₦airaland Forum

monerozi5590:
I am seriously waiting for this, investment!

Bros what can one invest in?

till you have enough to build your own gas or wind turbine,every farm.

ItsTheBachelor:
What makes you think l want to become the next political class?

unless upper name is Nzeogwu, you do.

And how are you sure l'm not wielding a gun as l type this?

nobody's dead yet
si na only mouth you get

You also assumed l've never been a war situation before. Well,that's irrelevant.

very relecant cos when the horror comes home
most men start crting fir their mommies. aimoye

In anycase,l don't expect every Nigerian to be brave enough to fight injustices. They've been engraved with the Stockholm Syndrome.

bit really
they ve never seen example so they don't know how
shebi wole soyinka showed them how and iys gone mainstream
we're learning everyday albeit very very slowly

But there are still does who believe there can't be peace with no justice

nobody cares what they believe only whether they put their money where their mouth is

and willing and ready to change the status quo at any cost.

they're not willing or ready to do natin.

davidif:
Its not their fault,

yes it is
I used to be like you
nobody owes you anything
politicians are fighting for their own
we better fight for ours

its the job of the fed govt to create a climate

it's our job to elect non useless ppl
and stop collecting rice

where it is easy to run a business but they have failed to do it time and again. Nigeria consistently ranks as one of the most difficult nations to set up a business in.

naija is one of the easiest places to stay a business once tot have your money. even oil biz, just settle the needful

o boy for Yankee you go fear number of permit just to open hairdressing salon

There is hardly any infrastructure.

agreed but Nda byoi get us be dat
its not easy but it is worth it

There are no loans

there are

and even if there are, the interest rates are too high (prohibitive)

cooperative loans are not
and the profit here no be here o
you can make profit from 1 axre in Nigeria but even 5000 acres you'll be struggling to survive in Yankee so ojoro cancel

but instead of the govt to focus on that they are trying to stand in the gap to create a wealth themselves which is not sustainable in the long run.

this is why we need to go to our ground game or perish. no time to lament like our elders lamented for 56yrs

989900:
As annoyingly repetitive as it may seem, we can't get out of this quagmire without addressing the below 'causes' -- even if we devalue the Naira to N1,000 to a Dollar!

1. Check excess liquidity and currency racketeering/fraud (see Henry Boyo's explanation. . . I have posted many stuffs about it previously), while promulgating industry revolutionizing monetary policies.

2. Amend our laws to draw in investors (use propaganda if need be).

3. Amend power generation and transmission laws to attract investors in that sector . . . do everything possible on earth and beyond to achieve at the least, 15 hours stable power supply averagely (this would catalyze industrial revolution, while reducing demand for refined pet. products).

4. Refineries -- we need all four gov't refineries, and tens of modular ones running since last decade -- until we stop the importation of refined petroleum products that eats up, up to 30-40% of our Forex, we are going no where!
We were bringing in hundreds of millions of dollars in the early 90s from refined products exports, right now, we should have colonized West Africa with NNPC products everywhere (refined products have no OPEC cap)!

5. Encourage exports, and local content.

Re: Senator Bruce: As much as I admire his vigor and enthusiasm about the whole 'buyNaija' awareness, it's just a fraction in the scheme of things!

While importing palm oil from the same Malaysia we introduced palm oil to, importing eggs from South Africa we fought and paid to liberate, importing rice from a politically unstable Thailand, or toothpicks from hell are all 'weirdos', they account for far less than what
importation of refined petroleum products cost us; then we have the importation of aircrafts and parts and servicing which costs us hundreds of millions of dollars annually -- but Bruce believes it's about our average $20-$50 shoes or bags, $100 phones, or what-not (roughly 10-20 percent of our forex demand), or about our cheap $5,000 cars which by the way generates income for customs when they 'land', while gov't and it's officials are actually the ones bringing the forex gulping machines (probably without paying custom duties).
NBS just released a report indicating between January 2010 - September 2015, we spent over N20 trillion (roughly $130 BILLION . . . 2014 dollar) on just importation of PMS, AGO, and DPK alone!
Same refined products we mine from our backyards, same refined products we were net exporters of (raking in millions of dollars from), 25 years ago! If this is not madness, what is?

Re: Ifeanyi Ubah: Though he is yet to disclose his so called "secret" or magic wand (but I guess it is: probably supporting the country's fuel import-consumption . . . probably for some while).

My own idea of bringing the dollar exchange rate to below N200 in say 3 months would be namely:

Stop the importation of refined products now and find alternative to how we survive without it -- it gulps 40% of our forex!

Crazy, right? However, we probably can (everyone's contribution and criticism would be helpful here), if the gov't is serious about it, and if it can carry the people along especially with the budding awareness of the demise of our economy.

1. Get the NNPC, special task forces, Armed forces, and the people on board as regards protecting the pipelines.

2. Get NNPC to make sure the refineries do not slouch again, rather, increasing in production.

3. Get the few trains we have working, and create an awareness on conserving fuel.

4. Provide very affordable mass transit buses, while encouraging car owners to shed usage, or re-introduce something similar to our old 'odd number/even number system' for cars that should have access to the road on particular days.

5. Provide gas, give free/cheap cylinders to boot if necessary.

6. Power: without fairly stable power supply it will be a difficult one. Fairly stable power reduces the need for PMS and AGO, reduces importation of generators and alternative power equipment.

7. Checkmate cross-border fuel smuggling.

8. Modular refineries: they can be imported and made operational in months.

9. Sell off some portion of gov't assets to foreign investors. #ppp

Additionals:

10. Encourage Nigerians overseas to invest back home.

11. Recover all debts, 'stolens', and 'accruables'.

12. Reduce gov't recurrent expenditure and buying local for all gov't purposes if available -- starting with them senator's cars, and presidential budget and travels.

13. Consider changing currency colors.

14. Agric exports.





If we can do all the above (sounds crazy though . . . desperate situation calls for desperate measures), our refined fuel consumption rate should drop to 'near' what NNPC can support, or at worst, greatly reduce importation of refined fuel by more than 60%. Then we "buynaija"; the Naira will firm up, and the CBN can probably tweak the exchange rate to gain say N2-N4/$, which will indicate a direction of positive purpose, causing the BM, hoarders, and racketeers to panic-sell their dollars, while the CBN tries its best to enforce and enhance/support a strict range for bank rates.

Devaluation in our case', is a symptomatic approach to a systematic malady: underlying causes won't be cured!
It's like taking paracetamol as a curative for stage 4 cancer -- it 'probably' might make your pain dissipate (very likely it won't), but just for a very little while.

*Everyone's contribution and criticism would be helpful here.

1. who are the 'we '?
what will the corrupt be doing all this while, looking at you ba?

MrBrownJay1:
ARRANT NONSENSE!!!!!
Aunty A got married because she is highly skilled in the bedroom and was able to fulfill ALL of that man's fantasy. Anal, she does it; 3sum, she is down for it; lick his aasss, yes daddy; dress as Catwoman while dangling from the chandelier, she is down for it. WHY?! Because as a wh0re, fukcing is her job and she is DAMN good at it... And the best part of it all is that, aunty A will never dare to stop this man from having mistresses, as she knows the game!

Now, aunty B certainly shouldn't make herself more absent, but instead, she should become the freak that her man desire, without bringing BS excuses (in the bedroom) when he wants to do all the dirty sexual stuff that is in his mind. Anyone who don't want to abide, will just open the door to their union to all the aunty A out there, who will gladly satisfy your man. If you want a man by your side, then become the freak that he desires!
MBJ

guy chop knuckle.
in shall be well with you
your chudren will bury you
you will not bury them
you will eat the fruit of your labour
Abeg tell them
they think it's to only form good girl or issuing ultimatum upandan
who wan marry public dog unless you wan treat am accordingly.
aunty a quick see husband no mean say na happy marriage.ask aunty mercy and aunty toke

sekxy:
so moral lesson is to stop being a good girl.
chai..oriegwu

if you want to marry fast. to marry well is a different story. ask mercy aigbe

DisGuy:
why are you bothered about the lives of bankers..you are just a customer focus on your own business and life

why do they bother us with sack stories. did they share the money with us when they were misssending it.

discman2k2:
Expensive and lazy, wt "too much money syndrome "
making them equally dangerous.
One should just either get a junior relation or wait patiently uuntil his/her kids are grown to the age of helping out wt house chores.

or buy bulk food from buka or caterer or do food pool with other wives

OrestesDante:
Above 100k? That's an understatement S7 is still sold for over 260k. For S8 there is going to be a minimum of 50k-80k difference.

yet ppl are crying recession

obembet:
Hmmmm, this is great improvement but if u are a banker, save for ur back up, prepare for another cos your service may not be needed anymore ... This is gonna affect many bankers

you de mine d mumu dem. na designer shirt and woman den go de spend ontop instead of investing

seunlayi:
People are just rushing to comment. Is it 32 litters or 32,000 litters?
The story won't add up unless that disparity is resolved

guy you think Nigerians can see straight after they heard 6 Milla.

thesicilian:
That's one of the things I hate about law. Just too complicated for non lawyers like me.

can't you read. what's complex about law it's written in English

delzbaba:
32 litres is equal to 6million For which country

I wonder o. ppl just see 6 million their brain no gree click again

ItsTheBachelor:
Coward!

not being stupid is not cowardice
fool hardiness is not bravery
if e easy why are you on nairaland and not bbehind a gun
When l say revolution l'm not referring to a CIA sponsored uprising.
Read about the French Revolution to have an idea of what l mean.
For things to change in this country something drastic has to happen.
I used to think so
but age and wisdom have shown me there are other ways
And IT WILL HAPPEN. pray it doesn't
I was trained by armed forces
don't ever pray for war
it's not sexy like in the movies

and you think our ppl are ready to die for you to become next political class. how many revolution have happened since 16 century. remember population was small.

jonhemma11:
As part of his efforts to discourage idleness and support the less privileges among the people of his constituency, the senator representing Southern Borno Sen Mohammed Ali Ndume has presented Keke Napeps to some youths and APC chairmen of Southern Borno.

Aimed to make them self reliant ,the gesture was described as first of it kind in recent time.


Source: http://www.trezzyhelm.com/2017/05/suspended-senator-ali-ndume-donates.html

why not tractor

decatalyst:
Now, this is called innovation and thinking outside the box.

He deserves to be encouraged

is called love-vendor his ride

olujastro:
Rubbish!
These yeye newspapers have started dishing out yeye 2019 political headlines just to sell their newspapers. Next week will be "APC Councillors Dare Buhari!"
Apart from Channels TV that has being doing back to back focus on performance of each federal ministry in relation to campaign promises, the rest are just 'catchy headlines outfits', especially Vanguard and Daily Sun.

na you go epp dem sell d paper?

Jeffboi:
Yes bro

yes o. we need to industrialise (tractors,mining and manufacturing machines).manual labour about epp us

Mophasa:
Serves them right, I wish the guy luck

When there are many unemployed youths over here who can even cook better

I wonder why we value foreigners so much in this country from philipinos to red Indians, lebanese, now even contonu sef

It's high time we do away with the so called "expatriates" and embrace our local skills and talents

My opinion

our youth are expensive

Goodnuel:
He cooked the properties..

Why do people even hire guys as cooks??

d wife no wan lose her husband to housegirl and they double as gateman security. cuz one get two free

LastSurvivor11:
To think that am part of the 1.9%..
I really feel blessed not proud..

Meanwhile, it's not how much you earn but how much ur willing to save

not how much you save but how much you invest

Safiaa:
Absolutely terrible

I have no words for this. We wonder why nigerians are scattered across the globe. Nobody wants to suffer in poverty. Person will work from 7am- 7pm and still recieve nothing. 50% of their income to transport. Hardly anything to enjoy. Its very sad.

why is it terrible. you work with hoe and cutlass and you want to be paid like person working with tractor.

JeffreyJamez:
I have always said it that the problem of Nigeria is not unemployment but under employment. There are​ jobs but​ the pay is nothing to write home about. Most graduates go abroad to become either security guards or valets all because the pay is good. That's the difference between Africa and the western world. When you see them saying they have reduced employment by so so so percentage do you think its by office jobs?...hell No!!.. it's mostly menial jobs,but no one complains because the pay is very okay. The problem of Underemployment in Nigeria needs to be taken seriously.

the problem is you're only interested in pay and not work productivity or utility

ItsTheBachelor:
Nah!!! We need a revolution. Total annihilation of the political class.

then you will become the next 'political class 'abi. and you think they will be looking at you. ask Syria Libya and Egypt. they will tell you better

GloriaNinja:
A CERTIFICATE OR FIRST CLASS HONOUR WILL NOT GUARANTEE A LUCRATIVE JOB, THERE ARE GRADUATES WITH CERTIFICATES THAT EVEN EARN LESS THAN 20,000 NAIRA, NIGERIA IS STILL A BACKWARD COUNTRY, THE AVERAGE SALARY EARNED IN NIGERIA IS JUST 18,000, WHEREBY THE POLITHIEFIANS THAT CONTRIBUTE NOTHING FOR THE SOCIETY EARNS ALL THE INCOME AND PRIVILEGE, I WEEP FOR NIGERIA.

correction. politicians feed hungry lazy cowardly Nigerians

Jeffboi:
While here in muscat a gateman salary is 420dollars, that's close to 160k in naira,

aka higher productivity. not by qualification but usefulness

LionDeLeo:
Ha! Abeg my power no rich to employ pa/driver oh! I drive myself, only use my spare time for other meaningful things.

Besides, if you are used to salary, you will understand what I'm talking about.

If for for instance you start receiving as much as 10m monthly as salary, bro, this is huge but I bet you, after about 6 months of regularly receiving that amount, you will certainly start looking elsewhere for upgrade. Besides, you live according to your salary. A worker earning 50k can't live same lifestyle as the other who goes home with 500k.

but he can pay PA 10 k to multiply himself over space and time.or even less for part time. believe me there are ppl who will do it for free, just pay his transport to wherever you send him and the occasional lunch. some ppl just wanna get out of their father house and stop being called agbaya for area. then once profit come you can afford to pay some stipend. trust me I was there once. 3 year. no income no experience just shame.learn to think outside the box.

deebsman1:
Because its sad, see the way those corrupt guys are lanking and doing anyhow they like knowing surely well they av d judges and d court under their feet. See saraki, see sule lamido, see fani kayode, see ekweremadu, all of dem dem. With Buhari looking like d only serious guy in dis said fight against corruption. Its tiring and worrying

so?
so if they said you should bring Was yansh they want to Bleep you, you will agree because they have money and judges?
if armed robber r come cash you for house you will surrender without a fight even though WV know they raped your neighbours wife children and him himself, you will just give up? na WA o. don't forget Uintah challenged them and won. they don't have two heads my guy. get in the fight and stop moping. man TGIF Bleep up.

Vision4God:
Eko oni baje

Lagos landlords......hhmm

go build your own no collect rent see if e easy

leofab:
Shameless

much better than you youth that refuse to take mantle of leadership, waiting for 'them ' to give you on platter. lazy mofos

slayking:
You can start selling UK bale clothing.

Quote me if you need help.

is it not illegal

who hol you the non thieves?