₦airaland Forum

rinzylee:
Baba abeg you get info on any one?

Each day, my passion for Agro keeps growing.

I also share thesame drive but easy.... temper the urge to invest back home with caution.

Many diasporeans who invested in Nigeria over the last decade regrettably lost money. Many did that even before getting a mortgage abroad. Interestingly, this issue came up on another thread recently.
When I came, I considered using a cheap loan to purchase grains back home soon after the harvest season and sell after 4-6 months for typically 20-50% profit. Even with such margins, e still no too balance.
Opportunities abound in Nigeria, but I need the currency to stabilise before reopening that book. In the meantime, there are good investment opportunities here... tax free ISA, buy-to-let, SIPP e.t.c which many hardly use fully

rinzylee:
Reminds me of Judas... he was so angry that a lady took a jar of perfume worth a years salary and used it to wash the feet of Jesus 😂... imagine using £35,000 to wash person feet

Jokes apart, do you think churches and charities in Nigeria should publish audited financial statements and have more transparency and reasonable oversight on their spending?

justwise:
lol you see that section in bold? If i'm to get £1 each people say that just because i disagree with them i will be bloody rich by now.

Listen, look for bin anywhere around you and do the needful with respect you have for me before, i couldn't care less.

Tithing is a scam by crooks running those churches and people like you are victims even though you pretend here

You sound pained even to the extent of breaking rules.
Not too long ago, you said you were forced to pay tithe. Was it with a gun you were forced?
Even though you regret it today, you should take responsibility for your actions.

rinzylee:
1) I didn't say I have borrowed - they only found me worthy of the loan.

2) I am not sure on the exact repayment

3) I invest in a business and in 5 years it has yielded £10,000 and I pay back £7,800 over same period, isn't it a huge win??
Loan £5,000
Interest £2,800
Profit over 5 years £10,000 asides Loan capital and interest.

Is it the avocado, sesame or cassava farming/production you are planning to invest in? For investments in Nigeria, worth factoring in devaluation.

rinzylee:

....
If the church he pays it to abuses or mismanages it, it is left for God to deal with the erring priests.
......

I'm not against tithing. It's a decision for every adult Christian to make.

But then, this your statement supports a culture of non-accountability thats rampant. Even charities should be open and held to standards.

It's the reason why a doctor/nurse in Nigeria can treat patients in a less appropriate manner, it's the reason why a gospel preacher can slap a child in public, its the reason why our police collect bribe in daylight, it's the reason why people have to bribe some government workers to go to work and do a job they're being paid for, its the reason why our politicians steal us dry. The reason is simple- nothing will happen.
When next you defend that culture, remember it cuts across- you can't have one and avoid the other.

rinzylee:

....
Have you ever gone to the interior villages to see how much of the funds go into crusades that also involve medical, social, educational projects?
...

All said, our pentecostal churches in Nigeria need to learn a thing or two from orthodox churches.
I remember asking folks here who were keen to demand Nigerian health workers offer free health services why their mega rich pentecostal churches have keenly avoided building hospitals but focus on profitable schools and universities.

autologic:
If I were you I would take more time to increase my budget to around 2.5-3k to get a good petrol car with low mileage .As you will pay more for road tax and insurance for a vehicle of 550£ due to emissions issue and high parts failure rate. ...

Hehe... the fear of 'parts and labour'

Can't overestimate the need to have a car you take to the workshop once a year for MOT and perhaps tyre change. Would cost more though

Viruses:
I have a few questions, if you have an answer to any please provide:

* can I go to a private gynaecologist without NHS referral?
* what is the average cost for a private gynaecologist?
* if I do private health insurance, will they fund visits to private gynae?
* the wait time for NHS gynae is quite long (around one and half year) am I better off going to Nigeria or another EU country?
* if you have used a private gynae, please refer with any information that may be useful.

Thanks

If you don't mind sharing, what treatment are you in need of?

If its IVF, you might get a better deal even in Nigeria.

Lexusgs430:
This is why the Nigerian government, left our health sector in a state of coma........ 🤣😂

Hehe... I remember 6-10 yrs ago when abusing Nigerian Healthcare workers was the mainstay of discourse on NL.

Some folks in the UK then expected Nigerian health workers to offer free services cos the NHS was 'free'.
Oddly enough, all the while we supported politicians who's allowances surpassed that of many secondary and even tertiary care centres. The tide has turned and the chicken has come home to roost. Time flies

Ayrastarr:
Hi Jedisco.

You kinda know a lot.

Please, I want to ask: if I get married to a British citizen, then move to London and have a global certification like CSCP. Can I get a Job? do I need to start with Menial jobs or go for Masters?

Not my forte... hopefully, someone with more knowledge in this area would respond.

pizapato:
I come again to quote you now as dollar has eventually touched 1k

Are you still holding unto your hypothesis that the true value of dollar below 700?

I was thinking 1k5 will happen in 2025 but the way it is going by mid 2024, we will likely be seeing 1k5.

Of course I still hold some naira invested in stocks where profit can beat devaluation, I however do not have blind optimism that naira will be stable in the next 2 years.

Believing that the corrupt government of APC will stabilize the naira is like hoping the Atlantic will turn to dry land

Hehe... you sef..
It's funny how these discussions come around in circles. Remember having them here when usd was 350.. only thing is that with each grind up, more people jump on the train as they sadly loose faith in the naira.

Issue is many times our reasoning is beclouded by sentiment. Before the naira remains stable and appreciates against the dollar, certain basic fundamentals have to be present.

It's not difficult to identify these fundamentals- all one needs to do is look at the last time our currency held relatively stable for a while (2008-2012) or look at other nations with a stable currency and see what fundamentals we lack.

First, economic growth, a good shift in our inport/export balance, and less f00lish printing of the naira
All the hopeful talk of government is set to do that e.t.c doesn't work

Olaide1295:
When I saw that your post. I changed significant amount of my dollars to Naira (at 720) and bought a duplex house in Nigeria.
I made a terrible mistake. Being outside naija, I don’t even live in the house and it gives me no return.

A grave mistake many Nigerians make when they initially migrate. Worse still, the opportunity cost of the duplex at home would have been a good mortgage or a buy to let with over 4% yeild and average 3% asset appreciation where you reside. 10 years in, you can easily liquidate a property abroad. Selling a high value duplex in Nigeria is very dependent on finding cash buyers which is mostly a hassle.
Wouldn't blame you.. made same mistake too.

The fact is our mindset has been conditioned by investment opportunities we grew up seeing locally. It takes a while to recondition and now appreciate global opportunities.

ElSudani:
All of you japa people who run down your country. Even after surviving the Mediterranean sea don't be surprised if your children have to face this on the other side.

Japa does not absolve standing against this.
Racism juut as discrimination everywhere should be fought

Many Nigerians in western nations would tell you they suffered more discrimination as Nigerians in Nigeria than what they encounter abroad which is really bad. Look at NL for example and compare it to reddit. How many other places would you see people freely using common slurs we have normalised here.

Sad watching this.
Apparently, it happened 18m ago but has just gone viral.

Their gymnastic federation has issued an apology which I find half-hearted.

Discrimination anywhere should be should be fought. Sadly, it happens even in Nigeria.

Focus99:
You should learn how to read to comprehend anyways. I asked a question NIGERIA GO FIT BETTER SO? how is this an insult na wa oh...I see a working system and I asked a question abeg get lost abeg abeg

Hope you retain your sharp mouth when you start work. Confused fellow.

Schoolhike:
Reason why I have overdraft in-place in my DD enabled bank accounts. Then add the money before end of the day, to avoid interest on the overdraft.

Sound like a lot of manual fiddling. What happens if you forget or have a busy day?

I prefer setting up all my DDs to be on a particular day (preferably after payday). That way, I know what sum I need to leave in my account to clear it and move most of the rest to savings afterwards.

mayowa94:
Hello
1. Please can someone on Health care visa work 20hrs as a data analyst?

2. Will changing from healthcare visa to skilled worker visa affect ILR timeline?

3. If given 40hrs/week on COS and on the rota someone get about 58hrs/week does that affect the part time job of 20hrs allowed by the government?

For Question 1 and 3, the answers are clear on the UKVI Health care visa webpage. Regarding basic visa rules, you'd not get any information online that'd rival what you have there.

Extra work has to be in thesame occupation code as your mainjob or a shortage occupation. Extra work done with your sponsor is not counted towards your 20hrs.

For Q2. No.

Buliwyf:
This is what happens when people believe in ridiculous superstitions. Most of those cases of missing genitals are nothing but mass hysteria.

Infact All cases are just mass hysteria

Why don't people go around stealing other people's kidneys etc.

Focus99:
...
Nigeria go fit better so? Hahahahahhahahaha the system is working here JESUS omo ehn

Una don start.... first week in the UK, first tickbox na to dey insult Nigeria..

Well to the outside world, Nigeria is a product of Nigerians. You'd not be seen as a special breed from Nigerian. Worth bearing that in mind.

CowbellY:
Not fear mongering. I have cancelled certain DD as well. But not all are without effect. I know a lad who cancelled his Vodafone DD because he felt they over charged him for a month. It’s gone as a missed payment on his record and takes 18 months to clear.

That’s my advice.

Valid contract terms are generally upheld even decades on.
There are different types of DD but one put in place after a valid credit agreement shouldn't be cancelled unilaterally. It's why there are good consumer laws e.g 14 day cooling period. If not, folks would simply cancel their DD for their mortgage, pcp, insurance e.t.c as they see fit.

BTW, missed payment stays on one record for up to 6 yrs and can significantly impact ones chance of a good credit/mortgage in future.

ehizario2012:
It's been interesting reading the comments on pension and the general economic outlook of the UK in the short, medium and long term. Personally I feel it's important understanding the true economic status of the UK since that's where we live at the moment.

My question, could this seemingly gloomy economic outlook be the reason why many migrants are looking at leaving the UK to Ireland, Australia, Canada?? This has been a burning question to me. I'm on a CoS in the UK, and don't intend leaving to the aforementioned countries even if I get the opportunity... But again, is this my thinking right at all??

I'll appreciate informed responses/comments as always.

Migration is an eternal constant. There's no point fighting it. The thing now is to look at the peculiarities of the world in which we live.
Many folks in the UK left jobs in Nigeria that others thought they were crazy to leave but then, within a few months of arriving the UK, many knew they made the right decision. The difference now is that change in leverage. As a UK resident/citizen, you have a better leverage and time to make an informed decision. The UK is still top in lots of metrics and not many countries offer better opportunities.

For the first time in centuries, the standards of living in many western nations has fallen over the last decade as population platued. In addition, economic growth over the next 50 yrs is unlikely to be in the west (asides the U.S). Western leaders are keenly watching Japan navigate uncharted waters- a nation whose economy hasn't grown in 30yrs despite racking up the highest debt/gdp of any nation. For many Western leaders, migration is now being seen as an economic/existential necessity. Their headache is targeting thr needed talent. The international market for good talent has got increasingly competitive.

The question then becomes what skill do you bring? With the right skill, a move from the UK to a few select nations has seen folks improve their earning and standard of living by a good proportion. I have seen folks earning well into 6 figures here double/triple their earning and quality of life by moving - similar to some folks who were average earners but to a lesser degree. To them, it was still reminiscent of when they decided to leave Nigeria. In the end, when Nigeria gets certain basics right and gets on a growth trajectory, they'd have a better leverage to latch on early.
All said, you need to have the right motivation, skillset and sometimes age to get the right leverage.

SIRTee15:
Just ignore the guy. He's among the failed generation of Nigerians who went to UK in the 90s and early 2000s to date white girls and oppress those at home with fine pictures.

Asians that came same time in the 90s have bought the whole of UK.
Go to any private schools in UK, they are filled with Indians and not even whites.
The Indian landlord of my former church own all the buildings on that street, up to 18 houses.
In fact those guys are done with houses now. They are now buying care homes and hotels in the uk, they then import their Indians into the country to work in the hotels and care home.
These Asians guys came into UK with nothing.

What I will never understand is what exactly were Nigerians doing same time these Asians were doing the hard work and buying up everywhere.

Black man has a long way to go. The way we lack vision at home is same outside the country.
Very pessimistic and negative in thinking.

Hehe... don't agree with your last statement. Some Nigerians are doing well in the UK.. Indians have more numbers so that helps

Alot of Nigerians are more churchous than the pope, stuck shouting 'my father, my father' withouth understanding the financials of the UK or lack career ambition.

Wotowotoman:
They are all afraid of him. When lazy youth was calling him out, did you not stay silent

Hehe... Lazyyouth appeared unnecessarily aggressive and many steered clear. But looking back, his ways were effective in caging the fellow.

It was not until I stumbled upon some of ahibs hate filled posts it because obvious he was truly unhinged. The interesting thing is that he would always boil in hate triggered not only by everyday facts but more by the reality of the successful strides the group he so hates continue making everywhere. Soon enough, he would return to preach patriotism...

phoinix:
Lol, when it comes to top managerial positions, Indians leave Nigerians in the dust. It's a fact. Look at most top American companies, and you'll see that Indians are very well represented. I can count at least 15 top notch companies, not some upcoming or managing venture.

That's not necessarily a good thing..

Take India and China as an example; they were both large countries which were very poor in the 60s after decades of colonial oppression.
China found a way to develop its talent and retain/bring back its best heads. India OTOH, exported its best heads. The economic trajectory of both has been telling with India playing catchup.
The likes of Rishi Sunak and Satya Nadella are are very brilliant but primarily benefit the UK and US respectively. They have little or no impact on the Indian economy or the livelihood of the average Indian child.

P.s Had to split the timeline to show both nations were very close earlier on

Zahra29:
You make a lot of good points on this topic, but I disagree that migration is being regarded or used by the government as some type of silver bullet to solve all of its public funding issues. Mass migration typically creates as many problems as it solves, so it's not the answer.

It's not a silver bullet but it's a practicable solution for alot of issues- one the governmenthas embraced. Those in power have access to data the general public would prefer to avoid.

For over a year, there has been rampant abuse of the health care visa route. Virtually every major news outlet has done an investigative expose on it. Yet the government seems handicapped to take action- the reason is obvious.
Same with those looking forward to triple-locked state pensions plus gold plated work pensions. Ask them how the government would afford that in a slow growing economy....

Donbrig:
The uncomfortable truth here is because most Nigerians are thieves, if you have a big company and employ 100% Nigerians, you should prepare for bankruptcy in few years or months time. Because the main aim of 95 to 98% of Nigerian workers would be to steal from you and falsify all necessary documents.

Nigerians are some of the most fraudulent and criminally minded humans on earth, no matter how much you gonna be paying them as salaries, their criminal instinct will always tell them they could rise and become the boss, intead of taking orders from their fellow mate.

Nigerians don't like taking orders or play by the rules. This is one of the main reasons we have so many many fraudulent churches all over the country, assistant pastor or a regular church member would get tired of taking orders from senior pastor, his/her aim would be to open his own church, and the circle continues.

Either we believe it or not, we are not just normal humans, this is why we are the most disliked nationals on earth, not just our leaders, but our society is too hostile and unhealthy for rearing animals, much more raising human beings.

I rest my case.

What you said epitomises self hate and inferiority complex- The idea that someone is inately superior to you.

I've been around the world and can tell you human nature is same everywhere. India is in alot of ways similar to Nigeria- high birth rate, huge poverty, discrimination e.t.c. They have made steady progress recently. We can make same too.

There are loads of Nigerians who are making good strides both at home and abroad. Nations go thru phases. Europeans have been in a constant deadly rivalry for the better part of their existence.

phoinix:
Very revealing backstory there. So, he was once a trader. It's funny how some people taunt other upcoming traders as if they are the very cause of our bad economy, simply because some of them come from a specific tribe.

......

I wouldn't bother much about ramblings of the unhinged fellow and also did not find it surprising for someone who had been actively hateful on other sections of NL. For people like him, what drives the hate is the obvious inability to meet up to a group they hate plus the shortsighted idea that nepotism would some day trump hardwork.

Conversely, what I found rather interesting was the relative silence that ensued here while he rambled on. It was as if folks were unable to call out his folly

iammo:




Canada is a cold vast land, they need animal heat through perspiration to keep them from having unhealthy temperature

Canada taking in Immigrants isn't for charity, they need more and more inhibitant to make their country habitable and densely populated to make human survive

.

Talk with little sense
So how have Canadians survived for centuries?

lavida001:
They have gold reserve 🤷🏽‍♂️

Human gold reserve abi human gold coming thru. Hehe