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| form for purchase |
Sale of plots of land at Aparakaja Casia Village
INVITATION TO SUBSCRIBE TO PRE-PURCHASE OF RESIDENTIAL AND ANCILIARY PLOTS WITHIN SKYFIELD ESTATE, ABIJO, LEKKI, LAGOS
LOCATION
The subject project is located at KM 46 on the Lekki-Epe Expressway, directly opposite the Lagos State Government Abijo Scheme and about 2 KM from Crown Estate. It is also well before the turning into Awoyaya on the left as well as the turning to Akodo on the right. The propose permanent site of Pan African University is a distance ahead.
The estate perimeter boundary is already demarcated by a low fenced and it is accessed via a private road of about 300 meters along running from the Expressway and thus lie directly behind the first line of plots fronting the Expressway.
LAYOUT & INFRASTRUCTURE
The Estate land covers approximately 11.4 hectares and has been laid out to contain 38 No 800m2 plots 39 No 1000m2 plots –residential as well as 10 differently sized plots for ancillary Users. Details are shown on the Preliminary La...Read more
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REAL ESTATE FUNDING
The various policy reforms under the democratic administration of Chief Olusegun Obasanjo since incepetion of the second term in year 2003 have paved way for tremedious progress in Nigerian economy particularly within the capital market. In the process of reforms, the change in baton from Chief Joseph Sanusi to professor Charles Soludo compelled the consolidation in Banking Industry.
However, the Governor of Central Bank of Nigeria under the distinguished Prof. Charles soludo charging any bank willing to operate in Nigeria to possess minimum capital base of =N=25 billion. The re-capitalisation has greatly favoured capital market. A lot of banks in Nigeria have made initial Public Offer (IPO) to meet up with CBN requirement. The dealine for the recapitalisation is December 31, 2005.
Alos the consolidation has been extended to insurance firms in the country as well. In essence, the re-capitalisation would bring about:
*Healthy and efficient operation in both banking and insurance industry.
*Create room for keen competition in the financial sector.
*Provide employment opportunities.
*Provision of long- term finances for real estate and other forms of investment in Nigeria.
* Availability of cheap funds to trade with and also reduces the lending rate.
It is high time the Mega Banks that would survive t...Read more
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