₦airaland Forum

X21:
other points to note
choice of car- 1.6 or max 1.8 litres engine capacity will save operator fuel cost. good Nigeria use corolla can be gotten for 1.2m vs 1.8m on direct tokumbo.
Driver selection- a very key success factor. experience shows that drivers who were once mechanics or involved in repairs manage vehicle better. they easily diagnose faults and are not cheated by mechanics. Ensure that driver you intend to engage does not have large family else your delivery will end up for family upkeep. So many good driver start to default as family and responsibility increases. Ensure you do not engage drunk or addicts otherwise delivery will be used to fund addiction.

Which model and year of corolla can be gotten at this amount?.

LebanonCedars2:
Hmm.... First, I don't know how big your sofa is. However, let me give you a breakdown:

An average sofa should use use between 30 to 40 yards of leather, depending on the size and design of the sofa

Cost of animal skin ranges between 10k to 15k per yard.

Service charge for animal skin is between 80k and 100k depending on the size and design.

Hope you'll be able to get the calculations sir.

Thanks. I can work with this.

LebanonCedars2:
Yes it's possible to change to this leather but you have to be sure other parts are very okay and will be able to last as long as the leather. These leathers are very costly and as such you most be sure you will be able to get value for your money.

Yes, they're very much available in Lagos. However, you must know how to be as they don't come in yards as other leathers. You can easily be cheated if care is not taken.

Please what price range(materials and labour) should i have in mind if i want to use this animal leather or a medium range leather for the one 3-sitter and four singles?.

Leezah:
Sir, this is Nigeria, some of the things you are suggesting will NEVER work. You read that right. NEVER work.

They will not work because the beneficiaries are the leaders, politicians and the law makers. So they will never allow such laws. A friend of mine always say that democracy is not for developing countries like Nigeria and other Africa countries.

You need a 'mad' man to come in and clean up this mess with strong arm. Who no gree obey should be sent to Sambissa forest with a bag of dollars to spend there.

ahiboilandgas:
ok u think u have more info more than cbn and it staffs ?have u ever been to the cbn office in abuja to see the think tank warehouse there ...u think it this cheri kambia analysis me and u do here ...to make me laugh.....u dont even have data of weekly dollar demand and capital importation..

'cheri kambia analysis'

Lol
Lol
Lol

LebanonCedars2:
Yes it's possible to change to this leather but you have to be sure other parts are very okay and will be able to last as long as the leather. These leathers are very costly and as such you most be sure you will be able to get value for your money.

Yes, they're very much available in Lagos. However, you must know how to be as they don't come in yards as other leathers. You can easily be cheated if care is not taken.

Ok. Thanks.

LebanonCedars2:
Pure animal skin leather sofa...

Oga LebanonCedars2, if i want to change the worn out leather of my settee (one 3-sitter and 4 single-sitters), is it possible to use this and is it also possible to get this leather to buy in Lagos?.

Grupo:
Please, which bank? I'm expecting from gtbank. Haven't seen the money yet.

StanbicIBTC

Nigsrdumb:
The amount of commotion in that house.
I nor fit laugh.

Any other suggestions, that isn't too chaotic.

Eg cheaper parts of lekki, ajah. Etc for people who no like stress

It was chaotic when it was face-me-i-face-you. The person that bought it put an end to that by doing self-contain with two tenants sharing prepaid meter and water tank connected to the prepaid meter. This effectively reduced the number of tenants and the chaos.

NL1960:
Who has the result of yesterday's TB auction?. Iam waiting for alert for TB maturity.

One year TB maturity alert has landed.

Lagos1991:
PLEASE, what's the best form of property investment in Lagos for good returns?

Budget is 50-70m.





ahiboilandgas
emmanuelewumi
transatlanticex

nl1960

etc

Depending on the area. 2 or 3 bedroom flats or better still self-contain(1 bedroom) apartments. I recently saw a storey building that was formerly face-i-face-you. Somebody bought it and converted it to a self contain (a room, a sitting room, kitchen, toilet and bathroom). All of them are occupied with young couples and working young bachelors. There is privacy for each person. The owner even created a space somewhere for generator compartment for each.

kisszhira:
Why are all these maths coming up?
You guys should stop derailing this beautiful thread.

Who has the result of yesterday's TB auction?. Iam waiting for alert for TB maturity.

mufutau55:
Glad you are OK sir.
Yes o, very fine. Unfortunately I had to import all my 2 livingrooms and Master Bedrooms furniture from here.
All furnitures for other 6 bedrooms were purchased in Nigeria.
I am still buying other furnitures in Nigeria to complete the project. It's not easy o, too much money on finishings. God help us.

Hajji M.

It is in finishings that the money goes to. I normally tell people that na from roofing stage house dey gulp money because you cannot do roofing in stages.

Philantropists:
It is because 70 percent of children born abroad lose the core values of the African culture such as family ties, respect, sense of responsibility.
My friend's child who is 14 calls his uncle a "dickhed" in front of his elders and everybody just sigh in relief.


We do want a sane country, lots need to change in Nigeria but there are good things about Nigeria like community share of responsibility. Like people can easily dash you N5000 when they see you hungry but In a developed country someone who looks hungry doesn't get a dime, there are exceptions though.

You can get through many things in Nigeria.

Don't they have what is called 'brain resetting' slap in that country?.

mufutau55:
How much is this set with real leather. Thanks.

@Oga NL1960 ...... Howdy? Long time.

Hajji M.

Hajji, iam fine.

This work here is very fine.

.

niphmmy:
Thanks for your response. I'm actually looking for a Muslim secondary School.

Just use google to do a search. I did a google search that threw up several Muslim schools in Ibadan. Iam not a Muslim nor live in Ibadan for me to do a proper appraisal of what the schools claim to offer.

niphmmy:
Please, anyone with a good Muslim school( both Western education and Islamic Education) in Ibadan. Wofun/iyana church / Monatan axis to be precise...

Needed ASAP
Thanks

There is no mention of whether it is a primary or secondary school that you are looking for.

I will advise that you google Muslim schools in Ibadan. You can then pick from the list and do a physical visit for verification if you are in Ibadan or you send a mail to the contact email of such schools for the information( both Western education and Islamic Education) you are looking for.

emmasoft:
Thank you Sir for choosing Investment One. I hope you got the usual acknowledgement mail after form submission.

I got it immediately. Checked my mail an hour ago and discovered that the account has been created. That was fast. I have also created a login profile from the website as i intend to do my monitoring from the login profile.

jp130:
Thank you so much sir, i appreciate

Madam Sholapey is a female just in case of next time reference.

emmasoft:
Two possibilities

1. It could be network issues from your internet provider at d moment you are trying to submit
2. Your kyc documents may be too large.

Solutions
1. You can try again at a suitable time
2. Reduce your kyc documents before uploading
3. You can also reach out to me on 08181057319
I can help out on the reduction process or if you think there are other possible cause of the issue.

Be assured the link is working and you will be able to submit just as others are doing.
We value your patronage

The link is working as i used it to open a VGIF yesterday. Just chilling now waiting for my account number as my TB will mature next week.

Philantropists:
The exchange rates will keep going up for now even when International Airport reopen on August 29, the demand of forex by Nigerians waiting to travel out of Nigeria will go up and this will push the exchange rate up.
We could say the number of Nigerians coming into Nigeria to bring forex too but you can't compare the number of people trying to run away from Nigeria to the number coming in for visit, the ratio is like 1000:1.

I just tried an experiment here in the UK, i used my Nigerian bank card to withdraw Pounds and they charged N630/£. I think it's only the begining of what to come.

When foreign schools open, it will also put a lot of pressure on the exchange rate.

Grupo:
I'm genuinely curious right now. He said he was charged 0.5% transfer charge.

Say he wanted to withdraw $1,000, it means he paid $500 in transfer charges? Right? Or I should go back to secondary school?

No. It will better to go and start from Primary 3.

ojesymsym:
The naira end of it is good, CS is also good as everything is online but I am not sure I understand the dollar fund part very well, anyway, make the money de there not like I need it urgently. Rates are not static, but as expected, they are not very high. If u see MMF as a way of savings with interest, you won't be too worried, but if you are like ahib who checks inflation rates, devaluation, naira vs usd and other microeconomics, then I suggest you go into other ventures. MMF is not even a get rich scheme not to talk of being a get rich quickly scheme.

You forgot to add Forbes list.

Sholapey:
NIGERIAN NAIRA FAST BECOMING THE WEAKEST CURRENCY IN AFRICA....

South Africa: Rand 1= 79 Naira
Angola: 1 kwanza = 12 Naira
Botswana: 1 Pula = 28 Naira
Cape Verde: 1 Escudo = 8 Naira
Algeria: 1 Dinar = 12 Naira
Egypt: 1 Pound = 35 Naira
Eritrea: 1 Nakata = 18 Naira
Ethiopia: 1 Birr = 19 Naira
Ghana: 1 Cedi = 56 Naira
Gambia 1 Dalasi = 9 Naira
Kenya: 1 shilling = 6 Naira
Liberia: 1 Dinar = 8 Naira
Lesotho: 1 Loti = 19 Naira
Libya: 1 Dinar = 156 Naira
Morocco: 1 Dirham = 176 Naira
Madagascar: 1 Ariary = 14 Naira
Mauritius: 1 Rupee = 16 Naira
Malawi: 1 kwacha = 21 Naira
Mozambique: 1 Metical = 24 Naira
Namibia: 1 Dollar = 32 Naira
Seychelles: 1 Rupee = 22 Naira
Sudan: 1 pound = 42 Naira
Swaziland: 1 Lilangeri = 19 Naira
Tunisia: 1 Dinar = 150 Naira
Zambia: 1 kwacha = 28 Naira

Even the worst economies of Africa now have more valuable exchange rate than us.

Is Nigeria still the GIANT of Africa?

Chai. Dem go soon start dey compare Nigeria currency to Benin Republic CFA Franc or the 'artificial' Ghana Cedis wen dem comot plenty zeros.

Philantropists:
Good you shared this info so people don't invest with such entities. Imagine giving them your money and they don't reply your calls or mails while you are 8,000 miles away.

Just be patient. Sometimes network issues can cause delays from the recipient's bank.

emmasoft:
@oneroflo57 Apologies for any inconveniences . Please talk to me: 08181057319. Whatever issues will be resolved immediately.
I can assure you with Investment One your funds are secured and in good hands.

What of those not on Nairaland?. We have discussed issues of nonchalant attitudes of Nigerians to work here several times. I want to believe that somebody is being paid to handle such communications. The best thing is to take this feedback to Investment One. The bank i use, once i send a mail to customer care, i immediately get an automated response. Within a working day, i get a response from a staff telling me the number of days it will take to resolve it and it gets resolved +/- one day of the days given to me.

oneroflo57:
Investment one kept frustrating me until i gave up on them... if getting simple info from them is so difficult, how ll things go when money has been involved. Till today my account officer has not replied any of my mails

Hmmmmm. Maybe i might have to stick with my efficient bank that has an asset management subsidiary. Poor customer service is a big No for me.

ultron12345:
An experience I recently had has once again confirmed the fact that Nigerians are the sole problem of Nigeria.

I was planning to set up a factory production line. I went online and got a list of 8 companies who supply the needed equipment. Out of the 8, 7 were Chinese companies and 1 was a Nigerian company. I sent out emails to all of them.

In less than 24hrs, I had received replies from all the 7 Chinese companies. Till today (a month after), I am yet to receive a reply from the Nigerian company. I even tried to call the numbers on the Nigerian company's website, they were all either switched off, not going through, or non-existent.

I began discussions with the 7 Chinese firms. One of the Chinese firms had an office in Nigeria so they referred me to their Nigerian representative. So I gave them my requirements and specifications. In less than 48 hrs, I received quotations from the 6 china based companies. The Nigerian representative of the 7th Chinese firm told me I have to give him a week to prepare a quotation. A week passed, nothing from him. After 2 weeks, still nothing from him. I contacted him again, he apologized and said he'll send it in 3 days. A week passed again and still nothing from him. I got tired and contacted the company's head office in china. They apologized, collected my requirements and specifications and sent me a quotation in less than 24 hrs.

While discussing with the Chinese, I also noticed they were more concerned with offering better service, advising me on what kind of equipment they think will be best and most profitable, what kind of equipment suites the power situation in Nigeria, and all that. The Nigerian representative didn't even care, all he cared about was money, asking me questions like "if I send the quotation next week, when will you be making payment? "

After, we will say the government is our problem. The attitude and work-ethic of the average Nigerian is just too bad.

The company that refused to reply my emails will still be blaming Buhari for their lack of clients, not knowing that their lackadaisical attitude, laziness, inefficiency and sheer incompetence is the bigger cause. This Nigerian mentality of doing things anyhow anyhow, abandoning the tiny important details, is part of the reason why Indian, Chinese and Lebanese owned businesses tend to do better than their Nigerian counterparts in Nigeria. Ordinary to contact you, to reply your email, to answer your calls, is a now big challenge. Well, according to them, it's still Buhari's fault, not theirs.

To divert a little, this is also one of the reasons I take Nigerian businessmen complaints about power, infrastructure and other things being the cause of their problems with a pinch of salt. Yes, sometimes it is, but most of the time, the problem is mismanagement, incompetence and inefficiency. I CANNOT SEE HOW A COMPANY THAT CANNOT MANAGE A SIMPLE EMAIL ACCOUNT WILL MANAGE AN ENTIRE FACTORY EFFICIENTLY. Yes, power and infrastructure can be improved on, but Nigerians also have a habit of blowing these things out of proportion and blaming their incompetence on the government. I've said before on this thread that I run a manufacturing business, and power is not even among my biggest challenges. The biggest challenge is getting competent manpower WITH INTEGRITY. The competency part is easier, but the integrity part seems impossible, everyone is so dishonest, everyone seems to be on a mission to steal every single kobo they can lay their hands on.

Back to the main topic, the other company with a Nigerian representative will think they are at an advantage being closer to the market with a representative, not knowing that the lazy, evil and demonic Nigerian employees they call representatives are even frustrating and driving away their potential clients with their Nigerian-civil-service attitude.

Once again, there's nothing wrong with the land called Nigeria, nothing wrong with River Niger and Zuma Rock. The problem of this country, is the kind of people that inhabit it, Nigerians. Nigerians are the sole problem of Nigeria, both the Nigerians in government and the Nigerians amongst the citizenry.

When the month ends, the Nigerian employee will be expecting salary and when not paid, he will say the Chinese are wicked or that it is Buhari's policy that is causing him not to get business.

DexterousOne:
Whay the CBN should do is to STOP being the monopoly on foreign currency in Nigeria......

In South Africa
Forex can be gotten from multiple sources

It's in Nigeria I see folks queueing at the central bank to go get forex

This is the genesis of the problem....

Yes indeed
The central bank is a player
They have to keep reserves for stabilisation purposes
But at some point

They have to let off that grip...


The same way NNPC grip on petrol needs to be relaxed


Nigerians know what to do
They just dont want to do it
Cos the current system favours them

Gbam.

Somebody wants to send his/her son abroad to school, he/she goes to CBN to get FX thereby subsidizing the person's child education. Somebody wants to travel on holidays abroad to enjoy his/her life, he/she gets FX from the CBN for it thereby subsidizing the person's holiday trip. Meanwhile, when going to my village for holidays to enjoy palmwine and fresh fish, the CBN does not subsidized the Naira i will use there.

emmasoft:
After you finish registration, an acknowledgment mail will be be sent to you; there after within 48hrs your account details which contains
1. Your customer number
2. Account details of investment one to fund your VGIF it's normally citibank
3. Another account officer to add to me as a sales rep
will be sent to your registered mail.
With that you are good to go. Of course I'm always available for any assist.
By the way I hope you used my link o. That is the only way to help my ministry.

The testing i did was done from Investment One website and not from the link on your profile. When iam ready to open it, i will probably go through the link on your profile. You have done enough hard work here on this product to get your reward for it. I want to remain as anonymous as possible on any faceless forum. That is why i normally do not like going through links on profiles but prefer to go through the website.

emmasoft:
Please do and you be happy you did.
While waiting for the maturity of your Tbills you can open VGIF account by clicking the link on my signature, you don't need cash to open account and it can be funded anytime.

I tried out the account opening process last week in order to know the KYC requirements. I have started gathering the requirements. How will the account be funded?.