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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4513222 Views)
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 Nobody: 4:07pm On Sep 27, 2020 |
ahiboilandgas: Well, you have a point. I do not live in the US, so I cannot claim knowledge on this. My comparison would be in terms of general life expectancy here compared to there and general access to basic infrastructure and amenities in a broad perspective. Maybe someone else with more info could chip in. |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:09pm On Sep 27, 2020 |
My post is not suggesting that Nigeria is More better more than develop Nations one i factor all parameters they have suceded more than us by far ......example they have wild fires and bitter winter and mad gun people .we have. |
Re: Treasury Bills In Nigeria by Nobody: 4:09pm On Sep 27, 2020 |
ahiboilandgas: Exactly! I live in Nigeria, and have been fortunate to thrive here while visiting other countries. Sincerely, I do not see why I should live abroad. However, I am not oblivious/ignorant to the fact that many, very many do not have this privilege here. People are in deep suffering in this country, it is sad. But back to our discussion, in general life expectancy is better there compared to here - from what I know. 4 Likes |
Re: Treasury Bills In Nigeria by Nobody: 4:13pm On Sep 27, 2020 |
ahiboilandgas: Sickness like malaria, and lack of nutritious food has taken the lives of more people in this country, and is still doing so up till now. It cannot be compared to one-off challenges you pointed out. Of course we are not comparing per se, just looking at what is obtained here and there all based on our Naira value discuss. I mean, people want to thrive, to improve the quality of their lives, that's why they travel out. 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:20pm On Sep 27, 2020 |
Tabuse2024:yes Nigerian state has failed it people and empowered only few appointee and cronies |
Re: Treasury Bills In Nigeria by jedisco(m): 4:27pm On Sep 27, 2020 |
Cyberknight: Yeah... I agree. The first time on this thread I used 'free', I put it in inverted commas. That's because I've spent lots of time in the past putting it out here that even though somethings are free at the point of delivery in the West, it's still bery expensive to run those services which are generally funded by tax payers. One of such examples was explaining to someone that the reason why healthcare in the UK is free is not because the doctors there are angels and treat for free. The budget of a single NHS Trust can be more than the budget of some states in Nigeria. The point I'm making is that because it's a collectively richer country with a good tax rate, thise things can be funded from the public purse thereby making them free at point of service, good quality and available to all and hence a better standard of living for both rich and poor 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 4:28pm On Sep 27, 2020 |
ahiboilandgas: All hope is not lost. Just like the many discussions that have been had here, this country remains a land of opportunities, many opportunities. A lot of us are banking on its success, at this point, we cannot let it fail. Even the politicians, am not sure they want it to fail. A good leader will set the pace. Note that I did not say very good, or excellent. Just someone who can truly create a few checks and balances...and the country will kick off 1 Like |
Re: Treasury Bills In Nigeria by jedisco(m): 4:47pm On Sep 27, 2020 |
ahiboilandgas: Again we have to look at things in relative terms.. Even with all tge violence in the US, it can't be compared to what's going on in Nigeria. The reason why it seems like the reverse, is the value placed on life in such climes. Look at security in Nigeria... On Abj-Kad way which is barely 2 hours from our capital, armed men rob, kill and kidnap daily. At a stage, even politicians with escorts could not use the road. Do you think such can consistently happen 2 hours away from Washington DC? Other examples... It's no longer news in Nigeria if bandits sack a village and kill 50 people. What do you think will happen if such occured in the UK? When you hear that cancer is killing white kids and you don't hear such in Nigeria, ask them their under 5 mortality rate and compare it to ours and you'd see that more Nigerian kids probably die of malaria and malnutrition everyday than the total number of children Cancer kills in the US every year When there's fire or dusaster that kills say 10 people in Europe, our leaders and celebrities are very quick to issue statements but are silent when hundreds more die in similar conditions in Nigeria. Look at the number of people killed in tanker explosions this year. How often does something like that happen in the West? What I'm saying is that every country has its issues but some are bigger. Even as bad as Nigeria is, people in Niger see Nigeria as a land of opportunities just as we see UK/US.. When you hear some Brits talking about how 'broken' the NHS is and how they'd rather go for private care, you begin to ask yourself if it's still not this same NHS that is in many ways better than 98% of our best private hospitals... Everything is relative.. a child who eats chicken only on sundays will rejoice to if given chicken legs...while one who eats it everyday would probably reject even the laps on a good day 14 Likes |
Re: Treasury Bills In Nigeria by Nobody: 5:05pm On Sep 27, 2020 |
jedisco: Yes sir 1 Like |
Re: Treasury Bills In Nigeria by Philantropists: 5:29pm On Sep 27, 2020 |
Nigeria is an unsafe place even with police escorts surrounding you but in the UK any adult can walk in any city at any time of the day without fear of being kidnapped or used for money ritual. NHS is 200 percent better than Nigerian private hospitals, the British population that complain about health care are mostly the fat ones looking for who to pay for their liposuction treatment quicker than the system permits. jedisco: |
Re: Treasury Bills In Nigeria by Nobody: 5:53pm On Sep 27, 2020 |
jedisco: Whilst your argument is sound, it addresses standards of living only which is obvious. That wasn't the argument. Buck for buck your dollar's will go further in Nigeria than in the us. Ignore all the social protection stuff. 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 6:09pm On Sep 27, 2020 |
Pls my office sec told me she invested 450k in bara/Mba ...at 17 percent per months ....how do Nigeria people reason ....she lost 300k in MMM now this that it been 3 year on ......are Nigerian normal people or just greed driven.....i tire ooh 7 Likes |
Re: Treasury Bills In Nigeria by Leezah(f): 6:33pm On Sep 27, 2020 |
ahiboilandgas:Greed driven. 3 Likes |
Re: Treasury Bills In Nigeria by jedisco(m): 11:10pm On Sep 27, 2020 |
Philantropists: The fact that the PM and MP's use public trains with no litany of security personnel surrounding them speaks volumes. Imagine Buhari using the Abuja public transport system with regular Nigerians without his obvious convoy. The NHS is impressive for what it has accomplished moreso given how it was birthed. But then, there's always room for improvement and that thinking is why I believe it has grown to become why one of the most effective health delivery systems in the world. It's a constantly improving health delivery system 3 Likes |
Re: Treasury Bills In Nigeria by mindtricks: 11:20pm On Sep 27, 2020 |
ahiboilandgas: |
Re: Treasury Bills In Nigeria by Electroweb(m): 4:25am On Sep 28, 2020 |
NL1960:. |
Re: Treasury Bills In Nigeria by ositadima1(m): 6:36am On Sep 28, 2020 |
NL1960: You mentioned CKC Onitsha and not DMGS(Does Monkeys Go to School), why ? ![]() ![]() ![]() |
Re: Treasury Bills In Nigeria by DexterousOne(m): 7:47am On Sep 28, 2020 |
Many people dont seem to realise the abysmal quality of life we have in Nigeria ![]() ![]() This thing we are living here Is this one life? Hahahaha 3 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 7:49am On Sep 28, 2020 |
ositadima1: If this is the metric Then Nigeria will fail the test woefully ![]() ![]() |
Re: Treasury Bills In Nigeria by DexterousOne(m): 7:51am On Sep 28, 2020 |
jedisco: Well said This is exactly the point we were trying to make 2 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 7:56am On Sep 28, 2020 |
jedisco: Thank you very much 2 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 8:00am On Sep 28, 2020 |
Nigsrdumb: If it's not our "father's land" So what? It means nothing USA, Canada, Australia NZ and RSA is not the "traditional fatherland " of the Anglo Saxons Yet they are there; made the place their homes and are doing their thing That's the black man handicap Obsession with "fatherland " Blacks like me however do not suffer from such though All the goodness of this world is ours for the taking and using as long as we reach out for it If the White man can do it I can as well No be two heads he get Neither is he a superhuman 8 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 8:04am On Sep 28, 2020 |
jedisco: Yea Maybe you can say that the connections we have because we spent our formative years in this failing country and the fond memories is all we got when it comes to Nigeria And relatives when it comes to me personally That's it That doesn't stop folks like myself who will eventually disconnect do so ....... ![]() We are done with the foolishness here 1 Like |
Re: Treasury Bills In Nigeria by DexterousOne(m): 8:11am On Sep 28, 2020 |
ahiboilandgas: How about the cultism, banditry, fulani herdsmen, tanker explosion, human disaster, kidnapping, road accidents (avoidable) and the long list goes on in Nigeria You are more likely to die in Nigeria than the USA And the USA is even not the only western country UK and Canada even have a lower risk of being killed like that than USA. People die like fowls in Nigeria every day Nobody bats an eyelid A state governor in Nigeria was ambushed by terrorists in his own state And yet hell has not been raised Its business as usual It's hard for you to accept But looking at it dispassionately Nigeria is tilting towards a failed state No sentiment You talk of white supremacy White supremacist thinks he is superior to black man That's it. Tho a couple of then are violent.. But we have advanced foolishness of that sort in Nigeria too.. We have Yorubas who think they are better and superior to igbo in this country And rejoice when perceived misfortune happens in that corner of Nigeria Reading on nairaland alone is enough proof The South East has the least contracts allocation in the budget throughout the Buhari presidency And other ethnic groups cheer it So what are we saying? Forget that story please ![]() 7 Likes |
Re: Treasury Bills In Nigeria by Philantropists: 8:40am On Sep 28, 2020 |
Nigeria is indeed not looking good and this will continue for the next 100 years unfortunately. Even though a lot of people argue here that Nigeria is cheaper compared to the developed countries BUT i think there are disparities. 1. To see a duly qualified private doctor for any serious treatment like surgery keep aside N2 million BUT In the UK if you like break all the bones inside your body, your body will be re-constructed for free. 2. Stability of price of commodities and services non-existent in Nigeria for example the amount you buy milk in the market today is not what you will buy it in 6 months time BUT In the UK price of groceries remains the same in all chains of stores for 6 months and beyond, prices rather down than go up even in recession (quite a magic). 3. In Nigeria quality service is attributed to the rich for example AY will do shows and charge N2 million table for 10 i.e N200k/£350 per person, similar shows performed in better venues in the UK with A-list artists and celebrities such as Robby Williams, Tracy Chapman will never charge more than 100 pounds for VIP tickets. To have a balanced life as it exists in developed countries while in Nigeria is way more expensive without a doubt. I don't know how others do it but N30k doesn't last more than 24 hours for me in Nigeria while in a developed country i can comfortably live on £20/N12k per day (housing excluded). DexterousOne: 7 Likes |
Re: Treasury Bills In Nigeria by NL1960: 8:48am On Sep 28, 2020 |
ahiboilandgas: There is saying in my place 'it is a fish that a fish eats to become fat'. Her 300k loss in MMM was a gain to another person. 2 Likes |
Re: Treasury Bills In Nigeria by NL1960: 8:51am On Sep 28, 2020 |
ositadima1: No vex. Na mistake. ![]() |
Re: Treasury Bills In Nigeria by Nobody: 8:53am On Sep 28, 2020 |
DexterousOne: Go and conquer it na. You wey you no fit build una country The black mans handicap is lack of awareness, why build another mans land when you're capable of building yours. A lot of you don't know what's coming, if we tell you the truth from real life experiences you'll start quoting statistics from the internet. Make i just keep quiet. |
Re: Treasury Bills In Nigeria by ositadima1(m): 8:56am On Sep 28, 2020 |
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Re: Treasury Bills In Nigeria by DexterousOne(m): 8:59am On Sep 28, 2020 |
Nigsrdumb: Hahahaha What are you saying this morning? "Why build "another man's land" when you can build yours" When you make comments like these I laugh out so loud News flash! Africa with its majority foolish population will not build anything You cant expect people like us to be stuck with the vast majority of deadwood on the continent who do not want things to change And yes Obsession with father land is the black mans handicap If AngloSaxons and the Celts thought like us Will they be where they are today ? There is "no truth " to tell Well except that the continent is failing ![]() 6 Likes |
Re: Treasury Bills In Nigeria by Nobody: 9:01am On Sep 28, 2020 |
DexterousOne: I just woke up bra. Let me ask you a quick question are you based in Nigeria or abroad? Have you ever travelled out of Nigeria? |
Re: Treasury Bills In Nigeria by DexterousOne(m): 9:05am On Sep 28, 2020 |
Some of the responses I have been reading over the last few pages have been amusing Hahahaha: ![]() ![]() Answer honestly With the high illiteracy, repugnant cultural practices and mentality, religious zealotry on both sides, and a wrong value system You really think Nigeria will make significant progress, either as one country or divided entities over the next 50 years Not to add That the population is exploding because the populace is stupid ![]() Please answer honestly I have made mention of it severally As long as the majority of voters with voters card are almajiri, thugs and agbero, cultists and militants And those with useless mentality in general The country will not elect good leaders 6 Likes |
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