I Have Borrowed, Raised Capital Over $100m, It Is My Life’s Work - Landmark CEO
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- Опубликовано: 10 июн 2024
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And this is the country they want you to come and invest in after you have borrowed money.
Terrible
To be honest this happens all over the world. The best thing is what the Govt is doing, supporting the businesses to bounce back.
@@tomite2001stop lying
@@kinguche9208 Are you a 12 year old?
@@tomite2001😅 Nigeria, a huge drama stage. What do you hope to gain from 'lying?'
If you saw the reroute and you still don't think this is a deliberate act to sabotage this guy's business, then you're part of the problem. You can't blame Igbos for complaining when the optics is this bad. How are you going to via off the original route, move closer to the sea front(absolutely nonsense), destroy businesses and parks(revenues), then build the road a couple of km and come back again to tie to original route??? That's the most stupid design i ever seen if the design they showed on tv is correct. It's a sabotage to that guy's business and the reason has nothing to do with efficiency or economics.
100 years to come. The coastal highway will still be a story
Nigeria 😢
@@joyswim1539🏃🏾♂️🏃🏾♂️🏃🏾♂️
Thank you ooo
I swear
For the past 4 years landmark beach is the coolest
More governors in the South East must begin to put together a South East development masterplan so that our region would develop world class infrastructure to attract our Igbo investors back home.
This project is unique because it is sited around a beach for the visitors to enjoy ocean view and current
While this is a great initiative, I doubt its possibility.
Not that it is not possible to do, but they won't do it. 96% of Nigerian politicians don't mean well for their regions and think less about impacting the lives of their people. They are only there for their families, friends, associates and most importantly to satisfy their insatiable and greedy thirst of looting the state and/or nation's resources.
This is the same country going abroad to seek for investment. A local investor has come in, borrowed alot of money invested and in the middle of the game! Who does that? This young man must be fully compensated to pay his creditors if reason does not prevail.
Just shows us how slow these politicians are… either that or someone is pulling strings against this guy …
Sorry my brother. I came home to Nigeria in 2007 and started a recycling company. We operated for 4 years until the government banned me from shipping out the recycled waste. On a bullshit technicality!!!! My business was feeding hundreds of people. I was heartbroken... All these years later I still am to be honest
Our government are a disgrace
Shipping out to where? I just want to know
@@peter-hx6oedoes it matter where he ships to to sell? If there is no market for my business doesn't have marker in Nigeria but does abroad, is it a crime to ship outside Nigeria to sell?
Also, are all the products consumed in Nigeria produced in Nigeria? Ask him where he ships to is as dumb as the word DUMB itself. You need to restart your life if you really think you have a future really.
Can u imagine
When you don't have manufacturing companies in Nigeria because of poor power supply what would you do with your recycled materials. Why not ship or sale it to countries that have the resources to utilise the recycled materials. Come to the UK and tones of waste being shipped abroad. I studied waste and environmental management with the intention of coming back home to start waste management business but the country is not welcoming to small businesses or support small businesses to grow.
oh no!😢
Landmark CEO should contact works Minister, Dave Umahi, and other senior government officials to see some solution. Maybe they could bridge over Landmark. Maybe they could covert that to a STOP/REST/RECREATION area, specially incorporated into the design.
Both of dem already met check arise news interviews. Dey both agreed 50% of d land will be gone nd he accept .but I wish dey will give him some money to cover his damages 💔.
Bridge over landmark?
Wow. I love your recommendation.
You think so well
Good idea but your minister is dumb
He said there's no going back
Disturbing facts: The original plan for the coastal road did not encroach on Landmark beach. Secondly, Federal govt approval for this crime was given on February 27th 2024 and today bulldozers have already been rushed to the place. Nigerians now work faster than the Chinese. Who is fooling who?
Very keen observation.
Sandfilling been going on for years. Everyone knows that beachfront would be converted to city. It's tragic, but I ll advise he take the compensation and moves his business somewhere else
@@olamidelolowo2075
I know exactly why you want him to take compensation and move his business somewhere else.
Someone obviously wants to put landmark out of business
The ignorant majority in this comment section. What are the facts -
1. Landmark never has right of access to the beach where all tourists and merry goers chill out.
2. Lagos cannot grant of access to any coastline to anybody. That is the domain of the federal government.
3. Only the federal government has right of access to any coastline anywhere in Nigeria from the edge of the sea up to 250 meters inland.
4. Landmark annexed the land where the coastal way ought to pass. They knew this so they began a disinformation campaign to get what they never had.
5. Landmark fill the public space with misinformation in order to steer public sympathy in their favour so they get access to what they never had. They even try play the tribal card.
6. The minister of works has said their business premises is not within the path of the coastal high way. The government even intend to reduce the width of the coastal high way to accommodate him.
7. The problem could have been solved behind closed door but for reason best know to landmark he created a media storm to make himself the victim of some kind of conspiracy.
What this is telling us is , " never collect a loan and invest in Lagos because of policy turnarounds"😢
Yes, STOP INVESTING in Lagos it's no more a viable place to do business now
No. The compensation from the government acquisition, if fair, will pay out your loan. However, make sure you have acquired the land and built with the proper permits.
Even in Nigeria
It’s Nigeria what do you expect when a government can change its policies and a move of a hand people will not invest . Investment is a risk but in Nigeria it’s high risk
How many people can afford a room at landmark ? But the road is available for everybody to use . The road will facilitate trade and commerce for the benefit of the Nigerian economy at no expense to anybody but at landmark you need to have money to enter.
So am not exactly sympathetic here . Public interest trumps private interest.
I like Mr. Paul's final comment.
Maybe you tell me which one is cheaper, building on the existing road or building a new road on water.
Deep!!!
The most reasonable comment he made but it's too hard for FG to grasp
It would take a veteran like Citizen Jones to respond to such knockout.
Them just wan show the man pepper that thing na wickedness notice how non of the engineers have come online to say anything cause they are scared to speak the truth
With projected sea level rise and coastal land subsidence, I see no reason why the government should build the road very close to the sea.
You are right, because it’s intentional
I concur. It does not make sense
Do you know at what level the road will be built
Of course you don't
@@zeeone4492 go sit down
They're not. It's just a land grab so they can keep selling and then stealing over and over
I just hope someone in power is not trying to destroy this man's business so they can later take over
It's their pattern 😢
That is what they want because he is igbo
@@ShedrackLawrence-shed🤦🏾♂️ what is this again?
That is what it seems like, honestly. For such a big business you would think it's easy to make a compromise for a road that is not yet started than to destroy an existing infrastructure.
E get as e be. Look at the original planned road which uses existing road - easier and less disruptive, vs the current road which requires sand filling, breaking down buildings and destroying over 3,000 jobs in an environment where jobs are very difficult to find!
All they know is to destroy. But have no idea how to build them same
Nigeria has just happened to this gentleman.
Key point mentioned here was that the initial contract was with Julius Berger but with BAT it has been transferred to his alleged construction company HITECH. Nigeria really happened to him, he should move his investment some where else if bat still insists on this new route
@@Defmonkful He can't move it, he's 100 million in the red, he has to recoup his investment, which won't happen, if they destroy everything, just to build a highway, from Cross River State to Lagos.
@@uchenna127Can you imagine Nigerian government. As if they don't reason at all.
Listen to the interview. I think he broke the law. The setback he supposed to have done wasn't done by him.
@Defmonkful He should move his investment because he failed to follow the law's of building setbacks? That cutting across wasn't going to affect his business. He just wants to maintain his beach front.
Would they do this to Dangote....NO
The thing is why was approval given in the first place?
Dangote products and initiatives serve all Nigerians … Landmark only serve few rich and comfortable Nigerians …. The project in question is for the benefit of all Nigerians… during Lagos-Ibadan railway project a lot of ordinary Nigerians suffer demolition of their properties but no one hear their cries or sympathised with them because who dem be…. I keep saying it the number enemy of progress for that country are the rich people… please let ask this man how much has he truly made in profits for the last 17years??? So his business is now bigger than the Government!!! Kmt ahhh my people are perishing becos of lack of reasoning 💆🏾♂️
@@jusnaijatv3608 just keep quiet if you don't know what to say 🤦what do you mean by it benefits the rich? So the many employee and job opportunities the beach created was for the rich or is it rich people he employed
Nonsense reasoning@@jusnaijatv3608
This is a deliberate act to sabotage this man business..They would never do this to landmark if it was owned by adenuga or dangote. There is even an original part way for the coastal road in front of landmark,this is too bad.
One of the reasons why we keep having low foreign direct investments,very sad. Today one policy,tomorrow another policy inconsistencies everywhere
The economy should be taken out of the hands of government. A council of renowned (and with a verifiable record of achievement) Nigerian economists should map out a policy that government can't deviate from - this is how South Korea achieved industrialisation. They didn't leave up to date in the hands of short sighted governments. Nigeria never learns and thus becomes poorer with each day.
Who the hell builds a coastal highway in a country with so little coastline? I mean this is absolutely ridiculous.
??
Take another look at the map of Nigeria.
What the heck are you saying???😂😂😂
And yet these same set of minds will say ah see ooo Nigeria is not like Dubai or UK and be rubbishing the country…. I reside in UK and recently came over to Niaja and guess what I felt so proud how comfortable the Lagos Ibadan expressway and third mainland bridge drive feels …. Make up your mind abeg u want Nigeria to be great or not and if your answer is yes abeg stop supporting nonsense a 17years of investment would av comfortably recouped the investment money and profits 5 times over… Sit on that thought 💭 for a minute 😅
APC
You build a costal road on the entire stretch of a coastal line trow beach tourism under the bus and wonder why u cant draw tourist or FDI 😂😂😂😂😂😂😂 Welcome to Nigeria 🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬
Paul that was a powerful closing remark in rhetoric
Not many caught it, it's way cheaper to build roads on land vs a shoreline. There is a higher power at play from eko atlantic and FG.
It's his closing remark for. Thinking and speaking ability as well as practical wisdom at play.
May you get relief Paul.
Pay him first before the destruction.
Small man Sanwolu.
Get knowledge before speaking. The project and ocean shores are FG issues not Lagos State.
@@BeeOzcar such projects are collaborative and require stake-hold and assent by the state to avoid clashing with its regular business. So check ur superiority.
Wow… this man is a businessman. Listen to the third point he made @19:17. He has an eye for business even situations that may not appear pleasant. Well done sir
Stop investing in lagos if you are not yoruba. Simple simple. Why invest where they will have 1000 unreasonable reasons to demolish your investment.
Stop investing and nothing will be available to be demolished. Very easy
Demolishing infrastructure is not a Lagos thing. It is a Nigeria thing. Same behavior is seen in Igbo land. Remember ikpeazụ and the massive demolishing of properties for some phantom project.
😂 😂 Dat last ans was just spot on... He was like it's common sense...
Imagine nigeria using its beach to build road rather than tourist attractions.
Nothing wrong in beach road … conich road is in AbuDhabi , same in Izmir in Turkey it’s just depends on design … people like him should support it and help in design
@@azeeznurudeenademola2224the huge extra cost in building such coastal road outweigh the benefit. Why should Nigeria engage in a jamboree project at this time? Why
@@jrrynwosu8737the project will boost the economy of the affected states and also deconjest Lagos seaport potentially
Azeez, danjuma etc .... By their name you shall know FOOLS
@@chyzontrix9552 that tribalism and islamophobia will surely destroy ur entire family
Nobody is talking about Eko Atlantic City, The Dredging and sand filling as seen in the video is for Eko Atlantic city, I believe. The original plan of Eko Atlantic, at least the one I saw, will wipe out the beach in Landmark, Coastal road or no Coastal road
Welcome to Lagos, Nigeria, the Destroyer of Dreams!
Gbam 😂
🤣
Honestly, they need to avoid breaking down or obstructing Landmark.
It is a beautiful spot of Lagos, a pride of Lagos, great work of Onwuanibe (cool, nice & reasonable guy) and creates 3,000 jobs (that no be beans). We need these kinds of places and investment in Lagos and across Nigeria.
We need to fight against its demolition.
They should go with the green line and deviate only where they can break down and demolish churches and mosques and other useless places.
The green line can even save money for them by avoiding building of bridge.
They are enjoying the show
@@caroltome9911 I think it would still require a bridge, but a far shorter one.
So you think they can choose churches to break down
🤡
@@uknowamsaying oh yes, if you look further, they can even make road and avoid bridge at all. Going through sea line is very much expensive to add up the bridge. I think it’s a deliberate
@@zeeone4492 you shouldn’t be calling him clown, can we be civil for once, he meant church don’t add much value to compare that business, how many landmark you have in Lagos? How many churches do you have ?
What a brilliant business man listening to you. Well, if they must go on with distroying your business, be very clear about using world best lawyers to get your money back. This is not a time to be weak. Wish you more energy to win against whoever that is against your business.
In which country?
How do you mean in which country @@manacofilter1944
I feel you. The moment Atiku started getting involved in the matter, it became political. Unfortunately the road route will pass your lovely resort. As long as you have the idea, you will bounce back. We all love Landmark.
I feel very sorry for this man 😢😢😢
When I found out the owner wad Igbo I knew they would do this eventually.
Mumu boy...but when Airpeace favoured against other local airlines, did you check if he is igbo?
Demented and victim - crying ethnic group
@@famusitimilehingideon6705 How exactly is Airpeace favored against other local airlines?
The minister is also IGBO. Why didn't he resign in protest?
The minister is also IGBO. Why didn't he resign in protest?Mumu Tribalism block critical thinking skills
@@famusitimilehingideon6705 Don’t just speculate, name the airline.
Paul's closing statement points to something deep.
I felt it! Brother
His entire business is targeted by this decision, why asking him which road will cost more? Building the new coastal road would cost more than enhancing the existing one.
Charity begins at home.
Learn from the mistake of others.
They never learn
Tell am ooo. The man does not enjoy my sympathy I swear.
Can you please explain?
@@TheDiomiohe should move Landmark to the SE. Igbo people should stop investing in Lagos. Period.
Govt must pay him back $400m worth the value of the Landmark business
It’s really sad honestly. If I haven’t been to Landmark beach it’d have been abstract to me. But I’ve been to that beautiful beach, simply amazing place to chill out. The government is not encouraging people to make investments. It absolutely makes no sense. There could have been alternatives to avert the total demolition of Landmark. Pathetic!
How do you reassure citizens that there isn’t an agenda to destroy Igbo owned businesses with things like this happening
Isisbt about tribe. Is the minister of works not an igbo man from Ebonyi state. The federal government is bent on frustrating its citizens and akot of other tribes are protesting against this same things stop making it about igbos. This victim thing is getting old get off it.
This is the country that they want you to invest, they don’t know that the foreigners are watching too. Who is fooling who
Welcome to Lagos, Nigeria
When Nigerians in diaspora or foreigners come for holidays in Nigeria /Lagos( they call it dirty December), one of the very important things these set of people enjoy is our beachfronts 🏝️ 🏖️ especially Landmark and it’s gives us pride as Nigerians that we have some tourists attraction sites like Mavis Beach and the likes in different countries. The resort landmark created is a pride for us as Nigerians just as dangote refinery is a pride. This is not politics though they have turned it into politics. We want to come with our foreign friends to Lagos and show them the beauty. I tell you this landmark has attracted much attention to Lagos (dirty December) in the past few years in Europe and America.
So this coastal highway is the most pressing need of Nigeria? What happened to industrialization and boosting local production? Why not start this project from the unhabited regions of they are really serious? By the time Tinubu and co finish with Nigeria, people's eyes go see real Cameroonian pepper.
If dey don't build high cost road like this, how will dey loot. Monkey hand dey inside the project. This country hmmmm
i agree with you but i can’t lie, this road could be the start of that. could make transporting goods along the southern nigeria easier. the road is really poorly planned and executed tho
@@kunleajetunmobi1561which goods? Industries are shutting down, businesses are closing down on a daily basis , no constant electricity supply to power our industries, just one ago over 1000 businesses had shutdown, so which goods are they going to move through this God forsaken coastal highway.
@@kunleajetunmobi1561. Transportation of goods is a poor arguement. The road is trying to connect port cities. But what goods will be transported between cities that can get raw materials from the seaports.
Each of these cities is a potentail industrial and financial hub in its own right.
Where there is a real need for roads is between the coastal areas in the south and the hinterland areas where there is agricultural and mineral produce that the coast needs . If you really want to improve the economy, try to stimulate exchage between thes two areas.
@@dahrayyem2648 i agree 100%, and it’s really sad, but if someone were trying to transport cocoa from Ondo to another state for processing, or if i were buying cocoa from multiple farmers to export eventually, they’ll have to transport it by road. goods will always be transported from place to place. i hate this project as much as anyone else, but a good highway could prevent loss of goods, and reduce the cost of transport.
Igbos will be free from this force marriage called Nigeria one day.
🤡
🙏
Costal Roads are very beautiful and should be encouraged. Back in the days I traveled from San Francisco to Houston via Los Angels on Amtrak. It was one of the most beautiful experiences I have ever had. Ok I fly a lot of the times and have enjoyed looking down cities from the skies but that Costal Road journey has stayed with me ever since.
Country of the Crooks. One Developmental step = 100 Kilometres setbacks for the people.😮
very laughable set of pple,
THINK before you post, how has your insults helped Landmark CEO, what solution did you offer to him
@bestsharp his insult didn't help anything but neither did your applause
Good heart business man
How do you demolish West Africa's best Beach resort that employs thousands of worker and pays billions in tax if it isn't your evil ambition against a section of people. As much as you continue to fight these people, they will continue to prosper.
APC is the worst thing to happen to Nigeria.
I'm seeing tribal motivated factor here. I'm not igbo but as a Liberal person and a Nigerian, Nigeria has not really come out to tell us the sins of the Igbos in Nigeria. This is heart breaking news we are hearing. My advice for the Ndigbos is to develop their regions because the core North and South West Nigeria do not want Igbos to succeed in Nigeria. We from the old Bendel are going to stand up with the Igbos on this matter. How can you demolish this structure that employed hundreds of Nigerians from different ethnic backgrounds? Horrible!
Please do you research before posting on sensitive issues like this. The L-C was approved as far back as 2001 . The same time eko atlantic ( then oceanview) project was approved. There is nothing tribal about this. I am not sure how liberal you are
This happens in the developed world too. When a government exercises this right, the next question is whether or not the land owner is adequately compensated. This of course is provided that the land was developed legally. I feel for the owner because a lot of sweat would have gone into the project over the years but for you to make this a tribal issue without evidence is reckless. I hope you realize that no one has been prevented from developing, as you call it, the Eastern region. If you believe a resort that most Nigerians have never and will never visit to be more of a development than a 700km interstate highway that would enhance travel and trade, then you're on your own.
The Igbo tribe is too small like other tribes to offend Nigeria. We all have to make sacrifices to lift our country regardless of your tribe.if your property is in the way to lift the country so be it. People with family members in the military pay a far price.
who approved the building and the plan?@@peterman7627
Yoruba too small, them dey Hide under Nigeria dey perpetrate evil again the igbo people
I love Landmark beach. This country never ceases to amaze me. 🤐🤐
It really is painful…but it’s for greater good.
In what way …. Becos it belongs to a rich man?? Do you know how many houses was demolished to make the Lagos-Ibadan railway??? Oh is the country doesn’t ceases to amaze you then? Y’all want Nigeria to be great all your rich investors only serve the ultra minority ( all their investments are never benefiting the masses) and yet when the government is taking on the initiative to build the nation y’all be crying. The only sad part for me is that government will still sell off all the great projects to an individual investors like Mr Landmark that will immediately turn it to an ultra benefiting the very few again rather than following the Government footsteps to make it benefit everyone. You see the problem is still the rich people of the country called Nigeria 😢😢😢😢😢😢 so sad!!!
Mr Paul will bounce back insha allah
Why did Nigeria government always distroying properties and livelihood of Nigerians. Is there no other Coastal route from Lagos to Calabar?
Ikemba Gburugburu warned Igbos, I warned Igbos, every reasonable Igbo warned IGBOS to stop further developments in Lagos state but they will never Liston, Anya Igbo Forum went round meeting big time investors to go East for development after meeting some SE governors for Land and they offered lands free of charge but those guys rejected such gestures. Meanwhile why are these demolitions happening now that Asiwaju is the Nigerian president? Hate
Lets assume this coastal road will eventually come to fruition, assuming ooo. Tell me who wants to drive through it with all the kidnapping, insecurity etc in the country. They claim its for scenic beauty and tourism? Omg..How? Look at makoko, look all around the country and tell me if its not hunger and nastiness you will see all around you, so its those citizenry that will drive through your coastal road?
What manner of peope are these sef?
You want to destroy the most important item you have on the beach that attracts tourists all over the world just to re-route a road that will hardly be maintained, that will be used as a possible robbery and kidnapping avenue (going by what is happening on other roads).
This is so mind blasting...
Wft is going on in this country? 😮😮😮😮
That last question was such a stupid question it's needed no answer
Since from the first day I saw this CEO of landmark...I know say them go pure sand for him garri... The beach is the attractive thing for people coming to landmark... Once there no beach is no longer beach
This coastal road, will it affect the Lagos State sea port and the Dangote refinery?
It's well with Lagos State 🇳🇬🌍
May God comfort you
I just felt the govt is so naive in their dealings. Didn't govt aware of it while he's building it?
Please government should find another route for that road and leave Landmark alone. Its a beautiful place, very organised and good tourist centre.
Enjoyed my time with friends last year when we visited. Lets start an online petition.
Online petition in nigeria 🇳🇬?
How can any person or group consider coming to Nigeria to invest when the government can unilaterally destroy your investment with clumsy excuses.
The Igbo man factor is at play again
Once again. Love the interview, very informative and intelligent. I'm just sad about the framing of the headline/video title. I know it's for attracting clicks but knowing most people don't care to listen past the title, it's just a shame that this title will inform people's take away.
Great video. Great questions.
I hope this is not bad-belly against Igbo people, that leaked audio before presidential election comes to my mind each time I hear things like this going on in Lagos recently. A right thinking, development minded govt will protect and support it's businesses. I can't see why they cannot stick to the original coastal road plan. Looking at that map, you can see the old route makes more sense. The new route just comes right through the landmark beach resort, it makes no sense. I pray God help this man, and govt grants his petition. May God help Nigeria.
the cost of setting up this coastal road is enough to set up production plant,
Why the heck is this female reporter so cheerful?
I'm glad I am not the only one who noticed it. It even seemed like she is happy it is happening. She could not read the room. She should be sombre. It is not a cheerful situation.
I'm glad I am not the only one who noticed it. It even seemed like she is happy it is happening. She could not read the room. She should be sombre. It is not a cheerful situation.
Asin eh... With Zero remorse as if she's not sharing a controversial and painful news..
I do not think she understands the magnitude of the situation! So unprofessional!
Very insensitive... I no know wetin dey sweet her bele. That was very very infantile of her.
Nonsense.
But why build a coastal road when you can build a railway.
I don't think I will be investing in Lagos again
Dear Sanwo Olu and our APC leadership, Please let the Landmark biz thrive and survive, let business that employs thousands grow. I personally please for a good decision here
Why don't them stick to the original plan? Just looking for means to frustrate Nigerians
Can this coastal road start from Epe somewhere must it begin from VI ? This guy literarily brought life to that place ! Evil !
I dont kow the point of building a highway through a densely populated city.
Imagine destroying the few beaches we have in the country.
Why the change from the original plan ( the green line to the yellow line) ? SMH... Nigeria!!! Too much small minds in government.
I pray the government do the needful so those business won't be swallowed
Stop praying, Nigeria government and her leaders always do the opposite
My question is why can’t Igbo people develop their own areas in order to avoid all these controversies?
The problem is Nigeria's constitution, before Igbo can proudly develop their region there must be a new constitution because as I respond to you the federal government owns everything in Igboland, we can create our seaport but the federal government can't approve it.
We can build a mega airport but the federal government can't approve it, we can build 30k mega wax electricity but the federal government can't approve it even if they approve they cannot supply us gas, we need a new constitution to define Nigeria before we move our investment to Igbo nation.
It's happening in Imo state do get your facts right before talking shait
Because they have been blocked from doing so. Go ask your presidents.
Igbos are everywhere, not only in Igbo states. Igbos have businesses in London and America, why can't they have businesses in Lagos?
Lagos was a former state capital for God's sake. We once had a president who even encouraged igbos to even invest in Lagos....
In Abuja today, Igbos has the highest Investment... It's simply who they are...
So, what the heck is this about : Go developer your region??
I feel your pain but how could you have invested that much in Nigeria most especially in Lagos. Lagos with omoniles and all kinds of archaic sentiments? This was a massive risk. So sad. This same fools come abroad and tell us to come back to Nigeria to ok invest. I hope diasporians are watching this.
I'm never going to make such a mistake. Investing in Nigeria is scary, and investing in Lagos state is a CAPITAL NO. Investing in any state in Nigeria with tribalistic politicians and traditional rulers is also a CAPITAL NO.
Sadly, my people still haven't learned any lessons from decades of documented brutal experiences of those before them.
Do I feel sorry? Absolutely yes, but will my people learn from this? Absolutely, no.
With his level of exposure, I hope he insured this business right from the onset in case of unforeseen occurrences like this.
Any diasporian that goes back to Nigeria to invest, is doing him or herself....
@obn1459 Never falling for that, investing in Nigeria is like gambling and the odds are against you.
The road might actually be a blessing to landmark. I understand the initial inconveniences, but this road might be a great access to landmark.
🙄🙄🙄🙄🙄
This beautiful Landmark beach😢😢😢😢?? Nija who did this to us?
We’ll live a life without barricades.
Coincidentally steven ndukwe made a video abt Landmark, some mnths back. Now. Its been targeted for demolition.
May Nigeria not happen to us all. Amen. This is so sad. Govt sabotaging investments
The fist stage of grief is denial!
The man is in denial to believe that there will be any meaningful compensation ( monetary at least) . Lawyer up Sir and get as much government land as possible to rebuild somewhere else ( even if it’s another type of business)
May God fight for you! The evil behind this reckless decision will pay for it. It’s the livelihood of thousand of people, you don’t play with that!
Suffer to make money abroad bring it to Nigeria to invest only for it to be demolished
To the best of my knowledge, Eko Atlantic will span up to Maroko/Idado area. The dredgers shown in the video are for the Eko Atlantic dresging works not the coastal road. Landmark's water front was going to be convered by Eko Atlantic. You can check Google maps view of Eko Atlantic and Landmark Beach to see this
dont mind the mumus o...coastal road or not coastal road, the beach was gone anyways
Why did they allow to build
The last statement destroyed that newsman
That last question was not really a bright one coming from that young man who is supposed to be a smart thinking man. A very befitting answer to a poorly thought out question.
The camera lens is legendary
Genuine and sincere businessmen should be able to predict Nigeria's trajectory and prepare accordingly.
The foundation of Nigeria is injustice. Potential investors who believe that Nigeria can never happen to them should simply know this and prepare accordingly.
He should be compensated
Nice camera lens
My opinion is that Nigeria should settle the fundamentals of development. Food, shelter, health, education, infrastructures, I think they should prioritize railway system
Nigeria just happened to landmark
The CEO keep speaking British English thinking it will help. Igbos stop investing where you’re not accepted .
Are your ears paining you? He moved back to Nigeria from Abroad
When will an Igbo man learn? Chai! Wetin do una this thing!
Learn to not furnish his own home. Is Nigeria not his home? Is Lagos not in Nigeria?
If you are pained, Go and open your business in the South east, after all we No know you until this road start, We No pity you landmark. Even Ojukwu No go pity you.
That 7 days notice is criminal and vindictive. Its like telling the owner he is an animal. Is it not the same lagos with tenancy law to protect the tenants? Do we have the capacity and efficiency to maintain a coastal road?
Have they calculated the cost of building such roads which have the potential to become abandoned project by successive government? Should this be a priority project in the an environment of high food inflation, food insecurity, human insecurity, power insecurity, water insecurity, medicine almost out of reach.
Nigeria is wild
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Insurance no cover? Make una no dey deceive us nah