₦airaland Forum

I dont think that is true.

when you convert that to British pounds, it is still much lower than what you spend in England.

with the type of things you bought in Nigeria for that amount , you will not be able to buy that with 5,000 pounds in in Britain in two months and 5,000 Pounds is still higher that N2.5M .

Haaa..... Regina
There are so many things to do with money,
so many people to help, many lives to touch
buying Gold neckless for a toddler is pure waste of money.

Segun Odegbami and Bola Tinubu are age mates ? Wonderful.

Happy birthday Mathematical !

yes, after ending a toxic employment.

i cant come and kee myself.

They are confused.

A group of people assembled some prostitutes and their boyfriends to live together and do all sorts of immoral acts on TV
and you are happy watching them.
Now i don't know who is more stupid:
The people who assembled them or the prostitutes and their boyfriends or you watching the Porn.

SmartyPants:
1. Workplace superiority does not make human beings into deities. It.might have been slightly inappropriate but that's not cause for anyone to be outraged.

2. The reaction, almost slapping a subordinate is extreme unprofessional.

You are very correct. That particular guy was cocky and thinks he owns the company.

SmartyPants:
That says a lot more about the place.

I think it was disrespectful to come in to where you have your superiors and say 'you guys'.

It does not sound like a serious job interview to me.

''well done sir" is not a formal way of greeting and definitely not for an interview.

"Stuff like that" is so informal.

''You guys" nearly earned me a slap from a senior management person in my place of work.

MD doing fraud of 4.7m. Hunger is bad.

The Irony of the whole thing is that our First class and second class upper graduates are sitting and waiting for the 3rd class graduates
to start businesses and create jobs and employ them.

Na poverty dey make person think say food cooked with firewood taste sweeter.

I don't trust the Army on this.
They will be looking for the locals defending themselves instead of going for the real killers (which they know).
The real agenda of this government is not clear yet, to take over all the middle belt land for the Fulani ? they are doing it in Benue, Plateau and each time the Government pretends it does not know who is doing it, yet attack the Locals defending themselves to protect the perpetrators.

There are enough tenants in that house to organize themselves and arrange to have their soak away evacuated.
You cant wait for Landlord to do everything.

Lecturers salary is ridiculous. Our full experienced professors don't even earn $1000 after tax .
This is wicked

Ha, the injustice is so glaring. Buhari is not even pretending about his nepotism.

i started a poultry Farm, it was been managed by someone, his salary was commision based on the number of chickens and monthly, i did not have time to be on the farm myself.
he was the only one being paid, i was always asked to bring in more money. the farm folded when i refused to bring in more money.

fifaplayer9:
Kpele Sunday school teacher I greet una
So u don't understand the term climate change and its adverse effects on the environment.
Research well una no go do, u go just dey form pastor for NL well-done ooohh

So in your own mind, climate change can not be the hand of God ?

longetivity:
British are racists, I hate what they did to my rashford, saka and sancho

Would you have treated them better if they missed those penalties playing for Nigeria ?

I remember the goal Ayegbeni missed in our world cup game in south africa in 2010. Eleven years later, Nigerians still talk about that goal any time Ayegbeni's name is mentioned.

9jaRealist:
If banks cannot cover their COSTS, they will go out of business…
And not be able to play the financial intermediary role vital to any economy.

Instead of blaming the banks (who are looking after OTHER PEOPLE’S MONEY)…
Address the fundamental issues bedeviling the economy and all businesses (including banks).

This is sadly a recurring problem in Nigeria and among Nigerians…
Instead of addressing the disease, most Nigerians are fixated on the SYMPTOMS!
>

My friend, you know as well as i do that Nigerian banks are not merely covering their costs. Non of the top 5 or 6 banks made less than N150 billion in profit before taxes in the last 3 years. You call that covering of cost. All that are monies you deprived depositors in interest and other ambigious charges , and then you are not financing where you should finance.

9jaRealist:
Why not? If they can make sovereign-GUARANTEED double-digit returns with minimal or no risk?
What do you have against RATIONAL economic behavior or investment - especially since they’re looking after OTHER PEOPLE’S MONEY?!

If you want to reduce interest rates, reduce the COST of doing business (including the cost of doing business in the sector). Not only do banks (and most businesses) have to be their own local government and public utility providers, but both a reliable credit-check and verification system (on the front end), as well as an efficient judicial system that enables a fast and dependable realization of collateral (on the back-end) is sorely lacking in Nigeria. Interest rates are the primary means for the banks to cover the COST of doing business.
>

The primary purpose of banks is to be a middle man between depositors and Borrowers. But our banks are not doing that. Taking money from depositor and fixing it among themselves in interbank will not make our economy to grow, it is a short cut to making money. The economy will only grow when borrowing is easy for the real sector, when people can easily get the bank get money to finance their businesses at affordable rates. The banks are only lazy and playing safe.
That is why our banks make heavy profits and our manufacturing industiries make losses. The few that get overdrafts and loans from banks and dying under the weight of those finances with heavy interest. No company can make profit paying interest at 26%.

9jaRealist:
Bless you! I was just about to enlighten him on what it costs to run a bank (or any business) in Nigeria…
Furthermore, people don’t seem to realize that it is OTHER PEOPLE’S MONEY that banks lend in a nation of serial defaulters/crooks.
>

So how do you think Nigeria can achieve a single digit lending rate ?
Deposit rates were reduced and lending rates are still high up there.

The problem is that the banks are not lending, they prefer to invest their money in Government securities and interbank placements and not lending to the real sector. If the high overheads is the reason for high lending rates how come banks dont give money to other banks at the lending rate ?

Tell me how we can achieve a single digit lending rate?

Just list for us how the $5bn was spent in fighting poverty,
what ammunitions were purchased for this fight?
Did you finance new industries ?
How many new jobs were created?
How many people employed ?
And
How much of it was swallowed by snakes
and how much found their way to your accounts in Europe and America ?

Whose fathers are those paying 3% to depositors and giving it out as loans at 26% - 30%
cheating depositors and retarding the growth of our manufacturing sectors due to lack of finance.
whose fathers are those, Atedo Peterside ? who are those fathers ?

You are talking about loan sharks. Commercial banks are the biggest thiefs.

They pay interest on deposit at 2-5% and give out loans at 26-30% per annum.

what is CBN doing? are they not supposed to regulate the margin between lending rate and deposit rate?

Most of the people you call loan sharks have microfinance license and we all know that microfinance loan rates are higher than commercial banks. Moreover you are paying the premium for no Collateral.

Dont go and kill yourself with loans because it is easy to take.

vannessa7:
Your theoretical facts has no basis for comparison with my practical experience. You have never been a Muslim but you think you know anything about islam whereas I've been a practicing Muslim for the past four years after being a Christian minister for twenty years . Mind you I know many people who have experienced a drastic change too after reverting to islam. A lady still told me yesterday that she listened to an audio Quran with an ear piece while sleeping and she dreamt that a Python vomited her, I know many people who left islam for christianity because they were preached to but had to run back when they started experiencing serious warfare they never knew they had before, warfare that was impotent now became powerful.
I have just two assignments for you and I need you to complete them and get back to me with your results, if you are right I will believe all your theory. First try to hold and read a bible while on your period if you are a female or get a female close to you to do that at the peak of her period when the blood is really flowing and also do same with a Quran, hold it close and read it for five minutes then note the difference in your body while holding bible and also while holding Quran. If you are able to handle the quran with menstruation without any reaction then I will believe that the quran is a bad copy of the Bible, secondly, I need you to carry out a personal research by practicing islam for just three months, come back and tell me your experience but if you have not done this two you don't have any basis for lecturing me. Imagine the visitor trying to show the road to an indigene. I also address as many of you who feel they have a basis for arguing with me. If you cannot do this two and bring your experience then we are not on the same table. Experience is the best teacher

What you are recommending i do are occultic practices, i can as well go to an idol shrine to test their powers, they have powers too.
I have experienced the power of Jesus in a practical way, not theories, i have prayed and received answers to prayers, i have received healing for my body, i have prayed for job and God told me when the job will come. But what if i didn't receive those things, does it make God a liar, no.

You are basing your conviction of the authenticity of your new faith on the fact of the deliverance or material prosperity you have received. Our salvation is not based on material possession,. Like i said earlier one of the quickest ways to make the devil leave you alone is to profess there is no God or go into error(like you have done), the devil will give you space or prosper you, he is only preserving you for your doom.

Don't you know that when you in the right way the devil fights you? If the devil has stopped fighting you, then you have missed it.

There is only one way to salvation and that is through believe in the only begotten son of God.

vannessa7:
I remember how I used to read the promises of God and wondering why none of them is coming to pass in my life, every promises of Deut 28, now I'm experiencing what it means to serve God, I have also realise that Christianity is very good if only people can worship God and put Jesus in his rightful place, as a prophet not God, that singular act is bringing curses on many Christians because God is a jealous God, He emphasized it throughout the Quran that He will not share His glory, I also meditated on my sojourn in different churches, rccg is very powerful today without much prayer or gymnastics and it's majorly because of their name, the founder received that name directly from God even as an illiterate, I also know that assembly of God church is also very powerful, and any church where God is emphasized in worship, you need to visit mountain of fire to see what people are going through, some people have become customers of affliction and deliverance like I was, I even did 7days dry fasting once without anything to show, I nearly died, all I used to hear is foundation is bad and all that, but it's not like that in Islam, I no longer experience evil dreams of witchcraft attacks, familiar spirit, spirit husband dare not come near me again, every ancestral curses is gone, no more idol power manifesting as snake pursuing me in the dream, I used have many forbidden thing that bring on attack if I do them, I no longer forbid those things, black cloth o, red o, etc

Let me tell you Madam Venessa, the devil got you. He is the father of deception. As soon as you went into error, he just left you alone, no more bad dreams, no more oppressions, he will do anything for you to make sure you don't go back to the right way. it would have been the same thing if you had become an atheist, he will still leave you alone.

what of the things you read in the Bible, that i am the way the truth and the life, nobody goes to the father except by me, so that is no longer true ? The Quran was written about 500 years after jesus came and you can see the it is just a copy and paste (bad copy) of the things in the bible.

Pure water or bottled water hawking on Lagos traffic will give you high turnover.

Go and rest, we understand.
it is not easy to manufacture non existent excuses.

Realestatepro:
So with all the juju in Nigeria, white men still came here and successfully took our people as slaves?
Nawa oo

They did not forcefully carry our people. They use our people to carry our people. It is the chiefs and merchants that sold their own people to the white, people were selling their stubborn children. Our own people were the ones kidnapping their own kinsmen to sell to slavery to the white men.

The white slave merchants have their own contact men who are influential among the people, it is those contacts that arrange the slaves for them, they buy from parents, they have people who help them to kidnap just to ensure that anytime their white merchants arrives, there are slaves to carry away.

Even the babalawo you are talking about might have sold his children too.