his excellency
5.1K posts
his excellency
@segosco
🥇 creative director, analytics, goal-digger & noncomformist.
England, United Kingdom Katılım Şubat 2022
426 Takip Edilen321 Takipçiler
y'all are insufferable, see as the werey just shoot herself in the foot. dumb lots 🤦🏾♂️
Marietta@EfeTheeGreat
If you're marrying a wealthy person and they ask you to sign a prenup, make sure there is a fidelity clause there—if anyone cheats, 50% of their assets go to the other partner after divorce.
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i see where you're heading 🤦🏾♂️
you're intentionally still conflating numerical increase with increase in purchasing power when i've addressed it already. i shouldn't have digressed from it the other time.
the fact that the price went up before doesn't mean the current peak price is justified. at that level, the property isn't a practical asset anymore & it's now a liquidity trap for anyone not moving laundered money. it's a fact that even a mad man knows.
as a matter of precision, let's analyse your 7x value multiplication. in 2019, ₦40m at ₦360/$ was about $111,000. in 2026, ₦300m at ₦1,550/$ is about $193,000.
in real global purchasing power, that’s only around 1.7x growth, not 7x like you've claimed, & once you factor in nigeria’s 30%+ annual inflation over those 7 years, the investor has only stood still. they've only managed to preserve a small portion of their wealth while the rest of the country’s savings were wiped out by devaluation. i'm yet to find the "the massive profit" in this?
& yes i stand by my words that the investors are ignorant because they're buying at the value ceiling. real estate in a developing economy like nigeria has a natural limit dictated by the infrastructure to price ratio. if you buy a property in ajah or ikoyi for ₦1billion, but the road leading to the property still floods & the electricity is still generated by diesel, you're overpaying for the theatre of luxury.
any buyer with ₦1billion naira in clean, global capital would logically move that money to a sane environment where the ₦1billion buys both the property & the functional society around it.
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You called anyone making decision to invest in this estate (a top 5 in Lagos) ignorant because a property in the estate had reached its "peak value".
I cited example of property price in same estate 7X'ing in value in 7 years and you began to rant being Nigerian and fraud and all that!
No longer that the value there has peaked and people investing there are "ignorant".
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buying a ₦1 billion property in ajah is proof that money alone cannot cure ignorance.
if they understood the concept of a value ceiling, they’d have known that ₦1b for that property is already the apex value cos there’s a point where real estate gets to & it starts depreciating relative to its environment.
₦1b for that property is an outlier price, & the pool of buyers who can afford that kind of outlier pricing would rather move up to a more prestigious neighborhood.
it’s just like buying a ₦5 billion property in ikoyi cos at that level, the property is no longer just a residence but a serious capital sink.
this pov is for those buying as investments, because for those using it for money laundering, roi calculations become irrelevant when the source of capital isn't legitimate.
Sir J (J9)@SirJarus
@OneSodiqAlabii Depends This is also in Ajah
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as how? 🤷🏾♂️
of course i'll only agree agree with you cos this is a nigerian context. it's nigeria where money laundry happens like it's nothing.
my mention of nigeria was intentional. the problem is that in nigeria, the barrier to entry for money laundering is non-existent. it's a system with no friction, & 7.5x nominal growth isn't a sign of a healthy economy.
nigeria doesn't have a rigid financial surveillance architecture, like the FCA in the UK or the SEC in the USA, that prevents real estate from becoming a primary laundry for fraud. we all know that even the EFCC nigeria has is corrupt as a piece of shit. currency devaluation aside, in more sane & regulated markets, a sudden jump from ₦40m to ₦300m would trigger a suspicious activity report but in lagos, it just triggers an instagram & tiktok advertisement for more launderers or even crazier, more naive buyers who think that's the actual value of the real estate.
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@segosco "i'll only agree with you because it's nigeria after all."
So the property you were demarketing sb initio was in China?
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@jid_nas this isn't public knowledge unfortunately, some people are ignorant of it. 🤦🏾♂️
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@segosco Nothing but money laundering keeps Lagos real estate afloat.
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you're only looking at the nominal increase without considering the functional reality. if you buy land for ₦40m & sell it for ₦300m in a currency that has devalued by 80% in the same period, while inflation is running at 30%+ your profit is an illusion, i digress.
i'll only agree with you because it's nigeria after all. if we take out the naira devaluation & inflation factors, you'll quickly realise that ₦40m turning into ₦300m isn’t a sign of a healthy market, but a contaminated one, prices stop reflecting real value when the market becomes a washing machine for dirty money.
nigeria is the best place to clean your money because there are no anti-money laundry processes. you as a normal buyer care about value but a money launderer doesn’t. if someone is trying to clean a billion naira, they’ll happily buy a property worth ₦600m for ₦1billion because the goal was never profit anyway.
that fake demand creates artificial prices, then ordinary people enter the market thinking those prices are legitimate. next thing, everyone is overpaying for properties they can’t resell unless another desperate or dirty buyer shows up.
so even a mad person knows this whole thing would automatically push up the prices of properties in the same location.
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@segosco Those that bought land for N40m in same estate in 2019 and people are begging to buy same land for N300m from them in 2026 will disagree with you.
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@the_bigdot the guy just dey wurugbon lenu, dey migrimo. 🤦🏾♂️🤦🏾♂️
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So when will you rest?
Jumping up and down like Super Mario
folowosele adeboye@boye4christ2006
If you dey UK 🇬🇧 and you know say you no go get your ILR before August 2029, begin make plans now for Japa 2.0 Take America 🇺🇸 learn lesson.
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who wan marry this one before? enter shiloh 2040 joor.
DUNMEENEENU🌹❤️@Beebah_Naturals
If you asking me to sign a prenup before marriage, I’m sorry that marriage won’t happen.
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I asked a girl what she thinks about prenup, and she boldly told me she's never gonna sign that. I told her that as far as am alive I will never allow her ruin any man's life.
Unless she mistakenly marry and I no no.
Oyindamola🙄@dammiedammie35
Women are acting as if Prenup only favour men, it favours woman too nau, if divorce happens, him too won’t have any claim to your properties, Abi na only man dey get properties? It goes both ways. I really don’t understand why they’re making it about the men only. It’s something everyone should sign with joy ✍️
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@theadeszn @mayowacrown @iSlimfit you just dey everywhere dey downplay the guy's efforts. oloriburuku struggling immigrant, you think everyone is struggling like you?
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It’s funny how people are trying to clown the guy for saying he’s a UK global talent as if it’s something anyone could just pick up by the road side
Oya go and apply nah if it’s not a big deal. Your eyes will peel. Even real talent self dey chop rejection mail for the past 2 yrs
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i really love people know how things work. most especially, i love people who know how to navigate & exploit legal systems so well. i'm one of those people.
UGO 🇬🇧@heismric
UGO’s wife. UGO’s wife. Divorce is finalised. It’s Ex-wife.
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oya go initiate your own na, you wey still dey pray to jesus to step foot in the USA 🤦🏾♂️
Big Favour, not the small one💞@ajagbe_favour
Women can initiate prenup too🤷♀️
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oloriburuku struggling immigrant thinks everyone is struggling like him. omo ale.
adé.@theadeszn
Ugo’s case, something isn’t adding up sha but time will tell. Those wins are too much for an average Nigerian man who’s an immigrant in the UK. Fingers crossed
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The crazy thing about naija women is that after setting these standards, you will think it’s impossible to find a guy who wld take them.
Brace up, one simp is willing to go above and beyond and still accept these things and even be grateful to God for sending him a woman.
Sir Dickson@Wizarab10
"I'm tired of poverty. I hope to get out of this poverty soon" Solution: find a man Same person: - marriage benefits men more - refuses to take your surname - refuses to cook for you - weaponizes sex - turn feminist in your home - japa and destroy you
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even the most notorious fraudsters don't get 80 years sentence, y'all just like to fabricate lies. e sha rora ma mu lamba sile, we understand the need to farm engagement.
Dr. Afo@Dr_Afo
You be Yahoo boy. You pulled off an impressive wire scam. You get so much money that your generation has never seen before. You build massive house, buy cars, marry your almangiri girlfriend in a lavish wedding and open a massive store for her. Because you don't know what to do with the excess money, you now decide to travel out. Your mumu self has forgotten that you're an international criminal. So as you're landing in Toronto Canada, the police are already waiting for you. They handcuff you and take you to maximum prison immediately. They already informed Nigerian police that they will arrest you. Those ones did not even bother to call your family Now your family don't know what has happened to you. They think you're not picking call meanwhile you've been sentenced to 80 years in prison.
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your jesus has nothing to do with self discipline, make una shut up jare.
Deborah Ocheido@d_ocheido
You speak to the degree that you know and understand and agree with and that’s fine. In my world, a man can’t keep himself. By man I mean a human. You can try but in ourselves we are not strong and we will fail every time This is why Jesus came It takes God to keep a man.
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