kettykin:
Should the igbos who have invested so much in the landed property business in lagos start selling their property.

I have fears about the Lagos economy and the safety of the wealth of igbos in lagos.
This is because the price of the landed property business is very high now which is actually the best time to sell.
With the decline of the oil industry and it's expected effect on the economy of nigeria and lagos, lagos whose igr is driven by income taxes of which the bulk comes from the oil companies headquatered in lagos would witness reduced igr

The lagos government being a rental driven government would certainly embark on property tax, which would have a great impact on property owners in lagos .
Secondly as the oil driven economy goes down, banks that depended on oil companies would find it tough, leading to tightening of belt which can affect staff welfare which would hit on the igr of lagos.
Thirdly the bureau de Change operators, air travel business, air line business etc are already in tough times because of economic downturn.


Please discuss further, this is not another biafra thread

omenka:
Mynd44, please close down this trash.

ola6:
Thank God!!! Finally these parasites can f&&k off now!

carbon1224:
Mods take this topic off.

omowolewa:
To what end is this trend?

Brooklynsouth:
yorubas made the mistake by selling lands to the igbos now the want to use cunny way to get it back remember the phone conversation btw kunle and alhaji lagos ll receive special status. They want to get these lands by any means possible now here's news splash if we ll sell back each plot ll cost 500 million interested buyers should contact 080fu9k*ya0mami

ola6:
Thank God!!! Finally these parasites can f&&k off now!

Demburrows:
There was this chilling intel report from one intel agency back then in 2013 Green House something or so that blew a sounding whistle before the lagos rainy season floodings. That by 2050 lagos will go extinct hence the continous upsurge of the Atlantic ocean.,,,, since that report tinubu and lagos govt then fought tooth and nail to make sure they take of that report from the surface of the Internet.
We both saw the manifestations of that report this year with huge floodings in some largely part of lagos when the rainy season kick started.
I pity lagos landed property owners and intending buyers cos the marginal product of lagos factor is gradually slopping down. Even some big companies knows this,, hence they are gradually moving to nearby states/provinces.

Demburrows:
There was this chilling intel report from one intel agency back then in 2013 Green House something or so that blew a sounding whistle before the lagos rainy season floodings. That by 2050 lagos will go extinct hence the continous upsurge of the Atlantic ocean.,,,, since that report tinubu and lagos govt then fought tooth and nail to make sure they take of that report from the surface of the Internet.
We both saw the manifestations of that report this year with huge floodings in some largely part of lagos when the rainy season kick started.
I pity lagos landed property owners and intending buyers cos the marginal product of lagos factor is gradually slopping down. Even some big companies knows this,, hence they are gradually moving to nearby states/provinces.

Anticabal:
I think the OP has a point. Easterners can start selling properties outside the east but they should sell ONLY TO HAUSAS and FULANIS. Don't ask me why.

Brooklynsouth:
yorubas made the mistake by selling lands to the igbos now the want to use cunny way to get it back remember the phone conversation btw kunle and alhaji lagos ll receive special status. They want to get these lands by any means possible now here's news splash if we ll sell back each plot ll cost 500 million interested buyers should contact 080fu9k*ya0mami

Pavore9:
It is not only igbos that owns properties in Lagos. Why should anyone need to sell off now, if they didn't sell it in 1993 when there was mass migration out of Lagos because of the June 12 tension. My family happens to be one of the early sets of igbos to settle down in Ojota when it was still regarded as a village way back in the 70's and a plot of land sold for N1,200. No matter the possible situation in Lagos, there is no cause for selling one's property unless one has chosen to relocate.

T8ksy:



@ bolded......................nevertheles, when ibos finally achieve their, you and family will have no choice but to relocate back to your indigenous homeland.