Treasury Bills In Nigeria - Investment (1637) - Nairaland
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| Re: Treasury Bills In Nigeria by ojesymsym: 12:12pm On Oct 31, 2020 |
Lo.... Humans are never that logical. Emotions always rule. Let's even leave the big stage and go down to the family level. Many families always at least that one member of the family who does not believe he has to do anything with strong entitlement mentality. Even when you train such a person, give him job, set up business for the person, when they fail in all of this and you decide to deny them any further help, you will find yourself been blackmailed by the society and other members of the family especially if you are doing well. You will start hearing things like, blood is thicker than water, you can never abandon your blood etc. You will have to be really strong not to give in. Cascade this to the larger society and you will understand the challenges. Without a proper mindset change, it is not going to be easy. TransAtlanticEx: |
| Re: Treasury Bills In Nigeria by topsquino(m): 12:14pm On Oct 31, 2020 |
TransAtlanticEx:You've truly mastered the art of propaganda |
| Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 12:18pm On Oct 31, 2020 |
ojesymsym:Some of us don't really care how people feel or what they say,so long as what we are doing is for the greater good. I don't like people that are valueless around me,you can be poor,no problem but not lack value. Taxi drivers have value,they are the reason most people are able to commute. Truck drivers stay up all night so that you can see bread in the morning,that's value. They are not rich,yes.But they offer value to this society and are part of the reason for the successes of the nation. Dangote will be nobody today without all those his drivers. But you see all these instagram children ehn,when I'm done dealing with them,body go tell them. |
| Re: Treasury Bills In Nigeria by ojesymsym: 12:25pm On Oct 31, 2020 |
You are right about people who have values and are hardworking. As for those who sit back and do nothing, I have nothing to say to them. The last guy (Desmond Eliot) to call people children has been crying and begging on TV o. I know say if na you, rather than cry you go even downgrade am to enfants. TransAtlanticEx: |
| Re: Treasury Bills In Nigeria by ultron12345: 12:32pm On Oct 31, 2020 |
ahiboilandgas:My opinion on this is that the only the government should be funding is basic education (primary and secondary schools only. Universities must be paid for, though a limited amount of scholarships should be available for extremely intelligent students to attend them. I rather have just 10 excellently trained engineers than 1000 useless dumb ones), healthcare (paid for through a special healthcare tax charged on all income) , defence/security and internal roads. Every other thing should be given off to the private sector, airports, airlines, interstate expressways, water supply, power supply, telecoms, should all be handled by the private sector. |
| Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 12:32pm On Oct 31, 2020 |
ojesymsym:I know desmond is not sorry for what he said,he is only crying for his political career he thinks he would lose. And I think he is not a very smart man but an emotional guy,else why would I need to cry to prove what for people that don't even vote? You think these people on social media are the voters? ![]() The voters are those poor people you see in somolu,bariga,coconut,koko,etc..who always don't have phones or use torchlight or if at all they can afford to buy a second hand chinese phone with broken screen,of course they can't buy data. So what do I stand to gain from these losers so much so that I'd come and cry for them? ![]() I will only please my godfathers so that when the time comes,they bring out the funds,buy the votes,I return the favour to my godfathers(power brokers) while those bastard children continue wailing on Instagram. It's that simple really. |
| Re: Treasury Bills In Nigeria by ojesymsym: 12:33pm On Oct 31, 2020 |
Most feasibility studies in Nigeria always return persimistic recommendations as a failsafe measure not to be told their feasibility study was poorly done. Vodafone would have been in the Nigerian market today but because their feasibility study told them.most Nigerians are poor and cannot afford the GSM they refused to invest. Today Mtn and co are reaping the benefits. Back to hospitals, I still think it is doable. Most hospitals do not have all those consultants on ground, rather they are scheduled on appointments, so the main cost will be on equipment and resident doctors. These hospitals can put a layer of payment between them and the patients by using insurance companies. I don't think anyone uses this model. Insurance companies take over payments of the patients while they in turn pursue those who need to be pursued. Lazyyouth4u: |
| Re: Treasury Bills In Nigeria by ojesymsym: 12:37pm On Oct 31, 2020 |
ASUU go fight you if they are this your recommendations ultron12345: |
| Re: Treasury Bills In Nigeria by Nobody: 12:38pm On Oct 31, 2020*. Modified: 11:24pm On Nov 01, 2020 |
ojesymsym:Meanwhile in sane climates. The middle class fight for the poor Most African males are despotic dictators in the making. Yes extreme capitalism and industrialisation is the way out, but some sector's have to be left with the government. Africans are just extremists, nothing like middle ground.
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| Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 12:39pm On Oct 31, 2020 |
ojesymsym:There would be no ASUU if this happens in the first place. You want go tell private owner say you want strike? ![]() That's the day you get fired ![]() |
| Re: Treasury Bills In Nigeria by Nobody: 12:44pm On Oct 31, 2020 |
TransAtlanticEx:Hates the masses Want's currency devaluation but doesn't understand there's a knowledge gap that needs to close to take advantage of capitalism and a devalued currency. Believes in capitalism but doesn't understand history and economics. Extremely short sighted without any tolerance for alternative views. Sincerely a dictator . |
| Re: Treasury Bills In Nigeria by Olaide1295: 12:53pm On Oct 31, 2020 |
TransAtlanticEx:Core capitalist. Pay soldiers 400k+ per month and they won’t go to war anymore. They’d rather stay at home and enjoy fat salary. Moderation and shared vision is important |
| Re: Treasury Bills In Nigeria by ultron12345: 12:53pm On Oct 31, 2020 |
ojesymsym:Which ASUU? ASUU that I will break up in the first week if I am president. How can employees be dictating to their employers? If they don't like their employers policies, then they can resign. Do they try this rubbish at private universities? Give a live broadcast Tell all ASUU members to report back to work the next Monday. Give all ASUU executives at the national, state, and university levels 48hrs to publicly resign from their ASUU positions and denounce the union. Tell them that those that fail to report back to work (without good reason) and executives that fail to resign will be sacked and sanctioned in the following ways. Passports seized or rendered invalid. Their bank accounts will be frozen. They will be forever blacklisted from working at any government owned institution in Nigeria, be it federal or state. Any state that goes against this and employs any blacklisted staff will be made to forfeit their monthly allocation. The blacklist will also extend to the private sector. Any private entity that employs them will be sanctioned. If you as a bank employment then, then get ready to say goodbye to all government accounts and funds in your bank. If you as a construction company or auditing firm hire them, get then say goodbye to government contracts. Not only will government business be taken away from such private firms, government business will also be taken away from other private firms that patronize these sanctioned private firms. The DSS can even get involved to make ASUU top executives start "disappearing" and getting "kidnapped by unknown gunmen" |
| Re: Treasury Bills In Nigeria by ojesymsym: 12:56pm On Oct 31, 2020 |
Chaiii... You even worse pass transatlantic. ultron12345: |
| Re: Treasury Bills In Nigeria by Nobody: 12:57pm On Oct 31, 2020 |
ultron12345:Trash |
| Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 12:59pm On Oct 31, 2020 |
Olaide1295:You think the military is boy scout abi wetin? Why do you think they live in barracks? These values will always be there irrespective of salary because it is a "chain of command" organisation where a soldier don't own himself ![]() Besides,there are consequences for revolt or disobeying order in the military,it is called mutiny and it has dare consequences. ![]() |
| Re: Treasury Bills In Nigeria by ahiboilandgas: 1:02pm On Oct 31, 2020 |
ultron12345:health care should be through a universal health insurance debited through our recharge cards example if i reachage 100 I will get 90 then 10 naira remited to the National insurance fund ..imagine that x 80m lines ....this funds will be use to provide certain health service and to open a heath development bank to fiance buiding and operation of Large hospitals at very low interest.... |
| Re: Treasury Bills In Nigeria by Nobody: 1:04pm On Oct 31, 2020 |
Africans over complicate issues, for any society to work, you must pay people from top to bottom. Simple Everything else will fall into place. You want to make the same returns as the capitalist west, then invest in human capital. |
| Re: Treasury Bills In Nigeria by ahiboilandgas: 1:06pm On Oct 31, 2020 |
Mtn Gross over 1 trillion Naira.....imagine if 10 percent of this sum is remited to National health insurance funds managed by the private sector held in the cbn .......enterprenures will now acess this sum at 2 percent to build Large hospital similar to one in India...economy of scale will bring down cost of operation...and client can now use their phone number and bnv to acess healthcare in several categories based on your contribution.......we have a heathly population..... |
| Re: Treasury Bills In Nigeria by ultron12345: 1:15pm On Oct 31, 2020 |
TransAtlanticEx:God bless you. All this is exactly what the DSS is supposed to be doing, and not these petty jobs politicians use to bring them down so low. Those protests should have been infiltrated right from the beginning. Undercover DSS agents could have done that job. If you try to make everyone happy, you won't get anywhere. That is one reason why China has developed so quickly, they do what needs to be done, they no dey look anybody face. Take Obasanjo and the telecoms industry for example. If he gave into the oshiomole-led labour union protests back then against privatizing NITEL, we would probably still be complaining about telecoms today the same way we complain of electricity. Democracy does not work. If you are flying in an airplane, how would you want the pilot to be selected? By experts in the aviation industry or by just any random set of people. Of course you'll pick the former over the latter. Why then do we all just any random set of people select who leads society. How can any random set of people select any random person to manage an economy worth hundreds of millions of dollars? Even a $1M revenue per year company won't be that reckless. It will last last lead to demagogury. Telling the masses what they want to hear. . We need to increase the requirements needed to vote in our elections. An illiterate cannot decide for society. If a doctor and a bar owner are competing elections for example. The bar owner will say "don't vote for the doctor. He gives bitter liquids to drink, painful injections, causes you suffering, tells you not to eat and drink whatever you want to eat and drink. Vote for me and we will have massive feasts everyday". How do you expect the doctor to reply to this "I did all those things in order to help you". Imagine the outrage such response would cause, even though he's actually right. They'll eventually Elect. the bar owner, and then all get sick and die. But if only sensible people were allowed to vote, they'll have seen through the sugar coated promises of the bar owner and gone for the doctor. Majority of the time, the masses so not know what is good for them. So therefore, those who know what is good must do it by force. That is how some foolish Nigerians were celebrating Buharis promise to make N1=$1. Sensible people would have known it wasn't sustainably possible, and even if it was, it won't actually be a good thing. But no, the masses were clapping and cheering. Anyone who tries to talk about the viability of such promise would be called enemy of progress. |
| Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 1:15pm On Oct 31, 2020 |
ahiboilandgas:This will not go round because some same people use mtn services repeatedly than others and account for over 80% of that turnover. That is some consume 500k worth of mtn services while others,especially abokis in the north consume 100 naira a month. How do you balance this scenario? You will still see that some will be able to access it while others can't ![]() Why not just say;pay your Bill's,if you perish you perish ![]() |
| Re: Treasury Bills In Nigeria by Nobody: 1:17pm On Oct 31, 2020 |
ahiboilandgas:Want to expand the economy, make credit cheap. There's no need for a private sector entity to be funding the health care, that should be funded by taxes. What if the business fails? Cheap credit , tax funds education and health, industries would create employment opportunities, but the government must ensure there are employable graduates. A simple circle of development. No complex solutions |
| Re: Treasury Bills In Nigeria by ojesymsym: 1:18pm On Oct 31, 2020 |
Why would you want to punish a company because they are making profit. This won't fly. The national insurance scheme has to be expanded in some way, but that will mean having a strong database ahiboilandgas: |
| Re: Treasury Bills In Nigeria by ojesymsym: 1:21pm On Oct 31, 2020 |
Hmmmm. Democracy is like popularity contest and not based on track record of having handled multi million naira not to talk of multi billion USD. Hmmmm ultron12345: |
| Re: Treasury Bills In Nigeria by iboboyswag(m): 1:21pm On Oct 31, 2020 |
ultron12345:God would bless you even more. I was speaking with someone recently and this was exactly what was on the table. Critically, the structure of elections for us as a country would cause us to continue on this path of mediocrity in leadership just because of some sentimental voting pattern of the majority of the people. Even the United States which is seen as the bedrock of modern democracy still have a failsafe mechanism to checkmate any charlatan aspiring to the highest office in the land... The Electoral College! |
| Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 1:22pm On Oct 31, 2020 |
ultron12345:Leave them to be talking trash. Democracy can never work as the masses are too daft here. They don't know what they want and how yo go about it. We need hard men to lead this country,all these rubbish institutions as NLC,ASUU,NUPENG and co can be ended or silenced. It's very easy. No one should be let to hold a nation to ransom,no one! They are still here that support the artificial valuation of the naira,like that coconut head up there hiding in Canada. I don't bother with them no more. |
| Re: Treasury Bills In Nigeria by maishai: 1:25pm On Oct 31, 2020 |
TransAtlanticEx:this sounds so much like Buhari in 2015 and Nigeria humbled him again on his second coming.................................... |
| Re: Treasury Bills In Nigeria by ahiboilandgas: 1:26pm On Oct 31, 2020 |
ojesymsym:am not punishing them they will act as a collecting points like Vat on behalf of Nigerians interested in health coverage.......meaning if u buy 100 r .card u get 90 naira airtime and your 10 naira remited to the National insurance fund...for ease of collection... |
| Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 1:29pm On Oct 31, 2020 |
Nigsrdumb:Cheap credit in a country that don't have enough fx revenues and an import dependent nation abi? Or you don't know MPC rate is a tool used to mop up liquidity so as to diminish demand for fx and curb inflation abi? Oshey financial expert... ![]() Dunce. Like the government will just stand on the mountain and say let there be cheap credit and it happens ![]() Not knowing if you do that,you won't even have enough dollars to meet the demand of the people that will take that cheap credit and want to exchange all that naira for fx. What a brilliant man ![]() |
| Re: Treasury Bills In Nigeria by ahiboilandgas: 1:31pm On Oct 31, 2020 |
Nigsrdumb:the funds is not from the company ....example if u buy 400 airtime u get 360 wort of call time and 40 naira goes to health funds .....like supermarket collect vats for govt so telcom collect Nhfunds dedication.... |
| Re: Treasury Bills In Nigeria by ultron12345: 1:31pm On Oct 31, 2020 |
ahiboilandgas:Is it MTN's duty to pay for your healthcare? MTN generates about 1.2 trillion annually. 10% of that is 120B. Airtel does about 450B. Assuming glo earns 1 trillion. Together, 10% is about 265B. Much less than the current health budget. Tax is okay. Set up a database for all Nigerians and tax them. 7% healthcare tax on all salaries to get something similar to UK's NHS. Assuming 80M economically active Nigerians earn 30K monthly ON AVERAGE (in reality, the figure is much higher). 7% tax on that would generate over 2 trillion Naira annually for just healthcare. In reality, that figure might go up to 4 trillion. |
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