₦airaland Forum

2 billion is a lot of money to own in the first place.

I doubt if he is worth up to 2 billion

I completely agree with Ycee

SixSeven:
While Lagos is undeniably Nigeria's smallest state by landmass, spanning roughly 3,577 square kilometers, blaming geography for a severe housing deficit is an evasion of governance duties. The fundamental breakdown in the housing sector stems from a lack of political will and a structural shift in economic priorities, rather than a mere influx of people.

International comparisons demonstrate that high population density within a small landmass does not inherently doom a city to a housing crisis. Singapore occupies a mere 734 square kilometers, a fraction of the size of Lagos, yet its government successfully provides subsidized public housing to nearly 80% of its citizens. Hong Kong faces extreme geographic constraints with its mountainous terrain and surrounding waters, yet its administration engineered massive vertical housing estates to shelter millions. These global hubs faced identical demographic pressures but chose to treat urban density as an engineering and policy challenge rather than an insurmountable obstacle.


https://www.tiktok.com/video/7496587126797176110

The current housing deficit persists because modern administrations have completely abandoned this social welfare philosophy. Today, the state relies heavily on public-private partnerships, outsourcing development to profit-driven corporations that naturally prioritize luxury duplexes over low-income flats. Furthermore, current government schemes require steep down payments and rigid mortgage qualifications that systematically exclude the informal workforce. The other day, I saw Lagos government partnering with acommercial real estate property developer and I was so sad. By transforming housing from a basic public service into a premium investment vehicle, the state has allowed commercial interests to dictate urban development. The government now relies on Public- Private Partnerships (PPPs). Private developers are in it for maximum profit. They will never build a #10 million flat for a low-income family when they can use that exact same land to build a 150 million luxury duplex in Lekki. Even current government schemes like Lagos HOMS require massive down payments and formal mortgage structures that 80% of the informal working class can never qualify for. Instead of building up the working class, we see aggressive demolitions of informal settlements to make way for premium estates, luxury developments, and sand-filled coastal expansions.

The current crisis is therefore the predictable result of policy choices that favor real estate speculation over civic responsibility.

Stop blaming the citizens who come to Lagos to hustle for a better life. Migration is a reality of every major economic hub on earth.

The difference between a functional mega-city and a housing crisis is political will. When leaders treat housing as a social duty rather than a premium investment vehicle, the problem gets solved. Until then, "too many people" is just an easy escape route for failed promises. APC as a party as failed to meet its own target. If the master planner had achieved his 45,000 units, he would have surpassed LKJ and we may not be talking about this today. Since 1999, all the APC governments combined have not achieved more than half of the 45,000 units Tinubu promised in 1999. Think about that. It's more about intentional policy than the excuses you are giving sir. The state government has taken policies that are anti-people and not welfarist. BTW, I do not disagree with you that the other states need to pull people out of Lagos but it's not an excuse, it's an opportunity to a state to attract people and tax them eventually.

You made very valid points. The truth is our leaders are not ready to get the job done.

They are simply not ready and we ( the people ) also make excuses for them

Hello
I'm interested in one of the locations

Hello

I will like to know the total cost to build 4 units of room self contained bungalow style on a straight line

Land measurement is about 30 ft by 100 ft around Mowe.

Dry and flat land.

The building should look modern and decent but not luxurious

The size of each self con apartment should be about 28 sqm ( including kitchen, toilet and bathroom)

Therefore the entire structure will take up about 112 Sqm

How much will be needed to complete this project from start to finish?

1 HP inverter AC. Brand New Binatone AC for sale . Comes with the pipes, Remote Control too.

No wall hanger included

N310,000 Selling at giveaway price ( non negotiable )

Location: Agege

Kindly drop a message on WhatsApp: 09131586136

oz4real83:
Civilized societies\countries don't fraternize with criminals, convicted or alleged. It is better you quickly clear your name through every legal means to stand any chance, that is why people try as much as possible to steer away from crime in societies where things work.

Have you ever heard of the Epstein files?

Even POTUS has a case to answer.
Most of the atrocities happened in the so called civilised countries.

Don't be deceived

Thomas Party hasn't been convicted of any crime. As at this moment he remains a suspect who is facing charges. He also pleaded not guilty.

Don't give unnecessary glory to the western world

This is sad.

This just shows that even in the west, they could be unstable.

Policy inconsistency happens even abroad.

How can you allow family members into your country in 2024 with valid permits, then in 2026 you decide to send them back home. Why did the home office issue them visias in the first place?

Roseodd:
120k can't feed me in a month sir that's just where the problem is.
I thought Treasury bill is 25 percent in 91days,that's 900k in 3 months or what I saw online is not correct please can you explain to me sir

Interest rate is usually per annum not every 3 months

Transport is stressful


Just do fixed deposit in renmoney or any digital bank.

You can get up to 22% per annum

That's about 120k per month guaranteed. No stress

I'm not in support of NNPC or the government.

However , it's important to note that Dangote is a private enterprise and in a free market.

He should buckle his sleeves and compete like any other business.

Lets bear in mind that monopoly is not healthy too

It appears Dangote is not willing to compete like any other business in Nigeria

mjblinks:
I laugh in Chinese, where you as oando when other stocks in tit league were flying 🪽. Oando is a joke 🤣

Oando is like Arsenal Football Club

They have been under performing for many years but one day it will emerge victorious.

Oando will get to the promise land

peleson1:
How can one buy into dangote ipo

You can't buy into Dangote iPo at the moment because it doesn't exist.

Wait till the offer is declared open

SmartPolician:
Are you an American soldier?

No

However it's a well known fact that not all military operations are recorded on camera

SmartPolician:
The US military will launch an attack on its enemy and still have the time to film the action movie so that they can watch it, review the operation, learn from it and entertain the public Abeg that country too get sense! God bless America!

They don't do this all the time

Rotimi Amechi
Nyesome Wike

Now an anointed candidate from the same part of Rivers state

Interesting times ahead for Rivers people


Let's keep watching

GreenCovering:
This is stylishly rubbing the Nigerian worker.

Why not allow the contributor to withdraw limited funds from his pension contributions solely for the purpose of purchasing the IPO, so that the money is taken from the funds administrator and immediately credited to Dangote for the purchase of the IPO?

Sounds good on paper but not realistic

Pension fund administration is backed by written guidelines

Your suggestion is against the guideline and also against the principle of pension fund administration.


Also if this happens the contributor has become the manager. A ctributior can not take up the role of a pension fund manager

Iran2025:
This is criminality. PenCom are criminals they deprived pensioners their money always.

I doubt if you know the full meaning of Pencom

Kindly ask Google and stop this

nosa2:
Which kind collection of nonsense companies be this?

Someone makes a post to ask for counsel, it clearly shows a call for help

The ideal thing to do is offer help or ignore the post.

What's the essence of your statement when it doesn't add value to the conversation.

Next time just keep quiet

Do we really have undervalued stocks in Nigeria at the moment?

ositadima1:
The truth is that many people want to buy UBA, but not at its current price. Let it drop a bit, and you’ll see massive bids come in. They’re on the sidelines waiting for a good bargain, it will surge once the price is right.

Some of us are already waiting to buy. Long term play

1x2x3:
The quality of houses won't even match those at 10th position

This statement makes no sense

We are still in the business of selling mattresses

We sell:

semi orthopaedic mattresses.

Full Orthopaedic Mattresses

Regular Soft Mattresses

Spring Mattresses

Pillows and duvets


We also sell Mouka Foam mattresses. We are an authorised dealer for Mouka Foam in Lagos

Our prices are pocket friendly

We deliver and accept payment on delivery

We are based in Agege, Lagos

Call or WhatsApp: 09131586136

We are still in the business of selling mattresses

We sell:

semi orthopaedic mattresses

Full Orthopaedic Mattresses

Regular Soft Mattresses

Spring Mattresses

Pillows and duvets


We also sell Mouka Foam mattresses. We are an authorised dealer for Mouka Foam in Lagos

Our prices are pocket friendly

We deliver and accept payment on delivery

We are based in Agege, Lagos

Call or WhatsApp: 09131586136

The figure for Oshodi is incorrect. Rent is expensive in Oshodi

Hello. Vacancy still open

A male store attendant needed in a Mattress Store in Agege

Sleep Easy Solution is an authorised distributor of Mouka Foam products

Our Store is based in Agege Lagos and we seek to employ the services or a store attendant

Key Requirements

Must be male
Should reside within or close to Agege
Hardworking and beautiful ready to learn on the job
He should be able to communicate effectively in English
Good interpersonal skills
Ability to use online platforms like WhatsApp is a must
He should have a good smart phone

Reach out on WhatsApp:

09131586136