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Treasury Bills In Nigeria - Investment (1224) - Nairaland

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Re: Treasury Bills In Nigeria by missjekyll: 11:36am On May 19, 2020
ahiboilandgas:
nope some pricey ace da rose for my hommies please dont attempt to spend in that manner...i do it atime for strategic business reasons.....i also visit all top clubs in Lagos ..from movida to trebca to aura to sip ...i spend around 100k per outing then dissapper for next 6 months.... (most of my customer for bdc) i meet them there ...if they want to travel abroad i get call to sell forex ,if them come back i get call to buy....and they are rich not toom much dragging of price...
..

no fear. lol. I can lay that out on a surfing trip or balloon trip . never on a drink.

2 Likes

Re: Treasury Bills In Nigeria by chigo4u: 11:38am On May 19, 2020
hustla:


Ask him what he wants to do in canada, skills he has , what he has learnt and what he knows
..Or else, he will come back on nairaland and join the 'abroad is tough brigade'


A lizard in Nigeria will never turn to a crocodile abroad.


Best way to go about it is to visit the travel section, there is a thread dedicated to Migrating to canada / PR
Exactly lol...
Re: Treasury Bills In Nigeria by Theconglomerate(m): 11:41am On May 19, 2020
missjekyll:


no fear. lol. I can lay that out on a surfing trip or balloon trip . never on a drink.
Same way he might consider that your balloon trip to be worthless and never spend that kind of money on it.
For a moment I thought you wanted to argue how impossible it is to blow 1000euros in a pub,like everyone goes to bars to drink corn juice(beer) undecided
A single bottle of Louis treize by Remy Martin can easily blow that in a UK bar.

4 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 11:45am On May 19, 2020
missjekyll:


no fear. lol. I can lay that out on a surfing trip or balloon trip . never on a drink.
do u transact bussiness in a balloon?...buying ace da rose is part hustling clients....i meet a Nigerian ex international footballer at VVip section of movida club....u dont think na redbull we go they drink...any time he need some foreign exchange locally he call me

9 Likes

Re: Treasury Bills In Nigeria by Nobody: 11:50am On May 19, 2020
chigo4u:

Are we talking about the same north of homeless almajiris running into millions? Looks like the rich in Nigeria are really detached from the plight of the poor that’s why you hear such statements as there is no homeless in Akwaibom

You see AKS, last last you go family house or squat with friends but nobody lives in the streets. Not seen. Rent is even cheap here, we have cleaner and newer bridges now courtesy of Akpabio but nobody lives there. All you see under our bridges is beautiful flowers. Am in Uyo and typing from Uyo

6 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 11:55am On May 19, 2020
My oga told me Mr Ahib u are poor cos u sell to the poor ...he deals in industrial equipments so his clients are billionaires factory owner ...1 supply of coding machines to b.u.a group can bring profit of 50m.....for u to sell to the poor and become rich u have to have economic of scale with is cumbersome.....if the ogogoro seller if she can sell to 50 percent of all ogogoro drinkers in Lagos aould be rich......i stop attending clubs in low income areas ..na there person go take 20 bottles of star they fight......there 1 club called soulounge in palm lekki ....smoke free lounge and they play oldies only ashi free and yahoo boy free ...even the babe are career driven and mostly managers...i like been around progressive people ...i get inspired

18 Likes

Re: Treasury Bills In Nigeria by GonFreecss1: 12:00pm On May 19, 2020
Manwarrior55:


If I may ask you sir what have you ever done for Nigeria?

You don’t have to answer the question if you’ve ever cut corners or given bribe to get things done in your favour

I was about to bite and start talking about my project, but there is no need because you seem hostile due to the tone of your words. I am not a cut corners or bribe person, but I believe those who do so can change, so your statement is null and void.

I didn’t come here to talk about me being righteous or better than other people, I came here to talk about how we already know how bad things are and how the continuous complaints about the same thing make no sense when you can always just play your part. If all you heard from what I said is the itch to attack, then I won’t encourage that. Enjoy your day.

14 Likes

Re: Treasury Bills In Nigeria by Theconglomerate(m): 12:02pm On May 19, 2020
ahiboilandgas:
My oga told me Mr Ahib u are poor cos u sell to the poor ...he deals in industrial equipments so his clients are billionaires factory owner ...1 supply of coding machines to b.u.a group can bring profit of 50m.....for u to sell to the poor and become rich u have to have economic of scale with is cumbersome.....if the ogogoro seller if she can sell to 50 percent of all ogogoro drinkers in Lagos aould be rich......i stop attending clubs in low income areas ..na there person go take 20 bottles of star they fight......there 1 club called soulounge in palm lekki ....smoke free lounge and they play oldies only ashi free and yahoo boy free ...even the babe are career driven and mostly managers...i like been around progressive people ...i get inspired
Your Oga is very wrong with his analyses.
Yes,you can sell one equipment and get 50m naira profit,very true.
But how many times will you sell that equipment?You can stay for 3 years without selling a single one.
You have to sell to the poor in large quantities to be rich.
If it's not an everyday patronage business then it's a bad business.
Most people that made money all sold everyday consumer items.(cement,energy,food,etc...)
Lamborghini makes very expensive cars but can't compete with Toyota money wise for a reason.Their market is very limited.
The moment I start hearing contract bla bla bla...I lose interest immediately.

23 Likes 2 Shares

Re: Treasury Bills In Nigeria by ahiboilandgas: 12:06pm On May 19, 2020
Barrytone:


You see AKS, last last you go family house or squat with friends but nobody lives in the streets. Not seen. Rent is even cheap here, we have cleaner and newer bridges now courtesy of Akpabio but nobody lives there. All you see under our bridges is beautiful flowers. Am in Uyo and typing from Uyo
who told u almajiris are homeless? Almajir mean a student learning the Quran outside the state or family house ...it an ancient islamic techniques like a boading house used to train kids to read and write in arabic and memorize the quran..the techniques is ancients and cannot fit into mordern time ...the system has been abused by black Muslims in northern Nigeria ,mali ,niger and chad ....other progressive muslim countries have their almajiris schools like the monk school or seminary but kids are feed and not allow to beg....all the almajiris u see roaming have a particular tysanggya (school) and hostel (over crowed room) they retire to every night.....the study perid is with 8 -12 am then 4-6pm daily.....but how will a teachers have over a 1000 students under his care without resources or fees paid by parents ..this the problem...all real amajiris have parents in villages with hut houses

8 Likes

Re: Treasury Bills In Nigeria by missjekyll: 12:10pm On May 19, 2020
afroxyz:


The US is a consumerist society that encourages debt and credit cards. The virus neva hammer them 3 months and next thing over 30 million people filed for unemployment benefits. Now juxtapose with China that is heavily vested in production and by culture are good savers. We didn't hear people complaining about hunger . This should tell us a lot

Everything you hear about China is what the communist government wants you to hear. Every single thing. I take chinese news with a heavy bag of salt and tomatoes.

The US government has failed in providing palliatives to its people. UK placed people on furlough. Under this furlough, the government pays you 80 per ent of your usual salary. there are still people going hungry and losing jobs but not as much as in the US. Trump is a humongous joke. Buhari is better and thats saying something
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:19pm On May 19, 2020
ahiboilandgas:
My oga told me Mr Ahib u are poor cos u sell to the poor ...he deals in industrial equipments so his clients are billionaires factory owner ...1 supply of coding machines to b.u.a group can bring profit of 50m.....for u to sell to the poor and become rich u have to have economic of scale with is cumbersome.....if the ogogoro seller if she can sell to 50 percent of all ogogoro drinkers in Lagos aould be rich......i stop attending clubs in low income areas ..na there person go take 20 bottles of star they fight......there 1 club called soulounge in palm lekki ....smoke free lounge and they play oldies only ashi free and yahoo boy free ...even the babe are career driven and mostly managers...i like been around progressive people ...i get inspired


The unit price of the most expensive thing sold by Dangote is about N3000, but the revenue made is in hundreds of billions.

When MTN and Econet now Airtel came to Nigeria, the lowest card by MTN was N1500, while the lowest card by Airtel was N1000.

Glo came and disrupted everything, which made them to crash the lowest card to N100.

From the minimum card of N100, MTN made a total revenue of over N1 Trillion from both voice and data in 2019.

A lot of people are poor, any product that will satisfy the needs of the poor will definitely produce money.

Check out the volume of transactions that will take place in Nigeria, if some Chinese Investors come to Nigeria to build a minimum of 200,000 housing units at an average cost of less than N5 million. They have access to cheap finance, manpower and raw materials

13 Likes 2 Shares

Re: Treasury Bills In Nigeria by IamR: 12:26pm On May 19, 2020
chigo4u:

Are we talking about the same north of homeless almajiris running into millions? Looks like the rich in Nigeria are really detached from the plight of the poor that’s why you hear such statements as there is no homeless in Akwaibom
Almajiri are not homeless.
Re: Treasury Bills In Nigeria by NL1960: 12:27pm On May 19, 2020
ahiboilandgas:
who told u almajiris are homeless? Almajir mean a student learning the Quran outside the state or family house ...it an ancient islamic techniques like a boading house used to train kids to read and write in arabic and memorize the quran..the techniques is ancients and cannot fit into mordern time ...the system has been abused by black Muslims in northern Nigeria ,mali ,niger and chad ....other progressive muslim countries have their almajiris schools like the monk school or seminary but kids are feed and not allow to beg....all the almajiris u see roaming have a particular tysanggya (school) and hostel (over crowed room) they retire to every night.....the study perid is with 8 -12 am then 4-6pm daily.....but how will a teachers have over a 1000 students under his care without resources or fees paid by parents ..this the problem...all real amajiris have parents in villages with hut houses

When my sister-in-law had this same almajiris being homeless thinking, i had to break it down to her the same way you have just broken it down here. I told her that just as she and her husband sent their kids to boarding house to learn, that is how these same kids were sent by their parents to boarding house to learn the Quran and that the only difference is that they are paying while the parents of those kids are not paying. So they have to fed for themselves by begging in order not to starve while in the boarding house and that if she and her husband were not paying for their kids in boarding house, her kids will have no option than to beg to survive.

8 Likes

Re: Treasury Bills In Nigeria by 4tunebest(f): 12:45pm On May 19, 2020
Barrytone:


I visited UK 2016, I saw people being house in a makeshift canopy by roadsides. We don't have that here. The weather here even encourages us to sleep out door but we don't because we want to copy the white man. In UK at 8°C and less and people are outside. To be sincere, its worst there but since they control the media, you wouldn't see it until you visit. Yes, like every geographical location all points can't be the same. Banana island is better than some spots in UK and USA, some ghetto are lawless over there. If you live in the Nigerian gheto, don't generalize Nigeria as being a gheto. Yes, we are not there yet but nowhere in the universe has arrive its destination. We keep upgrading every day. This countries you compare with Nigeria are over 200 years old. Go back when they where just 50 years old and compare with Nigeria and see us better than them. Am a proud Nigerian, and believe we will get there. All my money and investment is in naira because I believe it will get better and we have better opportunity here. Bottom line, you can still be very poor overseas, some are actually very poor over there and you can be very rich in naija, many are very rich down here.

My perception about Nigeria changed last year when I visited one of the most media hyped countries in Europe for the first time. I appreciated more, the effort made by some governors in this country to improve their state and make certain infrastructures world-class. We are not there yet, but I believe with consistency, we'd get there.

I used to wonder why the foreigners in my organization are always very happy and joyful when they are redeployed to Nigeria. You can literally feel the heartfelt gratitude to be deployed to work in a place like Nigeria. I used to wonder what tickles their fancy about this 'shithole' of a country; worse still, they never ever want to leave once it's time to be redeployed elsewhere. Several of them have been delaying their redeployment for over a year now, and I learnt a few of them are working on getting permanent residency in Nigeria.

They said the impression they had about Nigeria, is usually from the media and Nollywood movies, which depicted Nigerians as fetish, impoverished etc. They are usually very pleasantly surprised after first-hand experience in Nigeria that their perception about the country had been wrong all along.

With a little more coordinated and consistent effort on the part of the government in putting the necessary infrastructures in place, and creating enabling environment for massive employment opportunities, this country is actually a goldmine.

18 Likes

Re: Treasury Bills In Nigeria by 9jatriot(m): 12:52pm On May 19, 2020
I have also heard that we have one of the best banking system in the world. I do not know how true this is though, but I understand that a lot of the things we take for granted in our present banking system are not available in a lot of countries.

Please, if I am wrong, no need to insult, just correct me, I am not feeling too fine.
4tunebest:


My perception about Nigeria changed last year when I visited one of the most media hyped countries in Europe for the first time. I appreciated more, the effort made by some governors in this country to improve their state and make certain infrastructures world-class. We are not there yet, but I believe with consistency, we'd get there.

I used to wonder why the foreigners in my organization are always very happy and joyful when they are redeployed to Nigeria. You can literally feel the heartfelt gratitude to be deployed to work in a place like Nigeria. I used to wonder what tickles their fancy about this 'shithole' of a country; worse still, they never ever want to leave once it's time to be redeployed elsewhere. Several of them have been delaying their redeployment for over a year now, and I learnt a few of them are working on getting permanent residency in Nigeria.

With a little more coordinated and consistent effort on the part of the government in putting the necessary infrastructures in place, and creating enabling environment for massive employment opportunities, this country is actually a goldmine.

9 Likes

Re: Treasury Bills In Nigeria by 4tunebest(f): 12:55pm On May 19, 2020
9jatriot:
I have also heard that we have one of the best banking system in the world. I do not know how true this is though, but I understand that a lot of the things we take for granted in our present banking system are not available in a lot of countries.

Please, if I am wrong, no need to insult, just correct me, I am not feeling too fine.

No dear, you aren't wrong; I actually have a lot to write but no time. I just know that this country is blessed. The foreigners know this; they'd rather keep us from knowing/ acting on the truth for whatever reason. With a few tweaks here and there, we are actually the giant, not just of Africa.

6 Likes

Re: Treasury Bills In Nigeria by oluayebenz: 1:03pm On May 19, 2020
Nnamz:

Nobody asked you that . . . audio oil and gas. P.S. you better not send me pictures of trucks.

Pure hatred...... Imagine angry

19 Likes

Re: Treasury Bills In Nigeria by 9jatriot(m): 1:05pm On May 19, 2020
Why u think say nobody de quote am?
He/she bitterness plenty.

oluayebenz:


Pure hatred...... Imagine angry

13 Likes

Re: Treasury Bills In Nigeria by abraolas1: 1:10pm On May 19, 2020
Barrytone:


You see AKS, last last you go family house or squat with friends but nobody lives in the streets. Not seen. Rent is even cheap here, we have cleaner and newer bridges now courtesy of Akpabio but nobody lives there. All you see under our bridges is beautiful flowers. Am in Uyo and typing from Uyo

Same here too ......Currently in Uyo what u said here is 100% correct

7 Likes

Re: Treasury Bills In Nigeria by oluayebenz: 1:12pm On May 19, 2020
9jatriot:
Why u think say nobody de quote am?
He/she bitterness plenty.


Ohh I wonder

2 Likes

Re: Treasury Bills In Nigeria by abraolas1: 1:22pm On May 19, 2020
oluayebenz:


Pure hatred...... Imagine angry

he doesnt need that....... cant we have a healthy discussion again ?

lets all refrained from attacking people. Have Never seen Oga Ahib attacking anyone, you have a contrary views say it out.

All he does and host of others is just to share his views about issues which have been a benefit to a lot of us

A lot of us are just here to learn so lets stop Hating Abeg

thanks

3 Likes

Re: Treasury Bills In Nigeria by IyawoToBe(f): 1:22pm On May 19, 2020
Tvegas:
Yes dear, go ahead.
mail sent. I look forward to hearing from you.
Re: Treasury Bills In Nigeria by 9jatriot(m): 1:23pm On May 19, 2020
Nothing elitist about what you have said, apart from Lagos, it is hard to find people who do not have where they call a home, it could be a face-me-I-face-you, small room, hut but hardly on the street, it is hard to see that. Not just in Uyo.

Barrytone:


You see AKS, last last you go family house or squat with friends but nobody lives in the streets. Not seen. Rent is even cheap here, we have cleaner and newer bridges now courtesy of Akpabio but nobody lives there. All you see under our bridges is beautiful flowers. Am in Uyo and typing from Uyo

1 Like

Re: Treasury Bills In Nigeria by chigo4u: 1:23pm On May 19, 2020
IamR:

Almajiri are not homeless.
What is your definition of homeless and where do they live
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:28pm On May 19, 2020
NL1960:


When my sister-in-law had this same almajiris being homeless thinking, i had to break it down to her the same way you have just broken it down here. I told her that just as she and her husband sent their kids to boarding house to learn, that is how these same kids were sent by their parents to boarding house to learn the Quran and that the only difference is that they are paying while the parents of those kids are not paying. So they have to fed for themselves by begging in order not to starve while in the boarding house and that if she and her husband were not paying for their kids in boarding house, her kids will have no option than to beg to survive.
very true ...their 14000 almajiris school in kano the problem is his school are not organized the imam keeps accepting endless number of kids when theirs is clear capacity he cant feed or clothes them....almajiri school is like a seminary or monk school in the ancients day the parent and tutors do trade by bater....i teach your child islamic knowlege he can read and write in arabic in return he farms in the imam farm...with urbanization and lack of farms and introduction of paper money...this imams now abuse the kids by billing each 50 naira weekly x number of kids ....then the uselss parents also drop the kids escaping responsibilities all hiding under the guise of religion....the northern state are now returning each own almajiris to there state for onward delivery to their parents in villages ...

8 Likes

Re: Treasury Bills In Nigeria by IamR: 1:31pm On May 19, 2020
chigo4u:

What is your definition of homeless and where do they live
Take a trip to Kaduna, Kano, Jos, Niger etc. It's like saying boarding school students are homeless just because you see them outside the school.

2 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 1:32pm On May 19, 2020
ahiboilandgas:
very true ...their 14000 almajiris school in kano the problem is his school are not organized the imam keeps accepting endless number of kids when theirs is clear capacity he cant feed or clothes them....almajiri school is like a seminary or monk school in the ancients day the parent and tutors do trade by bater....i teach your child islamic knowlege he can read and write in arabic in return he farms in the imam farm...with urbanization and lack of farms and introduction of paper money...this imams now abuse the kids by billing each 50 naira weekly x number of kids ....then the uselss parents also drop the kids escaping responsibilities all hiding under the guise of religion....the northern state are now returning each own almajiris to there state for onward delivery to their parents in villages ...
what the almajiris school is reforms and addition to the curriculum so that graduans from almajiris school can also learn English ,basic science,info tech or apprentice in addition to Quran...parent must pay for thsi training and kids must return to parents during brake...but the north is filled with intrinsically daft cleric and mad parents giving birth everywhere

8 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 1:33pm On May 19, 2020
chigo4u:

What is your definition of homeless and where do they live
even dangote attended koki almajiri school...
Re: Treasury Bills In Nigeria by chigo4u: 1:37pm On May 19, 2020
Barrytone:


You see AKS, last last you go family house or squat with friends but nobody lives in the streets. Not seen. Rent is even cheap here, we have cleaner and newer bridges now courtesy of Akpabio but nobody lives there. All you see under our bridges is beautiful flowers. Am in Uyo and typing from Uyo
I wonder if it’s the same Nigeria where people struggle to feed that you are talking about. Being homeless does not necessarily mean living under bridges. Have you visited all the parks in Akwa Ibom at night? Uncompleted buildings etc. People are so detached.

2 Likes

Re: Treasury Bills In Nigeria by Tvegas(m): 1:37pm On May 19, 2020
9jatriot:
I have also heard that we have one of the best banking system in the world.
You are not wrong, i have a bank of america account ,The online banking experience with a bank like GTB is miles ahead of BofA. The GTB online banking guys were so good that Amazon poached many of them in 2018.

Amazon quadrupled their salary and promised their spouses employment with free accomodation in the USA,they moved enmass. One would think GTB online banking unit will go down ,na lie they kept waxing strong. Good brains too plenty for this country.

Does anyone think dull people do Yahoo? Those guys are very intelligent. If we have a serious government, all those Yahoo boys will be deployed in our Silicon Valley. The day this sleeping giant wakes up ,the world will feel the tremor.

18 Likes

Re: Treasury Bills In Nigeria by chigo4u: 1:39pm On May 19, 2020
ahiboilandgas:
even dangote attended koki almajiri school...
Some homeless people in Lagos went on to buy duplexes in Lagos and other areas
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:42pm On May 19, 2020
Theconglomerate:
Your Oga is very wrong with his analyses.
Yes,you can sell one equipment and get 50m naira profit,very true.
But how many times will you sell that equipment?You can stay for 3 years without selling a single one.
You have to sell to the poor in large quantities to be rich.
If it's not an everyday patronage business then it's a bad business.
Most people that made money all sold everyday consumer items.(cement,energy,food,etc...)
Lamborghini makes very expensive cars but can't compete with Toyota money wise for a reason.Their market is very limited.
The moment I start hearing contract bla bla bla...I lose interest immediately.
selling to the poor meaning selling to the end user the last person on the income chain example if i sell pure water making material to pure water manufacturers am selling to rich (factory owners) while the factory owner manufacture and sell to a dealer in bulk (rich)....
Then mr z sell pure water in traffic at 10 naira ....he sell to the poor so he remains poor relative to other in the chain ....

3 Likes

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