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Can Someone Earning ₦21M Monthly Afford This Garage? - Politics (7) - Nairaland

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Re: Can Someone Earning ₦21M Monthly Afford This Garage? by MIKOLOWISKA: 11:15pm On Aug 15, 2024
LandMann:
Dino is like every other corrupt politician in Nigeria. He got his hands on government money through corruption then invested most of them into bitcoin very early when bitcoin crashed and the price was below $10000-$15000.

90% of the wealth he enjoys today is due to bitcoin price rising crazily.

Subsequently he's been helping some other non techy politicians launder stolen money from Nigeria through crypto, thereby creating an endless stream of money for him to acquire these wealth toys and flaunt in public while claiming to own a ghost McDonald franchise

Nigeria is a huge crime scene. Only the treatment given by J Rawlings to the corrupt politicians in Ghana can set Nigeria back on track

Till then it's free for all
is Ghana not of track now despite rawlings
No be by gragra
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Jaboranky(m): 11:19pm On Aug 15, 2024
Wainey:
Or am I the only one thinking these senator earn way more than that.
Cheapest Lamborghini cost N200m and someone has up to three in his garage, that is three years worth of salary.
G-wagon cost up to N100m.
Rolls Royce cost around N600m and u have 3, which is 1.8b.
Dino is an high class yahoo ask ushpopy
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Olufemiolaolu(m): 11:22pm On Aug 15, 2024
He must be into oil bunkering business and some shady deals He may even have oil well like Fólórunsó Alakija.
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Mezie7(m): 11:32pm On Aug 15, 2024
You think those committee they lobby to chair is child's play, that is their cash cow

As for Dino, I learnt he is from a wealthy family
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Odidigboigbo(m): 11:32pm On Aug 15, 2024
lexy2014:




so what was Dino doing fainting in court?
That case has nothing to do with corruption nor EFCC but he was rather accused of providing guns for some armed robbers, (Osama and Small), you can research properly.
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Kobojunkieee: 11:34pm On Aug 15, 2024
Mezie7:
You think those committee they lobby to chair is child's play, that is their cash cow. As for Dino, I learnt he is from a wealthy family
Make una dey beru olorun when una dey tell these fabu/lies naw! Dino himself made clear that he came from a poor background.
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by PARADIZEPRIEST: 11:41pm On Aug 15, 2024
You are all going to hell soon who looTed na NAIJha oil money since 1999IFSHA angry
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by armyofone(m): 11:56pm On Aug 15, 2024
Kobojunkieee:
No dey ask me that kain question abeg!! 😂😂😂😂😂😂

Imagine, my brain almost tried processing that one. I literally had to put a full stop to it immediately I realized what it was you were asking. You wan make my brain crap out for the rest of the day abi wetin? 🤣🤣🤣🤣🤣🤣🤣

grin grin
🤣🤣
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Henryfocoyo(m): 11:59pm On Aug 15, 2024
Kobojunkieee:
Do you happen to know the address of the flat at least make we try get some facts on this man to start a real profile on him with. undecided
bruh how do you expect anybody to know the address of the house, common bruh
Dino in 2002 has nothing
I searched for this picture for you to see

Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Akinpresident: 12:02am On Aug 16, 2024
Kobojunkieee:
There is no record of this man working or creating any product in all of his life or running any profitable company in or outside of Nigeria before entering into politics. Dino is a career politician. undecided

They're chairmen of various senate committees and ministries that falls within his committee present their budget through them. Obviously he'll negotiate a cut from their budget so he doesn't play his oversight function on what they do with the rest of their budget.
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Kobojunkieee: 12:03am On Aug 16, 2024
Henryfocoyo:
bruh how do you expect anybody to know the address of the house, common bruh
Dino in 2002 has nothing. I searched for this picture for you to see
If this is 2002, then it means whatever money he made, he made it between that time and just before he became senator in 2003. Where is the link to where you found this picture abeg! angry
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Bignuell(m): 12:05am On Aug 16, 2024
ShoeGetSize:
Exactly. How did Dino Melaye acquire $800 million dollars from holding a public office?

Dem say na Mcdonalds franchise dey fund na him give am the $800M networth. Some Nigerians ehn
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Kobojunkieee: 12:05am On Aug 16, 2024
Akinpresident:
↪ They're chairmen of various senate committees and ministries that falls within his committee present their budget through them. Obviously he'll negotiate a cut from their budget so he doesn't play his oversight function on what they do with the rest of their budget.
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Antichristus: 12:36am On Aug 16, 2024
Wainey:
Or am I the only one thinking these senator earn way more than that.
Cheapest Lamborghini cost N200m and someone has up to three in his garage, that is three years worth of salary.
G-wagon cost up to N100m.
Rolls Royce cost around N600m and u have 3, which is 1.8b.

Angry mobs should set his estate on fire
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Gerrard59(m): 12:45am On Aug 16, 2024
MakindeHassan:
We truly deserve our leaders. See how some of you are defending them.

They earn around 21m monthly in addition to 200m annually for constituency project that they don’t carry out. That is 800m in 4 years. This does not include bribes from agencies they supervise whenever they visit or when they need to pad budget and also money from selling job slots. There is also money they make from government programs because they have a lot of first hand information at their disposal
It is the reason you should never believe the notion that Nigeria's leaders are the problem. The citizenry will do worse than them. See the way they defend Dino with no hard and reputable evidence.

MacDonalds ko, KFC ni!

2 Likes

Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Gerrard59(m): 12:48am On Aug 16, 2024
bdon123:

D poor will always tink d rich is responsible for their poverty. Mind u,dino has a lot of estates in Abuja....d guy has heavy investment in real estate..bt d poor wont understand the this.Infact ,some of his estates he refused selling d houses bt rented it out only n people are even begging him to sell.
I hope this educates u abt how money is really made.
Total nonsense! You were asked how did Dino make his money, you began listing estates here and there. Did he steal those estates? So na Dino person go envy because he has some coins?

You see, this happens when most citizens have never made legitimate wealth and have rogue politicians to look up to. Dino just like most politicians or politically exposed people are not who a sane person should envy their wealth.

1 Like

Re: Can Someone Earning ₦21M Monthly Afford This Garage? by obaidan: 12:55am On Aug 16, 2024
lexy2014:


how many franchise owners in the US have the cars like Dino has?
Franchise owners in US have their expenses in dollars, Dino earns dollar but balls in Naira. That is the difference.
A man with same asset as Dino living in the US can never afford as much luxury as Dino.
-if franchise owner that lives in the US needs a cook, he will pay the cook USD25k per year, and that will be a bottom tier cook sef, probably undocumented, and I doubt he will even do that....If Dino carry 10million Naira(less than USD7k) say e wan pay cook per year, all the Transcorp Hilton cooks go and every other 5 star hotels go apply.
-the property tax that the one living in the US will pay, e reach for Dino to use am finance some luxury.


Essentially Dino and the man living in US(with same asset) have similar income but different living expenses. Na where Dino go get plenty extra to live a more luxurious life.
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Mezie7(m): 1:03am On Aug 16, 2024
A relative of mine who did his nysc said otherwise. You know politicians and Nigeria like the " grass to grace story".

But the truth is that, our legislators get kickbacks from those committee they chair/co chair
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by shekauvsbuhari: 1:08am On Aug 16, 2024
Wainey:
Or am I the only one thinking these senator earn way more than that.
Cheapest Lamborghini cost N200m and someone has up to three in his garage, that is three years worth of salary.
G-wagon cost up to N100m.
Rolls Royce cost around N600m and u have 3, which is 1.8b.
Stop talking like a caveman. What if he's doing other businesses? Has he been a senator all his life?
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by obaidan: 1:12am On Aug 16, 2024
Kobojunkieee:
Where in the U.S is that? Name, location, year?

In 2020 Dino Melaye himself said, success began to flood in for him after buying a McDonald's franchise during a recession in the United States. He said he bought the franchise $350,000, adding that the latter has given birth to seven other franchises. According to Melaye, his profit after tax today is $1.2 million (N458,400,000)

The only thing u can now argue is if what he(Dino) said is true. But as I do not have any proof that contradicts it, what should I do.. If you say where did he get the money to buy the franchise, i gree with u on that one.Meanwhile the EFCC that we know would have troubled him if he was making a lot of his money from Nigeria.
And if his story about $1.2m after tax is true(there is actually no reason to doubt it anways, 7 McDonalds franchise will definitely do far far more than that today.) then he has the means to live the luxury we see
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by hollas2jnr(m): 1:28am On Aug 16, 2024
ChristCee:

I know we don't like these politicians and their corrupt practices but have you considered the possibility that he might have other businesses and income streams within and from outside Nigeria? Remember poor person no dey become senator oo before you enter that chamber you must have already become a millionaire.

No matter how long you take to research on Dino, there's no record of him owning any business, local or international. Reason many of our Naija billionaires cannot make it to the Forbes List.
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by obaidan: 1:29am On Aug 16, 2024
Bignuell:
Dem say na Mcdonalds franchise dey fund na him give am the $800M networth. Some Nigerians ehn
if we are being super conservative, wage bill of 1 McDonalds store is not less than $350k per year. Dino says as at 2020, he had 7 franchise and was making USD1.2m profit after tax. I dont know how much he is worth in assets o, 800M is a lot, but if what Dino says is true(i have no reasons and facts to doubt him) the people talking about 800M may not be too far away, and probably banks may own a substantial part of the whole asset too,
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by hollas2jnr(m): 1:35am On Aug 16, 2024
bdon123:

D poor will always tink d rich is responsible for their poverty.Mind u,dino has a lot of estates in Abuja....d guy has heavy investment in real estate..bt d poor wont understand the this.Infact ,some of his estates he refused selling d houses bt rented it out only n people are even begging him to sell.
I hope this educates u abt how money is really made.

Do you know you've not actually said anything worthwhile, as regards trying to buttress he's worth the lifestyle he's living?
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by LaRosa01: 1:37am On Aug 16, 2024
if they arrest you now,you would say they are wicked,withdraw this comment


NorthernAgender:
Dino is a drug baron
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by nesphil(m): 1:46am On Aug 16, 2024
Like Tinubu abi

NorthernAgender:
Dino is a drug baron
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Lionize: 1:48am On Aug 16, 2024
Kobojunkieee:
Where in the U.S. are his so-called fast food franchises? That is my question. undecided
It's one of the very popular brands. If you dig deep, you will get it.
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Kobojunkieee: 1:49am On Aug 16, 2024
Lionize:

It's one of the very popular brands. If you dig deep, you will get it.
Stop lying abeg and tell me the location already! undecided
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by kanupapilo: 1:56am On Aug 16, 2024
Ttalk:


He made the money he used to buy franchise as student union?
Who do you like this Mrvitalis?
grin
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by sonofsteven: 1:56am On Aug 16, 2024
bdon123:

D poor will always tink d rich is responsible for their poverty.Mind u,dino has a lot of estates in Abuja....d guy has heavy investment in real estate..bt d poor wont understand the this.Infact ,some of his estates he refused selling d houses bt rented it out only n people are even begging him to sell.
I hope this educates u abt how money is really made.

Most poor people find ways to justify that fact that they couldn't make it and that ways na to talk say everyone who made it did ritual, did drugs,did some illegitimate businesses to be able to afford their lifestyle

Now, a business man has what they call secrets of business, they won't tell you in details on how they made it... they tell you the one they wish to tell you

My brother said,

Guy let your money work for you, always invest in things that have future,never leave money in ur bank account instead find one company and invest it, make e dey give you return, invest in land, then I bought lands in lekki phase 1 before it developed, now each plot for there cost Nothing less than 100m(for instance)though then was 3m per plot

I can lease it out to factories and be collecting my rent... people don't know I have those lands, I decided to sell it to invest in a bigger project maybe buy shares in Apple or tesla or something big, and mind you no one will know what I'm doing with my money.. now when I start reaping the fruits, they are like how come

Some people fit use 10yrs build house, when they pack in, you go say na when him see money wey him use build house to live etc... people with sense sit down all night to think, may see land and buy,fence am and lock up... at least I dey buy lands, shares etc, now make we use crypto for example

There's this coin I call a bad investment

TRON
DOGE
SHIBA

I invested heavily on Shiba and it isn't growing

Let's say I wake up one night and e enter 1$ trade mark not 1k$ o

Now let's say I have 200,000pcs or 1million pieces of it, now na overnight riches, I con go buy properties everywhere begin do big things then still invest in other areas,what do you think people will or would or are going to say?

None can understand what they don't know, instead of working smart and hard without jealousy they call you all manner of things

Talk bad or down of whatever they don't understand instead of learning
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Wainey: 2:06am On Aug 16, 2024
shekauvsbuhari:
Stop talking like a caveman. What if he's doing other businesses? Has he been a senator all his life?
ur mother was my flatmate in the cave, that is where we made u and accused ur father to be responsible.
I'll come pick u up wen I finally made it son
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Kobojunkieee: 2:23am On Aug 16, 2024
obaidan:
↪ In 2020 Dino Melaye himself said, success began to flood in for him after buying a McDonald's franchise during a recession in the United States. He said he bought the franchise $350,000, adding that the latter has given birth to seven other franchises. According to Melaye, his profit after tax today is $1.2 million (N458,400,000)
↪ The only thing u can now argue is if what he(Dino) said is true. But as I do not have any proof that contradicts it, what should I do.. If you say where did he get the money to buy the franchise, i gree with u on that one.Meanwhile the EFCC that we know would have troubled him if he was making a lot of his money from Nigeria.
↪ And if his story about $1.2m after tax is true(there is actually no reason to doubt it anways, 7 McDonalds franchise will definitely do far far more than that today.) then he has the means to live the luxury we see
A man had no job, then suddenly this man claims he bought a McDonalds for $350,000 and you didn't ask where he got the money from? Those fantastical stories he fed your kind only work in your Nigeria, you do that know, right? 🤔🤔🤔🤔🤔

All those out of these world stories about how you go from zero to millions that your pastors fill your heads with in preparation for your accepting their ludicrous claims of how grace got them to become millionaires and billionaires without so much as lifting a single finger only works in Nigeria and not in the real world outside of those delusions. undecided

2. Here is a simple formula in the real world! If it sounds too good to be true, it is(too good to be true that is). Dino lied to you, people. That is the simple and short of it. undecided

3. It seems more to me that you liked being deceived a lot! undecided
Re: Can Someone Earning ₦21M Monthly Afford This Garage? by Chiefwandungu(m): 4:01am On Aug 16, 2024
What MacDonald's franchise?? Where?? To own one, you need to raise capital of nothing less than $2,000,000 and you'll be thoroughly vetted by the Financial guys at MCDONALD'S HQ. You can't just bring money into the US and say I want to buy a McDonald's franchise here's the money. Where did you get it from?? What's your background in business etc...C'mon McDonald's my foot. Smh......

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