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    8 Ways to Protect Your Business from Cyber Threats

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    These 5 Africa’s Billionaires Are Getting Richer - Here’s Why

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    How to Save Money in Nigeria Despite High Inflation

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    Top 5 Countries Nigeria Import Goods From

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    The Diminishing Value of ₦100: A Reflection on Nigeria's Inflation

    The Diminishing Value of ₦100: A Reflection on Nigeria’s Inflation

    ATM Fees - Should Banks or Nigerians Bear the Cost of ATM Withdrawals?

    ATM Fees – Should Banks or Nigerians Bear the Cost of ATM Withdrawals?

    Why Nigeria Must Break Free from its One-city Economic Model

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    Reviving the Naira: Why Nigeria Must Produce More and Import Less

    Reviving the Naira: Why Nigeria Must Produce More and Import Less

    Atiku, Obi, and El-Rufai: A New Political Force or Another Failed Alliance?

    Atiku, Obi, and El-Rufai: A New Political Force or Another Failed Alliance?

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    Top 9 Venues in Nigeria for Concerts and Large Gatherings

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    P-Square Family Feud: Jude Okoye Arrested for ₦1.3 Billion Fraud

    P-Square Family Feud: Jude Okoye Arrested for ₦1.3 Billion Fraud

    the largest music market in Africa

    What is the Largest Music Market in Africa?

    What is the Ranking of Nigeria's Music Industry in the World?

    What is the Ranking of Nigeria’s Music Industry in the World?

    how do I get Netflix to fund my film as a Nigerian?

    How Do I Get Netflix to Fund My Film as a Nigerian?

    can I sell my movie to Netflix as a Nigeria?

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    how to attract and secure sponsors for your film

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    8 Ways to Protect Your Business from Cyber Threats

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    These 5 Africa’s Billionaires Are Getting Richer - Here’s Why

    These 5 Africa’s Billionaires Are Getting Richer – Here’s Why

    How to Save Money in Nigeria Despite High Inflation

    How to Save Money in Nigeria Despite High Inflation

    Top 5 Countries Nigeria Import Goods From

    Top 5 Countries Nigeria Import Goods From

    The Diminishing Value of ₦100: A Reflection on Nigeria's Inflation

    The Diminishing Value of ₦100: A Reflection on Nigeria’s Inflation

    ATM Fees - Should Banks or Nigerians Bear the Cost of ATM Withdrawals?

    ATM Fees – Should Banks or Nigerians Bear the Cost of ATM Withdrawals?

    Why Nigeria Must Break Free from its One-city Economic Model

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    Reviving the Naira: Why Nigeria Must Produce More and Import Less

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    Atiku, Obi, and El-Rufai: A New Political Force or Another Failed Alliance?

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    “You did your best. You are part of a team that brought home a silver medal which we last won at AFCON 2000" Senator John Owan Enoh encourages Iwobi

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    "I understand how it feels giving you a disappointing night" Nwabali emotional as he apologizes to Nigerians after Super Eagles' lost to Ivory Coast

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    "I just wanted to make nigerians happy, i want them to feel good," - Super Eagles Goalkeeper, Stanley Nwabali speaks (VIDEO)

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    These 5 Africa’s Billionaires Are Getting Richer - Here’s Why

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List of businesses that will suffer under Buhari

Paulinus O. by Paulinus O.
August 15, 2018
in News
Reading Time: 6 mins read
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Businesses that will suffer under Buhari: A user in Nigeria’s biggest forum, Nairaland, with the moniker – Osile2012 have compiled ten businesses he thinks will be negatively affected by the government of President-elect, Muhammadu Buhari.

Read below: 

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1. Real Estate: Corruption influenced the high rise in the value of property in Nigeria. An area is mapped out and once politicians pick interest in the area, the value of property rises rapidly for no reason. Land that is worth 1.5m, the moment a politician comes and buys for 10m and starts building a mansion, every other land owner in the area starts selling from 10m upwards.The same goes to buildings. A politician sees a house he or she likes, the seller increases the price by 10 and the politician buys. Then every other property around the area is on the rise.As the new administration takes over,politicians will reduce their spending.They will now be more interested in managing their loot wisely and no more buying properties anyhow for themselves and their girl friends, because they wont have access to funds to steal. This will affect the sales of property, as there will be more properties for sale and less buyers. Even the politicians who are the target of estate investors will have to sell theirs to maintain their life style. Remember they have drivers, cooks, security and kids who are studying abroad. People who have raw cash, will buy properties for less than the actual value. A house that is selling for 20m can be bought for 10m. Because the true value of the land in those areas will surface. When you call unimaginable prices for properties, even the politicians will ignore you.

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