₦airaland Forum

amaridigital:
Women born in the 50's or earlier or worst in the 60's don't go around competing with their husbands in infidelity as it is common today.
We are talking about a period when polygamy was common.
Such women are also more industrious and bring real value into the table unlike the "I need to fill my gas" "I need to buy sanitary pads" kind of mofos we breed today.
The difference is that in the past there are very few Simpletons and "baby boys" among Nigerian men. Ladies must work in the farm before they eat not expect one dindirin to foot their bills in a restaurant.

If you're looking for such a woman, go back to the 1950's. Most of them were uneducated afterall. I hope you're not sending your daughters to school. What use is education to them when their role is in the kitchen, bedroom and market?

Many women today are holding up their families financially. Many are increasingly well educated and laeding prosperous personal and career lives. If you want a slave, say so and stop hiding under marriage.

The crap people elevate.
I wonder how his daughters see him.

Later, same cohort would come to abuse Nigerian ladies. I wonder if he'd be saying same if it was a caucasian he married.

abuhusna1:
Who would have thought Kemi once identified first as nigerian and asking nigeria community for support for her political campaign now she doesn't care about Nigeria and Nigerians.

She's pandering to her voting base. Been a while since she said something controversial.

The racist and self-hate threads NL puts on the front page. Such threads should be deleted not fronted

@Seun, @Mods
This is not proper

Cyberknight:
2023 elections? The rumours that went round that the government was going to convert all domiciliary account holdings into naira?

The domiciliary account issue did predate 2023. It was more of a problem towards the end of the last regime and that's unlikely to play a significant role here for quite obvious reasons.

The process of buying a property in the UK is fairly regulated with lawyers needed to ensure the sums originated from largely legitimate sources. Mention of Nigeria can be a red flag in many instances. Also Nigerian politicians have stolen for decades. I fail to see what happened in 2023 or through 2026 that would have caused that move. If it was just domiciliary funding, would that also have continued into 2024 and 2025, when our local markets were booming, the naira had gained relative stability and also appreciated against the dollar?

The underlying factors for this are quite clear. If you look at the remittances coming into Nigeria alone, that has gone up, just as the number of Nigerians going abroad has also increased. Looking at the sums that come through, it would not surprise me that this would happen.

Also like I said above, the actual numbers are not that huge. It's just about 600 and a good chunk of those would not have made a purchase yet. Even if you look at the wider picture, that time even coincides with the UK mortgage thread here on NL. Would you also say that most of Nigerians buying their personal houses in the UK are also doing that from domiciliary accounts? I know quite a few in this space and their stories are fairly similar.

Finally, why do you struggle to come to terms that Nigerians resident in the UK could have made these purchases? Is it that you think they should be unable to or are there other reasons?

WriterNig:
👍🏻Like for Russia-Putin, share for USA/Nazi/NATO 卍

I wonder how the @mods can allow such a post to stand. Are you glorifying NAZI ideology?

Cyberknight:
Interesting stats. One wonders if there's any way of parsing the stats to determine what percentage/number of the Nigerian citizen buy-to-letters are actually resident, perhaps recently arrived Nigerians with tales of hard grafting in the UK to build up savings and leverage them and what percentage/number are members/scions/affiliates of the politician class in Nigeria which has been evacuating its booty to foreign countries since time immemorial.

I did think about that but discounted it not being a significant factor due to the following reasons:

1. Following Brexit there was a significant rise in the number of Nigerians and Asians arriving in the UK, many of whom picked up decent paying roles in healthcare among others. The 2023-2025 period captured here does seem to rhyme with when a good number of such folks would have built enough stability locally to venture in. Though anecdotal, almost every Nigerian I know with a BTL company does fit this mould.

2. Eventhough being second seems like a huge thing here, the actual numbers do tell the true picture. It's just roughly 650 companies. Note that most of these companies have just been registered and perhaps would be subsequently closed down without making any purchase.

3. If we look at the remittances coming into Nigeria from the overseas diaspora, that has also significantly gone up of late. It's now over $20 billion annually. A good chunk of that comes from the UK, given the robust diaspora community we have there. Certainly the overseas remittances are not a fruit of stolen wealth from Nigeria, at least not directly. If you look at the total number of companies in 2 above and plot it out, then it's not surprising that a group that can send back such sums in remittances can also invest robustly. If black tax wasn't so significant, the numbers would have been more


4. I fail to see what significantly happened in 2023 that made Nigerian politicians more corrupt or made it easier for them to invest in the UK. They had been buying houses in the UK for decades even before the recent uptick. Hardly anything changed. There are no significant changes in Nigeria that'd account for such a steep rise

Updated data. Did discuss this here a while ago.


Indian nationals are leading the charge internationally, founding 684 new companies in the first half of the year, with more registered in Hillingdon than in any other Local Authority. Nigerian investors follow closely with 647 new incorporations, while Polish and Irish nationals also feature highly.

This shift reflects wider post-Brexit migration patterns. EU nationals now account for 49% of non-UK shareholders, down from 65% in 2016. Meanwhile, South Asian and African investors are stepping into the spotlight. The London market has long been an international one, but demand is steadily shifting into lower-value markets outside the capital, where growth in both house prices and rents has typically been strongest.

This year is closer than previous years. Who know, we might be number 1 soon.
Given the way this is counted, it definitely underestimates the numbers, as Nigerians who become citizens before acquiring BTLs would not be counted here. Also those who have rentals in their personal name (i.e. not via limited companies) would not be counted (to note, this cohort is becoming smaller). Finally I wonder if those on visas, who were initially counted but then ultimately become citizens, are still counted.

Ultimately I think most of the folks counted here as foreign will simply just be those on a visa or ILR, which makes it all the more impressive.

Lexusgs430:
Is the Home office and UK government, unnecessarily milking immigrants, during ILR process......

https://www.theguardian.com/uk-news/2026/sep/10/applicants-for-uk-citizenship-charged-more-than-five-times-the-admin-cost

At this stage, the whole visa process is an extortionate revenue generating scheme. The main advantage of the UK system is that the parameters are clearly laid out and its relatively quick.

Eitherway, we cry in peace. Afterall, Saudi Arabia does worse.

Good one. However upgrades on Nairaland need to go past changing the fonts and the background colour. As the biggest 9ja forum, things on here should be improved. For example, looking at Reddit or Qoura, there are lots of features that could be incorporated here.

Mcleo007:
People will still vote the fraud. His supporters move like members of a cult. Nothing he does, no matter how bad can deter them fronm supporting him. He is something like a messiah to them.

Sadly the reality manytimes. Trump becoming president has cemented that narrative.

Shocking video on Reform. I wonder if this would sink him or just be another scandal.


https://www.youtube.com/watch?v=aXut3s90rUI?si=HrvA3p_7UlIQ7jP3

AlphaTaikun:
Nicely put.

Matter-of-fact, to avoid getting your eyes gouged out by some of those Nigerian restaurants in the Diaspora, it's BETTER to order your food ingredients directly from Nigerian wholesale sources and ship over to the United States or Canada or make your purchases from cheaper Asian food stores in North America and Europe, then cook at home when you have enough time.

A guy here on an NL thread once posted last year how someone was offering the so-called "Abacha" for a ridiculous $60 per plate. He even attached the screenshot of that food with the price tag from an online source. Period.

The cost of food in a restaurant has little or nothing to do with the food but location and ambience.

Nigerian restaurants abroad are far from the most expensive. The much more expensive restaurants do not offer food cooked from heaven.
While I feel their prices could be a tad lower, what I worry more about is the dearth of proper Nigerian restaurants and lounges abroad.

highchief1:
go verify ur president credentials first.

What you're trying to do is called 'whataboutism' - look it up.

How did Obi Cubana make his money? Hope thie is not another KC luxury in the making.

I wonder what excuse Jerry Eze would give if things go south tomorrow.

If in certain positions, personal gifts should mainly be received from people whose wealth is verifiable

Equal2DeTask:
You mentioned Occupational Health earlier. With my background in Environmental Technology, would I be eligible to study an MSc in Occupational Health specifically, rather than only Occupational Health, Safety & Environmental Management?

I got the phrasing mixed. I meant occupational therapy (OT). Occupational health (OH) is more nuanced.

You'd need to go on the NHS job site and search the role. See the 'person specification' and then see if the course you're looking to study will grant you a pathway to that. Occupational Therapy just like many other healthcare roles is licenced/registered. The question is fulfilling the criteria to get a licence/reg.
As regards whether you'd be able to study it, again, it'd be based on the individual uni and their requirement.


OT search on NHS jobs
https://www.jobs.nhs.uk/candidate/search/results?searchFormType=main&keyword=Occupational%20therapist&language=en#

OH search
https://www.jobs.nhs.uk/candidate/search/results?keyword=Occupational%20Health&language=en

You'd notice some overlap in the listings

Anyone here that has done the so called smith's maneuver or cash damming?
Mainly about investing in a way that the interest on the loan is tax deductible

Stumbled across this a few times and still trying to practically understand it moreso if it can be used for investments overseas.

Equal2DeTask:
Okay thanks again Sir

If going for a masters in nursing make sure it's the programme where you can apply for a nursing licence afterwards and not just an academic masters. The former is not as widely done and quite pricey.

Equal2DeTask:
Are you saying that Occupational Health, Safety & Environmental Management, being a broader course, isn’t necessarily better and wouldn’t give me a good chance of securing an NHS-sponsored role?

I see... thought it was two different courses

To me, occupational health is the main thing there.

You could look on the NHS jobs site. There'd be loads of Occ health roles there. See what the educational criteria and what ratio is sponsored

4ever1:
Hello
I am having serious problems with hearing what the British are saying , I am really struggling and if this continues I might lose my job . The communication is broken since I hardly hear them , and I have been here for 11 months. I am scared there will be a serious problem

Hehe...
You can start by saying 'ehn?' as they ask us... No mind me... na joke I dey.

I'd say exppse yourself to lots of British media... discuss, shows, movies e.t.c... soon enough, u go sabi the different dialects

Goke7:
@the bolded, I think these are concerns that the stock exchange boss recently raised with the FG on a visit to the President, and they have promised to look into it. I hope they intervene soon to continue to attract FDI.

I see.. it it for local st0cks?


A Nigerian resident in Nigeria investing in an American st0ck would be subject to the 30% withholding tax on dividends but same Nigerian in the UK would pay 15% or 0%

cbn4main:
Guys,
I have gotten keys.
The process took four months.
I secured a Barclays 5 year fixed rate of 4.5% just before the Iran war.
I used an online MA and Conveyancer. They were so good.
Thanks guys for your help.

Well done and congrats...
Good news dey sweet

NewT123:
Congratulations to me and family!

We have finally collected the keys to our house. Thanks to Oga Lexus who made me realise that rent money is dead money. Thanks to everyone here that answered my question at one point or the other.

It’s not been an easy ride but it’s been worth it.

Congrats

Asoko80:
Hello Experts in the house I want to ask a few questions please I am above 40 and I have a daughter who is 20years old she is in a university can she open a LISA account while I fund the account with the intention of of buying us a home ?
does it mean it’s solely her name that would be on the property?I don’t mind anyways she is my child .
Kindly advise as obviously am an old lady who is not eligible to open such an account.
Thank you all .

Her name wouldn't have to be solely on the property. It could be a joint purchase with you and her

It's important to note she'd lose her fist time buyer advantage if she does that. I.e she'd pay higher stamp duty when she looks to get a place for her own.

Nice one... good thread.
Reminds me to do more travelling.. it's indeed education

Markets keep pushing up despite all the talk about the AI bubble and the crash being imminent. The thing sef tire me. The crash go dey brutal.

One of the major underrated advantages of being resident in the West is the cheap and easy access to global markets. For e.g, buying an S&P fvnd in the UK is quite cheap and will cost less than 0.1% in total fees. Also, dividends paid out would be tax-exempt if in a pension or limited to 15% if in an ISA.

I looked into local Nigerian platforms (e.g. Bamboo) and the fees were relatively extortionate. There's a 1.5% trading fee and also a platform fee which Bamboo or others might take. Dividend payouts are taxed at 30%. Over the longterm, all these would easily take upto 25% of gains just in the medium term.

Then there's the knowledge and accessibility which in Western nations is quite good with the average person having access to these products and reasonably good + regulated advice at their fingertips. In 9ja ponzi schemes still reign supreme. Perhaps, AI would help democraticise knowledge.

I'm an optimist and used to think most developing nations would catch up with time but when I see things like this I begin to wonder because wealth does compound. If in the West and you're not using these instruments then you're leaving a lot on the table.

Equal2DeTask:
First of all, thank you for your response. Would you rather recommend:

Occupational Health, Safety & Environmental Management?

For me I'll go with occupational health. I'll be basing this mainly on how easy it is to get a sponsored role after graduation. It's worth looking on the NHS jobs website to see how many vacancies there are for occupational health therapists, what the required qualifications are, and how many of those offer sponsorship.

cashmyles:
Hello all, Please, Ineed your sincere and candid opinion:
​I am currently working as a Care Assistant and actively looking to progress within the UK health and social care sector. I would love to connect with or hear from anyone who has successfully stepped up with progression in their roles.
Which qualifications, internal opportunities, or additional skill sets would you recommend focusing on first? Thank you in advance for your time and advice.

PS: I reside in England.

I know someone who was equally a carer and then got an HCA role with the NHS. She is now looking to go for a Master's in nursing. Alternatively, to wait for her ILR and then push for her Trust to train her as a nurse via the work-study route (i.e., still working part-time as an HCA at the Trust and then having your training as a nurse). Also more roles are opening up for nurses with advanced practitioners becoming more common.

Ultimately if looking to progress in healthcare, I'ld say getting into the NHS is a good start. Not just gives you good work experience but more importantly, helps you come across and network with people already in the system, which makes it much easier to explore different pathways.

justwise:
That is another interesting point, the quality of the house maybe questionable and that interest rate may go up before one finishes paying for the house.

On your other point...i haven't seen the link to any house they have to choose from,

I will be asking more questions though so as to get more details about the program

Regarding the interest rate it would be worth noting if the 9% quoted is fixed for the duration of the loan or variable, perhaps after an initial fixed term. If fixed then I will consider it as steal.

The FG will be doing lots of heavy lifting here. With the interest rates on government debt coming in at 15-20%, commercial rates will be well over 20% and even into the 30s. Being able to secure a loan at less than 10% in Nigeria is quite a good deal. It will take some time before the prevailing market rates come go that low. That's my main worry with this because if the FG stops providing the necessary backup then the interest rates might be ratcheted up quite a bit. Also 50 million would hardly get one anything this side in a good part of the country.

The houses are on the MRIEF website: https://housing.mreif.com.ng/properties/search
This might be the birth of the mortgage industry in Nigeria

Borrow2222:
You're absolutely right.

Don't listen to what they're saying nothing is working.

After you invest your money, one mad minister will embezzle the funds, or the government will introduce another policy that will render it useless.

Look at the refineries. They wasted $3B on them a few years ago and celebrated. Now the president is saying the same refineries will be upgraded again.

That means more funds will be borrowed to renovate them again.

Imagine if you had plans and truly believed the refineries were working, and you made provisions to invest in them. All your hopes would be shattered.

Don't invest anything for now in anything that has to do with the present Nigerian government.

There is no accountability and transparency in anything they're doing.

It’s your funds. Keep them until, by luck, we have a more transparent government.

This is a mortgage, not a direct investment.

Read the terms first and point out what part worries you

Equal2DeTask:
Please, I need some advice. I am currently considering pursuing an MSc programme in the UK. I studied Environmental Technology for my first degree, and I am considering either Health, Safety and Environment (HSE) or Waste Management.

Between the two, which would you recommend based on:

- Ease of studying
- Career prospects and salary
- Demand for jobs in the UK
- How easy it is to secure a job after completing the MSc?

I would really appreciate your advice.

It's good you're considering post-study employment prospects.

I'm not very confident in the employment prospects of those courses in today's market. Those in the field might throw better light. Is it possible for you to look at something in health with a dedicated/protected pathway to employment? For example, occupational health? I know someone who did her master's in occupational health and didn't have issues getting an NHS-sponsored role afterwards. In fact, she had two job offers and had to choose, whereas most people who did project management-related courses have been struggling to get a role.