₦airaland Forum

Married people disengaging from their spouses (sometimes with the wife/husband's approval) to pair up with a single or married person going alone to japa as couple. They literally advertise the madness in WhatsApp groups openly these days. One person would be going for schooling, the other will become fake spouse and be the dependent, they both share the travelling expenses 50-50. A former classmate of my wife who did this also said she is doing it for her children (she has the husband's approval). Her passport still has maiden name and she and her husband no do court wedding. She did arrangee court wedding with the travelling partner and they left. Pikin dey with her mama. After the gist, I tell my wife say make she cease all communication with the weere. May we not be padis with awon ti tiwon ti baje.

Mancala:
Interesting figures but not the full picture. It will be further instructive to examine the broad categories of imports and exports for Nigeria vs India to see for example that one country imports stuff mainly for consumption while the other imports stuff, processes and exports value added products. One key example is petroleum products. Nigeria exports crude oil but imports higher value refined products which form a conservative estimate of almost 50% of its import bill. India imports crude oil but is in the top 10 exporters of refined higher value petroleum products in the world. Same goes for jewelry and precious stones, machinery and equipment, pharmaceuticals. It’s not an apples to apples comparison between Nigeria and India. One consumes its imports, the other processes a large portion with cheap labor and exports at multiple the value at which it imports.

fair enough, valid points. Nevertheless, it is still very far-reaching to say 4% weighed remittance is a major thing keeping 100% afloat. 4% major, while 96% is minor? Cmon. If there are any words sharper to describe an illogicality, I would use it. Also the ratios also tell a story oo, as their exports should be double of their imports if we look at it through the lens thru which you stated your position, but let's just say it remains as you have said it. Lovely evening to you.

Mindlog:
It is not being a Nanny, most residential children home have kids from the ages of 8 to 16, kids who have been taken away from the physical custody of their parents for reasons ranging from abuse, neglect or the child is dealing with some emotional issues the child's birth family can not cope with etc.

I have worked as a residential childcare support worker, where the children are between 12 and 15. In most of the residence, we had only one child in care and the staffing was the Responsible Individual, the manager, the team leader and 5 support workers and these people work to support only one child.

If for example you go in for the morning shift which starts at 8a.m, the night shift worker hands over to you by giving the paper works that reflects details of his/her shift from the previous night from 8p.m to 8a.m.

The role is to provide home setting for the young person, you don't bath them nor enter their room without their permission, some of the young person smoke and your job is to see they do the smoking outside of the home, be very vigilant to observe that the young person is not planning to go missing and when they do, protocol of who to call and dem plenty!....the police, the EDS, the social worker, the duty on-call person, the IRO etc and the paperwork to fill out is mind-boggling and must be accurate as possible because by UK law, those paperwork would be in the custody of the UK govt for 70 years.

much ado about nothing. They care for children, that is the textbook definition of a nanny as I shared in the screenshot earlier. Are 8 to 16yo not children? No one said they cater only to babies.

Tareq1105:
If you plan with and implement fake statistics, you've already failed and that's what Tinubu is telling you. The same statistics that didn't help Anambra people for 8 yrs but took them to 68% on the poverty index, the highest amongst 36 States, such is not advisable for Nigeria and Nigerians.

lies and more!

Adams Oloshi-omole Edo state had 72% poverty but everyone says he performed. Fayose's Ekiti was 59% and everyone says he was a criminal. Almost all the states except SW states were 60% and above. Try not to lie so much, we are in the age of information, so lying is a futile effort

Tareq1105:
If you plan with and implement fake statistics, you've already failed and that's what Tinubu is telling you. The same statistics that didn't help Anambra people for 8 yrs but took them to 68% on the poverty index, the highest amongst 36 States, such is not advisable for Nigeria and Nigerians.

lies and more!

Adams Oloshi-omole 'Edo state had 72% poverty but everyone says he performed. Fayose's Ekiti was 59% and everyone says he was a criminal. Almost all the states except SW states were 60% and above. Try not to lie so much, we are in the age of information, so lying is a futile effort

ALTERNATEID:
Oyetola is the best governor in recent years in Nigeria looking at the way he managed the extremely poor finances of Osun state. Aregbesola accumulated so much debt and still couldn’t pay workers salaries. Oyetola did not borrow a dime, paid back some of the Aregbe debt, paid workers as at when due, did some capital projects and still left money behind for the incoming administration.

Sadly, any governor that is prudent with state resources is not always popular with the people. We prefer the governor that accumulates huge debt and share everything to political cronies and state elites. In the next four years, we shall be here God willing to do a postmortem of the Ade Dancer administration.

Hopefully, President Bola Tinubu will take this guy to Abuja as Finance minister next year. He’s an excellent financial manager. We need folks like him to manage the finances of this country in this period. Posterity will be very kind to him.

by God's grace, Peter Obi will be in aso rock as president come 2023, seeing as he embodies the financial management and discipline you extolled about Oyetola here. Who needs a good financial planner as finance minister, when we can have the good financial planner as President

pansophist:
Sharp.

When I see people that are slaves to their desires, I just feel sorry for them. No inner strength, and the consciousness to even notice they are a slave. Tolerable in women, a tragedy in men.

I would like this 1000 times if I could. So concise, and yet so loaded. Your head dey there. That consciousness is lacking in a record number of people .

Mindlog:
No

lol. Flowery words for nanny

faithfull18:
Isn't this being a Nanny for short?

lol. Yeah. Flowery words, but still nanny/care worker for short.

crixlight2:
What of dependant that will be working , can that save enough money within four years to start a big business or build house in Nigeria , why I am asking you is that , I have already build a house so a friend is advising me to sell the house and move to UK with my family and within 4 years I will build the house back . I don’t want to jump into conclusion

Twoods, like the last post you tagged me in, we can see in full glare the consciousness of the majority and the real drive..and it doesn't appear to come from any depth, do you?

LadyRosa:
Naaaaaaaa.
See, chasing the money is good , but don't be the only chaser or manager.So that you won't die b4 your your time.

I never said I'd be the only one na. The statement applies to the two parties .

LadyRosa:
My guy , for these ya talk, any woman wey give you probs, God suppose punish am.

abi o . A happy home is one where you chase the money during the day so that you can smash well in a nice and cool comfy room (put together by that money) at night.

LadyRosa:
Talk to your husband.
That's what I will do if I'm in your shoes.

"...I saw this man in the shopping mall...I was just staring at him...it was weird because he noticed it too then smiled.I was embarrassed..."

Omo, the discussion go change either for good or bad but the message is already passed. You need to get 4cked!

cosign! Na to issue stern threats, no be soft words matter. How man go dey deny him wife gbola, and woman go dey deny her husband coochie? O wrong naw!

meobizy:
Proof?

Others have said it. Christian Missionary Society. I recall this from GNS101 course in Lasu

Link for study purposes and screenshot included
https://www.schoolsoftware.com.ng/history-of-christianity-in-nigeria/

Had to be an ugly ass, cone headed, one-eyed faggottt pedophile! Just kill 'it' already.

In contrast to that bro up there, my interest here is quashing the bogus and vapid claim that diaspora remittances are keeping Nigeria afloat and not which country is better to live in than the other, and this I have done with facts and finesse, per usual.

I am a very enlightened person if I do say so myself, and I will make it a point of duty to continue to expose falsities that are being propagated as truth here, albeit with verbose big English . Big English no mean wits o..gbabe!

Title of the thread is 'Lonely part of Canada No one Bothers to tell'

BigIyanga:
You had to misrepresent fact that your bank charged you N480 just to win an online argument in a namelsss forum?? Come on.. you can do better.
We have put all your conjectures to test and scrutiny.. and None stood up to facts on the ground.

Need I remind you… this post is about Naija and how it would have been easier to make there than in Canada… you have not proven your point.

I'll drop this just to shut you up. I used my paltry 20usd limit to buy an item on AliExpress at rate of 486, go and sue Access bank chief!! You will not agree even in the face of facts. No point continuing with you. Some people would have learnt a thing or two so far about the math and figures of these countries. That one don do for me. Believe whatever you wanna believe bro

BigIyanga:
Your India math is not mathing up in Naija
Your india fact is not facting up in Naija
You’re just obsessed with anecdotal evidence
We have dispelled the myths that Naija is minefield of opportunities.. you're still obsessed with Indian data with no direct relationship with Naija situation.

Quotes from Emefiele

Wetin i wan use screenshot of 'Emefoole' speech do in this instance? Diaspora remittance is a major source of FOREx supply, YES. Disapora remittance is not what is keeping the economy afloat, NO.

If you say yes, it is keeping the economy afloat, then in same vein you must agree that diaspora remittances are keeping India afloat, because they are practically the same ratios all through. I showed the math and the ratios, you are sending a screenshot of a statement made by Emefoole


How is the math not mathing bro?

I have done Import-Export and remittance to GDP ratios and both countries have comparable results AS SHOWN.

Ok, one more 'anecdotal evidence' (at least na still evidence wey dey verifiable), let's look at the foreign reserves relative to the population. Again we see comparable results, altho the ratio is not as exact as the other two analyses, and that is that:

$471b to 1.42b people, is comparable to $43b to 200m people. After this, I no dey for this argument again. Let those who read through look at the facts shared with regard to this argument and decide what is spot on and what is not.

Diaspora remittance are not what's keeping the economy afloat in Nigeria or India. 3 or 4 or 5% of a whole can never be a major force in this instance, unless you want to turn mathematics upside down, which you can't.

BigIyanga:
Story.. mention bank that gives N480/Naira.. we’re talking about 2022-23 and you’re talking about 2020… lol. In 2020 delta and foreign airlines used to charge CBN rate, but try it now.. they only accept $$

you're gonna argue this too? Na wa o. Access bank card, the rate was about 486 or so. Check abokifx card rates for last month and see for yourself. As per the company, I no argue cos I don't have the current intel, which is why I talked about 2020 when I was in the loop.

foxxydude:
Travel agents cashed out massively not UK

UK also cashed out super massively. Those mushroom universities na im go feel am pass.

BigIyanga:
So who uses CBN rate? Delta Airlines had to switch to black market cos govt could notnhonor the mou it had signed.
Do Naija banks use CBN rate? Charge your Naira card on Aliexpress and tell me how far?

card is 480-ish, I think, as at last month when I used it. I want to believe these major COYS get it at official rates for the most. Whilst I was in Vitafoam up until 2020, I KNOW for a fact we were not buying dollars from BDC.

BigIyanga:
You set no bait my friend… or you’re still in denial of how much Naija micro/macro-economic policies are centered around FX and foreign remittances.
Naija is import dependent. Its import in 2021 was around $53bn…Our export in that same period was around $43bn… So in order to maintain our foreign reserves and fulfill other FX needs, remittances are used to pay importers.. fuel import, food etc. FX remittances are so vital that CBN is incentivizing and paying diasporans to send more$$€££.
You’re still stuck on 95%vs5%… 5% is year on year… which contributes in building house, paying rent, food , hospital bills.
Your India obsession lacks merit cos it receives over $350bn in FX… so it does not need FX remittance to offset its balance of trade or shore up its foreign reserves

good morning bro. Where were we? Oh India! See I don't just do anything or say anything on a whim. I usu have verifiable facts to back it up. Basically india figures are basically Naija figures on a higher or larger scale due to their also larger scale population. The ratios are almost the same, remittance to GDP ratio same. Import to export ratio almost same. You mention 350billion but you didn't check the import figures. See it below and tell me that isn't almost same ratio with the Import-Export ratio you yourself shared for Nigeria. So you see, if you insist remittance is keeping Nigeria afloat, then you can't say it isn't keeping India afloat, cos I have been showing you back to back, (with proof, not conjectures) since yday that it is virtually same. Basically india is just like 10x of whatever you wanna calculate for Nigeria in terms of ratios, almost to a T, even population (in case you wanna go there next). Speak all the English you wan speak, the math and the figures do not lie and will not bend.

Just agree that diaspora remittance is keeping India afloat. Simple. It's your opinion, you are entitled to it. But don't tell me, there is a difference when the figures shows it is basically same scenario in both Naija and India based on this argument.
In simplest terms, 350:480 or even 500 is comparable/same as 43:53. Why is that so hard to see??

Oya remittance to GDP ratio DONE
Import to export ratio DONE
What next?

[/quote]Edited: On second thought, this is pointless. Sleep calls

BigIyanga:
India is not Naija. India doesnt have FX crisis. Keke Napep Maker Bajaj Auto makes makes more revenue $4.3bn than 20 most capitalized companies in Naija.

India Export in 2021 was $335bn while total exporr of Naija is $43bn.. so why does India need remittances to shores its foreign reserves?
India’s foreign reserve is $550bn while Naija is at $37bn. Who needs FX inflow?

also on this, can you expatiate cos I don't get. Only Nigerian breweries (2021 attached, but 2022 already on track to surpass this) and Flour mills don surpass this $4.3b at official rate, abi na black market you use ni... and FMN is only up to Q3...just those 2 alone and you say 20 loun loun!! A whole 20..diaris God oo!

BigIyanga:
India is not Naija. India doesnt have FX crisis. Keke Napep Maker Bajaj Auto makes makes more revenue $4.3bn than 20 most capitalized companies in Naija.

India Export in 2021 was $335bn while total exporr of Naija is $43bn.. so why does India need remittances to shores its foreign reserves?
India’s foreign reserve is $550bn while Naija is at $37bn. Who needs FX inflow?

I knew you would take the bait. Exports not part of GDP according to you? When you consider all that makes up the pot of soup (GDP) 4% is not the major driver be it in India, Nigeria or Uzbekistan. Shikena. Does remittance make up good portion of FX supply? YES. Is the said remittance the buoy of the economy? NO. You keep mixing the two up, and I'll keep pointing it out.

Does a region contributing 20million to a total pot of soup of 505million have any locus standi to consider itself a major reason for the whole staying afloat?? If the 4% is major, what then is the 96, a major major major majorer majorest??

Isn't it disappointing that after verbose write-ups with beautifully crafted English words, peeps cannot say that diaspora remittance is the major thing keeping India afloat, but can say diaspora remittance is the major thing keeping Nigeria afloat despite that in both instances and countries the ratio of the remittance to GDP is almost same?

Simply agree that diaspora remittance is keeping India afloat too,
e no hard na.

Yea 4 contributes more than 96....lmao.

BigIyanga:
So the infusion of capital of about 5% 4% YoY to the national gdp is not enough… when the national economic growth is less 3% YoY . Una too funny self

quick question, is diaspora remittance keeping India afloat?

Second, if your company's FY 2021 figures (500million) only grew by 1% ie. by FY 2022 (505 million) would you say a region that contributed 4% ie 20million to 505million is the main factor that kept your company afloat?

Therein lies your answer.

Ps: I have modified the content you quoted. It isn't 5%, it is 4%

IbeOkehie:
The facts are clear and that's why I didn't bother responding to him. I'm learning to sift the plausibly serious and earnest posters from those who are here to provoke and have typically ignorant Nigerian arguments.

Diaspora remittances are the main factor keeping Nigeria afloat. It's more important than crude oil & natural gas, it has more impact than the budget of the federal government. I can even reel out more relevant facts than the ones you've put out here. Again, THE SKY IS YELLOW IN NIGERIA, we have to learn to ignore that inescapable fact and move with more serious discussions.

Nonsense and ingredients.

e pain you gan o. Anyway I have also shared the facts. Do with the math what you please. In your world, 5%
4% contribution is major, but in mine it isn't.. we can agree to disagree on that basic math..lol

Diaspora remittance is what is keeping India afloat too..you get am!

BigIyanga:
How’s $20bn inflow contributing to capital flight?

I didn't say it contributes to capital flight guy. I said:
1. To say diaspora remittance is what is saving the country is somehow.
2. I am saying that the 20billie is not in one account somewhere. It has found its way into the market and into the hands of Nigerian like you and I that are emigrating on per second billing, a process which is 'forex-ized' from start to finish. 20billie credit alert entered the economy, 30billie debit alert comot. Where is the impact in that? ok let me rephrase this, yea it has some impact (cos at all at all it helps with forex supply) but stating that it is keeping the economy afloat is out of it.

BigIyanga:
Now let’s put those numbers in context. That $20bn is year on year contribution to the GDP. It doesnt include goods and services Nigerians send.. maybe another $10bn -year on year.

Also, the national budget is about $20bn/yr.. so are you saying that it’s not impactful?

Just $2bn sent to Naija by diasporans eclipses what 10 most profitable companies in Naija made as profit in 2021.

https://businessday.ng/amp/companies/article/nigerias-10-most-profitable-companies-in-2021/

Per having more $millionaires, S/Africa with less than 50m people has more millionaires - 10k of them than Naija with 200m. They have more millionaires per capita. Why??

https://africa.businessinsider.com/local/markets/10-african-countries-with-the-highest-number-of-dollar-millionaires-according-to/ntd6by1.amp

The only good thing about having business in Naija, is that Nigerians control and own the country. You can stay in a -5star hotel owned by Naija, use telecommunication network owned by Naija, fly on airplanes-owned by Naija, use banking and financial services owned by Naija. But make no mistake about it… the odds of you being one of these owners of Naija are slim to none.. without any political connect.

but why are you totally ignoring the capital flight like I pointed out? You are looking at only the credit, shouldn't you also consider the debits? Remittance value may be almost equal to the budget, agreed, but it's not like it is what is funding the budget. What you aren't seeing is that the 20billie isn't staying, it is leaving as it is entering. The entire japa-driven capital flight for this year alone will be far more than 20billion USD, excluding Forex payment needs for businesses, imports etc