justmi1:
I'm surprised how a 25yr old can gather such amount.

If you really worked hard for the money, you wouldn't be needing these advice cos you are richer than most people here.

However, i would advise you to start a business, food related ( bakery)

I have never been abroad but I'm certian it's not easy over there as well especially with racism and all

I'm also aware that almost 90% start up in Nigeria fail in 3yrs but you can be among the 10% - yes bad business environment in Nigeria but most times people go into business they know nothing about, hence the failure.

If you can run a business well, you can turn usa to backyard for weekend, watchout, only poor people are so desperate of traveling abroad, once you make it, you would just be shuttling.

I wish all the readers the best.

So, all those doctors, civil rights engineers, nurses, petroleum engineers, IT specialists and other professionals that left Nigeria for Canada are poor abi

mtinfx:


its share trading on devices such as phone or pc, slow but the income comes in gradually

Please can you train me in this kind of trading? I am outside Lagos

Finelinks:


What type of business could that be?

Sebi na one business u do take gathered #20 million........

useni1:
espace a country where people who are billionaires today started a business with less than 300k. Tell me any Nigerian who is a naira billionaire abroad? Guy grow up so you dont regret your future

Silas adekunle is a perfect example boss

He is a billionaire in naira and millionaire in dollars

If indeed, you are saying the truth, then sometimes, the mind that can make money may not know how to invest it.My advice, travel out, since you are gifted in the Arts, you will easily succeed. However, go to a country where you can get permanent residence on time. Leave all these advisers, only you know what you want for your life.

useni1:
Tell them. UK is hell fire.

If UK is hell fire boss, then Justwise, STENON etc wouldn't be in the UK

UK is hell fire and yet, there are many Nigerians doing well for themselves. This is not from hearsay oh. I have met many of them and i can give you their handles on social media to comfirm

Well, UK might be hell fire to you boss but it is heaven on earth for some people. One man food is another man's poison

Prost.

cococandy:
I’m sure you didn’t read this before posting it

Na so house cheap and everyone in America is not a home owner

Do you know what it would take to bring one of dumps up to a living standard which is a requirement by the government for purchasing it?

The 60k will varnish and he will go neck deep in debt.

Just bow out gracefully. Stop arguing unnecessarily

That is exactly how it works, some local councils here even put up houses for £1 with such condition.

The problem with such houses is the location, high crime rate and bad social facilities.

Brodapounds:
Hello dear nairalanders.

Please I'm going through a state of mental confusion.

Currently i have approximately 20 million and 300 thousand naira in my bank account.

I have two thoughts.

1) I am 25 years old but I'm not a university graduate, i only have ND (National deploma) from a polytechnic In Edo state, Auchi precisely.

I would have become a graduate years ago but after my "ND" years ago, i refused to go back to school and i decided to hustle for money.

Most of my classmates in school back then are all graduates but all the same, looking at my bank account now, i have no regrets.

So this is what i plan on doing.

1) Can i further my Education In any university in the United States with the money and plan on staying back after my degree, for the fact that I'm 25.
Will that be advisable?

2) should i stay back in Nigeria and use part of the money to build a house In my hometown in Benin and use the rest for business?

3) Is there a chance of going to USA and start all over again, look for job.
Will the money be enough to rent a house, foot some bills untill i see a job in the USA.

Note i choose USA only because it's my dream country, I'm not scared of the traveling ban because I'm 100% confident that it will be taken away few months from now.

Please i won't be replying any mention or questions.

All i want is to take note of good advice.

I already know a reliable traveling agent.

Please other suggestions are welcomed apart from mine.

Please help

Bro, don't listen to those saying travel esp to USA, the question is it's not easy starting up in a new country especially when it's purshasing power is higher than Nigeria (20m is just a few thousand dolls) flight, accommodation, processing, settling down would drain it.


Best is do business here where it is cheaper

Just find a tech start up and join as founder, it doesn't have the rudiments of failure like the traditional business.

You can micro manage it and it has a broad international spread.

If you interested I can hook you up with one, I don't do scam

djon78:


That's what most of them don't understand. How many Nigerians in the US are worth $1 million. Not even the highest paid consultant medical doctors. But over here in naija, we have thousands of dollars millionaires.


I get angry when people bad mouth everything about here, no hope. Like it will remain like that forever, like things won't change?
Maximum in 3 years time Buhari will be history and we will get our country back.

Pessimism is a very bad thing. In fact you won't see when goods are coming your way.

That's how one big manager in an oil and gas firm in Nigeria I know resigned and relocated to Canada. Today he is just surviving, be calling his ogas to dash him money. Like $1000. These where less than money he was making here from side deals.

It's only those with short sight don't see opportunities here. It's not easy, but there is a way. Even abroad you want run go, you think it's easy?

bro ur country is gone ,we aint getting shit back.Nigerians are not ready ...this thing is too deep into our blood.me included

Ibiblaze:

I will advise you to invest it here in Nigeria,by buy land and build a house u can keep for rent,two bedroom flat or three,and be getting your millions yearly,you can also buy buses or taxi you can rent out and get paid weekly,invest here in Nigeria,u will not regret it

or u could be killed by stray bullet or kidnapped wen travelling or from ur home or u die becos no doctor at closest hospital u had an accident......d list is endless.Secure life first before worrying too much about money

Softmojo:


You hit it spot on. If he has made N20m legit at the age of 25 then I'm surprised that he needs advice on what business to invest on.

What business fetched him that much profit in the first place?

Mr checker if he were still broke at 45, will you ask for the source of his poverty? Are there not forex biz, bitcoins, stocks, etc that can fetch money. Amazon alone as a quality writer can make u big. A full stack developer alone on fiver, upwork etc, you are in millions. Because millions is difficult for some, doesn't mean it is difficult for everyone.

orunmila144:
if you tell people they think you dont want them too go and enjoy UK. llet them go and find out themself. Go to mental health hospital in UK it is full of depressed nigerians. they think say theyy wan come heaven for UK them come enter hell and their mind couldnt deal with the disappointment and the stress so they went mad. go to any mentall facility in UK its full of nigerians. HELL ON EARTH

I don't agree with the emboldened unless you provide a link to back it up

Nigeria has Africa's highest caseload of depression, and ranks 15th in the world in the frequency of suicide, according to WHO.

The depression that can turn NIGERIANS mad can only be found in Nigeria boss not in the UK.

The fact that UK seem like hell fire to you doesn't mean that it is for everyone nah. Nigeria is heaven on earth for some and it is hell fire to another set of people.

95% of Nigerians living in the US don't even have a #20 million savings. Pls carry your bag and go to the US.

Nigsrdumb:


Good advice, but how does he get citizenship after studies?

I know a lot of Nigerian's stuck in this phase.

There's a Nigerian lawyer I know in Europe , cleaning toilets because she couldn't secure a proper job.

She's running out of time, because they allow two years stay after studying.


Anyway everyone's luck is different, but it's more difficult than d picture you've painted here.

Times and Chances (Causes & Effects) happen to them all. Life at times depends on how we think. The Universe is one, though in several sections as continents and countries. Money per se Is not where you go, but who you are and what you think. In life , your thinking is your economy. How you think, determines how you live. I think in millions, hence can't be lower than one regardless of the sections of the Universe.
It's your consciousness that attracts wealth and not where you go. However, go to a better countries, where you can think better.

Personally I will go with your second option. The grass is not always green on the other side.

thesmallgod:
Everyone is saying he should start a business. What kind of business oo ? There is no guarantee that he won't lose that in business. My advice for you is that you should do what your mind is telling you to do with d money

Please ask them

Most of them don't have any business yet they will come on nairaland and advice people to start a business.

Brodapounds:
Sincerely i am interested in any legal way of leaving the country.

As long as my stay in USA is legal, then I'm fulfilled in life.

I feel the school in USA will be more easier route.

But as long as I'm the USA, i have no problem, I'm an hustler and i can make big money legally in USA because i believe in myself.

Part of why i want to go to USA is that I'm a music writer and lover, i can sing very very well but i just have to drop music and focus on making money all these years.

But i know in the USA, even if i don't sing, i write songs very well and as a member of a drama group in school, i can act very well.

So i feel USA can give me the opportunity to explore my talent.
I can sell the songs i write.

Tution fees for two years go chop that money for US

dgifted:


Oga come back to Nigeria na

thesmallgod:

This is a fantasy. Business are easily planned in the head but always difficult to bring to reality.

Fact 100%

My uncle lost more than 5m in his printing press business.

It depends on how you made the money. If by crime and fraud, Don't go to the USA! USA is for legit hustlers. If you made it legally which from your question seems questionable, continue doing the same thing you're doing that gave you that amount. BTW anyone who made 20m at your age is not a matter of luck and needs to know what his doing. This is why yahoo Boys can't maintain wealth, rich today broke tomorrow. Making money is an act you need to learn, else you can't keep it! Reason why you hear of big men who left billions for their children and they run down their fathers empire in a few years.

Lewist:
I can show you what business to do here in US and trust me you are going to make it in no time

What type of business is that? Can you share it with me please?

Brodapounds:
Nice but what type of business?

But sincerely, part of the reason why i want to leave is safety of my life and my sanity.

I want my future kids to come into the world in a sane environment with top class Education.

I feel with me in the USA, i will be opening doors and opportunity for my siblings which are in school right now.

One of my sisters is studying as a nurse, i want her to work in USA as a professional Nurse and i feel with me establishing myself there, if will be possible.

I don't think about myself only, as the eldest child and son, i want the best life for my siblings, so my parents will be proud of me, i want my parents to visit me freely In USA and i feel this 20 million naira is GOD answering my prayers.

Hope you understand?

Guy , You are very young , build a 4 bedroom bungalow in your home town . Let's say about 6 to 7m . Put 3m in fix deposit . Get a school in abroad that their school fees will be around 10,000 usd . Process your visa and move out of the country .

Get a white girl pregnant abroad and start a new life . With your 20m here in nigeria . SARS will hunt you , EFcC will locate you , Kidnappers and armed robbers are not left out .

Think deep bro . You will also open doors for your siblings. How I wish I have this kind of opportunity, I would have been long gone .

How did you make the money at 25?. Just continue on that path and you will not be sorry if its legal.

Brodapounds:
Nice but what type of business?

But sincerely, part of the reason why i want to leave is safety of my life and my sanity.

I want my future kids to come into the world in a sane environment with top class Education.

I feel with me in the USA, i will be opening doors and opportunity for my siblings which are in school right now.

One of my sisters is studying as a nurse, i want her to work in USA as a professional Nurse and i feel with me establishing myself there, if will be possible.

I don't think about myself only, as the eldest child and son, i want the best life for my siblings, so my parents will be proud of me, i want my parents to visit me freely In USA and i feel this 20 million naira is GOD answering my prayers.

Hope you understand?

pls show me d way. How did u get 20million at 25?

[May God bless you for your good heart]

But sincerely, part of the reason why i want to leave is safety of my life and my sanity.

I want my future kids to come into the world in a sane environment with top class Education.

I feel with me in the USA, i will be opening doors and opportunity for my siblings which are in school right now.

One of my sisters is studying as a nurse, i want her to work in USA as a professional Nurse and i feel with me establishing myself there, if will be possible.

I don't think about myself only, as the eldest child and son, i want the best life for my siblings, so my parents will be proud of me, i want my parents to visit me freely In USA and i feel this 20 million naira is GOD answering my prayers.

Hope you understand?[/quote]

Do what's best for you

ridbell01:
my brother is a job see someone that I will give me 1.5m I swear I will never search for job in my life again

lol..God will provide bro

Finelinks:


how true is this?

Is the boy a naija boy?

Igbo guy.

WUdec:
20m is 55,555 USD and 300,000 is 833.33 USD.

As a young man, you'd probably be thinking about the quickest way to double your money. Its not how much you have in your bank account now that should matter but how much you wanna have for yrs to come. So lets talk wealth and I will speak from what my life's experiences have taught me.

1) Take half of that money and put it in a foreign bank's savings account. There are loads eg Standard Chartered, Barclays, Citibank etc. I say "foreign" because your money would be easily accessible from any part of the country anytime in 4 yrs without stories.

2) invest in a degree course abroad, one that is very skill-based/ hands-on and not some shitty degree like business studies or PR. Something in IT, Engineering or Health. I would suggest you pick Europe because you would save a lot of money compared to the states. Holland is a good bet as its standards are very high and their employment/affiliation rate after graduation is very high. Most times you could get a job offer during your IT and sometimes a bidding war could go on btw companies if you are good eg Computer Engineering.
Upon graduation and securing a job, you annual salary begins at 50k to 60k euros plus benefits. If you choose to go to the US or canada, expect 80000 - 100000 upwards.

3) Note, by then your savings still exist in the bank, about 27k dollars.
With work, you can increase it to 50k to 60k after 1 yr.

4) this is your capital to make the right moves to make you wealthy. With that amount, you can choose to own or get into real estate, invest in foreign stocks and bonds, start up a business or own homes in capital cities in third world countries. You can even buy acres of land in poor countries and resell them to manufacturing or retail companies.

5) Save 15 percent of your income as you work for 5 yrs. And keep buying and reinvesting in things for your future.

6) Keep intelligent, hardworking and busy people around you all the time. Don't place your family (except you are married) on monthly salaries or constant financial help. Instead ask whoever it is what they really want to do for the rest of their life. Pay for them to acquire the skill then let them fly. When you constantly hand out money to family members, you are not helping them, you are just solving temporary problems and making them dependent on you. The day you stop giving, you become their enemy.
Nigerian families can destroy a man's future. Especially when it comes to excess financial responsibilities.

For example, you pay for someone's university up until graduation, the person graduates and has been unemployed for 5 yrs. What do you think that person will do next? Look for another financial help or another saviour. The Nigerian educational system breeds people to be dependent on men and not themselves. But imagine if I paid for a poor man to learn computer programming or welding for a yr. What do you think he would do when he graduates from his course. He would empower himself first by creating.

7. Read a lot of business and psychology books. Read biographies and watch a lot of business news

8. Invest in something and not someone....every yr

If you are poor in the 5th yr after trying all these, call me up so we could arrange where to meet so I could hit you with a hammer


Good luck!

Starred.

The emboldened got me cracking up so hard

mtinfx:


Lol and I play pubg for free when am not working

You can imagine na. People who struggle to earn 30k a month would see it as impossible.
I'm sure he can buy a duplex in Ind. Layout comfortably without breaking a sweat.
Until you are close to him and know what he does, you'd bet your soul he's a Yahoo boy