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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4596510 Views)
Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)
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Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:28pm On Jun 22, 2020 |
We now see the reason why some Investors with 500k will rather invest their money in bonds and other portfolio assets and they grow the investment to about N10 million before deciding to use the fund for real estate investments that has the ability to generate cash flow. But if you are a land surveyor or real estate lawyer or civil servants in ministry of lands, you can do well speculating on cheap land 7 Likes |
Re: Treasury Bills In Nigeria by MrMcJay(m): 1:29pm On Jun 22, 2020 |
emmanuelewumi: Building approvals - States C of Os - States (Federal can issue over Federal lands) Lagos took the FG to court and won from the High Court up to the Supreme Court. Now, if you have a Federal C of O in Lagos, you have to take it to Alausa for ratification. Essentially, you reapply for Lagos state CofO. 3 Likes |
Re: Treasury Bills In Nigeria by Cation(m): 1:30pm On Jun 22, 2020 |
ahiboilandgas:its about 5 minutes drive from Union homes. Close to Kuje new market. 1 Like |
Re: Treasury Bills In Nigeria by MrMcJay(m): 1:30pm On Jun 22, 2020 |
Nezzjnr: Definitely. You can reach me anytime. 3 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:32pm On Jun 22, 2020 |
MrMcJay: Festac Town and Satellite Town are FG lands and real estate projects. Does that mean Investors or landlords in that locations need to reapply for LASG certificate of occupancy? The land use act needs to be reviewed and updated |
Re: Treasury Bills In Nigeria by arduino: 1:33pm On Jun 22, 2020 |
shogbenga:Through third party. I wasn't resident in Abuja then but visit from time to time. |
Re: Treasury Bills In Nigeria by arduino: 1:41pm On Jun 22, 2020 |
ojesymsym:Same with the one in the paper oohs. At a point they said it's double allocation to first allottees then to cloned and fake papers. The case is still on as we speak. |
Re: Treasury Bills In Nigeria by MrMcJay(m): 1:42pm On Jun 22, 2020 |
emmanuelewumi: Festac Town was developed by Federal Housing Authority. FHA got a lease of 99 years to develop Festac. Federal Ministry of Lands and Housing gave land to FHA to develop and gave them C of O. FHA in turn developed and issues letters of allocation and subleases to occupants. Those buying properties in those areas called Festac Phase 2, Abule Ado, etc, need to be careful as the matter has been subject to litigation at the Court of Appeal between the FG and Omoniles. Those who need to reapply to Lagos State Government are those who bought FG properties in Onikoyi part of Banana Island, FG properties in Ikoyi, Ikeja GRA and other parts of Lagos where the land falls under Federal acquisition eg parts of Ojodu, Oke-Ira in Ogba, etc. 10 Likes 3 Shares |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:58pm On Jun 22, 2020 |
ahiboilandgas: Did you consider the cost price of such houses in Ivory Coast? Forex denominated luxury apartments investments generate rental income of between $30k to $40k per annum in Lagos. Although the investment is now saturated because of too many Investors in that space and rates are now being downgraded |
Re: Treasury Bills In Nigeria by DexterousOne(m): 2:40pm On Jun 22, 2020 |
emmanuelewumi: I'd rather invest in real estate in Ivory Coast than anywhere in Nigeria Especially in Lagos There is more structure in Ivory Coast in general. Nigeria needs to wake up ans start doing things right 3 Likes |
Re: Treasury Bills In Nigeria by sallylove: 2:52pm On Jun 22, 2020 |
arduino:pls do u mind to call them out? Is it an estate? Where please? Thanks |
Re: Treasury Bills In Nigeria by Leezah(f): 2:56pm On Jun 22, 2020 |
DexterousOne:You have really traveled. The decorum nd the serene environment alone in some other African countries will make you wonder why you a Nigerian. 5 Likes 2 Shares |
Re: Treasury Bills In Nigeria by ahiboilandgas: 3:14pm On Jun 22, 2020 |
Leezah:no wonder the number of europeans staying there |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:15pm On Jun 22, 2020 |
Leezah: I have never seen or heard of omo onile issue in Ivory Coast You buy your house Pay the requisite taxes and registration fees to the govt That's it. I wonder who cursed us in this country Why our collective mentality as Nigerians is too bad and repulsive ![]() And I'll add destructive too. I know in Ivory Coast and Tunis You build strictly according to codes Failure to do that Will result in unpalatable consequences Nigerians on the other hand do anyhow and then complain when estates they buy land in insist they build according to code (I see that complaint a lot on NL) It just seems Nigerians love doing what they like with no accountability whatsoever As long as you think you have some money You think the law does not apply to you again Shame 13 Likes 2 Shares |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:16pm On Jun 22, 2020 |
ahiboilandgas: The foreign born population in Ivory coast is higher than in Nigeria That's a fact And you see them on the street with no mopol or anything Jogging freely Moving as they like Nigerians really need rehab and reorientation 8 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:18pm On Jun 22, 2020 |
abraolas1: Very unfortunate my brother The govt seems complicit in this |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:31pm On Jun 22, 2020 |
DexterousOne: Yes, Omo onile are too powerful in Lagos and Ogun. |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:34pm On Jun 22, 2020 |
emmanuelewumi: Who and where do these thugs even come from? |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:34pm On Jun 22, 2020 |
We can't blame very big Investors who are not interested in the sector. We can generate investible funds that can build up to 100,000 low cost housing units per annum. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:40pm On Jun 22, 2020 |
DexterousOne: They work for politicians. We also have educated Omo onile in the civil service, judiciary and government. It is almost impossible to defeat them. One of the big real estate firm had to settle an Oba with a new Roll Royce, that was what he asked for as his birthday gift. Union Homes has investment worth billion lying fallow at ikoyi because of this menace and vested interests 1 Like |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:43pm On Jun 22, 2020 |
emmanuelewumi: So this validates my point That the govt is complicit 4 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:45pm On Jun 22, 2020 |
emmanuelewumi: It's a big shame on us as Nigerians And the worst part is, for the most part, Nigerians are shameless. How can we continue like this for goodness sakes? 5 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:49pm On Jun 22, 2020 |
But if FG or LASG should raise a real estate bond at 12.5%, these big Investors will invest. The corporate lawyers to such investments, SEC and other professional advisers to the deal would have gotten an irrevocable guarantee from government for such deals |
Re: Treasury Bills In Nigeria by NL1960: 3:57pm On Jun 22, 2020 |
DexterousOne: They are 'son of the soil'. Born and bred in the place. They did not come from anywhere. 2 Likes |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 4:21pm On Jun 22, 2020 |
Does anyone know of kids banking. Like investment instruments that also pay interest for unborn kids? cc Mr Emmanuel, Oga Ahib, Conglomerate |
Re: Treasury Bills In Nigeria by DexterousOne(m): 4:22pm On Jun 22, 2020 |
NL1960: So being a supposed "son of the soil" (which btw I consider to be a ridiculous construct) gives them the right to be harassing home owners and those who bought land? Nigeria needs factory reset |
Re: Treasury Bills In Nigeria by NL1960: 4:25pm On Jun 22, 2020 |
DexterousOne: Na so we see am o. The politicians are unwilling to tame them because they are used as tugs during elections. |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:32pm On Jun 22, 2020 |
DexterousOne:if i sabi french well i for like the place......i wonder who coin the word gain of africa ..we are just ants. |
Re: Treasury Bills In Nigeria by DexterousOne(m): 4:37pm On Jun 22, 2020 |
ahiboilandgas: I have a good command of French myself No problem whatsoever with French Once I organise myself and portfolio to a certain level that it can run without much of my active participation .I'd be out for good I've had enough of the madness here in Nigeria 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:50pm On Jun 22, 2020 |
DexterousOne:please do , it total nonsense i have runing gen for over 14 hours cos one small rain fall no light for 3 days ,truck they queue since monday to load ago from rain oil ....took 4 days .....the country is mess... |
Re: Treasury Bills In Nigeria by GonFreecss1: 5:07pm On Jun 22, 2020 |
Theconglomerate: Welldone. ![]() |
Re: Treasury Bills In Nigeria by Nezzjnr: 5:15pm On Jun 22, 2020 |
Things are getting clearer now Investing into Real Estate in Nigeria is a big gamble 2 Likes |
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