₦airaland Forum

Akin Alabi is very clever. Ola is watching patiently as Akin pits his wits against that useless party called APC.


Akin Alabi will be victorious. Up PDP

https://i.dailymail.co.uk/i/pix/2014/10/26/1414343047615_wps_69_Some_of_the_current_super.jpg If they are not buying, they are renting luxury homes for up to £15,000-per-week and staying for between six weeks and three months

https://i.dailymail.co.uk/i/pix/2014/10/26/1414343038679_wps_67_Some_of_the_current_super.jpgAround 80 per cent spend between £15million to £25million on a residential property, with ten per cent spending more than £30million

https://i.dailymail.co.uk/i/pix/2014/10/26/1414343033736_wps_64_Some_of_the_current_super.jpgLondon's reputation for having a residential property market, which is secure and a stable investment, is one of the main reasons wealthy Africans are buying, according to Beauchamp Estates

https://i.dailymail.co.uk/i/pix/2014/10/26/1414342791342_wps_48_Kensington_Palace_Gardens.jpgIt is thought the property tycoons have been eyeing up homes on Kensington Palace Gardens - known as Billionaires' Row (pictured)

https://i.dailymail.co.uk/i/pix/2014/10/26/1414342981461_wps_57_Some_of_the_current_super.jpgThe super-rich look to buy luxury property in the 'platinum triangle' which is made up of Mayfair, Belgravia and Knightsbridge

https://i.dailymail.co.uk/i/pix/2014/10/26/1414343018132_wps_63_Some_of_the_current_super.jpgBeauchamp Estates said the African buyers are coming from six countries - Nigeria, Ghana, Congo, Gabon, Cameroon and Senegal

https://i.dailymail.co.uk/i/pix/2014/10/26/1414343007542_wps_60_Some_of_the_current_super.jpgAfrican buyers make up five per cent of sales by value in the 'ultra prime' London market - up from two per cent in recent years

https://i.dailymail.co.uk/i/pix/2014/10/26/1414342958655_wps_53_Some_of_the_current_super.jpgNigerians are the biggest spenders in London, with wealthy nationals forking out £250million on homes in the city in the last three years

https://i.dailymail.co.uk/i/pix/2014/10/26/1414342932211_wps_52_Some_of_the_current_super.jpgBeauchamp Estates, which sells some of London's most expensive homes, said properties such as the one above are those favoured

https://i.dailymail.co.uk/i/pix/2014/10/26/1414343500736_wps_76_Some_of_the_current_super.jpgThe wealthy buyers are typically spending between £15million and £25million on each home and are purchasing luxury properties

https://i.dailymail.co.uk/i/pix/2014/10/26/1414343509913_wps_77_LAGOS_NIGERIA_DECEMBER_27.jpgFolorunsho Alakija, a billionaire oil tycoon, fashion designer and philanthropist from Lagos, is a big investor in the London market

https://i.dailymail.co.uk/i/pix/2014/10/26/1414342791351_wps_49_Some_of_the_current_super.jpgSuper-rich African oligarchs are taking their vast resources and investing them in the safe haven of London property - with more than £600million spent in the capital in the past three years and £4million spent in the city every week. They favour the likes of One Hyde Park

[size=17pt]Wealthy Africans spending almost £4million on London property every WEEK as they snap up some of the most exclusive investments in the capital
[/size]
Super-rich oligarchs spending almost £4million-a-week on London property, new report by estate agent reveals
More than £600million has been spent in the capital by Africans within the last three years and its on the increase
Cultural ties, education and wealth all factors in move to UK, as well as risk of terrorism in home nation and Ebola
Report shows the wealthy buyers are mostly from areas in [size=17pt]Nigeria, Ghana, Congo, Gabon, Cameroon and Senegal
[/size]
Wealthy African buyers are spending almost £4million on London property every week as they look to snap up exclusive investments in the UK, it has emerged.

Super-rich oligarchs are taking their vast resources and investing them in the safe haven of London property - with more than £600million spent in the capital in the past three years.

A mixture of traditional reasons combined with increased terrorism and the outbreak of Ebola is said to be behind the dramatic influx of African money to the capital.
While African buyers only account for 1.5 per of transactions in the 'ultra prime' London market, they make up five per cent of sales by value - up from two per cent.

[size=23pt]
Nigerians are the biggest spenders[/size], with wealthy nationals forking out £250million on London homes in the last three years.

The new wave of super-rich includes Aliko Dangote, a Nigerian business magnate who, with a £16billion fortune, is Africa's wealthiest man.

Folorunsho Alakija, a billionaire oil tycoon, fashion designer and philanthropist from Lagos, is also a big investor in the London property market. She recently bought four apartments in One Hyde Park, the super-exclusive development in Knightsbridge.

Her British-born nephew Rotimi Alakija, who also goes by the stage name of DJ Xclusive, has also invested property in the capital.

It is thought other tycoons have also been eyeing up homes on Kensington Palace Gardens - known as Billionaires' Row.


Gary Hersham, managing director of Beauchamp Estates, revealed he has had three super-rich Nigerians enquiring about homes in the past week alone. This is despite the average person in Nigeria earning just £850 per year.

He said: 'I've had an upturn in African buyers over the last few months.

'The situation in West Africa at present is pushing rich African buyers back into Central London at a significantly higher level than is normally experienced.

'While war, disease and terrorism in West Africa grab media headlines, actually for super-rich Africans its domestic wealth, cultural ties to London, general safety and education for their children that are the key attractions for buying a home in central London.'

Mr Hersham said these super-rich look to buy property in the 'platinum triangle' which is made up of Mayfair, Belgravia and Knightsbridge.

Around 80 per cent spend between £15million to £25million on a residential property, with ten per cent spending more than £30million.

If they are not buying, they are renting luxury homes for up to £15,000-per-week and staying for between six weeks and three months per year.

London's reputation for having a residential property market, which is secure and a stable investment, is one of the main reasons wealthy Africans are buying, according to Beauchamp Estates.

Another reason is historic cultural and community ties.

Nigeria is a Commonwealth country and there is a community of 70,000 in London. There are a similar number of Ghanaians in the capital.
It is thought the property tycoons have been eyeing up homes on Kensington Palace Gardens - known as Billionaires' Row (pictured)


The third reason is education, with King's School Canterbury, Wycombe Abbey, Cheltenham Ladies College, Eton, Harrow and Bradfield are among the favourite private schools for wealthy families from Africa.

According to the Nigerian embassy, Nigerian nationals spend more than £300million-a-year on tutoring, accommodation, fees and equipment at British schools and universities.

Mr Hersham added: 'It is going to be the African century.

'Continental African buyers or luxury tenants in London are currently where the Russians and Ukrainians were five years ago.

'At present virtually all the transactions are for end use, not rental investment, which indicates that the African buyer market in London has significant room for growth and maturity.

'Nigerians have been long standing property purchasers in the central London market, going back to the early 1980s.

'However, in the 1980s and 1990s they typically purchased houses in North London, in Hampstead, St Johns Wood and Primrose Hill.

'Now, enhanced wealth has enabled them to move into the ultra prime market in Mayfair, Belgravia and Knightsbridge, and have been joined by affluent purchasers from other West African and French equatorial states.'



Read more: http://www.dailymail.co.uk/news/article-2808556/Wealthy-Africans-spending-4million-London-property-WEEK-snap-exclusive-investments-capital.html#ixzz3HLu7HJZI

Effing losers

naijababe:
We don't have true leaders in Nigeria now, we only have charlatans and egomaniac and power drunk ar5eh0les

Trust me mama, people on the street are the same. Even those in churches/mosques. We are Nigerians

naijababe:
Selling off the power sector is a good thing, unless we are truly fu-cked it should make a tremendous difference soon enough. In fact, the less in the hand of the government the better

Hmm. Maybe but not if bought up by ex-generals who know eff-all about it.

Seun:
Why not just help those around us who are elderly people and then post pictures about it online? I'm humbly proposing what looks like a less risky mode of operation. I feel that we can reorganize things a little bit before we start using our Forum's name to take cash from people.

hmmm

Seun:
You could go to any school and ask them if there are any good students there who are owing school fees and then go ahead and pay the fees. There are schools in your area, wherever you live. There are old people on your street selling one thing or the other. Problems everywhere.

hmmmm

Our so-called billionaires would rather buy up corporations like NEPA where you (Nigerians) have got no choice whatsoever. Good or bad service, you've got to pay.

Any business that requires cutting-edge logistics/first-class management practices, you won't see these Babas in such.

And, if they ventured into one, poor business ethics would be the norm.

Case in point: GLO. You have to give kickbacks to get your leave approved there.

Silly move

Currency is just currency.


Whether 'strong' or 'weak', doesn't really translate into good economy

DOA

anonimi:
Who else remembers that MILITARY Governor Ike Nwosu also borrowed N1 billion (or $1 billion) under Abacha who also inaugurated a water project in Ibadan some 20 years ago now

Even Secretariat generators were not spared. Nwosu packed them all

anonimi:
This is a good initiative.
Our people should be provided with TAP water which is a very BASIC element of modern life.
No debate!
I will look at the details later for any further relevant comment.

Don't be deceived. Taps are not running in the State. Ajimobi is up to no good as usual. Let them show me pix of running taps in my Ibadan Agbole. Or anywhere in the State. When I was a kid, we had it in my Agbole.

Ajimobi is unbelievably useless, I tell ya

Rubbish!

donroxy:
Jagaban was flown to Abuja inside presidential jet to meet GEJ in delivering SW in 2011 and that happened ........ That was what I read .... GEJ has it so good then as the victim of poor democracy and Tura'I ... He was also neutral and a present goon ...... Backward never !!

You actually believed what she said? Man, she's more clued-up about it than you think.

She's just being economical with the truth here

Chubhie:
We need young minds like him in politics. I'm rooting for him. Gbawe and Don omenka in 2019.

[size=23pt]GBAWE[/size]

Come in here, Gbawe, let's talk, man. Hehehehe

Dead on Arrival.

No Vacancy