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BlakkBoi's Posts

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RomanceRe: Nigerian Lady Gets Epic Rebuke From Friends Over Facebook Post Shaming Newly-wed by BlakkBoi(m): 5:36pm On Jun 03, 2016
Where is lalasticlala and other mods when you need them?.

This chi girl needs front page shaming for her silly post.
PoliticsBuhari 'blackmails' Judges To Bend The Law - The Whistler by BlakkBoi(op): 10:32pm On Mar 10, 2016
There are indications that President Muhammadu Buhari’s regime is putting undue pressure on judges to bend the rule in anti-corruption and terrorism related cases especially as it relates to the agitators of the Indigenous People of Biafra (IPOB).
The Whistler learnt from a highly placed judicial official that the investigation of judges by the Department of State Security (DSS) and Economic and Financial Crimes Commission (EFCC) was to find ‘evidence’ to use in blackmailing the judges handling corruption and terrorism cases to do the bidding of the president.

It would be recalled that in January, President Buhari while on a visit to Ethiopia for an Africa Union Summit, accused the judiciary of being his greatest worry in the anti-corruption war.

In a meeting with the Nigerian community in Addis Ababa, Buhari said: “On the fight against corruption vis-à-vis the judiciary, Nigerians will be right to say that is my main headache for now.

“If you reflect on what I went through for twelve years when I wanted to be the president, I attempted three times.

“At the fourth attempt, through God and the use of technology, it was possible for Nigerians to elect an APC candidate as president.

“In my first attempt in 2003, I ended up at the Supreme Court and for 13 months I was in court.

“The second attempt in 2007, I was in court close to 20 months, and in 2011, my third attempt, I was also in court for nine months.

“All these cases went up to the Supreme Court until the fourth time in 2015, when God agreed that I will be President of Nigeria,’’

The source stressed that the trial of Mr. Ricky Tarfa and Dr. Joseph Nwobike, both Senior Advocates of Nigeria, was part of the grand design by hawks of the administration to force the hands of judge from respecting the fundamental human rights of accused persons which says they are innocent until proven guilty.

“I can tell you that judges are in for a rude shock as the Buhari government has gone all out to ensure that they do his bidding, whether it is according to the law or not.

Source: http://thewhistler.ng/story/buhari-blackmails-judges-to-bend-the-law
PoliticsRe: Sen Sani Frowns At Buhari’s Use Of DSS To Intimidate Opposition by BlakkBoi(op): 6:06pm On Mar 09, 2016
kingbasil:
Wailers are on the increase daily... with this high rate of conversion, we would wake up on a very good morning to discover that naija is now a wailing country...
Lol. Don't be surprised that we have so many closet wailers in high places.
PoliticsSen Sani Frowns At Buhari’s Use Of DSS To Intimidate Opposition by BlakkBoi(op): 5:55pm On Mar 09, 2016
The senator representing Kaduna Central District on the platform of All Progressives Congress (APC), Shehu Sani, on Wednesday, faulted President Muhammadu Buhari over his recurrent use of security agencies to intimidate members of the Peoples Democratic Party (PDP).
You will recall that few days ago, operatives of the Department of State Services (DSS), raided the Ekiti House of Assembly and arrested four of its members.

The speaker of the assembly, Kola Oluwawole, had described the incident as “the clandestine plot by the President Muhammadu Buhari-led All Progressives Congress (APC) federal government to destabilise the Ekiti state government”.

You will also recall that not less than 6 months ago, operatives of the DSS, headed by Lawan Daura, had invaded the Government House of Akwa-Ibom and ransacked the entire Government House.

In a swift reaction to the Akwa Ibom raid, the PDP in a statement signed by its Deputy National Chairman, Uche Secondus, had said that the Buhari- led government was planning to take over all the states controlled by PDP by force.

He said, “This nation belongs to all, to both PDP and APC a situation where consistently, the DSS has assaulted states controlled by PDP, the international community should be aware of what is going on. Is this democracy? Is this how PDP ruled in 16 years? Enough is enough.”

However, following the latest raid, senator Sani, who is also the Vice Chairman, Senate Committee on Foreign Affairs, Shehu Sani, via his twitter handle condemned the actions of the APC government.

Sani said, “The use of security agencies to invade state assemblies is unacceptable under any guise; this reflects my position and that of the senate.”

http://thewhistler.ng/story/sen-sani-frowns-at-buhari-s-use-of-dss-to-intimidate-opposition
PoliticsRe: Akpabio Refuses To Apologise To Goje In The Senate Over Comment by BlakkBoi(m): 1:41pm On Jan 28, 2016
Since Buhari traveled to Eritrea, PDP have become unruly, getting favorable judgments and insulting a failed governor.
PoliticsRe: A Nigerian Berates The Hypocritical Disposition Of Some Nigerians Towards Buhari by BlakkBoi(op): 2:01pm On Dec 22, 2015
Ethnicity. The bane of Nigerians.
PoliticsA Nigerian Berates The Hypocritical Disposition Of Some Nigerians Towards Buhari by BlakkBoi(op): 7:47pm On Dec 21, 2015
A Facebook user Mustafa Yahaya shared his views on THE WHISTLER, and berated the hypocritical disposition of some Nigerians towards Buhari's administration with the title: IS IT BECAUSE IT IS BUHARI?

I marvel at the way and manner we think in this country, worst of it the way we think in the north.

It is just a few months ago that we all continually lambasted president Jonathan's cluelessness, I referred to him as the "drunken master of Otuoke", and nobody harassed me, and now because they fear the power of the media that brought them to power they want to castrate the social media, with Buhari firing the first shot in an interview with Sahara reporters' Adeola in New York, why, is it because it is Buhari?.
We demonstrated against pump price increment for petrol, government of president Buhari wants us to swallow the same pill we rejected a few months ago, yet some of my northern compatriots see nothing wrong with that, is it because it is Buhari?.

When three sons of Sheik Zakzaky were murdered during the Jonathan administration, El-Rufa'i called it genocide by the jonathanian army, now under Buhari more than 200 are killed, their mosque and houses destroyed under Elrufai's nose as Governor of the same state, he has not called it genocide by the Buharian army, is it because it is Buhari?.

Under the Jonathan administration subsidy payments were termed as fraud, and there were hues and cries to crucify oil marketers, Buhari even called it a fraud himself, we also thought so, Six months later the same Buhari is paying for subsidy yet nobody is calling it a fraud, why, is it because it is Buhari?.

We criticized Jonathan for keeping a large fleet in the presidential fleet and wasting monies on maintenance, only recently President Buhari's spokesman admitted 2 billion Naira was spent on their maintenance, when other presidents are even doing away with their jets, yet we sit down and watch helplessly, is it because it Buhari?.

Fuel scarcity is biting harder, value of the Naira is going rock bottom, inflation is now on auto pilot, while profits are dropping, purchasing powers are becoming weaker, yet we are asked not to query them, is it because it is Buhari?

If we criticized Jonathan for cluelessness, we will also criticize Buhari for helplessness.

While tribal and regional jingoist see nothing because it is Buhari, what I see first is Nigeria and not whether Jonathan is a southerner or Buhari is a Northerner, we. Cannot continue to be trapped in the closet of tribalism, regionalism and religious bigotry yet expect our country to remain one and grow.

Yes! we might be of different orientation and background but what is good is good any where any time and what is bad is bad, I cannot be suffering and keep smiling because "my brother" is the president.
Source: http://thewhistler.ng/story/is-it-because-it-is-buhari-opinion-by-mustafa-yahaya
Source: http://thewhistler.ng/story/is-it-because-it-is-buhari-opinion-by-mustafa-yahaya



lalasticlala come see opinion.
PoliticsRe: Aisha Jumai Alhassan And Osinbajo Meet In Taraba State Today by BlakkBoi(m): 5:31pm On Nov 14, 2015
jaykaylegend:
woman, she is the governor until the appeal court and maybe supreme court says she is not...
Ishaku is only there till the court of appeal gives it stand...
And when was she sworn in again ?
RomanceRe: Is It Possible To Be In Love And Still Cheat On Your Spouse? by BlakkBoi(m): 10:47am On Sep 16, 2015
That a man loves a girl madly deeply doesn't stop him from cheating on her. It's in our DNA to cheat.

Getting married to my beautiful and wonderful girlfriend who lives in a far away city. I still buy abuja market every now and then, yet she's my everything.

We just can't explain it. Yet we won't accept a cheating girlfriend or wife.

Maybe that's how God made it. Created us and accorded us those privileges.
PoliticsRe: Wife Of Boko Haram Commander Makes Shocking Revelation About Chibok Girls by BlakkBoi(m): 9:21am On Sep 14, 2015
Now and oby and her fellow pretenders can go and and rest so that our wonderful father/president can focus on change
PoliticsWe Are No Longer In Military Era, Abdulsalami Peace Committee Tells Buhari by BlakkBoi(op): 5:04pm On Aug 11, 2015
The National Peace Committee for the 2015 General Elections headed by former Head of State General Abdusalami Abubakar (rtd) says it is concerned about the process of the anti-corruption war of President Muhammadu Buhari's administration.

The committee today met behind closed doors with the President Buhari at the Aso Rock Presidential Villa in Abuja.

Addressing State House journalists later, a member of the committee, Bishop of Sokoto Diocese Hassan Kukah said the position of the committee was that Nigeria was no longer in a military regime.

It is recalled that the committee had mid-wifed the signing of the peace accord between Buhari and his predecessor, Goodluck Ebele Jonathan ahead of the March 28 presidential election.

The committee met with President Buhari Yesterday barely five days after Jonathan had paid a secret visit to the president at his official residence in Aso Rock Villa.

President Buhari's government had persistently insisted on recovering all the billions of funds said to have been stolen under the administration of Jonathan.

Kukah, while speaking to journalists on Abdulsalami's behalf after yesterday's meeting with Buhari, said the committee believed in the provision of the existing laws that everybody is innocent until proven guilty.

The clergyman was responding to a question on the view of the committee about Buhari's administration's stance on corruption.

Kukah, who affirmed that President Buhari's anti-corruption war was not heating up the polity, stressed that the committee's current efforts was to ensure that the right thing was done.

He said the committee was at the Villa to update President Buhari about "the relevance of the peace committee itself and how we can help to nurture what God has given to us".

He also disclosed that in its recent conversation with Jonathan and political parties' members, the committee realised that nobody was in favour of corruption or against Buhari's commitment to fighting it.

"It (Buhari's anti-graft war) is not heating up the polity. In our conversation with former President Jonathan and members of the parties, I don't think any Nigerian is in favour of corruption or is against the president's commitment to ensuring that we turn over a new leaf.

"I think what we are concerned about is process. It is no longer a military regime, and under our existing laws, everybody is innocent until proven guilty.

"Again, our own commitment is not to intimidate or fight anybody. The former president's commitment and what he did still remains spectacular, and I think that President Buhari himself appreciates that. So, our effort really is to make sure that the right thing is done", he said.

Kukah dismissed the reports that Jonathan sought the committee's intervention on the ongoing probe of his government.

He said: "Anybody is free to come to our committee, but former President Jonathan never, by telephone or another means, talked to the committee. We went to see him, but that was after we had already seen members of the political parties, members of the civil society. We planned to see the speaker because we couldn't see him yesterday (Monday).

"This is a very planned series of intervention essentially just to hear out everybody, and I think the good news is that Nigerians are committed to a new nation, they are committed to ensuring that the gains and blessings God has given us come to fruition".

Asked why the committee's intervention had become so necessary, Kukah said: "This is not an intervention, it is not a hearing out process. When we had the election, it was like a wedding. Now, the reality of government is now the marriage and people need to be encouraged. We need to reaffirm that this is our country and the only thing we can collectively be opposed to is injustice, iniquity, corruption and in that regard, we all had one single conversation".

Kukah also stated that Buhari had reaffirmed the need to retain the committee which, according to him (Kukah), is not policing, but helps to build confidence whenever the need arises.

"The president has also reaffirmed the need for this committee to continue, and the international committee has very much welcomed the contributions of the committee. Essentially we are not policing, but when the need arises, help to build confidence and in the process", he said.

Members of the committee who attended the meeting alongside Abdulsalami, included the Sultan of Sokoto, Alhaji Muhammadu Sa'Ad Abubakar III and the President of the Christian Association of Nigeria (CAN), Pastor Ayo Oritsejafor.

Others were the Primate of the Church of Nigeria, Anglican Communion, Most Rev. Nicholas Okoh; the Catholic Archbishop of Abuja, Cardinal John Onaiyekan; former President of the Nigerian Bar Association Mrs. Priscilla Kuye and Senator Ben Obi.

Our correspondent reports that the national chairman of the All Progressives Congress (APC), Chief John Odigie-Oyegun, was also at the meeting.
http://www.dailytrust.com.ng/news/news/abdulsalami-peace-committee-meets-buhari/105860.html
CrimeRe: Woman Bites Off Employee’s Ear Over Salary In Lagos (photo) by BlakkBoi(m): 1:48pm On May 05, 2015
Seriously?.

The report fell short of the entire facts.
HealthRe: Lamentations Of A Glasses/contact Lens User by BlakkBoi(m): 6:26pm On May 03, 2015
My glasses is a turn on.

I get more attention from ladies since I decided to dump corrective inefficient drugs for glasses.

Glasses makes you look more responsible and cool.
PoliticsRe: IMO 2015-Uche Nwosu Wins Apc Governorship Ticket In Imo State. by BlakkBoi(m): 5:26pm On Dec 10, 2014
His son in law is merely holding the ticket on his behalf should the fallout of the APC primary be unfavourable. Rochas remains the APC's governorship candidate for 2015.
RomanceRe: Nigerian Girls Love Guys With Sense Of Humour by BlakkBoi(m): 11:08pm On Jul 30, 2013
Before you go trying to be funny. Make sure you got at least 200k in your account, that's what makes you fun.
FamilyRe: Wife Storms Church, Scatters Husband's Wedding To Another Lady (Pictures) by BlakkBoi(m): 2:19pm On Apr 15, 2013
This man needs to join Ogboni Confraternity.
CelebritiesRe: I-Go-Dye Buys Escalade And Range-Rover-Evogue Worth N38M by BlakkBoi(m): 8:31pm On Aug 28, 2012
This man needs more flesh than these cars. I hope he truly bought the evogue tho. That's an expensive car.
Christianity EtcRe: Your Thoughts On This Sticker Of Bishop Oyedepo? Blasphemy by BlakkBoi(m): 8:25pm On Aug 28, 2012
Poverty is not our problem in this country but ignorance. Who is David Oyedepo again?
BusinessA Fresh Perspective To Customer Service: Your Business Most Valuable Asset by BlakkBoi(op): 9:50am On Jul 04, 2012
In the past, you could maintain a double standard and do well: calling your customers your most important asset in one breath and talk about pushing them off the wall the next. Those days are long gone. Not every entrepreneur these days lacks sincere motives towards customers and clients but the double standards do exist in the business environment.

Complacency is the most common enemy to success in business. Complacency is just the opposite of unfriendly sales tactics, but it is as destructive. We have gone into a business place and were attended to by a complacent sales person. By the time we leave the place, we are agitated if not extremely gutted. We want quality service, just like everyone elese does, and when we don't get it, we tend not to go back. But even conscientious service is not enough in modern times to motivate customers/clients loyalty. Someone is always waiting for your service to fail so they can add your buyer to their customer list: most typically offering greater variety and lower prices than you.

Imagine how a company that lost 5% of it's product in one year would react. Management would freak out and hold emergency meetings to know whose head will roll. This kind of circumstance would be seen as a crisis.Yet same company might lose 10% of it's customers and may not even know it. Many don't even know who their customers are, much less how long they have been around with them. Managers, owners and CEO's can be as complacent as staffs and employees.READ MORE http://www.instapy.com/2012/07/04/clients-and-customers-your-business-most-valuable-asset-a-new-perspective-to-customer-service/
WebmastersRe: Please Help Me Review This Site - Instapy.com And Leave A Feedback by BlakkBoi(op): 10:17pm On Jul 03, 2012
cnario: Hi,

Just checked out your site right now on my mobile, and I think its great. I love the direction you're taking this project, more grease to your elbow. I'll still view it on a desktop to see how it works, but I'm already impressed with the mobile version. Will definitely keep an eye on this one.

Cheers!
Thank you very much. I am so glad you like it.
WebmastersPlease Help Me Review This Site - Instapy.com And Leave A Feedback by BlakkBoi(op): 2:59pm On Jul 02, 2012
Hi Gurus.

I have just started up this site http://instapy.com and would like to get your valuable opinion to help me improve. It's A Technology, Business, Social Media and local news-blog. I have posted some really great articles too. Although I am currently working on few functionality to improve user experience by allowing users submit articles as guest writers, user-review system etc. On the long-run, authors will be paid to write on a wide variety of niche topics, mostly business related that will be valuable to entrepreneurs and small/medium scale businesses.

Please kindly go through it and leave me with your comments, suggestions and criticism. If you find any of the articles interesting, kindly share with the world.

You may use a feedback widget floating by the right hand corner to leave your feedback. I look forward to your responses.


The website is http://instapy.com


Thank you very much.
BusinessMUST READ: How To Achieve Success In Life & Business (new Paradigm For Success) by BlakkBoi(op): 6:58pm On Jun 27, 2012
Aside being an entrepreneur or business manager. The idealistic part of our crude socialization of "being ahead" is based on unfriendly terminologies, starting with the most common of all, "beating the competition". While you are focused on fighting the competition, you have not been gaining grounds but losing it. Does this make you wonder where you will be in the foreseeable future since the competition is obviously growing and getting more aggressive?.

Additionally, your cost of doing business is and has been rising. Owing to the fact that more of your productive resources are expended on fighting the competition. Getting new clients and customers is costing more as the price of advertising increases in direct contrast to the ineffective result of advertising. Lifetime value gradually erodes and the commoditization of everything will put your business not only in a precarious position, but in some instances a losing one.

These are the stark realities in the ever-changing marketplace that quickly come into focus when we take a bird's-eye view of how business is going for the entrepreneur and business manager these days....

Read More.. http://www.instapy.com/2012/06/27/how-to-achieve-success-in-life-and-business-part-2-new-paradigm-for-success/
BusinessHow To Attain Success In Life And Business : Part 1 (rethink Your World) by BlakkBoi(op): 7:48pm On Jun 21, 2012
As an aggressive entrepreneur, my ambitions were geared towards financial success and attaining my life goals. I have been guilty of blind ambition. I wanted to excel, spread my wings and "live the fabulous life". I was willing to work hard towards my goals through my entrepreneurial plans. Then I came to a point where I began to consistently feel like a failure, and something was missing. Upon my persistent struggles and focus, the feeling of being aloof from myself became a permanent friend.

If you have ever felt like - You are not as happy as you'd like to be, you are not celebrating life, but just kept being challenged by it. Then you are not alone. It doesn't matter if you are starting up, an established entrepreneur, owner or top executive of a company, I you are an employee, staff member or the newest salesperson just coming on board, the chances are that you, more often than not, spend a lot of your life feeling far more lost than found[..]

READ: http://www.instapy.com/2012/06/21/how-to-achieve-succeed-in-life-and-business-part-1/
PoliticsRe: Is El-rufai Behind The Zaria Church Bombing? by BlakkBoi(m): 10:57pm On Jun 19, 2012
I don't want to accuse the pathetic talkative of anything. I just wish he could just tell Nigerians where he purchased the bombs.
PoliticsRe: Kaduna Is Back To 24hours Curfew by BlakkBoi(m): 2:17pm On Jun 19, 2012
Ekans: Its getting really crazy in this country.Where is the man we elected president?
Waiting for us to de-elect him in 2015. Goodluck Jonathan has become synonymous with incompetence.
PoliticsRe: Kaduna On Fire Again. by BlakkBoi(m): 2:13pm On Jun 19, 2012
This man from Otuoke said he had no shoes, Today he walks on 160 million people. I just pray there will still be elements of life remaining in the Northern part of the country till 2015 when we shall remove the crown from the unfit head. We were fooled to think Goodluck Jonathan is just like the rest of us: sensitive to the suffering, hardship and social unfairness going on in our country, only to be greeted with his arrogant show of supremacy. He is neither interested in our suffering nor opinion. Today the joke is on us as not-being-so-smart to know that our judgment was based on a poorly conceived premise.

Jonathan is only interested in deep politicking, he reads about the bombs going off in the news and don't know what it feels like to be a victim or caught in-between the silly politically motivated war boko haram declared on innocent citizens. He probably haven't heard an explosive go off in his life. He needs a bomb set off near his bedroom just for reality check sake, I am confident that he will become fully aware of how dire the situation is.

My people say that when a man who never knew he was going to be king becomes a king, he pays no attention to how his royal beads should be worn.

Truly power corrupts!, and when executive power is given to a self-confessed not-so-smart guy from Otuoke village, it corrupts him absolutely.

May God help us.
BusinessEntrepreneurship: Building A Viable Business Value In A Competetive Market by BlakkBoi(op): 6:39pm On Jun 18, 2012
Most business owners, consultants and entrepreneurs don't understand business value and how it will become a formidable tool in making their business efficient, competitive, valuable and appealing to their client/customer base. Here's how building a viable business value in a competitive market can help your small/medium business.

Excerpts:

In today's competitive business environment, large and small businesses alike increasingly find ways to make their investments demonstrate business value through measurable results.
IT professionals, business managers as well as consultants are saddled with the responsibility of finding important strategies businesses can establish to help manage it's operation going into the future. This entails but not limited to creation of an IT (Information Technology) business Value Program to execute systematic Customer / Client oriented approaches to determine the business value for any investment an organization may make.

The primary concern is the collection of methodology, processes and metrics of how the desired business value programs will be established; measured; maintained; and governed; providing a blueprint for evaluating business investments and equipping you with the tools required for success.

While the desired result of building a viable business value will not happen overnight, it serves to instill a belief that a business can and will create a competitive advantage and increase value not just by having a near-perfect business model but fairly through deploying the right information technology strategy through linking IT to corporate objectives and focusing all efforts on the requirements of the end user.
Whether you are a business owner, entrepreneur, manager or consultant, look for actionable insights and develop a business value framework that will not only make your business compete today but also prepare it for the unforeseeable future with some guarantees.

Key business values required by any organization or business irrespective of size can be categorized into physical, organizational, and psychological values.

Physical Business Value Comprises:

Responsiveness: The way people, the organization and every other comprising component react to a need coming from within and outside.

Reliability: The way established system or persons consistently produce the same results.

Accuracy: The precision, exactness, and conforming to fact in details of work.

Maximum Utilization of Resources: The desire and ability of the business to improve its performance by full utilization of its current resources (i.e. as time, money, equipment, materials, space, people, etc.).

Read More: http://www.instapy.com/2012/06/18/building-a-viable-business-value-in-a-competetive-market/
PoliticsPrinciples Of Giving And Taking Bribes For Dummies (otedollars Pov) by BlakkBoi(op): 2:07pm On Jun 17, 2012
Femi Otedola (OteDollar) and Farouk Lawan (Farogue/FarCrook) has been the two dumbasses polluting my news for the past couple of days. I barely read anything useful without getting bothered by the tale of these two and how they abused the principles of bribery.

Otedollar on his part was a smarter bribe giver but my diminutive friend FarCrook overreached the ambit of his intelligence and somehow found himself wallowing in the stupiidity of his wisdom.

The police should stop wasting their energy on these two and probably recommend they read "GIVING AND TAKING BRIBES for DUMMIES".

Their action is repulsive to the principles and established norms of corrupt practices in Nigeria. Who in his right senses will visit someone to collect bribe in the guise of exposing such person?. I just feel sorry for the innocent money used in this shameful transaction, I wish money have rights and could sue.

The $620,000 bribe money will be weeping wherever Lawan has hidden it, and may rather wish to be declared missing rather than handed over to the police for further character assassination and embarrassment.

If Lawan who is perceived to be one of the few politicians with integrity of some sort can engage in a shameful act with a notorious Lagos businessman, who then is worthy to be ascribed with such terms as "man-of-integrity"?.

Dummies should abstain from giving and taking bribes, and save us from further occurrence of this kind of shameful scenario. Short people aren't naturally supposed to be successful thieves in my opinion.

Problem dey my broda.
PropertiesAbuja Real Estate Madness: Price Tag Is Everything, Value Is Worthless by BlakkBoi(op): 7:28pm On May 27, 2012
The biizzare cost of acquiring a landed property in the Capital city of Nigeria, Abuja is worrisome. People (politicians) have made a mess of the concept of value in determining the prices of properties in the nations capital.

Before we jump into conclusions that forces of demand and supply is the culprit, let me quickly add that, value is generally intrinsic in nature and not a function of subjective judgements.

I don't know whether to describe Abuja real estate as booming or about to plummet into chaos. Couple of days ago, I overheard somebody talking about an empty land measuring about 2,500 square metres in Maitama district acquired by someone (possibly a politician) for a whooping sum of 600, 000, 000.00 ( Six Hundred Million Naira ). Who in his right senses can justify that the price paid for this piece of land is commensurate to the value?. We are talking about $4, 000, 000.00 ( Four Million Dollars) here.

I remember back in 2007 when it was reported that an artist named Curtis Jackson popularly known by his stage name 50 Cent acquired a mansion in Connecticut from a legendary boxer Mike Tyson for $4,100,000, originally purchased by the latter for $2,700,000.
The property in question has 52 rooms and sits on 17 acres of land. It also has a pond, a pond house, 25 bathrooms, 20 bedrooms, a media room, movie theater, 2 basketball courts (indoor and outdoor), a club, a gym and everything you would wish to see in a tastefully furnished modern mansion. Now, if such luxurious property in America is worth a hiked sum of $4,100,000 in 2007, Why would a 2500 square metre of an ordinary piece of land in a developing country like Nigeria with all the troubles worth 600,000,000 Naira ?. An approximate equivalent of $4,000,000?.



50 Cent's Connecticut Mansion

According to this ugly trend. Buying a choice property in Maitama and Asokoro area of Abuja costs 8 times as much as you can get something better anywhere in the world. Although, I am happy for owners looking to make fortunes off their properties but what about buyers that are not politicians interested in buying into such properties ?. And if properties are sold for such stupid amount today, in 10 years the same piece of land would be worth a billion Naira without a commensurate increase in the income of ordinary Nigerians who are supposed to be the potential buyers.

Even though we may argue to be living in modern time, this trend is purely insulting to the subjective theory of value which see value in terms of an object being useful in satisfying human wants and limited in supply but not without recourse to the intrinsic/real value of such object. Paying for something you obviously want at a ridiculous price is abusive, senseless and retrogressive.

But the question of value poses itself when the most tangible object such as land become the subject of exchange. We live in a time when few corners of life remain untouched by the possibility or actuality of exchange.

To get a decent place to live in the city is almost not possible for low and middle income earners.

The outrageous amounts paid for these properties shows that we live in a broken society. Value has become worthless in our eyes, all we talk is price tag.

Read more on my blog and follow me http://www.instapy.com/2012/05/27/abuja-real-estate-madness-price-tag-and-no-value-tag-is-everything/

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