₦airaland Forum

More pictures...

This thread is exactly as the subject suggests and is meant for you to have fun.
Enjoy viewing...

erico2k2: Pk seen.same system as the Govt help to buy scheem we av in the UK at the moment.Now 20% of howmuch? Did they state the minimum payment time?

No, but you have up to 20 years to repay the loan and you can access up to N20m.

deji47: Since it now has to do with you finding a house yourself can I who picked a 2bedroom flat find a 3bedroom as long as I can pay the 20% of the 3bedroom flat?
2) What if its a land you get, will they develop it or give the money to develop it yourself?
Thanks

My brother, I be applicant like any other person.
From what I read, it says applicant will choose a house, meet the requirements and the deal will be closed.
I think you should check the FAQ on their website (housingfinance.gov.ng) or contact them with your concerns and see if they will provide you with adequate information.

erico2k2: So technicaly if a person above 45 is a no no with this system cos he or she is out of service b4 the 20 years

You might be right but no mention was made about the age range. It might be a criteria for screening though.

tunai: So why don't they list the 17 primary mortgage institutes that are instructed to prequalify applicant so one can follow up

I honestly don't know and wasn't even thinking about that aspect. I'll see if I can find out the mortgage and financial institutions involved and post my findings.
Thanks for the question, I need an answer to that too.

Nostalgia wan kill me o. Chai, I no fit sleep again!

Your brother is better looking jare.

Raphew: Are these houses already been built and where are the locations? I applied too and I selected Oshodi-Isholo as my preferred area. someone should please educate me. Thanks

You would have to seek out a house within Oshodi-Isolo when you application is approved. The FG do not have any building they are selling, they will assist with the purchase after you have made your 20% (of value of the property of your choice) available.

erico2k2: I like to ask U smthing.what %of money whete U asked as deposit?

None at the moment. But the application is approved, I'd be required to pay 20% of the value of any house I choose as my equity contribution.

erico2k2: Howmuch did U deposit?

At the moment, no deposit is required. But once you have been informed that your application is successful, you will have to seek out a house in the choice area you filled in your application, make 20% of the amount required to buy the property available and the mortgage/financial institution assigned to handle you application will buy the property on your behalf.

bushdoc9919: Interesting.

BTW....how does a mortgage work in Nigeria.? If anyone knows....answers would be much appreciated.

Mortgages do work. You just have to show you have the means to repay. Aside that, you also have to have the prerequisite equity contribution (this is dependent on the mortgage institutions' policy) and that is exactly how this FG programme works.
Choose a property you are interested in, provide your equity contribution and the Mortgage/Financial institution buys the property on your behalf with a dual title hold (the financial institution/your name on the deed pending when the loan is fully paid) and you have 20 years to pay back the loan. If at any point you are not able to continue paying the mortgage, the property is repossessed, sold and the financier liquidates the outstanding on your loan and gives the balance (if any) back to you.

bist: @OP, am I suppose to read all that?

If you didn't apply, there is no point to reading it. I posted the information so that those of us that heard and applied would get a heads-up concerning their application.

This is a very good news. I applied but was expecting the worse and hoping for the best. I just hope they will not end up doing the usual Nigerian thing of swapping names of applicants for their cronies.

The Federal Government has instructed primary mortgage inistitutions (PMIs) to process the applications of the over 66,000 Nigerians who applied for the 10,000 Nigerian Mortgage Refinancing Company (NMRC) housing programme.
Addressing journalists in Abuja yesterday, the Coordinating Minister for the Economy and Minister of Finance Dr. Ngozi Okonjo-Iweala said “due to the over subscription (for the scheme) a decision has been taken to give all applicants to the lending members of NMRC to share on a pro-rata basis. Lending members of NMRC are expected to have the refinancing window of up to 20 years.”
The initial offer of 10,000 mortgage application was over subscribed by 66,402 Nigerians who showed interest in the home ownership programme of the NMRC.
Okonjo-Iweala directed the 17 PMIs and four commercial banks involved in the mortgage exercise to share the 66,402 applications among themselves and prequalify those who meet the criteria for accessing mortgage facilities under the NMRC initiative and get back to the government in eight weeks.
According to her, President Goodluck Jonathan is monitoring the implementation process and assured both mortgage institutions and applicants that there is enough money to fund the 66,000 applications for now.
Applications for the 10,000 housing programme under the NMRC closed on the 5th of this month this year with 66,402 applications received from “exceedingly excited Nigerians with applications coming from the 36 states and the FCT”.
She said 63 per cent of the applicants were male while 37 per cent were female. She said people “tend to apply individually as 89 per cent applied in their own names while only 11 per cent were joint applicants as couples.”
Those in the 31-40 years age bracket submitted the highest number of applications suggesting interest among the actively working group of Nigerians.
Nigerians she said “showed that we prefer three bedroom flats/houses, with 62.7 per cent of applicants applying to acquire this property type. 32 per cent wanted two bed flats and a small percentage applied for one bedroom flats and one bedroom self-contained flats.”
The programme she noted is for people who do not own a home, and from the information given by the applicants, “96 per cent of applicants are living in rented houses; most people (51 per cent) applied for buildings in Abuja with 18 per cent of applicants opting for Lagos. 92 per cent of the applicants have stable jobs while eight per cent are self employed.”
Already, mortgage lenders have pre-qualified some people and asked them to look for their houses. She commended mortgage institutions for keeping to the time they said they will need to use to process applications which is eight weeks and also reducing the criteria for accessing the mortgage from 15 pages of information to just two pages.
The mortgage lenders are expected to sift through the applications and analyse and pre-qualify all applicants culminating in the amounts each lender is willing to advance to the applicant.

http://thenationonlineng.net/new/govt-directs-mortgage-institutions-to-process-66400-applications/

My Biology Brother...

God4all: Sorry! don't hv it, u can make ur choice from d pics below or tell me exactly what u want and i will search for it and get ur desired color n size.....Thanks!

But I did tell you what I wanted in my last post: The drivers in black, size 46

Do you have the drivers in black color, size 46?

Largas: shut your disgusting hole you shameless liar. What happened to the ocho udo city? What happened to the pipes being placed underground along presco-NNPC express-road? What happened to the unity bridges across various local governments in Ebonyi state? What about the express-way from presco-spera in deo? Express from spera-in-deo to Ikwo? Express from presco-PDP secretariat? What about the state library complex? What happened to the international market nearing completion? What of the 3rice mill clusters?

Dude, you are a shame!!!

Imagine this irrelevant nonentity mentioning hand-me-down projects the lager inherited.
There is no need to join issues with an obvious diminutive brained slowpoke; she sure did a terrible number with you. (#youknowwho )

Largas: Alright sire, Elechi has performed credibly well with Ebonyi's meagre monthly allocation.
If only you were enlightened enough, if only you surfed the net enough or visited the state to know what is obtainable there, then just perhaps you would not have made that useless post of yours.

You can call him the worst Governor on earth which he clearly isn't, you won't stop him from completing his tenure and numerous projects by next year.

EOD.

You are obviously high on cheap Ebola-vector bat soup. Try not to insult people and see if these ebola symptoms you are exhibiting will not clear off of you.
One more thing, I'm very much on ground in AI for the past 14years and have valid reasons to my opinion. So shove your 'enlightened' bigoted mind up where the sun don't shine and say things the way you see it without dragging others to where only you deserve to stay.
Have you a splendid day.

Largas: I repeat. Get enlightened and reject ignorance because it increases the level of your timidity!!!

Elechi has performed better than many Governors with his meagre monthly allocation.
Because his positive strides don't get much media attention doesn't mean he is as worse as you stated...

Please, express your opinion without reference to mine. I have a right to my opinion and I feel my opinion is none of your business and should not be a basis for your tantrums.
Even if I criticize him from now to thy kingdom come, it does not change the fact that he is still a governor and my opinion here will not be a basis for him to be impeached, so which one be your own?

My able governor, Martin Elechi of Eboyin State should be given a lifetime award for non performance. In short, he deserves a "Nobel Prize in Non-Performance while in Public Office"

Armed robbers came to my house last year and my ring was one of the thins they took. I have not bothered to replace it since then.

I once had a bike accident and when I got to the hospital the Doctors (male and female) were saying I had haematoma at the lower part of my abdomen. I obviously didn't know what they were talking about and I was scared stiff; as they were still discussing about what to do, the male Doctor was called off to see another patient while the female doctor asked me to strip down. At that moment, the last thing on my mind was who was seeing me, my kini no even shake one bit to the fact that the doctor was female and she was touching a spot less than 2 inches to JT.
I was later asked to go to the Lab for xray, they guy there too asked me to strip because of the location on the clot. Usually, I would be self conscious of the fact that I am getting naked in front of a stranger but that day, I did not feel the slightest shame.
At some other time, I went to the same hospital with a friend and the sight of a nurse made me so uncomfortable that my friend noticed the bulge.
As far as I am concerned, na the condition whey carry you go see the doctor go determine if you go react or otherwise.

Israelis have reported experiencing two miracles of nature which protected them during the fighting with Hamas in Gaza.

Col. Ofer Winter, an Israel Defense Forces brigade commander who is a religious Jew, attributed the way his soldiers were protected in Gaza to a divine miracle.

In an interview with the Israeli newspaper Mishpacha, Winter described the unusual occurrence that might have come straight out of the Bible. The Times of Israel reported:

He said that a predawn raid that was intended to make use of the dark as concealment was delayed, forcing the soldiers to move toward their objective as the sun was about to rise. The soldiers were in danger of being revealed in the light but, Winter recalled, a heavy fog descended to cover their movements until the objective was achieved.

“Suddenly a cloud protected us,” he said, make a reference to the clouds that the Bible says protected the Israelites as they wandered in the desert. “Clouds of glory.”

Only when the soldiers were in a secure position did the fog dissipate, he said.

“It really was a fulfillment of the verse ‘For the Lord your God is the one who goes with you to give you victory,’” Winter said, referring to Deuteronomy.

The experience was also reminiscent of the pillar of cloud that protected the Israelites as they escaped from Egypt and crossed the Red Sea, as described in the book of Exodus.

A second miracle was reported by a group of religious Jews who in early July, right before the fighting broke out, traveled to southern Israel to harvest wheat in advance of the biblical sabbatical year. According to the biblical mandate, Jews are supposed to allow the land of Israel to rest during the entire final year of the seven-year agricultural cycle which begins next month and is observed on Israeli farms. That means no planting or harvesting occurs for the year.

Aharon Samet told the Israeli radio show “Upside Down” that a great miracle occurred thanks to the fact that they had to harvest more wheat than usual to comply with the biblical mandate.

“This year we are before the sabbatical year, and we need to harvest wheat for two years. We plowed the land up and down looking for wheat that was sown late what with the rains that fell late this year,” Samet said. “On Kibbutz Sufa on the Gaza border we found an entire field that was sown in mid-January, which is considered very unusual.”

They harvested the wheat and didn’t give it another thought.

Only weeks later when the fighting between Israel and Hamas was at its peak did Samet and his friends realize the significance of their actions.

On July 17, 13 Hamas militants infiltrated from Gaza via a tunnel into Israel at the exact spot near Kibbutz Sufa where the men had been farming.

The terrorists were shocked to discover that their natural camouflage – the giant wheat field that they were counting on –had disappeared.

The now empty field allowed IDF surveillance to spot them as they emerged from their holes and to repel their attack by dropping a bomb on them from above.

“Many lives were saved by the grace of Heaven,” the Israeli radio station Kol Hai commented.

Of the events he experienced, brigade commander Winter concluded, “When a person is in a life-threatening situation he connects with his deepest internal truths, and when that happens, even the biggest atheist meets God.”

Soldiers experience so many miracles that “it is hard not to believe [in God],” Winter said.

What next do we expect? Praise singers that will come and tell us the governor is doing well.
We are so used to a low level of life such that when a Governor lives up to his 'normal' civic duties we think he is doing well.
I would not blame those Governors 'doing well' thought, it is their counterparts that have decided to live a cursed life I will blame, let them continue and see what posterity has in stock for their generation.

MzJackBaueress: The coronation happened like a month ago. I watched the coronation ceremony on LTV. She must have paid heavily to become an Iyaloja. Such titles are not free at all!!

So? Igba na nko? Will your post make them revoke the title or make US send ZMAPP to us?

SCIENTISTS say they have found how the lethal Ebola virus blocks and disables the body’s ability to battle infections in a discovery that should help the search for potential cures and vaccines.
A group of scientists in the United States found that Ebola carries a protein called VP24 that interferes with a molecule called interferon, which is vital to the immune response.
“One of the key reasons that Ebola virus is so deadly is because it disrupts the body’s immune response to the infection,” said Chris Basler of the Icahn School of Medicine at Mount Sinai, New York, who worked on the study. “Figuring out how VP24 promotes this disruption will suggest new ways to defeat the virus.”
The team, lead by Gaya Amarasinghe from Washington University School of Medicine, found that VP24 works by stopping something called “transcription factor STAT1” – which carries interferon’s antiviral message – from entering the nucleus of a cell and initiating an immune response.
“This study shows just how nefarious the Ebola virus can be,” said Ben Neuman, a virologist at Britain’s university of Reading who was not directly involved in this study.
“Ebola virus carries a small tool that intercepts the cell’s distress signals, and when this happens, it disables some of the most useful machinery that our bodies have for fighting Ebola. That leaves the body with only crude defences that are less effective at stopping the virus, and end up causing much of the damage that can eventually lead to death.”
Ebola is one of the most deadly diseases known in humans and has a case fatality rate of up to 90 percent. In the current epidemic in West Africa, the virus has infected more than 1,800 people. So far, 1,013 of these have died the vast majority in Guinea, Liberia and Sierra Leone.
- See more at: http://www.vanguardngr.com/2014/08/scientists-discover-ebola-virus-disables-immune-response/#sthash.ru5HhPBG.dpuf