Ibom Towers Lagos: Gov Eno, Sanwo Olu Breaks Ground For High Rise Building In Victoria Island

[@publichealth9470]

Akwa Ibom's investment in Lagos is a wise move, leveraging Lagos's reputation as a safe and lucrative hub.

[@douglasegharevba3357]

Does this even make sense to you at all, Governor?😮

[@AmoseaInvestment]

My brother, the Wonder shall never end

[@akinze3244]

😅😅😅😅

[@DAMINATION_1]

Actually investment wise it makes sense

[@rotimikayode1072]

The Akwa Ibom government will make a lot of money from that investment by the time they decide to either rent- out or sell the apartments in the property.Real Estate is the in - thing in Lagos right now.

[@Shadowbliz94]

@@rotimikayode1072 which money is akaw ibom state going to make instead of creating employment in akaw ibom state he is investigating were will never be beneficial to the people of akaw ibom state. Currently I base at south west cause no meaningful jobs at akaw ibom to do no companies in akaw ibom them swear for our state? Why no build industries this will create jobs and build export. Now they have abandoned the sea port that will boost the internal GDP of akaw ibom to a misplaced priority 18 story that is meaningless. Already he is done with the worship center please the worship center how many indigenous akaw ibom people can be gainfully employed ooooo no be business abi. Tomorrow them go dey find second term

[@Bryangpatrickson]

Who exactly advises these people! These are the same people that will be inviting investors to come and invest in the state. The same state that its government is rather investing in another state? I can't stop imagining how much such an amount of money would generate if properly invested in any production activity in the state. Ok, you are interested in real estate, what about developing an estate in the state and mortgage it to Akwa Ibom residents? This is absolutely madness! A complete demarketing of Akwa Ibom state. This is very embarrassing to the state and that project must be discontinued!

[@AdamBassey]

Now people should appreciate the work Akpabio did in Akwa Ibom. He brought pride to Akwa Ibom people with development, Umo Eno came to disgrace and de-market our state. All our state funds is now channelled to develop Lagos, all Akwa Ibom gets is 1km road and primary school. Roads in the state is collapsing, weeds outgrown , street traders every where. Shame on Umo Eno!

[@Raymond-me1cp]

Why this Werey nor build am for him state in order to boost the state capital.. 😂

[@eddydiamond3322]

Why not invest in Akwa Ibom by building more skyscrapers, or invest the money in the ikenobeach...

[@essiensinfashion5439]

When will our people get sense for God sake? How many investment has Lagos state invest in Akwa Ibom state? Why can't our governor invest this in Akwa Ibom state and try to bring more investors to Akwa Ibom state to boost our economy? Am so disappointed in my people

[@fatfarmers7360]

What business do you have in akwaibom to support that building. You just talk because you want to talk. That building is a.commercial building for commercial purposes and their target clients are in lagos but YOU want them to site the building in akwaibom just because it's been built by akwaibom. When they site it in akwaibom, will it serve the purpose there? Look at tinapa in cross river state the way it degenerated because of same thing. My friend wake up.

[@toyinonagoruwa4183]

and i'm pretty sure you yourself reside in Lagos. Open your mind and broaden your horizon...

[@newton6936]

​​@@fatfarmers7360 that's not why tinapa degenerated

[@ImeUdo-ObongMesoEx]

Great Project but has Lagos State EVER invested in Akwa Ibom State?? In ANY form..please let me know in case I am unaware...

[@JuudChima]

Foolish people! Why not build it in "Ibom" ?

[@oluwaseyisubair4426]

Home never chop bellefull. U carry home food do give away. Thank you the iboms 😂😂😂

[@fran6david114]

Bro, some Nigerian politicians are highly mischievous and mysterious in behavior and reasoning. It's just eye service cus of Tinubu.

[@oluwaseyisubair4426]

@fran6david114 LoL 😂

[@preciousemerenwa6484]

Why the wasteful spending to build this edifice in Lagos, where this money could have best served Akwaibom state. More less trying to carry water with a basket. Lagos gets richer at the expense of Akwaibom people.

[@Babs_De_Don]

It is really a pity! How many has Lagos Government built in Akwa - Ibom? Senseless investment!

[@makizee6.023]

What I expected you to ask is, which location is the return on investment likely to yield dividends, it is going to be a asset owned by Akwa Ibom.

[@suntanglory]

Still doesn't make sense,why can't them make uyo high investment city by build the infrastructures and more?

[@showiabiola1098]

It’s a standard practice done all over the world even Qatar has properties in London.

[@consortiumexpert]

This is a business decision, not an emotional decision. If it is built in Akwa Ibom, how much will it go for? Do you know how much the state will be making annually from that building? Even countries invest in foreign countries. Look at it from a business angle.

[@consortiumexpert]

@@showiabiola1098 Please tell that fellow. I do not know why these people are not seeing what their governor is seeing in that project.

[@peacemarshall7247]

What is the meaning of this

[@usen1910]

My Governor I don't understanding, I need better explanation

[@ositaokoye8816]

This Eno is a big fool. You left the state you are governing and went to build tower in Lagos. A wise governor would have embarked on building a seaport which would yield far more IGR for his state. May you be delivered from naked foolishness.

[@UdemeIdem]

This is a disgrace of the highest order.

[@essiensinfashion5439]

Amen ooo You are very correct ooo

[@fatfarmers7360]

Who is going to patro ise the tower in akwaibom.

[@fatfarmers7360]

It's a commercial building and they need clients to buy it off after the construction. And these clients with money are mostly in lagos.

[@fatfarmers7360]

Mumu

[@peteretuki4814]

Why not build this in Akwa Ibom rather than Lagos. How many of Lagos state properties are in Akwa Ibom? The mumu never do?

[@elooreva318]

This is one of the most stupid initiative i have ever heard from a governor of a state. Before we even consider the viability of the project. it is a deservice to the state of Akwa ibom to build real estate in lagos as a means of improving state revenue. It takes away the pride of the state. Secondly, is the state goverment building those towers to be sold or rented? if to be sold which automatically stripes the state of akwa ibom of ownership, well, we might give it some credibility. but it if is for rent, it is a useless sinking of money that will take decades to recover the capital. Lastly, why do you sink such monies in a foreign state. A state that is so much in control of political rascals who peddle tribalistic sentiments and violence against non yoruba residence of lagos?

[@enjoythemoments1128]

Actually, it makes a lot of sense building it in Lagos because of the high capital appreciation and revenue generation for Akwa Ibom, if it was built in Akwa Ibom, I doubt if anyone can afford such luxury apartment. The Gov is from the hospitality sector and he understands revenue generation via real estate but my only grouse is some local indigenes who probably thinks Lagos can develop itself. Imagine the rest of the states setting up structures like this in Lagos state, it will accelerate the development of the state and boost tourism while generating revenue for the state but some uninformed locals are shouting “leave our state” because of politics.

[@fatfarmers7360]

Out of your sentiments and emotions, you have delivered folly thinkng you are smart and clever.

[@fatfarmers7360]

Your concern is the pride of the state and not the income it generates.

[@fatfarmers7360]

If you were smart enough, you would have heard them say that most of it has been sold out. Whcuh means from the money they recuperate from this building, they can invest in another and sell out again. That is what real estate is about.

[@fatfarmers7360]

Mumu, when no get common sense.

[@ogambachukwnma392]

This governor is a big fool

[@abysound8735]

Yet you that is wise is not yet the governor of your state

[@abubakaralhassan3823]

My people why are some of us so damm, what is wrong with inviting in Ibom state?is it not inside Nigeria aaaa that's why Nigeria left behind development, what makes a country looks good my people wake up

[@etiwaxventure3696]

It's highly unfortunate

[@olaoluwadaviesolanrewaju5385]

What can never happen in Akwa Ibom.

[@kolawoleolowo3951]

Most of the comments here are hilarious. Many people don't know what investment is. The value of that project could triple in less than 10years. So that even if Akwa Ibom want to cashout by selling it they would have made heavy profit. That is how investors think. And if they choose to let it out as a corporate head quarters of a multinational company, where would the rents go to? Akwa Ibom state of course! Thats smart thinking.

[@ibubelemikiroma5494]

Not the best use of Akwa ibom's resources, may be a good investment decision for Lagos but not AkwaIbom.

[@kolawoleolowo3951]

@ibubelemikiroma5494 I honestly don't think so. While it is in Lagos, the proceeds still goes to Akwa Ibom. And this is a long term investment which value will keep going up. What can beat that?

[@Soros_Abiah]

The people who live there will pay taxes where? Where will they buy food or pms? Is it not Lagos? In the end, all the Lagos this or that will be the by-product of other states lack of thinking.

[@kolawoleolowo3951]

@Soros_Abiah You are still thinking short-term. Who gets the rent? Who owns the asset? This is about asset ownership. As long as Lagos exist Akwa Ibom owns a part of it.

[@ibubelemikiroma5494]

@@kolawoleolowo3951 it is good from an investment perspective but it is not the best use of scarce resources of another state to leave her state with all her numerous pressing challenges to go invest in another state - poor thinking 💭

[@AndRoid-km7qr]

This is madness

[@Shadowbliz94]

Why in Lagos why not akaw ibom state how many does Lagos have how many does akaw ibom have dey develop person land that's why I love hausa they will not do this type of mistake

[@aayohfaran8116]

If you have 100M and you want to build or buy a property with the most ROI, where will you build it? In the market that provides this, which is Lagos. The generated returns can then be used in Akwa Ibom for years to come. Very wise move,

[@helenaulukpo5071]

Invest in any state that would bring in more revenue oga governor These same people complaining about investing in Lagos are the ones streaming from their villages and states to Lagos for business.

[@JackPaul-vs3bq]

Because of foolish moves like this. The opportunities have not been created in those states.

[@enjoythemoments1128]

Actually, it makes a lot of sense building it in Lagos because of the high capital appreciation and revenue generation for Akwa Ibom, if it was built in Akwa Ibom, I doubt if anyone can afford such luxury apartment but my only grouse is some local indigenes who probably thinks Lagos can develop itself and the rest of Nigerians aren’t welcome. Imagine the rest of the states setting up structures like this in Lagos state, it will accelerate the development of the state and boost tourism while generating revenue for the state but some uninformed locals are shouting “leave our state” because of politics.

[@DAMINATION_1]

Exactly, even some of the existing towers in uyo I'm not sure they are filled up Just a way of expanding your revenue line

[@JackPaul-vs3bq]

You think the only thing the Government can invest in is Real Estate? 😂😂

[@lopex_channel]

It's because of the enabling environment created by the lagos government I'm very sure your governor will never try to invest there if the return isn't guaranteed

[@enjoythemoments1128]

@@lopex_channel this has nothing to do with enabling environment created by the Lagos state Govt. Nigeria as a whole is among the most dangerous countries in the world but still have multinationals here. That’s to tell you that no matter how unsafe Nigeria is, as long as those companies have what they are looking for, they will continue to stay. All the IOCs producing the crude which makes up about 80% of Nigeria total revenue has their operations in where you call not enabling but their headquarters in Lagos and Abuja. Nigeria(FG) deliberately made Lagos and Abuja the economic capital and Federal capital respectively in the bid attract massive development there. If today Nigeria is divided, most of this IOCs will move their based to where the money is coming from not minding what it looks like, and guess what? All the banks, sea ports, airports, big businesses, real estates etc that drives Lagos economy will move to that new place and then you’d see all the massive development just like in Dubai and Qatar. Ghana has an enabling environment compare to Nigeria but why are all the multinationals companies that’s presently in Nigeria not there? So even if Akwa Ibom state has the best enabling environment, it’s never gonna be such development like Lagos because all the businesses are in Lagos. You don’t expect me to stay in Akwa Ibom and be working daily in Lagos. I’d rather move to Lagos and that’s how the Lagos economy is run.

[@DivineLotanna-us3bb]

Good investment..... Within two to three years, they will recover the money

[@kingparowii2685]

DESPITE I'M FROM IMO STATE 📍. THIS IS THE MOST WORST KIND OF PROJECT I HAVE EVER SEEN. INSTEAD OF THINKING OF HOW TO DEVELOP THE SEA PORT IN AKWA IBOM HE'S BUILDING A HIGH RISE BUILDING 😂IN LAGOS 📍😂

[@mrkay3048]

As an Akwa ibomite, this is completely wrong. Take for example what the yorubas did to the igbos because of politics. Yorubas are very unpredictable and we should be careful when dealing with them.

[@deedeeumondak4490]

How smart is it for the government of Akwa-Ibom to build a project of a high rise building in Lagos mean while projects like the Ibom Tropicana tower hotel, Ibom deep seaport and other project are abandoned or neglected at home. How smart is that. Why carry our state money and invest it in a Xenophobic place Lagos that want to exile people that are non Yoruba. Is that a wise move by the Akwa-Ibom state Government. Do you think the citizens are stupid and ignorant as you squander and mismanagement their money???

[@dsd-dugbe]

2:56 Where are the Ndi developers and develop lagos at your own perils. Lagos moves, Yoruba land moves. No story! South West is the best and most peaceful region in Nigeria. No Monday Monday sit at home 😂

[@obi12obi33]

They don't have land in Akwa ibom

[@staffdriver7052]

This man is not logical ,he talk way too much as a leader. Taking our resources to another man's land ..receive wisdom sir 😢

[@davidedem3807]

smart tower Udom Emmanuel built in Uyo what came out of it?

[@showboytizzy]

Wtf I didn’t understand what’s going on here, are these people normal?

[@FelixObinna-e5m]

Im ashamed to see this lack of wisdom being displayed by akwa ibom governor and some of the ex governors supporting it. imaging the laughter in the minds of their host.

[@JackPaul-vs3bq]

This is the dumbest "investment" I have seen in a while. It's unbelievably stupid! The Government of Akwa Ibom state took the state's funds to invest in Real Estate in Lagos instead of Uyo. Not a smart move by the Governor. That money could've been better spent developing Akwa Ibom and attracting Investors to the state.

[@ericande342]

All the streets you inherited are getting spoilt with no maintenance,there isn't no enough housing for accommodation in Uyo but you chose to take billions from Akwaibom to go and build another state.iam in Uyo and I can say that you are failing already.bringing Victor Attah to come and give validation is a pity.

[@joshuaukoyen7820]

He's a failure on Arrival,he will destroy all the lagacies of his predecessors in his first tenor. Very clueless government blind albino

[@ositaokoye8816]

This is the worst demarketing I have ever seen. The governor lacks knowledge of governance and how to improve standard of living of his people. This is a typical misplacement of priority like umahi who wasted billions in constructing airport and flyovers not needed at the moment. A governor who knows what he is doing would have invested in education, roads deep into the rural areas to assist farmers to easily access their farms to plant, harvest and evacuate to urban areas to make more money and reduce waste. Eno, you are a big disgrace.

[@ekeretteekpenyong6433]

Governor Eno you are a big disappointment to the people of Akwa lbom State.

[@AmoseaInvestment]

He built his personal house calling it Akwa ibom tower

[@osagieosarefe9685]

They gave the governo money to develope his own state he is busy try to develope Lagos state. Is that what the allocation is made for? Why can't he invest the money in his own state to create employment.

[@Hdigitaleyes]

We re the most uninformed, less exposed, less traveled, and less entrepreneur set of people in Nigeria .... How do they arrive at investing billions of naira in a building project in Lagos? With the current situation in Nigeria , Agriculture remain the best and fastest ways of making money in the country 👌 😢😢. ... Very sad situation

[@OMEGA1995]

Stupid investment decisions nonsense people

[@okoliosita7580]

What a useless and wasteful venture to embark upon, this is the most stupid decision by the Akwaibom State government

[@raphduru9787]

Why not build the Ibom Tower in Uyo his capital?. This Governor Eno is a big disgrace for his people 😄

[@osagunmwedeobayagbonna4135]

My brother dey get sense na please, at your age you are still engaged in division, Ned Nwoko want to cut Another state out of south east and many gullible Individuals are praising him, what has these criminals done to the already existing one's, has they developed them into a paradise? You think there's no money for them to had done it? They kept looting this money to amassed wealth for themselves and family and impoverished our brother's and sister's in order to oppress and enslave them, we always claimed the federal Government but it's not the federal that prevented them from developing their states or regions, how many schools has Ned Nwoko built in his region? How many clinics? How many scholarships has he given? How many homeless homes has he built? How many talents has he sponsored? Instead he purchased Ferrari s, big big car's made by the same people that invaded our ancestors and slaved them and fly private planes all over the world, how many INNOSON made vehicles did he have on his compound? Is it the one he wants to cut that they will develop? You think Regina Danielle married him for love?, having said that, don't you travel to Lagos or other regions in Nigeria or live there if you wish? Do anybody restricts you from living in anywhere in Nigeria?

[@chiefs5822]

its an investment opportunity you dwit

[@raphduru9787]

@chiefs5822 You are laughable just like the mugu Ibom Governor 😃 What financial reward can he get from that collosal waste of money on that ostrich project in Lagos? Lagos Gov, Sanwo-Olu must be laughing hysterically with derision at such a dumb project😃

[@chiefs5822]

@@raphduru9787how much is an average rent in that location in lagos vs uyo? compare those facts and get back to me dmwit

[@raphduru9787]

@chiefs5822 I know your comments are nonsensical to even you. Akwa Ibom is a growing oil and gas producing state with a vibrant future. It is more economically profitable to build that kind of tower in Uyo, which will be easily rented by the oil and gas chief executives and the allied companies. On the other hand, Lagos is now a decaying city, experiencing lots of economic divestments - since losing its status as Nigeria's federal capital. Once the Lagos seaport monopoly is broken, Lagos will lose its vibrancy down the road and become Nigeria's version of cities like Sicily, Athens, Alexandria, Philadelphia, once bustling cities that turned to economic ghost cities

[@ChikaDibia-k4i]

😂😂😂😂

[@victorekpenyong9891]

You carry your money go build for another man State. God abeg😂😂😂😂

[@johnnyjustcome638]

He probably should have put the state money in his personal bank like Peter Obi.

[@fran6david114]

Mugu

[@victorshode753]

Good project for structural development. However, as we develop we should improve the lives of the citizens. Projects that will create jobs for the people.