₦airaland Forum

I wonder how Nigerians can allow sentiments and bias overcloud their sense of judgement.

As for me, nothing can be better than this bill if passed into law and i don't have the time to elucidiate on various reasons but i strongly believe it is a right step in the right direction.

One more bill they need to pass is removal of immunity for serving Presidents, Governors,

What is the big deal about islamic banking?

We have several banks with different modus operandi so please lets forget this baseless issue and move on. Let whoever wants to patronise such bank do so and let the rest decide the bank they want.

There is fire on the mountain, and no one seems to be on the run,there is fire on the ,

I don't blame PDP.

But for the fact that we voted for personality and not party in the presidential election,i wonder if they will still have the audacity to spit out rubbish.

8yrs in power and no steady power supply.

If Jonathan fails to make substantial impact in power generation in this present dispensation then PDP can be considered as an extint party.

Chuckster:
See poverty mentality on full display. Mr Toks if you want to establish a niche market for cheap cars, by all means do that but don't knock other dealers who also cater to another niche (millionaire car buyers).
Advertise and sell your cars without offending the sensibilities of other people.
Enough said.

What a pity and what a shame.

Look here friends,many Nigerians are so foolish and mark my words,SO SO FOOLISH that they buy cares they can't maintain.

The truth is that anybody can buy expensive cars maybe when they get a raise or get proceeds from Good business or whichever means but it does not end there,its about maintenance and that is my angle.

I use just 1998 model Mazda 626 and just last Saturday,the automatic gear box developed a crazy fault and guess what? It will gulp a whooping 60k to fix it so how about that?

Many Nigerians spend over 50% of their total net worth to purchase a crazily expensive car just to sell it later so wise up and think.

Oyinbo man dey do expensive cars for MUmu Nigerian mugun to dey buy and how many Americans use very expensive cars.

So Mr Rich man mentality please understand my point and stop showcasing your ignorance here. Cars are liabilities so get a cheap one or faily expensive models and be happy.End of story

Good Day friend,

It has become a worrisome act for people to just take pleasure in wasting people's time and energy asking for price quotations of cars.

I have recieved many calls asking me to give price range of certain cars and this i find very funny.

I have made it clear before that if you want to buy a car from Retis in Benin Repulblic with duty paid,the only fixed price is the clearing fee and the duty but the price of the car is never static but depends on various factors.

1.The exchange rate
2.The dealers psyche
3.The car specifications
4,Engine condition
5.Luck

I am fed up with these disturbances so if you are interested in buying any car from Benin rep and you are genuinely ready,just do your due diligence on the price range of the brands already in Nigeria and you are sure to get it 50/70k cheaper from Benin Rep(duty paid)

The god news is that you don't need to go to Benin Rp in the first instance with big cash.YoU MAY DEPOSIT AS LOW AS 10K FOR A CAR OF 1M naira,the dealers over there are so trustworthy that they give you 24 hrs to make the full payment.

Simply make bank transfer rom Nigeria here to various banks there like Diamond Bank,UBA and few others the get your car in Nigeria withut fear .

Please call me only if you are ready to buy any car of your choice from Benin Rep and don't bother me about price range in Nigeria here.

If you are ready to buy from Benin please call me(08023146046) only if you are interedted in buying cars from Benin REP.

Thanks.

Just Got this info online.


Rent Control Law

Rent Control is a residual matter under the 1999 Constitution. As a result, most of the States in Nigeria have their individual Rent Control Laws which for the most part have similar provisions as the Rent Control Law of Lagos State.

In Lagos State of Nigeria, the applicable Law is the Lagos State Rent Control & Recovery of Residential Premises Law, 1997 (\"Lagos Rent Control Law\").

The Lagos Rent Control Law is intended to mandatorily regulate the rentals that can be charged for residential apartments in certain areas of Lagos State whose residences were at the time of the enactment of this Law not charging annual rental value in excess of N250,000 (Two Hundred and Fifty Thousand Naira).

This Law prescribes the standard rent for each type of residential accommodation in different locations of the State with the caveat that the standard rent shall only be subject to upward review of not more than 20% every three years or at such other duration as the Governor of Lagos State may prescribe.

The Lagos Rent Control Law makes it unlawful for the Landlord or his agent or the Tenant to demand or pay rent in excess of the standard rent. It is also unlawful for a Landlord to demand or receive the prescribed standard rent for a period in excess of six months from an incoming/new Tenant. Equally unlawful is the action of a sitting Tenant offering to and paying the standard rent in excess of a period of three months in respect of any type of residential accommodation to which the Lagos Rent Control Law applies.

Any person who receives or pays rent in excess of the standard rent that is prescribed by Law is guilty of an offence and liable on conviction to a fine of N50,000.00 (Fifty Thousand Naira) or to a term of six months imprisonment.

Agency & Legal Fees

The Lagos Rent Control Law requires that Solicitors and estate agents must not charge more than 5% as Solicitors fees for preparing Tenancy Agreements and 5% as agency fees respectively. Where a higher percentage of fees is charged and received, it shall be unlawful. The penalty on conviction for this unlawful charge is a term of imprisonment for two years.

Recovery of Possession of Premises

Cases of abuses by Landlords in unlawfully evicting their Tenants necessitated the Rent Control & Recovery of Residential Premises Law of Lagos State, like prior legislations before it, to seek to protect all tenancies to which this Law applies.

The protection afforded tenancies by this Law is not intended to deprive a land owner of the fruits of his or her or its investment in real estate.

The protection only requires that a Tenant should only loose his tenancy after due recovery procedure and processes are complied with by the Landlord.

Where there is a default by a Tenant in respect of any aspect of his Tenancy and the Landlord intends to terminate the Tenancy and have possession of his property revert to him the Landlord, a proper notice to quit must be personally served on the Tenant. This is the first and most technical of the procedures for recovering possession of premises.

The length of notice to be given to a Tenant to quit is usually determined by the tenure of the tenancy where no express unequivocal provision is made in a written Tenancy Agreement to such
effect. Thus, where the Tenant pays his rent on a weekly basis, a week\'s notice to quit would be valid.

Similarly, where the rental is paid monthly, quarterly, half-yearly or yearly, a month, quarter or half yearly notice as appropriate would be valid to determine the Tenancy.

It is mandatory that the notice to quit must be issued and served personally on the Tenant. It is also mandatory that the notice to quit must be served to expire at the anniversary or expiration of the Tenancy.

Thus, a notice to quit in respect of a tenancy that begins in January of a particular year and expires in December of the same year must be served on the Tenant on or before the end of June of that year so that from 1st July to the end of December of the same year, the mandatory six months notice would have been properly served on the Tenant. This was the holding of the Supreme Court of Nigeria in the matter of African Petroleum v. Owodunni (1991) 11-12 SC 56 @ 71 lines 5-15.

The inability of most Landlords to comply with the technical requirement of serving the statutory notice to quit to expire at the same time with the tenancy drew the displeasure of the Supreme Court in the above cited case where for twelve (12) years, the Respondent Tenant could not be evicted because the notice of eviction was not properly served by the Landlord on the Tenant.

The view of some Solicitors that a tenancy for a fixed term does not require a notice to quit but only a notice of the owner\'s intention to recover possession of his premises is too risky a position to implement should the matter be placed before a court of law for adjudication.

Unlawful Eviction or Recovery of Premises

The frustration with applying the legal process to evict an unwilling Tenant has lead to many Landlords attempting other unlawful procedures to evict such an unwilling Tenant whose tenancy has been properly determined in accordance with the Rent Control & Recovery Premises Law.

The Lagos State Rent Control & Recovery of Residential Premises Law prohibits any form of demolition, alteration, modification, harassment or molestation of a Tenant where the principal objective is the forceful ejection of the Tenant. Contravention of this provision by the Landlord or his agents or privies is an offence which on conviction attracts a fine of N20,000.00 (Twenty Thousand Naira) to N50,000.00 (Fifty Thousand Naira) and a term of imprisonment of three months.

Business Premises

Up-market residences, that are not listed in the schedule of the Lagos Rent Control Law, with business premises are regulated by the Recovery of Premises Law No. 9 of 1976 (\"Recovery of Premises Law\").

The provisions of the 1976 Recovery of Premises Law are very similar to those of the 1997 Rent Control Law with the distinct difference being that business premises do not have a mandatory chap on what the land owner can charge as periodic rentals. Up market residences and business premises also have a higher rental collection history as opposed to downtown residences. Investors would therefore do well to ensure that all the provisions in relation to recovery of possession of premises are adhered to whenever the situation arises.

Lagos Mediation Centre

The Lagos State Government has established a Citizens Mediation Centre where disputes including those of Landlord and Tenant disputes are resolved through mediation. Where mediation fails or any of the parties refuses to submit to mediation, the parties would be advised by the Centre to seek redress in Court.

Conclusion

The provisions of the rent control and recovery of premises laws in Nigeria have been held more in disobedience than in obedience for many years as a result of the scarcity of new apartments or the maintenance of existing apartments.

The attempt to regulate rental values for properties in Nigeria has reduced the interest to invest in real estate in Nigeria. Research also shows that rent control schemes in other parts of the world that are not indexed against market forces of demand and supply usually do not maintain the minimum acceptable human standards for good housing.

The Nigerian government must review the land tenure system in Nigeria such that the original owners of so-called communal land and private sector investors are able to collectively work towards meeting the developmental goals set for the people of Nigeria.

Hello Guys,


I Rented a three bedroom apartment in Akesan, along Lasu/isherri rd in alimosho LGA of Lagos just barely three yrs ago at 150k per annum.


The landlady increased the rent to 250k per annum last 2 months and i feel this is way too much.

so i would like to know if there are any regualtory laws in Lagos state as regards increase in house rent.

I will be waiting for your response.

Thanks

Actually i would say that all these ISPs are thieves in a coded form.


I just got a 5k refund from zain a moment ago.

This was what happened.

I had 30mb remaining on my bundle so i decided to add another 1gig 2days ago so i loaded 5k card. I sent the code to bundle the 1gig but got a message that i can't bundle accumulatively but i must wait for the old bundle to expire.

But this was where the problem started. I checked my balance and saw 0 naira meaning the 5k had gone into the system so i simply assumed that zain will activate the new bundle after the remaining 30mb from the old subscrition expires.

To my amazement,i could'nt browse so i called their customer care about 4 times asking them why their system will take my 5k without giving me the appropriate bundle.

A staff really got me infuriated when he told me that i had used the whole 5k explaining that the system started deducting 15kobo per kilobyte as soon as the previous 30mb expired.

Friends,you need to hear my threats to zain and i meant every word of it that i was going to bring down their reputaion in every way possible starting from writing a letter to NCC.

I also made a recommendation to them that the program ought to be in such a way that a notification should be sent to subscribers after exhausting their bundle and not the criminal way the system uses by automated deduction of charges from your main account without prior notice. And that their system should not take out our money if bundling is impossible at that point in time.

The good news is that the 5k has been refunded and the 1024mb is now on my moderm.Thanks to my pestering actions.

So my advice to anyone using these networks is to wait until every single nanobyte is exhausted before putting a dime on the internet account and if possible,remove the sim from the moderm and reload/reactivate the internet sim account from your handset .

Nevertheless,in terms of funtionality,i recommend zain to anyone as it is very efficient in terms of speed and usage. Despite the fact that i spend ample time online as an online fx trader,i still manage to stay over 3 weeks on the 5k bundle of 1024mb.

Thanks.

Actually i would say that all these ISPs are thieves in a coded form.


I just got a 5k refund from zain a moment ago.

This was what happened.

I had 30mb remaining on my bundle so i decided to add another 1gig 2days ago so i loaded 5k card. I sent the code to bundle the 1gig but got a message that i can't bundle accumulatively but i must wait for the old bundle to expire.

But this was where the problem started. I checked my balance and saw 0 naira meaning the 5k had gone into the system so i simply assumed that zain will activate the new bundle after the remaining 30mb from the old subscrition expires.

To my amazement,i could'nt browse so i called their customer care about 4 times asking them why their system will take my 5k without giving me the appropriate bundle.

A staff really got me infuriated when he told me that i had used the whole 5k explaining that the system started deducting 15kobo per kilobyte as soon as the previous 30mb expired.

Friends,you need to hear my threats to zain and i meant every word of it that i was going to bring down their reputaion in every way possible starting from writing a letter to NCC.

I also made a recommendation to them that the program ought to be in such a way that a notification should be sent to subscribers after exhausting their bundle and not the criminal way the system uses by automated deduction of charges from your main account without prior notice. And that their system should not take out our money if bundling is impossible at that point in time.

The good news is that the 5k has been refunded and the 1024mb is now on my moderm.Thanks to my pestering actions.

So my advice to anyone using these networks is to wait until every single nanobyte is exhausted before putting a dime on the internet account and if possible,remove the sim from the moderm and reload/reactivate the internet sim account from your handset .

Nevertheless,in terms of funtionality,i recommend zain to anyone as it is very efficient in terms of speed and usage. Despite the fact that i spend ample time online as an online fx trader,i still manage to stay over 3 weeks on the 5k bundle of 1024mb.

Thanks.

Toks2008:
Hello Friends,

These are free alerts for you all.

(*)BONUS SIGNAL":GBP/CHF BUY STOP AT 15719 TP AT 15846 SL AT 15500
EURO/USD:BUY AT 12960 SL AT 12800 TP AT 13200


Have a pippsfull day

(*)BONUS SIGNAL":GBP/CHF BUY STOP AT 15719 TP AT 15846 SL AT 15500 we just made 127pips on this


EURO/USD:BUY AT 12960 SL AT 12800 TP AT 13200 and we are over 200pips on this and still moving up

Thanks Jamace,

I actually stayed off Nairaland due to the zero tolerance on forex matters for reasons best known to the owner.

I have been rendering my service to many traders all over the world in my own little way. I just decided to check Nairaland yesterday and i noticed that Seun might have mellowed his sledge hammer a bit on forex matters.

This is my second business and it will be very sad for me to remain on a forum where the owner called me a sucker as a forex trader so this was why i actually left nairaland. I just decided to send some free signals here and i am not sure if seun will still allow frelance posting on forex matters.

So i hope to drop a few hints here from time to time.

Hope you all are having a profitable carrier in fx trading. REMEMBER:Only good money management can save you so manage your money well.

Have a nice day.

Hello Friends,


Forex is very real but you need to be very patient trading it.

I would have loved to post a link where you can all follow my Live trading activities but that will boil down to spamming.


My Advice to you all is to get good training,demo trade very well. Then open a live account with money you ca afford to lose.

Don't be greedy and be very very patient.

I wish you all a very profitable trading carrier.

Forex Refuge

Hello Friends,

These are free alerts for you all.

(*)BONUS SIGNAL":GBP/CHF BUY STOP AT 15719 TP AT 15846 SL AT 15500
EURO/USD:BUY AT 12960 SL AT 12800 TP AT 13200


Have a pippsfull day

Umetz it seems you are not serious in your quest to learn this business.

I told you to join me on skype for one on one training.

I have seen your threads on this same issue before. You may end up being scammed with the way you are going about this.

I am not just a trainer that don't trade.I trade,train and give signals to large number of traders from Nigeria,Kenya, Singapore, India,Brazil,Iran,Canada,Usa just to mention a few.

I am not asking for your money. Come join us and see for yourself rather than waste your time crying for a trainer.

Toks

Hello Friend,

Saw ur post and decided to invite you to my chat room on skype where i train,mentor and give free signals to over 100people from accross the globe.

I give practical oriented training. just download skype and add Forex-refuge.

You may need to get a headset so we can talk during the online training. You may visit my site for more insight on profitable training.

I am not advertising or cajoling you to get training from me but i rather find you privileged to be invited by me. The choice is all yours.

Toks

well,i am not interested in running your account. But i may help you as a tutor and a signal provider. You can get my free signal for this month if you don't mind.

Its not compulsory that you get a mentor in Cotonou.

I give online practical oriented training and free signals to people from different parts of the world right from the comfort of my Flat. They don't have to be physically present.Just get skype and we will be speaking to each other as i give real time practical training with live chart.

Face to face training is not a criterion for good understanding of forex trading.

If you are really serious,download skype today,create a user name,add Forex refuge to your contact or send me an email to add you to my list and we are on.

Toks

you can consider special Dogs breeding and sales business. money spinner, anyway any time.


Has a turn over of over 5million every two years.


i know this may sound odd. But my older brother is in the business and just made over 500k selling just few puppies of rott breed.

Abeg i no fit shout. If you are interested, just let me know.

Toks

Fhemmmy:
I am sure your response will be appreciated by the poster, infact, i appreciate it too.
However, there cld be some people with great ideas and real ideas on how to trade forex.

Ok i get it.

Now i want to prove to everyone interested in forex trading that it is not a game for suckers neither is it a game at all.

First visit my website below to read the hard facts about Forex trading,open a demo account then join me on skype for free signals and mentoring for the month of October.

I never intended to use this as an advert medium but i guess this poster asked for this.

Signals don't lie so come on board.then come back and give feedback on this thread with screenshots of your account history.

Toks

check your e-mail box.

My Older brother has a female rottweeiler that just gave birth to 11 puppies last 3 weeks.

I am so surprised that i am seeing your post so if you need just let me know so i can tell him to reserve for you.

I guess he told me there are 7female puppies with 4males or the other way round. And he also has a very big male Boa bull

Toks

Dr,

I don't understand your last post but i really don't like the way this is going.

What i expect you to point out is whether the sucker word was necessary or not.

Anybody can express their opinion but in a very tushed and decent manner. Simple.

Forget the scam that comes with Forex trading. There are scams in every facet of life and businesses. Even our Nigerian Banking sector is scam soaked and many other businesses. Its up to whoever allows him or herself to be scammed

Whether Forex is a suckers business or not will not stop any determined person from making it in the business provided we do it right by overcoming greed and having a good trading method coupled with very good money management, anything short of these will always make us join the league of complaining losers.

Simple.

Toks

Dr Kitaun:
Seun is very right my dear !!!

I have been there done that, best believe it !

Dr

Well i guess you studied hard in the university for years to become a doctor.

But Many people delve into Forex trading without proper education and when they fail just the way a quack doctor fails in carrying out a simple operation,they simple look for ways to cover their incompetences.

I am a trader and also a signal provider yet i lost big money until i studied a course in Forex trading called Money management. Go study that and stop covering your mistakes.

And mind you, anyone is free to air his/her opinion about an issue, what i am not happy with is the use of the 7 letter word.   

Even Gambling is a business that puts food on the table for some people and the fact that i hate gambling will not make me call gambling a sucker's game.

Anyway, with the little psychology i read in my 200level in school, i have this strong feeling that Seun has been in the Forex trading business and maybe had a bad experience cos his response to that innocent guy was soaked with strong disdain and it only takes one with a personal experience to react that way.

Toks

I Just saw Seun's response to a nairalander's post on this thread.
https://www.nairaland.com/nigeria/topic-333179.0.html


I am very disappointed and short of words to see such response from Seun.Very disappointed.


Must you go that far using such language. Well i am getting the info from you for the first time that the interbanks as well as all our Banks, Mallams and all the individuals who trade Forex one way or the other whether online or offline are suckers. What a shame.


Toks