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Treasury Bills In Nigeria - Investment (1572) - Nairaland

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Re: Treasury Bills In Nigeria by DexterousOne(m): 3:14pm On Sep 28, 2020
Alexgeneration:
Because the Bible said "the poor will always be in your midst ", is why Africa and Africans will continually be reeking of mediocrity and poverty?




Africans keep referring to Walter Rodney's book in deflecting their gross incompetence while they forget that China, Singapore and other serious southeast Asian countries were also colonized.




Nobody should be guilt tripped in staying in a backwater country all in the name patriotism.
I agree with u
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:16pm On Sep 28, 2020
XiaoLi:
You are even using China and HK which is equal to the so called west (Shanghai, Beijing, Shenzhen and Hk is more beautiful than many cities in the so called west), countries like Malaysia, Thailand and even Vietnam are light years away from Nigeria.
Well
Let me say the one I am sure of...

I know Malaysia have made their strides

But when you talk of countries light years away from Nigeria

Japan, The rest of the West, China, HK Taiwan and Singapore comes to mind
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:19pm On Sep 28, 2020
ultron12345:
My brother, you have spoken well.

Where some see problems, others see opportunity. To some, the infrastructure in Nigeria is a problem, to others, it's an opportunity.

Let me use the Nigerian banking sector as an example. Today, Nigeria's banking sector is well developed, but it was not always so. Back in the 70s and 80s, it was very poor and underdeveloped. At that time, there were two sets of people.

The first set of people are like dextrousone. They were wailing and frowning and insulting the industry, calling the country a shithole for not having a well developed banking industry comparable to other countries.

The second set of people, instead of seeing the underdeveloped banking industry as a problem, saw it as an opportunity to get a strong foothold in the industry. Back then, it was very easy to start a bank due to undevelopment of the sector. Very low regulatory and capital requirements. So they took advantage of this and started bank, some collapsed while some became the banks we see today. Among this second set of people, are the likes of Tony Elumelu and Jim Ovia.

Now that the banking industry is developed, the opportunity in the industry has reduced. Very very few can meet to high and tight capital and regulatory requirements to get into the banking industry today, compared to back in those days when the industry was underdeveloped and therefore with low requirements which provided the opportunity for people like Jim and Tony. If Jim and Tony were today in the same position where they were back in those days before starting their banks, graduates with few years of working experience, of course they wouldn't be able to start UBA and Zenith Bank today. It was the underdevelopment of the industry that gave them their opportunity. Today, all the wailers, including those who used the undeveloped industry as an excuse to move abroad, are nowhere near them.

I am not saying everyone must stay in Nigeria. If you think abroad will favour you better than Nigeria, then leave. Those that believe Nigeria favours them better than abroad, will stay back. The problem I have is that those that want to leave will not allow the rest to hear word, everytime disturbing and insulting those that want to stay. If you wan go, then go in peace and leave us alone. Indians go abroad too and achieve far far more than any Nigerian diaspora can ever achieve, yet you won't hear then making useless noise or insulting their country and those who decided to stay back. As you're leaving, many are coming in, especially the Lebanese and Indians, and I can bet these people that are coming in will be far more productive and beneficial to the nation than you if you stayed. Where I leave, there's a large number of Lebanese-Nigerians who've been here for generations. Others came quite recently. I see the huge celebrations they throw when they get their Nigerian passports. So as you're celebrating your Permanent Residency or passport abroad, there are also those who are celebrating getting our own down here. So as you're going, we are working towards building our own back here. Our own that we can call our own, not another person's own where I will have to be continuously chanting black lives matter, racism and I can't breathe.

So as Abroad is your paradise, Nigeria is also paradise for others. Go to your paradise and let others enjoy their paradise in peace.

Also, anti-immigrant sentiment is springing up across the developed world. Trump is only the first. Go and look at others like Matteo Salvini in Italy. That one is willing to sink any ship carrying african migrants across the Mediterranean. I hope if or when the real owners of those countries you're running to, decide to kick you out, you will not start shouting "Black Lives Matter"and racism and "I can't breathe", because they have a right chase away unwanted visitors. They also have a right to treat you as they wish, including gunning you down for no just reason. If you don't like it, they'll tell you, shut up or go back to your country.

Funny how they call and cheer and love it when Trump calls their country or continent a shithole but get angry and start calling him racist when he treats them and their kind as nothing more than "shit from a shithole"
Nobody is against anyone who wants to remain in Nigeria sha

I do not tackle them at all.
However
What is happening is that those who remain to be based in Nigeria get somewhat triggered when people point out the obvious shittiness of the country grin
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:21pm On Sep 28, 2020
And for someone to think that the influx of Shitty indians and lebanese into our country is a good thing is saddening undecided

Any accountant in the house who have done their books before will tell you why the Nigerian government need to take strong stance and send these mofos out of our country

Well I dont blame them sha
It's the few saboteurs within us that aid and abet them in their bad ways undecided
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:26pm On Sep 28, 2020
NL1960:
There is still an opportunity for him to conquer o. Imagine if he can make toilet tissue to be readily available during a pandemic so that there will not be any fight and queuing for it. Has he not conquered that aspect?. cheesy grin
That would actually have been an excellent idea grin cheesy

But then
One part of me will feel so sad exploiting the ignorance and folly of others tongue

On a more serious note tho
The world is ours for the taking
Just like every other groups of people
Our individual mentality sometimes is what limits us...


Once you have the mentality of what others have got
I can get it too
White, Jewish or otherwise
You will achieve what you set out to
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:28pm On Sep 28, 2020
NL1960:
You have nailed it.

I was beginning to get headache over the constant insult of the country. US, Canada and UK cannot contain Nigeria's 200m people. So people will always be here. Who wan comot, should comot and allow those wen wan remain to remain. I wonder if that is too much to ask from those people. The most annoying part has been the person equating $1,000 to N1,000 as if everybody in US is on $1 to $1 level.
Hahahahaha

But to be truthful

The initial article that prompted that response from that person was poorly written, filled with ignorance and should not have circulated as much

Even PPP that economists try to use to even the purchasing differences of different countries show that Nigerias own is abysmal.

So its surprising to see someone type in that manner

And what's worse is that many believe him
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:34pm On Sep 28, 2020
Nigsrdumb:
Excellent thanks.

Self awareness is a big issue.

You want to conquer an already developed place but can't see any opportunities in a barren land.

The middle class Nigerians are supposed to be the light of Nigeria , but they can't see beyond their noses.

They chase westernisation instead of modernity.

Clean your environment, plant trees , fix a persistent issue , do the simple things first. Mba that's too much.

The world is telling us what we have to do, but them no dey hear word.
Self awareness should be that we as black man can achieve and thrive at the greatest heights wherever we are

Despite the supposed obstacles that we may claim to be on the way

I'm watching bouts of YouTube videos in the night when I get home in continuation of what I started yesterday

I'm watching how young men over the last few years (black and white alike) have used leverage to build a real estate empire for themselves that is growing slow and steady
And strategies they put in place to protect them from the downturns that might come


The question now is...
What stops a Nigerian from building credit and doing the same thing

Especially a young dual citizen of Nigeria and USA over there

It's something that young men of 35 and slightly below can replicate in Nigeria
But the odds are so against you here
And getting credit is the least of your troubles

Omo onile and the rest are lining up to deal with you undecided

We see how young people invest in start up ipos and become multimillionaire in 5 years or slightly more in silicon valley


We are having indian americans hold sway in politics
And sit on boards on fortune 500 companies

Some even being CEOs


Dey dia as black man and be complaining about how the system is not for black man and not do something about making it

I repeat
Opportunities globally are ours for the taking
It's for us to go take it

One can succeed at what he does in Nigeria
And you can reach commanding heights in the west, or even the far east

Some will call it naive thinking
But that's the reality
Re: Treasury Bills In Nigeria by Nobody: 3:34pm On Sep 28, 2020
NL1960:
You have nailed it.

I was beginning to get headache over the constant insult of the country. US, Canada and UK cannot contain Nigeria's 200m people. So people will always be here. Who wan comot, should comot and allow those wen wan remain to remain. I wonder if that is too much to ask from those people. The most annoying part has been the person equating $1,000 to N1,000 as if everybody in US is on $1 to $1 level.
I'm thinking Noah's ark should do the job grin
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:40pm On Sep 28, 2020
AngelicBeing:
@ DexterousOne, I agree with all your submissions, I think you have read several of my post on the travel section of nairaland and l think you know were l stand on Nigeria's issues and my position and stand on Nigeria even before I left decades ago remains the same and is irrevocable

@ Jedisco and Philanthropists, I also concur with all your submissions, the 3 of you have voiced my opinions already and no point of me writing a long essay

"To your tent oh lsrael", back to my silent reading mode cheesy
Yea
I've read a few of your own comments

You even take the more extreme stance when it comes to these things cheesy grin

I never berated anyone who decide to be domiciled in Nigeria

What I have however noticed is that when you point the obvious to them
They get angry cheesy cheesy grin

And talk about how "plentiful" opportunities in Nigeria are grin cheesy

But saying the truth shouldn't get anyone angry na
A country that is treating terrorists better than the soldiers that captured them and the people they displaced should not be taken serious grin cheesy
Re: Treasury Bills In Nigeria by Nobody: 3:46pm On Sep 28, 2020
DexterousOne:
Self awareness should be that we as black man can achieve and thrive at the greatest heights wherever we are

Despite the supposed obstacles that we may claim to be on the way

I'm watching bouts of YouTube videos in the night when I get home in continuation of what I started yesterday

I'm watching how young men over the last few years (black and white alike) have used leverage to build a real estate empire for themselves that is growing slow and steady
And strategies they put in place to protect them from the downturns that might come


The question now is...
What stops a Nigerian from building credit and doing the same thing

Especially a young dual citizen of Nigeria and USA over there

It's something that young men of 35 and slightly below can replicate in Nigeria
But the odds are so against you here
And getting credit is the least of your troubles

Omo onile and the rest are lining up to deal with you undecided

We see how young people invest in start up ipos and become multimillionaire in 5 years or slightly more in silicon valley


We are having indian americans hold sway in politics
And sit on boards on fortune 500 companies

Some even being CEOs


Dey dia as black man and be complaining about how the system is not for black man and not do something about making it

I repeat
Opportunities globally are ours for the taking
It's for us to go take it

One can succeed at what he does in Nigeria
And you can reach commanding heights in the west, or even the far east

Some will call it naive thinking
But that's the reality
Self awareness should be that you're able to build a working civilization first for your own people.

Show the world you care for each other and everything else will follow.

Nigeria had easy access to the west when the country was doing ok , but that was revoked, back then East Asian countries were struggling didn't even have the privilege Nigeria had.

What did they do? They got to work and fixed their countries.

Please tell me how you as an individual thriving in the west affects Nigeria?

Damn ordinary south Africa is rejecting Nigeria.

The more you talk the more i sense naivety.
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:47pm On Sep 28, 2020
Someone made mention of anti immigrant sentiment and Donald Trump.

First
Remember that Donald Trump won the election with the minority vote 1
So his stance and platform is not agreed with by the majority...

Second
Every anti immigrant stance he has taken has been met with stiff resistance both in Congress and in court

And third
If his anti immigrant stance is so welcome

How come he is an unpopular incumbent running the risk of being disgraced at the polls in November

Yes indeed
There are those segments of the population who are anti immigrant
But it's not the vast majority

He has stoked his base with racism chants and stance

But that is their business
A citizen of the USA cannot be deported
So if they dont like having non white Americans around them

They can move to Idaho or Wyoming (like Jesse Dollermore will say lmao)


Nobody is chasing anybody from anywhere
"When the owners chase them out indeed " tongue

Not that I plan to live in the USA though
I'm just spelling that part out

As for Europe
Fascism is still within living memory
Europe is not going back to that
So forget that

However
In this Lagos
We have Yorubas shout "Igbos should go home"

Or Igbos should be chased out
It's on tape

What do you have to say about that?
Re: Treasury Bills In Nigeria by NL1960: 3:47pm On Sep 28, 2020
Nigsrdumb:
I'm thinking Noah's ark should do the job grin
Do you know the location of the ark?. I would be the first person to jump in. grin
Re: Treasury Bills In Nigeria by 9jatriot(m): 3:50pm On Sep 28, 2020
Abeg eeee. there was nothing wrong in the context in which that article was written. The value of naira even in Nigeria is not the same everywhere. 1,000 naira in Lekki, Abuja or Port Harcourt has a far lower value than that same 1,000 in one village in Osun, Ebonyi or Bauchi.

What 1k can buy in those villages will not take you anywhere in those aforementioned cities. If you understand this context, then you can understand the writer and stop assuming that the writer is implying that those villages are more developed that those cities. That comparism is completely different from all attempts made to rubbish the article, patriotisms aside.


DexterousOne:
Hahahahaha

But to be truthful

The initial article that prompted that response from that person was poorly written, filled with ignorance and should not have circulated as much

Even PPP that economists try to use to even the purchasing differences of different countries show that Nigerias own is abysmal.

So its surprising to see someone type in that manner

And what's worse is that many believe him
Re: Treasury Bills In Nigeria by 9jatriot(m):
I really do not understand how people missed the context and started asking why not compare $1 to 1 naira, as if that was the context of the discussion.

For example, the temperature of an ice block is 0' degree centigrade or 32 degree Fahrenheit, 1kg is equal to 2.2 pounds, while 1km/p is equal to 0.62 mph, same way 1USD is equal to around 450 naira. Does it make sense to say, why not compare 1 kilometer to 1 mile? or 0 degree centigrade to 0 degree Fahrenheit?
What I understood from that writer is that, even though in theory, 1 USD is around 450 naira, that the things you can buy with that 450 naira in Nigeria is more than what you can buy with 1 USD in the US.

What those who are saying compare 1USD to 1 naira are effectively saying is that. if they happen to be driving a car that is calibrated with mph in a country that uses kilometer per hour, and the police pull you over for driving over speeding at 100 Km/hr, you can start telling the police man that he is wrong because you are using miles per hour in you speedometer and it is correctly showing you 62 miles per hour. You can tell him that 1KM/hr should be equated to 1 mph.


The writer did not say Nigeria is better the developed countries
He did not say Nigeria is the best country to be

All the people who condemned the article left the topic of discussion and began to speak of which country was more developed, which in this case was not the subject of discussion.
How people missed the context in which that article was written baffles me.

9jatriot:
Abeg eeee. there was nothing wrong in the context in which that article was written. The value of naira even in Nigeria is not the same everywhere. 1,000 naira in Lekki, Abuja or Port Harcourt has a far lower value than that same 1,000 in one village in Osun, Ebonyi or Bauchi.
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:57pm On Sep 28, 2020
Nigsrdumb:
Self awareness should be that you're able to build a working civilization first for your own people.

Show the world you care for each other and everything else will follow.

Nigeria had easy access to the west when the country was doing ok , but that was revoked, back then East Asian countries were struggling didn't even have the privilege Nigeria had.

What did they do? They got to work and fixed their countries.

Please tell me how you as an individual thriving in the west affects Nigeria?

Damn ordinary south Africa is rejecting Nigeria.

The more you talk the more i sense naivety.
No one is saying that it is not ideal to build Nigeria, or Africa in general

It's what we all wish would be the case

However
What you have refused to accept
Is that there has to be a CONSENSUS or will I say AGREEMENT amongst most of us to develop the country

But for most African countries
That is not the case
Especially in Nigeria

Jim Crow was defeated because there was a CONSENSUS that Jim crow must go

Apartheid died in south africa because there was a CONSENSUS that apartheid must go

Hitler was defeated because there was a CONSENSUS to defeat fascism

The Haitians became free and the first black country to liberate themselves through rebellion because there was a CONSENSUS that we are better than being in the plantation for sugarcane and being flogged koboko

Look at Nigeria
Even during our fight for independence
There was no consensus (because of the stance of the north)
And that stupid way has stuck with us till today

No matter what you Nigsrdumb think you can do to save or develop Nigeria
The very fact that there is no consensus in Nigeria that we should get a developed society
It WILL fail

That's what you have to accept
So you dont get disappointed when you get back
Many Nigerians have come back with lofty dreams

And ran away when they saw the reality

I personally would like to have a developed country here
And do what I can
But unlike you
I'm well aware that the absence of a consensus renders all individual effort futile undecided

So what is the next option after being faced with the reality
It's to find your way out if you can and want to


That is self awareness
Understanding your situation for what it is, not what you think it is

Malcolm's X and MLK would have had a herculean task in the achievement of civil rights, if it's the typical Nigerians they had to lead out of Jim crow undecided
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:58pm On Sep 28, 2020
NL1960:
Do you know the location of the ark?. I would be the first person to jump in. grin
Bwahahaha
Very funny
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:59pm On Sep 28, 2020
9jatriot:
Abeg eeee. there was nothing wrong in the context in which that article was written. The value of naira even in Nigeria is not the same everywhere. 1,000 naira in Lekki, Abuja or Port Harcourt has a far lower value than that same 1,000 in one village in Osun, Ebonyi or Bauchi.
Okay
I have nothing much to say about that anymore

I have sha said what I have to say
As one with an econ background
Re: Treasury Bills In Nigeria by Nobody: 4:12pm On Sep 28, 2020
DexterousOne:
No one is saying that it is not ideal to build Nigeria, or Africa in general

It's what we all wish would be the case

However
What you have refused to accept
Is that there has to be a CONSENSUS or will I say AGREEMENT amongst most of us to develop the country

But for most African countries
That is not the case
Especially in Nigeria

Jim Crow was defeated because there was a CONSENSUS that Jim crow must go

Apartheid died in south africa because there was a CONSENSUS that apartheid must go

Hitler was defeated because there was a CONSENSUS to defeat fascism

The Haitians became free and the first black country to liberate themselves through rebellion because there was a CONSENSUS that we are better than being in the plantation for sugarcane and being flogged koboko

Look at Nigeria
Even during our fight for independence
There was no consensus (because of the stance of the north)
And that stupid way has stuck with us till today

No matter what you Nigsrdumb think you can do to save or develop Nigeria
The very fact that there is no consensus in Nigeria that we should get a developed society
It WILL fail

That's what you have to accept
So you dont get disappointed when you get back
Many Nigerians have come back with lofty dreams

And ran away when they saw the reality

I personally would like to have a developed country here
And do what I can
But unlike you
I'm well aware that the absence of a consensus renders all individual effort futile undecided

So what is the next option after being faced with the reality
It's to find your way out if you can and want to


That is self awareness
Understanding your situation for what it is, not what you think it is

Malcolm's X and MLK would have had a herculean task in the achievement of civil rights, if it's the typical Nigerians they had to lead out of Jim crow undecided
If you feel abroad is the best place for you, I don't remember discouraging you.


Nigeria is not good, Nigeria is bad, just spoke to a developer who has sold 10 houses in the last few months, currently building more .

It's those people that will change Nigeria, not your average middle class.

You're thinking comforts, others are thinking development.

Totally different mindset.
Re: Treasury Bills In Nigeria by Nobody: 4:16pm On Sep 28, 2020
XiaoLi:
Give details on the bolded please.
Maybe some day Africa or even Nigeria would become an emerging economic block or superpower. The ticking of the clock has never and would never stop. My opinion Sir - don't take my word for it.
Re: Treasury Bills In Nigeria by SOFTDRINK: 4:19pm On Sep 28, 2020
Rather than getting vexed that your fellow countrymen are pointing out the dearth of opportunities in the country for the young to thrive, prompting them to seek for greener pastures outside this shores, I'd suggest you channel your efforts in encouraging them to demand accountability and transparency from their representatives.

You can do this by advocacy, education and protests.


Telling them how they might be shot, deported and sunk in the ocean will never deter them cos they have seen worse from SARS, soldiers, multiple taxes, thieving politicians, Fulani herdsmen, bokoharam, militants, epileptic power supply, poor healthcare services, just to mention a few.


After 60years and we are still battling with water, road and light gives nobody any kind of joy.



Peace.
Re: Treasury Bills In Nigeria by DexterousOne(m): 4:19pm On Sep 28, 2020
Phylife:
Maybe some day Africa or even Nigeria would become an emerging economic block or superpower. The ticking of the clock has never and would never stop. My opinion Sir - don't take my word for it.
This could be the case for centuries to come sha

But Buhari/OBJ generation have to die first

Then maybe we might some headway
Re: Treasury Bills In Nigeria by ojesymsym:
This is one of the unproductive ventures that depletes our USD.

If you told these guys to do a crowdfunding to setup an agric processing plant, they will say Nigeria is a shithole, our leaders are that and this. But here they are contributing $20k to buy a watch for one of the participants in the just ended BBN.

Afrikaans, una weldone. It's your money and you are free to do as you wish, but as Ahib would say, later they would act surprised that there are no jobs.

https://www.nairaland.com/6147976/ozos-fans-buy-n8.9m-phillipe
Reactions as Ozo was gifted an Original Phillipe Patek Gold Watch worth N8.9 million by his fans.
Re: Treasury Bills In Nigeria by DexterousOne(m): 5:36pm On Sep 28, 2020
ojesymsym:
This is one of the unproductive ventures that depletes our USD.

If you told these guys to do a crowdfunding to setup an agric processing plant, they will say Nigeria is a shithole, our leaders are that and this. But here they are contributing $20k to buy a watch for one of the participants in the just ended BBN.

Afrikaans, una weldone. It's your money and you are free to do as you wish, but as Ahib would say, later they would act surprised that there are no jobs.

https://www.nairaland.com/6147976/ozos-fans-buy-n8.9m-phillipe
The only offence I see here is spending 8.9m on a wrist watch for him
When the same 8.9m could be used to finance Ozo business venture if he had any


Dozens of countries have a plethora of reality shows
Criticising BBN as a reality tv show does not show wisdom in my opinion
However
The misplaced priorities that occur all around the programme is what I regret to see.
Re: Treasury Bills In Nigeria by DexterousOne(m): 5:39pm On Sep 28, 2020
The sad thing is that we as a society
Even if we want to watch bbn and all sorts

Or support candidates and spend money on them

First things should come first
And the first base has to be covered FIRST.

That's my regret
Because if you expend ALL your energy on these stuff

What is left for more essential things?
Re: Treasury Bills In Nigeria by ojesymsym: 5:50pm On Sep 28, 2020
The exact line in what you quoted that criticized the show please?

DexterousOne:
The only offence I see here is spending 8.9m on a wrist watch for him
When the same 8.9m could be used to finance Ozo business venture if he had any


Dozens of countries have a plethora of reality shows
Criticising BBN as a reality tv show does not show wisdom in my opinion
However
The misplaced priorities that occur all around the programme is what I regret to see.
Re: Treasury Bills In Nigeria by DexterousOne(m): 5:52pm On Sep 28, 2020
ojesymsym:
The exact line in what you quoted that criticized the show please?
You did not


Your concern is valid
I made mention of that for a reason

Some Nigerians erroneously criticize the reality show itself
It's for those class of people I made that comment
Re: Treasury Bills In Nigeria by skydiver01: 8:57pm On Sep 28, 2020
I think your definition of development is misplaced. Personal enrichment from building and or selling houses will not change/develop Nigeria! Conversely, it is better leadership and the middle class and or masses that will change Nigeria (collective will and mentality change required). Building and selling houses is not the same as building and equipping schools and hospitals for the provision of free education and health care for all Nigerians. Not to mention other infrastructures like good roads and electricity. As far as I am concerned Nigeria has been a failed state for many years now. That does not mean there are no business opportunities in Nigeria. But there is CERTAINLY NO QUALITY OF LIFE IN A FAILED STATE LIKE NIGERIA without going to through the unnecessary headache of providing all that should already be available to have the quality of life that should be enjoyed by all.

For the record no amount of money can act an enabler to my having a false sense of quality of life in Nigeria which is non-existent. Please don't confuse quality of life with large houses, new cars, yachts, private jets etc etc when every where you look from these items is a eye sore, security challenges, bad roads, dirty lagoons etc etc not to mention being surrounded daily by many people who just want rip you off (VIO, Customs etc etc)

My best guess is that if Nigeria has failed to use the last 50 years to move forward, I have no confidence I will see a developed Nigeria in my lifetime. I am 50 years old btw.

Nigsrdumb:
If you feel abroad is the best place for you, I don't remember discouraging you.


Nigeria is not good, Nigeria is bad, just spoke to a developer who has sold 10 houses in the last few months, currently building more .

It's those people that will change Nigeria, not your average middle class.

You're thinking comforts, others are thinking development.

Totally different mindset.
Re: Treasury Bills In Nigeria by Nobody: 9:15pm On Sep 28, 2020
skydiver01:
I think your definition of development is misplaced. Personal enrichment from building and or selling houses will not change/develop Nigeria! Conversely, it is better leadership and the middle class and or masses that will change Nigeria (collective will and mentality change required). Building and selling houses is not the same as building and equipping schools and hospitals for the provision of free education and health care for all Nigerians. Not to mention other infrastructures like good roads and electricity. As far as I am concerned Nigeria has been a failed state for many years now. That does not mean there are no business opportunities in Nigeria. But there is CERTAINLY NO QUALITY OF LIFE IN A FAILED STATE LIKE NIGERIA without going to through the unnecessary headache of providing all that should already be available to have the quality of life that should be enjoyed by all.

For the record no amount of money can act an enabler to my having a false sense of quality of life in Nigeria which is non-existent. Please don't confuse quality of life with large houses, new cars, yachts, private jets etc etc when every where you look from these items is a eye sore, security challenges, bad roads, dirty lagoons etc etc not to mention being surrounded daily by many people who just want rip you off (VIO, Customs etc etc)

My best guess is that if Nigeria has failed to use the last 50 years to move forward, I have no confidence I will see a developed Nigeria in my lifetime. I am 50 years old btw.
You missed the point completely sir.

How is it possible that i wouldn't know what development is, I'm just saying if everyone sits on their bums and complain all day long, some others will still carve out profitable niches, which will also benefit development.

You don't just wake up to a developed country, it happens bit by bit with collective effort.

Yes collective consciousness is key, but i don't see it with the rhetoric here.

The consciousness isn't there and that's the problem.
Re: Treasury Bills In Nigeria by skydiver01: 9:22pm On Sep 28, 2020
Ok noted.

Nigsrdumb:
You missed the point completely sir.

How is it possible that i wouldn't know what development is, I'm just saying if everyone sits on their bums and complain all day long, some others will still carve out profitable niches, which will also benefit development.

You don't just wake up to a developed country, it happens bit by bit with collective effort.

Yes collective consciousness is key, but i don't see it with the rhetoric here.

The consciousness isn't there and that's the problem.
Re: Treasury Bills In Nigeria by DexterousOne(m): 10:22pm On Sep 28, 2020
skydiver01:
I think your definition of development is misplaced. Personal enrichment from building and or selling houses will not change/develop Nigeria! Conversely, it is better leadership and the middle class and or masses that will change Nigeria (collective will and mentality change required). Building and selling houses is not the same as building and equipping schools and hospitals for the provision of free education and health care for all Nigerians. Not to mention other infrastructures like good roads and electricity. As far as I am concerned Nigeria has been a failed state for many years now. That does not mean there are no business opportunities in Nigeria. But there is CERTAINLY NO QUALITY OF LIFE IN A FAILED STATE LIKE NIGERIA without going to through the unnecessary headache of providing all that should already be available to have the quality of life that should be enjoyed by all.

For the record no amount of money can act an enabler to my having a false sense of quality of life in Nigeria which is non-existent. Please don't confuse quality of life with large houses, new cars, yachts, private jets etc etc when every where you look from these items is a eye sore, security challenges, bad roads, dirty lagoons etc etc not to mention being surrounded daily by many people who just want rip you off (VIO, Customs etc etc)

My best guess is that if Nigeria has failed to use the last 50 years to move forward, I have no confidence I will see a developed Nigeria in my lifetime. I am 50 years old btw.
What you have said right here is in tangent with what I have been trying to say.

Without a collective consensus and agreement and common interest in development
Every individual effort is futile and useless


At best; you will be able to make millions for yourself
But the country will still remain shitty

That's the point sir.
Let's answer the question honestly
Do most Nigerians have that consensus and interest in "developing" the country

Without that synergy
Between classes of Nigerians
Both at home and overseas
The country will remain failed
Re: Treasury Bills In Nigeria by skydiver01: 10:27pm On Sep 28, 2020
Totally agree.

DexterousOne:
What you have said right here is in tangent with what I have been trying to say.

Without a collective consensus and agreement and common interest in development
Every individual effort is futile and useless


At best; you will be able to make millions for yourself
But the country will still remain shitty

That's the point sir.
Let's answer the question honestly
Do most Nigerians have that consensus and interest in "developing" the country

Without that synergy
Between classes of Nigerians
Both at home and overseas
The country will remain failed
Re: Treasury Bills In Nigeria by Raalsalghul: 10:39pm On Sep 28, 2020
SOFTDRINK:
Rather than getting vexed that your fellow countrymen are pointing out the dearth of opportunities in the country for the young to thrive, prompting them to seek for greener pastures outside this shores, I'd suggest you channel your efforts in encouraging them to demand accountability and transparency from their representatives.

You can do this by advocacy, education and protests.


Telling them how they might be shot, deported and sunk in the ocean will never deter them cos they have seen worse from SARS, soldiers, multiple taxes, thieving politicians, Fulani herdsmen, bokoharam, militants, epileptic power supply, poor healthcare services, just to mention a few.


After 60years and we are still battling with water, road and light gives nobody any kind of joy.



Peace.
This is a smart comment, just smart.
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