₦airaland Forum

Valthegreat:
I think the right thing to say here is that TETfund projects are very visible everywhere but as for transparency they lack it too. You need to imagine the source of their funding and how huge it is to know why they have enough to embezzle and still have visible projects. Do you know what is 3% of the taxable profits of all companies in Nigeria deducted from source annually?
Now can you remember, I think during Buhari's administration when it was exposed that Adamawa's chapter of APC has been funded on monthly basis directly from TETfund account for years? That's why I assumed that it is a case of having quite enough to go round.

Valthegreat:
Please who gets this funds directly, federal ministry of education, his foundation distributes among the 36 states and F.C.T ministries/department of Education or his foundation identifies projects to fund directly at education institutions nation wide. It is better the later is the case because if the former is, not more than 60% of the funds will touch education sector for real.

mikeapollo:
Lol. You be big man now.
Plane flights are very necessary nowadays because of insecurity, but they want to make it a reserve for big men,

mikeapollo:
Dangote refinery slashes petrol price to N700 per litre

emmanuelewumi:
Rent goes up as inflation increases. An apartment whose rent was about 150k in 2007 is now going for N1 million.

So if you don't want to do real estate, invest in stocks with good dividend growth such stocks will beat rent increase I remember when zenith paid dividend of 70k per share but paid dividend of about N4 last year.


Bonds have a higher yield, all my bonds have yields of 20% and above but the coupons won't increase for the next 20 years

There are risk averse investors who don't do equities and real estate, except for their primary residence and they are doing well.


Let us look at this scenario, assuming they had N100 when yield of FGN bond was 20%. They can deside to buy an apartment from LSDPC and get a rental income of N5 million for a start which can increase to N15million in the next 10 years.


Or buy FGN bond with the N100 million and earn N20 million coupon for the next 20 years. I love buying long dated bonds.


Buying a property will include keeping aside about 1% of the property's value or 20% of the rental income generated whichever is higher for the repairs or maintenance of the property.


What a smart bond investor should do, in order to do better than the real estate investor is to spend just 25% of the coupon and reinvest the remaining. That is when he got a coupon of N20 million, he should spend just N5 million and reinvest N15 million.

The reinvestment of the N15 million from the coupon will give him another coupon of N3 million, excluding the original N20 million making a total coupon of N23 million in year 2.

Then spend 25% of the N23 million which is N5.75 million and reinvest N17.25 million buying another bond

By doing this his coupon will increase faster that rent

ojeysky:
Looks like whoever is pushing JP waits towards the end of MKD to mop up the floor. Maybe Christmas is going to be an attractive red after all.

Valthegreat:
Thanks for your contribution.
But we all are expecting FGN bond rates to fall as soon as possible as inflation eases out which means i can on enjoy this for perhaps just one more year. Or do you visualize a possibility of stable bond rate @17% going forward?

Streetinvestor2:
I don't understand u.if you lock your money now at 17% for 10yrs bond.How is that your business if bond rates drops after a yr.
And is obvious u have made up your mind on the lease thing so why else are u looking for people opinion .Oga if u like u can go do dirty December with your money..lol

nairavsdollars:
Wema is dragging price with Accessbank on NSE. No be juju be that?

brotherly:
You are still wrong.

At best the reverse is the case . Many genuinely help while a few monkey hunt.

essentialone:
How come you know another person who is selfless on the platform, but do not know if you yourself are selfless on the platform. Or are you not. If you are not, why naa? E good like that?

emmanuelewumi:
Institutional investors include Pension Fund Managers, Mutual Fund Managers, Insurance companies, Corporate Trustees etc.

Stanbic IBTC Pension Managers has 50 million shares of Presco and they are the biggest pension fund manager in Nigeria.

Stanbic IBTC Asset Management has Presco shares and are also the biggest mutual fund manager in Nigeria.

I looked at the September 2025 facts sheets of United Capital Asset Management, Chapel Hill Denham, FBN Quest Asset Management, GT Fund Managers Stanbic IBTC Asset Management last week and they all have 20% and above of their funds invested in Agricultural stocks.

Below are the top 10 stocks in the portfolio of United Capital Asset Management.

The institutional investors took their rights and asked for additional shares

Agbalowomeri:
You can't read or write pidgin so stop trying

Person dey grab dis guy at all?
im post dey always be like im dey under d influence of sth as ee dey type".

Mankind2024:
Point of correction.
I have no “ministry” here. I don’t promote Japaul (I’m not a gold digger), and I don’t run campaigns for ROYALEX either.
Read his comment on exaggeration, A write up drafted from my heart to inspire readers.

I come here simply to share my personal investment journey in a transparent and motivating way—no hype, no exaggeration, no “lamba.” Just the real, humble me, no envy, no debt leverage.
I genuinely like Presco’s business model. My average break-even price is ₦185.
I didn’t take up my rights issue. I left the original 20,000 units acquired in 2023 for my children and have been enjoying the dividends with my family ever since.
By the way, since when did holding a small quantity of any winning or drowning stock become a crime?
If I’m comfortable with my strategy and the size of my position, I honestly owe no one an explanation for not buying more.
Of course, I don’t have a crystal ball, and I’m definitely not a genius like Osita or Awesome. I also don’t hate my beautiful country. I believe that, in no distant time, Nigeria will overcome the challenges of insecurity, inflation, and corruption that have weakened our institutions.
God bless my fatherland.
Nigeria shall be great again.

Mankind2024:
@Ositadima and the Thomases
I understand say e fit pain you, but calling my NCR run “pure luck” no dey accurate at all.
I get multiple stocks wey I put less than ₦2 million years ago wey don grow quietly reach ₦35 million–₦50 million today through compounding. Some of una even sabi one or two of those stocks. I no dey shout them every day because the goal no be to dey drag chest.
Is it NYSE, where the market has turned some $4,000 investment to $18k in my portfolio?
Humility is one of the virtues of successful investors, time is our best friend.
Volatility and inactivity is the price we pay for compound interest.
I only bring NCR, a nano fraction of my portfolio come board today make e motivate people wey still dey the game — no cap, no lamba, no exaggeration, just the real numbers. Ironically, I remember say you (or person wey get similar handle) sell your own for sub-₦30 at the command of your fast fingers because fear catch you that time. Nothing personal, e just dey show say wetin one person call “luck” na another person’s patience and conviction.
My philosophy dey simple: I stay strictly inside my circle of competence and within the cash I fit comot for mouth. I do not borrow to invest.
Once company no dey pay dividend, I no dey average up or down — I just siddon dey look. Time, more than anything, dey always resurrect good business wey dey face temporary headwind.
I no get strength to turn this place to ego-wrestling arena again. Make we allow the thread rest.
You go still see more real, motivating, no-cap, no lamba stories from me in the coming days. If e pain you, you fit mute me — no wahala. But the results no go mute themselves.
Remain blessed.

bastardson:
I wrote this a few days ago and everyone laughed. You can’t tell me that there are no changes in over 2 weeks.. no increase or decrease. Sent a message to Morgan Capital today and didn’t get a response all through the day

maiunguwar:
attack aircraft comes equipped with infrared camera to help in analysing mission objectives.

That's why Russian Ukrainian war is watched in real time

SpaceX:
Fake news


Show with evidence, pictures not just mushroom claims

Agbalowomeri:
Na wetin UK dey face currently
No money to pay benefits

KarlTom:
An excellent analogy of the Tax System by Johnston Grocke


https://www.youtube.com/watch?v=BomQxCG5VG4

🍺

I once worked in a factory that was a union shop. The factory workers ranged from unskilled workers to highly skilled workers i.e tool and die makers. We had union negotiations with the company for new contracts every two years. Every contract time there was disagreement between the unskilled workers and the skilled workers. The unskilled workers wanted an across the board pay raise and the skilled workers wanted a percentage pay raise. The unskilled workers thought a percentage raise favored the skilled workers because 2% of tool and die maker wage was more than 2% of unskilled workers wage. The skilled workers knew that multiple years of across the board raises would close the gap between unskilled wages and skilled wages. The unskilled workers believed it was greed for skilled workers to receive a larger pay increase by using a percentage raise while the skilled workers believed it was greed on the unskilled workers to receive a larger pay increase by giving everyone an across the board pay increase. Even though a percentage raise benefited everyone, the unskilled workers just couldn't stand to see the skilled workers receive a larger pay raise by using percentage. So two year contracts usually offered one year of across the board raises followed by the second year receiving percentage raise. Crazy.

KarlTom:
An excellent analogy of the Tax System by Johnston Grocke


https://www.youtube.com/watch?v=BomQxCG5VG4

🍺

AndroBlaze:
Goodluck, with your PHD, you opened your mouth to say it was not a coup....chai.

Person lose election, handover to khaki and we are speaking English.

Imagine if Trump had done this after he lost to Biden, or even if you Jonah had handed over to Minimah your kinsman after Buhari beat you?

A coup against democracy is a coup, simple.

Jakarta:
Ask chatgpt to explain it to you, like u are 5 okay?

Jakarta:
Lol funny you, and decision making?

Jakarta:
As a president you can't treat a country like your personal farmland, get that clear.

Jakarta:
The question is, can such a scenario be possible or not? Can the farmer make rational decisions? There have been cases of farmers spraying their crops with chemicals, killing the crops and the cows that will eat same crops.

Jakarta:
The question is, can such a scenario be possible or not? Can the farmer make rational decisions? There have been cases of farmers spraying their crops with chemicals, killing the crops and the cows that will eat same crops.

Jakarta:
Just as a the farmer can wake up 1 day and start killing the pigs in the farm or make rational decisions.