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|Wasting Fortunes On Futile Efforts by Solatium(m): 12:57pm On Jan 08, 2021|
I want us to talk about job creation,i want us to talk about business ideas,i have seen so many people with modest savings (₦3-₦5million) wanting to jet out of Nigeria at all cost,i have also seen people wasted such money and time yet they can't reach their dreamland.
I am not against anyone traveling out to seek greener pastures or on holiday,what i want us to examine critically is this attitude of wasting fortunes,money that is enough to start life with.
I read through a post of a guy with ₦3million savings not too long and I read all sorts of advise,but the one's that moved me most are those people who keep dishing out small scale business ideas,they did not only dish out ideas,they gave practical examples and knowledge,those ideas and knowledge prompt me to ask myself this question that why don't we want to start Small?
why don't we stay back and build a life instead of running around all the time?
insults are welcome
|Re: Wasting Fortunes On Futile Efforts by ednut1(m): 3:27pm On Jan 08, 2021|
Solatium:traveling most times is about securing your future and that of your unborn. Most businesses fail in Nigeria as the odds are stacked against you.
No light - petrol and diesel cost
Local, state and federal taxes-
Competition - once one business booms all Nigerians begin to do it till it cast e.g- catfish business, uber, bike logistics.
Try agriculture - herdmen and kidnappers are waiting.
Dishonest and theiving staff.
Someone has 3m but no business acumen or street sense. How will he succeed
Abeg let them japa in peace. 3m is nothing these days in Nigeria too.
|Re: Wasting Fortunes On Futile Efforts by tensazangetsu20(m): 4:00pm On Jan 08, 2021|
Op you that is talking about business have you ever ran a business in Nigeria. Nigeria has more entrepreneurs per capital than the USA but Nigeria is still the world's poverty capital. Many graduates finish school and go into various forms of entrepreneurship. Makeup, hawking beverages, fashion designing et al yet year in year out they are still broke and poor. Entrepreneurs full naija na. Enter any street in Nigeria and the you would find business people everywhere. Why haven't they made it yet?
There are exceptions though but you cant use one succes story to generalise for the other millions of people. I rather take my chances in a sane society. Nigeria presently has no future. Your government wants to start stealing money from dormant bank accounts. Coronavirus isn't over yet so this year might be more bloody economically than last year o. Naira fit reach 700 by year end. Make people japa.
|Re: Wasting Fortunes On Futile Efforts by Solatium(m): 4:49pm On Jan 08, 2021|
You need to have stayed in business for long to be able to nurture it into what you really want.
there are transition time in business,no be the day wey you startyou go dey make money and when you start making money immediately,be discipline with your spending and save for the raining day because that Lul period with come,you can only survive it if you have long term flair of staying in it,not just to run it for a while make money and be distracted.
My point has always been if you are able to save such an amount from a legit business,you are good to go,all you need is just to go to forum like this and listen to genuine business advise.
My guy ₦3m no go reach you live for a whole year in europe or North America without paper.
|Re: Wasting Fortunes On Futile Efforts by Fidelismaria: 8:38pm On Jan 08, 2021|
Nigerians have started to over use this start a business advice, not everyone can be a business man or woman.
Some need to migrate, some needs to be employed etc, we all can't be business men.
Besides, everything is against you in Nigeria, from employees that want to ruin you to customers that always want things on credit.
Let not forget Nigeria business policies and laws are not favourable to the common man, you cannot get a bank loan, even if you get one, interest rate will choke you.
The troubles of starting a business in Nigeria are just too much and most times don't even Worth it.
|Re: Wasting Fortunes On Futile Efforts by privaldo: 12:10am On Jan 09, 2021|
I wanted to write a counter thread on this earlier on but it slipped my mind.
Nigerians (especially on Nairaland and Twitter) are in the habit of believing they know what's best for the next person and it's a really disgusting attitude. What works for you, may not work for the next person. If a person has made up his/her mind to leave the country, you should let them be with their decision it's purely their choice and you're in no position to tell them to back off or even insult them for their choice.
Many of you who go ranting on several threads forget that part of what contributes to the country's GDP is "Diaspora Remittance". Now ask yourself how will this money come in, when you keep trying to discourage people from leaving the country.
Some people relocate so that they can enjoy a working system which they can't get here, and the idea of discouraging people with talks of racism is silly, now tell me what's the difference between racism, and the tribalism/religious intolerance that occurs in the country. Racism has never taken people's live in mass outside Nigeria but religious intolerance/tribalism has caused so many Nigerians there lives.
Also, some people come with their idea of you being a second class citizen but that talk is also "hog wash". We all witnessed several Nigerians elected into various positions in the last U.S elections and some others appointed into various offices, now ask yourself are these policy makers second class citizens in the United States?
The system in these countries are built to reward people for their hard work and dedication unlike here where we practice nepotism aka "man-know-man" even if the person is unqualified.
Fellow Country Men, if you have the chance to leave the country or you wish to leave the country, and you have the resources please do. Stop listening to some "Dangote wanna be", who wants to stay back and try their luck or hope for the best.
If you want to stay back, there is no problem but stop coercing others and trying to shove your decision down their throat.
|Re: Wasting Fortunes On Futile Efforts by Grace001: 12:44am On Jan 09, 2021|
What most of you “business idea gang” has refused to remind yourself is that , MONEY isn’t the only thing that motivate people from jetting out of the country.
Some people jet out just because they are tired of the “suffering and smiling life” so they want to start a new life in a country where the system works and raise kids in a sane environment where their kids can become whosoever they want to become without knowing Oga at the top
Everything isn’t about money, what’s the essence of it after hustling to make money as a business idea lord/guru and still be in a country where
Health system is in comatose
Education is nothing to talk about(ASUU on strike since last year)
Electricity is epileptic/rockets science
Roads has became death traps
Insecurity everywhere “1001 ways to die in Nigeria”
Unstable government policies that frustrate citizens
And lots more
In the midst of all these, yet you’re feeling like king isnt it? Just because you’re making the money
Another daft statement some people say is “let’s stay and build or make our country great”
The question is how can a common man build or make a country great, when those that are elected Into power to make positive decision to better the life of the masses has refused to do so. Government policies have a great impact in citizens lives
Nigerians have been clamoring for restructuring, but those who can make it happen has refused to do the needful. How does the input of the common man count in a corrupt failed country ? So much to talk about but let me stop here.
I will say this again. Life is good, for those who want to enjoy it to the fullest If you have the means to leave this country, leave and don’t think twice. Your grandchildren will forever be thankful to you.
|Re: Wasting Fortunes On Futile Efforts by Solatium(m): 9:18am On Jan 09, 2021|
A Common man can contribute his/her own quota to nation building,it is the quota from everyone that build a nation,Europe, America wasn't built by leadership effort alone,it was built and maintain by the followers,the leaders only give direction.
The same number of you who blame leaders for everything will still go home and bypass your electric meter,the same common man who claim to be victim is the one who sits at his/her office and demand bribes to do what he's being paid monthly to do.
Large number of you are worse than the leaders you castigate.
The same set of people who cast aspersions at the nation,who sees no hope will be back after 10yrs to come and invest in the same shitty country,90% of you who had left will be back when you 65yr and above to come and enjoy your so called retirement at home,some of you will be back with terminal disease and will pass on the burden of looking after you to your relations who never left,your children that had left with you wont be here to look after you,it is still the same sys6and people you are running down that will take care of you at your old age as most of you can't live in old people's home abroad.
what does that say about you?
HYPOCRITE in capital letters
It is not everyone that left with their kids that those kids get to give them joy,Check the Private schools scattered all around the country to see the number of rotten kids being shipped home to have their life mended.
Check with those Nigerians in UK and US,they will tell you the number of Nigerian kids in prison or remand home,they will give you the statistics of Nigerian kids who had dropped out of school.
|Re: Wasting Fortunes On Futile Efforts by babakb: 9:40am On Jan 09, 2021|
Even the Nigerian government borrows money from Abroad every day, the have shown us the way, we will japa go Abroad too.
|Re: Wasting Fortunes On Futile Efforts by Raph82(m): 9:48am On Jan 09, 2021|
To me, there's no amount of sermon anybody can preach to me that will convince me about this country. I've had enough bitter experiences in my life that will never make me trust this system for life. My brother, if people tell u their stories in life, u won't be talking of staying back here to invest one stupid '3 million naira' into business here. I invested over 4 million naira into farming in 2014, Fulani men drove their cattle to the field and destroyed the entire farm overnight. I'm still suffering from the loss till date. Well, u can convince me sha, by giving me a grant of 25 million naira to start all over. May be I will consider your offer.
|Re: Wasting Fortunes On Futile Efforts by Grace001: 1:46pm On Jan 09, 2021|
You’re still not getting my point. No offense please but It seem like you don’t know the importance of strong government institutions in the lives of the citizens and the impact in the society. Nigeria as a country have a weak government institutions.
Nigeria’s institutions are not able to protect live and property, laws and regulations are not enforced properly, the government is not being able to offer social support as there’s no access to a good level of medical care and mental health support. Nigeria’s institutions are weak because their institutions have failed to build infrastructures stable for development. Yet you want citizens to be law and abiding and also to contribute their quota in a fail system.
Let me remind you that be it white or black all humans have criminal tendencies. According to psychologist. I guess you don’t know that, the presence of strong government institutions plays an important role in shaping the behavior of the citizens. Strong government institutions guide economic, shape how budgets are spent, and regulate the justice system. When institutions are weak and corrupt, resources are wasted, services aren’t delivered, and people (especially the poor) do not receive the required protection(Life has no value in Nigeria people die like chicken in the hands of bandits, kidnappers etc) .
Having said that, the fact still remain that it’s only those that are elected as leaders that can strengthen the government institutions to bring positive changes in the society and this changes will shape the behavior of the citizens, better their lives and also give them an enabling environment to contribute their quotas as citizens.
Let me remind you again, China passed into law death penalty for any public office holder find guilty of corruption or financial bribery. You think Chinese aren’t corrupt ? Your answer is as good as mine, the strong institutions has shaped Chinese behavior and that of their society. Why has Nigerian elected leaders refuse to pass this into law ? Because they know a strong government institutions will stop them from looting and oppressing citizens.
Here in Nigeria people get away with corrupt or wicked act because the system is weak. Are you surprise that majority of Nigerians that travel abroad try not to beat the system, few who try to play smart pay the price heavily because there are strong institutions on ground to deal with them.
With all said above, if you still think the input of a common man in Nigeria will make a difference in the absence of strong government institutions that can deliver justice and equity for all.
Then you can as well believe that someday a pig will fly.
|Re: Wasting Fortunes On Futile Efforts by Solatium(m): 4:00pm On Jan 09, 2021|
We are saying the same in different way and format, unfortunately you were even waiting for me to break down it for you completely.
The so called strong institution EXIST in Nigeria,it is the people that made them weak, Yes the same common man who claimed to be a victim of the system made the system handicap.
I will cite few examples for you here and if you still want to contend that i wish you good luck.
NIMC was set up for everyone to get on it for proper planning and security,your Common Man who claimed to be a victim are the one in charge of operations,they disabled the system to make people queue up so they can fleece them,it is on record that those who are getting NIN pay nothing less than ₦2k, my wife paid ₦5k to have it done,this was even before the directives.
You can't get Nigeria passport with ease,even for those of us who have been on our 4th cycle of passport,renewal is always war,Drivers licences won't make it out until you grease palms.
Are you paying to Buhari family or the governor's family? it is your brother and my sisters who decided to set up barricades for their fellow country men to make things difficult and we all think the system will work or the institution will be strong?
Police is a very strong institution,those officers are Nigerians,they got employed and were given training and pay salary,try and have anything to do at the police station,you will be required to pay bribe.
All facet's of our life is riddle with corruption,are all these facet's populated by political class?
China you referenced is able to develop to that point because their leaders are AUTHORITARIAN ditto United States government,try and do anyhow and see what will happen within seconds,if such a law should be promulgated here or anyone trying to enforce it una go come out for twitter dey protest.
i don't know your age,but if you are old enough to witnessed Buhari regime as military president you would have an idea of what I am saying.
Go and check how Nigerian ran down South Africa,go to the US and see their reaction towards Nigerians, European Nations have special laws and ways of deali6with us when compared to other African Nations.
Yes our infrastructural development is not good enough,but the little we are managing are been destroyed or vandalized at any slightest provocation,Check how many people were sent to bankruptcy during EndSars protest,How about public amenities that were destroyed?
Citizens of Those countries you intend to run to do not support evil,they protect themselves and the Institution,that is why the whole place is progressive and peaceful.
Nothing will change until when we change our ways.
|Re: Wasting Fortunes On Futile Efforts by themaestro08(m): 7:02pm On Jan 09, 2021|
Dude what are you talking about? A lot of commenters up there have give good arguments, superior to yours,but surprisingly, you still are not getting the point.
The simple answer to your initial question is quality of life - Money is not everything, that 3m that looks huge to you is nothing compared to the topnotch quality of life you get in a developed country.
However, as someone said(in this thread), "inclusive institutions" shapes a country, and is primarily what makes or break it. Take it or leave it". It is well known fact. There are lots of podcast and books by experts explaining this phenomenon among them is "why are some nations rich" by the BBC world service, experts compared Norway with seria Leone, why is the former rich and the latter poor? There is a town in North America called Nogalles, half of it is in Mexico while the other in USA, the disparity in wealth and quality of life between these two sides is striking - the half in US is more prosperous, safer and offers more opportunities while reverse is the case for its southern side. But Why? Despite them sharing same culture and traditions? It all boils down to good institutions which oversee and govern the lives of people living in that particular city/ country.
It has little to nothing to do with individual character as you insinuated (totally wrong), far from it, nor religiosity.
I hope you get my point.
|Re: Wasting Fortunes On Futile Efforts by themaestro08(m): 7:13pm On Jan 09, 2021|
You are still revolving round one point - inclusive institutions.
Your analogy of your wife fast-tracking her NIN card underlies this perfectly. You see, In Germany or Switzerland or any other developed countries, you can't cut corners, even if you do its gonna be tough, difficult and perilous. There are institutions saddled with the responsibility of holding Office holders accountable and responsible for their actions. Besides they are well paid and well taken care off. A US police
Officer earns more than a commissioner of police of a state. It tells you more, and more importantly corruption is seriously frown upon in societies.
Former south Korean president is currently serving 23 years jail time for abuse of power and gross misconduct. Unthinkable in a developing countries particularly Nigeria. Why? Very weak institutions.
I can go on and on but I think you should understand where I'm coming from.
|Re: Wasting Fortunes On Futile Efforts by Solatium(m): 7:27pm On Jan 09, 2021|
Institution aren't strong without people.
When people are resolute the institution will even become stronger.
when Buhari came out and got some judges arrested to preserve what is left of the judiciary,no be una dey cal am tyrant?
US and other countries institution were not strong on book,it is the people that put their feet down and said it must work.
Do we have that kind of resolution ? No
it is not how much you earn that makes you to be corrupt or not to be corrupt.
People in NNPC,CBN and other top government agencies earn more than enough yet they steal.
Some earn less at LG council and they did not steal Kobo.
My wife never fast track her NIN reg,she went there like every other person,but the forms were hoarded until someone told her that she won't get it done even if she comes 200 times except she paths with money.
it is the same stories all over the country
|Re: Wasting Fortunes On Futile Efforts by ednut1(m): 7:57pm On Jan 09, 2021|
Solatium:You are beating around the bush lol. Nigeria will not get better if you love yourself flee
|Re: Wasting Fortunes On Futile Efforts by Grace001: 8:02pm On Jan 09, 2021|
Respect!!! You raised valid points. But I’m of the opinion that most of these issues are still caused by weak government institutions.
|Re: Wasting Fortunes On Futile Efforts by 79733139(m): 8:14pm On Jan 09, 2021|
Not everyone wants to start a business, some people simply want to be professionals that earn a decent income and live in a sane and organised country. N3 million would not shield you from Nigeria's many problems.
|Re: Wasting Fortunes On Futile Efforts by tensazangetsu20(m): 8:15pm On Jan 09, 2021|
The poster is buharist and a paid member of the BMC crew. Avoid commenting for your sanity.
|Re: Wasting Fortunes On Futile Efforts by babakb: 8:22pm On Jan 09, 2021|
Now you are beginning to sound like an APC supporter......
|Re: Wasting Fortunes On Futile Efforts by Solatium(m): 8:22pm On Jan 09, 2021|
You will flee back when you are old and weak,when you are about to be moved and abandon at old people home.
|Re: Wasting Fortunes On Futile Efforts by Solatium(m): 8:26pm On Jan 09, 2021|
No na Buhari gan gan I be
|Re: Wasting Fortunes On Futile Efforts by ednut1(m): 8:27pm On Jan 09, 2021|
Solatium:would rather go to ghana or Gambia than return to Nigeria. At least i better pass you wey fit don die because you could not afford 6m for surgery in India
|Re: Wasting Fortunes On Futile Efforts by Solatium(m): 8:47pm On Jan 09, 2021|
And you think ghanaian or gambians will admit liability into the country?
You think all other countries are stupid and senseless like some of you Nigerians?
Dey there make u dey fool yourself
|Re: Wasting Fortunes On Futile Efforts by ednut1(m): 8:58pm On Jan 09, 2021|
Solatium:not replying to you anymore. You kuku lack sense. Leave who wan migrate to migrate. Get busy with your own life. Bye
|Re: Wasting Fortunes On Futile Efforts by babakb: 9:21pm On Jan 09, 2021|
As we speak your FG is still waiting for another 5 Billion dollar loans from China.
|Re: Wasting Fortunes On Futile Efforts by Solatium(m): 9:33pm On Jan 09, 2021|
How is that s problem?
Do banks/ lenders give money to those who don't have repayment capacity?
Some of you are not physically lazy,you are also mentally handicap.
How will you fit into the so called sane society you are migrating to?
|Re: Wasting Fortunes On Futile Efforts by Solatium(m): 9:36pm On Jan 09, 2021|
Who dey hold you?
Simple mental sums you can't do.
Foreign Nations are not looking for leeches,they are looking for assets which i am cork sure you are not
|Re: Wasting Fortunes On Futile Efforts by Solatium(m): 9:40pm On Jan 09, 2021|
[quote author=ednut1 post=97894989]not replying to you anymore. You kuku lack sense. Leave who wan migrate to migrate. Get
|Re: Wasting Fortunes On Futile Efforts by ednut1(m): 10:13pm On Jan 09, 2021|
Solatium:if you must know I do the same work I used to do back in Nigeria in canada. Find another thing talk. I’m contributing taxes to the economy
|Re: Wasting Fortunes On Futile Efforts by damoceile: 12:08am On Jan 10, 2021|
So u think i will have the said ₦3m and set up a business here, tho I so much have passion for agriculture but bros I no go think twice before running Poland or UAE work visa with it, after 15—20yrs if the country is conducive enough I fit come set something here.
Suffering and smiling don tire me biko
|Re: Wasting Fortunes On Futile Efforts by hammed71(m): 1:22am On Jan 10, 2021|
ednut1:bro stop replying him, he's not worth it. let them make Nigeria bether while we that have the chance to migrate go.
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