₦airaland Forum

casualobserver:
Some of the poorest people in anigeria are educated people. Why? Because it seems our education has programmed our resourcefulness and initiative out of us. I was having a discussion on Nairaland a few weeks ago and I told someone my gardener makes over 400k a month. He said I was lying. I said instead of working for one person, he does part time at multiple houses in the same estate. When I calculated his minimum (1 day a week for which he often only does a few hrs) and the number of houses he works for. He makes over 400k.

A graduate will work for 100-200k, a professor will work for 500k, yet electricians, mechanics, plumbers can make 20-100k a day (400k to 1m+ a month) and they are never short of work.

Tell an educated Nigerian he can go into business and compound his capital. He wants you to tell him how and guide him in how to make the money.

There really is something wrong with the products of our education system when a PhD holder (an expert in a particular field) with N20m (capital) and a diploma in business ( basic knowledge of business) cannot think of a business to do in Nigeria or how to commercialize her expertise in Nigeria.

While i agree with some of your points bro, we need to also agree that most people can't/won't be able to do business because it requires -
1. Skills which many don't have
2. In some cases natural business talent which most don't have too.
Under normal condition and a good environment, people are meant to excel with their natural talent and skills like football, swimming, wrestling e.t.c if the environment is rich enough and ready enough.
Even knowing how to play football is not enough to guarantee you to survive and earn a career with it. There are so many footballers who never made it to the professional level.
Under normal condition, so many people in nigeria have no business trading or running a biz nor should we have a high number of pastors etc.
The business terrain in africa is another story entirely.
Only a fraction of people will excel in business under a favorable condition. Some will excel more as doctors, nurses, wrestlers, musicians, footballers etc

EvilMerodack:
I like big ass and i can never ever date a lady with small o medium ass

I dont care what anyone has to say. There are homely independent ladies with good characters and big ass. I will always go for them


In fact, no contact saved on my phone has a medium ass.

seguno2:
Is the situation better or worse now than December 2022 when you posted this comment, for most Nigerians?

Moreover, how representative of 200 million Nigerians are your sizeable percentage who are really doing fine and enjoying for themselves?

I think the population size of nigerians with disposable income has not reduced from then till now, what has changed and increased is the population growth in relation to people with disposable income.

In a simple statement for example, 15 out of 100 nigerians had disposable income to do other things outside their basic amenities while in 2025, the population has grown and not the 15 shrinking.
In other words, the nigeria population growth rate is higher/faster than disposable income growth rate

emmanuelewumi:
Good investment income grows with inflation or faster than inflation.

1 million units of Nahco gave a dividend of less than 300k in 2020

But gave a dividend of over N5 million in 2025.


Even if your investment income is from a fixed income investment, if you reinvest 40% to 503 of the investment income, the investment income will continue to grow

What is 503?

mikeapollo:
You removed "Prophet" and replaced it with "Melodramatic"!
Make una dey respect and fear the anointing ooo!

The "Oandoites" have been looking for their "prophet" for a while, not knowing that he is sojourning in the wilderness with ""Ellah kpakites"

SonofElElyonRet:
Melodramatic Utuocha.
Your fictitious "vision" (which is a brilliant work of literature) ends on an ambiguous note. 'But to the humble I heard a whisper: ‘Fear not. Though the cedar has fallen, I will be your shelter. Though the market shakes, my rock shall not be moved.’ so being humble is a factor that determines success in the stock market kwa? Just stick to Oando prognostication..

ProphetUtuocha:
Vision Concerning Ellah

I was lifted in the night, and I beheld Ellah as a tall cedar planted by the waters. Her branches spread wide, and the birds of the air found shade in her leaves. Men looked and said, ‘Behold Ellah, strong and unshakable!’

But suddenly a great wind arose from the east, and the roots of the cedar were revealed. They were shallow, feeding not on rock but on dust. And the tree trembled, and its branches snapped, and the birds fled in terror.

Then I saw merchants in the marketplace. They carried scales in their hands, yet the weights were false. They shouted loudly of profit, but their baskets were empty. A voice cried out: ‘Woe to those who trust in Ellah! For her height is pride and her fruit is vanity.’

And it came to pass that fire struck the cedar, and it fell with a crash heard in the farthest cities. Those who traded in her shade tore their garments and cast dust upon their heads, saying, ‘Alas, who shall restore Ellah?’

But to the humble I heard a whisper: ‘Fear not. Though the cedar has fallen, I will be your shelter. Though the market shakes, my rock shall not be moved.’

Note: that which has been revealed has been unveiled. Those who have ears, let them hear!

Na wa ooooo
I didn't know Ellah is part of the people referred to in the Bible.
My Honourable prophet.

Gerrard59:
Botswana has a nationwide medical emergency crises: https://www.bbc.com/news/articles/c78zg67x38zo

Apparently, the country has been reliant so much on diamond exports whose prices have plummeted against lab-made diamonds. As a result, the country cannot afford essential medicines, which is bad for a HIV prone country.

To think this is a country many Ndi Pan-Africanists say is one of the well-run nations on the continent 🙄

Just leave them.
They will sit in Nigeria, read some things online about a country and post it as facts.
Many African countries are more shit holes than Nigeria

Ddll:
First it was Oando, now it’s Ellah Lakes. It’s about to be a very long weekend of analysis

Agbalowomeri:
Just take one-month loan equivalent to your needs, pay back on share liquidation. Continue trading forever

Agba-baller, please can you explain better how to do this?
Will the broker just sell your shares automatically to pay back themselves?
And if so, won't the tax be taken when they are withdrawing from my account?

“Lose money for the firm, and I will be understanding. Lose a shred of reputation for the firm, and I will be ruthless.” - Warren Buffett

Nozarashi:
A ceremony was held to give her 200k, btw the cost of organising that ceremony would have been in the millions.

SonofElElyonRet:
I'm not asking anyone to invest. Just use the number of shares to be created and the amount sought to be raised in order to discover likely share price for capital raise

Can you explain this better with calculations?

SonofElElyonRet:
Might also be interested. How many is plenty?

I was just catching cruise with him.

I don't have aby.

ositadima1:
Why is that bad bot bent on frustrating you, Brother? Even though you posted a legitimate link, let me avenge you here.

https://research.meristemng.com/reports/category/investment_guide/

Thanks very much Osita.
I appreciate

jckgroup1:
Good morning fine people.

Kindly DM me if you are not taking up your Chams rights for a possible deal.

Gracias.

John, I get plenty rights to sell oo

yMcy56:
I could read someone even said they planted since 2020, why aren't they producing now...

My thought is: how many years does it take a palm tree to start producing fruits?
If you can get the idea of this, then you wouldn't even be making reckless or careless post or asking questions out of ignorance.

These guys planted from scratch and it takes a typical palm tree 6-8 years to grow (according to findings), yet someone was expecting huge revenue from trees yet to even mature.

One of the plans is to acquire an existing farm which can fast tract things, yet some wouldn't stop have issues over a sector they knew next to nothing about.

To the best of my knowledge, tenera seeds is the most planted palm fruit seeds which takes 5 years to mature.
There are latest seeds that grows in 3 years if am right while the local seeds which people hardly plants takes more than 5 years and even harder to harvest because the tree goes taller

emmanuelewumi:
Sorry, I have sent it to Mercy through email

Aiit

emmanuelewumi:
The forecast is not from Ellah Lakes but from Meristem Research. They have analysts that research different sectors of the economy.

The essence of this research is to guide investors about their expectations.

Up till now the management of Ellah Lakes have not been able to give us their forecast for the next 5 years

Yes, i noticed it now.
Better because a revenue of 4b in 2029 looks very very small compared to my valuation and expectations on the stock.

emmanuelewumi:
@ Emmaodet can you share report on Ellah Lakes here. I am finding it difficult to attach the document

Hello bro, i am unable to post the link here.

I was banned doing that for 30 mins

Streetinvestor2:
When did they release this forecast. Pls don't loud it before they say u want price down to buy cheap

This evening.
I received the report through meristem

Based on Ellah Lakes releases company's note, we should be expecting tangible PAT of 1.2b around 2028, that is more than 3 years from now.

Revenue of 4b with a PAT of around 1.5b in 2029 is very very abysmal compared to the massive share dilution going on.
With expected final OS of about 5b and 2029 PAT of 1.5b, the is a forecasted EPS of 30k with implied price of #3 using 10x PE.
This is not impressive at all and it seems the current price is highly over-valued.
Moreover, what kind of palm fruit did they plant since 2020 that will just be generating sales by 2028?

I am not impressed with the company's management at all

WriteerNg:
⚡The US is sending more warships, including a missile cruiser and a submarine, to the southern Caribbean to target drug cartels. This follows last week’s deployment of three amphibious ships with 4,500 troops.

You are deploying these huge weapons and armies for just drug cartels? Not rebels, not militants, not paramilitaries but drug cartels?
If I am right, is it not police or advance police like mopol or armed drug enforcement officers to do this job instead of a war trained armies?

WriteerNg:
⚡Secretary of State Marco Rubio talks about why the US is preparing to invade Venezuela:

Maduro's elections were completely rigged. Russia's presence in Venezuela is noticeable, and Iran's influence is growing.

The Iranians are building drone manufacturing plants there, right in our hemisphere.

Additionally, the Venezuelan regime issues illegitimate but genuine passports to Hezbollah forces.

Secretary of State Marco Rubio talks about why the US is preparing to invade Venezuela:

Maduro's elections were completely rigged. Russia's presence in Venezuela is noticeable, and Iran's influence is growing. The Iranians are building drone manufacturing plants there — right in… pic.twitter.com/vt531Kvt0g

— Sprinter Report (@SprinterReport) August 23, 2025

Interesting, there is always an excuse for invading and destabilizing other countries .... Always.
There is this, there is that
Only you in Ukraine, Isreal, Taiwan, Syria, Lebanon and now Venezuela.
How is their election your problem? Are you the only country in the world?
Why always US?
At the end of the day, others are the problem and not them/allies.
So it is okay to be funding and arming Ukraine to fight Russia in Russia's sphere, arming Taiwan in China's sphere but wrong to do that in your sphere? Make it make sense to me

nedekid:
People in close countries eg, Philippines, India, Bangladesh and lots of other countries with poorer people than naija will fill such roles, people that can fly out with little money to their countries for the 3 month exclusion period yet earning will still make sense.
As a naija person imagine the cost of ticket from naija to new Zealand, then think of flying out then returning every year. At the end of the day no meaningful saving go de.

You can fly to Indonesia or Philippines for a week and fly back now to save cost

Gerrard59:
We don't know where you live or the standard of living you had when things were good. Someone who lives in Ikoyi has a different standard of living compared to someone who lives in Ogudu, and the cost of living in Ikoyi is also different from that in Dutse GRA.

Where do you live? Does your wife work? What do you do for a living? Do you pay rent or own your property? What assets do you have? What is the age range of the 500 children that you have? Why did you go on to have 500 children in the first place? Were you not alive when Buhari destroyed the Nigerian economy between 2015 - 2019? So, why have 500 children then blaming an innocent Tinubu? Tinubu sef does not have 500 children, nor his son Seyi.

They are fond of blaming the current government or economy on their woes.
Useless people.
You will see them claim they have what it takes to take care of their kids when warning them. Some will say mind your business, they didn't come to beg you for money to train them.
The truth is, when you look deeper to their claim of being able to take care of their families, you will see it is just so called Basic life - eat basic food, pay average school fees and that is all.
You will think these set of people can even give above average life to their kids and themselves for claiming to have what it takes for breeding like rabbits - eat balance diet (emphasis on BALANCED and not just eating to survive), good schools (emphasis on Good and not just basic), then we go into extracurricular activities like swimming, boxing/taekwando, music class, going to cinemas for movies, occasional outings and vacations, even health/education/life insurance for principal and beneficiaries.
You will think most of these idiots breeding like rabbits have all these but NO, majority don't yet they boast of how they have what it takes to take care of a large family.

Tightpussy2024:
No go find work..the way you reason eh
At 25,are you ready to marry your female coursemate? Too young to marry her,too broke to care for her .you want to be knacking her for half decade and she will do abortions for you till you are ready. If at all you ever will be.
Except church guys whose parents sponsor the wedding most young guys aren't even matured emotionally for serious relationship.
The older guys are not the best option too but which is better?
A brokie that will not marry you and you will not see shishi or the rich guy that will not marry you but can help change your destiny small.
How many times have you seen a rich man blackmail his ex or share her nudes?


Heal from the rejection you face as a broke guy and God will give you a good wife. Even if you later become rich and find wife don't be like emma.odet that hasnt forgiven women for rejecting him when he was broke.


Ps:the 38 year old didn't trap him into marriage but just wanted a child
You can't see a woman in her 30s that isn't trying to get preggy.
Most don forget marriage already and are looking for child. So knack those women with caution.just blink at them small and they will get preggy

Interesting ... isn't it?
You raise some nice points sha

WriterrNg:
⚡Ukraine is reportedly arming and training Islamist militants in Africa to target Russian allies, according to a new Izvestia investigation citing unnamed sources.

Ukrainian GUR operatives, allegedly using diplomatic cover, delivered drones to the ADF, an Islamist group active near the Uganda–DR Congo border.

Objective: destabilize pro-Russian governments and strike Russian PMC-linked sites in the region.

Ukrainian UAV instructors have also been observed in Mali, CAR, and Sudan. They are said to train militants in advanced drone warfare and have been seen using NATO country passports.

DR Congo and Russia maintain strong partnerships, making them a reported target of this covert sabotage strategy

That is not Ukraine please.
Ukraine is too broke and struggling to keep the country together for such far war.

This is the US/Nato in cover fighting Russia allies to topple them and install pro-US governments.