₦airaland Forum

9jaDoc:
I think it's more than that. Even if the database were not compromised a Nigerian car renter will be very reluctant to hand the keys of an expensive car to a Nigerian.

The environment is not mature enough for that level of trust.

9jaDoc:
But people like car renters don't trust bvn. And knowing Nigerians, I don't blame them

The integrity of the database is compromised! Can you say the same with credit reference agencies the banks in developed climes contact for verification? Nigeria needs rebuilding from the foundation, I don't know if we have the capability to architect it though.

First thing first...the government need to take stock. Know your citizen. Leverage the bvn database, and plan from there.

Seun:
I’m trying to understand how Pastor Chris became more handsome with age..

He lost the moustache.

He was born with an undersized forehead, so as his hairline receded, his face became more proportionate.

His cheeks have expanded greatly, making him look very well-fed, which he is, thanks to your tithes and first fruits.

Despite this, his belly has remained perfectly flat, making him look fit.
He must have gotten several tummy tucks (stomach fat removal surgeries).

His more recent photos were taken by professionals who used better lighting and cameras, chose his best angles, and asked him to smile.

More expensive fitted suits and hair products.

You became handsome when Nairaland money started rolling in too na

sirBLUNT:
she looks like someone who is so pained about something deep...her facial expression is so vile..

she looks semi retardedd

See me I thought future awards means some awards to be held in the future.

timesup234:
A 19 trillion dollar economy that can't feed millions of her citizen? That's worse than famine

Stop being daft, the article you provided shows they throw away 40% of their food because of some silly regulations is quite different from an economy where they don't even have the food to throw away. It is different from an economy where you will probably buy a fake rice and egg.

There's no country in this world where are no poor people..the argument here is after suffering in Nigeria without food stamps and social services, do Nigerians have the tendency to make it in the USA? that's a resounding YES. Abeg stop googling for useless links to back your asinine convictions.

timesup234:
Good! i knew it was coming to that. You think I didn't read the article before posting? The only reason I even post links from CNN and Mainstream media is because most of you guys can never get it. You all have been brainwashed by mainstream and have been turned into a complete sheep who can't think for yourself. Behind every truthful headline in a mainstream media article comes a lie. If CNN tells you 16 million Americans are hungry the actual figure should be gotten by multiplying the numbers they gave by 3. If they tell you 40% of its food are throw away know they are actually close to famine. Throw food away my ass. Since they have that much food to throw away why do over 40 million American depend on food stamp to be able to feed with the government reducing the amount budgeted for the program everyday. I think I should add more bruises on your face with a serious upper cut. You are my punching bag

https://www.huffingtonpost.com/entry/child-poverty-in-america-is-indefensible_us_59f21fabe4b06acda25f485c

Oh My God...do you know the meaning of food stamp? does it mean they are close famine? bros let me leave you with erico..i don tire

timesup234:
I have boxed you to a very tight corner. With bruises all over your face. I have rendered you completely useless. Shiloh can't help your case

In fact, you have done more than enough wasting my precious time.

erico2k2:
HUNGER ahaha.you are deluded I swear,only Hunger can put one in such frame of mind as yours.People in Employment in NIgeria are actually Hungry, let alone the Unemployed.How Old are you again? do you have a wife and a young family?
do you pay school fess and manage a household? Im sure you dont, this was how I told a person it might cost up to N15k for a pot of soup the laughed, thats when I realized 60% of posters here are living under their parents!

Guy, you can't win with timesup234, I actually directed him here from another thread cos I was tired of treating his fvckup. The link he quoted states that America throw away 40% of its food...this guy keeps telling us they are dying of hunger.

timesup234:
We are both doing the same. While you are trying to portray Nigeria as a hell hole I am doing likewise to America, with credible facts. Hunger? You make me laugh. With over 16 million American children going hungry every year the American government should be charged with crime against humanity and sentenced to death by firing squad. Most African countries don't even have a population of 16 million.

http://edition.cnn.com/2017/06/09/health/champions-for-change-child-hunger-in-america/index.html

My good friend timesup234, I think you missed shiloh 2017, this could have been cured.

God help this nation...Ayo Oritsajafor should be in jail.

timesup234:
Tell him to add to the list and make it over 100..and it won't change the fact that people die more in the United States than Nigeria. With over 2.7million people dying annually in the US., America is indeed a fourth world shithole

Are they dying because they lack adequate healthcare, food, social services or their brainfart gun laws. You need to expatiate.

davillian:
Abeg make they block my way, I don't have money to bury any relatives now.

Lmao

Boss13:
Hmm - funny but not fair to refer to someone with such attribute. He/she has freedom of speech and opinion.

To the multimillionaire statement. It is easily thrown around in this country. If economists or financial analyst stick to such term, there will be many multimillionaires in this world, including myself and all it takes is to have a couple of millions in your Bank account to earn such status. The reason we think this way is because we operate a cash based economy.

However, saving money in Bank accounts is not ideal because you are actually losing money. Inflation is eating into your funds and the interest income you earn is not sufficient to erode the effect of inflation. Your returns should be higher than inflation rate to actually make real returns. This is not the case in Nigeria.

We should stop deceiving ourselves. We are a poor country and likewise poor people.

Don't worry by the time you finish engaging him, you will get the idea. Opinion is diffrent from delusion! Someone trying to prove Nigeria is better than USA needs more than Yaba left to cure the craze.

Boss13:
Who is he?

What I stated are empirical evidences summarized for easy read. I didn’t want to extrapolate or begin to show that in 10 years, Nigerian residents will be poorer in comparison to their US counterpart. The economic environment in Nigeria is not getting better. The government is borrowing at a sporadic rate and debt-to-GDP ratio is 26% with plans to increase in the future. Moreover, this funds raised via debt are used for consumption and that is what Greece and Portugal are currently suffering (Borrowing to fund consumption activities). So comparing yourself to a resident in an economic viable environment is a laughable situation.

He predominantly lives in yaba left. He will be here soon to tell you most Nigerians are multimillionaires and they are better than US citizens.

Boss13:
Okay at this point I think I have to step in. I have been enjoying the crude banter. Immigration is a personal choice. Regardless of this, let me present to you economic facts that an average resident in the United State is better off than an average resident in Nigeria. I will try to break it down in layman’s terms for good understanding.

Inflation - inflation is the general rise of price of goods and services. It can also be referred to as purchasing power ability. How much can you spend with the money you have. Nigeria’s inflation rate is 16% as at October 2017. In the United state it is 2.2% as at October 2017. As you can see that is 14 percentage point difference (approximately). What this means is that an average Nigeria with N100 in his/her pocket has spending power of N84 because inflation has eaten N16 out of his money. Contrary, a United State resident with $100 has spending capacity of $98 (approximately). Inflation has eaten just $2 out of his pocket.

Devaluation - Devaluation is the reduction in the value of your currency in comparison with other currencies in the world (layman’s term). Devaluation is mostly carried out in countries struggling with growing inflation and high interest rates. Inflation largely determines the interest rate environment of a country. That is why the interest rate in Nigeria is very high (MPR 14%) and in the US (Federal Reserve rate 1.25%). Please note the relationship. Devaluation is also carried out by countries with huge balance of payment deficits (when money leaving your country is more than money coming into your country, largely due to increasing importation). We are all aware that Nigeria officially devalued it’s currency by 30%. This means in relative to other currencies, the value of the naira fell by 30%. Because Nigeria is a huge import driven economy, the average Nigeria purchasing power has lost value by 46% (the effect of inflation and devaluation). So that N100 in your pocket can relatively buy goods and services worth N54 in real terms. To properly translate, the average Nigerian is poorer by 46% (whether you agree or not).

Cash Dependent Economy - Nigeria is a cash driven economy and over 90% of all transactions are cash related. This means delaying purchases in order to save and this also have an effect on aggregate demand. The US economy is credit driven, purchases can be made quickly rather than being delayed because the funds need to be saved. So for the person saying that his US hosts were surprised that he can afford purchases during his visit probably didn’t inform them how hard he saved to afford the trip. Many US residents don’t save much, because just like in Nigeria, cash deposits don’t earn much interest. They largely depend on credit and pay off their credit as time goes. Also because interest rates are not so high. Imagine a US resident screaming over an interest rate of 5% and a Nigeria paying an interest rate of 18% (a huge difference). Another reason, Nigeria is a tough place to do business because the cost of debt is very high.

Infrastructure & Healthcare - We can all agree that this is subzero in Nigeria. I am not saying it’s the best in the States, but in comparison to Nigeria, infrastructure and healthcare is subliminal. Health is wealth, an ideology Nigerian leaders don’t get to appreciate. If your healthcare system is bad, your N73m in the Bank cannot save you. Now you can understand why famous Nigerians (celebs), during ally health, run to the general public to raise funds. A completely abnormal situation in the US.

Now you cannot compare an average resident in the US with proper legal status to an average Nigerian resident. Using your illustration of a Bank Manager, which I will prefer to call a General Manager working in a Bank, because using a Bank manager is vague. There are some managers in Nigerian Bank Grade system. The guy you see assuming the role of a Bank manager in a branch may not even be a Manager in grade status. So I will use a General manager which is the highest ranking managerial level and this grade level is equivalent to a President who heads a division in a US financial institution. You can never compare both as the President of a division earns very well and if we factor purchasing power parity, they are not on the same level.

A non-legal US resident without proper legal status on immigration terms is the same as a non-legal Nigerian Resident e.g the Beniniose, Niger, Chad or Ghanaian that carry out menial jobs in Nigeria because they do not have proper legal status or work permit. As you can observably see that you cannot compare them. Now a non-legal US resident who earns $12,000 annual in naira terms now earns N4.3m an average of N360k per month. This is the same amount an average middle-income Nigerian resident earns.

In conclusion, being in the US (legally or illegally) is much better than being in Nigeria, legally or illegally. If you compare a legal resident Nigerian to a legal resident US, a legal resident living in the US is much better to his/her Nigerian counterpart due to Devaluation of currency, high inflation and interest rate, poor infrastructure and healthcare.

Also, if you compare an illegal US resident to an illegal Nigerian resident, an illegal US resident is better than his/her counterpart. Even an illegal US resident seems to be able to afford the same lifestyle of an average Nigerian resident in real economic terms.

Thank you

PS - Please note that I used resident and not citizen. A resident is someone who is legally allowed to reside in a country.

Are you ready for timesup234

People like timesup234 had bad experience in the USA so he is scouring the Internet to produce unfavourable articles about America in order to discourage people to leave the hell hole called Nigeria.

9jaDoc:
But life is not all about making money.
How do u solve the following? (add yours):
rampant corruption everywhere and
corrupt politicians
and corrupt police
and SARS
and ritualists,
and kidnappers,
and conmen,
and yahoo boys,
and brazen robbers,
and Boko Haram,
and IPOB,
and Delta Avengers,
and baby factories,
and child molesters,
and human traffickers,
and non-viable:-
power supply,
hospitals,
schools,
infrastructure,
water supply,
waste disposal,
drainage system,
building inspection,
collapsing buildings,
dillapidated housing,
drug inspection,
food inspection,
clearing and forwarding,
customs,
mental health,
handicapped empowerment,
legal system,
judiciary,
banking system,
monetary system,
Fulani herdsmen
and military
and aviation
and filthy seaports (Apapa)
rampant strikes
fake everything
(add yours)

I was told you can buy fake rice now

timesup234 you need to go and advise the OP of this thread https://www.nairaland.com/4214750/moving-back-nigeria-usa

I am tired of your agidi

brownsugar23:
Wooow lovely but if the girl say no what will happen

The pilot will slam on the brakes

timesup234:
The american dream is the greatest lie ever told

https://www.rt.com/usa/412483-one-percent-wealth-gap/

Wow! This is a magnificent report. I'm very sure the gap between the wealthy and the poor is not wide at all in Nigeria most especially with millionaires in every corner at iyana oworo.

Is it possible to test drive?

timesup234:
Sorry dude white people and americans in general love money more than Nigeria. Obviously you havent been to the United States. Try and visit someday and you will know dollar is their god. They worship it.

You are very correct.

timesup234:
It is the truth man. The system wasnt built for people to be rich rather for all to be wage slaves. It is a global thing. Within 30 yrs the US. middles class might drop below 30%

Not everyone wants be rich. Why? I just want to able to afford anything I desire at any point in time. I dont want the type of Aliko's wealth, it's headache. I don't need 20 cars like Dino, it's just insane.

There's problem in the land when everyone wants money badly...then rituals become normal, pastors deceive people, the likes of hushpuppi and e-money with questionable source of income are being looked upto and praised by the young ones. I see them asking God to pick their calls everytime those ones flaunt the dosh. The whole system is a mess, that's why you are fvcked up in the brain about being rich in the US.

timesup234:
You obviously a learner and no nothing about the US. system. Social security can't take care of your monthly bills after retirement that's why all Americans are encouraged to contribute to a 401 k account. Presently most Americans don't even have $10,000 saved up, meaning they are all facing financial disaster late in their life. Social security might even be scrapped very soon meaning tougher days ahead for Americans

http://time.com/money/collection-post/2791163/will-social-security-be-enough-to-retire-on/

Your case is different

timesup234:
I can't answer such question in public but I can assure you that if the United States make it compulsory for all her citizens to pay rent per annum 95% of Nigerians living in America will automatically become homeless. Down here in Nigeria we even pay two years straight. Beat that!

Why would they make it compulsory to pay rent per annum do they pay salaries per annum? Your problem is that the abnormal situation of Nigeria has messed you up. You kept harping on about savings. Why do they need to save when they have good social security and credit system and pension to boot. To save for what exactly? It's the poverty mentality that makes us amass wealth and cash unnecessarily.

Can you show me statistics to show Nigerian citizens are enjoying more than US citizens? Abeg go treat your craze this is not funny any more

timesup234:
Millions of Nigerians can boast of that even as pocket change. There is no street in Nigeria you dont have a multi millionaire. Thats just 73million naira. Thats nothing to local traders

Forget about the millions of people who are multimillionaires in your dream....are you worth upto $200k?

timesup234:
They dont want to listen. Some will even hit their head on the wall because they cant stand the truth. They want to keep living in illusion. Life is really tough out there. No single Nigerian can boast of $200,000 in cash, including those who have stayed in America for 60 yrs

You can boast of the equivalent in Naira?

timesup234:
You loving all the info i am ditching out for free

As a matter of fact, you are not 'ditching' anything out...you're just trolling!

Skyfornia:
Happy birthday my father, teacher, Boss, pastor, mentor and life coach. God will continue to increase you in His wisdom and righteousness. And His Words shall continue to abide with you and give you your inheritance in Christ. I love you sir!

I am surprised you dont have jerry curls. He is your pastor and not your father.