204.6 Hectares Of Land

*JOINT VENTURE DREDGING AND RECLAMATION OF 204.6 HECTARES OF WATERFRONT LAND @ THE LAGOON OF PARKVIEW & BANANA ISLAND IKOYI - LAGOS.* Location: -In the Lagoon of Parkview & Banana. Access through Parkview & Banana Island. *Land Size: 204.6Hectares* *Title-: Registered Supreme Court Judgement and Red Copy of Survey plan.* *Land Value: N70Billion ( Subject to Owners & Investors Final Discussion On Valuation )* *Sharing Formula: 60/40 Ratio* *Premium :- (Owo Iwoko): -#1Billion Naira ( Subject to Negotiation)* *Agency Fee: #100million + 10% of Investors Land.* This Valuation includes the Hydrographic, Bathymetric Surveys, and Environmental Impact Assessment (EIA). Therefore the viability of the project on completion is presented below: Assuming 40% to the investor. 10% investor reward to Facilitators/agents Premium payment plus agency fee. 2,046 656.059m² X 40% =818,662.4236m² X 10% =81,866.2424m² Agents. Investor- 818,662.4236-81,866.2424 =736,796.1812m² Current cost per m² N1.3m 736,796.1812m² X 1.3m =N957,834,800,000.00 Less Total cost N70,000,000,000.00 = N887,834,800,000.00 *PROFITS :* For our intellectual capacity, we will be a non-financial partner packaging the investment and will take 10% of the profit/land for planning, organizing, monitoring, and bringing in an independent surveyor to measure the sand filling to know whether it reaches the required level of no future threat. omot