₦airaland Forum

Yes. The one that shares a fence with friends colony.

Skimanski,
Good job. Actually visited the site today and it's more beautiful in reality.
I sent you a mail today. Pls try and reply this time around.
Thank you.
Lifeisfun.

Hello

I have followed the the threads on mutual funds and stock market picks keenly and I want to appreciate all active posters.
However, I only just dicovered last year that some insurance plans are also good source of investment with the added bonus of an insurance premium.
I have been gainfully employed for 8 years now and only took up a serious insurance policy last year. I call it serious because the plan is structured for 10 years and the premium is fixed. This is different from the policy I buy with mutual benefits which I use like esusu for 2 years only. I have never had a serious insurance marketer sell to me until last year and I wish I had met him eight years ago.
The policy I am talking about is the IIP plan with Aiico.
Right now, I am interested in purchasing more plans form other insurance companies but there is little info about these plans in circulation.
I would appreciate more info from everyone, policy owners and marketers alike to shed light on the options available out there.
The aiico plan I am into is great because my returns after 10 years is a little above 150 percent with a sum assured amount of 5m. I was told that is the product limit as set by naicom.

When can we start paying? And how will the installmental payment work?

Spyder,
What documents are we going to get besides the survey plan?

I didn't see any mention of deed of assignment at the very least.

bodejohn: This issue has been discussed a few times on NL, while I am not defending dstv, I think it is not right to compare prices of equipment and services on face value.
Having said that, the cost of doing business in Nigeria is very expensive. Businesses in Nigeria pay a lof for the inefficiencies in our system.
Is it not in nigeria that it costs about 300k to clear a 100k car bought in Europe? Maybe the OP also need to compare the salaries of their staff in SA and Nigeria.
On a litter note, for the OP to even think of buying an hdtv box, and visiting SA, no be big boy things be that? Abeg, spend this money and stop complaning...

bodejohn: This issue has been discussed a few times on NL, while I am not defending dstv, I think it is not right to compare prices of equipment and services on face value.
Having said that, the cost of doing business in Nigeria is very expensive. Businesses in Nigeria pay a lof for the inefficiencies in our system.
Is it not in nigeria that it costs about 300k to clear a 100k car bought in Europe? Maybe the OP also need to compare the salaries of their staff in SA and Nigeria.
On a litter note, for the OP to even think of buying an hdtv box, and visiting SA, no be big boy things be that? Abeg, spend this money and stop complaning...

@bodejohn while I agree that the cost of doing biz is high in nigeria, I don't agree with doubling the cost of decoder. You may recall that the decoder itself is not the source of income but the monthly subscription.
There is no extra investment in satellite television in recieving countries like Nigeria so where is the extra cost coking from? The argument on car importation is a govt edict (though senseless ) you can see where the increase is coming from, so where is the double pricing coming from ?

I recently got a DSTV Explora (which in my opinion should have a trade in option for previous decoders) for N65,000 but on arrival in south Africa a couple of weeks later i was informed that the same explora goes for ZAR 1,999 (about 35k rough conversion)
I asked why this was so but the guy could not give me any explanation other than that Nigerians can afford it. When i asked if i could get one there and transfer for use in Nigeria, to which he promptly declined. I was shocked and angry

Why is that any and every nation can take a pound off flesh from Nigerians in our own country? What has happened to consumer protection?

Its sad that these things happen and everybody turns a blind eye