₦airaland Forum

Caicedobets:
This is the top profile the old Chelsea used to go after..
Not being an experimental ground for unproved players

I can see why the club might be interested in him. Bringing in a striker with his profile would definitely create a pathway for Guiu to secure his spot in the first team soon. At the same time, MJ would get someone with experience to learn from or partner with in certain games. Unfortunately, there’s really no hope for Nkunku here.

izzou:
[color=royalblue]I think Swiz is judging Nigeria solely based on his circle.

Even if you count all the Lexus and Warehouses and business men, these people do not even make up to 10% of those that will see 160 million oh.

Maybe 10% is little, but it is definitely not as high as you guys are painting it.[/color]

@bolded
Exactly!

Bro, trust me, that 10% is a generous figure.

Take yourself, for example. You travel a lot and have probably seen more areas in this country than I have. If you think about the everyday people you come across on your visits, do you really see many who have N160 million or are likely to have it in their lifetime based on what’s available to them today?

swiz123:
What are you even saying. 5 years ago, it would have taken a professor less than 9 years to accumulate 40M total earnings. You are only shouting 160M now because their salary stayed the same over these years.

I know a senior lecture who sold a land she acquired back in 2003 for 50M and she owns several other which I don't know its value now. She might not afford to buy lands now from her salary but she's definitely worth well above 160M.

So, just because you know a senior lecturer who sold their land for N50 million, does that automatically mean that all the lecturers you know have land they can sell for N50 million in the same institution? And does that also apply to those who aren’t lecturers at the university, like cleaners, security staff, and admin workers, having land somewhere that they can sell today for N50 million?

Have you considered how many people are actually in the same position as your senior lecturer? Are you aware that your senior lecturer might be among the few who are lucky enough to be in the top 10% of those who have N160 million or can expect to see that amount over their lifetime?

No offence, but you’re starting to sound like someone who lives under a rock.

Dey play you hear!

swiz123:
You seem not to be getting it. They said 10% of Nigerians won't worth 160M in their lifetime.
Worth means after calculating earnings, expenditure and assest owned.
I hope they can stand by same figure 20 years from now.

I really overestimated some people here.

Bro, I don't understand what you're on about, but let’s clarify a few things.

First off, I don’t understand why you’re twisting the facts and misrepresenting the numbers. Just to set the record straight, I stated that 90% of Nigerians will never see N160 million, whether it’s taxed or untaxed, before they leave this earth. It feels as though you’re arguing against a point that isn’t even being made.
Also, it seems to me that you’re not recognising the reality that most people in this country are facing today. There’s a statistic indicating that 73 million out of over 230 million in the population are employed. That’s less than half of the population—let that sink in! Out of those 73 million, we have petty traders, small-time farmers, artisans, labourers, and self-employed individuals, among others.

Let’s assume we set the minimum wage at N200,000 across the board. If you consider that most of these individuals didn’t start earning until their mid-20s—especially for graduates in white-collar jobs—it presents a different story.
If you project their earning power over the course of 40 years of active employment—keeping in mind that Nigerians often retire around 60 years old—along with any substantial wage increases they might receive due to promotions or length of service, how much do you really think will pass through their hands?

You mentioned metropolitan cities, but let’s be honest: Lagos is the primary place where people come to hustle. Yes, there are opportunities elsewhere, but when we look outside Lagos to other states, aside from government jobs and banking, many are self-employed as petty traders, labourers, and small-time farmers. What else is out there for those millions of Nigerians to earn from?
So, where do you think most of these individuals will ever come across N160 million in their lifetime?

Take a step back from your emotions on this. It's Sunday; it’s not too late to conduct a survey. Why not visit a local church and gather some insights into the actual living conditions of Nigerians around you?

Good luck!

obainojazz:
Who be Obianojazz Mr Giddz?😑

Bro no dey disguise abeg. Na only me for this NL you never still do give away for. You and Dayo no Dey try at all

izzou:
[color=royalblue]For Keke riders, the delivery is dependent on the route, and the repayment package (Rental or HP)

I really can't say, but I believe it will be difficult for a Keke guy to hit 100k in a week (Gross)

But for Uber, absolutely Yes. If the driver knows his onions, he can make 100k or more weekly.

Another factor to note is these profits are seasonal. Some days, you go manage carry 5k go house. Some, you go cash out.[/color]

Thanks my brother.

E be like some people wan whine me before today

GloriousGbola:
Hmm

Contract staffing will fk with your brain because you are doing the exact same work as your paid colleagues. Maybe even more because they have union or they sha cannot be exited just like that.

I agree. Very dubious way of employing skilled people

Theflint1:
At least those ones will take consolation in the fact that they didn't go to school, so among their set, dem sef dey okay. For contract staffers, you can see two persons with exactly same qualification, class of degree and doing same job, yet one's contract and the other permanent.

I agree

BlueRayDick:
Contract staffing is wickedness Aswear! People will think u are gainfully employed but u will never be able to carry Ur responsibility.

I wonder how people marry and start a family while doing contract work either for banks or any other financial services firm.

Contract staff people are still lucky now. The drivers, security men, and cleaners,nko? How dem dey do am?

iamoyindamola:
The $ of that year
Abeg I go need am now

Bros dat money don finish. Na raumdeuter and Obianojazz naim my hope dey on like this

afrodoc2:
Odogwu!

Live and let live nah.

My able chairman. I twale baba!

GloriousGbola:
take how hard nigeria was for me this year, and multiply that by 5 or more for others.

My brother I know wetin my eye dey see oooo. I’ve strategically limited the money I give out monthly to a specific group of people. Once I hit the allocated amount, that’s it. I don’t even bother dropping offerings in church anymore; I give that money directly to certain people, including the elderly folks I know are having a tough time and can no longer hustle.

chidekings:
let me ask you,as a family man.....don't you spend more than 250k a month......

I’ll be honest with you: I currently spend way more than this amount supporting people. When it comes to my family expenses, it’s just too ridiculous to start throwing numbers around here.

Let’s not digress from the discussion, please. I’m interested in opening your eyes to the reality of most Nigerians, as my circumstances are not the norm for over 90% of them.

GloriousGbola:
150 million over 30 years is 5 million per year

divide 5 million by 12 and is roughly 400k per month

now tell me how many nigerians earn 400k or [b][/b]more per month as salary or business earnings?

where is your arithmetic coming from?

how many jobs pay that much? how many jobs can afford to pay that much?

first off , it is mainly corporate private sector and federal govt employment that can pay that. state governments that are dragging 80k minimum wage cannot. so where are your 180 million nigerians earning 400k per month coming from?

Also, just to back up your point, anyone earning N400k and above as a federal government employee must have put in some years of service to earn that amount.

chidekings:
i am an employer of labour in my small lane..160m is big money to me and to everyone,but saying most won't see it in a lifetime is capping..

Thanks for being so generous to share that information with us. I have a follow-up question: can you please share the estimated figures for your highest-earning employee and your lowest-earning employee.

P.S.: I have other questions to ask, but I’m aware that this discussion has gone on for a while, so I’m keeping my questions limited so we can wrap this up as quickly as possible.

Melvyn11:
You are asking irrelevant questions. I don't need to share any of my personal experience or earnings with you. I didn't ask for your personal earnings. I hate people that can't have a simple discussion without throwing insults or act condescending. You have used the the words "kids" "stupid" " now you are asking if I am mentally ok. Do you think calling anyone a kid or stupid is going to make your argument superior? Back to the discussion.



"Inside your Uni mates wey Una finish together, how many don get job or hustle wey Dey give dem more than 100k a month?""


Tell aus what you mean by this. Everyone could see you were insinuating seankafor friends won't be able to afford an hustle that pays at least 100k monthly. If it's a lie tell then explain what you mean by that statement.

Point of correction: calling you a kid or stupid cannot be an insult if it’s the truth.

If you think me posing that question to Sean is meant to ridicule or insult him and his friends, then you’re even dumber than I thought. I asked him that question because the best way to analyse a situation sometimes is to use one’s immediate environment or experience.

If he is here talking about how people are making money, using his most recent environment—the university he graduated from—it’s not out of place for him to let us know how all his mates are now wealthy or on their way to hitting that N160 million, wouldn’t you agree? Like the famous phrase goes, "all hands are not equal’’. So, I know for a fact that all his mates aren’t progressing in life at the same rate and won’t achieve the same outcome when they exit this earth.
I graduated years ago, and I can categorically tell you that more than 70% of my classmates have yet to see that money. By the time we exit this earth, over 90% will end up not seeing it.

I asked you those pointed questions not because I was trying to be condescending or attack you in any way. I asked those questions because I’m curious to learn more about a person who thinks Keke riders who don’t own their own Keke are earning 100k per month after paying the owner. What that obviously tells me is that you’re full of sh1t and don’t know what you’re talking about.

I’m sorry if my tone was a bit much and if I used words that you find offensive. However, if you must come to a public forum to challenge any position, you need to do so with evidence to support your claims—not with blind emotions that reflect your age and make you sound dumb.

GloriousGbola:
also a possibility that they dont understand that being paid 80m to do a job does not MEAN you have 80m. you have what is left after you have executed the job.

the only people that can get paid 80m up front in full are entertainers or tied in government contractors

Exactly! I’m still trying to understand how they arrived at their conclusions in the first place. I’m mentioning specific employers, so we can all come up with a rough estimate of earnings based on levels, length of service, and so on.
But these people are just talking rubbish about keke drivers and bricklayers.

Abeg, Izzou, I need your help here because I know you’re in the transport industry. Could you please let us know the estimated weekly or monthly earnings after these people (keke riders or bolt/uber drivers) make after their weekly returns? I’m not talking about the defaulters, ooooo….

diggz:
Keep quiet my guy! As you don hustle reach for streets….e look like say $100k na chop change for people in Naija?

Inside your Uni mates wey Una finish together, how many don get job or hustle wey Dey give dem more than 100k a month?

Sorry to ask, but are you sure everything is okay up there?
Here’s the post you responded to above. Can you show me where I claimed that most people can’t earn 100k monthly? Please take another look at the post and let me know how it translates into me saying that people won’t or can’t make N100k monthly.
Since you’re so invested in this conversation that you’ve started bringing up front-page topics from someone you don’t personally know, I’d like to ask you directly: Are you an employer, an employee, or self-employed person? Whatever you claim to be, can you please provide an estimated figure for your monthly earnings? I’d like to see something concrete.

Don’t come back with no bricklayer or keke man story abeg you. Just drop your personal experience as an adult please.

Melvyn11:
Baba I don't remember the topic. The comment was on the front page.

chidekings:
bro even to every Nigerian, no ones says its pocket change.but to say 90 percent won't see it during their lifetime is pure capping.

Sorry to ask, but can you let me know if you’re an employee or an employer of labour? Also, could you share your estimated monthly wages?

By the way, can you tell me how those 90% of people you think will see this money in their lifetime are actually going to earn it?

Melvyn11:
Bro you are typing out of point. This particular post was in response to diggz claiming Keke drivers can't make 100k monthly.

Provide the post guy

GloriousGbola:
you are countering your own argument

so if a person saves 1.5m in a year - that means it will take him 100 years to save 160m

while in a backbreaking job that has no career prospects. how long can the driver take to save to buy his own keke?

These kids are stupid sha. Unfortunately, na faceless forum we dey so people can cap rubbish here mschheeew

[

Melvyn11:
Go and look at the post diggz made. He literally believes people cannot make 100k monthly from hustling. You should be telling him not me.

Bring up the post

GloriousGbola:
if you are living under your your parents roof, 100k can seem like a lot of money - as you have minimum living expenses

how far will 100k go if you are paying rent, buying food daily, paying for electricity, water, etc?

bricklayers and keke riders do not even count money in per month - they literally live day to day

and a day they dont hustle is a day they dont eat.

I shake my head at the irresponsibility of the next generation. They don’t seem to appreciate the uniqueness of the country they’re in or understand what it actually takes to make or earn a living.

Davido, Wizkid, and Burna Boy have distorted their reality.

seankafor:
oga no be fight naa

Maybe na Ur environment u need change las las..

There's a saying that goes..

Money dey, na u no get am

The world does not revolve around you and your environment

My environment dey extremely ok no worry about am. No be to Dey pluck numbers off your head and motivational write ups go provide for over 90% of Nigerians. You obviously don’t know what you’re talking about bro.

How many people you Dey pay salary in a month? Do you have a driver? A chef? Gate man? House help? How many people you Dey pay their salary in a month?

Do you own a business? How many employees you get?

When I ask you to keep kwayet earlier, I no mean am as fight….e get why.

Melvyn11:
Baba nor dey cap. What is this? Keke drivers and bricklayers make more than that monthly. Even small Pos operators make more than that amount. Una sabi whine people for here.

Keke drivers make more than 100k in a month and bricklayers lol. E clear.

BlueRayDick:
Just this last week I was having a conversation with someone who said her mum's friend retired as a teacher recently after over 30 years of service and the woman got around N6m.

That is someone who worked and toiled for years to serve in the civil service o...

The way all these people just dey talk about the 160m dey funny me.

Azzzin ehn….people are just chatting sh1t. If dem dey see that kind money or their circle Dey see that kind money no mean say na so e be for every other person.

Let’s take a sample size from the population of those living in Lagos State.

How many people can we say earn more than 5 million annually? In Lagos alone, we have four major employers of labor: the government, the financial services sector, oil and gas, and telecom. Let’s even throw in tech companies, which cut across most industries. How many people can we say will earn more than N20million annually in the first two decades of their employment?
Now, let’s move away from corporate jobs and talk about petty traders, artisans, conductors, and so on. How many of those people do we actually think earn above N5 million annually?
It’s disgusting how people throw numbers around without any idea of how those numbers came about in the first place.

If you’ve ever earned money legitimately in Nigeria and you think 160 million is just pocket change, then I would like to know what you’re smoking.

seankafor:
160 mil is just less than $100k oo

Not really much for 90% of Nigerians not to see in a lifetime..

Keep quiet my guy! As you don hustle reach for streets….e look like say $100k na chop change for people in Naija?

Inside your Uni mates wey Una finish together, how many don get job or hustle wey Dey give dem more than 100k a month?

afrodoc2:
1 million different house owners in Lagos alone?

This is where I call Lamba. 😀

What is the population of Lagos first?

People are just pulling ridiculous narratives out of thin air, but I guess that’s okay in this little world called Nairaland. However, anyone who has worked hard for their money in a place like Nigeria knows better.

Minimum wage is less than 100k, but you believe say 90% go get assets and money worth N160mil in their life time. How?

N160million must be a joke to these people.

In a country where the minimum wage is still less than 100k, if you believe that 90% of the population will ever see N160 million (including both taxed and untaxed), then you might as well believe that I built the Third Mainland Bridge and still collect tolls from it. I rest my case.

Melvyn11:
Do you mean like have 160million in their bank account at a point or spend/earn 160million in their lifetime?

Both

Melvyn11:
Which CBN governor? CBN has never said anything of such nature.

Even without CBN saying it sef. Over 90% of Nigerians no go smell N160mil in their life time.

raumdeuter:
I will say 99% of Nigerians will never own such money in their lifetime.

I don't want to use the word see. Cos it might mean seeing other people's money

Omo I just tire. E be like na another country we dey or dey talk about here. For a country wey still dey drag 75k minimum wage naim person say plenty people dey wey go see N160mil o. Issorite.