₦airaland Forum

HustlaOfLagos:
Can it really be stopped or they'll just increase taxes again?

Things like anxiety should not even be allowed to get on benefits unless they give them a time frame... say 1 year

Humans will complain, but they will adjust and get serious

Their entitlement is on another level

Goke7:
This benefits fraud have been going on for too long in this country and looks like even folks in govt one time or the other have all been a part of it cos tell me how they all continue to turn a blind eye to it. I know there were measures in the past to address it but looks like there’s now a consensus to make it look like an helpless situation and rather put the blame somewhere else!

From the story posted here it was just a bad belle situation that got that fraud reported! Cos if the govt is serious we should gradually be seeing a number reduction in those reliant on benefits and getting back to work but no, more people are rather claiming disability or physically sick!

We are a compassionate country. We care for our elderly and support our youngsters

Goke7:
I no go anywhere na where you put me I Dey!

Be like you been block me ?

Goke7:
😂 you no lie o! 35k ain’t small money anywhere anytime!

Omo iya how far na… it been a while

erico2k2:
and you came to this conclusion because? 36K? that is less than what Nigerians put down as deposit to own thier own home i n the Uk, You guys underestimate us toomuch. chi. a civil servant I know was offered 110K as pay of on medical grounds he even rejected it, you are here talking 35k na wahhh

l

To each his own. You can Literally see some people in my post. 35k na groundnut money for you but to other na money to set them up fi life.

Everybody get 35k cash sitting pretty in their in the uk until you need help. Na there story go start. Make we continue to deceive ourselves.

HustlaOfLagos:
Literally wrote Finance there too but OK sir

Claude can write and read cobol code.

HustlaOfLagos:
The money is a lot for visa app purposes and does not make sense but 35M won't do much again in present day Nigeria if you want to have a quality of life similar to the one you have here.. You will be lucky to get a decent house in a good area in Lagos for that price.. even land in Ogun state is getting pretty expensive now .. Maybe places that are not so developed sha...

Also.. lots of people have that money, don't sleep on bicycle o.. Was looking at someone's profile on the tech nation forum and he earns £321K yearly and was given $5m equity or so in this same UK. Finance bros also earn lots of money, Nigerians like you and me

Ji, Masun!

Tech this tech that. Nor be everybody go do tech bro.

Recently Claude ai has been proven to automate most of tech jobs. However people de make money but the % is super low.

HustlaOfLagos:
I remember saying how crazy these fees are some time ago and they are increasing it again

It costs $645 CAD for citizenship application in Canada fgs, that's about £355 and minors are about £55. £3,200 for ILR is madness too when you consider a family of 4 and I know a family of 6

I think I will create a comparison table for UK, US, Canada, Australia & maybe Germany sef later in the day

£3200 * 6 =£19,200.00
£19200 * 1860 =£35,712,000.00

I bet 80% of Nigerians in the uk don’t have this in their bank account. If some even have this in cash I’m sure they will book the next flight and bid the uk bye bye.

HustlaOfLagos:
This is not true sha o

I registered in 2007 and was already active in 2005 when the main section that was popping was Music and Radio & there was still NairaList which I think was more active than NL at the time. I remember I signed up using the laptop attached and multilinks internet

I imagine internet in the UK must have been better cos I remember my friend who came to UK in 2005/2006 used to try to Skype with me then

Good old days...

All bants

OG Waheedee 🫡

HustlaOfLagos:
LOL When you see oyinbo praising you and your jollof, when you see them rolling out the red carpet for you so you and your illiterate supporters can brag about being the first one to receive that as a Naija President, just know they are whinning you and about to fleece you.

It was obvious to the blind that the deal will not favor Nigeria in any way or form but we love optics more than sense but I guess they need headlines to tout as achievement for their useless election next year

Proceeds from the loan will be looted by corrupt politicians and siphoned back to the uk. Leaving coming generations of Nigerian to forever be indebted to the uk while the uk use the moneys to develop their country. It’s a win win for oyibo.

HustlaOfLagos:
Omo, una plenty wey don tey for this country oo

Early movers alias old takers

End to end encryption my black ass https://x.com/thematrixb0t/status/2032396303678763466?s=46&t=rMlYNgPE3MCufQnJWhgznw

HustlaOfLagos:


No wonder they have been unable to solve the boat stuff

They don't think things through & think of consequences or bypasses after .. Abi what kind of mumu solution is that one they have offered lol

The proper solution will be to place time limits on benefits so if you do not find jobs after a certain period, you are on your own. I think the US does that

This is youkay we are a very compassionate people.

HustlaOfLagos:
What if the person quits after 2 weeks?

Back to benefit. Rinse and repeat

Pat McFadden will announce on Monday that employers will receive a £3,000 taxpayer subsidy for hiring under-25s who have been on Universal Credit for more than six months 😂😂

HustlaOfLagos:
Quite ironic that someone who wants a Nobel peace prize for stopping wars has bombed a country unprovoked. He did say something along the lines that the gloves are off as he did not get it. He is calling for a ceasefire - imagine someone bombing you, killing your President, killing innocent kids & then being the one asking for a ceasefire

Even more interesting is that the so called good guys like UK, EU are not talking about the 175 people that were reportedly bombed by the US, mostly children. If it was China or Russia, we will never hear the last of it
https://www.independent.co.uk/news/world/middle-east/iran-girls-school-missile-strike-trump-israel-preliminary-inquiry-b2936875.html

China bad, UK good

White pipo will always defend their own. The earlier black man know his place the better for all of us.

HustlaOfLagos:
On one hand, you claim you want talents and care workers are essential workers.. on the other hand, they are low skilled, do not contribute and you make pathways for those talented folks harder... sounds like incoherence and confusion to me

They should just implement everything and get it over with. It does not seem like they want to make any changes & everything is starting to look like they are whinning everybody

Make Claude ai kuku take everyone job make immigrants go their papa house.

HustlaOfLagos:


They want to relax and be taken care of

One of my neighbours the whole family no dey work. And they rake in 5k monthly plus dem just give her 2025 car. The thing jus de vex me but what do I know.

Na their country and they will always make the rules cos they have the numbers.

HustlaOfLagos:


The article makes it seem as almost everyone will go on benefits after ILR. Propaganda just dey swallow propaganda for this country.

The changes are geared specifically towards care workers but they decided to drag everyone else into that net so as not to seem bias which is why most of the caveats are slightly attainable by folks in other sectors

Intelligent play, I must say but lessons will be learnt.

They continuously spit the below rhetoric but the same people who could not do those jobs in 2022, what has changed that will make them want to do it in 2026? Unemployment figures stood at 13% in 2021 and 16% in 2025 but I remember those who came in 2021 saying agencies used to beg them to work at x3 pay and even book Uber for them & still British people did not do those jobs

“Care work is vital and we must incentivise the millions of inactive British workers on welfare back into work. We must stop importing overseas labour when we already have so much available here in the UK,” said Reform’s Richard Tice.

Incentivise people wey just wan wake up, smoke, go to pub, watch tele, sleep and wake up the next day full of entitlement just because they lack melanin.

HustlaOfLagos:
When did this one start again

Due to the ongoing merger of NHS England and Department of Health and Social Care, we are currently unable to provide certificates of sponsorship for individuals joining the organisation.

No be life immigrant come

HustlaOfLagos:
Nigeria will not be better in your lifetime, we are too ignorant, short sighted, selfish and foolish to see the big picture.

The earlier you come to terms with that, the better for you

Maybe Lord Lugard was right after all

HustlaOfLagos:
Thank you, this follows what's on the tech nation's website. Will take sometime to collate meaningful stuff for the app and it seems to favour DevOps / Product Design | UI.UX / Software Engineering guys a whole lot. I take applicant is either in DevOps / Scrum / related given the ADO boards mention

The MC is the hard one to tackle if one is not in a product-led company but can be done

No be life immigrant come sha, las las . Permutation here and there everyday with lots of mental stress subject to the whims of the party in power

Na why I de cry everyday make Nigeria better even if na even 60% better. Where do we draw the line of jumping from one western country to another.

There are no sign of things getting better in Nigeria. It’s getting worse by the day.

we are stuck between a rock and hard place. The matter tire me.

Goke7:
You were never interested in a better Nigeria in the first place 😂 you just dey whine us here all this while. Thanks for the clarity finally

Hope still de if obi win 🥇

HustlaOfLagos:


Want out ke? E must want in o - For this kain immigration palava

Also, curses no dey work. Look at the likes of Wike for example

Omo naija matter just tire me. Not a single thing is working. I don give up for a better Nigeria.

Zahra29:
Unfortunately it's extremely difficult to regularise when one falls out of status. Even if she had a genuine marriage, Home Office would tell her to go back to her home country to make a spouse application unless it is virtually impossible to do so e.g. her home country is Gaza. They've also recently tightened the rules so that if she went back to apply, she would be subject to a re-entry ban for 1 year or more.

The only visa statuses she could change to in- country is the parent of a British or settled child, or under private life after she's lived in the UK continuously for 20 years. Both visas would put her on a 10 year route to settlement (with visa renewals every 2.5 years).

The government is now looking to add a penalty to increase this settlement route to up to 30 years (part of the earned settlement consultation) - which means that it could take her 50 years to settle from when she arrived in the UK. Hopefully these proposals are abandoned as it's crazily insane.

Wherever possible, overstaying should never be an option. It's not easy.

E no go better for the likes of tinubu Akpabio oshiomole et al. If naija good wetin person de find come this wet lonely country.

Zahra what are the conditions for switching from one marriage to another within the Uk. Asking for a friend in dare need whose oyinbo wife said she wants out.

WanderingChild:
I wish I can recommend books, unfortunately I am very limited here. I am more into research papers and patents. However, one book I can recommend is Technofeudalism: what killed capitalism by Yanis Varoufakis.

I hope you enjoy it.

research papers/ patents are much appreciated. Looking forward to it.

WanderingChild:
Some Crazy Observations

Introduction
We had an interesting discussion today with our patent attorney who stylishly revealed to us the long-term goal of patents.

A few years ago, I read the book titled Capitalism Without Capital: the rise of the intangible economy by Stian Westlake and Jonathan Haskel and the summary was humbling – wealth is no longer tangible but intangible. Basically, the way to generate wealth in today’s world and in the future is by IP and owning a business.

Via IP you can build a defensible and an attack mechanism over a product, process or name which enables you to extract rent from anyone who wants to leverage the IP. What was shocking from our discussion was that Howard Lutnick, the current US Commerce Secretary holds over 400 patents. Yes, you heard me. The guy working on those tariffs and responsible for trade within and without the US holds a staggering number of patents. Holding this amount of patent is not the end, there is an end game and that is IP-Feudalism. Having this number of patents means Lutnick can rent the patent collection to a hedge fund or PE or some other boutique businesses focused on IP infringements. These businesses then go on the offensive looking for anyone who has infringed and sue them to bankruptcy. This is the future that is being built. Lutnick does not want to compete with Google and Apple and Nvidia and Amazon who are playing the game of Techno-Feudalism (credit to Yanis Varoufakis), rather, he wants to play the game of IP-Feudalism. What is even humbling is that you do not need to build or design the product for which the patent is being filed for (I know this for utility patents, not sure of others).

What is the implication? Most US patents (utility and plant based) give you exclusivity for 20 years (e.g. 2020 – 2040) and 15 years for design patents. This means that no one can wake up and just implement some design or concept that infringes on a patent within its validity period and think they can sell into the US markets – you will be sued to bankruptcy.

Via owning a business, the game being played is the game of valuation. When you approach investors to raise $X, investors depending on the round get greedy and want to put your pre-raise valuation at say $2X - $5X. This implies that for a $10M raise, the business has a post raise valuation of $30M - $60M. When will this business become a unicorn? However, imagine raising $100M at $1B pre-raise (or $10M at $100M - $150M pre-raise), that automatically puts that business at the unicorn status opening crazy opportunities for it. Revenue will come but valuation now matters more at the beginning. That unicorn status gives you access to any tech major for partnerships. It gives you crazy access to cheap credit and makes it easier for you to scale and become a monopoly. There is no doubt that the next subsequent raises will be $0.5B - $1B at $10B, $1B - $5B at $150B and $5B - $10B at $1T and then IPO where access to funds becomes “unlimited”. As crazy as this sounds that is the game being played by all the majors. OpenAI is over $0.5T, SpaceX is estimated at $0.8T, etc. The investments put in by VCs early on are now worth crazy sums because the valuation is at a crazy level. This is why Tesla, Apple, Nvidia, etc with their appalling book value and revenue are worth trillions. The game is valuation.

The implication?
Unfortunately, raising crazy amounts today is only possible in the US and is a network thing. The easiest network is via an MBA at one of the “legacy or elite” universities - M7, T10 or T15. These are schools where family office operators are coming to get the stamp of the school and go on to inherit family businesses. These are the places where networks can be built with crazy RoI. These are the places that give you direct access to Silicon Valley or New York finance players.

Underlying factors
The current administration despite their crazy display is very friendly towards software-based patents because both the commerce secretary and the US PTO administrator (undersecretary for commerce) both worked together professionally, are friends and are building a crazy portfolio of patents. In fact, the Inter Parties Review (IPR) that big companies regularly used to kill patents at the US PTO has essentially been killed by the new administrator. Previously, big companies like Microsoft and hedge funds could spend $250K litigating against your patent to the Patent Trial and Appeal Board (PTAB) where such litigation is meant to just kill the patent progress. The current US PTO administrator, John Squires has now killed that. In fact, he adjudicates on appeals and by the wordings of the law, his opinion on whether to take a case forward or not cannot be litigated against. He has rejected all the last six of such filings.

Another worrying factor is China. They have the largest trove of AI and software patents in the world and the gap between China and the US in patent ownership is widening at an alarming rate. To limit this, US PTO is being primed to be more favourably disposed to software-based patents. Recent appeal rulings against 101 rejections from examiners have evidenced this.

Summary
It is an interesting time, but it is crucial to understand how the game is being played right before our very eyes. We cannot idly watch another wealth bifurcation happen again (Covid was one, the 2008 financial crisis recovery was another, etc.) simply because we claim to be over worked or poor or unable to access what needs to be done. We must also note that the wealth bifurcation happening now is at orders of magnitude that excessively increase wealth for the already rich and will make it very difficult for the poor to even survive. This is because valuations generate crazy wealth which allows these wealthy folks to put huge pressure on the cost of living making it almost impossible for previously ok people to survive leading to gentrification. We must have a game plan to escape.

I always look forward to your post and books recommendation. I enjoy the capitalism without capital one. Kindly recommend more books if you can 🙏🏿

HustlaOfLagos:
I think a lot of EUs problem has to do with welfare spending and encouraging people to not be productive enough. A 2nd problem is over taxation which removes the incentive for people who aspire to do more to be productive.
Third issue is what I will call EU risk transference syndrome where they transfer all their problems and risk to the US to solve which tethers them to the US and makes them go along with whatever bad decision the US makes so as to enjoy the benefits of the transference syndrome. The risk transference approach is a pretty bad one and is made pretty obvious under DJT.

UK having left the EU also does not help things .. Also, why mention Russia? I thought they were lumped together with China?

No allow benefit boys see this post o

RodgersAkpafu:
But the Chinese will be VERY STUPID to run such an operation on UK soil though, because the scandal WHEN discovered will be something
But again, like I said, let's be watching and see how it plays out

The level of espionage China will carry out will be shocking and out of this world to them.

Nothing will happen after the scandal uk is an ant compare to modern day elephant china.

Santa2:
Apologies if this turns out to be a long post. This Nairaland is like a market place. You come and buy (and sometimes sell) the goods you want and use it to cook a delicious meal or dump it in the trash. I have always know always believed that two truths can exist. There will always supposed 'high fliers' and there would always be those that stick with the norm. I personally believe that both are necessary for a healthy community. One just has to choose where one falls under and in that process not look down on the next man because you think he is not striving to be better himself. Its ok if the next man to stay 15 years for ILR if that gives him peace, While it might might not be ok for me, I need to respect the next man's choice because we are not fighting the same battles. What prompted this post the issue where someone said @jedisco was boasting about his achievement. I actually think the opposite is the case. I don't think we showcase enough the path of a successful immigrant so other can get inspiration. I have learnt a lot from Nairaland and still keep learning, Over 14 years ago, nairaland was were I ran to when I wanted have our kid in the US and thankfully it provided me the information I needed and the community. When it was time to build our house back then in Nigeria, the housing/building thread was a valuable resource. In 2020 when I decided it was time for my masters study in the UK, Nairaland was the best resource.

I came in as student, Nairaland thread was were I went to for settling down tips, housing, banks accounts, building credit profile etc. I came in at the height of covid when we had to quarantine when we arrive. I got all I tips I needed. While I was a student I did part time care work, I was able to save almost £4000 living frugally, My spouse and kids joined me several month later and she got a very good job here (as she had extensive experience). while the company said they wouldn't sponsor, six month down the line as our visa was expiring they did sponsor her. I got a job after study with a subsidiary of the NHS that offered full remote work and didn't pay as much as I would have liked. I initially gave myself six month to stay in that job but I slowly settled into that job and started to see my self as not being able to earn more than that. I applied to other jobs but didn't get much traction. Through that period my wife and I applied for a mortgage got approved and bought a new build 4 bedroom terrace house and was thanks to guidance from the nairaland mortgage thread (thanks to rent money is dead money conversation that some fought against). When the mortgage payment hit I slowly realised that I would need to double my hustle. Enter in Nairaland again, I had already identified an area I wanted to pivot into but wasn't doing as much action as I would have liked. Then I stumbled on a comment from @copershun ( I hope I got her handle right) on recruiters reaching out to her for roles 70k to 80k, I contacted her and found out that it was the same Data Management/Quality I was play around with that she was referring to. I got serious and did the work, and a few month later started a managerial role in this area. Almost a year into the role I have already identified the next niche I want to play in . Someone might say I am here bragging or what's not but I just hope it inspires some to take step and action and build the type of life you want for yourself. I still am on a journey of self discovery, @chukwuma's post on entrepreneurship has also sparked another fire that I am looking to explore in the next year. Once I again I state that Nairaland is a marketplace, You come here and choose the ingredients you want, and the type of soup you want to use it to cook. Selah

Well said. Kindly drop step by step approach on how you secure these roles. What are your recommended courses and blueprints for newbies like me to follow.

HustlaOfLagos:
Highly unlikely that those who have seen how others have been shenked with the 15 yr route will be willing to come long term. Ultimately, its a bad policy for the long term but its their country, they can do and undo as they like

The matter tie wrapper.