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Autos / Registered Benz ML320 Jeep. Give Away @ N1.150m in CITEC Estate, Jabi. Abuja by swanbest: 10:41am On Aug 17, 2012
ML320

V6 Engine

Leather

Alloy rims

Automatic

Airbags

Anti-lock braking system.

Power steering

Factory AC

Power window

Power mirrors

Doors:4

CD player/Tape/FM/AM

This Nigerian used benz ML jeep was rarely used by the owner within the last 2 years its been registered because of official car from work.

Vehicle is still in a very sound condition.

Call Mrs Ogungbe:
08098459547
08160489735

BB PIN 26B44EF4

Location: CITEC ESTATE, AIRPORT ROAD. JABI. ABUJA
Autos / Nigerian Registered Benz ML320 Jeep For Sale By Owner N1.150m by swanbest: 12:12pm On Aug 15, 2012
V6
Half Leather
Alloy rims
Automatic
Airbags
Anti-lock braking system.
Power steering
Factory AC
Power window
Power mirrors
Doors:4
CD player/Tape/FM/AM
Call Mrs Ogungbe 08098459547 or 08160489735

This Nigerian used benz ML jeep was rarely used by the owner within the last 2years its been registered.
Vehicle is still in a very sound condition.
Properties / Re: Calculations And Requirements For Obtaining A Building Plan Approval In Lagos by swanbest: 4:13pm On Aug 25, 2010
It must be easier and cheaper to get a building approval in any other part of the country or indeed the world than Lagos State. I started processing an approval for two buildings (8 flats) 15 months ago in Agege. The application spent about a year in tax clearance verification department and then came back with a request for me to pay N450,000 for 2009. We are not even talking of 2010 yet. Problem though is that I don't live in Nigeria.

So far have spent over N300,000 and am not closer to getting an approval now than when I started. Still wondering what to send them as my Tax Returns may not be enough. Bigger questions is how long it will take them to do the verification if and when I do send my Tax Returns.

It'll be nice if one can walk into their office and get a list of what they need etc and also be able to do the follow-ups but then how will touts feed their families?

The lady (staff) processing the application for me even advised me to go ahead with my construction and just keep something aside for the boys from the council when they show up. Maybe if am a politician with stolen money, I can do that but not with my hard earned £s including loans that must be paid back.
(God save Nigeria)
Politics / Africa Lost £1tn In Illegal Flows Of Money by swanbest: 9:18pm On Apr 01, 2010
Much of illicit outflow has gone into western financial institutions

More than £1tn may have flowed out of Africa illegally over the last four decades, most of it to western financial institutions, according to a new report.
Even using conservative estimates, the continent lost about $1.8tn (£1.18tn) – meaning Africans living at the end of 2008 had each been deprived of an average of $989 (£649) since 1970, according to the US-based research body Global Financial Integrity (GFI).
The report says globally in recent years much attention has been focused on corruption – the proceeds of bribery and theft by government officials – and this only makes up about 3% of the cross-border flow of illicit money around the world. The proceeds of commercial tax evasion, mainly through trade mis-pricing, contribute 60% to 65% of the global total, while drug trafficking, racketeering and counterfeiting make up 30% to 35%. The report says Africa's percentages are likely to be roughly the same.
The scourge eats into Africa's total GDP, says the report, Illicit Financial Flows from Africa: Hidden Resource for Development. Losses rose from around 2% of GDP in 1970 to a peak of 11% in 1987, then dropped below 4% for much of the Nineties, only to increase again to 8% of GDP in 2007 and 7% in 2008.
The GFI says that existing research shows that most flows to western financial institutions, and calls on G20 members to crack down on international banks and offshore financial centres.
Illicit outflows from Africa grew at an average 11.9% a year over the four decades. Some of this is attributed to oil price rises and increased opportunities to mis-price trade.
"It is not unreasonable to estimate total illicit outflows from the continent across the 39 years at some $1.8tn," writes Raymond Baker, director of the GFI.
"This massive flow of illicit money out of Africa is facilitated by a global shadow financial system comprising tax havens, secrecy jurisdictions, disguised corporations, anonymous trust accounts, fake foundations, trade mis-pricing and money laundering techniques."
This capital loss has a devastating effect on development and attempts to alleviate poverty, the report says. Even by a more conservative estimate, using accepted economic models from the World Bank and the IMF, Africa has lost $854bn in cumulative capital flight between 1970 and 2008, the report notes. This would be enough to not only wipe out its 2008 external debt of $250bn but potentially leave $600bn for poverty alleviation and economic growth.
"Instead, cumulative illicit flows from the continent increased from about $57bn in the decade of the 1970s to $437bn over the nine years 2000-2008."
Africa lost around $29bn a year between 1970 and 2008, of which the Sub-Saharan region accounted for $22bn. On average, fuel exporters including Nigeria lost capital at the rate of nearly $10bn a year. "The impact of this structure and the funds it shifts out of Africa is staggering. It drains hard currency reserves, heightens inflation, reduces tax collection, cancels investment, and undermines free trade. It has its greatest impact on those at the bottom of income scales in their countries, removing resources that could otherwise be used for poverty alleviation and economic growth."
It says that the huge outflow explains why aid efforts to reduce poverty have underachieved in Africa. "According to recent studies by GFI and other researchers, developing countries lose at least $10 through illegal flight capital for every $1 they receive in external assistance."
Properties / How Do I Get An Approved Building Plan In Lagos State? by swanbest: 3:58pm On Dec 18, 2009
Hi all,
Please I need help, especially from the professionals on how to get my building plan approved.  I bought the building in Agege area of Lagos not too long ago.
What are the processes for obtaining this?
What is the likely cost? 
Roughly how long will this take in Lagos?

Please note that the building is half way completed and I'll like to get this done before  resuming work at the site.

Thanks
Properties / Getting An Approved Building Plan In Agege. by swanbest: 12:07pm On Jun 18, 2009
Someone please give me a good idea either from experience or their professional knowledge of a rough estimate of cost and time line for getting an approved building plan for a building consisting of 4 flats of 3 bedrooms each in Agege, Lagos

The property is currently 2 flats of 3 bedrooms each and decked. The previous owner does not have a building plan for the property. I want to complete the building and build it up into 4 flats (that is to complete the upper floor)

I don’t live in Nigeria and so far have spoken to up to 6 people ranging from Architects to builders and designers etc. And each time, there is always a huge difference in price, timeline and how to go about it from each of the so called professionals

Any and all advice will be greatly appreciated.
Nairaland / General / Where Is The Best Place To Live In Ibadan? by swanbest: 5:17pm On Apr 11, 2009
I currently reside in the UK and planned on moving back home soon.  My wife and I have both decided to make Ibadan our new home, problem though is that non of us know a lot about the city as we were both born and raised in Lagos before relocating to the UK almost 20 years ago.


We therefore need help in deciding where in the city to concentrate our efforts, especially areas with gated estates, good security, infrastructure and that are reasonably priced.

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