₦airaland Forum

missjekyll:
Go on then...tell them the figures too...


It's 2.6%.
Target is usually around 2%.
I was alive in 2022 when it was 11% .

She is not only from accounts. She is THE accounts ...put some respect on her name

Lexusgs430:
Those WASPI ladies that voted Labour, how would they feel now....... 😊

justwise:

https://www.youtube.com/watch?v=QjEoHOLsNWg&ab_channel=VERYDARKBLACKMAN

ednut1:
this might even save you because they know it may attract wahala. Last time i was in Nigeria around oshodi i was looking for somewhere to park to buy something. I saw an okada enter a street and i followed. Next thing two officers appeared and caught me for one way. I was with my expired 9ja license and Canada licence. Their aggression changed when they saw the Canada license o. Last last they began to beg and said i should find something for the boys😂. They even had a pos operator working with them and collected 5k.

Zahra29:
Like a jilted woman lol

Jamesclooney:
Don’t expect anything less from you. You’re a Labour supporter and are partisan. So keep towing the party line as a faithful supporter

missjekyll:
Show me in this manifesto or during this election campaign where Labour made a promise to WASPI women.

They didn't.

They ran on it in 2019,the public (you) did not like that and they lost the election.
They then changed their policy for this election and won.

Have you read the new report on immigration? Any thoughts?

babajeje123:
To see many Nigerians lose their sanity and running aimlessly, just speak the truth. The peace they have from pretence would suddenly be bygone.

LORETA:
Please I need clarification.
I opened my two uk bank app and got this notification.

UPDATE YOUR TAX IDENTIFICATION NUMBER
Our record shows u are a tax resident in nigeria.
Yes or No?

Guys I work offshore with nigeria company for 5 months where I pay tax to nigeria govt. (On sea)
I also pay tax in uk when i am off , because i work in uk for 2 or 3 months when I am off.i have my NI
.

Please what should be my reply

LORETA:
Please I need clarification.
I opened my two uk bank app and got this notification.

UPDATE YOUR TAX IDENTIFICATION NUMBER
Our record shows u are a tax resident in nigeria.
Yes or No?

Guys I work offshore with nigeria company for 5 months where I pay tax to nigeria govt. (On sea)
I also pay tax in uk when i am off , because i work in uk for 2 or 3 months when I am off.i have my NI
.

Please what should be my reply

missjekyll:
Ladies and gentlemen!

I present to you the 2024 report of the migration advisory committee.
Among the highlights, the immigrant on a skilled worker visa which is 62% of immigrants contributes >£12000 while on this route.
The British citizen will take £4000 in that period.

This and many other annoying making facts available in this report :

https://www.gov.uk/government/publications/migration-advisory-committee-annual-report-2024/migration-advisory-committee-mac-annual-report-2024-accessible

Chukwuka16:
The futility of labour and the growth of the intangible economy

I digress

When I wrote about the fact that Nigerian Youths will be unable to offer humanity any value if they fail to find their way outside Nigeria to a top 20 city within the next 24 months, I did read some write up trying to contradict that based on hope.

I like your enthusiasm and process. We cant change the narratives without weeding out our evil politicians.
Just yesterday, scores of kids were reported to have died due to stampede at a Christmas event in Oyo State. Nigerians organised an event for about 5,000 families – no planning permission, no risk management, no security, no assessments, no project management, no provision for onsite medical services etc. The kids are dead, and nothing will happen. Can we also talk of countless youths who have disappeared and have ended up in shallow graves and pits?

Some weeks back, it was reported that UCH had their electricity cut off for 17 days. Yes, 17 days. I can’t imagine how many people may have died from that incident. Imagine poor parents watching their newborn babies in the neonatal ward die because there was no electricity to power the incubators.

I even watched a video recently seeing a Nigerian Youth get butchered live in Ibadan. It was chalked off to clashes between cultist groups.

People are talking about fulfilment overseas and the Nigerian Youth is struggling to even be alive (EndSars comes to mind). Even in the abroad, youths born in poor homes are set up for poverty and you think the Nigerian Youth has any hope?

Someone talked about setting up ecosystems and all. You must get your own network and encourage them to act. For me, the turning point was some years back when a bank requested that I get reference letters from businesses with owners not related to me, and my network couldn’t assist. After sorting out the bank, I got our lawyers and ensured every one of my network set up at least 2 businesses. Reference letters should be a WhatsApp request, and I have it in minutes. Today, that network includes our lawyers, accountant/audit, software specialists, subcontractors, etc. It is easier to get services and spread payment over longer periods. I can get advice in real-time without needing to pay consultation fees. Everyone is happy. There is some form of a local economy there.

Back to my thoughts

One of the interesting reads you will find me with this period is the book titled – Capitalism without Capital (the rise of the intangible economy) by Stian Westlake and Jonathan Haskel. Another that I would be spending time with, in the new year (God willing) is Technofeudalism: What Killed Capitalism by Yanis Varoufakis. I refer to these books because they help paint the picture of intangible wealth/value and the migration from feudalism to labour being a commodity to the rent system (reverse feudalism).

Gone are the days where hard work (working hard) and labouring mattered. If that is your route to prosperity today, your poverty will be amazing. The VC world has shown how knowledge can be valued and make people millionaires overnight. You conceive an idea, generate a pitch deck or MVP and voila investors hand you a term sheet and you are game. That alone has generated millions of millionaires. Many of us are familiar with stock options. You join any average tech connected company today and it standard that you are given stock options. Think of Revolut and Nvidia and a host of others and how much wealth their staff have made simply because they were employees and had stock options in those companies.

So, what has changed?

It was Myron Golden who painted this picture, and it made so much sense to me and I will share it here. There are four levels of value. The first level of value is implementation. Everyone almost starts here. Wealth is spiritual (intangible, infinite, abundant) and at implementation, what you have is your physical strength and time. Your pay is a product of your hourly wage and how much hours you work. You want more, you work more. The commodity you trade is your physical strength. The problem here is that you can only work so many hours, and you can only do so much at this level. Working longer hours does not increase your rate. Time is limited, your strength is physical and can only stretch so much leading to a natural cap on your income and “wealth”. Athletes, skilled professionals (lawyers, doctors, etc.) all find themselves here.

The second level of value is unification. This is just implementation with a multiplier. So you are here as a manager and lead a team of people. Same as implementation but managing more people. You probably have some years under your belt, or you have got better running shoes (more degrees) and “experience”. Again, no wealth generated here. Physical strength X Time X multiplier impact on salary (due to better running shoes) – remember Veronica in the online comic.

The third level of value is communication. Now wealth starts getting made here. It took me a while to get this but now it makes sense. There is a reason why Steve Jobs rocked – he was a great salesman. Look around and think of CEOs and COOs and CSOs and even CFOs. They are great and excellent communicators. Communication is a higher spiritual activity because you try to convey something to people. What you use here is your mouth or the power of writing to change mindset. Remember Adolf Hitlers Mein Kampf. Income here is ballistic. These guys have floors literally in the $tens millions.

The last level of value is imagination. Now these are the HKs themselves. Steve Jobs, Elon Musk, Mark Zuckerberg, Sam Altman, Jeff Bezos, Reed Hastings, Marc Randolph, etc. They imagined things and created whole new economies. Reason why Elon Musk can hit $400 billion in net worth and on track to $1 trillion. Think about that, Elon Musk currently has more value (valuation) than Nigeria and one-third Africa’s valuation!

We have got to play this game and big time to even stand a chance of securing our offsprings. No time.

jedisco:
Hehe... e no easy. Thought it was old until I delved in and saw it had just happened.

Japan remains a case study for western nations. Regarding birth rates, every year for them is a new low. They have thrown in almost everything to arrest their demographic decline and resultant economic stagnation. From overworking their populace to astronomical debt e.t.c. Next it would be to heavily tax contraception and mandate 'nakis'. They continue to be an evident example that it's not the migrants taking our lunch. You can be rest assured that once they hit a breakthrough that doesn’t rely on migration, most western nations would follow suit.

But wait oooo... even dating app... 😆. I wouldn't mind the UK govt subcribing to Hinge/Tinder for me though. Just imagine what the media would say if the UK govt did that...

Chukwuka16:
The futility of labour and the growth of the intangible economy

I digress

When I wrote about the fact that Nigerian Youths will be unable to offer humanity any value if they fail to find their way outside Nigeria to a top 20 city within the next 24 months, I did read some write up trying to contradict that based on hope.

Just yesterday, scores of kids were reported to have died due to stampede at a Christmas event in Oyo State. Nigerians organised an event for about 5,000 families – no planning permission, no risk management, no security, no assessments, no project management, no provision for onsite medical services etc. The kids are dead, and nothing will happen. Can we also talk of countless youths who have disappeared and have ended up in shallow graves and pits?

Some weeks back, it was reported that UCH had their electricity cut off for 17 days. Yes, 17 days. I can’t imagine how many people may have died from that incident. Imagine poor parents watching their newborn babies in the neonatal ward die because there was no electricity to power the incubators.

I even watched a video recently seeing a Nigerian Youth get butchered live in Ibadan. It was chalked off to clashes between cultist groups.

People are talking about fulfilment overseas and the Nigerian Youth is struggling to even be alive (EndSars comes to mind). Even in the abroad, youths born in poor homes are set up for poverty and you think the Nigerian Youth has any hope?

Someone talked about setting up ecosystems and all. You must get your own network and encourage them to act. For me, the turning point was some years back when a bank requested that I get reference letters from businesses with owners not related to me, and my network couldn’t assist. After sorting out the bank, I got our lawyers and ensured every one of my network set up at least 2 businesses. Reference letters should be a WhatsApp request, and I have it in minutes. Today, that network includes our lawyers, accountant/audit, software specialists, subcontractors, etc. It is easier to get services and spread payment over longer periods. I can get advice in real-time without needing to pay consultation fees. Everyone is happy. There is some form of a local economy there.

Back to my thoughts

One of the interesting reads you will find me with this period is the book titled – Capitalism without Capital (the rise of the intangible economy) by Stian Westlake and Jonathan Haskel. Another that I would be spending time with, in the new year (God willing) is Technofeudalism: What Killed Capitalism by Yanis Varoufakis. I refer to these books because they help paint the picture of intangible wealth/value and the migration from feudalism to labour being a commodity to the rent system (reverse feudalism).

Gone are the days where hard work (working hard) and labouring mattered. If that is your route to prosperity today, your poverty will be amazing. The VC world has shown how knowledge can be valued and make people millionaires overnight. You conceive an idea, generate a pitch deck or MVP and voila investors hand you a term sheet and you are game. That alone has generated millions of millionaires. Many of us are familiar with stock options. You join any average tech connected company today and it standard that you are given stock options. Think of Revolut and Nvidia and a host of others and how much wealth their staff have made simply because they were employees and had stock options in those companies.

So, what has changed?

It was Myron Golden who painted this picture, and it made so much sense to me and I will share it here. There are four levels of value. The first level of value is implementation. Everyone almost starts here. Wealth is spiritual (intangible, infinite, abundant) and at implementation, what you have is your physical strength and time. Your pay is a product of your hourly wage and how much hours you work. You want more, you work more. The commodity you trade is your physical strength. The problem here is that you can only work so many hours, and you can only do so much at this level. Working longer hours does not increase your rate. Time is limited, your strength is physical and can only stretch so much leading to a natural cap on your income and “wealth”. Athletes, skilled professionals (lawyers, doctors, etc.) all find themselves here.

The second level of value is unification. This is just implementation with a multiplier. So you are here as a manager and lead a team of people. Same as implementation but managing more people. You probably have some years under your belt, or you have got better running shoes (more degrees) and “experience”. Again, no wealth generated here. Physical strength X Time X multiplier impact on salary (due to better running shoes) – remember Veronica in the online comic.

The third level of value is communication. Now wealth starts getting made here. It took me a while to get this but now it makes sense. There is a reason why Steve Jobs rocked – he was a great salesman. Look around and think of CEOs and COOs and CSOs and even CFOs. They are great and excellent communicators. Communication is a higher spiritual activity because you try to convey something to people. What you use here is your mouth or the power of writing to change mindset. Remember Adolf Hitlers Mein Kampf. Income here is ballistic. These guys have floors literally in the $tens millions.

The last level of value is imagination. Now these are the HKs themselves. Steve Jobs, Elon Musk, Mark Zuckerberg, Sam Altman, Jeff Bezos, Reed Hastings, Marc Randolph, etc. They imagined things and created whole new economies. Reason why Elon Musk can hit $400 billion in net worth and on track to $1 trillion. Think about that, Elon Musk currently has more value (valuation) than Nigeria and one-third Africa’s valuation!

We have got to play this game and big time to even stand a chance of securing our offsprings. No time.

Chukwuka16:
The futility of labour and the growth of the intangible economy

I digress

When I wrote about the fact that Nigerian Youths will be unable to offer humanity any value if they fail to find their way outside Nigeria to a top 20 city within the next 24 months, I did read some write up trying to contradict that based on hope.

Just yesterday, scores of kids were reported to have died due to stampede at a Christmas event in Oyo State. Nigerians organised an event for about 5,000 families – no planning permission, no risk management, no security, no assessments, no project management, no provision for onsite medical services etc. The kids are dead, and nothing will happen. Can we also talk of countless youths who have disappeared and have ended up in shallow graves and pits?

Some weeks back, it was reported that UCH had their electricity cut off for 17 days. Yes, 17 days. I can’t imagine how many people may have died from that incident. Imagine poor parents watching their newborn babies in the neonatal ward die because there was no electricity to power the incubators.

I even watched a video recently seeing a Nigerian Youth get butchered live in Ibadan. It was chalked off to clashes between cultist groups.

People are talking about fulfilment overseas and the Nigerian Youth is struggling to even be alive (EndSars comes to mind). Even in the abroad, youths born in poor homes are set up for poverty and you think the Nigerian Youth has any hope?

Someone talked about setting up ecosystems and all. You must get your own network and encourage them to act. For me, the turning point was some years back when a bank requested that I get reference letters from businesses with owners not related to me, and my network couldn’t assist. After sorting out the bank, I got our lawyers and ensured every one of my network set up at least 2 businesses. Reference letters should be a WhatsApp request, and I have it in minutes. Today, that network includes our lawyers, accountant/audit, software specialists, subcontractors, etc. It is easier to get services and spread payment over longer periods. I can get advice in real-time without needing to pay consultation fees. Everyone is happy. There is some form of a local economy there.

Back to my thoughts

One of the interesting reads you will find me with this period is the book titled – Capitalism without Capital (the rise of the intangible economy) by Stian Westlake and Jonathan Haskel. Another that I would be spending time with, in the new year (God willing) is Technofeudalism: What Killed Capitalism by Yanis Varoufakis. I refer to these books because they help paint the picture of intangible wealth/value and the migration from feudalism to labour being a commodity to the rent system (reverse feudalism).

Gone are the days where hard work (working hard) and labouring mattered. If that is your route to prosperity today, your poverty will be amazing. The VC world has shown how knowledge can be valued and make people millionaires overnight. You conceive an idea, generate a pitch deck or MVP and voila investors hand you a term sheet and you are game. That alone has generated millions of millionaires. Many of us are familiar with stock options. You join any average tech connected company today and it standard that you are given stock options. Think of Revolut and Nvidia and a host of others and how much wealth their staff have made simply because they were employees and had stock options in those companies.

So, what has changed?

It was Myron Golden who painted this picture, and it made so much sense to me and I will share it here. There are four levels of value. The first level of value is implementation. Everyone almost starts here. Wealth is spiritual (intangible, infinite, abundant) and at implementation, what you have is your physical strength and time. Your pay is a product of your hourly wage and how much hours you work. You want more, you work more. The commodity you trade is your physical strength. The problem here is that you can only work so many hours, and you can only do so much at this level. Working longer hours does not increase your rate. Time is limited, your strength is physical and can only stretch so much leading to a natural cap on your income and “wealth”. Athletes, skilled professionals (lawyers, doctors, etc.) all find themselves here.

The second level of value is unification. This is just implementation with a multiplier. So you are here as a manager and lead a team of people. Same as implementation but managing more people. You probably have some years under your belt, or you have got better running shoes (more degrees) and “experience”. Again, no wealth generated here. Physical strength X Time X multiplier impact on salary (due to better running shoes) – remember Veronica in the online comic.

The third level of value is communication. Now wealth starts getting made here. It took me a while to get this but now it makes sense. There is a reason why Steve Jobs rocked – he was a great salesman. Look around and think of CEOs and COOs and CSOs and even CFOs. They are great and excellent communicators. Communication is a higher spiritual activity because you try to convey something to people. What you use here is your mouth or the power of writing to change mindset. Remember Adolf Hitlers Mein Kampf. Income here is ballistic. These guys have floors literally in the $tens millions.

The last level of value is imagination. Now these are the HKs themselves. Steve Jobs, Elon Musk, Mark Zuckerberg, Sam Altman, Jeff Bezos, Reed Hastings, Marc Randolph, etc. They imagined things and created whole new economies. Reason why Elon Musk can hit $400 billion in net worth and on track to $1 trillion. Think about that, Elon Musk currently has more value (valuation) than Nigeria and one-third Africa’s valuation!

We have got to play this game and big time to even stand a chance of securing our offsprings. No time.

Zahra29:
.

Sweetkid:
Please kindly recommend any free app, some i have seen are paid .

Zahra29:
I don't know any free apps unfortunately. The one we used was a bit pricey - I think it cost 9.99 but it was the only one that worked. Other (paid) apps generated the same errors :/

Hopefully someone will opine on how they got around it or recommend a free app.

Lexusgs430:
I had similar issues, a few months ago.... I simply abandoned the application process.....

What was the name of the app you used..... 😂

Thank you.....

Zahra29:
Lol! I think they designed the process to be as frustrating as possible 😂

The app is called 7ID

Chukwuka16:
Contextualising the UK: motivations to own and run a business at scale

Don't mind me. I like to document my thoughts as they come and this is part of that series as 2024 comes to an end.

Viruses:
I usually skip lengthy posts, but this time because of the captivating heading I decided to take the time to read this lengthy posts start to finish.
It just validated many other lengthy posts I've skipped, nothing to learn from it.