₦airaland Forum

Starz825 you are correct, the thread went two directions lol. Both answers are valid sha. The common problem is accountability. That is actually why I started building Truxper not to advertise, just genuinely tired of Nigerians having nowhere to report bad businesses. Still early but this thread shows the need is real.

fashion designing and tailoring.

At this point in Nigeria now, most businesses are taking an economic "hit" and it all reflects in very low purchasing power.
I invested in some parcel of land feeling I had secured my money against inflation, but the low economic activity has kept the price almost stagnant considering the huge risk of land litigation.....In business it's risk all round, just make sure to always have an "exit plan".

manuelkel:
I don't know how you guys complain about GLO being poor, I've used GLO for over a decade now and my GLO network is the best for me, I use MTN and Airtel as well, but GLO services ahnnn, my own no dey disappoint me including in rural areas. Except say na timid village like where I served at Benue.
And also they've got they best sub for me, with #875 I use 3gb every 72 hours.
A friend once told me I was lucky, can my sim card be different?? We might be at the same location meanwhile your GLO network might be poor but mine hardly gets that poor.

Maybe your house is under a Glo mast?

I feel your pain, 4years ago was on this track.
Feed oo, Medicine, enough ventilation dey boku, yet they are dropping dead like a feather.

PS: in my case, I think overweight contributed to their death, I can not imagine eating Chicken of 2-3 months, hence aiming to get them to 6 months old, but towards mid 5 months, they started dropping dead randomly.

Emeskhalifa:
Raring of Agric chicken (Poultry).
Wasted my money, effort, time and ended up losing money. They are so fragile that they can be happily Eating, healthy and next minute they are falling and you are watching life leaving their body.

I regretted wasting my scarce resources on that business.

Oh did I forget to talk about how expensive their feeds were? Or when it was time to sell them, how they were being under priced asif I stole them. Abeg I don't even want to remember what I went through abeg

Sonnobax15:
Bro I swear to God I almost created a thread on this yesterday. Exactly the same pains my younger brother and I went through back in 2022.

It depends because i know people that have been cashing out of it for years including my chicken vendor.

I also know of a guy who lost everything on it.

It's a risky 50/50 business.

Emeskhalifa:
Raring of Agric chicken (Poultry).
Wasted my money, effort, time and ended up losing money. They are so fragile that they can be happily Eating, healthy and next minute they are falling and you are watching life leaving their body.

I regretted wasting my scarce resources on that business.

Oh did I forget to talk about how expensive their feeds were? Or when it was time to sell them, how they were being under priced asif I stole them. Abeg I don't even want to remember what I went through abeg

The major problem of poultry is not the health of chicken, it’s the economy, high price of feeds, even when I was making my own feed maize skyrocketed from 19k to 90k, I couldn’t make profit anymore when it hit 50k talk less of 90k, I was forced to use cassava for the feed production but they couldn’t grow tall and weighing way less, I suspended it

MTN disappointed big time.
The 800gb I bought for N125,000 they said I can only sell/share 20% of it and I can only share or sell to only 10 persons peronth.
Even when I bought the 800gb outrightly with my own money.

Now they are conditioning the usage, to make sure I do not make any profit from it

Please what can one use 10m to invest in Nigeria and get good returns without suffering from NEPA

globacom

McLizbae:
Palmpay.. They are still dealing with me for dealing with them with just a few millions...

Pampay?

Please what happened
Can u explain so we can also learn.

Naijaepic:
I feel your pain, 4years ago was on this track.
Feed oo, Medicine, enough ventilation dey boku, yet they are dropping dead like a feather.

PS: in my case, I think overweight contributed to their death, I can not imagine eating Chicken of 2-3 months, hence aiming to get them to 6 months old, but towards mid 5 months, they started dropping dead randomly.

This made me laugh.
Let me ask, do you buy chicken from eateries?
How many months old do you think those chichen are? They are mostly 2-3 months.
Just dey play.

Recently I decided to use palmpay account and share the account details for some money inflow, despite being on tier 3, my account was restricted when the inflow was a little above 2m. I don send my ID, take selfie with ID, write letter, share my many screenshots, many calls, emails, in-app chat with tens of costomer service agents (who keep asking me the same thing before they finally disappear). But nothing was resolved. I had to leave the fund there, and later found out that the restrictions has been removed after about 2 weeks. Now, the app has started asking me facial verification and every time I try, it says I am not in a good light area, even under Nigerian sun...

amazonguru001:
Pampay?

Please what happened
Can u explain so we can also learn.

McLizbae:
Recently I decided to use palmpay account and share the account details for some money inflow, despite being on tier 3, my account was restricted when the inflow was a little above 2m. I don send my ID, take selfie with ID, write letter, share my many screenshots, many calls, emails, in-app chat with tens of costomer service agents (who keep asking me the same thing before they finally disappear). But nothing was resolved. I had to leave the fund there, and later found out that the restrictions has been removed after about 2 weeks. Now, the app has started asking me facial verification and every time I try, it says I am not in a good light area, even under Nigerian sun...

Haaaa. This is serious.
Not funny at all.

This is why I don't put better money in all these digital banks.
I prefer to lodge good sums in our traditional brick and mortal banks. I know if any funny thing happens I can easily walk into any of their branches for resolution.

It is well bro.

Thank you. I have definitely learned my own lesson now... Many of those in-app costumer agents really carry me play bad....

amazonguru001:
Haaaa. This is serious.
Not funny at all.

This is why I don't put better money in all these digital banks.
I prefer to lodge good sums in our traditional brick and mortal banks. I know if any funny thing happens I can easily walk into any of their branches for resolution.

It is well bro.

Apcshit:
Thr government has let me down

Which Local Government?

Tetrahedron:
Printing business!
My manager embezzled and diverted funds.
We couldn’t recoop

Currently, if you are not on ground to monitor your business, just forget it, unless you meet an honest person.

Hezzyluv:
Farming yes farming ooo

Chemical, very expensive. Labourers, very very expensive to pay them. Only for you to come sale a bag of maize for 25k?

I will go for sesame seeds farming this year. They don't import it. I heard a big of it is around 200k

Fulani bandits and locals would be monitoring your farm, until it gets to maturity.

Sesame farmers are at risk, due to profit in it.

truxperteam:
No filter. No sugarcoating. Just honest experiences.
We all have that one business that took our money and gave us nothing but stress. Whether it is an online store, a contractor, a logistics company, a bank, or a service provider — we have all been there.
Which Nigerian business has disappointed you the most recently? What happened?
I will start — share yours below 👇

Cement business

seabed:
Palm kernel oil business

You care to share the story

Price Volatility. Huge losses. Wheather conditions.

truxperteam:
Seabed, palm kernel oil business how? They collected money and disappeared or they sold fake product? Tell us more.

Beef or fish ooo

amazonguru001:
This made me laugh.
Let me ask, do you buy chicken from eateries?
How many months old do you think those chichen are? They ate mostly 2-3 months.
Just dey play.

Keith05cool:
Please what can one use 10m to invest in Nigeria and get good returns without suffering from NEPA

Farming

Provision business?
Selling biscuits, drinks in freezer, and other household items!

b0rn2fuck:
I run mine with solar and life has been easier since then

Love800:
Provision business?
Selling biscuits, drinks in freezer, and other household items!

none of that, many things Dem fit use solar do, not just freezer when I no be woman

Lol.

I appreciate.

b0rn2fuck:
none of that, many things Dem fit use solar do, not just freezer when I no be woman