NewStats: 3,264,979 , 8,185,266 topics. Date: Friday, 13 June 2025 at 03:50 AM 5e1g5v

coldcandy:
As a tenant, I will like my kitchen to be where the visitors toilet is and my vt where the toilet is. (placing the two toilets side by side is also good for evacuation piping).
I will also want a wall to screen the kitchen entrance.
Consider placing the main entrance where the window is.

Thanks a lot sir.

Swapping the position of the visitor's toilet and kitchen is a great idea since the kitchen window will add to the parlour's ventilation. Also piping of toilet waste.

However the entrance door is where it is to create a little room in balcony for clothes hanger, ac outdoor unit, gas cylinder or even inverter batteries (would have been gen but for the obvious reasons).

ahiboilandgas:
If All rational investor refuse the unrealistic and peanut 4 percent and cbn issue tb and zero subscriptions they are force up raise rate ,manage inflations ....but now cbn is having a field day ....imaging get loans at 4 percent ...

With the oversubscription CBN gets albeit a low interest rate, I think it's time to kiss goodbye to double digits NTB interest rates. Plus it s it's aspirations of CBN wanting Nigerian investors to put money into the real economy than trying to tie it down in fixed income investment.

uncleteeh:


Well, it isn't a bad concept. though the windows aren't big enough for some rooms that need enough ventilation.

Could also see that this is a concept you got online.

You may us at OAK Group to help Expatiate more on this dream of urs. We gonna advice and aid till the project come tru.
08108408732 call/whatsapp

I actually did the sketch myself. Hence it is incomplete. I want it to be criticised before approaching/concluding with an architect.

I truly appreciate your valuable contribution

ArcToyin:

Why adding another floor? I can help you have the four units on said plot without a storey.

Actually the plan is to have 12nos of this in total in a two (2) storey building.

This is purely commercial.

Kindly mention me in an old thread or share your mobile if you don't mind.

mufutau55:


Not a bad concept. But I personally think you should eliminate the Guest Toilet in a one bedroom apartment, it is overkill.
One toilet should be enough for the Occupant and the Visitor. Thank you.

Hajji M.

Much appreciated sir.

Actually the plan is to have 12nos of this in total in a two (2) storey building.

This is purely commercial. Most builders here add that to increase the rental value as it is rented 450 - 500k here in Surulere.

Good morning folks,

I plan to build four nos miniflat on a half plot. Please critic this partial design. I will appreciate candid .

Hint:

Each unit is comprised of: 1 sitting room, 1 bedroom ensuite, 1 guest toilet, 1 kitchen, 1 balcony with a shared stair case.

Thank you

Are you male or female? Your name says you are female but your profile suggests you are a gentle man.

Tell me something!!!

Mcreloaded:
Please can some one explain to me how these pictures are coloured because in 1959 all my pics came out black and white.

Then my parents were seriously well to do so I know that the pics in my house would have been coloured if there was coloured picture then.

here...

MrMcJay:


Not a problem. I don't know if personal info are allowed on this section though. You can send me a PM anytime. Will get the pictures and mail them to you and arrange an inspection if you are interested.

Or you could share them here in a general thread and mention me so we are not found derailing...

https://nairaland.unblockandhide.com/2550211/general-topic-thread-to-discuss-anything

MrMcJay:


Yeah, not a problem. He's selling in units, not as a whole. Some are 2 bed terrace duplexes and some are 3 bedroom terraces. They are in Magodo Phase 2, that's the main Magodo.

Are you willing to share here or we take it offline? no pun intended

Pix - Asaba-Onitsha- Ferry Crossing (1959)

So, prior to the construction of the famous Onitsha Bridge in 1966, how were people traveling to the East?

Well, in the early 1960s, travels across the river Niger to the eastern part of Nigeria was achieved with the means of river ferries of various sizes.

Below are photographs showing travelers at the jetties and landing points at Asaba end of the river in 1961.

Pix 1 - Asaba Ferry Landing (March 1961) Photo Credit: amightytree.org

Pix 2 - A private enterprise river ferry stopped at the main Asaba enger-landing dock in 1966. Photo Credit: Laurens Dawes.

Pix 3 - The Asaba riverbank and ferry in 1960. Photo Credit: Asabamemorial.

Pix 4 - A view taken just off the Niger River banks looking backward along the eastern front of 1960s Asaba, photographed from aboard a Ferry headed southeastward toward Onitsha.. Credit: Almightytree.org

Source - https://autojosh.com/see-how-people-traveled-to-onitsha-before-the-construction-of-the-niger-bridge/

Cc; justwise, DisGuy)

MrMcJay:


I'm advising that he cuts his losses and moves on. If you decide to bring an action to recover unpaid rent and recover possession, how much would you spend on legal fees and for how long are you ready to drag it?
Now, calculate her unpaid rent for 2 months and decide which is easier to forgo.

Bad tenants can ruin an otherwise profitable investment. I have a client who is selling his 13 units of terraced duplexes at Magodo just because of tenants wahala. Prospective tenants are willing to pay 4M per year per duplex but he has refused, he's stuck to selling.

Would you mind sharing more details, is he selling units or as a whole?

SyberKate:
Mr A and Mr B were given a cash inheritance of N60 million each after the death of their rich grandfather in Year 2000. This was during the Obasanjo years when the Fx rate was about N120/$. The inheritance was worth about $500,000 - cool money!

Mr A, an entrepreneurial minded person, bought a very big house in VGC with the N60 million. The house has valid legal title and has obtained the “Governor’s Consent” on the Deed of Sublease.

The property earns N2M annually in cash from the house rent. This means he has made another N40M (N2M x 20 years) while also still owning his house. He saved his N60M rent income in Standard Chartered Bank.

Mr B, a career engineer with strong finance knowledge, went to EKO hotel to convert the money to dollars. He deposited the $500,000 into his bank in Sterling Bank, the “1-Customer” bank.

Due to their interest to tly apply for a bank loan, the two brothers invited to prepare a special statement of their net worth in NAIRA (and a separate one in dollars), based only on their real estate properties and bank balances.

Mr A‘s property at VGC has been valued at N80M based on a recent property valuation exercise that was done by Jeunkoku Olorinla & Co, a firm of Estate surveyors and valuers.

Although Mr A made a gain of N40M on his inheritance amount of N60M (worth about $500,000 when he collected his inheritance), the foreign exchange devaluation (from N120/$ to N360/$) has decreased the value of his VGC property down to $222,222

It would have been worse for Mr A if not for the property value appreciation during the 20-year period that has been recognised. But why?

However, Mr B was able to hedge the Fx risk by holding a US$ denominated asset whereas Mr A’s property was held in a property market that is Naira based and valued (even if he had used US$ to settle the payment for the property in VGC).

The takeaway is that HNIs in countries with currencies that are highly volatile (like Nigeria) must seek to balance their asset portfolio with a good currency spread to hedge against FX risks, in order to preserve value in their asset portfolio

The issue is not the turn over at the end of the day, its a problem of ability to forecast, predict and faith in a particular currency pair appreciating against the other.

For real estate that is a tangible asset you can hold unto.

Tvegas:
Thanks for highlighting this. When this COVID issue started i told many people around me that they should watch Nigeria, she will manage this well and come out OK. It wont get destroyed like the CNN and the western world predicted death-wise.

I guess The OP has bought so much into the western propaganda to the extent of being dissapointed for not seeing dead bodies littering his/her country. Black man, such a sad story.

I listened to an analyst on Channels TV saying we may not even go into a recession as its been widely publicized...I think we do well with pressure!

ahiboilandgas:
Been residential dosent stop it from generating income via rents ..it can be a commercial allocation and not generate rents

Boss,
Please ask that your friend that use to get distress sales. I am very much interested in any good one with good ROI. Block of flats for commercial purposes is best.

My 365days T-bills is almost maturing and from the look of things I don't want to tie down capital...

Much regards sir as you have been more than an inspirations and a moving store of investment ideas with proven results. Some information you provide here for free (especially the downstream business) will for seminars and workshops we could never afford to pay to attend.

Oh dear....how fickle life is...

Saw this man last year when he came to give a speech
in Transcorp hotel Abuja with his entourage.

Now he'll be alone in a bodybag on his way to his final resting place...

1. Is the land/area water logged?
2. What documents are available for the land?
3. Are your fees or the land cost negotiable?
4. Can you share any pictures of the area to show if it's a developed area or still far from developing?
5. Related to no.4 Are people already living around or is it safe to develop immediately?

emmanuelewumi:



Build wealth slowly and steadily with your capital and speculate with your dividends or returns from your investment

Words on marble!

1kinggy:


Most of those rates are p.a.

So divide them by 12 to see what exactly they are offering you.

Thanks I know the rates are annualized. However, I need someone who has run the investment for sometime successfully or not to give an honest review or on lessons learned.

Please who has any experience or encounter to share about Opay's savings @12% and 14% for 15 and 30 days respectively.

In my opinion, I think the Next Of Kin Hierarchy is key. I stand to be corrected...

In order to qualify as next of kin in this situation, a person must be over 18-years-old. The relationships listed below usually apply to biological, adoptive, half-, and step-relations equally.

Spouse/domestic partner

Children 

Parents

Siblings

Authorized guardian

Grandchildren

Great-grandchildren

Nieces and nephews

Grand-nieces and grand-nephews

Grandparents

Aunts and uncles

First cousins

Great-grandchildren of Grandparents

Second cousins

Fiduciary (a legally appointed trustee) 

In some states, a close friend who is familiar with the deceased’s wishes may qualify as next of kin if no one on the above list is available or able.

selfwife:
In my own side, when a man dies, his first child carries the responsibility of the burial. If the first child is a female, her husband buys the coffin. I think it is believed that the grieve will be too much for the wife that's why the I children have to take responsibility for their father's burial .

What if the mother is able to pull herself together and has a preference over how the disposition of the remains should go? This is usually the case where there are wide difference in tribal and religious inclinations of either parties. What do you think?

In preparation for funeral rites for a late father, between the mother and first son, who is to make decisions?

This is in the Nigerian context, kindly share your knowledge on this subject. Thank you

Hello,

Why are you using alternate monikers to hype and reference your sale?

prisho7:
Interested

spautos:
I am still expecting u to come fix it for me

pswglobal:
Pls get it installed now. We can also come down to ur house, office to install it.

This is fraudulent!!!

If you have a great product, it will sell without using deceptive posts to sway unsuspecting potential buyers. These are the kinds of practise that is making NL loose its integrity by the day.

PS:

No picture of your product, no address, no price tag