₦airaland Forum

MIKKY2:
[color=#990000][/color]INSTEAD OF ALL DIS GRAMMAR WE SHUD USE DIS MOMENTUM TO RECALL ALL OUR SENATORS ALL WE NEED ARE SIGNATURES

@Mikky2

Lead the way and we shall support u.

Guys, the rally made a big impact, the turn out was massive and the organization was impressive. The policemen didn't have much to do because the rally was peaceful.

I was happy when i saw that a huge number of people (from teenagers to men and women in their 60s) came out to support the rally.

ENOUGH IS ENOUGH!

tarano:
NBC's act is inconsequential in the new era of the internet, The man of God can go ahead and give his live broadcast on the internet, let the press carry it from there.

It was eventually streamed LIVE on the church's website. The broadcast was supposed to be within the coverage of Radio Continental(Lagos), it later turned out to be a world broadcast.

ENOUGH IS ENOUGH.

@ Poster.

At 27 and in 400 level, you talk like a 17 year old boy. I do not expect you to bring such issue on NL hoping to get an answer to wat concerns the future of both of you.

Grow up and get a life.

QUALITY is the watch word. If the clothes were well made, I would definitely buy.

I see some imported clothes and I wonder who on earth imported them.

Proudly Nigerian.

That's the limitation am talking about. If you download too many many things, the 5k might just last you 2-3 weeks instead of a month. But if you are a light internet user, its good.

I use Starcomms Evdo and the speed sometimes amaze me.

@innomaria
5k per month, 24/7? That's unbelievable. There might be a limitation to the usage. Can u elaborate more on this.

thaddeus99:
thanks house, I want to invest the money for just seven months coz want to use it on a project

You have just hit the nail on the head. 150K investment for 7 months.

1. Investing in Land  is out of it.
2. Investing in shares just for 7months is a win or lose situation and bearing in mind that you would later need the money for a project, I would advise you dont risk it.
3. I would rather advise you keep your money save for the project. Probably put it in a Fixed Deposit Account and roll it over for 7 months.

US is up to something and I hope its going to be in the interest of Nigeria and not otherwise.

US ’ll put pressure on Nigeria to embrace change – Clinton

By Agency reporter, Published: Thursday, 17 Dec 2009



The United States has said that it will vigorously put pressure on the Federal Government to make changes that will be beneficial to Nigerians.

The US Secretary of State, Mrs. Hillary Clinton, made this known while presenting an overview of the President Barack Obama administration’s agenda on human rights and democracy at the Georgetown University in Washington DC on Monday.

The US government regularly focuses on human rights, good governance and democracy issues, including an annual human rights reports as mandated by the US Congress in its relationships with governments of other nations.

In her speech, Clinton classified some governments under three categories.

The first are those that are able but unwilling to make changes desired by their people while the second are those willing but unable. The third are governments that are both unwilling and unable.

Nigeria and Cuba were listed by Clinton as those in the first category, while young democracies in Africa came under the second.

She did not mention such young democracies in her speech that was gazzetted and made available on Tuesday by the State Department to a US-based Nigerian news agency, Empowered Newswire.

Congo was the only country mentioned by Clinton as being among nations that belong to the third category of ‘unwilling and unable.’

In the speech, the Secretary of State said Washington would vigorously put pressure on Nigerian and Cuban leaders to end repression, improve on their human rights records and democratic practices.

She said, “like Cuba or Nigeria, (these) governments are able but unwilling to make the changes their citizens deserve. There, we must vigorously press the leaders to end repression, while supporting those within the societies who are working for a change.”

In the case of countries where “governments are willing but unable to establish strong institutions and protections for citizens,” the Secretary of State said the US would “extend our hand as a partner to help them try to achieve authority and build the progress they desire.”

Three former US Ambassadors to Nigeria, including Mr. Walter Carrington, had recently expressed the view that Nigeria‘s global significance was declining.

Referring to countries like Congo and others ” where governments are both unwilling and unable,” Clinton said, “We have to support those courageous individuals and organisations who try to protect people and who battle against the odds to plant seeds for a more hopeful future.”

She said that in all countries, human development must be part of “our human rights agenda.”

Clinton said, “Because basic levels of wellbeing - food, shelter, health, and education - and of public common goods like environmental sustainability, protection against pandemic disease, provisions for refugees - are necessary for people to exercise their rights, and because human development and democracy are mutually reinforcing.

“ Democratic governments are not likely to survive long if their citizens do not have the basic necessities of life.”

Referring to US President Barack Obama‘s acceptance speech for the Nobel Peace Prize last week, Clinton reiterated Obama’s position that ”while war is never welcome or good, it will sometimes be right and necessary.”

The Secretary of State added that the same set of values in the US Declaration of Independence were also ”the promise of the Universal Declaration of Human Rights, the prerequisite for building a world in which every person has the opportunity to live up to his or her God-given potential and the power behind every movement for freedom, every campaign for democracy, every effort to foster development, and every struggle against oppression.”

She declared that the US government’s human rights agenda for the 21st century was ”to make human rights a human reality, and the first step is to see human rights in a broad context.”

Clinton said, “People must be free from the oppression of tyranny, from torture, from discrimination, from the fear of leaders who will imprison or ’disappear’ them.

“But they also must be free from the oppression of want - want of food, want of health, want of education, and want of equality in law and in fact.

”I don‘t need to tell you that challenges we face are diverse and complicated. And there is not one approach or formula, doctrine or theory that can be easily applied to every situation.”

She added that sometimes the US government ”will have the most impact by publicly denouncing a government action, like the coup in Honduras or violence in Guinea.”

“Other times, we will be more likely to help the oppressed by engaging in tough negotiations behind closed doors, like pressing China and Russia as part of our broader agenda. In every instance, our aim will be to make a difference, not to prove a point,” the Secretary of State said.

According to her, the US ”will hold governments accountable for their actions, as we have just recently (done) by terminating Millennium Challenge Corporation grants this year for Madagascar and Niger in the wake of government behavior.”

She added that Washington was ready ”to help governments that have committed to improving themselves by assisting them in fighting corruption and helping train police forces and public servants.”

She disclosed that the US government would also “support regional organisations and institutions like the Organisation of American States, the African Union, and the Association of South-East Asian Nations, where they take their own steps to defend democratic principles and institutions.”

bamshow:
Ladies, Gents, wherever on the globe you might be, NigerianBanks used to borrow money from Foreign banks @3-5% p/a and sell the same to Nigerians at 18-22%p/a thereby profiting in the margin spread. But with the global crisis, This is no longer so, so they come up with ideas to make you part with your money and trade/ invest or extend it as a credit line at <20% p/a. My advice is this. before subscribing to any bank's investment or insurance scheme, Ask the marketer for the inflation rate in Nigeria. Next question ask them for their interest rate return. If inflation rate is greater than interest rate, Dont even allow the marketer to sit down. If otherwise, determine if the spread is ok for u before continuing. Acceptance will now depend on your risk apetite and nature.

But a Critical note is this; Average Int rate on Savings is 3-5% per annum, Fixed Deposit is 10-15% per annum. No Bank, I repeat no bank is going to offer you 10% per month. All their Rates of Interest is Per Annum, Monthly Figures will then be derived. The interest can be compounded monthly and credited to you but not the entire interest on principal per month. So look into the terms properly before agreeing and dont allow any sweet tongued banker to hoodwink you. Get your facts rite. Nairalanders, I rest my case

P.S I love the Banking profession a lot

I concur to the highlight. Even individuals in Nigeria that were aware took advantage of the opportunity through close pals abroad.

Shady Deal:
I can give you 25% in my MFB

@Shady Deal

With that kind of name, pple would be scared to make any deal with you. LOL

jay bee:
that's still about 4 -5 % more than banks in the UK will over you so it's still good value for money

I said it was RIDICULOUS because the N100K you will make from the N1million in a YEAR would not cover the rate of inflation for that whole year. So FD is not a form of investment.

Hey guys! Don't sweat it.

What ever percentage they tell you, its per annum. If it were to be 10% per month I would have made so much money from FD cos I did the research far back.

When you put in N1million you get 10% per annum from most banks and that is N8,333(0.0083%) per month. Meaning, 10% divided by 12. So ridiculous.

Saw the promo in a newspaper 2-3wks ago. Can't remember the price except i lay my hands on the paper but think its abt 3M.

If you can't afford a Toyota Corolla, go for the Yaris but make sure its the 1.5 engine.

I think a promo is going on for the Corolla. Ask around. Good Luck.

Haba! 1500 workers?

Where do you want those ones to go to? Join the already congested labour market?

There is nothing like investing in your passion and setting up your own biz.

mowaa:
make no mistake in believing that you will be paid 10% in 90 days, the 10% is the % u will be paid per annum, so if the bank decides to give u 10 , then it means practically u will be paid 0.83% per month i.e 10 divided by 12. So for 90 days which is 3 months u will get 2.5%

Well said. That is why most people dont keep their money in fixed accounts except if the money is really huge. If it is stocks, should be looking at long term.

The PHCN staff cannot give what is not available. Mind you, we have 3 seperate sections of PHCN - Generation, Transmittion & Distribution. The Distribution Staff I believe you are referring to can only distribute the amount of energy they get from Transmittion.

I know a bit of how the Distribution section operates and believe me, they don't mind giving you 100% of energy availalabe to them just to make enough money. (whether for the company or to embezzle). Every District is being given a monthly target to meet.

So paying the staff on commission would not solve the problem at hand.

My fellow Nairalanders

There is absolutely nothing wrong in lending your neighbours money, BUT DON'T BE DECEIVED. Some people are actually out to benefit from the loan. Nigerian leaders care less of their "Children"(Nigerians) not to talk of their "Neighbours"(Sao Tome & Principe).

@ehie007

Thanks alot for that post.

You have just nailed it on the head for me. The one I like most is:

Don't save what is left after spending; spend what is left after saving. Gbam!

labuke:
i really like this saving sstrategy topic, well let be sincere with each other, not everyone have a good saving culture. Iwork with an insurance firm and we have a package that is called individaual savings and protection plan, i have close to 50client, and i know how i run after them to pay themself every month, but for those that are honest with it, they have really saved something and i still encourage them to continueC cause it is this savings and investment they still fall back at, no matter what we earn now it not for life is for a matter of time,i can introduce the savings scheme to you, it will help u honestly, it is helping a lot of us. if you are intrested send me ur email addy, i will send what u stand to benefit on ur savings, send u all the details, u can think about it, then i can tell u how to go about it, it transparent, it flexible. it all about wealth creation and protection. let save today so as to cement the future

I would appreciate you post it here for everyone to benefit.

Sweet T:
@Poster

What saving strategy?? I ain't got none, i spend on what's good!! Life is too short to be wearing iron clothes. If i have extra, i might put it in the bank for another day or two till i see what's good.

That's some risky life u're leaving. Guess you don't have major responsibilities.
At least, if not for rainy days, you could use it to start up a small biz.

Every Nigerian is responsible for our present state. Don't think some foreigners or aliens would fall from the sky and make Nigeria better. It starts wit u.

nuzo:
@topic

The three major tribes in nigeria, with the hausa leading.
The minorities are exempted from my list.

The same minorities welcomed Alamesi?(former gov of Bayelsa) back to the state wit funfair after stealing N9billion.

Its Nigerians that keep damaging gas pipelines thereby reducing gas supply to power plants. Its just crazy.

We need to change our mindset and work together.

carlos222:
we should spend more in other for more to come that the rule of money for this credit crunch wahala

The issue is that a lot of pple don't even have enough to spend anymore wit the cut in pay packages and loss of jobs.

LadyT:
Spend less on entertainment e.g. eating out.
Take lunch to work.
Spend wisely do you really need 3 new pairs of shoes?

Put some money in a fixed deposit (although most banks offer rubbish interest rates at the moment) but its better than nothing.

All in all lets not panic

Nice strategies.
To think of interest rates given by banks could be pretty annoying, but like u said its better than nothing.

In these days of economic crunch, one needs to cut down on expenses.

So, I would like you to share wit me the strategies you use in setting aside some money for future use or starting up an extra business.

Your contributions would be highly appreciated.

How much do u get par click and wats the maximum u've seen someone get in a month.

I bought dollars for 172 yesterday as against 168 on the 24th. The rate is quite unstable during this period.

@Toks,

My condolence goes to you and your neighbours. You would definitely come out stronger.

Cheers.

GTB charge about $10.50 while the receiving bank might charge as high as $25.

tksays:
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@tksays
It is people like you that mislead new traders. You expect someone to begin with a $100,000 practice account and start a real account with a minimum of $1.

Why would you want to practise with the amount you cannot start with?

Believe me, there is no point being friends with your ex, it doesn't work out well. Not after going out for 6yrs. You would keep thinking he would come back to you and that would not allow you to move on with your life.

To heal your broken heart:

1. Let go of him
2. Let go of things that would remind you of him
3. Have more male friends
4. Engage yourself in things you love doing.

Cheers.

I would advise you go for Glory.

I have gone thru this before and I can boldly tell you that you are not her 'first choice' and she is back with you just to heal her broken heart. Once she sees someone else better than you, off she goes.

Be careful and make a wise choice. There is a thin line between beauty and ugly.

Cheers.