₦airaland Forum

slurryeye:
And who told you an Ikorodu man is not a lagosian? The point he was trying to pass to you is that Lagos is a Yoruba land governed by Yoruba people shikena.

Did I say Ikorodu man is not Lagosian?

slurryeye:
And who told you an Ikorodu man is not a lagosian? The point he was trying to pass to you is that Lagos is a Yoruba land governed by Yoruba people shikena.

I hear you.

Let your C/O expire first, then you go tell them at the office that because you are "Lagosian" you deserve automatic renewal of the C/O...
Many of you don't understand how these things work.

Username189:
You have said it all Omoluabi. May Olodumare bless you. I know they will learn, just like their ancestors did. I just hope they don't learn the hard way.

Learn what?

PeterKbaba:
Something you don't seem to understand is were ever you're born, you don't envy or want the place to be destroyed. The Chagoury brothers are proud Lagosians, you don't hear them screaming the Lebanese has conquered Yoruba Land, who own Yoruba Land. Go on youtube and watch their interviews, they say it proud, Lagos made us, we are proud of our Nigeria (Yoruba) heritage.

If you are Igbo born in Lagos, why are you afraid to accept and say it out loud, that you're igbo born in Lagos and you love your Yoruba heritage. Why do igbo's try to drag a Yoruba city with owners, saying it's a no man's land, when you all know that the Awori families, who sailed to Lagos from Ile Ife owns Lagos. You all know that Lagos has tens of Oba's, hundreds of cheifs and baale's, you know that Lagos is been Governed by Yoruba's, you know that any street name is been named by the authority.

So were is all this Lagos is a no man's land coming from, we have all tribes and over 300 ethnic groups living in Lagos, ask yourlself this question: WHY IS IT ONLY THE IGBO'S ALWAYS THE ONES CALLING LAGOS A NO MAN'S LAND.

Is either you are proud of your igbo roots, or you assimilate yourself into a new Yoruba heritage and be proud of it.

And besides, I don't shout that Lagos is no man's land, if you check my posts I never subscribe to that, but you guys have to accept it that indeed, an Igbo/Warri/Aboki boy who was born and raised in Lagos is very much Lagosisn as A Yoruba boy from Osun/Ekiti/Ogun born in Lagos too

PeterKbaba:
Something you don't seem to understand is were ever you're born, you don't envy or want the place to be destroyed. The Chagoury brothers are proud Lagosians, you don't hear them screaming the Lebanese has conquered Yoruba Land, who own Yoruba Land. Go on youtube and watch their interviews, they say it proud, Lagos made us, we are proud of our Nigeria (Yoruba) heritage.

If you are Igbo born in Lagos, why are you afraid to accept and say it out loud, that you're igbo born in Lagos and you love your Yoruba heritage. Why do igbo's try to drag a Yoruba city with owners, saying it's a no man's land, when you all know that the Awori families, who sailed to Lagos from Ile Ife owns Lagos. You all know that Lagos has tens of Oba's, hundreds of cheifs and baale's, you know that Lagos is been Governed by Yoruba's, you know that any street name is been named by the authority.

So were is all this Lagos is a no man's land coming from, we have all tribes and over 300 ethnic groups living in Lagos, ask yourlself this question: WHY IS IT ONLY THE IGBO'S ALWAYS THE ONES CALLING LAGOS A NO MAN'S LAND.

Is either you are proud of your igbo roots, or you assimilate yourself into a new Yoruba heritage and be proud of it.

I am proud to be a born and bred Lagosian too (Even tho I am now a Nomad I still consider Lagos my home)
And I will never wish Lagos to be destroyed because Lagos is the star city in Nigeria.

That said, Yoruba people wey dem born for London are Londoners but many just dont drop their origins just like that.
So what do you have to say about that

djbobby007:
if u own d land as u claim y wud u go and renew ur CofO,will u renew it free?can d govt reject ur application?

So if Osun man, or Ikorodu man who bought Land in Sat Yaba's C/O expires, him sef will not go and renew it?

or you think his application will be approved express because he/she is Yoruba?

You people sef

PeterKbaba:
They are half Yoruba half Lebanese, they were born in Lagos, so they owe it to their mother land.

Who told you Chagoury are half Yoruba?
So A Lebanese born in Lagos is more Lagosian than an Igbo boy (your country persin) that is born in Lagos

You see unaself

djbobby007:
no need for argument,u can't own land u can only get 99 years lease .all land will surely go back to d real owners, the aworis,u will never never understand until u av ome leased to u

From what you have written it means you don't know anything about the land use act.

Once you have sold your land, that land is no longer for you.
Moreao, all lands belong to the office of the state government, who gives C/O to both "indigenes" and "foreigners"so when the 99 years expire, you have to go back to who issued you the C/O (state gov) to get a renewal, not any mumu Awori or whatever you call it.
P.S. Yoruba man from Kwara/Osun/Ogun will need to renew his C/O too. lol

slurryeye:
I stayed in southeast for a while, guess what I saw? Their capital city is a little developed as any capital city in Nigerian state except Abakaliki that's like a town. But once you step out of the capital city, all what you'll see are thatched roof buildings, brown roof buildings and a few modern buildings except in commercial cities like Onitsha, Aba. That's why I laugh at these mofos when they call Yoruba brown roof. Not only do they have brown roofs in their towns and villages, they also have thatched roof

Look at this mugu; D

djbobby007:
wat property are u talking abt,u better remember ur family member is only 99 years land lease they are calling property.check ur document

Who is the "they"?

You better read the land use act well..m

so this guy spamming this place with pics and talking rubbish, what is your point?

MariamAdesola:
Hi Ugosample,

Please, do you have an idea of the market to get dried fish in Cotonou (Bulk purchase). It is to be used for fishmeal
Thanks and God bless everyone who has contributed to this thread as it is an eye opener.

Honestly speaking, I have no idea

Sorry

2scorehigh:
I'm just wondering…

What type of job/s will you enjoy doing for free not minding whether you get paid for it at the end or not? It might be something like your hobby, an activity or activities you like to engage in, a volunteer program or something of that nature, as long as it helps someone.

As for me, I know I will teach O level Mathematics for free!

What about you? What type of job(s) will you like to do for free?

Translations.....
I can translate for free...
As well as a volunteer teacher

All of you blaming America for Syria's woes are not serious.

What of Turkey and Saudi

Or you people don't know that if a country in the middle east is not run by a Sunni or Sunni style, those blood thirsty neighbours will do all it takes to remove you?

Is Saudi not supporting the rebels?
Is Turkey not supporting the rebels?
What of the other Gulf countries?

The middle east is just filled with idiots, and till they get wise, and unite as Muslims, their homeland will continue to be a battle field.

Nomswag:
my friend turkey will be fu*ked up by russia and usa and nato combined together can't do anything.

Russia knows better than Bleep with a NATO country, because when the others descend on Russia, the same people hailing Putin now will be crying for him

Chriswazo:
okay, i thought as much, thanks bro.

Exactly, and you are welcome.

Chriswazo:
Thank you sir for this direction, i will even save this your comment for future reference. I don't think money will be a problem since I have good reasons for it, i will even add Cameroun to the list, so my goal has changed to 6 countries. I guess 200-250k suppose to accomplish it, that won't be a problem by His grace.

It depends on how long you want to spend in each country tho.....
250k is a good start trust me...
And by God's grace when Naira appreciate, !that 250k will have more value.

Chriswazo:
Ugosample, please i will like to know, is there any difference between ECOWAS passport and our international passport.

It's the same o, our green cross

You get your international passport at the Immigration office in Festac, Ikoyi and Ikeja if you are in Lagos.

Chriswazo:
My brother i won't lie to you, it was an eye opening to me, i learnt many many things like the yellow card process, the CFA currency and a lot about West African countries. As a matter of fact, i have included it in my short term goal to travel at least 5 west African countries before end of 2018 and i know with the fire you people ignited in me, i will accomplish it. On a serious note, i started reading this thread from around 1pm to 6pm, word for word. I don't want to stress myself tagging all of you that really contributed immensely, Thank you all for the info shared. I have come to dwell on the TRAVEL section, it really rocks more than i expected. one love pple.

Nice one bro.

Travelling to 5 west African countries before 2018 is an achievable goal, and By God's grace, the finances will be available by then.
That said, Benin-Togo-Ghana-Ivory Coast-Burkina-Ghana-Togo-Benin is one formula to achieving your goal, and what makes it even more lovely is thE apsrt from Ghana, the other countries use the same currency (CFA)

But I must tell you, except Naira improves, you have to go with a lot of money o

tsmack:
Nigeria is the only country where her citizens go online to rubbish themselves, their leaders, and their nation. Little wonder why other countries treat us like trash!

What is truly appalling is the level of ignorance displayed by the so called leaders of tomorrow. Blatant display of ignorance seems to be bliss on Nairaland.

I suggest you look up the standard of living in Angola and the living conditions of its citizens (may be that will make you appreciate your country better).

Don't mind them....
Abuja, though not perfect is one of Africa's best cities

Chriswazo:
I read this thread from 1st page to here, all i can say is thank you to all the gurus that are really answering people questions here, God bless you.

I hope the thread was helpful

blackaxe78:
All this one's alone will buy the entire Igbo land

A very funny joke.
Let them start by pricing onitsha and aba na...

Onye asai di ka ewu

ernieboy:
he is a lame duck president now.it is known fact that outgoing presidents no longer hold much power and influence as allegiance tends to shift to the incoming president.

Like towards the end of George Bush presidency too.
All the focus was on Obama

porka:
Obama is very effeminate.

When I hear people like you talk about Obama in such manner, I just laugh....

So Making friends out of old enemies is considered effeminate

The other presidents that were "masculinate" (Nixon, Bush, and Reagan) where did they lead America?

Anyways sha, everybody has an opinion so it's fine

.

gocac:
this goes to show how weak obama is, even as the president of the most powerful country in the world, very shameful....!

Lol
He is the outgoing president na, so it is expected...
At the beginning of his term, go and check his ranking

9JAgosurvive:
This article makes no sense, so inaccurate void of any real statistics, or indeapt research but just based on one or two interviews.

Seriously it's guess work,at its best something Nigerian media and journalist do so well, and why am I not surprised most are from this same faulty and patched educational system we chose to run.

As at today there's no official figure locally of how many Nigerians school overseas and neither do they have official figures of how many Nigerians graduates leave private Universities, do the national services and are job hunting - so how do they come about the conclusion that employers prefer private University graduates? just as I thought guess work? by taking an example of one situation from one HR manager of an unknown and unnamed company and use that to conclude industry wide.

Even off the head, anyone knows that a serious company filling a graduate postion searches for who is best suited for the job, not who's necessarily the cheapest to employ.

It's just ridiculous to say private University graduate are cheap in the labour market hence they are preferred, I would take that as an insult if I graduated or am currently studying at a local private University or polytechnic .

That said, might I add that schooling overseas is not just to seek, a prestigious degree from a country obviously with a better managed educational system, it's also to learn cross culture, see the world from a different perspective - be more forward thinking and questions every answer or even existing theories as against the learned culture of regurgitation which our public educational system shamefully still practice.

It's a cultural experience, in meeting new people from all over the world who come to study at these melting pots of educational excellence - incase the writer of this punch news paper article don't know, education, just like technology is an export, and the sooner we realise that the better for Nigeria , because say all you want, it's only human for people who can afford it to seek better and well managed institutions - even small Ghana realises this now Nigerians go in droves to study there and no wonder one of the top 10 UK University set up a campus in Ghana , but no not Nigeria we focus on all the useless and non value adding arguments: like this punch articles so ignorantly display.

China is way, way advanced educationally and technologically than Nigeria, yet for some reason chinese students studying in the UK, America, Canada and Europe is a hundred times more than Nigerians studying overseas, do you think the Chinese government is foolish for allowing this?

I have no quams with Nigerian studying all over the world, the only problem is the government, and policy makers fail to see how to strategically use this vast skills, and knowledge base and ensure Nigeria get the most of what ever value these graduate bring into the systems, and the important networks built in the country where they studied.

If our young people who want to be engineers study in the same place our so called foreign "expart" engineers studied it's only a matter of time, they will replace all the expart working in Nigeria - if our educators and researchers study and research in the best parts of the world offering the best education - it's only a matter of time our own educational system will get better, and better and one day be at par with whats obtained overseas - so much so, that for us as a country education now becomes an export - and if any Nigerian is schooling overseas it won't be because of a lack of quality and prestige, but maybe just for the experience nothing more nothing less.

I consult in the education sector and this is my humble stance :except we get strategic, intentional and purposeful about everything education be it's received locally or internationally, we won't really take flight as a nation.

I welcome intelligent critic or support of my stance.

God will bless both you and the people who invested in your education.

Chai See as one post dey make mad sense.

RighteousI:
A good, loving, gentle, romantic, caring and European woman will not wish to see a man kneel before her, any woman that wishes for a man to go on one knees for her is a dark hearted, jealous, envious, gossiping, deceitful, cunning, backbiting, adulterous, prostituted Nigerian woman.

Really?
Na wa

lovelygurl:
Nigeria is only overrated by Nigerians

And what makes you think so?

Benoxvals:
BETWEEN PONZI SCHEME AND FRACTIONAL RESERVE LENDING POLICY: A CASE FOR MMM AND OTHER MUTUAL AID (PEER-TO-PEER DONATION) SCHEMES.

I would start by saying I am an ardent student in the subject of money and currency (Yes, they aren't the same). From the creeping into America's lexicon of "war is profitable" and the severing of dollar from gold by President Nixon (that set a new standard of fiat currencies for the rest of the world), I read about and crave money devotionally. Since I love the subject of money and currency, I had to do my study into the two subjects above. This became necessary as the words "ponzi scheme" first landed on the Nigerian mainstream terrain, an event that coincided with the arrival of MMM 2011.

We hear a lot of publicity about the danger of MMM, about how it is a "ponzi scheme", they keep saying; and how it is doomed to crash. Funnily, I hear these narratives from people who are hurt first hand by the mere existence of this economic bandage from Russia, and also from people whom this scheme is designed to liberate from and assuage their poor standard of living. So I concluded that the rich and powerful are as rich and powerful because the others are lazy and ignorant. That I'm very sure of.

I digressed.

My simple litmus test to ascertain if any antic against MMM is really a decision based on knowledge and research, or simply a "masses reasoning" that exists for the rich and powerful to exploit: I try to engage people in a debate comparing fractional reserve lending legally practiced by financial institutions and the ponzi scheme of Sergei Mavrodi and other Robin Hoods. 99% of the time, they test very blue: they've never even heard of Fractional Reserve Lending, and they first heard the words "ponzi scheme" from Linda Ikeji Blog or Premium Times.

So what exactly is a ponzi scheme? And does MMM really fit as one? I am asking you!

My attempt: I'll spare you the dictionary definition. You can find that with a quick Google search. An analogy that attempts to describe it (one the authorities and other critics have used to describe MMM), because it is the least "jargonless", is simply ROBBING PETER TO PAY PAUL. But that definition falls flat in the face of mutual consent between Peter and Paul. No one is being robbed. Today Paul takes from the pool Peter also contributed into, tomorrow Peter does. Sounds more like very sophisticated "Osusu". Very sophisticated. Since I'm not an expert, pardon my non comprehensive elaboration. But I think its conciseness fits the context.

So how about Fractional Reserve Lending. It's simply a policy that allows a commercial bank to just keep a fraction of the deposit it claims to hold, and is able to use the other in other ventures that are not fully risk-proof; like give out a loan to individuals or government, invest in capital projects or whatever. In other words, Customer A takes N100k to "Second Bank of Nigeria". He gets some sort of digital receipt in the form of a balance back to his home. The law of Fractional Reserve Lending allows the bank to keep just a percentage of that N100k (usually 10%) and engage the other in trade. So Second Bank of Nigeria can then go ahead to give out N90k as loan to Customer B. So customer A has digital receipts, Customer B has N90k in hand. That is 190k in existence without any interest, without any genius from any banker, without any sweat from any marketer. Just the law.

Let's pull both concepts towards a meeting vanishing point. The concept of Ponzi Schemes and Fractional Reserve Lending allows artificial currency to be created into a system. 30% extra Mavros; N100k final balance in an account. Both of these can be converted to cash. You either GH or you communicate with your bank to pay you.

So, the obvious question arises: how are those extra derivatives we created from the ponzi scheme and fractional reserve lending accommodated? The simple answer is that everyone won't go to the bank the same day. Today it's Peter, tomorrow it's Paul. If Paul and Peter go the same day, MMM or Second Bank of Nigeria crashes. That simple.

So if they are so similar, why is one embraced and the other is considered legally and morally criminal?

Let's go back to the illustration. Customer B deposits his 90k in Second Bank for a while or simply takes it to "Gitib Bank". Gitib Bank replicates the process and are able to keep just N9k and loan out N81k to another customer, C. Already N271k has been generated from just 100k physically circulating. The rest are just numbers in computers. Only one person has N100k, two other people owe the banks N171k. Imagine!

Maybe they all loan at a generous interest rate of 5% pa (which never happens). Do the math on the derivatives these banks can create from mere "keeping" of people's currency. Even without any interest on the ricocheted use of people's deposits, those guys will smile to the bank. Oh! They are already at the bank. My bad.

Secondarily, money supply increases, inflation sets in, the keke guy has to work harder to afford the life he lived earlier with less resources and stress. All while some Agbaje or Adenuga guy smiles at his billions made "legally."

Then came Sergei Mavrodi with his concept of creating this pool of increased currency supply, but designed not to benefit him, but to benefit the masses. Not the big owners. Not the government who feed on taxes and can't do anything to hurt compliers. Then came MMM.

If you didn't know this already and was busy criticising, I hope this will help you understand why the huge PR efforts to discredit MMM and dissuade your involvement in it. And I hope you now know that those guys had what they were fighting for, and you didn't. You were just an egotistic opinionist who didn't even know where the gun barrel was pointing. I hope too you realise how foolish you've been all the while.

In conclusion, MMM is actually your friend that you threw out. The real ponzi scheme is the bank. They won't even give you loan to plant a plot, they don't go any extra length to add value to you. It's all business for them. The government is their accomplice and we all know they are worse. Like Sergei asked, "if you know what is right for people, why is the life so bad in the country?"

If a Senator that does not care about your dilapidated learning infrastructure, where you have to go out from and compete in the same market space with folks from Norway and China, if they don't care about your near zero healthcare, why do you suddenly think that they will care about where your business risks lie? How could you be so foolish? The other day I landed in a chat room with folks that are deeply into cryptocurrency and are in far away Europe, and I began to really feel the impact of NOT having power 20 hours out of 24 in the 33 years I've been alive; of taking GST classes in a hall crammed to varendah, under a lecturer who does not even know me; of having to buy internet bundles at exploitative prices and still having to move from kitchen to varendah in search of signal to connect Google. I felt like an illiterate with no hope.

Yet those guys who are benefiting from this ruin want to advise me how to keep my hard-earned money. I stand with MMM through the trying time. I just PHed 50k. I'll gladly pay that into the system and not expect return if that's the cost of finding its balance again. #IStandWithMavrodi!

THIS GUY WROTE A MAGNIFICENT PIECE AND WAS NEVER ON FP..I still wonder Nairaland is seriously advocating against MMM.

Is the writer seriously comparing MMM with Fractional Reserve Banking

Na wa o.

The only premise that can make MMM comparable with Banking is if there is a Central bank (or body) to regulate their activities.

But there is no regulation, nothing, how is bonus determined? etc etc.

It is a beautiful piece nonetheless.
But MMM and Banking cannot be compared

maxwell60:
ALL OF YOU THAT ARE HAPPY THAT MMM FROOZE ALL PARTICIPANTS MAVRO, YOUR PROBLEM IS IGNORANCE AND JEALOUSY. NOT THAT YOU CARE FOR THOSE THAT ARE AFFECTED
1.YOU ARE JEALOUS BECAUSE, YOUR NEIGHBORS
WHO ARE MMM PARTICIPANTS ARE NOW BETTER
THAT YOU BECAUSE OF MMM.
1.YOU ARE IGNORANT BECAUSE, YOU KNOW NOTHING
ABOUT HOW MMM WORKS, AND YOU DON'T EVEN KNOW WHAT
THE WORD "CRASH" MEANS. YOU ARE HAPPY THAT MMM
HAVE "CRASHED" ACCORDING TO YOU GUYZ, AND YOU FORGOT
THAT NIGERIA STARTED CRASHING FROM 2013. ONE EGG TODAY, IS NOW
50 NAIRA I WONDER WHAT WILL HAPPEN TO YOU GUYZ BY 2017 YOU
GUYZ SHOULD BE CONCERNED ABOUT HOW BUHARI IS GOING TO BRING
YOU GUYZ OUT OF POVERTY NEXT YEAR IF HE CAN, NOT WHAT HAPPENED TO OTHER PEOPLE'S MONEY, NIGERIA IS THE FASTEST DYING COUNTRY IN AFRICA RIGHT NOW
IN FACT IT IS NIGERIA THAT HAVE CRASHED NOT MMM. I BELIEVE THE PEOPLE THAT INVESTED ON MMM WERE AWARE OF THE RISKS THAT WAS INVOLVED. IT IS THIER BUSINESS NOT OURS. WHAT IF MMM RETURN BY JAN 2017 AS THEY SAID, WON'T YOU BE
ASHAMED? PEOPLE STARTED JOINING MMM BECAUSE OF THE BAD ECONOMY WHICH THE
GOVERNMENT IS DOING NOTHING ABOUT. MAY GOD SAVE NIGERIA.

What is this one talking about

maxkia:
I write with utmost disdain with the deep shit the Change Mantra Has Caused Nigerians.Tinubu is to be blamed for taking the bait of an Ex General in Person of Buhari. Suddenly Tinubu is no longer in the News.I wonder the Relationship between Air Fare & International Passport.I trade in The East African Region,Kenya,Uganda,Tanzania and Rwanda.You need to see the reaction on the Faces of these Countries Immigration officials each time you bring out a Green Nigerian Passport.The Stereotype and All makes me come to a conclusion that The Nigerian passport has no Value even in the West south and East African Members not to Talk of Europe and America.I regret i am Nigerian.I think maybe in the long run,there should be a break-up .If we could do practicals with the Change mantra and fell for Buhari,s Trick,I think it will not be a bad idea to breakup and see what each Geo-political zone can do for itself.There is no rule of law in the country called Nigeria.Very Soon they will start selling its Citizens like it was done during the era of Slavetrade. What a Useless Country.

So how does break up solve the problem?