₦airaland Forum

rentAcock:
It's not too late for Nigerians living abroad to return home; you can make it big here with less stress and you will extend your life span.

Sweetcho:
Yes I gave my cousin $2500 to buy a car with would you believe after he received the money and bought the car he never even said thanks cousin this is the car I bought! I never heard from him again until the next time they're in need. And it's not a pay me back when you get it loan this is money you will never get back again

thesmallgod:
And get killed or frame up as yahoo boy. On a scale of 1 to 10, how many Nigerian are legitimately making it big here ?

salford1:
Different strokes for different people. Personally, I save to invest in properties and all. A good example is in Canada, if you put down a 5% deposit on a $500,000 property, you are looking at a mortgage insurance of about $20,000 on top of the principal. This protects the banks from default. However, if you put down a deposit of atleast 20%. You have saved about $20,000 already which you can add to further savings to buy more properties or invest in shares or high yield investment accounts.
After working as a credit analyst for a while, I dislike credits. It's a rip off. Unfortunately, not everyone is buoyant enough to reduce their dependency on credit facilities.

omonnakoda:
credit is good for the rich.

boyjo:
So what did you do the next time they were in need and came to you?

bilulu:
Do you know it's only in Africa we don't pay such bills or probably we try to cut corners, reason we are still were we re today. You make money in Nigeria without paying tax, you cut corners just to avoid that but in those countries the system has made it that you can't avoid tax, you must pay and that's what the government used in putting those beautiful cities in place and we start enjoying and admiring those cities from Nigeria. I live in Canada, and I pay my Bill's and taxes and I see what it's being used for so I'm happy to pay. At the end of the tax year you get your tax returns running into thousands of dollars. But what do we have back home? Another thing is people travel all in the name of traveling. Wetin you go find for Russia? I have friends in Australia, who re doing well. Nigerians need to drop the mentality of I'm traveling to become a millionaire overnight, it doesn't work that way. Canada for example, you work for every dollar you, no side gig or cutting of corners unlike Nigeria were we see illegal money before the month ends and do all sort of runs. You work legitly for all your dollars. You can do other business which will be taxed too.

OgwuEgo:
I also have a lot on my hands and I may contest in the next elections so I avoid giving out, I rather you left uncountable unreplied messages than I gave out a dime recently, once you give more than once, some people start depending on you.

toyetade:
Good questions . From my personal experience Nigeria is an unstable environment that is difficult to plan your future and that of your family on. Not many opporunities exist if you loose your job or personal effects. I used to be a bank manager before I left many years ago to come abroad with my family when the politics in that bank did not favour me again. I thought I had come to the end of my career at 40 years of age not knowing I have not even started. All I needed is to migrate abroad and begin a brand new career. Also my wife couldn't get a job for 10 years of her staying in Nigeria but today she's a finance manager. She would have wasted away in Nigeria. Though monetary gain is there when you migrate to the western world but I can tell you it is far more than that not to talk of your children who are likely to have better future than children raised in Nigeria. Nigeria environment doesnt always improve. Check the fx exchange rate, not to talk of education system, security, employment infrastructures

johhnnie:
I almost cried reading this. I made a fatal mistake of giving my contacts out in the first two years.

Please believe this, after about 3 years, I had a cause to send my bank statement to my account officer and she said I could get my statement my the bank app on my phone. I never realized this was possible.

So, out of curiosity, I decided to download my statement for the three years prior. What I found out brought tears to my eyes. I was weak. In three years at that time I discovered I had transferred at 27m ( twenty seven millions) in naira to my account in Naija over that period. And at least 96% of that money given out to friends and families.

No new investment whatsoever.

I also remembered that during thesame period, at the earlier stage, I needed money. So, a cousin helped me to sell my uncompleted (80% completed) student mini- hostel on a 4 plots of land unluckily at that time when $ was 500. Only a fraction of that money got to me here. A lot of hands dipped into the money that he became useless by the time it for here.

I work alot here. Sometimes, 3 straight days observing just an hour long rest from driving ( by the highway or anywhere the need need Forrest met me on the road). There was a time I slept in the car for a month. Before then, I dish washed for two days, did security for another month; having to stand up for 8 hours straight on etc.

Sometimes, going on for days without eating or bathing. All I would do was to enter a McDonald etc early morning to use my inner shirt to wipe my body. Smelling like rat. So haggardly looking and insane. Brushing by the side of the road.

It was really bad. Phone calls from my Naija kept coming with all sorts of demands; friends, families both know and unknown. Worst part, nobody contributed a dime for my travel. I had to sell my plot of land behind my personal house in ibadan to add up money.

It became crazy when I see people I send money to celebrating birthdays online with friends and family. Some take to club floors for celebrations. I also discovered that people I was sending money to in support of their businesses were building their houses without my knowledge. Here I am living in one room apartment. Sharing toilet, bathroom and tiny kitchen compared to what I had in my private residence in Naija.

I didn't know that all those 5k 100k 3k, 200k etc and even airtime top-ups from my boss revolution to Naija phone numbers were grossly adding up.

It's a lesson I learnt the hard way. You would think that the request would soon stop. It never will. There would always be requests. Some genuine and some made-up.

EgunMogaji2:
I returned after 33 years continuously in the USA and some characters attacked me for it.

I’m living my best life I Nigeria now, I have a better quality of life here in Ibadan than I did in the USA.

Those that don’t like my happiness should remember that Asejire Adam is never locked

funmisticqueen2:
chisos!!!

You are ignorant

Mcslize:
The babe is just hustling to leave Nigeria. But any guy who fall for this should know she is not doing it for love. So even if any guy marry her and takes her abroad, that marriage is built on false hope definitely. No love.

Nothing beats when you meet a girl on a normal note, become friends and graduate from there. With that you know that she wasn't after personal selfish interests.

But once a girl takes interest in you because you based abroad, just know that she is after papers. She just need someone to file for her. And once she lands and well settled, she will take off. She might even be going out with Oyibo guys under your very roof.

GuestLog:
Have you been to Norway? The more you earn, the higher your tax rates.

eazzzy1:
Are you a Nigerian? do you have friends and family in diaspora or home who are doing well for themselves but will ignore your request to send money all the time? before you call them stingy or wicked, here are some of the reasons why rich friends do not give out money;

1. They don't have enough: Enough is subjective, someone can earn as much as $100,000/annum but feel he's not earning enough, some people have these dreams of being wealthy and that salary isn't sufficient to get them there. So you have a friend/relative who works in a big firm abroad, you think he's rich, he thinks he isn't earning enough. Even millionaires have needs too.

2. You are not the only one making financial demands: You think you are his best friend because you went to secondary school together and were seat mate or bunk mates in the hostel so automatically he should be predisposed to meeting your needs, well there are primary school best friends, university best friends, first love, NYSC best friends, Neighbours, uncles, aunties, brothers etc who think their request should be met too. It is impossible to meet all these needs.

3. Making financial demand is never a one time thing: I had this habit of giving money to people who ask for financial favors the first time. I thought since they never asked for such before, they must really be in need. I soon found out that after that first time they run to me whenever they need money again, sometimes they space out the request like two months, some every month etc. I then realize that the $100, $200 i send them is never going to be sufficient, they will always come back for more. So i joined the God will provide gang.

4. Yahoo boys : Not every fraudster hacks into companies accounts, or forge the accountants signature, or even find lonely older women/men to scam. Some yahoo boys have resorted to begging, they send you message of how their dad is dying in the hospital, how their sister got arrested for a crime she didn't commit and they need a lawyer bla bla, they call these lies format and once you send them money they pop champagne and call you client.

5. General realization : One day i was going through my bank statement and i noticed i gave out about $500 monthly to family and friends. The same me who will walk into H & M, see a shirt of $40 and think it's too costly. I either buy it grudgingly or wait till it's on sale to buy. I realized i wasn't taking care of myself enough. Most people will come to this realization at a point in their lives.

This thread isn't limited to just people abroad, it include people who work and earn who are home based too. How do you cope with demands?Diasporans what made you rethink your generousity?

Feel free to add yours.

SweetCunt97:
Hhhaaaahhaahhaaa. You are funny. There are good obodo oyibo guys here though. If Coco can meet one, I'm sure you can. Just change ur moniker

foleskay:
You're spot on guy. That girl is a leech.

foleskay:
Yes its too small. 5k is equivalent of 2£ or so. If you wanna give, give something tangible and people back home would appreciate. Like 20k and above. Naira is sóo less to pounds, so any small pounds you send would surely hv significant increase in naira. You can do better, that's y they're not appreciating it. 5k na chicking feed in naija

foleskay:
Yeah. If its btw Nigerians now, people would surely appreciate. Even if its 2k, since we live in the same country. But people won't appreciate someone living in the US or UK sending amount of money like 5k to them back home. Some would even think he's struggling back there

Yoighaman:
Nice post.

Prechgold1180:
Chairman nah me suppose dey tell u mk u hustle
D family push me into bad things
A life I nva wishes for myself
I get cars ND stuffs now but Nur b unto clean means
Mumsi hate yahoo buh I go enter into frustration d tin dey pay me buh I dey wait for right time wey I go take Bleep all those people up

obibob2020:
I deactivated my Facebook account and WhatsApp the very first day i left Nigeria. Till date, no friend nor relatives can reach me except my parents,blood brothers and sisters. I warned everyone of them not to give out my contact. This is not the issue of being stingy. Some of them feels that people living abroad pick money in the street. Thereby making exorbitant demand.

ibkayee:
Aren't you the same guy that was complaining that 5k (which you were corrected about, it's approx £10, not £2) was too small a money for people abroad to send. What fancy name will you assign yourself then?

AllenSpencer:
Lies!

You have no idea about the system.

Beer parlour gist

eazzzy1:
Lol. Nobody makes $100,000 and ends up with $40,000 after deductions. Anyway this is not a homebased vs diasporan thread. How do you cope with the people abroad making financial request?

bjprodint:
i pray i make it in life so that i can always send my old dad money.i havent done so this year.