₦airaland Forum

9jatriot:
See attached image.
At the end of the 7th year, you should get your principal back, all things being equal.

justcallmenuel:
Happy EID MUBARAK to all my Muslim friends and customers.


MANUEL SOLAR ENERGY ENTERPRISES

Samcoflex75:
If you nor sell the tv 5k leave am, I have one Tv with the same board issue and the repairer told me to bring 35k to fix it

AyarmBoye:
Generator 24k?

ThatKING:
Land/Chieftaincy matters are very delicate most especially chieftaincy matters.

People employ diabolical means to have a upper hand. In the course of such, casualties always occurs either through violence or spiritual means

LaIabobo:
Faulty 29" plasma for 35k??.
Do you think we are playing here??
You are not ready to sell.

lekbel09:
Is this some kind of joke ? Putting a price tag of 29k on a faulty 32in TV.

lekbel09:
35k........leezah u need to be flogged with pankere o

madridguy:
Below link will help you better.

https://twitter.com/segunoladejo_/status/1261267306866491395

Phenomenal16:
...4 legs still intact.....
Nothing new here... More of an interview....
Is gud though

BigTableShaker:
You ain't shaking nada .

Preciousify:
Exactly my case.
Its 5 months now.

Grupo:
Okay. For me to take you seriously, start by walking up to a random man on the road. "toast" him, take him out on dates, proceed to see his parents, pay his groom price, rent at least a three bedroom apartment, have at least a car, conduct his traditional marriage and wedding. Then take your groom home.

ibkayee:
Lol troublemaker

Cuddlebugie:
Take the lead.

emmanuelewumi:
It doesn't, have you seen late Gani Fawehimis will?

It is the husband's will that will determine who he wants to be his beneficiaries, he can will his houses to his church, government, society, children, wife.

Mobolaji Bank Anthony will most of his Investments and properties to Lagos State government.


My wife inherited two houses from her father and one from her mother, God forbid if anything happens are trying to say it will belong to me if she doesn't have a Will.


Some men will their personal Properties to their children and nothing to their wives. It is their beliefs that the children will definitely take care of their mothers. We have had cases of women in Lagos who inherited their jointly owned houses at the demise of their husbands, only to marry another man who automatically became the landlords of such houses

emmanuelewumi:
My wife has her properties and investments, I have my property and investments. We also have joint investments that are jointly owned by her and myself.

When they are co-owned it automatically goes to the surviving spouse without necessarily having a will

emmanuelewumi:
Probability is tilted towards husband's dying before their wives. Should be 70:30

Grupo:
That's why I'm never getting married until I find a lady who is willing to practice true equality. Not these online loudmouths called feminists that shrink into their shells when it's time to take responsibility.

emmanuelewumi:
Men will always die before their wives because of the stress we go through in order to provide for our family and at times for our in-law.

Marriage should be a merger, where both parties contribute for the common good of the family and our children.

9jatriot:
Why do many women always believe their husbands will die before them and they must as a matter of urgency be entitled to all his assets. Most men hardly have this kind of mindset for his wife.
The mind himself is thinking if I die, what happens to my family. He devise ways to ensure that madam has access in an eventuality, it is very hard to see a woman say "how do my husband and children have access to my wealth if I die".

pluto09:
MACROECONOMIC UPDATE as copied;



Key Takeaways from the Citizens Dialogue Session on Government Fiscal Policy Decisions in Response to the Fall in Oil Prices and the COVID-19 Pandemic
The Ministry of Finance, Budget and National Planning and the Department for Internal Development (DFID) held a citizen’s dialogue session (earlier today) on Nigeria’s response to the fall in oil prices and the COVID-19 pandemic. The panel was led by the Minister for Finance, Budget and National Planning, Mrs. Zainab Ahamed, who was ably supported by Prince Clem Agba (Minister of State, Budget and National Planning), Mr. Ben Akabueze (DG Budget Office of the Federation), and Lade Jaiyeola (CEO, Nigeria Economic Summit Group).

A. Below are some takeaways from the representatives of government
1. Government expects GDP to contract by 3.5% YoY in 2020
2. Oil earnings is now projected to decline by 90.0% in 2020
3. Estimated net oil & gas revenue available for Federation Account Allocation Committee (FAAC) distribution is now forecasted 80.0% lower at N1.1 trillion (vs. N5.5 trillion previously), despite a N649 billion reduction in allowable fiscal deductions by NNPC for federally funded projects/expenditures. Specifically, projected PMS under-recovery has been reduced from N457 billion to zero
Oil production now projected at 1.7mbpd (vs. 2.18mbpd previously)
Oil prices expected to average $20 per barrel (vs. budget benchmark of $57 per barrel)
Average production cost of Nigerian crude has been revised downward to $28 per barrel from $33 per barrel (with implications for Petroleum Profit Tax
A severe outbreak of COVID-19 in Nigeria could magnify the impact of low oil price and weaker domestic crude production
4. Customs revenue is now projected at N1.2 trillion in 2020 (vs. N1.5 trillion previously)
5. Amount accruable to VAT pool account now forecasted at N2.0 trillion in 2020 (vs. N2.1 trillion previously)
6. Amount accruable to federation account now projected at N3.9 trillion (vs. N8.6 trillion previously)
7. Projected federal government receipt from federation account for 2020 is now put at N2.4 trillion (compared to N4.8 trillion previously)
8. States and local governments are now likely to obtain N2.1 trillion and N1.5 trillion, apiece, from FAAC (compared to N3.3 trillion and N2.5 trillion, respectively, in previous estimates)
9. Projected N5.6 trillion budget deficit to be financed through privatization proceeds (N126 billion), drawdowns from FGN Special Accounts (c.N260 billion), bilateral/multilateral drawdowns (N387 billion), and new borrowings (N4.6 trillion)
10. Debt service pressure to be eased by significant moratoriums on new loans (IMF’s RFI of $3.4 billion comes with 3 years moratorium) and expected deferrals of current debt service obligations until macro conditions improve
11. As part of measures to alleviate the impact of COVID-19, the government has set up an Economic Sustainability Committee to, among others, assess systemic vulnerabilities and develop programs that would make the expected recession short-lived and ensure sustainable long-term growth
12. Measures are underway to strengthen agricultural value-chain with strategic focus on land acquisition, road networks, and funding. Government also plans to offtake agro-products when market conditions are unfavourable
13. Government is looking at funding supports for the aviation sector
14. The president is likely to decide on land border closures after the current health crisis. Negotiations with neighboring countries have been smooth
15. Although similar challenges were faced in 2016, Nigeria currently has significantly lower fiscal buffers. In view of the challenges, government has approved the integrated policy framework recommended by the CMC and adjustments to the 2020 budget
16. The budget office is finalizing a revised 2020-2022 Medium Term Expenditure Framework and Strategy Paper (MTEF/FSP) as well as an amendment to the 2020 Appropriation act

B. According to Nigerian Economic Summit Group (NESG)
Nigeria needs N10.1 trillion worth of interventions but current intervention capacity stands at N4.5 trillion
The implied funding gap of N5.6 trillion is likely to be covered by
Medium to long term domestic borrowing
External borrowings (possibly from World Bank, IMF, IFC, AFDB)
Quantitative easing
Total announced stimulation (FG, CBN, e’tal) currently stands at N4.5 trillion or 3.1% of GDP (vs. 10.0% of GDP in South Africa)

emmanuelewumi:
Very necessary for one to have a will in order to make life easy for our loved ones.

With about 20k United Capital Trustees can help one draft a simple will

emmanuelewumi:
I hope the number of infected cases will not rise to 5000 by next week Friday.

If that happens, total lockdown will be introduced again.


Better to have enough cash in our bank accounts, or hide it in money market funds because of the one million boys.

May God see us through this terrible phase.