₦airaland Forum

JeffreyJunior:
If I were you in the current Nigeria, I'd keep the job for now, find a way to get in touch with the school and put the admission on hold.

I'd also see if I can get in touch with the embassy and defer or cancel the visa with the hope of having it renewed at a later date.

I would like to explore the new job for now and save as much as I could and then travel with good financial strength later.

The school can always wait. If you abandon that job and travel now to start afresh in an entirely new environment with little or not enough cash, you'll regret it.

Do not take this advice. I repeat, do not take this advice. Millions from around the world are looking for what you already have.

Please come to Aussie. You will never regret it.

SundayphilipNic:
Greetings ladies and gentlemen.

Please I'm in a serious confused state. it gives me sleepless night. I have Admission to study Msc in Engineering Technology and Management. my visa has been granted since fabruary this year. i was supposed to start my program the same fabruary but due to the fact that the visa was granted a bit late, i had to differ the admission to july intake. That same fabruary i got a job here in Nigeria. the benefit attached to the job are as follow:
Salary is 540k Net.
HMO for me and my family.
28 days work, 14 day time off.
yearly Renewal of my contract bonus is x2 of my Salary.
No pension.
it's a contract job that can last for minimum of 3years.
Now my confusion is quiting this job to start afresh in Australia on a study visa. Please Gurus in the house. do you think am taking a good decision in this my Australia journey? Does quitting my job for my study worth it.
NOTE i have booked my flight to depart First week of june. Should i go for my tuition fee and ticket refund and continue with this new job?

Moreso, my job experience is in quality control welding inspector, Bsc in Agricultural Engineering and Msc in Engineering Technology and Management. can i get PR with this my different fields.

I was in your position 2 years ago. I was 48 at the time and my Net pay was #1.05million per month as the financial controller of a private company. You can search the question I asked here on Nairaland.

Today, I am 2 years in Australia and that is one of the best decisions I ever made in my life.

I see you are a young man from your writeup. Believe me that your 540k per month in Nigeria will be nothing compared to your weekly savings in Naira equivalent.

Bro, pack you bag immediately. Remember, if you are married, make sure you have plans of bringing your family over when you are settled. Don't come with them immediately. Bring them after about a year or two.

If you have any question, I am available to answer you on this platform.

motayoayinde:
It's exactly the reason the country is still the way it is. THE PEOPLE!

Nigerians don't realise they're the greatest obstacle to a great Nigeria.

Most cheat to gather Japa funds.
They forge documents to get a visa.
They start cursing Nigeria once at the airport of a foreign country.

The most unpatrotic Nigerians are your political leaders. Once Tinubu's government comes to an end, what he has stolen will make you curse Nigeria.

Hope you heard how much Malami diverted to personal account.

Your Nigeria is irredeemable.

CanadaOrBust:
You promised to post your CPA exam result. What happened?

https://www.nairaland.com/8408255/timeline-towards-becoming-cpa-australia#135113958

And why are you silent on this thread unlike other threads?

I can't possibly post my result here. If you wish to see it, sent me a mail, I will respond with my WhatsApp number. Then I will show you via video call.

How time flies. It's been exactly two years I left Nigeria for Aussie.

I thank God that I took the life changing decision at the time.

Atiku has limited time to make up his mind to be a running mate to His excellency Peter Obi. If fails to do so within the allowed time line, he might risk losing out.

Streetinvestor2:
U think u are talking to an illiterate when it comes to finance/economics. Tell me what has pulled thr highest demand for dollars in nigeria economy.Or u want to claim knowledge of something above ur pay grade.What is the fair value of naira to dollars that u are advising people to buy because trump made pronouncement on nigeria insecurity problem.
You saw the news and think u can create panic to cash out.It won't work because the pressure demands for dollars doesn't exist again like in the past.
Importation for fuel has reduced
Demand for foreign school bills is down
Demand for foreign medical bill is down
Banks naira card for dollars expenses have returned and increased serious to upto 5k dollars quarterly.
Nigeria is earning more in dollars now via export of Dangote Refinery and export of farm products.
Do I need to school u more so that u will understand that laughing is dumb

Let's wait and see what happens by end of November.

OLABAMIJI99:
We need to apologize to each other and work together , but Idependently

We don't need to, all i want is my Biafra. I am religiously fanatical about it.

We have been shouting since 2009 that Christians are being killed in Nigeria.

I will amalgamate all the video and picture evidence and post here.

Those saying moslems are being killed also, the question is by whom and for what purpose.

The truth is moslems jihadists are the ones killing Christians and indigenous people in Nigeria.

Trump should consider asking people to vote to remain in Nigeria.

Only a fool will not know what is coming to Nigeria. Thank you for the advise.

When we say abroad is 100% better than Nigeria, this statistics is part of what we mean.

OkanlawonB:
Talking from my personal experience, acquiring a property abroad is an itch free process compared to acquiring one in Nigeria depending on location, in a place like Lagos, it is a very rigorous process. Deciding to have a property at home while living abroad may not be for economic reasons but more for emotional satisfaction and for a sense of self fulfilment.

I said acquiring property abroad is an itch free process because once you`ve sealed a deal on a property no matter how you decided to finance it, through mortgage payment or otherwise, once your name is entered in what is called "Grundbuch" , it is remains your property, every kobo you drop in financing the property will be accounted for. in contrast to this, i remenber making a deposit in the early 90`s for the National Housing Scheme in Nigeria , the scheme never came to fruition and deposit was not refunded.

If you mortgage a home abroad, you don`t necessarily need your whole life to pay off your mortgage. Dont buy a too expensive property. It is better and very feasible to heve a property both abroad and at home.

Thank you sir.

justwise:
If you are building a house in Nigeria for your parents then definitely it’s a good idea . However, if you’re building as an investment then it’s a terrible decision.

If you live abroad legally having mortgage is one of the best investments you could make, you will pay rent for life but mortgage has a time limit

You nailed it.

DoctorStanley:
How do you finance a house in Nigeria? Which bank will give you 30-year mortgage?

Building/buying a house in Nigeria vs mortgage abroad.

Ogoromakosa7:
Please where on the island is affordable to stay? I’ll need a bedsitter or maybe just ordinary 1room for a start
I’m starting all over and how much will a bedsitter cost ?

How do you mean you are starting all over? Did anything happen to you?

Whatever you decide to do, always note it is better to live close to your place of work and pay higher in rent that to live far away from your working place and pay low rent.

If you live far from your place of work, your life span will reduce by at least 11.3% based on the report of 2021.

Before you negotiate salary in a company in the island, first find out how much it will cost to rent the type of accommodation you need within 10 to 15km radius from the company. Your annual rent should be your monthly salary.

This topic has generated a lot of controversy on social media platforms such as facebook, instagram, youtube etc.

While many people argue that investing your money back home in Nigeria via building houses, establishing other businesses are better than buying a house abroad and spending the rest of you life paying mortgage; others believe that the wisest thing to do when you come abroad is to invest in buying a house and paying mortgage.

While none of the two is better in absolute terms, circumstances of each individual must be brought into any consideration.

In your opinion, which do you consider better than the other and why?

Tell us when the properties will be demolished if non-yorubas purchase it.

This is very important.

FoluSparkleBug:
God truly answers prayers, I'm so grateful.

I have received the golden email, Visa Grant🎉🎉

My Timeline :

Application lodged on the 21st May.

Medicals on the 23rd May
Biometric on the 26th May
S56 for Polio Certificate on 23rd of July. Submitted on the 24th of July.

S56 on 28th of July, Submitted on the 29th of July

S56 for update COE 31st of July Submitted 12th of August

13th of August Visa granted 🎉

God that did it for me will also do it for all those expecting🙏🏼.

Our story was almost the same as this less than 4 years ago. Now we are permanent residents.

Welcome to the land of opportunities. Welcome to the land of the kangaroos.

lordally:
Thank you very much. Bringing him to the UK on a student Visa would cost me a lot. So helping him with funds for the ACCA is the only best way I can help him.

He will forever remain grateful to you.

lordally:
Nice to know that you're doing fine. So I have a question; My elder brother is an accountant(in Nigeria) he has a good job. I have plans of helping him register for ACCA... he told me the certification has so much propects. What do you think about it?

This is the best you can do for him.

ACCA is a globally recognised Accounting/Finance certification. It opens wide range of doors of opportunities both within and outside Nigeria.

If I knew what I know now, I wouldn't have wasted my time writing ICAN.

With Acca, you have a pathway to belonging to any professional accounting body on planet earth unlike Ican that is relevant only in Nigeria.

sunbat:
I just got my ASA with ANAN certificate Bro.
I dont know what next

With you ANAN, you have a much easier pathway to becoming a CPA. Google cpaaustralia.com.au

Cadek:
Boss, have wanted to ask how’s life in Australia?

Life in Australia is good.

No intimidation, no harassment, no extortion, no kidnapping, no armed robbery, no tout, friendly people. Food is cheap and many more.

The only downside is accommodation. It is very expensive. Buy if you are here with your wife, you will find it much easier.

Any type of work you do here will sustain you.

helinues:
The way some people have been given Nigeria bad name anywhere they go is really alarming.

The foreigners treated Nigerians as same as they couldn't differentiate the tribe always responsible for criminal activities in foreign land.

With the introduction of tribe in the passport, innocent people won't be lumped along those who are not ashamed of commiting crime anywhere they go

I think a better approach will be to allow those who hate Nigeria and who has been giving Nigeria bad names to have their own country.

blackbriar:
1. $32/hr for 40 hrs a week = $1280 per week before all deductions (tax and super).
2. $1280 * 2= $2560 per fortnight before all deductions (tax and super).
3. $1280 * 26.087 fornights = $66,782.72 annual salary before all deductions (tax and super).

inputing the figure in (item 3) above into paycalculator.com

4. Take home pay after tax and employer super deductions is = $2094.00

Also you have to pay 5% employee deductions on your pre-tax fortngiht salary.
5. So 5% of $2560 = $128

6. Final Take home pay = (item 4 - Item 5).
$(2094.00-128.00) = $1966 per fortnight.


Will this be a good take home pay?.
Bros to be honest, the question is tough to answer.
Rent, private insurance, groceries etc. may cost you averagely about $400 ~ $700 weekly.
My humble advice, if this your route to Australia, take it and start but don't stay long there. At most 12months.


One question for your kind sir/madam.
is the salary for base pay plus super? OR
base pay including super?

Bro, there is nothing like employer super deduction in Australia. Super is not a payroll deduction, rather your employer remits your super outside negotiated pay.
What do you mean employee 5% deduction?

SoftSport:
Atiku keeps talking like he cares about Nigeria but under Tinubu, at least things are moving forward, talk is cheap, real leadership is what we need now.

God bless Nigeria. God bless Tinubu. God bless Wike.

Mention one thing has moved forward, since Tinubu stole power. Don't tell me increase in prices is part of things moving forward.

lordally:
Congratulations...I hope it turns out well

Thank you. I will post my result here when it comes out by 06/06/25.
Currently preparing for my second semester paper, Strategic Management Accounting.

Wrote my first CPA paper ( Financial Reporting) 24/04/2025.

You guys should forget Australia for now. Look towards New Zealand.

Lontorlooka:
This is a very reasonable benchmark for relocation financial ( before and after )

Many years ago; I got this benchmark too that your annual naija rent should not be more than two months salary.

At this time ; exactly my two months salary paid my annual rent .

The key and benefits to benchmarking is to challenge oneself to never go below the bar. This helps to keep the mind together ; you avoid debts and live within one’s means .

Gods been so helpful; I pushed harder, x10 my earnings and switched to another apartment x4 the former cost .

Within a year, I added another stream of income and I made my annual rent in a week’s work.

Several years have gone now improving myself and coupled with Naira’s crazy devaluation, I make my annual rent with only 3.5 or roughly 4 days work.

This is significantly far from the benchmark I started with 8 years back. And yet ; I had refused to exponentially increase my cost of living to adapt to the current purchasing power.

Which opens the question for: Can I get more for myself here in naija? I don’t want to be too comfortable.

I have always been aware that there are greater opportunities out there for me despite the circumstances surrounding being a black man and more personally ; A Nigerian.

To add insult to injury, a senior friend of mine evaluated my career and income and told me that I am grossly underpaid. He makes $180k yearly from this same Lagos; working remotely before taxes.

What’s the key ; what’s the secret I asked myself ? And I asked him.

The same processes cannot apply to everyone he told me . I decided to forge ahead . A physical presence in Obodo-Oyinbo should cause a drastic improvement and command some higher income.

I told myself ; I’ll never go become a slave in Oyinbo country. When it’s time , I’ll go as a King . That that is what it is .

Moreover, I pride myself in my heritage, identity and professional capacity and I know I can get more after relocating; compared to remote work from naija .

As I am earnestly trying to switch jobs , I observe salary ranges and I begin to apply a benchmark of what the OP said. If I get a job paying just 50% more , does it worth it ?

I really won’t settle for anything less than x2 to start with. Which is still a gross underpay.


And can I take it for now and move up later on ?

These are meaningful thoughts and I appreciate the values the OP used .


Lastly , as God always make it ; I’ll triumph greatly above this benchmark in a nearer future . I am aiming for the entire galaxy and not just the moon .

My 50 kobo as seconded

There are no slaves abroad. I mean, there are no slaves in USA, Australia, UK, Germany, Canada etc. People apply for the jobs they do and they resign when they no longer want the job. Abroad, nobody slaves for any body. You are handsomely paid for the jobs you do.

If there is any form of slavery, it is in Nigeria where some people earn 20k per month in 2025. This is less than I hour pay in Australia.

One of the biggest advantage of living abroad is the peace of mind that comes with it.

I am currently residing in one of the countries that could be correctly classified as first world country and I have seen enough that made me come to the conclusion that African marital union has more chances of hitting the rock than surviving in diaspora.

The case study of this discuss will focus more on Nigeria and Nigerian marriages. References will be made to marital experience of other cultures such as Indians, the Chinese etc to buttress the fact that our greed, pride and dishonesty it at the center of all marital battles.

The whole essence of this expose is to make husband and wife come to the understanding that there is no differences that cannot be resolved.

The most important question is why do Nigerian and other black african marriages crash abroa?

To be continued......