₦airaland Forum

lionshare:
What I find most amusing is how some people think mega projects are as simple as buying a car or building a small house. They have no idea about the layers of complexity involved—especially in financing, funding, and consultancy, which alone can cost millions of dollars before construction even begins. We need to broaden our perspective as a society: read more, travel more, and truly understand how the world operates—it's all about the numbers.

lionshare:
Stop assuming that only dirty money is involved in such purchases — that's a reductive way of thinking. These sellers are often in no hurry to offload the property because, when the right buyer eventually comes along, the price can reflect the time it remained unoccupied.

In many cases, the primary goal isn't immediate profit but capital preservation. High-end real estate is often used as a store of value, and over time, appreciation tends to deliver real returns that outpace inflation — especially when compared to more liquid assets.

jaxxy:
U guys are always thinking anyone who disagrees with u is biased or doing it out of prejudice? Some will say it's out of tribal hate for lagos meaning people can't argue or question investments present at all because some brilliant folks concluded its a great investment?

This is an open minded discussion I bring my points and position and u bring urs till we arrive at an agreement or we agree to disagree.

As for Eko Atlantic the challenges are beyond covid19 delays but I will leave that there for now.

As regards this luxury building I'm not saying it won't sell but it will be a difficult sell. The Economy isn't doing so well right now and the global real estate market is very competitive. I know some luxury apartments in ikoyi going for millions of dollars still unsold for 2 years and counting and once I see those apartments and the facilities and do a quick comparison I can immediately tell u why its been difficult to make a sale..

That's my position on this building tho this my sell faster but still a hard sell as for ROI after purchase I can't speak on that cos I don't have any details.

SlavaUkraini:
Go and ask your Ancestors why people don't buy or build properties in your family

lexy2014:
Do you have a plot or half plot inside eko atlantic?

Do you even have a bucket of sand there?

lionshare:
You are right its a mentality issue!

lexy2014:
Do you have a plot or half plot inside eko atlantic?

Do you even have a bucket of sand there?

jaxxy:
if anyone is moderately educated I think u are eligible to are facts and trends and not just act like a zombie because a supposed professional marketer or investor who by the way is looking for they own pay day through u told u to jump so u jump.

Let's see how the well ur so called brilliant folks have gone with the feasibility studies if Eko Atlantic. its still far from what ut should be intems of growth, investment and revenue.

U think so called brilliant folks are not human so they can goof? Or u have so much low self esteem to argue supposed facts presented to u by so called brilliant folks?

Max24:
Why are you envious of the rich? Was that building done with government money or private money? For people like you Dangote, Otedola and others shouldn't exist because of the poor. Is that how Americans beef their rich people - Ellon Musk, Mark Zuckerberg, Warren Buffet, etc. Note as you celebrate the rich, same comes your way.

jaxxy:
Its sad some people still think building average luxury apartments that nobody within the country can afford to live in and neither has the power or luxury level to pull foreign investment like dubai is the way to go.

Dubai model is more organised and robust than building luxury apartments all over the place.

Newyork real estate is promoted and boosted by the Newyork business climate, cosmopolitan setup and great economy.

Here we are just wasting money or probably laundering money who knows. Eko Atlantic is there gradually turning to a ghost town filled with luxury apartments but no attraction or business..

lionshare:
Their quality of thinking and education leaves so much to be desired — something everyone should be happy about, because these types of projects will attract more people with significant disposable income to live, work, and seek to earn here — which means more opportunities, businesses, and jobs will be created, even for the poorer folks.

Ekaka14:
My brother. When una dey call all these big, big money untop of one shinny "liability" wey politicians dey take launder money in the name of high rise building ...e dey make my blood dey hot.....e come be like say this boju-boju wey dem dey do us for that Country no dey finish sef...🤔

Let me tickle you a little, a responsible, honest , transparent and smart government will invest that money ($1.5bn) in Oil/gas and will pay off the loan in about 2.5 years post production if the agreement is start with production sharing formula where Lagos state system about 40% to the Chinese in the first year from First Oil date, then another 40% in the 2nd year and 20% in the mid 3rd year...let me explain!

helinues:

Nigerians will pay trust me. It's because we are used to free government services that's why some people don't pay their electricity bill.

If they get value for their money, it will be easy to pay

famouscargo4u:
It is not for the common man. You Can't tell the rich how to spend their money.

yemre:
There are lots of skyscrapers springing up on the island these days....ikoyi, VI, lekki.

The mainland cities like Gbagada, Yaba and Surulere should be getting prepared to witness this in about 5 years from now!

By then, many residential buildings in those areas will give way for the development. And Ogun State will benefit more from the spillover.

Just that their preparation, in terms of infrastructure, to accommodate all these has not even started.

lebete3000:
UBA Bank fire comes to mind

Criksus:
What's the essence of this when the common man cannot afford it? It's still the common man that will suffer for this.

helinues:
Foreign investors can do the magic without them sweating

Nkl4u:
Only for the super rich/wealthy

mainkendo:
This is beautiful. We need more of this

helinues:
The state governors are yet to take power generation seriously. They now have the power to generate their own electricity but they are still jonzing

helinues:
I read about another initiative about food security with solar power for the farmers. That's yet to make it properly to news.

So many projects, development, reforms and policies under this government which are already shaping things.

We are finished people will be finished with stuffs like this

helinues:
I read about another initiative about food security with solar power for the farmers. That's yet to make it properly to news.

So many projects, development, reforms and policies under this government which are already shaping things.

We are finished people will be finished with stuffs like this

helinues:
All these government new initiative projects, the beneficiaries, which story would the opposition tell to convince them in 2027 bayi?

helinues:
Another good news for today. We are not going to get tired if them

Tinubu signs into law Police Training Institutions Bill establishing 48 specialised academies nationwide.

By Johnbosco Agbakwuru

ABUJA — PRESIDENT Bola Tinubu has signed the Nigeria Police Training Institutions Establishment Bill, 2024, into law, formally establishing 48 specialised police training academies across the nation.

Sponsored by Senator Ahmed Abdulhamid Malam-Madori, the landmark legislation aims to institutionalise police education, promote continuous professional development, and align law enforcement practices with global standards.

The new law categorizes the training institutions into five major types: Police Colleges, Police Training Schools, Police Tactical Schools, Police Technical Training Schools, and other specialised institutions.

These academies are strategically located across Nigeria’s six geopolitical zones.Key Police Colleges now legally recognised include those in Ikeja (Lagos), Kaduna, Maiduguri (Borno), Oji River (Enugu), Jos (Plateau), and Enugu.

In the second tier, Police Training Schools have been established in locations such as Bauchi, Minna, Sokoto, Benin, Calabar, Ilorin, Ibadan, Iperu, Jos, Owerri, Nonwa- Tai, Oyin- Akoko, Ekiti, Gwaram Malabu Fufore Bende and other strategic locations, ensuring training reaches all levels of police formations.

The Police Tactical Schools are now providing elite operational training which include mobile training centres in Gwoza (Borno), Ila-Oragun (Osun), and Ende-Hill (Nasarawa); Counter Terrorism Unit schools in Nonwa-Tai (Rivers) and Gombe; and the specialised protection units in Kafin Hausa (Jigsaw). K9 Training School (Bukuru-Jos), Mounted Troop Training School in Jos (Plateau), Marine Training School in Toru-Orua (Bayelsa), and the Pre-Retirement Training School in Kudan (Kaduna).

Technical training schools under the Act cover institutions such as the Police Public Relations School in Lafia (Nasarawa) and Abuja, the Central Planning and Training Unit in Jos, Police School of Intelligence in Shere (Kwara), Communication Schools in Kudan and Ikeja, School of Music, Police Driving School, and Police Veterinary Training School.

Additional specialised institutions recognised include the Police Institute of Digital Studies and Cyber Security (Abeokuta, Ogun), Police School of Nursing and Midwifery (Ezimo, Enugu), National Institute of Police Studies (Life Camp, Abuja), Police Short Service Training Institute (Ikot Ekpene, Akwa Ibom), and Police School of Finance and Administration (Umueri, Anambra).

Senator Malam-Madori hailed the presidential assent, describing it as a transformative step toward enhancing Nigeria’s internal security framework, underlining the Act’s role in professionalising police training, advancing security research, and modernising policing culture to meet international standards.

Security experts have praised the new law as one of the most significant legislative reforms in Nigeria’s policing history.

Mbanda:
The bolded has been the dream of agbadorians

Una go wait taya!

yarimo:
1000 ATIKU, 1000 Jonathan and 5000 obi can't defeat president TINUBU in any contest anytime anywhere and any day

beerfraud:
he said Nigeria will burn if he was re-arrested in 2017
Read it here 👇🏾👇🏾👇🏾👇🏾
https://thesun.ng/nnamdi-kanu-explodes-nigeria-ll-burn-if-im-re-arrested/

Streetinvestor2:
Let something happen to him in custody first.
IT With definitely make SE and SW bond get stronger
It will make them bring more houses in lagos belonging to SE