bullicom:
Dear MMM Nigeria Participants,
If you are interested in getting your money being held in MMM Nigeria.
Please send your email and phone number to MMMrefunds@yahoo.com
Thank you.

babyvoice1990:

There are a number of crucial documents

1. Receipt

2. Approved survey plan

3. Approved layout

4. Power of Attorney

5. Deed of assignment

6. Certificate of Occupancy ( C of O)

I would categorize the people from which you can buy any parcel of land into three: An estate developer, an individual & directly from the family who claims to own the land. If you are dealing with an estate developer (buying within an estate), you should ask for the approved survey plan, approved layout, the power of attorney and the global C of O. If you are buying from an individual or company (one who has bought and wishes to resell), you should ask for the receipt, deed of assignment, approved survey plan and C of O.

Buying directly from the family who claims to own the land is quite tricky. This is because it is difficult to determine the true owners of the land especially when the documents showing ownership haven’t been processed.

Where the documents haven’t been processed, there are no documents to show authenticity and a prospective buyer has to really a great deal on word of mouth from the members of the community to ascertain the true owner(s) of the land in question.

When the documents have been processed, they should provide you with the approved survey plan, approved layout (where the land is a large one and is being sold on a per plot basis) and the C of O.

From my experience, families usually don’t go to the length of processing their C of O. Reason being that they hope to sell off their land in the near future thus only do the absolute minimum required to show authenticity, in this case the approved survey plan and layout, then passing it on to the buyer who would go on to perfect his/her title on the land.

NOTE: It is very important that you have a good property lawyer before embarking on land/property purchase. Reason being that your lawyer is the one who ensures that you don’t run into legal trouble with land/property documents after purchase. It’s your lawyer’s job to verify the authenticity of any title document backing the land/property.

PROPERTY SEARCH
Under the Lagos State Land Bureau:

Conducting a Search:
• Application submitted with affidavit of purpose (searches are conducted using the following criteria: – Name of Owner, Registration Particulars, Address of Property and Survey Plan.
• Letter of Authority (where applicable)
• Endorsement
• Bill for payment of Search Fees
• Tender Tellers
• Conduct Search

Work Flow for Registration of Title:
• Confirmation of all payment receipt (by Accounts Department)
• Collection of Form A13 from the Office of Registrar of Titles by Applicant – 1 day
• Duly completed Form A13 with supporting documents are submitted by Applicant to the Office of the Registrar of Titles
• A registration number & application number are issued to a certified application – 1 day
• Notice are prepared for interested parties signatures
• Reply to Notice is received and Draft Entries prepared
• An approved Notice is e-mailed /posted by registered post to applicant
• Prepared Notice are forwarded to Registrar of Titles for approval of issuance of Notice to Applicant
• Approval of Draft Entries
• Typing & Binding of Title
• Final Indexing of Title
• File is sent via the Deputy Registrar of Titles to ROT for signature
• Registered Title delivered to applicant

Work Flow for Registration of Deeds
• Submission of Application with relevant documents for registration of Deed by Applicants
• Application with accompanying documents are checked and endorsed
• Satisfied application/document are issued with registration number
• Application sent for indexing
• Applicant file is send to Deputy Registrar of Titles for signature
• File is sent to Registrar of Titles for second signature
• Registered Deed is delivered

Work Flow for Registration of Certificate of Occupancy
• Certificate of Occupancy is sent with a covering letter from LUAD to Office of Registrar of Titles
• The file is sent to the C of O room to add a file jacket to the C of O Form
• C of O is sent to the Deputy Registrar of Titles for signature
• C of O is sent to Registrar of Titles for second signature
• The details of registered C of O is entered serially in a day book
• The registered C of O is entered is a dispatch book and sent to LUAD for collection by applicants

http://www.ibejulekkilawyer.com/documents-to-ask-for-when-buying-land-anywhere-in-nigeria/

flokii:
Now it's Aluko + Koro's words against fayose's.. interesting

I still wonder why Mr Jonathan hasn't said anything concerning this yet.. Glad he didn't continue tho. could av spelt doom for Nigeria

Godchild2015:
This is the second time I coming accross this word. Pls can someone explains the meaning of M M M?

tempest01:
I saw the current MMM advertised by a friend sometime back and I quickly waved it off as a scam as with the HYIP and other ponzi schemes.

https://www.nairaland.com/3321916/sec-warns-nigerians-dangers-mmm

Given this topic that was on the front page today, I saw some comments by people and it was noted that ''There is no pool of money with the current MMM and therefore they can't run away''.

Given the nature of their business, with no investments and the fact that they have put in resources in place to allow for this trade to happen, it is pertinent that one day or another, they will close down, and they won't go through that stress without duping people of their money. Seeing the topic today, I had to register and checkout how the model works , and also brainstorm on the eventual way the MMM operators will dupe those that are in the system.

I am giving a scenario here and though it may not play out the same way, there should be no denying the fact that one day - which i wll term as ''the day of reckoning''. the MMM site will shut operations and will try to make as much as possible from your funds before that.



Now here is the scenario. As there is no pool as someone rightly said, I registered and saw the mode of operation. It is worthy of note that the same MMM site runs in several countries:-

Nigeria
South Africa
India
Colombia
Turkey

So from my postulation, the fold-up will happen in a month - The month of reckoning-- across all MMM sites on that month because anything short of that will send panic to other countries and they won't maximize.

The scenario i see playing out is that the handlers will have bank accounts or agents in all countries of operations and in the month of reckoning, as there is no pool of money, all the ''get help'' requests will be paused - Not paused perse, but no ''get help'' request will go through and will be pending as they won't publish it.

Now the ''Provide help'' will be allowed to work, but the account shown will be that of the handlers of the site (or their agents) and people will keep providing help, but it goes to the scam account. Now this will go on for a month as you have to wait for a month to use your Mavro. The first people that will notice the scam will be the ''Get help'' People as they will keep waiting, but no help will come. Then ''Provide help'' people will come to know after a while and they MMM people will release a statement saying the ''business model experiment failed and they are shutting down''

Be wise Nigerians....

Alternative views and constructive arguments are welcome

chumakk:
The question is ---what do they do with the money within one month for it to gain 30%?

ellechrystal:
I hope the hunt includes the APC saints, because if it's the one sided battle you guys fight only opposition parties, then u ain't doing anything.

Abeg find our looters in APC , abeg

alabashop:
do you need consumer electronics,electrical materials(low voltage and high voltage)furniture items,kitchen,laundry and bakery equipment ? you can get all these at the best prices from the Alaba international market !

though the market has a very negative image as a place populated by dealers of fake and pirated items,genuine businessmen and authorized manufacturers representatives can also be found in the market !

you can get the best prices of electronics here ,it always baffles me that items sold here for between 5-6 thousand naira can be sold at the popular Shoprite mall for over 20 thousand(and of course they would say their prices are the lowest).same product quality !

so if you need anything(consumer electronics,electrical materials(low voltage and high voltage)furniture items,kitchen,laundry and bakery equipment ) we can help you source for it !

visit our office:
Electric City ventures suite 23 okeke plaza alaba international market ojo-Lagos
call Peter:08032804551,cityelectrik@gmail.com website coming soon !
thanks

alabashop:
do you need consumer electronics,electrical materials(low voltage and high voltage)furniture items,kitchen,laundry and bakery equipment ? you can get all these at the best prices from the Alaba international market !

though the market has a very negative image as a place populated by dealers of fake and pirated items,genuine businessmen and authorized manufacturers representatives can also be found in the market !

you can get the best prices of electronics here ,it always baffles me that items sold here for between 5-6 thousand naira can be sold at the popular Shoprite mall for over 20 thousand(and of course they would say their prices are the lowest).same product quality !

so if you need anything(consumer electronics,electrical materials(low voltage and high voltage)furniture items,kitchen,laundry and bakery equipment ) we can help you source for it !

visit our office:
Electric City ventures suite 23 okeke plaza alaba international market ojo-Lagos
call Peter:08032804551,cityelectrik@gmail.com website coming soon !
thanks

tityboi:


Stay away from. Jumia.

You have read sellers experience here . it's left for you to learn. If you want to join E-commerce atall .try konga

seyipeters:
Need help setting up a new photo studio and don't know how to go about the Lightings etc. I'm willing to do it for free. Just Drop your email here and I'll contact.. What's my motive? I just love Studio Lighting.

irunooboo:
is this the nonsense called air craft How many of u will volunteer to fly this coffin Mtcheew

shawn5ng:
I have made this prediction before now it is coming to past. As at today dollar is 242/$1 Some people will be smiling to bank by now while some have loss alot of money by way of devaluation of naira. Wise ones will know that importation is not that attractive business any more cos the landing cost of imported goods have be overshoot with depreciating take home that can not take us home anymore.
Government should start focusing on local manufacturing of goods, agriculture and exportation. They should invest massively on these for the nation not to sink. If nothing is done, it might even go further to 300/$1 before the end of the year. Our money is now like pure water.

erunz:
if we talk now some people we be trying to defend this hopeless government. they said GEJ was clueless but things were never this bad during GEJ. my simple question is Wch economy direction have this government showed so far