₦airaland Forum

The love of moneeeeeeeey

There is something called economy of scales in life. It is a concept that transcends many areas of life.
Mariage, community, industry, home economics, family, civilization, urbanization, academics, and even ministry or church as we all like to call it.

Let me explain the concept with few examples.

Example one - Industry
If i have the task of producing a shirts with the inscription "JESUS IS LORD" on t-shirts, and i approach a printer(press), they will give me the a quote that breaks the cost into two main component. The static, unchanging part on one side, and the redundant parts that needs to increase as i print more shirts. That will be the impression or mold creating the unique inscription and then the ink used to create more inscriptions on more shirts. The impression or mold is of fixed cost and the ink used per shirt is of fixed cost also but with an interesting twist. The two cost will combine to give a lower per unit cost of printing each shirt. That means in simple terms, i get a cheaper deal per shirt as i print more shirts or more appropriately put, scale up my shirt production. Thats where the concept of economy of acales comes from. That is to say, scaling up production to reduce cost or improve economics of production on a per unit basis.


Example two - Family
Mr A has 2 children and Mr B, 50 children, all in school.
Mr A can afford to put his two kids in a school of N50,000 tuition. Mr B on the other hand will need N2.5m to put all his children in such a school and may be well served by establishing a school not far from home(transportation cost too) and enrolling his children there, then hopes the extra admissions from outsiders helps offset the bill in that school to his advantage.
If Mr B follows my advise, then he will have scaled up the size of his involvement in education to drive down per unit cost of educating his chidren on a basis, and that's what the economy of scale concept entails.
If Mr B and Mr A are neighbours, Mr A may even choose to enroll his kids in Mr B's school to save transportation cost.


Example Three - Education.
A university faculty has 20 competent lecturers, allowed to admit 500 students but have space to comfortably accommodate 1000 students. They may decide to actually admit the 1000 student and support the faculty with 10 junior lecturers to assist with aspect of the faculty that scales up with more student. Areas like examination script marking and supervision of exams or projects or material handling. At the end, if 500 students can offset the cost of paying 20 senior lecturers, then 10 extra hands can aid scaling up of faculty size to 1000, we may well say scale of exonomics has kicked in, and to good effect.

The main point - The church.
Finally let's come back to ministry or the church which is the focus of this topic.
Getting a jet does not conclusively connote wastage or avoidable luxury. It is all about the cost of the average travel by key members of the ministry involved. By scaling up their involvement in transport or travel, will it drive down average cost of travel for that church?
Thats the main question to be answered and not why a catholic that's bigger in finances has no jets compared to smaller churches.

Thats like saying because Holland or Belgium is smaller than Kaduna or Kwara state alone in Nigeria, they are being greedy by industrializing their country to be bigger and stronger economically than Nigeria.

Also the book of Luke. Jesus was joyful at 3-6 months into formation.

Asari Dokubo too was once in incarceration. Explains why they have no pictures of dead terrorists. None are dead. They just inching towards that oyel amnesty everyday.

LegendHero:
Make sense.

I want that to be like $70bn next year. We can do this.

after descouraging Japa hustlers abi?
I will like to see remittance by region. That other region that eats oyel money know why i am asking?

The war and not military operations. He knows the cost of WW3 with russia and few roque nations on one side on his beloved Rus.

Riggers doing the dirty jobs ahead of time.

Debt wasted is what leads to revolution. Just look at Kenyan and Ghana of recent.
They are constructing flyovers, highways and paying groundnut eaters in civil service. How will those create or aide creation of needs.

Correct one. At least we will the see faces of those bully hostesses and airborne agberos.

They said Naira shoul settle for around N700 a dollar when flloated. How far?

erad:
Hatred is a mental problem.

Do well to seek help before it corrupts your whole being.

If Adeleke wants to build a whole uni for AI, let's see the programs on offer in that university and a strategy to staff them effectively. Will the university curriculum come from NUC? If not from where?


This is overdo in my opinion. AI shouldn't need a whole school but a department under science and technology faculty at most.

Will it be a monotechnic? Thats one program they are building a while school/university for?

Wonderment.

Bobodee09:
Abia governor just took the same Islamic loan....we didn't see you people criticise him.

Hypocrites.

while i am no Abian, he took it to beat high interest rate, can qe say same of the islamist?

They used it to make Nigeria indebted to Islamic institutions and thus advance their cause.

Appletek:
When they were using Sukuk bonds to fix the roads in your region, why didn't you complain?

Or, you didn't have teeth then?

they should use sukuk bondagee loan to build their islamic region first and leave oyel money alone.

My region has no Niger River

Appletek:
This is dedicated to those who were saying this project is a phantom project.

still one based on crippling loans we are taking.

AI husband. Lol.

The list is funny. The list is an insurance policy.

Money mechanic charp charp. Cellotape paper scissors

Was expect an headline like :

US SPECIAL FORCES ARREST PUTIN.


LOL

Explains why cash inflow was reported to nhave increased for the businesses left behind.

Format your text well. 3.8 for repairs/maintenance but 3.6 for new.

Aftwr major companies exiting, it is normal the remaining ones experience improved patronage and thus cash inflow. It is also bound to happen because much cash now circulates.

APC and propaganda interpretation to simple, innocent facts.

What then brings about masturbation? Be candid as a spiritual person in your answer i am waiting.

Risingblue008:
Stop acting as if ur helper has been sold to the juntas
U join cause all the problems

how exactly please?

how exactly please?

how exactly please?

Risingblue008:
Them never see anything
We have along way to go if we keep voting based on tribal issue

Be sensible for once. Can they match the govt in power when their votes are being diverted? It is not everyone that appear to vote that actually voted.

WriterNig in another account. Take it easy sir. Hmmm

Belurved1:
What took her so long before taken this decision now? Probably, she was brainwashed without thinking twice. That's woman for you.
Your case is under probability.

you based your own harsh judgement on your own speculation.

After "cornering" the public amenities and funds, they are eyeing private owned organisations. That is chaos to the society.

They like to enjoy what they are not part on their own terms. Thats satanic.

There is a good reason why Romance is on a separate section from Family on Nairaland.

Hmmm. Real or fake?

Hmmmmm2024:
Russia is fighting a war with Ukraine...so Russia can be begged to stop...Russia is not fighting China or America...so don't generalize the begging...the same Russia recruiting military from other countries to fight small Ukraine not even up to the size of Lagos 😂😂😂

Ukraine is Europe's second largest country after Russia. Thats many times the aize of Lagos.

Militarily, ukraine is like Lagos but not in terms of landmass.