₦airaland Forum

Miracle112:
Hello Nlanders..
please I need advice on whether to relocate abroad or stay and invest in Nigeria .
I just graduated from the university and I’ll turn 28 in a few months time.
I come from a very poor family, I sponsored myself through the university as matter of fact I am the first graduate in the family.
I am here to seek advice from experts and enlightened nairalanders.
I have over 50m in real estate and I intend to sell 50% of my properties to raise funds for an online marketplace i intend to launch in Nigeria but I’m having a double mind as there’s no 100% guarantee that the business will succeed…
Since I just graduated from the university, should I rather use 25m to relocate abroad and further my studies or stay in Nigeria and invest the 25m ?
I don’t want to regret selling my properties to relocate abroad for studies.. I don’t even know if 25m would be enough to further my studies in any first world countries since I’ll have no support from family.

So my people, should I japa for studies with 25m or stay an invest in my fatherland?

For those wondering how I made over 50m as a fresh graduate. I didn’t make the money in 1 day or 1 month. I do land banking, crypto trading and farming.

Japa to Australia… You’ll never regret it

nihilistjnr:
Omo obainojazz can't be sowing no seeds in these fatherless scallywags.in the value chain he should be a consumer not a producer. His mission should be to reap where he definitely did not sow. Leave the sowing for the local inspirational speakers.

This is hilarious

afrodoc2:
It is very commendable that you are sowing seeds in them. That is the only way the community can grow.

I agree doc

afrodoc2:
So you are on your way back home to carry out your annual Christmas mentorship program for Naija-based babes.

We must give back to the community, hence I am only here to contribute my share of diaspora remittance

Na black full Doha airport as staff and it seems they mostly East Africans.

Ibime:
The Gulf countries are too rich and too few in population to allow hot headedness or militarism dictate their foreign policy

Only 6m of Saudi 30m population are Saudis, the rest are immigrants

Only 300k of Qatar 3m population are Qatari, the rest are immigrants

Only 1m of UAE 10m population are Emirati, the rest are immigrants

Only 1.4m of Kuwait 4.5m population are Kuwaiti, the rest are immigrants

Only half of Bahrain 1.5m population are Bahraini, the rest are immigrants

50% of Oman are immigrants

Of the native populations of these countries, half are millionaires and the other half are very comfortable and all will run at the sound of gunshot. The Indians and other immigrants will be the first to run

So what business do these Gulf countries have in doing hothead like Iran that have the population and the HUNGER to fight. Their demographics are not war demographics simple.

Their Kings know what is best for them and are towing the correct route of diplomacy, trade and soft life because none of them are built for war. That's why they have security pacts with USA and will call USA the minute Kuwait for example is invaded by Saddam.

Went through that airport and 80% of the staff were immigrants.
Thats the most I’ve seen blacks outside of Africa

Bet9ja 🤦🏽‍♂️

joseph1832:
who cares? A house is a house irrespective of the location, beside, if not for that village, many of you lot will go hungry, no?

"Abroadians build houses in the village because the can afford to" people who build houses in the village can't afford to? Like I said, a house is a house, irrespective of the location.

the same applies here. Many are selling their houses in the cities and relocating to the village, why? Because that's where the future is.

I dont have a million dollars and I already know where I'll build my house, that is my village. After all, there's no place like home, no?

Not sure where you’re from or your financial reasoning but we build houses in the village to holiday/retirement not to live and earn a living.

We use spare cash to build in the village… you can’t be earning in Lagos and be living in the village.

I give up 🤦🏽‍♂️

BlueRayDick:
But u know Linda will own up to some character assassination she helped launched or a troll farm she started that helped put her clients in a better position during election era. She will most likely just talk of how good fortune smiled on her after dedicating years to diligent blogging.

Person wey Dey give girls advice not to settle for less but Dey drive to mainland to collect diick and ended up as a baby mama

Nahh… Nothing beats Toyota even though I don’t drive one

izzou:
[color=royalblue]This is usually common with Nigerian success stories

E buy one frying pan and 100 naira ororo. E fry Beans to make am Akara

After 10 years, he exports akara of $200 million annually

But the big favour breaks are not included. The time his company was used as a front for laundering was not included.[/color]

Just as Portable Dey go Italy to “perform” but Nigeria tax law allows artists to bring in any amount of dollars into the country easily…

chidekings:
the whole stuff was taken out of content,the odds of someone with 20m traveling out and making it is higher but for many rubbishing 20m as if its nothing.till now 20m can do a whole lot to someone with dreams and discipline.

People said they’ll rather choose 20mil than japa but can’t come up with tangible business that’ll make you live comfortably in Nigeria.
Except you build house in the village and work in the city which makes you same as abroadians building houses in the village and working abroad.
Most people with real 20mil in their account have japaed…. I’m sure they’ve done business or thought of business to do and gave up.
Opening multiple phone charging spot or POS will just give you heart attack and not comparable to the benefit you’ll get in a developed country.

200k with sure odds can make you millionaire or zeronaire

iamoyindamola:
These guys are legends that deserves better recognition but Nigeria happened to them
They faded as they retired

35 Years of service and she probably didn’t earn much but someone is telling me you can earn 20million in salary in less than 10years.
Same Naija I know

joseph1832:
Now this is where many of you get it wrong. I don't need that amount of milli9ns to build a house in my village, or even in Alakuko area of Lagos, do I?

People should learn curb their 'long throat' and know how to cut their coat according to their cloth size.

Me carry almost half a billion go buy house, when I never mad. Now I know why many abroadians are rushing to build houses in their villages.

And that’s it, you become a village boy
Abrodians build houses in the village because the can afford to as they also buy houses abroad as that’s the real investment.
My former naija landlord will soon retire free many years here and probably move to Nigeria, he’s already selling those properties and cashing in big time.

Before you respond, make a million dollars and tell me where you’ll build your house or how much you spend on it.

Emaprince:
Na wa o.

I don't know about others.... but this is NOT true.

Depends on the person's work/ business sha..

How many Nigerians in salary earn 20million in 10years?

Many Nigerians are earning 20million yet they are complaining

joseph1832:
Now. How much can buy a house where you reside?

Now ask how many years it will take to get that cash with good savings
Mind you… the country gives everyone an opportunity to own those home through mortgage…. Something that won’t happen in Nigeria

BlueRayDick:
The bold is a fact. Some of these guys don't have an inkling about how the business world works ; I bet some of them don't even know how people the "successful people" they see outside groan under loans with interest rates that are double digits.

Early this year I had a conversation with a man who owns about 5 filling stations in Akure, Ondo state. When he was telling me how little they make selling a liter of PMS, AGO,DPK ; yet they will have to pay back the loans they got from the bank, pay for insurance, pay staff, security and even DPR; yet he still has a double digit interest rate to battle with. Things got worse with the subsidy removal because he now has to compete with NNPC, Mobil and other bigger marketers who sell for a cheaper price .

I just laugh at the idea of putting 20 million into petty business like phone charging, selling water etc

I was advising one of my best friends I stayed with in Ibadan to process japa with me.
Dude made almost first class and was making good money back then from small business.
He was into tiles with his uncle, of loads containers, sells phones and other hustle.
He said he can’t use those money to japa and he continued the hard hustle life which I respect by the way.
When I was processing my japa… I got 1 AU$ at around 235 Naira and did my thing.
Now Nigeria has happened to this guy, he’s lost couple of millions to theft or something like that and now wants to japa to Australia.
Problem is 1 AUD is now $760… So to deposit one semester tuition and health insurance totalling $20K plus dollars will be like 15mill.
The time to japa for him was yesterday… it’s too late now and he’s just looking for a cheaper country.

People with 50mill now are paying that tuition and leaving because it will only get worse.

joseph1832:
You didn't read the part where I said if that 20mill is converted to the currency of the country you reside in, can it still buy/build you a house etc?

You misread my post and asking the wrong question.

Less than 5% of the population have 500k Naira in their bank account.
To build a house in a very good spot in Nigeria, you must have cash of above 20mill.

20mill takes you 10 to 15 years to earn in Nigeria but months in some western countries.
I don’t really see the comparison or why you think I said 20mil will buy a house abroad.

Your question… nope it won’t buy house abroad

joseph1832:
You didn't answer my question, obainojazz.

I answered your question…. Not just the question you seek

People said 20mil won’t make them japa, that it’s big… but 20mil is shit home and abroad.

No one is saying we buy houses 20mill abroad… so your question is null and void

joseph1832:
can you afford to do the emboldened in the country you reside, when the money is converted?

I’ll invite you for house warming one day…. Both in Australia and Nigeria

akwesenana:
Krychokewack wanyama belotti. 😂😂😂😂

Airmark’s world best Roma striker

So airmark no sabi ball
He said Hazard > Neymar.
What of Kryochewack or whatever his name is

I remember my friend investing Au$10K (4mill plus) to buy land last year in naija as investment… dude was pressuring me to think home say money Dey naija…Even if he sells that same land 7million, he still no make his AU$10K.
I get Don J though… Some factors like education and interest won’t allow you to japa… His uncle is doing well and probably didn’t start with 20mill.

The other thing is, if you have 20mill… young and educated… Japa is the biggest investment.
20Mill is what some personal income tax in one year…. That money won’t do much.
You can barely afford to build a house in a making sense environment, buy car, fuel the car and feed family.

Short Shaw as CB

airmark:
I knew he can't be straight.

Good one

Bruno is actually a good ball presser

BlueRayDick:
Awon weyrey

Dem don increase cut-off mark for who be man again ?

Na dollar cause am… It was 5 million years ago

Na wa…. Men life no easy

afrodoc2:
What is doing everybody is different. They should allow him to vent his frustrations.

I should have known lol

afrodoc2:
You guys have missed the real gist. His main aim is to bash people who live abroad and to call them bozos. All these fine details you people are going into no consign am.

I saw it… Dude just want insult wicked abroad people 🤦🏽‍♂️