AllenSpencer:
Don’t let anybody lie you!

If you have saving and assets, sell it off and leave the country. Nigeria is heading nowhere.

I have a friend who sold all he has in Nigeria, and moved to the UK. He is currently changing diapers for adults and doing fine. Another one resigned from a bank in Nigeria and used all his assets and savings to Japa to US, hommie is currently lifting boxes at Amazon during the day and doing uber at night, and he is doing fine. You need to see their pictures on Facebook to confirm the big life they can afford.


You just need to be determined, in a space of 6 months , you should be able to recover all you sold in Nigeria.

Lol 🤣 you're gulible

justwise:


Yes and i can pretty much guess your next comment

well i will still say it, as someone who is currently paying off a mortgage, outright buying and mortgage are not the same.
Nigerians own their homes, banks own the homes of most Canadians. The difference becomes clearer if you fall on hard times.

DaddyCoool:


But you have good infrastructure and the police is NOT corrupt, bah?

Listen to her, not every you must find loopholes and talk back

Bede2u:
well i will still say it, as someone who is currently paying off a mortgage, outright buying and mortgage are not the same.
Nigerians own their homes, banks own the homes of most Canadians. The difference becomes clearer if you fall on hard times.

If this is your knowledge about mortgage why then did you go into it and not renting?

AllenSpencer:
Don’t let anybody lie you!

If you have saving and assets, sell it off and leave the country. Nigeria is heading nowhere.

I have a friend who sold all he has in Nigeria, and moved to the UK. He is currently changing diapers for adults and doing fine. Another one resigned from a bank in Nigeria and used all his assets and savings to Japa to US, hommie is currently lifting boxes at Amazon during the day and doing uber at night, and he is doing fine. You need to see their pictures on Facebook to confirm the big life they can afford.

You just need to be determined, in a space of 6 months , you should be able to recover all you sold in Nigeria.

Is this not what she's saying? She didn't say immigrants working abroad are poor, she was saying that there is more to life than working yourself to death.
We all know that for many of our people living abroad, it is always work work work like a horse. The only time they rest is when they take leave and travel back home. Is that the life you want me to envy? Never!

DaddyCoool:


Well, maybe because you're a nonentity. They do it to ALMOST everyone

As soon as I exposed your evil lies about Nigeria, you immediately became enraged.

We shall keep exposing evil souls peddling lies about Nigeria

If you have criminal disposition why shouldn’t the police profile you? They do it in every country in the world

marlow1962:
Mtchew
Everybody who is dying to be known and has nothing reasonable to offer, they always talk about Japa. Tomorrow another human wit another RBG colored hair who has nothing to contribute and is desperate to be known will start talking about Japa, all trying to discourage people with good intentions that wants to explore other opportunities.

Go and explore now! No one is holding you back, na just advice for those who have ears. Come to think of it, can you even afford to japa now?

ShenTeh:
Wrong advise

If you are doing well financially in Nigeria, it is a good advice. And if you are not doing well, you still have to think about it very well as the immigration policies around the world have been unfavourably altered against japa

DyshApp:


https://thenationonlineng.net/why-you-shouldnt-japa-if-youre-doing-well-in-nigeria-candy-bleakz/

This will never ever discourage me from traveling abroad this Year. All this propaganda will never stop us. My plan is to get married to an oyinbo and raise my child overseas.

AllenSpencer:
Don’t let anybody lie you!

If you have saving and assets, sell it off and leave the country. Nigeria is heading nowhere.

I have a friend who sold all he has in Nigeria, and moved to the UK. He is currently changing diapers for adults and doing fine. Another one resigned from a bank in Nigeria and used all his assets and savings to Japa to US, hommie is currently lifting boxes at Amazon during the day and doing uber at night, and he is doing fine. You need to see their pictures on Facebook to confirm the big life they can afford.


You just need to be determined, in a space of 6 months , you should be able to recover all you sold in Nigeria.

I have sold my family property already

maasoap:

Listen to her, not every you must find loopholes and talk back

Don't they have good infrastructure and the police NOT corrupt almost at all?

NOETHNICITY:
As soon as I exposed your evil lies about Nigeria, you immediately became enraged.

We shall keep exposing evil souls peddling lies about Nigeria

If you have criminal disposition why shouldn’t the police profile you? They do it in every country in the world

I'm not enraged at all. I only stated a fact - our Police is fantastically corrupt!

Hassanmaye:

I have sold my family property already

Good.

Now proceed with traveling. You will recover all in 6 months.

maasoap:


Go and explore now! No one is holding you back, na just advice for those who have ears. Come to think of it, can you even afford to japa now?

I don't Japa, I travel out. My most of my families are all in Europe and Asia.

justwise:


If this is your knowledge about mortgage why then did you go into it and not renting?

because it's still better than renting but worse than outright purchase

maasoap:


Is this not what she's saying? She didn't say immigrants working abroad are poor, she was saying that there is more to life than working yourself to death.
We all know that for many of our people living abroad, it is always work work work like a horse. The only time they rest is when they take leave and travel back home. Is that the life you want me to envy? Never!

You are just generalising.

Bede2u:
because it's still better than renting but worse than outright purchase

You really lack finanacial education.

Even the mega rich don't pay outright even as they have the money

justwise:
[/b]

You really lack finanacial education.

Even the mega rich don't pay outright even as they have the money

lol, I'm an accountant. Giving financial education is my job.
Interest rates and credit risk means the house you were sold 1 million cad would end up costing you over 1.3 million cad when paying instalments.
How do you think banks make their money!
The only time I suggest credit is credit cards. The interest rate is low and the soft loan comes in handy and increases your credit score once you pay. But if you can afford to pay outright, always choose that option, chances are you are getting it cheaper

geoworldedu:
I have a friend who japa to the UK. He was telling me to find all means to japa too. The other one who went to the US said the same thing. He questioned whether I actually have japa plans, I told him it's the money involved o. So I wonder where all these people discouraging japa are from.

the discouragement shouldn't come in. People should be left to make their choices. Truly, the weather is something else, you would be so bored, especially for one who is used to communal or social life. All you do is work work and work. Especially in the UK. However, if you still remember what the home front was, you wouldn't mind.

DaddyCoool:
Difference is, in our beautiful country ALL cops are corrupt

Na you sabi

Bede2u:
lol, I'm an accountant. Giving financial education is my job.
Interest rates and credit risk means the house you were sold 1 million cad would end up costing you over 1.3 million cad when paying instalments.
How do you think banks make their money!
The only time I suggest credit is credit cards. The interest rate is low and the soft loan comes in handy and increases your credit score once you pay. But if you can afford to pay outright, always choose that option, chances are you are getting it cheaper

I think you should give yourself one, paying outright makes little or no financial sense unless you are not interested in building weath

shegzhkn:


@ bolded, how??

It developed a problem solving mindset in me. I no longer see things the way the average Nigerian does. I walked around Ikeja and I was taking notes of problem I could solve to make gazillion of money.

I don't complain about things and I find a way to take advantage of every situation.

I learned to work in groups forming meaningful alliances. I have become more nationalistic and Pan African. I already have two companies registered and eager to get to work.

It opened my eyes to the duplicity of religion and I dumped the church. I only attend church for social connection and yo advance myself in life not heaven or hell sulphite.

I left the country as an Accountant in the oil and Gas, I am back as a business man.
It made me realize that Nigeria's education from grade 1 to 12 is way better than what the kids have abroad, though the University education is better.
I lost fear for everything and learned to live. Living abroad opened my eyes to other African countries for investments.

It thought me how to fake friendships, how to fake a smile to get what I want and I realized, I will have more fun in Nigeria than anywhere else in the world.

I have traveled round the world and seek it all and, I will only visit but never live there anymore and you are guaranteed to lose your kids abroad.

maasoap:


Is this not what she's saying? She didn't say immigrants working abroad are poor, she was saying that there is more to life than working yourself to death.
We all know that for many of our people living abroad, it is always work work work like a horse. The only time they rest is when they take leave and travel back home. Is that the life you want me to envy? Never!

I get you! You feel all I stated up there is true? They don’t like the truth. If you tell them the truth, they won’t believe you and still insult you.

They love lies. Can’t you see all the likes I got.

justwise:


I think you should give yourself one, paying outright makes little or no financial sense unless you are not interested in building weath

no wahala, to each his own. Whatever works best for who

Bede2u:
you mean 'and mortgage one in Canada' if I hear say dem fit buy

So the average Joe in Lagos can buy a house abi? Rich people anywhere in the world can afford to pay cash for a house. You are comparing rich Nigerians to average Nigerians abroad. Compare average Nigerians in Nigeria and abroad.

Have you bought a house in Lagos before? Do you know how much it takes to buy a 3 bedroom terraced duplex? In common Ogudu, you can't buy anything reasonable with less than 200m naira not to talk of high brow areas of Lagos.

John is a brilliant Nigerian, graduated and got a job in Lagos where he earns 1m naira a month. Let's assume John will rely on his salary only, no corruption involvement to make extra money. Let's assume John will save 10m a year from his salary, how many years will John save up to 200m to buy a house in Ogudu? By the time he saves that amount the houses prices have jumped to 300m.
So what option does John have to buy a house in Lagos where he lives and work since he doesn't want to rent forever? Start looking for corrupt ways to enrich himself to make money faster, looking for somebody to use for rituals to make money, becoming a politician etc. With his legitimate income, he can never own a property in Lagos, this is why there is too much corruption and ritual killings in Nigeria.

However, if John lives abroad, the system tells John, get 5% of the cost of the house, we will give you mortgage to buy it. Pay the balance for 20 or 25 years. John buys the house and start enjoying it immediately while he keeps paying the balance. Each month John pays his mortgage, he reduces the amount he owes on the house. If after 5 years or anytime John gets tired of the house, he can sell it back and pay back the remaining balance he is owing on the house. Luckily for him, in most cases, the house he bought for 200m would have appreciated to like 210m after 5 years so he makes some good profit on the house.

So you can see that John can actually enjoy a better life without being rich or putting his hands into corruption or bad things to make crazy money. With this, there is less corruption in the society, nothing like ritual killings or desperation to make millions. Everybody benefits both rich and poor.
But Nigeria tells people like John to get rich or die trying, there is no in-between. The result is why our society is what it is today.

Most Nigerians abroad are common and average middle class Nigerians like your daily workers in Lagos. So if an average worker in Lagos can't cough out like 200m to buy a house outright in Lagos, how do you expect an average worker abroad to cough out hundreds of thousands of dollars to buy a house outright?

Kenn55:


So the average Joe in Lagos can buy a house abi? Rich people anywhere in the world can afford to pay cash for a house. You are comparing rich Nigerians to average Nigerians abroad. Compare average Nigerians in Nigeria and abroad.

Have you bought a house in Lagos before? Do you know how much it takes to buy a 3 bedroom terraced duplex? In common Ogudu, you can't buy anything reasonable with less than 200m naira not to talk of high brow areas of Lagos.

John is a brilliant Nigerian, graduated and got a job in Lagos where he earns 1m naira a month. Let's assume John will rely on his salary only, no corruption involvement to make extra money. Let's assume John will save 10m a year from his salary, how many years will John save up to 200m to buy a house in Ogudu? By the time he saves that amount the houses prices have jumped to 300m.
So what option does John have to buy a house in Lagos where he lives and work since he doesn't want to rent forever? Start looking for corrupt ways to enrich himself to make money faster, looking for somebody to use for rituals to make money, becoming a politician etc. With his legitimate income, he can never own a property in Lagos, this is why there is too much corruption and ritual killings in Nigeria.

However, if John lives abroad, the system tells John, get 5% of the cost of the house, we will give you mortgage to buy it. Pay the balance for 20 or 25 years. John buys the house and start enjoying it immediately while he keeps paying the balance. Each month John pays his mortgage, he reduces the amount he owes on the house. If after 5 years or anytime John gets tired of the house, he can sell it back and pay back the remaining balance he is owing on the house. Luckily for him, in most cases, the house he bought for 200m would have appreciated to like 210m after 5 years so he makes some good profit on the house.

So you can see that John can actually enjoy a better life without being rich or putting his hands into corruption or bad things to make crazy money. With this, there is less corruption in the society, nothing like ritual killings or desperation to make millions. Everybody benefits both rich and poor.
But Nigeria tells people like John to get rich or die trying, there is no in-between. The result is why our society is what it is today.

Most Nigerians abroad are common and average middle class Nigerians like your daily workers in Lagos. So if an average worker in Lagos can't cough out like 200m to buy a house outright in Lagos, how do you expect an average worker abroad to cough out hundreds of thousands of dollars to buy a house outright?

Good points you made, albeit long.
However you miss a few things.
1. The post was about upper class Nigerians throwing in the towel to move abroad because they believe 'naija don cast'. They may end up living a life below the standard they left behind. It doesn't include John. Someone earning 1m today is similar to someone who was earning 250k in 2015. They are not upper class Nigerians.

2. There are mortgage loans in Nigeria too. The criteria is different from abroad but it is there and thousands of Nigerians who know are using it.

3. Lagos is not the only city in Nigeria. There are at least 37 other cities. Most are cheaper than lagos. Less than 12% of Nigerians live in Lagos. 200 million duplex in enugu is a mansion.

DaddyCoool:


I'm not enraged at all. I only stated a fact - our Police is fantastically corrupt!

We know your types who believe that by exaggerating Nigeria’s problems you stand a chance of getting a visa!!!

NOETHNICITY:
We know your types who believe that by exaggerating Nigeria’s problems you stand a chance of getting a visa!!!

Are you saying NPF is NOT fantastically corrupt?

Bede2u:
Good points you made, albeit long.
However you miss a few things.
1. The post was about upper class Nigerians throwing in the towel to move abroad because they believe 'naija don cast'. They may end up living a life below the standard they left behind. It doesn't include John. Someone earning 1m today is similar to someone who was earning 250k in 2015. They are not upper class Nigerians.

2. There are mortgage loans in Nigeria too. The criteria is different from abroad but it is there and thousands of Nigerians who know are using it.

3. Lagos is not the only city in Nigeria. There are at least 37 other cities. Most are cheaper than lagos. Less than 12% of Nigerians live in Lagos. 200 million duplex in enugu is a mansion.

Relocating abroad has never been for the rich and poor. It is the middle class guys like John are the ones relocating.
What the rich guys do is to maintain one leg abroad but not to permanently live there. They can get foreign passport to aid their travels, access better healthcare in those countries, education for their kids etc but a middle class person can't do that so what do they do? They migrate.
The problem is that lots of people here can't separate between middle class and rich people. They expect middle class Nigerians abroad to compete with rich people in Nigeria just to win argument that Nigeria is the best thing since slice bread

Kenn55:

John is a brilliant Nigerian, graduated and got a job in Lagos where he earns 1m naira a month. Let's assume John will rely on his salary only, no corruption ?

A man making 1m monthly is not among the wealthy class that this article seeks to cover.

So you don’t know that Nigeria has perfectly running mortgage systems too?

Yesterday I was made to regret a fine mortage I turned down about 3yrs back in Abj.

DaddyCoool:


Are you saying NPF is NOT fantastically corrupt?

You said they harass everyone and that’s a BIG FAT LIE.

I live in Lagos and I drive standard beautiful car, and I have never been harassed

NOETHNICITY:
You said they harass everyone and that’s a BIG FAT LIE.

I live in Lagos and I drive standard beautiful car, and I have never been harassed

I never said they harras everybody. I even said you are a nonentity, why they won't harras you.
I did however say they are FANTASTICALLY CORRUPT!