₦airaland Forum

onyxo76:
You will need a lawyer to help you apply for a letter of administration from the court to take to the bank, the funds will now be moved into an estate account which can now be accessed by a would be signatory but its a process that can take a while, you will also pay 10 percent of the total amount in the accounts to the state treasury before the letter of administration is released to you

This.

The Letter of administration is the first step and a good lawyer will guide you through this. The procedure varies depending on the court jurisdiction but there may be requirements such as death certificate, death notice publications etc. It will be issued to his next of kin, presumably his wife, else somebody that has an affidavit to that effect. The Lawyer will make sure it is specific to the bank in question if you give him/her the account number. Probably also the balance.

With this, approach the bank to open an Estate account with his wife as the administrator. (it is better you get details of the account officer from any branch and once you have this, it is easier to have direct communication with this person). She might have to visit only once to sign/verify documents. Note: some banks require references (other account holders to open such) and she must have her own BVN.

The way the Estate account works is the main account will be closed and net proceeds transferred into this Estate account which the Wife csn now make withdrawals from etc. Any dividend mandates etc will alo point to this new account.

Is this thread populated by a human or a robot?

You did not see the request above?

threadstohn:
Part of our goals is to help you secure a better future at a very reasonable cost.

Try us today and be happy you did. For more information and enquiries, call/WhatsApp us on +2348068677558

Drop the Google map reference here.

ahiboilandgas:
I really don't know when u started investing but rate have gone down to 7 percent around 2015/2016......in the financial world they called it lazy man bussiness ....inflation 12 percent tb 12 percent ..infact their was a time fixed deposits was even higher bank are smart they set up nice buildings with suited staff to collect cheap or free deposits at 0 to 4 percent the dump at 12.5 in tb and bond use 2.5 percent as runing cost then net profit over 8 percent ,they not much affected by inflation cos the investing capital is almost free .....imagine some one giving u 100 m with the probability he will only withdraw 5 m in the whole year ..u fix it at 12.5...u generate 1250000 u pay him 5 m and earn 7.5 ....used 1.5m to run the bank ,bank makes 5 million...share holders are happy

I am with you bro even though I do have some investment in TB in a personal capacity. You speak a lot of sense and take a holistic view. Kudos.

Let's be honest, the reason we want the rates to be as high as feasible is personal selfishness - not necessarily a bad thing IMO.

The TBill rate however, represents the minimum risk-free rate for investments in Nigeria so all other lending rates are referenced to it. Lower Tbill rates bring down overall lending rates which can only help to stimulate the economy.

That, to me and this is personal, is a far better outcome than some additional zeroes in my bank account.

Also, the true test of the TBill arena as a 'market' implies a relationship between demand and pricing. When a lot of money is chasing risk-free TBills, the interest rate should continually trend down. At some point, some of that money would drop away and go look for more productive returns. A very good thing, everyone has a point to make this decision, not 'wail at the moon' of previous high TBill rates.

Currently, entrepreneurs are suffering. Jobs are not being created. It is not sustainable.

OnMyHonor:
That Ant infested Bed support is scary.
Indulge me, do you mean that someone used that for you or is it a joke of some sort?
Thanks.

Not just scary, downright fraudulent! I'm not usually in the country and try to put a lot of trust on young Nigerian entrepreneurs (emphasis on young, since they need the most helping hand) I meet online. Really shook my faith.

She's still advertising as an 'interior decorator' when she should be selling fish in the market (apologies to all fish sellers everywhere). I think I have a responsibility to put a stop to that.

OnMyHonor:
I just informed him now of what l; have done and sent him the link and he could not believe his eyes!
He was so delighted. It is very unusual that l stick my neck out for a Contractor/Worker but so far, two people have passed that test, one of them is this Man and the other is the man that supplied my Paint (Gbadexy).

Yes, on Gbadexy, I concur. There are other good ones here of course (and some absolute fraudsters! - see https://www.nairaland.com/3440249/decorate-interior-budget/4#78368006), but he's probably as best as any for the standard your man ought to be aspiring to.

OnMyHonor:
He is the one in Yellow T-Shirt, in the first Picture.
A young person that gets the job done

You have done a great thing. I hope the young man picks this baton you've laid out for him, and run with it, with integrity.

Respect ... to the instructors.

More ...

https://www.nairaland.com/3440249/decorate-interior-budget/4#78368006

In case anyone feels the need for a lie down.

Yes, FANTASY ... that's all you deliver.

I have no time for this, I'm not e-stalking you Madam. We're putting you out of business in the real world but I have to show this so no-one else here falls for your con.

MulticolourDeco:
We have new designs of beds from our partners.

Making its over 100 unique beds for you to choose from when you partner with us for your interior decoration.

Thank you

Deleted

zuraking:
Good morning all, Pls I need your contributions.

Which is more durable between aluminum roofing and abestos?

Asbestos? ... Don't you have Google?

It will distribute carcinogens that will shorten your life, and the lives of innocent people that come into the property

Who still uses Asbestos in this day and age?

Who is still allowed to sell it?

Look back at your upbringing bro, and you will know why.

Benblaq:
I can't stand being scammed.
I remembered being scammed when I went to buy a phone at Garrison PH, I nearly died of high blood pressure.

The truth is that, I can't hurt a human by scamming or tricking them, that's the main reason why I always get a heavy heart when it's being done to me.

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Where does this door lead to? Is it only for ghosts?

sonature1:
I think only dumb people will believe this report.
Atiku has been in Nigeria's political scene enough to understand that the Supreme Court cannot put the handover day on hold.
It's even funny when the US has to do it.
This was how the same newspaper 'authoritatively' reported that Atiku was in the US meanwhile he hadn't traveled to the US at the time.

When newspapers start peddling fake news, it just tells the sane minds one thing: avoid us!

It's not fake news bro.

https://www.opensecrets.org/news/2019/04/failed-nigerian-presidential-candidate-lobbying-u-s-to-recognize-him-as-authentic-president/


Opensecrets.org
The Center for Responsive Politics

Our Vision and Mission: Inform, Empower & Advocate
Nonpartisan, independent and nonprofit, the Center for Responsive Politics is the nation's premier research group tracking money in U.S. politics and its effect on elections and public policy. Our vision is for Americans to be empowered by access to clear and unbiased information about money’s role in politics and policy and to use that knowledge to strengthen our democracy. Our mission is to produce and disseminate peerless data and analysis on money in politics to inform and engage Americans, champion transparency, and expose disproportionate or undue influence on public policy.

ak22:
My advice for you is just, Sir do the all the necessary partitions before DPM, so that you won't blame your self in the nearest future. There is nothing like short cut in building

You have not attempted to answer the question, you've just put the fear of some terrible outcome in his mind.

This is the typical Naija penchant for discouraging enquiring minds. I can imagine how our kids have lost their curiosity and imagination. They grow up with silly mantras such as "Touch not my annointed", etc.

(Apologies to the questioner - I'm not comparing you to a kid!). I'm no civil engineer but let me try - I think because the load bearing columns are normally at the end of the partitions, and these are specified to work in conjunction with the lower foundation horizontal beams or blindings, the partitioning has to mimic this for proper transfer of load.

Perhaps also because it is easier to compact the filling material to a satisfactory level when contained in partitioned off areas rather than a wider area and future settlement is even.

Bluecollarguy:
To answer your question, I won't relocate my TB profits to a foreign country. As a business owner, my income varies, so I have drawn out a plan to ensure that at least N1m gets transferred to my Nigerian account every month, upon taking care of my mortgage and other monthly expenses. That's how I structure my life here....someone else may beg to differ, and I respect that!

Same here. Anyone looking to invest in Nigeria to support a lifestyle abroad is on a fool's errand.

- Nigerians send more than $22billion home each year.
- An international bank lending to an infrastructure project in Nigeria is looking at Libor + 600bps so 8% return minimum
- It also requires the currency to be hedged and guaranteed convertibility when it comes to repatriation
- It wants political risk insurance coverage and international arbitration.
- Again, Nigerians send more than $22billion home each year

You can see there is the screeching need for a Naira denominated Diaspora infrastructure bond (but FGN backed) that offers just north of T-Bill rates.

Has the Nigerian system been dumbed down to such a level you all above cannot apply some critical reasoning to distinguish 'fke' news from 'real'?

Is it on a facebook page that the Nigerian 'government' will annnounce such an initiative?

Have you ever heard of an 'Apex Council' in relation to the Nigerian Civil Service?

It does exist, but in Zimbabwe ...

https://news.pindula.co.zw/2019/03/14/civil-servants-who-have-served-10-years-can-now-import-one-car-duty-free/


Some mischevious 'neer-do-well' has strung all of you up and gloating at the result now. You all should know by now that there are many who don't mean well for our country.

fullblast:
Great prospect

Such a large compound ruined by interlock wahala. No green areas for plants, no trees. Ugly. Bad for the soul.

Think, Everywhere floods because there is nowhere for water to permeate the soil.

Your product you're selling is very defective, Chief. Improve the living environment first. Not just about pouring concrete and setting blocks.

missCAPS:
Would have been a victim of this... I'm forever greatful for an educated and a thoughtful dad. Keep resting in peace papa, I'll always love you.

Deep. I raise a glass to your Dad, and you.

frowland:
How to identify fake news?

You know. Just wait, another headline will shortly appear confirming he's not dead.

3 ... 2 ... 1

Dharniel:
You sound knowledgeable yet you still know nothing. God located lot and his family in Sodom and Gomorrah. Those aforementioned qualities you ascribed to Nigeria were also applicable to Sodom and Gomorrah. Yet God visited lot. So what are you saying.

Since you mention it, quick personal question on Sodom & Gomorrah if you don't mind Chief. I'm not mocking your beliefs, honest.

God destroyed the city after saving Lot and his family.

There were kids and babies in that city.

What do you think about that? Or, you don't think about that at all?

gypsey:
Yea, more brainwashed Goons I am not surprised. you people Always reffers me to your useless Fairytale bible written by white men.

You are also very Good in making derogatory remarks. when people don't Agree with your sentiments.

I agree that we can sometimes take the religious angle out of the equation but then you should also focus on humanity, compassion etc. I believe we had these before any religon came along, to formalize them as morals for living.

The woman lost her two kids, tried for another but was surprised to have triplets (she didn't plan it). She is joyous, and so are we for her.

Unless you're in a pretty dark place, what exactly should eat you up about this?

BluntBoy:
Some people's level of idiocy is staggering.

That beggar could be one of those who voted for Atiku. Thinking of the North as a monolith is a sort of staggering ignorance that pervades the South.

Then, as per denying beggars money because of differing choices, that is the height of stupidity and pettiness.

Recognize it for what it is bro, a 'coping mechanism', anything to compensate for the psychological trauma effected by the election results. As human beings, we evolved these defensive mechanisms over time to survive in the 'harsh' world - where things just don't make sense anymore.

It is very damaging and if these people don't seek professional help, whenever they step outside their echo chambered corners of Nairaland comprising their co-cheerleaders, it will insidously consume their lives and the lives of those around them.

The beggars will be alright. I'd rather be in their shoes.

desiji:
But to me that is just saying we should continue with the same status co, there are various VRAF system that dosen't need the heavy ones with 20HP. i Have a multisplit system that i will be installing soon with very low current usage and absolutely no surge because it is an inverter system.
Hope to shopcase that when installed. it is so efficient that when only one unit is used the split outside system reacts only to that and dosen't take the whole current as to if the three are used at once

I am researching the multisplit options as I also abhor the clutter. Trouble is, the original building design ought to have considered it in the first place and hidden ducts can be provided for. It is difficult to retrofit into a completed building.

Having said that, we'll get there someday, so I would appreciate recommendations on the best vendors for multisplits in Nigeria.

Thanks in advance.

jeff1607:
when he tried starting all over, he used a scale to get back to his feet and got an importing licence from the government just like that?


I am not understanding, well things were ok a bit then

This is the yawning gap in the story, thank you.

Whoever wrote it did the great man a disservice - what could have been a complete account of a stellar life to inspire othere can only now be placed alongside 'Alice in Wonderland' on the bookshelf section labelled 'Magic Tales'!

uche87:
Speaking through its convener - Dr Wilson Diriwari during a protest under the bad weather at 1:00pm (London time) at Nigerian High Commission in London, the group accuses Buhari of incumbent government of President Muhammadu Buhari is unleashing fear and terror on opponents from other parties.

The group cautioned the present government against taking the path of violence, anarchy and national unrest.

This, I don't just get. What impressions are you trying to cast in the minds of potential foreign investors visiting the embassy. Then, you will also complain there are no jobs.

Protest if you like, in good faith, no need to lie and talk down your own country for selfish reasons?

Frank J. Gaffney Jr. (born 5 April 1953) is an American anti-Muslim conspiracy theorist and the founder and president of the Center for Security Policy....

https://en.wikipedia.org/wiki/Frank_Gaffney


See who Nairaland mods are giving credibility and quoting?

To the owners and mods of this website, remember Rwanda while enjoying the money your links and clicks bring, perhaps until the conflagration you're fanning arrives. Then, every family for themselves.

gbadexy:
yes sir to both questions.
It's applied in mostly one coat and it's thick on wall.
28 drums would be required for the fence from the measurement given and I can supply it.

Thanks. I might need different colors for the main wall and the pillars/top slab.

OK, let's take it to email/WhatsApp. Kindly leave details.

gbadexy:
No problem with the measurement. I used 9 inch approximately for the height.
Do you intend to plaster it later.
It's possible to apply taroline on the bare surface without plastering. I've seen it done on fences.
If it would be plastered, use of textcoat would be reasonable to give balance between cost and durability.
If you want to use the taroline, I could recommend a painter that applies it for you.
You would buy the sharp sand and cement needed and the spraying machine, like 2 of it at 12k or thereabout and pay the painter per sqm for application. normally between N200 and N250 per sqm.
you could leave the taroline as it is or paint it after.
This is how the taroline looks painted. This was done on a plastered wall though.

Thanks. Sounds like it's easier to just get it plastered. Then paint with the textcoat? I presume you can supply the required quantities?

How many applications (coats) will suffice?

gbadexy:
Thank you for the consideration sir.
1. Does the fence surface include the outside also and if so, how many sides of the fence.
2. Has the fence been plastered or its just bare brick surface.
3. I got approximately 506 sqm for the total surface of the internal as shown in the picture with the measurement given.
I would be able to answer more after getting clearer response to my questions.

1. No, just the inside
2. Bare brick currently
3. I got about 493 sq.m assuming 10 coaches all round.