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Tag Archives: Property

CSCEOS warns Governor Aregbesola to stop selling people’s property to friends

CSCEOS warns Governor Aregbesola to stop selling people's property to friends

“Civil Societies Coalition for the Emancipation of Osun State (CSCEOS) has warned Governor Rauf Aregbesola of the state against selling property belonging to the people of the State to his Lagos friends and associates under the guise of Public Private Partnership (PPP) and Concession arrangement.”- Daily Post The group noted that such arrangement was not in the best interest of ...

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Court orders service of processes on Mrs Obaseki over estate mismanagement

Court orders service of processes on Mrs Obaseki over estate mismanagement

“A Lagos High Court Judge, Justice M.A Savage has ordered that court papers filed in the suit alleging gross mismanagement of the estate of late Philanthropist, Chief Olatunji Ajisomo Alabi by the management of Bank of Industry Investment and Trust Company Ltd, be served on the Managing Director of the company, Mrs Betsy Obaseki through the company’s secretary.”- PM News ...

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Court affirms interim forfeiture of a property belonging to Peter Nwaoboshi

Court remands land agent for alleged land fraud

“Justice Abdulazeez Anka of the Federal High Court, Ikoyi, Lagos yesterday affirmed the interim forfeiture of a property belonging to representative of Delta North in the Senate, Peter Nwaoboshi.”- The Guardian Justice Anka had, on April 24, 2017, granted an interim forfeiture of the said property, a 12-floor high rise building to the Economic and Financial Crimes Commission (EFCC). Counsel ...

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RENT TO OWN: Another path to owning a home.

Rent-to-own

Owning your house in a country like Nigeria, especially in metro cities of Lagos, Abuja and Port Harcourt is a laudable accomplishment considering the high cost of living. In this article, we take a look at an alternative to paying rent and being treated shabbily by your landlord. The cost of renting a standard house is so back-breaking, sometimes having ...

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Man defrauds hair care company to acquire property

defrauds hair care company to acquire property

Premium times reports that a Septuagenarian, Shakin Oworu, allegedly defrauds hair care company to acquire property. He was on Wednesday charged at an Igbosere Magistrates’ Court in Lagos. Mr. Oworu, aged between 70 and 79, was arraigned alongside his daughters, Bukola ‎Opara (Née Oworu) and Nasiru Ismaila, on a four-count charge of conspiracy, forgery, stealing and receiving stolen property. The ...

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Residents fault Lagos over unlawful takeover of their landed property

Residents fault Lagos over unlawful takeover of their landed property

“As the world is preparing towards celebrating the World Habitat Day, scheduled for next week Monday, some residents in Lagos State are crying out against unlawful takeover of their landed property by the state government without due consultation and compensation.”- Independent Representatives of  Idotun  family in Ibeju Lekki Local Government Area of Lagos State, said it is unfortunate that as ...

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Businessman appeals for intervention on unlawful demolition of his property

Businessman appeals for intervention on unlawful demolition of his property

“A Lagos-based businessman and developer, Alhaji Hakeem Kosoko, has appealed to the Speaker of the Lagos State House of Assembly, Mudashiru Obasa, to intervene in what he described as manipulation of legal contract and unlawful demolition of his property located at 23, Breadfruit Street, Lagos, by agents of the State government.”- The Guardian The petitioner, through his counsel, S. A. ...

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EFCC inspects N7bn Dubai properties belonging to Diezani Alison-Madueke

Diezani Alison-Madueke

According to Punch, operatives of the Economic and Financial Crimes Commission have visited two mansions in Dubai allegedly belonging to a former Minister of Petroleum Resources, Diezani Alison-Madueke. The properties, located at E146 Emirates Hill and J5 Emirates Hill, are said to be worth 74,000,000 dirham (N7.1bn). Emirates Hill, which has been described as the Beverly Hills of the United ...

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EFCC seizes 14 pieces of property linked to former FCT minister

property ownership investigations

“Nigeria’s foremost anti graft agency, the Economic and Financial Crimes Commissionsays it has seized 14 pieces of property linked to former FCT minister, Mallam Bala Mohammed, and his son, Shamsuddeen.”- Naija News The commission sought the interim forfeiture of the said property through a court application filed before the federal high court in Abuja, on September 11, 2017. It said the ...

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Executive Vice Chairman of Aiteo Group denies buying property for Diezani

Executive Vice Chairman of Aiteo Group

The Nation reports that the Executive Vice Chairman of Aiteo Group, Mr Benedict Peters, has debunked an online report that he bought property and luxury furnishings in England for former Petroleum Resources minister Mrs Diezani Alison-Madueke. The report claimed it was in return for contracts from the Nigerian National Petroleum Corporation (NNPC). The company, in a statement, said the publication contains ...

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