₦airaland Forum

sonnie10:
#20M will not build such house in today’s Nigeria. No bank would ever do 30years fixed interest mortgage in Nigeria. The country is not stable enough for such long term investment by the bank on a private residential property.
Moreover, mortgage interest rate is encouraging in the US but with double digit interest rate in Nigeria, the payment becomes something else.
However even with high interest rate, if banks were financing mortgage for ordinary people in Nigeria, that would have helped to get people stable financially through asset appreciation.
Imagine how much a house worth #10M last five years would be worth today in Nigeria.
With a steady income, one could hold a mortgage for a while and the sell to take profit. They don’t have to hold for 30 years.

Point of correction N20m will build you a 3 bedroom house I n Nigeria, its one unit not the whole block FYI as we speak there are still houses under £80k in the Uk as we speak. The mortgage comparison has nothing to do with Nigeria was just used as an illustration. Once again hand o n chest, I can tell you N20m will build you a house, the finishing might not be top-notch but it will I know this as I am an experimental builder as it is and my build is o ongoing bits by bits anytime I enter 9ja!
As for the mortgage, no one said 30 years in Nigeria rather 30 years in the US.You are talking about 30 years mortgage impossible in Nigeria, I recon you seem to forget how mortgages work.Even in the west, the vast majority of us do no pay up our mortgage, we just remortgage and harvest equity for a newer mortgage don't forget the bank can always take back their hows and re issue a new mortgage on such!so what have they got to lose?

Nice one, I am following

multikolour:
200,000 $ × 500 naira = 100 million naira.

Ask yourself how many people can make 100 million in 20 years in Nigeria.

A house of 20 million is not affordable housing not to talk of 100 million

your are missing the point, this is in the USA, so people who are on the middle class ie teachers and other civil servants in the USA can afford them houses, no Nigeria, if placed in the Nigerian context might have to be N15million or N20 million payable over 30 years

sgtponzihater1:
How many people can afford this 200k above house also?

these are the houses the average MAN livs in bro

Dennis3D:
Plastering with a difference.

Follow us up here...
https://www.nairaland.com/5955403/new-4-bedroom-duplex-swimming

What was the cost of labour in plastering this?

joyandfaith:
I will ban Google in Nigeria- Buhari

make him try am nahhhh

chillychill:
He who finds a wife, find a good thing.....


Congratulations n Happy married life... May God bless ur new home with happiness, peace and joy. Enjoy!

She who finds a husband nkooo? abegiiiiiii

cyrilamx:
Guy don't defend the indefensible. Gej enjoyed so much oil windfall during majority of his admin. He not only earned N51T naira from oil alone, but also depleted our foreign reserve from $43B to $27B. Despite his so much being credited with assembing the best technocrats. If Gej hadn't plummeted our FR, our economy could HV withstood the recession of 2015. Many Nigerians condemning PMB fail to understand that there is correlation btw ur foreign reserve and value of the naira. Whether we accept it or not PDP really looted Nigeria into economy doom. Now PMB is building infrastructures here and there despite paucity of funds, but he is the villain cos he refused to share money and give out juicy appointments to particular people.

Now with all this plenty grammar pls tell us what our external reserve is now, how much we now owe and the average price of oil I n two years running

Officialgarri:
When it comes to infrastructure, give it to this APC government.

Despite the oil price drop, the debts, economic crisis and all, there are toooooo many evident projects

Can we say same about a government who had oil at over $100 per barrel of oil? Yet today, all we hear Reno Omokiri saying is "we started it. We brought the idea"

Oil price did not drop, if for anything it went up than it has ever been, have a look again

iykecollins1:
Let me the first u call for all ur engines and gearboxes....save u the hassle by delivering it to ur doorstep..rest assures I got u covered with our welfare services...
*even though its tokunbo we still give u warranty,so u have nothing to worry..
*distance is not a barrier...we can send it to ur location
*lastly we given u the best prices for the best commodity...
Iyke..08137915757.mcisolutions019@gmail.com
Address.....aguiyi ironsi market...ladipo...mushin

how much do you sell the Engine for the 2003 Jeep liberty petrol 3ltr

Alimony55:
see below

so U know the result of a game that's going to take place 2morrow r right?

LagosismyHome:
Most of the Christmas work parties i have attended. Colleague have always gone with the intention to drink to stupid, part of that plan you always hear them say they take a taxi or uber in the end... risking DUI is so foolish

However if he didn't hit kill anybody then no sentence, probably just take his licence and he retest

He could have a jail term or suspended sentence,,if you have visited a jail in the Uk there are loads of people in there for drink driving! especially if U got previous!

OkanlawonB:
If he didnt cause anybody any bodily harm, he must not be jailed for the offence and this may not affect his DBS reord talkless being barred from working in the UK. The seizure of his drivers licence for sometime is inconvenient enough consequence.

Bro let me set the talk straight, U can go to jail for any criminal offence, do you agree?Driving under teh Influence is a criminal offence and you can go to jail.he has two offenses, 1Driving under the influence,2 dangerous Driving,He is looking for time anyhow you look at it.you are talking of ban on his license, he is going to lose it as a driving ban means above 9 points, Drink driving carries a maximum of 6 months in prison and an unlimited fine, now that he crashed and Dangerous driving is I included might be 1 year plus
4 ur reference
https://www.gov.uk/drink-driving-penalties

bolu1986:
plaster board more expensive

noted,have you seen them asbestos which are moulded like POP designs to do ceilings?

spyder880:
The process in pictures, the vegetable oil and the soap are first sprayed on the surface of the board before addition of the fillax and then the dissolved POP cement is spread and allowed to solidify, then the hardened board is then extracted as a white board.

4 this purpose would plaster board not do the job? or is this cost-effective than that?

wallg123:
U Absolutely right. It was suggested to him to use taxi and pick the car the next day. Him no agree.

he is defiantly going to prison as that's a custodial offence, he will now have a criminal record which makes working in the Uk nearly 000000

victorv12:
The engine was upgraded to 2010 and the gearbox was upgraded too as well. Thanks

Bro what did you put in the Engine to upgrade it to 2010?

fatima04:
Should we say this is village people at work or just a case of ayò cause am. Hope he didn't harm anyone though.

What money will cause sha

nah stupidity not money, cos with money he could afford Ubar!

sanmtiago:
Omo so you never kiss for twelve years?

You my friend, you are very wicked

bunto:
Ngozi Okonjo Iweala is a traitor!

An African leader that has sold her birth country to others for what she can gain.

All these comments above hailing her....
What has she EVER done for any of you before?
That's why Nigerians will always struggle with leadership, they are always choosing their leaders based on ethnicity, religion and personal preferences. Hardly ever on the basis of performance.

So it is Oyibo people that will determine the best leaders for Africa when they put them in charge of their own institutions?
You people don't think they are there to serve the white man's interest and not yours?

Black people and their fish brain.

you brain is full or petrol
did you read her history were it states she arrived in the USA as a teenager?

Glass123:
Good evening
Please who has done international certificate of good character check and UK DBS here
And how did you go about it?
It’s usually required for people going for masters in social work and some other teaching courses
Please help out!!
Thankyou.

nah office dem wan open 4 ur head be that, Int certificate of whaaat?

jesmond3945:
Hi Fam, what is the fastest and easiest way of getting part time jobs? I think online application is very slow.

Online is still the fastest, oh and registering with multiple Agencies plus word of mouth

Wisdommoses:
My mother goods was in this 911 and fell in Odukpani when bringing the goods to deliver to us,we had to go and transload the goods to another truck.
Omo na dangote truck going to Akampa na i enter with their poor road,the truck almost removed my intestine drop for ground.

That truck is garbage in the 1st instance, should not be on the road!

Inception:
Na man you be abeg @ erico2k2

About to start my second building but piss catch me for body when i realised current prices of building materials

Thank you, God will fast 4ward the 2ns build

prof2007:
https://punchng.com/spray-naira-notes-and-go-to-jail-cbn-tells-nigerians/

Dollars it is then!

OnionBandit:
Government with ballz

Big metal ballz

There must be a public apology from all of them at twitter. Jack by now will know better never to allow his platform be used as a playing ground for terrorists, nihilists, psychopaths, arsonists and bastards

ahaha, Real men admit their mistakes,

kirajustice:
https://politicsnigeria.com/breaking-twitter-banned-because-of-boko-haram-apc-reps-member-yunusa-ahmed/

And you knew it was twitter right? when there was a media blackout during the GEJ administration where you lot not the one who fought it to be reopened? you took the matter to court

Lexusgs430:
Talking from experience...... We wey dey barb ourselves for house nko......

House with street nor be same, U nor need to go barb ur hair in order to get info

wallg123:
Which street?. Peckham high street or Caledonian Road

The best answer as to what is street, would be found in one of them Nigerian babrber shop, or black barber shop, nah there word o n the street start from!

Officialgarri:
They can board the next flight and go back to their country.

We are in 2021 and will not tolerate Neo-colonialism especially under the governance of a man who has balls.
Don't come and dictate to us how to run our country. We do not need your help except when it comes to bilateral relations.

China isn't using google, WhatsApp, facebook, twitter in their country, yet there's no fuss about it. Nobody is accusing them of freedom of expression or whatever
Even Russia won't allow you use VPN to access all the banned sites, yet they are still existing and getting stronger.

But these westerners see us as a little child and wants to flex their power on us, yet some efulefus and flat headed idiots are being used to sustain their agenda.

They should worry less, we will treat them in the language they understand

For everything china banned, they provided replacement hence no outcry,
in our case what was the replacement? threat of arrest?