Jogs1900:

There was no billionaire in between 1950 to 1970

There was no billionaire even in the 70s. I doubt there was any even in the 80s. It is easier to be a billionaire today than in those days.

In 1979 for example the entire GDP of NIgeria was less than $50b. In 1971 it was less than $10b. In 1965 the GDP of the entire country was $5b!!

Very rich does not mean you are a billionaire, the and now. Though it is easier now.

Below is historical GDP of Nigeria.

PaChukwudi44:
The source is fake!! Did we even have Internet in 1965? Reno is a confirmed mad man

Jesus wept! What does 1965 edition of Time magazine have to do with internet? You are just showing how ignorant and unexposed you are. Time magazine has been published since 1923

Do you know what a magazine is?

It is like pointing you to an online link to a Nigerian newspaper article from 1965 and you asking was there internet in 1965?

How backward are you people? I really need to get away from Nairaland.

Jesus wept!

maasoap:


Government universities and polytechnics are subsidised, highly subsidised. The 20, 40 or 60k you mentioned was even like decades ago. They're paying as much as 500k in most universities today.

And how many medical doctors and nurses are our private universities producing yearly again?

It’s not decades ago. There was a report recently within the last 2 months where they protested increase. The previous fee was N20-30k.

https://www.nairaland.com/8064733/university-ibadan-students-lament-450750#129491008

Medicine is the one areas where public universities are still producing relatively good graduates.

maasoap:

You can type o! I couldn't even read it through.
BTW: should we now close down all federal and state universities since they're not in the category of the universities that are being attended by the children of affluent people?

Since you didn’t read my solution my answer to you is Why should we…they are producing degrees for people happy to earn 100k. And from this thread there are a lot of graduates happy to e arm 100k.

seunayantokun:

How true, and how sure are you with this your information?

I lived in the Uk for many years. Even from here in Nigeria after I returned I added my name to the vote’s roll to maintain my credit score.

anthropizzy:


I strongly disagree with you.

There are half baked graduate across all boards.

Your kind of employer that puts foreign graduates above Nigerian graduates is condescending.

It should be on can you do the job, do you have the required skills?

You have answered your own question


Most can’t. Speak to any employer. I am talking here about public universities.

Please when I say employer, I mean serious employers and serious jobs. I am not talking about marketing, admin assistants, receptionists etc. these are jobs for people with “O” levels not graduates.

maasoap:


You are missing the point and that's why your comments look stupid. The point is that not everyone can attend universities where they are charging N 5 million per session

I am sorry to break it to people but university is not for everybody. Our forefathers (check the biographies of the likes of Zik and Awo) worked to pay for their education themselves. It was only because of skills shortage post independence that some regions decided to make universities free to produce skilled graduates.

As with every subsidy, we take it too far. It is like introducing food palliatives during Covid and now every small thing food palliative. People now feel entitled to food palliatives. Even during during Covid, it never got to everybody.

Majority don’t want to send their children abroad, in my time it was children who failed waec and jamb that went abroad and a small number of children of aristocrats and I mean the real aristocrats. Everybody else plus poor man plus children of president, CEOs etc went to he same universities and we got good education, shared rooms and had a blast! Firstly it is expensive and secondly they are sending them abroad at a delicate age when they can’t be supervised. Families are split up because sometimes the wife moves abroad to get a job to monitor the kids as well as to earn an income. Nigerian parents do not want their children to be abroad being 8nfluenced by all the nonsense going on there. The reason parents send their kids abroad is that people who insist on free or cheap university fees have made Nigerian public universities unviable for the best lecturers and children of the middle class and above unwittingly killing the universities. If universities have low income they can’t afford the best lecturers. The quality of education goes down so you don’t send your kids there and the cycle goes on and on to the point where a graduate from a typical Nigerian govt university is a no better that a secondary school graduate in my time. And so they get paid accordingly.

If govt universities increased fees to a more realistic level (1-5m) depending on the university, the quality of the teaching (staff) the facilities and the graduates produced will increase. A poor student who attends that university will get quality education. The children of the middle class and elite who spend tens of thousands of dollars a year will stop sending their children abroad. The children of the poor will benefit from forging contacts with the children of the elite. The reputation of the university will increase and open doors for its graduates, not the case of today where you need to have a 1st class for an employer to even read your CV for a serious job…except it is a low level job like marketing, admin assistant receptionist etc. did you go to university to be a receptionist or PA? But that’s what happens when you pay 40k in university tuition.

The question is how do you finance university education for the poor who are academically gifted? Not that we drop the quality of our universities to accommodate the poor which is what we have done and in the end nobody benefits. Ok so the poor child has a degree that is not rated in the market place, what is he benefit or the 4 yr education?

. For me every university should run it’s figures and come up with what is economically viable fees to attract the best lecturers and facilities . If for instance the real number is 3-5m in a state university and 8M in a university like UI (these are made up figures, they could be less and could also vary by course) they then add a percentage (between 20-50) depending on the intake demand for that university. Those who can pay will pay, trust me the people sending their children abroad will pay because it is a lot cheaper than sending their children abroad so long as the quality is assured. The extra percentage above the true cost will now help finance the fees of the gifted poor students. This is what they do in the Uk, foreign fees help to subsidize home students fees. Similarly higher fees can help finance the fees of the poor. In addition students loans can be offered to students to make up the difference. Also a university will set up a certain number of scholarships for exceptionally gifted students from poor backgrounds. We can have endowments, corporate scholarships etc. the point is once you present your degree from that university whether you are rich or poor, employers take you seriously and won’t be offering you N100k jobs. The only problem I have is the insistence on cheap fees over the years has destroyed our universities entrenched quacks in tenured positions that it is difficult to attract the students who will pay those fees. It will take a while to turn around our universities so they can attract students willing to pay the fees required to subsidize the poor. I.e my fear is we have Created a monster that is difficult to tame.

Again it is not everybody that should be in university. There are many poor students who are in university not because they are intelligent but because university is cheap. This is also why they go ther and become cultists. If your parents borrowed to send you to university ( like many of the parents of the children who school abroad) you won’t go there to join cults.

There are many solutions to the university conundrum, the point is like electricity, petrol and all other subsidies, in the end they all break down and they benefit nobody. You want petrol, pay the market price you will get, you want electricity, pay the market price you will get, you want good education pay the market price you will get. The question is how do you finance university education for the children of the poor that DESERVE to be in University. Again I stress university is not for everybody.

There is a difference between what it costs to train a quality graduate and what the masses can afford. If you insist that you are not paying more than “X”, the quality of the education you receive will drop to match the “X”you paid.

Lemos14:


You never make any sensible comment. You're just dull from head to toe. Enjoy your stolen rep funds and when you die carry the funds to hell also. We already know who you are here. Keep quiet if you have nothing to say abeg.

You go to a university with fees of N50k, not only do you get N50k education, you get 50k mentality. That’s why someone can say 100k is a good salary for a graduate because many graduates earn 100k

You go to a good university you elevate your outlook and mentality because you rub shoulders with people who expand your horizons. In a 50k university you are rubbing minds with low level people, cultists etc. your colleagues are never people who can help you in life. Your classmates are not children of multinational executives, bank executives, perm secs, ministers, governors etc because they don’t send their children to 50k schools. So you will never have the right contacts even if you are intelligent. The kind of people you go to university with are people whose parents are ok sending their children to a mediocre university. Such people cannot help you climb or access the career ladder.


Abuse me all you like this is a fact of life. Apart from education, University is where you make the lifelong contacts that will make or break you and determine the trajectory of your life and your fate.

Check all the successful people in Nigeria today, their paths crossed in university.

blueAgent:


Sorry.

I failed to realise your username "casual observer"

You are the same dude that talks off point.

There is no point debating with you, your head needs some knocks to put it right.

There are graduates earning 100k, there are graduates earning 1m+. A major determining factor is the university you attended and the quality of your degree. If you think you can pay 50k Naira in university fees here in Nigeria and get the same jobs as those who paid 10,20,50k dollars in university fees, that alone is a reflection of the education you received.

nobaga:
Which is "good" degree, with your kolo mentality?

If Nigerian degrees had value why do you not see children of Nigerian elite going there? In my time rich man and poor man’s children went to the same universities here in Nigeria.

By Nigerian degrees I mean public universities.

If Nigerian degrees had value why do ordinary middle class Nigerian struggle to send their children abroad? You think it is everybody that sends their kids abroad that is rich? You think I will pay $50k dollars in fees abroad and expose my children to the nonsense abroad like gay and transgender no sense if they could get a good education in a Nigerian public university?

alezzy13:


Seriously? I honestly want to believe you are joking 🙄

Abeg someone remind bros what the minimum wage in this country is. 😔

So you think someone who paid $20-50,000 a year in university fees for 3-4 years is in Nigeria working for N100k?

There are drivers, cooks, chefs etc earning over 100k even before Naira devaluation and if you offer them anything less they will insult you.

You paid 20,40 or 60k in fees and that why you think N100k is a good salary. I’ve told you there are graduates with no experience earning over a million a month starting salary.

blueAgent:


Says a naive person who lives in the Moon.

My friend face reality

The reason an employer can offer a graduate N100k is because they do not rate you and if you say no another Nigerian university graduate will accept. Even my driver earns more than N100k. The problem you people with Nigerian degrees have is that you cannot apply for the jobs where those with good degrees apply and those with good degrees don’t apply for the low level jobs you apply for.

blueAgent:


What's this one saying?

Are from the Moon?

There are thousands of graduates earning below 100thousand naria and you are here blabbering.

If you are earning less than 100k it just shows your degree is useless.

anthropizzy:


I disagree with you. Even if she has a good result from school, she might struggle to get a job.
There are graduates out there with good results that are doing shitty jobs of 150k salary per month.

From What Universities? I don’t think you understand that as a graduate from a Nigerian university you are automatically at the back of the queue. Especially a government university. We employers do not rate your degrees because we have seen the products from Nigerian universities. They are generally not up to the task.

Skyfornia:
She should be paid at least 5% of her target every month as salary.

She should go and find another job nah! The people that gave her target and are paying her what they pay her do so because staff are 2 a penny. Staff are 2 a penny because most have useless degrees and are unemployable.

The reality is that if she could have gotten a better job, she won’t be doing marketing g job where we all know what you are really selling is sex. If you are a graduate with a good degree from a good university you will not be on N350k

Akwamkpuruamu:
Imagine turning back Tinubu from voting when he has voters card but no National ID Card

At least we have always required ID to vote. Back in the day you could vote in the Uk without ID and you could register in multiple fake names in multiple addresses without ID from the comfort of your home.

They have only just started to require IFs for voting….probably due to the influx of Nigerians.

haven2010:



A well brought up Omoluabi (Male) would not sit and watch as his Wife is denigrated daily on TV and national Newspapers while his family( the most powerful) turns a blind eye, hosts the press to lunches and demand that said Wife and Son accept all they are getting because the son is a spare and his wife expendable. Not because she stole, killed or destroyed anything but because they need her to be scapegoat?

How many Omoluabis will sit and accept hate and national press negativity daily, i mean DAILY with said negative news making the round in the world on print, tv and social media? How many Omoluabi's will sit and watch as they are called names, everything they do or say turned into negativity, credible threats of physical harm made against them and some people even jailed for it? How many Omoluabis will clap for their brother/inlaw when they help the press against them in court?
His mother had no one fighting the powerful family and press during her time, he stood up for his wife.

She has no business marrying Harry, his pedigree is far above her pedigree….in fact she has no pedigree. This is an example of abinibi is different from ability. She got what is due to her. She manipulated him and destroyed him because she wanted to be a princess.

I do t think you people understand the institution of the British monarchy. Commoners can marry as they want, Royalty can’t. That’s the price they pay for the privilege they enjoy. Particularly in stories royal families, marriage is traditionally a union of families to cement ties and relationships between kingdoms. That is why you will hear the Windsors are from Germany or that a former queen of England is Spanish etc etc. you can see this even in Nigeria and particularly in the North where Royal or Aristocratic families marry each other. Royal weddings are not marriages between commoners. This is not Regina marrying Ned.

We always like to shout racism etc. Even amongst us, you can’t just bring any woman and say this is the woman I want to marry. The 1st thing your family will ask you if you have any pedigree is “ile wo lo ti wa”. (Which house or family is she from?). If she cannot answer satisfactorily, even if they can’t stop you from marrying her, she will never be fully accepted. Am I lying?

Pedigree does not mean wealth or royalty. It means your family is known, respected in the community has a good name etc. pedigree is when you can trace one’s lineage. In the Arab/Muslim world it gives rise to names with prefixes like Ibn-, el, Al etc meaning son of or from, in yoruba land we call it oriki. I still remember as a teenager a friend’s mother telling his elder brother who was studying abroad don’t bring a wife home who does not have oriki. Aka don’t come back with a wife that we don’t know where she is from or her lineage. The reason why people of pedigree insist on marrying people of pedigree is because when you come from a storied family with a reputation, you don’t behave anyhow. A woman of pedigree would not behave the way Meghan has behaved.

Christlike01:


Hmmm,you may have a good point there,but don't let's forget that she was discriminated against in that family.

People should Know their level. It is expected, she is black and she is not an aristocrat. She has no pedigree, she doesn’t even know her roots and she wants to be accepted into a family with centuries of history? Do you know what it means to be royalty? Because every 10km we have a King in Nigeria? We are talking about someone who was 3rd in the line of succession when he was born?

What is she herself doing thinking she can marry into the British royal family? You are black, you are a divorcee, you have no family pedigree? Not even a junior member but the 3rd in line?

It’s like Bose the street hawker that found fame thinking she can marry the second son of Dangote if he has one….how?

Personally I think the real issue is less her colour but her pedigree. If she were Arab, Indian, black, but from a family with Royal or Aristocratic lineage, there wouldn’t be so much uproar. Plus she is a divorcee and her family is. a mess.

Christlike01:


She looks like a typical "Oluwakemi" one sees around in Yoruba land!

I hope she is not. A well brought up omoluabi does not encourage her husband to break up from his family. Fighting her father, fighting her sibling encouraging her husband to split from his family?

ebufa:





This lady na confirmed Igbo woman...no trace of the dreaded agbado lips on her!!!

You are welcome to her the woman is a disgrace and clearly not well brought up. These are not yoruba values.

Aremwayne:
Oga I am from the North and not Igbo please.

That’s what you all say! Either way do some soul searching. How does one scroll through your post history and it is abuse upon abuse?

Lol at the “transformation” in the 1st 2 pictures

Aremwayne:
Religion of Peace.

I am not a northerner and I am not a Muslim but Oga please scroll through your own post history. 95%of it is abuse and insults against others yet your own People IPOB commit so much atrocities……against your own people!

Why is there so much venom and hate in your hearts?

Are they creating degree miracle centers like for WAEC?

GUNITGuy:

that definitely wont be given .....Becos those Beach are under the exclusive list of the FG .....this is why there is need for restructuring and a more decentralized system to reflect healthy capitalism as its being practiced in the US ....if we indeed want to transfer wealth to citizen the fg needs to take their hands off certain things only regulate them and allow healthy competitiion.....Tax the Rich or Middle class as the situation may permits then provide basic things .....

Oga you invest based on the law in existence not what the law you wish. If the law says you don’t own the beach and they can’t lease it to you, a prudent man then adjusts his business model to see if it is viable without the beach or find another business. all this one he is saying I am sure he enquired about purchase or leasing and they turned him down but he still went ahead.



If you ask me, he knew, he tried to buy or lease the beach but was unsuccessful but still went ahead anyway because his business is viable without the beach, just less profitable. He just making noise in the hope public outcry will save the beach. I can bet you he is not going out of business. There are many aspects of his business that have nothing to do with the beach. I am willing to place a bet with anyone that if you look at his business plan that he used to get investors, it will state there categorically under “threats” that the beach is not owned by him and a possible threat to the beach aspect of the business is the government taking ownership of the beach in future.

As for your comment that he won’t get it if he applies that is not accurate. He didn’t get it because he likely applied and he was rejected. There is a reason why some property titles are federal and some are state. Some of those who have infrastructure by the coastline e.g jetties have federal titles. There are even some waterfront properties in Lekki that are federal cofos.


Like I said he knows, he would have applied and he was rejected but likely went ahead because he assumed govt won’t do anything there for decades.

GUNITGuy:

you just called money its no longer 200 now 100 do yu have an idea what 100million dollars is ...............Most of this claims are exagerated

What exactly is your point? The man himself said $100m, it is propagandists that have been steadily increasing the figure. The figure I use is the figure landmark himself said. But, whether $100m $200m, $500m or even $10m, these are no small amounts so how do you invest that magnitude of funds in a project without first securing the rights to the main attraction of the project I.e the beach? You just assume you can base your business on property that doesn’t belong to you in the hope the owner will never want to use his property?

The truth about it is that he would have enquired about the beach and was told it wasn’t for sale but went ahead anyway thinking we will settle them when the time comes. An educated, exposed man like him cannot say he doesn’t know the law or that the coastline of Nigeria belongs to the federal govt!


https://www.youtube.com/watch?v=2uRNfalA05o?si=6Q0nnHbM48PS4Xks

FreeStuffsNG:
That allegation against him is very heavy and will have political consequences.

Is it that he's got no team of political advisers to guide him on how to handle political landmines like this? He should have demanded that FG goes ahead with the project with a human face and ensure that none of the ongoing road projects suffer.

With the tag of tribal bigotry already associated with you, asking FG to discontinue projects that didn't pass through your tribal geopolitical zone and in defence of one of those your tribesmen perceived to have backed you in the last election because he will suffer from FG's repossession of its land he encroached upon is already tainted with suspicion that you,HE Obi , in your character, is bitter about the progress of others not from your tribe and looks like a needless political suicide you just committed by demanding the project stops.

Those who are beneficiaries of the project are far more and they'll feel deprived just by the thought of electing him. They will be afraid that he will suspend the project!

May God bless Nigeria for ever! Check my signature for free stuffs!

How can he have a team? A man who was governor for 8 years and has no protégées? Nobody that worked under him went on to greater heights? A man that does not build or mentor leaders, a man whose followership requirement is a low IQ or tribal agenda!

When it is angry frustrated people like Dele and Aisha standing next to him?

Tareq1105:




I don't just understand why Obi would not review situations before opening his mouth.

Because he is not sincere and thinks that by talking everyday he is increasing his profile not realizing by talking everyday he is exposing his foolishness and agenda as well as his lack of intelligence. I said it a few months ago that if this man is wise he would keep quiet till 2027 and let some continue to think he is the messiah. The more he talks the more he confirms he is an empty head.

In one week he has already made multiple major gaffes.

1:He says govt should focus on existing g roads before starting new roads. It turns out government is focusing on existing roads but using private funds to finance new roads.

2: He says he doesn’t know the cause of the accident but it must be caused by bad roads. It turns out from the pictures the section where the accident happened is good and it was the case of a truck driver who veered off his lane. A bus veered off into the lagoon on the new renovated 3rd mainland bridge, was that caused by bad roads?

3: He says govt should not demolish buildings to build roads, they dug out the video where he was boasting that any building along the road will be demolished and no compensation will be paid.

4: he focused on the Ibo man whose property was not destroyed, the yoruba man whose property and who had proper title documents was destroyed he was silent on.

I encourage Peter Obi to keep talking, he is campaigning against himself.

The Ibos will vote for him no matter what. His problem is that Ibo votes are not enough and the others who very fooled 1st time around are now seeing the real Peter Obi and that this man is not fit to be a LG chairman.

Darammliveth:
The noise about Landmark is too much owing the fact there are other properties to be demolished as well. The Landmark building is still standing!.

Owing to the fact that the beach never belonged to Landmark in the 1st place. His properties and cofo are from Lagos state and nobody is touching that. the beach belongs to the federal government, he was never sold the beach even though he had been using it. He bought land next to a beach that did not belong to him. He created a business based on a beach that didn’t belong to him. He didn’t think to secure his title on the beach before he invested $100m?

How do you spend that kind of money without securing the key selling point of your business?

PressMyButton:
What if it was reckless driving?. The causes of the accidents are yet unknown but you've already come to a conclusion. The more they flog this 3rd class loser for his reckless talking, the more he takes his weed, he is so obsessed with attention seeking.

The man is so daft and desperate. Was it dangerous road that caused the accidents on the renovated 3rd mainland bridge?

The man is actually danger to society.

Glitcher:
if you look at things from a single point of view you will miss the main issue. Things have to be viewed holistically and what I said was because of the nature of my response. Other causes why the niger delta seaports are not used as frequently as the lagos port is the issue of insecurity, cost and efficiency. These are issues that when fixed will encourage importers to use these ports. The bad road network is another issue.

You started with Inland and sea port, then big ship small ship, now you are talking about insecurity and roads, what next? Insecurity and roads is different if the port is inland or sea port?