₦airaland Forum

Bovis:
I buy old and dilapidated buildings and rebuild them for a living. I have a demolition company I use to dismantle the old structures and it’s not unlawful for private contractors to do so. Therefore, Obi should have settled the case through the courts without dragging the Lagos state government into his land dispute

Euromillion200:
Interesting enough that you brought the Landmark's issues here,I'm still in shock that they destroyed the Landmark company, no matter what and how it started, the government should've tried to meet them halfway by putting systems in place to regularise the property instead of demolishing them. Imo

emkz:
How was the $30 million spent?

Apparently, the most expensive asset demolished there is the swimming pool.

From the internet, the cost of a swimming pool is as follows:

Acrylic Pool ₦12,000,000 – ₦60,000,000
Concrete Pool ₦3,000,000 – ₦12,000,000
Fiberglass Pool ₦1,500,000 – ₦5,000,000
Vinyl-lined Pool ₦1,500,000 – ₦3,500,000
https://viscorner.com/costs/cost-of-swimming-pool-construction-in-nigeria/

Let's say each gazebo costs ₦500,000. There are about twenty of them there. That works out to about ₦10,000,000. I see three buildings. Let's put them at the cost of ₦20,000,000 each as at 2006. Assuming the swimming pool costs ₦80,000,000 to build + ₦10,000,000 for gazebos and ₦60,000,000 for building, that works out to ₦150,000,000. Using an exchange rate of USD$1 = ₦1,600; that works out to USD$94,000. Okay, let's use the exchange rate of the naira to the dollar as at eighteen years ago, since the CEO of Landmark claimed it was an investment made in 2006. Obviously, prices were way cheaper then. Using an exchange rate of 184 naira to the dollar, that works out to USD$816,000. Experts can argue for inflation and price fluctuations.

Clearly, the costing shows that the investment demolished is between 0.03% to 3.125% of the $30m investment claimed by the Landmark CEO. Of course, many bought it and ran with it. Didn't this same Landmark CEO claim that his $200million investment was in jeopardy?

At this time, the Landmark CEO owes evidence on how what was demolished amounted to $30million.

I raised some salient issues some 8 months ago as follows:


In saner climes, the Landmark CEO would be in jail for allocating government and public property to himself.

frank417:
false!

A house owner in Nigeria cannot use the property for whatever they like or demolish it without government consent. why do you think LASG is looking into it?

1. Can an owner use the property for anything?
No. Use is limited by local zoning, planning, and development laws. Under the Land Use Act (1978), land is held by the state governor in trust. You only have a right of occupancy, not absolute ownership (Section 1).

To use a property for commercial, residential, or other purposes, you must get proper approvals from planning authorities (e.g., building plan, change of use permit).

2. Can an owner demolish their building without government consent?
No. Even for demolition, you need approval from your state’s building control agency. Unauthorized demolition can attract sanctions under state urban planning laws.

Basic123:
Why must they answer him?
Who is he in the scheme of things?

viqSmallz:
Big praise that unknown people can demolish houses in Lagos without authorisation?

Basic123:
Why must they answer him?
Who is he in the scheme of things?

frank417:
false!

A house owner in Nigeria cannot use the property for whatever they like or demolish it without government consent. why do you think LASG is looking into it?

2. Can an owner demolish their building without government consent?
No. Even for demolition, you need approval from your state’s building control agency. Unauthorized demolition can attract sanctions under state urban planning laws.

aribisala0:
What does this have to do with Peter Obi?

How is it his business?

The government is investigating BECAUSE he mad Claims About Government Involvement that suggested he and his family are being persecuted

Do not misrepresent reality

Government is not investigating primarily because of unlawful demolition

emkz:
We have had southeastern politicians who are decent. Do you remember Dr Alexander Ifeanyichukwu Ekwueme? The man who had 7 degrees including degrees in history, architecture, sociology, law, philosophy. He was a millionaire and ran with Shehu Shagari. After Shehu Shagari ws toppled, nothing was found on Alex Ekwueme.

The southeasterners are hardworking and entrepreneurial. They have produced some of the best brains in Nigeria. However, Peter Obi is not the best to offer for a national project.

Charles Soludo is a presidential material. Alex Otti, not yet, but can be. David Umahi is a good ambassador. DIG Frank Mba has acquitted himself well. Yet, some of them disgraced themselves, like Maurice Iwu, Simon Ekpa, Evan Enwerem, and Peter Obi.

Moroccoguy:
We are still waiting for the acclaimed owner to come and provide the documents he has.

NgeneUkwenu:
So who demolished the property without government's authorisation? Where is the demolition order?

naptu2:
Previous threads:

Peter Obi Laments Demolition Of Brother's Business Property In Lagos (Photos)
https://www.nairaland.com/8459174/peter-obi-laments-demolition-brothers

Demolish Property: Records Say That Peter Obi's "Brother" Isn't The Owner
https://www.nairaland.com/8459808/demolish-property-records-say-peter

Don't Mislead Nigerians – Land Owner Confronts Peter Obi
https://www.nairaland.com/8460170/dont-mislead-nigerians-land-owner

Olabest911:
Hmmmmb

Our so called messiah!

Chickensoup:
So some people come to demolish your house and you will not ask who they are, who sent them or the authorization for the demolition?

Ipisi:
Dirty politics to suffocate and slicence Peter obi has started

Yeye dey smell for Lagos




contact details (email, phone, bbpin) or investments.

NgeneUkwenu:
So who demolished the property without government's authorisation? Where is the demolition order?

Obaofaba:
Obi is a disgrace to adulthood.

I can't imagine a supposed former governor behaving like a tout.

No decorum, lack due diligence, overpowered by his greed to the presidential stool.

Obi can not rule over me.

positivelord:
U mean somebody demolished a building without authorization from Lagos government and there is no outrage on their part...

casualobserver:
Anything i posted is freely available on the internet. the problem is our press and our citizens are generally not very intelligent or resourceful but instead very gullible!

The information i revealed was from Peter Obi's own mouth in his channels Tv charade! he is the one who said the company is next foods, he is the one who said "owned for 15 years". the information about the woman when she bought the land and from whom etc is available all over the internet. It was even posted several times on nairaland! but people dont read!

The only thing i had to do was check who is listed as the owners of next foods. there are many websites that will give you the owners of any compnay for free.

the one i used was

https://ng-check.com/

Basic things look like rocket science or insider info because people dont engage their brains!