₦airaland Forum

Godx:
The most baffling thing is all these Nigerian who travel abroad and starts working 3 to 4 different jobs at once just to meet up while in Nigeria they lazy about doing only one thing. The work ethic this bozos put abroad, you won't ever see it in Nigeria.

I guess someone who leaves Alagbado for 5am everyday to lekki and comes back 10pm for a sum of N110k per month is also a lazy bozo for holding on to that one job while in Nigeria .

Nigeria operates a monthly pay system that will suck out the living light out of u and make it difficult to hold more than one job except in rare cases when ur job is remote or hybrid .

If Nigeria was a country that rewards labour , a graduate will not be earning $110 for a whole month in which he has put in at least 160 hours of work and spent almost half of it on transportation .

Is it that u people don’t know the actual value of money or it’s just blind and delusional patriotism that makes u say some of these things like the one up there ?

iamoyindamola:
I get the point but like someone said if 20m can't be used for investment and getting long time income
They should just sell the country

It’s not a case of selling the country or not . N20m is not a money that should make u not to travel to a place like Canada , USA or Austriala if u have an express entry/student visa .

I have a close family friend who retired from a private company in his early 50’s around 2018 or thereabouts . I honestly don’t know how much he got as lump sun for retirement benefits , but I know it ran into millions .

He tried his hands on some business but he noticed the after effects of the 2016-2017 recession was eating deep into his savings . He was most likely going to face longevity risk ( The risk of outliving one’s income ). Baba follow visiting visa enter America around 2019 having gathered his remaining savings , sold off his business assets to take process japa .

Today he has been granted asylum , living a decent life and taking care of his family with his fear of longevity risk gone.

N20m is not as much as most people are seeing it on paper today .

Itsrm:
I have decided not to argue with anyone again on this COPA28.

If people can see blatant wastage and say its just 422 people, what exactly am I doing still arguing?

I just weak .

If we sit down and do the maths ; like let’s compute how much people attended the past 10 years , the achievements/take homes from each of those years and then compare with that of this year u will realize there’s no justification for the profligacy exhibited by this current government .

Sometimes I refrain from engaging in some topics cos e go just dey make me dey vex when I see weak defences people put up for the ruling government and want to use Agidi or gaslighting make the weak defence strong .

GloriousGbola:
and Ajaero was not also an anomaly?

people were shouting what is governor doing there, what is chief justice doing there, what is PA doing there - somehow did not think the same question should be asked about a labour leader?

i am even surprised tehy did not claim FG was bribing him.

Ajaero was also an anomaly and I listened to naija info early in the week when they discussed why was he on the list . Maybe u didn’t hear about Ajaero but I listened to a newspaper review that mentioned him as well.

Online u know it’s topics like Toke Makinwa , Dayo Israel and co that will trend cos of their online presence themselves .

GloriousGbola:
i will remind you that i had pointed out that several names on the list were almost certainly not sponsored by the govt - but because blood dey hot you just stopped short of calling me stupid [or did you]

the government was chasing foreign investors and it seems they were able to secure some good deals for nigeria. that is the ultimate koko here.

you know better than to believe that FDI does not require one on one engagements between officials and potential investors.

responsible journalists would have actually taken the time to prune the list down - but that was not the goal

but let us agree to disagree. or let izzou come and start jumping on me again




NLC's ajaero was in dubai for COPA28. there is no way the eagle eyed people who found toke makinwas name could have missed his name. somehow all the journalist reporting on nigeria sponsoring different people missed ajaero. no questions about what is nlc leader doing here?

Ajaero was definitely on the initial 1.4K delegates , journalists only pointed out the anomalies on the list like Toke Makinwa , Dayo Israel and co .

That is what the press is expected to do; shine torchlight on grey areas in governance , put the government on the defensive to defend their decisions convincingly to the citizens . Press is not expected to massage the ego of the government when they are reneging on their own promises .

GloriousGbola:
1) do you still believe the FG paid for and housed Dangote?
2) do you belive the FG paid for and housed Wale Tinubu and Oando?
3) do you belive the FG paid for NLC?
4) do you belive the FG paid for Akwa Ibom and Cross River Delegations?
5) do you believe the FG paid for Toke Makinwa?

please go through NAptu2's diary. he did extensive research on copa28. you sha like reading

i pointed out that somewhow the eagle eyed people who saw toke makinwas name in the list missed ajaeros name. that should already show you it was a partisan report.

but let us agree to disagree.

I will address the bold in particular. There’s no partisan list anywhere. The initial 1.4K list was pulled from the organizer’s website . It was after the initial uproar the government came out to confirm they sponsored almost half of the people on the ridiculously long list of naija delegates .

The idea of cherry picking a handful of the popular people on the initial 1.4K and asking me if I believe he or she was sponsored by the FG does not cut it at all. Government has come out to clarify the number of delegates they sponsored in this austere period which is almost 500% of the population that attended the last one when things were still better financially for the country .

That Toke Makinwa was sponsored by government or a member of the ruling class as “handbag” is a speculation most people are willing to bet on considering the country we live in .

GloriousGbola:
This is what I said

True reports
False reports and
Overblown reports

Wike Proposal to renovate VP residence true report
Alleged copa28 jamboree overblown report
Gbajabiamila renovation - false report

As an example somehow all THE eagle eyed people reporting on copa28 missed that NLCs Ajaero was also at Copa28.

As others have said the truth is somewhere in the middle.

What is overblown on the COPA28 report ? That the government didn’t fly as much as over 500 people with close to a billion naira ?

This government is a government whose actions have not matched their words . Almost everyone has had their income eroded yet the government is engaging in profligacy .

It is normal for the public to register their displeasure irrespective of their political leanings. Itsrm did not even vote any of the top political candidates yet he’s within his right to express how the Tinubu government has affected him directly or indirectly .

liveLongNprospa:
Sharia law nor dey affect these ones?

Sharia no dey ever get time for that kind matter …

GloriousGbola:
She is actually threatening to sue some people who made some posts about her. It also seems there is a coveted blue badge which provides some benefits and this may be part of the reasons for the large numbers.

As to the noise - the campaign strategy that team obi has adopted is to paint this government as profligrante every opportunity they get. It is a tried and tested political strategy (republicans knew Hillary Clinton was going to run for president at some time so they kept attacking her and blowing things out of proportion so they would create an image in the mind of the electorate of a dubious woman. The end goal is to make the electorate think this is a wasteful corrupt government. What this means is that there will be true reports, false reports and overblown reports.

Wetin be this ?

Is this government not a wasteful one ? Are we not seeing government officials still getting all the luxury they desire at tax payers’ expense while the common man is expected to adjust ?

Shey we no dey see before our own eyes money being spent by government officials like we are in a period of boom while the same government is expecting people to adjust and bear with them in this austere period ?


See there’s something called optics and any government that will succeed must learn how to manage optics . If a government wants to tell the people to bear with them while they fix the country ; the government must also show to the people it is willing to make sacrifices .

This far Tinubu’s government has not shown that and that’s truth not propaganda or any campaign strategy of Obi . Even people wey vote Kwankwanso dey complain same thing .

Imagine an Ex-governor going away with as much as 50 vehicles while leaving office 🤦‍♂️

https://www.instagram.com/reel/C0mV9V-IXkR/?igshid=MzRlODBiNWFlZA==

Guess what ? The ex-governor is a current serving minister .

afrodoc2:
He went to buy arodan.

The legover is funny, Cucurella's "commot body" run is funny and The arodan is even funnier. I've not heard that word in like over 20 years now.

izzou:
[color=royalblue]You said 20 million is huge, and cannot give a good profit.

So which amount is likely to give a good profit?

The question no get "Japa" inside.[/color]

Well, all the answers I gave was in relation to japa. I didn't give my opinion in isolation.

izzou:
[color=royalblue]So, to you, what sum would
yield a good sum/profit? [/color]

Rather what u should ask me is : what is the sum I believe one can have and decide against japa?

izzou:
[color=royalblue]BlueRayDick

1) Cement distribution doesn't mean you must own the truck. There are 3rd party companies that haul for a fee. 600 bags of Cement cost less than 4 million naira. Someone with 20 million can commit 2 million to learn the ropes, before fully investing.

2) Fast food have different categories. You can build a little koisk in a high traffic area, sell Shawarma and all those stuffs at night, and learn your ropes till you're able to expand

3) Transportation depends. You cannot buy a Tokuboh Hiace at 20 million; You can also buy 5 Keke Napep at 7 million and put all on Hire purchase. That's the safest bet for Transportation for me.

4) I no sabi Land

5) Woe betide BetKing and Bet9ja

Summary: 20 million naira is very much okay to start and live comfortably here. Not saying it is big money converting to dollars, but it's more than enough capital to start many businesses[/color]

There's this saying that "To start chaos is easy" (I don't know the original aurthor)

I'm not saying N20m will not start any business, If u check my initial post to Whodeyhause I quoted the part he said "invest N20m and "recoup good sums from in the future". Na that good sum/profit in the future I no agree with. So I will use it to address ur post.

1. The scenario I painted about the cement distribution is actually for someone who is a third party carrying products for Dangote.Those ones buy their truck and register under his franchise. Trust me, N20m will not set u up for that business ; I know quite a number of people in that line of business. Except u are referring to those who have shops/depot where would-be customers come around to buy and arrange for transportation by themselves. I don't even think that is really profitable like that.

2. If it's just shawarma , finger foods and barbecue u want to sell in shops, then u don't need N20m at all.

3. Yeah, hire purchase definitely works but u go get soldier, DPO/Area commander, OPC , Ogboni and Babalawo on speed dial to really keep ur debtors in line

WhoDeyHause:
No Lagos can't be used to do some of those stuff I listed. Lagos and Abuja. Well you know more than me pertaining business. So like this it's just better to use that 20m to leave the country by any means rather than any type of investment boss?

If u don't do any of those stuff in Lagos, then be rest assured u will even make more loss than u envisiaged. Shey na less commercially viable places like Akure, Auchi, Gombe, Eboyin etc u wan go dey run fast food business ? In ur very eyes it will turn to "slow food " business .

Abi shay na those aforementioned places u wan buy land keep ? U will still find ur land value barely appreciated after 10 years if u try it. Even the ecement distribution sef; it's places like Epe, Ibeju in Lagos, Ogun state where massive construction projects are going on u will be supplying. U can also supply to farther states but u will be mindful of the fact that the roads generally are bad, u will be more exposed to accident risk and ur driver can abscond with the vehicle and product even if u put a tracker on it.

People wey tell u to use the N20m japa na people wey wan save u from future gnashing of teeth

The inflation in this country no be small thing. If u stock up N20m , u need to be monitring the cost price while u are selling cos u may not even be able to stock up again when u exhaust ur existing stock in trade.

WhoDeyHause:
Well stuff like cement distribution, supplying building materials, food either raw or fast food, transportation, buying bet shops, buying few lands to build on to rent out or lease or just for it to rise in value to sell off in future. The exchange rate has weakened how far that money can go alright but I think it's still okay as at this moment to begin something tangible.

1. Cement distribution requires u buy at least one Howo Sino truck that doesn't cost less than N35m before the removal of subsidy and floating of naira. U will be compelled to insure the truck by Dangote and insurance will not charge u less than 5% of the value of the truck. If u add N35m to N1.750m that's already N36.750m. Remember u have N20m.

2. Fast food: U will require a space u will pay at least one year rent, renovate the place, equip with modern kitchen wares, ovens, heat extractor, chillers, ice cream machine etc. U will pay tenement rates to the local government, u will pay corporate tax to state government and u will pay for permits to operate ur business without government agencies coming to disturb u frequently. If u are in Lagos, u will also pay for the front of ur premises where customers will be parking. Remember u have 20m to do all these and still pay ur staff salary while u are yet to breakeven in the early days of ur operation.

3. Transportation: Motor parts are very expensive now; If ur vehicle develops major fault it will swallow some of ur money. If u are unfortunate to deal with wicked drivers like Raumdeuter shared his experience that day ; u may even borrow money to clear ur debt after selling the vehicle at a knocked down price when driver show u shege

4. Buying Land: U can buy land worth N20m today and sell it N60m in 4 years yet the N60m would not carry same purchasing power ur N20m today does. Why ? Because of devaluation of naira . I always laugh when those selling land like Adron Homes go on TV or radio shouting that people buy land and keep using that same line.

5. Buying Bet shops: I think Bet shops were profitable around 2012-2017 when online betting was not really a thing. Nowadays almost everybody has bet app on their phones thereby bypassing bet shop owners. Only few unlettered people, artisans or egbon adugbo still go to bet shops. I mean the same set of people u will see in baba Ijebu shops. U might end up selling ur computers cheap due to lack of patronage if u invest money in bet shops in this present day. Except u site it in a major market place or commercial area

WhoDeyHause:
Well it depends on different individuals and grace attached to a person. 20m to me is still a tangible sum to invest in and grow to be a king in this shithole despite the rising inflation, security challenges and bad policies bro. One can think of several businesses 20m can recoup good sums for in the future. You can even travel out at will for visiting. As much as the hardship of the country is pushing almost everybody to their limits not everyone would have a nice landing over there with time. Some would even be deported.

Mention one of those "several businesses" u will invest N20m and "recoup good sums from in the future". I want to check something.

iamoyindamola:
https://drive.google.com/uc?id=1SEXCVGk3SRP1nUztQi3fdVKCb6-kAvcb

Thank you,this link works. I don dey download am

iamoyindamola:
This is the link to blood coast- https://drive.google.com/uc?id=1VfS0ccProKACn5P1zU6ytuOyet7uvVA_
Blood vessel single movie about niger delta(oil and gas)
ww2 from the frontline- documentary on ww2
Inside the world toughest prison--Documentary on deadiest prisons
criminal code-portugese action series

I can't access the link until 24hours(That's the response I got from google). I am not a fan of documentaries like that sha, I prefer reading true account of history than watching it in documentaries.

iamoyindamola:
Blueraydick
Try Bloodcoast aka pax masillia
Its a french crime series from the producer of ganglands

Dem no allow download of this particular series on Netflix; I don't know why. I intend to download on netflix and watch over the weekend ni.

Oya recommend other ones that make sense, it may even be old ones that I have not watched in the past. Just help me list as many as u remember out, I will check them out.

UncleHaba22:
All those Chelsea that year that are always saying Guardiola won't succeed without money

Una don get the money now
Una don buy players with the money now

Now una no fit comot for 10

After all this spending
9wins since January
No be juju bdat

With midfield of over 300mill

Airmark fallout

U mean this thing wey u dey talk ? 9 wins from January to December ?

Instead of Lagos state government to focus on enforcing road wothiness inspection for Trucks, Tankers and Commercial vehicles ; they just put all their focus on private car owners who by default always take good care of their vehicles.

Some of those articulated vehicles are not road worthy at all and responsible for most of the road accidents; yet it is private cars they focus on just to drive revenue.

afrodoc2:
You might be surprised at the beauty of Warri GRA, Effurun, and Ode-Itsekiri.

Make dem paste the pishure make we see na

afrodoc2:
Warri no dey carry last but in this particular convo it can’t carry first.

I just plaster here dey wait for Warri pishures since ; make I see that beautiful scenery that was promised

liveLongNprospa:
Lagos.
Not as fine as capetown but nor be edited picture you go use.
I can snap a street in lag and edit it. I would know coz I used to be a mobile photographer in my early 20s

I will be honest ; Lagos Island from Ikoyi through V.I looks beautiful between 5.30am to 6.45am when everywhere looks bright and beautiful as dusk is turning to dawn . However , the moment day breaks and u feel the air polluted by generator fumes, u see some law enforcement agent driving agaisnt traffic , u see touts wrestling it out with commercial drivers for levies , and the general disorderliness of motorists on the narrow roads; u will not want to smuggle Lagos into the list of best cities like Cape Town .

chrisooblog:
I think he has a point.

Have you not come across an old video of the premier of the north Ahmadu Bello explaining to a british journalist why he wouldn't employ Igbo people in the Northern Region civil service.

As bad as it is now people were more unexposed and clannish back in the day. It's just the brazen stealing that was not an issue then.

I was specifically addressing the Aowlowo/Azikiwe point he made. Or let me just say it this way: I have sat with elderly people who were young adults in the 60's and from the account of history I heard from them, u don't have Igbo's hating Yoruba's or Yoruba's hating Igbo's for no just cause.

All of those bad blood became a thing after the first coup that given a tribal coloration, the counter coup, the pogroms and the civil war. You know Awolowo was hated eternally for the advice he gave Gowon when he was released from prison on how to bring the war to an end quickly.

Prior to the first coup Nigeria was running a regional system of government which allowed each region to develop at their own pace. There wasn't much of bad blood between the federating units like that.


Ahmadu was who he was sha.

DissTroy:
We were just as divided, only not livestreamed and the angst experienced in real time from the comfort of our phones.

Read about the tribal tension between Azikwe and Awo, both contesting for the Western seat, and Azikwe versus Prof. Ita (an Ibibio) which led to the ousting in the Eastern seat.

Tribalism was weaponised even then. Some revisited history would only cause more pain and disunity so it's better left alone, sometimes.

I disagree with the bold; tribalism was not this rife in the first republic. The rivalry/tension bwtween Awo and Azikiwe was more of two highly educated men who had different perspective on nation building/national politics.

There was nothing like weaponized tribalism until the first coup, the counter coup, 1966 progrom and the Civil war that followed. Try and trace Nigeria's history prior to the aforementioned period and u will discover most of the tribalism u have today stemmed from the first coup and matters arising therefrom.

https://www.nairaland.com/7933721/fg-raises-exchange-rate-cargo

Omo, the way the prices of Tokunbo vehicles will go up ehn.... Cargo duty go even cost pass the motor gangan as matter dey go now.

Godx:
These are the two pictures bursting your head? I can snap better pictures than these in Abuja.

Oya snap the Abuja pictures and post here.

Realmrsean:
Begging is like a culture in Nigeria.. just that the police have guns and tends to collect it by force if you don't corperate

It's crazy at airports. If u dey go staff of airlines, porters, immigration and even the cleaner in the airport toilet will ask u for money like say na because of them u dey go where u dey go.

izzou:
[color=royalblue]I am thinking as a consumer

Very soon, anything juice i touch my hands on will be from Coca-cola

And the moment that achieve that, Instant monopoly. [/color]

U are an enlightened consumer na.

So many consumers on this nairaland don't even know Coca Cola bought Chi; so far they didn't see any change in taste, quantity, branding and quality of the product. Even when they eventually know about the ownership they most likely won't care all things being equal.

As regards monoploly, they won't achieve it 100% in a place like Nigeria where people imitate ur product's name, design and branding just to chop out of ur initial market share. Dem go flood market with imitation of ur products with less efforts and still make gains.

izzou:
[color=royalblue]I am not talking about retrenchment.

I'm talking about not wanting any competition at all.
[/color]

That’s how most forward thinking business people think na.

U see a competitor that has prospect and May one day edge u out of the market with its product offering ; the reasonable thing to do is to buy the competitor now that u still have the money . Use ur years of experience to further that their prospect and u Also still have a control of the general market .