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Treasury Bills In Nigeria - Investment (1570) - Nairaland

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Re: Treasury Bills In Nigeria by Nobody: 4:07pm On Sep 27, 2020
ahiboilandgas:
All die na die....a white supremacist can just kill u for no reason in America for just been black..my uncle that when to America son was killed in wincosin for been married to a white...after repeated treath of harm....while in rich in Nigeria might battle all this like wise the one in America too can be wipe out by wild fire ...

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:
u have factor it in .....even thing like wild fire can wipe u and ur property out....must migrants are only driven by economic reasons and more oppurnties which i understand.....very rich Nigerians stay in Nigeria

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:
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.

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:


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.
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:


Nothing is free.
You pay for it all.

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:
yes Nigerian state has failed it people and empowered only few appointee and cronies

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:
how about the gun violence in the Us ,white supremacy over 36000 people have been killed that equal to all death by boko haram and kidnappers in Nigeria..

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:


Finally, that's what makes the difference- our connections, fond memories and familiar culture in Nigeria and the fact that Nigeria is the only country we can truly call our own.

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:


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
Re: Treasury Bills In Nigeria by Nobody: 5:53pm On Sep 27, 2020
jedisco:


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

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:
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
Greed driven.

3 Likes

Re: Treasury Bills In Nigeria by jedisco(m): 11:10pm On Sep 27, 2020
Philantropists:
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.


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:
But once Nigerians are unproductive and want thias to farm rice they will eat , Dutch to milk cow and export mill to them , Chinese to do poultry, Norwegians to do fish for the, europeans to drill there own oil , Indian to send petrol , China to do bulbs , sockets , buckets, toothpick , Japaneses. Cars South Africa to provide contents to be watched on tv ....and all Nigerians do is fight ethnic and religious battles online and play Najia bet and consume other people hard work we keep getting hit by the dollars ......dollars to yen is about 120 .....who cares it even Good for the Japanese affordable toyota to Americans.
Re: Treasury Bills In Nigeria by Electroweb(m): 4:25am On Sep 28, 2020
NL1960:


Ok. I no want chop ban as you never know what spam bot looks for.

(1) Loyola Jesuit Abuja (full boarding mixed)

(2) St Gregory's College SW Ikoyi (Boys only day and boarding)

(3) Holy Child College SW Ikoyi (Girls only day and boarding)

(4) Lumen Kristi Uromi, Edo state (Boys only full boarding)

(5) Presentation National High School, Benin (Girls only full boarding)

(6) Christ the King Catholic College(CKCC), Odolewu (Boys only full boarding)

(7) Louisvile Girls High School, Ijebu Itele (Girls only full boarding)

(8 ) Atlantic Hall Epe (Mixed full boarding)

(9) St Francis Catholic School, Idimu (Mixed day and boarding)

(10) The Lagoon school, Lekki (an Opus Dei school for girls)

(11) Jesuit Memorial Port Harcourt (full boarding mixed)

(12) CKC Onitsha

(13) Marist Brothers Juniorate Uturu Abia state

(14) Whitesands School Lekki Lagos (an Opus Dei school for boys)

(15) Ambassadors college Ota (This is owned by the parents of the owner of Nairaland)

etc
etc
etc

NB: There are also several British and American schools but you have to pay in foreign currency for those. That is why i did not include them
.
Re: Treasury Bills In Nigeria by ositadima1(m): 6:36am On Sep 28, 2020
NL1960:


(12) CKC Onitsha


etc
etc
etc

NB: There are also several British and American schools but you have to pay in foreign currency for those. That is why i did not include them

You mentioned CKC Onitsha and not DMGS(Does Monkeys Go to School), why ? angry angry undecided
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 grin cheesy

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:


I think one way to know which country is cheaper to live in is to compare what fraction of earnings (for similar standard jobs like lawyers, engineers, doctors etc) is spent on similar commodities.

If this is the metric

Then Nigeria will fail the test woefully cheesy cheesy
Re: Treasury Bills In Nigeria by DexterousOne(m): 7:51am On Sep 28, 2020
jedisco:


Yeah.. I agree it'd be a more practical way to compare.

If you do that, you see that Nigeria is much more expensive to live in and afford the basic necessities of survival even without factoring other important things like security, health, good education, good infrastructure e.t.c.


The main factor beclouding thus is that most Nigerians are poor so if you have little, they see you as king. It's like being a one eyed man in the land of the blind

Take for example, a single dude in Nigeria earning between 150-250k, driving a 2008 car, living in a good apartment and using a recent gadget. Alot of people would see and treat that person as having 'arrived'. Family men will be hailing him at his workplace as 'Oga' and all giving advice on why he should get married asap.
In the West, all those items mentioned up there are things people wouldn't care about talk more of associating them with affluence

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:


I agree the USD is now more valuable in economic terms, but then, even if you earn 460k, it may seem like much initially but then, it'd soon become obvious that there are lots of things you benefit for free from by being in a developed country that the 460k wouldn't get.

There's a reason why it's said that an average citizen of a rich country would unknowingly be treated with more respect than a wealthy citizen of a poor country.


Like I said in a post above, earning that amount in Nigeria looks big only because it'd make you a king among poor folks...

But then with your 460k, look at the chance of needing urgent advanced medical attention for you or relatives or the chance of being kidnapped and paying your life saving as ransom, or the chance of having an accident because of potholes on the road, or the fear of going to the village with ur new vehicle, or the fact that you'd have people begging you at every opportunity..... and you'd see that 460k isn't worth it. Even the facilities that make our Wuse, Gwarimpa, Banana Island and Ikoyi special can best be compared to basic items you'd get in any town in the UK.

In the UK for example, even as a millionaire, you can cycle to work without worries, you can get on the public train and not be worried about your safety, if you need urgent medical attention, an ambulance would come relatively quick, you can be driving a 2020 Camry and nobody cares, you're not worried about being kidnapped or being attacked by armed robbers, if you loose your job or become handicapped, the government would support you.... All these are necessary for having a quality life and come for free buy they are things that millions in Nigeria wouldn't afford


Thank you very much

2 Likes

Re: Treasury Bills In Nigeria by DexterousOne(m): 8:00am On Sep 28, 2020
Nigsrdumb:



All well and good bottom line, it's not our fathers land, Nigeria is.

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:


Finally, that's what makes the difference- our connections, fond memories and familiar culture in Nigeria and the fact that Nigeria is the only country we can truly call our own.

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 ....... cheesy

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 gun violence in the Us ,white supremacy over 36000 people have been killed that equal to all death by boko haram and kidnappers in Nigeria..

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 cheesy

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:


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 cheesy

7 Likes

Re: Treasury Bills In Nigeria by NL1960: 8:48am On Sep 28, 2020
ahiboilandgas:
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

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:


You mentioned CKC Onitsha and not DMGS(Does Monkeys Go to School), why ? angry angry undecided

No vex. Na mistake. grin
Re: Treasury Bills In Nigeria by Nobody: 8:53am On Sep 28, 2020
DexterousOne:


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

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
cheesy
Re: Treasury Bills In Nigeria by DexterousOne(m): 8:59am On Sep 28, 2020
Nigsrdumb:


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.



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 undecided

6 Likes

Re: Treasury Bills In Nigeria by Nobody: 9:01am On Sep 28, 2020
DexterousOne:




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 undecided

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: cheesy grin

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 undecided

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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