₦airaland Forum

chigator2:
Abeg, drop that narrative. Dangote will continue to dominate and monopolize industries in Nigeria as long as a large portion of the country’s wealthy class consists of people with deep pockets with lazy brains and little appetite for productive risk.

Where do wealthy Nigerians invest their money?

First, there are those who pour capital into quick-return schemes that add little long-term value to the economy. They fund luxury real estate projects in Abuja and Lagos, or buy up vast expanse of undeveloped land from local communities only to resell them at a markup downstream to other new money buyers who partake in the illusion of wealth creation that dominates Nigeria’s real estate culture buying largely unproductive land and expecting its value to double within a year simply because everyone wishes it will. Every body is selling land and properties these days, find one poor community, steal their land or pay the chief peanuts and tell investors it is the next banana island.

Then there are those who flock to already saturated “safe” industries after seeing others profit from them. Hospitality, auto dealerships, import businesses, trading, poultry ( haew ) and similar ventures are overcrowded with capital chasing familiar opportunities. The latest craze is China Importation. These businesses may generate profits for their owners, but they rarely create the kind of innovation, industrial capacity, or global competitiveness that attracts significant foreign direct investment and grows the economy or technological capacity of the labor force.

Countries that achieve sustained economic growth are often driven by wealthy individuals willing to back bold ideas, startups, research, advanced manufacturing, technology, and other frontier ventures. Their capital expands the productive capacity of the economy.

In the south-south that has the oil everyone is drilling and refining, those it mean that there are no big men there or even big government thieves that can at least pool money together to build something they can say is their own and by their own people. They are waiting for outsiders to come and invest so they can do pipeline security for peanuts. BUA is planning to build a refinery in Akwa-Ibom while Akpabio is plotting to sleep with other people’s wives and NDDC chairmen are servicing their girlfriends and foreign investments. Tomorrow someone will say na our oyel money, keep fooling yourself. Since the days of Adam, ownership of anything is determined by who takes it not you had it.

In Nigeria, too much capital follows trends instead of creating them. Too many investors copy one another rather than funding the next generation of industries. Until that changes, it is unrealistic to expect a handful of industrialists not to dominate sectors where few others are willing to take meaningful risks.

Well said my brother.

Honestly sometimes I do ask myself why won't the South South Governors pull their resources together and build a refinery even if it means borrowing. This country is cursed aswear.

nairalanda1:
When a man or a woman spends far too much time on making money and zero time on bringing up their children, this is a possible end result.

Nairalanders, I know many of us dey hustle, but when you get pikin, spend some time with them too. Even if it means you no go make that extra one thousand. You will not regret it.

And no say you go wait until you are rich before you marry and have kids. The no 1 business of rich men and women is to make more money. Even Elon Musk that is very very rich is still looking for ways to make more money

Well said. Reminds me of 50 cent and the son Vs. Eminem and the daughter

MaziObinnaokija:
MY OGA dey KAMPE.... He neva runs up/down looking for FREE TICKET

That's why PO stands out. Your Oga no dey run up/down because he needs the party structure to contest but PO is a moving structure and political parties needs his structure to help the party follow contest.

MrEar:
That is why they want this war to continue.

They are addicted to killing civilians most especially children!

In gaza alone, 21,000 children have been killed. 147 of those children were starved to death.

But let us not complain, they are "Gods chosen nation."

God chose and blessed them to commit crimes against humanity, the same humanity he sent his son to die for.

Those children will grow up to become like their parents.

Aswear na because Burna arrested Speed Darlington over his comment on Diddy babyoil it goes to show the comment pained him thus every little beef now they go dey use Diddy dey mock him

Thundafireseun:
For now the score is
Wizkid 1 - Burna boy 0

Diddy babe 😄😄😄

Speed Darlington AKA ….Akpi will be laughing out so loud right now

Wvvvvvvvvbbbbasssssssshhhhhsbsbsbzbsbsbsbbsbsbsbsbdhsh

Igirigimercenar:
My a.nger is on the y.orubas, why are they hellbent on preserving the unity of this country even after watching this?

Why why why?

Y.orubas,why are you guys so in love with Nigeria that you cannot see that it just can't work? Work with your fellow southerners so that Nigeria can be balkanized peacefully

My brother you made a valid point however have you ever thought of what the fate of Christian minority in the North would look like if this country is balkanized.

E no easy.

I cried my eyes out when my mother gave up the ghost for hospital last year August .

I still dey mourn her till date.

Mama, Papa may una souls continue to rest in the Lord + Amen 🙏

Zionmdde:
Rubbish
Waste of time
Vying for presidency means being vulnerable to all these name callings and the rest. He shouldn't be found in all these petty lawsuits

Believe me Peter Obi has nothing to do with this case but his lawyer; Alex Ejesieme SAN. Alex Ejesieme SAN appears meek and gentle but in reality a legal juggernaut and I strongly believe he wan use Deji set example. Strategyically he initiated the action in Onitsha, now Deji go incur serious cost defending himself in this matter.

Lifestone:
How do you arrest your citizen who is protesting insecurity? These are distressed people and i thought responsible Leaders should know better.

I tire oo! He didn't order for the arrest of the kidnappers na person wey dey protest against kidnappers him wan arrest.

Hold it there! If you move I move you. Once their hand enter ur waist the next thing you go hear be: Oga you're under arrest...

Nawao! like this like this Rev. Fr. don turn Pontus Pilate

By late next yr we will witness massive defection again back to PDP and ADC as the case may be. Many of these governor may even lose their seats.

Otilo!!!

The gal is gone. They use, reuse and excuse the gal

Yemmysworld91:
They can meet in proxy if they really want to manipulate the court verdict. I don't agree with this assumption abeg

Na proxy dey quick leak. But where the meeting is just between the 2 of them their secret is well safe and if paraventure e leak they both know who leak am

PlayerMeji:
End of days

Arnold Schwarzenegger had to throw himself at a spear so that the devil would not use him to procreate a demon...

I cried at that scene of self sacrifice.

3 idiots
The message passed through the movie was also a tear magnet.

Na 3 idiots made me cry mehn. Message plenty for that movie

almarthins:
Every nigerian politicians na crooked crooks, so obi no be Saint at all.

Na so we believe buhari to saviour until he tasted power for the 2nd time, na so our eyes clear say" ah! Baba na crook, too."

Just like we warn against Tinubu we all know Buhari antecedents that he's a disaster and we did warn Nigeria against that catastrophe called Buhari.

Obi is not a saint but he's a less evil compare to the others

Obi will never allow such.

Chicago group of Companies Nig. Limited on the beat again...

Politics will soon run down his striving business

For those who said Igbos don't sell land to non Igbos, this Benue man has so many outlets here in Anambra State.

Nwannem go and make money we go sell our ani obi to you.

Kingluqman:
Even the IGP, very sure his cars are factory tinted oo, yet he made a stupid law. That's how one Were in Minna said police should be arresting every young man with a dreadlocks hairstyle like he has seen a Bokoharam or herders with a dread before.


They don't think at all.. some people go just Wurugbon lẹnu dey yarn dust

Those stupid directives without being passed into law are of no moment. Nobody can be charged to court for an offence not known to law.

This country self. IG go just wake up and
make a pronounment and the pronounment becomes the law without the backing of the legislature.

Indeed let the poor breath.

Very stupid old white powder snuffing fool. Very useless man

Was the building plan approved?

Clout chasers

R

After Tinubu na Obasa. If this Obasa lay hands for governorship election he will retire Tinubu aswear

TemplarLandry:
Very good!

This is a problem for Ned the Lizard (Ned Nwoko) and Omo Agege who allegedly betrayed President Tinubu in the Delta.

Welcome aboard Sheriff!

Who wouldn't disembark from the sinking ship called PDP?

Even Great Ogbolu. When they can't have control of the APC structure they will either create problem in APC or return to PDP.

Na only when you get money and ready to grease the palms of the Nigerian police Force that you will see them work. Money must be involved before Nigerian police go gree work on ur case