₦airaland Forum

EDUECO:
You're perfectly right.

The average wage of the citizens determine the economy boom or gloom of a nation.

A high wage(high purchasing power) promotes economic boom while a low wage(low purchasing power) promotes economic gloom.

I completely agree with you 💯

Raider76:
Africa's richest man unveils bold plans for a 20,000MW power project in major push to transform energy supply

https://africa.businessinsider.com/local/markets/africas-richest-man-unveils-bold-plans-for-a-20000mw-power-project-in-major-push-to/3ldn9ew

Competition for Transpower and Geregu coming. I pray that Alhaji disrupts the power sector like he did for Oil and Gas.

building power plants is one thing, stabilizing a grid is another. if he pairs that capacity with real transmission upgrades, automated scada and anti corruption (cut the middlemen and their cronies out) then yeah it could work. otherwise it's just another headline that evaporates into load shedding and political theater.

power systems don't care about intention; they care about impedance, redundancy, and operational discipline. if he brings top engineers, efficent control systems, lets the market clear and pays people for real time balancing. then transpower and geregu should be sweating. if it's just capital and PR, they should sleep fine.

Mankind2024:
Lmao 😂
"Say no more grin", my brother, the only person pretending and suffering here is you.
I’m not suffering. I have successfully navigated my way out of hardship through discipline, patience, and smart decisions. While you’re busy typing “suffering and smiling,” I’m smiling because my dividends are hitting my account. Different frequencies.

Yes, many Nigerians are suffering and starving in the midst of plenty. That pain was not caused by me. I didn’t create the structural problems, and it is not my duty to fix them while I’m still alive. My only duty is to thank God for breaking through despite everything.

I was not born rich. The same government that failed many people has me archived as a High Net Worth (HNW) citizen today. The same rain that fell on the sugar cane also fell on the bitter leaf. But bitter leaf refused to remain bitter — it turned its story around and became medicinal. That’s exactly what I did. Keep sucking sugar and smiling in pain if you like. Too much sugar will destroy you.

I am a solid middle-class citizen in any city I choose to live in this world. I have zero reason to pretend. What you see is pure gratitude to God.

This is a faceless forum, and I will use my privilege to motivate others who still want to win, not drag them into your pity party.
Wake up from your slumber, my friend. Your bitterness and “suffering and smiling” mentality is exactly why you’re still where you are. While you’re busy pretending and grinning painfully, some of us are building, compounding, and winning.
Keep crying. The rest of us are cashing out.

You always miss the point.

Who told you I am suffering
We are talking about the average Nigerian in the street and you are directing your statement to me.


I know you are a billionaire but don't be insensitive to the plight of those around you.

From Bitter to Blessed
In ancient times, a story was told of two plants that grew side by side in the forest.

Sugar Cane stood tall and proud, its stalks heavy with sweet juice. Humans adored it. They sang its praises, cut it down with joy, sucked its sweetness, and carried it home in bundles. Children loved it. Elders desired it. It was celebrated everywhere.
Beside it grew the Bitter Leaf, humble, overlooked, and despised. Its taste was sharp and unpleasant. People spat it out and called it worthless. “Too bitter,” they complained. “Useless plant.” Even animals avoided it. The Bitter Leaf endured years of rejection in silence, its leaves heavy with sorrow.

Yet the same rain that fell on Sugar Cane also fell on Bitter Leaf. The same sun shone on both. The same soil nourished their roots. But while one was praised for its sweetness, the other was condemned for its bitterness.

One day, the pain became too much. The Bitter Leaf cried out to the Creator:
“Why have you made my life so bitter? Why am I hated while my neighbor is loved? Change my story, or let me die.”
The Creator, in His wisdom, did not change the nature of the leaf. Instead, He opened the eyes of men.

Suddenly, everything shifted.
The same people who once rejected it began seeking it desperately. Healers discovered its power. Scientists studied it. Mothers brewed it for their children. Doctors recommended it. The Bitter Leaf was no longer despised, it became revered.
“Bitter Leaf is medicine!” they shouted. “It heals wounds, fights diabetes, calms hypertension, treats infections, cleanses the blood, and restores the body. No herb compares to it!”
At the same time, the love for Sugar Cane began to sour. The same tongues that once praised its sweetness now warned against it.
“Beware of Sugar Cane,” they said. “It destroys health. It weakens the body. It worsens diabetes. It steals vitality and invites sickness. Its sweetness is deceptive.”

This is the story of Nigeria.
Today, many of her own children despise her. They mock her efforts, curse her name, and see only her scars. Anyone who dares speak hope or gratitude is branded “anti-poor” or “pro-government.” She is labeled hopeless, difficult, and bitter.
But just as with the Bitter Leaf, the season is changing.
The same rain that fell on other nations is also falling on Nigeria. Foreign investors who once called her “uninvestable” are now quietly naming her a frontier market, the first step toward becoming an emerging market. The metrics are turning. The soil is shifting. The same nation long written off is slowly revealing her hidden medicine.
Nigeria’s current pain is not an irreversible punishment. it is restructuring. The bitterness we taste today is the medicine being prepared for tomorrow.
Never write yourself off.
Turn lemons into lemonade.
Turn eggs into omelettes.
Turn bitter leaves into healing potions.
The Creator has not forgotten Nigeria. Those who position themselves wisely — with courage, skill, discipline, and faith — will drink the sweetness of her coming harvest.
And remember this new definition of POOR:
Passing Over Opportunities Repeatedly.
The bitter leaf did not become sweet.
It became valuable.
So shall Nigeria.

May the Creator who rewrote the story of the Bitter Leaf open the spiritual eyes of the poor to clearly see the opportunities in their midst and grant them the wisdom and courage to tap into them.

Agbalowomeri:
What is very concerning though is the terrible wage structure which the private sector is also exploiting. For the current realities on ground, minimum wage should be N250k for a decent living

99.5% of SME will close shop

Mankind2024:
From Bitter to Blessed
In ancient times, a story was told of two plants that grew side by side in the forest.

Sugar Cane stood tall and proud, its stalks heavy with sweet juice. Humans adored it. They sang its praises, cut it down with joy, sucked its sweetness, and carried it home in bundles. Children loved it. Elders desired it. It was celebrated everywhere.
Beside it grew the Bitter Leaf, humble, overlooked, and despised. Its taste was sharp and unpleasant. People spat it out and called it worthless. “Too bitter,” they complained. “Useless plant.” Even animals avoided it. The Bitter Leaf endured years of rejection in silence, its leaves heavy with sorrow.

Yet the same rain that fell on Sugar Cane also fell on Bitter Leaf. The same sun shone on both. The same soil nourished their roots. But while one was praised for its sweetness, the other was condemned for its bitterness.

One day, the pain became too much. The Bitter Leaf cried out to the Creator:
“Why have you made my life so bitter? Why am I hated while my neighbor is loved? Change my story, or let me die.”
The Creator, in His wisdom, did not change the nature of the leaf. Instead, He opened the eyes of men.

Suddenly, everything shifted.
The same people who once rejected it began seeking it desperately. Healers discovered its power. Scientists studied it. Mothers brewed it for their children. Doctors recommended it. The Bitter Leaf was no longer despised, it became revered.
“Bitter Leaf is medicine!” they shouted. “It heals wounds, fights diabetes, calms hypertension, treats infections, cleanses the blood, and restores the body. No herb compares to it!”
At the same time, the love for Sugar Cane began to sour. The same tongues that once praised its sweetness now warned against it.
“Beware of Sugar Cane,” they said. “It destroys health. It weakens the body. It worsens diabetes. It steals vitality and invites sickness. Its sweetness is deceptive.”

This is the story of Nigeria.
Today, many of her own children despise her. They mock her efforts, curse her name, and see only her scars. Anyone who dares speak hope or gratitude is branded “anti-poor” or “pro-government.” She is labeled hopeless, difficult, and bitter.
But just as with the Bitter Leaf, the season is changing.
The same rain that fell on other nations is also falling on Nigeria. Foreign investors who once called her “uninvestable” are now quietly naming her a frontier market, the first step toward becoming an emerging market. The metrics are turning. The soil is shifting. The same nation long written off is slowly revealing her hidden medicine.
Nigeria’s current pain is not an irreversible punishment. it is restructuring. The bitterness we taste today is the medicine being prepared for tomorrow.
Never write yourself off.
Turn lemons into lemonade.
Turn eggs into omelettes.
Turn bitter leaves into healing potions.
The Creator has not forgotten Nigeria. Those who position themselves wisely — with courage, skill, discipline, and faith — will drink the sweetness of her coming harvest.
And remember this new definition of POOR:
Passing Over Opportunities Repeatedly.
The bitter leaf did not become sweet.
It became valuable.
So shall Nigeria.

May the Creator who rewrote the story of the Bitter Leaf open the spiritual eyes of the poor to clearly see the opportunities in their midst and grant them the wisdom and courage to tap into them.

Quite inspiring. I refuse to cry and wail over what I can't change. But, i will strive to look for opportunities in the midst of all this to make things work for me. Just like it is common slang in the investment world: There is always an opportunity to make money, both in the bear and bull of the market. It is for you to sieve the market to know where to put your money. I had thought I will save up money to wait for the bear, but it does not make common sense ( this reminds me of the Senator that wants to make common sense hence i buy at every opportunity I get because I mostly average my investment prices ( buying i to stocks i already have at a good prices). If and when the bear surfaces I will still buy with what is at my disposal. Just want to keep up the consistency and compounding. There are some stocks I have earmarked to have a particular quantity (set target) before the year runs out. I keep buying irrespective of the price because I had already set my goal. This is my strategy, I hope am also contributing my quota to the community.

You have just discovered the hidden secret of success: Be consistent and disciplined.
This is the very message I have been preaching in this forum. slow and steady wins the race.
There will come a time when you’ll look at your portfolio and ask yourself, “Why is there nothing exciting to celebrate? Why is my portfolio so boring?”
Just before doubt takes over, the magic of compound interest will kick in and reward you handsomely. That phase of quiet, consistent growth is the necessary evolution every serious investor must pass through. It’s also the stage where some NSEMPA members will start labeling you “anti-poor.”
Ignore the negativity. Stay focused on your goal.
The reward will arrive sooner than you expect.

jonnysessy:
Quite inspiring. I refuse to cry and wail over what I can't change. But, i will strive to look for opportunities in the midst of all this to make things work for me. Just like it is common slang in the investment world: There is always an opportunity to make money, both in the bear and bull of the market. It is for you to sieve the market to know where to put your money. I had thought I will save up money to wait for the bear, but it does not make common sense ( this reminds me of the Senator that wants to make common sense hence i buy at every opportunity I get because I mostly average my investment prices ( buying i to stocks i already have at a good prices). If and when the bear surfaces I will buy with what is at my disposal. Just want to keep up the consistency and compounding. There are some stocks I have earmarked to have a particular quantity (set target) before the year runs out. I keep buying irrespective of the price because I had already set my goal. This is my strategy, I hope am also contributing my quota to the community.

Agbalowomeri:
What is very concerning though is the terrible wage structure which the private sector is also exploiting. For the current realities on ground, minimum wage should be N250k for a decent living

Push the minimum wage to N250k and the first you see is the market reacting in the same direction. Food and essential commodities will respond in price movement because there will be the believe that purchasing power has increased. More naira will be chasing USD and the govt will need to mop more naira from the system by increasing borrowing rate. Inflation goes up and we are back to the same rollercoaster.
Nigerians have been worse off following every wage increase as inflation usually erode the increase.

To ease Nigeria’s cost of living without simply raising wages, the government must focus on reducing inflation drivers, especially food, energy, and housing costs through structural reforms, subsidies, and better fiscal discipline. Tackling supply-side bottlenecks and stabilizing the naira will have more lasting impact than wage hikes. rather than relying on wage hikes that only fuel the cycle.

crownprince2017:
Agba talk na abi until I tell them everything..

Na the billionaires dey move o my hand no dey

unite4real:
Push the minimum wage to N250k and the first you see is the market reacting in the same direction. Food and essential commodities will respond in price movement because there will be the believe that purchasing power has increased. More naira will be chasing USD and the govt will need to mop more naira from the system by increasing borrowing rate. Inflation goes up and we are back to the same rollercoaster.
Nigerians have been worse off following every wage increase as inflation usually erode the increase.

To ease Nigeria’s cost of living without simply raising wages, the government must focus on reducing inflation drivers, especially food, energy, and housing costs through structural reforms, subsidies, and better fiscal discipline. Tackling supply-side bottlenecks and stabilizing the naira will have more lasting impact than wage hikes. rather than relying on wage hikes that only fuel the cycle.

How did Obasanjo accomplish it? Because I remember he overhauled the wage structure that completely changed workers' purchasing power

https://open.spotify.com/episode/1IxacVA5E8jMbQiO6NOMTg

Premarket for today's trading session on the NGX.

Agbalowomeri:
How did Obasanjo accomplish it? Because I remember he overhauled the wage structure that completely changed workers' purchasing power

He did that when he started earning more. He increased wages from 3000 to 5500, when oil prices more than doubled. Increasing from $10 under Abacha to $28 in the year 2000 and to $65 before he left. That means oil increased 6 folds within his tenure and oil production remained high at 2.2 - 2.4 million bpd with new oil investments and FID’s flowing. Then Nigeria was the main oil producer and supplier in Africa. Then, the U.S relied on countries like Nigeria for oil (because it was before Obama).
There was increase in the national cake (oil revenues), increase in investments (because we just exited military rule) and with all of these an over 6% growth in gdp.

Mpeace:
Make dangote mind himself oh. He wants to destroy my wife's ice block business with this move nee?

You have to think of the larger gain. The improve electricity will favour your wife more than the ice block she is selling. Opportunities are abound when we have constant electricity. Just pay a visit to Aba or call anyone you know there. Their orientation and way of life have changed. I hear they even pay above your DISCOs band A rates, yet they are happy because industries are springing up, small and medium business are cashing to the bank, just because there is constant power supply, Individuals are seeing their own. When you live in a place that the system works, you will surely find your footing. Crime rates has reduced because a lot of jobless youths have found one thing to do with their lives. It could be barbing, welding, sewing, shoe cobbling, hair dressing, photocopying etc. The list is endless, when citizens are meaningful engage who will think of crime. There is a popular saying: The more the merrier
Just like in the stock market, if more people are exposed to it, there will be more money to be made. The money you will make will not affect the one I would make.

jonnysessy:
You have to think of the larger gain. The improve electricity will favour your wife more than the ice block she is selling. Opportunities are abound when we have constant electricity. Just pay a visit to Aba or call anyone you know there. Their orientation and way of life have changed. I here they even pay above your DISCOs band A, yet there are happy because industries are springing up, small and medium business are cashing to the bank. Individuals are seeing their own. When you live in a place that the system works, you will surely find your footing. Crime rates has reduced because a lot of jobless youths have found one thing to do with their lives. It could be barbing, welding, sewing, shoe cobbling, hair dressing, photocopying etc. The list is endless, when citizens are meaningful engage who will think of crime. There is a popular saying: The more the merrier
Just like in the stock market, if more people are exposed to it, there will be more money to be made. The money you will make will not affect the one I would make.

lol. Una too serious for this place.

Good Morning All.

Whoever cares should go and read the story with the headline " WHY ACCESS BANK MAY NOT PAY DIVIDEND IN H1 2026" on Nairametrics.

Very interesting revelations there.

https://www.youtube.com/watch?v=op4cxb1b6qg

Ngx Premarket for today

Mpeace:
lol. Una too serious for this place.

Sorry, I didn't know hou were actually joking.

Mankind2024:
Lmao 😂
"Say no more grin", my brother, the only person pretending and suffering here is you.
I’m not suffering. I have successfully navigated my way out of hardship through discipline, patience, and smart decisions. While you’re busy typing “suffering and smiling,” I’m smiling because my dividends are hitting my account. Different frequencies.

Yes, many Nigerians are suffering and starving in the midst of plenty. That pain was not caused by me. I didn’t create the structural problems, and it is not my duty to fix them while I’m still alive. My only duty is to thank God for breaking through despite everything.

I was not born rich. The same government that failed many people has me archived as a High Net Worth (HNW) citizen today. The same rain that fell on the sugar cane also fell on the bitter leaf. But bitter leaf refused to remain bitter — it turned its story around and became medicinal. That’s exactly what I did. Keep sucking sugar and smiling in pain if you like. Too much sugar will destroy you.

I am a solid middle-class citizen in any city I choose to live in this world. I have zero reason to pretend. What you see is pure gratitude to God.

This is a faceless forum, and I will use my privilege to motivate others who still want to win, not drag them into your pity party.
Wake up from your slumber, my friend. Your bitterness and “suffering and smiling” mentality is exactly why you’re still where you are. While you’re busy pretending and grinning painfully, some of us are building, compounding, and winning.
Keep crying. The rest of us are cashing out.

In all honesty, this sounds insensitive to the plight of the underprivileged.. ogbon la fi nje aiye.. celebrate your wins and give advice to others how to also be winners.. that's the way to go.. "we rise by lifting others".. selah

[quote author=Mankind2024 post=139330248]From Bitter to Blessed
In ancient times, a story was told of two plants that grew side by side in the forest.

Sugar Cane stood tall and proud, its stalks heavy with sweet juice. Humans adored it. They sang its praises, cut it down with joy, sucked its sweetness, and carried it home in bundles. Children loved it. Elders desired it. It was celebrated everywhere.
Beside it grew the Bitter Leaf, humble, overlooked, and despised. Its taste was sharp and unpleasant. People spat it out and called it worthless. “Too bitter,” they complained. “Useless plant.” Even animals avoided it. The Bitter Leaf endured years of rejection in silence, its leaves heavy with sorrow.

Yet the same rain that fell on Sugar Cane also fell on Bitter Leaf. The same sun shone on both. The same soil nourished their roots. But while one was praised for its sweetness, the other was condemned for its bitterness.

One day, the pain became too much. The Bitter Leaf cried out to the Creator:
“Why have you made my life so bitter? Why am I hated while my neighbor is loved? Change my story, or let me die.”
The Creator, in His wisdom, did not change the nature of the leaf. Instead, He opened the eyes of men.

Suddenly, everything shifted.
The same people who once rejected it began seeking it desperately. Healers discovered its power. Scientists studied it. Mothers brewed it for their children. Doctors recommended it. The Bitter Leaf was no longer despised, it became revered.
“Bitter Leaf is medicine!” they shouted. “It heals wounds, fights diabetes, calms hypertension, treats infections, cleanses the blood, and restores the body. No herb compares to it!”
At the same time, the love for Sugar Cane began to sour. The same tongues that once praised its sweetness now warned against it.
“Beware of Sugar Cane,” they said. “It destroys health. It weakens the body. It worsens diabetes. It steals vitality and invites sickness. Its sweetness is deceptive.”

This is the story of Nigeria.
Today, many of her own children despise her. They mock her efforts, curse her name, and see only her scars.

Love d story!! U are doing well with d motivation. Gives courage to keep pushing!

ppogba:
Good Morning All.

Whoever cares should go and read the story with the headline " WHY ACCESS BANK MAY NOT PAY DIVIDEND IN H1 2026" on Nairametrics.

Very interesting revelations there.

What I'll like to know is if this foreign investment limit rule had always been there and Access deliberately flaunted it or it is a new requirement from CBN. If it is new, then the CBN is not being fair on Access because it is forcing Access to do a fire sale or increase its cost of raising capital. What CBN ought to do is give Access time, like three years, to work towards the limit. Everything makes sense to me now because all along, unlike UBA, I saw nothing relating to risk assets in the financials of Access to prevent it from paying dividends.

Mpeace:
lol. Una too serious for this place.

Abi o

Money no like sense of humour

Dupeodus:
What I'll like to know is if this foreign investment limit rule had always been there and Access deliberately flaunted it or it is a new requirement from CBN. If it is new, then the CBN is not being fair on Access because it is forcing Access to do a fire sale or increase its cost of raising capital. What CBN ought to do is give Access time, like three years, to work towards the limit. Everything makes sense to me now because all along, unlike UBA, I saw nothing relating to risk assets in the financials of Access to prevent it from paying dividends.

Akingbola people have come for revenge

leo1234:
You always miss the point.

Who told you I am suffering
We are talking about the average Nigerian in the street and you are directing your statement to me.


I know you are a billionaire but don't be insensitive to the plight of those around you.

Could you please go and pick up a form to context in the coming election so that you can help the Nigerians in the street? I believe even if it is your local government only for now, with this your state of heart, the people you serve will be lucky to have you.

Mankind2024:
From Bitter to Blessed
In ancient times, a story was told of two plants that grew side by side in the forest.

Sugar Cane stood tall and proud, its stalks heavy with sweet juice. Humans adored it. They sang its praises, cut it down with joy, sucked its sweetness, and carried it home in bundles. Children loved it. Elders desired it. It was celebrated everywhere.
Beside it grew the Bitter Leaf, humble, overlooked, and despised. Its taste was sharp and unpleasant. People spat it out and called it worthless. “Too bitter,” they complained. “Useless plant.” Even animals avoided it. The Bitter Leaf endured years of rejection in silence, its leaves heavy with sorrow.

Yet the same rain that fell on Sugar Cane also fell on Bitter Leaf. The same sun shone on both. The same soil nourished their roots. But while one was praised for its sweetness, the other was condemned for its bitterness.

One day, the pain became too much. The Bitter Leaf cried out to the Creator:
“Why have you made my life so bitter? Why am I hated while my neighbor is loved? Change my story, or let me die.”
The Creator, in His wisdom, did not change the nature of the leaf. Instead, He opened the eyes of men.

Suddenly, everything shifted.
The same people who once rejected it began seeking it desperately. Healers discovered its power. Scientists studied it. Mothers brewed it for their children. Doctors recommended it. The Bitter Leaf was no longer despised, it became revered.
“Bitter Leaf is medicine!” they shouted. “It heals wounds, fights diabetes, calms hypertension, treats infections, cleanses the blood, and restores the body. No herb compares to it!”
At the same time, the love for Sugar Cane began to sour. The same tongues that once praised its sweetness now warned against it.
“Beware of Sugar Cane,” they said. “It destroys health. It weakens the body. It worsens diabetes. It steals vitality and invites sickness. Its sweetness is deceptive.”

This is the story of Nigeria.
Today, many of her own children despise her. They mock her efforts, curse her name, and see only her scars. Anyone who dares speak hope or gratitude is branded “anti-poor” or “pro-government.” She is labeled hopeless, difficult, and bitter.
But just as with the Bitter Leaf, the season is changing.
The same rain that fell on other nations is also falling on Nigeria. Foreign investors who once called her “uninvestable” are now quietly naming her a frontier market, the first step toward becoming an emerging market. The metrics are turning. The soil is shifting. The same nation long written off is slowly revealing her hidden medicine.
Nigeria’s current pain is not an irreversible punishment. it is restructuring. The bitterness we taste today is the medicine being prepared for tomorrow.
Never write yourself off.
Turn lemons into lemonade.
Turn eggs into omelettes.
Turn bitter leaves into healing potions.
The Creator has not forgotten Nigeria. Those who position themselves wisely — with courage, skill, discipline, and faith — will drink the sweetness of her coming harvest.
And remember this new definition of POOR:
Passing Over Opportunities Repeatedly.
The bitter leaf did not become sweet.
It became valuable.
So shall Nigeria.

May the Creator who rewrote the story of the Bitter Leaf open the spiritual eyes of the poor to clearly see the opportunities in their midst and grant them the wisdom and courage to tap into them.

Good. The graphics is on another level.
If you haven't, could you pls open an instagram or facebook account for wider circulation of these beautiful stories. The stories should be circulated widely, much better that those ones they are flooding us with on relationships and entertainment.

leo1234:
You always miss the point.

Who told you I am suffering
We are talking about the average Nigerian in the street and you are directing your statement to me.


I know you are a billionaire but don't be insensitive to the plight of those around you.

And how is he insensitive?......He celebrated his success and that's ok. We shouldn't be reading negativity into every success story. We know Nigeria is bad, the average man on the street is suffering, and most people want to ride on that and sell us woes and all kind of negative narratives. Let for once enjoy genuine success story, and be happy for him

jonnysessy:
You have to think of the larger gain. The improve electricity will favour your wife more than the ice block she is selling. Opportunities are abound when we have constant electricity. Just pay a visit to Aba or call anyone you know there. Their orientation and way of life have changed. I hear they even pay above your DISCOs band A rates, yet they are happy because industries are springing up, small and medium business are cashing to the bank, just because there is constant power supply, Individuals are seeing their own. When you live in a place that the system works, you will surely find your footing. Crime rates has reduced because a lot of jobless youths have found one thing to do with their lives. It could be barbing, welding, sewing, shoe cobbling, hair dressing, photocopying etc. The list is endless, when citizens are meaningful engage who will think of crime. There is a popular saying: The more the merrier
Just like in the stock market, if more people are exposed to it, there will be more money to be made. The money you will make will not affect the one I would make.

A major problem that Nigeria has with power in the last decade or so is the insistence on paying unrealistic tariffs. I kept wandering how Nigerians think they can pay less than half of what is obtainable outside Nigeria on a product whose tools, machineries and expertise are imported and expect any success. A common argument is 'how much are Nigerians earning' as if that has anything to do with the cost of production. The funny thing is that the same Nigerians that insist on unreasonable tariffs now spend exorbitant amount on generators and diesel.

Mr Property Lawyer,
With all due respect, I don’t see life through the same lens as you. Did you even bother reading the bitter, malicious comment from the person you’re defending? Or you conveniently skipped that part?
For the record, you don’t know me, and you never will. The fact that someone sharing his personal success on a faceless forum triggers you and your friend to wish him downfall says everything about your mindset. This is the classic crab syndrome that holds many black people back, always pulling others down instead of focusing on climbing.

I have never been insensitive to the plight of the poor. My faith teaches me to remember the less privileged, and I have been doing my part quietly for years,
both in material support and consistent prayers for my nation and her people. I don’t need to broadcast it for validation.

Your attempt to guilt-trip me with “we rise by lifting others” is nothing but disguised malice and bitterness. I have every right to respond to toxic comments, and I will continue to do so.
I remain kind, focused, and grateful to God. My daily prayer is that He will use me as a vessel to lift many out of poverty including those who currently mock success.

SonofElElyonRet:
In all honesty, this sounds insensitive to the plight of the underprivileged.. ogbon la fi nje aiye.. celebrate your wins and give advice to others how to also be winners.. that's the way to go.. "we rise by lifting others".. selah

Dupeodus:
What I'll like to know is if this foreign investment limit rule had always been there and Access deliberately flaunted it or it is a new requirement from CBN. If it is new, then the CBN is not being fair on Access because it is forcing Access to do a fire sale or increase its cost of raising capital. What CBN ought to do is give Access time, like three years, to work towards the limit. Everything makes sense to me now because all along, unlike UBA, I saw nothing relating to risk assets in the financials of Access to prevent it from paying dividends.

You are correct. Assuming Access deliberately breached the rule, CBN should be bold enough to admit it's regulatory negligence and if it is a new rule just as you imagined, CBN should still be blamed to for their untoward haste in wielding the stick.

Bottom line:

Na Naija wey dey.
But truth be told, Access Bank sef too over do. When you start acquiring both lame and crippled banks in back water Kenya and Uganda, then, it's management should look itself in the mirror.

One thing I know about Nigerian banks is that if you give them a yard, they are ready to take a kilometer.

i specialised in developmental economics so i can tell you that these cliche is totally wrong.
Bad government policies impoverished the people faster than any other thing just note that no body will purposely make bad choice if given the chances

nosa2:
This Una conversation dey do me to enter.


Everybody cannot be rich but plenty poor people are poor because of their bad choices. One of those choices is not taking responsibility for their destiny

Dupeodus:
A major problem that Nigeria has with power in the last decade or so is the insistence on paying unrealistic tariffs. I kept wandering how Nigerians think they can pay less than half of what is obtainable outside Nigeria on a product whose tools, machineries and expertise are imported and expect any success. A common argument is 'how much are Nigerians earning' as if that has anything to do with the cost of production. The funny thing is that the same Nigerians that insist on unreasonable tariffs now spend exorbitant amount on generators and diesel.

I agree with your point but let us fix the inefficiencies first before thinking of paying market prices. If the people pay market prices like in Band A, and they don’t experience improvement in power supply within a few months, it would only lead to frustration.

The last thing I would ever do is open a social media account.
I do not have any, except for this wonderful faceless platform, , which still protects my identity.

I would have deactivated this account long ago, but I no longer have access to the email used to register the original moniker.

Nairaland is a very toxic plac, filled with diplomatic trolls, professional stone throwers, and expert bomb detonators.
Ironically, that same environment shaped me and hardened me until I became a veteran among the throwers myself.

ghm:
Good. The graphics is on another level.
If you haven't, could you pls open an instagram or facebook account for wider circulation of these beautiful stories. The stories should be circulated widely, much better that those ones they are flooding us with on relationships and entertainment.