₦airaland Forum

AntiChristian:
The aim of a successful business especially a POS biz is to have as many customers as possible to break even! You gain 150 on every 10k if you charge 200.

CAC registration is a one off transaction. Then yearly you can be tax based on your declared profit. If you make no profit you won't be taxed!

All your expenses would have to be deducted before you are taxed.

The Business won't die off! Those who can't compete will be the ones to die!
It's the survival of the fittest as usual!

It seem you have low comprehension.

You won't gain 150 naira on 10k considering the cost of getting cash and rent you pay for space and other things and you make it sound very easy like it is so easy to get customers unless you are lucky to be in a very busy area, even busy area have low patronization with bad economy in Nigeria, i see many Pos stand at popular locations shutting down all the time, most POS are in the streets and local area with little patronization and at most 50k to 100k capital.

And with the rate of inflation in Nigeria, you think 150 naira profits on 10k is something, you are really delusional.

What about the risks involve in the business? POS operator are being robbed and killed or even scammed, a lot of them lose a lot of money to scammers and fraudsters. You think getting 150 naira per 10k worth all those targets on their back with the inflation in the country ? why don't you go start it if it's so easy.

Most Nigerians are hypocrites, unless you are the one affected or involve you don't care.

AntiChristian:
1. POS business doesn't need much infrastructure to operate!

2. How much is the deductions?

3. How much is the profit?

4. You'll have your cash sources before you start such business.

5. Just like any business you should be able to pay your staff.

So he should be fetching money from trees to pay staffs ? not all POS operators have the opportunity to source for cash from traders, especially the one outside market area, besides Nigeria won't let you benefit from them for free, you will see them doing shakara and want you to become their servants that do things for them because you are benefitting a little from them. Many POS operators still use Banks to source for Cash because Nigerians won't help you for free.

AntiChristian:


100 on 5k...

200 on 10k..

300 on 15k...

400 on 20k..

If FG collect 50 on 10k and above you still no go gain at all?

As a POS operator which tax do you pay directly to the government?

Terminal will also deduct its charges, 50 naira on 10,000 and 100 naira on 20k and above.

ATM also charge 35naira for every 5k withdrawal if you source for cash at the bank, what about transportation ? what about space rent ? include the recent EMT charges.

This Government is also working toward remitting tax from POS and CAC registration that cost 20k, i can see the business dying off in the future.

IamANigerianMan:
Mercy on what? These guy are charged between N10 and N20 for the transaction of N10,000 and above, if government decided to add N50, they still gain N130... We are the problem don't bring God, we are wicked and evil... So the gain or profit of N130 is not enough... Government should ban that nonsense if they add a dine...

You are actually wrong
Let me break it down for you
The terminal charge 50naira for withdrawal of 10,000 naira and 100 naira on 20,000 and above.

With the limit on ATM withdrawal by banks, POS have to go extra miles to source for cash, if they go to bank, bank will also deduct another 35naira per every 5000 naira withdrawn, what about the transportation fare to get to the bank ? POS also pay for space they rent.

Now the average cost POS charge for trying to withdraw 10,000 naira in my area is 200, terminal will take 50 naira, if the money was withdrawn at ATM, ATM will take 70 naira, plus the cost of transport, plus cost of space, plus electronic transfer levy and other miscellaneous charges. So you want POS operator to barely see 100 naira profits on 100,000 naira capital ?

With the situation in the country many POS are already out of business, the business won't survive because this government will use their policy to kill it. I haven't mention CAC registration and tax remittance that this government is demanding from POS operator, after that's implemented it will finally die.

If you know any girl that traveled to Ghana, Ivory coast, Benin, Togo to hustled, know that she's 100% a professional prostitute.

Instead of getting appropriate treatment at the hospital, they will be taking miracle water and these so called men of god won't tell them the truth.

Religion is fake.

MajorOvakporaye:
People like you are part of Africa's problem. A man who has been known to use political thuggery to cause havoc in the society, run dirty deals for politicians, destroy electoral processes is now an icon and role model to you.

I think you have comprehension problem

If i respect some particular aspects of someone doesn't mean he/she is my role model, even enemies respect each other.

I just respect his ruggedness that's all because not many people can do what he did putting his life on the line, even in developed countries we have people like them, Japan have Yakuza and America have gang bosses.

sarrki:
It was my utmost privilege to attend the graduation ceremony of the exceptional Adejonwo Idris Omo Olamilekan Adejonwo Gaji, who achieved a remarkable first-class degree in Business Administration from the prestigious University of Hertfordshire in London. I extend my warmest congratulations and heartfelt prayers for his continued success and prosperity.

May God’s divine blessings and guidance illuminate his path as he embarks on this new chapter in his life. May his journey be filled with triumph, joy, and abundance. May he be blessed with wisdom, resilience, and unwavering determination to reach even greater heights.

As he begins this new journey, I offer my sincerest wishes for his future endeavors. May God’s grace and favor be upon him, and may his name be etched in the annals of success. Olorun aje ki isu omo jina fun wa je, omo wa na ayan ayanju loju emi wa, gbgobowa pata lama jere omo wa. (May God’s blessings be upon him, and may his path be lit with success and joy. May he be blessed with prosperity and may his future be bright.)

I have no doubt that Adejonwo Idris Omo Olamilekan Adejonwo Gaji will continue to soar to great heights and make a lasting impact in his chosen field. Once again, congratulations on this outstanding achievement!

One thing i respect about MC oluomo is he didn't come from a rich family , but today his family are making it and won't be poor for generations to come, he is a transportation union thug but he also put his life on the line. It is not easy to become a boss over thugs in Lagos many became collateral damage for trying the same.

Some Nigerians talk down on him because he is not educated but he really paid his due even without education, not many can survive through what he did, he was even stabbed some time back and luckily survived, if it is easy to run am like Mc Oluomo oya run am, don't blame the player blame the game.

Meet Nigeria’s Ibukun Olubiyi, who just opened the first Chick-fil-A restaurant in Canada’s capital city



Ibukun Olubiyi is behind a Chick-fil-A restaurant in Canada’s capital city, Ottawa. A native of Lagos, Nigeria, she was raised between Lagos, London, and Dublin but moved to Canada to complete a bachelor’s degree in sociology at McMaster University. It was during those university years that she first experienced the U.S.-based fast food outlet Chick-fil-A.

According to her, she was part of a group of 50 students who had traveled to New Orleans, Louisiana, to partner with Habitat for Humanity and build homes for displaced residents who were still suffering in the aftermath of Hurricane Katrina.

During the 27-hour drive, they stopped to eat at Chick-fil-A. “To be honest, what stood out to me more than the food was the impeccable customer service, especially the Team Members who were extremely courteous as they took my order,” she recalled.

Ibukun has now been in Ottawa for over a decade after graduating from McMaster University in 2012 to study human resources management at Algonquin College. She even had an MBA from Loughborough University in the UK while still living in Ottawa.

She became a Chick-fil-A restaurant owner following the expansion of the franchise in Canada. Owning a Chick-fil-A was also another opportunity for her to build a legacy in her local community.

“Legacy is important to me because I have seen the rewards of a great legacy in my family, where integrity was always at the centre of everything my family did and ultimately set me up for success,” Ibukun said. “I am grateful for the many opportunities I have had in Ottawa after graduating from university, most of which were a result of people taking a chance on me and developing my leadership abilities. I want to be able to do that for other young people in the city.”

Ibukun hopes to help other young people by prioritizing greater salaries, mentorship, and life coaching, including immigration information workshops and financial planning advice. Besides supporting her team of over 100, she enjoys giving back to the community through the Chick-fil-A Shared Table™ food donation program, joining community boards, and participating in Ottawa business organizations.

“My vision for my Restaurant is to be a positive influence on everyone we come in contact with in the city of Ottawa,” she said. “Not only do I want to win the hearts of the Kanata community through an exceptional Chick-fil-A experience, but I also want to be a part of the solution for any challenges facing my local neighborhoods.”

Chick-fil-A, Inc. is the third largest quick-service restaurant company in the United States. Ibukun’s Chick-fil-A, which opened last month, is the 15th Chick-fil-A in Canada, as the company hopes to expand across the country.

https://face2faceafrica.com/article/meet-nigerias-ibukun-olubiyi-who-just-opened-the-first-chick-fil-a-restaurant-in-canadas-capital-city

Cc
Mynd44
Nlfpmod

lazkizz:
Nigeria revolution go worst pass Libya 🇱🇾 own.
Like 25 warlords will be controlling different parts of the country.

Many will lost their life . The British will try to re amalgamate the broken country but it won't work.
Neo colonialism will end after the brutal civil war, the middle belt will feel the heat more than any other region.

After some years each part will experience rapid growth and development, because they now control their resources.

Not all stories have an happy ending

Even if the country get divided to ten parts tomorrow there's no guarantee that things will turn out well, the situation may be worse than Sudan and Somalia.

Reality is always different from how you guys usually predict things, this is not video game and fantasy, will dividing the country change the evil and corrupt nature of Nigerians ? how will dividing the country suddenly make Nigerians to change from their corrupt and greedy lifestyle ? Corruption, greed and selfishness are the core problems of Nigerians, it is what gave birth to the corrupt system we are using in Nigeria. Corrupt , greedy and selfish people can't create a fair and development oriented system, they will design something that they can exploit and something that suit their corrupt, greedy and selfish lifestyle.

Things will never change even if Nigeria get divided to 10 parts as long as the people themselves never change, more problems that's more troublesome and complex will sprang up in those new countries.

Axis313:
Whatever the investment,it must not include GMO products o.
The man is at the forefront of advocating for GMO seeds and products for African countries,but some people thinks it is good thing,but it is sn evil

Read what the investment is about first

Noblechykk:
You can accuse the igbos of anything but not voting on tribal sentiments except you were born yesterday or just intentionally being mischievous

Maybe not the in the past but now we all know how desperately Igbo want President from South east. So no matter how competent any candidate from the west or north is Igbo are not going to vote for them again.

yarimo:
That is how they decivied ATIKU in 2019 that, buhari can't be re elected as president 🤣🤣

It is different this time around and you know that. The inflation and economic hardship is off the chart, everything increase by almost 500% in a year.

It is people like you that won't tell Tinubu the truth that will make him lose bitterly. Tinubu is also not like Buhari that have the humongous north votes backing him as a northerner, South west won't back Tinubu like the north back Buhari, in fact Tinubu will struggle to rig south west votes.

Warrior99:
Peter Obi will NEVER be President ✍🏽

Peter Obi will only have a chance if PDP adopted him and somehow magically make him their candidate in place of Atiku.

Labour Party still don't have the structure to win outside of the East and South South and that's possible because of the strong tribal sentiment, same way the north won't vote Peter Obi over Atiku.

Peter Obi can manage to scoop some votes from South west but Igbo continuous insult and attack on the west everyday has reduced that votes to almost zero. The media broadcast of the Igbo women threatening to poison Yoruba and calling other Igbo to poison Yoruba is only what is needed to destroy any Peter Obi chance in south west.

Atiku can easily win south west because of the strong PDP structure, Yoruba won't even think about tribal affiliation with Tinubu because of the policies that seem not to give a Bleep about Nigerians and where they are from if PDP just make promises to change things around even if it a lie they will vote massively for Atiku.

With all the anti people policies so far that seem not to be ending anytime soon, Tinubu have no chance for second term even if he want to rig, i don't see how he can easily pull it off.

If Tinubu beat Atiku again then it is 100% rig, with all the policies that seem not to give a fvck about Nigerians survival there's no way in hell he is going to win even South west won't vote for him.

People are going to vote for Atiku not because he is going to turn things around or because he is better than Tinubu, they are going to vote for Atiku because Tinubu just put Nigerians through so much suffering and they can't just bare to vote for him again, 2027 is for Atiku as long as he play his card right.

Thewrath:
This list does not validate control of commerce,where we’re all these people when Lagos was empty last December? Where there are no people,there is no commerce!

Propaganda does not control commerce,just like ogun state with its bogus and fake IGR could not pay Chinese companies debts.

ironically you are the one spreading propaganda because ogun State doesn't owe any Chinese company. What happened was a case of contract being terminated without due process.

Brendaniel:
I don't need to argue with you, I have told you the truth and that's what matters

And i am telling you that since the Dawn of time things can never be equal, even nature and god are not making things equal.

You work on the advantages you have and gain more advantages.

Even if Eastern port matches Lagos's ports infrastructure, what about Lagos security ? even after that what about Lagos economy and output ?

When will they have a port on the same level as Lekki's port ? or will they clamour for FG to build it because you want to beat Lagos ?

Lagos already gained the Advantage in Ports aspect and they still have that much advantages because they are continuously working on it so things can never be equal unless you bomb Lagos state.

When the competition started leaders in the East and South South didn't bother about all that so Lagos already leading with a big margin. It is like telling your opponent in a race to stop down so you can match him and overtake him, it is not possible.

Brendaniel:
You are still throwing tribalism everywhere...

Firstly Lagos port has its advantage, secondly the FG should have created the same advantage for other ports as they did for Lagos ports...

You can read this article to understand better...

https://www.businessday.ng/backpage/article/nigerians-prefer-ports-lagos-cargo-destination/

Of course Lagos have a lot of advantages why it is more productive, things can never be equal in life it is delusional to expect things to be equal. Even Nature or god is not making things equal, some humans have it better than others, same as some Animals have it better than others, it is delusional to expect things to be equal.

In life you work on the advantages you have and gain more advantages, it is not Lagos ports fault that it has less risks and better infrastructures, our colonial masters chose it for some reasons that was one of the advantages it have and south west leaders invested more on it during the Cocoa boom in south west. The question you should be asking is why are they not investing in the port and giving it priorities ? even when their son GEJ was president or even during regional government when they had more control ? is it Lagos ports fault that the people in the area are more prone to being pirates that hijack ship thereby increasing the risk of using port in the area ?

Even if you do all that there's no guarantee that you will beat Lagos ports because south west people are also contributing heavily to the ports and won't relent, just like the recently built Lekki port because we know the benefit to our economy in Lagos. The question is why you want to beat Lagos and have problem with its development ? everyone can develop at their own pace.

Brendaniel:
You are still throwing tribalism everywhere...

Firstly Lagos port has its advantage, secondly the FG should have created the same advantage for other ports as they did for Lagos ports...

You can read this article to understand better...

https://www.businessday.ng/backpage/article/nigerians-prefer-ports-lagos-cargo-destination/

Just tell FG to shut down Lagos ports to make you guys happy

So it was also the FG that made Lagos ports to outperformed other ports during the pre colonial and colonial era too ?

LOVEALAIGBO:
You’re delusional! And this is the consequence of your misplaced sense of ethnic superiority and arrogance!

So if asked, you’ll proudly puff out your chest and declare that the success and preeminence of Lagos ports over and above those in Delta, Rivers and Cross-River states owes to the ‘south-west economy and the ‘sophistication’ of the Yoruba’!?

What’s giving you the temerity to arrogate economic dominance over others and foist your criminals over the rest of the country, is your belief that Nigeria and its warped political-economy will be sustained! If you lot are so confident in your economic abilities, one wonders why you still cling on to the failed experiment that is ‘one Nigeria’ like your life depends on it!

Relax mr Man you are the one that's obviously misinterpreting my comment, i didn't claim any economic dominance or Yoruba sophistication or whatever you added to it, i just stated the fact that Lagos port performance is also largely due to South west economy. I stated that because many Igbo attributed Lagos's ports success to themselves as if there's no Yoruba or south west contribution , they have forgotten that Lagos's ports has been performing well long before any Igbo step foot in Lagos state or before the existence of Nigeria if they are good students of history.

Brendaniel:
You see how you guys reason, to you guys everything is tribal competition...

Why build a port and put restrictions on it?

If it is not for tribal supremacy?

Why not give equal privilege ?

Everything doesn't revolve around you, if any products were banned at Onne it doesn't mean it's because of any stupid tribalism.

Same way pharmaceutical products and other goods were banned at Tin can port, Nigeria import and export a lot of things. Did they also ban cars, office supplies, phone gadgets and accessories, car parts, clothes etc at Onne ports ? why are they not using Onne port to import it and make Onne port outperform Lagos in all those first ?

Same way you guys were chest beating with Anambra Airport and how it is going to surpass Lagos Airport within a year , today it is still among the Airport that's still not generating any revenue for FG.

It seem to me you guys will stick to any pathetic excuse to hide the obvious fact that Lagos ports can't be beat because it is power by South West economy, the port has been flourishing before any Igbo came to Lagos state. Igbo are not the one that make south west port what it is so you also don't have the power to limit its growth or stop it.

Brendaniel:
There are goods you cannot import or export except only through Lagos ports....

What about the goods you can import or export at Onne port ? how much are you using Onne ports to import and export them ?

Brendaniel:
It is not only about opening port but giving the port all the import and export privilege Lagos state port has ....

Why don't you advocate for the closure of Lagos ports so that Eastern Ports can be the only functional port in the country ?

Lagos ports is powered by South West economy, most of the goods from Lagos ports supply South west markets, so unless South west economy collapse Lagos port will always stand gidigba.

You guys will never be satisfy, there will always be one excuses or another.

You people said pharmaceutical products are banned at Onne port, what about other products that are not banned? , outperform Lagos ports in those products first before we can consider your propaganda.

yewit37486:
How did he manage to bury her in the compound without his parents knowing?

must have been a large compound with a lot of bushy area or his parents don't stay at home most of the time.

pandax:
We cannot import vehicles, pharmaceuticals etc through Onne!

You are still spreading that propaganda but in this post pharmaceuticals were imported.

Where is that IPOB guy that was spreading propaganda that pharmaceutical products are banned and not allow to be imported at Onne port ?

You see them crying for ports it is because so they can smuggle drugs, weapons and fake goods as they wish without being challenged. I can't imagine what a country like Biafra will be like if it is actualise, i can see drug lords dividing the country to another 10 parts to rule like Somali and Sudan.

TheChameleon:


Yammies can sabi worwor at times.

Amala Eaters like Davido and FFK take the best ones and then leave the leftovers for unlucky guys like this fellow.

God forgive me... this babe get plenty mileage.

The ironic thing is they will be the one to first call others ugly and throw insult, just like on that Miss Kwara's post.

When south Africans saw the miss universe Nigeria contestant pictures online full of Amaka dem, they were mocking Nigerians for not having beautiful women but you will see them claiming most beautiful with ape lookin women.

chudez0147:
Very true. I have a friend in Piwoyi Abuja her name is Kosara, she’s from Kwara and she looks exactly like this miss kwara

When south Africans saw the contestants Picture full of Amaka women they were mocking Nigeria for not having beautiful women but ape lookin Amaka woman like this.

That woman is not even Yoruba but from Benue and represented Kwara.

Xxxxtentacion2:
you don carry tribalism enter this fashion thread.
Na this kind things Davido and the rest the see way make them dey rush amaka...

This woman is from Benue state but represented Kwara

The contestant pictures that south Africans were mocking when it came out was full of Amaka women like this.

Ape lookin Amaka women that make south africans to be mocking Nigeria.

Bendeco2020:
Since they pretend all is well in their region, who am i to care

One of their low IQ fellow above is already suspecting and pointing @ IPOB

Everything about them is poltics and sentiment.

You are the low IQ individual here if not you would know he is justify in not ruling out IPOB

You guys and Fulani are both evil and both perpetrating evil in Yoruba land, but i see you all wailing on this thread as if you are all saints and Law abiding citizens in South West.

The 9 members gang of Kidnappers that operated in Lagos and committed so many evil and were killed in Lagos state were all Igbo, what make you guys different from Fulani herdsmen in Yoruba land ? when Yoruba finally wake up and decide enough is enough, both you guys and Fulani will get the same treatment.


The people that committed this heinous crimes who can boldly rule that there's no Igbo among them ?