$1m x 1400= 1.4billion naira
House for Ikoyi 400m
Furnitures 100M
Gwagon 300M
Wrangler 70M
Toyota Hilux 50m
Jewelries 50M
One big frozen foods store for Ikorodu /Ajah 130M
Family 100M
Available: 200M
Guy I’m made for life, even my papa village ppl can’t catch me lol👌..
I bought an engine at Ladipo about two years ago na appearance engine. Few minutes after we started it, the thing begin knock badly. I called the seller, he told us to bring it back.
When we got there, he said if I want another one, I should add 300k. I just laughed and went home. For like four days, baba dey run me around.
One evening, I went to his shop area and waited for him to close from Ladipo so I could confront him properly. As he reached Toyota bus stop, IRT squad picked him up. He spent the night there.
The next morning, they delivered a correct, clean engine for me, added engine oil and oil filter. even told sent is engineer to come and install it himself. We ran the engine for about 6 hours before I told them to release him….
Those ladipo people dem no dey handle them with sane head.
bro is so strict, i remember dat story from his early days with wiz where he wasn’t trying to let wiz release songs they made together cos of some bs i guess then wiz told him he’d come back someday cos he knew sarz was gon need him lol
I saw an old friend in a video with Wike yesterday. I was surprised and wasn’t surprised. We started out hustling as fresh graduates from a small rented shop in Agege. Mine was a photocopying business, his was a budding electrical tech work and installations.
My candid advice to young graduates of Archy, QS, civil, or electrical engineering: register a full-portfolio construction company immediately after university. Gain construction experience by working for individuals looking for cheap/direct labour, then move into subcontracting with mid-level construction firms to understand the requirements for govt projects.
When you have all the paper requirements, start bidding for govt contracts; you wont win and you will know why in the future, but go after the winner and beg for subcontracts, even at a base rate. Build trust, build versatility. If you build a name before looking for connection, the connection will start looking for you. In ten years, by the time the big boyz start passing to you projects that's too small for them or projects they dont have time for, you will never forget me, and would never regret taking this advice.
We have a project in Ketu, Mainland and another one in Badore, Ajah, Island.
Both are at a stage we need granites.
Cost per truck of 30 tons of granites to site:
- Ketu: N500k
- Ajah: N675k
Same quantity, 35% price difference.
Furious when both got to my table for approval, I bypassed the procurement/project team and called the suppliers themselves.
Finding
1. There are no rocks in Lagos (I knew) so the Ketu supplier sources from a quarry in Abeokuta while the Ajah supplier sources from quarries in Ijebu. Ijebu is closer to Ajah while Abeokuta is closer to Ketu.
2. More significantly, they incure more "road settlement costs" on Ijebu-Ajah route than Abeokuta-Ketu, large part of which is express road.
3. The Ijebu-Ajah supplier also complained of diesel cost, as Ajah-Ijebu road is prone to traffic (= higher fuel need) than Abeokuta-Ketu.
When we asked whether the Abeokuta/Ketu supplier can just supply to Ajah, he said he also cannot deliver for less than N650k. Not much difference to change supplier for.
Now, if we need 15 trucks of granites for a simple 5-terrace house in Ketu and Ajah, we will spend N7.5m on granites for Ketu project and N10.13m for Ajah project. Same construction, same city, different cost for same material quantity.
Major cheat code for life: Learn to delay your reaction. Anger, fear, and impulse will try to make you move fast. There's power in pausing. In the pause, you see clearly, you respond wisely, and you avoid decisions you’ll regret. Slow down to speed up.
if gas finish na stage 1 depression. my friend wey dey canada don buy second car. she works at a library while schooling.
we did primary school in Lagos together