Manie's Posts
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sammyotukoya:I hope he has a prenuptial agreement in place |
This is another topic that was discussed on concerned parents and educators network. WHEN GRANDPARENTS ARE THE ONES PAYING THE SCHOOL FEES..... Special greetings CPE Members. Trust you had a wonderful week. I think I have missed my regular Saturday posts, so I need to get back. Too many issues arising at the same time and I just could not stop reflecting on this . During this week alone more than four Ladies told me...Yinka, you need to know how many grandparents are paying the school fees of their grandchildren ..whilst still on that , another lady stated ...please please, some are even still paying their house rent even after years of marriage. I took a deep breadth and began to wonder ..it's so easy to get into a situation like this. I remembered when we started out with no single furniture except a funny looking table. We had no TV,,,but fortunately we did a save to own with one very kind Electronic store nearby and finally proudly acquired a 20" or 21" Toshiba Television. We sent our children to schools within our income. Now, i am being told things are different, we need to support them. I fully agree we must support. Where does it stop ? Where does it begin. Are there ground rules. I certainly do not have the answers, I am asking myself when I become a grandma, would I be tempted to do the same because I want my children to go to that dream school I wanted for my own children and could not afford. Or would I be strong enough to allow them live their own lives and live within their income. Is this an Elitist problem. Grandparents footing all the bills and making sure they maintain the lifestyle they are used to. We are living in unusual times and dynamic times. The rules are changing but my question remains Should grandparents be responsible for the Education of their grandchildren( not on a short term basis), Is it a responsibility that augurs well for the development of all concerned... My friend's daughter jokingly told me " the problem Mummy is that we are used to AC ...you can't now tell us to step down" Hmmmmm. I can't but sigh. I sincerely hope our very experienced Mums and Dads would share their thought on this |
Sunnypar:This was also discussed on the concerned parents and educators network. |
Sunnypar:Always endeavour to acknowledge the source of what you share here. This was shared in April 2016 by the concerned parents and educators network on facebook. |
manie:https://www.nairaland.com/3096925/efcc-arrest-first-banks-executive |
http://newspeakonline.com/efcc-arrests-first-bank-executive-director-dauda-lawal-over-diezani-alison-maduekes-funds/ The Economic and Financial Crimes Commission (EFCC) has arrested Dauda Lawal, First Bank’s Executive Director, Public Sector over $55million allegedly received from former Minister of Petroleum, Diezani Alison Madueke, Sahara Reporters reports. |
manie:There is something about the Nigerian economy and market, which the average Nigerian investor does not see. I see these guys at GSK and Unilever, coming up with another trick in order to corner the wealth and future growth of these companies through through the raising of foreign denomination reversible corporate bonds. That was the strategy used by the foreign investors of Cadbury when they wanted increase their holdings about 18 years ago. |
mercylicious:While Nigerian investors were busy reducing their holdings, these Foreign Direct Investors are thinking of increasing their holdings for strategic purposes. Thank God they lost out with their bid in GSK and Unilever. Nigerian investors will not want a repeat of what happened with Nigerian Bottling Companies, whereby the core foreign investors delisted the company from the Nigeria Stock Exchange after acquiring 75% of the company. But the company did not deem it fit to exit the Nigerian consumer market, Nigeria Bottling Company products like Coca cola, Fanta, Sprite etc are still in top demand in the Nigerian market but Nigerian investors are not good enough to invest in the company. |
BIAFRANFLAG:I am surprised that your own comprehension of Lagos IGR, is that the money will be shared by the 19 Northern states. FYI the money shared by the states are the revenues/income paid into the federation account, local govt IGR, states govt IGR are not paid into that account. |
BIAFRANFLAG:What is the relationship between Lagos IGR and what you wrote down? Just asking ............................................................................................................................................................................................... Your GULLIBILITY is quite appauling. You're celebrating revenue that will be taking from you and use it to fund the 19 states of Northern Nigeria. You should be shedding tears because of this injustice. Northern NIGERIA has the highest number of local government and as such the larger chunk of that money will go to them. |
Ontarget:The money is not much. An IGR of N100 billion in the first quarter of the year, will translate to about N400 billion at the end of the year. N400 billion to be used for the 20 million people in Lagos is about N20,000 per head. Government need to drag more Lagosians into the tax net, while some of us are heavily taxed in fore of income tax, withholding tax, land use tax, development levy etc, we still have up to 80% of the taxable residents who are not paying their taxes. |
doublewisdom:Beauty is relative, what you are looking for in a woman is different from what T Billz is looking for. |
Shoobineh:Ojokoro is not in mainland. Lagos is divided into Island, Mainland, Overland and Upland. I think Ojokoro is in Overland, Odogunyan in Ikorodu is in Upland. |
BIAFRANFLAG:You are a pseudo intellectual as per political, economic or financial matter, the worst thing to happen to one is to think you know, when you know not. Lagos IGR belongs to Lagos State government. The fund or income that goes to the federation account for sharing by all tiers of government are the following. 1.IGR by Federal government 2. Value Added Tax, Corporate tax, capital gain tax and other duties, levies and tax by the Federal Inland Revenue Services. 3. Income from the customs and excise dept, NNPC, NPA. 4. Income from sale of crude oil and other exported products. FIRS generated a toatal of N4.6 Trillion in 2014, and VAT contributed over 15% which is about N690 billion. Businesses and consumption in Lagos State contributed about 50% of the N690 billion VAT, which is about N345 billion. The N100 billion IGR of Lagos in the first quarter does not include VAT or corporate tax. |
Favored4gud:ask from sincere builders or experienced real estate invertors. |
Tripleclick:The total debt is about 50% of the annual IGR, excluding the monthly income from the federation account. Note that the IGR of Lagos does not includde VAT and corporate tax. |
Tripleclick:http://www.vanguardngr.com/2016/05/japan-invest-1bn-lagos-mono-rail-project/ Meantime, the state government generated N101.69 billion revenues in the first quarter of year 2016 appropriation year, even as it had secured $100 million about N19.7 billion loan from the French Government to upgrade slums in the state. Lagos is indeed a State within a State just like California is to the United States. They can survive without Federal Government!!!! copied from SMN www.stockmarketnigeria,com |
Tripleclick:Lagos borrowed the loan from World Bank, but with a guarantee from FG. Meaning FG can use Lagos State monthly allocation to pay the loan, if Lagos defaulted. N100 billion generated by Lagos is about $500 million, which is about $2billion in a year, but I doubt if Lagos current debt exposure is up to that amount. |
Tripleclick:The so-called foresight and development in Western region was when Awolowo was the Premier of the region, which was well before the war. |
Tripleclick:Please educate yourself, Lagos State got funding through bonds from the Nigeria Stock Exchange, becuase of my confidence in Fashola I also invested in the Lagos State bond. Lagos got loan from the world bank for some specific project like drainage, flooding control, infrastructure etc. African Development Bank was established to fund states and govts who meet up with their minimum standard. http://venturesafrica.com/heres-what-you-need-to-know-about-the-approved-200-million-loan-for-lagos-state-nigeria/ https://www.naij.com/476994-lagos-borrows-another-n39-4bn-loan-from-world-bank.html |
Tripleclick:Our leaders need to start from somewhere, we need forward thinking leaders in Nigeria. The Lagos that was the Federal Capital of Nigeria, was just 5% of the current Lagos. The federal capital included Lagos Island, Victoria Island, Ikoyi, Ebute metta, Yaba, part of Apapa, and some parts of Surulere. The boundary of Lagos and Western region toward Ikorodu road was Jibowu, the boundary towards Victoria Island was Maroko, while there was another boundary at Ajegunle Apapa, that area is still known as boundary till date. Awolowo established Industrial Estates at Ilupeju, Apapa, Matori, Isolo, Ikeja, Ogba, these Industrial estates are still present till date, he established Agricultural settlements at Oko Oba, Lekki, Ajah and some places in present Lagos State which used to be under the Western region. Western region through Odua Investment, invested heavily in companies like Guiness, Nigeria breweries, Vita foam, WAPCO, Nigeria Bottling corporation, Nestle, Cadbury just to mention a few. Unfortunately subsequent military governors mis-managed the investments of Odua. Odua governors are current having investments and economic summits, they are also thinking of collaboration, instead of waiting for a FG, i think our governors need to take their destinies into their own hands. |
codemaniacs:LASAA is compulsory for advert and publicity, local goverment have certain taxes, dues and rates which they collect from businesses. |
Tripleclick:Financiers will not grant more loans if the current one is not performing. |
Tripleclick:Dangote also has the highest debt in Nigeria if not in Africa, yet financiers are still willing to loan him more funds. There is no big deal on the size of your debt provided you are capable of servicing it as at when due, what matters is your credit rating and I guess Lagos has one of the best ratings among the states in Nigeria. |
Tripleclick:Can you please outline some of the resources, so that we can share ideas. |
desmond2pk:Business owners are the one suffering the increase in income by LASG. The new Chairman of LIRS may end up killing small businesses in Lagos. I just got a letter from LIRS for my PAYE tax audit from 2009 to 2014 and I was billed a tax liability of N2.6 million, eventhough I paid my income tax as at when due. I have written them, challenged the tax audit and made additional payment of 30k, waiting for their invite in 4 to 6 months time so as to compare notes and records. LASSA collects about 50k per annum for advert, land use charge is about 100k per annum, PHCN is about 500k per annum, local govt papers for my buses is 40k, vehicle license and insurance etc is over 100k. Land use charge is also over 100k per annum. Do not be surprised if Lagos makes more than N100billion in the current quarter, because prosecution of tax defaulters will commence in the quarter. |
Intendy:This just an average of N50 million per director, which is not too much. I think we need a break of what each bank spent. FBNH spent over N1billion on the directors in 2014. |
berrystunn:Nnewi is 1000 times richer than Anambra. Yes Nnewi is richer than Nigeria, I concur. I also read and learnt that Nnewi is richer than West Africa. This is just one of the few examples of how a part can be bigger/richer than the whole. |
Cubeet:Are you a chest beater? My post if for the chest beaters who claimed to own and developed other lands, just admonishing them to replicate their purported feats and exploits in their own region. Charity for normal people begins at home and not from abroad/foregn lands. |
Cubeet:I have investments in my state, which is Ogun state. I was referring to chest beaters, I doubt if you are one. |
Johnpaul2k2:The Chest Beaters will do well for themselves and their unborn children, if they can replicate just 10% of their so-called achievements made in other places in their own region. What will it profit a Chest Beater if you develop another man's land, but you neglect your own land. I think charity begins at home, but to the chest beaters it appears charity begins in a foreign land. |
https://www.nairaland.com/3090584/family-pics-corpse-ronke-shonde This is Ronke Shonde and her husband, Lekan Shonde. She was found dead in her home this morning and her husband is missing. He is believed to have beaten her death during a domestic dispute in their home. See her family photos and photo of her corpse after she was found this morning, after the cut. She leaves behind two young children. Please ladies, your life is not worth any marriage. At least think of your kids. Who will take care of them if your man kills you...who? |
