₦airaland Forum

awesomeJ:
The point is comparing the returns between holding idle dollars for speculative purposes for 7 years versus holding naira assets in thesame period.

Also 20% per annum yield on naira assets isn't that far off. Tbill yields through2019 we're at about 22%, commercial papers, bonds stocks etc are other options TRANSCORP did close to 1000%
last year alone, so 20% is actually conservative.

I don't see this as an argument to be had. It's not a direct comparison.

In investing, I first of all pick a strong market before then seeking strong players. The point being missed is that the continued and predictable devaluation of the naira over decades has already gives folks invested in strong currencies a headstart.

Very few investors outperform the index they are invested in. I'm not cherry picking stocks as I can walk into any market and pick a stock that has done 10x even when the market is languishing. The comparison shd be- would 1 million invested in Nigerian stocks via an index (if it exists) in say 2017 have outperformed same amount invested in the S&P or global index in 2017 and left till date?

In other news.. UCLAN looking to cut 5% of its workforce.
https://www.bbc.co.uk/news/uk-england-lancashire-68744810

This government or the next needs to look at raising uni fees which has remained at £9,250 since 2017 to better support unis. I wonder why local uni fees (like most other things) does not rise with inflation.

teeebest:
Mortgage Advice.

Hello Elders, we are on tier 4 presently. Our visas will expire next month. My wife and I both work with the NHS and we are expecting our COS any time soon. We clocked two years in the UK in February and we started viewing properties in our area.

We maxed out our savings with moneybox. We recently saw a property we love and started the process with a moneybox mortgage adviser. He sent us this qoute:
• The lender is Skipton Building Society
* The mortgage loan amount is £126,000
* The rate is fixed for 2 years @ 6.19%
* There is no lender arrangement fee to pay
* The mortgage term is 25 years
* The mortgage is on a repayment basis
* Your monthly mortgage repayments are £825.66

Is this reasonable or we should wait and switch our visa to Tier 2(probably this month end/early May) and retry if we can get a better offer/rate please?

This is rather steep

First is your mortgage advisor able to search the whole market or just a select lenders? They should tell you this.

Secondly, the two main issues which affect your mortgage rate outside the Bank of England base rate (which you dont control), are your LTV (what percentage cash you have) and your term (fixed, variable e.t.c)
BOE rates are likely to fall over the coming years. At the max of rates hikes, 6% was considered steep. If locking in now, I'd target much lower

Many folks on visas use Barclays. Even their 90% ltv is well below 6%
https://www.barclays.co.uk/mortgages/fixed-rate-mortgage/

On a wider note, as a first time buyer, you have the advantage of not paying stamp duty in most cases plus help to buy bonus. The advice is usually to buy asap but this may not fit everyone. If your rent is reasonably priced, and you're both in stable jobs, sometimes waiting a bit to build your deposit so you can go for a good house in a nice area with good prospects for capital appreciation. In every town, there are parts to avoid and no need buying only to start planning a move in 1-2yrs. Reason I say this is because a mortgage of 126,000 (except you have a good deposit) is unlikely to give you a good place in most parts of the country.

Meogom:
So there's this stuff people at my work place claim, about £140 pounds tax relief for washing your uniform, they said I could apply for it too. I've gone through it and I tick all the boxes, but I don't know if it's public fund and if I'm entitled to it. Make 140 quid no go purge belle. Please does anyone know about it and am I safe to go ahead with it.
Note: I'm on skilled worker dependent visa

It's not public funds

awesomeJ:
Some people think the fact that we're using FPI money is an issue. The fact is dollars will always flow into the economy, but it's better to get them in at #1000 instead of at #2000.

Remittances for instance regardless of exchange rate, at least $20bn will still flow in.

If they're exchanged at #1000, money supply grows by 20trn, if at #2500, it grows by 50trn,

So while we may expend $1bn on interests and capital gains to FPIs, we're saving 30trn in excess money that would have added huge inflationary pressures.

Also, with naira assets looking more attractive, there's a significant decrease in thirst for using USD as a store of values by resident Nigerians, this is driving down demand for USD, and perhaps increasing supply with some individuals now incentivised to sell off their USD positions and make better returns on naira assets.

I agree with your last paragraph in addition to the hidden fact that the recent UK immigration change has resulted in a significant reduction in the number of students going for masters abd hence less chase for forex.

However, the first section on FPIs and money supply is convoluted. The CBN printed (i.e increased our money supply) by over 50 trillion in the last few years. Was this done due to increased forex inflow?

awesomeJ:
20% compounded over 5 years = 358%.
Those who kept their 520 dollar in 2017 and waited till 2024 can now sell at 1100 only 212%.

As long as your dollar is lying idle, speculation will always underperform.

You're comparing apples to oranges

What local investment instruments would have given a reasonably safe 20% yield between 2017 and 2024?

What would be the return today if that dollar converted in 2017 was invested in the S&P or a global index?

Have you seen what Argentina' interest rate is? Argument could be made to move all investments to Argentinian Peso

LordAdam16:
You make valid points.
But there are reasons to treat this differently.

.....
The Germans check that box. The only other folks I'll call for this are the Americans, Japanese, or South Koreans.

....
As to the details of the loan.
The loan is provided by the world's largest national developmental bank.
Rates are typically single-digit. The EU has some of the lowest rates on the planet.
As regards a default, the Europeans have a long history of being open to debt reconstruction and relief.

Will we have gotten a better deal from China. Absolutely.
That does not make this a bad deal.
Some could argue diversifying our loan base is the smart thing to do.

I see your point many are valid. We should be able to scrutinise this deal in same way Germany has been advising us to scrutinise our loans from china. Afterall, this is over 50% in obe tranche

Few things I'd note are:

1. Stable electricity generation and distribution is no longer the exclusive preserve of a few nations. It's the norm out there. We could leverage the widely held knowledge by a lot ofvnations to build our capacity.

2. Secondly, its one thing to have a technology and another to want to truly help others with it. Britain was a forerunner in rail technology and has very well interconnected cities. Aside tracks built during the colonial era which were for the main purpose of transporting cheap raw materials to the coast for export to UK, how has Britain been of help in boosting rail infrastructure in former colonies?

3. Before we start singing the praise of the Europeans, lets get concrete details of the loan first. We know the Chinese loans were given at circa 3% and have been responsible for most of our federal infrastructure spend over the last decade. No need to hurry.We have over 400 years of interaction with the Europeans. Lets get facts first.

4. With all the excess money flushing around, asides a very few examples, I'm yet to see a concrete example of a nation developing another. We live in an increasingly capitalist society. Everyone is concerned about milking human and capital resources of another for cheap. We need to approach world powers knowing there's little benevolence out there.

Nobody is talking about 'German' loan trap now like they would if it was China. Is this not a direct copy of what the Chinese are doing in Africa? - Something western nations including Germany have criticised them for.
$2.3 loan from Germany to be given to a German company. This is over half of all we've borrowed from China since 2007 bring taken out at once


In addition, what are the nitty-gritties of this loan
What's the loan interest rate and how competitive is it?
How much would a similar project have have cost if the bidding process was open?
What are the restrictive covenants in place e.g if Nigeria can't pay back.

Badmashiii:
Bro no where in my comment where i said otherwise. Humans are all the same everywhere that is an undisputed fact.

I.e the traits you see that make you insult your women are also present worldwide.

There is no culture with good men and bad women or vice versa

Badmashiii:
From your comment,i know you belong to the vagina crew.

The best thing for men is don't marry at all or bring over a naija girl overseas.

Dude... humans all over the world are the same.

FYI, the divorce rate in Western nations is between 40- 50%. The chances of divorce are likely higher with a white person who sees divorce as normal. Understand the culture over there. Even if you become homosexual, the divorce rates are still high.

ReesheesuKnack:
From my experience, your HR is being unreasonable (if indeed they are asking for a Right to Work Share code at this stage).

....

I doubt there's a negative intent here rather just a HR naive on visa issues as you'd find many employers. Asides experienced HR staff in large NHS Trusts (who do lots of international employment), I have found many other HR staff (and public in general) largely ignorant on visa issues. The HR is likely following a tickbox. I have had to guide HR staff thru some of the visa rules in the past.

IMO, a quick email stating he needs a BRP to generate a share code and can only be issued a BRP after arrival should suffice.

Lexusgs430:
Send your insurance company a letter detailing everything + highlighting your change of address etc etc

Also request a deadlock letter on their position and inform them you would be escalating this incident to the financial ombudsman.......

Sit down and wait ........😀

Thanks... not that the insurance was cheap. Thinking in line of a formal complaint before further escalation if need be. Sent them a straight-worded message yesterday. They agreed I could change the v5c address myself and send the updated one to them (sounds awkward) and they have taken a note for the relevant team to look into it. Annoyingly, its online only hence you can’t speak to anyone except when making a new claim.

Lordbinsmar:
Life is not cheap in Nigeria ooo, to be realistic.

Some times I just sit down and look back at life.

When I was in Nigeria, I was spending more than 40 percent of my earnings on food. Not to talk of rent, electricity and other things.

In Europe I am able to save more than 60 percent of my earnings every month.

It's easier to save money in Europe than Nigeria if you are very disciplined.

I don't understand where people get the notion that life is cheaper in Nigeria than western world, Europe to be precise.

During pdp's regime maybe that was possible, but for this apc demonic government naaa lie ooo

Its ignorance of mainly using price of items in the UK/EU and converting it to naira to define whats 'cheaper'.

Someone once started the argument regarding food using the price of Coke and I had to demonstrate to him that food is at least 10x cheaper in the UK than Nigeria.

When compared to Nigeria, the only essentials more expensive in the West are labour (for good reason as it benefits all) and accomodation. Others like food, holidays/entertainment, education (ouside the U.S), security, cars, electronics, health are way 'cheaper' (i.e. affordable over there)

Next is to tell you how they 'enjoy' the rampant poverty in Nigeria. By enjoyment, they mean being able to hire domestic staff for peanuts, break the law at will, sleep with hapless hungry girls for indomie, slave other peoples children in the name of houseboy e.t.c

@house... seeking advice here.

Wondering if anyone has been involved in something similar and how they sorted it.

Got a pending insurance claim with Marshmallow (2nd post abt them today). They asked for v5c and other docs which I supplied.
Recently moved and changed my addresses including my driving licence and that on my policy (paid the admin fee), however totally forgot the v5c.

They came back and said the underwriters said I have to pay an extra prenium of £286 due to 'an issue' with my address. After enquiry, it's the v5c which bears my old address. I find this rather annoying as that had no bearing on my insurance prenium or cost in the first place and it was correct at the point of taking on the insurance. I am not in the mood to pay that extra and seeking means of resolution.

I also set up a royal mail redirection service just incase I missed any address change and I've been there a number of times to check so should have any mail sat there.

Nemie:
Thanks for your contribution. I really didn't know it was possible to get a discount on a new build. I'd always thought the best case scenario was a discount or some incentives as I understand that accepting a lower value may influence the valuation of other properties in the development. Would be useful to hear from others as well, so future buyers go into the market better armed and batter equipped with useful insight

It depends on a number of factors. As deept said, a developer wouldn't want word spreading around that they reduce prices left and right. When you visit a site, see the plan, built and unsold houses, you get a feel of how their market is moving. Take note of the finished but unsold properties. They've marketed this ones for months at least with no success. They get very uneasy with those and with the right market situation, you'd push something off. Some might give 'discounts' but take out a few essentials so be cautious. Some might give cashback which can mainly be used for home improvements at exorbitant rates. Ultimately, after searching for a while, you'd knkw what the fair price is in your area. If you see one that suits and have the means, just crack on.

One thing I forgot to add is the sector of the market you're buying. With higher interest rates, I've noticed it's easier to get more discounts for higher priced houses. The cutoff differs from place to place. In mine, it is abt 300k. Last yr, even with new builds- fairly priced houses below this level were still selling. Above that level, the mortgage repayment gets steep , you have less 'first time' buyers hence more experience and tact. On my site even with the slow down last year, the few houses below 300 were snapped off (many off plan). Those between 300-450 took a while but now mainly sold. A good number above 700 have been sitying empty for over 6m. The devs would definitely be discounting those for the right client.

Recipe for chronic back pain

ednut1:
I see a lot nairalander fantasizing about being hot cake abroad when they haven’t been there. The truth is women there are only interested in 20% of men. If you are not good looking, tall, with good job and swag. Nothing for you o. In Nigeria you could use your 3k or indomie and egg to get babes. But for abroad the babes are equally working so your money has to be long to entice them. 🤣🤣

Hehe...
Reason why I laugh when I hear men who have never left Nigeria abuse Nigerian women to form 'alpha'.
I had to make a thread ( https://www.nairaland.com/6146771/nigerian-men-abroad-coming-home ) on it and like I said there, regarding stuvs, the best place to be a Nigerian man is in Nigeria.

Bottom line is human beings have similar traits world over. For evolutionary reasons female species are drawn to mates who have coverted characteristics in their community. Thats how species get 'better' with time. As a Nigerian man immigrating into the west, what are your qualities that are coveted by your new community?

Gloriouscrown:
Hi Jedisco, do you mean you can bid on a new build that is off plan?

Off plan is a bit different as it should be discounted. You could still negotiate the price + additions but also importantly should know your safeguards. E.g how big is the developer and whats their trackrecord, who's the site manager and what's his/her track record. There are also risk of delays, bankruptcy e.t.c. Your solicitor should be able to giude you on the worst case scenario and what you stand to lose should that occur.


I know a colleague who bought off plan in 19/20. His was one of the first to be built on the site and the devs were keen to get things going. It also helps them with marketing if other customers turn up at a new site and they inform them x number of properties have already been sold.
He went for a choice plot among the options available, they gave a little discount. By the time it was build complete, similar houses were already 20k above what he paid. Covid then happened and the aftermath house boom added another 50k to his property.

Lexusgs430:
[/b]


The beauty of using both options, wins on all fronts...... I have 3 managed accounts and multiple personally managed funds, consisting of ETF's, CFD's, indices, individual shares, commodities etc etc ........ The best time to be in the market........😜😂

Don't also forget, the fees paid .... Comes from within the profits generated........ Win Win......😀

Hehe... markets seems strong across board. Stocks, commodities (gold) even crypto. Many are already pricing in an interest rate cut later this yr. Even real estate has began to pick up. Next yr seems up only mode. Hopefully no surprises/black swans

Nemie:
Hi all. For everyone who has completed on a new build, can you share what freebies you were able to snatch up. I am aware that developers can be quite generous if you ask, but not everyone is even aware that you can get some extras for free. It would be good if you can share from your experience what was added on top as a reference point for others who may be towing the same path. Sorry if this has been covered before.

There are a number of considerations.

1. Most builders would close their quaterly or annual financial books at certain times in the year. The period before this is when they look to get certain deals over the line to boost numbers they give to their shareholders. They are most ammenable to discounts in good time before this period esp if they've had low sales.

2. A trick I learned from trading. When bidding, I tend to go between whole numbers. I believe most buyers and developers would have a minimum or maximum. If another bids 200 and you bid 201, all things being equal, you're more likely to be accepted. Same also, a dev set not to go below 250 might accept 247 as it doesn't make sense to lose such a sale for 3k

3. Market and individual factors. Certain times (e.g last year) in the market are much better to undercut sellers . With rising rates + doom and gloom, most became desperate. Also, if a property has been fully built and unsold, the devs are itchy to sell as first too many empty houses doesn't look good to other prospective buyers and the devs also pay council tax on uninhabited properties. The caveat is that sometimes the built properties sitting unsold could be due to certain factors e.g garage, driveway e.t.c


I'd give an example with my purchase. Was in the market last year. After looking around, settled for a 3 bed detached and later new build. Surveyed new builds in my area. Many were built in the usual monotonous and clumped up fashion but one stood out. It was by a local dev, smaller site, well built and spaced but came at a good price prenium. Property type I had in mind was on the market for £395k. I wanted certain other essentials e.g flat garden which wasn't north facing e.t.c. and narrowed down on 3. 1st quarter of last yr, all other devs reduced their prices but these folks didn't. The max I could go was 350 and I felt it was worth that (had been searching for over a yr). When I came, it was clear they weren't selling as much as a good number were almost build complete. They soon cut price down to 375k (+ 10k cash deposit contribution). Around same time, BOE raised rates by 0.5 (highest jump over the last hike period) and panic hit the market.
I put a bid of 350k (plus contribution) . They declined offering either 370 with nothing else or 375 with a lower flooring package. Within a week of the reduction, 2 out of 3 houses I had my eye on had been snapped up. I thought of a 355 bid (my max was 360) but due to point 2, decided to make it 358 and requested they add a better flooring plan and garden turf. Made it sound like it was my final offer. It was accepted.
It's worth nothing that after a while, they finally reduced the selling price of other 3 beds to 350k (without contribution i.e 360k) but that was for a few left with some 'issues' e g separate garage, next to HA/Council properties e.t.c. I would have paid the prenium to be in my current place even if I had known.

profemebee:
Signed sealed and delivered....

New build .. 12% deposit.. Barclays..

Thanks to everyoneeeeeeeeeeeee.. especially Lexus, Ticha, justwise, LagosismyHome, Deept, Estroller, Stevepop, Mohtunrahyor, Santa2, Zahra29, Solumtoya, Jedisco, Peerielass, bigtt76, newbie715, etc

I hope i didn't forget anyone...

Rent money isn't dead money tho....

Have a blessed day

Big congrats... A major hurdle to cross

Tomitomeroo:
Good day People,

Is it compulsory to Notarize POF, I am in the UK and i am getting a gift deed from Nigeria from a family member.

Also, Does IRCC still accept Upfront Medicals.

Thanks in Advance

Did mine from the UK and submitted my bank statement. Didn't notarize.

There's been some changes with upfront medicals. I waited for an invite

Jorussia:
Which security arrangements do you need to travel to Nigeria?I hosted two persons from UK and europe in January and February this year,we never needed security to move around.What accent are your children speaking that is strange? I reside in Benin City and people coming from abroad is not a big deal to us.I only agree with the problem of people wanting financial help due to the current economic situation in the country.

Generally,most Nigerians in the UK are broke.
The UK is overrated and I don't see anything special in that country.If you want enjoy abroad go US or Australia.

When I travel, there is little in Abj or Lag that I'd not see much better of elsewhere hence they do not interest me. I want to experience culture, visit the village move and walk freely.
Sadly it takes alot of calculations to visit, stay in and enjoy village festivities. Even if u wan rough am, it's even your family that'd be warning you against visiting giving good examples of what happened to others.
We know how the KD-Abj road has had issues for a while. How do nothern folks fare- the on and off train or flying to non-existent airports.
You mention Benin- I remember the last time I traversed the Benin-Lokoja road and ended up being robbed.

I agree, the UK is broke. But there are not more than 5 large countries with more wealth per capita than the UK. What's more remarkable is the relatively more equitable way it's wealth is distributed among her citizens

ReesheesuKnack:
Is it the much maligned ‘West’ that is responsible for Nigeria using NGN 90,000,000,000:00 to ‘subsidise’ people going on excursion to Saudi Arabia?

Is it the IMF that made the FGN to use billions to buy cars for MPs?

Kontinu speaking grammar & blaming the ‘West’.

Knew this would happen. Deliberately did not put the usual caveat that limits whataboutism.

The focus here is whether the underachievement of Africa is due to an innate genetic inferiority of the black man either as a person or as a group


Macroeconomic drivers do not excuse local mismanagement and corruption. However, manytimes, the later is an end result of the former plus unwarranted International interference.

Do you think the British empire achieved it's wealth and strength (at a time ruling almost half of the world) because they were less corrupt than others?

Just stumbled upon the rumour that King Charles has pancreatic cancer. Hope its not true. But if true, I feel sad about it. My thoughts are with him.

Cancer is a b**ch but pancreatic ca is a different beast. Due to the location of the pancreas its many times only diagnosed late and for same reason, if not caught very early it's mostly not ammenable to active treatment. The dying process is also terrible characterised by intractable pain.

Stumbled upon this post elsewhere and thought to share here as I feel might benefit a few.
With the student visa rules, it's quite clear that many masters students with families would have to return after 2 yrs except they source a qualifying job (less likely). For single folks, they'd likely be looking at seeking (or paying) for a care COS while making sure they remain single. Ultimately we need to seek the best and stability for ourselves.

TomatoSauce1:
I first heard about Express Entry in 2015, but i didn't take it serious. I had just finished my masters in the UK and I was back in Naija looking for work (no post work visa then, so I had to go back).

In 2016, a friend who we did masters together, told me he was moving to canada through EE. He did a paid internship for a year and that was the experience he used.
I became interested again because, I had been looking for a job to no avail. I started reading about EE on the Canada website and I did some research. I knew I needed at least 1 year experience, but the worse thing was, I didn't even know I could use NYSC experience (smh).

In 2017, I finally got a Job as an Engineer, then I began to process my WES. I knew I needed only my masters assessed but I just wanted to be done with Uniben in terms of transcript. They had almost frustrated me and prevented me from gaining admissions to some Canadian schools because they couldn't send my transcript. In fact, it was one of the reasons I went to the UK to study instead. They claimed not to find my file, so I had to start sending all my documents to them to create another file and process my transcript. I Don't even want to mention how long it took.

In 2018, I finally got my ECA and I Wrote my IELTS. Every part was okay, but got 6.5 in writing. Then I stumbled on this thread and I became a silent reader, read page 1 and followed the thread back to back. Then you'll read stories of people writting IELTS 5 to 10 times before they got ITA. So I wrote IELTS again and still got 6.5 in writing. Did remarking and it came back 6.5, it was so annoying. At this point I was planning my wedding and i wanted to add my husband post AOR. So you can imagine my frustration and I was also turning 30 in 2019. I got married and kept the Canada Waka on hold for some time. Meanwhile, my sister was on post graduate work visa in Canada.

In 2020, I wanted to write IELTS again, but COVID came. In 2021, I wrote IELTS and I scored 7 in writing. Imagine the jubilation!! I went into the pool straight away. Meanwhile, prior to this time, my husband was working on his ECA with WES. Abraka wan frustrate the guy too with transcript, but God big pass them. He got his ECA and added it to my profile. My score was 446 and the scores receiving ITA then was above 500. My sister in Canada had not gotten her PR yet, so I couldn't even get points for sibling. It was like no hope, but I saw people on this thread learning French and I began to contemplate doing same. However, I never knew what would come next, will eventually help me in the PR journey.

In late 2021, I got an opportunity for a care assistant job in the UK with sponsorship. I did not want to go because, in my mind I was like "a whole me Engineer, with masters cannot do care work". My husband wasn't doing badly and I was fine too.

After much deliberation, we decided to relocate to the UK in 2022. My sister got PR, so I was hoping at least Alberta will send me NOI. I didn't get NOI and my profile became ineligible in January 2023 because I didn't update proof of fund. I almost gave up on this EE and I didn't create a new profile until one fateful day.

A friend called and asked, "you no dey come Canada again?". I was like "I no know, besides I'm settling in the UK" and I was also about to switch jobs too. At this point, we had Canadian visitors visa and we've visited. Then he told me about the category based draws. I went to the Canada website and saw the Healthcare category. Lo and behold there was NOC 33102- Nurse Aide, which was similar to the Healthcare Assistant job I was doing. They had even done 1 or 2 draws at the time and the scores were not high. I quickly created another profile in August 2023 and made NOC 33102 my primary NOC. 2 days after, Alberta sent me NOI, you need to see celebration. However,there was a small problem. My IELTS and ECA were expiring September 2023. The ECA was easy to renew, but I was wondering how to pull off IELTS before September because there was no available test whithin the time frame and i didn't want to be out of the pool.

Then I discovered that IELTS now had CBT and the results are usually out within 3 days or so. Did some research to compare it to the paper based test and I was ready risk it. Did the test end of August and they didnt release my result within the said time frame. I was like, "which kind wahala be this one". They finally released it more than a week after. My husband said I too blast, na em make them hold the result (LOL). I scored 9 9 8 7.5 (LRSW) and quickly updated profile.

In October, I was preparing to submit my Alberta application when I received ITA from Federal, under the Healthcare Occupations category. I Stopped the PNP application immediately and began to gather my documents. I easily got reference from former employer in Nigeria, added my bank statement showing salary paid ( got this from my mobile app). But my former UK employer (where I got the Healthcare experience), refused the give me reference. Did some research on Canadavisa forum and this thread. I got a former colleague of mine to write the letter, signed and attached her ID card. I also attached the email exchange showing their refusal to give me reference and my payslips. Thanks again to @GraciousWords who helped to vet my job description to ensure it matched with the NOC.

From my research, I really wanted to notarize the letter. However, to notarize documents here in the UK is completely different from Nigeria. They would have to witness the person signing the letter, with their identification. The price again was expensive. For same reason I didn't get my gift deed notarized. Also, we were running out of time to submit our application. The total funds we had was in our joint account and the gift we got, was paid into that same account. I got a letter from the bank and bank statements showing the transfer of the gift. I didn't pay the RPRF at the time because we needed all the funds we could get for POF.

I decided to put in the application like that and the rest they say is history. I aslo want to add that, I have some travel history too, I've been to the US and Canada. The only ADR we got was to pay the RPRF fees and got PPR 2 days after we made payment.

If you really would love to relocate to Canada, you have do a lot of research like it's encouraged here, read page 1 and digest it. Keep pushing and it will end in praise. I wish everyone expecting ITA and PPR all the best.

TomatoSauce1:
I first heard about Express Entry in 2015, but i didn't take it serious. I had just finished my masters in the UK and I was back in Naija looking for work (no post work visa then, so I had to go back).

Big congrats... hope I can share your post elsewhere

AmuDimpka:
the people I know for years now that are in Brisbane, Adelaide hasn't even afford to come back to Nigeria for years now...Na the world they wan travel

Afford and not wanting to or seeing the value in are different things.

A trip to Nigeria costs me 1.5k pounds in ticket alone. Not considering money spent when I'm home and the endless number of people needing help. After a while, you just get tired of the whole system. For a family, it's even worse. Kids would standout due to their accent making them targets, you'd need to virtually make plans for every comfort and security your need.

I'd spend far less for a holiday to some of the best destinations in the world and the experience would be much better. Many times, I ask myself why I still return.

AmuDimpka:
I know many business owners here in Nigeria that aren't even politically exposed that have homes abroad

Why are they buying homes abroad? How many British business men resident in the UK have homes is Nigeria?

.

hustla:
As a collective, as a FREAKING collective

How are you deliberately missing the point of this?!!

I will not speak on this matter again. It was the same deliberate missing of point thing Nigerians did on twitter a few months ago when something similar came uo

I no do again abeg

Happy Easter

I saw your initial post and don't agree with it.

You're conflating two things- which is using a snapshot in of human history to make a general statement about a race.
We've seen dynasties and civilisations rise and fall and each power would have made same statement about others. Where were the Europeans when ancient Egyptians built the pyramids, mastared astronomy e.t.c. The Pharaohs would have called europeans eternal savages e.t.c

The only difference today is the rise of the west coincided with a period of human tech and communication advancement that has brought us close together which makes brainwashing and neo-colonialism persist. Ask yourself, why does the average Nigerian chorus the statement that Chinese loans are bad while they worry not about the over 10x more we have taken from western agencies with nothing to show.

Also, I have huge interest in policy and macroeconomics. Many of the drivers of trade today were put in place by the west and serves to perpetuate their feudalism by subverting others. How many nations were there when the decision was made to make the dollar the world reserve currency or the institute the IMF was made. Wouldn't the makeup and outcome of that conference be very different if it held today? The IMF exists to debase and devalue developing nations so western powers have access to cheap resources. How many non-western nations has interraction with the IMF brought longterm gains? Now, its moved from material to human resources.
Today, due to those decisions, the US prints dollars out of thin air, while many African nations have to lend same paper money at rates of over 10%. Rates that even the everyday American wouldn't lend for. How can Djibouti afford to lend money at a higher rate than Germany?

The UK forcefully enforced opium on the Chinese amlost reducing them to savages and oversaw the death of millions of Indians via famine so Britain's food reserves could remain full. The general economic slowdown in the west today is not unconnected to the rise of the Asians esp China. China has shown same can be done on a large scale within a generation. WHEN same occurs in Africa, certain things would give.

VAPatrick:
Someone who hasn't travelled outside Nigeria will never understand.


For me, if I am to choose between being a bank manager in Nigeria and forklift operator in Australia, I'll go with the latter. As a forklift operator in Australia, I will live a good life and provide a better future for my children. Even if I decide to return to Nigeria after 25 to 30 years, I'll live very comfortably, far better than I would have, had I been a bank manager.

To reiterate, no basis for comparison, and respect people's decisions. Shalom!

You hit the nail on the head.

Even on this thread, folks who have seen both sides have continued to repeat same thing. They would choose those everyday jobs abroad over 'big man' jobs in Nigeria.
It's pople who have never left or worked abroad that can't fathom this. They are seeing 1m naira as heaven on earth.

If I begin to list, thread go full

Usefulsense:
The man who inducted me in the warehouse where I work is 65. He is a made man. He told me he comes around to work because there is no one to stay at home with.

This man has about two houses he receives rent from every week. The rent is enough to pay his bills for life.

As per accounting work, I already rejected one because they wanted me to sign an undertaking that I will never leave before completing one year.

The pay they offered is exactly what I'm earning in the warehouse. I made it clear that if I must sign the undertaking, I will need at least 10Aud on top of my current earnings.

Bros, I will move into accounting before the end of April. Some recruitment firms are already on my case.

However, if I don't get it, I'm already doing better than I was doing while in Nigeria.

My brother you don't need to convince folks. There are things experience teaches.

Folks in Nigeria used to lording it over the many poor would struggle to understand the concept of dignity in labour.

For example, in the UK, the salary of an MP (similar to a senator) is just about 4x that of a full-time minimum wage employee. For Nigeria to come close, that would mean our senators would be paid 120- 140k. Hehe..

Pay out there is largely due to what you bring to the table and if you provide a service others need. A plumber in the west would earn far higher that many folks with masters degree

shoodboi2:
The average Nigerian retires at 58 - 65 and is still able to live a decent life almost comparable to when they were working.

What you said is the exact opposite of reality.

Hehe... No insults, have you ever been abroad and seen how retirees live? Their group holds by far the most wealth.

First, what is the average life expectancy in Nigeria?

Virtually every honest civil service director I know lapsed into poverty soon after retirement. Many died wretched.
What is the average pension and when was the last time pensions were increased?
Do you know old people (with significantly more ailments) would need to use that pension to cover their health, pay kids uni fees e.t.c which are costs a pensioner abroad don't factor in.

Now abroad, the state pays every pensioneer who has worked a state pension. This state pension rises every year with at least inflation. (Yes you heard that. To put in perspective, your average Nigerian pension would be increased by 30 % this year to rise with inflation).
This is then in addition to the fat work pension which manytimes matched their final work salaries and has continued to rise.

Reason why I said you have no idea what you are talking about.