Larez's Posts
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Lastpage, I must thank you for your vote of confidence. Hey, Can i use you as reference for my Investors? lol |
Come on now, why are you being defensive? I actually like the house that you have built. I'll tell you what, I'd hook you up with some floorplans that you can use for marketing your subdivisions. You actually build a very nice house. Where is your subdivision located? And what is that material that you used for the roof? I'd like to talk to you offline. Bro, don't be defensive, you actually impress me. As for my clients, I'll not only give you coordinates of some of my exclusive homes in Atlanta, USA, but you will be welcome to talk to them as well. There are some on my linkedin profile as well. Do you doubt that I am a multiple first prize award winner in the US? Abeg jo, mek we build paradise here for Lagos. Cheers. |
Lastpage: You have been very thorough in the issues that you have raised as well as the way you have addressed potential solutions. This is a very positive perspective in taking care of the problems that we have in Nigeria. We can only resolve them when we think through them and attempt to address them. In regards to your first question about a method of credit checks, I think we may have to find alternatives such as employment and established family members that will co-sign the lease. We may have to also bring in some legislation that will criminalize (with strong penalties) those that use fraudulent names. Furthermore, we may have to create a separate magistrate/arbitration court that will certify leases entered upon, that will be recorded with a file number. The lessee may also have to take a photograph that will be attached to this file. A system such as this may impose some sense of lawfulness that will discourage abuse. Lease extensions may waive this requirement once the original has been certified. A system as described may also benefit the Renter in the sense that records can be checked to authenticate them as the true renter of the property as in the case of requesting power and other services for the address. It could also be a form of the beginning of a database that could be accessible by the Police in neighbourhood matters. This will also eliminate the unreasonable 10-20% being tagged unto leases by speculators acting as agents. The Landlord may opt to pay such agent a fixed fee if so desired to accelerate the marketing of his available property. Another benefit of this record keeping system is that a history of leasing is being created by the person for reference to future Landlords. With wireless Networking freely available in Nigeria, the database should be accessible and provided for by the funds generated from the lease registration fees. Lagos State is currently almost completing a property database that will list all buildings in the State and ownership. This could easily be adapted to include current residents of such properties. So, in a way, it will be easier to add and remove from this database than to begin one afresh. On the issue of building materials, I am currently working on getting a Quarry off the ground and have done my figures to discover that building materials are very overpriced in Nigeria. It is my intention to attempt to create a better product at a cheaper price. However, I have been notified that it may be impossible to do this because the other Quarries will not allow me to. when I asked what they meant by "allow me to", it was then that I learned that a certain click will go to any extent including murdering a person if they attempt to shake the tree that they eat from. I can also guess that this will be the case about cement as well. Cement is basically ground limestone that is quarried with additives such as gypsum and fly-ash. There is no reason why it should be at the price that it's going for in Nigeria but for the same reasons that I have stated above. Without the security available to protect those who want to make it more competitive and the court system that will prosecute the 'Mafia' that continue to oppress the common man, it may be impossible at this time to change things. But with a new wave of leaders like Fashola coming into Nigerian politics, there may be hope yet. I can authoritatively say that there is still a huge margin of profits to be made if building materials were sold at 75% of the current levels. I have done the homework, and my spreadsheets have shown me the facts. This topic also gives me the opportunity to talk about the issue of power. Recently, I came across an article that showed that PHCN is being sold gas (LNG) at the rate of N16.64 per 1000 CuF (Cubic feet). While simulating numbers to run a caterpillar Gas powered generator of 30KVA, I calculated an hourly gas usage price of N0.099 per KVA at the NEPA rate. This as opposed to N15.437 hourly per KVA using diesel at N95.00 per litre. The fact of the matter is that Nigeria is being held back by a few for their own selfish purposes. We had been wasting this same gas by flaring it. Nigeria is more of a gas producer than a crude oil producer. Even if the cost of getting the gas delivered caused the price to multiply by X3, Nigerians should never be running their generators on diesel. Yes i understand that there will be a cost of capital in creating the gas facilities, but this should be a priority for the government. At 3 times the price being sold to NEPA delivered, it will still be at least 1/5th using diesel to power our generators. In Nigeria we create 'Government' without the knowledge of why the white man created government. We forget that government is to serve the people and not vice-versa. The first job of the Government is therefore to make life as easy as possible for the people. Government should not as in the case of Nigeria be for self serving purposes. This is where 'We the People' have to step up and remind government of what it's duties are. Unfortunately, there seem to be a purposeful effort by the government to keep the average Nigerian uneducated. This is because they know the power that can come out of an educated electorate. This is why they bhave found it difficult to pass the freedom of information act. Today, we are seeing what is going on in Iran. As repressive as Iran has been, the people are refusing to allow their votes to be stolen. They are hitting the streets and using people power to get themselves heard. Meanwhile, in Nigeria, a certain class of people can get away with anything. We are all afraid to die but are being killed unnecessarily everyday. Someone pockets the budget for a roadway construction, and within a year 200 people get killed on the dilapidated roadway. Who is responsible for these deaths? Nigerians really need to start figuring this out. But back to the issues that you raised Lastpage. They are very valid issues that need to be resolved. resolution does not mean dumping the weight of the issues on the poor man. Rather it means going into innovative steps and thoughts of coming up with a win-win situation for everyone. Each man has a right to life and his freedom, he should also have a right to an abode without having to resort to criminality to reach this end. |
onyx20:Which one be ya own now? Wetin, you dey jealous? ![]() |
Later does not exist in my dictionary. Holla now ![]() |
Stella my long lost friend and sweetheart. How have you been? In Jandon or Lag? Holla at me. |
[quote author=$osisi link=topic=281589.msg4021191#msg4021191 date=1244853646]I live in the USA and even here a tenant often pays the first and last months rent and a security deposit equal to one month's rent before he moves in He signs a lease which is binding and if he moves out prior to the lease expiration,he owes the landlord according to the term of the lease. and can also be sued for damages to the property. The landlord has his social security number and he can be tracked down and prosecuted and his credit worthiness tarnished if he defaults. Can that be done in Nigeria? Fashola cannot attempt to fashion Nigeria after what goes on in advanced countries when the infrastructure is not in place to punish offenders. If tenants cannot pay at least 6 months advance in Nigeria,let them live under a bridge,build their own houses or move to their villages [/quote]Osisi, you are not fair o. If Landlord for America tell you to come pay 1 year rent in advance you go dey try find tape recorder take record am. You go begin have visions say you go soon own the man building.When we claim to be civilized, we should follow through even in Nigeria and not limit our being civilized within the Western World. Ososi, your views are tainted (Landlord pikin). In my previous post I clearly stated what I believe will be needed such as clear laws and the speed of the process. So which one is the infrastructure that you are now talking about? Na on top water una build una houses take rent? Some people mention the financing costs and all that stuff. But like in the Western world, when you finish building your houses to rent, you can go to a fiance company and get a mortgage to free your cash in stuck in the building. Since you acted as your own builder, you will definitely earn profits from the appraisal of the building for financing. This is how it works in the Western world, and this is how it should work in Nigeria as well. If we will like to take it a step further, then we should push the government to provide low interest mortgages if they will like us to invest in housing for the populace. There are a lot of international funds available for this that the government can capitalize on. This is where our energies should be focused on, rather than as usual always expecting the poor man to carry our loads of success and wealth accumulation. |
What do you consider to be modern? |
One thing that we need to do more often in Nigeria is to avoid trying to reinvent the wheel. There are many better advanced Nations that have had to deal with these issues. They also had to address the issue of fairness to all parties involved. Such is the case of the United States. There are usually 2 separate lines of law dealing with issues of residential or commercial properties. In the case of Residential properties, here is a typical scenario: 1. An application fee of $25.00- $30.00 for a credit check on the individual to determine their credit risk. 2. A deposit amounting to 1/2 to 2 months lease which is refundable upon vacation of the premises and leaving it in a habitable condition. 3. A lease is signed specifying the time of lease which is standard 1 year renewable and could range between 6 months to 2 years. Some counties may restrict a lease to be only binding for a year renewable. There is usually a discount rate for a one-year lease. 4. Leases are standardized and usually guided by State law. Any lease instituted by a Landlord that violates the guidelines/spirit of the law shall be null and void and could attract a penalty or criminal proceedings against a Landlord. 5. There are magistrate courts available to address issues between Landlords and Tenants that tend to dispose of the issue within a month. Upon judgement, monies left unpaid by the tenant shall be taken out of the security deposit paid upon signing of lease. Any extra amounts shall be legally binding amongst parties and collection actions can be instituted after a goodwill time frame has expired. Further judgements for the collection efforts can also be initiated. 6. In the case of a dispossession based on failure to pay rent, this can be entered into the Tenants credit records if payments are not made timely after court judgement. 7. No extra costs are necessary when a standard residential lease is signed between a Landlord and a Tenant. Lawyers are usually not involved in this process, but in the case of an Agent finding or referring a Tenant, then the Landlord pays the agent according to whatever advertized agreements. If these issues raised above are addressed by the Lagos State Government, then a fair and enabling environment will have been created for tenants. The cost factors of residential rentals should not be agonizing to potential tenants. In the United States, parents can legally kick their kids out at the age of 18. This is partly why it is important for any community to have an enabling environment for young people to gain their independence. Nigeria should seek a similar procedure to help develop it's young people into productive citizens. In the case of commercial properties, since people in business are supposed to be savvy and aware, there are no protections in rental. Legal agreements are entered into by entities or people and are interpreted by a court of law based on the contents of the binding agreement. It will be pertinent on all parties to seek legal counsel accordingly. |
Urgently needed 2 Bedroom (self Contained) Apartment in the better parts of Surulere. Ready to view immediately for occupancy. |
[quote author=na2day? link=topic=275438.msg3967129#msg3967129 date=1243976770]let me guess, u?[/quote]Gba so mi di eleru. |
;d |
One thing for sure from reading the replies here, I know which chicks here are less than virtuous. Guys you know who to holla at for discreet services. lol. ![]() |
Kobojunkie:Na wah oh. Even America wey get money plenti, you fit drive 6 hours no see Airport. Second question: What Airlines have agreed to fly into the Airport sef? Abi dem Governor wan start him own Airline? Direct flights to China (non-stop) lol. |
Oh, I forgot. Mr. Babatony, how much did your State spend on the only project Attah built while he was Governor which was a Roundabout right? Who uses the much touted Roundabout? Enquiring minds want to know. lol |
Babatony: Even if you have Atlanta Airport and Chicago Airport combined in Akwa Ibom, I will still use the Calabar Airport. All the Airports in the world cannot solve your serious crime problems. In Calabar, you can leave your Hotel Room and at 10:00pm and take a stroll to a nice Fish Joint that will serve you a large fish with potatoes and pepper that can feed 3 people for around N800.00. If you forgot your bag with your laptop in it at the Calabar Airport and came back 4 hours later, it will still be where you left it. By the way, what you call an Airport is no more than a Landing strip. How many runways are there on it? Do you know that Landing strips like these in the United States are built for much less than $30m? You are on the Internet, so do your homework and checkout what the developed world spends on Airports and Landing strips. remember they include a lot more sophisticated equipment to be able to meet their FAA requirements by law. You should be ashamed bragging that your village (State) spent $300m on something not even worth $30m. Abeg, Kobojunkie, continue with this man jo. |
I am surprised. Maybe we should ask who's land was acquired and how much they paid for compensation. There has to be something. Nigerian leaders must have their backs scratched. But watchout, a Chinese company may be positioning to buy it under concessions soon. As you know, Chinese companies don't shy away from paying bribe. This is why american companies can't compete in Africa. They will go to prison if they pay bribe. ![]() |
mystikal:What about the former Governors Hometown, Since he started this thing? |
I was just curious. Is the Airport in Akwa Ibom in the current Governor's hometown? If not, how far is it from his hometown? |
biina:Isn't google earth just great? Now we have been empowered to know the truth. In the case of Airports, just how many Nigerians can afford to travel by Air? I have flown to Calabar many times, and id I remember correctly, there are only 2 or 3 flights to Lagos daily, and maybe the same to Abuja. I can also remember that flying to Calabar cost me the highest of any route in Nigeria. The interesting thing to also note is that non of the flights was ever filled apart from during the burial of the Obong in my experience. Some extra flights were added for this occasion. If Nigeria spends most of it's infrastructure funds to build airports which only serve a few privileged ones, while people are getting killed on dilapidated roads, it is very difficult to find this decision wise. However, with Akwa Ibom now being the biggest Oil producer in Nigeria, there may be an argument that much traffic from the Oil industry needs to be catered for. However, this will totally disable the Calabar Airport which I find unfortunate. There is something very serene and beautiful about Calabar. And there is a very big contrast once you cross that bridge into Akwa Ibom which seems to be like a den of rogues. Unlike Calabar, people in Akwa Ibom seem less polite and very aggressive. One has to immediately dominate in Akwa Ibom or else they will attempt to step all over you. I will surely prefer to lodge in Calabar and drive to Akwa Ibom for any business meetings than fly directly there. But then, this may still be my preference even if they had Atlanta's Airport transferred there. My luggage feels more secure in Calabar. lol. ![]() |
It is funny reading how Nigerians argue. Y'all like to fight ohh. Meanwhile, are you aware that Enugu Airport was recently sold to a Chinese dude? The other Airport that the Chinese Dude bought was an unused airfield in Eastern Germany with some facility for assembly. Difference between buying Enugu Airport was that it was basically given to him for free. They may talk about concessions and stuff, but dude is yet to build any roads or whatever. The Chinese guy's main rationale is to use the Eastern Germany unused military airfield and a way-point from China for refueling and assembling some Chinese products so they can stick Made in Germany on them. Enugu will hence become a distribution point for the rest of Sub-Saharan Africa. If you are thinking what I am thinking, then you may wonder if the rush to build these airports is to give them away and be paid under the table while Nigeria is fleeced for the costs of the airports. I personally think the Lekki Airport is legitimate because of the Lekki free trade zone and the expected activities that will result from it. It is also wise because most Nigerians who can afford to fly are based in Lekki/Victoria Island/Ikoyi. Moving the main Airport hub to that area may help reduce traffic through the rest of Lagos. |
penfold:I should clarify my statements so you can understand me better. Forget the emotional issue and just focus on facts: Lagos State Government in my understanding is not a party to the on-going lawsuit between the 2 parties involved. The State Government is a regulatory authority on the Land use. In this case, they require some part of the Land as an easement for utilities. While approaching this issue, probably to find the parties that will be compensated for the easements, they discovered that there is a dispute on ownership, and properties may have been sold illegally. It is at this point that Lagos State Government steps in as the regulatory body for issuing documents to perfect deeds. Lagos State Government then discovers that there were some cases where structures were built without perfected ownership documents. This is the part that the illegality comes in. Regardless of what the court says, lack of proper construction documents is a breach of the law. The State has the right to demolish or fine the parties for construction without documents. You should note also that there have been cases recently where innocent Lagos State residents have been killed due to the negligence of owners who constructed without proper engineering and State certifications of the construction documents. There is a form of liability on Lagos State Government after discovering these buildings to not take action. This will be deemed negligence. If a building collapsed without the awareness of the State Government, then they may not be deemed negligent. However, in this particular case where the government seeks to infringe on the property, and hence discovered the illegal construction(s), they will be infact negligent in the performance of their duty, if action is not taken. The case in court is in reference to ownership. Lagos State Government is not attempting to claim ownership and hence is not involved in the case. It only acts as a regulatory agency over the infrastructure(s) regardless of the outcome of the case. I hope this clarifies your understanding. |
ud4u:This is really pathetic and archaic. You speak of ownership of children like they are wares that can be sold. I am beginning to understand the types of minds that would expect a living man to marry a corpse. The white man sure did us some serious disservice combining Nigeria together the way they did. How can I belong to a group that openly supports causes like this? Jeeeezuz Chriiist, what jungles did these people walk out of? |
penfold:I think you really need to understand the legal dilema that you are in. Since the Government is neither involved in, nor a party to the lawsuit, hence the Judge's order has nothing to do with them. The Government holds all the power concerning C of O and may revoke it if necessary for the good of many over the good of one or a few. A summary dismissal will be given by the court regarding any perceived contempt of court y the government. Furthermore, are you naive enough to believe that the Governor himself will be jailed for contempt of court, when he has many officials heading the department involved? Your statement confirms the typical Nigerian "Big man" ego that believes that he must always deal directly with the top boss in any situation. Hence, anything that happens is the Boss's fault. Like I advised before, use your money wisely in seeking a place and moving your belongings out before the Bulldozer comes. |
So this story is not even fake? Are you people serious? This actually happens? Wow |
This is utter madness and people need to learn to grieve properly without making asses out of themselves. This same Family asking a man to marry a dead body will then turn around and claim to be good Christians. Shame on them. As for the people who think it's normal, you need to take your butts out of Lagos and go back to your villages to do that nonsense. You are the ones holding back Nigeria's growth. |
penfold:My Brotha, I go advice you make you save your money take pack comot for where you dey. As I sabi Fashola, he no get time for nonsense and talk-talk. Governor get Executive privilege to issue orders to convert the Land for public use. For your information, it is very unwise to fight your current Governor. He even has the power to commute a death sentence with the stroke of his pen. |
Jakumo:D9T na bullet proof strictly U.S. Military. My Brotha, Abeg come helep me dig pit for Quarry. I need some illegal mexicans wey wan comot too. Mechanic and Drill operator. Hook me up jare, |
[quote author=*Toyinrayo link=topic=259171.msg3703468#msg3703468 date=1239144878]How does this turn into a religion affair? [/quote]Pls refer to the original topic. |
Haba, why are all these people shouting? Baba just helped the masses. If they arrest you for the same thing, you can easily point to the example that Baba gave. This will make the Judge drop the charges sharp-sharp. Nigerians always cry when they need to celebrate. |
Then they turn-around and claim that they are good christians. Such hypocrites abound all over Nigeria. |
I wonder if many here are aware that Fashola goes to both Churches and Mosques with his Family. Personally, I do not care if it's a Church, Mosque, Shrine, Temple or whatever, if it is an illegal structure, or the area is needed for the sake of progress, then take it down, and build the roads. For Lagos to resemble any form of sanity in 2025, a lot of buildings ill have to be taken down to give way to roads. It is unfortunate that Lagos was planned by the British to have at best tracks for Buggies and Carriages. This is why space was not reserved for future expansion, which allows for growth. Even today, I see gutters being built at the edge of roadways without any clue as to the required future needs of such roads. It irks me that unlike Fashola, most of our Nigerian leaders lack the foresight for the future. We currently build roads to accommodate existing traffic jams, when we should be planning them to accommodate traffic jams for 2010. You could lay down on a highway in Atlanta Georgia in 1985 and even play tennis without cars showing up for a few minutes. But the same area now is heavily congested. Nigerian planners should get some proper training in projected traffic estimation and growth. Back to the issue here, y'all better be glad that Fashola is trying to build roads instead of embezzling money. But then in Nigeria, even a goof guy with honour cannot win by losing. |
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Hey, Can i use you as reference for my Investors? lol
[/quote]Pls refer to the original topic.