₦airaland Forum

BAGGYZONE:
Bros, you mix up two different things and dey teach class 😂. ‘Egg banking’ for my talk na market slang which means bulk egg supply/wholesale. The one you dey yam about (human egg preservation) na medical procedure, hospital and lab work, totally different context......So if you wan argue, at least try understand before u comment 😂. Me I dey move crates and collect weekly balance; you dey reason IVF and cryo like na you get lab pass. Ask for help if you no sabi, abeg.

Lastly,

When person say ‘add liver to fried rice’,.... E no mean say na human liver from hospital dem dey fry. Same way egg banking no mean say na hospital lab matter.....Na street supply we dey run, simple.

U want a fight and I don't have time.... I'm to busy for that so I won't fight with u...

No bro you're the one who's mixing things.

English is English slang isn't English. Because words you might take as slang might mean something else to another person that's why once it's not spoken properly it becomes confusing to the hearer.

Let me give you an example. Perch means when a bird rests on something right? That's the English definition for it. But during my schooling days we made a slag out of that word and it meant cool down. So if I want to tell you to calm down I can easily say guy perch.

But I wouldn't argue with anyone that perch means cool or calm down cos I'm fully aware that - that's not the dictionary definition of it.

In my area I know them as egg dealers and those who preserve eggs as bankers. That's the English word for both of them which a dictionary or chatgtp can easily confirm.

You're the one creating the confusion cos your slang is known only to your circle not the general populace. 😏

Skydivine:
You are talking about human egg freezing for fertility stuff but he is talking about paying up front for hen eggs from farmers and taking delivery when price is high. Then he can sell for more money. Alternatively he can do high turnover for smaller margins which accumulate faster.

He's the one who confused me by saying egg banking.

This is the meaning of egg banking.

It's obvious that he used the word without knowing it's meaning.

BAGGYZONE:
Bros, if you no sabi, ask for help 😂. Whether I call am egg banking, egg flipping or egg waka, e no change the principle........You buy cheaper from farm, traders balance you after sales, and another batch don already move. Na volume dey bring the steady cash every week. While some dey argue name, others dey cash out....Labels no dey pay bills, results dey 😎.

No bro you should ask for help. This is the meaning of egg banking.

You're an egg dealer not an egg banker.

There's a clear difference between the two words.

BAGGYZONE:
Dey play? I no look like footballer wey dey run up and down for field 😂. Egg business no be lab matter abeg.... Na pure supply flow, buy from farm cheaper, drop for traders, dem balance you after selling, and you don already move next batch......Na volume dey make the money steady every week. No microscope, no billions… just small sense and consistency.

You said egg banking in your previous post.

What you described here isn't egg banking.

You no even know business way you de do.

omooba969:
You and Folake4u are now in the same WhatsApp group...lol

Man Utd lulẹ !

Chelsea lulẹ !!

Never. God forbid.

I defeated Chelshit last week meaning I'm better than them...

folake4u:
Manure that doesn't deserve to be called a football club sef dey talk. This is hilarious. 😂😂😂

Gooooooooooooal it's now 3-1

Abeg no talk for where Manutd de. Chie. 3-1 home loss to common Brighton.

omooba969:
How far?

Is it Amorim's fault?

Our players are useless.

Folake4u they are flogging Chelshit at home. Seems Chelshit is worse than Manutd this season.

It has gotten worse.

Our airport is horrible. Banks, churches, even where I live, the securities there wouldn't let you rest. If you're driving in or out, bye bye sir welcome sir happy weekend sir... Etc. Everywhere you turn to someone is begging you for money.

The other day I was visiting a friend around ayobo so I decided to go to Jendol (supermarket) to buy bread. I love their bread so much.

As I picked up the bread and was heading to the cashier to pay and leave, one able bodied guy just walked up to me and told me in fluent English to pay for him. I looked into his basket and saw it was filled with all sorts of things. So me way just carry bread I no get sense ba. I just looked at him and hissed and continued walking away.

Most people have taken begging as a job cos they make more money from it than people who work legitimately. And it has made people who genuinely need help unable to get it. These days I don't pay any attention to strangers walking up to me to ask for money.

BAGGYZONE:
Not true bro. With ₦3m capital, I dey clear like ₦180k steady every week from egg banking. Na daily need hustle wey people dey overlook, but e dey pay pass plenty things wey guys dey chase.... Life sweet ooo.... Una no go understand sha😎

Lol. De play.

You'd need a lab worth millions to be able to effectively store the eggs. And if 180k is what you make after spending billions to setup your laboratory, I won't call that profit.

But I know you're just catching cruise tho.

Penalty missed by Bruno. Honestly these squad needs to be scrapped.

Penalty for Manutd

folake4u:
I don't bet.

Put your money where your mouth is.

omooba969:
Nazgul, I have a drink for you here o!

We're winning today. The match isn't over yet.

folake4u:
Una go lose.

You wan bet?

folake4u:
Welldone Brentford for helping me disgrace Manure United.

They're paying for their sins towards Chelsea.

GGMU MUMU club.

Cc: Nazgul.

Match never finish o. We're definitely going to win this one as we did to Chelshit

Apart from gambling which isn't even guaranteed, it's almost impossible to invest 2m in a geninue business and get 10m after 12 months.

Businesses takes time to mature, and 2m in this economy is nothing. Meaning even if you want to go into fast moving business like foodstuffs as most people here suggested, your 2m investment would get you almost nothing.

Beans is about 95k per 50kg bag

Rice is about 65k per 50kg bag

Meaning if you buy 10 bags of each, rent a shop and sell them in derica at retail prices you'd spend 1.6m acquiring them (that's minus transportation and other miscellaneous)

Those 10 bags might take you between 3-4 months before you sell them completely. Depending on the location of your shop and the level of competition you have.

So let's look at beans...

Cost price of 50 kg bag of beans: 95k

1 derica = 1 kg of beans (close estimate for pricing)

Selling price per derica: 2,500 – 3k ( in Lagos, depending on location/market)

50 kg bag gives roughly 50 dericas, but due to spillage, stones, beans shells & measurement differences, sellers usually get 48–49 dericas per bag.

Profit Calculation

N2,800 per derica for 49 derica would give a total of about 137,200. If you minus 95k from it which is your cost price, you'd get N42,200 as profit per bag.

You should know that transport cost, market levies, storage, and owomida people can reduce that profit slightly.

So realistically, you can make about 42k profit per 50 kg bag of beans when selling in dericas, depending on your location, price, and efficiency.

If you multiply it by 10 bags you'd have 420k and if you do the same for rice you'd have about 840k. If it takes you about 4-5 months to sell off the bags then you should know that you won't even make your principal (2m) after one year let alone 10m.

So like I said, every successful business needs time to grow. Anyone promising to give you 10m with a 2m investment after one year would end up scamming you.

Cum4me:
Most niggas are not rich as you think. Many are old takers one thing you have to know is that when a pay client is gone you're already living on old glory but many won't understand. He might be taking some responsibilities about the family that you may not know. But a person with good heart will always do his best to keep his beloved mother healthy. Don't try to judge a book by its cover many ballers are not what you really think they got.

No one with a good heart would venture into fraud in the first place.

Nigeria is the only country in the wold where a girl who's father or brothers don't have a bicycle yet she'll mock guys driving cars no male in her family can afford.

where a jobless girl would call a guy earning 500k broke.

Where a girl using an iPhone of over 2m and above would be begging guys using android to sub for her.

Where a girl living in a face me I slap you with her parents would mock a guy living on the mainland.

Most Nigerian girls are shamelessly unproductive.

NiRfreak:
In 2004-2006 this could actually get you true love. I remember those days

If you said in the 90s I would have agreed, but In 2006 this kind of setting was already outdated. LG dvd sound system and flat screen TV was already out.

So someone with this stuff would be considered old skool.

See this one.

I'm a Manchester united supporter and I'll support Manchester united with my life.

Everything and everyone comes second.

omooba969:
For your mouth, Nazgul?

Ok o!

Don't tell me you're an Arsenal fan. 😏

fergie001:
A 2-2 draw or City wins..

Endorsed by prinsam30 ray07 doomsday nazgul angelfrost kyase obidientnaija wordson lamasta numeeouno94

A loose for Arsenal is welcomed. Cos Liverpool are yet to convince me this season. All those late minute wins cannot last forever.

Manutd just needs to start winning matches so that we can close in on them.

Thst Enugu Nssuka road is very dangerous. I've been hearing cases of kidnap along that road of recent.

I'm not a fan of boarding school. I wouldn't feel comfortable sending my 10 year old (or less) child away to a boarding school. The child is too young biko.

None of my kids would go there. They'll all attend day school.

It's all over.

A well deserved victory for Manutd.

Chelsea are knocking on the door. Can Manutd hang on?