Lekki Scheme 2

[silver surfer]

Lagos state govt has just increased capital dev levy on lekki phase 2 from 6 million to 8 million naira. i got an allocation 4 months ago which i paid for and just got my c of o. got it valued at 13 million on the secondary market a few days ago. I expect the values to go up further when the new govt price seeps into the secondary market. Allocations are no longer available if you go to Alausa so got mine through a contact very high up the ladder. anyone who is interested pls do your checks and let me know..

[cashrules]

Originally Posted by silver surfer

Lagos state govt has just increased capital dev levy on lekki phase 2 from 6 million to 8 million naira. i got an allocation 4 months ago which i paid for and just got my c of o. got it valued at 13 million on the secondary market a few days ago. I expect the values to go up further when the new govt price seeps into the secondary market. Allocations are no longer available if you go to Alausa so got mine through a contact very high up the ladder. anyone who is interested pls do your checks and let me know..

Bros... I would be interested.. how do we go abt it? What is the going price at Alausa....

[anekwlc]

Originally Posted by silver surfer

Lagos state govt has just increased capital dev levy on lekki phase 2 from 6 million to 8 million naira. i got an allocation 4 months ago which i paid for and just got my c of o. got it valued at 13 million on the secondary market a few days ago. I expect the values to go up further when the new govt price seeps into the secondary market. Allocations are no longer available if you go to Alausa so got mine through a contact very high up the ladder. anyone who is interested pls do your checks and let me know..

I am not impressed at the rate this scheme is developing. I got my c of O and my building plan approved 7years ago but cannot do anything because people are not building. Tied down my money for long. Do you think anything will facilitate the development

[Babs_O]

Originally Posted by anekwlc

I am not impressed at the rate this scheme is developing. I got my c of O and my building plan approved 7years ago but cannot do anything because people are not building. Tied down my money for long. Do you think anything will facilitate the development

Which round about or where does lekki 2 start from.
Is Femi Okunnu in Lekki 1 or 2.

[silver surfer]

your right about the slow development in lekki 2. But with the astronomical rise in the price of property in the last 2 yrs, i think its inevitable that people will start building to live there or to rent out because there is a ready market now for that area which maybe wasnt there even 2 yrs ago. I have spoken to several agents recently and they all tell me that a lot of recent buyers of lekki 2 are buying in the secondary market to develop as opposed to speculation which has been the case for many years

[silver surfer]

Originally Posted by Babs_O

Which round about or where does lekki 2 start from.
Is Femi Okunnu in Lekki 1 or 2.

lekki scheme 2 is about 5 mins from Aja. Next to abraham adesanya estate.

[Babs_O]

Originally Posted by silver surfer

lekki scheme 2 is about 5 mins from Aja. Next to abraham adesanya estate.

Thanks. So all the area before Ajah junction and perhaps Ajah itself is Lekki 1.

The problem with Lekki 2 is there is more speculation than actual people that want to build right away. That is creating undue delays for those that want to build and start living in it. There are so many estates after Ajah junction up to Mayfair Gardens and beyond. But the problem is rate of building by land buyers in the estates. It's only crown estate that has made it big at that end because the concept there is the developers builds on (say 80% or more) of the houses for the estate. And they sold houses mostly.

I have a feeling that Lekki Land is over sold in terms of real demand for housing and current infrastructure. This will cause many estates selling land to have low occupancy rates. There is also future potential Traffic problems especially for Lekki 2, if the main road is not widened to be as wide as Ikorodu Road.

[Babs_O]

Originally Posted by silver surfer

Lagos state govt has just increased capital dev levy on lekki phase 2 from 6 million to 8 million naira. i got an allocation 4 months ago which i paid for and just got my c of o. got it valued at 13 million on the secondary market a few days ago. I expect the values to go up further when the new govt price seeps into the secondary market. Allocations are no longer available if you go to Alausa so got mine through a contact very high up the ladder. anyone who is interested pls do your checks and let me know..

Is this development levy applicable to only Lagos State Govt sold land or applicable to the estates as well as those sold by omo oni le. And what is the size of the plots.

[hispy99]

Atlantic Ocean May Sink Lekki, Bayelsa
•Lagos: No cause for alarm
By Nosike Ogbuenyi, 11.21.2008

Scientists and environmental experts have warned that millions of people in Nigeria could be displaced by rising sea levels in the next half century, as ocean surges swamp some of Africa's most expensive real estate and its poorest slums, Reuters reported yesterday. Painting a very worrying picture, the experts warn that Lekki, in Lagos State, and the entire Bayelsa State may sink because of adverse environmental conditions.

But the Lagos State Government has assured the people that pre-emptive efforts are already being taken to forestall the doomsday scenario.
"Lagos is a megacity with 15 million people, half of them at two meters (6 ft) above sea level, and that puts them at risk as hardly any other big city in the world," Stefan Cramer, Nigeria director of Germany's Heinrich Boll Foundation think-tank and an adviser to the Nigerian government on climate change, was quoted by Reuters to have explained.

Cramer, speaking at the launch of a Nigerian documentary on climate change, said most scientists predicted sea levels would rise by one metre over the next 50 years or so. “In 50 years with a one-metre sea level rise, two million, three million people would be homeless... By the end of the century we would have two metres and by that stage Lagos is gone as we know it,” he told Reuters.

Lagos state government has been battling to reinforce the long sand spits such as Bar Beach which protect the mouth of the main lagoon from the Atlantic. But the effect would be limited and little was being done in terms of urban planning to adjust to the risks, Cramer told the news agency.
"Most of the construction in Lekki is bound to fail because it is built on sand which has never been properly consolidated," Cramer said. "There's only one option: moving to higher ground."

The news agency said scientists are predicting that heavier rains and higher sea levels could wipe out much of Bayelsa which has a vast network of mangrove creeks home to isolated villages and to Africa's biggest oil and gas industry. "We may lose quite a good percentage of Lagos ... and probably the whole of Bayelsa," said Emmanuel Obot, executive director of the Nigerian Conservation Foundation. "If that happens, the refugee problem will be so massive that I don't think Nigeria is ready," he added.

The creators of "Global Warming: Nigeria Under Attack" plan to show the documentary in schools and churches around Nigeria, according to the report.
With scenes of villagers sitting outside mud huts discussing using less wood in their cooking, or farmers showing crops swept away by flooding, the aim is to tailor the message of films like Al Gore's "An Inconvenient Truth" to an African audience.

"Luckily the scientists are telling us that we haven't run out of time entirely and that if we take the issue seriously, it might not be too late," said producer Desmond Majekodunmi. A heated controversy had followed similar predictions by Nigeria’s foremost oceanographer, Professor Frederick Apati, who warned in 1990 that Victoria Island, Lagos, could sink in the future because of ocean surge and climate change.

During the gala night hosted last week by Lagos State Governor, Mr. Babatunde Fashola in honour of the visiting President of the Federal Republic of Germany, Mr. Horst Koehler at Alausa, Ikeja, Cramer made a presentation on the implications of climate change in Africa.

Commenting at a late night joint press conference with Fashola after viewing the presentation by Cramer, President Koehler expressed the need for Nigeria and other African countries with coastal shelves to begin to take more seriously the dangers posed by global warming to the environment. Speaking to THISDAY yesterday, the Lagos State Commiss-ioner for the Environment, Dr. Muiz Banire, said there was no cause for alarm as the government had taken adequate pre-emptive measures to guard against global warming and ocean surge.

He listed some of the measures as the continuing shoreline protection, the Eko Atlantic City project which covers a substantial part of the Lekki Peninsula and Victoria Island shorelines, the preservation of lots of wetlands to absorb water in the unlikely event of serious ocean surge, the building of new as well as dredging of existing canals and channels to serve as de-flooding mechanisms, the acquisition of many emergency de-flooding equipment.

The Commissioner also mentioned the accelerated planting of trees to absorb carbon emission, the stoppage of burning of refuse, the increased reliance on usage of renewable solar energy by the state, the emphasis on multi-modal transportation through the establishment of the Bus Rapid Transit (BRT), expansion of water transportation channels and the planned rail mass transit systems as some of the measures taken to curtail carbon emission thereby reducing the risk of global warming.

Efforts to reach Bayelsa officials last night were unsuccessful as calls to the phones of Governor Timi Sylva and the Chief Press Secretary, Mr. Doifie Ola, did not go through.

[mosbe]

Originally Posted by hispy99

Atlantic Ocean May Sink Lekki, Bayelsa
•Lagos: No cause for alarm
By Nosike Ogbuenyi, 11.21.2008


"Lagos is a megacity with 15 million people, half of them at two meters (6 ft) above sea level, and that puts them at risk as hardly any other big city in the world," Stefan Cramer, Nigeria director of Germany's Heinrich Boll Foundation think-tank and an adviser to the Nigerian government on climate change, was quoted by Reuters to have explained.

Cramer, speaking at the launch of a Nigerian documentary on climate change, said most scientists predicted sea levels would rise by one metre over the next 50 years or so. “In 50 years with a one-metre sea level rise, two million, three million people would be homeless... By the end of the century we would have two metres and by that stage Lagos is gone as we know it,” he told Reuters.

Lagos state government has been battling to reinforce the long sand spits such as Bar Beach which protect the mouth of the main lagoon from the Atlantic. But the effect would be limited and little was being done in terms of urban planning to adjust to the risks, Cramer told the news agency.
"Most of the construction in Lekki is bound to fail because it is built on sand which has never been properly consolidated," Cramer said. "There's only one option: moving to higher ground."

All this analyst self, Where do dey get these data from? Are they for real? well if it is true. This means BIG MAN, BIG WAHALA.

[edwardaigbokhan]

Originally Posted by mosbe

All this analyst self, Where do dey get these data from? Are they for real? well if it is true. This means BIG MAN, BIG WAHALA.

i ve fallen off my sit

[prince dagbolu]

Originally Posted by mosbe

All this analyst self, Where do dey get these data from? Are they for real? well if it is true. This means BIG MAN, BIG WAHALA.

This is a serious matter for us to explore as a group so that we can educate our fellow brothers and sisters. Otherwise, their would be plenty of lives and property lost in future.

My view is that the experts have been telling us their findings for years. They believe in what they are saying, but we, ordinary lay people have chosen to disbelieve them, as if we know more than the experts. Anyway, time will tell who is right. I remember the story of Noah and the rest of them. At the time they thought Noah (the wise man) was mad. Recently, I read an article by an expert in Feb-March 2008 that the NSE was about crash. Instead of holding on to my money and wait for the NSE to crash before buying my shares. I went and bought at full speed. Now, i am licking my wounds.

I have already taken my own precaution by moving to higher ground. Well away from water.

[prince dagbolu]

Originally Posted by mosbe

All this analyst self, Where do dey get these data from? Are they for real? well if it is true. This means BIG MAN, BIG WAHALA.

This is a serious matter for us to explore as a group so that we can educate our fellow brothers and sisters. Otherwise, their would be plenty of lives and property lost in future.

My view is that the experts have been telling us their findings for years. They believe in what they are saying, but we, ordinary lay people have chosen to disbelieve them, as if we know more than the experts.

Anyway, time will tell who is right. I remember the story of Noah and the rest of them. At the time they thought Noah (the wise man) was mad.

Recently, I read an article by an expert in Feb-March 2008 that the NSE was about crash. Instead of holding on to my money and wait for the NSE to crash before buying my shares. I went and bought at full speed. Now, I am licking my wounds.

I have already taken my own precaution by moving to higher ground. Well away from water. He who has ears let him hear.

[prince dagbolu]

Originally Posted by hispy99

Atlantic Ocean May Sink Lekki, Bayelsa
•Lagos: No cause for alarm
By Nosike Ogbuenyi, 11.21.2008

Scientists and environmental experts have warned that millions of people in Nigeria could be displaced by rising sea levels in the next half century, as ocean surges swamp some of Africa's most expensive real estate and its poorest slums, Reuters reported yesterday. Painting a very worrying picture, the experts warn that Lekki, in Lagos State, and the entire Bayelsa State may sink because of adverse environmental conditions.

But the Lagos State Government has assured the people that pre-emptive efforts are already being taken to forestall the doomsday scenario.
"Lagos is a megacity with 15 million people, half of them at two meters (6 ft) above sea level, and that puts them at risk as hardly any other big city in the world," Stefan Cramer, Nigeria director of Germany's Heinrich Boll Foundation think-tank and an adviser to the Nigerian government on climate change, was quoted by Reuters to have explained.

Cramer, speaking at the launch of a Nigerian documentary on climate change, said most scientists predicted sea levels would rise by one metre over the next 50 years or so. “In 50 years with a one-metre sea level rise, two million, three million people would be homeless... By the end of the century we would have two metres and by that stage Lagos is gone as we know it,” he told Reuters.

Lagos state government has been battling to reinforce the long sand spits such as Bar Beach which protect the mouth of the main lagoon from the Atlantic. But the effect would be limited and little was being done in terms of urban planning to adjust to the risks, Cramer told the news agency.
"Most of the construction in Lekki is bound to fail because it is built on sand which has never been properly consolidated," Cramer said. "There's only one option: moving to higher ground."

The news agency said scientists are predicting that heavier rains and higher sea levels could wipe out much of Bayelsa which has a vast network of mangrove creeks home to isolated villages and to Africa's biggest oil and gas industry. "We may lose quite a good percentage of Lagos ... and probably the whole of Bayelsa," said Emmanuel Obot, executive director of the Nigerian Conservation Foundation. "If that happens, the refugee problem will be so massive that I don't think Nigeria is ready," he added.

The creators of "Global Warming: Nigeria Under Attack" plan to show the documentary in schools and churches around Nigeria, according to the report.
With scenes of villagers sitting outside mud huts discussing using less wood in their cooking, or farmers showing crops swept away by flooding, the aim is to tailor the message of films like Al Gore's "An Inconvenient Truth" to an African audience.

"Luckily the scientists are telling us that we haven't run out of time entirely and that if we take the issue seriously, it might not be too late," said producer Desmond Majekodunmi. A heated controversy had followed similar predictions by Nigeria’s foremost oceanographer, Professor Frederick Apati, who warned in 1990 that Victoria Island, Lagos, could sink in the future because of ocean surge and climate change.

During the gala night hosted last week by Lagos State Governor, Mr. Babatunde Fashola in honour of the visiting President of the Federal Republic of Germany, Mr. Horst Koehler at Alausa, Ikeja, Cramer made a presentation on the implications of climate change in Africa.

Commenting at a late night joint press conference with Fashola after viewing the presentation by Cramer, President Koehler expressed the need for Nigeria and other African countries with coastal shelves to begin to take more seriously the dangers posed by global warming to the environment. Speaking to THISDAY yesterday, the Lagos State Commiss-ioner for the Environment, Dr. Muiz Banire, said there was no cause for alarm as the government had taken adequate pre-emptive measures to guard against global warming and ocean surge.

He listed some of the measures as the continuing shoreline protection, the Eko Atlantic City project which covers a substantial part of the Lekki Peninsula and Victoria Island shorelines, the preservation of lots of wetlands to absorb water in the unlikely event of serious ocean surge, the building of new as well as dredging of existing canals and channels to serve as de-flooding mechanisms, the acquisition of many emergency de-flooding equipment.

The Commissioner also mentioned the accelerated planting of trees to absorb carbon emission, the stoppage of burning of refuse, the increased reliance on usage of renewable solar energy by the state, the emphasis on multi-modal transportation through the establishment of the Bus Rapid Transit (BRT), expansion of water transportation channels and the planned rail mass transit systems as some of the measures taken to curtail carbon emission thereby reducing the risk of global warming.

Efforts to reach Bayelsa officials last night were unsuccessful as calls to the phones of Governor Timi Sylva and the Chief Press Secretary, Mr. Doifie Ola, did not go through.

Hispy, thank you for making this article available to the forum. May God bless the work of your hand.