₦airaland Forum

kenkenn:
Is that thing a mansion?

Is there any major Road or street in Lagos, Abuja and PortHarcourt that you won't see more than 18 exotic buildings far better than that?

People will not allow Ben Murray Bruce manage his mud house.

Can Ben Murray Bruce not afford that cheap building on his own as a business man?

Mtcheeeeeew!

Lool. The price of one room in an unclassy area in Glasgow would rent three bedroom flat in Lekki.

This is now Beverly hills. Oga by abroad standards, that house is huge.

Boss13:
Oga I am not giving you a theory or hypothesis. First, the government cannot fix manufacturing, that is left for those who have the resources to engage in manufacturing activities. The government can fix power. Reliable power supply has an indirect effect to productivity. What does it do, reduce the cost of fixed production; presently incurred by manufacturing industries generating their own power supply.

If cost reduces, what increases? Margin/profit. If profit increases, who smiles; the manufacturing industries and their owners. Now, the theory is fix power, productivity will boom, but has government reviewed the cost of starting a business in this country. It has been said that Nigeria is one of the toughest place to start a business. Hence, if the government fixes power, Nigeria still remains one of the most difficult place on earth to start a business.

To address your question - who is the ultimate beneficiary of owning a home? The young man or girl who is creditworthy, has a stable job or business and approaches his/her Bank to buy a house in his/her choice location. Even a secondary market will be credit for house owners to start trading their houses at fair value. Also, not to forget capitalist including foreign investors investing into the sector.

To conclude, I write from an informed position.

From the onset I said encourage manufacturing. Giving people things like tax holidays can encourage more people to manufacture. There are many other policies the government can institute. I'm not arguing that your points are invalid. I'm arguing that the most widely felt program that would touch every single Nigerian are those two.

Honestly, there are houses to rent/own anywhere in Nigeria now. Just go to your agent and tell him you need a house, he'd give you one straightaway. The issue is how many can afford this? Power and manufacturing can greatly stimulate the economy and increase the earning and spending power of the average Nigerian who can then afford these homes or take advantage of the mortgage that would be offered. You talked about credit worthy, the average bank would prefer giving loans to people in paid employment with constant revenue stream. So, the average business man or entrepreneur may not be so lucky to get this.

Fix power, encourage manufacturing, all other things fall into place

I wish you'd see my point

Bolustic:
It's simple. The naira will not appreciate until we start producing the foods we import, stop refining the crude our oil abroad, until our universities are world class.

It's just demand and supply. Naira isn't demanded as dollar is.

I don't see the naira appreciating till Dangote refinery starts working in the first quarter of 2019.

My thoughts though.

Barman give this man two Star and nkwobi this early morning

Boss13:
Fixing power and encouraging manufacturing would not have enormous direct impact on the economy like what mortgage and real estate would.

First, you would ask what is the relative contribution of manufacturing to the economy? Power will only reduce manufacturing cost and increase the margin of manufacturing companies.

In this country where obtaining loan is still a mirage, steady power supply will contribute little and only increase the profit of manufacturing countries and make capitalist more powerful.

However, a situation when a young graduate upon getting a job can apply for a loan to get a house, is a direct significant increase to his/her net worth. Also, construction workers will build the house, lawyers will sign agreement, Banks will collect finance income, estate agents will collect agreement fee. The effect will be astronomical and very direct.

Nope fixing power and manufacturing would drive down the cost of building your house amongst other costs of everyday living. It's an open market, so prices would dive down due to competition.

Your idea is geared mainly towards benefiting banks and construction industry workers. Agreed, there would be an eventual ripple effect. But fixing Power and manufacturing benefits every single Nigerian soul straightaway

Some things really aren't news worthy.

I need the 30 seconds I wasted reading that. Didn't give details, just talked

I wish him well though

Boss13:
Underestimate Kemi if you like but I need she has just hit the nail on the head. Mortgage/Real Estate is the key in reviving our economy. It cannot be overemphasized. The effect will be more than what telecommunication contributed. Job creation, finance incomes for Banks, revenue for realtors, estate agents employment, construction workers getting jobs, also people owing homes.

This is a policy if implemented can affect positively the lives of over 60 percent of Nigerians. The impact will be directly felt.

I disagree, just fixing power and encouraging manufacturing is what is needed fast.

This, though, isn't a bad idea too

Oh please just go and clear your name whether you forged or not.

One minute they scream they are ready to go to trial that they didn't do any crime, the next screaming being haunted by the executive bla bla bla.

xtgozie:
So as an Agboro, it is serving you well? Since you load bus at the bus stop.... be ready to pay your tax too o

Lol.

OK lemme tell you those agberos pay Council dues and are not stealing like the criminals you support that don't even know you

xtgozie:
If all the tax collected in this country served you well, why is your life still like this?

Baba stop taking things so personal, for health reasons.

You have no idea who I am and what I may or may not be struggling with.

Lagos tax helped Lagos build a bus stop at Iyana Oworo that has helped relieve traffic, thereby affecting me directly.

Common sense:

Did you forge? Yes or no?

Why complain about who indicts or reports you and playing the victim that someone is witch hunting you?

If you didn't forge or commit a crime, nothing would happen to you in a court.

Two questions

Why haven't we seen a picture of Dasuki and FFK like this?

Why have some Igbo bigots not come here to scream that the hausa youths should scream witch-hunt?

I am Igbo

belzabull:
shut your putrid mouth


so why didn't they visit capital oil in the morning then visit others later in the day? and why was capital oils appeal not considered but the others appealed and where given soft landing.


Yes you are an igbo.... phool

Whatever helps you sleep at night

xtgozie:
They sealed that of a South-East man who owes 30million, but the one that owes 430 was pardoned for another day.... I'm a tribalist, ngwa make una chop me!

It is quite possible they visited Capital Oil late in the day and the other one earlier.

Instead of you being happy, a businessman is being forced to pay his tax you're crying over your brother who very likely doesn't know you exist. Tax evasion is a crime be you Igbo or yoruba.

I am Igbo

buygala:
So.why should they publicly criminalize the man by posting his pictures for public consumption when his guilt has not been fully verified?


They should have posted the picture of the rogue cop as well since they feel that is the proper thing to do

Baba it's not the Nigerian police force website that put that picture na. Why blame the police, they released both names, journalists put picture.

Take am easy with this witch-hunt you keep shouting

I cast my vote for Ivyy
Cc : Nljega

Kakamorufu:
sometimes, you have to removed the battery to get things in order. Wich non removable ba3 sucks at big time

If you need to do this to your phone, you need a new phone

BeastAmbition:
keep on deluding yourself.

You proved me wrong as how? are the people you mentioned lawyers? please stop fooling yourself. You have the right to interpret my comment anyhow you like but please for hells-sake don't patronize me with brainless mentions again. Thanks

This is in Sri Lanka.
Hon Pavithra Wanniarachchi took oaths before H.E President Mahinda Rajapaksa as the Minister of Power and Energy today (Monday) at Temple Trees. A Lawyer by profession.
Today being January 28 as I quoted that from http://powermin.gov.lk/english/?p=2998

Now tell AZeD1 you were wrong

SenatorJChris:
For the assessment centre guys, you are likely to have group discussion, role play, case study and presentation. It's expected to be fun but don't get carried away with that. Try to remain professionally competitive.

And also possibly taking another computer based test

Looks like the executive trainee vacancy was opened again for application on the website last time I checked some days ago.

Makes me wonder about those expecting to be called in another batch

overhypedsteve:
you for call am Ronaldo. Something that you will call " the black mamba" or the " Dare Devil" so that even when you are sleeping and she mistakenly see it fear go catch her.

Lol. Nah not those scary kid names.

Gerrard is loyal, Gerrard is a humble servant, Gerrard is a long distance shooter.

Need I say more

Both of us know it as Gerrard

catchdwind4rmkd:
I'm afraid not, the masters criteria was only a recent move by NB to reduce staff turnover rate rather than cost. I fear other top employers might follow suit. I learned from their last recruitment via "Careers in Africa" in London that they've experienced high staff turnover, with most of the reasons given being that employees were leaving to further their studies. Thus, NB believes that recruiting masters level graduates will help reduce the rate at which employees resign. Most importantly, most of the graduate roles in NB are for prospective NB managers. So, it becomes a painful waste of investment and time if these graduates resign before or after completing their training. I gathered that the masters degree is not really considered in arriving at your renumeration or offer. I may not have said it all, but I'm sure the reasoning behind the MSc criteria is somewhere around what has been summarised above.

You've got a valid point baba.

papyrus2:
The organization was very impressive. But they shouldn't have stressed people coming from far north. They should have made another Centre at Abuja for those over there. It would have been alot easier.

You can't blame them really. Economic situation harsh. Would cost them. I feel the masters criteria was equally a cost saving move to reduce number of candidates to pay for tests.

VLadimirov:
The ban on movement is cancelled for tomorrow.

See: https://www.bellanaija.com/2016/05/no-restriction-on-movement-during-may-monthly-sanitation-exercise-lasg/

https://twitter.com/followlasg/status/703175159268528128

May your days be long Sir for this

Anyi3:
Hello, I'm looking into a full scale poultry business. Would like information on your processing. Thanks

ibanyanwu@gmail.com

Still awaiting the mail

emmahoney:
The truth is that masters degree is compulsory;without it you will not be called.

I got up to their assessment centre without masters in 2014

Hello, I'm looking into a full scale poultry business. Would like information on your processing. Thanks

ibanyanwu@gmail.com

Specialiste:
....i don't think the reason for the low milk production is simply because of the grass...no...i have a poultry and i know that egg, meat production is astonishing behind closed doors compared to free ranging birds which roam. cows, cattle can never do well when their lives are spent roaming the country as nomads by their herdsmen, its never possible. i've had broilers reach weights more than 5kg and their bird feed is made locally. I'm still wondering how the nomadic cows would benefit from imported grass. my opinion though.

cc: yomalex, obailala, Anyi3, cjfavour

You answered your question in your post already. They don't do well because they roam about in search of good grass. If we can breed grass that can stay highly nutritious in one place, they don't have to roam everywhere.

alexlee50:
how can you compare palm tree with grass? Don't u know palm tree is an economic tree? U want to compare it with grass?why can't they task our research insttitutes to produce high yield grass? Na import dem one go import. Shame on you for supporting rubbish..the hypocrisy of psychophants of this government knows no limits

demzey:
Mr. Man i read d shii, palm fruits n grass, are day d same? D revenue frm d palm fruits, sud b der major source of income, what has grass got to offer us? To feed what? Wen humans r gettin hungrier by d day.

Einl:
That's because palm trees are cash crops... grass isn't.
There is no amount of explanation or write-ups or essays you can you to defend the importation of grass. Sorry.

lomprico:
And you are a bigger disgrace! Malaysia took samples and went on to develop, they did not import our palm kernel!
Why cant your country do same. Keep supporting mediocrity shame on you.

blezzymoore:
Do you have sense at all

oc2fish:
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Malaysia did not import our oil palm seed. They took a sample and develop it. They gave us half of what they developed but Obasanjo mis manage the strain. We need to develop the strain not import and consume.

Brethren read please. The grass would be imported to crossbreed with Nigerian grass and then increased.

Brethren reading really doesn't hurt. I'm not an APC loyalist because I know that's the angle you guys are thinking my comment is coming from. The writeup was done by an expert in this field. It makes sense.

Well apologies but my point was Malaysia imported something, don't know exactly what but they imported from us and developed it. We want to import to develop our grass. What's bad in that
Read brethren.

See Nigerian youths. Everyone above me didn't read the epistle before commenting. What a shame.

The writer made serious sense. Malaysia imported our palm trees back in the days and are reaping benefits. There's absolutely nothing wrong in importing agricultural raw materials and then developing your economy.

Again big shame that people above me didn't read or don't know how to.