Meltdown: Nigerians Now Send Money To Relatives Abroad!

Date: 29-06-2009 3:59 pm (14 years ago) | Author: King Samuel O Dguy
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- at 29-06-2009 03:59 PM (14 years ago)
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it was learnt from a reliable source that in a bank in the country, transactions in money transfer from Nigeria to countries abroad had reduced due to the economic meltdown. Some Nigerians living abroad had undergone shock in their finances and such could not cope except through interventions from well-wishers from Nigeria.

The source said that of recent, there were transfer of money from Nigeria to countries like the United Kingdom, United States, The Netherlands and Italy.

When asked why the trend had changed, the source said it was generally due to the meltdown which had affected the world economy, to which Nigerians living abroad were not immune.

Also, a middle-aged man, who has children in Canada and the United States, was asked how his children had been faring in the face of the “economic shock.” He said “I have helped them to cope by sending some stipends to them from here.

“My son in America called me recently that he was sacked at his place of work. When I asked him if he would come back to Nigeria to engage in some businesses, he said he could not leave the United States for Nigeria now.

“After a long discussion, he told me to send money to him so as to buy a car which he would use as taxi there. I had to send about N800,000 to him.

“At least, he is my son, he has to live,” the man said. Another Nigerian woman, a cloth dealer, who had a son in the United Kingdom, said: “I always travel abroad to see my son. Anytime I get there, I give him some money.

“What is the big deal there. Everyone knows the situation the whole world is in. There’s nothing strange in sending money to one’s children.


Source:
http://odili.net/news/source/2009/jun/27/610.html


Posted: at 29-06-2009 03:59 PM (14 years ago) | Gistmaniac
- SAmyrocko at 29-06-2009 04:48 PM (14 years ago)
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Well, l guess this fact will teach the young and old people living ln Nigeria to let of their desire to travel abroad knowing that the global economic recession ls every where and they'll benefit more staying here in Nigeria.
Engaging their selves in some petty business that would at least yield them some gains at the end of the day.

Posted: at 29-06-2009 04:48 PM (14 years ago) | Addicted Hero
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- Recoverd at 29-06-2009 10:03 PM (14 years ago)
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How many pple wil listen.
Posted: at 29-06-2009 10:03 PM (14 years ago) | Gistmaniac
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- erinle70 at 29-06-2009 10:59 PM (14 years ago)
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Thats very good news.Pls Dguy,tell me the bank's name.my family in nigeria wants to send some money to me in Italy.I need to buy my ticket and go back to naija.I think Africa is better than europe now.
Posted: at 29-06-2009 10:59 PM (14 years ago) | Newbie
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- kzee9ja at 29-06-2009 11:07 PM (14 years ago)
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Quote from: erinle70 on 29-06-2009 10:59 PM
Thats very good news.Pls Dguy,tell me the bank's name.my family in nigeria wants to send some money to me in Italy.I need to buy my ticket and go back to naija.I think Africa is better than europe now.

u are very right africa is better dan abroad not only europe, i am also going back home dis yr by d GOD grace.

Posted: at 29-06-2009 11:07 PM (14 years ago) | Upcoming
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- stealth_biatch at 29-06-2009 11:40 PM (14 years ago)
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all dat money dat is being sent abroad is the result of the investment dose people have made in the lives of their family and friends in the past .... some of the money is actually money saved up in Naija as emergency funds ....

 


but yeah the economy is pretty awful !!

Posted: at 29-06-2009 11:40 PM (14 years ago) | Gistmaniac
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- nollylove at 30-06-2009 01:00 AM (14 years ago)
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...
Posted: at 30-06-2009 01:00 AM (14 years ago) | Upcoming
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- SAmyrocko at 30-06-2009 08:22 AM (14 years ago)
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Quote from: Recoverd on 29-06-2009 10:03 PM
How many pple wil listen.

By his grace, they'll surely do.

Posted: at 30-06-2009 08:22 AM (14 years ago) | Addicted Hero
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- Phil2 at 30-06-2009 09:10 AM (14 years ago)
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 Roll Eyes  Roll Eyes  Roll Eyes  Roll Eyes,  naija 4ever
Posted: at 30-06-2009 09:10 AM (14 years ago) | Upcoming
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- bele at 30-06-2009 01:30 PM (14 years ago)
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i dey well for greece abeg make una go jorrrrrrrrr
Posted: at 30-06-2009 01:30 PM (14 years ago) | Newbie
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- 1ola at 30-06-2009 02:05 PM (14 years ago)
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No matter the economic situation, Nigerians in the western world are still better than most Nigerians at home, at least they can afford 3 or even 5 square meals everyday, and it is what they wanted to eat not what is available, they ride nice cars, live in modern house with average basic amenities, up to date medicals, they can afford nice clothings and have access to better education and no unexpected death, through road accidents, robbery, sickness, murdered by the Police, Soldier, flogging by Airforce officer, Navy. or 419 they are at peace with themselves.

The problem is people at home are the one demanding from them what they cant afford, expecting them to be providers of their needs, with no breaks, whereas most of people living abroad even the citizens are wage earners, no short cut as with Nigeria, no embezzlement, everything is clear cut.
Even those who are millionares in Nigeria still collect cash from people abroad, how wicked and absord, so if people at home can live people abroad alone, and let them live their lives, there is no comparison with the two. Nigeria is only ok, if you have a godfather, and how many Nigerians can afford 3 square meal, only about 10% of the population.
PLEASE LEAVE PEOPLE ABROAD ALONE, AND U PEOPLE SHOULD ALSO THINK OF HOW TO HELP THEM NOT HOW THEY WILL HELP YOU EVERYTIME.
Posted: at 30-06-2009 02:05 PM (14 years ago) | Upcoming
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- ktalent at 30-06-2009 02:16 PM (14 years ago)
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true@1ola

[email protected] its onli till d downturn passes right.

Posted: at 30-06-2009 02:16 PM (14 years ago) | Upcoming
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- modjodu at 30-06-2009 03:21 PM (14 years ago)
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true@1ola, [/color] thank you for breaking it down for them. I lived in USA and I have my two jobs and still sending money home to the family and friends. All this talking that Nigerian are now sending money to overseas is crazing talk. Even people who lost their job due to the recession, still lived in the USA and getting free money from the government to meet up until they get another. I went to Nigeria just this past May with my family, you wouldn't believe what happened in the road that bypass benin city and the road from benin city to lagos. Many people died due to accidents and arm robbers where operation. The two weeks I lived in Nigeria was a punishment. No light, no feul, bad roads, crimes[/b], people wake up every morning sitting around with nothing to do etc.

If out family back in nigeria can depend on us that lived in overseas, where are they going to get money from to send to us over. Just because a few greedy politician sending money to their children in overseas does not mean nigerians sending money to their families in overseas. Even right now, USA recession is easy up and by the ending of this year, those who criticise the one that lived in over seas will bite their nails. Moreover, with the way things are right now in USA and elsewhere, thousands of people are stilling dieing to live nigeria.[/b][/b][/b]

Posted: at 30-06-2009 03:21 PM (14 years ago) | Newbie
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- walerian at 30-06-2009 03:32 PM (14 years ago)
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serious comments here......
Posted: at 30-06-2009 03:32 PM (14 years ago) | Gistmaniac
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- cuteaustine at 30-06-2009 04:13 PM (14 years ago)
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like i usaully say " it depends on individaul". for me, am in London and by His grace am doing great! Thank God!
but to call a spade a spade... if dere is a complete economic brake down, dose in africa will suffer more dan those of us living in abraod. I know home is the best but to be realistic at this issue it's worst in africa and like IWANTBLOOD said...people are still cueing ad struggling to fly out of naija.  4 real ya'll
Posted: at 30-06-2009 04:13 PM (14 years ago) | Newbie
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- teeco at 30-06-2009 04:17 PM (14 years ago)
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No comment pls......

Posted: at 30-06-2009 04:17 PM (14 years ago) | Addicted Hero
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- iruedaniel26 at 30-06-2009 04:48 PM (14 years ago)
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i think i agree with you people abroad, to leave in Nigeria now is terrible and much more than suffering.i woncer how someone who have not taken three aquare meal per day could sent money to the land of food and honey......... am in nigeria and i know how hard things are right now.... for the past two months there is no power supply even companies are moving away from Nigeria to Ghana which is created more unemployment situation in the country.... the educational sector is being neglected......ASSU is on strike........ the level of crime is increasing everyday......... the roads are bad........the politicians are embezzling more money.......... EFcc no longer function..... Police now raid innocent citizen to exploit money from them........am sorry to say this....Mr. president is a dissapointment to the whole country ......... things are very tough in the country now........i pray that it wont get to a situation where people will be killing their children because they cant feed them...... this country have only one problem and the problem is power supply if that problem could be solve the country wil be moving to the right direction...... Nigerians are dieing my people---------------
Posted: at 30-06-2009 04:48 PM (14 years ago) | Newbie
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- teeco at 30-06-2009 04:54 PM (14 years ago)
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Typist

Posted: at 30-06-2009 04:54 PM (14 years ago) | Addicted Hero
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- modjodu at 30-06-2009 04:55 PM (14 years ago)
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Quote from: cuteaustine on 30-06-2009 04:13 PM
like i usaully say " it depends on individaul". for me, am in London and by His grace am doing great! Thank God!
but to call a spade a spade... if dere is a complete economic brake down, dose in africa will suffer more dan those of us living in abraod. I know home is the best but to be realistic at this issue it's worst in africa and like IWANTBLOOD said...people are still cueing ad struggling to fly out of naija.  4 real ya'll


Thank you for telling them the truth. Somepeople just open their mouth without thinking. Nigeria is nothing compare other africa countries not to talk of world power. Nigeria will never survive with us. Millions are dieing to live Nigeria even when things are tough in other countries.

[cuteaustine] I thank you and I like your thought.
Posted: at 30-06-2009 04:55 PM (14 years ago) | Newbie
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- modjodu at 30-06-2009 04:58 PM (14 years ago)
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Quote from: iruedaniel26 on 30-06-2009 04:48 PM
i think i agree with you people abroad, to leave in Nigeria now is terrible and much more than suffering.i woncer how someone who have not taken three aquare meal per day could sent money to the land of food and honey......... am in nigeria and i know how hard things are right now.... for the past two months there is no power supply even companies are moving away from Nigeria to Ghana which is created more unemployment situation in the country.... the educational sector is being neglected......ASSU is on strike........ the level of crime is increasing everyday......... the roads are bad........the politicians are embezzling more money.......... EFcc no longer function..... Police now raid innocent citizen to exploit money from them........am sorry to say this....Mr. president is a dissapointment to the whole country ......... things are very tough in the country now........i pray that it wont get to a situation where people will be killing their children because they cant feed them...... this country have only one problem and the problem is power supply if that problem could be solve the country wil be moving to the right direction...... Nigerians are dieing my people---------------


The truth will alway prevail.
Posted: at 30-06-2009 04:58 PM (14 years ago) | Newbie
Reply
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