₦airaland Forum

frog12:
these people and their lie lie figures again. how did he count them?

where this man get him doctorate from again?

But you believed the economy is getting better just by same statistics

Una mumu dey amaze people oo

abasiubong94:
Omor omor omor omor I run small business. Sometimes when someone saw you going out to hustle for morning they'll think you have made it. But my business is going down since January. Worst patronage ever. My friends have closed their shops. I run phone repairs and accessories

Boss it is just too pathetic these days ooo

Person go make 10k use 15k for expenses

I swear, mine is included

franchasng:
That is the trademark of Bola Tinubu.

All he cares is to increase tax and collect more tax and levies not minding how business owners and their businesses are managing to stay in business with dying purchasing power of Nigerians as a result of his senseless stupid policies



Honestly, Tinubu has to go. In fact, 2027 seem too far for Tinubu to go, it ought to be next month

Next moth is too Far
Dude causes more harm for every second he stays there

helinues:
How many new established business?

Tell us

fredoooooo:
The ones that open new nko ? Abi Na only bad news dem wire una brain to ..

Show us a reliable list of new companies that opened

DeepSight:
Suddenly you have this weak brief meaningless riposte. But when you see lies claiming zillions of dollars have been gained and that prices have divinely crashed, you will be prancing about like the slavish serpentine twisted toddler that you congenitally are.

You are one of the worst online characters one has ever witnessed, you are a curse to all people, to your family and to you country and you will perish in self contrived penury of the worst kind.

Press the neck....

Antichristian2:
Hmm.....live us about debit and credit. As some exit others enter!


New babies are given birth to just as many are dying!

Show us the new "babies" you are talking about, Mr Islamic bigot

zero8zero:
Lol, 7million small businesses s easy with the lies abeg. How many businesses do we even have overall.

Nigeria has over 200 million in population. How can 7 million be too big in your eyes?

Are you wise or stupid?

JASONjnr:
Alot of other smaller businesses are springing up every second......

Show me the new small businesses that sprung up

But what of the noise World Bank is making that things have started changing due to economic reforms of Tinubu as advised by the body?

All thanks to..............

The business environment has truly been harsh and unpleasant for the economic activities.

Tell it to that fat man that was blabbing about using 40m to start a business instead of moving abroad.

Expected!

This is a huge achievement for a 'first-class graduate' accountant from Chicago state university.
It really shows that he is working.
Citizens purchasing power is now low.
Minister of power came out to educate us on how to manage unit.
Media assistant taught us to have multiple streams of income.
From high unemployment rate to high rate of
begging by the citizens...

Just mention one area that this government has impacted positively on the life of the citizens?


Tinubu is really working

Emilokan till 2031

zero8zero:
Lol, 7million small businesses s easy with the lies abeg. How many businesses do we even have overall.

We have 24 million and 30 percent shut down

helinues:
How many new established business?

Dey play.

fredoooooo:
The ones that open new nko ? Abi Na only bad news dem wire una brain to ..

Tell us about them, since you happen to know them.

post=134481021:
Investors are willing to engage regardless of currency value, as long as policies remain consistent.

animal

helinues:
How many new established business?

Go and count na as you lack work to do.

zero8zero:
Lol, 7million small businesses s easy with the lies abeg. How many businesses do we even have overall.

Says a clueless ma

Righthussle:
This is what i tell people who say crypto is risky. Business is riskier.

Living in Nigeria is already risky so anything you do here is risky. Let whatever you do be online based or abroad based. This country is impossible

Watch, APC will blame PDP

Omooba77:
https://www.vanguardngr.com/2025/03/over-7m-small-businesses-shut-down-in-2-years-nesg/

That’s literally 2 years of lower purchasing power, lower gdp indices and rising inflationary cpi

And those figures majority are from the low income bracket or even poor

Omooba77:
https://www.vanguardngr.com/2025/03/over-7m-small-businesses-shut-down-in-2-years-nesg/

Some of the major achievements of Tinubu's almost two year administration so far ...

Congratulations 🎉

It is too easy to start business in Nigeria. So,

1. Some enter into businesses they have no clue about
2. Some enter into businesses because they heard the nice things without the bad part
3. Some got lucky and got unplanned cash
4. Some just have no business in business

Solution
1. Govt needs to strengthen Start Up Business Agencies at the Federal and State Level.
2. Registration of Business should come with short video presentation on basic business practices in multiple languages
3. Business loans should be available to support businesses only after completing some classes - group classes at the local level
4. Pair new startups with mentoring programs and give tax breaks to business owners that mentor startups
5. Discuss the risks and dangers of opening businesses you have no clue about or alternate to businesses like investment in stocks or buying shares in businesses

Do not get me wrong...businesses open and close everywhere for these same reasons globally. My experience asking Nigerians show most are not really ready to start a business but they do so anyways against my advice ...then ask for support when they run into calamities.

So what should you look at before starting a business...

1. is the StartUp capital enough to generate a viable business?. A N500k may generate N50k a month and a N5m may generate N500k but if your shop rent is N500k...that first business will only generate N600k of which N500k will go into rent, more than N100k will go into transport and you will be running at a loss. The N5m business may have a rent of N2m per year but you will be spending only 33% to pay rent with enough funds to expand.
2. Is this a full time business or a side business? Some businesses are meant to be sidegigs not full time...which means you need other sources of income.
3. Calculate your other expenses...can your business sustain both business and personal expenses? If not, you will be eating the business profits to fund personal expenses.

That is enough for today. Have a blessed week

Omooba77:
https://www.vanguardngr.com/2025/03/over-7m-small-businesses-shut-down-in-2-years-nesg/

Tpain is Real.

DeepSight:
Suddenly you have this weak brief meaningless riposte. But when you see lies claiming zillions of dollars have been gained and that prices have divinely crashed, you will be prancing about like the slavish serpentine twisted toddler that you congenitally are.

You are one of the worst online characters one has ever witnessed, you are a curse to all people, to your family and to you country and you will perish in self contrived penury of the worst kind.

Inshallah