₦airaland Forum

Emmanuel909090:
It's all about lack of proper planning.

If you plan to return, you should also plan a sustainable business or project that will sustain you.

Don't come back here hoping to get a job.

ednut1:
Nigeria is hard business wise. Without government patronage , connect or contracts you will likely fail. During Yardua presidency many Nigerians came back from abroad. They have all mostly returned after 9ja shower them shege

ednut1:
Nigeria is hard business wise. Without government patronage , connect or contracts you will likely fail. During Yardua presidency many Nigerians came back from abroad. They have all mostly returned after 9ja shower them shege

Pentagon007:
It will be a very costly mistake for anyone to come back to Nigeria from wherever you are. From those that i have come across, they mostly regret it. One of my close relation who came back from just Gabon after spending many years there and persistent callings from family to come back. 15 years later, he is still regretting making that move to come back to Nigeria. It will be a situation of loss and no gain whatsoever.
Before you come back, ask yourself - what are you coming back to? Even from the daily news you get from Nigeria is enough intel to tell you whats up.

My final advice: if you are based anywhere outside Nigeria, Never come back!!! At least not for now. Its a DEAD country and will remain so for a very long time to come.

OkanlawonB:
If you find yourself abroad, especially in one of the Western countries, one of your

priorities should be to obtain the citizenship of your host country.


With your dual natiionality at hand, relocating back to Nigeria should not Pose any

challenge to you.

For financial security at home invest only in low risk, low returns sector like

landed properties.

DuBLINGreenb:
Wow 15 years later 😮 🙆🏾‍♂️
See hooge mistake wey person dey regret for 15 years
No be small thing oh
It reminds me of that one tv show in Nigeria were one of the characters who is a mechanic usually says “I miss abroad” whenever Nigeria happens to him or someone else, he will immediately have flashback of his time abroad and shake his head in pity and say “I miss abroad”. Kate henshaw was in the show as a restaurant owner.

Back to the matter you know what makes what you just typed even more pitiful? Nigeria has only gotten worse in those 15 years oh.

So if the guy was hoping “e go better” in year 1, year 2, year 3 till 10 then 15 omo I can’t imagine how he is feeling now.

Another thing is people who could have afforded to japa with ease just 2 years ago, will need to struggle to japa today and people who would japa with ease 15 years ago in 2009 when 1 U.S dollar was only 154 Naira will not be able to japa at all today that 1 dollar is 1,641 naira

Everything you typed is on point.

All the news about Nigeria are Negative even today the Children held in police cell for 90 days and told to bring 10million naira each for bail with 2 sureties of grade level 15 in civil service with employment letter and last promotion letter and a family member. To the black out in the North for weeks abi months because allegedly terr*rists blew the transmission lines and are stopping the Nepa officials from going to fix it, to fuel price hike and even though Dangote has fuel Ipman and govmt are refusing to buy from him , Naira devaluation, police accidentally crushing 35 year old woman to de.ath etc. etc.

All bad news the sad part and the reason for this thread is some times people forget why they left in the first place, they forget what their life’s were on day to day basis they get used to the 24/7 electricity, getting paid salary on time every week or every 2 weeks, they get used to good roads, good security, clean environment, job availability abroad and mistakenly think “well life will be the same in Naija as it is abroad but with family & friends & good weather.

When they start thinking of Nigeria they have nostalgia they only remember “good times” parties, clubbing, family, friends, food, entertainment they forget every other thing I listed earlier, the power failure, insecurity, the police check points and bribery, the fact that it takes years to get a job. The sachet water wrappers, plastic bags and dirt everywhere, people throwing refuse in the drainage and the sides and center of the roads, the traffic, the heat, election violence etc.

Add to the fact that some in Nigeria will say leave that dish washing job, that cleaning old people yansh that pays you 11pounds an hour for 20 or 40 hours a week = £440 (938,000 naira a week) (with all the infrastructure safety and amenities the UK or similar countries have) come and be a manager of a bank for 300,000 a month you will not do anything just sit in the office and people will worship you.

Some Nigerians abroad when they face one or two challenges (weather, lack of social life or man and woman) will start to fall for it.


Will you rather have social life & “good weather” and be able to save between 0 - 50,000naira every month from your 300,000 monthly salary if you even see work that will pay you 300,000 per month or sacrifice that social life small, endure the cold weather and have the opportunity to be able to save one week salary or half of one week salary of £200-£440 (420,000naira to 940,000naira) every month out of your monthly salary for those who work full time.

DuBLINGreenb:
I know bro, I told someone I wanted to buy a rental property for 10m some small apartments but the rent yearly I will receive was 180,000 to 200,000 per year

Which will mean it will take me 50 years to get back my 10,000,000 naira I put into the house

Not only that the 200,000 naira will not be enough to do anything significant in my life, in the international market that 200,000naira is $121 today not enough to pay my one months rent abroad. Not enough for anything

I have thought of so many investments in Nigeria but all of them are loss making ventures.

Another problem is the devaluation of the naira, if you invest $10,000 in Nigeria let’s assume you get 100,000 naira weekly or monthly from the business assuming that 100,000 naira is $100 today by next tomorrow it will be $98 four days from today it will be $80 3 weeks from today it would be $50

So the money you make in Nigeria just keeps losing value due to no fault of yours.


And we haven’t even touched on people ripping you off if you aren’t present in the country to watch/oversee your business yourself


I think the best approach would be move to Nigeria yourself and invest or find someone you can absolutely trust to carry on the business otherwise don’t invest

OkanlawonB:
■ If you find yourself abroad, especially in one of the Western countries, one of your priorities should be to obtain the citizenship of your host country. With your dual natiionality at hand, relocating back to Nigeria should not Pose any challenge to you. For financial security at home invest only in low risk, low returns sector like landed properties

Emmanuel909090:
■ It's all about lack of proper planning. If you plan to return, you should also plan a sustainable business or project that will sustain you. Don't come back here hoping to get a job.

DuBLINGreenb:
■ This is a very good point, I share the same views. Don’t return to Nigeria hoping to get a job but return with the intention of creating jobs.

Kobojunkie:
Intentions of creating jobs? Or going in with some sort of savior complex— thinking you can make all of the problems disappear if you only gave some people work?

I watched a video some days ago where Isaac Fayose told of how he invested Naira 50 million of his money into a business of his. He created jobs as you suggested but guess what? That business was run down in just a matter of months. Great business plan, and an excellent location as well, but unfortunately, he had Nigerians working for him, and they, according to him, ate up the business before it could even take off, and it is not for him not trying his best to make certain it worked. 🤔

DuBLINGreenb:
■ That’s true I also saw part of that video and it’s true,
► I have many similar experiences of family members with similar stories an uncle of mine who is late now he used to have a fairly large poultry the guys managing it always told him the birds aren’t laying
When he retired he started living in the farmhouse and suddenly the chickens were laying more eggs than ever before 🤣 but still he caught several workers stealing the eggs but they no longer had freedom to steal as much as they used to steal before.
► my mom had a small farm she paid had someone looking after it the same issue the guy would harvest the plantains and claim this year was bad year for plantains or someone jumped the fence and stole it when he was not around meanwhile he has cooked them.
► A friend of mine who owned a small shop his worker used to steal the fuel he bought and did not use to remit all the money it was when he put his mom in charge she caught the boy.
► I’ve also seen videos of a madam and her sales girl online where they went to the girls house and saw she had stolen shoes, bags, slippers, clothes etc from the shop and some where with her some she “dashed” her sister. The madam told her to demonstrate how she used to steal from the shop.
► It is your comment that refreshed my mind to all these things, bro you are very right there are many more I don’t have time and space to type her Uber and bus, the guy claimed he wasn’t working for 3 days now because he was sick or something only for him to have accident and that was how madam owner of bus found out he had been working all these while and he wasn’t sick he then lied that he needed the money for his pregnant wife and mothers burial only for the madam who is a police officer to call police in the area who confirmed after holding the bus drivers brother that the mother had died loooooong ago and was already buried and the wife wasn’t pregnant. By the way the madam had to repair the bus because the driver had no money at all allegedly, he was willing to sleep in cell rather than pay money for repairs or remit the money for the 3 days he was working and claiming to be too sick to drive.
■ And imagine all these stories are of people who are in the same country and state as the business yet they are reaping them imagine aid they were abroad 🤣 the workers will eat everything run it down 💯

Kobojunkie:
Tell that story to those who invested in land in Abuja that are now battling to keep Wike from taking over their lands. So many other Nigerians, both at home and abroad, have had their lands literally stolen right from under them. Yet you continue to insist that investing in land is the safest? Why do you people do these things to your fellow men?

Kobojunkie:
What sustainable business or project? Even undertakers are experiencing hard times with customers not having money to pay for the burial of their loved ones. You have a country where companies that have been there for many decades are packing and leaving after exhausting all of the plans they had.

What proper planning? Why are many of you always quick to sell to others ideas that have not panned out for your own selves? Everyone in Nigeria is struggling from the devasting effects of corruption and incompetence that the government of Nigeria.

Emmanuel909090:
Because big companies are packing up, you think everyone is suffering? Anyways when you have a chicken mind you will always think like one.
This same economy is favourable to some people.

Secondly, you think I have not planned out one for myself?
Even if the economy returns to Johnathans regime, and you fail to make proper plan and run back to Nigeria, my brother you would have still suffered.

Usefulsense:
I am afraid of going back to Nigeria after reading this.

maternal:
Mother passed away, and a cousin stole her house. This is a person we took care off from birth, as his mother, my Auntie, died from child birth. My mother bought that house and let him live there rent free for decades. He was literally waiting for her to die. I decided not to prosecute him because it's cheaper to cut him off financially. The house wasn't worth that much. He's now crying as the money is finished. Begging for forgiveness. I have blocked and disowned every family member in that zoo of a country. Every single asset is being sold off as i'm completing my divorce from that country and its people.


My good friend who's based in the UK, and her brothers are based in Canada & US, decided to hire domestic help, as their momsy is still based in naija. All make good money in pounds and dollars. They hired a driver. Paid him 150k naira per month. Paid his daughters school fees. They'd give him food to go home with every night. Enough food for his wife and daughter. This man decided to defraud them of 300k naira. 2 months worth of salary. They sacked him and he cameback crying as he's now jobless and looking hungary. He's been banned from the estate by the security. He even attempted to fight the new driver.

You see, the typical Nigerian in Nigeria is a thief and bafoon. Anybody without serious Dangote like connections who decides to invest within that jungle called Nigeria is a fool. Point blank. If your employees don't steal from you, your family members will. The people are no different from the politicians. Incompetent thiefs.

maternal:
Which people is this economy Favorable too ?

Usefulsense:
I am afraid of going back to Nigeria after reading this.

ednut1:
people selling inverters, people importing drugs, people with political connections, just a few people o

ednut1:
people selling inverters, people importing drugs, people with political connections, just a few people o

AngelicBeing:
Selling inverters ke