pocohantas:


Yes to Jesus.
Yes to an endorsement deal.

Nothing to say it is a man. She just wan tension Israel and make us talk. Expect his Edo curses in 3,2,1...

BlueRayDick:


U have a point that one may not get back his profit after 10 years, but u will be getting profit in real time while the business remains profitable na.

I think this whole thing is about money allusion we have in this part of the world sha.

I don't know how to explain it , but let's look at it this way.

1. I have 40m and I invest it into let's say selling roofing sheets. Let's say on a monthly basis I make a profit of N1m from my investment which I plough N500k back into the business and I either spend the balance N500k or reinvest it into the business. Let's say in the 10th year there's recession and somehow I lose all my business capital.

2. U have N40m and u bought a land and after 10 years u can sell the land for N100m.

Some people would think u took the wise decision of investing N40m 10 years ago which now fetch u N100m. But what they are ignoring is the fact that for 9 straight years I had access to profit of N12m annually (From the N1m profit per month) which translated to N108m. If the business didn't crash I would still have N40m capital sef plus the N108m.

Remember I was getting my profit in real time, not waiting for 10 years when N40m of yesteryears may even worth more than N100m of today

Emaprince:
If LASG take over the land nkor

Emaprince:
If LASG take over the land nkor

izzou:


The business sef fit don fold up at at today.

raumdeuter:
Any child of God to summarize what is happening with Erisco food saga to me?

raumdeuter:
Any child of God to summarize what is happening with Erisco food saga to me?

BlueRayDick:




But some landlords are cool like that. I know someone too who was lucky like that for a long time like that too. Na under Buhari administration the baba later increase the rent o

Itsrm:


Leave them. They don't know what is called grace

Most people here na heathen

GloriousGbola:


If you can settle for lapsed muslim...

One lady bought erisco tomato paste, was not happy with it and did social media post criticising the product. Should not be a big deal. But the owner of erisco foods maybe frustrated by different business challenges took it personally and did a Nigerian big man thing. Got her arrested.


The lady ran to the courts of social media to plead her case. One would have thought oga erisco would have died the matter as it is now in SM and putting him in a bad light, but he is going through with the prosecution.

As a naija matter twitter has raised money for her defense and the case is in court. That is a very very rough summary.

I believe BlueRayDick really followed the story when it first broke.

The erisco guy no try sha.should probably have made a show of inviting her to their factory or something and make his product go viral. But I guess he is not that media savvy.

iamoyindamola:
Are you sure the landlord is not your inlaw

BlueRayDick:




Don't tell me baba still go do testimony for church ?

Ellexy:
So God no fit protect person again?

BlueRayDick:


Another angu!

Make e no be like all this Yoruba radio programme wey dem dey share stories of their listeners.

There was one like that, the man sent in his story and asked for advice. The man travelled abroad but had issues with his papers so he was deported back to naija tho with some cash. Before he arrived , he asked his wife to look for a more conducive apartment they can stay as a family for which he provided cash after which they moved in.

Years down the line, baba was doing well in his business and one thing led to the other , he wanted to meet the landlord to discuss renovations of the building , but his wife only provided the agent number which she claims is the one she pays to yearly. The man met the agent and after probing and probing, the agent gave him phone number of the landlord who turned out to be his father-in-law. The man now met the father-in-law to confront him man-to-man say wetin dey sup?

The father-in-law had no choice but to open up that the wife actually owns the building but cos she knows her husband may not want to live in the house built by her out of pride, she had to use the agent as decoy and the agent deals with the father-in-law who didn't disclose his relationship with his daughter to the agent.

The man is angry with the fact that he has been paying rent to his wife for years . He dey ask for advice for radio programme.

airmark:


My dad was a major importer of office equipment in the 80s and 90s and business was thriving until drug barons started using drug funds to import same goods and selling at ridiculous prices to quickly recoup their ill-gotten money. He couldn't keep up and got chased out of business.

Today at old age, he is feeding off his investments in properties and his children. Business shut down and those millions invested then in blue chip stocks are now cowries.

airmark:


My dad was a major importer of office equipment in the 80s and 90s and business was thriving until drug barons started using drug funds to import same goods and selling at ridiculous prices to quickly recoup their ill-gotten money. He couldn't keep up and got chased out of business.

Today at old age, he is feeding off his investments in properties and his children. Business shut down and those millions invested then in blue chip stocks are now cowries.

Olowunl01:


Please help me tell them, there is a clear difference between building house for luxury vs investment. Most parents advise build 6 Flats, live in one generate income from the remaining 5, whilst watching your investment appreciate with time.

Not long ago here we discussed the Nigerian Stock Market crash, where so called blue-chip stocks became worthless.

Also, it's always advised to have a diversified investment portfolio, which should include property investment.

Sometime last year had discussion here on property investment with the Dayo, Ibime and a few others I had bought an apartment in PH1, whilst appreciation in current prices has ensured that Naira devaluation had no impact, If my projections prove to be right, I would achieve 5% RoI with added benefits of personal usage.

Like with any other INVESTMENT, due diligence is required to ascertain suitability, so the olden days advice is still valid today IMHO.

iamoyindamola:

https://yotu.be/xHt-DrUUdRc?si=Mn-xVkcJKT6KstRj

there you go, the ceo of that company giran gan

GloriousGbola:


If you can settle for lapsed muslim...

One lady bought erisco tomato paste, was not happy with it and did social media post criticising the product. Should not be a big deal. But the owner of erisco foods maybe frustrated by different business challenges took it personally and did a Nigerian big man thing. Got her arrested.


The lady ran to the courts of social media to plead her case. One would have thought oga erisco would have died the matter as it is now in SM and putting him in a bad light, but he is going through with the prosecution.
As a naija matter twitter has raised money for her defense and the case is in court. That is a very very rough summary.
I believe BlueRayDick really followed the story when it first broke.
The erisco guy no try sha.should probably have made a show of inviting her to their factory or something and make his product go viral. But I guess he is not that media savvy.

raumdeuter:


I can see how the Naija factor came into this. Instead of the Mr Eric taking legal matters the normal way, he went about it the Naija big men route, Say I will show you the extent of my power

The lady when she was unsatisfied with the product instead of channeling the complain the right way, she went to Twitter and claimed their products were killing people

I have always had issues with jumping on SM to take down people and their means of livelihood. This Erisco guy probably taken loan which he guaranteed with personal asset. And you just want to flippantly take it down. If you don't like the product buy another one. or reach out to SON(Standard Organization of Nigeria)

No be everybody get chill for SM madness, you move mad, they follow you move mad. Whatever right you think you have, Some people are crazier and can touch you

Oga Eric used his power as a big man on ground, Chioma use her power in Social Media

Oga Eric please have mercy on her and forgive, Na small pikin she be

Theflint1:
I'm sure the man has been asking himself in his quiet moments why it's yet to get to this stage, where he'd administer forgiveness on her the usual Nigerian big man style, with lots of showy peity and enough dismissiveness to show that she's a riffraff not really worth his time.

The Erisco man is clearly out of touch with the times, and he's using his stubborn head to Bleep his business up... Na e lawyer wey wan go front of judge prove now "ki***ling" necessarily means killing, and how a customer that paid for an item doesn't have the right to post their review of said item.

raumdeuter:
Happy birthday Blueraydick

https://www.nairaland.com/8030407/portable-celebrate-30th-birthday-picture

DonPablo9511:
https://www.nairaland.com/8029989/why-ladies-above-35-years#128929083

Pocohantas

Good afternoon

raumdeuter:


I can see how the Naija factor came into this. Instead of the Mr Eric taking legal matters the normal way, he went about it the Naija big men route, Say I will show you the extent of my power

The lady when she was unsatisfied with the product instead of channeling the complain the right way, she went to Twitter and claimed their products were killing people

I have always had issues with jumping on SM to take down people and their means of livelihood. This Erisco guy probably taken loan which he guaranteed with personal asset. And you just want to flippantly take it down. If you don't like the product buy another one. or reach out to SON(Standard Organization of Nigeria)

No be everybody get chill for SM madness, you move mad, they follow you move mad. Whatever right you think you have, Some people are crazier and can touch you

Oga Eric used his power as a big man on ground, Chioma use her power in Social Media

Oga Eric please have mercy on her and forgive, Na small pikin she be

Theflint1:
I'm sure the man has been asking himself in his quiet moments why it's yet to get to this stage, where he'd administer forgiveness on her the usual Nigerian big man style, with lots of showy peity and enough dismissiveness to show that she's a riffraff not really worth his time.

The Erisco man is clearly out of touch with the times, and he's using his stubborn head to Bleep his business up... Na e lawyer wey wan go front of judge prove now "ki***ling" necessarily means killing, and how a customer that paid for an item doesn't have the right to post their review of said item.