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Monthly Archives: March 2017

Estate manager arraigned for foreign exchange fraud

Alleged N2b land fraud: EFCC quizzes Abuja estate developer, SAN

According to The Nation, the Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned a Real Estate manager, Mr. Oluwafunmilayo Samuel Ademosu, over alleged N62 million foreign exchange fraud and issuance of dud cheque. Ademosu was arraigned alongside his company, H. T. Real Estate Limited, before Justice Josephine Oyefeso of a Lagos State High Court sitting in Ikeja. They are ...

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Housing loan for 60 Immigration officers

Housing loan for 60 Immigration officers

The Nation reports that the Nigerian Immigration Service, (NIS) in collaboration with the Federal Mortgage Bank, has secured a housing loan facility for 60 officers and men of the service. The facility is worth N60 million. Comptroller General, (CG) of NIS, Muhammad Babandede, disclosed this at the official presentation of a dummy cheque to beneficiaries. Babandede said the development is ...

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Bayelsa government opens up riverside community

Would you take an opportunity to live as a tenant in Lekki over owning your house in Mushin

According to Vanguard, a massive multi-million housing project is under construction at Anyama-Ijaw in Southern Ijaw Local Government Area, Bayelsa State, an area that some years back, could only be accessed by river and a foot path in the thickset mangrove forest. Things are taking shape in the hitherto rustic community, which now boasts of a smooth tarred road linking ...

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T.A.G EXPO to host real estate stakeholders

Expert predicts growth in Nigeria’s real estate investment

“As part of activities to uveil plans for her ‘TAGEXPO summer experience’ billed to hold in Houston, Texas, United States and London, United Kingdom this summer, The T.A.G EXPO will be hosting real estate stakeholders to a breakfast session on March 29, 2017. According to the Chairman T.A.G Nigeria Limited, Mr. Francis Efoechoku, the session will provide insight into the ...

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FG To Reimburse Borno state government in rebuilding infrastructures

FG To Reimburse Borno Govt. In Rebuilding Infrastructures

“The Federal Government says it is working out a plan to pay off costs incurred by the Borno state government in fixing federal projects. The Minister for Power, Works and Housing, Babatunde Fashola stated this in a meeting with Governor Kashim Shettima of Borno state. Fashola has been touring the northeast, inspecting federal roads and projects across the zone. The ...

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Ex-MD drags FG to court over coal corporation property

How Ex-Naval Chief, used family company to acquire N600m property

According to Daily Post, a former Managing Director of the Nigeria Coal Corporation, NCC, Sir Evarist Ibe has nursed fears over plans to eject him from his residence. He has therefore, dragged four agencies of the Federal government with its consultant, C.A Chizea & Co to the National Industrial Court Enugu division, for government’s inability to include him in the ...

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Supreme Court to hear Abuja property suit March 28

How Ex-Naval Chief, used family company to acquire N600m property

According to The Nation, the Supreme Court will on March 28 hear an appeal over a dispute on an Abuja property. Former Nigeria’s Ambassador to South Africa, Alhaji Shehu Malami and businessman Sir Emeka Offor, are in dispute over an Asokoro property. A Nigerian-American Businessman, Mr Imokhuede Ohikhuare, is also claiming the property. The property, a two-wing duplex on Plot ...

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Women Are More Affected By Land-Grabbing – Report

Lekki land

“Women in rural areas are more affected by the incidence of land-grabbing, a study has revealed.”- Leadership This was unveiled during the conference of civil society organizations in collaboration with the department of agriculture and rural development of the Economic Community of West African States (ECOWAS) in Abuja from February 15 through 16, 2017. The research was conducted over a ...

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Federal Housing Scheme: FG pledges equal Opportunities for all Nigerians

Fashola and federal housing scheme

According to Leadership, the federal government has pledged that the housing units to be built under the Federal Housing Scheme (FHS), will be allocated to all Nigerians, irrespective of their states’ of origin and economic status in society. Minister Of Power, Works and Housing, Mr Babatunde Fashola made the pledge yesterday in Maiduguri while speaking to newsmen shortly after inspecting ...

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FG mulls workers’ estates as developers unveil mass-housing projects

17 million housing deficit

The Federal Government has concluded plans to float a mass-housing scheme for public sector workers in states in order to reduce the housing problem in the country. “Coming under a public private partnership, implementation of the scheme has reached an advanced stage. The project will be completed in the next three years.”- The Guardian Minister of State for Power, Works and ...

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