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Treasury Bills In Nigeria - Investment (1283) - Nairaland

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Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)

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Re: Treasury Bills In Nigeria by MrMcJay(m): 2:59pm On Jun 02, 2020
dejiotus:

Good morning my big Oga Mr McJay.
I have to agree with you o, that it is more sensible and wise just to waive the two months rent for the sake of peace and to get rid of a bad tenant. Tenants just need to know that legally any additional time spent needs to be paid for in full.

I will be grateful if you or any of our big Ogas and Madams in the house has a Know your Customer "KYC" template for prospective tenant, that can be shared. Landlords among us should please regularly inspect the meters in their properties to ensure there is no illegal or "bypass" connection. My tenant in Magodo absconded and left me a bill of 945 thousand naira (yes just under 1M naira on a prepaid meter o!!!) to pay, when she was caught by the Ikeja Electric Vigilance team. She did not pay even one kobo for electricity over the preceeding 4 months. She had apparently engaged someone to tamper with the prepaid meter as electricity supplied was not being read by the meter. The property was charged 150K per month, for 6 months as loss of revenue plus 45K as VAT. My case is still unresolved and with the NERC regulator.

What I'll advise you to do is to try to locate where she now lives or works. Then write a petition for Malicious damage, fraud and stealing and send it to the Police. It is preferable that you get the Police to arrest her at her new workplace or home and put her in handcuffs. Let this be done on a Friday afternoon.

By the time she spends the weekend in Police custody and wakes up on Monday, it is either she makes arrangements to pay in full or she is charged to court and remanded in Prison custody. Even if she makes bail, she can't complete the terms in 48 hours and she would taste prison.

For a sample KYC form, I have attached a Docx document to this post, if possible, you can download it and use. In addition, I suggest you request for the contact details of the previous landlord of each prospective tenant and talk to such landlord before letting your house to a prospective tenant.

23 Likes 8 Shares

Re: Treasury Bills In Nigeria by Theconglomerate(m): 3:00pm On Jun 02, 2020
ahiboilandgas:
new paper and media North...u know notting about michika
If you say so cool
I'm guessing you are their emir.

1 Like

Re: Treasury Bills In Nigeria by ahiboilandgas: 3:00pm On Jun 02, 2020
Theconglomerate:
CBN cannot continue to ban items one after the other,that was why I said devaluation will cut across all sectors simultaneously,even though it comes with short term suffering but pays off well in the long run.
why is trump raising tarrifts against china ....no body banned rice ...import your rice through sea port and pay 100 percent duty and levy ....
Re: Treasury Bills In Nigeria by ahiboilandgas: 3:01pm On Jun 02, 2020
Theconglomerate:
If you say so cool
I'm guessing you are their emir.
i supply to that Mrs filling station in michika.
Re: Treasury Bills In Nigeria by dejiotus: 3:01pm On Jun 02, 2020
ojesymsym:
Maybe you can enter any bank website and download their account opening form, you can then tweak to fit a real estate KYC.
Banks seem to know how to profile people very well.


Many thanks for the advice.
Re: Treasury Bills In Nigeria by Theconglomerate(m): 3:04pm On Jun 02, 2020
ahiboilandgas:
why is trump raising tarrifts against china ....no body banned rice ...import your rice through sea port and pay 100 percent duty and levy ....
Can you smuggle to America?
What kind of analogy is this?Even drug lord from colombia and mexico that build Subs to smuggle drugs and own planes with deleted transponders hardly succeed to america,talkless of ship carrying commodity.
So trump can afford to raise tariff,Nigeria can't else they finish it with smuggling.

1 Like

Re: Treasury Bills In Nigeria by ojesymsym: 3:06pm On Jun 02, 2020
You haf tay in this business, so far, you have shown you are an authority in the real estate industry.
This is an example of why it is always good to calm down and listen, you never can tell who the other person is and what his experience is.

Thanks for the invaluable info you have delivered here thus far.

MrMcJay:


What I'll advise you to do is to try to locate where she now lives or works. Then write a petition for Malicious damage, fraud and stealing and send it to the Police. It is preferable that you get the Police to arrest her at her new workplace or home and put her in handcuffs. Let this be done on a Friday afternoon.

By the time she spends the weekend in Police custody and wakes up on Monday, it is either she makes arrangements to pay in full or she is charged to court and remanded in Prison custody. Even if she makes bail, she can't complete the terms in 48 hours and she would taste prison.

For a sample KYC form, I have attached a Docx document to this post, if possible, you can download it and use. In addition, I suggest you request for the contact details of the previous landlord of each prospective tenant and talk to such landlord before letting your house to a prospective tenant.

20 Likes

Re: Treasury Bills In Nigeria by Theconglomerate(m): 3:06pm On Jun 02, 2020
ahiboilandgas:
i supply to that Mrs filling station in michika.
Okay..
Re: Treasury Bills In Nigeria by arent88(m): 3:07pm On Jun 02, 2020
Theconglomerate:
Borno.
Mixhika,adamawa
alright, never been to michika so I wouldn't know. but still that's a small fraction of the north.
Re: Treasury Bills In Nigeria by ahiboilandgas: 3:22pm On Jun 02, 2020
Theconglomerate:
Can you smuggle to America?
What kind of analogy is this?Even drug lord from colombia and mexico that build Subs to smuggle drugs and own planes with deleted transponders hardly succeed to america,talkless of ship carrying commodity.
So trump can afford to raise tariff,Nigeria can't else they finish it with smuggling.
i don tire

4 Likes

Re: Treasury Bills In Nigeria by Theconglomerate(m): 3:24pm On Jun 02, 2020
ahiboilandgas:
i don tire
Me too.

4 Likes

Re: Treasury Bills In Nigeria by IamR: 3:36pm On Jun 02, 2020
ahiboilandgas:
i don tire
Theconglomerate:
Me too.
Una don try.

26 Likes

Re: Treasury Bills In Nigeria by yazga: 3:48pm On Jun 02, 2020
dejiotus:

Good morning my big Oga Mr McJay.
I have to agree with you o, that it is more sensible and wise just to waive the two months rent for the sake of peace and to get rid of a bad tenant. Tenants just need to know that legally any additional time spent needs to be paid for in full.

I will be grateful if you or any of our big Ogas and Madams in the house has a Know your Customer "KYC" template for prospective tenant, that can be shared. Landlords among us should please regularly inspect the meters in their properties to ensure there is no illegal or "bypass" connection. My tenant in Magodo absconded and left me a bill of 945 thousand naira (yes just under 1M naira on a prepaid meter o!!!) to pay, when she was caught by the Ikeja Electric Vigilance team. She did not pay even one kobo for electricity over the preceeding 4 months. She had apparently engaged someone to tamper with the prepaid meter as electricity supplied was not being read by the meter. The property was charged 150K per month, for 6 months as loss of revenue plus 45K as VAT. My case is still unresolved and with the NERC regulator

I am still wondering how this is possible. Anyway, you just have to let them have their own control box to each flats. and the box read the me, Power usage, power remaining and amount recharged.
Re: Treasury Bills In Nigeria by yazga: 3:50pm On Jun 02, 2020
Correct me if I am wrong, How is it possible to bypass a prepaid meter?
ojesymsym:
Magodo That means ideally, such a tenant should be a relatively high income bracket and should be able to pay yet they choose the option of bypassing. So it is not about the person's income but the personality of the person renting the house .

Re: Treasury Bills In Nigeria by ojesymsym: 3:51pm On Jun 02, 2020
Very easy ma
yazga:
Correct me if I am wrong, How is it possible to bypass a prepaid meter?

1 Like

Re: Treasury Bills In Nigeria by yazga: 3:51pm On Jun 02, 2020
Facebook
Twitter
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Instagram
The school her children attend
Her church
Her office
Didn't you get her details before giving the partments
dejiotus:


You are 100 percent correct. That is why I intend to do a full Know your customer "KYC" checks before I rent to one of the prospective tenants showing interest.
Unfortunately for me, all the professionals involved when the house was rented to my former tenants, did not do any KYC checks at all. The old tenant apparently absconded three weeks before the end of her tenancy and I have not been able to locate her.

1 Like

Re: Treasury Bills In Nigeria by yazga: 3:54pm On Jun 02, 2020
MrMcJay:


What I'll advise you to do is to try to locate where she now lives or works. Then write a petition for Malicious damage, fraud and stealing and send it to the Police. It is preferable that you get the Police to arrest her at her new workplace or home and put her in handcuffs. Let this be done on a Friday afternoon.

By the time she spends the weekend in Police custody and wakes up on Monday, it is either she makes arrangements to pay in full or she is charged to court and remanded in Prison custody. Even if she makes bail, she can't complete the terms in 48 hours and she would taste prison.

For a sample KYC form, I have attached a Docx document to this post, if possible, you can download it and use. In addition, I suggest you request for the contact details of the previous landlord of each prospective tenant and talk to such landlord before letting your house to a prospective tenant.
They will run and you will never see them again or they give you the number of a family friend disguising as the landlord.
Re: Treasury Bills In Nigeria by ahiboilandgas: 3:58pm On Jun 02, 2020
Theconglomerate:
Me too.
am sending u a cold bottle of audio Heineken...take care

22 Likes

Re: Treasury Bills In Nigeria by olujaidi: 3:59pm On Jun 02, 2020
yazga:
They will run and you will never see them again or they give you the number of a family friend disguising as the landlord.

There's a chance the individual has a LinkedIn profile. Even on social media handles, the person might upload a photo with the company logo nearby

1 Like

Re: Treasury Bills In Nigeria by yazga: 3:59pm On Jun 02, 2020
ojesymsym:
You haf tay in this business, so far, you have shown you are an authority in the real estate industry.
This is an example of why it is always good to calm down and listen, you never can tell who the other person is and what his experience is.

Thanks for the invaluable info you have delivered here thus far.

Yeah he his
Re: Treasury Bills In Nigeria by yazga: 4:03pm On Jun 02, 2020
I am a Woman.
ojesymsym:
Very easy sir
Re: Treasury Bills In Nigeria by ojesymsym: 4:05pm On Jun 02, 2020
Sorry ma, I raise my two hands as being guilty of stereotyping, in a good way sha
yazga:
I am a Woman.
Re: Treasury Bills In Nigeria by Theconglomerate(m): 4:09pm On Jun 02, 2020
ahiboilandgas:
am sending u a cold bottle of audio Heineken...take care
No shaking,1 Budweiser for you.

12 Likes

Re: Treasury Bills In Nigeria by ojesymsym: 4:09pm On Jun 02, 2020
You can tell theory, what you believe should be the case from real life experience from his real estate comment.
Some of the things he has said, no one else has ever mentioned them anywhere.
This may be a faceless forum, but you never can tell who the other person is. You for example may be Nkonjo Wealla I non go know.
That is why I de respect everybody o.

yazga:
Yeah he his

1 Like

Re: Treasury Bills In Nigeria by ojesymsym: 4:10pm On Jun 02, 2020
I am the sole importer of those two products into the country. I plan to open a factory very soon also.

ahiboilandgas:
am sending u a cold bottle of audio Heineken...take care
Theconglomerate:
No shaking,1 Budweiser for you.

3 Likes

Re: Treasury Bills In Nigeria by Focusingmore: 4:15pm On Jun 02, 2020
Tobex4realTobex234:


Where una they always get una numbers from. Forget black market. Even Cowrywise and Chaka they sell USD for 430.

Anybody wey need USD for personal use make he buy from Binance.
Anybody wey need USD for legit purposes make he buy from CBN/banks.
Anybody wey wan speculate, this no be good time to buy, as things are quite volatile.
How can one buy dollars from binance?

Thanks

3 Likes

Re: Treasury Bills In Nigeria by freeman67: 4:17pm On Jun 02, 2020
ositadima1:


Pls, can I still get this bond tomorrow that is d closing date? Any ideas?


Sorry my reply is coming late. Have been away from my phone since morning because I have been busy and also because the phone was giving me headache. Thank God you got an instant reply from emmasoft. Today is the last day of subscription as advertised. I believe you acted with the reply he gave you.
Re: Treasury Bills In Nigeria by freeman67: 4:21pm On Jun 02, 2020
deleson:
Hello,

Just checking if had a closure on this issue.

Also, I'd like to know (from you or anyone else with experience) if Eurobond payout are made in Dollar or Naira.

Thanks.


Yes, that's why they require you to have a dorm account. The proceeds from it is usually credited to your USD account.

1 Like

Re: Treasury Bills In Nigeria by ahiboilandgas: 4:41pm On Jun 02, 2020
ojesymsym:
I am the sole importer of those two products into the country. I plan to open a factory very soon also.


Good luck let reduce the poverty,misery and unemployment in our land ...
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:44pm On Jun 02, 2020
yazga:
Correct me if I am wrong, How is it possible to bypass a prepaid meter?


That is another trick used by Ikeja Electricity Distribution to rip off their customers.

It happened to me about 3 years ago, when we got a new manager for my area. They all have targets, they disconnected my power supply on a Friday even though I am on prepaid. When I went to their office on Saturday morning, I found out that this was done to about 20 of us. They claimed we by passed and also brought an accumulated bill of 450k to me. How can a pre paid meter have the old bill.

I sent a mail to Nigeria Electricity Regulation Council Abuja, wrote the CEO of Ikeja Electricity and the top management, my power supply was restored within 48 hours, NERC forwarded a copy of query they sent to IKEDC to me. The lady ie new manager was transferred from Ajao Estate to some where at Ikorodu...


IKEDC marketers and manager are not happy with people using pre paid meters and are trying to frustrate them

29 Likes 9 Shares

Re: Treasury Bills In Nigeria by freeman67: 4:47pm On Jun 02, 2020
ojesymsym:
Please, today is the SUKUK fund day, when should we start expecting news?

Settlement date as stated in the placement details is on the 9th of June 2020. That is when you should start expecting any news.
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:48pm On Jun 02, 2020
dejiotus:

Good morning my big Oga Mr McJay.
I have to agree with you o, that it is more sensible and wise just to waive the two months rent for the sake of peace and to get rid of a bad tenant. Tenants just need to know that legally any additional time spent needs to be paid for in full.

I will be grateful if you or any of our big Ogas and Madams in the house has a Know your Customer "KYC" template for prospective tenant, that can be shared. Landlords among us should please regularly inspect the meters in their properties to ensure there is no illegal or "bypass" connection. My tenant in Magodo absconded and left me a bill of 945 thousand naira (yes just under 1M naira on a prepaid meter o!!!) to pay, when she was caught by the Ikeja Electric Vigilance team. She did not pay even one kobo for electricity over the preceeding 4 months. She had apparently engaged someone to tamper with the prepaid meter as electricity supplied was not being read by the meter. The property was charged 150K per month, for 6 months as loss of revenue plus 45K as VAT. My case is still unresolved and with the NERC regulator



Don't mind IKEDC how can one by pass the pre paid meter, that is negligence on their own part. What is she using in the house that will warrant energy consumption of 150k? They are out to frustrate pre paid meter users, they are very comfortable and happy with the estimated billing fraud which they perpetuate

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