iamoyindamola:

If i get the 20m why will i want to japa when i can be a king in this shit hole
Them no they wise sha, they think raising bar will limit the migration

raumdeuter:


If you get 20m still japa e get reason

Those who get 10m this time last year think say dem dey ball, what's the value of their money today

KingCold:
This is Khayelitsha my guy, as toured by you own...There's no slum in SA comparable to what I've seen of Makoko

https://www.youtube.com/watch?v=28a3H9BWtLQ&t=111s
I'm not from Cape Town but i'd rather live in Khayelitsha than anywhere in Nigeria

Godx:

So you are basically saying it's going to get worst under your Tinubu?

According to data from Layoffs.fyi, a site tracking layoffs since the start of the pandemic, tech companies slashed more than 253,000 jobs in 2023 alone — compared to during the pandemic, when they cut 80,000 in March to December 2020 and 15,000 in 2021.

JaceBlaze:


Easily.Give me the worst slum in SA and I'd still take it over anything in Naija.

raumdeuter:


Things are getting worse all over most of Africa

Someone shared the depreciation of Angolan currency and they didn't vote Tinubu. There is inflation all over the world currently companies closing, massive layoffs going on even where I live and 3rd world countries will be affected more

GrammarNazi1:

A South African man had sex with a donkey, you clown!

https://www.thesun.co.uk/news/4572025/man-sex-donkey-south-africa-witch-doctor-jailed/

iamoyindamola:
See wetin person do for russia

https://www.nairaland.com/7933979/school-shooting-russia-graphic-pics

WhoDeyHause:

That girl is brutal. Look at how she divided that kid's brain with that pump action.

iamoyindamola:

I fear pump action pass anything
That weapon effect can't be repaired

Melvyn11:
See what a 16yrs old boy is carrying

Kholiwe:

Thank you for showing us your gender is deranged. Fear men, use 365days to fear that useless gender.

Amigoss:


There will be a time 20million no go get value for Nigeria again....Nothing goes up in Nigeria and ever comes down....At this rate,egg might sell for 500naira in our lifetime

WhoDeyHause:

I swear. Gun that scatters body parts. For a 14 year old girl to even be able to use it like a trained soldier is crazy. If you go offend those type of ladies just go and apply for visa to Japa if you don't have.

WhoDeyHause:

Well it depends on different individuals and grace attached to a person. 20m to me is still a tangible sum to invest in and grow to be a king in this shithole despite the rising inflation, security challenges and bad policies bro. One can think of several businesses 20m can recoup good sums for in the future. You can even travel out at will for visiting. As much as the hardship of the country is pushing almost everybody to their limits not everyone would have a nice landing over there with time. Some would even be deported.

WhoDeyHause:

17. She's just three years older at 20. He has the money and the fame so of course this is nothing. Go and see some nba stars carrying some slay queens old enough to even be their aunties or even mum self.

Godx:

Nigeria own massive inflation is down to your fraud and his failed policies.

BlueRayDick:


Mention one of those "several businesses" u will invest N20m and "recoup good sums from in the future". I want to check something.

raumdeuter:


Like which failed policies? List them

Melvyn11:

He is too small for all these things. All these footballers and carrying big things at young age.

WhoDeyHause:

Well stuff like cement distribution, supplying building materials, food either raw or fast food, transportation, buying bet shops, buying few lands to build on to rent out or lease or just for it to rise in value to sell off in future. The exchange rate has weakened how far that money can go alright but I think it's still okay as at this moment to begin something tangible.

BlueRayDick:


1. Cement distribution requires u buy at least one Howo Sino truck that doesn't cost less than N35m before the removal of subsidy and floating of naira. U will be compelled to insure the truck by Dangote and insurance will not charge u less than 5% of the value of the truck. If u add N35m to N1.750m that's already N36.750m. Remember u have N20m.

2. Fast food: U will require a space u will pay at least one year rent, renovate the place, equip with modern kitchen wares, ovens, heat extractor, chillers, ice cream machine etc. U will pay tenement rates to the local government, u will pay corporate tax to state government and u will pay for permits to operate ur business without government agencies coming to disturb u frequently. If u are in Lagos, u will also pay for the front of ur premises where customers will be parking. Remember u have 20m to do all these and still pay ur staff salary while u are yet to breakeven in the early days of ur operation.

3. Transportation: Motor parts are very expensive now; If ur vehicle develops major fault it will swallow some of ur money. If u are unfortunate to deal with wicked drivers like Raumdeuter shared his experience that day ; u may even borrow money to clear ur debt after selling the vehicle at a knocked down price when driver show u shege

4. Buying Land: U can buy land worth N20m today and sell it N60m in 4 years yet the N60m would not carry same purchasing power ur N20m today does. Why ? Because of devaluation of naira . I always laugh when those selling land like Adron Homes go on TV or radio shouting that people buy land and keep using that same line.

5. Buying Bet shops: I think Bet shops were profitable around 2012-2017 when online betting was not really a thing. Nowadays almost everybody has bet app on their phones thereby bypassing bet shop owners. Only few unlettered people, artisans or egbon adugbo still go to bet shops. I mean the same set of people u will see in baba Ijebu shops. U might end up selling ur computers cheap due to lack of patronage if u invest money in bet shops in this present day. Except u site it in a major market place or commercial area

WhoDeyHause:

No Lagos can't be used to do some of those stuff I listed. Lagos and Abuja. Well you know more than me pertaining business. So like this it's just better to use that 20m to leave the country by any means rather than any type of investment boss?

Godx:

He is just using extreme examples. 20million is more than enough to set up a profitable business in various parts of Nigeria.

WhoDeyHause:

No Lagos can't be used to do some of those stuff I listed. Lagos and Abuja. Well you know more than me pertaining business. So like this it's just better to use that 20m to leave the country by any means rather than any type of investment boss?

Godx:

He is just using extreme examples. 20million is more than enough to set up a profitable and lucrative business in various parts of the country.

izzou:
BlueRayDick

1) Cement distribution doesn't mean you must own the truck. There are 3rd party companies that haul for a fee. 600 bags of Cement cost less than 4 million naira. Someone with 20 million can commit 2 million to learn the ropes, before fully investing.

2) Fast food have different categories. You can build a little koisk in a high traffic area, sell Shawarma and all those stuffs at night, and learn your ropes till you're able to expand

3) Transportation depends. You cannot buy a Tokuboh Hiace at 20 million; You can also buy 5 Keke Napep at 7 million and put all on Hire purchase. That's the safest bet for Transportation for me.

4) I no sabi Land

5) Woe betide BetKing and Bet9ja

Summary: 20 million naira is very much okay to start and live comfortably here. Not saying it is big money converting to dollars, but it's more than enough capital to start many businesses

BlueRayDick:


There's this saying that "To start chaos is easy" (I don't know the original aurthor)

I'm not saying N20m will not start any business, If u check my initial post to Whodeyhause I quoted the part he said "invest N20m and "recoup good sums from in the future". Na that good sum/profit in the future I no agree with. So I will use it to address ur post.

1. The scenario I painted about the cement distribution is actually for someone who is a third party carrying products for Dangote.Those ones buy their truck and register under his franchise. Trust me, N20m will not set u up for that business ; I know quite a number of people in that line of business. Except u are referring to those who have shops/depot where would-be customers come around to buy and arrange for transportation by themselves. I don't even think that is really profitable like that.

2. If it's just shawarma , finger foods and barbecue u want to sell in shops, then u don't need N20m at all.

3. Yeah, hire purchase definitely works but u go get soldier, DPO/Area commander, OPC , Ogboni and Babalawo on speed dial to really keep ur debtors in line