₦airaland Forum

Moneyhatesme:
The Machines will be handled by 10,000 illiterates who cant doctor it

If you think you have to be very litrate to operate a POS machine then you are more clueless than our president.

ruggedboy01:
the poster above me is a zombie

I agree

HungerBAD:
What? what is the definition of idle?

Is there not a clause in our Banking Laws that stipulates that Monies left after a certain time idly(hoarding) in the Banks, should be reported to the C.B.N who in turn have the powers to convert it into Federal Government Money? Cant the C.B.N name this owners of this $20 Billion? who are these Nigerians sitting on top of this money?

The Government should identify, arrest and prosecute those Nigerians who are guilty for the slide in the value of the naira by embarking on dollar speculation.

This Government is working.

Relax where yoy not alive when the banks begged people to put forex back I to the banks?

haykay2005:
Central Bank Governor Mr. Godwin Emefiele gave a shocking disclosure on Thursday about the massive dollar treasure in Nigerian banks, as the country goes cap in hand begging for foreign loan.

According to him, over $20 billion is sitting pretty in domiciliary accounts of private individuals at a time when the country is facing foreign exchange crisis and is chasing foreign loans, when its citizens could offer the loan.

The figure of idle dollars is $7.8 billion less than the entire national reserve of $27.8 billion, managed by the Central Bank.

Emefiele’s disclosure, via proxy, was made at a session of the joint committee on appropriation of the National Assembly.

Represented by the Deputy Governor in charge of Financial System Surveillance, Mr. Joseph Nnanna, Emefiele said keeping the huge volume of dollars idle had compounded the forex crisis confronting the country.

“As I’m talking to you, $20billion is in various domiciliary accounts of individuals. Naira is our currency, why are they keeping the foreign currency? From my experience in the international finance, I have never seen a country where its nationals speculate on its currency,” he said.


http://thenewsnigeria.com.ng/2016/03/shocking-20-billion-idle-in-banks-as-govt-begs-for-5b-external-loan/

SO.is it your money? ?

Philpham:
I keep saying, men do not raise children. They do not have any capacity to nurture or breed any child because they lack the innate ability to do so. Men take children as an accessory, something they can add to their portfolio as an acquisition, not that they value their existence., eg are the likes of davido, wiz kid, chris brown, who flash their bastard children on Social media for attention. That is why men can easily without reason abandon their children with their mother, or kill them if they do not get their way, which is why full custody for parenting should and will always be given to a woman who is much more responsible and capable of raising a successful child.

Call me myopic, but men are realistically sperm donors in the cycle of procreation, any thing outside that , they are lone wolves.
This insane French man is cold hearted vindictive tyrant who has made use of the loopholes in Nigerian legislative system to kidnap this child from the mother, and we look on.
Things like this cannot happen if he were in France with this woman, it's only in Nigeria where bribery, and "white man effect" is at its peak that this monkey can do that.
I hope the Nigerian government looks into this case and the woman should get a good lawyer and get her child back, and repatriate that man back to France.

Seriously?
It is worse in Europe. He won't need police.

birmingham04:
I will never ever like our judiciary till thy kingdom come. What this guy did ii any black guy do similar thing to a white lady am 100% sure that black guy will rot on jail because they will call it kidnapping. Even if Franck got order he got no right to go and take the child at school without the consent of the mother.In oversea white will treat black like cheat in our country again they will treat us like animal, who to blame? Black race is cursed. We are the enemy of yourself.If you av ever travelled before you will understand what I mean see the way our immigration treat us at our airport, they give special treatment to white people than us, and the white will never do that to anybody has their passport talkless of their white people. Youths this is time we need to send our old cargo fool to an exile.

Big lie.the world has since changed

Babe2sure:
The guy is just being mean! Why not joint custody rather than wanting to have full custody of the child?
This is not a matter of whether she can take care of him or not. Going by his actions, he wanted to completely alienate mother and child, which is bad. I know he may want to cite like her lifestyle as excuse to take him from her. We don't know the full story anyway.
Why there would be court order for him to take full custody without the lady being invited is what I don't understand.
Anyways, it's not new, justice is most often skewed in favour of...........*sighs*

Check very well a court order was issued so the mother must have been invited.the question should be where was the court order issued

Dennygirl:
No I mean men

Don't get too drawn into this.the woman is at fault not the man.she must have been asked to come to court and ofcos the Nigerian factor took over her.he has the right from the court and he is entitled to the child. If she wants him back she has to go fru the courts simple.

Niceman4u:
He was a medical doctor bt nt renowned, if he was renowned (which means he so sound) y was he nt made d health minister or WHO consultant? Show me d picture of his hospital b4 he corruptly enriched himself nd I wil tell u dat he dd nt build dat house wit d proceeds from his medical practice.

That house is not worth more than N50M.you need to be richer than that to context to the level his is.Believe or not, there are more thieves in teh civil service than politicians.

realjoker:
Buharist or should i say the zombies among Buharist because i am a Buharist but not a zombi, stop this foolish act, must every house built or car bought by percieve enemy or opposition party member be from the proceed of corruption. If a low ranking member of apc built or bought such kind of house without even holding a position that warrant his legitimate earning to built such house we wont hear this kind of internet brawl. Enough of this stupidity please.

Well said, I was expecting to see one huge estate.this kind house dey Niaraland nah

Nice one

VIPERVENOM:
There's been light here for the past few days.... So nothing concern me......... for now..........and my February bill is just 2k ......but on a serious note....we cry dat we want light. Govt builds power plant and we still use our hands to vandalise/sabotage d same tin we are crying for. And come here to blame govt

Abeg I dey Bus dey come that unu rd.tell me the jst I go drop abeg

VIPERVENOM:
There's been light here for the past few days.... So nothing concern me......... for now..........and my February bill is just 2k ......but on a serious note....we cry dat we want light. Govt builds power plant and we still use our hands to vandalise/sabotage d same tin we are crying for. And come here to blame govt

Nothing new then that's how it has been for the past 10 yrs.

PRXPERT:
Another report reaching me now has it that yoruba men
(opc) are burning mosque and kiosks in every streets, at
least 10 hausa men have been butchered! this is very sad!

Ok dem get the mojo back

Sammyashol:
Please don't go to Mile 12; serious wahala. Siren everywhere. Lalasticlala forward this fast to fp so that people will be aware and don't fall victim abi wetin una wan confirm again

Kia see the market una buy.so now U are telling me ur kinsmen have to abadon mike 12 cos of the Northern tenants? ?.well that guy was right to ask where is the OBA.

yak:
I think hotels dnt fall into real estate but hospitality

Hotel is real estate. The are permanent structures within the land. But the service it provides is Hospitality. Same as office and shops have thier own.

igivefuck4free:
We all know a wife can't just bring a family, not even a friend, to stay over for few days without consulting the husband first.... Now base on the society we are, as an African, wives are generally submissive to their husbands. So is it appropriate for an husband to bring a friend from another city (or friends from anywhere) who called that he's coming to stay two days in their house to execute a project in their city without first seeking approval from the wife? And if he seeks her approval and the wife says no or not this time, what should he do?

A good wife or husband would not say no except there is no space. To agree is to apreciate the other person's respect.

winkmart:
malaria, hunger, poor electricity, temperature surge and so on....

Ok I see what U mean but such are in Asia as well.but I get ur point

demovertion:
Red/laterite bricks 80% 10-20% cement and paving stones with one single machines
Reducing cost of building , fire proof, water proof , vibration ,. Stop running abroad wasting millions when you can get this machine less than million.
For more information what app-00-380-957683663

Picture?

phonesNgadgets:
I've taken the route on several occasions, particularly to pick or drop relatives travelling on international flight.

At 2 am? ??

winkmart:
Its quite unfortunate am not in the department. Mathematics and I are never friends. I just felt Africa should develop technology for Africas problems

What would you term The African problem?

phonesNgadgets:
Abeokuta to Lagos

Unless you fly on planetain branch. U dey among ni?

whatalife:
I THINK student hostel accommodation is the way to go,
i did this, they are long completed, and occupied buy students.
total rent from 17 rooms is about @ #1000000
total cost of project is abut#6.9M


https://www.nairaland.com/1026810/building-student-hostel-vs-regular

You are right.my hostel is rented @N120k per year. Good income

hotmas911:
We don't even have reasons to argue since we are all here to learn and share knowledge. If definition of terms is the problem, lets leave it aside and focus on getting returns on investment.
Our interest is in acquisition of property for maximum returns. I have a certified report I can share with you to read just to back up my claims that there are options that yield more than rental property here in Nigeria.
Since we are in Nigeria, I feel it is better to discuss solutions feasible for middle class Nigerians.
Mail me, I love to share the document with you.

Hmm Ok well Im not i n Nigeria.Im sure there are loads of other idea that will yield maximum ROI,but then again everyman got to do what they feel comfy with.

One day this will all end.

hotmas911:
now i see. Since having a farm is not real estate then having an hotel is as well not real estate. SMH
Donald trump is a real estate billionaire but does it through hotels casino and golf courses. It is obvious you guys don't know much in terms of real estate. You think buying and selling is investment??

When I said you do not need to own a land I meant it. Go to the west they have high rise building. You just buy a flat and they are not free holds. In the real estate biz there are people who specialise in buying up the lease of spaces withing buildings.ie the space a flat occupies within a building.

hotmas911:
now i see. Since having a farm is not real estate then having an hotel is as well not real estate. SMH
Donald trump is a real estate billionaire but does it through hotels casino and golf courses. It is obvious you guys don't know much in terms of real estate. You think buying and selling is investment??

You said farming. Was real estate. Check the definition of real estate. It's any land with building along with its Natural resources. Google is a good place to find out.
Here.https://en.m.wikipedia.org/wiki/Real_estate
I'm not just talking for argument sake

olumide4christ:
Oga erico2k2, please help me explain to them ooo! How is your project going?? Hope its going well.

Thanks my brother.it's going ok though I have returned to the UK and will continue when I get bck. I want everything to be as I planned. So we left it at that window level but gathering materials.

hotmas911:
You seem not to understand something here. My business is real estate. You can be involved with real estate in many ways. I chose to do it through farming and plantation. The world richest people in real estate are not into buying and selling of land. They do it through hotels, ranches, farm plantation etc

Farming is not real estate hence the term real was added.U also do not need to own land to be a real estate developer.

hotmas911:
So what you are saying is a salary earner can just build a block of apartments and sell to banks? For real

Nop of you check we both started with the term Developers. These are people who are in the biz of building and selling whole sale ie 5 to 10 houses in a go.

hotmas911:
This is very wrong and far from the truth in fact misleading. How many Nigerian banks buy finished property from developers? It seems you don't understand how Nigeria's banking system and real estate business work. Or better still, give me list of properties sold to banks in Nigeria.

Go to ur bank and enquire about mortgage. People seem to forget these services are for every one.you need to have some %deposit though. Wen I say Bank it dosnt mean your everyday bank. Some of these investment coy are on NL