ositadiima1:


Oga what is d meaning of Unamikot, are u one? I like how it sounds in my head when I say it in my mind sha.

Unam == One
Ikot == popular baby name in Akwa-Ibom

No, I guess you mean to add conglomerate but definitely not Dexter. I also at one stage thought it was an alter ego but subsequent events proved otherwise.
Their style of writing and experience is different.

Lazyyouth4u:


But your guy Trans aka logo aka Dexter can explain better. Na fellow lazy youth

ojesymsym:
No, I guess you mean to add conglomerate but definitely not Dexter. I also at one stage thought it was an alter ego but subsequent events proved otherwise.
Their style of writing and experience is different.

My Oga, believe me sir. All 5 or 6 monikers na the same person

ojesymsym:
No, I guess you mean to add conglomerate but definitely not Dexter. I also at one stage thought it was an alter ego but subsequent events proved otherwise.
Their style of writing and experience is different.

All 5 monikers are from the same person. The dude is quite intelligent, I give him that.

As per the knowledge displayed, you should know that almost any subject has been discussed on this nairaland alone, talkless of scanning the breath of google. It is all here littered in thousands of threads, if you know how to search, you can effectively access what ever info u want with varying degrees of depth.

I am not saying anyone is less informed o.

ositadiima1:


All 5 monikers are from the same person. The dude is quite intelligent, I give him that.

As per the knowledge displayed, you should know that almost any subject has been discussed on this nairaland alone, talkless of scanning the breath of google. It is all here littered in thousands of threads, if you know how to search, you can effectively access what ever info u want with varying degrees of depth.

I am not saying anyone is less informed o.

Dear all,
With the commencement of the Contributory Pension Scheme (CPS) in 2004, the troubles associated with the Defined Benefits scheme in existence before 2004, including civil servants retiring without receiving benefits for years were put to an end.

The confidence brought by the CPS made contributors nonchalant to the performance of their respective PFAs in the management of their funds which would ensure good return on investment and further guarantee a very comfortable retirement.

The webinar promises to show:

• Why contributors need to be concerned with investment returns on their Pension Assets and the difference it will make at retirement

• What contributors can do to ensure a comfortable retirement and financial planning

We assured you that we will continue to strive in providing you with highly competitive Return on Investment (ROI) on your Retirement Savings Account (RSA), responsive customer relationship and that much needed mutual trust.

The session promises to be educative, informative and a great value of your time.

Please see below details of the event:

Title: The Impact of Return on Investment on Delightful Retirement

Date: Monday, 7th December , 2020

Time: 12 noon

Venue: Zoom

Click here to register: https://investment-one.zoom.us/webinar/register/WN_RmQiEaEaSVqoP12WwnrFXA

We hope to have you on board. Please stay safe.

Dsticks47:
Dear all,
With the commencement of the Contributory Pension Scheme (CPS) in 2004, the troubles associated with the Defined Benefits scheme in existence before 2004, including civil servants retiring without receiving benefits for years were put to an end.

The confidence brought by the CPS made contributors nonchalant to the performance of their respective PFAs in the management of their funds which would ensure good return on investment and further guarantee a very comfortable retirement.

The webinar promises to show:

• Why contributors need to be concerned with investment returns on their Pension Assets and the difference it will make at retirement

• What contributors can do to ensure a comfortable retirement and financial planning

We assured you that we will continue to strive in providing you with highly competitive Return on Investment (ROI) on your Retirement Savings Account (RSA), responsive customer relationship and that much needed mutual trust.

The session promises to be educative, informative and a great value of your time.

Please see below details of the event:

Title: The Impact of Return on Investment on Delightful Retirement

Date: Monday, 7th December , 2020

Time: 12 noon

Venue: Zoom

Click here to register: https://investment-one.zoom.us/webinar/register/WN_RmQiEaEaSVqoP12WwnrFXA

We hope to have you on board. Please stay safe.

Nice one! My Oga abeg what rates are you guys now guaranteeing on your fixed income fund?

Lazyyouth4u:

Nice one! My Oga abeg what rates are you guys now guaranteeing on your fixed income fund?

VGIF STILL REMAINS 7.5%
Zsave 4%
ZPLAN (6-10%)

Kindly find attached image for other Fixed Income Rate.

Lazyyouth4u:

Oga, remember when you came at me with this because I said the pounds Sterling was the currency to bet on and you said it was at its highest point and USD at its lowest. Go and look at the pound Sterling and the USD again. Don’t you feel foolish now?

I didn’t come at you... I only offered you the basics of investment. And I did it tactfully, free of juvenile abuses. The only person who should feel “foolish” is your unruly and irrational self.

1. You’re coming at me to “prove a point” that doesn’t exist just 3 months after my comment (even though I didn’t even bother to argue with you in the first place, cos I knew you were not worth it). Is that how short sighted you are about investments and speculations?

2. I made that comment on 5 September. GBP to USD was 1.33 at the time. Guess what happened the very next day? GBP actually crashed! It stayed low for MONTHS before this recent high again at 1.34. Is 0.01 the gain you’re so desperately eager to feel “right” about? Most especially in comparison to people who sold at 1.33 and bought low again when it crashed (and would probably sell again at this high like any rational trader anywhere)?

I have a word of advice for you. Get rid of the clutter of abuses in your brain and fill it up with actual knowledge and intelligence. Next time you want to try to come for me, come correct. Get yourself a brain, and don’t call me names.

Dsticks47:

VGIF STILL REMAINS 7.5%
Zsave 4%
ZPLAN (6-10%)

Kindly find attached image for other Fixed Income Rate.

Thank you sir. If you don’t mind me asking, what’s the difference in these products?

Everything that has to do with pension in Nigeria is like a scam. With this Maina's case of embezzling pensioneers money was the height.

So many things that could just go wrong before your retirement in Nigeria. Devaluation, bad monetary policies, corruption, insecurity, disintegration, etc.

I really feel for middle class or civil servants who might not have lots of options on how best to plan their retirements. Pension funds is supposed to be the most regulated in every sane country.

Dsticks47:
Dear all,
With the commencement of the Contributory Pension Scheme (CPS) in 2004, the troubles associated with the Defined Benefits scheme in existence before 2004, including civil servants retiring without receiving benefits for years were put to an end.

The confidence brought by the CPS made contributors nonchalant to the performance of their respective PFAs in the management of their funds which would ensure good return on investment and further guarantee a very comfortable retirement.

The webinar promises to show:

• Why contributors need to be concerned with investment returns on their Pension Assets and the difference it will make at retirement

• What contributors can do to ensure a comfortable retirement and financial planning

We assured you that we will continue to strive in providing you with highly competitive Return on Investment (ROI) on your Retirement Savings Account (RSA), responsive customer relationship and that much needed mutual trust.

The session promises to be educative, informative and a great value of your time.

Please see below details of the event:

Title: The Impact of Return on Investment on Delightful Retirement

Date: Monday, 7th December , 2020

Time: 12 noon

Venue: Zoom

Click here to register: https://investment-one.zoom.us/webinar/register/WN_RmQiEaEaSVqoP12WwnrFXA

We hope to have you on board. Please stay safe.

SamReinvented:


I didn’t come at you... I only offered you the basics of investment. And I did it tactfully, free of juvenile abuses. The only person who should feel “foolish” is your unruly and irrational self.

1. You’re coming at me to “prove a point” that doesn’t exist just 3 months after my comment (even though I didn’t even bother to argue with you in the first place, cos I knew you were not worth it). Is that how short sighted you are about investments and speculations?

2. I made that comment on 5 September. GBP to USD was 1.33 at the time. Guess what happened the very next day? GBP actually crashed! It stayed low for MONTHS before this recent high again at 1.34. Is 0.01 the gain you’re so desperately eager to feel “right” about? Most especially in comparison to people who sold at 1.33 and bought low again when it crashed (and would probably sell again at this high like any rational trader anywhere)?

I have a word of advice for you. Get rid of the clutter of abuses in your brain and fill it up with actual knowledge and intelligence. Next time you want to try to come for me, come correct. Get yourself a brain, and don’t call me names.

Oga, you said it was the peak. And I’m telling you It was not the peak!

I said expect gains when UK reaches a deal with the EU. And we are seeing those gains right now as we approach a deal. Smart people don’t take short term positions on a currency like the GBP with all the volatility around it during the negotiations with the EU.

Mark this sir. GBP will touch 1.40 to 1.45 next year. Smart people took a position at 1.200 and are just waiting to cash out .

By the way, I thought it was sub 1.3 when we had that exchange

Lazyyouth4u:


Thank you sir. If you don’t mind me asking, what’s the difference in these products?

VGIF is under the Mutual Funds category,
Zplan and Zsave is unique to our ziing mobile app,
The HYN and MTN is under our FI category.
Note since the investment options above guarantees both the capital and ROI it still falls under FI category.

The major different is the minimum fund.

Dsticks47:

VGIF is under the Mutual Funds category,
Zplan and Zsave is unique to our ziing mobile app,
The HYN and MTN is under our FI category.
Note since the investment options above guarantees both the capital and ROI it still falls under FI category.

The major different is the minimum fund.

Thank you!

Lazyyouth4u:

Thank you!

You are welcome sir.

Donbrig:
Everything that has to do with pension in Nigeria is like a scam. With this Maina's case of embezzling pensioneers money was the height.

So many things that could just go wrong before your retirement in Nigeria. Devaluation, bad monetary policies, corruption, insecurity, disintegration, etc.

I really feel for middle class or civil servants who might not have lots of options on how best to plan their retirements. Pension funds is supposed to be the most regulated in every sane country.

Boss, to be fair, some of them are doing a good job with the investments. The pension funds do not make the regulations. They only invest the employer and employee contributions for us. And they have smart people like Oga Emmanuel working with them and investing in the right instruments.

Without them, many Nigerians (especially the lazy youths) would not have any retirement savings. Maina and his cronies can not take your money that the pension funds are investing for you.

If you pick the right one, you can be sure of having a decent amount of money when you retire. You may also have to make voluntary contributions that you don’t touch and have other personal investments sha and I guarantee that you won’t be like some of the old retired people in our families that are so broke and begging to survive.

Btw, we have mandatory retirement savings/contributions in most if not every country in the world.

Freciprocal:
Lazyyouth4u is actually correct. There must be communication and feedback between mentor and mentee. Both must know each other.

I think you are confusing mentor/mentee with role model.

Supported, there are couple of applications already developed for mentor mentee programs/session.
There has to be an engagement, meetings and agenda set and agreed by both parties. Regular reviews of assigned task etc.
Mere watching random videos or following someone on Facebook can't be classified as mentorship. At best we can say role model.

I am also not happy with derogatory statements made against the teaching profession (tagging nursery and primary school teachers as a failure is a careless statement that shouldn't be made in public).
Everyone cannot work in an oil company,

Bakosokoto:

Supported, there are couple of applications already developed for mentor mentee programs/session.
There has to be an engagement, meetings and agenda set and agreed by both parties. Regular reviews of assigned task etc.
Mere watching random videos or following someone on Facebook can't be classified as mentorship. At best we can say role model.

I am also not happy with derogatory statements made against the teaching profession (tagging nursery and primary school teachers as a failure is a careless statement that shouldn't be made in public).
Everyone cannot work in an oil company,

True words... I agree with you

Rayray aka ponzi man,I dey your town ooo(Eket).Enroute
Jamestown.
See una man town here as e be like afghanistan

When will you ever allow sleeping dogs to lie in peace?

Its like you earn dividends causing trouble on nairaland.

TransAtlanticEx:
Rayray aka ponzi man,I dey your town ooo(Eket).Enroute
Jamestown.
See una man town here as e be like afghanistan

TransAtlanticEx:
Rayray aka ponzi man,I dey your town ooo(Eket).Enroute
Jamestown.
See una man town here as e be like afghanistan

The second picture is bank road.

I was in Eket in December 2018. Had small fun at the Ibeno beach.

TransAtlanticEx:
Rayray aka ponzi man,I dey your town ooo(Eket).Enroute
Jamestown.
See una man town here as e be like afghanistan

That is how you roam around looking for attention you were denied at home. Your bad character is like excrement, hanging over your head and repulsive to everyone around you. Everyone pushes you away everywhere you turn. I can't understand the enormity of the emotional deprivation you suffered that makes you desperately crave attention, howbeit futile.

I pray and hope so, just that it is heartbreaking to see these retirees living in abject poverty after serving Nigeria for over 30ryrs. Many had retired before realising that all the money they were paying into their retirement accounts had entered voice mail. The situation of many of our pensioneers are the most pathetic in Nigeria. They have paid their dues already, unlike many of our youths who are yet to even add anything tangible to national growth.

Now that our governors are bent in borrowing more from pension funds, we really have to tighten all loopholes and secure those funds and give our ageing and retired parents a relaxed and comfortable retirement and life before they join our ancestors.

Lazyyouth4u:

Boss, to be fair, some of them are doing a good job with the investments. The pension funds do not make the regulations. They only invest the employer and employee contributions for us. And they have smart people like Oga Emmanuel working with them and investing in the right instruments.

Without them, many Nigerians (especially the lazy youths) would not have any retirement savings. Maina and his cronies can not take your money that the pension funds are investing for you.

If you pick the right one, you can be sure of having a decent amount of money when you retire. You may also have to make voluntary contributions that you don’t touch and have other personal investments sha and I guarantee that you won’t be like some of the old retired people in our families that are so broke and begging to survive.

Btw, we have mandatory retirement savings/contributions in most if not every country in the world.

The funds they are talking about, is it the ones housed by Stanbic and other pension houses or the pension for government workers?

What I think, everyone should also have a retirement plan outside of their workplace.

Donbrig:
I pray and hope so, just that it is heartbreaking to see these retirees living in abject poverty after serving Nigeria for over 30ryrs. Many had retired before realising that all the money they were paying into their retirement accounts had entered voice mail. The situation of many of our pensioneers are the most pathetic in Nigeria. They have paid their dues already, unlike many of our youths who are yet to even add anything tangible to national growth.

Now that our governors are bent in borrowing more from pension funds, we really have to tighten all loopholes and secure those funds and give our ageing and retired parents a relaxed and comfortable retirement and life before they join our ancestors.

Grupo:


The second picture is bank road.

I was in Eket in December 2018. Had small fun at the Ibeno beach.

Ibeno is cool,was there last year december with some friends,will go there too this year end as well.
But the poverty in this state is alarming,like the people are so use to poverty that ordinary things is so much luxury to them and labour is highly over exploited and underpaid here.
I just have nothing but pity for her indegene,maybe na why rayray like the place

Donbrig:
I pray and hope so, just that it is heartbreaking to see these retirees living in abject poverty after serving Nigeria for over 30ryrs. Many had retired before realising that all the money they were paying into their retirement accounts had entered voice mail. The situation of many of our pensioneers are the most pathetic in Nigeria. They have paid their dues already, unlike many of our youths who are yet to even add anything tangible to national growth.

Now that our governors are bent in borrowing more from pension funds, we really have to tighten all loopholes and secure those funds and give our ageing and retired parents a relaxed and comfortable retirement and life before they join our ancestors.

I understand. The difference though is that civil servants were entitled to pensions (called defined benefit pension plans) where you get a certain amount of money after working for some years. It was the government’s responsibility to just pay the pensioners from their account. Unfortunately, corrupt people like Maina and his goons chopped the money plus our government is too broke (and corrupt) to even make up. That’s why Babas no dey see pension collect.

But under the new plan (defined contribution), money is taken from salaries (and employer contributions) and given to investment houses and pension funds chosen by staff. And these pension funds invest the money on our behalf until retirement. Similar to the 401k in Yankee and other plans in developed countries.

It is our responsibility to choose what pension funds we want to invest our money for us so we need to be careful with this choice. I can list a couple that are doing well but I no want anyone to come insult me again so I will pass. Mind you, it is the same guys that handle our mutual funds that handle these investments so they actually know what they are doing.

Trust me sir, this lazy youth generation of workers will not suffer the fate of those old babas wey dey queue and die waiting to collect pension. Especially if they are maxing out on voluntary contributions and also making other retirement investments (buying house, Tbills, bonds and as Oga Emmanuel says holding stocks long term).

Ps: I don’t know if the government workers will still be receiving pensions but i know they are making contributions to the pension funds.

Exactly, everyone should have a plan B with their retirement funds. I really don't know the pension funds our governors wants to borrow from.. maybe our experts in the house can enlighten us on that.

Having said that, one of our biggest problem in Nigeria is having several parastatals or commission for just one ministry. We are supposed to have just one pension fund that will be thoroughly regulated.

A friend who worked with a certain govt parastatals once told me that it is very difficult not to be a thief or steal money if you are in some positions in Nigeria, because there are so many middle men or units in every ministry that shouldn't even be existing in the first place.

ojesymsym:
The funds they are talking about, is it the ones housed by Stanbic and other pension houses or the pension for government workers?

What I think, everyone should also have a retirement plan outside of their workplace.

The gas seller just bought a benz c300 2007 model Najia used .....i normally visit my friend car slots for years to socialize ,then yesterday he Gas seller waved and pass then return to greet us then I notice it was my friend former Car that he drove roughly but has been refurbished then u asked him if the guy has stop seller Gas now a mechanic ....he said no the guy bought the car from him and refurbished it for use or resale (can t say )....the boy was an apprentice in 2008 and started hustling with few cylinder in a tiny shop ...so I was suprised then my friend told me the guy has expanded and have 5 other shop and a mini bus to deliver gas and procure from bulk dealer ....and he has lot of clients within the residential area and hotels.and very reliable the use his minivan to deliver and has a bike too......so I did a random analysis of 12.5kg at depot is 3200 plus cost of sale 200 sold for 4000k profits 600 naira per cylinder...how many cylinders can be sold per shop per day x5 shops .....let me say 3 x600=1800x 5 =9000 daily ..that he earn about 250k monthky....he also whole sale to smaller vendors .....this is the spirit ....entrepreneuship .... he got the benz at a discounts due to Good behaviour....i hope he bought to upgrade and resell ...cos benz part are costly .........and am not sure the income from gas sale can maintain the car as more people enter the business profit will nose dive ......there is need to change the university system in Nigeria ....training over 300,000 people annually that can really generate money

We need to start from primary school sef..
But gas na 3k7 not 4k o plus lot of competition in most places but I think each stand can do more than 3 in a day though

ahiboilandgas:
there is need to change the university system in Nigeria ....training over 300,000 people annually that can really generate money

ojesymsym:
We need to start from primary school sef..
But gas na 3k7 not 4k o plus lot of competition in most places but I think each stand can do more than 3 in a day though

he supply for 4k ....home delivery....

TransAtlanticEx:
Rayray aka ponzi man,I dey your town ooo(Eket).Enroute
Jamestown.
See una man town here as e be like afghanistan

You are welcome, you for try show us your town for comparison. So you came to transact biz with poor men, I wonder how much you want milk them. U can only see around your cycle. Widen your space to include men of armour, james town? Heritage polytechnic ba, see wetin facebook girl don cause you. Instead of using my money to chase polytechnic girls, I better continue the ponzi. For your information, Eket is under construction, bring more pix if you can but show us your town for comparison.

Unfortunately I am not in town, very busy in the atlantic, of the babe keeps you till Christmas then we go see, coming for Christmas. Have fun but use a condom before you kpeme leave your 2 kobo investment

RayRay06677:


You are welcome, you for try show us your town for comparison. So you came to transact biz with poor men, I wonder how much you want milk them. U can only see around your cycle. Widen your space to include men of armour, james town? Heritage polytechnic ba, see wetin facebook girl don cause you. Instead of using my money to chase polytechnic girls, I better continue the ponzi. For your information, Eket is under construction, bring more pix if you can but show us your town for comparison.

Unfortunately I am not in town, very busy in the atlantic, of the babe keeps you till Christmas then we go see, coming for Christmas. Have fun but use a condom before you kpeme leave your 2 kobo investment

Ha bros,me I too like woman but na PH girls I dey like to chop,especially those ones weh still be fresher for uni.
Na them sweet pass..
Btw,me sef na Atlantic boy,na there be our workshop.
Which division you dey?Agbami offshore abi?