₦airaland Forum

bixton:
I see a lot of comments and people are surprised by the statistics...
Let's all think and tell ourselves the truth......since 1999 till date, is Nigeria actually on the part of true infrastructural development and are Nigerians enjoying the gains of a growing economy?
Can we compare Nigeria with Malaysia who came here years ago to collect our palm oil seedlings?
Can we compare and compete with them in terms of infrastructural development and economy?

Malaysia is one country I low key envy. Strong passport, not too dangerous, so much foriegn investment from richer nations, diversified economy from agric-businesses to semiconductors, all seaports are functioning, bustling cities with developed infrastructure etc.

Malaysia has been able to manage its ethnic, religious and racial differences pretty well, although not perfectly. We no try o. Our elites no try at all.

Osebanjo:
That’s because you are seeing the average cocoa farmers as poor when in reality a bag of cocoa cost about a million or so in the market now. In excess, they look poor to you because of their hustle. Almost everyone owns a cocoa farm in Ondo, even if you live abroad, they will still send you your share from the farm produce. Same with Ekiti. Osun is both farming and a gold house state so reason those 3 most times have the least poor people in the country.

Exactly. Cocoa prices have skyrocketed, ditto gold prices, which have doubled or even tripled. So, those folks won't be poor. Even the mere trading of beans or gold is enough to place a fiscally disciplined person in a middle-class position in Nigeria.

emmaodet:
I don't believe this statistics.
How can Ondo be the least poor state in Nigeria, then there is Osun and Ekiti lower than Ogun.
This is a big lie.
The kind of poverty in Ekiti, Ondo and Osun is mind boogling

I am shocked reading this. With all the cocoa and cashew nuts in those areas?

O'wrong nau!

FoolishBoy419:
Let's hope the terrorists don't dramatically become more powerful than they already are in Katsina

You know, this is the same thinking I have regarding the terrorist attacks in Kwara. We are the second biggest producer of soybeans in Africa after South Africa. I started reading attacks in Kwara, especially Baruten LGA, which is a major soybean producing area. This happened at the same time the US and China had their trade war. Right after China stopped buying US soybeans, there was a fair organised by the US embassy encouraging Nigerians to purchase soybeans from the US.

I still find it shocking that Kwara would be experiencing terrorist attacks, considering that more than ten years ago, it was always mentioned here on NL as one of the safest states. Also, why must it be Baruten LGA where soybeans are cultivated in large swathes of land?

pipnator00:
True. They serve their food in very small portion.
I used to get embarrassing stare when I go to their buffet, heap rice as much as I can eat.
These days, I no send anybody. After all I'm gonna pay!

On my part, I buy two portions.

WriteerNg:
⚡China is investing $1B to reactivate Venezuela’s oil production, installing a massive floating platform in Lake Maracaibo to bring dormant wells back online and ramp output to 60,000 bpd by 2026.

It’s long-term infrastructure, under a 20-year production-sharing deal, aimed at export growth and energy sovereignty.

The U.S., meanwhile, is parking warships, F-35s, and nuclear subs in the Caribbean under the pretext of “counter-narcotics,” escalating toward strikes on Venezuelan soil.

Where China builds platforms and pipelines, Washington positions carrier groups and missile batteries.

One offers Venezuela capital, tech, and market access. The other offers blockades, sanctions, and threats of regime change.

The same thing across Southeast Asia and Africa. Tomorrow, some people will chant cHiNa bAd🙄

Just last week in Katsina, Chinese investors pledged almost $1BN into various areas of the economy. It was then I realised cassava could even be cultivated in the far north. The US is literally telling Africans "we don't want you" with all sorts of visa policies, but we keep reading China do this, China do that yen yen yen.

Teymanhenry:
Are you married? If not then you are not speaking out of experience. Most men buy cars for thier wives. And let me give you reasons why some cheating men buy/rent houses for thier GFs. It's because they would have the privacy of visiting these girls at anytime. And one thing is certain, he'll have sex whenever he comes. She'll never deny him. Not even once.

Personally, I think any African rich man who wants to marry more than one wife is free to do so. Instead of hiding everyday with different girls all around. Since he's got the resources to make them happy. No wahala

I agree with the bold, but many of these women wouldn't agree with it. Besides, some ethnic groups and Christianity (even though it wasn't stated) frown at polygamy.

That said, the side chic model benefits men as polygamy requires responsibility for the new woman and her child(ren). Why pay for the milk when the cow is free?

SmartPolician:
I watched one BBC documentary where a Zamfara bandit was training his less than 15-year-old son how to shoot a gun and kill people.

When asked why he kills people with ease, the bandit said he enjoys it. His child would even be worse than him when he grows up. Nigerians have totally lost their humanity

They lost it in 2015 when they voted for people who invited marauders from jihadist environments simply because they believed Jonathan wouldn't have stepped down if he lost.

yemmit90:
Whoever marry someone like you has already enter a big one chance. Your reasoning is dangerous, not only to you but to entire people who might be taking advise from you.

A good wife is never a liability but rather a long time asset. A good wife is a valuable treasure to her husband, a home builder and a guardian of peace.

Even if you must cheat on her, it must be the deepest secret you should hold close to your heart. No woman in your life should deserve more than her. Only a foolish man will gift a car to a side chick, while the mother of his children treak around with his blood.

Unfortunately, a significant proportion of our men think like that. Buying houses and cars for side chics rather than their wives who birthed children. There are many reasons spinsters would rather remain single or be side chics because they benefit a lot without investing proportionately.

ednut1:
well said. Only the usa can produce something like this and Ogunlesi ( even simon guobadia) . Meanwhile in the uk they are stuck with african shops, real estate agent and fake COS selling 😂😂

I find it hard and annoying these days to debate certain topics when the stats are available on the Internet. Americans are rich rich. It is why Trump bullies everyone, because of the buying power of Americans. How many times do we see Nigerian students in the US complain? Some topics should not be debated. Na ten years we go know how far.

otherway:
The more reason why it is factual and represents the reality. We can not cherry pick isolated cases as the poster above myopically did. My post above represents a far larger group of people hence the need for it to be taken as the reality. Not forgetting ​Adebayo Ogunlesi who owns Gatwick Airport and just acquired another one in same uk.
But as I wrote, it will be totally shortsighted to mention isolated cases of minute number of people who are making extra ordinary impact.

Ogunlesi made his money in the US. His career blossomed in the US. How many Black billionaires does the UK have? Even France, with its high Black population, does not have a Black billionaire. I am dead sure there are more Black millionaires in China than in the entire Europe. I don't like including billionaires since there are outliers. But for the ordinary Black immigrant, no country offers more economic opportunities than the US. For this reason, Nigerians in the US would prosper more than their counterparts in the UK.

The US is a wealthy country. Anyone is free to disagree. Ten years go tell us the difference. I am dead sure that recent Nigerian immigrants in Canada would surpass their UK counterparts within that period. That is the benefit of being close to the US. Mexico also benefits. The benefits are disproportionate.

DrRasheed:
See Previous thread
https://www.nairaland.com/8513830/why-northern-food-mostly-disliked

Fair counterpost. I saw your response before reading the previous thread. Initially, I thought of tribal prejudice as the reason many southerners don't like northern meals. I read the previous thread, saw their responses and read yours - it still boils down to tribal prejudice because an unhygienic environment is a Nigerian thing, not a regional concept. Unfortunately for northerners, though, most southerners tend to interact with northerners in such environments. A thorough analysis would come from southerners who have lived a long time in northern Nigeria.

However, I disagree that the sight of a meal should not be taken into consideration. How a meal looks and how it is served play an important role in how the meal would be cherished. Eyes "eat" before the mouth. Additionally, OP's meals' pictures did not help matters. Presentation matters a lot.

A very interesting, hilarious and informative thread.

The reason Nairaland remains the best social media platform to know more about Nigerians than any other platform.

pipnator00:
Your head dey there. In my opinion, Asian food is the best. It's healthier, they always serve you with bountiful amount of vegetable.
Plus in most of their restaurants, they don't cook and wait for you to come buy rather, once you enter the restaurant, place your order, they run off to the kitchen to start preparing them fresh. To me, the "bestest" is Thai food because of chilli. Also, I like how they always have tea at the restaurants which I think is the reason you hardly see an obese asian.

I agree that their meals are healthy, but they are not filling. E no dey belly full person. But healthy and makes me trim? Yes.

otherway:
Many who write this have never left naija to even Ghana.

The same way I tot South Africa is shit hole until I traveled there just to realise that if South Africa stops developing, Nigeria will not match up in 1000 years.

So I don't bother arguing with people who argue about a country they have never been to.

But South Africa is the only major African country that can be rated higher than Nigeria. So, it was uncalled for you to describe it as a shytehole.

At the rest of your post: number one: the person who earns £3K per month in the UK would most likely earn at least $6K in the US. The US has the richest set of Black people in the world. Nigerian-Americans are the richest set of Nigerian diasporans. Real estate agents and developers in Nigeria have attested that diasporans who purchase properties in Nigeria are mostly from the US and Canada. Nigerian exporters have stated that they made money selling to Europe and Asia, but made a whole lot of money selling to the US. The US economy is significantly larger, more diversified (with many hubs for various industries that offer higher salaries, not just London), and provides more economic opportunities for Black people, regardless of nationality, etc. Enter Reddit to read where young and ambitious Europeans grudgingly accept the fact that they earn more in the US than they would anywhere in Europe (aside from Switzerland). On a strictly salary basis, the US is the first place in the world to earn the highest salary for any skilled professional. Even in the UK, lawyers who work for US' companies earn more than those who work for UK companies (See below).

Here: https://www.legalcheek.com/2024/11/laws-high-rollers-the-firms-turning-their-top-lawyers-into-multi-millionaires/

Your post is a coping mechanism.

dollytino4real:
Wat i noticed the agent really chop her money because she wanted to jappa by all means

Why did she wanted to japa by all means? What was she doing while in Nigeria? How was life for her, especially compared to the UK and with the new immigration policies?

Apologies for my many questions.

GloriousGbola:
i thought it was just some hating but here we are

https://www.instagram.com/omonilelawyer/?hl=en

i guess the hustle for clout is real

Apparently so, judging from your screenshot. I will still give him the benefit of the doubt, but it would be embarrassing if he concocts tales for clout. Or are the earnings from Meta and TikTok greater than actual physical clients? There is so much opportunity in the Lagos market, so it will be bad if he destroys the name he has built for himself just for social media earnings.

Wande22:
for those who think the storyteller is a liar, check this Nairaland link https://www.nairaland.com/7550397/how-lagos-land-scammers-lure#120554152

This is about fake land, not a house sold by someone who isn't the owner. Others have stated that Omonilelawyer comes across as a mendacious content creator. The question is: why does he create unbelievable content simply for content creation?

Dantedasz:
This Omonile lawyer guy is always cooking up and fabricating stories. All for engagement and creation of content.
It is a pity that Nairaland.com has descended into pushing all kinds of unverified stories to its front page. These are the kind of issues the owner needs to resolve and eliminate not the number of words and number of alphabetical letters In a members post or thread.

The thing is that the Omonilelawyer launched his business based off his popularity on Nairaland as someone who verifies properties for would-be clients. So, it would be disgraceful if he now lies for a living.

abuhusna1:
The man is a master fabricator of lies. Always telling a cooked up stories hence I dont take him serious

But isn't the man in the picture Nairaland's Omonilelawyer? When has he become a purveyor of cheap trends?

@IbeOkehie:

Regarding the waste management business, the profit or opportunities lie in recycling the waste into by-products and exporting them to buyers across the world. Many entrepreneurs are into this. Alternatively, this waste could be recycled into new raw materials for another round of production. A thriving company is WeCyclers founded by a returnee who studied at MIT Sloan School of Management. There are other similar businesses like this across the country. I watched a video by another returnee, also from the US, who hired a Big4 firm to conduct a business survey and he started his company. Demand outstrips supply.

His video:
https://www.youtube.com/watch?v=NigytVTHexU

yesloaded:
Some businesses don't requires your physical presence while some that does, they employ competent hands and monitor the activities from overseas

Someone's I don't go to the office for a full month travelling from one place to the other but never close down any of my 2 offices because I can't easily monitor the activities going on despite the fact that I sell physical products too

Interesting. Thank you for the response.

From the responses here as well as the thread above this one, it seems driving a car in Nigeria brings forth problems.

Everywhere problem upon problem simply because one drives a car. See the maltreatment a lad experience from policemen after returning from the gym? Although running away from the police is a dangerous thing to do anywhere.

Asaba is an Igbo city. The so-called SSA isn't an Igbo man. Okowa attested that he's Igbo, just as Ned Nwoko. Anything Igbo gives the average Nigerian a hard-on. To think that the previous thread stretched to 13 pages is worrisome.

There are way too many bitter and unemployed people on Nairaland. To even think that these people are in their mid-30s and early 40s is even more worrisome.

grandstar:
What thoughtless and insensitive policies of Tinubu are you complaining about?

When Buhari was destroying the economy from June 2015 was when you should have been screaming. Soludo, Lamido Sanusi and other economists had already seen the handwriting on the wall.

OBJ pleaded with Buhari not to seek re-election.in order to prevent where we are today.

When Buhari took office, 26% of government revenue was spent on debt servicing. By the time he left office, it was 97%. Imagine your salary is 100k, and you're left with 3k after servicing debt. Bubari had gone on an unsustainable borrowing spree in order to remain popular and because he was an stonewalled economicilliterate.

The net foreign reserves had only $4bn when Tinubu took office and the CBN was owing purchasers of forex $7bn. The net foreign reserves reserves refers to thecactual fx in the foreign reserves the central bank actually has access to and not the gross figure.

For context, $4bn isn't enough to cover 1 month worth of imports. A country is to have at least 4 months worth of imports cover. That's how bad it was, and to make it even worse, it was owing buyers $7bn. The severe fx scarcity led to the exit of Shoprite, GSK and other foreign companies out of Nigeria.

Soludo and Okonjo-Iweala have praised the reforms. Cardoso won the central bank award for Africa.

The net foreign reserves have grown $4bn to $40bn today, able to cover 8 months of imports.

Debt servicing now consumes less than 50% of government revenue and the sum keeps reducing. The economy is finally on the road to recovery after 8 disastrous years under Buhari.

It will take time to trickle down. It took Thailand 5 years to recover from the 1997 financial crisis. It took 6 Indonesia 6 years. The more debilitating an illness, the longer the recovery.

I agree that Tinubu's economic policies have been fair enough. The question still linger: why did those people including Obasanjo campaigned and voted for Buhari in 2015? Why? The entire mess was created by Buhari who Tinubu vigorously supported with his boys and voice.

Kinikini:
The economic hardship and the middle-class Japa affected all malls, but that was not the fatal blow that killed Shoprite. The Shoprite supply chain was not as flexible as the Nigerian-owned smaller malls. The smaller malls receive supplies from the small importers. They directly go to Lagos Island to buy and retail. Hence, they can sell at more pocket-friendly prices.
In addition, Shoprite management was not quick to respond to the antics of Nigerian workers. They lost much to in-house fraud. These are the reasons the SA guys exited Nigeria. The Nigerian owners have struggled to stabilise the business.

Not everything is about government policies. Our people actually kill businesses faster than government policies. Every business person in Nigeria will attest to this.

Our people kill businesses and cry that there is no employment.

That's why employing Indians or Lebanese to as managers for Nigerian businesses is the best. Another Nairalander attested to it. When time come, I know what to do. Even if it means employing an Indian(s) who hates Black people, I'm okay with it.

blacksam01:
You see oyinbo..., Fear them... If they sell you something, even if it's still looking healthy, trust me there is something going down about that thing u haven't seen yet...

When the owners of shop right announce it for sale, you will wonder what is wrong with them... Because as at then, it's malls were all very busy and bubbling with large crowd... But economics from their stables have
Let's watch as canal + is not a walk over also

I think this depends on the buyer's profile, rather than just the state of the economy. Tolaram bought over Diageo stake and increased the revenues. Asians are better off managing businesses in Nigeria. This one that Lebanese are purported to buy ShopRite, it's expect good news in the near future. Moreover, ShopRite has been failing in other African countries. That's not Tinubu's fault.

Walai:
They are our clients that relocated between 2015 - 2024. 50 is even a fair estimate for PH alone. Owerri, Warri and the baba of them all is Lagos.
They all Japa to Western countries majorly US, Canada, Australia, some to Germany and Switzerland for different reasons. Infact I know a US MIT trained Engr working in a major oil company then that was kidnapped twice in 6 months that left Nigeria with his family immediately.
If you have been in Nigeria, you should know what has been happening since 2015 and why they are leaving.

Chai! I can imagine the trauma he experienced. Na why I no too dey criticise folks who japa especially on security grounds.

Nigerians don't know the consequences of voting Buhari in 2015.

franchasofficia:
Even online vendors are struggling to stay in business now, only few are making it big compared to 8 years ago. Only content creators making people to laugh away their sorrows are the ones making good money online through Facebook, X, etc ad revenue sharing.

Jumia, Konga, etc are all struggling to make sales now compared with 8 to 9 years ago.
The issue is that the purchasing power of Nigerians have been reduced to the barest minimum. People are barely surviving in Nigeria. Inflation have wiped off Nigeria's Middleclass population, couple with mass unemployment, japa wave, etc

Wahala dey o.

But Nna, people are flexing on Instagram and TikTok! Parties are being held weekly. Where are they seeing this money?

P.S. Jumia should cease to exist. The model doesn't work in Nigeria.

Walai:
Due to the nature of my business, I can confirm at least 50 upper middle class families with huge purchasing power I did business with that left Port Harcourt alone. The ones in Lagos is countless.
ShopRite is an upper middle class business. They left and there's no one to buy. The iPhone girls and broke boys only go there to snap pictures and look for clients to hook up with.

I'm genuinely curious, these people that left Port Harcourt, where did the majority flee to? Those that left Lagos, to where please?

Why are they running?

Honestly, this is why every child, male or female, and especially females since they're easily impressionable with such gestures, should have strong and able male figures in their lives. Your father, brother and uncles should be the persons to sponsor you on such trips. Expecting a random man or your guy to do such without anything in return is very foolhardy.

If you really want to embark on such trips, work for your money and spoil yourself. Nigerian lasses in the UK do it, their counterparts in the US do the same, South African women do it, Caribbean women do the same. There is a nauseating entitlement culture amongst our people. I blame it on yanfu-yanfu petrodollars. That era has ended. People should learn to work for their money and spoil themselves without going about performing online bambambiala.

Men with such beards, how do they give head?