₦airaland Forum

secretz omo to dun, ereke lewa
wo sho ri enu awon okunrin yen kan dun ni
mo so fun eh ti oba wa si odo mi gbogbon nkan ti oun fe laiye eh lo ma ri
oni tun she ishey kan kan mo laiye yi
ma fi oju ati gbogbo ara mi toju eh
ma tun fun eh ni ibeji nitori awon dokita confirm wipe genes mi strong gan
odo dun ni mo ma ma paro moto eh
ma tun fun eh ni nkan ti awon oyinbo man pe ni black amex card

chamo u don kolo
nice one teacher.
hope say i no go collect slap when i practice dat in naij

kilo shey omo kekere yi
shey ofe ki wooo eh ni

emi ko ki so oro ju
iwo sha wo inu aiye mi ko wa mo nkan ti won ma pe ni aiye
gbogbo nkan ti mo ni ni mo ma fi toju eh
owo ati kini yen lopo lopo

who dash monkey banana
abi u want to snatch secretz from me again?

na wa oh

OK lets dissect it:
You have the following;
fund managers: Supposing one of the funds they are managing have managed to return a whopping increase of +40% value for the year then you'd expect them to get the million pound bonuses we hear about. Remember that some of these funds might be pension fund linked to nuff companies hence it being a high stake job and in return massive returns.

Wealth managers: If i'm managing a millions for the royal family and the value of d investment keeps getting an enormous yearly percentage increase then surely i'd be expected to earn enormous bonuses.

Hedge Fund Managers: These guys are usually the best brain in the business cos they know when to play the economy.

Traders: Have u experienced the pressure of whatching stock prices move up and down. I have and during the time i was heavily trading i used to sleep 4hrs a day. I have to follow the asia market which opens at 12.01am, european market which opens at 8am, US markets which opens at 2.30pm

Analysts:

I hope you know all these bonuses are linked to performance targets and because the job being a high risk career will always require enormous incentives

na wa 4 u oh.
oga gan

I actually disagree with above. Only the few finance guys that are lucky enough to work in big IB's can boast of the anomaly you are talking abt. Even at that the salary is not that disproportional. The bonuses are and that's always due to the number of deals they make for the company.

Do you know some lawyers that work for IB's actually earn more than the analysts and wealth managers?
My office is next to Slaughter & May and you should really come and see the kind of cars these guys drive et al

mo fe ba e soro ni

u r definitely right about that and they are just very lucky that they have nuff institutions that enable technology evolution.
They had still be the world most dominant economy come 2015 (read dis in evening standard yesterday)

Look at it this way, they do borrow money from china but will most probably sell technology to her.

dat basically explains it.
lack of visibility

Obama on Tonight Show urges students to study engineering, not finance

http://www.computerworld.com/s/article/9130129/Obama_on_i_Tonight_Show_i_urges_students_to_study_engineering_not_finance

ibo lo fe lo then?

now ti oti mo so pade mi ni YIM then ka lo so oro wa

money money money
dats the answer
finance guys help make the company grow bigger bigger and even more bigger
They help make the shareholders smiling
They have the very shrewd/rare knowledge of what and when to invest in.


As an engineer methinks the only way to compete is to invent something. James Dyson is just a common engineer like us but didn't accept the role of salaried worker.

Mr Gbeborun ni mi. O so fun mi wipe oti ba so ro. emi kan fe ba e soro ni

^^^
Where abt r u sef?
buzz me make we yarn

Finance is greatly overrated cos most of the platforms used to derive 'em figures are built by the engineers (tech guys)
I think people are generally driven towards finance (IB) cos of better salary prospect and this is so because of the stress and longer hours involved.
The question everyone should ask themselves is "should i go for money instead of good quality of working life"

^^^^
You are a bloody thief uwa/joshua or whatsoever.

Have we now ran out of thread headings
shior
who cares

U have to base your arguments on facts and figures.
Can you tell me how much a barrel of oil cost in the 80s?
can you tell me how much an ounce of gold cost in the 80s?
can you tell me how many barrels of oil was being produced daily in the 80s?
can you give me the inflation figures in the 80s?

Seriously dude, u need to understand all these things before you jump to conclusions.
10K of 80's is probably 100K of dis century due to inflation and the correlation between the price of oil/gold et al


I hope you know Soludo's muted devaluation of Naira wouldn't have guaranteed/improve our ailing economy. We have enough rot in the system that we need a major overhaul before we can get it right. Basics needs to be put in place and sentiments totally eradicated which by then should provide an avenue where corruption will be a thing of the past.

^^
my pastor told me i am going to marry a girl called missyB what do i know?

1. Our Legislators are the highest paid in the world for a developing nation, this is an anomaly that needs urgent correction.
Have you done a proper comparison on the value of pounds/dollars to the our megre Naira? Yes they are over-paid but i wouldn't go as far as using anomally.
An average house in the UK cost about £160K whilst an average house in Lag or abj will set u back something in the region of N50M

2. Our Central Bank was a able to find a phoney N600 billion to bail out banks that were not distressed in the first place.  Yet no Inflation.
Did you ever try to find out how that money was raised? I believe it was done through quantitaive easening

3. There is no reasons why it should not be implemented straight away except for the uproar it will cause, hence staggered implementation. To be sincere the earlier they get to that figure N200,000.00 the better. The 10 year I mentioned in my earlier post my be too late making the gains to be eroded by inflation
You still haven't explained how you came about the acceptable annual salary of N200k per annum. I expect you to show me some calculations i.e.
rent cost
feeding
transportation
education for children
security
Domestic bills

4. The reason why Abuja is the most expensive real estate city in Africa after Luanda is because u have about 600 people each armed with N40 million chasing scarce goods and services in the city. Not taking the ministers are other government officials into account .
Wrong. The reason why a place will be overpriced has something to do with demand and supply. Demand more than available supply

5. The country is a Rich and wealthy country. If one man can be found guilty of embezzling $580 Million dollars, God knows how many have got away with it we might as well add these huge sums of money lying about to our under paid workers to give them liveable wages.
You still haven't explain what yardstick you are using to measure how she is classified as been Rich and Wealthy. What's the GDP per capita? Do a comparative analysis of the like for like countries with similar population and resources to see if you will arrive at Nigerian being Rich and Wealthy

6. Since the Naira got devalued by 1,500% in the mid eighties wages have not being adjusted to reflect this devaluation.
Did we ever officialy devalue our currency?

@Plat
na wa oh
wounded tigress kinda  

@KnowAll,
Seriously what's your profession?
Are u making assumption that CPI & PPI will stay stagnant to be able to predict them kinda figures you are chuning out?
Do you know if we going to have negative growth or stagflation?

I suggest you go and read basic economics. Google is your friend remember.
Get informed

^^^^
dude, i have told u the OP doesn't know what he is ranting about

what yardstick are u using to measure her wealth?
what's the GDP per capita

d guy just dey pluck out figures from outter space jare.

can i kidnap u?

most def