₦airaland Forum

Basicend:
Just about 10 years ago. . Entry level jobs in intercontinental bank, diamond bank, GT Bank, Virgin Nigeria, Unilever was as high as #185,000 - #200,000 after training schools.

Those days, an entry level staff could easily buy a very 2nd-hand or cheap brand new car. .

Today, most entry level jobs are contractual and the pay is around #70,000. . In a hyping inflation besieged economy.

Today. . Most of them can't even pay house rent.

How did we get ourselves to this level?

Jackossky:
Hi bosses in the house

I'm delving into the corporate space and I want to play it smart. Learn from mistakes and maybe, take one or two advice from the experience shared

Prospective employees can also find this beneficial too

What's the worst experience you've had at a job?

With the devaluation of Naira, it is now crystal clear that anyone who invested in ONLY Naira denominated debt instruments without hedging has depleted their life savings.

From 2015 - 2023, the value of Naira has lost more than 380% in value. This demonstrates that no matter how much you compounded in the last 8 years. It is a TOTAL LOSS !



An interesting fact
"A" had $100,000 in 2015 and decided to invest in Nigerian debt instruments. A converted the funds to Naira @ N216/$ = N21,600,000. A locked in the funds for 10 years at 17% per annum.
After 8 years, A had an interest of N29,376,000. A total of N50,376,000 was realised after 8 years.

"B" had $100,000 but was lazy and decided to leave his own in a Dom acc with interest rate of 0.3%. Interest rate after 8 years was $2,400. Today, B decided to sell. Total capital and interest of $102,400 was sold @ N835/$ = N85,500,000. ("He doesn't have to sell yet"wink

A heard what B did and said had I known. Moral of the story, investing in debt instruments of a declining economy will only make you POOR. There is a reason why Dangote is the richest man in the world yet he uses public debt instruments to fund some of his projects.

Starboytwo:
omo I don even forget as everything end self. But it’s all good now sha. Na one of my uncle I entrust to oversee the place. Emi ti move on. Forward ever.


Is this just gist or you staring with this type of situation?

Merch:
The problem about renting an apartment is the renewal of the rent when it expire

Starboytwo:
sup

Griffon:
I doubt there’s any team out there with a good and sound scouting system than Leipzig.

RB Leipzig's summer so far:

Bought Benjamin Šeško (20, CF) from RB Salzburg.
Loaned Fábio Carvalho (20, AM) from FC Liverpool.
Bought Loïs Openda (23, CF) from RC Lens.
Bought Christoph Baumgartner (23, AM) from Hoffenheim.
Bought Nicolas Seiwald (22, CM) from RB Salzburg.
Bought El Chadaille Bitshiabu (18, CB) from PSG.

These are hot prospects right up there. In two years time, 100milli would be quoted for each.

Leezah:
@starboytwo
LAWYER
Get a lawyer.. Please don't take laws into your hands, because the law tilts more in favour of tenants. get a lawyer to Give him quit notice if his a yearly tenant If the tenant is on yearly payment, it is 6 months notice that u'll give him and it will start counting frm d day you served him d notice irrespective of how many months he has not paid.

Once the quit notice has been filed validly for 6 months, any day over that 6 months notice means the tenant is holding over that property illegally and he no longer becomes a tenant but a tenant at sufferance and from there onward you dont need to issue him a quit notice again but an OWNERS INTENTION TO RECOVER PREMISES in 7 DAYS And from there onwards the tenant practically has no defence legally when the matter will be filed at the rent tribunal nearest to you.

Tops with all the adjournment within 3 to 5 months the court balliffs will personally come to serve them to eject them of the premises compulsorily.

or

DO IT YOURSELF (DIY)
If you don't want to contact a lawyer.
Let me give you a summary of what you should do .Serve him the statutory notices ie 7 days and one month,then file a suit for recovery of premises at the nearest magistrate court.

Once the case comes up tell the court you are handling the case yourself,enter witness box and tell the court what the man did and the order you are seeking from them.The bailiff will then enter the box and tell the court that he served the man but he didn't come .The court will then grant you the order you are seeking.You will take the judgement copy and go to the bailiff and pay them for policemen.

The policemen and the bailiffs will go to the man's house one early morning, break his house and pack all his properties to the court premises. I hope you learnt something today from this. Goodluck

or

GOVERNMENT
If you based in Lagos If its Lagos, go through the human right activist section or Mediation center of the State Government. They have many outlets in each local government in the state. They'll charge a fee of #8,000 and would handled the cases

or

STREETS
I don't encourage this any longer but its inevitable where a tenant things you must suffer after the initial suffer to build a house. Go to court, pay the clerk and officials and get a notice, paste on his door in his absent and snap then take notice off. Make some other person appear in court in his stead as a proxy tenant he transferred tenant ship to without your consent and get a verdict and evict him immediately as the unpreparedness will rock his life for ever. He can continue the fight from outside your house. The person that appeared is the person you have been seeing around the house and you don't know him. Simply put, he alone can provide that person.

NB: I cannot respond to DM so do well to mention me with your email. Thank you

Frenchkiss564:
As a litigation lawyer, you have to be really spiritually strong. It is either you have a pastor, an alfa or babalawo clearing the coast for you.

Davash222:
You handle them by avoiding them.

Houseofglam7:
OP,your problems are MANY

Tajbol4splend:
Naija ladies eleran iya, them sabi endure toxic relationship so much

Bambela:
The oldest thing in my house is my wife

nhurhetee:
All of'em aint loyal. Once u contribute with ur idea & energy from start, let them achieve. They send u away and bring relatives to occupy ur post. It happened to me before.

obajohn24:
Are you also interested in marking ?

Emeka71:
I can.

mela82:
No news yet

delvinho:
See as e be like yahoo boys format. Copy and paste. Carry am go meet white people wey like English formats from una