₦airaland Forum

dangoteinlaw:
I realize that Nigerians enjoy the stress of spending money and making bus drivers richer because they like to be greeted morning and evening when returning from work. They will rather do a 100k work 3km far away than an 80k half kilometer.

Raydave:
Someone is earning 150k, wearing suit and going to work from Ketu to VI every morning.

Is that life?

tensazangetsu20:
Most of the people I know who got married recently don't even earn up to 120k a month.

nairalee:
Born a Nigerian
Born into a poor family
Born ugly
Born without connections
Born timid
Raised with threats of future failure if u don't follow the rules
Grow up under systemic failure
Marry fellow poor spouse
Give birth in poverty

THE VICIOUS CYCLE OF POVERTY CONTINUES

tensazangetsu20:
To be honest even outside the country the hustle continues but the difference is you see the results of your hardwork. You can plan stuff, work towards them and actually see the results manifesting but it's a whole different scenario in Nigeria. People who are still getting married and giving birth to Nigerian born children are some of the bravest human beings on earth.

John360comng:
All facts. Nigerian Employees no matter how nice you are to them will look for a way to steal wickedly from you.

I am currently thinking of how to solve this employee issue with my small business. I just fired one Niyi who was not only plotting to steal my phone with another staff just one week after he was employed. He was bullying another employee of mine to accept the stealing idea of his scheming to ensure that fuel purchase money was stolen and even came with some gang to threaten the other employee who was yet to agree to his theft idea.

The other girl, Rachel collaborated with another employee, Moses and her boyfriend who exposed her to forge receipts and take out 100,000 per day from my small business that we are even paying loan on. They had a target of 100,000 per day.

Imagine that?!!.

This is a girl who had nothing to feed on and was sick. That we took care of and trusted. What of Emma and the other ones I can't all recollect.

Nigeria Employees are wicked and ensure that Nigeria employers will never breath. They have this wicked idea that a business you spent energy and resource on building that you should never profit from it.

The Indian mgt will be so expensive for my small business unlike yours that is big. What other idea can you suggest for small businesses that can not afford the Indian mgt thing.

ultron12345:
Depends on the perspective of the person speaking.

Employers tend not to like them, but Business owners love them.

I'll speak based on my experience with them, as a business owner.

Several years ago, I had serious difficulties managing various businesses I had set up. The staff dealt with me. Forging of invoices, theft of inventory, inflation of contracts, there's nothing they didn't do.

The Nigerian workers were out to finish me.
Like they say, "where person dey work, na there e dey chop, hence the name, workchop (workshop)".

You sack and replace them, the new ones continue from where the old ones stopped. They will even improve their techniques of stealing so as not be caught like their predecessors.

After trying so many methods to reduce all this, from utilizing tech and automating several processes, to involving relatives, it came to my realization that the only way to stop all this was to run the businesses myself, to be "on ground" always, but that wasn't possible. So I planned to start shutting them down and to focus only on one. I told a friend who was also a businessman about my challenges and plans, hoping he would be able to purchase some of the assets I was hoping to sell from the shutdown businesses. He recommended I hire indian management. I wasn't keen at first, but finally decided to try it.

To put it shortly, I eventually got an Indian manager for one of the businesses and it worked like magic. Business began to be good. Profit began to come in. For the first time, I could be away and still be confident and relaxed that my business is in good hands. Apparently, the business troubles we had been having weren't because of "bad economy", it was because of "bad workers" who were out to build houses on my head.

Today, the businesses are growing from strength to strength. All key positions are occupied by indians. If I'm starting a new business today, all key positions go to indians by default.

I have recommended the "indian solution" to so many business people, at least 5 of which have adopted it this year alone, and it has been good stories since then. Not a single one of them has regretted the decision.

The simple truth is that the average Nigerian is corrupt and is a thief. Those who have not stolen have not done so simply because of lack of opportunity.

And that's why our country is like this, after all, the leadership is a representation of the citizenry. Nigerians are a bad people and have rightly given rise to bad leaders.

Below is a post I made few years ago about this same issue.

Flets:
1. 7.5% VAT on diesel
2. Fuel subsidy removed
3. Electricity tariff hiked
4. University tuition increased to 400K+
5. Naira devalued
6. Same old politicians lined up to continue the looting

Give it 6 months and Nigerians will feel the real and stinging impact of these policies. At that time, ethnicity and religion cannot save you.

healthkknatural:
Even if 1 Dollar is Changed for 5000 Naira .Tinubu would still win in 2027 ..

Don't you think so ?

We shall all be Alright .

mightyhazel:
You are not just Confused but Stupid and foolish like u said with your own putrid mouth


An assertion is stupid and foolish but u agree


Olodo pro max

mightyhazel:
they don't import cassava,but they use other imported things like vehicles,fuel,drugs,solar panels,armored cables,electronics,power plants,graters,etc etc.. and these things are all affected by dollar

If garri sellers don't increase their own goods and say leave it at 300 per paint because na them love Nigeria pass.. they will not be able to afford common antibiotics talkless of graters,processors and their parts when the current ones develop faults.. Automatic closure for biz

Hope this helps

2mch:
You are dumb. You think everybody is like you that does not understand the flow of the food chain? Fertilizer has not increased that much for Garri to go up that much.

dre11:
https://dailynigerian.com/january-salaries-federal-civil/

gaby:
Those who follow me and read some of my comments with an open mind will agree that I have been harping on about how "if we continue to allow our parochial tribal and religious biases to dictate our choices and sentiments, Nigerians will soon be needing a wheelbarrow load of the pieces of toilet papers called the naira to purchase a single loaf of bread" that is, when and where the bread is readily available. What we are witnessing right now is just the starting point, I am not a pessimist or a doom prophet but a realist who takes pleasure in weighing issues from onset, ongoing, and able to conclude what the results could/would be without any form of bias.

If only Nigerians truly understood what is going on and how the country is being murdered from every angle, no one Nigerian would continue to buy into the nonsense propaganda and diversionary tales of "we are an import-dependent country, hence, the continuous erosion of our foreign exchange earnings". Did Nigeria suddenly become an import-dependent country in the last decade? A question to ponder upon.

I'm going to try and explain to the best of my knowledge and understanding of what is going on and how the corrupt politicians, the rogue Nigerian businessmen, and Dollar billionaires have completely wrecked the country and how there is currently no one alive in Nigeria that can remedy the situation. Whoever tries to or attempts to mess with the status quo, will be frustrated to surrender, sabotaged from all angles, and even assassinated.

If there was one man who would have tried to do anything to frustrate the wanton looting of the Nation's commonwealth, I would say it was "Buhari", but he too got in and soon realized that the situation was unmanageable and unsalvageable. The enormity of the rot from even within his inner circles was glaring and overwhelming.

The rot in the system is so deep that should one as the President decide to focus his attention on the economy the saboteurs will shift their focus to insecurity and vice versa.

Buhari had his many flaws while in power but he almost remedied some of those flaws at the twilight of his administration when he came up with the now infamous "Currency change" policy. This was one masterstroke of a policy that probably would have nipped in the bud the madness that is currently on full display today. But what did we get? The thieves who were the major targets of those policies rallied the poor citizens as usual who didn't have the Billions that were the targets in their accounts and could have persevered through the discomfort of that stage for us all to come out better and made them believe that the policy was against them, their choice of President, and were all seething to take up arms in protest.

That particular policy was targeted mainly at the ruling class who had Nairas in bullion vans stashed up in varying locations within the country and away from circulation. The policy would have frustrated them and possibly forced them into routing those funds back into the banking system and then making it easy to identify who owns what and how he/she came about such funds.

After all the hues and cries, what we are facing right now is a direct consequence of that policy getting knocked down. The politicians and rogue businessmen including your President are all dumping the worthless Naira they looted to infinity and using it to mop up whatever Dollar is available and at whatever rate.

You can imagine if just Sadiya Farouk, the former Minister of Disaster dumped just her loot in the forex market for a mop-up, and then we have all the governors, senators, etc who have looted the country dry. And now they want you to believe it's due to importation.

As far back as 2022/2023, I commented here that when Buhari leaves Nigerians will ask for his return in an ironic manner due to how bad the next administration would be and it didn't matter if it was Atiku, Obi, Tinubu, or Sowore, that's how bad the situation is and unfortunately enough, it will only get worse except a miracle happens. The world has witnessed this with the Zimbabwes and Somalias of this world.

It is very bleak my people, very very bleak. All we need to do is to find a way to take back our country from these demons, disintegrate, or just find a way to start from the basics.

There's no country anymore. Ask the CBN to tell you how much Naira we have in circulation today, no body sabi.

It has gotten to a stage where even the ones in government right now have realized that there is nothing salvageable about this fake marriage and they are actively on course to loot and shore up their own regional reserve from the commonwealth ahead of whatever might come and to be well prepared and at par with the other region just in case. I only hope for the East to be given their time too to take their share before the coming divorce.

NLFPmod

Seun

Newsfeed247:
With $1 (1400 naira ) I can eat 2 eba 500 1, meat 500, 1 ponmo 300 and 1 pure water 100 naira

We have dollarized our Economy so bad that our focus is on the Dollar rate vs making the Naira Strong…let the Naira finds its reall value and don’t peg it against the dollar…buy local, eat local, reduce ur long throat for foreign goods….Nigerians should wake up…..says Isaac Fayose.

DyshApp:
A Nigerian journalist who identifies as @Anastasia Odochi has written an open letter to mothers to have a close bond with their daughters.

The journalist said this while advising mothers to watch out for pedophiles who disguise themselves as pastors.

She wrote,
Dear Mothers,

Please read this carefully

If you have a teenage girl that is close to her/ your pastor, pls have a heart to heart conversation with her. Especially when –

1. He is so fond of her

2. He calls to check up when she is not in church. Not just check up oo, he asks with so much emotions

3. He is uncomfortable when he sees her with young men in the church or elsewhere. You will notice how he scolds her with jealousy laced around his words.

4 He insists she does his chores

5. He gives her leadership roles in church even when she is not the most suitable

6. He makes silly jokes around/ about her.

7. He compliments her beauty / physic

8. He calls the house and she is the only one he asks about

9. He always tells her to wait behind after service.


10. He always has ‘ prophesies ” about her out of all your kids

Dear sisters, e don red oooo!

A cartel of pedophiles in cassocks is all over town.

Be Vigilant!!!!!!!

chicfarmer:
Just to look at it from another angle;
are we quite sure that these large scale issues of fake products
is not just Nigerian companies reducing quality and quantity in order
to survive the harsh economy and massive devaluation of the naira?

I know there exist a problem with fake products proliferation but
companies are massively reducing quality of their products just to survive.
When last did you buy Nigerian made butter? Omo butter don almost turn water,
and I mean all the brands.

sometimes you don't even know what to believe anymore. Are the products fake or
just companies adjusting in order to survive? God help us.

FarmPlanetNG:
Stop biying foor outside you are suffering

A satchet of tomato
Pepper
Two cups of rice
One smoked fish
Half cup of beans for protein

Is enough to get you a decent meal within two hours of preparation. With 1,200 you can prepare a meal as listed above and it will be nourishing. You wont get it at less than 1,600+ value at the canteen

CockPit:
No mind me o jere!

I am waiting for the next thread when he buys ogiri Okpein in bulk to come show Nairalanders.!

fergie001:
In the 2023 Global Hunger Index, Nigeria ranks 109th out of the 125 countries with sufficient data to calculate 2023 GHI scores. With a score of 28.3 in the 2023 Global Hunger Index.

Nigeria has a level of hunger that is serious.

VeeVeeMyLuv:
Aswear you are very correct

2.07 million won (US$1,638) for employees. South Korea's Minimum Wage Commission.
Equivalent to ₦1,270,000 monthly.


1 United States Dollar equals
1,311.28 South Korean won


Nigeria minimum wage is ₦30,000 monthly the value in dollars is now $20! Monthly! 🙊🙀🙀🙊

1 United States Dollar equals
1,500 Nigerian Naira (black market)

Very very bad

Why is our race wicked to ourselves like this? Why?

MichaelSokoto:
dis is kitchen-fresh shégé banza!

ronu oooo!

GBPUSD:
The second most religious nation on earth. They'd rather keep praying than think of a solution.

So unfortunate you can't choose your country before birth.

Life is not fair.

chiefolododo:
It was finished

Nemere2020:
https://gazettengr.com/tinubus-monetary-policy-plunges-naira-to-n1520-per-dollar/

Thissystem:
https://newtelegraphng.com/nollywood-costumier-rapes-10-year-old-girl-on-movie-set-in-asaba/

panpan:
When the federal government takes external loans, they are indirectly taking money from the Nigerian population through naira devaluation, increase in the price of petroleum products, and general inflation.

ogododo:
https://punchng.com/naira-continues-free-fall-on-official-window-trades-n1482-57/

TajuDEENaMao:
https://punchng.com/kidnapping-epidemic-abductors-demand-n100m-for-ekiti-schoolchildren-teachers/?amp

Onyeka90210:

IVORY2009:
Is this manual