IKENGA BLOG

FIVE REVEALING REASONS WHY INVESTING IN REAL ESTATE IS BETTER THAN SAVING IN THE BANK Some feel that saving money in the bank is a good strategy to building wealth. Though it is very good to save, it is not a good wealth building strategy. The gains of real estate investment far outweighs that of saving in the bank for the following reasons. 1. Currency always diminish in value while real estate appreciates: The purchasing power of money continually diminishes. The things One million naira could buy five years ago are not the same things it can buy today as the prices of goods have gone up. However, real estate always appreciates. If you buy a plot of land in a good location, take effective possession and perfect necessary documentation today, in five years time, you can sell it for double (or even triple) the price you bought it. 2. Return on savings is infinitesimal while returns on real estate investments are huge: When you save your money in the bank or do a fixed deposit, your...

How Okiro’s Police Service Commission Stops Junior Police Officers’ Career Progress SaharaReporters exclusively gathered that policemen in these categories are routinely ignored by the PSC, despite having obtained higher education, when vacancies exist in the Assistant Superintendent of Police cadre. BY SAHARA REPORTERS, NEW YORK The Police Service Commission (PSC), SaharaReporters has been informed, actively works against the interests of well-educated members of the inspectorate cadre as well as the rank and file of the Nigeria Police Force. This website exclusively gathered that policemen in these categories are routinely ignored by the PSC, despite having obtained higher education, when vacancies exist in the Assistant Superintendent of Police cadre. The Nigeria Police Force has three entry levels. One is by enlistment into the constable cadre, while another is via enlistment through the cadet inspector cadre. The last is via the Assistant Superintendent of Police (...

IN THE NEWS: LAGOS STATE SIGNS SMART CITY DEAL WITH DUBAI TO BE BUILT IN IBEJU LEKKI The Lagos State government on Monday signed an agreement with the City of Dubai for the creation of Africa’s first smart city. The Memorandum of Understanding for the Lagos Smart City was on Monday signed at the Emirate Towers by the Lagos State Attorney-General and Commissioner of Justice, Mr. Adeniji Kazeem and the Chief Executive Officer of Smart City Dubai LLC, Mr. Jabber Bin Hafez. The signing of the MOU, which will make Lagos the home of the very first Smart City in Africa, was witnessed by the Chairman of Dubai Holdings, His Excellency, Ahmad Bin Byat who is also the Deputy Prime Minister and the Lagos State Governor, Mr. Akinwunmi Ambode. A Smart City is a growing concept that draws from the success of Dubai’s innovative knowledge-based industry clusters” to empower business growth for companies and knowledge workers all over the world”.

*The BIG ONE is HERE!!!* That *IBEJU-LEKKI* is the next big thing and the new Lagos isn’t news anymore. It goes without saying that developments in an area always come with appreciation of value of real estate. Just one of the projects in Ibeju Lekki is enough to bring about massive developments in the area. Now we have a lot of them. From the LEKKI FREE TRADE ZONE to DANGOTE’S PROJECTS to the INTERNATIONAL AIRPORT, the DEEP SEA PORT and many other smaller ones, Ibeju Lekki is an area to watch out for. If you missed out on *LEKKI PHASE 1*, It will really be sad for you to miss out on Ibeju Lekki. Here comes the good news, you can get serviced plots of lands with *C of O* in an Estate for as low as *N2.5m* and you can get some other ones for as low as *N500k* (Promo Price) per plot. Do not let bad history repeat itself, invest in real estate, invest in Ibeju Lekki. Make the call today and you’ll be glad you did. For more information and free inspection, please Call/Wh...

POLICY OF CAREER RETROGRESSION AS IT AFFECTS NPF RANK AND FILE GRADUATES  The Nigeria Police Force, without mincing words, is the largest government security agency in Africa. Its work force comprising a large chunk of the rank and file, work assiduously in both fair and inclement season of the year, yet are at the receiving end of everything, yet against all odd, they struggled to earn a higher academic qualification with the belief that it will give them a hope of brighter tomorrow.  The Force has three (3) entry points viz: enlistment into the Constable, Cadet Inspectors, Cadet Assistant Superintendent of Police (ASP) cadres respectively. The Force has never been in short supply of those to fill the Constable cadres, obviously because of its low level educational requirements, unlike the ASPs cadre that entails higher academic degrees. Suffice to say, that was when it became imperative for the Police Acts and Regulation to state in Section 39 of Part IV (Appointments)...

This guy made 7$ Billions out of nothing .!! DO YOU KNOW HIS STUNNING STORY ? - Jan Koum was raised in Ukraine . - He came to USA as an immigrant when he was 16 years old with his parents in the early 1990s . - His family struggled and lived on food stamps . - He "barely graduated" from the high school in mission viejo, California . - He went to study at San Jose state university but he "dropped out" . - In 2009 his application to work at Facebook was rejected . - That same year he founded and created "Whatsapp" application . - This service app has amassed 450 Million users and increasing its user base as 1 Million people a day . - In 2014 Facebook bought WHATSAPP for 19$ Billion and he will own 45% of WHATSAPP . - His Net-worth by 2014 reached to 7$ Billion . The lessons we learn here , that this man was an immigrant , or a refuge , and he is one of the most successful entrepreneurs. So what will you do next time you're rejected !! &#...

Michael Jordan was born in 1963, in the slums of Brooklyn, New York. He had four  siblings and his father's earnings were not sufficient to provide for the whole family. He grew up in a poor neighbourhood. Exposed to mindless violence and heavy discrimination in the slums, he saw for himself only a hopeless future. His father saw in Michael, a lost soul and decided to do something. He gave Michael, who was 13 years old, a piece of used clothing and asked: "What do you think the value of this outfit would be?" Jordan replied,"Maybe one dollar." His father asked, "Can you sell it for two dollars? If you can sell it, it would mean that you are a big help to your family." Jordan nodded his head, "I'll try, but no guarantee that I'll be successful." Jordan carefully washed the cloth clean. Because they didn't have an iron, to smoothen the cloth, he levelled it with a clothes brush on a flat board, then kept it in the sun to dry...

Says  Mark ZUKERBERG Our team at the Biohub just funded its first class of investigators -- 47 scientists from Stanford, UCSF and Berkeley working to help cure all diseases in our children's lifetime. Today, just four kinds of diseases cause the majority of deaths. The Chan Zuckerberg Initiative is focused on bringing scientists and engineers together to build technology to make progress on all of them. We're investing $50 million in this first class of investigators. This program will provide 5 years of funding to some of the most innovative researchers in the Bay Area, especially focused on young scientists early in their careers.  This first group includes a Stanford data scientist working to analyze massive quantities of genomic data, a doctor from UCSF looking at how malaria spreads, an engineer from Berkeley who is designing tools to better understand human biology, including a miniature foldable microscope, and more. This is a diverse group, with almost 50% women an...

LAND MATTERS   2.0 It was 10 minutes before 5pm, Femi was  loitering at the bus station. On his laps sat a well-wrapped parcel bonded with glistening red ribbons. He knew she closes from work by 5:00pm, and she boards bus at that exact location, always. He had all the plans set out; he intended to surprise her. He became lost in thought. He remembered the last time he had invited her out two months ago with aim of declaring his love for her. He had rehearsed the sweet, rhyme wooing speech for two hours by his shower mirror while having his bath. But it seems his head was wiped clean, like a starving prisoner devouring a dish of delicious soup, when the time to deliver came. He stuttered without control, couldn't find the right words and mumbled incoherent phrases. To save the situation, she had to change the topic. One could not have been more embarrassed. Her image flooded his mind. Everything about her thrills him. From her impeccable white set of teeth, to the hummi...

6 UNDOUBTABLE REASONS WHY YOU SHOULD INVEST IN LAGOS. Lagos is a Nigerian Metropolitan State located in Southwestern Nigeria. It is one of the fastest growing cities in the world. As a major financial and business hub in Africa, the metropolitan giant has the highest GDP in Nigeria, if Lagos is a country, its 2010 GDP of $80 billion would have made it the 11th largest economy in Africa. The state is also home to one of the largest and busiest sea ports on the continent of Africa. Any day any time, the metropolitan city is and will always be a great investment attraction to investors and business owners respectively, because of massive projects and investment opportunities in real estate industry, hospitality and hotels, entertainment industry, wholesale and retail, manufacturing, transport and construction which together account for a bulk of its GDP. To some few enthusiast, the city is tagged “the New York of Africa.” Because of the hustle and bustle nature of the state. ...

Senate Has Received Letter from President Muhammadu Buhari Requesting to Extend his Vacation- Senator Aliyu Sabi The Senate on Tuesday confirmed the receipt of President Muhammadu Buhari’s letter to extend his 10-day vacation in UK. Sen. Aliyu Sabi, spokesperson of the senate, who made this known to newsmen in Abuja on Tuesday, said that the letter did not specify when the president would return to the country. “You will recall that we received a letter from President Muhammadu Buhari before suspending plenary to attend to the budget. “In the letter dated Jan.18, he informed the senate that he was proceeding on a 10-day vacation and for medical checkup. “He also stated very clearly that in his absence, the Vice President will be in charge of the affairs of the country. “We are also in receipt of a second letter informing us that he is extending his vacation because in the course of the routine checkup, his doctors recommended more checkups,“ he ...

Think what a remarkable, unduplicatable, and miraculous thing it is to be you! Of all the people who have come and gone on the earth, since the beginning of time, not ONE of them is like YOU! No one who has ever lived or is to come has had your combination of abilities, talents, appearance, friends, acquaintances, burdens, sorrows and opportunities. No, one's hair grows exactly the way yours does. No one's finger prints are like yours. No one has the same combination of secret inside jokes and family expressions that you know. The few people who laugh at all the same things you do, don't sneeze the way you do. No one prays about exactly the same concerns as you do. No one is loved by the same combination of people that love you - NO ONE! No one before, no one to come. YOU ARE ABSOLUTELY UNIQUE! Enjoy that uniqueness. You do not have to pretend in order to seem more like someone else. You weren't meant to be like someone else. You do not have to lie to conceal the p...

PRESIDENT BUHARI EXTENDS VACATION, WRITES NATIONAL ASSEMBLY President Muhammadu Buhari has written to  the National Assembly today, February 5, 2017, informing of his desire to extend his leave  in order to complete and receive the results of a series of tests recommended by his doctors. The President had planned to return to Abuja this evening, but was advised to complete the test cycle before returning. The notice has since  been dispatched to the Senate  President, and Speaker, House of Representatives. Mr. President expresses his sincere gratitude to Nigerians for their concern, prayers and kind wishes. FEMI ADESINA Special Adviser to the President (Media and Publicity) February 5, 2017