₦airaland Forum

Daniwes:
I m posting here cos I guess I need some advice. I m in a major financial hurdle at the moment. I had an unfortunate incident which is in the process of copping me up of over $10,000(ten thousand dollars) and potentially higher. I now find myself thinking sleeping and dreaming of this debt that will be hanging on me. I sometimes think I m not man enough cos I look at those making big financial decisions daily in their companies and ask myself if I cant bear this debt, will I be able to handle something bigger. I m someone who likes to avoid anything which will make me loose money, and guard the little I make because deep down, I find every dollar I make as a lucky dollar I may not see tomorrow.

This is my personal pseudo-diary. I am someone who is averse to responsibilities, its why I cant bear the thoughts of kids if I don't have a stable career. I would normally save money in a certain safe account where I would think that if life goes sour, I can fall back to it in due time and "run away", however, I am now potentially faced with an unexpected debt. The thought is killing me badly. I ve not even been able to go out, just feeling depressed about these things. I m imagining my future and all, and how I am going to come out of these debts.

Today, I was thinking about my granddad who went through the civil war with over 8 kids, lost everything, and still rebuilt from scratch. Wish I could sit with him now to advise me how he did it. I know there are tough people here on nairaland, people who have gone through situations or currently living through "crazy" situations yet not being fussed. How do you do it?. How do you wake up everyday living and planning life when a situation is about to mess with you. Right now, I am not motivated to do anything till I know the full extent of the debts and related associated problems I may face.

I would like to think of myself as a free spirit who hates been tied. I will never do something if I felt tied up. Its why I will rather have $20000 in the bank and no "life" to having just $200, living life and waiting for the next paycheck cos I have a job. I always want to believe I can do anything I want to do.
Guys, pls share how you deal with life's challenges. I know some of you have these situations as well as other extended family/ relationship/business problems. I just need some advise

How did you get so indebted? Are you into gambling or get quick rich scheme? Elaborate on how the debt came up.

easzypeaszy:
They should just allow my ovr 1.5(HT) come first...bc na 150k i put..to win 300k

And if they don't score two goals in first half, your 150,000 Naira is gone just like that. Quit sport betting before it ruins you.

papascode:
Good day all,

I have been confused on what to do with the money I have saved. I am a contract staff in one of the banks and I have saved considerable amount of money over the years I have been working there. But I am tired of my job, as same as many of my colleagues who wish they had one quarter of the money I had saved to quit the job.

I am not a lazy man I am very hardworking as adhuged by my supervisors but the issue is I have stayed on one spot for too long and no promotion. My greatest joy is that I was able to achieve a masters degree in a federal university in nigeria while working but my job doesn't give me time to even look out for other jobs.
So please guys I am throwing this up here because I know on this thread there are people who have been in my situation before that made the better choice and are happy for it.
I have two very important decisions to make either to use the money I have saved to travel abroad for school for masters and hopfully settle down there or to stay here in Nigeria to start up a pure water production factory but Nigeria and it's uncertainties keeps discouraging me. kindly note that I have saved up to 9million naira to take up any of these ventures and I am 35 years not yet married.
Please I need honest advice to a brother there are some persons like me who will benefit from this advice we render.
Thank you

How were you able to save 9 million Naira as a contract staff in a bank? Contract staff in Nigerian banks are poorly paid. Majority of contract staff earn between 70k-80k. I doubt your story.

greatnk:
8am On May 28
Please! Please!! Please !!!

Help us in the name of God Almighty and with too much tears in my eyes great agony in my heart I sincerely and humbly write to ask for the financial help of well meaningful and good Nigerians and Non-Nigerians to enable us survive the bitterness and hardship of life. I am a mother of three children of age 5, 3 and 10 months respectively.

We are in a very very bad and delicate situation where everything has gone from bad to worst and we cannot cope anymore because we have nothing, not even a piece of food to eat and I don't know what else to do right now but I still believe that there are human angels with a heart full of compassion and kindness that God Almighty would use to reach out to me and my children to help and restore us to an up right position once again.

On the 29th of December we were scornfully and ridiculously thrown out of our apartment because of non payment of rent after which we slept in the TREM church off Osoloway for two days with the help of an angel (an Ibo lady who is a member of the church) after which God used another human angel (a Yoruba woman) from Ajao Estate to rescue us ( me and my children) and that was when my husband left from the church since he could not join us to stay in the woman's house and ever since then he has not returned and his mobile number has remained off and the God sent human angel accommodated and fed me and my 3 children for one month and even went furthermore and compassionately rented a room apartment for me and my children in Ikotun area of Lagos and also gave me thirty thousand Naira ( N30,000 ) for support which I used the money to buy raw materials to manufacture insecticides and germicides and supply to retailers and I did this for some time and out of it we do feed and I was able to register two of my children who has been out of school for over a year in a nearby school and pay their school fees for the school term that just past and a new term has commenced and there is no money left with me right now to run my business and take care of my children and their school fees because I spent all the remaining money with me in treating my first child who was very sick and has a heavy growth of E-Coli according to lab test result.

I appreciate God that my child (5 years old) is well again but now we barely feed and I go hunger most times to ensure that my chidren are filled with any little food I could lay my hands on and I coulld not do anything than to cry along with my children whenever the cry because of food which we do offer to people freely in the past before things went bad. I heartily appreciate everything God usec the Yoruba woman in the form of a human angel to do for me and my children and I can't stop thanking God and also the woman he has used to help me and my children greatly but I cannot continually run to her all the time for help since she told me that she is a part time student and have limited resources if not she would not hesitate to help me.

I honestly and sincerely need the financial help of good people to raise a tangible amount of money from N200,000-to-N500,000 to enable me continue my production and supply of insecticides and germicides since I already have a good customer base despite the fact that I have not been able to meet market demand for my products because of the small capital I started with initially. Getting a reasonable capital to start again will go a long way to boost my production capacity and also increase my profit margin greatly which in turn will change things for the better and enable me take care of my self and my children accordingly and also help me to register the products with NAFDAC.

I will be willing to pay back any amount given to me with a minimal interest if need be. Last week I applied for N300,000 loan at AB Micro Finance Bank but my application was not successful because I could not provide a guarantor that owns a shop within their proximity. Please, you can verify all my claims and I pray that God should use you or any person close to you as a human angel from any tribe and race to help me and my children in any way possible within your power and by the grace of God Almighty and surely my God and the God of my innocent children will bless and increase you greatly in every area of life and we shall be forever grateful.

May God Almighty bless you for taking your time out to read my plea for help.

Thanks and may God bless you all.

No assistance will be too small and please here is my contacts;

E: gr8nkeiru@yahoo.com
Ph:08103136367

Regards,

Mrs Nkeiru.

You don't give up? With all the insults and embarrassment, you still continue to create numerous threads for your e-begging scam. It seems begging for money delights you. Nobody is buying your story. So the earlier you find a job to do, the better. It's a corn season in Nigeria. Sell roasted corn at the roadside and use the money to cater for your family or hawk pure water at busy markets. Lazy woman.

greatnk:
Thank you lakeside. Yes it is my direct number, u can send someone to come and verify all my claims.

Lazy man, go and look for a job. You are a curse to your children. You don't want to work to provide for your family. You keep hoping a father Christmas on nairaland who worked hard to earn a living to cater for your responsibility. God punish you.

Uranus1:
This question is very much open and depends on the culture of a people. The cultural specificity of this, and others like it, is part of why it makes little sense for marriage to be universalized, or for every nation to adopt a one size fits all marriage rules and styles. People should always be free to adopt whichever system that best speaks to their individual or group realities and situations.

In Eritrea for example, women retain their fathers name (and even paternal ancestral name) regardless of marital status. In parts of Igboland of old (prior to the European colonization of that part of Africa), children took the last names of their mothers if the fathers had more than one wife. Till today, descendants of certain clans in Igboland are maternally chronicled. And this is in an ethnic group that is generally paternal.

To the Igbo, it made little sense to subsume every child born to a polygamous man to just his own name. Each wife in the marriage was recognized in genealogy if she had children. Genealogy is critical to the Igbo because they believe that certain traits (physical or behavioural) are transferred genetically from generation to generation.

So when they enquire after a person’s family, they want to narrow it down to the woman that bore the child proper.

The only women whose names were lost in genealogy were the monogamously married ones whose children automatically adopted the husband’s last names.

Western marriage system is monogamous and hence carries with it the automatic adoption of paternal last names. That automatic adoption of last name is being increasingly challenged these days though, but it doesn’t seem to have much propping except on the argument that men and women are equal.
The retention of maternal names in individual identification has been retained in America though where an individual’s mother’s maiden names are used to identify the individual.


In the end, it should be desirable for a child to bear a last name that can genetically identify him or her: to connect him or her to blood (or genetic) relations. Last names should not be exotic or issue of style because the ramifications of possible misuse or abuse, are serious.

Appropriate last names should play a reliable role in genetic identification process, at least to help society to forestall possible incidence of inadvertent inbreeding.

https://www.nigerialog.com/family/should-married-women-adopt-their-husbands-last-name/

Go and get a job. Stop posting meaningless thread this morning. Why don't you ask your mother or sisters the question? Rubbish.

Is the TV still available for 35k last price?

Live your life to its full potential and forget about disappointing your mother in the future. Tomorrow will sort itself out.

If your 38 years old brother does not work and always stay at home to watch TV, then how does he feed and cloth himself? Definitely, your family is supporting his laziness by providing food, shelter and money for him. Deny him food in the house and he will be forced to work due to severe hunger.

Bianda24:
Thanks. God will show us the path to thread. I am happy with the way people responded to the call of help. I really appreciate you guys.

Shut up. You are a man. In fact, you are married. If you deny it, I will post the various evidences here. Jobless man trolling on a forum.

.

libertyfather:
God bless you bro, please I need just one thing from you....that verse in bible that quote what u stated above

Proverbs 25:24

Pavore9:
What is your personal definition of feminism?

A man who fathers a child and disappears from the scene because of fear of playing the role of a father to his offspring, what can you attribute that to?

No man will abandon a good and loving wife to become a single mother. Most single mothers are feminist. They are arrogant, rude and unsubmissive to their husbands. They are full of troubles in marriages.

Even Bible supports a man to run away from a troublesome wife and sleep peacefully on a tree.

Feminism is the major reason for increase in single mothers in our society. Most ladies nowadays have bad attitude and not ready to be submissive to their husbands. The resulting effect is divorce that produces single mothers.

The way Nigerian banks are innovative in adoption of modern technology is impressive. That's the reason most Nigerian banks are very profitable and expanding to other African countries.

missioner:
with that amount you're good to go.
It is my work.
forget about formalities,
get d basics.
other things can come afterwards.

Forget about formalities is the reason why the bakery business will fail. How will you produce and sell bread without Nafdac to supermarkets? If Nafdac come later and shut down your bakery, won't you be back to zero? Please, let always do the right thing.

missioner:
with that amount you're good to go.
It is my work.
forget about formalities,
get d basics.
other things can come afterwards.

Forget about formalities is the reason why the bakery business will fail. How will you sell bread without Nafdac to supermarkets? If Nafdac come later and shut down your bakery, won't you be back to zero? Please, let always do the right thing.

Why must someone only get the PEP drug at government hospital? Can't registered pharmacies be allowed to sell the drug as well?

Your mum will make a bad mother in law in to your future wife. The earlier you settle your differences with your mum, the better before you get married. Or else your wife will be frustrated by her.

fonzie2u:
Tell us what happened,its easy to play the victim,from ur story he left u and hes nt willing to com back.
Perhaps u hurt his ego.
Men are like elephants never try to dominate them,and even if u do they never forget.
M nt judgin u,but u write wit arrogance.A million and one things I guess u did to him.

This is exactly my problem with single mothers. They always play the victim card and claim innocent. The fault is always the ex-husband according to them.

You can see they are all happy to console her without questioning the woman's behaviour during the marriage as well.

Misery loves company.

What did you do why your ex-husband abandoned you and the children? Hardly will a father just abandoned his children without any serious reasons. Especially if the said children are his pure blood.

It could be that you have changed as a loving wife to troublesome wife or you made the house unbearable for him to come to.

There are many questions that need answers from OP.

SoapQueen:
This is the trick I use when I sell any product. I tell them that my uncle from Ondo State, has a soap company and I am a marketer and that the soap is my only source of livelihood.

This way, they feel kinda "sorry" and pay up early.

It sometimes help

How many days or weeks do you grant your customers to pay their debt after supplying them your products? I really want to learn from you. So you are free to lecture me on it cause bad debts kill business.

iHart:
the people I currently supply to, pay cash.

Wow! You have good customers. It's not easy to have customers that pay cash on supply. Most traders like to buy on credit and pay later in Lagos.

iHart:
welcome, any question for us?

How do you cope with selling your soaps on credit to sub distributors? I hope they don't owe you and pay as at when due?

iHart:
in the next one or two comments I will wrap up my story. So I urge people to ask questions and express their feelings about this. Is there any question you have asked that I didn't answer? Please bring it forward. I will endeavor to give it a befitting answer. Thank you.

Kindly talk about how you market your soap to target customers after the initial production at your factory. It is very important as well.

Starboywrites:
Nigeria is the 3rd poorest country, so what are you saying?

Joke of the century.

donfish28:
I'm a regular reader of travels section and I have not come accross any thread on living in India. I'm a staff of a big multi national company in Nigeria and we have a lot of Indians working there who told me India is a good place to live in, so I'm planning to retire soon and relocate there. This is the reasons they told me
1 constant power 247, an India guy told me he has a 1 ton per day groundnut oil expeller and pays equivalent of 2500 Naira as light bills monthly

2. Cheap food, he said food is very cheap especially local food like rice and chicken and 1500 is enough to feed 4 people at a sit

3. Cheap accommodation, he said some cheap hotels charges 25$ per night, wow

4. Ease to get a visa, he said once you can get an Indian to give you letter of invitation, you'll be given visa at Abuja

5. Your Indian contact can also assist you with resident permit when you get there

6. He said he can assist me to set up a small groundnut oil expeller factory at the cost of 300k and I will make a profit of 150k everyday because Indians consumes lots of cooking oil daily, wow

7. Least I forgot to mention cheap internet

8. Cheap cost of transportation mostly trains and three wheelers

9. Indians has cheapest textiles factories in the world, you can export cloths to Nigeria for sale

10. Best ICT training Schools in the world

With this I'm already planning to relocate after retirement with my family with my gratuity of more than 5 million naira.

Please Nairalanders in India, is it true before I commence processing

Thanks

Have you asked the Indian man at your place of work about why he is an employee in Nigeria?

If he can set up a small groundnut oil factory with 300,000 Naira and make 150,000 Naira daily in India, then why is he working for someone in Nigeria? The Indian man is definitely telling you lies.

iHart:
Very good. Yes, making it bigger does affect the profit per one and subsequently the overall profit. Plodding a bigger size is faster and saves cost on diesel and labour. But there is what we call consumer poverty. I learnt that from the MD of a soap factory I worked in Awka, Anambra state, The Coopers. Queried why he was selling more of the small soaps, the MD made me to understand that due to the hardship in the country, consumer tend to buy what they can afford and use up at any given time even if it is more expensive on a long run. Take for instance, a peasant farmer who loves to take tea will prefer to buy 1 sachet of milk for #30 every day than to buy a big sachet for #800 naira. But actually, if you check the quantity of the #30 sachet that will give you that of #800, you will discover the consumer is paying more for less. The same thing applies for soap depending on your location. in my location, consumer are mostly low income earners, they prefer to buy the small soap once they want to wash than buying the big one. But do you know the good news? my sub distributors are now demanding for the big ones. Seems we are now getting out of recession?

So today, I took out time to design the eyelet for big size, and its cool.

You see why I didn't want to go into the "money" aspect of the business, it will make me to leave the story half done. Please I will want ti continue with my story telling. later we can come back to this.

pictures coming soon.

Please, I want to ask if you run production daily in your factory or not?

Has your wife given birth to children for you?

My offer of 30,000 Naira for the TV still stand.

My offer is 30k. And I come and pick it up tomorrow at Ikeja. Reply if you agree.

iHart:
...I managed to setup the factory. Now I can ease a sigh of relief. Its time to start production. I procured other necessary things; weighing scales, hydrometer, caustic dissolution container, oil bleaching container, cartons, oils, caustic, etc... Before we talk about my first production. let us take out some time to see how I learnt soap making.


My journey into soap making could be traced back to 2009 when I did my Industrial training (IT). I was opportune to secure an IT place in a soap making firm, International Equitable Association, No 1 Nicolas Rd, off Brass Junction, Aba, Abia State. The company produced the famous "Truck Soap". Unfortunately my training was short lived as the firm faced a deadly management war that saw it being shut down. I don't know if they ever resumed operation.

Do you employ a sales representative to supply your soap to customers? Or you also handle the supply and marketing of your soaps to customers by yourself?
Please reply