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😮😅

Interesting take

This is what happens when a country lacks systems and structures. Most of this premium estates in Nigeria are in-fact considered ghettos in the first world. Real estate development goes beyond building fancy houses. We have to learn to develop lands and lay proper infrastructure before building on it otherwise we’d keep having these issues, and end up creating beautiful ghettos which are bound to be demolished by future generations. Everything in Nigeria is about making quick money. Nobody cares about standards and creating legacy for our generations unborn. We travel to Europe and the Americas to tour structures built over 500 years ago that are still standing. Travel the length and breath of Nigeria, there is nothing. Our architects have even become so lazy that they can’t ideate. You get an architect to do a project for you and all you get back is copy and paste drawings. Even worse is the fact that the business of real estate agency in Nigeria is unregulated. I learnt this recently and was amazed at the systemic failure that allows such to operate. Every where you go in the world, agents are regulated and required to be registered to their state of practice and attain certain level of training with further requirements for continuous professional developments in other to professionally service the public in line with the laws. However this is none existent in Nigeria which explains why agents can unilaterally jack up property prices with no basis, just to earn more commissions, as you mentioned in one of your videos and even have prospective purchasers pay agency fees that should have been paid by the seller whom the agents are representing. There has also been incidents where agents provide falsified information to Diasporean buyers claiming the area is not flood prone, whereas it is, just to seal a deal, an act that gives a buyer the right to withdraw from such deal in developed nations at any time as it is classed contract procured through fraud. But in Nigeria there appears not to be any consequences for this and other despicable behaviour hence the reason it keeps happening. So until we fix our systems and processes, am afraid no amount of demolition could help us. Valuations, town and city planning need to be taken seriously if we would ever get out of this rot we have found ourselves. Imagine selling a property for millions of Naira which cannot be underwritten, collateralised or backed up by a basic bank valuation. The whole system appears to be one big joke!

They built houses where water is supposed to go through. Town planners and developers need to bring an end to this nonsense!

It does not help that everything is covered with concrete. There is no earth or grass to soak up rain, then added to that the lack of any drainage system. People still have boreholes and cholera is a problem. I was looking to invest in Lagos property but after what I saw on a trip last year there I was disappointed. Nigeria just does not work. Let me keep my money in UK and investigate Ghana, South Africa 😑😑

lolzz, this water dont have any where to go? is channeling water rocket science for Africans? You people should keep pushing government propagandas!

Mediocrity wan finish Nigeria 🤣🤣

5 years to reach almost half construction of a 20 story building! Wow! That is mind blowing fast!

Why do Nigerians give big attention to something because of pride. Every body wants to live in lekki even when its sinking 😂 everybody wants to use iPhone even when they don’t have money to pay for subscriptions, so many stupidity in a country without 24hour light that if they see 23 hour light they’re proud of it 😂

Me I just don't know why they used interlock for the entire Ejo Atlantic instead of Asphalt/concrete.

Tinubu the Lagos you build is fooled you want apc to rule edo again you lie apc is dead in Nigeria you are dreaming

You guy's have build houses everywhere and if the government wanted to pull down some structures now,people's will complain again

$30,000 about 45 million naira per sq. meter. Interesting. That will make about 45 families in Makoko instant naira millionaires.

you speak too low for me to understand what you are saying.

Rain never start well, and it's flooded like this. Ok ooo

Bad planning, poor drainages no flood gates, no pumping stations for waste water, no contingency plan for flooding and many more! Stupid people in government all they do is steal public funds. Agberos everywhere, Potholes and bad roads! Hell on earth. 😭

I saw the very SAME Video a while ago; however, I did not see the London. U.S. Embassy

Eko Atlantic City, FIRST it was $5 Billion now it jumped to $10 Billion, Hmmm

Look at this nonsense! This is why the Lagos government is destroying these useless houses illegally built on drainage.

If you want to live in Lekki, just add a boat to your collection of vehicles.

Thank God for shangotedo down to epe

LET ME REPLY YOU IN CAPITAL LETTERS SO THAT IT CAN SINK...WHAT HAS THE GO GOVERNMENT OF LAGOS AND NIGERIA AT LARGE DONE TO PROTECT PEOPLE'S INVESTMENT FROM BEING DESTROYED BY YOUR SO CALLED LOW LIVES. HOW MANY PEOPLE HAVE BEEN ARRESTED FOR SUCH. THE LANDMARK BEACH DEMOLITION COULD HAVE BEEN AVERTED BUT YOU SAW WHAT PLAYED OUT. AND HOW MANY OF THESE YORUBA MEN HAVE GONE ON TO CONDEMN PUBLICLY THE ACTIONS OF THIS LOW LIVES.

I remember some 28 years ago before this Lekki boom started, a German company that lost out on the contract bid to develop Lekki made this statement that Lekki will be flooded because it is below sea level and the Lebanese Chagouri brothers they gave the contract to did not dredge Lekki against flood and started building straight away. Now you see the results.

Thank God the Igbos don't own the heavy rain that floods Lekki, else the Governor would have "demolished" it.

They said the govt is working on it. Idk how true that is. This is not cool.

Such a poor presentation.

Rubbish

I recently just purchased 8 flats in Ibadan over 3000sqm for just 22m (its worth around 40m). Ibadan is definitely a great investment opportunity for those who are looking for steady long term growth

Kudos to the gov of ibadan

Bro, this just happened?

Lagos is governed by crooks and criminals. Ignore this deceptive commercial. The will sell you property and later come to reclaim it by force. Besides, there is no rule of law in Lagos. Run away from these people.

Sell the land to only yoruba which I doubt 😅

GOD is a miracle worker Amen 😅

Absolutely true 💯

Oyigbo please go and invest in your land thirs place like home avoid to embarrassment

Ok, good information, but you, yourself are you true and honest ? That's my take😮

I'm currently looking for reputable off-plan property opportunities in the Lekki/Oniru axis. Initially for personal use, but I'll also consider buying units for investment. Kindly help with your advise and guidance.

Nigeria is a difficult place to do business. You always have to be so so so careful. You risk losing your money and investment.

Top ten or top dreamers?No Makarios? No Amen?

Let him keep doing it until he gets better.

Are they making these in nigeria?

And who will go there? Igbos please avoid that… landmark was destroyed… the project not continued anymore.. be wise

As a real estate person, i have a question for you. Why e be say abroad looks like abroad but once you enter Naija you will know? These types of places dont exist in naija, very organized and clean. We are not disciplined in naija at all. We need building codes in nigeria as a whole where our people build a certain way, organize a certain way and always keep the front yard clean. We dont do those things at the moment.

How do we confirm the c of o ourselves

Good content as usual!

Calculated risk

Wow… I still tried to endure listening to this midpoint And I am lost… are you sure you’re not confused yourself at what you’re saying?

So off point time wastage. Learn to engage viewers better by getting to the point sooner

Because he no no englishoo

Bro go learn English before youtubing-