The recent success of the popcola drink that was lunch by a Nigerian/Lebanese . Simple idea produce all favour similar to Nigeria bottle company at a cheaper rate . They produce all flavors .Fanta ,coke etc they also produce morning fresh and viva detergent all serving the middle class that Can t afford the MNC produced SO Why are Nigerians blind to this oppurnities and see only JAPA as the exclusive route to success using almost 15 to 20m to JAPA when this sum can set up a Small rice Mill . Plastic cycle a rice farm a large super market a big bakery a Gas plant

Running a business in Nigeria isn't that profitable. Hurdles here and there.

Must Middle class Nigerians raising 15 to 20m for Japa wrongly assume that the Student visa approved = hammer ( in Najia lexicon) they even do thanksgiven ! The western world outside America is not design to accumulate wealths ! The higher you earn they more they tax you out to maintain a balance society .Tax go as high as 40 percent and more .So you should practically understand where you are going to .

Olasyke:
Running a business in Nigeria isn't that profitable. Hurdles here and there.

so how is the Lebanese and Chinese doing it successful! Oasis bakery run by a Chinese woman has been runing for 20 years successful she even added a new event centre attached to the bakery and restaurant.

Okay

Nigerians paid 500000 pounds in just a department to study Msc project managements that over 500m Naira this can setup a standard detergent plant owned by this 35 Nigeria that graduated from university of west England.

I just don't know what is wrong with Op. Those who want to jakpa should jakpa. Those who want to stay should stay. It is people's choice and not yours. Live and let live.

ahiboilandgas:
so how is the Lebanese and Chinese doing it successful! Oasis bakery run by a Chinese woman has been runing for 20 years successful she even added a new event centre attached to the bakery and restaurant.

I don't think she's on nairaland. You can go to the bakery and hold an interview with her on how she's been surviving all these while.

Olasyke:
Running a business in Nigeria isn't that profitable. Hurdles here and there.

don’t mind them
They don’t know there are no hurdles abroad

UrPapa:
don’t mind them
They don’t know there are no hurdles abroad

Bros,
There are lots of hurdles abroad.
Breaking the glass ceiling there is even harder for an Immigrant negros,except of course you grew up in the system.
Racism,bad weather,bureaucracy, tax,food,etc...
If not,please explain to me why anytime I walk down any major street in Europe,all the security guards in almost all the businesses are african negros old enough to be doing better.
If you find yourself in this spot,you're done!You go see the underbelly of that abroad.
Na konji go first kill you sef because nobody go want Bleep you,oyibos are very materialistic just so you know.

ahiboilandgas:
The recent success of the popcola drink that was lunch by a Nigerian/Lebanese . Simple idea produce all favour similar to Nigeria bottle company at a cheaper rate . They produce all flavors .Fanta ,coke etc they also produce morning fresh and viva detergent all serving the middle class that Can t afford the MNC produced SO Why are Nigerians blind to this oppurnities and see only JAPA as the exclusive route to success using almost 15 to 20m to JAPA when this sum can set up a Small rice Mill . Plastic cycle a rice farm a large super market a big bakery a Gas plant

It is not everyone that has brain for business.

Those Lebanese, Chinese and other foreigners saw opportunities here that's why they Japa from their countries to Nigeria. The requirements to establish such investments in their countries may be stiffer than here.

Aside security issues, it still beats my imagination,knowing it is not easy, a family man above 40yrs with a steady job will sell his properties to relocate his family without a job waiting for him

ahiboilandgas:
The recent success of the popcola drink that was lunch by a Nigerian/Lebanese . Simple idea produce all favour similar to Nigeria bottle company at a cheaper rate . They produce all flavors .Fanta ,coke etc they also produce morning fresh and viva detergent all serving the middle class that Can t afford the MNC produced SO Why are Nigerians blind to this oppurnities and see only JAPA as the exclusive route to success using almost 15 to 20m to JAPA when this sum can set up a Small rice Mill . Plastic cycle a rice farm a large super market a big bakery a Gas plant

Let the Lebanese take over the country. We don't object. They can come take over our lands and prosper with them.

Wahala for una
Leave those that want to japa to japa
Those who will stay will stay... Rest op
By the way, how many business av u start/build@Op?
Those country you mentioned are trained from kid... How many things did they teach us here in Nigeria? Just theory
No practical.
It only few that have business mind in Nigeria
So rest ijn
Even twins separate at some point... Not everyone will stay in same country Ok

Government paid agents coming here to discourage japaing

Jokerman:
Government paid agents coming here to discourage japaing

not true. The government actually like japa. Nigerian diaspora send over 20 billion dollars home yearly . People like the op are just those who missed out of japa or cant afford to japa and are looking for consolation. The skin colour of the Chinese or Lebanese man already puts him at a 200% advantage . Omo onile, FIRS, LIRS, police, Local government etc cannot oppress him when doing business unlike a common Nigerian. A lot of Nigerians doing business have packed up with huge debt. I am currently in Nigeria. I can see many joints closed down , many shops with little or no inventory they are only waiting for rent to expire.

ednut1:
not true. The government actually like japa. Nigerian diaspora send over 20 billion dollars home yearly . People like the op are just those who missed out of japa or cant afford to japa and are looking for consolation. The skin colour of the Chinese or Lebanese man already puts him at a 200% advantage . Omo onile, FIRS, LIRS, police, Local government etc cannot oppress him when doing business unlike a common Nigerian. A lot of Nigerians doing business have packed up with huge debt. I am currently in Nigeria. I can see many joints closed down , many shops with little or no inventory they are only waiting for rent to expire.

You are right Ednut... Abeg I'm planning my relocate to Canada, hopefully it will enter this year... I and my wife

ednut1:
not true. The government actually like japa. Nigerian diaspora send over 20 billion dollars home yearly . People like the op are just those who missed out of japa or cant afford to japa and are looking for consolation. The skin colour of the Chinese or Lebanese man already puts him at a 200% advantage . Omo onile, FIRS, LIRS, police, Local government etc cannot oppress him when doing business unlike a common Nigerian. A lot of Nigerians doing business have packed up with huge debt. I am currently in Nigeria. I can see many joints closed down , many shops with little or no inventory they are only waiting for rent to expire.

If so, why are many government officials including private sector elites like Segun Agbaje complaining of japa? As for the bold, these remittances go majorly to the south east, south west and few to the south south. A northern dominated administration would not like that esp as the remittances go directly to the families not via CBN.

I have seen OP's moniker, no wonder.

SeaTrade:
Bros,
There are lots of hurdles abroad.
Breaking the glass ceiling there is even harder for an Immigrant negros,except of course you grew up in the system.
Racism,bad weather,bureaucracy, tax,food,etc...

If not,please explain to me why anytime I walk down any major street in Europe,all the security guards in almost all the businesses are african negros old enough to be doing better.

If you find yourself in this spot,you're done!You go see the underbelly of that abroad.
Na konji go first kill you sef because nobody go want Bleep you,oyibos are very materialistic just so you know.

The route of migration they took matters a lot. This new generation migrants aren't taking the same routes, I suppose. But then, that is Europe, I am not surprised.

Gerrard59:


If so, why are many government officials including private sector elites like Segun Agbaje complaining of japa? As for the bold, these remittances go majorly to the south east, south west and few to the south south. A northern dominated administration would not like that esp as the remittances go directly to the families not via CBN.

many units in the bank have disappeared. Heard of one tech unit where everyone japa at same time. Na where he dey bite am

ahiboilandgas:
Nigerians paid 500000 pounds in just a department to study Msc project managements that over 500m Naira this can setup a standard detergent plant owned by this 35 Nigeria that graduated from university of west England.

The number one problem here is that partnership in Nigeria is extremely a tough one, even you would find it difficult owing a business with your bro. Individuals do not have big enough money to do businesses that can really make you. Nigerian workers are aggressively thinking of converting your business, capital to theirs; stealing you dry.

ahiboilandgas:
Must Middle class Nigerians raising 15 to 20m for Japa wrongly assume that the Student visa approved = hammer ( in Najia lexicon) they even do thanksgiven ! The western world outside America is not design to accumulate wealths ! The higher you earn they more they tax you out to maintain a balance society .Tax go as high as 40 percent and more .So you should practically understand where you are going to .

What is this stupidity about accumulating wealth all about This is why Nigeria will never work.

Tinubu has accumulated wealth..
Obi has accumulated wealth
Shettima has accumulated wealth
Go to clubs in lagos and Abuja, you will see guys and girls that have accumulated wealth..

How does this benefit thr average Nigerian?

Have you seen Obalende and Ikoyi?

Everyone wan accumulate wealth leading to Greed.

If you accumulate wealth in Finland, uk, Canada the government will take from you and give the needy. That's a balanced society

I used 3M to RUN from Nigeria in 2017 and I will never regret that decision.

ednut1:
not true. The government actually like japa. Nigerian diaspora send over 20 billion dollars home yearly . People like the op are just those who missed out of japa or cant afford to japa and are looking for consolation. The skin colour of the Chinese or Lebanese man already puts him at a 200% advantage . Omo onile, FIRS, LIRS, police, Local government etc cannot oppress him when doing business unlike a common Nigerian. A lot of Nigerians doing business have packed up with huge debt. I am currently in Nigeria. I can see many joints closed down , many shops with little or no inventory they are only waiting for rent to expire.

Diasporans are our saviours. The government steals and leave nothing for Nigerians. Most factories and businesses are dead,If not for these saviours working tirelessly to keep family and loved ones afloat with their remittances, I wonder how life would have been

I salute them

jimpix11:


What is this stupidity about accumulating wealth all about This is why Nigeria will never work.

Tinubu has accumulated wealth..
Obi has accumulated wealth
Shettima has accumulated wealth
Go to clubs in lagos and Abuja, you will see guys and girls that have accumulated wealth..

How does this benefit thr average Nigerian?

Have you seen Obalende and Ikoyi?

Everyone wan accumulate wealth leading to Greed.

If you accumulate wealth in Finland, uk, Canada the government will take from you and give the needy. That's a balanced society

I used 3M to RUN from Nigeria in 2017 and I will never regret that decision.

Sir! I’m here, Sir. I heard you call my name.

.

tommy589:


Diasporans are our saviours. The government steals and leave nothing for Nigerians. Most factories and businesses are dead,If not for these saviours working tirelessly to keep family and loved ones afloat with their remittances, I wonder how life would have been

I salute them

your saviour! And keeping your family afloat. Be specific with these things.

Treadway:
your saviour! And keeping your family afloat. Be specific with these things.

Pardon me, i am not making reference to Nigerians like you.

Just stating the figures out there details yearly remittances is getting close to our annual budget which can not be accounted for

tommy589:


Pardon me, i am not making reference to Nigerians like you.

Just stating the figures out there details yearly remittances is getting close to our annual budget which can not be accounted for

great..yea it is getting quite close, but still not really impactful as the outflow matches or even surpasses it. 20billion comes in as inflow, more billions go out as outflow. I'm sure when a report is done about the capital flight due to japa, it will dwarf the $20b inflow by far. Anyway, as you have said, the families that need the money to stay afloat from their relatives abroad, got the money. End of.

Treadway:
great..yea it is getting quite close, but still not really impactful as the outflow matches or even surpasses it. 20billion comes in as inflow, more billions go out as outflow. I'm sure when a report is done about the capital flight due to japa, it will dwarf the $20b inflow by far. Anyway, as you have said, the families that need the money to stay afloat from their relatives abroad, got the money. End of.

The outflow is stoppable with good managers. Look @ahiboilandgas comment on amount paid by msc students in a single institution. Though the motive is to japa

Treadway:
great..yea it is getting quite close, but still not really impactful as the outflow matches or even surpasses it. 20billion comes in as inflow, more billions go out as outflow. I'm sure when a report is done about the capital flight due to japa, it will dwarf the $20b inflow by far. Anyway, as you have said, the families that need the money to stay afloat from their relatives abroad, got the money. End of.

You're even missing the main point.
The so called remittances sent to Nigeria by diasporans mostly come in through the parallel market(aboki),since CBN rate and parallel rate is very Wide ,with parallel rate being more attractive,thus play no part in stabilising our currency against the dollar and as such useless!
The only way to solve this problem is to abolish BDC practices and hence direct such inflow to the CBN .
So technically, we as a country receive almost zero diaspora remittance and therefore diasporans are almost inconsequential to our economy.

SeaTrade:
You're even missing the main point.
The so called remittances sent to Nigeria by diasporans mostly come in through the parallel market(aboki),since CBN rate and parallel rate is very Wide ,with parallel rate being more attractive,thus play no part in stabilising our currency against the dollar and as such useless!
The only way to solve this problem is to abolish BDC practices and hence direct such inflow to the CBN .
So technically, we as a country receive almost zero diaspora remittance and therefore diasporans are almost inconsequential to our economy.

bro, e be like say you no know this travel section . I know, but I didn't want to go that deep, cos surface level stuff sef, and you'll see some folks will start bouncing off walls. So my submission was based on me simply agreeing to the basic premise that diaspora remittance na 20billion, BUT also reminding them of outflows which are not considered most times when those figures are thrown around, outflows that certainly will dwarf the 20billie inflow. So yes, your conclusion is apt, BUT also of a truth, at least some daddies and mummies and families got some money from the abroad, without which they would have drowned in raging financial seas here in Nigeria.

Treadway:
bro, e be like say you no know this travel section . I know, but I didn't want to go that deep, cos surface level stuff sef, and you'll see some folks will start bouncing off walls. So my submission was based on me simply agreeing to the basic premise that diaspora remittance na 20billion, BUT also reminding them of outflows which are not considered most times when those figures are thrown around, outflows that certainly will dwarf the 20billie inflow. So yes, your conclusion is apt, BUT also of a truth, at least some daddies and mummies and families got some money from the abroad, without which they would have drowned in raging financial seas here in Nigeria.

Well true,you've got a point here.

There are Nigerians in Ghana, Ivory Coast, and China doing business, does it mean that their citizens in Nigeria should not have left their country and that their country have failed them?

ednut1:
not true. The government actually like japa. Nigerian diaspora send over 20 billion dollars home yearly . People like the op are just those who missed out of japa or cant afford to japa and are looking for consolation. The skin colour of the Chinese or Lebanese man already puts him at a 200% advantage . Omo onile, FIRS, LIRS, police, Local government etc cannot oppress him when doing business unlike a common Nigerian. A lot of Nigerians doing business have packed up with huge debt. I am currently in Nigeria. I can see many joints closed down , many shops with little or no inventory they are only waiting for rent to expire.

Big Mouth lies ! It currently very difficult to even get a affordable shop t
To rent in a thriving city by the Main road .only useless places that want to sell frozen imported chicken or pizza dey close . Even domino is expanding rapidly into conservative North. It just open 4 branches in Kano .chicken republic also open 5 branches in Kano shoprite in Kaduna .I Know you pain you taught JAPA was the golden bullet to wealth and home based should be primitive and poor .but you came back and saw large malls large private hospital like evercare lekki new aircraft firm like value jet .Rano air , umza air , new fuel station like Salbas oil and Gas .This is you bitterness .