₦airaland Forum

GeneralDae:
Let’s all just wait and follow the Taiwo Oyedele meeting. We would summarize the nuances after that.

I entered a twitter space two days ago where tax (as related to the stock market and fixed income market) was being discussed, they invited a tax expert but I entered late and they were almost done. But it seemed the tax guy (guest speaker) did a good job answering most of the questions.

So I believe there would be clarity when more of these guys come out to explain the nuances involved.

I strongly believe they have modelled their system based on the European model but in a little bit more progressive way.

Is it only when it comes to squeezing the people that we know we have to model European/advance countries?
When it comes to taxing, increasing fuel price, education fees etc. We remember ours is low compared to other African countries and Europe but when it comes to raising salaries, good and proper train networks, electricity, subsides on many sectors and commodities, we tend to keep silence.

Agbalowomeri:
E be like we go soon put you and Tinubu for ring to battle it out

mysticwarrior:
when you are on leave from work, tell her that you have lost your job then come back here to tell us your experience after two months.

Someone says his wife is here reading his comments and you expect him not to respect himself

LordAdam16:
The Resistance has exposed all of them.

Genocidal oafs.

This was in Carney's statement.

After gaslighting the whole world that it was the Palestinians that did not want a two-state solution, they have finally dropped the mask.
They want to conduct ethnic cleansing in 2025.
You came to a land in 1948. You drove out the inhabitants and took the lion share.
Over 70 years, you've killed and displaced millions of the original owners.
Now, in 2025, you are saying that you will not allow the inhabitants to manage the small land they have left and form an independent state.

Hell is empty and the demons are here with us.

-Lord

Gerrard59:
In Nigeria? Yes. In Africa? No. South Africa has the highest middle and upper class folks in Africa.

I stand to be corrected.
I think the igbos have the highest middle class in nigeria because they are mostly into business.
We under-estimate the large chunk of people business/market has elevated out of poverty - Kano markets, Jos, Lagos, Aba, Onitsha and co

shoodboi2:
Everything goes back to self confidence. It is common for UK dudes to convert their “wealth” into naira and then turn around to claim they are billionaires. Our people in the US, Australia, and Canada rarely do it, but those in the UK are pros at it.

Even a 2000 pounds salary in the UK is around 4 million here. That makes you a millionaire in naira, but is barely enough for you over there. By the time you remove taxes, rent, and utility, there is barely anything left. So what is the point of the conversion if you are not spending it here?

This issue has been addressed here on NL several times. Wealth is based on where you live, and wealthy people do not need to convert wealth into a weaker currency to prove they are wealthy.

Leave it in your currency, subtract your debts and bills, and then compare what is left with the middle class of the country you are based. Then you will understand where you stand.

I agree with you at the bolded

nairalanda1:
Most African countries are basically like Nigeria.

Yes, what you see are the pictures of the capital cities or the large cities, where they show the nice parts of the city, and you also think that they are living well, but at the end, step out of the city...and you go see most places are like Nigeria.

I have seen videos of Ivory coast and Liberia for example...outside the city, and even in the city, it's like Nigeria.

I know I am going to hear the old 'they have light'...but what many of you don't ask is how much they pay. Ivory coast and Ghana for example pay more than Nigeria for light. Because of that, Ivory coast for example has not had a grid collapse for over 40 years...and they started around 1990 with high power fees.

Population plays a role. Ghana has 20 million people, yet earns more in cocoa exports than Nigeria, ditto ivory coast. At the end, they will have money to spend

Even then, many of these countries suffer the resource curse....so they are underdeveloped.

Not just west africa...check out other countries like DR Congo, Central african republic, congo, zambia, malawi, tanzania, even rwanda...step outside Kigali and it is basically Nigeria part 2. Kigali even has slums that look like Nigerian slums self. Ehtopia...outside Addis, it's basically rough living. Some parts don't have tarred roads self (one journalist once went to a remote area in tigray...the road was so rough they needed to travel by range rover. ).

South Africa probably looks nice, but they have a diversifed economy. Meanwhile....some parts look like Nigerian slums self.


That's why, before you accuse me of defending the uselesss APC government and tinubu...I keep saying that if NIgerian must be better, we got to do what developed nations did to become better...and that means fighting corruption, better tax net, diversified economy, and eventually an economy that sells manufactured goods and services.

Yes, an economy that sells manufactured goods and services, whose prices we can control, and as a result we would rake in dollars in the hundreds of billions. Yes, that is how china went from a gdp behind sierra leone in 1973 to being a lender to the same sierra leone today. But when I say this on this site, tinubuites abuse me, and anti-tinubu people call me agbado, so I just keep shut.

Thank you jare for the write-up.
When i see people create such topics, i just classify them as one of those people who hate the country with passion and will constantly look for points to degrade it more.
If you have travelled round sub-sahara africa, you will know most of the african countries are like nigeria aside south africa.

peleson1:
Give update on the politics of the oil rich region and let us know if they still have similar immigration system at their borders .


But if angola government is serious,they can open up Angola through regional infrastructural investments and improve on healthcare, education and sports massively

The issue is the massive corruption in the country like every other black african countries.
Are you in Angola presently?
The immigration bottleneck is still in place.
You need to pass through immigration when going from one region to the other e.g Luanda to Soyo to Cabinda

And this

The new airport has 126 gates or outlets to enter a plane. That is to give you an idea how big and massive this airport is.

Imagine a country with total daily local flight from her capital to other areas in the country to be just 9 flights per day, just 9. That is to tell you how poor they are.
That is like saying Lagos to other local airports in nigeria flight per day is 9 or abuja.
I want to believe calabar port or Uyo or Asaba do the same numbers per day.
Remove Lagos, Abuja and PH because these are massive high traffic airports.

I don't know what angola govt. want to use this big and massive airport for because they have a small population of 30m and a large percentage of them are poor.
They hardly travel by air so i am just wondering who their target markets are?
If this is in Lagos or Abuja or Egypt/Ethiopia/South Africa, i will understand due to their huge traffic or population or economy but Angola?
With this massive infrastructure, it only means one thing - China that built this airport is positioning Angola for massive economic implosion soonest. It means there is a long term plan to open up Angola previously highly-closed economy to the outer world.
It is/was a socialist-UUSR type of country that hardly allows foreigners into their country but after the last president that died in 2023, the country has been relaxing her grip on the citizens.
The 30 years war was between Russia-supported/socialist sitting president and US-supported rebels but the end, the rebels lost.
The last election i think in late 2023 or early 2024 was a tight battle between the Russia/China leaning sitting president and the US/Western backers leaning opposition candidate and the margin was very very tight and close - around 51/49% votes.
Over the years, the margin has been closing gap and there is a popular believe the US-backed candidate will unseat the Russia/China backed presidential candidate and party in the next election.
Last election was tight and rigid.
There was frictions in the air and near/close violence and civil war in the fragile just coming out of a 30 years country.

Gerrard59:
Nothing wrong with this. It is a capitalist world. Did the Chinese stop/prevent you from doing the same? Who sold off these properties to the Chinese if not people like you? Has anyone said you should not buy properties just as the Chinese do? The solution is for the Lagos state government to invest in public housing. The Chinese aren't solely responsible for the property and rent increment in Lagos when it's Nigeria's smallest state with the biggest economy and is the most populous.

If you want FDI, be ready to have those foreigners buy properties in your community. Otherwise, be like North Korea. You people are no different from the so-called racists who bemoan the presence of Blacks and Indians in the UK and the US.

Gerrard59:
During Yar'Adua's and Jonathan's administration. I think even to Buhari's tenure, Angola went above us in oil production.

Looking at your post about their airport, for an oil-rich country, that was very poor. This means some states (aside Lagos and Abuja) are better off than some African countries' capitals. No wonder some of our people would go there and blow quickly because of the poor exposure those people have. The koko is to go there, do your stuff quietly and make an insane amount of money. Get back home and do Money na Water in Owerri.

Yes, there are alot of igbos here trading spare parts and used clothes in bales and many yorubas in the corporate sector mostly oil and gas.
The issue i have with some of them is that they dislike seeing other blacks being their boss. They rather prefer a white to control them than maybe we nigerians or south africans. They see us as the same level and wonder why we will get more paid than them doing jobs they feel other angolanas can do.
Generally, sub-sahara africa is poor including Nigeria and excluding south africa but what differentiates the average Nigerian from others is the Mentality and Flare for success.
We know we are poor ... Fine, we know something is wrong and we need to put in the efforts to change our status.
This factors are what differentiate average Nigerians from other black africans from my little tour of africa.
Many of these african countries youths are docile, not highly motivated or fired-up/ contented with their status e.t.c
All you see mostly in the evening are youths/boys/men plaiting hairs/dreadlocks, piercing ears/using ear rings, sagging / clubbing/partying/flirting with ladies around.
They are not highly motivated or challenged for success.
A little money/success and he baffs up and chasing skirts all around.

Just see Pictures of Luanda their capital taken 10 mins ago

Gerrard59:
The Chinese have INVESTED in Africa more than the West have done. China is Africa's biggest trade partner. Chinese are building factories in Nasarawa, where graduates earn 500K per month. Chinese have built trains to transport containers from the north central to Lagos ports (first of its kind). Chinese are building factories in Kastina state. Chinese are building factories in Ogun state. Chinese are in Abia and Ebonyi building factories.

As it is, it is easier to get a visa to visit China than to visit the US. This is just Nigeria alone.

You people are ungrateful!

Not ungrateful rather brainwashed by the west

Gerrard59:
I don analyse am tire and have come to the realisation that it is a woman's world. I am supposed to write on this sef. An educated woman in today's world has more power and opportunity than ever recorded in history. The only way out for a man is to have few children so the bulk of his savings and investments stay within himself till he kpeme. This is because even the children at a young age cling more to their mother than their father.

Our men should be more selfish and better planners. The era of paying for the education of a woman one is not married to has to end. Complusory taking care of her siblings (that is her father's responsibility) too has to cease. Conduct DNA test in at least two reputable centres.

The sex is not even frequent as the man has to beg for it. Jesus! Wetin I don read about sex between husband and wife from today's women scare me to the bones! The favourite question is: "Is sex food?"

Thank God for Ndi red pill even though I have been harsh towards them in the past. They have been a force for good.

horlando30:
Point of correction, Angola is not highest oil producing country in Africa. They are number 3 behind Nigeria & Algeria.

Maybe now.
There was a time Nigeria and Angola were shuffling the number 1 spot between themselves depending on the vandalization in Nigeria

Among other things, Chinese loans built the new Dr. Antonio Agostinho Neto International Airport that opened in 2024. The new facility can serve 15 million passengers and 600,000 tons of cargo a year. It is the largest Chinese-financed airport outside China, according to AidData

Omoh... The Chinese really tried in building this airport.
From what I heard but have not yet verified it, it is the biggest airport in Africa.
So massive and so big.
Ia am happy for Angola because the old international airport doesn't befit them has the highest oil producing country in Africa with just 30m population.
I was wondering what they are using their money for? Too much corruption just to have an airport like Calabar airport and that is the only international airport in the country sef.
But the issue I have with the new airport is that it is very very far away from Luanda.
About 2 hours drive.
It is just like having Lagos airport at Ijebu Ode while my company's guest house is at iyana ipaja (Luanda).
It is too far from the city central.
The old one is just right inside the city. After immigration clearing, just 20 mins to the guest house or 10m to hotel

Gerrard59:
So who are those patronising those girls on Codedruns?

There's money in that country called Nigeria

I am not disputing the fact that there is no money in Nigeria, what we can't argue is that the bulk of the money is in the hands of less than 5%.
5% of 200m people is 10m, so it looks hugeeee when you compare it to rich countries in Europe with less than such population but the truth is that in general, it is a poor country.
What you are seeing is the Pareto principle 80/20 rule.
You only hear of Wizkid/davido/burna boy and Co but the bulk of the musicians are poor.
You may see prostitutes doing fine and earning well but the sheer bulk and majority and wallowing in poverty at the base of the ladder.
I can also tell you that Toyota/Honda and co are selling atleast 500k brand new cars in Nigeria on yearly basis but we all know the bulk don't even have bikes not to talk of ninja used.

Focusmind:
When you travel outside Nigeria, you will begin to understand how corruption has under developed the country in all segments of Nigeria. Our standards in this country are terribly low. Sadly, those standards are being celebrated regularly by corrupt politicians and their supporters. Make no mistake about this: our national infrastructure is nothing to write home about compared to our contemporaries around the world. I have been to Europe, Canada, US and Southern Africa, Southern Africa countries are miles ahead of other parts of Africa in terms of infrastructural development

Apart from south africa, name 2 more southern african countries you HAVE BEEN to that is better than Nigeria

Gerrard59:
Current prices? UNIPORT/RUST students o, not dem Ignatius and Captain Elechi Amadi?

I do agree with the rest of your explanation though. But I cannot be with a girl who collects 1K I admit I'm using Lagos prices. But even before I left Nigeria, I would rather hold on than be with a girl who collects 1K.

Sure, i can't be with a 1k girl too but then, most hook-up girls will have to bring down their prices to adjust to the current reality, else they would be priced out of a competitive, low barrier-entry business.
What you charge can't be bigger than the economy.
If the average man paying 10k for short-time 3-5 years ago had to scale back on his spending due to harsh economy - 2 fishes per food to 1, tokunbo car to nija used, 700k baedroom flat to 400k, then who is a prostitute that you will have keep their own price up without cutting down.

Gerrard59:
I can imagine what she looks like.

Yuck!

Well, life is in sizes.
That people are paying 100k or more for short-time doesn't mean that is the norm in the society. Abi no be dis Nigeria we dey again?
Looking at people banging for 100k and above as a yardstick is like using people who drives brand new car as a yard-stick for car owners in Nigeria. You have to use the commonest - which is, most use Nigerian used cars and not even tokunbo.
That using a brand new car depends more on location like lekki, Banana Island, Abj doesn't invalidate the fact most uses Nigeria used cars.
The bulk of guys patronizing sex workers will get a short-time at less than 5k per round and less than 20k per night for your average looking lady ( 4 to 7.5 over 10 rated girls).
In Onne as a case study, short time is around 3k and overnight maybe 15/20k and this are good looking PH university girls and other student.

Eku market oooo

advanceDNA:
So a lady is free to cheat until the Saturday y'all get married.......?? Lol...y'all are too funny .

Faithfulness is a habit ooo ....a ring on the finger doesn't manufacture faithfulness out of thin air...
... If loyalty is not there during dating then don't expect loyalty inside the marriage....

Gbam !!!

advanceDNA:
We are talking about expecting loyalty from who u want to marry,...... U are jumping to length of court ship.....
If u like marry a woman u met 30 days ago... How can u say a woman can cheat until they get married....

Don't women themselves expect loyalty from the man they want to marry....??

Be like ur babe or wife dey read ur comment on nairaland. .