Paraman:
Obaseki has forgotten how shuaibu stood by him.

Obaseki has proven to be serial betrayer.

He did same to Oshiomole
He did same to Wike.

He betrayed APC
He bleeped PDP up.

His deputy who stood by him at the point of serious politicking is now feeling the heat.

They should do that already.

This will also generate more noises.

Nice. That Coach defensive mentality couple with some sluggish players cost us 2024 AFCON Tittle.

Overall, we still achieve some good results.

MT:


Your illustration is faulty.

That hypothetical property won't cost 10million naira, it would have been adjusted upward to reflect the reality on ground. So you might need more than 12,500USD to get the same property.

I'm actually expecting all these counters but I'm assuring you that the analysis up there is ideal.

I've been selling Estates to both home base and those abroad.

It's always nice to spread your treasures and real estate is one of the best options.

tete7000:


And you think value of the land won't go up too?

The value of land do go up definitely and that's the advantage to the buyers.

Estates do adjust the price of house and building Projects to reflect the ongoing economic reality.

But the price of land increment do come as a result of developmental work within the Estate.

But in nut shell, price increase on land is an advantage to those who buy.

MrMcJay:


Do you know that if that property worth 10M has appreciated by 100% to 20M, it is still a loss or someone converting from dollars.

That $12k he converted to Naira, if he wants to his 12k back, he needs almost 19M.

Isn't it better to leave the $12k in the bank than to buy a property here and the Naira profit isn't even up to the USD capital invested.

I'm actually expecting all these counters but I'm assuring you that the analysis up there is ideal.

I've been selling Estates to both home base and those abroad.

It's always nice to spread your treasures and real estate is one of the best options.

When exchange rate was N800 to 1US Dollar.

To get a property of N10million you need $12,500.

With current N1500 to 1US Dollar.

You now need less than $7,000 to achieve the same property value of N10million.

What an amazing opportunity to Nigerians In Diaspora to key into safe and secure Investments back in Nigeria.
Buy land and house with good title documents in a safe and secure Estate.

Okay

That's beautiful.

[quote author=abhosts post=128433293][b]Who exactly is benefiting from an ever falling Naira? What kind of cruelty is this? In 2019, a friend of mine based in the US invested $200,000(N72,000,000 at that time) into Nigerian real estate. Now his investment is valued at about N200,000,000($135,000). Despite the fact that his naira investment tripled in value, it was still not worth it from a dollar perspective. He is now regretting his decision because he would have been better off just leaving his $200k in the bank when you consider it is now worth 32 percent less. This is an example of foreign investor they claim to be courting.


Must he convert it back to dollar rate?

Let the person keep enjoying is Naira appreciation.

Best of luck in next tournament.

Well deserved, Congratulations.

In win and in defeat.

Up Nigeria

We play against Referee and Cote D'Ivoire.

Even our Coach was defense oriented which give room for more pressure from the opposition team.

Okay

Nigeria win, Go Super Eagle.

We have winning mind set and winning mentality.

That's why we don't take defeat as an option even though some of the time we don't win.

But as for tomorrow, we will not let this another opportunity pass us by.

We no go gree for anybody.

We are winning, let just talk about the margin we are winning with.

Win win and win alone, nothing less.

DiskJokeyManic:



Wat is dis one saying.... Can u win a match with Red card like Ivory coast did?....... go ND see hw Ivory coast struggled to reach here dey re today..... It is a motivation,,,, ND u think u can beat Dem coz u did wit a PK in group stage??.... for dat match when Dem nearly use dangerous attack kill eagles??..... i wil be here to lick ur tears and dat of many odas Nigerians 😐

You can begin your crying already if that's your portion, I don't deal with bitter fellows.

Let just begin to congratulate ourselves already.

Accept my congratulatory message.

If comes to marathon race, leave it for Kenyans.

Awon elemi eshin.

Beautiful

Nwabali should run for his life, na so it dey take start.

Some women with crazy fantasies.

One lady for my street dey post on her Whatsapp status that Osimhen is her kind of dream Man, I laughed, laughed and laughed again.

The guy that never knew about your existence.

bunbam:

Banks should not sell dollars
Banks should not sell dollars, what they should do is to increase the limit on naira card for international trades simple.. Why should banks sell dollars when we don't spend dollar im Nigeria?

For instance there are some international payments you want to settle.

Let me talk of my personal experiences which I'm aware some others are in the same scenario.

For some of us who do pay ads let say on Facebook, before Buhari and to his early days, you can do payment directly from your naira accounts.

For instance when you want to pay Facebook 50 dollars, you can pay naira equivalent at official rate directly from your naira accounts with GTB and some others banks.

Now, Buhari changed that, so you can't pay again via naira accounts and it was required that you open Domiciliary account, you can see that rubbish.

So, if you want to continue using the avenue, you have to open Domiciliary account. It didn't end there, get to bank that you want to buy dollars to fund your Domiciliary account, they will not sell despite the fact that they openly display buying and selling rates across their branches.

So, you have to go to Abokis on the street in order to buy dollars at higher rate for you to be able to fund your Domiciliary account.

Such also add to the already tense scenario of looking for foreign currencies here and there.

So many people are in that category which simple reversation of such will reduce the pressure.

Meanwhile, people that are receiving foreign currencies from abroad don't sell to banks as well, they will just make withdrawal and go straight to Abokis to sell at higher rates above official rate.

You can see all these issues, so the policy of paying Naira equivalent at the official exchange rate is a good idea, you don't have choice than to collect your money in naira equivalent.

So, if I need to buy dollars as well, bank should sell to me at official rate, I don't need to go to Abokis to buy at higher rate.

Such selling to me, they don't need to even release the foreign currency to me, they should just debit my Naira balance and credit equivalent rate to my domiciliary account.

Or better still, they just allow us like we used to do payments directly from our Naira account at the official exchange rate.

Better, I was discussing this with someone few days ago. I also mentioned it in one of my posts on here.

The banks should do the same by selling dollars to common customers in the banking hall.

We don't have to be clueless.

Did Nigeria actually have food reserve?

The idea of food reservation is actually good but that can be done after people have eaten not when citizens are struggling to find even a single meal per day.

Also, Tinubu should open our borders for rice.

Continue locking out rice is not a good idea at the moment looking at the current inflation rate couple with other economic crisis we are currently battling with.

We can at least relax some policies in order to reduce the effect of Economic issues as we continue to work toward self reliance.

Ogun ko laye naw, life should not be a war front.

Beautiful one from Mr. Project.

That's good

That's beautiful

While we are happy about their return, Nigeria government should rise to their responsibilities. We can't continue this way.

We're not robots and we can't be clueless.

Congratulations.

Real Estate Investment Opportunities In Nigeria.
Ibeju-Lekki, Lagos, is considered a hot investment destination for several reasons. It's a rapidly developing area with significant government and private sector investments in infrastructure, such as the Lekki Free Trade Zone, Dangote Refinery, and ongoing road projects. These developments attract businesses, drive economic growth, and enhance property value, making it an attractive prospect for investors. Additionally, the area's proximity to the Atlantic Ocean and potential for tourism further contribute to its investment appeal.

Lekki Aviation Town Estate, Price Per Plot Sizes:
500sqm - N30million
300sqm - N19million
Commercial Plots
1000sqm - N100million.

For more information.

https:///o99qyj, https://fb.watch/pB68TddLXH/

Saboteurs

It seems Government intend to discourage importation by using high Custom duty as tool.