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If Given 26 Million Naira; Stay Or Japa - Travel (7) - Nairaland

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Re: If Given 26 Million Naira; Stay Or Japa by IbeOkehie: 1:41pm On Oct 15
MT:


So because you cited just one family that you knew who started as a driver and made it as a middle class in the US makes it the norm.

While I agree with some of the points you raised, I still insist that these much touted "opportunities" people always talk about abroad are not meant for everyone, but only for highly skilled individuals.

It is a reality which cannot be argued.

And if i may ask, how is Nigeria a Socialist country according to your write up? or has socialism suddenly lost its meaning ?

I didn't cite just ONE family. I said many families. My town union in the USA had a National Convention around 1999 or so. I personally counted 400 ADULT MALES that cast votes in the election. The vast majority of them didn't come to the USA with any exceptional skills. They're all generally middle class, I'm not even counting the exceptionally rich.

When I landed in the USA, I was among a cohort of around 20 to 30 young people from many different Nigerian tribes and I was the youngest. We mostly all started from around zero. Most of us started remitting money to Nigeria within 2 or 3 months. Some went to university, some continued to work menial or low skill jobs. Some founded businesses. Some got deported, some ended up in prison, but the vast majority, over 70%, are living the regular middle class or upper middle class life. Some of them are millionaire doctors and lawyers today.

All my nuclear family has emigrated to the USA over a period of 15 years, ALL my siblings live middle class or upper middle class lives.

All the above gives me good reliable data to make reasonable conclusions. I'm a real person, this is my name. Anyone can look up and glean the evidence. There's nothing I'm writing that is out of the norm. So what is the quality of life of YOUR cohort still living in Nigeria?

Good Luck to Nigerians.

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Re: If Given 26 Million Naira; Stay Or Japa by nedekid: 1:50pm On Oct 15
phorget:
26million... I will only send my family to a more better climes, personal I will remain in Nigeria and build my idea with just 5million.

21million to get my family outside, 5million for myself.
Where will 21m get your family to outside? Processing visa and flight tickets alone don nearly chop that money. Cash them go use sustain themselves for minimum of 6 months nko? Abi you want make them de homeless abroad?
Even you too, what will 5m do? It is money no doubt but with what apc +, t pain has done to the naira, 5m wount take you far, heck a 2003 corola is over 8m.
Re: If Given 26 Million Naira; Stay Or Japa by gaddafe(m): 1:53pm On Oct 15
phorget:
26million... I will only send my family to a more better climes, personal I will remain in Nigeria and build my idea with just 5million.

21million to get my family outside, 5million for myself.

It seems you underestimate how useless the naira is. It will cost close to 30mil or a little above it to relocate a wife and two kids.
That is if you want your wife to have a good job over there.
Re: If Given 26 Million Naira; Stay Or Japa by Henryfocoyo(m): 1:54pm On Oct 15
Godwin4444:
just Dey play

I really don't like to argue about things like this here cos what I know about nairaland is that they will always tell u d money isn't enough

If u say u need a bicycle n u have 30 million they will always tell u it's not enough

If I get that 26 million I won't even come here to ask questions n let them tell me it's not enough I will go to d plug direct


So to u just Dey play
a young man posted here that he use to give his wife 500k every month and his wife is complaining that is not enough he should increase it and people here are supporting his wife that 500k cannot do anything in this period that he should increase it, and believe me most of this people saying this have not seen 1m in their account before!

2 Likes

Re: If Given 26 Million Naira; Stay Or Japa by MT: 1:55pm On Oct 15
IbeOkehie:


I didn't cite just ONE family. I said many families. My town union in the USA had a National Convention around 1999 or so. I personally counted 400 ADULT MALES that cast votes in the election. The vast majority of them didn't come to the USA with any exceptional skills. They're all generally middle class, I'm not even counting the exceptionally rich.

When I landed in the USA, I was among a cohort of around 20 to 30 young people from many different Nigerian tribes and I was the youngest. We mostly all started from around zero. Most of us started remitting money to Nigeria within 2 or 3 months. Some went to university, some continued to work menial or low skill jobs. Some founded businesses. Some got deported, some ended up in prison, but the vast majority, over 70%, are living the regular middle class or upper middle class life. Some of them are millionaire doctors and lawyers today.

All my nuclear family has emigrated to the USA over a period of 15 years, ALL my siblings live middle class or upper middle class lives.

All the above gives me good reliable data to make reasonable conclusions. I'm a real person, this is my name. Anyone can look up and glean the evidence. There's nothing I'm writing that is out of the norm. So what is the quality of life of YOUR cohort still living in Nigeria?

Good Luck to Nigerians.


I will always get surprised why you made a conclusion on the examples you cited here. National statistics does not work that way.

Yes you cited examples that are personal to you, which cannot be verified - that cannot be used as a yardstick in this discourse.

You said you started sending money home after 2 months of landing in the US, virtually everyone that travels abroad do this. That is not a measure that you are okay. Most folks from Nigeria do that in order to send a message that they have "arrived" while slaving away. How many of them can even embark on major projects in Nigeria?.

Do not get me wrong, I am not arguing that people are not doing well abroad but we should stop the generalisation and over exaggeration. To each one his own. Individual's circumstances differ, and so it will be wrong to be egging people's on based on a personal experience alone.

And why comparing US to Nigeria. They are not in the same pedestal. US is a developed country, Nigeria is a developing country. Opportunities are more in the US but not in the way people exaggerate it here. And those opportunities are limited to some set of people.

And more so, you never clarified what you earlier stated that Nigeria is a SOCIALIST country, which explains why Nigeria is a poor country, according to you.

2 Likes 3 Shares

Re: If Given 26 Million Naira; Stay Or Japa by Fiscus105(m): 1:55pm On Oct 15
Godwin4444:
26 million will not do student visa?

U people should calm down abeg


My sister in law that went to UK last month, spent more than that, despite that her mum ensured maximal reduction in wastage of resources when going abroad.

I doubt if you guys know how badly Naira is performing against major currencies.

1 Like

Re: If Given 26 Million Naira; Stay Or Japa by Jamenzy: 1:58pm On Oct 15
maternal:
Hello all,

If you got 26 M naira tomorrow, do you stay or japa ? I have a friend who inherited 26 M with a wife and son. He has decided to stay. I can't see that money lasting more than 2 years with today's economy in naija.

Fellow nairalander, what would you do ? Stay and invest, or leave ?
I will stay invest the money here o
Re: If Given 26 Million Naira; Stay Or Japa by Pootle: 2:04pm On Oct 15
onatisi:

Travel out with that 26m and start working abroad to raise 26m to save and come back to Naija again .
Isn't that madness

japa syndrome will pass some day, one thing damaging this country is creed no one is content. 26m is small but enough to set anyone up if well used

1 Like

Re: If Given 26 Million Naira; Stay Or Japa by Love800(m): 2:05pm On Oct 15
Before one embark on express entry, he/she should be already working in a good company/job for a good number of years, before he thinks of going that route.
Lastbornbuns:
POF required for a family of 3 for Canada's express entry is 22,483 CAD which is more or less the 26m naira he has. That money won't go far on student visa (it's literally the equivalent of 1 year tuition in some schools) and with all the speculation and instability surrounding student visas nowadays, he's better off applying for permanent residency. If not for any other reason but to be free (relatively) from immigration control and have access to more opportunities.

Hence, I'd advise he studies the express entry program very well, decides what category he or his wife can fit into, work towards meeting the requirements for that category. It might take a year but if well planned, will pay off greatly. In Canada, they will have to upskill/reskill/do whatever it takes to adapt and position themselves well. It won't be easy and it will take a lot of time and patience but they have to play the long game and think of their future (plus that of their child). There are bridging programs available that help settle new PRs and they shouldn't be scared of going back to school if necessary.

The way Nigeria is going, 26m is quickly losing value and by the time it finishes, japa-ing would've become even more expensive. T-pain still has 7 years to rule.

One currency's millions is not even up to half of 100k in another currency. Quel dommage!
Re: If Given 26 Million Naira; Stay Or Japa by Henryfocoyo(m): 2:05pm On Oct 15
Mariangeles:


Even in the US, $16k is not "just".
70% US citizen don't have that money in their savings unless the tech guys or other big business owners.
Nigeria just say rubbish, them no get 1 Naira for their account yeye people

1 Like

Re: If Given 26 Million Naira; Stay Or Japa by chiefolododo(m): 2:09pm On Oct 15
phorget:
26million... I will only send my family to a more better climes, personal I will remain in Nigeria and build my idea with just 5million.

21million to get my family outside, 5million for myself.
Don't try this....fear women
Re: If Given 26 Million Naira; Stay Or Japa by Henryfocoyo(m): 2:10pm On Oct 15
spiceadole:


JAPA!
If I had not left Nigeria when I did,at this point no amount of money will make me stay back.
The more money I have,the faster I will japa
what of 300m

1 Like

Re: If Given 26 Million Naira; Stay Or Japa by ask4bk(m): 2:11pm On Oct 15
It may not reach 2 years in Nigeria,
But it'll also not reach 8 months in Europe.

No better place to stay, build and enjoy money than in Nigeria if you know what you are doing
Re: If Given 26 Million Naira; Stay Or Japa by Love800(m): 2:12pm On Oct 15
Lol.
Funny.
Judolisco:
Go ilorin, buy land 300k or 400k, used 6 million build a house , buy another land close to it for d same amount, start fish farming..... Dey cash out over 2 million every 6 months..... Wetin I wan go find abroad? Everybody get different plans Sha
Re: If Given 26 Million Naira; Stay Or Japa by Henryfocoyo(m): 2:13pm On Oct 15
tope777:
I'll convert to usd, that's $15,800 send to my deriv account and make minimum of 3% per day and compound.
Haaa the money 💰 already double after 25 days.
No plan to Japan.
Work in Nija and earn in usd $👊
explain this to me please
Re: If Given 26 Million Naira; Stay Or Japa by Love800(m): 2:15pm On Oct 15
What are the business one is ashamed to do?
Dialpad:
If he is not ashamed to do certain businesses, then he should stay.

He can make 4 times the money in 2years or less.

Re: If Given 26 Million Naira; Stay Or Japa by Paulmohammed88(m): 2:16pm On Oct 15
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Re: If Given 26 Million Naira; Stay Or Japa by Love800(m): 2:18pm On Oct 15
Why na!
I thought buying and selling is the best.
Empresa:
Stay back and invest. But invest in services not buying and selling
Re: If Given 26 Million Naira; Stay Or Japa by Love800(m): 2:21pm On Oct 15
With the depreciating value of the naira!
Not a wise idea.
Tektronics12:
100 percent Stay. Invest the money and get double the Amount annually. Even stanbic IBTC gives 50percent return annually.

A little word is enough for the Wise..

1 Like

Re: If Given 26 Million Naira; Stay Or Japa by hkidola00(m): 2:24pm On Oct 15
HAAA omo i need to sit and av a rethink, never thought bout this, so it means they travel to secure the future of their kids,....i mean not all of dem have enough to eventually to build house self
onatisi:

Bros so you don't know ?
The money many people raise to travel.isbthe same they start working to save abroad to come back home again to settle down.
Imagine someone selling his house and property to travel.out ,he will now spend years and hard labour to save that amount of money again after so many years to come back to Nigeria to build the same house again.
Let's assume he spends 5 years to save and build , he sells it , travels out and now start saving for another 5 years to come back and build just one house . The money many spend to travel is the same amount of money majority of those abroad are praying for daily to rush down back to Naija and settle down
Re: If Given 26 Million Naira; Stay Or Japa by Love800(m): 2:25pm On Oct 15
Paycheck to paycheck, you are very correct on this one.

You forgot to add that they enjoy social amenities and a good/working environment. This one is the most priority.

You are living rich in Nigeria with insecurities around your riches. You are poor!
MT:


You guys are comedians.

I asked again - what is the percentage of people that have even 5000 USD in their account abroad as savings?

People that live paycheck to paycheck and their accounts are constantly in red.

I am not against anyone who wanna travel but stop making it sound like 16,000 USD is so easy to come by abroad.

If some people abroad could be offered the same job they were doing before they left Nigeria, they would snatch your hands off to accept it back. Reason why most people cant come back to Nigeria is because they have nothing again to fall back on in Nigeria.

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Re: If Given 26 Million Naira; Stay Or Japa by Love800(m): 2:29pm On Oct 15
What about Nigeria that you work all your life and still cant attain basic amenities!
Atleast in abroad, you are certain of a good life, if you work hard.
MT:


Basic amenities are ONLY assured if you pay for them.

There are people sleeping in darkness abroad because they do not have money to pay for their electricity bill.
Re: If Given 26 Million Naira; Stay Or Japa by MT: 2:32pm On Oct 15
Love800:
Paycheck to paycheck, you are very correct on this one.

You forgot to add that they enjoy social amenities and a good/working environment. This one is the most priority.

You are living rich in Nigeria with insecurities around your riches. You are poor!

You are correct on good/working environment.

The same "social amenities" you came online to cry over; same things that you say make you live below poverty line due to how much you pay for bills.

Are there not people living in darkness due to the fact that they cannot afford electricity bills? Are there no more homeless in your "paradise" ? Are there not poor people who live on handouts ? Are there not unemployment?

I will expect your new "paradise" will be absolutely perfect.

And let me let you know, I enjoy the two worlds. The foreign passports that you are chasing, I have 2 in different western countries; these are countries you will kill for to obtain just 1.

That wont stop me from telling others the reality. Abroad is a step up for some and step down for some. Evaluate and choose carefully is all I preach here.

So, Rich boy, what have you accomplished in all your waka waka across the world? grin grin grin And are you saying all western countries are safer than Nigeria, US especially comes to mind.
Re: If Given 26 Million Naira; Stay Or Japa by cococandy(f): 2:35pm On Oct 15
Most Nigerian migrant families in the USA are middle class.What are you talking about?

And if both partners work, then they are most likely upper middle class.

Realistically inflation makes it such that $100k isn’t what it used to be 10 years ago. Still any family making over $150k a year is comfortably middle class. And that’s less than what two professionals make together in year. Pls stop discouraging people
MT:


So because you cited just one family that you knew who started as a driver and made it as a middle class in the US makes it the norm.

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Re: If Given 26 Million Naira; Stay Or Japa by MT: 2:37pm On Oct 15
Love800:
What about Nigeria that you work all your life and still cant attain basic amenities!
Atleast in abroad, you are certain of a good life, if you work hard.

Your "work hard" is mostly slaving.

A second hand citizen in a foreign land.

Whatever you enjoy over there, I provide for myself in Nigeria at a relatively cheaper cost.

And I am still relevant over there.

Stop talking down your own country, it is a form of insanity.

1 Like

Re: If Given 26 Million Naira; Stay Or Japa by deogratiasfxtv: 2:38pm On Oct 15
maternal:
Hello all,

If you got 26 M naira tomorrow, do you stay or japa ? I have a friend who inherited 26 M with a wife and son. He has decided to stay. I can't see that money lasting more than 2 years with today's economy in naija.

Fellow nairalander, what would you do ? Stay and invest, or leave ?

You are wicked friend. Even 2M is enough to stay and multiply
Re: If Given 26 Million Naira; Stay Or Japa by Dishboss: 2:38pm On Oct 15
Henix:


U want to tie down money somewhere because of 15% per annual interest? With the current rate naira is losing its value everyday? The idea makes no sense in today's Nigeria
that is interest of 3.9m a year and you still have your main capital. Remember
Re: If Given 26 Million Naira; Stay Or Japa by MT: 2:38pm On Oct 15
Henryfocoyo:
70% US citizen don't have that money in their savings unless the tech guys or other big business owners.
Nigeria just say rubbish, them no get 1 Naira for their account yeye people

So correct! grin grin grin grin grin
Re: If Given 26 Million Naira; Stay Or Japa by phorget(m): 2:46pm On Oct 15
chiefolododo:
Don't try this....fear women


As long as I have my kids up there then I care less about the woman. My kids future is more important than anything a woman can do.
Re: If Given 26 Million Naira; Stay Or Japa by MT: 2:48pm On Oct 15
cococandy:
Most Nigerian migrant families in the USA are middle class.What are you talking about?

And if both partners work, then they are most likely upper middle class.

Realistically inflation makes it such that $100k isn’t what it used to be 10 years ago. Still any family making over $150k a year is comfortably middle class. And that’s less than what two professionals make together in year. Pls stop discouraging people
#

You are upending the discourse.

One, when we say "abroad", it does not have to be the US alone.

Two, you have not shown with proof how many Nigerian family (husband plus wife) makes over 150k USD per annum. The data you referenced is relevant to a 3-member household - a father, a mum and a child. You need to consider that too.

In IT, if you are skilled, a single individual actually makes over 120 USD per annum but how many people fall into that class.

Yes there are professionals making money. I am not arguing that but holistically speaking how many people make it?

I am not discouraging anyone - either you go abroad or not, it does not affect me in anyway. I am only saying, evaluate your current situation carefully and make an INFORMED decision. How does that translate to discouraging people?

If you accuse me of discouraging others, I will accuse you of over exaggeration.

1 Like

Re: If Given 26 Million Naira; Stay Or Japa by phorget(m): 2:48pm On Oct 15
gaddafe:


It seems you underestimate how useless the naira is. It will cost close to 30mil or a little above it to relocate a wife and two kids.
That is if you want your wife to have a good job over there.



With 21million from my own end then I'm good to go, her family will raise any extra expenses as long as everyone will benefit from same venture.

1 Like

Re: If Given 26 Million Naira; Stay Or Japa by HellVictorinho9: 2:50pm On Oct 15
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