₦airaland Forum

Asour:
If you don't believe the NDIC, who do we believe?
Me & you?

Look at it this way, there are ~79.3m active bank accounts in Nigeria (2019, per statists.com).
If 99.4% are =<500k, it means that 0.60% are above that number.

Well, 0.6% of 79.3m is about 475,800. Pushing this numbers up a bit to 1% of 80m account = 800,000.
Is it hard to think of that only about ~ 800,000 accounts (not people) have > 500k? Shouldn't be.
I mean this is a Nigeria where affording a fairly used washing machine puts you in the easy middle class. A 2017 Honda CR-V (Tokunbo)? You have arrived to all your neighbours.

Most Nigerians aren't rich. We'll know when we are.

Ok. U are right

Really. That's 750 Eur.
I don't believe this stat for business cities like Aba and so on.

In simple terms, if U have even 20mil in a bank and it liquidates tomorrow, U can only get 500,000 naira back, this is a very low sum honestly, coverage should be up to a mil at least.

SweetJJ:
My application is that of faith. So I started the journey last year around June/July 2020. The first University I saw offering my course (Special Education Specialization in Education of the Deaf) was University of British Columbia, and after going through their website and the department, I reached out to supervisors. I found out there are just two supervisors that could supervise my PhD study.

This is a case of grace sister, May Canada favour u, is your destiny clearly

Which cities can you handle project sir?

heybaby12:
Mind yourself oh.
You don carry this Aunty enter here.
Aunty end for Naija oh.
Hope you cool sha.
Waiting for your call
Hope DE is doing you fine.

Yes Aunty

heybaby12:
Just like that, where have you been. Buzz me joor
Meanwhile wetin you dey find for here

Ok Aunty, I will. Na you I find come o

heybaby12:
Hi Everyone,
Has anyone gotten a date from the embassy lately? If yes what month in 2020 did you Apply?
Thanks

Aunty, here is me saluting o

9icetoo:
Check jiji. It's about 4.5m to 5.5m for a decent one these days.

Nawa, naira is really useless. How do one used 4.5mil just for a 2006 lexus 330. E go hard me o

How much range does Rx 330 2006 sell in Lagos now?

Flygirla6m:
Please how do I reach you @Chriswazo it’s urgent

My email is chriswazo@yahoo.com

BirtherOfKings:
I wld have had attack on my chest

Yes, it bothers me, till now.

Mine is simply, investing in crypto, I lost 2.5 mil doing so..

saintgp:
Medicine after death.... anyway talk make e no b like say you b no talk.

But then,I feel this issue of her being a party member is relatively immaterial (although it may contradict d constitution).I say so because:
(1) All naija politicians are open to DECAMPING,she is in APC today and by tomorrow if things goes south,she go switch camp even before the election.

(2)INEC officials,Weda PDP OR APC r loyal to the highest bidder and not necessarily the political party.besides Delta State where she comes from is a DO ANYHOW AND SEE ANYHOW STATE.a PDP stronghold for dat matter.so am tempted to ask:
Can she withstand (risking her life n dat of her family members) d likes of TOMPOLO,IBORI,OKOWA and J.MANAGER?not wen she can quietly collect her brown envelope and lock up.

I find Your comment bereft of any meaning, maybe the FTC craze.

Secondly why interchange capital and small letters is a comment on NL? For what emphasis

josh123:
I dont do betting, but buying crypto, trading forex, binary, crypto and comodities can they be classified as betting?

Crypto is the worst of all sef. My biggest regret of the century

No

This is a profound statement "Seest thou a man diligent in his business? he shall stand before kings; he shall not stand before mean men".
Proverbs 22:29.

Shalom!

1metre:
would love to speak with you bro.

Drop a pm

These ones are millionaires already o, and still gat age to enjoy am.

Win-Win for them

Having only one girlfriend a time i should have had many to forestall what I am facing now

Chriswazo:
Hello,

Please what do you mean by the 2nd option of 3years doing the same role.

Is 3years the minimum years of experience eligible? I don't get it.

Please can someone respond Sto this? The person that brought up this confusion for me have refused responding

Ikepooni:
A couple of things could be wrong;

1. Check your job NOC code. It should be under A,O or B. If your job is under category C your profile will be ineligible.
2.check the number of years of work experience. A total of 3years doing the same role.
3. Your proof of funds should be the exact figure for 1 person

Try checking all that and see if it works

Hello,

Please what do you mean by the 2nd option of 3years doing the same role.

Is 3years the minimum years of experience eligible? I don't get it.

sonnie10:
Ok let me explain to you. No iron rod company in Nigeria produce from scratch (iron ore from earth). They either recycle old metals or import refined raw Iron to smelt and fabricate into rods. Unfortunately, the recycling of old metal is not feasible as supply is not always constant and disrupts productivity. So, most of them take the import route. And you already know this is done with dollars. Also, 90% of the companies are own and operated by foreigners mainly from China. Loans have to be paid back in dollars, equipment parts are bought in dollars and profit is sent back home in dollars, so that they can also pay taxes in dollars at their home country (fair enough, because that is where they get the loan from to do the business in the first place).

Ok, I agree with you

I see

sonnie10:
Unfortunately, the present inflation is driven by exchange rate. No importer would sell an item less than the amount he/she bought it. All importers big and small buy dollars for $480 and above now. One way you can figure out the estimate for any imported item is to go to alibaba website and see the current price. Then add cost of importation and clearing.
Do this by using bulk calculation (in 20feet container).
For example POP cement
On the website, 1ton (25 of 40kg bags) some sellers have it for about for $150

One 20feet container is about 700bags which is 28tons.
so, the cost is............................................... $4200 = #2.016m
Shipping is......................................................$2800 =#1.344m
Clearing is.......................................................#1.5M
Mis & inland transport ..............................200k
Total............................................................... #5,060,000

Now divide that figure by 700bags you have #7228.50 per bag of 40kg imported POP cement
Did you know that POP is still being sold for #6000- #6500 for 50kg bag in Nigeria?

What will you then say of local products like rod?

spyder880:

N3550 as at Tuesday, now selling for N3,800 this morning.



Oh, please resend the message, I was so busy grabbing every building materials I could find from everywhere.

Chisos

spyder880:
Meanwhile, we've been bringing in some building materials for our use in this site, building materials prices has been going through the roof in a type of inflation never seen in this country before.

This is 12mm right? How much did you get it each?

spyder880:
My brother, I honestly don't think so. With what is happening now, dollar increasing and raw materials getting scarce, prices might remain high for now. The government also seems not to mind, because they might have taken steps to curb this inflation.

The inflation is staggering. I had sent you a message on WhatsApp since last week, but didn't see your reply.

sonnie10:
Except if dollars come down in the rainy season

I was told that rainy season slows construction activities and thus lesser demand of these materials and a possible reduction of costs.

spyder880:
Meanwhile, we've been bringing in some building materials for our use in this site, building materials prices has been going through the roof in a type of inflation never seen in this country before.

Do you think building material prices like Rods will come down by rainy season?

spyder880:
Have you prepared a building plan Sir?

Yes, send me your WhatsApp number.

spyder880:
Thank you Sir.

Can you give a real quotation for this project in a place like ABA?

strom:
Sometimes it is better to sell and buy the dip again

Depending on the level of loss, if U are exiting the market, is different. But loosing heavily and U sell and buy to leverage could be double die

Gentlelord:
I think I will have to cut my losses on DOGE, once it hits 0.07 I think I should sell. Elon musk deceived us.
Sailor1 what do you suggest sir?

U don't loose till you sell

Girl9999:
The only two men I've loved and taken seriously have both betrayed me. I can't trust any man again.

Very sad, unimaginable and depressing indeed.

Sorry, pray U find healing soon