₦airaland Forum

This is my take, i feel that it would be better to bring the child up in Africa at his/her formative ages, once he attains age 17 or 18 years send him back to the West. That way he/she would appreciate what you have done as a father or mother.

etrange:
I've had this argument several times. Our pride is all we've got going for us as Africans but we should know when to draw the line. You want to send a child to Africa at his formative age knowing fully well that that's exactly when he needs to be enjoying all the western world has to offer? Foundations are laid in secondary schools, don't let your child miss out on that. Americans are known for inventions while Nigerians are known for scamming. Stereotyping is wrong cause we have both good and bad people everywhere but think about it, are kids really better of in a country like this? I don't think. I think a kid that will be good will be good regardless of where he's raised.

@ Bros me thinks that is a good deal. Yes if may be good to start with 8% , but 10% is even better. Though i have had my fingers burnt, infact i invest without getting 1% self. tenant is paying 750k rent , mortgage is 1.25M really hard.

emmanuelewumi:
Where will you get a property that will give you 10%. The highest is 7.5% to 8%.

As time goes on, the rent will increase

Guys i want to make a proposal, if una no go mind. I am thinking we should have a monthly chat meeting of 45mins on investing and strategy to grow wealth. I know we have been sharing a lot on the forum. I am just thinking we can put this together. Just like Pattio gang . we can have T-bills nairaland Gang. It would be once in a month meetings, It would be zoom meeting. We can make it Saturday night ( Afternoon my time in Canada). Let me know what you guys think.

Good Point, any rental property that can not give 10% income is not worth, i also agree this property is over hype and inflated.

DigitalMallam:
Did you say one bedroom?
How much will 3 or 4 bedroom go for?
The Naira has has become so worthless if a block of 1bdrm is going for approx 20m in Ikeja.
What will now be the rental income, will they now pay 2m per annum for a 1bdrm apartment?

Make sense

emmanuelewumi:
I do my real estate valuation multiplying the rental income by 15 to 20.

Definitely a property in the village will give you a zero rental income, so I will value at zero

Thanks my sister or brother, people keep talking about dollars, my question is do we spend dollars in nigeria? I have dollars in uptown and i spend dollars there i can not come and spend naira in U.S or canada . so i no really send i have decided to split my invesment naira and dollars. once i allocate my naira invesment in nigeria it never comes back US or canada.

NL1960:
Gbam.

Same with me. I earn in Naira with all my expenses in Naira. So why should i bother myself with hoarding forex?.

And are do u know 80 people were killed mr trouble marker

hammer3:
WHICH BLACK NATION?



NIGERIA!




LEAVE PEOPLE TO SLEEP AT TOLL GATE UNTIL BUHARI SPEECH, THEY WENT AND MURDERED 80 PEOPLE THERE.



THIS DAMAGE IS NOTHING, WE CAN REBUILD THEM, EVEN BETTER, BUT THE LIVES LOST CANNOT BE REPLACED.

Please stop this tribal utterances for the interest of peace

SLAP44:
Northerners are always happy to see massive destruction in the south. They have been online floating many threads to mock the south about a destruction they started when they sent hoodlums to disrupt the protest.

We must have the names of the commander and the shooters at Lekki toll gate.

The south should beware of the north.

Region is the biggest problem with Nigeria. I can not really say much.

Why are u going with Lufthansa they are not approved

Pinky:
Has anyone tried booking a flight from Canada to Lagos? Even though Nigeria government says Lufthansa isn't allowed to fly in, during booking on Air Canada website, i keep getting flight options to be operated by Lufthansa. Has anyone come across this as it's all totally confusing.

i had sent them a an email regarding the travel emergency and they responded they are closed. So this looks dicey i want to buy ticket but i am confused.

SeraSera:
Feel free to ask me anything here.

what i av is PR .

Sterope:
If you have another valid passport. You can

Please can i inbox you, let i need some details.

SeraSera:
Yes

My brother have you applied for it before?

SeraSera:
They're closed for passport renewals, but you can apply for emergency travel certificate through the mail. They'll process it and mail it to your address.

Follow the instructions here: https://nigeriahcottawa.ca/citizen-services/emergency-travel-certificates

My brother they closed till further notice. I want to buy my ticket now but I am scared

SeraSera:
You can apply for an emergency travel certificate from the Nigeria High Commission in Canada 2-3 weeks before you travel

My brother we are the same boat, I need to travel to lagos in December my passport expired in April I am not sure what to do coz the Nigerian embassy in Canada is closed. Can one travel with expired passport ?

omoyankee3:
Wonder why the Nigerian embassy in Atlanta is still closed when airports are opened for flights. Need to renew my passport to visit naija.

What of airline.

TransAtlanticEx:
Usually they will just beg/threaten/extort for money,just hold like $100 for your body,no time
When you come renew your passport for here.

You sure immigration no go disturb me

TransAtlanticEx:
I think so too,he still have like 2 months to go and I also know covid19 will be the perfect excuse for him.
Or he can just renew when he gets here.

Chai which airlines my sister oh na wa.

AngelicBeing:
l think 6months is the standard immigration policy / rules regarding passport status, some airlines will not board you with expired passport

I be PR holder of Canada.

TransAtlanticEx:
Your immigration status matters a lot in this case.
You should start by telling us that so we know how to advise you.
Make you to come here to go back come be problem,unless of course you want follow me dey go sell tomatoes from market to market lol.

Guys i apologize for digress from the main topic, but please help me.

I need your honest opinion whats the implication of traveling with an expired passport. I want to travel in December, from Canada to Nigeria. Was supposed to travel in April note my passport expired end of April, but covid came now the Nigerian embassy are virtually closed, with minimal activities.

Guys I need your honest opinion whats the implication of traveling with an expired passport. I want to travel in December, from Canada to Nigeria. Was supposed to travel in April, but covid came now the Nigerian embassy are virtually closed, with minimal activities.

And if i may ask who are the rats and reptiles? Your statement speaks volumes of who you are? Yeye dey smell

gaeul:
See what Treasury bills thread has been reduced to...When a house is abandoned...Rat and reptiles take over....I pray rates get better soonest...so this thread can come alive again

Na to enter Abuja, i know mind bungalow.

emmanuelewumi:
With your N500 million Networth you will probably be a tenant at Banana Island, but with a N200 million Networth in Ikorodu all eyes will be on you.

Supported.

Donbrig:
Exactly. That is why it is safer to live in one bedroom flat in Ikoyi than live in a palacial mansion in Ikorodu.

Bros i see the point were u are talking from now. Don't let's not turn this to another argument, i disagree to agree. I conclude by stating this seek first to understand than to be understood.

DexterousOne:
Three things

Even me dont feel at home as such here in Nigeria
As the foolishness that abound in this space is too toxic for me

Second, I already have a handful of relatives who have taken this stance over the decades and they are not missing anything whatsoever

And my parental upbringing also has a lot to do with how I view life, such as your upbringing also to an extent shape the way you see life

My parents kept our contact to the south eastern state where I hail from as minimal as possible and gave us the free hand to make the choices we want to make
For example
While growing up, I know of my peers who were forced to choose schools in the east so that they can "connect with home" and also "maybe find a spouse while there"
Other methods similar to these also abound, but that was not the case with us, so we cant really relate to the whole "obsession about home "

Even now, decades after, as an adult, that has still stuck with me. Not many of my peers were that lucky to have liberal parenta like myself

That's why I understand the comments some of you make. It's a function of your experience and upbringing

That said, making a permanent move is what I'm working assiduously towards.....
Once my figure hits, na bye bye


That said
I think the experiences we have PLUS the upbringing we had and what we were surrounded with plays no small role in how our perception to life in many dimensions is shaped

Understanding the above is not the strong suit of many Africans tho

Thank my sister or brother

noobs123:
Lol I believe your orientation will change when you go and live there permanently. It’s easier said from Nigeria..

Bro what part of the western part are u resident in. I just dey ask o. I mean no offence.

DexterousOne:
Like I said
That's fine, if that rocks your boat

I av a clear understanding of what I want to project to them. A river that forgets its source hmmm it would dry up one day.

DexterousOne:
Okay
If that rocks your boat

But as for me
My descendants have no business with Nigeria

That is your fathers country of origin
Full stop
Be out there
And be yourselves

The idea is not making them settle in Nigeria, the idea is reminding them of thier roots. Besides it would save me the d headache of coming to visit them always. In extreme weathers.

DexterousOne:
At some point
Typical African parents have to realise that the kids have their own lives to live, and decisions to make
Its happens, but is not very common to see kids born abroad who would see Nigeria as home, and a place they want to stay long term.

For some who do, just one traumatic/unsavory experience is enough to change their minds

Hmmm,

ahiboilandgas:
i cant tell if he didnt plan well , he has a total of 42 apartments within Lagos ,ibadan,ilesha

Well said you spoke my mind. That's why I av adopted the 30-30-40 rule. My expenses after collecting my pay package for Canada 30 percent, investment for Nigeria 30 percent , then 40 percent on investment in Canada. Incase any thing my life is secured by Gods grace .

TotoNaRubber:
Exactly, they get to realize at old age, that is why the age of 18 is the point of no return, any individual of color will always feel at home in Nigeria with the basic resources in place.

The Indians do these things all time on the basis of "arranged marriage" for their children when the children are ripe and it works 8 out 10. The problem in diaspora is the woman takes advantage of the man at the last minute and claims all he has ever worked for, that is why we advise our brothers living with their wives in diaspora not to own any house overthere rather to build houses in choice locations in naija and rent it out. The whole feminist thing is a thing of pride in diaspora, so men are advised to build a life for their kids outside that environment as a safe haven.

The kids born in Lagos are already home, Lagos is a centre for excellence with money, in diaspora a woman can ask you to leave the house at the age of 70, in the city of NewYork so many Africans are sleeping in the streets due to these, when they tell you the good life they had prior you will be amazed, you can't really blame some of those ones cos some don't have direct Ancestrtal parents and then the loop goes on and on. Time to start preaching these things.