ahiboilandgas:
If ur fund size is small 1naira -5m and u have time ,determination,dexterity then fixed income investements is not your...u better run /invest a sme , this will help your grow your capital ,skill,and knowledge faster... the owner of L AND Z DAIRY started like play play ..now the even imported bulls for milking from holland ...and earn from the entire value chain....there fresh milk is on shelfs of shorprites while production is done over 1000km away ....if c way water can generate money selling bottle water...funds for investments come from enterprise,salary,saving etc not the other way round....

olujaidi:


The folks who move to Canada aren't moving because of lack of money. Indeed, some of the people who move have well paid jobs. There's just a sense of despair that a lot of people have in the future of Nigeria. You can have money and die due to medical negligence and no one gets punished. I'm not saying it doesn't happen outside Nigeria but there's a fair chance of restitution. A lot of people say they do it for their kids. Quality healthcare, education, security etc.

olujaidi:


The folks who move to Canada aren't moving because of lack of money. Indeed, some of the people who move have well paid jobs. There's just a sense of despair that a lot of people have in the future of Nigeria. You can have money and die due to medical negligence and no one gets punished. I'm not saying it doesn't happen outside Nigeria but there's a fair chance of restitution. A lot of people say they do it for their kids. Quality healthcare, education, security etc.

olujaidi:


The folks who move to Canada aren't moving because of lack of money. Indeed, some of the people who move have well paid jobs. There's just a sense of despair that a lot of people have in the future of Nigeria. You can have money and die due to medical negligence and no one gets punished. I'm not saying it doesn't happen outside Nigeria but there's a fair chance of restitution. A lot of people say they do it for their kids. Quality healthcare, education, security etc.

oluwaleokey:


Oga boss... i dey find the lnz yoghurt... its really scarce this time...of course i know the pandemic is the culprit... its out of stock... do you know if they are still producing?

Theconglomerate:
The bolded is not correct.
Lack of money is in levels.
Someone might have a good paying job here but it still can't afford him what a person in that social strata should have.
Eg a homebase engineer here might feel tokunbo vehicles are too old for him to drive,wants a brand new.
Can hos salary afford him that?
So in his mind,the chest thing to do is migrate.
So you see,it all boils down to money.
All that quality of life talk is just an alibi they create to make people feel they aren't migrating for money issues whereas they are.
If that quality of life thing was true,that you can just wake up one morning and die because you are in Nigeria,then a lot of rich Nigerians would have been running their businesses from overseas.
After all they can afford the living expenses and the technology is there to mitigate the effect of their absence.

ahiboilandgas:
If ur fund size is small 1naira -5m and u have time ,determination,dexterity then fixed income investements is not your...u better run /invest a sme , this will help your grow your capital ,skill,and knowledge faster... the owner of L AND Z DAIRY started like play play ..now the even imported bulls for milking from holland ...and earn from the entire value chain....there fresh milk is on shelfs of shorprites while production is done over 1000km away ....if c way water can generate money selling bottle water...funds for investments come from enterprise,salary,saving etc not the other way round....

Theconglomerate:
The bolded is not correct.
Lack of money is in levels.
Someone might have a good paying job here but it still can't afford him what a person in that social strata should have.
Eg a homebase engineer here might feel tokunbo vehicles are too old for him to drive,wants a brand new.
Can hos salary afford him that?
So in his mind,the chest thing to do is migrate.
So you see,it all boils down to money.
All that quality of life talk is just an alibi they create to make people feel they aren't migrating for money issues whereas they are.
If that quality of life thing was true,that you can just wake up one morning and die because you are in Nigeria,then a lot of rich Nigerians would have been running their businesses from overseas.
After all they can afford the living expenses and the technology is there to mitigate the effect of their absence.

olujaidi:


The folks who move to Canada aren't moving because of lack of money. Indeed, some of the people who move have well paid jobs. There's just a sense of despair that a lot of people have in the future of Nigeria. You can have money and die due to medical negligence and no one gets punished. I'm not saying it doesn't happen outside Nigeria but there's a fair chance of restitution. A lot of people say they do it for their kids. Quality healthcare, education, security etc.

ahiboilandgas:
most Nigerian that migrated dont have better quality of life cos cant imagine moving from a deplux in wuse to a condo of 1000 dollars permonth as my life improving or moving from 34 degree to 0 degree or moving from a brand manager to an uber driver or security man or from eating natural organic Africa food to genetic foods or living according to my income to living on debt of 30 years....

GonFreecss1:



Thanks for this post. It was last year and last 2 years we had this argument with some people here. There were some “experts” with all sorts of theories here. Where are they now? 460 naira to a dollar later, they are nowhere to be found.

I kept saying insanity is doing the same thing over and over again and expecting different results.

ahiboilandgas:
sorry it just part of the conversation for educated youths under 40....not necessarily canada it might be us or uk..or Australia...canada is just current most popular with youths ......i saw a documentary of an iraqi surgeon who run a big practice in iraq driving uber to survive in canada ....i rather be the cheif medical director of reggiton hospital Lagos than be a cab diver in canda for a month.....notting go do my children for Najia if money dey

emmanuelewumi:




Some speculators have not been able to break even from the losses they suffered about 2 years ago

Theconglomerate:
Exactly.
Anytime I hear that "I am travelling to canada for quality of life" i just smh..
Nonsense concocted fallacy by people running out of options and money in Nigeria.

ahiboilandgas:
most Nigerian that migrated dont have better quality of life cos cant imagine moving from a deplux in wuse to a condo of 1000 dollars permonth as my life improving or moving from 34 degree to 0 degree or moving from a brand manager to an uber driver or security man or from eating natural organic Africa food to genetic foods or living according to my income to living on debt of 30 years....

ahiboilandgas:
cos i don't understand how a bank manger on 1m will resign and move to become a gaurd ...this madness i rather die in Lagos traffic...a cheif medical director a surgeoan that conduct over 1000 surgery now uber driver in canada for 5 years waiting for endless licence....with money u can affrord Harvard even from Nigeria ....mc olumo kids are graduating in America university.....is suppose to be for jobless and poorly paid under 40 Nigerians then migration is good ...

ahiboilandgas:
cos i don't understand how a bank manger on 1m will resign and move to become a gaurd ...this madness i rather die in Lagos traffic...a cheif medical director a surgeoan that conduct over 1000 surgery now uber driver in canada for 5 years waiting for endless licence....with money u can affrord Harvard even from Nigeria ....mc olumo kids are graduating in America university.....is suppose to be for jobless and poorly paid under 40 Nigerians then migration is good ...

olujaidi:


It's not always the case. Even if it were, the immigrant would have to work his/her way up. Its usually that way with first generation immigrants. They usually have to start afresh. It's the same story with the Asians and Indians

olujaidi:


Both environments have their pros and cons. There is struggle everywhere in the world. Having money in any environment makes life much more enjoyable

ahiboilandgas:
if u got stable electricity,good healthcare system, relative security and low unemployement index (living wage ) Nigeria will be ok i think

ahiboilandgas:
if u got stable electricity,good healthcare system, relative security and low unemployement index (living wage ) Nigeria will be ok i think

ahiboilandgas:
Example for 10 years i was using a particular first bank branch and a lady was incharge of transfers ....very dedicated but always looks sad ...we use to tip her but she look sad always....i went to the bank recently she was not on seat but a new staff what happen first bank refused to convert her to permant staff and have been on same pay for 8 years ....this type of situation then i will advice to migrate to start as a nursing assitant then work your way up

ahiboilandgas:
why?when we carry kano for 855,000 naira for 45000 litre....300 k where is the profit are u joking or what ....trucks or j5 bus

kintus:



I saw this and was meaning to ask for more details.

He has some explanations to do.

ahiboilandgas:
what is the use of dollars if not to defend the naira ,and provide reasonable fair exchange rate ...are we taking the reserve to haven..have u been to the dangote refinery? Is not the fertilizer section is complete and has employed 2000 people my relative got a nice position and has resumed on a 6m naira annually salary....we now produce 100 percent our fertilizer needs and indorama even exported excess last year...once we cut out all the major consumer of our dollars ....petrol ,cement ,fertilizer,flour,sugar, medical tourism, school fees ....it only equipment that will be imported why woudnt the naira stabilze

chigo4u:

It’s ridiculous to say the use of dollar is to defend The Naira. I mean you are justifying wasting over $30b to defend The Naira since 2017? Lol.
Also what is the date of the take of Dangote refinery, I personally believe Dangote refinery will not solve Nigeria FX problems, I want to be proved wrong but I also do not see the refinery beginning operations anytime soon.

emmanuelewumi:




Some speculators have not been able to break even from the losses they suffered about 2 years ago