Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,206,739 members, 7,996,630 topics. Date: Thursday, 07 November 2024 at 12:43 PM |
Nairaland Forum / OteDOLLAR's Profile / OteDOLLAR's Posts
Travel / Re: World Wrapper Man Embarks On Marathon From Lagos To Benue. Photos by OteDOLLAR(m): 1:01am On Oct 23, 2017 |
oshe11: I need to know too, so I can sell my own steps too. I take thousands of steps per day for free |
Business / Re: Lady Flaunts Money She Withdrew From ATM, Says "I'm A Money Spender" (Pics) by OteDOLLAR(m): 6:27pm On Oct 20, 2017 |
rich girl that will still fly bike now |
Sports / Re: Egypt Vs Nigeria AFCON Qualifier: 1 - 0 on 29th March 2016 by OteDOLLAR(m): 8:49pm On Mar 29, 2016 |
Reference: I wonder o!!! |
Sports / Re: Egypt Vs Nigeria AFCON Qualifier: 1 - 0 on 29th March 2016 by OteDOLLAR(m): 7:56pm On Mar 29, 2016 |
Ighalo was as useless as menstrual blood in dis match! What is d usefulness of a striker dat could not take a shot or even make a complete pass?? 2 Likes 2 Shares |
Culture / Re: Big Python Saved In My Village(pics) by OteDOLLAR(m): 4:25pm On Mar 26, 2016 |
Front page material! |
Politics / Re: Electricity: My People Have Always Been In Darkness!!! by OteDOLLAR(m): 4:12pm On Mar 26, 2016 |
SleekMallam: Amen... Its so unfortunate the people are silent about their predicament. WE NEED HELP!!! 1 Like 1 Share |
Politics / Electricity: My People Have Always Been In Darkness!!! by OteDOLLAR(m): 1:37pm On Mar 26, 2016 |
Please please and please... Mods; pls move this piece of info to FP! My people are suffering! Some people might say its exaggeration, bt in actual sense, its d truth. I am a native of Ikire, a town in Osun state, about 4km from Ibadan. Wen people are complaining about power supply in their areas, I see it as a centurial joke. Really, because my people have not had electricity supply from the DISCO or PHCN for a accumulated 7-days in the last 10years! In the last 3 months, there av not even been a minute supply in the town. The residents are not talking, the political class is silent, the royal council is dormant! But someone still needs to speak up for my people! This town is in total neglect! Despite its popularity for the production of Dodo Ikire, and agricultural settlements it harbors. No water supply to any community in the town, No power in the town, Bad roads everywhere... And the communities are filled with uneducated/ half educated children I don't see any future for in this situation. I am only priviledged to be among the lucky few... MY PEOPLE ARE SUFFERING!!! Oga Mynd44 ati Lalasticlala abeg help our ministry! |
Dating And Meet-up Zone / Re: Have You Been Dreaming Of Marrying Your Birthday Mate? Pls Come In by OteDOLLAR(m): 1:09pm On Mar 26, 2016 |
fierceella:I always see February 17 and 19... Which is urs? |
Dating And Meet-up Zone / Re: Have You Been Dreaming Of Marrying Your Birthday Mate? Pls Come In by OteDOLLAR(m): 8:06pm On Mar 24, 2016 |
February 18 |
Celebrities / Re: The Face Of Wizkid's Son By Binta Diallo (Photos) by OteDOLLAR(m): 7:12pm On Mar 24, 2016 |
Monalisa185: It will become Wizkid-----2BABA 2BABA-----BABA NLA[/b] 36 Likes 4 Shares |
Romance / Re: THE WOOING CHALLENGE 2016 [men Edition] *day 1* by OteDOLLAR(m): 12:17pm On Mar 24, 2016 |
Real mean woo ladies by simply dropping by in a nice ride, usually we like black coloured ridez We dress in white Kaftan or a well tailored and dry cleaned suit. Walk to d babe and fakes a call on our Iphone 6+ or S6 Edge just to flaunt. Tell d babe u'd like to talk with her just for a few moment, and if ur mouth is as sweet as mine, u wouldn't need any poetic line to seal the date d next day and Dazall! Believe me if she has a bf, she'll quickly remember how bad a bf he had been all this while! |
Sports / Asisat Oshoala Makes Goal Scoring Debut In Arsenal Ladies Win by OteDOLLAR(m): 10:19am On Mar 24, 2016 |
Asisat Oshoala makes goal scoring debut in Arsenal ladies win The forward marked her debut with a goal as the Gunners dismissed Reading women on Wednesday Nigeria international Asisat Oshoala made a goal-scoring debut in Arsenal Ladies 3-1 victory against Reading FC Women on Wednesday night at Meadow Park. The Nigerian’s first appearance for the Gunners few days after her switch from Liverpool Ladies became a reality as she started against Reading in her second season in the English Women's Super League. Dutch star Dominique Jansse put the Gunners ahead in the 34th minute with the woodwork denying Oshoala of her debut goal nine minutes later before the break. On the resumption of the second half, the 21 year old sailed into the box and rounded the visitors goalkeeper before slotting into an empty net her first goal to double Arsenal's lead. But Boho Sayo pulled one back for Reading in the 58th minute before Danielle Carter extended the Gunners' lead in the 70th minute to secure victory. The impressive victory for Oshoala who last for 90 minutes in their opening game of the season temporarily puts the Pedro Martínez Losa's side atop of the WSL with three points and two goals. They will next travel to Manchester to face Manchester City Ladies in their second game of the season on Monday, March 28.
|
Politics / Re: Saraki, Dogara Hire 282 Aides by OteDOLLAR(m): 9:55am On Mar 24, 2016 |
The aide's are not enough jhor. Afterall, Government na industry, and aide na job. But I'll appreciate if they are all paid minimum wage! Saraki, Dogara are patriots for creating employment in d Government industry, bt those aide's need to be paid minimum wage! Iam_AB says so. |
Business / Making Money Off A Ailing Business: The Palm Oil Business by OteDOLLAR(m): 11:30am On Mar 20, 2016 |
When most people hear that palm oil business is very lucrative, they quickly dismiss the idea of taking a plunge because starting up a palm oil processing company requires much more capital than they can ever afford. But the truth is that you too can tap from the opportunities in the palm oil business without necessarily having to set up your own processing company or starting a palm plantation. How? You can achieve this by buying and selling palm oil for profits. In fact, you can make millions just by buying, storing, and reselling palm oil. One of Nigeria’s billionaires, Orji Uzor Kalu started out in business as a palm oil trader and he made millions from this business. Before I discuss the steps involved in buying and selling palm oil for profit, let me enlighten you about the commodity and its marketability. ( I am assuming you do not know anything about it before now. Pardon me if you already did ). 4 REASONS WHY YOU SHOULD START TRADING PALM OIL FOR PROFITS Palm oil is a natural extract from the red palm fruit. It is orange or yellowish red in color, and it is widely produced in West African countries and in Far East countries such as Malaysia and Indonesia. In these countries, it is widely consumed by the natives, and it is also exported to neighboring countries. Palm oil owes its huge demand in countries such as Nigeria and Malaysia in part to its huge population and health benefits. Palm oil is a good source of vitamin E, which promotes healthy skin. It is also rich in carotene, which enhances vision. And most importantly, unlike most other oils, it doesn’t promote the accumulation cholesterol and low- density lipoproteins that are harmful to the body. Another reason why palm oil sells well in the above- mentioned countries is its relative cheapness when compared with other edible oil, and its relatively long shelf life. With proper storage, palm oil can last up to one year without losing its quality. In Nigeria and other West African countries, virtually every household cooks with palm oil. So, you can imagine how much profit you can make from the market in these countries. With the above in mind, let’s now discuss how the business of buying and selling palm oil works. It goes without saying that this business simply involves buying palm oil and selling palm oil, but there are two methodologies of running this business; and you are free to choose any of the two or even combine both. HOW TO MAKE MONEY BUYING AND SELLING PALM OIL 1. Choosing your palm oil business model The first model involves buying the commodity, adding some margin, and selling to the next available buyer. Though you won’t make huge profits with this model, you will make smaller profits on a consistent basis. The downside of this model is that you may be badly hit by sharp drops in the price of the commodity, which happen occasionally. But there are two sides to this possibility; you can make huge profits during occasional price surges as well. The second model involves buying during the time of the year when the commodity is abundant, and selling only when it becomes scarce. Usually, in Nigeria, palm oil sells cheapest between February and April ( because it is abundant during that time of the year), and market prices go up between September and January. So, if you buy 1000 liters of palm oil when it’s cheap, keep it, and sell it when the prices go up, you can make between 100% to 200% profit or even more depending on the scarcity and on your location within Nigeria. It’s the same story in other countries where there is huge demand for palm oil. In Nigeria, a 20 liter can of palm oil sells for N3,000 – N4,000 during the abundant season ( depending on your location). During the scarcity period, that same 20 liter can goes for N6,500 – N8,000. In Nigeria, palm oil can be sourced at a cheap price in places such as Edo, Delta, Abia, Imo, etc and resold at a profitable price in places such as Kano, Lagos, Kaduna, Abuja, etc. Most times, traders record huge profits by adopting the second model; but it usually requires larger capital than the first model. Having explained the methods of running a palm oil trading business; let’s now discuss the steps involved in starting the business. HOW TO START BUYING AND SELLING PALM OIL FOR PROFITS 1. Get your storage space You will need to secure some pace for storing your palm oil, regardless of the business model you choose to adopt. If you have some storage space right in your home, that would guarantee rest of mind. But it would be better to have your storage space close to where your customers are. So, renting a shop near a local market around you is a very smart idea. In Nigeria, palm oil is best stored in big blue drums / barrels, in a cool place away from direct sunlight. It takes about 8 – 10 (20liter) gallons to fill a barrel. 2. Arrange with suppliers Aside customers, your business needs suppliers to thrive, since you are not processing the commodity yourself. Try to find suppliers that produce high quality palm oil. You may need to conduct thorough research before making your choice because the success of your business would hinge largely on the quality of the palm oil you get from your supplier. From personal experience, i can say that good palm oil can be sourced from Imo state in places such as Ngor Okpala, Ihitte Uboma, Orlu, etc. 3. Decide on transport arrangements You would need to transport your palm oil from the supplier’s location to your shop or storage location. And in some cases, you would need to transport palm oil to your customers as well. ( In fact, you can make more money by charging extra for delivery. Buyers would readily pay for the convenience ). Most times, palm oil are best transported in gallons and if you are transporting from Eastern Nigeria to either the Western or Northern part of the country, you can use the services of popular transport companies such as The Young Shall Grow Motors, G.U.O Motors, etc. If you have a van or truck to yourself, that would be fine. But if you don’t have one, you would need to hire one each time you need to transport your commodity. 4. Market and sell your product To make profit, you need to find buyers for your product. You would easily attract them if you offer high quality palm oil for unbeatable prices. Depending on your chosen model, you can choose to sell your commodity to the next available buyer, or wait until prices go up before selling. www.mytopbusinessideas.com/buy-sell-palm-oil/ |
Business / How To Start A Business With No Cash by OteDOLLAR(m): 11:09am On Mar 20, 2016 |
You don't always need money to start a business. You can become an entrepreneur even if you have no startup cash. You can start many service-based businesses with no cash outlay. You can even make a business out of selling used furniture, appliances and equipment you already own. If you really feel you need cash to get started, however, you can use someone else's money. Loans and credit cards allow you to begin a business venture without spending any of the cash in your pocket. Step 1 Choose a service business for which you don't need supplies and equipment or already have the things you need. For example, you may start a web design or lawn care business without incurring any startup costs. Step 2 Start a business selling goods you already have. For example, you may place your used clothing and furniture on consignment or sell it through websites that allow you to post free for-sale ads. You may even find opportunities to post free listings on auction sites. Once you've sold your possessions, use your profits to go flea market shopping for more items to sell. Step 3 Use drop-shippers, which will stock and ship products for you, so all you have to do is make sales and collect payments. Step 4 Find a business partner who has money to invest in the business. Because your partner will provide the startup funds for your business, you can agree to do most of the initial work to make your partnership fair. Alternatively, you may agree to allow your partner to keep all of the initial profits to repay him for your part of the startup money. Step 5 Choose a business opportunity that will provide products, startup supplies and equipment on credit. Although you will have to pay for these things eventually, you can get started with no cash. Step 6 Use a credit card to pay for a license. Many jurisdictions require business licenses, so you may not avoid this expense. With a credit card, you can postpone your out-of-pocket expense until the bill is due. Step 7 Create a free website. Many web hosts offer free website hosting as well as tools you can use to design a business website. Step 8 Barter for your startup needs. For example, if you need business cards, offer to design a free website for a business card designer in exchange for free business cards. Step 9 Create your own marketing materials. You can create fliers, business cards and other marketing materials with the computer, printer and paper you already have. Step 10 Ask friends and family members to help you get customers via word of mouth. You may secure your first sale this way, without spending a dime. Step 11 Apply for a loan to fund your startup endeavors. You will eventually have to repay the loan, but you won't need out-of- pocket startup cash. Step 12 Use a payment processor to handle payments to your business. You can typically get an account with a payment processor for free. You will pay a transaction fee for payments, but they are taken from the money your customers send. Things Needed -Computer -Printer -Paper Tip Reinvest initial sales into your business to get additional supplies, products or equipment you need. You can even use your first several sales to open a business bank account and pay for advertising. http://www.smallbusiness.chron.com/start-business-cash-1832.html |
Politics / Re: Pdp Is 90% Dead In The State Of Osun by OteDOLLAR(m): 11:40pm On Mar 19, 2016 |
Johnnyessence: I don't like liars. Dats why I don't like Aregbe. He didn't pay for the school fees of those Students in Ukraine, he only facilitated their trips and found them d schools they're in. Also none of them av graduated yet, so don't mislead ppl to start thinking dats where osun's allocation was spent. I intend to start sharing fotos of those "developmental projects" Ogbeni have done in Osun state soon, so u all can understand where we are now! |
Politics / Re: Rivers Rerun: Graphic Photos Of People Killed During Election Today by OteDOLLAR(m): 10:55pm On Mar 19, 2016 |
Enough is Enough 1 Like |
Investment / How To Make Money by OteDOLLAR(m): 12:41pm On Feb 07, 2016 |
For some time now va been pondering on the easiest way to make money now i think i've found one! We all can help ourselves to be millionaires even billionaires without literally having to lift a finger. It still sounds unbelievable right? What if everyone donates 500naira each to a person and the next week to another person? We have hundreds of friends and families who enjoy a better living standard than the others. What if 1000 nairalanders donate to someone this week, make him a millionaire and the next week we all donate to another... In a short while we all become millionaires Except its just a dream and we really can't help each other! NB: i know there are thieves that will wantu collect bt won't donate shaaa 1 Like 1 Share |
Politics / Re: Ibrahim Magu Meets Wole Soyinka To Discuss How To Fight Corruption - Photos by OteDOLLAR(m): 11:43pm On Jan 21, 2016 |
Wole soyinka de watch my crush for tv shaaa... #Nicki'sNigerianHusband |
Politics / Re: Olisa Metuh Arrives Court In Handcuffs (Photos) by OteDOLLAR(m): 4:11pm On Jan 19, 2016 |
shizzy7: U don go prison before? |
Fashion / Re: CUSTOMIZE | PERSONALIZE YOUR CLOTH LABELS, PAPER TAGS, AND CLOTHING ACCESSORIES by OteDOLLAR(m): 2:09pm On Jan 15, 2016 |
Dacronym: I can do it
|
Politics / Re: Gov Rauf Set To Commission 'A Five Star' School In Osun State. Photo by OteDOLLAR(m): 12:02pm On Jan 13, 2016 |
See the OP's moniker... YEYEGIST indeed |
Politics / Aregbesola Commends Jonathan For Signing Female Genital Mutilation Law by OteDOLLAR(m): 12:28pm On Nov 11, 2015 |
Aregbesola Commends Jonathan For Signing Female Genital Mutilation Law The Governor of Osun, Ogbeni Rauf Aregbesola has commended former President of Nigeria, Dr. Goodluck Ebele Jonathan for prohibiting female genital mutilation in Nigeria. The governor gave this commendation while speaking at a programme organised by United Nations Fund for Population Activities (UNFPA) and Shericare Foundation (SCARF) at the opening of a High-level meeting on female genital mutilation in Osogbo. Aregbesola stated that if the former President has been alleged of not performing by majority of Nigerians, he must still be lauded for signing into law on 5th May 2015, the Female Genital Mutilation Laws. He held that it must not go unnoticed that it was under the administration of Jonathan that it became a crime for anybody to mutilate the genital organ of a female in the name of circumcision or any other guise. The governor described the practice as bad, borne out of primitive idea of the effort to continually dominate females in the society which must be stopped by all well-meaning Nigerians. Aregbesola averred that government at all levels must ensure that they work towards the eradication of the act which has no advantage whatsoever. He said, “If I have been saying that the former President has not done any good for the country like most people have been saying, I want to use this opportunity to commend the former President for just one good thing he has done on the female genital mutilation law. “Former President Goodluck Jonathan did one good thing against Female Genital Mutilation, which makes it a crime for anybody to mutilate the genital organ, there is a law signed by him on the 5th of May this year. “Everybody must work hard to ensure that the practise is done away with, besides the damage it has done to women, it has create health challenges like acute urinary retention, delvery and child birth is affected, infection and many other complications. “We have not established any scientific advantage let alone any religion supporting the practise. It is just an human design to suppress the other sex. We must all UNFPA and SCARF to tell our society that an end must be put to Female Genital Mutilation in our society and Nigeria”. Earlier, the wife of the of the Osun Governor and the President of the Shericare Foundation (SCARF) Mrs Sherifat Aregbesola in her welcome address described female genital mutilation as primitive. Mrs. Aregbesola stated that it is disturbing that the primitive practice is prevalent in Osun, saying all hands will be on deck at ensuring that the archaic practice is eradicated in a no long distant time. She chided the procedure of female genital mutilation which involves partial or total removal of the external female Instruments, noting that the procedures intentionally alter and cause injury to the female genital organ. President of SCARF stated that the country has existing national policies and law banning female genital mutilation, adding that a recent survey conducted by United Nation Fund for Population Activities (UNFPA) revealed a prevalence of 27percent for women ages 15-49 and 19.2percent for girls 0-14 years. She added that if the present trends continue, two million, seven hundred and eighteen thousand girls born between 2010-2015 will be at risk of experiencing female genital mutilation by 2030. She said, ” I thank you all for honouring the call to this notable and historic meeting on our collective drive to eradicate a practice that bear no good for girls and women. “Our meeting here today will be the first in the series of high level collective efforts initiated by the UNFPA to eradicate female genital mutilation. Female genital cutting of female in our society is very disturbing”. She told the gathering. Speaking also, the country representative of the UNFPA, Ms. Ratidzai Ndhlovu, charged Osun to work and ensure the eradication of the practice. She stressed that Osun has the highest prevalence rate of 7.6percent followed by Oyo state with 7.2percent rate. The UNFPA boss added that it is important for the wives of governors in the country and other stakeholders to ensure strict compliance with the existing law on female genital mutilation and also the stepping up of advocacy. In attendance was the wife of the Oyo state governor, Mrs Florence Ajimobi, the wife of the governor of Ekiti State, Mrs Feyi Fayose, representative of the wife of the governor of Lagos, Imo and Ebonyi, Iyaloja of Osun, Alhaja Awawu Asindemade among others. http://osun.gov.ng/2015/11/11/aregbesola-commends-jonathan-signing-female-genital-mutilation-law/?utm_source=rss&utm_medium=rss&utm_campaign=aregbesola-commends-jonathan-signing-female-genital-mutilation-law
|
Celebrities / Re: Wizkid, Olamide, Davido Flaunt Babies And Baby Mamas by OteDOLLAR(m): 5:04pm On Nov 06, 2015 |
Loading! |
Travel / Re: UK Plans To Deport 29,000 Nigerians by OteDOLLAR(m): 9:14pm On Oct 25, 2015 |
judedwriter: 1 Like |
Nairaland / General / Re: Lifting A Crate Of Coke With Teeth, How Possible Is This?- Picture by OteDOLLAR(m): 7:34pm On Oct 25, 2015 |
ajasa4link: |
Education / Re: Top 100 Best Secondary Schools In Nigeria by OteDOLLAR(m): 8:30am On Oct 18, 2015 |
My skul is nw number 62!!! Dats poor! We used to be in top 30.... Great HAMECAN!!! |
Politics / Re: EFCC Detains Ex-Governor Akpabio Again Over Alleged Multi-Billion Naira Fraud by OteDOLLAR(m): 10:36pm On Oct 17, 2015 |
d33types: Justice folahanmi petitioned EFCC, ICPC, House of Assembly on Aregbesola bt he wasn't invited! |
Politics / Re: The Cement Roads Being Built By Ikpeazu In Aba. by OteDOLLAR(m): 5:05pm On Oct 09, 2015 |
egbaguy: What are admixtures sir?? |
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 68 |