Maryanne Moghalu, the wife of former Central Bank of Nigeria (CBN) deputy governor and ex-presidential candidate Kingsley Moghalu, has sparked a social media storm with her recent social media post cautioning against investing in Lagos.

In the wake of the contentious dispute between Landmark, a prominent real estate developer, and the Federal Government, Maryanne Moghalu took to Social media to share her advice. Her post, which has since garnered over 200,000 views, serves as a warning to potential investors regarding the current climate in Lagos.

It's worth noting that Kingsley Moghalu was the presidential candidate for the Young Progressive Party (YPP) in the country's general election in February 2019.

The controversy surrounding Landmark and the Federal Government has raised concerns about the stability of investment opportunities in Lagos. Maryanne Moghalu's post adds to the ongoing dialogue about the implications of such disputes on the business environment in Nigeria's commercial capital.

Invest in Lagos at your own peril.

Small post everywhere is shaking.
I made a lovely double chocolate banana cake to go with my parfait.

This 2023 elections really did Nigeria bad. Everything is now about tribe. When I said the government/president should succeed, wahala. Look before you leap with your investment. Wahala. Is it only Igbos that own property there? Mad people everywhere. On both sides.

Them no go hear, but their investment go hear am! If you have properties or sellable investment in Lagos, kindly walk up to a bank, take a short term loan, equivalent or 80% of the investment worth, using your property as collateral. Kindly default and allow the bank take the property!

Divest from Lagos. Locate any town or village with access to sea outlet and buy properties. One day, infrastructures go reach there and the Lagos property market will go bust!

She is 100% right

Not when some demented corrupt visionless bigots are in an accidental government.

Finally it's happening... We go call results in 30 years or more time

Every investor must consider the long-term safety and sustenance of their investment before choosing a location and committing resources. Studies must cover local politics, culture, crime rate, competition, etc.

There is nothing wrong with investing in Lagos but there is always a risk. In Nigeria where ethnicity is exploited, policies are wrapped around a corrupt intention and politicians kill businesses of their opponents, it is advisable and safer to locate one's business in an area one has certain measures of control and influence. This, however, does not still guarantee that your own people cannot exploit politics to kill your business.

Two examples: What saved Innosson Motors from GTbank onslaught was the relocation from Oshodi expressway Lagos to Nnewi. But then again ex-Gov Wike demolished business of his opponents who are from Ikwerre as himself to punish them.

Bottomline is that there risk in every business move in Nigeria especially if it spins money enough to attract attention.

Repeatedly saying the same thing again and again for years without proper action to back it up. Isn't that psychotic?

Shouldn't SE be developed too, and become a place where all Nigerian will want to go and start a family for her economic opportunities?


Why do you feel its a punishment when they ask you to look home?

Why do you think you're hurting us if the number of people that sell Ghala and lacassera and those that sell dvd and phone accessories (using wheelbarrow) on our streets are reduced?

When we ask you not to encourage terrorism and thuggery in your region so that your region can be viable place for business and people inflow, you called us names, you also tag your people who did not agree with your idea saboteurs and get them murdered.

Even this woman cannot travel home for the fear she can get killed.


LAGOS

https://www.youtube.com/watch?v=D_gKkrS42lU

mrvitalis:
Finally it's happening... We go call results in 30 years or more time

Finally
I thought your people already agreed to leave enmasse after the last elections. Wetin happen?

I hear they are demolishing computer village and Alaba market soon. Hope it won't still be empty talks by then. 🤔

Even though none of Landmark even centre building was demolished, you people are still hellbent on spreading propaganda about Lagos state and the FG.

You invest in Lagos or not, the state will still be marching on.

Every time talk talk. When will you guys take action?

We don't need your bloody investments in lagos. Take it back to your region na.!!

If you are not wanted in a place, then you leave. Abi them swear for you to die there?

BigkokoRep:
Them no go hear, but their investment go hear am! If you have properties or sellable investment in Lagos, kindly walk up to a bank, take a short term loan, equivalent or 80% of the investment worth, using your property as collateral. Kindly default and allow the bank take the property!

Divest from Lagos. Locate any town or village with access to sea outlet and buy properties. One day, infrastructures go reach there and the Lagos property market will go bust!

Why coastal areas of the SS that you are opposing a project that will surely open it up for investment ?

Why not your SE?

Have you forgotten about abandoned property so soon?

And why is it hard for you guys to think home ?

Ikaeniyan0:
Even though none of Landmark even centre building was demolished, you people are still hellbent on spreading propaganda about Lagos state and the FG.

You invest in Lagos or not, the state will still be marching on.

The section demolished was illegally sited on federal land and the demolition excercise carried out by federal govt through the ministry of works headed by an Ibo man.


One of them on this thread is even asking that they de-invest from Lagos and invest in coastal towns which I infer is in the same SS that this road network project is meant to open up.

Now tell me how SS people will want to sell prime real estate to them after they opposed the project that will make the adjourning lands along the route spike in value?

This coastal highway project normally should attract commendation and support from their likes as it will surely see to other coastal towns in the SS opening up for business, investments and tourism.

But for their myopic hatred inspired by pure bigotry for anything good outside their region , they have now shot themselves on the foot and kneecaps.

BigkokoRep:
Them no go hear, but their investment go hear am! If you have properties or sellable investment in Lagos, kindly walk up to a bank, take a short term loan, equivalent or 80% of the investment worth, using your property as collateral. Kindly default and allow the bank take the property!

Divest from Lagos. Locate any town or village with access to sea outlet and buy properties. One day, infrastructures go reach there and the Lagos property market will go bust!

You have been doing this since after the 2015 elections and the Lagos Market hasn't go burst.

Watch as those from fallen demons would start attacking men from d rising sun.
D woman no mention any tribe nor names, na ordinary advice she drop Westcoast go turn am to something else. Ndi mgbuuu

OldBeer:
Maryanne Moghalu, the wife of former Central Bank of Nigeria (CBN) deputy governor and ex-presidential candidate Kingsley Moghalu, has sparked a social media storm with her recent social media post cautioning against investing in Lagos.

In the wake of the contentious dispute between Landmark, a prominent real estate developer, and the Federal Government, Maryanne Moghalu took to Social media to share her advice. Her post, which has since garnered over 200,000 views, serves as a warning to potential investors regarding the current climate in Lagos.

It's worth noting that Kingsley Moghalu was the presidential candidate for the Young Progressive Party (YPP) in the country's general election in February 2019.

The controversy surrounding Landmark and the Federal Government has raised concerns about the stability of investment opportunities in Lagos. Maryanne Moghalu's post adds to the ongoing dialogue about the implications of such disputes on the business environment in Nigeria's commercial capital.

Lol

Igbos should take their investment home

The governors need to take the initiative by building roads, getting fire service to work, upgrade markets, assist local police to check crime.

Abia is getting it. Anambra is also on track.

Imo need to change leadership for true development

Ok

Airlord2030:
Every time talk talk. When will you guys take action?

We don't need your bloody investments in lagos. Take it back to your region na

Even people from Osun and kwara State are claiming Lagos
I blame real lagosians
They have been caged in their state.

It takes men without a conscience to ruin an investment of $200 million in a country where 33 million people live in multidimensional penury! If that road runs through the beach front of Landmark, that will successfully mark the end of the resort.

OldBeer:
Finally
I thought your people already agreed to leave enmasse after the last elections. Wetin happen?

I hear they are demolishing computer village and Alaba market soon. Hope it won't still be empty talks by then. 🤔

We are waiting for all ports to be made equal

So we can import and export from any port we choose

Once we get that otilo

Awọn enemy of progress

Lol

Go and check, more than 80 percent of the idiot assets dey Lagos.....

mrvitalis:

We are waiting for all ports to be made equal

So we can import and export from any port we choose

Once we get that otilo

ok

hmmm I agree and also do not agree.

Do not invest in a place where the government thinks it is above the law and the systems to protect and secure ur investments are weak or don't work at All.

Whatever actions u as an investor or the government takes must be legal and lawful.

BigkokoRep:
Them no go hear, but their investment go hear am! If you have properties or sellable investment in Lagos, kindly walk up to a bank, take a short term loan, equivalent or 80% of the investment worth, using your property as collateral. Kindly default and allow the bank take the property!

Divest from Lagos. Locate any town or village with access to sea outlet and buy properties. One day, infrastructures go reach there and the Lagos property market will go bust!

See your criminal mind? So within your heart you think it is fine to deliberately scheme to saddle a bank with a dead asset while you make off with investor's funds? You are sick.

Will they ever hear?

My people too mumu

Always investing in the land that they hate you with passion.

Some will even have mansions in lagos while they're living in mud or old house in the village.

Instead of me to invest in yoruba land i will rather invest here in Abj.

Even as calm as this Abuja, am not buying any landed property. I will rather build 50 houses in Onitsha and still live as tenant here talk more of a region where am hated for being Igbo

Ikaeniyan0:
Even though none of Landmark even centre building was demolished, you people are still hellbent on spreading propaganda about Lagos state and the FG.

You invest in Lagos or not, the state will still be marching on.

Moghalo wife no mention anybody nor tribe but d guilty conscience in west no go allow dem sleep

UncleAyo:
Repeatedly saying the same thing again and again for years without proper action to back it up. Isn't that psychotic?

Shouldn't SE be developed too, and become a place where all Nigerian will want to go and start a family for her economic opportunities.

Who says there is no actions
Do you guys even travel?
Do you know industrial complexes coming up in different part of Igbo land?
How many new Igbo factory are opening in Lagos
Na just old ones biding time to relocate

Ever wondered why Ajah is still cheap?
Ever wondered why after VGC the lands are not appreciating?

Lamo how many new Igbo investment have opened in Lagos in the last 10 years

We are moving back home... We just need some policy changes to make sure of it