₦airaland Forum

Muyesky:
Are you being honest or sarcastic in your prayers sir? The very expensive and promising ones you see today started from pet projects like this and the very people that missed such are still regretting not buying into them. Over the years, spyder has proven himself to be a force to recorn with on the forum. Your intentions may not be pungent but you went about it in a way...............In dealing with promising land deals, secret is key tikll all legal and financial matter on the land has been properly sealed else, you wake up tomorrow and a dangote prototype may have already purchased the land at even higher rate. Please, allow him handle this the best way possible and feel free to observe should you care but please, do not castigate.

Integrity is key in life and believe me, Spyder has it.

Cheers.

Sir, you sensed right. I’m a straight forward guy. I expressed my doubts, but however signalled to him to continue his deal.

You would have gone back to read how it all started. I agreed quite well with him on the vision to secure the land, that’s the ‘Dangote’ aspect of it. But the disagreement was on whether the land should be something one should invest his money now to develop, which I doubt and has explained the reasons in my previous comments. There's no secret about this land. I guess many agents in Enugu knows about it and the price. If People should see the land and the location, it will help them make a sound decision on it. Dangote will never announce a land sale without indicating the location.

cheers

@mercilicious, i don't agree totally with you. But you've said a couple of things that shows you're an upright person.

Well, good luck. I pray my knowledge, calculations and misgivings about the area are not true. It's wonderful to know there're still areas that will mature in 2-3 years selling for 400K in Enugu. Go do your business. With all my heart, i wish u guys the best. Thanks.

abdulwastecx:
it is not that simple my friend... a country dont developed because she can produce 2.1million barrel of crude oil for Indian, american and British market. A country developed by refining the crude into finish product like petro, jet fuel, cooking, gas, heavy diesel, kerosene, other peyro chemical product and gas which is then used to generate cheap electricity for industrial and domestic use.

The question is how can we transform this oil into product that will create job, wealth, standard of living and technology. instead of selling this crude at open market for $65 per barrel? You need brain, you need education, you need a government that is serious about science and technology not division.

in Niger state alone, we can generate about $10 billion from rice farming, milling and packaging. thousands of jobs can be created and so many people can be gainfully employed.
We you go to other northern states like kaduna, nasarawa, taraba, benue etc all we see are arable land that can lift so many people out of poverty, create raw materials for industrial use etc.

south western states like ondo ( my dad home state), oyo, ogun, ekiti, osun etc aso have so many things to offer. ..we can be great in diversity.

Back to your assertion, I think south eastern will suffer more if we disintegrate simply because the region is too overcrowded and lacks meaningful arable land for agricultural productivity.

you need the North as much as the North need the south for access to the sea

How can south east become overcrowded in such an event? The smallest state in the south east is one and half the size of lagos state that has over 20 million population. Is it not better to allow the Igbo cry their cry? Enugu, the capital of Biafra has abundant land for new satelite cities.

The bottom line and the point i'm hammering on here is that 400k land is not where anyone can invest millions of Naira to build now in Enugu. Anyone living in Enugu knows this, and it remains the thrust of my argument. Tell your clients it's for 12 - 14 years maturity. Simple. Tell them the truth.

spyder880:
And the "monkey business" comment? Do you not see that as provocative especially for a person who has spent years online building a name only for you to register a new moniker three days ago and start making sweeping allegations over a business you were not part of the planning process?

I was very disappointed with that comment. For you who are not even interested enough to send a mail as I asked others to, and now you want all the information in the open? Did you even take time to read all I wrote in the first place? I am sure you didn't, if you did, you should not have made the UGWUOGO NIKE points, except of course your were trying to use it to "twist my arm" to reveal details.

Is there even any need for us to be having this exchanges, I don't think so really.

Spyder, you know what, I wish you good luck with your new semi-cult approach to Online business.

For me, it became a monkey business the moment you refused to disclose the name of the community your ‘hoping to start collecting deposits’ from the public. You mean I have to ask for the location in the open forum, then get the reply in a private mail? This your estate na wa o! That’s a new record in Nairaland. Fine, I’m out of it.
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spyder880:
I am tempted to drop this group idea and invest in this alone. Because I am afraid of people like this who will come out with the sole intention of frustrating this effort. I know people like this, not likely to allow any good venture to prosper except they know everything about it, they will try to control your initiative or frustrate it if they cannot.

This guy used bully tactics to try and extract the location from me. He knew what he was doing when he started accusing me of leading people to Ugwuogo Nike.

He painted Ugwuogo Nike in very bad lights so I can react and spill my plans.

He also came back today to cast the whole of Enugu outskirts in bad light so I can still tell what my real plans are, but I am not giving him much information so the next option is to label the while thing "monkey business" to further scare investors away.

It will not work brother, I am not telling you anything. I am running this my way or nothing, so I can take responsibility for the success or failure of the project.

I know exactly when to start giving out information to investors about the inner details of this plans. I had planned to give inner information to their private mails, and that was why I demanded they send me private mails so I can send them information when I am ready.

How can I start dishing out location, prices and other plans to everyone on the public when I have not agreed prices and terms with the host community and other stakeholders? So that the whole plans will be hijacked?

I tire o.

I'm disappointed with the card you're playing. Why pretending as if you had something very precious someone wants to take away from you. You're playing victim of your own machination and hanging it on the neck of an innocent person like me. Is it because I said that 400K plots are abundant in Enugu, and are not good for immediate development, but for the long term, Ugwuogo included? Please, learn to tolerate other people’s views.

All my remarks here were as a result of what I know about lands in that price category in Enugu. No need of me and/or anyone finding out much later that the whole transaction was about collecting our monies and making commission out of them. Then handing over documents of parcels of lands that have little or no value in the immediate. My brother, as far as I know, there is no treasure in this case. Let’s not pretend as if there is one.
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spyder880:
Welcome bro, while I will not be disclosing the location now for obvious reasons, I will like to correct some impressions about your outlook on Enugu lands and its expected developmental horizon. I will use questions to butress my point.

1. Ten years ago, would you have thought it possible that any sane human beings will be living in the location where we have Goshen estates now, or that any rational thinking humans will pay as much as N15 million naira to buy a single house behind the new artisan area?

2. 14 years ago, did anyone ever believe that apart from crazy people, that any person will pass T junction, pass through Nike lake hotels and enter the bushes of Ibagwa Nike and build a house?

3. What are Elim estates main reasons for going into the bushes of Ibagwa Nike to build a large estate, followed by other estates?

The point I am trying to make is that developmental strides does not follow anyone's yardstick or model but works on some other unseen forces which will act on it. This is where smart investing comes in, to identify the potentials of a given location and take position before the big money arrives. This is what I am planning to do here. If you wait till everyone is asking to live in a place, you will be buying it for N20 million or more.

Then again there is something you might be missing, and its the fact that people drives development. If I move into a bush and start making some noise, raising structures and putting my machinery and workers there, others will soon follow.

I would have wanted to name this location or show more pictures of the development made by other neighbours who have bought, but no need to show your hand early. This is a public forum and you don't know the intentions of any reader.

You brought your deal in a public forum, told the public you’re hoping to start collecting deposits from them, yet won’t disclose to the very public the location their money would be going to. Hmmm, that smacks of a monkey business. I’m out of here.

spyder880:
Yes we are looking at a gated community within the layout. This is not an estate yet but a piece of virgin land divided into plots, so far I am the second person to indicate interest to the community. The first investor is asking to buy only 100 plots. I could develop my own at my own pace and plans, just that I will need to ratify my plans with the lands town planning department and then register the deeds with the ministry of lands.

The cost of the gate will be considered. I am hoping to start collecting deposits to hasten the transaction and acquire the lands first.

If we are going to incorporate the fence, the price might rise to N800,000 per plot. But I think we better acquire the land first. For N600,000 I believe I can prepare each persons piece of land, deliver his original documents to him and be ready to start works in the bush.

I am adding a bonus of one trip of sand for the first 20 deposits, delivered on their piece of lands and picture confirmations shown right here on this thread.

As usual, I will always respect the confidentiality of the investor, no mention of the actual payees except where they demand me to mention it here.

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spyder880:
For the avoidance of doubts for those who don't know the area I am describing for negotiations for purchase, THIS IS NOT UGWUOGO NIKE LAND. Ugwuogo is still in the distance, about another 10 minutes drive along the same road. There is no substantial quantities of land for sale at Ibagwa Nike, what you get there are one, two, or three plots at most, and please be careful about Ibagwa lands, so also Amorji. You may not get as much as 20 plots in the same place. The communities have almost sold out their lands in years past.

I have a 5 years development outlook for this area I am looking at presently. It could be less if some factors come into play, I see a situation where the entire stretch from Nike lake hotels till Ugwuogo and beyond get very busy in the next 8 years, as long as an Nsukka man is becoming the next governor.

I forsee another road into this are, either through Emene axis, (so that the governor can travel from the airport to Opi Nsukka are without having to worry about the hold up inside town.) I also see a rush by private estate developers into this area, Elim, Vivyan etc are already nearby.

I’ll cautiously accept that the land you’re talking about is not in the UGWUOGO AXIS of NIKE. So I’ll leave it at that until you make the particular community known. May be I can even join you guys then. I’m sure it’s not only for the diasporas.

But, regardless of the above, Enugu land prices are graded following a timeline of expected physical development.

Therefore, everyone in the town knows that any land from 200, 350, 400 or even 500K, irrespective of the location or community, is wilderness. It’s for the long term. The buyer is expected to use it for agricultural purposes or something non residential. The waiting period could be anything from 10 to 14 years for human habitation. This fact is irrefutable. I would be happy to not only see the land documents in my name and in my possession, but most importantly, that the said land is worth the paper is written on. I will cease to comment until the deal is concluded. Thanks.

@Spyder, I’d assume you have properly briefed the people who're preparing to buy into the lands at UGWUOGO NIKE. I’d also assume they know Ugwuogo lands are for the very long term. I’m pretty sure they’re aware Ugwuogo is far from Enugu town, and very remote. It’s not a bad idea to buy land there, but to think of building residential houses NOW in that area is not a very smart thing to do. Realistically, one would be looking at a time frame of at least 12 years from now.

This is largely because there are vast empty lands in other Nike towns bordering Enugu city yet to be sold and developed. My senior brother, on his return in Dec. 2011 , bought 18 plots at Ugwuogo at 400K per plot. Three years after, Ugwuogo is still selling at 400K. This Christmas period, I’ve seen some owners even asking for 350K.

Gentlemen, if you will be building now, think of Amorji Nike and Ibagwa Nike. Land prices at these towns are still 2M - 2.5M in the average for lands up to 600 meters to the tarred road. Then as you move beyond that, prices begin to fall to even 1.2M in the interior. You could find what you’re looking for here. These two towns hold more promise in that 6 years from today, they’ll be substantially developed. Already new houses are gradually springing up there. What’s more, they’re contiguous to Abakpa Nike which is contiguous to the greater Enugu metropolis. Therefore, buying even in their remote areas will make more business sense. The saying that “don’t wait to buy, buy to wait “ is still apt. But consider your objectives as you dive into Ugwuogo. Welcome to my state.

Op, please, how much did it cost initially to complete the project, I mean before the faults? Any immediate plans for repairs? From the comments, this project started with so much energy and expectations but ended on a sad note. May God strengthen and replenish the source. Thanks.

Firstly, Jim Nwobodo, you're not saying the truth. Ifeanyi Jnr. had little chance of surving with a stage four cancer. He was on the verge of dying whether injection or not. But the mistake the deceased made was the refusal to heed the advice of US doctors to stay put. It would have bought sometime for him.
May Allah grant his soul Al Janat.

P.S. At the end of the day, an average Nigerian living in the west stands a better chance to live longer than the biggest money man in Nigeria, because of health care. May God help us in this nation.

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That's the much touted presidential material, the hardworking fashola. He'll rather spend on capital projects like Eko Atlantic city.
Eko Oni baje o!!!!!!

somebody talk say no bi by force to marry celebrity, n i agree with him.