candidtalk:


I wonder. Some insist on speaking in parables as if we are in church. I don't get the correlation of embezzlement of private funds with the Eko Atlantic project.

People have lost literally billions on Bit coin scams and ponzi schemes. They have to seek redress in Court or via using instruments of the law.

They cannot and should not go online demonizing privately-funded projects because of their own personal experience or convictions.

You guyz should stop arguing with this dumb heads who know nothing about construction.

Vulturereloaded:


And the visionary Tinubu and the so called founder of the new lagos, traveled to kastina to bring someone without a university degree to rule Nigeria and collapse every sector including the Eko Atlantic.

And Nigerians should trust such a person to make good decisions for the nation.

Yes!

So that when every sector of Nigeria has crumbled under Buhari like Tinubu knew it would since he’s aware Buhari is a dunce, he (Tinubu) would now step in as the messiah who would save Nigeria from Buhari’s mess.

But one thing in life is that God always has His own plans.

As Tinubu was scheming, trusting in his intelligence and treachery, God too was planning and we can all see the product of God’s plan for Nigeria in Peter Obi which is why BAT supporters are embittered.

Penguin2:


They bastardized every sector of the country.

The devaluation of the Naira against the dollar that happened under them is why Peter Obi’s investment in Sabmiller was devalued which they latched on to masturbate sometimes ago.

Same thing happened with the Eko Atlantic City project.

With the advent of APC and the introduction of Buharinomics, investors took fright and fled from Nigeria just like others pulled their forex out of Nigeria out of fear of eventualities due to the flip flops policies of Buhari regime.

These are the things that added up to make the Eko Atlantic City project to flop but these people will never admit it.

They keep playing the ostrich and hiding from the truth.

Rubbish. The Nigerian economy was in recession when Buhari took over.

No doubt PMB has failed in the management of the socio-economic affairs of Nigeria but that is due to his over-reliance on a parochial and Fulani-centred think tank consisting of a crew of so-called trusted affiliates, conservative and with focus on central control and distribution of resources, he has known literally from birth.

Yet it is important to note Nigeria was not healthy when Buhari took over. We should never forget that.

His policy and dogmatic insistence of doing things his way alone did not help but world price for crude was in the doldrums for essentially most of Buhari's first term with per barrel prices of crude being some of the lowest in history since 1999.

Covid blighted Buhari's second term in a general financial depression for the entire world no major economy has fully recovered from till date.

All these cumulatively produced an extended period of paucity of investment finance globally. External factors beyond Nigeria's control have played a part in the decelerated progress of Eko Atlantic but investor confidence is now returning strongly and sales of units off-plan is gaining traction.

It can only get better when Buhari leaves to be replaced, hopefully, by a Liberal President who has no problem enabling Nigeria gain an economy capable of leveraging heavily, comprehensively and exhaustively on her non-oil income potentials.

Stop trying to attach everything to your hate of APC, Tinubu and your sectional biases. I warned you about that previously but you're incorrigible so I am not surprised your argument remains prejudiced.

Vulturereloaded:


Have you been anywhere around palm jumeriah? When u tour the area, you will then tell me why someone will choose q shithole like lagos to invest 1 million dollars in 2022 over dubai. Even abu dahbi that is not as sophisticated as dubai is more attractive.

Incase u haven't. Just watch.


https://www.youtube.com/watch?v=i1_IzkN9AbE

Go and watch


https://www.youtube.com/watch?v=inV0dNssUj0

Vulturereloaded:


And the visionary Tinubu and the so called founder of the new lagos, traveled to kastina to bring someone without a university degree to rule Nigeria and collapse every sector including the Eko Atlantic.

And Nigerians should trust such a person to make good decisions for the nation.

You people will always unravel in the end as nothing but bigoted haters with ethnic, religious and sectional biases.

I indulged you guys but knew all along this was solely about giving a dog you hate a bad name to hang it. Especially now we are in an election period.

Again, I can only urge you to go and get the March back edition of Higjbrow living that did an extensive cover on Eko Atlantic.

It features many luxury tower apartement with units for sale on even interest free financing for considerably better period of repayment than most developers offer averagely across Lagos, Abuja and many commercial States and cities of Nigeria.

What you lot are showing is good old bad belle for individuals you hate because of their ethnic, political and sectional affiliations.

Eko Atlantic is already a huge success . In the same.March edition of Highbrow living you can read the article dedicated to the US "game changer" embassy to be situated there and how it is driving investor confidence massively with major world business players now scrambling to lock down a presence in the zone.


You can see the stupendous scale of Eko Atlantic with the canal in the picture with Yatch moving past.
You lot should stop hating. Begin appreciating. It is for your own good.

candidtalk:


Rubbish. The Nigerian economy was in recession when Buhari took over.

No doubt PMB has failed in the management of the socio-economic affairs of Nigeria but that is due to his over-reliance on a parochial and Fulani-centred think tank consisting of a crew of so-called trusted affiliates, conservative and with focus on central control and distribution of resources, he has know literally from birth.

Yet it is important to note Nigeria was not healthy when Buhari took over. We should never forget that.

His policy and dogmatic insistence of doing things his way alone did not help but world price for crude was in the doldrums for essentially most of Buhari's first term with per barrel prices of crude being some of the lowest in history since 1999.

Covid blighted Buhari's second term in a general financial depression for the entire world no major economy has fully recovered from till date.

All these cumulatively produced an extended period of paucity of investment finance globally. External factors beyond Nigeria's control have played a part in the decelerated progress of Eko Atlantic but investor confidence is now returning strongly and sales of units off-plan is gaining traction.

It can only get better when Buhari leaves to be replaced, hopefully, by a Liberal President who has no problem enabling Nigeria gain an economy capable of leveraging heavily, comprehensively and exhaustively on her non-oil income potentials.

Stop trying to attach everything to your hate of APC, Tinubu and your sectional biases. I warned you about that previously but you're incorrigible so I am not surprised your argument remains prejudiced.

What if you are the one who is actually prejudiced which is why you keep seeing all of submissions through a prejudiced prism?

There’s nothing I said up there that is sectional. Everything I said is an objective assessment of the mess that Buhari put Nigeria into.

Now you talked about Buhari’s weaknesses… the question is were Nigerians oblivious of those weaknesses when he was being packaged and propelled by men like Tinubu?

Weren’t there enough receipts from his first sojourn to power in the 80s which was why most of us screamed in loud voices that he must not be given power? But what did we get, name calling and all what not.

Now, Tinubu, the chief propeller of this plague called Buhari is now positioning himself as the messiah and the Captain America that will save us from the mess his candidate created.

Would you say Tinubu was unaware of Buhari’s ethnic chauvinism, illiteracy and religious bigotry? If yes, what does that say of Tinubu’s intelligence and if no, why should Tinubu be rewarded after plaguing Nigeria with such a character?

Vulturereloaded:


Have you been anywhere around palm jumeriah? When u tour the area, you will then tell me why someone will choose q shithole like lagos to invest 1 million dollars in 2022 over dubai. Even abu dahbi that is not as sophisticated as dubai is more attractive.

Incase u haven't. Just watch.

You're just an ignorant hater. Apartment's at Eko Atlantic start from around 230 million Naira with better than average mortgaging/financing terms.

Also, you need to read up extensively on the scale of Eko Atlantic to appreciate that it is a unique address with no equal in Africa. Stunning infrastructure meets stunning conception and luxury.

Keep hating. Same hatred will consume you and choke happiness out of your life experience.

thebosstrevor1:


Go and watch


https://www.youtube.com/watch?v=inV0dNssUj0

Oga no body from outside Nigeria will come to invest in eko Atlantic because of the interior of an apartment there.

They will look at the whole lagos environment compared to dubai.

Will this house make an American want to live in Nigeria?


https://www.youtube.com/watch?v=MkwngDenR6Y

Its still a wonderful structure in a shithole country.

If you invest the same amount to buy this apartment in dubai, which one will fetch more money in air bnb?

The one on eko Atlantic or the one in dubai? How many foreigners visit Nigeria for tourism compared to dubai in a year?

Penguin2:


What if you are the one who is actually prejudiced which is why you keep seeing all of submissions through a prejudiced prism?

There’s nothing I said up there that is sectional. Everything I said is an objective assessment of the mess that Buhari put Nigeria into.

Now you talked about Buhari’s weaknesses… the question is were Nigerians oblivious of those weaknesses when he was being packaged and propelled by men like Tinubu?

Weren’t there enough receipts from his first sojourn to power in the 80s which was why most of us screamed in loud voices that he must not be given power? But what did we get, name calling and all what not.

Now, Tinubu, the chief propeller of this plague called Buhari is now positioning himself as the messiah and the Captain America that will save us from the mess his candidate created.

Would you say Tinubu was unaware of Buhari’s ethnic chauvinism, illiteracy and religious bigotry? If yes, what does that say of Tinubu’s intelligence and if no, why should Tinubu be rewarded after plaguing Nigeria with such a character?

I think others can now see I was right all along. From discussing the merits or otherwise of a grand project, you have now gone into a bitter tirade about Tinubu and Buhari.

Obvious this was your 'bad belle' motivation from the beginning you thought you could hide with polite words and pretence.

You bigoted haters are the same. At the end of the day, it's a free world. You keep thrashing Eko Atlantic because you associate it with Tinubu.

I will keep doubling my effort in the drive to purchase units there. Each to their own.

Vulturereloaded:


Oga no body from outside Nigeria will come to invest in eko Atlantic because of the interior of an apartment there.

They will look at the whole lagos environment compared to dubai.

Will this house make an American want to live in Nigeria?

Lol. USA is situating her biggest consulate in the entire Universe in Eko Atlantic. Abeg try and tone down the ignorance , bad belle and very obvious hate in your utterances.

Just answer this one question. Are you Igbo? Simple yes or no.

Vulturereloaded:


Oga no body from outside Nigeria will come to invest in eko Atlantic because of the interior of an apartment there.

They will look at the whole lagos environment compared to dubai.

Will this house make an American want to live in Nigeria?


https://www.youtube.com/watch?v=MkwngDenR6Y

Its still a wonderful structure in a shithole country.

If you invest the same amount to buy this apartment in dubai, which one will fetch more money in air bnb?

The one on eko Atlantic or the one in dubai? How many foreigners visit Nigeria for tourism compared to dubai in a year?

You are just talking lot of trash.

People are already living in Eko Atlantic.

Some houses which are for rent or already being occupied.

Continue blabbing

Whether you like it or not, the project will be there forever.

Lastly, we are in Nigeria and not in Dubai

sript:



After you treated it...hope you felt better afterwards...

Just curious

Yes, I did. And I was much careful afterwards. It was around mid 2020 and escalated around January 2021. I was even told to go for a scan to confirm it. After that treatment (it wasn't easy due to the number of drugs, especially the antibiotics that was prescribed for 2 weeks) I haven't had any serious episode of ulcer. So please, go to the hospital (na beg I dey beg) as the wound keeps widening if it is not treated quickly.

candidtalk:


Lol. USA is situating her biggest consulate in the entire Universe in Eko Atlantic. Abeg try and tone down the ignorance , bad belle and very obvious hate in your utterances.

Just answer this one question. Are you Igbo? Simple yes or no.

And embassy attracts real estate investors? What impact does the biggest embassy have in Nigeria?

Will more people visit Nigeria to see the embassy? How many people invest in property in dubai because of US embassy?

Most of you guys still feed from hand to mouth without any exposure or basic knowledge in business and investments.

thebosstrevor1:


You are just talking lot of trash.

People are already living in Eko Atlantic.

Some houses which are for rent or already being occupied.

Continue blabbing

Whether you like it or not, the project will be there forever.

Lastly, we are in Nigeria and not in Dubai

Isnt Tinapa in Nigeria forever? But its a failed project.


Do people still visit tinapa? YES.

Did it meet the expectations before investing? NO.

You are in Nigeria but sqm are sold in dollars. So why will a dollar investor choose EKO Atlantic over dubai?

How many years will it take to recover capital invested in Eko atlantic?

These questions are beyond your thinking.

Vulturereloaded:


Isnt Tinapa in Nigeria forever? But its a failed project.


Do people still visit tinapa? YES.

Did it meet the expectations before investing? NO.

You are in Nigeria but sqm are sold in dollars. So why will a dollar investor choose EKO Atlantic over dubai?

How many years will it take to recover capital invested in Eko atlantic?

These questions are beyond your thinking.

Tinapa is not a prime residential area.

Tinapa was a good idea but the location was not a prosperous place.

Cross river state is a civil servants state hence no money there, also, the increase in tax in tinapa killed it.

thebosstrevor1:


Tinapa is not a prime residential area.

Tinapa was a good idea but the location was not a prosperous place.

Cross river state is a civil servants state hence no money there, also, the increase in tax in tinapa killed it.

There is no middle class in Nigeria, the rich will not invest in Nigeria.

Foreign investors will not choose Eko Atlantic over dubai.

So who will then occupay the city?

Why does Aisha buhari and Atiku live in dubai? Cant they live in Eko Atlantic?

Vulturereloaded:


There is no middle class in Nigeria, the rich will not invest in Nigeria.

Foreign investors will not choose Eko Atlantic over dubai.

So who will then occupay the city?

Why does Aisha buhari and Atiku live in dubai? Cant they live in Eko Atlantic?

Ok.

Vulturereloaded:


And embassy attracts real estate investors? What impact does the biggest embassy have in Nigeria?

Will more people visit Nigeria to see the embassy? How many people invest in property in dubai because of US embassy?

Most of you guys still feed from hand to mouth without any exposure or basic knowledge in business and investments.

Lol. Are you Igbo? Simple yes or no. Answer that first and we take it from there. Otherwise don't bother quoting me again.

candidtalk:


Lol. Are you Igbo? Simple yes or no. Answer that first and we take it from there. Otherwise don't bother quoting me again.

Is that where u want to hide your ignorance and lack f exposure?

I am igbo and enlighten investor. Do you have a problem with that?

Now, where in the world has US embassy driven real estate investment?

thebosstrevor1:


You are just talking lot of trash.

People are already living in Eko Atlantic.

Some houses which are for rent or already being occupied.

Continue blabbing

Whether you like it or not, the project will be there forever.

Lastly, we are in Nigeria and not in Dubai

If you read between the lines you will note him and the OP are just ranting inobjectively and emotionally out of hatred for Tinubu and Lagos. Nothing more and nothing less.

Vulturereloaded:


Is that where u want to hide your ignorance and lack f exposure?

I am igbo and enlighten investor. Do you have a problem with that?

Now, where in the world has US embassy driven real estate investment?

No problem with your ethnic origin. It simply informs me you're a hater not worth indulging as you're born that way.

When your professors can queue blindly behind a drop-out called Kanu, out of ethnocentric sentiments, then it is in line you argue lamely too over anything to do with Tinubu, Lagos and Yorubas.

You're obviously very bigoted but I'll indulge your ethnocentric mischief.

https://www.google.com/amp/s/businessday.ng/amp/news/article/why-new-us-consulate-office-in-eko-atlantic-is-strategic-to-citys-devt/

Why new US Consulate office in Eko Atlantic is strategic to city’s devt


The new US Consulate General’s office to be built in Eko Atlantic City in Victoria Island, Lagos is quite strategic to the development of the city, fresh insights on the new office facility have shown.

The new consulate office for which the United States government has approved a huge contract sum for its building will be sitting on land area measuring 12.2 acres which is approximately 49,372 square metres, making it an anchor project in that city still struggling to achieve its dreams.

“Developers trying to create new cities typically require an anchor project or a major attractor of other activities and players to spur further development activity,” Dolapo Omidire, CEO, Estate Intel, explained to BusinessDay. He noted that, so far, most of the development activities within Eko Atlantic have been in the residential sector, and that has not quite done the job.

According to him, what is typically required in a large development like Eko Atlantic is a major regulator, the head office of a major bank/other relevant companies, or even a consular of a major country for the project to move with quick steps.

“All of these have the capacity to encourage other businesses to come,” he said, supporting an earlier revelation by Evelyn Edumoh, COO, Arkland Group, who told BusinessDay in an interview that their two developments in Eko Atlantic have encouraged more local investors to take position in the city.


The Bureau of Overseas Buildings Operation, which announced the Design-Build Award for the new project, says $319 million, about N159 billion, would be committed to building the new facility that promises a lettable space of 14,685 square metres.

The new office, whose aim is to provide a modern, resilient platform for diplomacy in Nigeria, is expected to be completed in 2027, according to its promoters. It has Pernix Federal, LLC of Lombard, Illinois, as the main contractor while the design architect is Ennead Architects of New York.

Though the date for construction work to begin on the office complex is yet to be announced, the consulate office is expected to be completed in 2027and, upon completion, it will feature Programme Offices, Consular Services, Cafeteria, Multipurpose Room, Recreational Facilities, Warehouse, Shops, Entrance Pavilions, Parking Garage, Utility Building, Boat Dock and Pedestrian Bridge.

Former US Consul General, F.John Bray, had disclosed, when signing agreement with South Energyx Nigeria for the land purchase, that the new office building was not an immediate term project. He explained that Eko Atlantic was selected for the new office building because of the city’s world-class infrastructure.

“Purchase of land for a new Consulate General will ensure we can continue to work with Nigerians to provide opportunities for economic growth and development in Lagos,” Bray noted, adding, “the United States is proud to be participating in Eko Atlantic’s growth as part of our commitment to further enhance and strengthen the cooperation between us and Nigeria.”

Gilbert Chagoury, founder/chairman of the Chagoury Group, noted that, by this development, United States has joined the league of high profile property buyers in Eko Atlantic City with its top-of-the-range and self-sustaining infrastructure.

Interest in the island city has been quite encouraging from both foreign and local investors. According to Ronald Chagoury Jnr, Vice Chairman, South Energyx Nigeria, activities at a time were slow in the city which reflected the economic slowdown in Nigeria, but have picked up dramatically with average of three visits per day by potential investors.

Chagoury Jnr had told BusinessDay, during a tour of the city, that Eko Atlantic represented what was possible to bring a turnaround in Nigeria’s economy, explaining that all that the country needed to witness growth was to get it right in the critical sectors of the economy including oil and gas, health, education, housing and infrastructure.

“We have provided prime land and infrastructure at no cost to the government. All that developers and investors need is to come and start planting houses”, he added, pointing out that the city was designed as mixed use development for residential, commercial and retail developments.

candidtalk:


If you read between the lines you will note him and the OP are just ranting inobjectively and emotionally out of hatred for Tinubu and Lagos. Nothing more and nothing less.

In other words after 13 year the project is what it was expected to be?

candidtalk:


No problem with your ethnic origin. It simply informs me you're a hater not worth indulging as you're born that way.

When your professors can queue blindly behind a drop-out called Kanu, out of ethnocentric sentiments, then it is in line you argue lamely too over anything to do with Tinubu, Lagos and Yorubas.

You're obviously very bigoted but I'll indulge your ethnocentric mischief.

https://www.google.com/amp/s/businessday.ng/amp/news/article/why-new-us-consulate-office-in-eko-atlantic-is-strategic-to-citys-devt/

I asked u a simple question and you are posting a link for marketers of the project.

I said where in the world is the US embassy a driver for real estate investment?

Or people chose to invest in a country or location because the US has a big embassy there?

How safe will people living there be as the standard of living of the people in the country go down?

Are bandits not about to overrun Abuja?

Exciting project.

candidtalk:



I think others can now see I was right all along. From discussing the merits or otherwise of a grand project, you have now gone into a bitter tirade about Tinubu and Buhari.

Obvious this was your 'bad belle' motivation from the beginning you thought you could hide with polite words and pretence.

You bigoted haters are the same. At the end of the day, it's a free world. You keep thrashing Eko Atlantic because you associate it with Tinubu.

I will keep doubling my effort in the drive to purchase units there. Each to their own.

You see?

You left every vital issues I raised and went on unwarranted vitriolic.

For you, you must defend the Eko ScamAtlantic City because it’s business for you; you are possibly an agent for one of the owners of the empty towers there who are trying to package it and sell or lease to unsuspecting public.

It’s the reason you are mad at a bad PR for the failed elitist project.

Guess what? When someone googles Eko Atlantic City, this thread will be part of what will pop up to show the scam that Tinubu and his urchins perpetuated there.

Nigerialabalaba:
Bad belle omo ibo, eko atlantic land wey no even reach ultra HNI people sef. Place wey people don dey live and work now for up to 10 years!
Mesef sabi 5 people wey d place na dem permanent residence for black pearl towers. olodo omo ibo oshi.

instead make u go find beta work do, u dey hear dey worry about tinubu wey bigger pass ur whole iboland.

Omo ibo OP, eko atlantic no be ur mate or iboland mate o.

https://pmnewsnigeria.com/2019/05/15/us-buys-1000-hectares-of-land-in-eko-atlantic-city-to-relocate-consulate/?amp=1

Wetin concern ibos for this post now.
This hatred is so obvious.
You will die of BP ooooo

Free yourself and make your budden light

Headachetoigboh:




Wetin concern ibos for this post now.
This hatred is so obvious.
You will die of BP ooooo

Free yourself and make your budden light

Their masters legacy project have failed, and they want to blame Igbo's.

IamAsiri:


Yes, I did. And I was much careful afterwards. It was around mid 2020 and escalated around January 2021. I was even told to go for a scan to confirm it. After that treatment (it wasn't easy due to the number of drugs, especially the antibiotics that was prescribed for 2 weeks) I haven't had any serious episode of ulcer. So please, go to the hospital (na beg I dey beg) as the wound keeps widening if it is not treated quickly.

Thanks so much for this...
I'm more than greatful for your advice and encouragement

First thing tomorrow morning I will be at the hospital

izombie:

The way you people reason is pathetic. You just can't help yourself to show your hatred towards a certain people. How did you bring obi into this? What concerns obi or igbos with this?
This nairaland is toxic. Maybe i should just quit this forum. Lot of hate here.

So, what is the motive of the op if not to cast aspersion on Lagos and Tinubu? Everybody is complaining about the attitude of Obis supporters. The other day Obi himself iwas concerned. This is very annoying. Even if Tinubu sneeze they would open a thread. If power must go to the East can you do it alone?

thebosstrevor1:


100% from what i understood

as far as 2015, land prices were U$1,800 per square metre for inner city plots while plots located along the road and waterfront were at US$2,500 / sq. m and US$3,000 / sq. m.

everything have been bought and now land speculators have taken over selling land *8 of initial price

Sorry I could not reply you yesterday. While I don't think you are lying, your claim of 100% sold out is very strange from an economic reason. Let me tell you why.
Imagine a business, a mall, bank, hotel, or school buys land in Eko Atlantic.
First, the would secure a bank loan. Because the project is in Nigeria, it would be a double digits interest loan.
Let's assume the company buys the land for $1 million. For every year the property is not functioning, they loss about $100k.
No one operates business like that.
If the property is 100% sold out then there is clearly a major challenge preventing businesses from developing their plots.

Thedon22:

So, what is the motive of the op if not to cast aspersion on Lagos and Tinubu? Everybody is complaining about the attitude of Obis supporters. The other day Obi himself iwas concerned. This is very annoying. Even if Tinubu sneeze they would open a thread. If power must go to the East can you do it alone?

The Tinubu supporters are as bad or maybe worse. The problem is that the Obi Supporters are making them uncomfortable.
Don't forget, it was Tinubu himself that cursed people to labour till death.
Obi on the other has has always called for peace.
Tinubu supporters call every Obi Supporter Ipob. Yet they keep complaining that they are being insulted.