Essentialone's Posts
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I could only spell the word Mathematics After then, NEPA go take light. Then I will be looking like Lucozade. |
yMcy56:Mummy me. We need this kind news ooo. Before pesin collapse ontop Nigerian stock matter |
PZ on its way to N100 See you there... |
Why is the price of Cadbury going up and up? |
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A |
Why is the price of Cadbury and Guinness going up and up? |
In the 1800s and early 1900s when slavery thrived, Africans were forced on ships to Europe and the Caribbean. Paradoxically, it may appear that if these ships were to return, we may see a very large number of Nigerians who would prefer to live as slaves than remain here in Nigeria. It is nothing short of concerning. A 2021 study by African Polling revealed that 7 out of 10 Nigerians planned to relocate if the opportunity presents itself. Another stat from PEW Research toes the same path. About 45% of Nigerians say they plan to leave the country in the next five years. This is the highest in any African country, followed by 24% of Tunisians who plan to relocate in five years. Unfortunately, the cost of relocating abroad is on the high side. With the recent fall of the Naira against the dollar, expenses that were classified as minor like Visa acquisition, IELTS and TOEFL certifications have become more expensive. According to the British Council, from September 2023, the new prices for IELTS Academic and General Training would be N107,500, N116,000 for UK Visas and Immigration and N104,000 for Life Skills. Erstwhile, the prices for these ranged between N60,000 to N90,000. Flight ticket prices are also on the rise. According to the Nigerian Bureau of Statistics NBS, Nigerians paid 34.06% more for flights in June 2023 than they did in June of the previous year. With all of these hikes here and there, how then are Nigerians able to ‘seemingly’ relocate with ‘ease’? How are more and more people able to make the move abroad? The economic situation at home To paint the economic situation at home on a good canvas with near perfect strokes, this stat from Statista may just do the job. In 2022, 88.4 million Nigerians live in abject poverty i.e., less than $1.90 per day. In common terms, close to half of the entire Nigerian populace are struggling to survive daily. They live from hand to mouth and hope for a miracle for the next meal on the table. For context, the price for IELTS Academic and General Training is more than three times the country’s minimum wage which stands at N30,000 per month. A Nigerian online travel agency Naija Japa puts the normal travel cost for visitors to the UK at N2,318,000 and students at N2,102,271. But in 2021, the Nigerian Deposit and Insurance Corporation NDIC revealed that 99.4% of Nigerians do not have up to N500,000 in their bank accounts. If only 0.6% of Nigerians have N500,000(which is only about one-fourth the average travel expenses) in their accounts, how then are more and more Nigerians able to afford relocating abroad? Is there something they are not telling everyone? The answer lies in the selling of properties. Making the move by all means possible The late Sound Sultan in his 2006 single ‘Area’, spoke about the struggles people undertake to make the move abroad. One line “remember Nnamdi sell him car make you take go America” underscores the fact that many Nigerians who travel abroad do so by literally impoverishing themselves and others. According to a July Business Day article, more and more Nigerians are selling off their properties, closing their businesses and making the hopeful move for greener pastures abroad. In some cases, this risky gamble pays off but in most, the hopefuls are left stranded with their dreams of a better life dashed. Almost every Nigerian knows that one person who travelled abroad and, in a few years, ‘made it’. The few stories like this paint a very lopsided view on what is truly obtainable and the prospects of fitting in and thriving abroad. According to the US Bureau of Labor Statistics, foreigners earn only 86.9% of what their native counterparts earn per year. Nigerians who make the move soon realize that they were told half-baked stories. The pay and cost of living was very different from the utopia they thought it was. The competition for jobs is a far cry from what they were told. Weren’t store owners, factory keepers and hospitals supposed to knock on your doors and beg you to work for them? They soon realize that several immigrants also made the move too and especially for very unskilled Nigerians, the search for a high paying job becomes increasingly frustrating. Making the move Understandably, it is easier to make ends meet abroad than it is here in Nigeria. For example, inflation in the US stands at 3.2%, in the UK inflation is just 6.4%, Irish July Consumer Price Index CPI puts inflation at 5.8% while Nigerian inflation for July hit double figure of 24.08%. However, it would be very unwise to abandon ship and attempt to start over in a foreign country especially if you are not very skilled. Skilled professionals like doctors, accountants, engineers etc. may easily blend in and get high paying jobs. The same cannot be said for the unskilled workers who make the desperate move abroad. |
If you have shares in MRS, now you can apply for MRS Scholarship for only your children in secondary schools, and universities. https://www.mrsoilnigplc.net/documents/Shareholder's%20Child%20Application%20Form_Fillable.pdf https://www.mrsoilnigplc.net/documents/2023%20Application%20Guidelines%20For%20MON%20PLC%20Shareholders%20Children.pdf Time to mop up MRS shares. Rally loading... |
Mathematics is not a Subject or Course. It is an I.Q. Test. |
Smart Investors buy stocks before they go on Full Bids. UBA ZENITHBANK |
Everytime, Find x. What exactly was that for? |
Woke the Wiked man from Obi Akpor local government. Lol |
I understand Mathematics, but all the topics inside it, I don't understand even one. |
Mention that topic in Mathematics, that you still do not understand. Mathematics lovers and haters, show ya sef.
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UBA, UCAP, and TRANSCORP have responded to the Tony Elumelu factor. #AllEyesOnAFRIPRUD |
It’s lonely at the top (Lonely, lonely, lonely) Money on my mind (Money, money, money) Don’t care what they yarning about me in particular (Ko kan mi, kan mi, kan mi) Out here on the road chasing my dream because I know (No one can chase it for me) {Pre-Chorus} Ọ́lọ-lọlade maa n gb’ọmọ lọ (Gb’ọmọ lọ) Bọrọkọtọ idi ṣ’ọmọ lọ (Ṣ’ọmọ lọ) Ẹ fi wọn s’ilẹ jẹ kan ma lọ No dey find anybody na money I want (Me I want) No dey hear wetin people dey talk (People dey talk) Wọn te ge Aṣakẹ l’eti lọ (L’eti lọ) They life na one no get another one I go take am do wetin I love {Chorus} Wetin you love o No be wetin I love o Wetin I love I go do am with all my heart o Ogogoro no be vodka Mr. Money ginger But una know I no dey waste time Mr. Money ginger |
una go explain tire. No... |
fat ladies only good for sex, because of their very wet and watery inners. Nothing else. Please, who is the new president of Gabon jare? |
Rice is the winner. |
My prayer has been half answered. Hoping they ***** you to *****. Still waiting for prayers to be answered in Cameroun Equatorial Guinea Congo Uganda, and Eritrea. |
12 NASCON = 11 Dangote Sugar. and 14 Dangote Sugar = 1 Dangote Rice |
International Breweries Buy? Hold? Or Sell off? |
McNichols Rights Issue: Accept or Renounce? |
Tell us more about RIGHT ISSUE, and must one accept the Rights? |
lol |
OPAY is a fraudulent organization that is playing a long game. Avoid it completely, before it is too late. |
Thonyb2:Why must they mention the name and address of the person who reported the case to the Police? What then with the Whistle blower identity protection? |
Why do they flood NYSC camp to tell us that our BSc and HND certificates are useless, only to end up collecting our allowee, and giving us even more useless certificates? |
Hmm |
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