₦airaland Forum

adesegun121:
This is the first of the protest that will soon follow if the Nigerian government does not look for an alternative to the restriction placed on the Naira ATM abroad......

I know the government means well but it is wrong for Innocent people to have to pay the price of Looters,it is wrong!
Buhari should take a stand and call them all out and let them pay directly for their crimes or let them go,I hate this tepid water approach abeg!


See more pics @ : http://gist4kids..com.ng/2015/12/nigerian-students-abroad-protest-ban-on.html

cc.
lalasticlala ishilove

Chey una vote change.change has landed

teemy:
Let me explain his point. Our major single source or forex dollars is via crude sales. less sales, less dollars which gets lesser and lesser as earnings drop per week. our appetite for importation is still there and once there is little dollars to fund out importation needs the limited available dollars become more expensive day by day unless new sources of forex dollars can come in. This gas drop would also raise dollar price.

To cushion that the CBN has been on policies to reduce dollar dependence. But the demand is still high hence little or no effect.

Is this not the point where we have to devalue the Naira??

Lighthouseman:
Nigeria can't pump 3 million barrels.
Secondly, it's no longer a sellers market but a buyers market.
In the last decade, with new technology, oil has been discovered both onshore and offshore in areas that hitherto were impossible like in USA, Kenya, Somalia, Ghana etc and most of them are not opec members hence u can't control what they supply. Hence the over supply.

U just wait until china and India announce they too have discovered oil lol

cramjones:
The massive looting that took place during GEJ's tenure has finally brought Nigeria to its knees. Greece would be child's play come 2016. The wicked Jonathan government fleeced our money when oil prices were sky high. The price is now projected to be at $20/barrel in the first quarter of 2016.

Now is the time for Buhari to be decisive and put this wicked, insensitive, clueless, heartless, corrupt and pouchy man in jail. Recorver the loot of him and his cohort and draw a strong and hard economic recovery policy. There is not much he can still do because the man called GEJ destroyed Nigeria!

-CramJones

The funny thing is thean GEJ lives in his. Village he has no fancy villa.has not mega cars.he wears a smile everywhere he goes.owns no house abroad.He is concentrating on making the Africa nation to know that election is not a do or die affair. Can someone who did all thses loot be living like that for the rest of their life??If you know he looted funds ask PMB to take him to court with all supporting evidence.But I can tell you the real thieves are civil servants.some li e near you on same street starting from your own local govt councilor.

EgunMogaji:
Thanks mate.

The next steps now is finding out what type of filler was used.

I'll post pics to see if it can be identified.

Thanks dude.

Great stuff.now what's the depth of ur foundation?

EgunMogaji:
Spyder880, KolaShangOne, EgbosaJohnny what says yes gents about my question. "Does it need to be a full height double wall or 3 to 4 coach is enough?" Builder thinks 3 to 4 is enough and I want to know if I need to go higher so I can force the issue. That is the only question, nothing else.

You know, too much rice and chicken is not good for the body o

PS: The outside of the wall will also be filled two coaches high when the yard work of the project starts.

I asked a question back on my build regarding filing.I asked for the diffrence btw red sand and condemed sharp sand.I don't think doubling your walls is needed..It would be waste of money. DO NOT US RED MOD

EgunMogaji:
Pillars have been poured now.

Most definitely lessons were learned and similar will never appear again. One single one is that regardless of any fantabulous plan I want to build, the Architect and me will both stand firmly on the land and visualize.

In retrospect, this should have been an elevated bungalow and that deep side would have been used as underground parking.

But I have to move on and not get stuck at foundation, though it's an important part of the whole build.

I'm going to go ahead and do the additional support wall as the builder wants to do but my question is that is 3 to 4 coached high enough?

Good morning as I just woke up ehehe still on holiday mood.can I ask what is the depth of your foundation?

Quick brake down of project
Area of plot 532.612 sqr mts
Area of building 256.8525 Sqr mts
Area unbuilt. 275.7595 Sqr mts

FastShipping:
What is this?

Ahah 1st pic is UKODO. 2nd pic is starch and Peper soup.

I have been taking a break for the xmas season.merry xmas everybody come an join me

londoner:
Exactly. Those in the diaspora need to organise ourselves so that remitted money actually goes into something concrete. We need to direct how that hard earned money is spent at home.

My guy I like facing reality. Most people who fall victims to these relatives are this without Docs.these days it's easier to wire money straight to your Bank in Nigeria than to boil egg.won't it be nice to send your money to your own account and do your thing when you have the two weeks holiday??

BrabusNG:
I doubt the difference even in short term will be much. The long term benefits and advantage of using steel as frames over block wall cannot be overemphasized.

I'm exploring that option at the Seascape Villa. The house must have western flair "by fire by force"

yh but frm that pic, I recon that will go with glas if I understand Egun well, he was saying brick wall outside and wodd inside instead of conventional plastering/screeding, so Im of the opinion plastering will be cheaper than wood i n this respect.I recon if we ask the western buildes they will wish if they could use cement to finish teh inside of thier wals but to them that would be more expensive, plasterboard finish is way cheaper cos it is made there, in Nigeria you will have to import plaster board and you also need to finish it inside as well cos there is a special plaster for this,.

Merry xmas everyone.U guys won't believe what I have been doing today .quick question what's the benefits of red or condemned sharp in the filling or back filling of a building.I veering towards condemned sharp.

BrabusNG:
That bolded part touched me as it perfectly define the Brabus many people don't know. But what I know is "Adabi ja ju oogun lo." Trust is a big issue in Naija.

Sir Chekitaut, there are always two sides to a coin. Your side has been heard. The client said must also be heard before I can say a word on this. But as it is, I think you went too far. Why deliver N6m good to someone you haven't met or just met. I doubt you've ever visited a bank for a loan before. Maybe if you try once you'll understand how to deal with financial transactions in a better way. Even with your good collateral, banks will still ask you questions that will make you rethink your decision to take the loan. Question such as "what if you die tomorrow, how will we recover our money?"

Pls, prepare your accounts with verifiable papers/documents/correspondences and request for account reconciliatory meeting with the client. However, this will be highly contestable if the client or his representative do not physically ascertain the quantity of materials delivered. "Ascertain" in this case no be look o. I mean append signature to confirm deliveries.

God bless your business!

I can't even receive such credit worth.I do pay as yoy go.I do t owe you and yoy don't owe me.my project stops at where my money at.I want to sleep with both eyes closed and wake up with both eyes open.

EgunMogaji:
An astute thought.

So I'm still debating doing my build with 6" blocks on the exterior and using steel studs on that part facing inside and the entire interior partition. We have steel studs here in Nigeria and a Nairalander uses it a lot to do fancy wall work.

The thing is the cost factor. I am working out a spreadsheet to calculate all of this. I just haven't been able to get the cost of steel studs as well as the installation though I can supervise that.

It will be more expensive. Anyone who goes ahead to do this would be proving a point not to save cost.just compare a cemented wall to the cost of ply laminated wood.

mikolo80:
i'm talking about cooperatives and shareholders not individuals

Like??

ugbah007:
How about the money yahoo boys collected,if it was included,then I think it way pass that amount.

I think it's past that ammount as third party remittance agents.would not disclose their info.these should be info frm direct bank transfer and western union plus money gram.

mikolo80:
just imagine if that money was gadad togeda(3 trillion) to build industrial parks.... so sad it's only to pay bills and buy phone and other frivolities. o well...

Nah I think some people are already doing that. If these guys do not have docs to travel then they are stuck but if they do.they can over see their projects.

omonnakoda:
Whether I live in Idanre Hills or Kathmandu,Whether I have any money to send anywhere has no bearing to the subject matter I prefer to be opaque and anonymous TOTALLY.

The Nigerian Economy gains

I don't know where any one said Nigerian government gains. How does a government gain? That is a bizarre concept.

The fact is that any inflow of FOREX eases pressure on the exchange rate by boosting supply and preserving Foreign reserves

Ok I must have read yoy wrong But Activa says the govt gains.I don't understand where he gets that concept. As for forex these so call agents abroad killed it.the are the reason people do not come back to 9ja on hols with hard currency.

omonnakoda:
So why are you asking me stupid questions. What does my personal business have to do with you? Why are you interested in my financial activities ? You are too forward. Stick to the subject matter and do not personalize what does not need to be personalized. Wher does your warrant to personalize the discussion come from. This discussion (thread) does not require personal information and certainly none of my comments justifies such familiarity or personalization so wher do you get off asking me that nonsense?

Erme how is it personal.all the amount I quoted where guessed I don't expect you to tell me how much you send if you ever did.however I used 1k as a benchmark.
Most people on here actually think we send hard currency home NO we dont we send naira. The Hard currency dies at the hands of your agent abroad end of.so the arguments that Nigerian FG gains from money people abroad send to their family is rubish.

omonnakoda:
What is the difference between a quark and a meson? I am not here to make friends, I have enough. I do not want to know you or your biography. Not interested!

See what I meant wen I said my question won't make sense to U??yet U said I have nothing to say.if you could answer that question U would have solved the arguments going on here and know the details behind remittance of monies how it is done and how much they charge.I dnt need to make friends here I have more matured friends in the Auto and property sections.there seem to be loads of kids here still earning N100 a mo th thinking they are the G in their hood.

kessler53:
I don't believe this story,because Just yesterday I was told that the machines are obsolette and that the refining of Nigerian light crude is not possible,that is why heavy crude oil from Venezuela has to be imported.

Someome's body language fixed it.

asokoromadam:
You believe you this Bastards ?
You know why I am not worried ? Soon when the austerity bites them they will regret and protest .Useless black people

The dude is right

Image123:
This is an armchair wailer, don't worry government is gathering data to help you guys with findin yob.

So yoy believe this craap.did yoy not read the same NNPC saying kaduna refinary was designed to refine heavy crude and not light crude?so did someone perform magic overnight?

omonnakoda:
You don't have anything to say...........

U recon ok let me.ask U.how much does the 3rd party remittance agent charge to send $1000 to ur Nigerian bank and what's the landing rate??

omonnakoda:
Generally I tend not to be biographical on the internet but you can still ask general questions. My individual situation is nor really relevant

Well I assume you live in Nigeria and have never sent money from the west to Nigeria via third party remittance agents.my question will be of no meaning to U.ie won't make sense.

omonnakoda:
How the hell is that any of your business

Cos then it will put us in sme page of understanding.I li e and work in the UK I presume yoy live and work in the US??cos I was going g to ask a next question!

AreaFada2:
Tells you there are more Nigerians in USA than elsewhere.

US immigration rules allows more family members to re-unite with a nationalized foreigner.

US also has more space/capacity to absorb more immigrants than most other countries.

I think us in the UK Send more money in value to Nigeria than you guys in the US.reason the pounds is 1.5 US dollars

omonnakoda:
The issue of remittance is quite simple it adds to the total quantum of supply and mitigates demand of Forex from official sources.The market is unable to discriminate the source .Just like a generator can only carry a certain load when you switch on an electric iron you can see the difference so also wit Forex . One can actually model and calculate what our exchange rate might be without remittances in that regard these remittance are a major bulwark in the current economic situation and government should do what smart governments do in such situations allow people to bring in money,indeed encourage them(especially politicians) and not ask too many questions

Have you ever sent money from abroad to Nigeria?