Nigeria is ready to sacrifice anything for our dear country. Our only concern is our life and family. Imagining the wrought in every sector that your and my father is involve in.

Until we all rush to the street, we disobey what they call constituted authority and being deviant to all this national assembly stupidity. National assembly that should represent you and I are sitting there sharing money all the policy and bills that will make life worthwhile for you and I are abandon while the one that will swell there pulse and company are being appended or pass.

What have they done to insecurity, Power, and the likes of MTN and multi choice are treating Nigeria the way they like what they cannot do in south Africa is being done here. Even Chinese and Lebanese are enslaving people in this country, or the Indians.

Dangote Cement in Bene and Ghana please check the amount is being sold there compare to the amount we are buying at home.

Everything still boils down to our attitude of accepting fate and praying as long as we can afford it no problem. Even when those things are wrong.

The solution of our problem is revolution is not necessary bloody or fight with guns but protest and disobeying constituted authority till they obey the masses because a country is for the people living in it not for the few controlling it.

u don talk am finish we only care about self and family dats yy one man with opportunity at d top ll steal out of our collective patrimony...can all of us run out? where we are running to is it spirit that are there?? like I keep saying one day this society ll reset itself or we reset it...

walex2:



I will forever be grateful for this administration for one thing: everybody learn how to work hard and there is no more rent seeking among the elites. please let me know if those who are paying 3.5M per three months would write the same WAEC that those who are going to public schools will write and still come out with better grade. ohh someone will say is because of my poverty mentality but let his father invest half of those school fees from jss1 to ss3 and see the returns on the investment for him in those 6 years if he will ever need to travel again to Canada to hustle.

It is definitely poverty mindset Bro LOL believe me.

Quick question... What is your confidence that investing half that money like you say for example would bring good returns, or the investment won't even die or rot away with time?

You people don't still know government policies do a lot to make a business float or die! Example... Do you know how many cement factories and companies died for dangote to be what it is today due to the government of obasanjo giving it the only license for imports at that time?

Do you know that singular move gave dangote the lion share of cement sales in Nigeria today? Then we had elephant cement, rock cement and many others... But today Rock cement is dead and you will see a thousand bags of dangote cement before you'd see 1 bag of Elephant cement.

This administration you are rejoicing over is killing the middle class by its policies and not necessarily check mating the corruption and thievery still going on unabated at the top and that is why we are complaining!

bishopkay:


Until police catch you when you come out to piss for gutter for night or just taking an evening stroll to go buy food by 8 pm.

When they beat the living hell out of you and frame you up as a kidnapper, or drug dealer or even shoot you and put a gun on you that's when you'd know Nigeria is not worth it.

Funny enough I had such a mindset at a time but now, I can't wait to get out! Except you are Into unmentionables, you can also do what you do here to make that "obscene" Money over there then when you come to Nigeria for holiday, you can hire a police escort!

so in the US or abroad they dont have police that kill innocent citizens?

tactius:



I came across your post.

What is happening in Nigeria is called oil shock.


We were here before. In 1980, my dad and mom earned about N500 as salary combined. With that salary they were able to look after themselves well, and send a relative of my dad's to school.

In 1980, the oil price was at its highest....and had been since 1973....so things were good. Back then, salary earners like my dad could even afford a new car. NEW car...not these second hand jalopies.

In 1982, oil prices crashed, and so did the economy.

By 1983, things were so bad that Nigerians were eating from trashcan

Buhari took over on the last day of 1983....the oil price continued to fall, IBB took over in 1985, partially removed subsidy...improved econmomy for 2 years, then things went back to square one.

By 1988....my parent's salary could not keep them and their family (both lecturers). Back then....side hustle mode activated. That's how we survived till oil prices shot up again in the 2000.

Even if GEJ won, we were heading into a recession...as Ngozi Okonjo Iweala said. And it happened before. The reason why we were prosperous in 2012 was high oil prices above $100 .

On May 29 2015...OIL WAS at $75. By 2016, oil was at $30. Since then it has never gone above $80. The good times are over.

What about nations with no oil? What shock do they experience? When we blame oil market dynamics for our woes, it is like blaming God for putting the oil there in the first place.

olas24u:

Anyway people migrate everytime and have the right to do so,but it is not green out there.

Yeah true but I believe if you can manage to stay afloat in Nigeria with all the odds against you, you can thrive better in an environment that values human lives and hardwork.

Do you know the story of Soyinka, he was given a third class at University of Ibadan but he came out with a first class when he migrated. So the thing there is KNOW WHAT YOU ARE DOING!

Grupo:


As usual, anybody that complains was a beneficiary of free money, according to APC sadists and zombies.


My mom is a hard working woman. In 2012, I knew how much she was earning. She even had much responsibilities then compared to now. Yet, she did not complain.

I know how much she earns now, but unfortunately, she is now poorer than she was in 2012. Just yesterday, she called me and was complaining bitterly.

One thing I have come to realize is that most people who support APC are poor sadists who think that because they could not make it, no one else should. And if you try to complain, they call you a beneficiary of free money. Sadistic animals. They don't believe someone can make a lot of money through honest means.


Before this animal in asọ Rock came in, my friend, an architect was making a lot of money. The real estate industry was booming. Even civil servants who were just earning little could afford to build at least a 3 bedroom residential apartment for themselves. But what is happening today, people could barely feed, talk less of building houses. Maybe those civil servants were beneficiaries of free money.

oga let's be realistic would atiku make any difference if he had won?? cos I didn't see any sharp solution he had to bring to d table...Nigeria is wer it is cos our economy is not self sustaining enough...rent seeking situation..petty corruption in public and private sector...leadin to poor wages...we got to tinker with d structure of dis country politicaly den economically...i no be apc sympathasir just a graduate of politics who thinks we deliberately over d years refuse to set a template for our country greatness...

GidiWoodsMan:
The question is what did their parents actually do to afford that lifestyle for them back in the day? 3.5 mil per term school is definitely not for the middle class, even less 20 years ago. So why don't people like him just do what the parents did, continue running the family business and just keep getting richer?

My guess is that there was never any business to begin with. Maybe their parents were the jobbers who brought Nigeria to its knees in the first place, now they are either retired or dead, so no more access to free money. Of course the kids of today's political class and their proxies are the ones attending 3.5 million per term schools now. And guess what? Themselves and their parents are eating the future of Nigeria, today. Those kids will surely come back here too, to lament when their parents are dead.

THE ONLY POSSIBLE EXPLANATION TO THE STORY

LadySarah:
I see no arrogance here.Igbo si ''o na ara ahu ya arawa ahu' '.Before they will trace him to Ikoyi ,just like the ph fishhead lady that flaunted her husbands earnings and they met Their waterloo that night.

What he said is something to reflect on.Nigerians are getting poorer.Before You Come at me with your rice nonsense,check the price of our former foreign rice against our local now.Can the poor even cook palm oil rice with it?I met a woman last yr who sincerely begged me for rice that her family now eats sweet potatoes for months now .Rice is a luxury to ppl now


Phedc since last yr announced 3 days on 3 days off power for us against regular 20 hrs plus Light we were enjoying.now Its 5 days off 3 days on.The enterpreneurship we are preaching,how does the common man power his business?

Npower volunteers opened a thread here to mobilize themselves and Vote in Buhari again because of #30k stipends.Graduates selling Their rights away for
#30k?Isnt it cringe worthy?

Insecurity,purchasing power Very low,Its a sad situation

When will you people stop this bitterness that is eating you up? Show some respect for people's democratic choice and stop wailing. It's democracy, simple as ABC. What was the alternative of not voting for Buhari/APC? Can you answer that?

I assume they went to school in the 90’s and early 20’s. Please note that these were the kids of politicians and mostly civil servants. About 1% of their parents were hustlers. Their parents were the . Political allies of IBB, Abacha and Obasanjo. Who majority of their parents stole the Nations wealth to buy houses in VI and Ikoyi. The average Nigerian salary at that time was very poor and even the middle class of Nigeria could only afford to send their kids to Unity Schools. Majority of us went to Unity schools. Now the tables have turned and they call themselves elites. Elites of who and where? Because of your parents theft and connections? This guy is delusional.

CodeTemplar:
What about nations with no oil? What shock do they experience? When we blame oil market dynamics for our woes, it is like blaming for God for putting the oil there in the first place.

Depends

1.Countries who rely on other commodities have the same issues...eg most African countries rely on selling agric products. When prcies crash, things can get messy.

2.Some rely on solid minerals...good example...Zambia ; copper. Zimbabwe: diamonds.

3.When the prices of your selling commodity crashes...your economy goes down with it.

4.Industrialzation is the answer...but thanks to subsides in the power sector...which prevents DISCOS and GENCOS from making money to improve infrastructure...and thanks to oil subsides...which reduces profits...prevents investment in things like GAS plants....Nigeria cannot industrialize.

Infact, the solution is industrialization. But we have to run our power and oil sectors like capitalists. Since Nigerians prefer to pay low prices for both....

Na wa oo

@@@

Grupo:


As usual, anybody that complains was a beneficiary of free money, according to APC sadists and zombies.


My mom is a hard working woman. In 2012, I knew how much she was earning. She even had much responsibilities then compared to now. Yet, she did not complain.

What was that hardwork that your mummy was doing in 2012 which was making her earning much money compared to now? I guess she is a civil servant making more money in the office pre-2015 than her salary.
Don't be surprised, my brother said exactly the same thing. Lol.

I know how much she earns now, but unfortunately, she is now poorer than she was in 2012. Just yesterday, she called me and was complaining bitterly.

One thing I have come to realize is that most people who support APC are poor sadists who think that because they could not make it, no one else should. And if you try to complain, they call you a beneficiary of free money. Sadistic animals. They don't believe someone can make a lot of money through honest means.


Before this animal in asọ Rock came in, my friend, an architect was making a lot of money. The real estate industry was booming. Even civil servants who were just earning little could afford to build at least a 3 bedroom residential apartment for themselves. But what is happening today, people could barely feed, talk less of building houses. Maybe those civil servants were beneficiaries of free money.

That was because everyone in the public service, both politicians and civil servants were able to steal more than enough, everyone was just stealing left and right with no one to stop them. What were they doing which their loot? Of course, every fvcking one of them was investing in the real estate! What else could they do? Not like they had business ideas or liver to start one, your mum included. Because of that, the prices of the real estate escalated beyond everyone's imagination up till May 2015. Because every criminal in the public service was dumping their loot in the sector.

GavelSlam:


Apples and oranges.

It was a burgeoning economy just coming out of years of military rule occasioned by cronyism and dampened economic activities.

Combine that with the turn of the millennium in which mobile telephony, the world wide web and of course increasing oil prices helped propel growth.

Growth is not constant and never guaranteed.

Include the privatization and commercialization of state-owned entities and instant billionaires were made.

Funny, for the same period, those in the hinterland didn't seem to feel any better.

I understand this and all you said but when a government runs on an anti wealth agenda, it's bad!

"It was a burgeoning economy just coming out of years of military rule occasioned by cronyism and dampened economic activities." But we were still better off?

Corruption was rife in the system and it created wealth that's what you're trying to say but compare with Singapore with the world's lowest index for corruption meaning no corruption virtually exists in the country yet they still have a very good standard of living.

Dubai is the world's head quarters of black money that's corrupt monies...Saudi Arabia too is known to Harbour corruption among the elite but compare living standards.

Fighting corruption is not a yard stick for throwing a whole nation into poverty whereas corruption still happens unabated up there at the top! Matter of fact now it's even spread with much impunity down below.

It is the policies of the man at the top that has put us in the economic doldrums we find ourselves today not necessarily corruption my friend

tactius:


Depends

1.Countries who rely on other commodities have the same issues...eg most African countries rely on selling agric products. When prcies crash, things can get messy.

2.Some rely on solid minerals...good example...Zambia ; copper. Zimbabwe: diamonds.

3.When the prices of your selling commodity crashes...your economy goes down with it.

4.Industrialzation is the answer...but thanks to subsides in the power sector...which prevents DISCOS and GENCOS from making money to improve infrastructure...and thanks to oil subsides...which reduces profits...prevents investment in things like GAS plants....Nigeria cannot industrialize.

Infact, the solution is industrialization. But we have to run our power and oil sectors like capitalists. Since Nigerians prefer to pay low prices for both....

But we have agric products in excess also. Cocoa is there and our share of raw cocoa can easily replace 80% of our oil earnings if properly harnessed.
We have solid minerals also. We have a lot at the end of the day. We Also have population. China is using her population to win factories over because excess supply labour via high population will drive down cost of labour and prices of final will go down. We have so much but focus on something God put there as a bonus. That's like a graduates who hangs around relations for 30k pocket money instead of accepting a 300k salary job.

bishopkay:


I understand this and all you said but when a government runs on an anti wealth agenda, it's bad!

"It was a burgeoning economy just coming out of years of military rule occasioned by cronyism and dampened economic activities." But we were still better off?

Corruption was rife in the system and it created wealth that's what you're trying to say but compare with Singapore with the world's lowest index for corruption meaning no corruption virtually exists in the country yet they still have a very good standard of living.

Dubai is the world's head quarters of black money that's corrupt monies...Saudi Arabia too is known to Harbour corruption among the elite but compare living standards.

Fighting corruption is not a yard stick for throwing a whole nation into poverty whereas corruption still happens unabated up there at the top! Matter of fact now it's even spread with much impunity down below.

It is the policies of the man at the top that has put us in the economic doldrums we find ourselves today not necessarily corruption my friend

Sounds like you are an advocate for corruption.

SmartyPants:


I think you make quite a valid point, because according to the guy, all of them have successful businesses or careers. So what more does he demand from Nigeria?

At first I thought his points resonated but now it seems entitled and unrealistic.

thats d pride in him speaking, if he was actually doing well in his business and career, all dis BS wud not come up in d first place.

GavelSlam:


Sounds like you are an advocate for corruption.

Oh no I am not!

Would it be fair if I called you an advocate for poverty and mediocrity?

Whatever it is we must learn to walk in the consciousness of oneness, if we as a society must receive an insight into the secret of the way forward, politically or otherwise.

bishopkay:


This is what I try to explain to people especially my mum who wants me to build houses all over our town abi state sef. She always says invest in property. Buy lands, build houses it appreciates it doesn't depreciate and I always LOL because she doesn't know how much exposure I have got especially in international trading scenes.

I will let off a little secret Here at least this thread is at the bottom now and I trust Nigerians they don't like to read. LOL

Building or buying a property to rent out or for profit in Nigeria Is the world's greatest scam. You'd spend 80 million naira on a three storey building including land in some locations and wait 20 years before recuping capital before even profits.

A friend in the US told me I can buy a house in the US for 25 thousand dollars, get 700usd per month as rent and in 3 years I am chopping my profits already and that's what I am doing now. I will only build a house in Nigeria for myself and parents... Me build something for rent in Nigeria, God forbid!

Spot on. We trashed this issue the other day on the Treasury Bills investment thread.

CodeTemplar:
So it is my expose of what it cost to train public school students that's paining you. You are not bothered about the truth but about the fact that is doesn't massage you fragile ego.

Oh, shut up.

Done with you.

Buzz off, egomaniac. Your pseudo-private school education is disgusting.

afroxyz:


so in the US or abroad they dont have police that kill innocent citizens?

Compare with your every week occurrences here. Compare where people get profiled over here because they use good phones and cars and dress nicely. People get killed enmasse without a word from the government!

Over there when such occurrences happen, there's a very quick dicisive government action and statement on it. Here, your president doesn't even get told something of that nature happened because it's already a normal way of life for us.

A rapper got shot to death and within 24 hours, the killer was apprehended. Here, our former COAS got killed and we still don't know jack sh!t about what happened. An AG of the federation Bola Ige was assassinated in his home till date, nothing about his killers. Is this the country you have hopes in?

A working system is what we need A WORKING SYSTEM!

The real question is, who are the ones buying the properties they are selling? Yes, the new "hustlers" in town, both legitimate and otherwise (same with their parents too). Nigeria is worse for the son of priviledge ones, who has sense of entitlement, but not common man, because "what is dead, may never die". Plus they should understand that wealth doesn't last generation, just like nation rises and fall, so those wealthy houses will fall, or merge for another houses to rise. Where are the great grand sons and daughters of the elites of Nigeria in the 19th century?

SAVEDBABA:
lol.......how can we verify you claim??

Ask for my school results, not that I'm obligated to show you.

Not everyone you see on nairaland is your Nigerian. And not everybody behind a keyboard is broke like you all like to imagine to feel better.

I don't know why once you confront a Nigerian they want to tell you that you are inferior. Is everything about inferiority and money? People go to private schools without making noise and feeling superior. You guys need reorientation. Life is not about making noise, acting flashy and dying young the way you guys do in your hamlets.

CodeTemplar:
With all the phantom superiority complex you attributed to me, I have never come here to say I attended a private school and I challenge you to show me where I ever made such comment.
I never boast of attending schools of xyz thousand US Dollars in my life. If you read between the lines well, I don't go an attack without feeling attacked first. The public school system you accuse me of attacking has been belittling private schools even before the first private uni graduates their pioneering set so if you want to speak on private-pubic schools attacks here be factual and take it from the aggressors to make your comment fairer.
In fact there is little or nothing tying to me to any private school here. I challenge you on that.

You're still sounding as stupid as when you first quoted me.

On second thought, what do I have to prove to you? Wallow in your generalizations. Climb to the height of your baseless ego then hang yourself on it.

Inferiority, CodeTemplar and all the other nonsensical ingredients of stupidity.

Tellemall:


Oh, shut up.

Done with you.

Buzz off, egomaniac. Your pseudo-private school education is disgusting.

Please remind me of where I boast of attending private school.

...

maasoap:


What was that hardwork that your mummy was doing in 2012 which was making her earning much money compared to now? I guess she is a civil servant making more money in the office pre-2015 than her salary.
Don't be surprised, my brother said exactly the same thing. Lol.



That was because everyone in the public service, both politicians and civil servants were able to steal more than enough, everyone was just stealing left and right with no one to stop them. What were they doing which their loot? Of course, every fvcking one of them was investing in the real estate! What else could they do? Not like they had business ideas or liver to start one, your mum included. Because of that, the prices of the real estate escalated beyond everyone's imagination up till May 2015. Because every criminal in the public service was dumping their loot in the sector.

You must be joking.

I don't want to mention the specific figure she was earning, but let's use 50 k as an example here.

In 2012, with her 50k, fuel was around #87, 50kg bag of rice was around 8k, etc.

Fast forward to 2019, let's assume her salary is now 70k, but one liter of fuel is now #145, a 50kg bag of rice is around 18 to 20k. Her meager 70k salary will not be able to cover those. Hence, she is poorer than she used to be in 2012.

Peopel with poverty mentality will NEVER see the point in his post and Naija has a high concentration of them unfortunately

GavelSlam:
They are the elite based on the 'hustle' of their parents.

Question now is, what is their hustle?

What are their expectations?

If they have a car and home already, I'm assuming they want more.

All well and good, but is that a realistic expectation?

If you have all these, then your only rightful complaint should be issues relating to insecurity.

Wherever else you find yourself you would hardly have more than a car and home.

Is just having a car and home enough? Our society and economy makes the hard work and struggle of a common citizen yield very little.

Not everyone is satisfied with just having the basic because with the way the country is going, soon the basic would even be stripped off.

bishopkay:


Compare with your every week occurrences here. Compare where people get profiled over here because they use good phones and cars and dress nicely. People get killed enmasse without a word from the government!

Over there when such occurrences happen, there's a very quick dicisive government action and statement on it. Here, your president doesn't even get told something of that nature happened because it's already a normal way of life for us.

A rapper got shot to death and within 24 hours, the killer was apprehended. Here, our former COAS got killed and we still don't know jack sh!t about what happened. An AG of the federation Bola Ige was assassinated in his home till date, nothing about his killers. Is this the country you have hopes in?

A working system is what we need A WORKING SYSTEM!

If the system was 'working' you wouldn't have had the LA riots of black lives matter protests. And all these happened before the rise in white supremacy that we are currently witnessing.

Kkshanana90:
I have made it a habit to block any of my Nigerian friends on social media who ask me to return to Nigeria in order to contribute my quota to national development.
Nigeria doesn’t need her citizens in the diaspora to return home. It’s a false call that would make your children to turn against you in the future if they realize that you had the opportunity to escape the ‘zoo’ but chose to return home.

A student in Europe, just by working at least 180hours in a month earns more than three times the amount many graduates working full-time in Nigeria earn, not mentioning the comfort. To say the least, Nigeria is a scam!

is he spending the money in naira? what is his social status in that society? We should stop this comparison abeg. what we should co.pare is standard of living or social status. not coming here to tell me that someone flipping burgers earns more than a bank manager yet that person flipping burgers needs 4 jobs to pay his bills

And some low income earners re screaming sai baba upandan...this is reality right here from the mouth of the supposedly rich...what hope does the the average Nigerian have then.