ftmom:

@ tkb

Trust me, I know where you are coming from. What we have in Naija is not "profit margins" but "profiteering margins."

I'm pretty sure those Yaba units won't cost N20m to build which means the profit margin for the developers is a lot higher. Even with the price of cement, labor is cheap enough and so are finishings that the developer would have to really go to town on finishings in order to get up to N20m cost price. When I first got back, couldn't get my head around the margins but it is what it is. If you build your own and advertise it for cheaper, the average Nigerian automatically assumes it's not as good

This is so true. . . . . . .Nigerians want stuffs that are expensive.

If the admission fee to any club is N10,000 and you manage to get one, put a fountain in the middle of the dance-floor and charge N100,000 per head, you will cop more attendance than the regular clubs that charge just 10K.
I can't get that round ma head at all.

@Ftmom, don't get me wrong here. I do see what you mean in all but that has not been enough for me justifying such an investment. I grew up in Ikorodu, so I am sort of oK with the sights in the mainland, especially in Ikorodu. it is sort of like going on vacation to mexico, you don't expect it all to look like you see it in the US and many people are ok with that. However, when you speak of lekki and returns, what exactly do you mean?

~Sauron~:

This is so true. . . . . . .Nigerians want stuffs that are expensive.

If the admission fee to any club is N10,000 and you manage to get one, put a fountain in the middle of the dance-floor and charge N100,000 per head, you will cop more attendance than the regular clubs that charge just 10K.
I can't get that round ma head at all.

100 k for club in naija ? 10 k ? people actually pay these exorbitant prices ? silly nigerians.

on a side note, those of you living in nigeria. are you still scared of armed robbers ? do they still go around killing people ? and is it true that you cannot leave your house after 7 pm ? and do police constantly harrass you at check points ?

these are the reasons why me personally am scared to live in naija because i have had personal experiences with naija checkpoint police before i left naija. i was once asked to do frog jump on third mainland bridge. can you belie dat ? a grown azz man like me doing frog jump on third mainland bridge ?

so this topic has reached 24 pages.

Next poster will ask are NID jealous of NIN cos the government are spending N10billion on 50 yr independence,

no one is jealous of anyone and if people back home didn't take offence to everything from people who live abroad maybe things would move forward.

.

@ ftmom
u definitely keep ur ears and eyes on the ground. Got a question for you since you seem to know ur way around Lekki. How far is Abraham Adesanya estate from Ozumba? Just got an offer to buy a plot there for 5M

ftmom:

@ buzugee

Your idea is an interesting one but from what I've seen the people who would be able to afford USD500 for a check up are people with good jobs that have health benefits. Health benefits means their employer provides a list of hospitals they can visit for their medical concerns. I suspect there's a ceiling on the amount they can spend depending on their hierarchy at work but not totally sure.

Anyway, the thing is these people visit medical Drs who should take care of their ailments "for free" and already expect their needs are covered by these visits so even though they can afford it, most would see no need to pay out-of-pocket expenses to an outfit like yours.

ahhhh another dent on my dream i cant seem to catch a break can i ? i no wan become daddy london ooooo. something gotta give

If you could get with a reputable hospital that has solid companies as clients, your outfit could become the referral "lab'" for those services you mentioned ie the hospital/clinic refers their patients to you.

That's my 2 cents based on what I've seen
[quote][/quote]

^ i did not quote well @ ftmom.

ftmom
u definitely keep your ears and eyes on the ground. Got a question for you since you seem to know your way around Lekki. How far is Abraham Adesanya estate from Ozumba? Just got an offer to buy a plot there for 5M

Abraham Adesanya is not far if the roads are wide but my sister, the traffic from Abraham Adesanya to Ozumba every morning will make u age quickly

for 5m, u can buy and hold, expect the asset to appreciate and sell later

tkb417:


Abraham Adesanya is not far if the roads are wide but my sister, the traffic from Abraham Adesanya to Ozumba every morning will make u age quickly

for 5m, u can buy and hold expect the asset to appreciate and sell later

Which kind traffic be that?
Na Exodus from Egypt to Canaan?

thanks tkb. My hubby wants to put our family edifice here   and now u r telling me i will spend my entire life in traffic. Wetin make i do now? I no get phase 1 money na

.

Ijede -- One million

Maya -- 400k

Adamo -- 400K

@Dayokanu

Which kind traffic be that?
Na Exodus from Egypt to Canaan?

Honestly, the only thing stopping me from moving to naija na traffic. My brother i weak for Lagos traffic o

~Sauron~:

Which kind traffic be that?
Na Exodus from Egypt to Canaan?

naijababe:

thanks tkb. My hubby wants to put our family edifice here   and now u r telling me i will spend my entire life in traffic. Wetin make i do now? I no get phase 1 money na

LOL
living in abraham adesanya means u'll be waking up 4am, leave ur house by 5am and get to the office by 7.30

going home is worse

naijababe, things can still get better. Lets hope fasola will do another major road that will decongest traffic going in and out of lekki

naijababe:

Honestly, the only thing stopping me from moving to naija na traffic. My brother i weak for Lagos traffic o

as it is now, we dont have any solution to traffic wahala in Lagos

honestly, i want to move to accra

i saw a property in accra in airport west area ( area can be compared to Ikoyi in Lagos) for $200,000
a duplex with 5 rooms, Bq and a pool

to me, thats cheap compared to what we have in Lagos

naijababe:

Honestly, the only thing stopping me from moving to naija na traffic. My brother i weak for Lagos traffic o

Use Okada if the traffic gets hectic.

tkb417:

as it is now, we dont have any solution to traffic wahala in Lagos

honestly, i want to move to accra

i saw a property in accra in airport west area ( area can be compared to Ikoyi in Lagos) for $200,000
a duplex with 5 rooms, Bq and a pool

to me, thats cheap compared to what we have in Lagos

Now you are talking. . . . .
That is one area Nigerians should start thinking of moving to.
Affordable houses with good space, swimming pool and noiseless.

~Sauron~:

Use Okada if the traffic gets hectic.

rain nko?

tkb417:

rain nko?

Buy an umbrella.

Use Okada if the traffic gets hectic. Grin

U wicked o sauron   what about my kids? make i put on top okada too eh

Now you are talking. . . . .
That is one area Nigerians should start thinking of moving to.
Affordable houses with good space, swimming pool and noiseless.

i agree

houses here are not as expensive as we have in Lagos although 9ja guys are already into property devpt here

but with the way Nigerians are movin down to Ghana, i hope they wont chase awon boiz away with 9ja must go bags o

naijababe:

U wicked o sauron what about my kids? make i put on top okada too eh

u dey mind sauron

@Sauron
can u use okada?

.

@Ftmom, I don't have kids and when I am in Nigeria, I tend to switch completely to the Nigerian mode for as long as I am there. Also, where I grew up is actually quiet and peaceful and we have the malls and what nots as well.
But consider this

Can I not spend that amount instead, say $30 - $45 Million, building, say a 25 unit flat( I like the idea of building upwards), in a place like, I don't know, Ikorodu. I rent each unit out for about N300K per annum(or sell each for about 3.5 million) and the current government's rebate or whatever it is the government is offering developers these days. I keep one of the units for myself and family.  That sounds more like a win to me.

I think i have to tepa moshe, dont intend to leave my peaceful granite city to go and age in Lagos. I need to find money for a phase 1 property

ftmom so what country did you move from to naija ? if america, what state ? do you prefer your life in naija or are you just hanging in there ? tell me more about your life in naija. i am curious. i was especially excited when you said your kids go to the bookstore in the mall to read. sounds hella fun

naijababe i go come join you for scotland soon for locum contract

naijababe:

U wicked o sauron   what about my kids? make i put on top okada too eh

 Nor vex.

tkb417:

u dey mind sauron

@Sauron
can u use okada?

If it can move slowly. . . . .

tkb417:

i agree

houses here are not as expensive as we have in Lagos although 9ja guys are already into property devpt here

but with the way Nigerians are movin down to Ghana, i hope they wont chase awon boiz away with 9ja must go bags o

Dem nor born Ghana well. . . .
As an ECOWAS Citizen, my rights permit me to live in any ECOWAS country and enjoy the same rights like the indigenes.

Dem nor born Ghana well. . . .
As an ECOWAS Citizen, my rights permit me to live in any ECOWAS country and enjoy the same rights like the indigenes.

is that what you'll tell them when they bring out cudgels and matchetes?
ure funny

did they claim any right when we sent them packing?

when ghanaians were kicked out of ghana were they not part of the ecowas ?

.

buzugee:

when ghanaians were kicked out of ghana were they not part of the ecowas ?

The ECOWAS passport thingy wasn't in PLAY then.
Now, it's like the EU schitzo. . . . . .any EU citizen can fly from anywhere into any member of the EU community and live happily ever after.
With an ECOWAS passport, no lunatic can deport you from Ghana - Quote Sauron when they come for you with machete n dane guns.

tkb417:


is that what you'll tell them when they bring out cudgels and matchetes?
ure funny

did they claim any right when we sent them packing?

Read ma missive above ^^