₦airaland Forum

ultron12345:
My brother, Nigerians are the most fraudulent and wicked set of people. It's puzzles me how a people can be so religious yet so wicked.

I remember when a friend started poultry business. He was a busy person with a job so he hired a manager to run the farm. The egg production was always so low, which led to low revenue and he was unable to recover costs. He was busy complaining about how the economy is bad and how it's government fault that he's not making profits, not knowing his staff were the ones behind it.

He however noticed that on the few days he's around at the farm, the egg production will be x3 of the production when he's not around. After investigations we're carried out, it was found out that the staff were stealing the eggs and smuggling them out to go and sell for themselves. They'll come with cooler of their lunch in the morning, as their leaving in the evening, the cooler will be filled with eggs.

After finding this out, sacked some people and made new policies, all containers and items brought by staff should be kept at the entrance and not allowed into the farm area. The staff then started a new strategy. They would break the eggs and pour them into plastic bottles, throw those bottles over the fence, gather the bottles when they leave that evening and sell to bakers. The security men were even still allowing then to take in their coolers and other containers as long as they get their share of the looted.

He also had a policy that when any chicken dies, he will give it away to the staff. Before he knew it, mortality rates started increasing. On investigation, it was revealed that the staff were intentionally killing the birds so they can be allowed to take them home.

Nigerians are the problem of Nigeria.
The only reason many Nigerians haven't stolen government money is lack of opportunity. The thief who hasn't gotten an opportunity to steal thinks he is an honest man. These thieving staff will still be among those shouting government is corrupt when they're not any different. Every people deserve their leaders. Nigerians have bad leaders because Nigerians are bad people. A bad people cannot give rise to good leaders.

He eventually shut down the business as it was becoming too difficult to deal with these staff. That was how they fraudulent attitude of Nigerians kill businesses that are supposed to create jobs. And after, the thrives will be blaming government for lack of jobs.

try and visit Apapa port and see corruption walking up and down live ....more a gangster Nation...police working in collaboration with thugs to milk hauler ......Apapa to kano ....2m naira 40 ft container.....this unreal cost is transfered to the customers including the police men and touts responsible for it....

Lazyyouth4u:
Just thought I would answer this strange question . Here you go:

Multichoice, Standard Bank, Standard Chartered Bank, Indorama, Dufil Group (Indomie), Julius Berger, Mikano (generator guys), Nestle, Unilever, Cadbury, PZ, P&G, GSK, Lafarge, PWC, KPMG, Coca Cola, 7up/Pepsi, Guinness, Maersk, Stallion Group, Shoprite, etc. Even the international airline companies can’t be left out.

These are just a few I can remember now. Did you think they were Nigerian companies?

How can you not mention MTN and Airtel when you talk about companies raking in billions from Nigeria? Yes they are in most African countries but Nigeria is their largest market. By far.

Without Nigeria, MTN and Econet (the original company granted Airtel’s license) would have still been small Zimbabwean companies. The Nigerian government gave them the opportunity to become billion dollar companies when they granted them licenses. DRC is a large market with a huge population but they can’t make money there. It is a very poor country.

What if I told you that the DRC based on your definition of rich is the richest country in Africa
They have so much resources that Nigeria can only dream of..
And the multinational companies there are making a killing (Coltan, one of the resources is in very high demand, and it's just DRC (and maybe Australia) that you cam get it in sufficient quantity)


But just like Nigeria
They have deep structural issues that EXCLUDE SO MANY from access to the goodies of their country

And to make matters worse , because of the so many riches in that land, that country is engulfed in perpetual conflict, with overlords everywhere that are very rich
Militants in nigeria do not even come close to those kingpins there

You can use any other African country as an example
Not DRC.
They are very much resource rich like Nigeria
And just like Nigeria
The multinationals there are making a killing (like billions of dollars)
And most of the population is excluded from the goodies , just like Nigeria

I'm not so sure, but I think Dangote operates in the DRC too

ahiboilandgas:
try and visit Apapa port and see corruption walking up and down live ....more a gangster Nation...police working in collaboration with thugs to milk hauler ......Apapa to kano ....2m naira 40 ft container.....this unreal cost is transfered to the customers including the police men and touts responsible for it....

So terrible

maishai:
My brother we Africans should find a way of appraising the grain grinders in our midst, In every organization I have been to and worked this attitude is rampant, when one looks into Europe and the developed world, they are littered with all sorts of award and recognition that all manner of workers aspire to other than money,

I'm not condoning theft and pilfering in any form but when workers aspire only for the monthly pay or money only, I want to believe this kind of thing results

If one checks out many factories and production facilities in the country, we see capacity utilization of less than 35% meanwhile same facility in Europe gives more than 85% capacity utilization, it's not really so much about the knowledge gap but that the developed world rewards individuals for productivity as opposed to in Africa where colleagues look down on those that are hard working as fools

I've never really thought about this from this angle.
This is a very good idea

Nigerians just like stealing as if it is in their DNA. I know for a fact that Shell and many IOC having various reward system in place plus they are well paid, yet any small loop hole to steal many do not hesitate.

maishai:
My brother we Africans should find a way of appraising the grain grinders in our midst, In every organization I have been to and worked this attitude is rampant, when one looks into Europe and the developed world, they are littered with all sorts of award and recognition that all manner of workers aspire to other than money,

I'm not condoning theft and pilfering in any form but when workers aspire only for the monthly pay or money only, I want to believe this kind of thing results

If one checks out many factories and production facilities in the country, we see capacity utilization of less than 35% meanwhile same facility in Europe gives more than 85% capacity utilization, it's not really so much about the knowledge gap but that the developed world rewards individuals for productivity as opposed to in Africa where colleagues look down on those that are hard working as fools

maishai:
My brother we Africans should find a way of appraising the grain grinders in our midst, In every organization I have been to and worked this attitude is rampant, when one looks into Europe and the developed world, they are littered with all sorts of award and recognition that all manner of workers aspire to other than money,

I'm not condoning theft and pilfering in any form but when workers aspire only for the monthly pay or money only, I want to believe this kind of thing results

If one checks out many factories and production facilities in the country, we see capacity utilization of less than 35% meanwhile same facility in Europe gives more than 85% capacity utilization, it's not really so much about the knowledge gap but that the developed world rewards individuals for productivity as opposed to in Africa where colleagues look down on those that are hard working as fools

There is an example of somebody given here that earns N4m/month and still steals from the company. Is N4m i.e. N48m not enough for the person to live a comfortable life?.

DexterousOne:
What if I told you that the DRC based on your definition of rich is the richest country in Africa
They have so much resources that Nigeria can only dream of..
And the multinational companies there are making a killing (Coltan, one of the resources is in very high demand, and it's just DRC (and maybe Australia) that you cam get it in sufficient quantity)


But just like Nigeria
They have deep structural issues that EXCLUDE SO MANY from access to the goodies of their country

And to make matters worse , because of the so many riches in that land, that country is engulfed in perpetual conflict, with overlords everywhere that are very rich
Militants in nigeria do not even come close to those kingpins there

You can use any other African country as an example
Not DRC.
They are very much resource rich like Nigeria
And just like Nigeria
The multinationals there are making a killing (like billions of dollars)
And most of the population is excluded from the goodies , just like Nigeria

I'm not so sure, but I think Dangote operates in the DRC too

Go and read my comments again and show me where I defined a wealthy country by its resources. I never did. I have been using GDP, total assets, business activities in the formal and informal sector.

How can you compare DRC to Nigeria in terms of wealth? Have you ever been to DRC? A country with a GDP of USD40 bn? If you add up all the money the mining companies are making from that country, it is just a fraction of what the oil majors are making in Nigeria.

What do you know about the informal sector in the DRC? I used that example for a reason. Trust me, there is no country in Africa that you will find the kind of business activities taking place in Nigeria. Take that to the bank any day.

As I have said, it is my opinion that Nigeria is a wealthy country based on its large GDP (formal and informal), the total assets and wealth being created and the volume of business activities taking place in the country. And I respect that other people think GDP per capita is a better way of measuring wealth. At the end of the day, we are all entitled to our opinions.

Using GDP per capita, countries like India, Nigeria, Egypt and Morocco will be considered very poor. But using GDP and total assets and value created in these economies, I won’t call them poor nations.

Lazyyouth4u:
Go and read my comments again and show me where I defined a wealthy country by its resources. I never did. I have been using GDP, total assets, business activities in the formal and informal sector.

How can you compare DRC to Nigeria in terms of wealth? Have you ever been to DRC? A country with a GDP of USD40 bn? If you add up all the money the mining companies are making from that country, it is just a fraction of what the oil majors are making in Nigeria.

What do you know about the informal sector in the DRC? I used that example for a reason. Trust me, there is no country in Africa where you will find the kind of business activities taking place in Nigeria. Take that to the bank any day.

As I have said, it is my opinion that Nigeria is a wealthy country based on its large GDP (formal and informal), the total assets and wealth being created and the volume of business activities taking place in the country. And I respect that other people think GDP per capita is a better way of measuring wealth. At the end of the day, we are all entitled to our opinions.

Nigeria has more economic activities than DRC
That's undeniable
And like you have correctly said
Businesses have been able to spin off something wonderful from Nigeria (MTN *coughs coughs*)
BUT those guys are resource rich

DRC resources are practically stolen
The overlords and the multinational collaborators are ruining that country
Nigeria cannot get to DRC level of exploitation though
Imagine a Coltan exporting country
Not to talk of the other resources o

That's why I get worried with the growing power of bandits and militants in the country
It looks like how it started in DRC....

On a final note
Nigeria has POTENTIAL
Only if we can harness it

NL1960:
There is an example of somebody given here that earns N4m/month and still steals from the company. Is N4m i.e. N48m not enough for the person to live a comfortable life?.

N48m is not enough to buy a house on Banana Island, send all your children abroad for secondary and university studies, fly first class and business class with your family members on vacations, maintain all the numerous money grabbing side chicks and oloshos, buy the latest Benz and Range Rover cars, care for illegitimate children, etc.

You need much more than 4m per month to be a big boy in Naija and that’s why they are still greedy for more and more money. By hook or by crook

Apart from the Banana Island, 48 million naira PA can do all the others you listed if you continue to work in such a place. The only time it seems not to be enough is when you assume the man will not keep working at that place after one year.

4m a month puts you in bigger boy status. Statements like needing more than 4m to be a big boy is one of the things that drives greed and leads to a lot more stealing in Nigeria.

Lazyyouth4u:


N48m is not enough to buy a house on Banana Island, send all your children abroad for secondary and university studies, fly first class and business class with your family members on vacations, maintain all the numerous money grabbing side chicks and oloshos, buy the latest Benz and Range Rover cars, care for illegitimate children, etc.

You need much more than 4m per month to be a big boy in Naija and that’s why they are still greedy for more and more money. By hook or by crook

Lazyyouth4u:
N48m is not enough to buy a house on Banana Island, send all your children abroad for secondary and university studies, fly first class and business class with your family members on vacations, maintain all the numerous money grabbing side chicks and oloshos, buy the latest Benz and Range Rover cars, care for illegitimate children, etc.

You need much more than 4m per month to be a big boy in Naija and that’s why they are still greedy for more and more money. By hook or by crook

On the bolded, the person can take some tutorials from @TransAtlanticEx. He seems to have a lot of experience on how not to spend much on them.

Myhelper1:
https://www.aljazeera.com/features/2020/12/10/wealthy-nigerians-buying-citizenship-overseas

I discussed this in this group sometime back. I think it was with dexterous abi someone like that. I was planning to get citizenship from one of the Caribbean islands until the plans got delayed by the increasing exchange rate. Like me, most of the people going for this are not doing it to relocate but for ease of travel, not having to queue here and there for visas. With such passport, one can just wake up one morning and decide to go the UK, Singapore or anywhere, all you need is to get a plane ticket. Plus, you avoid all that extra interrogation and suspicion you get at foreign airports when you hold a Nigerian passport.

ojesymsym:
Apart from the Banana Island, 48PA can do all the others you listed if you continue to work in such a place. The only time it seems not to be enough is when you assume the man will not keep working at that place after one year.

4m a month puts you in bigger boy status. Statements like needing more than 4m to be a big boy is one of the things that drives greed and leads to a lot more stealing in Nigeria.

Agreed.
And with that amount you can afford to send your children to school abroad with good planning, assuming 3 children spaced 2-3 years apart and average (say UK) undergraduate fees + maintenance of GBP20k annually.

ultron12345:
I discussed this in this group sometime back. I think it was with dexterous abi someone like that. I was planning to get citizenship from one of the Caribbean islands until the plans got delayed by the increasing exchange rate. Like me, most of the people going for this are not doing it to relocate but for ease of travel, not having to queue here and there for visas. With such passport, one can just wake up one morning and decide to go the UK, Singapore or anywhere, all you need is to get a plane ticket. Plus, you avoid all that extra interrogation and suspicion you get at foreign airports when you hold a Nigerian passport.

This.

NL1960:
On the bolded, the person can take some tutorials from @TransAtlanticEx. He seems to have a lot of experience on how not to spend much on them.

lol e be like say you know,me and my smallie sef dey quarrel
I give am funds,I ask am for phuck and she come dey play me,so I ask for a refund straight up.
No be say 50k too much,but we don't sow where we won't reap
Nothing dey pain these side chicks pass when them feel say them don scam you and you ask for a refund,and they know how deadly you can be so they can't try nonsense
If you be guyman here,you've gotta learn how to be half gentleman,half ghetto when it comes to dealing with sidechicks

ultron12345:
I discussed this in this group sometime back. I think it was with dexterous abi someone like that. I was planning to get citizenship from one of the Caribbean islands until the plans got delayed by the increasing exchange rate. Like me, most of the people going for this are not doing it to relocate but for ease of travel, not having to queue here and there for visas. With such passport, one can just wake up one morning and decide to go the UK, Singapore or anywhere, all you need is to get a plane ticket. Plus, you avoid all that extra interrogation and suspicion you get at foreign airports when you hold a Nigerian passport.

Cheapest for that citizenship thingy is around USD300k and it is for Caribbean countries. Note that the western world is waking up to these schemes and will begin rejecting automatic entry for holders of those Caribbean passports very soon. Yahoo boys, drug boys, corrupt politicians and other criminals are the guys rushing these passports.

The real deal is when you do the US, UK or other European country schemes and these cost millions of dollars.

In my opinion, anyone that is not super wealthy has no business with these schemes. Even using the cheapest at 300k, if you do not have a net worth of say USD3m, you have no business ‘purchasing’ a passport for over USD300k by making ‘useless’ investments in those countries. And with that net worth, getting a visa will never be an issue. You don’t even need to queue at embassies with that net worth. Your visa is fast tracked.

For the average Nigerian, whats the big deal in the extra scrutiny and interrogation at the airport if your hands are clean? It’s a cross that we have to carry as Nigerians and must accept. Some of us don’t mind. And it’s not every Nigerian that is interrogated at airports.

Ps: I understand the rationale behind getting these passports to relocate sha. Makes a lot more sense...

Lazyyouth4u:
Cheapest for that citizenship thingy is around USD300k and it is for Caribbean countries. Note that the western world is waking up to these schemes and will begin rejecting automatic entry for holders of those Caribbean passports very soon. Yahoo boys, drug boys, corrupt politicians and other criminals are the guys rushing these passports.

The real deal is when you do the US, UK or other European country schemes and these cost millions of dollars.

In my opinion, anyone that is not super wealthy has no business with these schemes. Even using the cheapest at 300k, if you do not have a net worth of USD2m, you have no business ‘purchasing’ passports for USD300k by making ‘useless’ investments in those countries. And with that net worth, getting a visa will never be an issue. You don’t even need to queue at embassies with that net worth. Your visa is fast tracked.

For the average Nigerian, whats the big deal in the extra scrutiny and interrogation at the airport if your hands are clean? It’s a cross that we have to carry as Nigerians and must accept. Some of us don’t mind. And it’s not every Nigerian that is interrogated at airports.

Ps: I understand the rationale behind getting these passports to relocate sha. Makes a lot more sense...

$300K is quite high. Some Caribbean islands go for $100K. I agree with you that it might not make much sense now because of the high exchange rate, but back then when the exchange rate was much less, it would make sense to much more people. Afterall, some people spent similar amounts on cars

DexterousOne:
Indeed
That option is still on the table
The focus right now is working as hard as I can to better my financial position even more

If I can get to a point where I can be getting like $1500 to $2k monthly (which btw, I'm still far from reaching that goal)
I'll definitely "expatriate"
Still looking at options though

And yes
I dont owe him or anyone an explanation
But I got "caught up "
Because it's the same thing someone here did to ahiboilandgas.
I wonder what the fuss was about him
Or what would have warranted that

What are the expatriation options for a Nigerian earning in that bracket?

Lazyyouth4u:
Cheapest for that citizenship thingy is around USD300k and it is for Caribbean countries. Note that the western world is waking up to these schemes and will begin rejecting automatic entry for holders of those Caribbean passports very soon. Yahoo boys, drug boys, corrupt politicians and other criminals are the guys rushing these passports.

The real deal is when you do the US, UK or other European country schemes and these cost millions of dollars.

In my opinion, anyone that is not super wealthy has no business with these schemes. Even using the cheapest at 300k, if you do not have a net worth of say USD3m, you have no business ‘purchasing’ a passport for over USD300k by making ‘useless’ investments in those countries. And with that net worth, getting a visa will never be an issue. You don’t even need to queue at embassies with that net worth. Your visa is fast tracked.

For the average Nigerian, whats the big deal in the extra scrutiny and interrogation at the airport if your hands are clean? It’s a cross that we have to carry as Nigerians and must accept. Some of us don’t mind. And it’s not every Nigerian that is interrogated at airports.

Ps: I understand the rationale behind getting these passports to relocate sha. Makes a lot more sense...

ultron12345:
$300K is quite high. Some Caribbean islands go for $100K. I agree with you that it might not make much sense now because of the high exchange rate, but back then when the exchange rate was much less, it would make sense to much more people. Afterall, some people spent similar amounts on cars

This is the analogy @Lazyyouth4u is saying. Anybody that can spend $300,000 on cars will definitively not have any problem getting a visa to any country in this world. Dem go even give you more than six months visa self.

Una wan go dash another country 135 million naira because of passport? It's okay

Nigerian human resources have done it again
How Gtbank Staff, CBN Official Burnt Bullion Van, ‘stole N70m’ In Kano
https://www.nairaland.com/6307466/how-gtbank-staff-cbn-official

ojesymsym:
Una wan go dash another country 135 million naira because of passport? It's okay

Such people go dey claim say N135m is small money that cannot make you survive in this country.

Knowing how these country work, I am almost sure they will be some form of maintenance or renewal fee.

NL1960:
Such people go dey claim say N135m is small money that cannot make you survive in this country.

ultron12345:
I discussed this in this group sometime back. I think it was with dexterous abi someone like that. I was planning to get citizenship from one of the Caribbean islands until the plans got delayed by the increasing exchange rate. Like me, most of the people going for this are not doing it to relocate but for ease of travel, not having to queue here and there for visas. With such passport, one can just wake up one morning and decide to go the UK, Singapore or anywhere, all you need is to get a plane ticket. Plus, you avoid all that extra interrogation and suspicion you get at foreign airports when you hold a Nigerian passport.

We had that conversation months ago

craleonic:
What are the expatriation options for a Nigerian earning in that bracket?

The Caribbean
UAE
Even South Africa
Latin America too

Some "digital geeks" rotate between Dubai, Jo burg, Accra and Lagos every year
Though you have to be a single man to live this kind of life though.
I'm seriously considering the UAE own
Though its residency and not citizenship

But living like this is contingent on how much passive and diversified income one can generate per month
And how you spend money too

ojesymsym:
Knowing how these country work, I am almost sure they will be some form of maintenance or renewal fee.

Naa
It's a one off thing
Sometimes they want you to invest the money in the country for a specific time period (the money is still yours)
Sometimes they want you to buy real estate in the country (the property is still your own)
While in other instances
You dash thr govt between $50k to $100k

So it's not in all instances you "dash" the government of that country the money

TransAtlanticEx:
lol e be like say you know,me and my smallie sef dey quarrel
I give am funds,I ask am for phuck and she come dey play me,so I ask for a refund straight up.
No be say 50k too much,but we don't sow where we won't reap
Nothing dey pain these side chicks pass when them feel say them don scam you and you ask for a refund,and they know how deadly you can be so they can't try nonsense
If you be guyman here,you've gotta learn how to be half gentleman,half ghetto when it comes to dealing with sidechicks

I wonder why I find this very amusing

DexterousOne:
The Caribbean
UAE
Even South Africa
Latin America too

Okay

DexterousOne:
We have had this conversation here before
Many who can afford it are looking into second citizenship and residences elsewhere

It's what even me is looking into
But the hundreds of thousands of USD is big sha

However there are some not too expensive residences that are within reach for people like me
Like UAE, Canada and central/Latin America

One needs alternative route cos it seems this country is really in for a long ride

Brah stay coded. 2 cents

craleonic:
Okay

I feel very sorry for any non-medical Nigerian professional that wants to leave his or her Naija job and ‘expatriate’ to the Caribbean Islands or Central/Latin America in search of greener pastures.

Even SA and UAE, if you don’t find a good job from Naija, no try to expatriate there to go find professional job o. Dubai even better sef. You go hear ween for SA

jajeri3216:
Brah stay coded. 2 cents

Thank you for the advise