Billyonaire:

You sound like an advocate for the poor but you do not even understand what the trade terms on the project is. The project is PPP and the investors are the determinants of the price that their shops should go for. It is not a State Sponsored Project. Its stated as First Bank credit project by the private sector. Government is simply a regulator. If you are so concerned about the poor, you should go to the market and teach them how to secure loan from the banks to buy the stalls.

toba: To be honest with u, these shops/stalls arent for the poor, even though there would be mortgage facilities available. But if one would pay N6m in 25 years, it means u must be making at least N500,000 profit per annum cos u have to pay bank interest at about 18% per annum if not more

aasog1:

Dont tell me this is a pro-masses approach? BRF is too anti-masses! Forget his useless schools, and flower projects.
What has this useless barrister given Lagos besides more taxes and pains. Though, seems like im still gonna vote ACN come 2015

dplordx: @Billyonaire and Emmy9ite

Abeg, make person hear word. Make una stop this rubbish PPP PPP PPP scam format jare!
Na because of PPP dem wan wipe the poor man commot for the surface of lagos!
Dont drive okada. Dont sell at the side of the road. Dont hawk. Dont enter lekki without paying cash!
Make Fash shove this PPP jargons for him a$$ jare

OYINBOGOJU: When others are busy building airport for the elites to get safe passage for their looted funds Lagos is busy developing the grassroot for better future.

Another safe way to care for Igbos
After the completion you can bring more of your siblings to Lagos to engage them in cloth selling.

The benefit you don't get in your home state,sure you are getting here.

Welcome to the Dreamland full of Honey.

chucky234: Sophisticated rubbish,why can't Fashola accommodate the poor in his decision making,all he does is favour the rich and leave the poor to rot away. More than 3000 traders were displaced from that site with promise of allocating shops to them on completion of the new shopping mall but that has not been the case as the shops were leased to wealthy Nigerians for millions of naira per unit,who is fooling who.

toba: To be honest with u, these shops/stalls arent for the poor, even though there would be mortgage facilities available. But if one would pay N6m in 25 years, it means u must be making at least N500,000 profit per annum cos u have to pay bank interest at about 18% per annum if not more

dplordx: @Billyonaire and Emmy9ite

Abeg, make person hear word. Make una stop this rubbish PPP PPP PPP scam format jare!
Na because of PPP dem wan wipe the poor man commot for the surface of lagos!
Dont drive okada. Dont sell at the side of the road. Dont hawk. Dont enter lekki without paying cash!
Make Fash shove this PPP jargons for him a$$ jare

blink182: This is really nice. All markets in the country should be like this, unfortunately tomatoes sellers can't pitch tent here.

JaaizTech:

I think you guys are making a very wrong assumption. Those guys that owned shops (mark the word owned), in the former Tejuosho market are by no means poor, any former Tejuosho shop owner is a fairly big trader. Those whom this new shopping complex will mostly affect negatively is those traders that were hanging by pathways, on the staircase, corridors and the likes.

However, it is unfortunate that at every strata of the Nigerian Government corruption has eaten deep, even when the Governor means well, by building shops at affordable prices, the rich in collusion with civil servants will find a way of quickly buying up the shops, and later selling them at exorbitant prices. To make things work in Nigeria, the Governor must pay keen attention to the processes himself otherwise the story will remain the same.

JaaizTech:

I think you guys are making a very wrong assumption. Those guys that owned shops (mark the word owned), in the former Tejuosho market are by no means poor, any former Tejuosho shop owner is a fairly big trader. Those whom this new shopping complex will mostly affect negatively is those traders that were hanging by pathways, on the staircase, corridors and the likes.

However, it is unfortunate that at every strata of the Nigerian Government corruption has eaten deep, even when the Governor means well, by building shops at affordable prices, the rich in collusion with civil servants will find a way of quickly buying up the shops, and later selling them at exorbitant prices. To make things work in Nigeria, the Governor must pay keen attention to the processes himself otherwise the story will remain the same.

shol: Are You Sure The Woman That Sells Okrika say 200 τ̅☺ 250 each can afford this?

OYINBOGOJU: When others are busy building airport for the elites to get safe passage for their looted funds Lagos is busy developing the grassroot for better future.

Another safe way to care for Igbos
After the completion you can bring more of your siblings to Lagos to engage them in cloth selling.

The benefit you don't get in your home state,sure you are getting here.

Welcome to the Dreamland full of Honey.

shol: Are You Sure The Woman That Sells Okrika say 200 τ̅☺ 250 each can afford this?

AjanleKoko: This 'can the poor afford it' syndrome sef . Everybody seems to roll that out now, for every government project. Can the poor afford it? I tire

If you live below the poverty line, you got no business owning a shop. Your priority should be survival, earning a living. I'm sure some of the poor were gainfully employed as artisans or labourers during the building of this shopping complex.

More projects like this, more jobs for the poor. Heck, the poor can even work as shop attendants, parking attendants, security, or worreva. There's no free lunch anywhere jare. Leave matter.

toba: I dont think this is correct. i know its a leasehold interest that would be granted through first bank the financier in cooperation with LASG. shops are to be leasased for 25yrs renewable upon expiration of sizes ranging from[b] 6m2, 9m2, to 12m2[/b] etc in lock up shops and open stalls. the lowest for the 25yrs lease is N6million

AjanleKoko: This 'can the poor afford it' syndrome sef . Everybody seems to roll that out now, for every government project. Can the poor afford it? I tire

If you live below the poverty line, you got no business owning a shop. Your priority should be survival, earning a living. I'm sure some of the poor were gainfully employed as artisans or labourers during the building of this shopping complex.

More projects like this, more jobs for the poor. Heck, the poor can even work as shop attendants, parking attendants, security, or worreva. There's no free lunch anywhere jare. Leave matter.

Tolaaaaannni:

Lets start by saying no one said anything about the poor owning a shop, (heck if the poor wanted to own a shop what is so wrong in it?) 2nd, How can the poor earn a living in a country like Nigeria, where the system is built to benefit the rich? And how can the poor get jobs when job owners only hire family members or people that they are familiar with?? Imagine a college graduate that has been looking for job 5 years since graduation. Think about that and then comment again.

ebosed:

I agree with you my brother from another mother but can you afford this? Its a shame that the start built a market with my money that makes no sense to at least 15percent of it populace. We already have Shoprite, Spar and Park n Shop, this is nonsense!

AjanleKoko:

If the poor want to own a shop, then they need to go to a market or place where they can afford one. If they cannot afford one, then they need to work. Not everybody will be able to afford everything. It doesn't happen anywhere in the world. Some people in the West live on the street and beg. Because Nigeria is poorer as a nation, and has few infrastructures like the new Tejuosho market built regularly, there are fewer jobs in Nigeria than in the West. We should be happy when projects like this are executed, because it means new jobs will be created.

The system in Nigeria is not built to benefit anybody. Not even the rich. The rich just make money in Nigeria, and spend abroad. Why? There has been no real system to speak of, for years. In a country where nothing has worked well for years, how can you talk about 'system'?

Finally, 'job owners' as you call them, have the right to hire whoever they want to hire. They don't have to hire you. Also, college graduates who have been out of work for five years? There's no system anywhere, not only in Nigeria that guarantees jobs for anybody, not to talk of college graduates. In a booming economy, jobs are created by people who start businesses. If everybody goes to college, like in Nigeria, and waits for someone to employ them, who will employ anybody?

Projects like this Tejuosho market redesign will create jobs of a better quality that existed before now. New shops will be opened, shop attendants will be hired. Maintenance crews, cleaners, parking attendants, security, etc. Businesses that rent office space within that complex will employ people to work for them. Some graduates will also get jobs here. The old Tejuosho market was just a semi-open market, with no facilities, no amenities, parking on the street, touts and alaarus everywhere. Which one is better, to be an alaaru or market tout, or to do some of the other jobs I listed above?

Think about it.