₦airaland Forum

Rexnegro:
igbos tenants most of Them are bad tenants in lagos....pay first year And then they show themselves. op hardly before You get such tenants.

Ethnic bigot

Proudly Anambra

I wonder how this man got a second tenure. Anyways, 2019 is fast approaching. We are ready with our pic's.

Happy sallah to our Muslim brothers

APGA have done very well in Anambra. We in Anambra will remain with APGA. The APGA government has paid salaries and pension as at when due while many states are struggling to pay salaries. The developmental strides via infrastructural development is tremendous. These being said, we don't want to gamble with the future of ndi-Anambra.

This geographic contraption needs urgent restructuring. We division and perceived hatred is at an all time high. The earlier we restructure and move away from the sharing model that encourages laziness and as a result unemployment is not working and will never work. God bless Nigeria if they agree.

Good news. Let us ensure equity in the sharing. Nigeria is known for sharing. The states should be be doing this and not the federal government. Vv

FP loading

Government has to do the needful to support these hunters.

Correct. That's why we voted.

Great achievement. But how does this affect the price of rice and beans in the market?

Same way you people begged Buhari to contest. Remember the popular mantra"the youths are the leaders of tomorrow" Begging a man of over 70 years calls for concern.

This is the height of recklessness. Just pray we have a country by then .

Who will be cooking in this marriage

A lizard must have raped a snake to produce this specie

The land use act is the issue here and until the so called lawmakers do the needful, then this country with great potentials will remain backward for a long time.

I am inviting the governor to the commissioning of my 3 bedroom bungalow in Okpanam, Asaba. We are moving this state forward.

She is learner. Lie Mohammed, would have told us that the woman came with a bullion van to collect N10,000. This government sef?

I like your courage. However learn to take your protest to the appropriate quarters. The governor did not sell the flight ticket to you hence no contract with the governor.

God is watching you. "Boko Haram has been technically defeated " in Lai Mohammed 's voice.

It took 6 months to assemble these ministers. Hope it won't take another 6 months to get their replacement.

Stealing is not corruption.

OAKSFIVEFARMS:
Hello everyone, happy Sunday. I'm happy, I hope you are too. In case you aren't, I have brought some financial advise to brighten your day.
I want to talk about investment and return on investment (ROI) in the context of Uber.
So I was researching fixed deposit rates, not to invest but to get a comparison between that and an investment in Uber.

The best rate I was able to get was 3% on a 30 day fix, that is, if you left your money with the bank for 30 days, they would give you an appreciation on your capital of 3%. So I though, let's choose a nominal figure for the sake of this post, a figure of say #1,500,000.

If you fix #1,500,000 naira on a percentage of 3%, at the end of the term, you make a profit (or interest) of 50,000 naira. A not so whooping sum of #12,500 per week. I believe there is also a service charge, though negligible, it will affect your bottomline.

Now let us look at an equivalent investment on Uber,
Now that Uber is accepting year 2000 cars and newer.
Let's say you invest in Uber with #1,500,000.
You are guaranteed returns of #120,000 per month
, #30,000 per week.

From my layman calculation that is about 8% compared to fixed deposits' 3%.

Quite a difference when the capital we speak of is #1,500,000 .

Now, I think you may speak of risk. Fixed deposits are essentially risk free, while Uber carries certain risks ; accident, theft, fire etc, but that is where insurance comes in. For about #50,000 naira you can negate all risks, for upto 1 year. Over the course of a year, that is 4000 every month. Risk averted.
If we were to deduct interest from risk premium (insurance) we get a profit of 116,000 per month, still much higher than fixed deposit.

One legitimate concern of course is, what happens to mechanic costs when you have to fix the car (this is a variable and highly dependent on other factors, also it is unpredictable so I won't calculate that here), if you get a good vehicle, you don't have to worry about mechanic costs, I have been driving my car on Uber for 3 months and haven't had cause to visit a mechanic, so it's been all profit for me.

So how do you get a good car? Leave that to us, we can help you source for well maintained vehicles from reputable car dealerships.
As fleet managers, we can help you purchase sound vehicles for your investment.

It is worthy to mention that no investment vehicle(no pun intended) is devoid of risk, fixed deposits are affected by inflation while Uber vehicles are affected by depreciation.

I think any investment that out performs the local fixed deposit rates is a good investment. Think about it.

Invest in Uber today.

Have a happy Sunday and a lovely week folks.

This your analysis get K leg. Do the same analysis with Treasury bills versus Uber.

This is how to fund a political party.

APC is a political party without internal democracy. I wish them well.

Attack on Boko Haram is an attack on the North.

APC fighting corruption since 2015.

Sultan has to watch his utterances before he eats the humble pie like Sanusi Lamido the emir of Kano

We are cowards

Story for the gods

Country is in a terrible shape. Some people want status quo to remain because of free money that is being shared every month in Abuja. The current structure encourages laziness, poverty and underdevelopment. People of good will should not get tired of speaking out.

Ok