₦airaland Forum

Easyincome24:
You spot this in front of your gate, what’s your next move?

Run

Dismantle it

Call boys

Pour anointing oil/water

Take the money

Eat everything

BigIyanga:
Treasury bond roi is is 8-11% while inflation is above 20%… he will be still lose. Liquidity in Naija attracts so many beggars, families and friends needing help.

Easyincome24:
It's good one plans his/her life early enough to avoid story that touches.

Some of our parents never believed that the country will become what it is today.

My father told me how cheap lands were in the country when he was in his 20's. He regretted not investing enough due to shouldering many responsibilities especially bringing his siblings and extended families to the city. He nurtured them till they became of age. When he realized what's up, time has exceeded him as we the children have needs too.

Now, I'm asking the following question: between owning a car or house, which would you advice someone in his 20's to acquire first?

Both can yield returns as long as they can be used in the proper way for investment.

Can we have more people comment on this to help many who are still in their 20's and able to fund any of the assets?

Note: Some young folks are doing legit work earning in $$$. I have some techy guys in their 20's as software developers, Blockchain DAOs, Freelancers, Content creators, YouTube influencers, Social Media Marketers, 3D animators, AI engineer, Bitcoin minning. They evolve around tech working remotely. So, not all of these guys in their 20's are yahoo yahoo, at least these ones I can guarantee.

We engaged in a discussion where they raised the above question about which is best between owning a car or house at their ages.

gabbytabby:
Unfortunately it’s a Nigerian thing.

No matter the good intentions of the government, there will always be those who will fraudulently posture for every programme and collect money or goods that they divert.

After a while I got better at building 9ja properties by taking into consideration the Nigerian factor, entrances away from each other, limit interaction by where you put the veranda, safeguard the kitchen, 2 separate verandas for gen and gas cylinder, provide places for spreading clothes to avoid them turning your house to a baracks, try to separate the utilities as much as possible. All this just to limit your stress as a landlord.

lazkizz:
hello nairalanders

lemme just go straight to the point , my elder bro called me today and told me he just go a gig in the USA .
His an architect , so he applied for the gig online few weeks back. luckily for him they sent him this mail below.


* I recommend you read the mail carefully, am not an architect I don't even understand what's the job description , but my bro knows every details.

* is this legit or it's a scam ??

* and if it's Real ,we don't have and know anyone in the USA..... so pls I will need the help of a good samaritan in the USA to help us with the below requirement.

Thanks.

gabbytabby:
Maybe you are a diaspora cos a lot of Nigerian rice production and poultry for meat happened and I hope continues to happen.

Stay on focus all of Nigeria’s problems cannot be undone in 10 years or one statement. All of us need to keep asking ourselves what we do to contribute to the problems and how do I fix it.

Be a part of the solution.

thorpido:
That thing is so rampant in Abuja now.

gabbytabby:
Maybe you are a diaspora cos a lot of Nigerian rice production and poultry for meat happened and I hope continues to happen.

Stay on focus all of Nigeria’s problems cannot be undone in 10 years or one statement. All of us need to keep asking ourselves what we do to contribute to the problems and how do I fix it.

Be a part of the solution.

gabbytabby:
Maybe you are a diaspora cos a lot of Nigerian rice production and poultry for meat happened and I hope continues to happen.

Stay on focus all of Nigeria’s problems cannot be undone in 10 years or one statement. All of us need to keep asking ourselves what we do to contribute to the problems and how do I fix it.

Be a part of the solution.

Seems you arent following the cbn expose... Tinubus govt are still recovering the billions of funds emfiele/buhari loaned out which should have been for the main purpose of the same local production you are hyping but guess what it wasnt loaned to the right farmers/businesses but to stooges and friends who have no intention of paying back..as per the local production how many grants were given to the right smes?? Hw many rice farms that can produce what nigeria eats did buhari commission?? The poultry you talking about is still a private business and buhari did nothin to support them in fact under buhari the feeds became more expensive making it unsustainable, the few states who have hectares of rice farm cant plant cos of boko haram/bandits yet you lauding a fake restriction tht was meant to favour northerners and the likes of dangote...
Moreover just so you know we were still importing tonnes of rice under buhari's tenure..

Dogalmighty17:
Believe the rubbish above at your peril. What business does the cbn have with the parallel market? The parallel market exists simply as a result of the failure of the CBN to make dollars available so people have to source for dollars elsewhere. The simple truth is that Nigeria is not earning enough dollars. The profligacy and wastefulness of the Jonathan and Buhari government is beginning to catch up with us.

The billions of dollars being stolen from this country has brought Nigeria to its knees. Instead of addressing the thieves, the APC and PDP rather chose to embark on borrowing mindlessly. These loans have to be paid back and serviced in dollars. Presently 96% of Nigerias earnings are channeled into debt servicing. Which useless and stupid CBN governor has been in charge for the past 12 years? That fool Emiefele.

There is nothing the CBN can do now. The present CBN governor is very senseless with this poorly thought out policy. There are better ways to seek harmonization of both the parallel and official market. In the first place, it is even wrong that selling of currency is even a business. That is a very fundamental failure for any Central Bank.
If the CBN can't guarantee availability of dollars in the official market then this policy is as useless as it comes. The parallel market only responds to the official market. The dollar didn't cross 1000 naira until Tinubu came up with a supposed harmonization policy. We all see what a disaster that has become.

BUHARI WAS AN ILLITERATE WITH HIS IMPORT RESTRICTION POLICIES. HE KILLED NIGERIA.
Every economy has things it produces cheaper than other countries. So it is advisable to dwell on what you can cheaply produce and import what another country can produce cheaper. Import restriction policies are failed policies. Nigeria will never be able to produce rice cheaper than India and Thailand can. Restricting imports only forces the prices of inadequate local supply to rise. Just as we have seen local rice do. Multiply this scenario across a number of other sectors and then you understand what damage Buhari really did.

The ban on poultry importation pushed so many people into poultry business. This created a huge demand for poultry feed that the feed making companies in Nigeria still can't meet with. The result, high price of feeds, which leads to high price of birds and eggs at the point of sale. The present price of a crate of eggs is twice what it was at the end of Jonathans tenure.

Nigeria has too many built-in economic efficiencies. We do not have the knowledge base for tertiary industries and secondary even. We can't drive a 21st century economy primarily on subsistence industry. Government can't keep paying lip service to science and technology and expect things should change. It is far easier to steal and which is what our political class have done and keep doing. I have nothing but utter contempt for them.

gabbytabby:
He wanted to grow internal production so this is a good idea but it should not have lasted for so long.

Most countries who use this only use it for not more than 2 years to give a headstart to their industries but the right time to reverse is as soon as the FG stopped the essentially subsidising foreign exchange transactions and transfers.

Thank you PBAT Nigeria go better. On your mandate we stand.

Penguin2:
Placing FX restrictions on these products was well intentioned but I guess other variables made it become unattainable for now.

The CBN is therefore right to lift the restriction for now so that the importers of those items will not be putting pressure in the black market which adds pressure to the Naira.

It’s an intricate situation really.

dexmond:
Nigerians should ask the government the following questions:

1. What happened to all the dollars that come into the country via crude oil sales? How does CBN handle it for the government?

2. When the formost economist Mr Boyo was alive, he spoke about how activities in the parallel market gets very active during FAAC allocation. These spike in the parallel market activities were usually driven by wholesale demand for dollar by politicians. The question is, what do politicians do with the dollars if not to store in Septic tanks or send it to offshore account.There should be a complete ban on BDC operations.

Nigerians should be asking these lines of questions.

Seefinish:
The same party that banned those products is the same party that lift the ban.
APC has nothing good to offer the country.
The two presidents INEC forced on us from APC don't have traceable ancestry and educational qualifications.

CilicMarin:
I am sure this guy is very innocent...Anyway lets wait for the full investigation..

I don't follow mob!

iammolise:
This is not a function of failed govt, govt can only do so much, the problem bedeviling environmental sanitation is we the people of Lagos state, we are careless, reckless and negligent, not to mention stubborn too, we would cry govt this govt that but you as a lagosian what have you done personally to justify yourself and prove your environmental hygiene

kelvine:
This is the community they have LUTH one of the biggest teaching hospitals in Nigeria.

More money for the hospital.

gentposh:
Pls married men in the house help him out here...

My friend just called men to as me . I am yet to reply him

ebijimi7:
Good morning landers, its a beautiful thursday morning here in lagos,
Ok so straight down to the business without much hassle.

It goes like this, ok I have this girl I'm dating she has been a lovable soul a friend,partner,lover and mother.

She is caring also I have never met a girl like that in my life since I became an adult the only person that I know has those quality she possessed was my mum which is late now.

she is from kwale I think a town In delta state and I am from ondo so we have been together for couple of years now.

We had a heart to heart conversation she told me about her past and I also told her about mine.

Though I've dated some substantial amount of ladies sha, I don't want to mention before una call me (Ashewo or brostitute ,

So in the long run while explaining she told me what transpired between she and some of her exes the ones that kept deceiving her and collecting money from her she mentioned about 10 of them which she actually supported to to travel out of the country but they neglected and dumped her after they got over sea, more of like she fell into the hand of bad guys.

What kept ringing in my head and making me scared was the fact she made out with some of them and I still get angry knowing that fact sometimes she would be crying that I'm using her past against her just because she was inlove and it didn't work out within she and any of her ex .

I love her but her past kept dragging me back and making me scared of taking the next step.

Not to mention all of what she has done for me but when I lost my mum she stood by me all through the difficult times she prays for me she was with me at the hospital for days until my mum passed out.

Looking at these are qualities I get confused the more because I dint know if I'm making the right decision by letting her go she rarely ask for anything

Please your candid advice I'd needed

tivta:
The truth is, girls will always be the major causality cause of gullibility, greed, thirst for material things or just natural body weakness.