₦airaland Forum

A lot of young people with dreams are hindered especially because of finance and execution. What advice can you offer them?
Start small but start. Many people are waiting for a tonne of money but if you manage through being small you will find people willing to invest in you to help scale up your operations. There are also many programs that help with funding and mentorship.

more on http://zayzee..com/2015/01/amina-adefala-talks-about-gidan-nodza.html

A lot of young people with dreams are hindered especially because of finance and execution. What advice can you offer them?
Start small but start. Many people are waiting for a tonne of money but if you manage through being small you will find people willing to invest in you to help scale up your operations. There are also many programs that help with funding and mentorship.

more on http://zayzee..com/2015/01/amina-adefala-talks-about-gidan-nodza.html

A lot of young people with dreams are hindered especially because of finance and execution. What advice can you offer them?
Start small but start. Many people are waiting for a tonne of money but if you manage through being small you will find people willing to invest in you to help scale up your operations. There are also many programs that help with funding and mentorship.

more on http://zayzee..com/2015/01/amina-adefala-talks-about-gidan-nodza.html

Amina Adefala said she taught herself to make bags and other fashion accessories. She also had a piece of advice for people who want to start their own business.
http://zayzee..com/2015/01/amina-adefala-talks-about-gidan-nodza.html

Amina Adefala said she taught herself to make bags and other fashion accessories. She also had a piece of advice for people who want to start their own business.
http://zayzee..com/2015/01/amina-adefala-talks-about-gidan-nodza.html

Amina Adefala said she taught herself to make bags and other fashion accessories. She also had a piece of advice for people who want to start their own business.
http://zayzee..com/2015/01/amina-adefala-talks-about-gidan-nodza.html

Amina Adefala is the Head of Design and Chief Executive Officer of Gidan Nodza, a business venture that is into the creation of bags and other fashion accessories. Her business, which was set up in 2004 celebrates and promotes the African identity in a way that blends with trending fashion. SMEMarkethub, an initiative of GT Bank, describes Adefala as 'a designer with an eye for meticulous detail and a vision to provide her customers with unique and well-crafted fashion accessories'. Products of Gidan Nodza are mostly made of dyed fabrics and leather to cater to men and women alike. In this interview with UZEZI ADESITE, she sheds light on her business operations as well as other issues associated with the fashion industry. Excerpts:

http://zayzee..com/2015/01/amina-adefala-talks-about-gidan-nodza.html

Amina Adefala is the Head of Design and Chief Executive Officer of Gidan Nodza, a business venture that is into the creation of bags and other fashion accessories. Her business, which was set up in 2004 celebrates and promotes the African identity in a way that blends with trending fashion. SMEMarkethub, an initiative of GT Bank, describes Adefala as 'a designer with an eye for meticulous detail and a vision to provide her customers with unique and well-crafted fashion accessories'. Products of Gidan Nodza are mostly made of dyed fabrics and leather to cater to men and women alike. In this interview with UZEZI ADESITE, she sheds light on her business operations as well as other issues associated with the fashion industry. Excerpts:

http://zayzee..com/2015/01/amina-adefala-talks-about-gidan-nodza.html

Amina Adefala is the Head of Design and Chief Executive Officer of Gidan Nodza, a business venture that is into the creation of bags and other fashion accessories. Her business, which was set up in 2004 celebrates and promotes the African identity in a way that blends with trending fashion. SMEMarkethub, an initiative of GT Bank, describes Adefala as 'a designer with an eye for meticulous detail and a vision to provide her customers with unique and well-crafted fashion accessories'. Products of Gidan Nodza are mostly made of dyed fabrics and leather to cater to men and women alike. In this interview with UZEZI ADESITE, she sheds light on her business operations as well as other issues associated with the fashion industry. Excerpts:

http://zayzee..com/2015/01/amina-adefala-talks-about-gidan-nodza.html

Read full story here. http://zayzee..com/2015/01/tales-of-heart-im-scared-i-would-cheat.html

No, my life is not threatened but my marriage is! My husband has told me categorically that he can never lay his hands on me again. I don’t mean domestic violence but sex. My husband will not engage in sexual intercourse with me anymore.
I thought it was a joke when he said it, but eleven months later, he is standing firm that he can never do it.

We are in our third year of marriage and have an eleven month old daughter. At this stage in our lives, everything is supposed to be super fine with us because we are this successful young and beautiful family – we are both under 30 and work in big multinationals and live in our own house that we both pooled our resources together to purchase last year.

Everyone who sees us on the outside, even our friends and families believe everything is super terrific with us because that is what we show them, but this is far from the truth.

Click to continue reading. http://zayzee..com/2015/01/tales-of-heart-im-scared-i-would-cheat.html

Relax with this interview.

I am confused and in a place I have never been before in my life or expected to be in. Everything was well with us. There was no quarrel, no misunderstanding of sorts. Biodun said he was going out for a while and just never came back home. Before you think something might have happened to him, he is fine and alive because I have seen him but he has refused to come back home. He wouldn’t tell me what I did wrong to warrant his actions, and it breaks my heart so much because of the pain he is causing our children. click to continue reading.
http://zayzee..com/2015/01/desperate-housewives-my-husband-left.html

Great interview. Have you read it yet? Very motivating also.

Though 21 and a Business Administration/Management undergraduate of the Yaba Colleges of Technology, Lagos, Nwafor Victoria Peace is a youth with a purpose and an author. She is the CEO of NVP Fashion World. The young entrepreneur, who started her business in 2013 is a future fashion magnate that will dominate the industry. Passionate about people development, she is constantly thinking about the youths and what more she can do to add value to their lives and reduce unemployment. Click to read full interview. http://zayzee..com/2015/01/shes-21-entrepreneur-and-trains-others.html

Looking for an opportunity to meet an ideal life partner? Registration of Associates is on for free at The Spouse Company, while registration of clients attracts a 40% discount on any package selected.
The Spouse Company is a traditional matchmaking firm that headhunts on behalf of clients. You tell us your need, we headhunt on your behalf.
Promo offer runs till February 9th. Email thespousecompany@gmail.com for more information. You can also view our Facebook page at https://www.facebook.com/pages/The-Spouse-Company/365850136889525?ref=hl

Nine more days to register for free

Think about it

Think about it

Nine more days left! Have you taken advantage of the ongoing free registration? If you are single and searching, what do you have to lose, if The Spouse Company offers you six months free representation and help you find the person you are looking for? Nothing.

What will you to gain?
- Opportunity to meet someone who might be 'The One'
- Counseling by our relationship mentors if you desire
- Interesting insights on relationships, family and career
- And so much more.

Contact us today at thespousecompany@gmail.com
Free registration ends August 31st.

Nine more days left! Have you taken advantage of the ongoing free registration? If you are single and searching, what do you have to lose, if The Spouse Company offers you six months free representation and help you find the person you are looking for? Nothing.

What will you to gain?
- Opportunity to meet someone who might be 'The One'
- Counseling by our relationship mentors if you desire
- Interesting insights on relationships, family and career
- And so much more.

Contact us today at thespousecompany@gmail.com
Free registration ends August 31st.

If you are single and searching and believe in the Marriage Institution, please read this:

The Spouse Company offer consultancy services on potential spouses and relationships.
The Spouse Company is set up to offer traditional matchmaking services to single, successful and serious minded individuals from the age of 25 upwards, who cannot find the right partner due to several reasons. We are not a dating site. We meet our clients and associates one on one, work with them, understand them, develop a relationship with them, and help them find who they are looking for. If we don't have the person in our database, we go outside, searching until we find that person.
We believe in love and most of all, the marriage institution and want to help people who are ready for marriage, find their spouse, and establish their homes.

Free registration and free six months representation by The Spouse Company, is presently on, all through August and will end on August 31st.
For more information, we are on Facebook: https://www.facebook.com/pages/The-Spouse-Company/365850136889525?sk=info
email: thespousecompany@gmail.com

If you are single and searching, please read this:

The Spouse Company offer consultancy services on potential spouses and relationships.
The Spouse Company [/i]is set up to offer traditional matchmaking services to single, successful and serious minded individuals from the age of 25 upwards, who cannot find the right partner due to several reasons. We are not a dating site. We meet our clients and associates one on one, work with them, understand them, develop a relationship with them, and help them find who they are looking for. If we don't have the person in our database, we go outside, searching until we find that person.
We believe in love and most of all, the marriage institution and want to help people who are ready for marriage, find their spouse, and establish their homes.

Free registration and free six months representation by [i]The Spouse Company, is presently on, all through August and will end on August 31st.
For more information, we are on Facebook: https://www.facebook.com/pages/The-Spouse-Company/365850136889525?sk=info
email: thespousecompany@gmail.com

Please, I want a very standard office space in any of the above locations. Please, this is very serious and urgent. If you have, please mail me at uzak_uz@yahoo.com

manie: You asked the question, and you provided the answers. Obviously you are here to market your company and her products.

I asked the question because I needed expert opinions on the issue. I am a journalist. I do not have the answers. I had to talk to other experts and it is the result of what I found out that I used in writing the story.

Of course it is possible to own a house in lesser time. But every pocket is not the same. The main thing is to have a goal that is achievable. A ten year plan like this would make much more sense to a 25 year old and by 35, he or she is a home owner.

emergency2: But how will someone earning 100k per month be able to save 60k per month. Won't he pay house rent, transportation, feeding and other miscellanous, wht of if he has a wife and children.

This is just a plan to show that it is possible. But then, I took into consideration that there are people who earn less than 50k a month, who have wives and children and are paying house rent. With discipline and lots of sacrifices, anything is possible.

Emzybrown: i like this

thanks. I was really please to be able to do it, because it is a plan I can do for myself

georgikpons: 217 views no commet, na wha for una, if na sumtin wen go scam una, guys go rush in. c betta question hanging in the air like dat. Shmmmmm

Well, I was asking the question for an article I was working on, and I eventually did it and even liked the outcome because I am going to follow the plan. Since you seem interested, I will post it here for you.


As published in Hallmark Newspapers- www.hallmarknews.com


Own a home with a 10 year plan
UZEZI ADESITE

Most middle income earners are not open to embracing mortgages and housing loans as options to help in the realisation of their home ownership dreams.

Using a 10 year plan for an individual who earns N100, 000 monthly income, is it possible for the middle income earner to become a landlord of a three bedroom bungalow, without using housing loans to fast track the process? Although some stakeholders argue that it is more theoretical than practical, there are those who believe it is very possible.

Step by step
“Depending on your income level and the type of house you wish to build, you may decide to secure land first,” one stakeholder and business analyst, who pleaded anonymity, said. “Remember a home isn't built in a day, the moment you are able to secure land other things will be gradual, if your income level is such that can enable you start immediately after purchase of land, the next thing is to arrange for the plan for the type of house you need based on the available space of the land so that an engineer will be able to give you an idea of what it will cost to build it, then you can plan for savings for a year to start with the foundation. The moment you lay the foundation, all your attention should be on the house with little or no distraction to enable you achieve your dream.”

For a N100, 000 monthly income earner, stakeholders believe that he can purchase a good land in less than two years if he has the option of paying over a period of time and be able to do a foundation in another three years, if he saves at least N60, 000 monthly. For instance, Fresh Forest Nigeria offer a plot of land to subscribers in Agbara, who pay N35, 000 monthly for 20 months, which comes to N700, 000 a plot.

Niyi Osilagun, CEO of Abidoy Ventures and a civil engineer and building contractor, told Hallmark what the intended homeowner will need for foundation on a very good land is a strip foundation which today cost in minimum between N900, 000 and N1.3m for a simple designed bungalow. “This estimation is up to the level of German Floor,” he said. “It is the filling with concrete that takes most the fund.”

Going by Osilagun’s estimation of N1.3m and working on an annual inflation rate of 10%, after paying N35, 000 for land over 20 months (from Oct 2013- May 2015), the strip foundation will cost the intended homeowner N2.093, 663m if he lays it in October 2018, five years from when initial payment for land commenced. This is on the assumption that he still saves N60, 000 monthly, which will leave half a million in his accounts, after 20 months of paying for the land. Saving the N60, 000 for an additional 40 months from June 2015 to October 2018 will give him N2, 400, 000 in addition to his half a million naira. Paying an estimated N2.093, 663m for laying the foundation leaves him with a little over eight hundred thousand naira still. Five years gone, five more to plan for.

The saving plan
Eniola Philips, an independent financial analyst said the 10 year plan is realisable on certain conditions. “It is more possible if he has a separate business he had put up ahead of, or before this 10-year saving plan. It must be a business capable of re-capitalizing itself. And it is equally very possible if he has a working wife ready to support him with additional income. Also, the savings method that yields interest is the one to subscribe to.

“Fixed deposits in Nigeria do not yield much interest even if you put in 1million initial deposit. No fixed deposit for amounts below N1million, but some banks or branches of some banks will concede to N500,000 fixed deposit. You may then add up more into that if you care. The amount you add will be added to the former principal + interest on that former principal.”

Outside of embracing the fixed deposit as a way of saving towards this plan, Treasuring Bills are another alternative. Eniola Philips said: “the minimum period for buying Treasuring Bills is 91 days and minimum amount needed is N100, 000 that attracts 11.4% interest or at worst case scenario, 9% in 91 days.”

Other financial advisers say the beauty of going with treasuring bills to help save towards achieving this project is that apart from the good interest rate and ability to re-invest after the maturation of the initial investment, it is a means of strict saving discipline without an option of being tempted to withdraw the fund.

Another five years of saving N60, 000 brings in N3.6m to be added to what was left to build the simple bungalow.

Assumptions
The project can be influence either positively or negatively by events like loss of job, salary increment, interest acquired over a long period of time from investment in treasuring bills or buying bonds.

Also, where the plan fails, Kolade Akintayo of the Real Estate Exchangers and Agents Group , a stakeholder, believes a kind of financial help is what an individual will need, especially if the intending homeowner subscribes to payment plans from a property development firm. “How else can you own a home if you don’t hold an equity/debt instrument against the house?” he asked. “Buying a house is one of the most expensive transactions that people face. But then, it can be worked out if you are able to calculate how much time is needed to make contribution towards the effort. An individual aiming for personal ownership can afford 10-30yrs contribution with affordable payment plan.”

Akintayo adds that developers who can render a payment plan service, do so in partnership with institutions with the legal jurisdiction to do so like mortgage banks.

“You will find that this task is far beyond the services that a traditional developing company you see around can assume,” he said. “So consumers are to enter into a purchase contract only with developers and sign corresponding and associated mortgage agreements with such legal entities established to offer mortgage services separately.”

Stakeholders advise all investors, especially if buying land through developers and spreading payment to do their due diligence before commitment.

In search of cheap land in locations real estate investors are yet to explore and which of course have good prospects of bringing in good returns in years to come.

buzzing please

Please guys, I really need your help and response please. We are collating opinions for a report in tomorrow's edition of Hallmark newspaper and I am seriously under pressure to submit as I didn't know about it till some few hours back. Please, if you respond, please put your name. e.g Okiemute. A. Thank you very very much.

As a stakeholder, what can you say about our real estate sector after 53 years of independence and what improvement do you want to see?