emmanuelewumi:



You can't expect a busy and highly successful doctor or lawyer to be a businessman, rather he can combine his busy schedules with Investment

Escapev:



Mr Emmanuel, funny enough I invested more than what you stated here oh. May be I'm just lucky .

Theconglomerate:
Infinity 850 naira for 375grams.
Kellogs 1100naira for 500grams.
Now tell me,which do you think will sell more?
Kellogs of course.
What if kellogs was 1700?

If you want foreign,be ready to pay the price for it.

emmanuelewumi:



Google Gbenga Oyebode, he is a commercial/corporate lawyer and also a billionaire in naira. He built his wealth by investing his money in the last 35 years. He render his professional service to corporations like Nestle, Custodian and Allied Insurance, Okomu Oil, Access Bank, Coscharis group, Oando just to mention a few.

He has 100 million shares of MTN earning dividends of over N700 million

Over 60 million shares of Access Bank earning dividends of over N22 million

Over 35 million shares of Okomu Oil and Rubber. Earning dividend of N140 million, N70 million was paid early this year another was few weeks ago.

Smart people will prefer to own 1% of successful businesses, rather than owning 100% of a struggling business.

He made over N140 million from Okomu, an Agricultural company. He doesn't have to reinvent the wheel by starting all over trying to own his own farm.


There are many successful professionals like doctors, Architects, Media professionals, Accountants, Corporate executives, Engineers, Estate surveyors etc who are more comfortable consistently investing their money rather than starting a business.

Nigsrdumb:




If price is the sole determinant of consumer choice and given that Nigeria is a poor country, most should be buying nasco instead of kellogs, but i don't see that happening, your average middle class will still go for kellogs whilst the poorest of the poor will settle for pap.
In addition, why is the focus not on how to improve local production capacity inorder reduce prices further rather than devaluing?
What really drives an economy is innovation, there's a reason why the production capacity is low.

emmanuelewumi:



Google Gbenga Oyebode, he is a commercial/corporate lawyer and also a billionaire in naira. He built his wealth by investing his money in the last 35 years. He render his professional service to corporations like Nestle, Custodian and Allied Insurance, Okomu Oil, Access Bank, Coscharis group, Oando just to mention a few.

He has 100 million shares of MTN earning dividends of over N700 million

Over 60 million shares of Access Bank earning dividends of over N22 million

Over 35 million shares of Okomu Oil and Rubber. Earning dividend of N140 million, N70 million was paid early this year another was few weeks ago.

Smart people will prefer to own 1% of successful businesses, rather than owning 100% of a struggling business.

He made over N140 million from Okomu, an Agricultural company. He doesn't have to reinvent the wheel by starting all over trying to own his own farm.


There are many successful professionals like doctors, Architects, Media professionals, Accountants, Corporate executives, Engineers, Estate surveyors etc who are more comfortable consistently investing their money rather than starting a business.

emmanuelewumi:



Business is not for everybody, but investment is for everyone.

Crazeworld:
How are you sure Infinity won't rise to 1,400 naira as well?

vacanci:


Did you send a mail to them requesting whether you were successful or not before you got the mail?

XiaoLi:
Thank you all for your advise, i tried all the peaceful ways advised here to resolve with the tenant but none worked since she is a very troublesome person, I'm glad to finally announce that @Barrytone's advise below worked perfectly without much stress and begging. Our people say when an animal learn to run without stopping the hunter will learn to shoot without targeting, this is a pure example of it!

koonbey:


Very good.

Just to add that the A. Ighodalo that is the third name there is also a lawyer and owner of a top law firm.

shogbenga:

Oga Emma, this is a challenge to us

Theconglomerate:
How do we increase local production capacity when we lack infrastructure,raw materials and capital?
Abi if I say make you bring $1B make we do business,you go bring am?
We know what we lack but rather than complain,we can take proactive measures to mitigate our losses.
What kind of country allow imports to be in the same price range as local produce?
Nigeria is crazy I swear.

Theconglomerate:
Because infinity is not the only one producing in Nigeria.
There is Nasco and a host of others I can't mention looking for ways to own Nigeria market share.
So if infinity rise to 1400,nasco may sell for 1000 or even maintain old price
It happened in 2016,indomie hungryman moved only to 120naira whereas foreign remedy went craaazyy

Barrytone:


Am glad it worked, now you can enjoy your peace and the enemy can fight from outside if she wish. Enemies within are dangerous, always try to push them farther. If not for repentance, would have also advised you auction her properties but let's don't act like them. Peace of mind is golden. As for me, am rejecting tenants for now, they should hold their 300k problems.

Aquilapriscilla:
We shouldn't be surprised. We were far more productive in 1980 than we are today
In 1980 the key metric are as follows:
1) we were a net exporter of refined petroleum products. Today we import all our refined petroleum products.
2) We rode in locally assembled cars, buses and trucks. Peugeot cars in Kaduna and Volkswagen cars in Lagos. Leyland in Ibadan and ANAMCO in Enugu produce our buses and trucks. Steyr at Bauchi producing our Agricultural tractors. And it is not just Assembly, we were producing many of the components. Vono products in Lagos producing the seats. Exide in Ibadan producing the batteries, not just for Nigeria but for the entire West Africa. Isoglass and TSG in Ibadan producing the windshields. Ferodo in Ibadan producing the brake pads and disc. Tyres produced by Dunlop in Lagos and Mitchellin in Portharcourt. And I mean tyres produced from rubber plantations located in Rivers State.
3) We were listening to Radio and watching television sets assembled in Ibadan by Sanyo.
4) We were using refrigerators, freezers and Airconditioners produced by Thermocool.
5) We were wearing clothes produced from the UNTL textile mills in Kaduna and Chellarams in Lagos. Not from imported cotton but from cotton grown in Nigeria.
6) Our water were running through pipes produced by Kwalipipe in Kano.
7) Our toilets were were fitted with WC produced at Kano and Abeokuta.
We were cooking with LPG gas stored inside gas cylinders produced at the NGC factory in Ibadan.
9) Our electricity was flowing through cables produced by the Nigerian wire and Cable, Ibadan and Kablemetal in Lagos and Portharcourt.
10) We had Bata and Lennards producing the shoes we were wearing. Not from imported leathers but from locally tanned leather at Kaduna.
11) We were mainly flying our airways, the Nigeria Airways, to most places in the world. The Airways was about the biggest in Africa at that time.
12) Most of the food we ate were being grown or produced in Nigeria.
We were producing all of the above and more in 1980
Today, we import almost everything. There lies the source of the terrible exchange rate we are experiencing today and everybody on this platform has a critical role to play in reversing the ugly trend.
It is not enough for us to complain about the exchange rate or bring out what others are not doing or are failing to do, the key question is what are you producing or what are you planning to produce?


I saw this on a WhatsApp group and decided to share
To me I think, our leaders have the greater part of the work to do in transforming this country
Key areas that need attention in this country are
Infrastructure especially road
Security
Education

arduino:

With increased capacity in rice production couple with high import duty on importer rice, local rice still maintain almost same price band with foreign counterparts.
This clearly shows that Devaluation may not be the magic wand after all.

XiaoLi:
Thank you all for your advise, i tried all the peaceful ways advised here to resolve with the tenant but none worked since she is a very troublesome person, I'm glad to finally announce that @Barrytone's advise below worked perfectly without much stress and begging. Our people say when an animal learn to run without stopping the hunter will learn to shoot without targeting, this is a pure example of it!

oludy:


This should be cast on marble. Well said. We could even rename this thread with this quote!!!

Barrytone:


Am glad it worked, now you can enjoy your peace and the enemy can fight from outside if she wish. Enemies within are dangerous, always try to push them farther. If not for repentance, would have also advised you auction her properties but let's don't act like them. Peace of mind is golden. As for me, am rejecting tenants for now, they should hold their 300k problems.

Godbpraised:
I beg which strategydid you give him to use again.

emmanuelewumi:



Google Gbenga Oyebode, he is a commercial/corporate lawyer and also a billionaire in naira. He built his wealth by investing his money in the last 35 years. He render his professional service to corporations like Nestle, Custodian and Allied Insurance, Okomu Oil, Access Bank, Coscharis group, Oando just to mention a few.

He has 100 million shares of MTN earning dividends of over N700 million

Over 60 million shares of Access Bank earning dividends of over N22 million

Over 35 million shares of Okomu Oil and Rubber. Earning dividend of N140 million, N70 million was paid early this year another was few weeks ago.

Smart people will prefer to own 1% of successful businesses, rather than owning 100% of a struggling business.

He made over N140 million from Okomu, an Agricultural company. He doesn't have to reinvent the wheel by starting all over trying to own his own farm.


There are many successful professionals like doctors, Architects, Media professionals, Accountants, Corporate executives, Engineers, Estate surveyors etc who are more comfortable consistently investing their money rather than starting a business.

koonbey:


Some of us don't deal in opinion or anecdotes. We prefer facts and figures.

So...of all the people doing business whom you know, how many are within this category?

Give us a percentage. Feel free to estimate, please.

delawal:

am in dt category and so is many dudes i know, reread my post dt u quoted maybe u,can read,in,anoda sense into it. am telling u abt hearsay am telljng u from,experience.

emmasoft:

Now that we know sukuk bond was heavily oversubscribed, I will advice investors look the way of VGIF. As you get your excess cash or return money, channel it to VGIF it's still reasonable at this time with Gurranteed rate of 8.5% and extra 35% of funds gains, it will be a good investment choice.
Call 08181057319 or click link on my signature to open account.

hollerbaby:


Please explain the 35%

emmaodet:


Bro, you won't blame most of these people.
They are schooled and trained in class all their lives for the formal sector (working in an office etc, wearing suit and pressing computer inside AC). They are not trained for the life on the street or the informal sector that is driving most of nigeria industry.
They are scared of investing, trying their hands on ideas or floating their own businesses. They are scared of Failing so will chicken out and settle for less by buying bonds and TB instead facing their own fears and if they come out victorious, we smile and eat the fruit of their labor.
They will rather go for a 7% investment, rent apartment, furnish and using their 2.2kw gen and start breeding like rabbits.
There is more to life out there.
It is a big world, make the world your class room and not confine yourself to a small world

emmanuelewumi:



We have quite a number of highly successful billionaire corporate and commercial lawyer.

Afe Babalola
Ajayi Olaniwun and co
Aluko Oyebode and co
Banwo and Ighodalo and co
Just to mention a few.

The VP is also a corporate/commercial lawyer.

These group of lawyers are versed in business and how the corporate world operates, so they have the necessary information and knowledge needed to make sound investment decisions