₦airaland Forum

Justcash:
Loans are not given carelessly. Normally a business loan involves, a presentation of a good business plan, presentation of collateral, sureities and referees, proper investigation,  evaluation of the loan's viability and profitability (Through rigid financial analysis) and some regulatory/monitoring activities by the bank.
Conditions attached to loans depend on the credibility level of individuals. If a Man wants to collect a 20million naira loan, and has properties worth 40 million as collateral, it is a good bergain. whether the person has 100 passports may not matter. As soon as he/she defaults, the collateral will effectively be given up.
Yes, development starts from home, but don't forget that the behavioural standard of a county's populace is largely determined by the kind of enforcement on ground.

Justcash:
The Topic is fine. I have been arguing in that context.

Beaf:
^
Where's the rest of your family; your aunty, paroh frey, your uncle, walakoloboa and your patriach, tosh acer?
Why do politicians unfailingly employ wasted thugs and the dregs of society?

chidichris:
@poster,
if your innocent posts are always deleted, please try guilty posts.

It's very challenging to develop Nigeria because people like yourself and myself are not doing anything, but complain and use corrupt leaders as an excuse.

It takes the entire village to raise a bright kid; I think it also takes everyone of us to see a well developed Nigeria.

Many of us are too busy and too focus on only making money in Nigeria; none of us is willing to volunteer to contribute anything toward developing this country.

May be this is the right moment for each and everyone of us to pause and ask ourselves this question:
I'm now 25 yrs old or 30 yrs old or 40 yrs old or 50 yrs old, through out my life as a Nigerian, what have I ever done for this country?
If you can not come up with at least 2 things, you're part of the problem.

You need not to steal money from Nigeria to be corrupt.