Sisi_Kill:
Yes, this just confirms once again how Running a Daycare really is a lucrative business if one does it right. . .just make sure to dot all your Is and cross you Ts.

Some of the very good ones have a waiting list that spans over a year, some parents start registering their babies as soon as they stick shows a plus sign.

People even turn a whole house into daycare for children or adults but there are regulations to follow, e.g. certifications, caregiver to child/adult ratio etc.

I was raised in a household that didn’t respect gender roles for the most part. My mom doesn’t believe in specific chores being relegated to females. But the truth is that females mostly do the cooking and males take the trash out, especially at night.

Some men are truly more domesticated than females. There’s nothing I can’t do by myself, thanks to my mom. I can't even count how many diapers and bottles I washed growing up! But like I was told when younger, my hands are made of plastic and they seriously hate doing chores. I’m perfectly happy with my feet up watching tv.

However, no woman can do shakara to me! If need be, I can cook, clean and take care of myself! I can make some mean Hamburger Helper, Lasagna or anything else with instructions. You’ll also be surprised the kind of info you can get from YouTube videos. Although, I tried making meatpie from scratch based on one of the YouTube videos and it turned out to be my greatest disaster till date. It wasn’t even edible and I had to throw the whole thing out.

But I do loathe doing the dishes (loading or unloading the dishwasher) and my laundry. I will only wash the dishes if there’s nobody else to do it and I’m out of plates. As for laundry, let’s just say that I have a lot of everything just so I can wait a month or more before doing my laundry.

To people disputing the $70 per day figure:

While your child is in the baby and toddler stages, you'll pay more. That's because kids this age need more hands-on care and so the center must hire more caregivers. The average cost of center-based daycare in the United States is $11,666 per year ($972 a month), but prices range from $3,582 to $18,773 a year ($300 to $1,564 monthly), according to the National Association of Child Care Resource & Referral Agencies (NACCRRA). Parents report higher costs – up to $2,000 a month for infant care – in cities like Boston and San Francisco.


Grandma? Daycare? Real parents discuss finding childcare that works

Topping the charts with costs over $10,000 a year for baby and toddler daycare are the following states, beginning with the most expensive: Massachusetts, New York, Minnesota, Colorado, California, Illinois, Washington, and Wisconsin.
By contrast, the states with least expensive childcare are Mississippi ($4,650 a year on average for an infant or toddler), Kentucky ($6,500), and South Carolina ($5,850).
Childcare for preschoolers
Costs for daycare for preschool-age children are generally lower, averaging $8,800 a year ($733 a month). Depending on where you live, you'll pay anywhere from $4,460 to $13,185 a year ($371 to $1,100 a month).

The most expensive states for preschool-age care in a childcare center, with costs over $8,000 a year ($667 a month), beginning with the most expensive, are Massachusetts, New York, Minnesota, Wisconsin, Rhode Island, Colorado, and Pennsylvania..

The least expensive states for preschool-age care in a childcare center, with costs ranging from less than $4,000 a year ($333 a month) to around $7,000 a year are Mississippi, Kentucky, Louisiana, Kansas, Missouri, Oklahoma, Idaho, West Virginia, South Carolina, and Alabama.

To find out more about daycare options and costs in your area, contact your local Child Care Resource and Referral (CCR&R) agency. More than 850 CCR&R agencies throughout the country provide families with information about local childcare options and resources.

To find an agency near you, call the hotline at (800) 424-2246 or visit the Child Care Aware website. The website features a helpful tool that tells you the average cost of home daycare and daycare centers in your zip code.

http://www.babycenter.com/0_how-much-youll-spend-on-childcare_1199776.bc

L K O: Esteemed nairalanders,I am a 26yr old single guy.I candidly need your opinion,as to what to do with a 5million naira cash. The said amount is my own share of my late dad's death benefit,who until his death was a senior staff of one of the federal govt corporations. I also inherited an undeveloped one plot of land located in Warri and another 5bed room duplex with bq from my dad's properties as the eldest child.My mum had advised that I proceed to develop that land and rent it out instead of investing that money in business,considering the risks involved in business. Personally,I am not business inclined. The said land is well fenced. I am presently registered for a masters degree programme in UNN. Your fatherly opinion please.

A word of advice: don't be greedy!

Forget the quick get money scheme that people will try to sell to you! Since you're not business inclined, forget doing any type of business. I would say the safest bet especially if you're clueless about investments, which sounds like you are, is to invest in the property or a different one. Even that requires a little bit of business acumen not to run out of money before the project gets completed. But at the very least, you’ll have something to show for the money.

I know of someone that lost all his saving in a fixed deposit account when the new generation bank collapsed in the 90s.

Emotions are flying high!

I think people fail to realize that the government of yesterday that strictly focused on giving handouts is long gone! Lagos decayed over the years before Fashola, not only because of thieving politicians and their cronies, but because the government did nothing to generate the revenue needed to sustain the population growth!

Interest free loans, and selling shops, houses, kiosks at below cost might be a good public policy but money needs to come from somewhere to sustain such policy. People clamor for better roads, schools, security, traffic alleviation etc but fail to think where the money to improve such facility will come from.

The federal allocation has essentially been the same over the years but the population of Lagos is rapidly increasing.

Lagos is a megacity with more demand for infrastructure than is currently available. The only way to reduce demand is to let market forces determine the price charged. Compare the list of most expensive cities in the world to Lagos and you will see that the major thing in common is demand that far outpaces supply.

Here’s the list:

1. Tokyo
2. Luanda, Angola
3. Osaka
4. Moscow
5. Geneva
6. Sydney
7. Shanghai
8. New York
9. Dublin
10. Karachi

Can you imagine trying to rent a shop in one of the cities above? My point is there are way too many people in need of shops and I’m almost 100% certain that if it were priced about NGN 200,000, a single person will own multiple shops! Even at today's current exorbitant price, I know people with multiple shops.

There comes a point when the cost of living in Lagos will not align with the realized economic gain, and at that point, each individual will need to rethink the need to live in Lagos.

On the other hand, a government cannot simply focus strictly on generating revenue while forgetting the downtrodden (or is it less fortunate?). Provisions need to be made to accommodate them, for example, Tejuosho might be out of reach to the average Lagosian cost-wise but a place like Mile 12 or Mushin shouldn’t be. If you chase out all the poor people, who's going to do all the menial jobs?

Lastly, private citizens that funded the project did so to earn a profit. If they charge too high a price, only a few people will buy it and they’ll be forced to reduce the price or sit on empty shops while paying back the loan they took from a bank. Supply vs demand.

Yes I would. I'm actually heavily into autonomous technology (sensors).

Platinumricky, note that the Google driverless cars have completed about 300,000 autonomous-driving miles accident-free! If there's a glitch, humans will almost always have the ability to take control of the car. The technology is here to stay and the sky won't even be the limit! :-)

http://en.wikipedia.org/wiki/Google_driverless_car

I really do not understand why people keep saying that the law is making people's life more difficult! Are you guys not just thinking or your moral compass is lost?

MAYBE, just maybe, the solution to the problem is NOT to break the law in the first place?

If you do not want to lose your okada, which is your only source of income, obey the freaking law! How hard is that? Or are they seizing okada from those that obey the law?

Some also made the argument of selling the okada to people. That will be a recipe for disaster! What do you think the original of an okada will do when he sees someone else riding his okada? What should the government do with the money realized from the sale? How will the title to the okada be re-assigned? Wouldn’t people start crying foul?

The problem is that far too many people get away scot-free when they break the law. Most people won’t even think twice about breaking the law but now that someone is trying to make them face the consequences of the law broken, they’re crying foul!

To people thinking that the Yorubas are excluded for a sinister reason, here you go!

MILITARY ACCESSIONS VITAL TO NATIONAL INTEREST (MAVNI) RECRUITMENT PILOT
The Secretary of Defense authorized the military services to recruit certain legal aliens whose skills are considered to be vital to the national interest. Those holding critical skills – physicians, NURSES, and certain experts in language with associated cultural backgrounds – would be eligible. To determine its value in enhancing military readiness, the limited pilot program will recruit up to 1,500 people per year, and will continue through May 15, 2014.

ELIGIBILITY
1. The applicant must be in one of the following categories at time of enlistment
a. asylee, refugee, Temporary Protected Status (TPS), or
b. non immigrant categories E, F, H, I, J, K, L, M, O, P, Q, R, S, T, TC, TD, TN, U, or V
2. The applicant must have been in valid status in one of those categories for at least two years immediately prior to the enlistment date, but it does not have to be the same category as the one held on the date of enlistment; and
3. An applicant who may be eligible on the basis of a nonimmigrant category at time of enlistment (see 1b above) must not have had any single absence from the United States of more than 90 days during the two year period immediately preceding the date of enlistment.
4. An applicant who is eligible under #1-3 above is not rendered ineligible by virtue of having a pending application for adjustment of status to lawful permanent residence. In the specific case of an alien with H nonimmigrant status at the time of filing a pending application for adjustment of status who has lost such status while his or her application for adjustment was pending, and who is otherwise eligible for enlistment under the MAVNI program, the military Service may on a case-by-case basis waive the requirement that the alien be in a status described in 1 above at the time of enlistment.


Health Care Professionals
Applicants must meet all qualification criteria required for their medical specialty, and the criteria for foreign-trained DoD medical personnel recruited under other authorities
Applicants must demonstrate proficiency in English
Applicants must commit to at least 3 years of active duty, or six years in the Selected Reserve
Applicants must possess specific language and culture capabilities in a language critical to DoD Enlisted Individuals with Special Language and Culture Backgrounds
Applicants must demonstrate a language proficiency
Applicants must meet all existing enlistment eligibility criteria
Applicants must enlist for at least 4 years of active duty
(Services may add additional requirements)

Languages
. Amharic
. French (limited to individuals possessing citizenship from an African country)
. Haitian-Creole
Hausa
Hindi
Hungarian
Igbo
Yoruba

http://www.nursingworldnigeria.com/2012/11/u-s-army-recruits-nurses-with-igbo-hausa-and-yoruba-language-capabilities/

bidemi12:

really?. . .how much would you say. . .since we are talking from experience. . .

Bidemi are you new on NL? The guy you're talking to is nicknamed cap-the-fraustrated! The guy is long gone! I honestly thought the guy jumped off the London bridge to end it all when I stopped seeing posts about his conspiracies. The guy couldn't make way in UK for one reason or another and probably got denied US visa but he's too ashamed to go back to Naija, hence, his frustration! I'm willing to bet the guy is schizophrenic.

GAR3TH: Wow the amount of narcissistic people on this site is Unbelievable. The US army is recruiting them so they can be translators. Whether it be a future war theater, a wire tapping operation, investigations etc. Its not because they are "smart" or "warriors" like some Gullible people have said. Its so they have the right people to translate in a giving scenario, that's what all modern military do.

+1

1. The US Army recruits people with different set of skills.
2. Regardless of why you're recruited, you are first a soldier which means you fight ANYWHERE when needed.
3. Even the lawyers in the Army (JAG) with all their training can be drafted to the battlefield.
4. Like GAR3TH said, they need people to translate different languages when the need arises,
5. A soldier's unique set of skills will determine where they're assigned.

Lastly, I know for a fact that people are being monitored and just because you speak in your native language or in code does not mean that the people listening do not understand what you're saying. If you're speaking in Igbo when monitored, someone that speaks Igbo will translate whatever you say to the higher ups. There are people that their job is to sit all day and listen to people talking.

Someone is always listening and watching!

AjanleKoko:

I think we're saying the same thing.
There is always risk, we both agree. We also agree there is a need to understand the nature of risk and calculate the impact plus extent of damage it can cause if realized. However, you still need to do business regardless.

Agreed! Same reason why foreigners still do business in Nigeria even though the risk is relatively high.

Life is about balancing risks but one can’t just take risks blindly especially if the consequences can be disastrous like cutting off one’s joints. Investing in anything can be really dangerous if one does not understand the market!

For example, people always see property as a very safe bet but that's not always true! There are so many people that bought houses, lands, etc that are now running from their loan manager! Imagine buying a commercial property in an area that got re-zoned or along that Mile 2 road that got widened? I saw an Eleganza building that got chopped in halve. The failure might not even be one’s fault! Mother Nature might just decide to flood ones property or set it on fire!

How many people personally went broke or soiled their impeccable reputation on that Tinapa project?

Eko Atlantic will cost billions of dollars but there's a major risk that they may not get the cash flow that they need on time due to the economic climate or the investments might not even pan out due to environmental factors. Of course, they might also be sitting on a gold mine which is why they are sinking billions into it but one thing you can be rest assured, the major investors fully understand the risk involved in such a project.

Risk is good but calculated risk is better!

I've always wondered if there's appetite for aftermarket parts/modification in Nigeria! I would think that major cities like Lagos, Abj, PH will have demand for little mods like speaker boxes, wheels, AV, mufflers, suspension, CAI, grilles, etc.

mejai: M/Benz cls.... Evil machine.
Pls can anyone help me in modifyin my peugeot 404

Don't know too much about peugeot but what are you trying to do to it?

AjanleKoko: I assume the interest rates are compounded.

The first thing I would consider before signing up is, I must be able to meet the monthly repayments, regardless of whether the business is generating returns or not. So I will probably set aside a portion of the loan to cover up to a year's payments.

Then I would lay out my investment strategy, and build a portfolio for short-term, medium-term, and long-term returns. For short term, I even stick some money in T-Bills, commercial papers, bonds, or some financial instruments that have low risk, can be turned over, and can generate some return, enough to sustain interest payment. Even big corporations in Nigeria who have received loans or grants from offshore institutions do that.

Next thing would be to make the medium-to-long term play. Invest in a business that will require some infrastructure buildout, and is guaranteed to pay out over the long haul. While the short term covers my azz (literally speaking, and the rest of my limbs ), I can devote my energy to building and growing the long-term play.

Bottom line, the roadmap is like this:

Step 1: Set aside a portion of the loan, to cover immediate liabilities, like the loan repayment.
Step 2: Enter the money market to generate some quick return, and also to augment step 1.
Step 3: Invest in a long-term venture that will hold enough assets and cash-generating ability for the medium to long term.

I'd definitely go for the $1m. Since Wallie has provided details of interest payment, and assuming it is straight-line payments as opposed to reducing-balance.

So I will set aside N37.2m (N3.1m X 12) to keep the away for a year. leaving around N129m.
Then I could invest maybe N25m in commercial papers, T-bills, or other short-term instruments. A good balance between risk and return might fetch me something like 12-15% return% over the course of the year (conservatively speaking). Not great, but at least I can stay with my limbs for a few more months.

Then I focus my attention on making the big play. Which would be investing in a number of high-income and low-overhead ventures. That would be my play for the long term. If I at least acquire some valuable assets here, such as land and property, I can always sell them if push comes to shove, and use the returns to offset my loan. Roughly, that's what I would do.

Nice!!! People should take note that you didn’t even think about buying the latest Benz or a personal house in Lekki! My goal of the post is to show that very few people will know what to do with the money and be able to repay it or double it!

There's a reason why those who come into sudden wealth by inheritance, looting, or lottery will have little or nothing to show for it in about 10 years! How many formerly “rich” Nigerians do we know that used to be very wealthy at some point? How many rich kids are able to multiply their inheritance?

Most of the people with sustained wealth are those that made their money 1 Naira at a time!

Bottom line: Nothing beats experience and the only way to get experience is by going through it yourself or paying someone that has it!

300,000km for a haulage trailer is nothing! In the US, most long-haul over-the-road truck drivers average from 100,000 to 110,000 miles per year, that's 160,934 km to 177,028 km per year!

This means that a serious driver can drive 300,000 km in 2 years on average! Average means that some people will drive more and some will drive less. If a driver knows that reaching 300,000 km will make the truck his, a truck that cost almost $100,000 new, he will surely double down to complete the requirement in a short amount of time!

legalwealth:

Let's talk in Naira term as $ term is a bit odd for such amount you are mentioning and your monthly return is kinda much.

If you get a loan for NGN 156 million you will need to make a payment of NGN 3.1 million per month for 5 years.
If you get a loan for NGN 15.5 million you will need to make a payment of NGN 317,427 per month for 5 years.

What do you mean the monthly return is a bit much? If you borrow a lot of money, you will need to pay a lot of money back...

Fat Boys....

Trucks....

Muscle cars...

Another set...

G-Wagon...

For the Audi guys....

Merc...

Some others...

Italias...

Ghost and some others...

Mostly BMWS...

another set...

The picture are not mine o...

http://www.m3post.com/forums/showthread.php?t=763964

People that inadvertently drop a used paper towel on the floor and leave it there! Nasty! Who the hell do they expect to pick it up except for the cleaning lady that won't show up for another few days?

Joey82:

well isnt that Naija for you.
sometimes i wonder why we hand these kinda jobs to criminals and expect a good outcome for our dear country.
Ribadu is one of the biggest scam in Naija's history, so inconsistent and during his tenure as EFCC chair was so arrogant and served justice selectively.
Non of the celebrated criminal cases under his watch ended in conviction, Dariye is now a senator for plateau state, Fayose was never arrested nor tried and a whole lot
same case as "poor man steal kuli kuli dem go convict am. rich man use him pen steal ribadu go clap for am"
so embarasing he became a pawn on tinubu's chess board, same man he accused of being the biggest criminal
for me, i dont find his report credible cos i'll always question the content of his character

Oga, what power does Ribadu have to jail people even when he headed the EFCC? If he submits evidence against an accused and the AGF decides not to pursue the case or a court of competent jurisdiction determines that the accused is untouchable or not guilty, what EXACTLY do you want him to do?

acidtalk: Who am I to believe?

The very same Nuhu Ribadu who claimed he had a N9billion Money laundry charges against jonathan in 2007 before president obasanjo swept the whole thing under the carpet to enable Jonathan have a clear ground to be Yaradua's running mate.

The same Nuhu Ribadu who said Tinubu looted over N23billion of Lagos state money and even called Tinubu "the biggest thief in world history" and said Tinubu needs to spend at least 20years in prison if tried in a 'competent court'.

Yet this very same Nuhu Ribadu Contested under ACN in which Tinubu is the 'all and mighty' and also took a portfolio under 'jonathan's government'.

If there's one biggest criminsal Nigeria has, it is surely this same Nuhu Ribadu.

My problem with Nigerians is that they forget History so easily and let this crooks play on their intelligence.

OK. Can you please tell me when Ribadu became the prosecutor, AGF or judge? Are you saying that he should have jailed those people he accused of corruption? If so, under which authority because the last I heard, people still have to be charged to court and the judicial branch is responsible for finding the accused guilty! What exactly are you accusing Ribadu off? That he did his job?

More importantly, what bearing does that have on this report?

My problem with Nigerians is that people are so quick to cry foul and claim to be a victim, and if you’re not careful even a thief will shout “thief” back at you when pursued!