Elvis2kay:
100 million naira kę? Bros T.J who just return from UK after 21 years could only manage to secure a plot of land in Epę for 2.million naira.

Not very easy to make it in the UK.

43Ronin:

developers make way more than a $100k at least from 150k upwards. how much is mortgage or bills or tax? mtscheew. dey even get their tax back as tax returns. dey play.

Not all developers makes 100k in the US.. you need to have some years experience (around 4-5 years) working in the US to get the promotion that will pay you 100k+

tosyne2much:
All I'm trying to let you know is that there's no country in the world where the economy is designed to make $100k seem like a small money

It is a mindset thing. $100k isn't a big thing again among Gen Z and people are begining to have better money making and management skills.
There a ton of things that one can do legally that would give you $100k cash within a year or 2.

erico2k2:

If anyone abroad weather US,UK Canada German, any western top countries tell you guys back home that they are struggling or life is hard, just know that Life is only hard when it comes to you not to them DO NOT BE FOOLED. If they say they are broke, just know they are broke for you not for themselves.

Nonsense you obviously have no clue typing this rubbish, life can be hard anywhere and NO they are not lying. You must be out of your mind saying nobody is broke or struggling abroad.

Kenn55:
After you make the first 100m what next? Make another 100m?
@Raydos, this is what I was trying to talk about in your thread. Every talk or argument about Nigerians is about money, more money, more more money and it ends with money.
Nobody seems to give a damn about any other thing apart from the money they make.
This thread will degenerate into an argument on who makes more money, the stage is set. This is all we care about as a people.

That what we do to ourselves as Nigerians, So so sad.

I make $8000 monthly but I also live in NYC, most expensive city in America!. It's not really how much you can save, but overall quality of life and opportunities to better yourself

Canada's social security system for children from low-income families and seniors from age 65 is one of the best in the world.

Working with the agencies delivering benefits has broadened my understanding of the values and ideologies underlying the Canadian system. It's based entirely on empathy for vulnerable people (children, disabled people, widows, orphans, and old people from age 65). The social safety net for these groups are very strong. A 65 year old with no other income at old age who has lived all his life in Canada would get almost 2000 CAD monthly to take care of himself. If they miss their cheque in the mail, another must be re-issued immediately so they dont lack money. We trust they will return the duplicate because they will. Their mortgages are paid off already at that age. It's the reason they live very long and it's the reason the working class is taxed. It's a wheel that revolves.

So, it's not all about how much one person is able to accumulate in their bank account. It's better to live in a society where taxes are put to good to use.

Yes it's worth it

Say

If I became successful in a Canada PR, or work permit in Europe or America

I will sell my property and move

Cos the money I make will enable me retire back into the country

Nigeria is only good for retirement as an innocent citizen

Cos nigeria is made for Politicians only

Fearyourcreator:

Bros nothing special here abeg... Light dey here too if you wan get steady light abi na free for there ... I go do borehole ... Or is water free there too abi Nigerians no dey drink water here... For good road depends on where person dey live and work here sha... Scholarship dey here too abeg, people dey get admission without knowing anybody too and scholarship too, nobody life dey secured anywhere abeg... Death fit come anyhow abi them no dey die there ni, who dey collect person property here.. people dey collect money here too for business but many go use the go do another may be party or buy luxury... Many collect millions soft loan... My sister benefitted too and she no Sabi anybody... For tax Nigerians no dey pay tax like that so how much government dey make from tax ... Even companies no dey wan pay ... Even company I dey work for dey do am... So nothing special here ooo

I see

planetx:
Nonsense you obviously have no clue typing this rubbish, life can be hard anywhere and NO they are not lying. You must be out of your mind saying nobody is broke or struggling abroad.

you have not gotten a clue have you? you lot come here and type rubish, if your brother abroad tells you that he is broke, in reality he is broke for you not to himself, You are talking about a country who even pays you wages if you do not have a JOB, the House you and ay for your Kids,Govtment give people free houses no rent and monthly money as upkeep. However in Nigeria, When you broke you are broke NO FREE MONEY!

IamKizzbrown10:


WHAT KIND OF TRADE WHEN I DON'T EVEN HAVE TIME TO GO OUT

i CAN SEE YOU GOT AN internet ENABLED PHONE, PHONES ARE NOT FOR TIK TOK AND naira LAND ALONE!

Zyxsc:
I'm a software engineer working remotely from Nigeria. I earn a 7-figure monthly salary.
With my salary only (at an average exchange rate of 850/$), it would take me about 6.6 years to save up 100 million, provided I have zero dependents and had to cater only for myself throughout those years. It's quite a naive way to project this though because a lot of things can happen along those years. But it still gives an idealistic comparison base.

So my question goes to Nigerians currently living or have lived abroad. Can you tell us the country, the job title, and how long it would take to save up to NGN100 milliion, assuming you have zero dependents and have to cater for only yourself. Do remember to factor in taxes if any and other living expenses for yourself alone

The reason for my question is not far-fetched. I'm just wondering if it's worth it to sell ones' properties worth milliions just to JAPA and go start over again. Please, refrain from dragging the country's situation into your answer or any other reason to JAPA. Kindly focus on answering the question as best as possible.

Thanks.

you better save your money and run away from the country, software job is not that too costant for a particular company, it depends on project availability, after which you might need to switch company, thats y devs change company like every time,,, am also a senior dev, go to country where you can easily get better offer as a a dev,

erico2k2:

you have not gotten a clue have you? you lot come here and type rubish, if your brother abroad tells you that he is broke, in reality he is broke for you not to himself, You are talking about a country who even pays you wages if you do not have a JOB, the House you and ay for your Kids,Govtment give people free houses no rent and monthly money as upkeep. However in Nigeria, When you broke you are broke NO FREE MONEY!

I can see that you are a bloody illiterate, because someone get the peanuts that government pays them in the form of unemployment benefits and section 8 and council housing for the poorest of the poor that means they are not broke or struggling. You are a big dummy and a ignoramus. Government gives you free houses indeed, why don't you go there and get your own free house and free food and free everything that another illiterate like yourself told you about.

chiself:


I will find an alternative .It is too much but kids who attend such tuition end up going to the best universities that is why there is a waiting list.

I am also considering boarding schools in Nigeria because kids are not as ambitious.
In Nigeria you see black doctors, lawyers, engineer and they are good role models. In the western world successful black people are sport stars or rappers. The TV are full of negative images of black people. It is not a very nice place and it become worst lately as the Japa people are now here working day and night, having no time for their children. Some of them are joining gangs.

There is no discipline and that is a big problem. I had a naija friend who was a teacher and was telling me the naija kids are the worst because they are now able to do the things they can't do in Nigeria.

At the first bold, there are excellent schools in Nigeria - Princeton Schools, top secondary schools like those owned by the Catholic Church (Loyola Jesuit) and other top private schools in Port-harcourt etc. Sending a child to such schools make sense as they live amongst people who look like them. Then later move to the West for teritary education. Win-Win. On the other hand, a lack of successful black people outside sports and entertainment is a UK thing. In the US, there exists many successful black people outside those sectors.

Wow! Second bold is baffling and disappointing...

Wodu89:




You will like horror movies. Such a gory narrative

God wants me to tell millions of fo ols the truth about the western world - it is amazing how people still get fooled in 2023 with the
availability of the internet so they can do their research - they choose to believe what they want to believe and take the plunge and later
blame village people. IF you have no means of income in Nigeria and nothing - nothing and a chance to japa comes, please japa BUT
kindly moderate your expectations to avoid a colossal heart break when u finally make it here.

BUT - BUT - BUT If you have figured out a way to make money in Nigeria, please I beg you with the name of Jisos, do not throw that away for the unknown- -- below is a video about poverty in America -

"Those who have ears let them hear -- Those who have eyes, let them see" ---- Majek Fashek song (Majek Fashek in New York)

please pay very serious attention to the word in this MAJEK track before you watch the next video "poverty in America"


https://www.youtube.com/watch?v=wIaIY30DAs8


https://www.youtube.com/watch?v=59Fdrj3U6Mc


https://www.youtube.com/watch?v=foOgch5mrqQ


https://www.youtube.com/watch?v=p3O6bKdPLbw

LAST VIDEO UK


https://www.youtube.com/watch?v=BK68yyrKUOA&t=21s

tensazangetsu20:
I think the better question will be to ask what the value of 100 million will be in six years time and what would happen if you lose your job while in Nigeria and how easy it would be to get another one. 1800 USD isnt a lot or a mind blowing salary

how much are you earning monthly?

Firefyta:
Bro with your 1 year savings you can come up with more than 100 million in way less than 6 years
Think the business way

He's not paying tax in Nigeria.

tosyne2much:
And who's talking about a million Dollars?

Go and sit down bro..

$100k is a big money anywhere in the world no matter how you try to use exception to downplay it. Exception is not always the standard to judge things

See ehn...life isn't easy anywhere In the world but some are easier than others. It doesn't mean u won't work hard to achieve that ease. I agree with you $100k is big money anywhere in the world, but the truth is it doesn't take anything exceptional to be earning that amount in the US. Hardwork, careful planning and just being basically ambitious...the sort of drive and hardwork and energy that get people income of 250 or 300k a month in naija will get them 100k a year in the US. That's why some people will say it is nothing, because if u worked in Nigeria and see how smart and hardworking young Nigerians are, although 100k is big, u will just see that majority of Nigerians are capable of achieving it with ease, and as such u can say its nothing.

[quote author=planetx post=125685865]I can see that you are a bloody illiterate, because someone get the peanuts that government pays them in the form of unemployment benefits and section 8 and council housing for the poorest of the poor that means they are not broke or struggling. You are a big dummy and a ignoramus. Government gives you free houses indeed, why don't you go there and get your own free house and free food and free everything that another illiterate like yourself told you about. [/quot]
Ask people who live in places like sweeden!

planetx:
I can see that you are a bloody illiterate, because someone get the peanuts that government pays them in the form of unemployment benefits and section 8 and council housing for the poorest of the poor that means they are not broke or struggling. You are a big dummy and a ignoramus. Government gives you free houses indeed, why don't you go there and get your own free house and free food and free everything that another illiterate like yourself told you about.

Another ignorant soul, Most families who rely on state hand out are better off than some people who work. Its just a thing of pride for some persons
Let me further educate you. The council estates i n Westminster and Camden will set you back £2500 for a two bed flat, The government is still going to pay them enough money to feed and money for each kids.SO for you to be better off than that person you will need to earn at least £4000.Now I have a house in North London N8 area called Hornsey, I have split to flats since Im a solo hustler, I let the 2 bedroom out to a family on universal credit, the rent is £1900 and its being paid for by the Council so for you to keep up with my tenant you will need to earn at least £3000k plus, You lot just come online and type craap bout stuff yah know next to nothing about

tosyne2much:
Very funny question!

N100m is about $100k

Even in the US, 90% of people no go smell $100k in their lifetime

Are u serious I think someone can make that amount in a couple of months like 10 months to 1year, because I used to see people making like $10k a month, is it that tax and other expenses used to swallow the money abi wettin? Hard to believe though maybe no be for everyone this is applied to

I've read many comments.
For the benefit of others.

If you're in UK, you can't make such amount of money. In one way or the other the government will tax you and you'll end up rotating in £10,000 which is 10 million (naira equivalent). It's not easy to even make £5,000 and you can't hold in cash amount up to £2,000 without police questioning you.

1. You're a software engineer. I'm a medic and also a software developer (not engineer). When I travel out it took me 2yrs: 4month to settle down here (you know what I mean). But when the money started coming, it comes from what I develop not jobs. You can't make 100M from jobs, it has to be you're creating something and people are using your service like Microsoft, Jumia, Facebook, Dangote cement etc..and you're paying salary to others then such money is a change in 1yr.

2. As a developer, you must have your own product in apple store or android Google playstore with thousands to million downloads. I won't explain more here because secret of wealth is not to be disclosed except otherwise. It's a law.
But note that what I make in 8month after I settle down if convert to naira is/close to 8M. Meaning with steady reinvestment I can get up to 20M in a year. If you do your calculations it will take me 3-4yrs to make 100M from my legit business.

3. What are you doing to target 100M? Import/Export? This question should be digested first not for dummies. Who are your target audience? What's the job salary? Remember even in the USA only doctors (anaesthesia, surgeons) who had spend many years can make this in a year from their private practice or top hospital in the USA. Software developers don't stand a chance in a year. But from my experience. People like Olugbenga (owner of flutterwave - fintech), Laurin Hainy (founder Fairmoney loan app) can make those amount in a year without stress and they're paying good salaries. Remember I'm talking from experience. I don't know your job, but mine I have a app in Apple store and Google playstore with 1M downloads. I'm targeting 5M in 2years time and I make money from this app daily (30-45k a day). You can do your calculations in a month. From here I pay my workers, renew my license in this country, also settle my investors. There's no company without investors. That's a little of mine. Such money (100M) can't come from jobs. It must be from something you created as a developer but not jobs.
For those planning to start a fintech app or want to learn more about starting something and expand within 2yrs. Connect me on LinkedIn or send mail to : info.lightcloud@gmail.com

Atleast 10 years of savings without some luxury

Zyxsc:
I'm a software engineer working remotely from Nigeria. I earn a 7-figure monthly salary.
With my salary only (at an average exchange rate of 850/$), it would take me about 6.6 years to save up 100 million, provided I have zero dependents and had to cater only for myself throughout those years. It's quite a naive way to project this though because a lot of things can happen along those years. But it still gives an idealistic comparison base.

So my question goes to Nigerians currently living or have lived abroad. Can you tell us the country, the job title, and how long it would take to save up to NGN100 milliion, assuming you have zero dependents and have to cater for only yourself. Do remember to factor in taxes if any and other living expenses for yourself alone

The reason for my question is not far-fetched. I'm just wondering if it's worth it to sell ones' properties worth milliions just to JAPA and go start over again. Please, refrain from dragging the country's situation into your answer or any other reason to JAPA. Kindly focus on answering the question as best as possible.

Thanks.

I think I kinda understand why you are inquisitive, but your mindset should be changed to that of an 'investor' and not a 'worker'. Let me tell you a little story about myself...some years ago (before covid-19) I was gainfully employed in one of the biggest Fintechs in Nigeria as a Middle-level manager with an impressive income and this made me feel like I had attained the pinnacle of the 'good life' ....only for Covid-19 to take the world by storm and I got laid-off! Mehn...my whole life took a new turn and I had to start the job-hunt process once again.

Fortunately for me, I got another job barely 2 months after with a higher pay as a commercial manager....this got short-lived due to disagreement between partners of the business, damn! I searched for remote-jobs,got short-listed and was placed in the 'candidate pool' for almost 6 months with constant correspondence of "your qualifications exceed the current roles" kindly expect a mail from us immediately we secure a fit...my brother, I got the shocker of my life the 6th month that they are sorry the would have to...bla..bla..bla..

My point here is that, I had to start a business (which transcended beyond my projection) with the little I had, coupled with my IT stuff ( building and managing E-commerce sites for companies/individuals) with no fear of threat to job/income. So, please don't get too comfortable and start nurturing dreams of being a serial businessman before you look back filled with regrets.

For me, the 100M mark is nothing compared to where I'm headed as I have made more than half that amount already. Think BIG!

Trustmea:

Are u serious I think someone can make that amount in a couple of months like 10 months to 1year, because I used to see people making like $10k a month, is it that tax and other expenses used to swallow the money abi wettin? Hard to believe though maybe no be for everyone this is applied to

You used to see where? Even in the UK/US. Ask an employee to send you his/her payslip. If the salary is £2000 tax is about 900-1200. You end up getting £800. Most people driving cars in UK/US are doing so from their payslip. Don't be carried away by influencers. If it was so, most Nigerian politicians will migrate and live there. Having £2,000 cash you're a big boy in UK let alone £10,000? But like you say, people make it daily not from salary jobs but tech, business and anything you've developed and people are using it.

Snapdrag0n:
I've read many comments.
For the benefit of others.

If you're in UK, you can't make such amount of money. In one way or the other the government will tax you and you'll end up rotating in £10,000 which is 10 million (naira equivalent). It's not easy to even make £5,000 and you can't hold in cash amount up to £2,000 without police questioning you.

1. You're a software engineer. I'm a medic and also a software developer (not engineer). When I travel out it took me 2yrs: 4month to settle down here (you know what I mean). But when the money started coming, it comes from what I develop not jobs. You can't make 100M from jobs, it has to be you're creating something and people are using your service like Microsoft, Jumia, Facebook, Dangote cement etc..and you're paying salary to others then such money is a change in 1yr.

2. As a developer, you must have your own product in apple store or android Google playstore with thousands to million downloads. I won't explain more here because secret of wealth is not to be disclosed except otherwise. It's a law.
But note that what I make in 8month after I settle down if convert to naira is/close to 8M. Meaning with steady reinvestment I can get up to 20M in a year. If you do your calculations it will take me 3-4yrs to make 100M from my legit business.

3. What are you doing to target 100M? Import/Export? This question should be digested first not for dummies. Who are your target audience? What's the job salary? Remember even in the USA only doctors (anaesthesia, surgeons) who had spend many years can make this in a year from their private practice or top hospital in the USA. Software developers don't stand a chance in a year. But from my experience. People like Olugbenga (owner of flutterwave - fintech), Laurin Hainy (founder Fairmoney loan app) can make those amount in a year without stress and they're paying good salaries. Remember I'm talking from experience. I don't know your job, but mine I have a app in Apple store and Google playstore with 1M downloads. I'm targeting 5M in 2years time and I make money from this app daily (30-45k a day). You can do your calculations in a month. From here I pay my workers, renew my license in this country, also settle my investors. There's no company without investors. That's a little of mine. Such money (100M) can't come from jobs. It must be from something you created as a developer but not jobs.
For those planning to start a fintech app or want to learn more about starting something and expand within 2yrs. Connect me on LinkedIn or send mail to : info.lightcloud@gmail.com

I've learnt something thanks

Snapdrag0n:

You used to see where? Even in the UK/US. Ask an employee to send you his/her payslip. If the salary is £2000 tax is about 900-1200. You end up getting £800. Most people driving cars in UK/US are doing so from their payslip. Don't be carried away by influencers. If it was so, most Nigerian politicians will migrate and live there. Having £2,000 cash you're a big boy in UK let alone £10,000? But like you say, people make it daily not from salary jobs but tech, business and anything you've developed and people are using it.

Na wa oh hmmm this thread really open my eyes sha to see the reality thanks anyway.

juliuscaesar:
I moved to America more than a decade ago, and I can tell you that it is almost impossible to make 100m naira at once abroad. At least l, not from just your salary alone.

When I got to America, I got into tech after working a few years as an office manager for a rehab Healthcare clinic. When I got into tech, my first salary was $125k with a sign on bonus of $20k.

I was not married then, so I was able to save more. A friend then advised me to trade stocks instead of letting my money sit in the bank and get only 1.5% interest in return for a year. I decided to trade stocks on the side while working full time. I got married and was making a decent amount on the side. One day, I fortunately caught on the GameStop boom a couple of years ago and made over $900k in one day as the stock skyrocket from just above $3 to $600 in 24hrs. The SEC had to put a hold on trading, but I had quickly sold.

I took that money and invested it in real estate.

Not many people are that fortunate. So, again , I say, if it is just salary, over time, you might be able to save up 100m naira, but you can NEVER do it at once.

Hello Julius pls can u assists a brother in need. No matter how small. It will be highly appreciated

Snapdrag0n:

You used to see where? Even in the UK/US. Ask an employee to send you his/her payslip. If the salary is £2000 tax is about 900-1200. You end up getting £800. Most people driving cars in UK/US are doing so from their payslip. Don't be carried away by influencers. If it was so, most Nigerian politicians will migrate and live there. Having £2,000 cash you're a big boy in UK let alone £10,000? But like you say, people make it daily not from salary jobs but tech, business and anything you've developed and people are using it.

Hi Bro…I Read what you wrote. I beg to disagree with you what u wrote about Tax … Tax on £2000 will not exceed £350…. Funny thing about this is that people abroad seems to be so secretive about what they worth, not because they don’t want to but because the environment (abroad) have trained them to understand that no matter what u have or acquire, everyone is equal before the law… U hardly see a house in Uk with fence…. Even the newbies on IG and TikTok seems to adjust immediately they move in… A family (Husband and wife can steadily save up £1500 - £2000 per month) I know what I’m talking about… I’m not saying it entirely easy but Ppl abroad tend to keep quiet most times about what they have.

MuMuOnBail:
Na wa oooo



90% of Japarians can't even buy some Bungalows in my own street here in Abuja. I said it with my whole heart.

When I returned back to Naija from Sweden, I couldn't boast of what I am having now.

My wifey is in shock how I did it (Blow like Satan II). But her lucrative job can't let her leave the country. If not she for find her way too

JAPA is not meant for everyone, if you JAPA and it favor you, thank God. If you JAPA and it does not favor you, please keep shame aside and return back like me.

My wife was literally feeding me in Sweden. I felt so useless that when I look at my naked self on the mirror in the bathroom. I see myself having a P*ssy not a Dick.

Some JAPAnarians will not even see 10million in Naira till they die talkless of 100million

Please sir, what did you do in Nigeria to make it? We want to know

YoshihideSuga:


At the first bold, there are excellent schools in Nigeria - Princeton Schools, top secondary schools like those owned by the Catholic Church (Loyola Jesuit) and other top private schools in Port-harcourt etc. Sending a child to such schools make sense as they live amongst people who look like them. Then later move to the West for teritary education. Win-Win. On the other hand, a lack of successful black people outside sports and entertainment is a UK thing. In the US, there exists many successful black people outside those sectors.

Wow! Second bold is baffling and disappointing...

Na lie! Princeton school in surulere Lagos is not one of the excellent schools in Nigeria. The children don't pay attention to their studies and are not taught good morals or well disciplined. A school my niece attends and I see her high school fees as thrown in the drain

Its seen as a school for children of the rich who are not ready to learn but only in school to get the certificate and necessary qualifications to practice as corrupt officials in their respective professions.

Trustmea:

Na wa oh hmmm this thread really open my eyes sha to see the reality thanks anyway.

Don’t be deceived .. That is not true… Ppl make money but keep quiet about it… How will someone say not so many ppl have 2000£ cash in UK and u believe it…? When ppl acquire mortgage two years after being in UK … Baba na where u see reach u go talk reach.. It’s not entirely rosy anywhere coz u gatz work.. when u do .. u earn it