Gbabe2's Posts
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allthingsgood: Oga, you get time to dey explain to this indomie generation? They can’t even comprehend a simple paragraph. Daily, I weep for these folks. No wonder, Bubu tagged them lazy. |
MrOjay1: Hey, we have all been there in time past. Mine experience was helping on a farm as a laborer. I was cheated and short changed. It was terrible but very useful at that time. At least far better than ill gotten wealth. That was over 24 years ago. I reached out privately. If you don't mind, please respond. Thanks. |
[/quote][color=#006600][/color][quote author=Cof1ex post=92107958]Am really going to be straight here. I was able to save #200,000 through a side hustle (riding okada) early last year (jan-may) while awaiting service and up to another 100k i used for service.Please help!!!! Lala abeg push to fp Sow a seed to God. |
SLAP44: But you can wail and weep on another. Perverse generation. |
blasted12: Which one Nigeria? What have you benefited from one Nigeria since you were born? One Nigeria is a scam. |
bizzibodi: Let’s look at it from another angle. Imagine, our refineries were working. Imagine, we have functioning production facilities..... like Leyland, Exile, TSG, the textile industries and all others and they are working at their full capacity. Imagine all these ABA made small scale producers are well funded and supported. Imagine, we have good rice milling plants all over Nigeria. Imagine our poultry and farming businesses have the full support of Government. Do you think they will have issues with their sales? Don’t you think the revenue generated from crude oil with be enough and also channeled into some infrastructural developments? What do you have to say about Bayelsa with less people and high allocations and yet nothing to show for it. Even if this is country is 25 million and yet, the likes of Tinubu, Aregbesola, Amaechi, Orji Kaly, BUBU, GEJ, Saraki, Dino and co are the leaders, they will still ruin the country. Did you read the Dept of State report sometimes back that concluded that Nigeria could not account for over 600 billion dollars since 1979? Let’s ask ourselves what those funds would have done to this economy. We have been deprived of good and selfless leaders since the creation of this country. |
aspiring44: I have reservations on the pros and cons of SAP. It was foisted on us by our lenders as one of the conditions to access the loan then. Anytime, you will always be at the mercy of your lender. Should we have taken advantage of the program? Yes, but unfortunately, we had frauds and crooks as leaders. Let’s take Bayelsa State as an example. Less population with decent appropriation from the Federal Government. Do they have anything to show for it in the last 20 years? I doubt that. My home state Osun. That nincompoop called Aregbesola left over 150 billion as debts with less than 1billion monthly IGR. He even squandered tax payers fund on an airport that was never completed in 8 years. What was he rewarded with after 8 years? A ministerial appointment. These guys are meant to judiciously appropriate our common wealth and not squander it. I pray we should have a different administration in 2023, then you would see the rot, waste, abuse and monumental fraud this APC Government is. When the head is sick, the whole body would be sick. |
Smartypant: There is something you guys are missing. You don’t have to be a graduate to have a job and a decent source of livelihood. There are diverse skill sets that can be utilized in a good environment. If we have adequate production plants, do you know how many skilled and unskilled folks would be employed? It revolves around and multiply. Should we cough out money to buy things in cash if we have a functioning society? No. Most times, in these developed countries, they live from hand to mouth and can afford anything you can think of. They buy houses and pay over 30 years; they buy cars and pay over a duration ( e.g. 69 months). Do you believe that we have foreigners that can do menial jobs abroad even with their MSc joyfully? It’s a leadership problem. |
ajl: Population should be a strength in any situation if you have good management skills but unfortunately, our crop of leaders are myopic, and complacent. To think that we can’t be proud of 5000 megawatts is incomprehensible. The problem is inherent with we black people. Do you know how nice South Africa was in the 90’s? Even though they had their peculiar problems ( (apartheid), yet, it a was a pride of Africa. Now, you need to see how wretched the country is. Our so called leaders is the brain behind our underdevelopment. |
michlins: I disagree with you Sir. Exchange rate is one of the determinants of how strong an economy is. We have the GDP, GNI, GNP, percapita income and likes that are periodically measured. Yes, 800 naira was difficult to come by then but their standard of living, the percapita income was great then. Till date, do you know how many Americans that can’t save 1000 USD? One of the problems we had/ or are having is that our leaders didn’t invest, create the atmosphere for a conducive and production friendly environment. The FY 20 budget of Maryland State with a population of less than 5 million is over 46billion USD.Did they invest in Power? Production plants? Infrastructure? Health? Academics? Farming? I doubt that. The main issue is that we procure almost everything abroad. Even our so called crude oil, we refine abroad. Naira is chasing few dollars interms of trade and buying. Americans have very few graduates compared to there population. Once you are a high school graduate, you can get a small job and start your life. Let’s take Malaysia and UAE as an example. Do they have a friendly environment? Yes, they do. Do you think people love to start all over in another country then? No. It was boring and not easy starting all over then. To think of the racism in the 80’s will deter you from nursing the idea. In summary, if our leaders had invested in our economy, if there was adequate accountability, and the love of the nation at heart, Nigeria would have been a paradise on earth. Further, population is always a strength if used to our advantage. |
oyatz: Yes, this is one of the reasons why this country is not progressing. Its either some supposed reasonable/educated folks that ought to enlighten others are paid goons or just myopic. (1) Yes, its our responsibility to criticize, assess, suggest/ recommend to any government in power. Do you know why? They are called to service. They are supposed to be stewards of our collective resources and give judicious account (accountable) to the nation as a whole. They are meant to allocate our collective resources with equity and fairness. Their kids and wards are not meant to flaunt ill-gotten wealth online. They ought to live an exemplary life ( be a good role model) and be above board in all their dealings. They are required to set the tone at the top while others ( citizen) follows. They are not expected to circumvent the process or have a double standard. They are not expected to spend 40 million naira (taxpayers fund) on feeding their members during the fasting period ( as in the case of LAHA Speaker). In a nutshell, our supposed leaders should be open to correction, criticisms, suggestions, and civil disobedience where necessary. (2) Secondly, that's a wrong assumption. Regardless of the reason why you voted for any government, its the responsibility of the government to unite the country and allocate the resources fairly. Do you expect the South-South folks to keep quiet while their land and resources are depleted at their detriment and instead used to develop another region of the country? Let's be objective and reasonable for God sake. A good government will appropriate resources based on diverse factors best known to them and periodically give updates to the subjects. Good for you that you voted all because of Lagos -Ibadan expressway which has been appropriated for, multiple times within the last 20 years. Good for you that you voted for this government all because of the Rail system which has been overbloated in terms of cost. If you are privileged to be a recipient or beneficiary of this government, that does not mean everybody is. And to tell you the truth, power is transient and another bloc might surface in 3 years. Why is it difficult for us to get basic things right? All we should advocate for is a functioning system that will outlive these crooks. Haha, the last time I checked, checks and balances are enshrined in our constitution. Where are the checks? We cant even use our vote without being subjected to harassment. For the records, I am not a disgruntled individual even though Nigeria has failed me and millions of others. All we are requesting is a country where we can be proud of. A country where youths won't be beggars. A country where our right is respected as a citizen. |
oyatz: Good question and I will try to educate you. Others can as well enlighten you guys. How many graduates are employed in this country? How many graduates are underemployed in this country? When we travel by road, how many good roads do we have in this country? Do you have a tap borne water at home? how many functioning hospitals do we have? Insecurity---- when you are robbed, do they ask whether you are Igbo or Yoruba? When we are deprived of the basic amenities of life, are we differentiated by our tribes? Its time for us to grow past these tribalistic tendencies and face reality. As a full-bloodied Yoruba man, I had high hopes for this country. All I thought was, once I graduated from a college with a good grade, all will fall on my lap in life. Where are we? It is over 20 good years I graduated from College and yet the story has not changed in this country. You know why? it is all because of these never do well robbers that can cough out multi-millions to buy these cars that are necessary in our environment. A typical politician in Nigeria has the intention to rob us blind. Typical examples are Dino, Jagaban, Orji, and all others. Most of these guys don't have any business if the process is functioning and there is a great accountability for your so-called service. I can further educate you if you don't mind. Thank you. |
densiks: Really, is it their fault? No. Sincerely, we don't belong to the same class (Northerners and Southerners). If not ill-gotten money and daylight robbery, how many hardworking billionaires can cough this huge sum of money to buy these cars (that will turn to be their death traps)? The folks that invented these cars have a lot of opportunities like trade-offs, paying over a period (maybe 5 years), and etc. And lastly, these cars are really meant to attract a class of the society ( American footballers, basketballers, the likes of Beyonce and Jay-Z (celebrities) and not these crooks. |
jlinkd78: He didn't only mock the hardworking southern folks but all hardworking youths in this country. This is what our dear country has turned into. Slaves riding our horseback while Kings are walking on foot like slaves. This is their time and they should enjoy it very well. God willing, time is going to come when their names will never be heard of again in the history of Nigeria. To tell you the truth, it also reflects the kind of parents and upbringing these guys have. How on earth can you rob people, deprive them of basic amenities of life and yet, flaunt this ill-gotten wealth? There is no peace for the wicked and shame to these guys and their generations. |
raker300: Why should you be surprised? We call such people Buffon. That’s a typical example of someone with no expectation at all. How can he misappropriate and misapply public funds and some never do well will ask you to mind your business. Anyway, it’s their type that will stand by their gate before they can eat. No wonder we dey see bullion van enter Bourdillon. Jagaban no go fit talk Joor |
[color=#006600] sexylassie2:I didn’t make sense? Which one didn’t make sense to you? Small time you will call yourself a high school leaver or in some cases a graduate. This is an example of a Nigerian school leaver that lacks comprehension. Below is the CBN guidance/ directive ——- to save you time, read pages 9-10/ 17 ( references 3.60 - 3.67) https://www.cbn.gov.ng/Out/2014/BPSD/Guidelines%20on%20International%20Money%20Transfer%20Services%20in%20Nigeria%20Approved%20d.pdf My advice to this generation is that please be willing to learn from others. We can’t know it all and once we goof, let’s accept and move on. The slowpoke didn’t know I deal with these instructions as part of daily livelihood. There are faceless individuals here that have attested to the possibility of transferring legitimate funds with no CAP to Nigeria, yet, she chose me as an easy target. If you continue with this attitude of yours, you ain’t getting anywhere. |
sexylassie2: This is an excerpt of the guidance/ instruction you were referring to ——-Nigeria doesn't cap incoming foreign transfers. The Central Bank of Nigeria does impose a limit on outgoing transfers of $2,000. That isn't to say you'll be able to send as much as you like all at once. While there aren't legal limits, most transfer service providers set their own.Feb 12, 2020.... see link .... https://www.finder.com/taxes-regulations-on-large-money-transfers-to-nigeria Let me educate you a bit. Nigeria procures almost all everything abroad. Nigerians needs dollars as a means to procure refined petroleum products, fish, chicken, raw material and what have you. Nigerians needs dollars to effect those transactions abroad. There is inadequate amount of dollars to transact businesses abroad. Nigerian government is no longer willing to defend dollar- naira relationship, hence, devaluation and scarcity. In conclusion for someone that didn’t pass English or lacks comprehension and not willing to learn, Nigerian government is willing to accept as all USD inflows as longer as they are legitimate so as to make them available via diverse means——Parallel market, BDC to meet their obligations. I rest my case. |
sexylassie2: Ok ooo. What is the limit o? I want to wire $80k usd to Nigeria. I dont have much time to educate you since you have decided to follow that path. Whether you like it or not........ I am more knowledgeable than you in this aspect. I just shared 2 out of my multiple experiences and exposures I have had in time past. I have wired funds to Nigeria and not through all these apps and WU. If you like accept, if you don’t, Na you sabi. Let me allow you to wallow in your ignorance. Cheers |
sexylassie2: Haha...... I don die. Do we have the same exposure? LMAO.... Please try and learn to be more civil with an attentive ears. This is a faceless forum with different folks with different background and exposures. I don’t want to stoop so low but it is preferable to learn from others and keep quiet if people with superior point of view and exposure weigh in on some things. That way, you will learn better and have a wider perception of things. Just my one cent. |
TheEnlightenedO: Thank you my brother. Yes, the goal of such due diligence to is to serve as a safeguard to money laundering and to prevent funds that are channeled into terrorism. Yes, yahoo yahoo guys might have issues doing this, but folks with genuine source of cash can wire anything to anywhere. Yes, it will be reported to appropriate channels via diverse means but that does prevent your legit transactions. |
sexylassie2: To burst your bubble sista mi. I know a Nigerian lawyer that represented a company with an international court. After a long time, the case was won in their favor and he got his commission in dollars. I am not talking of $1 million USD. I am talking of real dollars. He wired part of the money to his USD dom Acct with GTB, transferred tranches of funds to different recipients and living large. The caveat is.... once the source of fund is legit and transferred properly, there is NO law that forbids it. Thank you |
sexylassie2: My sister, do you know how much in foreign currencies foreigners transfer home? Please google it up to have an idea of how much. In some countries, it is another source of income to those countries. My beloved sister, foreign currency dey enter Naija and no be cents. They will do their due diligence as a safeguard against money laundry and fraudulent transactions but once the source is genuine, money dey enter oooo. Can I tell you something, a dollar is now 460+naira...... which means foreign currency dey enter everyday. There is no rule of thumb that restricts transferring fund to any country of its fine through the right channel and source is genuine. |
olabrinks:children. I mean unless you want to eventually move back to Nigeria, I see no point of this and it’s just a waste of money. I guess it’s a status symbol for most.[/color] It all depends on individuals priorities. He has good intentions but unfortunately, he was deceived by his immediate families. I pray God gives him the grace to forgive. |
quote author=sexylassie2 post=89827253] Before you type learn to read to understand rather than read just to comment. I never wrote that people abroad dont buy houses in Nigeria. What i wrote about is the financial laws, with the way the US or many developed country is set up, sending 60k dollars to nigeria will alert authorities and invite them to your house for money laundering investigation. In most countries, there is a limit of outbound transfer for an account that is run by a private individuals.[/quote]If the source of the money is genuine, you can send any amount to Nigeria or any part of the world. Spoke with a BOA branch manager recently and he told me he just wired $250k to Nigeria. Yes, there’s going to be a red flag but you don’t have anything to worry about if the source of income is legit. We have medical doctors here that earns over $250k per annum so also we do have legit business men and women. Lastly, most banks would have done a mini due diligence to ascertain the flow of the funds before they venture into such transfer. I hope this helps |
R TheGiftedOne:God bless you for your input. So all these people dancing Teesumole are his prey. Small size lunatics |
[quote author=InvertedHammer post=84311690]/ I love how people in Nigeria or other ignorant Nigerians are chiming in without understanding the factors at play. If I wire anything above $3000 from my domiciliary account, the bank must notify IRS about the transaction. If I carry more than $10,000 through any US airport without declaring it. The fund will be seized by the authorities if found and I will be charged with money laundering without all the sensation that follows Onyema's ordeal. They will want to know the source of the fund. Onyema has to show the source of the fund and possibly be penalized if the paperworks were not correctly filled out. An African (especially Nigerian) moving such funds around will definitely attract scrutiny. They will find away to throw in tax evasion too in the mix. The sad thjng is that after all the gragra, the prosecutor may file nolle prosequi but the damage is done already. / [/quote Bro, it’s standard practice post 9/11. In a well organized environment, sources of wealth should be traced. Money laundering regulations was enacted to prevent or minimize washing illegitimate funds into the system and to safeguard against terrorism. Just of recent, a guy was charged because he transferred 500 dollars to Syria. The feds proved that he was financing ISIS. In addition, they don’t want scenarios where someone will wake up one day and tell us that Tinubu was a billionaire before he became the governor in 1999. |
Nice write up bro. You did a good job here. However with respect to Onyemas case, he’s in for a long ride. The US government won’t go public if they don’t have a substantial evidence against him. They must have reviewed the case and it was determined beyond reasonable doubt that’s he’s guilty and has a case to answer. Forget all these Igbo Yoruba rants on nairaland. The way system works in the US is different in the sense that, government knows the consequences of going public with false or unverified claims. Can I tell you the truth, the guy will be running from pillar to post and consulting marabouts all around. Come to think of it, what was the source of his investment if not a front for some people stealing our commonwealth? I hear people scream to high heavens that Tinubu, Otedola, Dangote are rich. Most of these guys are living large on the failures of the system and robbing us blind daily. Anyway, I wish him all the best in his endeavors and not to travel to even Dubai in the near east future or else, a room is waiting for him in Colorado Springs. [quote author=OruExpress post=84308704]20 IRS Audit Red Flags 1. Making a Lot of Money The overall individual audit rate may only be about one in 170 returns, but the odds increase as your income goes up (especially if you have business income). IRS statistics for 2018 show that individuals with incomes between $200,000 and $1 million who file a Schedule C had a 1.4% audit rate. Report $1 million or more of income? There's a one-in-31 chance your return will be audited [ |
Do you think your vote counts these days? INEC under this administration is a sham. Think of Kano and Osun State. Until our vote can count, then we will have a voice and these rogues, Jagaban and co will no longer exist. Please don’t be deceived, this is the worst administration in modern times. I thought we should have leveraged on previous administration”s weaknesses but unfortunately, we are endowed with first class rogues. , Bmas01: |
Which one is better? PDP or AP deceit? Until, there is a radical change, we should not expect anything from these crop of leaders. I don’t know how, but we can’t continue like this. These guys are meant to serve the masses and give account of their stewardship but unfortunately, they have keep us in abject poverty and we can’t even think right again. I don’t want the millennials to quote me and spew rubbish. I have been around long enough to know what's good or bad. contigiency: |
I weep for this generation. Thank God I escaped from the jungle where monkey dey work, baboon dey chop. I can imagine Dino being a senator of a republic. What’s the difference between Dino and MC? Now I understand why Nigeria is retrogressing. How did we get here in year 2019? It’s unfathomable. Johnnyessence: |
Oga, it’s easier for you to come here express and your opinion after becoming a BRITISH CITIZEN. I have a problem with folks that keep their families abroad, decide to relocate to Nigeria due to some affiliations with some friends who are now politicians. Oga, swear if you are not a BRITISH CITIZEN. adonainana: |
