₦airaland Forum

izzou:
[color=royalblue]I no know nau

I just know say Police never ask me for Custom papers.[/color]

Make police wey never buy Sallah ram no catch u sha

iamoyindamola:
E be like say izzou dan japa

Aswear.

BlueRayDick:
Make police wey never buy Sallah ram no catch u sha

Wetin be this again na

nihilistjnr:
Omo my dad suffered trying to run piggery and fishery back in the day.

He bought some land around the Sango toll gate area and setup a few ponds and a couple of sheds for some pigs. I used to hate school holidays back then because it meant working long hours on a dirty smelly farm with all kinds of insects biting you from every angle.

Once a week, we would go to Nestle factory in Agbara estate to buy waste product from producing golden morn then bring it back to the farm in huge buckets which was already back breaking work, but then we'd have to break it down into smaller bits to feed the fish which was just mind-numbingly boring.

Then we would have to make our own pellets for feeding the some of the other fish as well, which was even more boring. In addition to this, we have to spread nets over the ponds to protect from the herons that would often swoop in, break them and eat our fish. The problem was that the fvcking fish too were eating each other, so we also had to keep draining the ponds to sort the fish by size and move them to different ponds, because Catfish are joyless cannibals when they see their smaller brethren.
And that's also not accounting for the locals in the area that would hop our fence with net and basket to steal fish as well. We caught one particular guy in broad daylight on Sunday afternoon when my dad decided we must go and farm after church, and my brothers and I used annoyance and frustration to beat the guy to almost an inch of his life.
Then the locals gathered to threaten our whole family, my Dad pulls out a machete from the boot, and it becomes this whole mess that only the local Baale could resolve...which required my dad to to squeeze something to the actual thief, and act that pained him and all of us die

Anyway after draining the ponds you have to clean out all the muck and disgusting sht at the bottom, check the gills of the fish for fungus, and all manner of othet disgusting activities.

The piggery side of things was only slightly less disgusting. Pigs don't have hair so they coat themselves in all kinds of literal shit to protect themselves from flies and insects, and given that the farm was basically by a canal, you can only imagine what the hellscape looked like. The stench was unbearable sometimes. Some pigs are also f<cking aggressive and will happily bite your hand off if they could, so we had to watch out for the odd Napoleon when the sows were in hear. The boars will try to bite you and each other, as well as fvck each other. The sows will try to bite you and each other as well as fvck each other. And they're also cannibals.

I say all of that to say this - after enduring all of that BS, when it came to selling the meat and fish, the market women would price you down to almost a kobo if they could, and I saw my dad close to tears on one occasion when he realised that his side hustle wasn't just going to fail to generate the type of revenue he expected, he was going to be disrespected repeatedly during negotiations with the exact type of people he absolutely despises.

After running at a loss for a few years, the nigga just disbanded the whole thing, did a giveaway sale and shutdown operations, but that wasn't even the end of the L. The area where the farm was located is too marshy to support house building without sinking stupid amounts of money into just the foundations alone, and nobody with the kind of money to do that is going to want to live anywhere close to the area, and so he sold the land for I think close to 50% loss.

Monumental L all around. I pity anyone trying to do that business at a small scale. You're just pissing in the wind.

Sorry man. And this was a business run with the fam, not some workers adding thier own ripping to it

As an aside you guys were running your own naija simple life show

Ibime:
PV also follow which Potvalor provided, but the assumption behind my calc is not to touch the money for 30 years, and then you can compare both figures in 30 years to see which one big pass.

....

Semid4lyfe, abeg help unban me and my post(s). There’s a few points relevant point there

Ibime:
PV also follow which Potvalor provided, but the assumption behind my calc is not to touch the money for 30 years, and then you can compare both figures in 30 years to see which one big pass.

Yeah I get. But day 1 usually matters a lot in these sort of decision making and PVing future cashflows makes more sense

In most scenarios, the 1k per day is the better option.

Infact, for those who prefer the 5million option - Godx, Afrodoc, raumdeuter, monerozzi & co cos of the lump sum on day 1, there's an easy solution

All you have to do is approach any (solid) financial institution with the airtight contract (usually one with little or no credit risk) - say from a govt institution that clearly states the contractual obligation of $1k per day.

The financial institution would happily offer you at least $6 - $6.5million on day 1. It's the same way the loan system works. Because ultimately, they would get more in 30 years

User09:
All you have to do is approach any (solid) financial institution with the airtight contract (usually one with little or no credit risk) - say from a govt institution that clearly states the contractual obligation of $1k per day.

The financial institution would happily offer you at least $6 - $6.5million on day 1. It's the same way the loan system works. Because ultimately, they would get more in 30 years

GBAM!

Defense Minister Katz, visiting Sha-Nur after approving 22 new settlements in Judea and Samaria:

“This is a historic moment for settlement, a crushing answer to the terrorist organizations and a clear message to Macron and his friends: You will recognize a Palestinian state on paper and the paper will be thrown into the dustbin of history. Settlement in Judea and Samaria will strengthen… Do not threaten us with sanctions — you will not bring us to our knees.”



While idiots in the west and paliclowns are chanting "one day Palestine will be free" Israel is systemically claiming back their ancestral land,if you like cry occupation or ethnic cleansing,war have consequences and one of them is displacing enemies.

KingTom:
Wake up in the morning all the fish don kpai or worse, rain fall wash your fish enter gutter or road make e be say God don send fish from heaven to feed the street Poultry for eggs better pass Poultry for meat walahi

One of my classmates actually became psychotic as a result of fish business, He started recharge card business while we were in school swearing he will never apply for any office job nor japa

His recharge card and business center was doing so well that he had over a million and several branches before we graduated

After we left Ife, He stayed back rented an apartment and continued, his biz kept on booming until someone introduced him to fish farming since recharge cards and busness centers were no longer working. He went into it with the same zeal and put all the money he made into it

One day they came to wake him that the fish don wash away. That was the trigger point for him, till today he never fully balance

Roland17:
Dem don move from sachet/bottled water to bakery to poultry now.

Na so one of my guy nearly run mad for here because of bakery wen e open for Naija. Na everyday expenses ontop tales by moonlight. If machine no spoil, motor to supply bread get accident or break down to LG/ town council billing, to Oba and Agbero wahala to Nepa, to Diesel to theft of bread....

E no reach 6 months, my guy wen be healthy guy suffer stroke at a young age. No be pesin tell am make e sell the thing even at a big loss. We thank God he is good now but the rehab no be here oh!

Na so one carry proposal for poultry come give me. Moya look away.

Someone told me the one that kills very quick na logistics business
2 of my primary school mates that were in logistics business died within 8months of each other
Your trailer will load company product they will suddenly call you that trailer don break down for middle of unknown place in Nasarawa or Kogi state. Na to raise mechanic and buy spare parts from Lagos begin track dem down, fix truck continue all the while company dey para for you threatening police and court case for delayed delivery

That my mate, he did the biz for over 5yrs, that means 5yrs of consistently staying awake at night, calling and following up truck drivers all over Nigeria while dealing with BP issues. His wife warned, talked and eventually accepted it

The day he died, he was staying up late as usual with laptop and phone tracking his fleets until the wife woke up early morning saw that he never came to bed went to check him in the living room and he was dead on the laptop and phone

nihilistjnr:
Omo my dad suffered trying to run piggery and fishery back in the day.

He bought some land around the Sango toll gate area and setup a few ponds and a couple of sheds for some pigs. I used to hate school holidays back then because it meant working long hours on a dirty smelly farm with all kinds of insects biting you from every angle.

One man who lived around that same Abule Egba retired from Nigerite and his pension was given to him, I think the scheme was to give him one chunk about 70% on retirement and the rest 30% chunk 10yrs later

The first chunk he sank into poultry and piggery, with similar results to your, he ended broke, sick and in financial ruins

The hope that kept him from killing himself was the other 30% coming 10yrs later

raumdeuter:
Someone told me the one that kills very quick na logistics business
2 of my primary school mates that were in logistics business died within 8months of each other
Your trailer will load company product they will suddenly call you that trailer don break down for middle of unknown place in Nasarawa or Kogi state. Na to raise mechanic and buy spare parts from Lagos begin track dem down, fix truck continue all the while company dey para for you threatening police and court case for delayed delivery

That my mate, he did the biz for over 5yrs, that means 5yrs of consistently staying awake at night, calling and following up truck drivers all over Nigeria while dealing with BP issues. His wife warned, talked and eventually accepted it

The day he died, he was staying up late as usual with laptop and phone tracking his fleets until the wife woke up early morning saw that he never came to bed went to check him in the living room and he was dead on the laptop and phone

I remember that ur truck business venture gist u shared that day. Each time I remember that ur experience , I dey always give Kudos to people doing business in this Nigeria ni o. People wicked

BlueRayDick:
I actually know the new anthem way back. When I was much younger, I used to 4ck around current affairs, so I was going through one current affairs pamphlet and I saw the "Old Nigerian National Anthem " in it titled " Nigeria We hail Thee".

I engaged my dad on it and he taught me the intonation.

The funny thing is when I became a full grown adult , I literally forgot about it until Tinubu decided to resurrect it.

I knew the new anthem too because it was in the Yoruba baptist hymnal book. My mom taught me the English and Yoruba version

BlueRayDick:
Are u sure all those people smuggling Cotonou cars into the country won't make the car dealership a bad business at the end of the day?

I don't think those car dealership business are legit businesses though I guess because it has always been the go to business for 419 men from the days. From dem Lanre Shittu, Danku, Ade Bendel etc. They must all have one car dealership they are using as a front

And if you reason am well, Big companies will rather go to Honda place and Coscharis

Small guys like us will rather import directly from abroad or cotonou

So who are the people or the target market for these mid size car dealerships?

GloriousGbola:
They are running the dealership on stolen money. They are actually messing it up for everyone else.

The late gazzuz had said they were driving up the price of auction cars. Same way people complain of them driving up cost of rent.

If you are running on stolen money and not chasing profit to grow your business, you can afford to undercut the competition. Your goal is to clean dirty money not make clean money.

This makes sense

User09:
Yeah I get. But day 1 usually matters a lot in these sort of decision making and PVing future cashflows makes more sense

In most scenarios, the 1k per day is the better option.

Infact, for those who prefer the 5million option - Godx, Afrodoc, raumdeuter, monerozzi & co cos of the lump sum on day 1, there's an easy solution

All you have to do is approach any (solid) financial institution with the airtight contract (usually one with little or no credit risk) - say from a govt institution that clearly states the contractual obligation of $1k per day.

The financial institution would happily offer you at least $6 - $6.5million on day 1. It's the same way the loan system works. Because ultimately, they would get more in 30 years

Looks like it wasnt an easy question like that

It would be something worth debating in like a classroom setting or in a twitter space and factoring all variables

raumdeuter:
I don't think those car dealership business are legit businesses though I guess because it has always been the go to business for 419 men from the days. From dem Lanre Shittu, Danku, Ade Bendel etc. They must all have one car dealership they are using as a front

And if you reason am well, Big companies will rather go to Honda place and Coscharis

Small guys like us will rather import directly from abroad or cotonou

So who are the people or the target market for these mid size car dealerships?

Lanre Shittu , all those ones na senior men wey don dey the 419 game since ages past. I read that when Bill Clinton visited Nigeria during OBJ's tenure, the POTUS had to ask OBJ who was Lanre Shittu because his dossier don full for US law enforcement agents' hand. The man don too commit for yankee.

raumdeuter:
Someone told me the one that kills very quick na logistics business
2 of my primary school mates that were in logistics business died within 8months of each other
Your trailer will load company product they will suddenly call you that trailer don break down for middle of unknown place in Nasarawa or Kogi state. Na to raise mechanic and buy spare parts from Lagos begin track dem down, fix truck continue all the while company dey para for you threatening police and court case for delayed delivery

That my mate, he did the biz for over 5yrs, that means 5yrs of consistently staying awake at night, calling and following up truck drivers all over Nigeria while dealing with BP issues. His wife warned, talked and eventually accepted it

The day he died, he was staying up late as usual with laptop and phone tracking his fleets until the wife woke up early morning saw that he never came to bed went to check him in the living room and he was dead on the laptop and phone

[color=royalblue]Me wey dey warm up to enter nko?

Before I leave this world, I must do and chop transport and logistics money [/color]

KingTom:
That was how my [b]cousin Ifeany[/b]i made me spend UN funds on goats, useless goats he said will be reproducing and giving money, another one came again and said pigs and fish. I doled out funds and in the end the madmen came again that it seems he bought 2 male goats as the werey goats have refused to knack themselves, na so money burn for that misadventure finally we swallowed pride and hired some agric consultants then leased the farm to them to salvage what we had left if not by now loan apps for don tire to plaster my face and details for social media

Ifeanyi is a bad boy lol

BlueRayDick:
Lanre Shittu , all those ones na senior men wey don dey the 419 game since ages past. I read that when Bill Clinton visited Nigeria during OBJ's tenure, the POTUS had to ask OBJ who was Lanre Shittu because his dossier don full for US law enforcement agents' hand. The man don too commit for yankee.

[color=royalblue] I think he died last year.

Lanre Shittu....His car dealership don expand now sha. Dem don dey assemble brand new China trucks.[/color]

izzou:
[color=royalblue]Me wey dey warm up to enter nko?

Before I leave this world, I must do and chop transport and logistics money [/color]

You don sabi all the routes and map of Nigeria plus you no dey get BP issues na

Izzou cross country logistics and mentorship

raumdeuter:
You don sabi all the routes and map of Nigeria plus you no dey get BP issues na

Izzou cross country logistics and mentorship

[color=royalblue]Two business that are sure odds are Food and Transport...

People must chop; People must move.

The only way to survive is that you must be involved. Don't assume the role of manager oh, even though na you get the money.

If you survive the fire of the initial stage, go and sleep...You are wealthy.[/color]

izzou:
[color=royalblue] I think he died last year.

Lanre Shittu....His car dealership don expand now sha. Dem don dey assemble brand new China trucks.[/color]

Yeah, He was one of the few people who were able to do washing and setting successfully; his funds became legit and the legit business grew for real.

BlueRayDick:
Yeah, He was one of the few people who were able to do washing and setting successfully; his funds became legit and the legit business grew for real.

[color=royalblue]Yeah. It grew into something legitimate

But this life sef...All of us are just living to die.[/color]

diggz:
Ifeanyi is a bad boy lol

The boy too useless, when I reported what happened to his father, the old man looked at me and told me 'A fool and his money are soon parted' if no be say na elderly person I for rush am with blows

KingTom:
The boy too useless, when I reported what happened to his father, the old man looked at me and told me 'A fool and his money are soon parted' if no be say na elderly person I for rush am with blows

Igbo man no dey vex when their friend dupe them, they see it as part of the game until they get their own chance to dupe him back. Na the philosophy Ifeanyi father use answer you

raumdeuter:
One of my classmates actually became psychotic as a result of fish business, He started recharge card business while we were in school swearing he will never apply for any office job nor japa

His recharge card and business center was doing so well that he had over a million and several branches before we graduated

After we left Ife, He stayed back rented an apartment and continued, his biz kept on booming until someone introduced him to fish farming since recharge cards and busness centers were no longer working. He went into it with the same zeal and put all the money he made into it

One day they came to wake him that the fish don wash away. That was the trigger point for him, till today he never fully balance

I can only imagine the pain he went through. Just last year, I read here how one man fed his birds for about 7 months till they got to the point of laying eggs, only to come one morning and find almost all the birds dead or at the point of death. I felt his pain because e better make thief carry broiler wey you feed for only 8 weeks than make disease pack your 7 month investment.

KingTom:
That was how my cousin Ifeanyi made me spend UN funds on goats, useless goats he said will be reproducing and giving money, another one came again and said pigs and fish. I doled out funds and in the end the madmen came again that it seems he bought 2 male goats as the werey goats have refused to knack themselves, na so money burn for that misadventure finally we swallowed pride and hired some agric consultants then leased the farm to them to salvage what we had left if not by now loan apps for don tire to plaster my face and details for social media

This post don make me look like mad person for here, i don't laugh tire. Dr Tom you be real comedian 😁

raumdeuter:
I don't think those car dealership business are legit businesses though I guess because it has always been the go to business for 419 men from the days. From dem Lanre Shittu, Danku, Ade Bendel etc. They must all have one car dealership they are using as a front

And if you reason am well, Big companies will rather go to Honda place and Coscharis

Small guys like us will rather import directly from abroad or cotonou

So who are the people or the target market for these mid size car dealerships?

There's some money in car biz sha, not all small guys know the ropes of direct importation, nor have the patience to be waiting to be waiting 6 weeks to 2 months, or even know enough to not get a bad deal buying from the popular sites...afterall if Dem buy from dealer and e get issue they can always return or figure out solution with dealer.

Roland17:
Dem don move from sachet/bottled water to bakery to poultry now.

Na so one of my guy nearly run mad for here because of bakery wen e open for Naija. Na everyday expenses ontop tales by moonlight. If machine no spoil, motor to supply bread get accident or break down to LG/ town council billing, to Oba and Agbero wahala to Nepa, to Diesel to theft of bread....

E no reach 6 months, my guy wen be healthy guy suffer stroke at a young age. No be pesin tell am make e sell the thing even at a big loss. We thank God he is good now but the rehab no be here oh!

Na so one carry proposal for poultry come give me. Moya look away.

Bloody hell. That bakery na another stressful business. Machine, Light. Anything manufacturing business is basically set up to fail in Nigeria. You really can't outgrind a bad system

All these things with poor health care system you go just hear Gone too soon. Person wey never 40 go suddenly pack up

Just avoid anything poultry if you know wetin good for your life. Unless you be Sheikh Mansour

Theflint1:
There's some money in car biz sha, not all small guys know the ropes of direct importation, nor have the patience to be waiting to be waiting 6 weeks to 2 months, or even know enough to not get a bad deal buying from the popular sites...afterall if Dem buy from dealer and e get issue they can always return or figure out solution with dealer.

Car business can make you rich, but things can also turn the other way quickly. All it takes is 1 or 2 consignment mishaps. One of my uncles that used to import cars from back in the late 80s and early 90s experienced the 2 sides of the coin despite years of experience and success doing it.

Na from that time i dey fear that business.