Building Of A 5 Bedroom Executive Duplex In Enugu - Properties (5) - Nairaland
Nairaland Forum / Nairaland / General / Properties / Building Of A 5 Bedroom Executive Duplex In Enugu (134817 Views)
A Four Bedroom Executive Bungalow For Sale. / Northern Foreshore: 5 Bedroom Executive Duplex Plus 2 Rooms Bq For SALE / 5 Bedroom Executive Bungalow For Urgent Sale! (wt Pictures) Hot! N45 Million (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (51) (Reply) (Go Down)
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by spyder880(m): 5:48am On Jun 27, 2011 |
liujenny: I always go the extra mile to please my clients, anything to make them happy will make me happy.  Thanks for the compliments. I just love building |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by tdk: 8:57am On Jun 27, 2011 |
I dont know if anyone has seen this article below, them no go kill ds country. [b] Real reasons cement price is high–Iweta BY MOSES AKAIGWE Thursday, June 23, 2011 As a well known industrialist with diverse interests both in his Delta state base and beyond, Prince David Iweta discusses the problems of local manufacturers, especially those in the cement sector, with deep passion. Following the intervention of President Goodluck Jonathan on the crisis in the cement market on May 17, with a directive to the stakeholders to bring down the high-rising price per bag in 30 days, Iweta was among the first to react, claiming that the manipulative antics of what he called “a cabal” , rather than the trumpeted pump price of diesel, was the reason behind the scary cost of cement. In an exclusive interview with Daily Sun, the cement manufacturer gives insight into how government policy changes, at the instance of the “cabal”, keep genuine investors at bay, leading to a situation where the people that are the biggest manufacturers of cement, are at the same time the biggest importers, with no opportunity for fresh entrants. He warns that, though it is “very, very possible” to sell cement at N1000 in the country, the price cannot be maintained for too long, unless late President Musa Yar’Adua’s policy of granting licences to more players and breaking the monopoly of the “cabal”, is revisited. Excerpts: Can you lead us through the background to the present situation in the cement industry? I think in the cement industry today, there is absolute crisis, and the crisis is artificial; created by the deceitful effort of a cabal whose members are also using the Federal Government agencies, like the Ministry of Commerce and Industry, to perpetrate evil against the country. Now, before; the commencement of our democracy of 1999, cement had a duty of five percent, and that five percent duty had remained, and there wasn’t anything like cement import licence quota that is allocated year by year or introduced by any group. But, immediately this cabal came in, they decided to encourage the government in power which seemed to be in partnership with them, to create a policy that ushered in the era of the introduction of cement import licence. But before 1999, there was an open importation of bagged cement. You just bring it in 50-kilogram bags and then sell. So, when the government of Olusegun Obansanjo came in, in 1999, because of the orchestrated plan by the cabal that was just coming in, they said ‘let us ban importation of bagged cement in order to encourage investors to set up bagging plant here in Nigeria’ – that is encouraging people to import the bulk in powder and then bag it locally to achieve value-addition, by particularly creating jobs for people, because when you import the bulk, automatically you will need to produce the bags and people work in the factory, among other activities like bagging, loading and maritime services. So, this was the situation. But, when the cabal came, they said ‘no, let us introduce cement import licence’. So, when they banned the importation of bagged cement and said people should bring in equipment (to achieve local value-addition), it took about two years to two-an-half years, from December, 1999 to order for the cement equipment, clear it, install it, build the warehouses, the storage and jetty. But, unfortunately for those of us who followed government directive for us to order for cement equipment, build the factory and private jetties where the berges can berthe, this cabal did not go building their own factories from the scratch; instead, they deceived government by claiming there was low patronage at the ports, that the ports were idol, which made government to allocate spaces to them at the ports. So, they merely brought aluminum structures to cover the places up, and that was their factory. They had no need to build concrete floors on their own which costs a lot of money. They had no need to build private jetties; they were given government jetties at Tin Can Island port and Apapa port ( both in Lagos), Area 1 in Port Harcourt and Onne. Only one person got all these. By 2000, the cartel had gone around to influence a policy that for anybody to have a plant, they must have a concrete plan to manufacture cement locally. The period needed to bring imported equipment for bagging plant and building your own jetty had not even elapsed and some people were still investing, when the policy was changed again. But, ahead of this latest policy summersault, the same cabal had already gone around Ogun State, had gone round the whole of Cross Rivers State, gone to Obajana, and surveyed in their name anywhere there was limestone deposits that will last for over 250 years, thus depriving other people access to the basic raw material which is lime stone quarry. And so, a lot of people stayed off, because when you go to anywhere there was limestone, they will tell you ‘this man has already surveyed the place’, and then show you a map. A company like Burham went to Calabar and acquired another company called CALCEMCO (Calabar Cement Company). CALCEMCO was producing in Calabar over the years and had a limestone quarry site which was called Cross Rover Limestone Limited, where they were getting limestone for their factory in Calabar. But, unknown to them, the cabal chief had already surveyed everything in his name, backed by the then Federal Government with the then governor of Cross River State, Donald Duke supporting. So, when UNICEM bought over CALCEMCO, and went to where the company they acquired used to get limestone, somebody said, ‘I have surveyed this site in my name, and therefore, you cannot have access’. And the new owners argued that they had bought the factory which was dependent on this limestone before now, ‘so where do we use?’ It was only recently that they now reached an out-of-court settlement when the cabal leader demanded and go 20 percent equity holding in the project before allowing them to operate, but after a while, UNICEM had to sell off its shares in order to be able to move the cash to another investment. That is now that cabal is. One company in Ogun State called Gateway Mining, there own was like that; the whole place was surveyed in Ogun, and therefore, they didn’t have access to any limestone, and there was much battle until the late President Umaru Yar’adua came in and said ‘nobody should emasse so much limestone deposit that he cannot develop within two years’. He now revoked all the licences and created what he called a CADESTRA office from where they had to survey all limestone deposits from limestone to bitumen to all other minerals. It was only that Presidential intervention that opened the door for those of us to approach the office under the Ministry of Mines and Steel Development, to now ask for places where there was unencumbered access to limestone. That was how we all who had cement bagging plant before, could get licences. And from that time, most of our factories were now ready for operation by 2002. And when they said that unless you show evidence that you had plans to make cement locally, they wont give you import licence, what do you do? You have no need to go to the Ministry for licence, because you cannot even be given access to limestone. This was the situation from 1999 to 2007 when President Yar’adua came in. but even at that, when you apply for limestone, the cabal has agents that will stop your application from being processed. That Yar’Adua could not come and monitor, and today, some of us got in November, 2010 what we applied for since 2007. So, it is only now that we go backward to do backward integration. I am just coming from Uyo in Cross River, where I have licence for limestone deposit, to explore the possibility of setting up a cement plant on backward integration basis with an expatriate joint venture partner. Now, we all that are in the cement business do not have the plan or desire to remain cement importers and just be bagging, because it is cheaper, it is more convenient to produce from local limestone irrespective of the odds. The issue of power does not affect a large-scale cement production project. The reason being that if you are producing a commodity of a huge size, you need heavy energy consumption. For example the energy you will consume in an average cement plant is more than what the whole of Calabar will consume. So, it becomes commercially and reasonably viable for you to build your own independent power plant, gas-fired, to run your cement production plant. What were the specific factors that jerked cement price so high that the President had to intervene? By 2007, When President Yar’Adua came in, the price of cement was around N2,600/N2,800 just as it is now, and he said, ‘no, this cannot continue to happen’. He called all the companies that had cement bagging plant that had been denied access before now, and a few people he felt could help to bring down the price, and granted them cement import licences, not to bring bulk, but to even bring in bags, so that the price would crash. Government granted six of us special licences with which we were expected to bring down the price. And then we did, and what happened? The price came down to as low as N1,200 at our factories by the time they transported it, it came to N1,400 and N1,600 maximum, and that situation remained from 2008 when the imports started coming in up to 2009, then subsisted till about 2010. So, in 2010, the new Minister of Commerce and Industry, Jubril Matins Kuye, who now came in as part of a clique that supported the cabal further, now cancelled the unused portions of the licences that were granted by President Yar’Adua and removed some of us that got the licences from the list, and in the process allocated them to one particular company that belongs to the cabal leader. Over 50 per cent of the quota was given to that company, and that was a company that was saying that by 2010, their plant would come on stream to meet Nigeria’s local cement need, that is Nigeria would be self-sufficient, and that by 2011, his own cement factory would now be meeting excess of the nations demand and would exporting. But the minister still gave that same company licence to import cement. Meanwhile, he did not give licence to other people who applied. Again, the same minister increased the duty of bulk cement from five percent to 15 percent, and introduced a compulsory Cement Technology Institute (CTI) levy of 20 percent, thereby making the total duty on imported cement to be 35 percent. He did not do that because he wanted to earn money for the nation, because Nigeria was not crying that it needed money to execute any project so they now want to increase the price of cement at the detriment of the consuming public and the country that is suffering from 17 million deficit in house delivery to its populace. The ultimate aim was to make the cabal and the so called local cement manufacturer who want to make abnormal profit of over 100 to 200 percent, to hide under the new increase of duty of 35 percent which will now make the cost of selling imported cement to be N1,700, to also sell their locally made cement at N1,700. And because they also removed some of us from access to importation and favoured the same cabal leader which means empowering him to now regulate the inflow of cement unto the country, artificial scarcity was created that put pressure on all available facilities, including his own factories. They now used that to jerk up price and started whipping up sentiment, claiming it is the price of diesel of about N120 to N145, that is the cause of cost of cement price rising from the N1,200 that we were selling it at the factory, to N1,700. I do not see how diesel, which is not consumed by the cement manufacturers’ factories, affects their gate price to the point that it is as high as N1,700. And by the time they sell N1,700 at their gate, and the distributor who will pay for about 20 to 50 trucks at a time because of the scarcity, will add between N200 and N300 as profit margin. The transportation from either Lagos or Obajana or Port Harcourt, to a place like Onitsha, is about N300 per bag. If you add N300 to N2,000, it is N2,300. By the time the man who buys from the distributor adds his own mark-up, and store rent and all that, he puts another N300 Naira. That comes to N2,600. So, the cartel is deceiving the Federal Government. They deceived the Federal Government to increase duty so that they will now harp on the cost of imported cement, which is an augmenting factor, to benefit their own locally made cement. And on their own locally cement, they do not pay freight and the cost of freight from Europe to Nigeria is about N500 a bag. Add the cost of cement, say N500 per bag, and you get N1,000. By the time you add duties of 35 percent, you get about N1,350. By the time you add stevedoring and other factors, it comes to about N1,400 to N1,450. They will now sell at N1,650 to N1,700. Mind you, the same core manufacturers are at the same time the heaviest importers. So, because they are still importers, Dangote, for example, they will say ‘we are selling this brand at Obajana or Tin-can Island, Lagos (it doesn’t make a difference) at N1,700. I am going to present my statement to shareholders. What is wrong if I sell at a high price’. Same thing happened to Lafarge, Ewekoro and Shagamu, because they are also importing in Port Harcourt. Same with Burham who bought over Northern Cement Company. They have a floating terminal. They bag on top of the ship and just bring in the imported cement. These people don’t fool the ministry, but they fool Mr. President, because they work in collaboration with the ministry to do a report to Mr. President. The reports they had in Septemer 2010, discovered that locally produced cement was more them the imported cement, but meanwhile, limestone is available free. Your factory is close to your quarry. So why does locally manufactured cement sell for as much as N1,700 (at the gate). All over the world where cement is produced, they do not sell more that N450 per 50 kilogramme bag, and there is no country in the world where the cost of energy is cheaper than in Nigeria. In Ghana, cement is selling for N950 at the shop. In Liberia that is just recovering from war of 15 years, their cement price is under N1,000. In Kuwait, cement is under N600, in China it is priced below N500. Nigeria is the country in the world with the highest price of cement. Given the picture you have just painted, will the price of cement come down as directed by the President? If the local cement manufacturers are sincere and are patriotic, and do not want to exploit Nigerians, it is very, very possible and at a profit in their favour, to sell the locally manufactured cement for N1,000 per bag, irrespective of all issues. If they doubt it, they should collect the energy cost that they claim they use. Most of them use gas, they use coal too. China does not have petroleum products like Nigeria, they import but the cost of cement in China is under N500 for cement product in that country. In Indonesia, the same thing; Vietnam, the same; Turkey is even cheaper. Therefore, the cabal are out to destroy this country, and they have been exploiting this country to the bones.[/b] |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by brabus(m): 9:06am On Jun 27, 2011 |
^^^@tdk, why cant you open a new thread for this discussion? I really dont like when threads are being derailed - I noticed too many of this on Spyder's thread. Spyder880, kindly advice your loyal contributors so as to keep the thread focused. |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by tdk: 10:15am On Jun 27, 2011 |
Bros Brabus, No offence meant, i taught this was related to the topic However, Note taken |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by Fhemmmy: 2:29pm On Jun 27, 2011 |
Still learning |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by Fidelo726: 4:51pm On Jun 27, 2011 |
thanks a lot tdk, its good to know the source of our problems, |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by tdk: 5:50pm On Jun 27, 2011 |
@Brabus a new thread has been opened titled THE REAL REASONS BEHIND THE HIGH PRICE OF CEMENT as suggested. @ all, please go to the new thread to add ur comments and lets not derail the topic here. By the way ur welcome Fidelo726 |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by spyder880(m): 12:33am On Jun 28, 2011 |
On this site, we were supplied with 6 trips of sharp sand for block making, (more are still coming) I will go there tomorrow to finish the site rest house and will need to buy used zink to cover the roof of the rest house. I also plan to paste progress pictures and expense updates by later today. The real problem delaying this site is water, but we are fighting it. Its not all parts of Enugu that has access to tap water so we are working around that small problem. |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by spyder880(m): 11:39am On Jun 28, 2011 |
Okay my people, cement is falling here. I am buying cement to be used to mold blocks for this duplex and they are telling me N1,650.00 for a bag, sound bags. I will hunt around for a reduction and will report on expenses later today.Okay my people, cement is falling here. I am buying cement to be used to mold blocks for this duplex and they are telling me N1,650.00 for a bag, sound bags. I will hunt around for a reduction and will report on expenses later today. |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by tdk: 1:16pm On Jun 28, 2011 |
E be like say the Cabal don dey pity us small small. hope say e go crash reach 900naira soon. |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by Fhemmmy: 2:00pm On Jun 28, 2011 |
Still following . . . |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by spyder880(m): 2:52pm On Jun 28, 2011 |
spyder880: spyder880: My client insisted on Ibeto which sells for N1730 (we didnt know it was in the market, earlier enquiries suggested it was out of stock) Unicem and Dangote sells for N1650. Ibeto always sells for a little more and yields more in block making. We are going for the best, even if it will cost a little more.We paid for 30 bags, more updates later. |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by Fhemmmy: 3:07pm On Jun 28, 2011 |
^^^ Chief, why the suspense now? How far with the project, eyes are itchy and wanna learn |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by Fidelo726: 3:28pm On Jun 28, 2011 |
its good to learn that the price of cement is dropping. |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by Costa2000(m): 3:41pm On Jun 28, 2011 |
Pls how many blocks do i need to build 5 bedroom bungalo?, nd how many blocks do i need to fence one nd half plot of land?.Thanks nd God Bless u all. |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by spyder880(m): 5:04pm On Jun 28, 2011 |
Costa2000:I have noted your question and will work on it later this evening, I am standing up haggling for building materials now. I will give you a reply later today. But, does your bungalow have any special features like en suit rooms? |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by spyder880(m): 5:16pm On Jun 28, 2011 |
I have started documenting costs for this house and will soon move my men to the site within the week. We are preparing all necessary arrangements as I will not like them to come back till we do that deck. Today, we bought the following materials. Payment for 10 trips of sand @ N9000.00 per trip =N90,000.00 30pcs of old zink for roofing of the site store =N350 X30 =N10,500.00 Zink nail N720.00 Roofing gasket N60.00 10 bags of cement @N1720.00 = N17200.00 (we couldn't find enough here) 20 bags of cement @N1730.00 =N34600.00 loading charges N220.00 Total for today N153,300.00 spent so far on this duplex project. I will show site pictures tomorrow as I couldn't get to this site today due to the market purchases. Thank you my people. |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by Costa2000(m): 5:29pm On Jun 28, 2011 |
@Spyder880 2masters bedroom,childreans room will have it own toilet nd bathroom then the other 2rooms can share one toilet nd bathroom. Thanks. |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by spyder880(m): 5:33pm On Jun 28, 2011 |
I also remembered that the first day we went out to do the woodwork for the site store room, (24th of this month) I bought some wooden pallets to keep the cement upon in the event of rain. Nails were also bought to do the little work we did on the store. Wooden pallets N500x2 =N1000.00 Nails N480.00 It was a total of N1,480.00 Add this to the previous 153,300.00 an you will get N154,780.00 |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by spyder880(m): 5:33pm On Jun 28, 2011 |
Costa2000: Noted. |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by Fidelo726: 6:15pm On Jun 28, 2011 |
I see it as blinding and out of normal to estimate for a structure one cannot see its drawing, so as to know the total square meter involved. As a builder, I think the best spyder can do now is give you the estimate of similar structure he must have handled else where. This will definitely not be of the same dimensions as yours. Thus cannot be a parameter for your building. |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by Fhemmmy: 6:28pm On Jun 28, 2011 |
spyder880: Now the fun has began . . . . . . |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by Costa2000(m): 6:47pm On Jun 28, 2011 |
@Fidelo726, i understood u, i dont have the drawing with me now, nd i want to make it small like BQ b/c i may start to build Duplex infront of the BQ in next 2yrs by the special grace of GOD.So what i want is an estimate so that i will use it to monitor them cos am far from them.I dont think i will see the house b/4 they finish it cos am 2busy now. Thanks for caring, God Bless. |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by rastaman20(m): 6:51pm On Jun 28, 2011 |
Well done @spyder880. i love ur way of handling projects. it shows that u have the love in buliding , and with love in whatever we are doing in life, the sky is the limit. Kudossss |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by spyder880(m): 6:54pm On Jun 28, 2011 |
Fidelo726: But at least it can help him prepare his mind on the range of materials that will be needed. Even with his drawing, the estimate cannot be accurate how much more a comparison estimate. |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by spyder880(m): 9:39pm On Jun 28, 2011 |
cement shops
|
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by spyder880(m): 9:53pm On Jun 28, 2011 |
healthy bags of cement, orobo and not lepa
|
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by spyder880(m): 12:06am On Jun 29, 2011 |
Costa2000: A prospective client who wants me to do a fence for him asked me for estimates. The plot measures 100ftx100ft and I have given him a quantity of 2886 for blocks, your one and half plots is in that range as his plot size. (12 coaches high from foundation blinding) For the bungalow, plan to use as much as 1700-1800 blocks depending on the size of your rooms. Please note that just as Fidelo726 had mentioned, this cannot be an accurate figure but just a figure to guide you. Thank you. |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by Fhemmmy: 12:53am On Jun 29, 2011 |
spyder880: I carry yansh for you oh . . . u sure know your onion |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by Costa2000(m): 12:59am On Jun 29, 2011 |
@Spyder880 Thank you nd i pray that God Almighty will continue to Bless you. |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by Fhemmmy: 1:01am On Jun 29, 2011 |
^^^ I say Amen to that too |
| Re: Building Of A 5 Bedroom Executive Duplex In Enugu by spyder880(m): 5:25am On Jun 29, 2011 |
Costa2000: God bless you too. |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (51) (Reply)
"Lekki Gardens Estate" How Genuine Is It? / Pictures And Prices Of Security Doors / Exclusive Pictures Of Babangida's Eye-popping Mansion In Minna
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 84 |