₦airaland Forum

valarinz:

valarinz:

valarinz:

valarinz:

valarinz:

SonOfHercules:
Aswear pesin gats hustle ooo.
One was saying if we don't register our children will register.
No be poverty be DAT? They are not planning to stop.
That word alone na challenge to me.

bonnyhope:
This post was April before the new govt

Alot have changed between Month of May and now.

4m could buy any of those car then

dru23:
Na special order Boss man.... I just wan make sure say the people that place order get them first...

Dozieson:
Lies.

Change with the original recommended oil. That's all

radautoworks:
1) vibe
2) sonata
.
.
.
.
.
3) if you must, Naija used crv but be VERY wary

And MAKE SURE YOU GET A COMPLETE INSPECTION FIRST including a scan with a good tool not some Bluetooth one.

valarinz:

valarinz:

nurey:
You go old pass methuselah, it's not my job to school you by providing proof. Importers and exporters know what's obtainable you on the other hand nah passerby or atmost port RAT

ojeysky:
Why not provide the price, once again people have not realised what has hit this country since tinubu came into power. When cars that came in before Tinubu are exhausted then the reality will be revealed.

As to reference link I shared below is when custom implemented the first increase @39%, they did another increase few weeks later. Google is your friend to search for that if you care to know.

https://www.carmart.ng/public/blog/newly-increased-import-duty-rate-in-nigeria-from-39-54-to-39-62-new-custom-rates-of-vehicles/

donbrowser:
You were quick to quote last year's price and push it on Tinubu. Now show his administration's price difference you're chickening out. Ayírí. Na make country no settle dey give una joy.

donbrowser:


Share screenshot of price of clearing that jumped from May till September. I thought you were quoting last year's figure before. What's the price update for the cars from May till September

IbeOkehie:
You're wrong. Only a mugu will choose to endure the stress of real estate investment in Nigeria, ESPECIALLY if they have the option of investing in dollars.

Yes, right there in Nigeria, the dollar has gained more value than real estate during any 3 year period you can measure. I know this because it's real experience for me. Yes the US economy is stressed, I live in it, but it's nowhere near the level of economic depression in Nigeria and you know it. Comparing Nigeria to USA or Canada is like saying sleep is equal to death. Nigeria is the POVERTY CAPITAL of the WORLD. Nigeria is one of the WORST places to live on this earth!

In 2014, the black market dollar rate was around ₦200/$, today it's ₦900/$. That's over 450% increase in value of dollar. There's no way you can tell me that the average price of real estate in Nigeria has gained that much over the same period. It's just not the case.

Besides the raw increase, what of the risk? What about ease of sale? If I give you a house in VGC Lagos worth ₦400 million and ask you to sell it, how long do you think it will sit on the market? If I give you a dom account with $500K in it, how fast will you be able to sell it? I've been to VGC many times half the buildings have FOR SALE signs on them, for years, nobody buying. I challenge you to visit VGC today and tell me if my statement is true or false.

I have THREE friends living in Nigeria RIGHT NOW who have been trying for YEARS to sell beautiful buildings in Abuja, PH and Lagos, no buyers...and get this, when you calculate in DOLLARS the prices they're asking in EVERY CASE is less than the amount they paid many years ago OR the cost of construction. And they still can't get buyers.

And I notice you've kinda inserted a PREFERENCE for empty land as investment. That's legally risky in Nigeria. I literally know at least 10 people living in Nigeria or abroad who have bought lands in Nigeria....in the village, Abuja, Lagos, PH....and are now enmeshed in disputes about ownership. A friend of many years living in NY had this problem a few years ago, he bought land in PH and at some point some guy in Switzerland showed up claiming to have bought the same land. Thugs, militants and police got involved and the issue hasn't been resolved till this very moment, I called him a few minutes ago to check.

I know 2 people that their lands were recently seized by government in Abuja and Onitsha, well the one in Onitsha was actually a developed land. These are just the 2 most recent, I know several more. If you actually deal in Real Estate you MUST know people that have suffered such loss or impairment of their real property. Just simple yes or no, do you know people who have suffered such loss or impairment?

And PLEASE don't tell me "they didn't do their research or procedures well or use a good lawyer". Nonsense, I've bought and sold several properties in the USA, I know dozens of people who own homes here, I've lived in this country decades and I've NEVER known a SINGLE case where a purchase resulted in a dispute. Not a single one.

I just hate arguing with Nigerians, especially the University graduates. This is REAL LIFE, if you live in Nigeria you know this....or SHOULD know it. You guys argue for the sake of argument. When I came to the USA over 30 years ago $1 was ₦4. I know about real estate in Nigeria and what it costs, anyone resident in the USA has likely built, bought or sold houses in Nigeria. The diaspora is the mainstay of the Nigerian Real Estate Market, without us the market will die. You can't tell me jack about real estate in Nigeria abeg. Someone in my extended family sold a building in Owerri just 6 months ago...ironically they sold it to a Nigerian resident in the USA, I was the one who collected the money here in dollars. They told me what price they bought in 1995. Calculate in dollars and it was a loss. Come and see shenanigans and bribe to get this paper or that signed in Nigeria. It took 3 months to get simple papers signed by the correct official.

Go talk that Nigeria real estate boom crap to novices. Nonsense and ingredients.

Good Luck to Nigerians.

donbrowser:


How much has increased on the car from May that Tinubu took over till today?

Didinrin.