Stats: 3,236,569 members, 8,102,672 topics. Date: Wednesday, 12 March 2025 at 05:13 PM |
Nairaland Forum / Nairaland / General / Properties / AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing (17170 Views)
Bluestone Treasure Estate Mowe Town Selling Lands With C Of O / Western Hilltop Estate By Ikola Road Alagbado Now Selling Lands / Now Selling Lands At Haven Garden Estate Enugu (2) (3) (4)
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by kpompey: 5:06pm On Mar 04 |
Immatex:so that you can get more mortgage that you will serve for 45 years. What is the probability that you will be here in the next 45 years. You better don't leave debt for your children |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by Komu1048(m): 5:10pm On Mar 04 |
Immatex: Thanks bro, at least I have about 15 close pals all over the Europe and America. Non is doing multiple jobs and they are not only fine but helping us at home. Na only film n papers I dey see multiple jobs, rather it's Nigeria that people are doing multiple jobs, like I'm doing right now n yet nothing to show for it |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by Angelfrost(m): 5:11pm On Mar 04 |
While they are in Nigeria, the land is really of no use or little use to them when they are suffering and struggling. Some actually sell the lands while in Nigeria, use the money to start business in Nigeria, and still fail woefully. So, relocating with the land sale money to start all over, improve or succeed and return to purchase more lands makes far more financial sense. After all, Naira can never measure up in value to Euros, Dollars and Pounds. Don't be dull, Mr. AY! 3 Likes |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by Quelme: 5:12pm On Mar 04 |
This AY na mumu. Car, house, food or anything material is not even my problem at this level now. For abroad, na you go tire for everything. Don't let anybody deceive you, sell and japa to main Europe or North America, Australia or New Zealand. 1 Like |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by iLoveYouToo(m): 5:13pm On Mar 04 |
Shallow argument |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by SirLakes: 5:22pm On Mar 04 |
na why hin wife no fit stay be this.............this guy mumu die. see mumu question 1 Like |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by Kongaone: 5:29pm On Mar 04 |
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Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by kedeojo(m): 5:36pm On Mar 04 |
YoungLionken:I don't know why AY choose to talk this way. I haven't seen any body who sold his properties and japa to America, Canada, Australia and even UK and after about five years is not far better. Some guys in my town sold uncompleted houses and cars and travel. Fews down, they are far bigger. Let AY don't go and be discouraging people. 1 Like |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by Saudivisa: 5:37pm On Mar 04 |
Immatex:lies land bought for 20m in 2017 sold for 130m 1 Like |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by dododawa1: 5:43pm On Mar 04 |
OLD YARIS |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by Immatex(m): 5:47pm On Mar 04 |
Saudivisa: I pray ooh. Land marketers and their exaggerations. I am not an advocate of land banking like they call it. It’s not an exact science. |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by micflo28(m): 5:53pm On Mar 04 |
The land did not make them rich while they were in Nigeria, so they sold it to move to a nation where wealth flows, got rich and bought the lands again. So the point is that the have riches and lands together. So AY stop discouraging people from making life changing decisions. |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by AdeifofGod: 6:00pm On Mar 04 |
Saudivisa: This is a good return on investment in 8 years, about 35 to 40 thousand profit in dollars... Very good investment. |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by Miramonica: 6:23pm On Mar 04 |
Stupid question from a foolish man |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by OChimex: 6:26pm On Mar 04 |
jocelynor: It's bad investment to work in America and use the dollar you make here to buy properties in nigeria in the name of investments. I don't mind people building nice homes back home for their occupancy. I agree to that if you want to relocate permanently, soon. And stay back in nigeria. But if not, that's a bad investment Let me explain mathematically... 2020, $1=365, you sent home $10k to buy land. Thats 3.65 million Naira. 2025, 5 years later, the land aporeciated to 10 million naira. Now convert the 10 million back to dollar, that's $6.6k Your $10k is now worth $6.6k. 2 Likes |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by Dijita: 6:35pm On Mar 04 |
OChimex:if you invested the money in America stock market you would have at minimum 15% returns. |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by caracas: 6:55pm On Mar 04 |
Wealthoptulent:There's absolutely no sense in what he posted. They sold their land for a better opportunity I know some one who sold his father's Land to go abroad but after just two years he bought back the land n surrounding lands, brought down the structures n built a magnificent structure that the whole village adores till today. After all ppl sell their cars or any other property to fund a business to later buy a bigger car .... 1 Like 1 Share |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by Agbaka1997: 7:02pm On Mar 04 |
https://www.youtube.com/watch?v=v12k5tacFRw?si=vI9e5i8DBMDvYPFV Lawrence Nomanyagbon Anini, born in 1960 in Benin City, Nigeria, became one of the most notorious criminals in the country’s history. Initially a taxi driver, Anini’s criminal empire began after he started working for various gangs, later forming his own with members like Monday Osunbor and Ofege. His gang committed a series of violent crimes, including car hijackings, bus robberies, and a fatal bank heist in 1986 that left many dead. The public, captivated by his audacity, followed the "Anini Saga" as the media painted him as a larger-than-life figure, further fueling his infamy. Anini's gang operated with impunity, allegedly aided by corrupt police officers who allowed them to continue their violent rampage. This collusion made their criminal activities more daring and deadly. In December 1986, after a nationwide manhunt led by Superintendent Kayode Uanreroro, Anini was finally captured in Benin City, marking the end of his reign of terror. His arrest brought relief to the nation but left behind a lasting legacy of fear and violence in Nigerian society. #LawrenceAnini #NigerianCrimeHistory #CriminalEmpire #LawEnforcement #MediaInfluence #CrimeConsequences #PublicSafety #Nigeria Please remember to kindly subscribe to this channel. |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by tunapawizzy: 7:20pm On Mar 04 |
For a lot of Nigerians, to sell land and travel makes a lot of sense. 1 Like |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by DMCY: 7:23pm On Mar 04 |
Judolisco: You same people will come and advertise still been in the country as a bad thing and celebrate their jandism 😏. Bloody hypocr!tes… |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by meobizy(f): 7:31pm On Mar 04 |
It means he’s as dumb as he looks. How will an economy flourish if cash does not circulate? That is why the white man created holidays for spending because people would rather dig a hole to hide their earnings. Taxes are created from selling the land here, forex is made when the individuals send money home to buy lands. Normally, with the cash they make, they buy more lands than owned previously. 1 Like |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by jmichael259(m): 7:34pm On Mar 04 |
Wealthoptulent: Not everybody ends up like Badenoch. The richest Nigerians and their wards are steady parading in Nigeria. Many people just went within a period with a target (to change their family condition) and returned voluntarily thereafter. I have also seen Nigerians who had to return at the end of their Visa and many more who got deported after many years. Wouldn't it be better if they at least had some roof and little investment to 'save face' and bounce back on their feet!? "Do not despise humble beginnings." As newbies in a strange country, any investment or backup at home is not a senseless move in their foundation years. When they get permanent residence or citizenship and/or if they prosper, it wouldn't be a problem to leave these ones to their relatives or sell them off. |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by Orch1981: 7:53pm On Mar 04 |
Morbeta11:Na now I know say this AY of a guy no get single sense |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by jocelynor: 7:56pm On Mar 04 |
OChimex: Smh for u, u talk like who dey tie for village. People who are wealthy don't only invest in their country they invest outside wat stops u who lives outside to invest in ur country. Or u think all those houses in lekki are built by bankers ![]() |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by PAQ(m): 8:33pm On Mar 04 |
I am not with the Jappa syndrome, but going over there you can buy back your sold land and in not a long while buy some more doing a honest job. In Nigeria you will labour yours ass off to get a good property and most is through one or two shady means and cutting corners. I'll use myself as an example; I have a cousin abroad, about same age, he has properties across 3 Nigerian states and still acquiring while after 20yrs of working my ass off i have one house in FCT and a piece of land only God know how i will raise money to develop it. In all i give God thanks for being contented with what i have knowing he will make a way. There are others who sold their to jappa, and till now nothing good to show for it. Its life's gamble, either be contented with what u have or be ambitious and toss your coin. 3 Likes |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by RodgersAkpafu: 9:24pm On Mar 04 |
Wealthoptulent: Well said |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by OChimex: 9:41pm On Mar 04 |
jocelynor: You sound naively poor.. First of all, argue with numbers and statistics not sentiments. Do you have 500k in your account now? Have you lived abroad? You will only understand when you do... |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by jocelynor: 9:42pm On Mar 04 |
OChimex: Wen mumu finally get data it want to show it self. Better start downloading wat will keep u busy ode |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by OChimex: 9:43pm On Mar 04 |
jocelynor: Poor sick thing. See food chop first Foolish village idiot who hasn't entered plane first in his life |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by jocelynor: 9:46pm On Mar 04 |
OChimex: Lol says d monkey stuck in a village some where, hahahaha |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by OChimex: 9:50pm On Mar 04 |
jocelynor: Most of you idiots don't know who some of us here are. Go to my profile and see my pic. You silly thing 1 Like 1 Share |
Re: AY Questions Nigerians’ Cycle Of Selling Lands To Relocate, Then Repurchasing by femi4: 9:54pm On Mar 04 |
Morbeta11:You sell one to buy many...he was just being mischievous |
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