₦airaland Forum

There is an unspoken truth about this Black Tax and that is, it is designed for the Principal to continuously slave away for others.
No one will admit it, many won't speak about it but it is there.
Reason why family will be codedly annoyed with you if you by that car, go on that vacation just to take a break from long years of billing to cool off, build that sweet fine house etc.
To them, why will the slave do that when there are so many family members still poor and need help.
Is he that blind? Can't he see Jide his cousin is out of school, uncle wale has been evicted from his apartment because he couldn't pay his rent, mum segun is in hospital and needs money etc
Of all the things on ground, it is that kind of car he went to go and buy when he could have gotten something small so that he can clear all these bills on ground.
Why is he so heartless.
I have been grumbling for months in his ears about how to roof my house and these are the things he is doing?
So many things to pour out honestly.
The Black tax is designed for you to live a life of penury at the expense of pulling others up because some people have decided to live a reckless and unplanned life with the hope a family member will cover their flanks

Traveller2025:
My own mother was the one that woke me up!!
Every decision i made was centered around them, I earned well but I couldn't even eat fine because I put them first. She boldly said to me that other people do better than me and what have I done sef. She never appreciated anything I did it was like she intentionally showed no appreciation in order to make me do more. Lol
Nobody told me I had to learn the hard way when her words kept ringing in my head even when I am not with them. Now na by connection to even speak with me for phone. If I give 100k best believe I have kept 1m for myself. I take care of me first...

It is that statement "what have you achieved? Others earning lesser are doing better than you OR what did you even do for us?"
Humans are generally ungrateful.
They will drain the last juice out of your soul and when they are finished with you, they will spit you out.
I am the first born and the breadwinner of the family too and constantly supporting the family for years has really dragged me down.
It got to a point, despite me earning well, my apartment just looked shaby like a teacher's house when those in civil service have better furnished rooms and houses than mine.
Clothes I no get, nice apartment I no get, drinking/clubbing/fornicating I wasn't doing, oya eat good food... Mbah despite earning well all because of family pressure.
The most painful part is even that those you have sacrificed so much for still didn't break even nor still able to stand fully on their own thereby wasting your efforts for years and making it look as if you never supported the family since your effort didn't yield any benefits.
It is very obvious that to push some people to properly stand on their own, you will need millions and millions of naira to really push them to that height of which by that time, you sef don gas up, broke and back to ground.
This African policy in a bid to raise more financially stable Africans has produced far more poor people sef

shoodboi2:
Listen to the clowns. This right here is the reason many people condemn capitalism, or specifically, the super-greedy ultra-capitalism we have in the US and EU. Why in the world does a person need to work until 73? By the time they are 73, what is left?

Germany can as well increase it to 80 or 100 so Germans know they have to work for a lifetime. Because it is very clear that they have no pension to pay and want to work their citizens to death. If Germans have been contributing to their pensions, then the German government should give it to them.

Honestly bro, it seems the country is broke and looking for loopholes not to pay many things.
We have been saying it that the western world has been living in bubbles for years. Spending money they don't have nor living the life they can't afford to live.
The best solution is to attack and dissolve all perceived strong enemies like china, Russia so that any hanky panky laws or rules they bring out to hoodwink other countries won't be challenged thereby allowing them to continue this system unchallenged.
If it will require me to work till 73 years before I access my pension, then it is as good as just giving me that money each month I work make I dey chop am make I know say na me dey chop am, I no save.
Another implication is that unemployment already at all time high will increase because people who needs to leave the job for younger ones would be forced to sit and work for more 10 years. Extra 10 years of no space to takeover and work.
Also, the whole pension of a thing is best when you retire at 50 or 55 most so that you will still be in good health to enjoy the benefit f your labor.
You can travel occasionally to meet family and friends etc
What is there to do again in 70plus? When you are washed up

WriterrNg:
⚡Germany has proposed raising the retirement age to 73 to prevent the collapse of the pension system, per Reuters

This is daylight scam and robbery.
How many of the workers would be alive to eat the savings they have been making in the pension right from the day they started working if age is raised to 73.
Over 60% of the workers would have died by then and the remaining 40% may likely just live 10 years more just to take 10 years savings from a possible 40/45 years work and savings.
So invariably, they have worked, laboured for years for free for politicians/thieves to eat their labor.
Over the years of working, you eat their tax and now stylishly eating their pensions join.
Armed Robbers

ZUBY77:
This AFCON and it's timing is very bad for me. I am not sure I will go there until maybe after New year.
but we wait and see

Yes, the timing is bad especially for x-mas/new year festive period.
I am also going after new year.

ZUBY77:
Na.. Maybe on TikTok page.
I don't post picture here.
sorry about that

Oga Zubby, i dey follow you bumpa to bumpa for morocco this time around ooo.
I hope we will meet there.
I have my visa and flight ticket already

drkay:
This is the story of many hardworking young and middle age adults from low and middle class families.
It’s so much entrenched into our culture and societal norms that we need to lend a helping hand to in the family, who’s not doing so well.
Sometimes, it’s a thing of joy that we’re able to help our brothers and sisters,[b] pulling ourselves out of poverty. [/b]But this soon becomes very tiring and difficult to sustain.
It’s one of the few things that I gave up on. Parents are weak and can really play a very bad role when it comes to this, making things more difficult. Anyways. We do what we can do and leave what we can’t.

@ the first bolded ..... is this really true? they system as returned more helpers into poverty than it has raised out of poverty. We have so many stories of regrets of helpers who were so pre-occupied with trying to lift others up while they finally drown in the sea of poverty themselves.

Sayvick:
Don't you worry, it will soon be your turn. Because the whites don't do it means it is wrong in Africa.

It sounds like a good write-up to you, but you're completely wrong.

The whites have social net for every cadre of their citizens. If you are out of job, if you are sick, if you are old.

Africa has none, our family system is our social net, but you won't understand yet.

Grow a little more.

@ the bolded .....while it is good, it is not sustainable nor good enough in today's economic climate.
The question is, how much will family and friends be able to give you if you are out of job to sustain and float you back? most times not enough. Person wey give you 50k today, you don't expect to come back in 2/3 months time.
If family gather money and send to your wife as medical bill to support maybe 200k when hospital says you should deposit 500k, don't expect any from them again because they all have bills to pay.
You are old? how long do you expect them to keep feeding you?
The best system still remains to have as low kids as you can, both husband and wife working, enrole in insurance and pension as a better safety net option.
For example, i have a life insurance of 20k per month i am running. If something happens to me, they give my wife 12m. That is far far better than what family will give her as contribution, maybe 300k. You don't need to do that much. For a low income earner, a 5k life insurance will go alongway for them too, that should be about 3m.
Education insurance? for your kids incase the principal dies. It own't keep them out of school nor put the burden on extended family who may not continue the education or put them in local govt. schools.
A 5k eduinsurance will give your wife 250k yearly support for a kid and a lumpsum of 2.5m after 10 years to help run the child in govt uni in absence of principal.
Health insurance ? 60k per year for a family of 5 is okay for NHIS but you have to use it in govt hospitals and health centers for the low income earners instead of burdening struggling extended family.
Middle income earners can go for 230k for private HMOs like axa mansard and others that you can use for private hospitals.
It is all about awareness, careful planning and dedication.
Pension? a 20k per month pension between both partners over a 30 years period will give 70m naira if you start working in 30 and retires 60 years.
For a low income earner, that is a huge money. Withdraw that 70m pension and lock in a bond at 20% per annum, that person will be getting 1.2m every blessed month.
It is all about awareness bro.
This system is far better than relying on family safety net that is not sustainable

Datedoboy:
The major problem is that there is no proper care and continuous, reasonable monthly financial assistance for aged people in Africa. Once you're old, no African Government has a plan for you unlike Europe where you have homes for aged people. In fact many young people who japa, go to take care of aged people abroad while neglecting their parents. The issue is that, a parent that has taken care of you while you were young, will likely depend on you when old because the Government did not take care of them. If Government refuse to take care of our aged parents, and we refuse, who will take care of them? This is why politicians steal much because there are no systems to take care of them when they grow old and they refuse to set up such systems. The monster in the room is the slave wage and lack of care facilities for aged people. If you manage 3k to feed daily and we have 30 days in a month which equates to 90k asides transport and rent, and minimum wage is 70k, what does that tell you? 1. That there is a deliberate creation of poverty. 2. That people will steal more to survive and 3.people will suffer in old age because the Government has deliberately ensured that they don't save for their future. Least I forget, the passport which is your identity is now higher than the minimum wage and next year, inside that slave wage you will be taxed. Prepare for dark days ahead. Blame the Government not your poor parents

Let us stop pushing the blames all the time down the road to government.
No matter how we dress it, Parents have a sizeable role in Poverty continuation.
If your earnings is 70k per month, then IF you are going to marry, you will have to marry a working woman.
You shouldn't birth MORE than 1 kid....NO EXCUSES for this.
Pull resources with your wife to have alternative source of income.
Save and invest it over time and you are expected to be far better in future to were you started from.

Again, the african culture encourages irresponsibility.
We see this happen everytime and think it is normal but these are what leads to future black taxes.
A man will buy cat/dog/chickens he can not afford to raise rather open them to the street to be eating up and down and fending for themselves (something similar to birthing kids you can't raise and allowing them to eat up and down the street), if you question him while he didn't cage and feed the animals he claimed to like raising aka i like pets, they will become aggressive and say who are you to tell them what to do with their own life.
A man who doesn't care about raising his pets in a cage and feeding them is similar to those raising kids they can't afford to have.
In the long run, the black tax will come up

A man will give birth to many kids he can't afford to train by himself rather go give each to Oga Chinedu, Oga Ememka as sales boy/apprentice. The feeding, clothing etc of such child is not on the father again because someone else is picking up his slacks and covering his shames/irresponsibility while he hopes the child becomes rich and he can survive on him.
The female children? they pray a man rich enough comes for her hand so that they can use her as their own life insurance and leverage.
Black tax comes from the mentality that you are paying today for a tomorrow insurance just as someone paid yesterday for you.
A man dies in your village/town and your mother called you to send money as a quota for your family because others contributed to take your father from lagos to village to bury, they contributed to his medical bills in hospital and his burial.
E reach your turn to dey pay, you say you wan scatter the system.

In the african setting, been irresponsible is accomodated and allowed reason while so many people who are not responsible could be able to marry and procreate without worrying about the blow-back.
A man marry and has several kids without any plans for them. He doesn't care how they survive. He wakes up, drops whatever he can to the woman while she provides the food the way and manner. The kids go out in the morning and comes back in the evening playing around and eating from houses to houses and this is how they will live till they grow and miracoulously, 1 out of many will breakthrough and virtually all the village/area will be looking up to him for years of raising him as a payback.
Iya biliki expecting handout from Bayo that just came back from spain who they had is now a footballer - Ohh, na me they give am afternoon food when him dey small they play ball around then.
The neighbours, church, extended family, friends would all be expecting handouts of various sizes from Bayo due to one favour or the other they had done in his life during the growing phase.
The question is, how many can Bayo really help? before runs out of gas himself

The bitter truth is that on the average, only a handful of humans can survive INDEPENDENTLY without external support whether western culture or other culture.
It is either the goverment (insurance/welfare etc) is cleaning up most people's mess or the family (black tax) is. A safety net template/model should be available else chaos will erupt.
The problem with african template is that if a proper system is not put in place to checkmate alot of excesses, it encourages Laziness, everlasting oppressive dependance, entitlement, irresponsibility etc

In african setting, it is more of i rub your back now so that you can rub my back tomorrow but then, the question is for how long and how many people will i rub their backs?

This topic is a very emotional one and a very dicey one at that.
I will write a lengthy explanation on it and may break it into many commet section in other not to bore too much.
Firstly, we need to study the african culture and tradition because if we don't know where we are coming from, we won't know why we do things as we do currently.
Prior to now, the african tradition and culture was modelled on survival by watching each others back which stands as an INSURANCE for everyone involved.
In the absence of government and a monachy system that doesn't cater for individual survival, the african traditional model becomes the template of survival.
It is like pooling resources together to finance one person with the hope they suceed to pull someone up too and the chain reaction continues.

Michaeltreasure:
Can the wives of Hitler, De Gaul, or Churchill slap them right in public? Only God knows how many slaps Macron receives from his wife on a daily basis.

Gerrard59:
- Oil prices were high during OBJ and GEJ times. A high oil price leads to a strong naira. The same in Ghana as gold prices have soared. The cedis gets stronger. Gold and cocoa prices have ballooned in the past year. The cedis is bound to be strong. However, Nigeria does not need a strong naira. Also, except there is a global war, oil is not hitting $150 anytime soon.
- OBJ greatly reduced our debts.
- Jonathan initiated reforms in the economy.
- Buhari (worse than Abacha) allowed wanton oil theft such that we could not meet OPEC quota.
- Buhari squandered the money left by GEJ
- Buhari borrowed and borrowed and even used future oil sales (remember we weren't meeting OPEC quotas) as collateral for more loans
- We spent a lot of borrowed money to refinance our debts and defend a weak naira.
- Buhari allowed his marauding brothers to wreck havoc on Nigerians, their communities and investments
- ...and many more atrocities by him.

I did not, nor did my parents, campaign and vote for Buhari in 2015 (see my signature). My question for Tinubu and his supporters is, why did they support such an incompetent man whose incompetence was glaring?

It is the easiest and shortest route for Tinubu to become president.

Gerrard59:
I talk am....

Dem think say because EXPO is held, Japan would have open borders to Black Africans.

If I talk now, dem go say I get low self esteem.

---

P.S. The worst experience a Black African person (mostly men) can get in this region is being in detention. It is better one goes back quietly. Japan is even better. Outside the big East Asian countries and maybe Singapore (provided no drugs), it is better for the person to relocate to Kwara or Borno than be inside detention in Asia.

Gerrard59:
Does this mean there are more single women than eligible bachelors? What do you recommend for this group of women since normal monogamy is expensive?

If have to get used to the fact that not everyone will marry in today's world even if they desire it.
Everyone won't be rich
Everyone won't use a car
Everyone won't build a house and so many more.
I know it is a bitter truth to swallow.
If they are struggling to tame down a reasonable spouse, they should opt for getting pregnant and raising the kids themselves or else they die childless (a sizeable percentage will fall into this category too)
Another option is to swallow their pride and date/marry down. There are many men poverty has humbled who are really hardworking.
I know how hard going down to pick a spouse for ladies because going down looks as if they have failed and not getting who they really like or attractive but it is what it is.
Life humbles us all at one point or another.
They date down, raise a loan or get a cooperative for the man to start something so that he can be contributing a quota at home no matter what.
Men date down all the time and heaven didn't fall. We set-up ladies, sponsor them to school, open businesses for them and heaven didn't fall.

LordAdam16:
Now now, 47 don publicly ask Israel to stop bombing Gaza.

The hustle for Nobel Peace Prize is real.

-Lord

There is nothing peaceful about him abeg.
Someone who sponsors isreal genocide in Gaza, support in attacking Iran twice , Lebanon, Yemen, Ukraine etc should not even be close to that event

Apcnewrecruit:
America and Europe told them polygamy is sin but they're in support of homosexuals

Africans let's go back to our roots. Monogamy is not our thing. Don't be decieve by the whites

But polygamy is very expensive. Infact, even monogamy is very expensive in today's atmosphere.
Raising family goes beyond just knacking and having kids like rabbits, good education and other quality things are involved.

spencekat:
Girls plenty oooo. See girls everywhere. Later most of them go dey do shakara.

And this is just ONE CHURCH, ONE BRANCH out of THOUSANDS in Nigeria.
By the time you factor in other churches and branches, you will an idea of the sheer number of ladies wasting away without any reasonable spouse in their lives.

LordAdam16:
Israelis are now complaining about the sheer number of Iranian spies that have been caught.

The crazy part is that most of them are citizens.

To the Israelis resisting, Chag Sukkot sameach!

-Lord

That is one thing people don't know.
They thought only isreal/mossad are good at spying.
Only if they know the sheer number of spies roam isreal, infact isreal streets are smelling of spies.
That is why Iran has been calm even with the pending attack from isreal.
They have more than enough information to cause major harm on isreal

casualobserver:
In the formative years f this country, the most intelligent people were teachers and university lecturers. Lucky are we who benefitted from their tutelage.

The problem with many of you is by the time you started school, the good teachers stopped seeing teaching as a viable profession and only people who couldn’t get good jobs elsewhere went into teaching.

This is why foreign institutions now require applicants from a country that professes English as its official language to take tests in English proficiency before admission.

You are only as good as the system that produced you.

Hmmmmmm
Oro nla.
You are only as good as the system that produced you.

WriterrNg:
⚡🇷🇺 VLADIMIR PUTIN:

"The power of the United States and its allies reached its peak at the end of the 20th century.

But there has never been, nor will there ever be, a force capable of ruling the world, dictating everyone how to act, how to live, even how to breathe.

Such attempts have been made, but every one of them has failed.

However, we must recognise that many found that so-called liberal world order acceptable and even convenient.

True, a hierarchy severely limits opportunities for those not perched at the top of the pyramid, or, if you prefer, the top of the food chain.

But those at the bottom were relieved of responsibility.

The rules were simple: accept the terms, fit into the system, receive your share, however modest, and be content. Others would think and decide for you.

And no matter what anyone says now, no matter how some try to disguise the reality – that is how it was.

The experts gathered here remember and understand this perfectly well.

Some, in their arrogance, saw themselves entitled to lecture the rest of the world.

Others were content to play along with the powerful as obedient bargaining chips, eager to avoid unnecessary trouble in exchange for a modest but guaranteed bonus.

There are still many such politicians in the old part of the world, in Europe.

Those who dared object and tried to defend their own interests, rights, and views, were at best dismissed as eccentrics.

They were told, in effect: "You will not succeed, so give up and accept that compared to our power, you are a nonentity."

As for the truly stubborn, they were "educated" by the self-proclaimed global leaders, who no longer even bothered to hide their intent.

The message was clear: resistance was pointless.

But this did not bring anything good.

Not a single global problem was resolved.

On the contrary, new ones are constantly multiplying.

Institutions of global governance created in an earlier era either ceased to function or lost much of their effectiveness.

And no matter how much strength or resources one state, or even a group of states, may accumulate, power always has its limits.

As the Russian audience knows, there is a saying in Russia: "There’s no counter to a crowbar, except another crowbar," meaning you don’t bring a knife to a gunfight, but another gun.

And indeed, that "other gun" can always be found.

This is the very essence of world affairs: a counterforce always emerges.

And attempts to control everything inevitably generate tension, undermining stability at home and prompting ordinary people to ask a very fair question of their governments: "Why do we need all this?"

I once heard something similar from our American colleagues, who said: "We gained the whole world, but lost America."

I can only ask: Was it worth it? And did you truly gain anything at all?"

Hmmmmmm
Words of wisdom.
The west just want a pyramidal society where they are on top and others accept whatever quota is given to them without complains.
A very satanic plan

aj8:
PZ Common Sense Target is N53.40 . Penalty of 75% on N71.20 applied because of debts etc.

Can you explain more about the debt calculation?

essentialone:
Admins keep banning me for saying the Truth. I won't stop.

All Monarchs in the world should be dethroned immediately and the world should kick monarchy away permanently. Since I was born, I have always believed in the uselessness of monarchs. They mean absolutely nothing to me. If them near me, I will spit on their faces.

I agree.
All they know how to do is eat free foods and get free money (tax, commissions and duties) from the laboring masses without adding anything back.
They just sit back while adding more wives to the long list they have in palace

Gerrard59:
It would be worse for us because we are way too divided. Lord was apt with his narration about the efficacy of sanctions on a global level and why China has to create a second economic system for would-be countries to participate and thrive in. Talking about Iran, they are just too incompetent, as they had the opportunity to arm themselves way ahead of time. I believe if they had nukes, they would have been in a strong negotiating position.

Will the nukes work if their are too many saboteurs?
They will even be the ones to give the location of the nukes just like the did with the air defence systems blown off by isreal within iran.

awesomeJ:
They should exit their negative retained earnings by the end of the quarter.
Full year EPS could top N14 at this rate.

The market does have a mind of it own sha.

EPS of #14 FY will be bomb.
We may see it rise to around #140 per share all things been equal

LordAdam16:
Venezuelans have been battered by economic terrorism (that's what unilateral Hegemonic sanctions are).

Kind of how the Iranian public voted for Pezeshkian because they wanted respite from the harsh economic situation.

At the end of the day, it may not be about myopia as it is about survival.

I keep repeating that the Hegemony's most potent weapon is its economic pincers.
Venezuela like Syria has been softened up and has a large enough segment of the population that want the tribulations to end.

China and the Axis needs to hurry up with an alternative economic system.
It's neither easy nor fun to be North Korea and Cuba.
Think about the current condition of Nigeria and what it would be like if we were not even able to export oil, gas, agricultural produce, or even buy things on credit. On top of the pervasive corruption and inefficiencies. All of our pro-Western 🤡🤡🤡 on the thread will be promising their masters in Washington their blood to overthrow and kill the President Qaddafi style. You can absolutely see that happening.

We are just one policy, one pronouncement away from fellow citizens here becoming armed agents for a Libyan type total collapse.

This is why for all his faults, Putin is a genius.
Why the CCP for all its drawbacks is a phenom of the ages.
And it's not like they can even rest easy despite having trillions in savings.
It's an ongoing fight every day.

-Lord

80% of nigerians would be willing to kill the president at first sight.
Economic sanction is devilish.
I can't just imagine that happening in Nigeria....it will be total disaster.
Such government would be booted out quickly.
Another problem with sanctions is that it renders the citizens soooo useless that, people would be falling on each other to be recruited as spies for foreign agents for as low as $20.
The government won't have anywhere to hide because any top secret meting would be revealed instantly the meeting finishes by atleast 5 members in the meeting.
This is why iran is not finding it easy with espionages and double/tripple agents within her rank.

mikeapollo:
So what happens if I have more than 1 TIN?
Don't tell me it is not possible

I doubt you can have 2 TIN bearing same names.
Even if it is possible, you won't be able to transfer your shares to another broker or CHN using different TIN.
It is just like your stock trading account.
You will only be able to with draw to an account number bearing your name with same BVN, not different

WriteerNg:
⚡BBC:

The upcoming Israeli attack on Iran will be aimed at regime change, not a usual deterrent response.

Just less than a year of Trump as president and we have had - Isreal/Lebanon, Isreal/Iran twice with an upcoming third one, isreal/Syria, isreal/Yemen, more arming of Ukraine against Russia, Venezuela invasion in progress, more arming of Taiwan etc but somehow, others are the problem and not US and isreal