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Tuesday, April 12, 2016

Should you build a mansion in the village?

Written by Usierre
Email: usiere@gmail.com
Website: www.financialfreedominspiration.com. 
Twitter @usiere
Phone: 08106788187 text only, BBM C002B2697
~Punch: Wednesday, April 6, 2016

Author and personal finance coach, Usiere Uko writes on the advantages and disadvantages of building a mansion in one’s village

I was in my village recently, and as it is my custom, I take a stroll around as I walk back down memory lane – reliving good memories, meeting old faces and observing new developments. One of mum’s pet questions was when I plan to build a house in the village. I have seen cases of people with notices to quit from their landlord giving them sleepless nights while they own a house in the village or a building under construction. I know some who died in the city as tenants, never living in the dream home they sunk their life savings into in the village.

Owning a home of your own is a deeply emotional issue, and having one where you come from more so, as it is akin to having your roots in the ground. In many cultures, you cannot claim you are from a village until you can point to your house if you are an adult male or your father’s house if you are a child. There is nothing wrong with having a house in your village, if you can afford one – afford being in the context of your financial goals. Many have taken it to a whole new level, putting up a monstrous building or a mansion which sticks out as a landmark, indicating the arrival status of the owner, which may not be the case if you see where he lives in the city.

Many people believe their first building must be in their village. Why build and help develop another person’s city? That is a valid point. If you look at it from another angle, if you spend almost 40 years or more in a place and only retire back home for another 20 years or so, which place is really your home? Why pay rent for almost 40 years when you could have used that money to own a home and put in other investments.

What role does your village mansion play in your investment plan?
One of the first things that come to my mind when I come across a mansion or massive duplex in the village is cash flow pattern of the owner. Is this structure putting money in his pocket or taking more money away from the pocket? Does it generate rental income for the owner? If yes, would it not have made more sense building in a prime location in the city to attract good rent that can pay back the cost of building the house over a reasonable time period?


If it is a must that I build in the village, why not make it a win – win, put up a building that fits the environment and the rent it attracts. If you are renting, the amount of rent you get depends on a large extent on the local market, not the beauty of your structure or quality of finishing. The tenants may be impressed but they will offer to pay the going rent.
Would it not have made more sense delaying the gratification (and applause) of building in the village, invest that money and build from your profit over time? Why sink your sweat and blood into a project that yields no financial dividends?

The ‘house in the village’ project robs you of needed funds to build your financial security portfolio. You are essentially turning an asset into a liability. If the owner of the house loses his job or suffers business downturn, what will the house in the village do for him? Will the elders in the village and impressed villagers bail him out?
Who is this mansion for?

Who is this mansion for by the way? Is it for you to stay when you come to the village once a while? There are many that may never resettle in the village. They visit once a year or less, and when they do, they stay in the family house or a hotel. An uninhabited house is not a good sight to behold when you go through the door. A lot of work needs to be done for it to be inhabited. Many things would have gone bad, like bathroom fittings, plumbing etc. you may spend most of your time in the village dealing with maintenance issues, or you have an experienced person that does that for you before you come. Staying in a hotel works out much cheaper and more convenient.

In terms of occupancy, the house is not yours. It is more of a home for lizards and cockroaches, or jobless relatives that will help you thrash the house. These same relatives will help take over the house if the owner dies intestate. Is this worth sinking your life savings into?
Many ‘house in the village’ projects end up as abandoned projects. Why ‘kill’ yourself trying to build a storey-building in the village when the money sunk in so far could have completed a decent bungalow? Why put yourself under self-imposed financial pressure?
What are your financial goals?

It all boils down to your financial goals or lack thereof. Many have no financial goals. Without clear and compelling financial goals, it is difficult to determine what your priorities are. If you don’t know your priorities, someone else will foist their priorities on you. If you don’t know what matters most to you, you will major in minors and remain trapped in the rat race.

There are people that can afford to build whatever they want wherever they want. They are not under any financial pressure. To get to this place, they may have got their finances sorted out and are not digging themselves into a hole financially.
Should you build a mansion in the village? You are the only one that can answer that question.


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THE IGBO RANT

I am an Igbo, I was born an Igbo, I live the life of an Igbo, I come from Igbo, I speak Igbo, I like to be Igbo, I like to dress in Igbo, I eat Igbo food, my heritage, culture and tradition is Igbo, my parents are Igbo.

Am sorry I cannot help it if you hate my lineage. Am sorry I cannot help it if you detest Igbo, am sorry I cannot help it if you hate me because am Igbo. Igbo is who I am, my name is Igbo and I must die an Igbo.

You see Igbo as a threat, why? You call Igbo rapist, criminals, ritualist, prostitutes, kidnappers. You attribute all negative vices to represent Igbo? Why do you do that? You do because you feel threatened that Igbo might outrun the rest of the tribes. Why do you hate Igbo and despise us? You do that because we are creative, enlightened, hardworking, industrious, genius, intelligent, smart, rich, beautiful and amazing. But its difficult for you to admit it because you feel jealous of my race.

Igbo do not own politics, Igbo do not control the economy neither do we control the natural resources and the common wealth of the nation. You do, we don't and yet, despite the fact that you own everything, we still remain one indispensable race that has outshined the other race in all ramifications.

You fear us because you want to exterminate and annihilate our race, you deny us many things and yet we are stronger, richer and mightier. You fear us because we are everywhere. You fear us because no matter how rural a place might be, when Igbo steps in, they turn it into a Paradise. We have our own resources, which lies in resourcefulness, we do not bother you and your control over the polity, but yet when we cough you and the other race begin to shiver.

Am proud being an Igbo, am proud of my heritage and culture. Igbo means high class, Igbo means independence, Igbo means hard work and strength, Igbo means riches, Igbo means resourcefulness, Igbo means self belonging, Igbo means self esteem, Igbo means pride, Igbo means swag.

Udo diri unu umunnem.
# IgboAmaka
# AnyiBuNdiMmeri

Michael Ezeaka
------------------------------

This is beautiful poetry ...

In response to Alaba Ajibola, the Babcock Lecturer Hate Speech against Igbos.

BIBLICAL TRADITIONS OF NDI IGBO BEFORE THE MISSIONARIES CAME TO AFRICA* IGBO 101.

1. NSÓ NWANYĮ
In Igboland women live apart from their husbands and neither cook for them nor enter their husband's quarters when they are in their period. They are seen as unclean. Even up till today such practice is still applicable in some parts of Igboland especially by the traditionalists. Before a woman can enter the palace of Obi of Onitsha, she will be asked if she is in her period, if yes, she will be asked to stay out.

Leviticus 15: 19-20
When a woman has her monthly period, she remains unclean, anyone who touches her or anything she has sat on becomes unclean.

2. ANA OBI
An Igbo man's ancestral heritage, called “Ana Obi” is not sellable, elders will not permit this. If this is somehow done due to the influence of the West the person is considered a fool and is ostracized by the community.

1 Kings 21:3
I inherited this vineyard from my ancestors, and the Lord forbid that I should sell it, said Naboth.

3. IKUCHI NWANYĮ
Igbos have practiced the taking of a late brother's wife into marriage after she had been widowed until the white men came. Now it is rarely done but except in very rural villages.

Deuteronomy 25:5
A widow of a dead man is not to be married outside the family; it is the duty of the dead man's brother to marry her.

4. ĮGBA ODIBO
In Igboland, there is a unique form of apprenticeship in which either a male family member or a community member will spend six (6) years (usually in their teens to their adulthood) working for another family. And on the seventh year, the head of the host household, who is usually the older man who brought the apprentice into his household, will establish (Igbo: idu uno) the apprentice
by either setting up a business for him or giving money or tools by which to make a living.

Exodus 21:2
If you buy a Hebrew slave, he shall serve you for six years. In the seventh year he is to be set free without having to pay you anything.

5. IRI JI OFŲŲ
In Igboland , the yam is very important as it is their staple crop. There are celebrations such as the New yam festival (Igbo: Iri Ji) which are held for the harvesting of the yam. New Yam festival (Igbo: Iri ji) is celebrated annually to secure a good harvest of the staple crop. In the olden days it is an abomination for one to eat a new harvest before the festival. It's a tradition that you give the gods of the land first as a thanksgiving.

Deuteronomy 16:9
Count 7 weeks from the time that you begin to harvest the crops, and celebrate the harvest festival to honor the lord your God, by bringing him a freewill offering in proportion to the blessing he has given you. Celebrate in the Lord's presence together with your children, servants, foreigners. Be sure that you obey my command, said the Lord.

6. IBE UGWU
In Igboland it's a tradition that the male children are circumcised on the 8th day. This tradition is still practiced till date.

Leviticus 12:3
On the eighth day, the child shall be circumcised.

7. ÓMŲGWÓ
In Igboland, there is a practice known as "ile omugwo ". After a woman has given birth to a child, a very close and experienced relative of hers, in most cases her mother is required by tradition to come spend time with her and her husband. During which she is to do all the work of the wife, while the new mom's only assignment to the baby will be to breastfeed. This goes on for a month or more. In the Igbo old tradition, at this time, the new mom lives apart from her husband, would not cook or enter his quarters.

Leviticus 12:1-4
For seven days after a woman gives birth, she is ritually unclean as she is during her monthly period. It will be 33 days until she is ritually clean from the loss of blood; she is not to touch anything that is holy.

THE IGBO TRIBE AND ITS FEAR OF EXTINCTION

The Igbo tribe is in a serious problem and danger of extinction for the following reasons:

50% of Igbos are born outside Igbo land. Meaning that those children are not likely to live and work in Igbo land and cannot speak Igbo language but foreign language (Yoruba, Hausa, French, English).

40% of Igbos girls between the age of 25 & 45 are single with no hope of marriage because 35% of Igbo boys live overseas and they have all married white ladies.

75% of Igbo youths leave Igbo land every year in search of opportunities in Yoruba, Hausa land or overseas.

85 % of Igbos have family houses and own investments outside Igbo land. They strongly believe in one Nigeria but failed to know that NO Yoruba or Hausa man has a family house or investment in Igbo land.

Igbos are the only people who believe that living outside their land is an achievement.

Igbos are the only tribe that celebrate their tradition outside their land e.g. Eze Ndi Igbo, Igbo Village in America and this is because they have family homes in foreign lands.

Igbos have failed to know that the children you have outside Igbo land especially overseas will never think of living in Igbo land. So what happens to the properties you are building for them when you are gone?

Igbos are the only tribe who see their land as a place to visit or a tourist site than a place to work and live.

Igbos are the only tribe who instead of promoting and appreciating their culture through movies and documentaries they have sought to ridicule it by portraying rituals, killings, wickedness, love for money and other social vices which were not originally inherent in our culture thereby cursing more harm than actually promoting their culture.

Igbos are the only people who without hesitation believe their history and description when it is told or written by an enemy or a foreigner. E.g. that you do not love yourselves or that you love money.

Igbos are the ONLY largest tribe on earth who fought for their independence and failed to achieve their freedom after 40 years.

Igbos are the only tribe who fails to honour their brave heroes and heroines especially the innocent children starved to death during the Biafran war.

Igbos are the only tribe who embraced their enemy after a bloody civil war and subsequently become slaves.

Igbos do not find it necessary to teach their own version of history to their children.

Igbos fight for marginalisation in Nigeria but has no collective strength or teeth to bite.

Igbos how long are you going to fight for your relevance in Nigeria?

How long are you going to fight for a functional airport, rail networks and other structural establishments that underpin sustainable development?

How long are you prepared to wait for your enemy to guide you to your destiny?

Oh Igbos!
Where are your leaders?

Unfortunately, none of them live and work in Igbo land. If you wish to save the future of your children, your identity, your generation and your race then you need freedom and that freedom is Biafra.

Ukpana Okpoko gburu bu nti chiri ya!

By Chime Eze
#COPIED

The Igbo: We die for causes, not for personalities

Written by Emeka Maduewesi

~on fb. 28th September, 2016.


The Igbo will never die for anyone. We will not even riot for anyone. But the Igbo will die for any cause they believe in because the Igbo have a true sense of justice and a determination to obtain it.


The Igbo will not riot because one of their own lost an election. Operation Wetie was the Western response to a massively rigged 1965 election. The Yoruba doused fellow Yorubas in petrol and burnt them alife. Properties were burnt with occupants. The Igbo will never do this.


In 1983, the Yoruba went on a rampage again over the massive rigging by NPN. Lifes were lost and properties destroyed. The riots were over personalities.


Contrast that with Anambra State where Chief Emeka Ojukwu was rigged out by his own NPN, who also rigged out Chief Jim Nwobodo. The Igbo did not protest because the goat's head is still in the goat's bag.


In the North, ba muso was the battle cry when Sultan Dasuki was imposed on the Sokoto Caliphate. The riot and protest lasted for days and crippled economic activities.


The Igbo will riot over issues and causes. The Aba Women Riot was over Tax. The Enugu coal mine riot was about conditions of service. The Ekumeku Uprising was over British colonialization.


Those of "Ekumeku" ancestry - Umu Eze Chima and Umu Nri - were at the forefront of the struggles for Nigerian independence, with people like Dr. A A Nwafor Orizu and Chief Osita Agwuna serving prison terms. Any struggles the parents could not conclude is continued by the children by other means.


The Biafran war was a response to the genocide. The war in fact was brought upon us. The battlefield was Eastern Region. The war ended in 1970 but the issues and causes were not resolved. That is where we are today.


The Igbo will also jointly rise to fight evil in their midst. They did it in Onitsha in the 1980's, Owerri in the 90's, and with Bakkassi in the 2000.


The Igbo will not die for any man. But the Igbo will stand by any man who symbolizes their cause and their pursuit of justice. Even if the man dies, the struggle continues, and like the Ekumeku warriors, the children will pick up the baton from their parents.


This is the Igbo I know, the Igbo I am, and the Igbo we are. This is my story. Feel free to tell yours.

RT. HON. DR. NNAMDI AZIKIWE TO DR. CHUBA OKADIGBO (1981)

"My boy, may you live to your full potential, ascend to a dizzy height as is possible for anyone of your political description in your era to rise. May you be acknowledged world-wide as you rise as an eagle atop trees, float among the clouds, preside over the affairs of fellow men.... as leaders of all countries pour into Nigeria to breathe into her ear.

But then, Chuba, if it is not the tradition of our people that elders are roundly insulted by young men of the world, as you have unjustly done to me, may your reign come to an abrupt and shattering close. As you look ahead, Chuba, as you see the horizon, dedicating a great marble palace that is the envy of the world, toasted by the most powerful men in the land, may the great big hand snatch it away from you. Just as you look forward to hosting the world’s most powerful leader and shaking his hands, as you begin to smell the recognition and leadership of the Igbo people, may the crown fall off your head and your political head fall off your shoulders.

None of my words will come to pass, Chuba, until you have risen to the very height of your power and glory and health, but then you will be hounded and humiliated and disgraced out of office, your credibility and your name in tatters forever...”
THE REST IS HISTORY AS EVERY WORD OF THE CURSE ON CHUBA CAME TO PASS.

LET'S BE AS PASSIONATE AS WE WANT TO AND BE MODERATE IN OUR CONTRIBUTIONS IN PUBLIC DISCUSSION TO ISSUES AS WORDS OF OUR ELDERS ARE WORDS OF WISDOM

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