₦airaland Forum

lastpage:
Your inputs above makes a lot of sense. I salute you.


To be "brutally honest" with you, we live in an environment where "self first and greed" have overtaken any sense of morality/good values/human betterment that we have left.
Everyone thinks first about not just how much they would make but how they can do so without giving ANYTHING back into the system!

If you compare our private investors to their counterparts in US/Europe, you will see the wide difference.
Ours just want to make stupendous wealth (so they can flaunt it and oppress the less privileged : e.g those who took over Govt assets like Nitel, NICON, Steel Mills, Discos, e.t.c) at the expense of the poor

But their counterparts in those foreign lands always think first, how they can mass-produce for the public, satisfy a yearning "gap of need" and then GRADUALLY MAKE MONEY from it over a LONG TIME.
They are long-sighted while the Nigerian private sector/investor is acutely short-sighted.

This is why you cant have the likes of Sir Richard Brandsten who has been funding space vehicle researches, multiple delivery/re-entry vehicles even when he knows that he may keep spending for the next ten years without a single "kobo" coming back-in. But he knows that once he succeeds, the financial profit would roll-in like a flood! (Mugun importing nations like Nigeria will be the first to queue-up that they want to BUY solutions, with the forex we dont even have )

The Nigerian private investors/Mogul is interested in only short term projects and that is why you wont find them investing in building a Power Plant (aside those micro projects they call micro-plant that will provide power for just one company or street and be completed in a very short time so they can start getting paid back within one year! )

In essence, funding of MAJOR, public projects like Power is a Govt DUTY.
I think the U.K Govt contracted to build another Nuclear Power plant last year, seeing that power demand may increase in the nearest future and some of the present plants are aging.
That is "foresight and responsibility" by a GOVT.
On completion, Govt will break it into manageable parts (generation, Transmission, distribution, e.t.c) and sell it to private investors, who will then sell the power to the public and other end users.

It is not generally the position of private investors to invest in very capital-intensive projects whose ROI (Return on Investment) comes in bits and will take a long time.

We can also factor in the problems of "standardisation" as you can see in the Roads done by our local Companies! Asphalt that should be Eight inches thick on a major road is reduced to less than One inch thickness with the result that any small rain like this, the road quickly develops Pot-holes and fails. Such example litters the whole place within Nigeria.

The point l am making is that Govt MUST DO certain things, complete it and then hand-it-over to (sell) to those who are profit minded and are better able to ensure the "profit" comes out of it.
Waiting on these FDI's and Private investors (I have been hearing those terms since 1985 when Babangida came into power but more since the Civilians took power) has proved to be an endless wait. They just sign MOU and never do anything beyond that.

It is the duty of Govt to kick-start the economy with "Capital spending" on infrastructures like Power, Steel Mills, Petro-Chemical Plants, Roads (If not for Govt, we will never build the 3rd Mainland Bridge and Private investors have not been able to build the 4th Mainland bridge, despite the big grammar we have been hearing since 1999! ), e.t.c.

When Govt does its part, the Citizens will have no choice that to leverage on it, produce goods and services, reduce importation of such goods, export locally manufactured items (thereby generate more FOREX and improve the exchange rate of the Naira), create Jobs for million sof able-bodies citizens, reduce level of insecurity as more people get gainfully employed and the attendant benefits goes on-and-on.

I pray we will have leaders with such simple vision




Lastpage!

lastpage:
Your inputs above makes a lot of sense. I salute you.

To be "brutally honest" with you, we live in an environment where "self first and greed" have overtaken any sense of morality/good values/human betterment that we have left.
Everyone thinks first about not just how much they would make but how they can do so without giving ANYTHING back into the system!

Human are generally greedy, we exploit the environment, animal, less privileged, device system like capitalism that is epitome of greediness, build banking sector, insurance policy and general economic model that reward criminal better than hardworking people

If you compare our private investors to their counterparts in US/Europe, you will see the wide difference.
Ours just want to make stupendous wealth (so they can flaunt it and oppress the less privileged : e.g those who took over Govt assets like Nitel, NICON, Steel Mills, Discos, e.t.c) at the expense of the poor

The western countries like north america and Western Europe have infrastructure advantage that was built several centuries ago by stealing other peoples resources " especially countries third world nation in africa, south America and Asia. Capitalism in the west breed inequality, volatile banking sector, modern day slavery where people work for cooperation all their life , outsourcing of middle income class job to Asia and poorer nation. USA is a classic example of a country of where 5% of the population controls more than 50% of the nation wealth.

What we have in Nigeria and other third world nation are state carve out by the west without identity, nation state that worry about middle eastern God than meaningful development.
People with mentality of get rich as quick as you can, nation with widespread corruption, nepotism, illiteracy and general poor outlook to life.

But their counterparts in those foreign lands always think first, how they can mass-produce for the public, satisfy a yearning "gap of need" and then GRADUALLY MAKE MONEY from it over a LONG TIME.
They are long-sighted while the Nigerian private sector/investor is acutely short-sighted.

The west have a system that work for the elite and put enough food in the table of the poor to keep them revolt. The western entrepreneur are always after profit and ways to invade tax, they outsource job to poorer nation where working condition for workers are very poor.


This is why you cant have the likes of Sir Richard Brandsten who has been funding space vehicle researches, multiple delivery/re-entry vehicles even when he knows that he may keep spending for the next ten years without a single "kobo" coming back-in. But he knows that once he succeeds, the financial profit would roll-in like a flood! (Mugun importing nations like Nigeria will be the first to queue-up that they want to BUY solutions, with the forex we dont even have )

The Nigerian private investors/Mogul is interested in only short term projects and that is why you wont find them investing in building a Power Plant (aside those micro projects they call micro-plant that will provide power for just one company or street and be completed in a very short time so they can start getting paid back within one year! )

Building a power plant requires lots of money, we are talking billions of US dollars. We don't have organized private sector that can finance them, simply because our banking sector don't have the capital for these kind of project. return on investment is too low simply because we subsidized for everything in Nigeria. The political landscape is not too stable for any one to commit such amount of money building a power plant.

In essence, funding of MAJOR, public projects like Power is a Govt DUTY.
I think the U.K Govt contracted to build another Nuclear Power plant last year, seeing that power demand may increase in the nearest future and some of the present plants are aging.
That is "foresight and responsibility" by a GOVT.
On completion, Govt will break it into manageable parts (generation, Transmission, distribution, e.t.c) and sell it to private investors, who will then sell the power to the public and other end users.

Nation government that have the capital to build enough power plant. people don't really know how poor Nigeria is. Nigeria is a country of over 180m whose total budget is less than US30billion, with a power demand of over 80 thousand megawatt of electricity. To generate 1,000 megawatt one need about a billion dollars. with our current capacity of less than 10 thousand, we will need to spend more than US70billion on electricity generation alone, apart from distribution, transmit ion lines, gas pipeline to service the power plant etc....We just don't have the resources to generate enough electricity for domestic consumption, what we need to do is open up the sector for foreign direct investment .

It is not generally the position of private investors to invest in very capital-intensive projects whose ROI (Return on Investment) comes in bits and will take a long time.

I am in total agreement with this point sir.

We can also factor in the problems of "standardisation" as you can see in the Roads done by our local Companies! Asphalt that should be Eight inches thick on a major road is reduced to less than One inch thickness with the result that any small rain like this, the road quickly develops Pot-holes and fails. Such example litters the whole place within Nigeria.

I think corruption is the problem here, all those road done by private local film have civil servant from ministry of works as consultant, their role is to guild the firm and make them do what was agreed on the bill of quantities.

The point l am making is that Govt MUST DO certain things, complete it and then hand-it-over to (sell) to those who are profit minded and are better able to ensure the "profit" comes out of it.
Waiting on these FDI's and Private investors (I have been hearing those terms since 1985 when Babangida came into power but more since the Civilians took power) has proved to be an endless wait. [b]They just sign MOU and never do anything beyond that.

FDI is still the way to go, we don't enough capital, making our country attractive to inflow of the needed capital will help to build our economic

It is the duty of Govt to kick-start the economy with "Capital spending" on infrastructures like Power, Steel Mills, Petro-Chemical Plants, Roads (If not for Govt, we will never build the 3rd Mainland Bridge and Private investors have not been able to build the 4th Mainland bridge, despite the big grammar we have been hearing since 1999! ), e.t.c.

We just don't have the capital. As a nation we need more railway network, more highways, more sea port, more university of technology, more infrastructure... all these with limited revenue, in a country where our recurrent expenditure is over 70% of our budget.

When Govt does its part, the Citizens will have no choice that to leverage on it, produce goods and services, reduce importation of such goods, export locally manufactured items (thereby generate more FOREX and improve the exchange rate of the Naira), create Jobs for million sof able-bodies citizens, reduce level of insecurity as more people get gainfully employed and the attendant benefits goes on-and-on.
[/b]

We don't have enough resources to put in place infrastructure that will help us industrialized and we have citizen that are import oriented, we will need more than massive investment in infrastructure to make nigeria and export oriented nation.

I pray we will have leaders with such simple vision

Prayer don't build a nation sir...We will remain poor, ignorant, underdeveloped if we keeping look at sky daddy to brink us visionary leaders. We need to look visionary leaders to lead us





Lastpage!

4nobody4every1:
Spot on, to even think that the presidency of Obasanjo pumped billions into the power sector during his regime and it got embezzled by middle men and contractors is sickening, can Nigerians ever enjoy 24 hours round the clock power supply?.......l doubt, maybe in the here-after because with the kind of wicked politicians we currently have in the National assembly who are self centered, paddling budget to there own advantage, and looking for every loophole in the system to embezzle more money, it will be nearly impossible to have constant electricity in Nigeria, other nations are planning & thinking of driver-less vehicles, space exploration etc to benefit humanity, Nigeria government is thinking of how to produce pencils, akara, guguru , amala & ewedu, suya & onions, biscuits and bread

lastpage:
In essence, funding of MAJOR, public projects like Power is a Govt DUTY.
I think the U.K Govt contracted to build another Nuclear Power plant last year, seeing that power demand may increase in the nearest future and some of the present plants are aging.
That is "foresight and responsibility" by a GOVT.
On completion, Govt will break it into manageable parts (generation, Transmission, distribution, e.t.c) and sell it to private investors, who will then sell the power to the public and other end users.

Lastpage!

abdulwastecx:
Obasanjo spent about US16 billion dollars on power ( majority of which was stolen by Obasanjo). Nigeria really need to invest massively into technical and engineering education, when people are educated and equipped with the right form of form of information, they use this information to developed their society.

Leaders are product of the society, we worry too much about ethnicity, religious difference while selecting those that will lead.
Our immediate needs as a third world nation is food security, infrastructure development, power generation and eradication of poverty....after all these are solved then we can start talking about driver less vehicle or space exploration

Lol @ Obasanjo stole majority, well, l am not his spokesman, like we all know in Nigeria, none of our leaders are saint although l will score OBJ above average during his time because of the Paris club that wrote of our debt due to his doggedness and the then finance minister, all he saved was frittered away by the PHD man from Bayelsa and his cronies, be that as it may, let me leave that for now .

l agree with your second bold but we have billions budgeted for the same issue yearly that ends in private pockets of criminals like Dasuki and co, until we begin to hold our leaders accountable and the necessary legal system strengthened to punish wrong doings, Nigeria as an entity might continue to go in cycles, l have been hearing the same budget been presented yearly and yet the country is in auto reverse....

lastpage:
Your inputs above makes a lot of sense. I salute you.

To be "brutally honest" with you, we live in an environment where "self first and greed" have overtaken any sense of morality/good values/human betterment that we have left.
Everyone thinks first about not just how much they would make but how they can do so without giving ANYTHING back into the system!

If you compare our private investors to their counterparts in US/Europe, you will see the wide difference.
Ours just want to make stupendous wealth (so they can flaunt it and oppress the less privileged : e.g those who took over Govt assets like Nitel, NICON, Steel Mills, Discos, e.t.c) at the expense of the poor

But their counterparts in those foreign lands always think first, how they can mass-produce for the public, satisfy a yearning "gap of need" and then GRADUALLY MAKE MONEY from it over a LONG TIME.
They are long-sighted while the Nigerian private sector/investor is acutely short-sighted.

This is why you cant have the likes of Sir Richard Brandsten who has been funding space vehicle researches, multiple delivery/re-entry vehicles even when he knows that he may keep spending for the next ten years without a single "kobo" coming back-in. But he knows that once he succeeds, the financial profit would roll-in like a flood! (Mugun importing nations like Nigeria will be the first to queue-up that they want to BUY solutions, with the forex we dont even have )

The Nigerian private investors/Mogul is interested in only short term projects and that is why you wont find them investing in building a Power Plant (aside those micro projects they call micro-plant that will provide power for just one company or street and be completed in a very short time so they can start getting paid back within one year! )

In essence, funding of MAJOR, public projects like Power is a Govt DUTY.
I think the U.K Govt contracted to build another Nuclear Power plant last year, seeing that power demand may increase in the nearest future and some of the present plants are aging.
That is "foresight and responsibility" by a GOVT.
On completion, Govt will break it into manageable parts (generation, Transmission, distribution, e.t.c) and sell it to private investors, who will then sell the power to the public and other end users.

It is not generally the position of private investors to invest in very capital-intensive projects whose ROI (Return on Investment) comes in bits and will take a long time.

We can also factor in the problems of "standardisation" as you can see in the Roads done by our local Companies! Asphalt that should be Eight inches thick on a major road is reduced to less than One inch thickness with the result that any small rain like this, the road quickly develops Pot-holes and fails. Such example litters the whole place within Nigeria.

The point l am making is that Govt MUST DO certain things, complete it and then hand-it-over to (sell) to those who are profit minded and are better able to ensure the "profit" comes out of it.
Waiting on these FDI's and Private investors (I have been hearing those terms since 1985 when Babangida came into power but more since the Civilians took power) has proved to be an endless wait. They just sign MOU and never do anything beyond that.

It is the duty of Govt to kick-start the economy with "Capital spending" on infrastructures like Power, Steel Mills, Petro-Chemical Plants, Roads (If not for Govt, we will never build the 3rd Mainland Bridge and Private investors have not been able to build the 4th Mainland bridge, despite the big grammar we have been hearing since 1999! ), e.t.c.

When Govt does its part, the Citizens will have no choice that to leverage on it, produce goods and services, reduce importation of such goods, export locally manufactured items (thereby generate more FOREX and improve the exchange rate of the Naira), create Jobs for million sof able-bodies citizens, reduce level of insecurity as more people get gainfully employed and the attendant benefits goes on-and-on.

I pray we will have leaders with such simple vision

Lastpage!

spyder880:
Compare the looks it has on buildings. .....

msogunro:
I've checked every Google product on android, ios, and desktop. All show the entire area as bush, when most of it was cleared earlier this year. I also don't see a toggle to view by year.

You can modify your post.

mufutau55:
Oga Spyder... all those tall buildings got elevators/lifts? Or people has to climb stairs to the 5th floor?

Hajji M.

spyder880:
Oga, there is no lifts here o. The top apartments are usually taken by those who need to "exercise" everyday

mufutau55:
Oga Spyder... all those tall buildings got elevators/lifts? Or people has to climb stairs to the 5th floor?

Hajji M.

spyder880:
Oga, there is no lifts here o. The top apartments are usually taken by those who need to "exercise" everyday

spyder880:
@ erico2k2, these are some of the types of arcs we have in some Nigerian buildings, answering your question from one of my threads Sir.

spyder880:
We usually look up new styles everyday, agree with clients to change existing designs and introduce new ones according to the building type........ The arc, most times defines the look of the building.

twinskenny:
lift ke.. wetin go power am

abunafiu:
Next stage is plumbing.
Since I am also an electrical person, I I have done all the electrical conduit piping.
I intend to power my home with 100% solar.

Abdulwastecx, hajji M thanks
Hajji might have forgotten, I once consulted him a long time ago, I never knew he wasn't based in Naija.

All funds have been exhausted so waiting for any miracle to continue the building.

mufutau55:
Glad things are working well. Of course I remembered you. You will sure complete it in good health In-sha-Allah.

Hajji M.

abunafiu:
I am glad you remembered me sir.
Barka Da Sallah.
I want you to personally thank abdulwastecx on my behalf.

mufutau55:
Sure. I told you Abdulwastecx and Podosci are good people. I am sure they are reading your "Thank You" here too.
Se Afonja wa dada o? Barka de Sallah and God bless.
Thanks for the update sir.

Hajji M.

abunafiu:
Next stage is plumbing.
Since I am also an electrical person, I I have done all the electrical conduit piping.
I intend to power my home with 100% solar.

Abdulwastecx, hajji M thanks
Hajji might have forgotten, I once consulted him a long time ago, I never knew he wasn't based in Naija.

All funds have been exhausted so waiting for any miracle to continue the building.

abunafiu:
If you observe closely, every thing in the house was done according to design except the roof.
Even the water tank was erected as planned.

Pls take note: in case you discover any error, I Abdulwastecx is not responsible for that as he never visited the site in person. He passed instructions to me and I inturn pass it access to the bricklayers.

Reading from various threads on the property section equipped me to be able to Interprete abdwastecx to best of my ability.

I was waiting for a time when this thread will be cleared of all types e~quarrel so that I can post to inspire others.

Edit: the Burglary in the entrance was also not part of the design, we are anticipating that we may not have a fence by the time the house is occupied.