₦airaland Forum

The pastor of a friend of my informed him that he will love to have his personal website where sermons can be uploaded daily and books can be purchased online -that is installing paystack so that Payments and donations can be made to the church.
Now I introduced him to one IT guy in PH, the guy billed him $4000
This my Friend went to Lagos and got someone who offered to do it for 400k within 2weeks and will also train 2 people that'll be servicing and uploading sermons on the website.

Now, is this feasible with 400k and did the PH just want to rip my friend off?

This one just destroy himself

Penguin2:
Tor!

This one na Aboki statistics concocted at a gworo chewing stand in Kano.

I kept reading to see if Daily Trust will quote the source of the statistics but it couldn’t.

How can you tell me that Yobe generated 9.2bn of VAT in the period under review while Abia generated 2.2bn? How? What is the market or industry or government workforce that generated such money?

This is some piece of trash that will only accepted by zombies as authentic.

Another thing we need to do is to study the history of VAT generation of these states and juxtapose it with this present report and get a clearer picture.

This people can lie about anything.

That’s how they went on Google after 2015 elections and changed the population statistics of Nigeria to state that the Fulanis are the second largest ethnic group in Nigeria after the Hausas.

But fools keep cheering them on.

Even at that, every state should keep their vat just as u keep ut igr

DubaiLandLord1:
The CBN will soon make a law, if you borrow and you don't pay back... Anytime wey money enter the bank account linked to your BVN, them go comot your money with interest sef.

I don't understand why some of una go dey borrow money without paying back.

Bullshit

This is already in existence. It's called BVN 2.0

Putin/Russia always testing weapons.
How about inventions that move mankind forward?

ChangedMan1999:
v


OK it is a private investment.


Now, why call the Chinese to aid in the construction when our universities produces quality engineering graduates.


Is it a bad thing to pay our engineers the money that would be paid to these Chinese in the end.


Every action has its consequences.
These Chinese won't consider us humans. Try to understand this.

I don't know if someone has responded to you but if you understand private investment you'll realize that often time business men don't always have 100% of all they need to venture into businesses and enterprises of their choice. What option do they have then?
Borrow from commercial banks: banks in Nigeria do not give loans whose repayment are longer than 36months at most, the best you can get in Nigeria is 60 months and these are often CBN loans, and you know projects like this are long term projects whose returnnok investment are often also longer, so Nigerian banks will not listen to you.
What other option do they have? Look for other like minded Nigerians who have this kind of fund required for such project and are ready to invest long term. If I may ask how many Nigerians are ready to do this or rather how many Nigerians have the kind of funds required for such?
Finally what other option do we have: look for foreign investors to partner with you on this. This is where the Chinese come in. The individual Chinese may not personally have the monies but their govt have transnational banks that lend to Chinese going to other countries to build big projects at low interest rate and longer tenors of up to 10 to 15 years.
The Chinese have soft power. What is soft power? Enough Dollars to throw around?
Now if you are going to Kenya to build a university won't you want to go with some of your architect's or engineers etc? Of course you would especially when you're the one bringing most of the capital. But you'll also employ some locals there.
This is how private investment works. In the referenced investment for instance the Nigerians there partnering with the Chinese may not even be contributing cash, their only contribution is that they may have purchased the land to be used in the project and the business will be in the ratio of 60:40
60% to the Chinese and 40% to the Nigerians or even lower as the case maybe.
S this is how private investment works

dasparrow:
Honestly, I have my reservations when it comes to the Chinese. No group of people do anything for nothing. What's in it for the Chinese? Not only that, these Chinese are the same people who threw Africans out of their homes in China and tried to blame Africans for coronavirus. The Chinese are extremely racist and their presence in Africa makes me nervous and concerned. This is how Whites came to Africa back in the day bringing 'greek gifts' and acting like they have our best interest at hand and before we knew it, our people were enslaved and shipped away to God knows where while those who were left behind were colonized. I don't trust other racial groups not because I am racist but because history has shown that they never mean well for us. Just saying.

So who would we rather turn to for development, capital and technological help.

verybadmouth:
Enjoy your new job. Save up all you can and leave Nigeria for US or Canada for Master's. There you can exploit your potentials to the fullest. See that bank you're working with now at your tender age will use and dump you and make you unemployable because the job market will not be as favourable as it is now that you are young. So save enough money to fund a master's degree in US or Canada. Abeg. No dull yourself oo. You will make it with your biochemistry degree better than working in one yamayama yahoo yahoo Nigeria Bank.

Check my signature for your fastest route to getting your dream job.

I love this response. As a banker myself, this is the best response so far.
December next year will make me 9 years in the banking industry. Withing this period I have earned a masters and PhD degree. My anticipated checked out from banking is March next year. I'm also pursuing the Canadian dream.
My advise, give yourself a target of say 3 to five years, write the goals u want to achieve. Education? Very important to prepare yourself for the future. I pursued a PhD so that at the worse I become a lecturer or hunt govt appointment. This has also enabled me chase the Canadian dream,lol.
So plan. With fintech and the telecom giants going into financial services, trust me jobs in Bank will become even more u secured (its not even secured even at its best moment)
Banking should be your launching pad. Trust me, you will become a Professor far far far far more faster than growing from an entry level to become an AGM, DGM, GM, ED, and CEO.
Lemme give u an idea check from your ET level to a full manager level, check the number of levels, you'll get what I mean. Except you have someone giving 1bn deposit, I doubt u can climb higher every year in banking. It's been 9 years for me, just one promotion. But I'm happy with my degrees cos it's only a matter of time, tick tok

ramaju:
It is part of Know Your Customer (KYC). This verification is done on every new account to establish the intention and location of the owner of the account in case there need for visitation. Again the banker is gonna write visitation report of the customer. The color of the building, the gate and all those details are for visitation report because the banker is so lazy to go and see things by himself.

The banker is so lazy himself.
Come and kill banker na.
How many houses will he visit and carry out his other responsibilities?

shaybebaby:
Credit card is type of unsecured loan. With no securities backing the loan amount, the risk of lenders not getting their money back is higher.

Now, risk cannot be eliminated, it can only be managed or minimised. And with nothing in place to minimise the risks of defaults, sadly it will be virtually non existent in Nigeria for now.

Things used here to minimise risks usually include borrowers to demonstrate

1) proof of places lived spanning several years ( To be double sure you won't runaway)..utility bills, payslips, electoral roll, bank statements to that address.

2) pay slips and bank statements- to determine your income and based on that, the (un) likelihood that you can afford repayments.

3) information on your outgoings/ expenses to further buttress point no 2.

4) Credit history, whether you have any current debts, your history of paying those ( previous defaults, their frequency etc) ie how you have behaved in the past with other people. If you have no history, you are riskier.

In summary, the average Nigerian will have access to Credit when they can demonstrate that their are credit worthy.

So let's be honest, how many people can demonstrate the points I have listed above ( honestly without fudging anything?)

As someone mentioned, with unemployment at the current level, it is reasonable to expect that MOST will default.

With high levels of inflations, interest rates on the credit cards will not only carry a risk premium but also an inflationary premium meaning the repayments will be higher and thus adding to the financial difficulties of the holder.

Nigeria isn't ready for such on wider scale just yet. Too many unresolved underlying issues at present.

Nice write up, however there are ways round this.
I plan on starting up a credit card fintech, there are two already in the country and the opportunity is there. I just need like $100k to start

drlateef:
You can choose and pick. That’s the tendency of a biased mind. Not that of a critical mind.

Same way you choose and picked. That's the tendency of a biased mind, nay a tribalistic mindset of supporting Tinubu because he's yoruba like yourself.

drlateef:
Joe Biden is far older than Tinubu. Same with Putin of Russia, the Chinese leader and the ruler in Dubai. Apart from intelligence you also need political sagacity and ability to manoeuvre and lead people. Many of the young ones only want to steal and run away. The yahoo yahoo culture of get rich quick has destroyed the moral fabric of the young ones. So, no hope in the young ones too. Dimeji Bankole, Yeye Bello, Orji Kalu, are some of the young ones who have nothing to show for their leadership.

Let's be circumvent when making comparisons.
Joe Biden of America? You're talking of the great America whose system works. The system was once again tested early this year by Trump who wanted to remain in power by all means despite being one of the most powerful man in the world. But the enduring system Sent him away.

Putin of Russia? I don't think any country that aspires for real growth, development and betterment of the lives of her citizens look to Russia for comparisons. Pls call Canada UK, France, New Zealand, Germany, Luxembourg, let's compare ourselves with these countries and their leaders pls.

Xi Jinping of China? Yes he is 68 years old today but assumed office at the age of 60. Tinubu is 69years old today and plans on assuming office at the age of 71 in 2023. Them swear for us ni?
Aside that, you're comparing us with China where death by hanging is the punishment for corruption? Haba

Is Dubai a democratic country like us? No basis for comparison.
Yes there are the Bankole's, yeye and kalus of this world who have disappointed is, nonetheless we still have the Peter Obi's Soludo, Fashola, Ondo gov, Oyo gov, Zulum of this world that are making us proud.
No to Tinubu pls

Omoluabiii:
we have chosen Asiwaju Bola ahmed Tinubu,
Reason being that he has been the Magic propelling the progress of SW states. Thats why we chose him.
He deserves to be given that chance.
He might now get there and do something else oo, thats another case study, but looking at his support and leadership back from the days, he's tried and deserves to be given a chance.
Or what do you think?

I will take Fashola over Tinubu.
Nonetheless, it's time for the south East to rule.

drlateef:
Tinubu needs no crude oil to develop Nigeria. He is highly intelligent and he employs intelligent people to work for him. Lagos had no crude oil when started developing Lagos. Today, Lagos is far more developed than the best crude oil producing state in Nigeria.

Won't it be nice we vote one of these "intelligent people"?
They'll certainly get other intelligent people to work with them.
The world is leaving us behind in everything and we still want grandpa's who should be home with their grand children to lead us?
Pls I'm a yoruba man. Tinubu should rest.
I see "Dr" in your name, are u not intelligent enough to lead?

benuejosh:
Jagaban Borgu, Chief Bola Adekunle Ahmed Tinubu has the qualities of good leadership and can do so perfectly well, but, Jonathan and Zulum 2023!
Power has to come back to the North after four years!

What do they want to do with power in the next 4years?

Everyone will bury their ambitions for an igbo man eventually. Let's not waste our time on this. Im a yoruba man and I will not support anyone aside an igbo man for the presidency.
Either President Peter Obi, Umahi, soludo or nothing.

marwanafrica:
I am from Niger State and there is nothing left for me in Niger as the State is stagnant in times of employment and oportunuities, i am a graduate,Geography BSC. The nature of laundry job i do is that i bring customers to the company and at the end of the month the company remit 30% of interest for me,and this interest is pensionable even after i decides to leave the company and some of these customers brings laundry service repeatedly every month, in some month i get not less than 20k as my 30% commission even without going for marketing.

While doing this job pls get busy with other things, constantly look out for other opportunities. This job is now almost on auto pilot- your old clients keep bringing cloths and u keep earning. Pls find other source of income to augment what you already have. Try teaching, trading, foods stuff is big deal, find reliable contacts in the south or west, find how u can be sending potatoes � and other stuff here. Price of food is rising, guess who the biggest beneficiaries are? Think wide bro.

namiji2598:
I am a Master class when it comes to chemistry, man forget it the Hussle no just easy as u dey type am so, I stay in the north, the last teaching job I did was 15k a month, is this the kind of job you want me to do and go for M.Sc? I got another teaching job now 25k a month in another state, I just relocated and in just a month in the school, the students all like me, everybody now sees me as the best teacher in the school but those bullshit does not really count as we all know.... You are here typing 50k, 35k teaching job, 20k lessons for 3 student.lols.....naso e easy for your own street? If you know the kind jobs I have done in my life just to survive bro, you for no dey reason me Masters and PhD matter .....if u get job just connect me

Hmmmm.....let me be silent though.
No one owes you nada.
On a normal north no like education, that's if you're in the North. Even if they offer u 15k is that what the best sch in the state is offering? Which state are u based?
When I said 20k lesson, I meant 20k per child, gather 3 kids paying you 20k each that's 60k plus the 50k salary and you'll have 110k in a month.

Comprehension.

If you're really a "master class" in chemistry, sit down and list the top 5 schools in your state and send your CV there, there's no how you won't get something (if you are what you say you are), better still relocate to Abj or other education living states closer to you to sell your craft to the superb schools there and make a living for yourself. If I were you, I'll target boarding schls that MAY even provide accommodation. Teach, get lessons etc. Who cares about being loved by the students when you cannot monetize your skills?
We are educated so we can monetize our "master class" skills!
I can list at least 5 secondary schools paying teachers above 80 to 100k here in PH.
Your location matters!
No one is asking you to go and do MSC when you are not financially stable.
I think you also need to change your mindset, very critical!
Going through this thread a guy with 3rd class seem to be living the life I want working for unicef, cos his mindset has taken him to where he is. No one has it easy, I don't have job to give, I searched for mine and went through the process to be where I am. Run your race bro.
Ciao.

Westerville:
Create a LinkedIn profile and start applying for jobs,in 6months time come and thank me

Trust me, you won't get a job in LinkedIn in one year if you don't have skills employers are looking for.

[quote author=marwanafrica post=106701747][/quote]I don't know where you're from but when a fresh graduate is done with NYSC they often migrate either to Lagos, Abuja or Port Harcourt or the state they reside. I want to assume you're not a Northerner, and you choose to stay back in KD, what makes you think if there's a recruitment you will be picked above other core indigene or Northerner?
I served in Kano, Tsanyawa lga precisely. Immediately after nysc I came back to PH. From PH I traveled to Lag and Abj for various recruitment test. I had the cash to sponsor my trips cos I was working and doing lessons. But this is if you're not a Northerners.
And if you are, are you a graduate? Can you teach? In every state there's always going to be top schools and employ good hands and pay well. I'll prefer teaching, trade etc than doing pay as you work for a laundry company anytime.

namiji2598:
I was the best in my department, second class upper 3 years down brother yet no job.....I have done several kinds of Hussle yet the money is not forth coming.on God sha

What kind of jobs have u been applying for?
We must not all work in offices and knot tie.
After nysc, I immediately picked up secondary sch teaching job, 40k. Money I made from nysc I used in picking up msc form. I was teaching in secondary, doing msc and ofcourse missing classes, but was also making money doing lessons for students. All the while I kept applying for jobs.
I wrote recruitment test for FBN, spdc, mtn, vmobile, stanbic ibtc, standard chartered Bank and union Bank. It was when I started writing my thesis that Union Bank clicked for me. 1 year inside union Bank, msc done and dusted. Immediately I picked up PhD forms. Years down the line I'm a PhD holder.
Morale? Get busy.
Applying for jobs is not an excuse to be idle. Schools just resumed, send your CV to schools you'll be surprised. I advised someone on this, she got two offers. One sch paying 35k and another paying 50k. She took the 50k. Weeks later, she told me that teachers make cash from lesson in the sch, lesson there is 20k per month, gather 3 students do lesson for them and you are paying yourself.

Funny enough you studied Chemistry and education I think, wtf are u looking for with a safety certificate when your line is education and you can use that as a spring board? Except you really don't know Chemistry well, do you know how many parents will pay for lessons for their science kids to study Chemistry and physics? Dude,....

ednut1:
i’m not a recruiter or a banker so I have no idea.

Thank you very much.

ednut1:
visit cpa website and follow the steps. Its about 6 papers in 2.5 years. There are also some masters and pgd accredited by cpa which allows you skip some cpa papers. Regardless of the option you will spend over 12k . As for me i dont have strengh for all this , going for CPA usa- 4 papers and costs less than 1k lol. Will just move to usa later or work remotely.make nobody stress me abeg

Hi Ednut,.
Since you're in the finance line I'd like to know my job options in Canny. I have 9years experience as a banker in Nigeria and also I have a doctorate degree in economics, all in Nigeria.
What should be my options and what should I focus on in Canada?
Thank you

NGpatriot:
This is huge, this a huge stamp of approval and global recognition for Eko Atlantic, this is going to be the place to be for all the major foreign embassies and consulates, the US just opened the floodgate.

Congrats to Eko Atlantic, Lagos state and Nigeria.


Thanks to Assiwaju Tinubu as usual for his wonderful foresight and brilliant vision.

Exactly.
Forget the oil majors. Nothing will make them relocate from Lagos to the Niger Delta.

Second grade cities.
Hmmm
Nigeria

Ibkhaleel:
The North is the single largest supplier of raw materials in all Nigerian industries, from food through agriculture and cloths to shelter through cements and other building materials available in the Northern rocks, including iron ores and ceramics.
The North have Gold, Diamond, Tin, copper, gypsum, coal, magnesium, etc and even uranium all over the area.

A liter of groundnut/cotton oil is more expensive than a liter of oil, and it has long industrial chain value , from pharmaceuticals, detergents etc.

The cows that some few people condemn is over 20M in number in Nigeria, when properly harnessed and utilize, if a quarter of this number can produce a liter of milk a day, it means the North will have 5M liters of milk per day, each liter is N350, much more that a liter of fuel.

Marrying four wives will not stop as it is never a problem but a great social system. Once we assert control on what is rightly ours, that self concious timidity will evaporate and be replaced by confidence and bold enterprise. Up to the Seventies we were the richest people in Africa. As the central government grows and  takes control of resources our wealth progressively dwindles.


Dantata was the richest Man in Africa and was the grandfather of Todays Aliko Dangote Up to the Seventies we were the richest people in Africa. As the central government grows and  takes control of resources our wealth progressively dwindles. As the southerners intensify drums of hate and aggression we draw back to give peace, that is never forthcoming, a chance.

I totally agree with your 1st, 2nd, 3rd 4th and 6th paragraphs.

If this is truly the case then the North have no reason to be backward, with high negative indices on development indicators. If these indicators are efficiently utilized, why would you have the lowest education attainment ratio in the entire country?

From what you have said, it means that the problem of the North is clearly not the South. The problem of the North is the North.
You have to look Inward and retrace your steps to where you all left it. The south are tired of putting up with the problems of the North. Take your destiny into your own hands.

Ibkhaleel:
We must ask and take our fair share of every government employment at whatever cost. No people has ever prospered when their resources, oppurtunities and chances are blocked and dominated by others.  Our constant preachment of peace must stop: justice and and equity must be our new slagon. 


The real problem is believing in the propaganda of the enemies which saps our resourcefulness and infuse our senses with feelings of backwardness that really do not exist, or are caused by false perception. The greatest defeat one can suffer is to see oneself as projected by one's enemies. 


Almajiri is system suffocated by lack of finance. Poverty is a direct result of economic domination and exclusion. Degrees are not unavailable. Marrying four wives will not stop as it is never a problem but a great social system. Once we assert control on what is rightly ours, that self concious timidity will evaporate and be replaced by confidence and bold enterprise. Up to the Seventies we were the richest people in Africa. As the central government grows and  takes control of resources our wealth progressively dwindles. As the southerners intensify drums of hate and aggression we draw back to give peace, that is never forthcoming, a chance.

Lol, "We must ask and take our fair share of every government employment at WHATEVER COST"

What are these "YOUR RESOURCES"?

By all means, keep marrying 4 wives bro. If possible increase it to 5 or 6

We support you.