QuestionMan016: Who will rent it? In this area many single people are looking for bedsitter,so that's why we targeting them.we know prospective tenants.
Anyway,thanks for your advice.
OK I think you should sell the land and invest in high rent yielding areas cos if you want to invest in the Biz of renting you gotta aim high the reason I say this is simple, House cost same amount to build, its the Location that is different in price, meaning a 2 bed in Lekki is going to cost same to build as a 2 bed in Ondo village.
highchief1: everybody is not poor like u bro.I can’t remember the last time I traveled on Nigerian roads.
bros nor be say I dey boast the 4 tyres in my car will buy your full car.I have gone fru your profile on NAiraland Peoople like you who call people poor are Por in reality even to rational thinking. If we check now U nor get up to N10million in your account and you dey here dey rake and make mouth please like I said go back to your SHOP
SO you are telling us you have never travelled the roads B4, its now that you are minister you are shedding tears, my friend go and sit down< stop talking an crack on with the JOB
slam7000: Kanayo O Kanayo was actually in Things Fall Apart. He was one of the villagers in the crowd clapping and cheering during one of the wrestling matches.
And you think he would not have added that one to this bragerbilities ahahah
patorial: Please I'm getting confused, what's the difference between home video, Nollywood and cinema?
I have been hearing these since time a child.
Nollywood started with home video ie video cassette. Cinema is going to the cinema to watch a movie in the old days, those movies where not available on VHS to private homes then. We could only watch things fall apart on NTA back the however living in bondage was amongst the 1st movies you could buy or rent on VHS, hope this helps.
He is right, but how does this shitty story bear any meaning, even Okonkwo himself already said this in an interview that he joined Nollywood late after his initial shot to stardom with things fall apart. Busy body if you ask me.
QuestionMan016: Good days nairalanders,this is a new account to hide my identity here,I'm an old popular member.
My elder brother already have 50/100 plot available in Benin city .In the community where he have the land they are several borrow pits to easily buy sand through tipper drivers. The plan is to build 4 room bedsitter, because here many people are building room and parlour self contained and many single tenants are looking for bedsitter to rent.Bedsitters even produces more rent than room and parlour self contained .
Once we get roughly estimation,we will start work because we want to finish before Christmas.
That four room each will have their own toilet combine with Bathroom and sink,we plan to use pvc ceiling and the basic aluminium not that expensive stone coated one oh.
Since my brother is not in Nigeria,he ask me to find out like how much it will cost us to build such.
Tell your brother he is beter off building a one bedroom flat. Its basic one large room as a living room, a small room as a bedroom, a lil hall way then you have your kitchen and bathrom+WC
saphiere: In a swift early morning operation today, the operatives of the Rapid Response Squad (RRS) successfully apprehended two individuals who were caught red-handed stealing fabricated metal drainage covers in the affluent area of Ikate, Lekki.
At approximately 5:00 a.m., RRS patrol units, while conducting routine surveillance along Freedom Way, noticed suspicious activity involving a mini-bus, commonly referred to as "korope," bearing the registration number KTU 45 YD. The occupants of the vehicle, later identified as Jubreel Haruna (29) and Adewale Rabiu (27), were seen loading the metal drainage covers into their vehicle.
The quick-thinking RRS operatives wasted no time in accosting the suspects, preventing them from making away with the valuable materials. The suspects were taken into custody without incident.
Following their arrest, both Jubreel Haruna and Adewale Rabiu were promptly charged and are now facing prosecution in accordance with the directives of Commander RRS, CSP Olayinka Egbeyemi. The charges filed against the suspects underline the seriousness with which the authorities are treating this case of attempted theft.
Metal drainage covers, often targeted by thieves due to their scrap value, pose a significant safety risk when removed from their designated locations. Such thefts can lead to accidents and damage to public infrastructure, underscoring the importance of the RRS's proactive efforts to curb this illegal activity.
Local residents and authorities have praised the Rapid Response Squad for their swift response and commitment to maintaining the security and integrity of the community. This incident serves as a reminder that law enforcement agencies remain vigilant in safeguarding public property and deterring criminal activity in the area.
Moving 4ward if you have one of these in front of your house built by you, secure it with a dead bolt, so that to remove it you will need an angle grinder.
armyofone: I'm puzzled why money poured in is very high compared to other countries. Why is it that many other African countries don't remit money like Nigerians ?
There are more Nigerians rich enough to travel, most of the other countries who fall into the bracket of economic migration cannot afford flight ticket. For example Congo
Longer time to travel as you now have to find a charging point to park along the highway. Worse at night as you ful headlight is on and you might need heating.
scoobyblogspot: My colleague resumed the office today complaining very bitterly, so we got talking. He said his elder sister got a property somewhere in Lagos, she stayed there with her husband for a while, had a talent before they both traveled out of the country. The other tenant also, relocated leaving the house empty; since nobody was now managing the property some hoodlums started breaking into the premises to steal properties bit by bit.
One of the hoodlums was caught and arrested, so my colleague’s brother went to the station as the bale was informed of this act. The police asked him some question which he detailed the them as he was standing in for his elder sister who was far away in London, so they took the criminal to the market where he sold those items, unfortunately know was recovered, the stolen items where valued at about N1,9MILLION naira.
The criminal was taken back to the station and apprehended, so my friends brother was asked to come on Saturday 23rd September for further action, he couldn’t make it to the station due to his work so he went to the station on 25th of September, the police arrested him collected his phones and locked him. Arrested and locked him for what? They didn’t say anything about it, only for the police to inform the family members that he needs to be granted bill with N150, 0000. Is this a joke? I’m so confused right now, how can you arrest someone who comes to report an issues and even want him to bail himself with naira.
AutoHubNG: The electric vehicle/car (EV) is a relatively new concept in the automotive industry. Although more and more companies have now based their entire model of cars around being proactively using electricity, it isn’t uncommon to find those that offer hybrid vehicles which work off both electricity and petrol. There are some that also use hydrogen as a power-source such as the award-winning Toyota Mirai.
An electric car such as the Tesla Model S Plaid (in the title graphic), is a great way for you to not only save money but also help contribute towards a healthy and stable environment. Cars produce a lot of carbon emissions that are ejected into our natural atmosphere, leaving us vulnerable to things like pollution and greenhouse gases. In order to positively help the environment we live in, an electric car is a great step forward.
Buying an electric car also enables you to receive government subsidies for being environmentally conscious. Although you may end up paying more for your vehicle, the positives greatly overshadow the negatives. These are the two sides to consider during the purchase of an electric vehicle.
EVs get their power from rechargeable batteries installed inside the car. These batteries are not only used to power the car but also used for the functioning of other parts of the car. Electric cars have more batteries than regular petrol/diesel engine cars. It’s the same kind of batteries that are commonly used when starting up an engine. The only difference comes in the fact that in electric vehicles, they have more of them which are used in powering up the entire vehicle.
Advantages of an Electric Car
An electric car can be a great way for you as a consumer to save a lot of money on fuel. However, there are so many different reasons why you should invest in an electric car in this modern-day age of technology. And with that, let’s take a look at some of them:
1. No fuel required
Electric cars are entirely charged by the electricity you provide, meaning you don’t need to buy any fuel ever again! Driving fuel-based cars can burn a hole in your pocket as prices of fuel have gone up to an all-time high (it’s even more painful for us that have crude oil, yet – paying through the nose for refined petroleum products).
An average car owner pays quite a lot to drive a fuel-powered vehicle, whereas many electric cars run on lesser amounts when all costs are factored in as electricity is largely less expensive than petrol. And if most people charge their cars in the garage installing a few solar panels, that price can get cut even further, offering savings on powering your entire home as well.
With electric cars, this cost of petrol each year can be avoided.
2. More convenient
An electric vehicle is easy to recharge, and the best part is you will no longer need to run to the fuel station to recharge your car before hitting the road! Even a normal household socket could be used for charging an electric car.
3. Savings
These cars can be fuelled for very low prices, and many new cars will offer great incentives for you to get money back from the government for going green. Electric cars can also be a great way to save money in your own life.
4. No emissions
The biggest advantage of an electric vehicle is its green credential. Electric cars are eco-friendly as they run on electrically powered engines. They do not emit toxic gases or smoke into the environment as it runs on a clean energy source. They are even better than hybrid cars as hybrids running partly on fuel produce emissions. You’ll be contributing to a healthy and green climate.
5. Popularity
EVs are growing in popularity. It is nearly three times as efficient as a car with an internal combustion engine, therefore – owning one offers a lot more ‘efficiency”. With popularity comes all new types of cars being put on the market that are unique, providing you with a wealth of choices moving forward.
6. Safe to drive
Electric cars undergo the same fitness and procedures test as other fuel-powered cars. An electric car is safer to use, given their lower centre of gravity, which makes them much more stable on the road in case of a collision.
In case an accident occurs, one can expect airbags to open up, and electricity supply cut from the battery.
This can protect you and other passengers in the car from serious injuries. They are even less likely to explode in the absence of any combustible fuel or gas. Albeit we’ll need a different method to put out fires from EVs due to cell arrangement as it can still get hot, leading to another fire erupting days later as experienced with the few EVs that have been involved in crashes. Worthy of note.
7. Cost-effective
Earlier, owning an electric car would cost a bomb. But with more technological advancements, both cost and maintenance have gone down.
The mass production of batteries and available tax incentives further brought down the cost, thus, making it much more cost-effective to purchase and own one.
8. Low maintenance
Electric cars run on electrically powered engines, hence, there is no need to lubricate the engines, anything related to the combustion engine requires a ton of maintenance tasks that are usually associated with a petrol- or diesel-powered engine.
Other expensive engine work is a thing of the past when dealing with EVs. Therefore, the maintenance cost of these cars have come down substantially. You don’t need to send it to the service station as often as you do for a standard fuel-powered car.
9. Reduced noise pollution
Electric cars put a curb on noise pollution as they are much quieter. Electric motors are capable of providing a smooth drive with higher acceleration over longer distances. But as with all things in life, every solution creates more problems. The “lack” of noise has created its own special problem since pedestrians (who are now more distracted than they’ve ever been in history thanks to mobile phones and headsets) crossing can’t hear an oncoming EV leading the governments in these countries to enact new laws that require EVs to play sounds as they drive. Funny, isn’t it?
10. Battery life and cost
Batteries are an integral part of an electric vehicle. Most electric vehicle batteries are made up of lithium, and their costs are improving every year.
The full capacity of a lithium-ion battery cell should be good for 300 to 500 cycles. A good battery could last you up to ten years. And with improving technologies, the cost of these batteries is expected to come down even further.
11. Easy driving
In the world of automobiles, electric cars have the simplest driving method. Commercial electric cars come with a transmission comprising of only one really long gear, and also don’t suffer from the stalling problem as petrol cars do.
This effectively eliminates the need to add a clutch mechanism to prevent that from happening. Therefore, you can operate an electric car with just the accelerator pedal, brake pedal and steering wheel.
Another really useful feature is regenerative braking. In normal cars, the braking process is a total wastage of kinetic energy that gets released as frictional heat. However, in an electric vehicle, the same energy can be used to charge the batteries.
Considering the demand for oil will only be going up as the supplies run out, an electric car will most likely be the normal mode of transportation in the coming future. Companies like Tesla, Nissan and Hyundai offer great electric models with an outstanding number of benefits for people who decide to invest in them. You’ll be saving not only yourself but also your family a huge amount of money.
The environmental impact of an electric car is zero, meaning you’re reducing your carbon footprint and positively affecting the environment.
Although evidence of the positives have become very clear, there are also some downsides that each individual needs to consider before they decide to make an electric car their next big investment.
Disadvantages of an Electric Car include:
1. Recharge points
Electric recharging stations are still in the developmental stage. Not a lot of places you go to on a daily basis will have recharge stations for your vehicle, meaning that if you’re on a long trip or decide to visit family in a rural or suburban area and run out of charge, it may be harder to find a charging station. You might become stuck where you are.
However, until charging stations are more widespread, be sure to have a charging station installed where you live and where you so that you’re assured you’ll be able to charge your EV whenever you need to.
2. The initial investment is steep
As EVs are very new, you may be surprised when you take a look at the price for EVs. Even the more affordable brands can be quite expensive as its starting price. And if you’re looking for a luxury option, you’ll definitely be paying even more. Although technology is advancing and the price to produce electric cars continues to drop, you still have to pay slightly more for an EV than for a fuel-powered car.
3. Electricity isn’t free
Electric cars can also be a hassle on your energy bill if you’re not considering the options carefully. If you haven’t done your research into the electric car you want to purchase, then you may be making an unwise investment. We’ve all seen our people online tease the very few owners of Teslas’ in Naija that they’ll still have to turn on their diesel generators when they get home to charge their cars thereby defeating the entire aim of owning an EV.
Also, electric cars require a huge charge to function properly – which may reflect poorly on your electricity bill each month when you do use the services of an electricity provider. Which is why the best setup for now is to have your own source to derive electricity for charging of your EV(s), and there’s quite a plethora of alternatives that can be explored out there.
4. Short driving range and speed
Electric cars are limited by range and speed. Most of these cars have a limited range before they need to be recharged again. You just can’t use them for long journeys as of now, although it is expected to improve in the future. As matter of fact, from various surveys conducted in North America and in Europe – “Range Anxiety” as it has now been termed, is the biggest impediment to owning an EV for prospective buyers. However, as technology keeps on advancing, we’ll be sure to see improvements on all fronts.
5. Longer recharge time
While it only takes a couple of minutes to fuel your petrol-powered car, an electric car can take several hours to get fully charged. Therefore, you need dedicated power stations as the time taken to recharge them is quite long. Thus, the time investment and necessary planning puts some people off.
There are some specialised kits however, that can cut the charging time down. But again, that’s going to be an additional investment. So, consider that too. Also, as stated previously – with improvement in technology, the charging time will inevitably be cut short in future.
6. Silence as a disadvantage
Silence can be a bit disadvantage as people like to hear the noise if they are coming from behind them. An electric car is rather silent, and this can lead to accidents in some cases as mentioned before.
7. Battery replacement
Depending on the type and usage of battery, batteries of almost all electric cars are required to be changed every 3-10 years and this can be extremely costly when the time comes. As a matter of fact, a man from Finland was told an outrageous amount to change his Tesla batteries and out of anger he opted to purchase some dynamite then proceeded to blow the vehicle up! https://www.youtube.com/watch?v=vp0tGI1KUVU
8. Not suitable for cities facing shortage of power
As electric cars need the power to charge up, the cities (we all know of a certain supposedly overpopulated “modern” city at the heart of Western Africa *winks) that are already facing acute power shortages are not suitable for electric cars. And the consumption of more power would greatly hamper their daily power needs.
9. Lower amount of choices
The market today for electric cars is expanding, with no signs of slowing down. However, the truth is that there are still fewer options to customise and choose from when it comes to EV as at this moment.
At the same time, there exists a vast amount of customisation that is already available with traditional cars. This is likely to change over time, but for many people this is going to be a disadvantage.
10. Minimal amount of pollution
Electric vehicles are also not 100% emission-free; they cause a little amount of pollution indirectly. The batteries and electricity needed for charging are not necessarily generated from renewable energy sources. Don’t even get me started on the numerous problems the mining of Lithium Ore, Nickel and Cobalt, which are the major components of an EV’s battery – creates on a daily basis especially in countries like Congo where its far-reaching devastating effect is being felt, but little to none of the humongous EV wealth being generated is.
It is also worth noting that some governments do not provide any form of money saving initiative to encourage you to buy an electric car. And just because there is a variety of factors doesn’t mean they have to be overwhelming. Doing a fair bit of research into different models, and maybe even hybrids will help you make an accurate decision moving forward. Thanks for reading.
ufotunang: . But all the dollars and foreign currencies that have been sent to nigeria since all this while....why is forex still scare in nigeria.....a dollar is 1000 naira to a dollar, pounds ...is 1300 naira to a pound
That has got nothing to do with Nigeria, Economy as per the value of the Naira, they are simply just saing how much those of us Abroad inject into Nigeria in different shape or form, that value quoted is even not up to 60% of the value of remittance .they did not even mention goods and services.
tctrills: That's not how it works. So long as that money is converted to Naira, it's 100% forex.
So you who has sent Zero forex to 9ja is telling me who has been sending ££££ to Nigeria B4 the time of Internet and for the past 23 years how it works right? Look young man respect yourself!
stagger: He loved God so much...how? How does smoking weed and drinking and partying and entering into satanic covenants show you love God?
If you love Me, keep my commandments. That's what the bible says.
he who wishes to contest in Nigeria as president is not dinning with evil men in politics right? The song by portable comes to mind(Pastor no wan go heaven again ohhh)
legba1: The same Pastor Tunde Bakare that says God has ordained him to take iver from Buhari now forming saint and judge. Mr Jesus P.A, una weldone ooh
Covid cut his money so he was sourcing externally, but blind people in 9ja wont see this.
newnigerdelta00: ......why truth dey pain owner,if the pastor Truth pain you or mohbad death pain you then why not die for mohbad..cut your head put for mohbad grave if you truly love mohbad....
My prayer for people like you is this. One day you get to l ive in an environment where everyone is almost equal, all services work, no power interruption, you got running water 24/7/ there is little or no injustice towards you or your kids. You get paid if you work and also get paid if you don't have a job, Then you will have time to think properly and question certain decisions and words spoken by those who are meant to be the Moral and religious leaders of Nigeria.
todugo: How will we now develope the country, especially in the area of Human capital ? Who will now take care of urgent issues that needs professional skills in the service sectors of our economy ? Example: Medical professionals .
tctrills: It still amounts to forex no matter the exchange platform you use because at the end of the day, your foreign currency is exchanged for Naira.
ChybuzzDD: Don't generalize what you do as what everyone does.
Many of us directly send dollars to Nigeria, either directly into domicillary accounts or for pickup, and both are withdrawn as dollars by relatives.
This is for when you aint got the means, I think we have past that stage now, why go fru that stress, when you can send the money direct to your bank in local currency then disperse in small quantity to whom you need to send to, No drama, however if you send it in one lump sum and ask one person to disburse to multiple receivers nah there story go enter
Solsix: This will be a major source of forex to Nigeria and other African countries. If we don't have anything to export,let's export our professionals. They will always come back and invest
How? cos money gets sent direct to banks and the 3rd party retains the Forx abroad.
Jagabanarmy: It is the responsibility of each market board to ensure that they evacuate waste in the market by partnering with LAWMA. Most markets in Lagos constitute environmental nuisance as a result of leadership failure in the market. I support the shutdown so that other markets' leaders will sit up and do the needful
NAh I disagree, The markets are meant to have a designated area to discard rubbish and LAWMA is meant to go collect all the rubbish from that area.AS it stands the rubbish is outside the market so its LAWMA failing.