₦airaland Forum

Itsrm:
Good points.

The ROR over the course of 3 years is an average of 24% which is truly less than the rate of inflation as you have noted. However, there is hardly any passive investment that guarantees you a return above inflation especially in the short term.

What we can do is try our best to invest in assets with returns not too far from inflation rate. My current investment portfolio is a mixture of Tbills, eurobonds and cryptocurrency so I'm staying as close to inflation as possible.

I'm also hoping the DMO come up with those 15-25 year bonds at current rates so I can lock in. Over the course of 25 years, my ROR is guaranteed to beat inflation

Did you just say 25years
I will rather buy lands and keep it for 25 years than Govt bond.
With this Agbado president and APC Padi Padi govt? I can never predict what happen in 8yrs.
See how many foreign companies are leaving Nigeria ?
Who would have ever imagined dollar will get to #1,600 in few months ?

Are you for real or you dey play

Itsrm:
This is the current rate for three year savings bond.

Your 50m with interests reinvested and compounded will give you 91m+ after three years.

And it is "risk free".

This is interesting Buhari made it unattractive didn’t know it has picked up again.
17% is not bad

Thanks for the update

Only be say we no know how much naira go depreciate in 2yrs time with the way it’s falling per second per second.

Itsrm:
You keep painting a rosy picture of real estate which is far from reality. First, tenants will not always pay. Some will even drag you to court and waste your time and money. Everytime a tenant leaves, you spend half the rent you receive to renovate the house. There's no guarantee you'll sell the house for profit if you decide to.

That's assuming the lagos state commissioner does not demolish your house before you sell.

Also, you left out fixed income securities. People are just waiting for the DMO to issue long term bonds at current rates so they can lock in.

If you buy a 25 year bond with 50m at around 20%, it will be worth 6.5bn naira at maturity if interests are reinvested and compunded. That's a risk free 13,000% ROR. Goodluck getting it from real estate.

Mbok in Tinubu’s Nigeria or Goodluck Jonathan ?
Immediately Buhari entered buying of bonds became worse than fixed deposit.
Unless this present Govt reversed the policy of not na no go area

Pearl1910:
Never say never Bro...
If its something u want, then build your Linkedin profile, rewrite ur CV, go to new buildings/structures, ask around, tell friends, church members and old colleagues. Go to offices and drop ur CV. And dont ignore strange calls/numbers. Recruiters still call for interviews without referrals or padi padi. Provided u r good at your profession, u might be lucky to get a job.
Save money, some govt jobs come with a price. When preparation meets opportunity na luck dem dey call am.

You didn’t add Fiverr account and Lagos state job websites. So una no believe donbrowser all this while

Hmmm

Barbiturate:
This hustle will change your character if you're not patient and careful! I did the unthinkable and I regret it so badly.

I just entered my car, started it, then she started shouting that her luggage is in the trunk. Omo, I zoomed off. Entered the next street and parked there. She started calling, crying and begging me that she will pay any amount for her luggage.

Came back and I quickly dropped her luggage. Entered my car sharply and drove off immediately. She reported me. Bolt blocked me. I sent them a mail explaining what happened. They said next time I should leave the rider and report to them. They unblocked me the next day.

Notwithstanding, I still hate my actions though! That was never my kind of person.

No vex oo But I don’t think the hustle will change your character it can change your mindset but not your character.
I believe that was a part of you that you never knew existed. When men are under pressure they exhibit characters that will shock even themselves.
Husband that never slapped a woman before will get married and slap his wife cos of pressure.

I thought Uber/bolt was compensating drivers for “Rider did not pay” complaints
Bolt should be a professional and prestigious way of transport. You shouldn’t be fighting for your money if riders don’t pay bolt should pay and block rider

But I don’t blame you at all after queuing for fuel, you don’t want to take chances of loosing money and hearing stories from bolt.

Nigeria happening to ……

dharmie13:
What is DND pls?is it under settings

Do Not Disturb or another term don dey
Cos e no dey hard Gen Z

Advision:
Who would have imagined that even at almost N1K a litre , Nigerians would still have to queue for fuel?

APC showed Nigerians shege

Good luck Jonathan talk am this APC will take you back to 50yrs

Not until I saw you post, I can’t believe fuel is 900 and drivers still queuing and expecting to make profit after wasting time on queue.

Fela sang about fuel queue way back 1978
“suffering and smiling” this is 2024 still queuing for fuel at 1k naira

dapotemi:
Guys been a while here.Hope you guys are holding on? Abeg make una no loose hope o...I want to quickly add that pls be careful when getting a nig used car.. A colleague of mine sold his car ( a 2005 Camry) about 6 weeks ago and d new owner took it to PH where he reside..Got arrested in ph after like a month.The claim here is that car was stolen about 4 years ago and the owner was killed! Seller (my colleague ) was arrested in Lagos, luckily for him he took them to the dealer he got the car from, dealer was arrested too..mehn d whole thing became messy..The problem now is they have all been moved to ph..When this whole thing started, I did not really show my h concern until when they were moved to PH, on a flight o..Police put you for plane, na then I know say wahala done happen..My colleague told us d car was toks when he bought it, d car clean die so nobody argue am but now it seems d car na naija used..I think the dealer sold it to him as toks....the story long sha..The good thing is, he has a good reputation here and my MD has involved d company lawyer to get him out, but it's taking too long..Pls be careful.

The police wants to open office on your colleague, they shouldn't have arrested him and the new owner.
They should take their statement and arrest only the dealer until the dealer produce the original seller or whoever claimed they shipped it to Nigeria. Your colleague no get big man for him family?

similar case happened to my colleague during the days of Sars. Long story short
He took them to the dealer and they arrested the dealer, got his statement and asked him to be ready to be a witness in court.
Nabbed after 5yrs Nigerian Police dey work or na d ona ghost no gree rest

Omoapena:
Uber guys too dey japa o, I know of a guy here who took hire purchase deal sometime around 2016, the guy is in UK now flexing life...

northbird:
Uber guys dey move too oh. .. don't group all uber drivers into one basket..
At least 3 guys moved excluding you from this platform. I mean legit Japa. So how much more other platforms.
A lot of people just don't make a fuss about it..

I know but compare the numbers of salary workers to number of uber drivers.
Especially health workers, they pass exam and fiiiam they gone.
Which Job experience or references uber driver wan submit for embassy?
I'm not talking down on the hustle before una unleash abidoshaker on me
just comparing hustles

northbird:
A lot of drivers are better off in terms of remuneration.
I stated some leakages up there. Without proper planning, huge revenues might not mean much.
Baz, you hv been away for some time. Things have changed. You can't be earning 80k/month in Lagos and think of travelling out.

Kaymaxi2222:
stop talking like this because what you said here in your post self doesn't make any sense......why will any sane person leave something that will pay him 720k per month for 250k ......see what is with this uber job that I have seen is the calibre of people doing it thus, as they are seeing the money they are feeling like they have arrived whereas it is just a stepping stone. If one can put the same dedication into improving him/her self as someone earn 250k you will see that uber job is better off

unless things have really changed like northbird said.
Cause i don't see how much an uber driver can save after buying Gas (car maintenance) pay house rent and bills.
Judging from this same thread we see drivers complaining about Turning off AC during trip cos of Fuel.
Baba to stop this hustle that pays to go develop yourself is hard.

Well maybe things have changed for the better.

dav1002:
He dey try conserve fuel

He no wan dey use 10k fuel gross 15k 😂

Well my bro, dey use ac oh

Baz001 say for congo ac no dey affect fuel consumption 🤷

Bia leave me ooh.
Una dey make plenty money yet dey hoard AC

let me sound like that our American uncle ''you guys should be lucky you are are not using heat in winter and Ac in summer''
I wan see how you no go ON heat in winter cos of gas.

I'm unlearning all this Nigerian/African mentality.

northbird:
I smile when I look at the suit and tie folks at V.I .. in the evening, they all run to Indrive when Bolt/Uber is surging.
In terms of remuneration, a lot of drivers are better off.
The challenge is to look for the leakages and plan properly.

Personally, I will suggest drivers to have an Ajo or Automatic deduct savings plan. This helps in prudent spending and to maximise the income left.

Using Indrive has taught me patience, I don't bother myself anymore.

I go only to places where there are no problems. I don't allow any app to rush me again. Easy..No rushing again. 5 or 6 trips .I'm done.

At the moment maybe, but at long run Salary earners will be better off...
I will rather earn 250k/month while I keep developing myself writing professional exam and drinking gari and ground nut.
Than to be driving upandan earning 800k/month with 80k fuel.
we've dealt with this topic over and over here, let me not stress.

How many uber drivers have jappaed compare to salary earners?
See nurses or lab attendants earning 80k/month in Lagos turn big girls under 1 year of relocating.

Ancellotti didn’t bother to use modric or Toni Kroos see team.
Man utd no gree see small boys to buy wey go hold mid field na casemero still dey give hope
Msheewww

slivertongue:
Wike who is copiously losing political relevance everywhere from Rivers to Abuja is trying to give the impression that he is a factor in PDP and holding it for his APC interest.

Not loosing any political relevance yet until next Governorship election.
unless the present Gov will go align with Agbado president. That man at the top will always want APC to win in Rivers

Oga Secondus keep quiet there
Na you and atiku started the problem of PDP greedy and selfish people.
if not Peter Obi and Kwankwaso would have won Emi lo kan hands down.
Wike one leg in pdp one leg in APC yet una no fit do am anything

See confusion everywhere
Be like Yahya don vex the elders in ASO Rock
Which news we go come believe now?

unless he don misyarn he should be untouchable

Hehehehe person wey support Agbado president deliver him state for APC
how Efcc go fit touch am
Efcc will soon loose its value they are busy going after bobrisky and cubana spraying money, leaving their main job of going after lotters.

It’s like this Agbado regime is coming for this little finger
From minister list to senate rubbishing him to leaving billions of debt.
Thought he was close to Tinubu

Omoapena:
Pilots, is it possible to convert manual Corolla to automatic without having issues?

Make I drop update,
It might help someone save money in this Tinubu Nigeria.

If your car is shorting oil instead of going to ring it.
I heard you can mix this Lucas oil with your normal engine oil (synthetic or non synthetic oil) that it will stop after sometime two oil changes.
No Quote me but
Na confirm Kazeem’s dem dey talk mention am in passing and I clarify from them so I can help some real hustlers here.

lucas oil treatment high mileage

https://shop.advanceautoparts.com/p/lucas-oil-products-high-mileage-oil-stablizer-1-qt.-10118/11688408-p?product_channel=local&store=6928&adtype=pla_with_promotion&product_channel=local&store_code=6928&&&&&gad_source=1&gbraid=0AAAAAD05GhVaaGG_WxsGaenwtOIR9j5Mj&gclid=Cj0KCQjwq86wBhDiARIsAJhuphlEwXtpQ6T1PuXe4RIdt8Zh-S5Ge55HelrpiAzsUQf8bOI_fudfvHUaAk7GEALw_wcB&gclsrc=aw.ds

Pearl1910:
U can't be comparing car user experience in Congo and in Nigeria. They are worlds apart.

Secondly, higher fuel consumption associated with AC is a no brainer...anything that exerts more load on your engine ( in this case the compressor) will definitely make the engine consume more fuel in other to carry that load efficiently.
As a scientist u shouldn't be told this.

I’m talking about the mentality of Nigerians.
Not the user experience.
99% of cars in Nigeria are Tokunbo’s
In this context
is it Tokunbo Matrix 4WD that has transmission issues ? or Nigerian used Matrix 4WD ?
Don’t buy Honda accord its hand will pull off?
Don’t buy Mercedes Benz it consumes more fuel.
Don’t buy vovlo it’s too heavy
So we all focus on over priced Toyota & Honda’s civics.
And ignore Kia, Volkswagen and Mazda products

I still disagree partially with fuel consumption and AC
cos if you have your windows down on a long distance it will consume more fuel than AC unless you start crawling and riders will still complain.


Aircon vs Windows Down

Although your aircon increases fuel consumption, driving with your windows down can also lead to a reduction in fuel efficiency. When your windows are lowered, the wind rushes into your vehicle. This creates a drag force that makes it harder to power your car. This also leads your vehicle to consume more fuel overall. It’s likely that you’ll burn less fuel when the AC is on.

So, which is more fuel efficient – opening your windows, or using your air conditioning? Research suggests that you should base it on the speed you’re travelling.


https://myjackfrost.com.au/car-air-conditioning/do-cars-use-more-fuel-with-the-ac-on/#:~:text=Let%20the%20airflow,-Use%20the%20flow&text=Manufacturers%20spend%20a%20lot%20of,simply%20having%20your%20AC%20on.

Omoapena:
Someone should educate me about 4WD matrix, been getting negative review about the transmission being 4WD, is the car durable?

Cos of lack of maintenance culture we will just conclude that some cars have problems.
Over here in Congo everybody wants to buy 4WD cos of snow.
How can you believe that 4WD matrix has transmission problem
Na so una make me believe that if you put ON AC or heat it will drain your fuel.

Gentlelife50:
Hmmmmmmm, this account is hacked.

Bazoo1 go don laugh die where him dey

SHOOPSYN:
@BAZ001, food don land! ... It seems week in, week out don get k-leg oo

Nothing wey our eyes no go see for this Agbado Regime.
Millionaire drivers dey advise 5m to jappa
What happened to adding fleets of cars every year ?
so so complaining everywhere in naija.
God save me say I escape.

I dey pray for una oooh.

As bad as this unemployment news sounds UK still better pass Nigerian unemployment.
Tinubu Nigeria never start, them just hit the ground and clueless by the time the begin run cluelessly upandan dollar go don hit 2000 per dollar
fuel go hit 1000 naira per litter then rice go don hit 100k and yet now jobs

Welz:
try again by 5:19am as he did, BAT don't move/work by 9:26am

It’s how some Nigerians are gullibly expecting this Tinubu regime to give them something tangible for free.
If there is any freebies coming from Tinubu govt it will go directly to Yoruba apc tout and family first and the crumbs for others.
This first tenure is to pay back all the people that supported and helped him to grab it and hit the ground running cluelessly.
5:19am site never upon ehhh… what time Tinubu site go wake up ?
Billions go done go into this site to repay one tout for his role in the election.
They will soon add this audio site to agbado president achievement

Godfather liar godson liar

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donbrowser:
Aspiring drivers and frustrated ones. Don't give up!

Many people when they hear tech, the next thing that comes to their mind is coding. That's not true. Let me even shock you that coding in Nigeria is becoming saturated.

While you're waiting for rental, hire purchase or you're intending to give up, pick up your laptop and start learning "community management". There is a market for it at the moment in Nigeria with only few people available for lots of jobs.

Another one is "product design". These skills are not hard and you will eventually get a good pay on your 2nd job.

If you don't know where to learn, start from YouTube. If you have money, go to Udemy. The FG is also training people at the moment through Alat for free.

My 2 Cent!

In this Agbado president regime adviser self na intending driver but advising other drivers

Aspiring fiverr digital Marketter and frustrated ones. Don't give up

While you are waiting for Lasepa job

Learn defensive driving , study this thread learn from the elders and understand the basics of ehailing. before you jump on rental and destroy partners car in 3weeks.

Igi ewedu o ni wo pa wa ó

Our 2 cents


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dmmike:
I am in dire need of a Corolla or Camry car for e-hailing business. Any business partner who has a car for hp or weekly delivery should hit me up on 08118678882. Please be rest assured that your car is in safe hands as I have a good maintenance culture

Last sentence is very important to car owners/partners.
Before SamuelTaiwo or Donbrowser will happen to them
Igi ewedu oni wo pa wa o

No offense just saying


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Conner44:
As in ehn . . . It's a real pity

Tinubu finished donbrowser patapata sooteey he doesn't even know how to defend the mandate again.

Finished him completely.
Car he no get , to drive he no sabi,
Calm down to learn mbanu.
No Job No vehicles


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donbrowser:
Trust me 🤝

Nobody can trust you again bloody Liar

Liar I earn $50 per hour on my system
Liar my Fiverr account reads million
Truth: no shi shi for your account.
Truth : you are were on rentals destroying partners cars in 3 weeks.

Like godfather like godson

donbrowser:


IT Personnel in multi-national appointee for the office of Prisòn mother in Yankee

Day one - I got scholarship, did my service in Lagos and the company employed me

Day Two - I got my masters and multinational company employed me

Day Three - I paid for my tech training and I'm into Tech

Day Four - I am an Engineer

Day Five - I was moving from country to country with business class under mọther ìn prisọ́n

Day Six - A lady dropped the info I used to Japa to Yankee

Day Seven - I'm not in Yankee I'm in Canada

Conclusion: if your biologicàl mòther neglécts you, pìck another mòther that will be there to lead you away from telling lìes

Like mọ̀ther, like sòn. One lìed with pén while the other lìed with keyboard.

APC - PROGRESSSSSSssssssssssss
See my profile
Check my files walahii aya e a ja

You forgot to add I bought oyel sipping Camry 2007 model in 2012 all the way from Yankee…
God bless Pdp Govt.
Try it now go buy 2019 Toyota in 2024 in this APC govt.

We go school and know our classmates,
we get clean pure verified certificates.
We get brain to get scholarship to pass multinational aptitude test.
We get brain to pass IT certification and compete with Indians and Americans…
we doing Nigeria proud internationally
Despite having a clueless certificate forger as president we get brains as Nigerians.
We get brain to understand ehailing and how to drive and maintain car. Not destroying car in 3 weeks

Mr Lasepa lying to be a digital marketer fiverr million trying to Jappa to Poland ehhh
No way you must stay in Nigeria to suffer
No job… No car for rental


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dapotemi:
It's a day's journey so not that bad though..20k fuel go run am and I don't expect you finish am.... Honestly, I don dey pity rider small small, my regular rider pay 15k to and fro (mainland-V.i) everyday, sometimes I wonder how dey cope..That's like 300k monthly excluding weekend parol for TP alone..And this is similar to many other regular rider...How much do they really earn? You'll be surprise that many do not even have 500k in their account! Nig (not this govt alone) dey deal with all of us.

Dealing with apc tout too
On your mandate we shall stand don get k-leg

From Fiverr dashboard to bolt dashboard to no car


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donbrowser:
You don't need to boast of anything again.
What's one thing you've achieved in your life?

That's why a fellow man will wake you up at 2 am to pick his wife up and you will gladly go like a ram led to slaughter. You're even happy to say it's because you've got a Benz that's why a fellow man can call you at midnight to pickup his wife when your own wife needs warmth.

The silly night job that took sleep off your eyes. Did you get up to $50 for it? To say the least?

I said I don't want to boast but I really need you to know while you're running around with your most precious skill for a fellow man at midnight, I will be calculating exchange rate.

I can really imagine how you park each time to reply me that sits behind a system and may decide to sleep for the rest of day.

I can really imagine.

Boda Ọdẹ

Gone a the days Digital Marketter was making $50 per hour seating behind a system but now seating behinde a rented car
Tinubu grabbed power by crook and clueless to run the country Fiiaammmm Donbrowser moved from Lasepa worker to destroying partners car in 3 weeks and refusing to drop the car cause no food for house
Felicity001 head don catch you last last or na nemesis of supporting your clueless godfather

From making millions to dragging road with drivers beats my imagination. A whole APC big boy

Ahhh Tinubu you do this one


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donbrowser:

My mọther would have been very ashamẹ̀d if she heard I líed about being in USA instead of Canada. Oh sorry! Ghòsts and Prisonérs can't express themselves in some cases

From jobless to driving bolt
From Nigeria to Congo
From Congo to Canada wow ?
PROGRESSION

But from Digital Marketter making millionaires and earning $50 per hour to Lasepa uniform worker
To now Driving kiti kata destroying owners car in 3 weeks Haba
RETROGESSION + Bad Luck….

Lori progression journey yii Baba gba Ope wa