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Monthly Archives: September 2016

Residents desert homes over Abduction of Lagos 4

Residents desert homes over Abduction of Lagos 4

Tension rises in Isheri, Lagos state, as some residents have deserted their homes, following the abduction of four residents of Lekki Gardens during the weekend by eight masked men in military camouflage. The residents deserted their homes for fear of possible invasion by kidnappers. Vanguard reports that the search for the four men took a new dimension, yesterday, with the ...

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Construction of 114 roads Created 55,000 jobs – Ambode

Ambode asks Councils to Submit 288 Additional Roads for Construction

Governor Akinwunmi Ambode , the governor of Lagos State  made it known yesterday that through the construction of 114 roads which his administration, in collaboration with local councils across the state, embarked upon early this year, over 55,000 direct and indirect jobs were created. Ambode who was represented by the Commissioner for Agriculture, Mr. Toyin Suarau at the official commissioning ...

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Buildings used for Prohibited activities to be Sanctioned

Buildings used for Prohibited activities to be Sanctioned

The Federal Capital Territory Administration FCTA has said that owners of buildings used for prohibited activities such as prostitution, hawking, and other related activities will henceforth be sanctioned if any security breach is established following the use of such structures. According to National Mirror, the FCTA has therefore asked security agencies in the city to apprehend anyone caught in the ...

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AMCON gets ‘takeover’ order on CityScape over nearly N6billion Debt

AMCON gets ‘takeover’ order on CityScape over nearly N6billion Debt

The Asset Management Corporation of Nigeria (AMCON) has been granted interim orders by the The Federal High Court Lagos Division to take over  Cityscape International Limited’s assets over its nearly N6 billion debt. According to The Guardian, the debt-induced take-over profile of the Asset Management Corporation of Nigeria (AMCON), has risen as the Federal High Court Lagos Division granted it an ...

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Oshodi-Isolo Urban Renewal Plan Commences

Oshodi-Isolo urban renewal plan commences

In furtherance of creating a better environment in Lagos, the Lagos State Government commences the Oshodi-Isolo Model City Plan. The Guardian reports that the proposed new plan promoted by the State’s Ministry of Physical Planning and Urban Development through an urban and regional planning firm, Vistaplan consulting would involve the evaluation of the level of performance in the area of infrastructural ...

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Lack of Funds Threatens Gombe Water Project

Lack of Funds Threatens Gombe Water Project

The Gombe Water Project is currently being stalled by lack of funds. This is based on a statement by the Manager of Gombe State Water Board, Isa Muhammad, who revealed in a report by The Guardian that prolonged maintenance at the treatment plant has put the state capital in an acute water scarcity.  Muhammed said the Board would soon establish a ...

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Government Plans New Housing Initiative, Targets 300,000 New Homes

FG to issue promissory notes to contractors on domestic debts

The Guardian reports that the Minister of Finance, Kemi Adeosun, has announced plans by the Buhari administration to launch a new housing finance initiative. The Federal Government is planning a mortgage system that will catalyse the development of the mortgage market in Nigeria with the provision of single digit interest rate mortgages and longer repayment periods such as 20 years. ...

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Construction industry, Real Estate can salvage economy – Experts

prof. Nubi | Construction industry, Real Estate can salvage economy - Experts

With the state of the nation’s economy today, experts are of the opinion that the real estate industry and construction industry can drive growth in the economy through its links to other manufacturing sectors like the transport infrastructure. According to The Guardian, a new report released by the European Commission suggested that every job created in construction results in two ...

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Earth Tremors Force More Residents Out Of Kwoi, Kaduna

Earth Tremors

More residents of Kwoi in Jaba Local Government Area of Kaduna State have fled, following earth tremors that hit the community last Sunday. The earth tremors which continued into Tuesday, had seen concerned residents relocating their loved ones to safer grounds. The exodus, however, reached a climax yesterday, as several vehicles moved non-indigenes and their properties away. The people’s fear ...

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Why Anti Land Grabbing Law Will Work In Lagos – State Lawmaker

Land grabbing

Deputy Majority Leader, Lagos State House of Assembly, Mr. Olumuyiwa Jimoh, who is representing Apapa II, speaks to Vanguard on the newly enacted law criminalising land grabbing in the state.  What is the significance of the land grabbing law? The land grabbing law is important in so many ways. Hitherto, there was a law that addressed the issue of land ...

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