₦airaland Forum

CocoaOla:
Nigerians are mumu ICE car is a total waste of money zero efficiency compare to electric car go green and stop polluting the world 60 percent of your gasoline is been wasted as smoke in combustion

Electric car offer the best efficiency and zero maintenance only tires

IN ELECTRIC CAR NO CATALYST CONVERTER NO POLLUTION
NO POLLUTION NO CATALYST CONVERTER SIMPLE

How will you charge said electric car in Nigeria's with an epileptic power supply? How will you go on journeys without any charging infrastructure available? How will you afford the upfront cost of purchasing an electric vehicle?

We are a long way from mass adoption of electric vehicles in Nigeria, assuming that possibility actually exists.

Request
HP Laptop
* With box
* Pentium processor

Please quote with your price.

Request
Nokia 8.3 Dual Sim

Qatar2022:
There are things that don't suppose to be in the hands of individual

I understand what you mean, but Nigeria's socio-capitalism is just a facade that masks wanton corruption. I can tell you that most sectors of the economy are controlled by certain groups of individuals.
Why not lay down guidelines on how mining and other extractive activities should be done, give out prospecting rights and collect taxes on minerals extracted. It's that simple, just regulate the industry. You can only imagine the amount of jobs and development this would bring long term.
With all the money Nigeria has made from being the sole owner of these extracted raw materials where can feel its effects.

Qatar2022:
This country you are talking about can't compete with America then and now and mostly their government need it

Do they? What does government really need?

How do you expect it to work, do we even have the infrastructure to support such a program. You think you'll keep someone for a month or so and then completely change that person?

doggedfighter:
Why's their skin ashy? Is it the terrain?

That Lion looks too well fed to escape from a Nigerian Zoo.

How I wish it attacked Boko Haram

That one posing there in camo, is he a soldier or those ones destroying beer up North?

Just my thought. I was expecting to see a scrawny frame.

innobarca:
Lol.

Laptops are scarce and expensive at the moment

I understand.
But if you have it let me know the price so that I'll decide if I can afford it. I want to buy it for the nostalgia, I don't really need it.

innobarca:
If you hear the current price now ,mehn

You don make fear dy catch me already

alausaone:
another opportunity in ESTONIA is purchase of heavy duty trucks especially Man diessel and DAF TRUCK

How do you mean?

innobarca:
Sold.

Money received from Abuja

Please do you still have another like this?

kpaofame:
That said, the US have not placed a ban on crypto, some financial institution there are even about creating atm and atm points for crypto transaction. If they did not follow their own FBI advice to ban it...why is CBN so fast to act on the advise

Yes they've not banned it, but it's heavily regulated in the US. You pay capital gain tax on any BTC you own. And the US mandates that all exchanges that cater to US customers carry out extensive KYC. So, yeah, they've not banned it but they know who owns what.

AntiNigerian:
my entire savings are in crypto and it keeps appreciating every day, so what are you saying? .

Meanwhile go and buy some burger swap coins , that coin will soon blow! Can't wait to be rich! I already have close to 10!

I'm happy for you. Just be careful.

justinator:
Unmask both sender and receiver?... How possible ?

Every transaction is openly available on the blockchain. Most people reuse Bitcoin addresses, this makes it less anonymous. If you check many blockchain explorers you will find out that most exchanges have addresses that are linked to them.

Having the powers of a nation state, if you put two and two together you can easily find out who is sending what to who.

Even if you try to leave no traces, the person you're sending to might be using an address linked to an exchange. The US can easily get their records and find out who received the money you sent.

There will always be traces except if your exchanging your BTC for physical cash and never reusing wallet addresses but even then it's hard to say how safe you are.

Nigga44:
Transaction fees for btc is actually lower than local bank transfer.

And yes, I can keep my life savings in bitcoin. Infact, I currently have about 90% of my entire savings in btc since march 2020. A lot of people I know do too. This is mainly because our naira is in a free fall.

Some of us traders don't actually see btc as a currency..... but mainly as a hedge against inflation. Our naira is almost worthless and even the Us federal reserve is printing dollars like crazy.

Well, except if you're not bothered about the time it takes include you TX in the next block, most nodes prioritize TXs by the fees attached.

You have a point on the inflationary nature of the Naira, but Bitcoin as a store of vale is only for the brave.

SavageResponse:
Yes fiat can also be used for illicit purpose but it leaves a money trail...crypto is virtually untraceable because the effort and resources required to trace it is very massive

True, but for a nation state it is negligible. Bitcoin leaves traces to, that's why you have bitcoin mixers that try to anonymize ownership by rinsing coins. It is only then that it becomes difficult but trust me the NSA or CIA or some other three-word US agency already has an algorithm to do just that.
In fact, if you google around you might find research papers that show how to do just that.

There is no true anonymity on the internet, only pseudo-anonymity.

GeneralPula:
Gov knows this.. They’re not daft and it was one of the reasons they’re avoiding btc market by all means.

Should 80% of citizens venture into bitcoin... Banks are in super problem !

No, banks are not in any problem. Bitcoin has terrible UX. Transaction charges are higher that what you would pay locally at your bank for transfers. Where it shines is in it's decentralization which makes it censorship-resistant -- nobody can block your account or stop you from sending money to anybody. The sad thing is not many people have use for that feature so Nigerian banks are safe, or would you keep your life's saving in BTC?

Billyonaire666:
Makes no sense.

If you invest $100K on bitcoin as a store of value, you will expect it to double in value within a very short period of time, as a smart investor, you should withdraw the $100K in 3 digits batches and have just your profit sitting there to the moon.

The crypto future guarantees enjoyable future without work.

Just invest in future tech IPOs and ICOs and sit back and read books and watch movies and 'eat' from your money working in the hands of tech engineers and their technologies.

Savvy?

This is the future that your dull Federal Government is too ignorant to foresee.

I think "investing" in bitcoin is gambling. You should use the term "speculate".
Ask yourself what is the basis of worth that warrants the price it currently trades at -- what is it's intrinsic value?

Many are not as wise and methodical as you think, they end up losing everything because they are over-leveraged and greedy.

I think it more or less resembles a pyramid scheme in the current state that it is in. What happens when there is no longer new "investor" money coming in. I just don't get the craze for bitcoin and it might end in tears for many people.

Queenlovely:
f

Even you?

Truth is fiat currency can also be used for illicit purposes.

Also note that Bitcoin is not truly anonymous as blockchain transactions can be traced, they include IP and other metadata. With a little time and effort you can unmask both sender and receiver.
I think the main issue is censorship and control. The United States needs the Dollar to be de facto world currency for trade so that they can threaten and control other countries by means of sanctions, trade embargoes, etc.

They don't control bitcoin and it is a threat to their control and dominance in the international financial market.

There is something off about the topic of this post. I can't put my finger on it but it just sounds unnecessarily verbose.

Top of the morning.
I would be renewing my passport soon. I checked the immigration site and the field for NIN isn't compulsory, but I've seen posts here saying that it's mandatory although it was in respect to a fresh application.
Please I would like to get a definitive, if possible from someone whom has done theirs recently.

damoceile:
thanks for the heads up sir... I will try it then..
as for the birth certificate from NPC somebody here said he got his for ₦7500

Shouldn't be more than ₦2,000. I did mine at a government hospital for less than that. Plus they laminate it for you.

White Knight Syndrome.
What makes you think you can save her?
Be careful with humans -- male and female -- especially Nigerians.

Nigeria, we are good at "fixing" symptoms and ignoring the root cause.

Multi-taxation in this country is getting out of hand. Maybe reduce import tax on vehicles then.

juniorstar:
ppl should stop grading your wealth based on salary. its the poor ones that do DAT. we work in the same company and were employed at the same time DAT doesn't mean we should live in the same kind of apartment and area or my children and your children should attend the same school. or my wife should wear the same quality of gowns or materials or we should have the same money in my bank account. there is something called investment. the world of investment can fetch you wealth beyond your wildest dream cos some investment have comparative advantage.
some investment can fetch you as much as 2000%. but you must also consider the risk too. if they invested 50000000naira and their investment yielded 2000% that over a billion naira. but my own is DAT they should be able to explain how they got d money for such piece of real estate. I laugh when ppl think because we work in the same place we should have the same quality of living. when you see colleagues of your leaving apparently simpler lives than yours have you ever wondered what they have been doing with their money. they could be investing it in various businesses you know not of.

Reading the comments on this post you'll just see how simple-minded some of these folks are. Because I'm a Public Servant doesn't mean I should leave in penury. With financial planing, discipline and prudent investments one can really go far.
I actually saw a true example in a senior colleague at work. His pay is about 1.2 million but guess how much he takes home? Just around 300k, after the cooperative society takes 500k, NHF contributions, tax, etc take the rest.
When I saw his investment portfolio I was wowed. Massive portfolio of Nigerian stocks and real estate across the country. And he lives modestly.

People won't see that there's a method riches, to them every rich person is a thief or a ritualist. You can never hate rich people and expect to be rich, learn their methods.

Wolfeye:
Yup. Yea. Grace. Planning of life and other inexplainable bullshit...
Na why una go suffer FOREVER under ruthlessly corrupt people.

You don’t even have a clue what you are talking about but since it’s the first opinion from your mind your retardation will force you to defend it without logic.

Life planner and grace catcher. Weldone.

Lol. Take your bitterness somewhere else. They don't have any dirt on her. Do you know her family, her business or any inheritance she came by?
Use your high IQ to get out of poverty not venting your frustration and pulling at straws.

Mikester:
Not really though. People will take you for granted when you forgive too easily.

If someone offends you, don't forgive so fast. Create an impression that you don't like what they did. Let them be aware that you don't appreciate their offense towards you.

Let them realise the gravity of their offence, shun it, then you forgive

Forgiveness does not mean forgetting, nor does it mean condoning or excusing offenses.

In my opinion, there is no such thing as forgiving to early. Forgiveness gives your peace of mind, having pent up resentment and hatred towards someone gives them too much control over your life -- they determine your happiness.

Forgive but don't give that opportunity to be wronged again.

Wolfeye:
Some of una dey re.tarded. You can be earning 5m naira monthly... your entire life savings CANNOT buy or own you shit in Dubai.
First go and convert your dirty naira to their currency...

Some of una just like to yarn dust.
These people are thieves of epic proportions.

Like I said the onus is on them to prove it. Stop spinning castles in the air. I know people who are in the civil service and are millionaires and still some in higher positions that are living paycheck to paycheck even while earning millions. It depends on who fortune favors and how you plan your life. Stop hating, go and make your own money.

Lexusgs430:
Before you support evil, I bet you she paid cash for that asset........

Even if she worked for 40 years, adding all her allowances etc etc, she cannot pay cash legally for this uncovered asset.......

I bet you, she has many more hidden assets....... Did she buy all of them, from her 900K plus salary + allowance?...

I'm not supporting evil, I'm not saying it's right. In my opinion, if you're laying an accusation on someone you need to get your facts straight.
I can easily explain how she could afford expensive property, what I'm saying is that the allegations don't really have weight. With such salary one can easily make investments in Nigeria or abroad that could return more than the value of the purported property. And mind you, she might have been a judge for some 15+ years