A 34-year-old real estate agent, Michael Komolafe, who allegedly stole N256,000 from a Police Inspector, was, yesterday, arraigned before an Igbosere Magistrate’s Court, Lagos. The defendant, whose residential address was not given, is facing a one-count charge of stealing, preferred against him by the Police. The prosecutor, Sergeant Cyriacus Osuji, told the court that the defendant committed the alleged offence ...
Read More »Monthly Archives: November 2017
Enforce speed limiting devices on private vehicles – RTEAN
According to a report in Vanguard, The Road Transport Employers Association of Nigeria (RTEAN) has advised the Federal Road Safety Corps (FRSC) to begin enforcement of speed limiting devices on private vehicles to reduce accidents. Alhaji Musa Muhammed, RTEAN Chairman in Lagos State, gave the advice in an interview with newsmen on Wednesday in Lagos. According to him, enforcing speed ...
Read More »Lagos and the Evolution of Oyingbo Market
Lagos state is unique in many ways. It is the most populous state of Nigeria and is the leading non-oil sector contributor to the country’s Gross Domestic product (GDP). In this piece, Biodun Onayele writes about Lagos and the evolution of Onyingbo market. In 2006, Lagos contributed 30% of the nation’s GDP, consumed more than 60% of its energy, paid 65% ...
Read More »The decaying state of student hostel in Nigerian Tertiary Institutions
The student hostel facilities in our tertiary institutions have been a major area of concern with increasing student population as a result of increasing interest in the higher institutions of learning over the years. In this article we take a critical look at the decaying state of student hostel in Nigerian Tertiary Institutions. The rise in population of students admitted ...
Read More »Why Housing Shortage Persists in Lagos
Decent and affordable housing is one of the basic needs of individuals, family and the community at large. In this piece, we look at the problems associated with housing delivery in Lagos. Despite her huge potentials, why do you think housing shortage persists in Lagos? As a pre-requisite to the survival of man, housing ranks second only to food. Housing ...
Read More »The Science and Art of Skilled Negotiations in Real Estate Deals
Feeling comfortable with a real estate transaction is the easiest way to ensure that you have a positive experience, whether it be as buyer or seller. Knowing what is going on and taking an active role in the proceedings of your real estate transaction will give you the peace of mind necessary to erase some of the worries and doubt ...
Read More »Constant power supply is an impossibility if bills are not paid
“The Association of Nigerian Electricity Distributors (ANED) has called on Nigerians to pay their electricity bills promptly as non-payment of electricity bills would worsen the irregular power supply in Nigeria” – PM NEWS Mr Sunday Oduntan, its Executive Director (Research and Advocacy), said in a statement in Lagos that lack of steady power supply had hindered the development of the ...
Read More »LASG begins enforcement against tax defaulters
The Lagos State Government on Monday directed all its revenue agencies to ensure prompt payment of taxes and also commence enforcement of payment by all tax defaulters with immediate effect. Commissioner for Information and Strategy, Mr. Steve Ayorinde, in a statement, lamented that many residents were not fulfilling their civic obligation of paying their taxes and that the prevailing situation ...
Read More »Stakeholders of real estate advocate stratified sector for affordable housing pricing
Guardian reports that to address the real estate market in a more focused way, experts have called for stratification of the sector to ensure social and affordable housing. Stakeholders of real estate spoke at the 2017 yearly Real Estate Unite summit in Lagos, according to them, there is still huge opportunities for the real estate industry if the right things are done. The summit has as its topic: “ Africa’s ...
Read More »Ghana real estate fair to debut in Nigeria in December
All is now set for the first ever Ghana Property Show in Nigeria, with a delegation of over 15 leading Ghanaian real estate companies billed to showcase participate , and showcase high quality Ghanaian housing expertise. This is according to a report on Daily Times. Expected at the fair scheduled to hold on 9th December, 2017, at the Federal Palace ...
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