₦airaland Forum

jejemanito:
This also reminds me of a dude that bought p@rn only to realize it was a gospel sermon

Lalasticlala help warn naija parents biko

samofson:
[s]how will the people that buy these properties pay for it? the risk is too much for the financier. he would rather recoup his money as quickly as possible instead of waiting for 10 years.[/s]

chigoizie7:
Ok


[s]But, how feasible is that?

I mean, housing businesses in nigeria are virtually run by private enterprises,

The last time I checked, from number of registered voters as @ 2011, lagosians are above 10million or there about. (18yrs is legal for eligible voters, 2011 to now is 5yrs added to 18 which will be 23 and @ 23 most are graduates and are eligible to get their own apartments).

Lagos state government does not have up to 1million houses in lagos.

So, how are they gonna achieve this?

Are they going to force the private sectors to follow their policies?

Are they going to start building now? Where is the money?

Maybe it will be a public, private partnership project, of which they are gonna need a financier, a bank to bank roll most of the project. Will the banks be able to dole out such funds @ this critical time of financial crunch?

Are they gonna be patient for 10yrs? Can they re-coup their funds?

Those are the things the govt will have to consider 1st b4 mounting podiums to spill what they can not achieve.


Housing scheme is one big capital intensive project and a long term investment.


Can the state survive it now?


Best bet, create a conducive environment, allow private investors, but make a policy to help reduce the rent.


But this 10yrs housing scheme? Hmm. I don't think it is feasible.

Let's assume u bought a plot of land for 2million and den build with 5million, that is 7million all together.

5% of 7million is 350k, leaving a balance of 6.65million, spilt that into 10yrs, u will have a minimum of 665k per anum. Excluding the interest rates and profits after investment. Which low income earner can afford 665k per annum? Best bet a FG worker with level 8 earns 100k per month, and then he will churn out 665k from his/her 1.2mill per annum take home for just rents alone? Mbanu!!!!

Let's forget about people who ear 50k and so on[/s]

OsusuMustFlow:
Who go talk say him mama soup no sweet?

ckmayoca:
Bros u r right. Anyone killed by fulani without a fight back will be punished again by God in heaven.
If you can't defend ursef then stop complaining like kids.
Get machetes, get guns, get acid and defend ur wife n children. Imagin few ppl attacking a communities of larger youth number.

TheFreeOne:
Dangote / other established coys seems to be getting the larger chunk of available forex but i hope SMEs and others into essential imports are getting their fair share too cos those are the bedrock of any economy.

The president also directed the agriculture minister “to ensure that all the able-bodied men and women in IDP camps be assisted to return to farming immediately.”

Babacele:
herdsmen can only go rogue in areas whr community leaders have collected ' bribe' from them n their folks -poor local farmers - ain't playing to script...

Babacele:
I swear Fulani herdsmen issue are consequences of bad socioagricutural policies rogue government left us with. n recently PDP 's inordinate ambition of distracting our hungry gazes from d real deal by engaging us in their deliberately fuelled intertribal wars especially in d middle Belt in d last 1 decade.
What does a Fulani who doesnt care about social amenities want if not green grasses for the love of his life - cattle?
Modern agriculture can solve that in no time.

Reyginus:
A feeling? I don't have a feeling you are not answering my questions but I know you are not answering them.

Reyginus:
^^^And don't explain things like this:


Do you how many Nigerians killed by Fulani herdmen?


If your livestock is destroyed what will you eat?


You see, this sort of explanations are emotional and not rational. Now, go on.

Reyginus:
...^^^ To add to the above...When exactly should a vandal be shot at sight? Is it when he's doing the damage or before he does the damage? I can rephrase if you want.

Reyginus:
You didn't really answer my question. I'm not going to do your work for you. Let me rephrase. Is there any other crime or vice with effects, that is, lowering the value of human life, that is without this? Do you get me now? I can repeat myself.

Reyginus:
Op, your argument can easily pass for any other vice. Is it exclusive to the vandals?

LMFashions:
[s]All dat u've outlined are they altogether more than the life of a person? I mean a single person? How come u've never advocated for shoot at sight of the murderous monsters, the tse tse fly Fulani herdsmen who have taken it upon themselves to lay waste anyone on their path.

This ur double standard dey stink ooo[/s]

rozayx5:
[s]when i say you know nothing about Nigeria, you still keep making noise here.
Do you know that Nigeria's refineries are outdated?
Do you know voting new funds to fix them are a waste of time?
the Government is facing significant shortage of income why is your President blowing scarce resources junketing?
have you read what the Tanzanian President and that of Rwanda are doing without a kobo from oil and what real change sounds like?
and please when did Buhari start fixing the refineries? cause your minister is shouting up and down that he needs more money?
your paid to give excuses for this govt and in your mind you think you sound smart when your actually a village champion paid to sing praises to a blind leader[/s]

Chukzyfcb:
Why is this news? Both refineries have always been producing between 6-7million litre/day for years now. So what are we celebrating?
We consume 40million litres daily and our half dead refineries produce just 10-12million litres of pms and we shuld jump up & be happy? We can sha celebrate mediocrity!!!
We should celebrate when we can be able to refine enough pms to fill our 40million litres/day need #kapish

Pita99:
no I usually use to believe this administration but later they would always come and and deny it, not ones not twice I have lost count , so is not my fault if I stop believing in them

rottennaija:
It's good to be back again after about 3 days of ban. Please,any mod that feels uneasy with my comment should stop reading them.

Back to business of the evening.

I like the part that says “ What we have done is to find a very creative way of bringing investors who will come in, work with our team here who have the skills, reactivate and upgrade facilities in these refineries’’, the minister disclosed.
According to him, the investors will also help us to provide technical support and they will be paid through the flow out of refined products over a period of time which is why we have also changed the refining model such that refineries pay for their crude so it goes into federation account.
He explained that whatever they produce is theirs and they sell to one huge customer which will be both Nigerian Petroleum Marketing Company (NPMC) and the marketers themselves and that enables them to keep the refineries going after the upgrade so that the problem we have in the past of not repairing the refineries will not reoccur."

Me like . . . Kachikwu is working!

modath:


This thread is going to hell though cos our people's thought about pipeline vandalism is purely from the POV of either "the violent taketh it by force" or "punishing the government" which are both flawed arguments....

Ideology based struggle is one that is well thought out & will only achieve its desired objective, if ALL have altruistic reasons.

I know for a fact IOCs do the barest minimum for indigenous communities (Jobs, Scholarships, Contracts) , should be doing way way more but some have constituted themselves to kingpins!!


Few warlords drain the most & only allow but a trickle to flow down the pipe.. (Pun intended)


Fulani herdsmen menace & illegal miners are a different set of problems!!!