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Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K (33263 Views)

Wema Bank Signs $50 Million Credit Facility With ECOWAS Bank / Uproar As Anambra Man Settles His Apprentice With N100k After 9 Years (Video) / Oceanic/ecobank Bank Shares Worth N500k In 2005 Is Now Worth N11,530.45. (2) (3) (4)

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Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by DisLifeSha: 11:31am On Jan 05, 2021
Things like this hardly happens in South South. They only know how to help their siblings. You're simply on your own
Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by Dozie32(m): 11:32am On Jan 05, 2021
Tell me why God will not bless you him?? I have a friend after serving the oga for 7years, instead of to settle him. His oga and the wife planned to set him up that he wants to rape the oga's wife.which the young man never did. They later sent him off without a single dime and you tell me that God will punish them!

11 Likes 1 Share

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by remzytimer: 11:32am On Jan 05, 2021
God bless that man for his sincererity....

1 Like

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by forgiveness: 11:32am On Jan 05, 2021
Normal in SE

4 Likes

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by aribisala0(m): 11:32am On Jan 05, 2021
Jancy606:
A lot of people settle their boys with cash or goods worth more than than a million.I wonder why they made it a public news.
Fulani herdsmen are settled with a lot more and a lot less noise

1 Like

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by Tremple8v: 11:33am On Jan 05, 2021
This is good .
Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by BlessedNuel: 11:33am On Jan 05, 2021
Very commendable... worthy of emulation
Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by kabanayol9(m): 11:33am On Jan 05, 2021
To say the fact, i am a yoruba man, ijebu to be precise, Yoruba people no fit do this kind thing never(#100, 000) dem no go give, though we know some of igbo brothers doesn't want to pay when it is time o, but they are some honest ones, i have witnessed one myself last year.

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Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by MYGRATEskillz(m): 11:33am On Jan 05, 2021
1m After serving for how many years plz? This practice is the most fraudulent yet.
Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by Lovelyn451(f): 11:33am On Jan 05, 2021
this has been on b4 I was born...

1 Like

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by bigcasava1(m): 11:33am On Jan 05, 2021
ashacot:
Ọnye fee eze...
Young man from Enugu state gets settled to the tune of N1,000,000 + credit facilities worth N500,000 after duly completing his apprenticeship with his Boss from Ekwulobia, Anambra state. The business owner also offered to accommodate his ex Apprentice until he is able to get his own accommodation
They're not even related..


https://www.youtube.com/watch?v=2f01YayemqI
Igbo Amaka, in my next world I will still maintain this tribe
Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by PicLtd: 11:34am On Jan 05, 2021
Na so we dey do am.

For my family na stocked shop plus 2 million we dey take settle Nwa boy. He can still live with us till he settles down and gets his own accomodation. A family that has trained and set up over 108 Igbo boys and 1 yoruba boy since 1970 till date, many from families we don't even know, from as far as Enugu, Abia and Ebonyi.

For onitsha, some heavy men settle their boys with warehouses and 4 storey/decking building.

The Secret of Igbo success.

28 Likes 6 Shares

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by DAramis: 11:35am On Jan 05, 2021
Culture is part of people's living and experience. May the young man go and prosper. Above all, to leave women (especially slay Queen) and focus on his trade.

Once he successfully increased his business, he can then look for a pretty young woman to woo and date.

3 Likes

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by foxton: 11:35am On Jan 05, 2021
You must be a thjck saddist if u fail to prove a point here and fast
cococandy:
He didn’t do the boy a favor. The young man earned it. Ask him how many years he “served”.

That said, some ogas are terrible and won’t do as much

2 Likes

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by ibkayee(f): 11:35am On Jan 05, 2021
Nice of the man

Aren’t apprentices supposed to get paid?

2 Likes

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by bigcasava1(m): 11:35am On Jan 05, 2021
OYENIYIJK:
This is good. wink
Many Igbo traders I know are good and legit people, but the media only carry bad news of those that are into drugs...

Anyways, check my signature wink
opera news number 1. You know people easily get jealous our good things.

1 Like

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by NgwalandAba(m): 11:35am On Jan 05, 2021
Etinosa1234:
By next week, he'll move to Lagos because that's where the market is

In 5 years he'll be successful...

Because he already has the foundation and a startup capital...

In Some places, na freedom party dem go do for u... Na u go hustle for ur self

Which yeye Lagos,do that noisy City even have the biggest market in Nigeria.. Lagos is one yeye noisy City.

1 Like

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by Prettychild(f): 11:35am On Jan 05, 2021
ashacot:
Ọnye fee eze...
Young man from Enugu state gets settled to the tune of N1,000,000 + credit facilities worth N500,000 after duly completing his apprenticeship with his Boss from Ekwulobia, Anambra state. The business owner also offered to accommodate his ex Apprentice until he is able to get his own accommodation
They're not even related..


https://www.youtube.com/watch?v=2f01YayemqI
God bless the Oga for being a good boss and the apprentice for being a loyal guy

2 Likes

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by dahnimoh(m): 11:35am On Jan 05, 2021
The ibos love themselves more than any tribe in nigeria

7 Likes 2 Shares

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by QuickStandard: 11:36am On Jan 05, 2021
Very commendable.
That's one thing I so much love about the Igbos.
What a way to start the new year.
Congrats boy

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Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by okrote4real: 11:36am On Jan 05, 2021
Congratulations �

1 Like

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by okrote4real: 11:36am On Jan 05, 2021
Congratulations

1 Like

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by dandollaz: 11:39am On Jan 05, 2021
cococandy:
He didn’t do the boy a favor. The young man earned it. Ask him how many years he “served”.

That said, some ogas are terrible and won’t do as much
Go check his mates that can boost of 50k in the village.Age is just number young lady.count 6/7 years back you will know it's just yesterday

6 Likes 1 Share

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by michlins(m): 11:39am On Jan 05, 2021
southniyikaye:
What more can the young man ask for?
1m
500k
Free accommodation till he is able to stand on his own.. Believe me, this is no clout chasing, the boy would have been a good and accountable apprentice.
Cos before igbo man go do you this kin good, nwane, you must have performed beyond expectation..
Igbo sha...
This culture is what makes them business oriented...
You no fit dey learn something from small make you no come Sabi am well..
The boy must have been accountable unlike some crooks that has been milking this country dry, they now turn covid to a money making scheme giving us diff figures and scores.
They try to undo themselves in both
Lying competition
Stealing competition
Looting competition
Hoarding competition.

They make me realize there is a clear diff btw stealing and looting..
Oga jiri nwayọọ. My boss did more than this for me when I was hospitalized and I wasn't even under the "oga-boy" arrangement. I was learning his skill.

This is the biggest transfer of wealth and the best poverty alleviation program anywhere in the world

12 Likes

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by BaddaMan: 11:39am On Jan 05, 2021
Igbo Amaka, the best form of apprenticeship in the whole world.

6 Likes

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by gurunlocker: 11:40am On Jan 05, 2021
You have to give it to these guys when it comes to business!

7 Likes

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by Nobody: 11:40am On Jan 05, 2021
He had better invested it wisely.

Kudos to the boss.

1 Like

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by Nobody: 11:41am On Jan 05, 2021
michlins:
Oga jiri nwayọọ. My boss did more than this for me when I was hospitalized and I wasn't even under the "oga-boy" arrangement. I was learning his skill.

This is the biggest transfer of wealth and the best poverty alleviation program anywhere in the world
gbam

3 Likes

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by piagetskinner(m): 11:42am On Jan 05, 2021
Y is he touching his head like he’s stealing his destiny...

Na joke oo...

I thought IGbos don’t kneel down.. In this case of 1.5m I’m sure kneeling is necessary



Congratulations to the young man.. In 5 years I’m sure he’ll own his own warehouse
Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by Tripitaka: 11:42am On Jan 05, 2021
cococandy:
He didn’t do the boy a favor. The young man earned it. Ask him how many years he “served”.

That said, some ogas are terrible and won’t do as much

The emboldened isn't necessarily true even though it may appear logical. Under the "nwaboy" system, the boss is under no obligation to "settle" the apprentice; it is simply discretionary.

The understanding is that whilst the boss benefits f6om the boy's stewardship, the boy also benefits from the boss' tutelage while having free food and acomodation. This is why it is mostly the families of a proposed "nwaboy" seeking a good oga for their son to serve under and never the other way round

In some cases, at the end of the stewardship, the boss will say he has no money to give, but may support the boy with contact for suppliers, or simply just pray for him and that's it. Mind you, under this system, there is never any express written agreement. Both parties juat have an understanding and that's it. Which is why you see some boys serving for 8-10yrs even though the initial understanding was around 5yrs.

8 Likes

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by Regardless: 11:42am On Jan 05, 2021
Igbo men sha.. I love what they do for their boys.

1 Like

Re: Business Owner Settles Apprentice With N1M Plus Credit Facility Worth N500K by aycorporat(m): 11:43am On Jan 05, 2021
Why is this newsworthy?

Lots of Igbo men as far as ten years ago settled their apprentice with 3 to 5 million naira

6 Likes

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