Tag Archives: Ibeju Lekki

Some residents of Ibeju Lekki in Lagos on Saturday lamented their loss of valuables worth millions of Naira to flood caused by persistent rainfall, coupled with poor drainage facilities in the community. Some of the residents said the early morning downpour left several roads and homes in the area flooded. Mr. Luqman Balogun, a member of the Community Development Association, ...

In Nigeria’s real estate sector today, particularly Lagos, there are a number of top Nigerian kings and monarchs who have overtime, become quite influential when discussions regarding the sector are being made.  These are first-class Obas in their own right who have relative measures of strong-hold on their respective empires (communities) and bring about peace & orderliness among their people. To a large ...

Valentine’s Day is the perfect time to whisk your loved one away on an enchanting break (possibly without the kids) in a lush, serene and cosy hideout. Well, if you can’t afford to go through visa application process or travel abroad, fear not! Here are 10 romantic getaways in Nigeria offering incredibly romantic packages that are worth every ounce of ...

In 2017, the Nigerian economy and investment market was in distress. For most Nigerians, being lost in the surging tides was a whole lot easier than staying afloat. Nigeria as a country managed to survive the storm of 2017. In this piece, we review 2017 as a guide to what lies for the real estate sector and it’s affiliates in ...

From ₦1 million five years ago, price of a plot of land in Ibeju-Lekki, Lagos has soared to ₦6 million, representing 500 per cent increase, correspondent has learnt. It was also gathered that the land’s price per plot might soar to ₦8 million before the end of the year due to increased demand by investors and home seekers, who are ...

Success is not final, failure is not fatal; it is the courage to continue that counts. Success they say have many friends. One of the determinants of success is the number of investments accrued to a man especially when it comes to investment in properties(real estate). In this piece, I will be dishing out to you 12 viable reasons why ...

“Governments at federal and state levels have been urged to give tax incentives, such as a holiday, for cooperative societies investing in real estate to enable them increase housing supply and ultimately drag down house prices for buyers, especially the low income earners.”- Business Day Meckson Innocent Okoro, an estate surveyor and valuer, who made this call recently, also urged ...

The United Nations projects that Nigeria’s population will cross the 250 million mark by 2030. An estimated 10th of this figure will live and work in Lagos in an estimated area of 356,861 hectares of which 75,755 are wetlands. To the Lekki Free Zone (LFTZ), this presents development opportunities for real estate developers. Through the LFTZ, the host communities are ...

Ibeju Lekki may soon be opening up to connect to other parts of Nigeria as Gov. Akeredolu looks to record landmark achievement in linking Ilaje With Lagos. Governor Oluwarotimi Akeredolu has signed a Memorandum of Understanding (MoU), with the Niger Delta Development Commission (NDDC), to construct a 50 kilometer road to link Ibeju Lekki and Ondo State. The road is ...

Survey plan fee for Lagos state is going to be three times its current fee and this will take effect from April 1, 2017. For Ikorodu, Epe, Badagry Ojo and Ajeromi Ifelodun local governments, survey fee is currently 120,000 naira;  350,000 naira will be the newly increased cost. Lagos Island, Etiosa, Ikeja and Apapa which are presently set at 300,000 ...