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Yearly Archives: 2017

Bayelsa State Governor urged to annul land deal with fulani herdsmen

Fulani herdsmen

Prof. Kimse Okoko, former President of the Ijaw National Congress (INC), has warned of an imminent danger in Bayelsa State, except Governor Seriake Dickson annuls a land deal with the Fulani herdsmen. According to The Guardian Okoko told journalists in Port Harcourt yesterday, that the 1200 hectares of land that he allocated to them was defective because 75 per cent ...

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Landlord files contempt charge against taskforce on land grabbers


property demolition case in court

“A Lagos landlord, Engr. Babatope Bejide has filed a contempt
proceeding before a Lagos High Court, Igbosere seeking to commit to prison, the chairman of the Lagos land grabbers’Committee, Mr. Jide Bakare. The plaintiff has raise form 48, which is the notice of consequences of disobedience to court order, warning that Bakare stands the risk of being comitted to Prison if ...

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Fourth Mainland bridge construction to start this year

Fourth mainland bridge

The Fourth mainland bridge construction is said to start this year. Mr Steve, the state commissioner for Information and Strategy, gave the assurance in an interview with the News Agency of Nigeria (NAN).  The Guardian reports that the commissioner, however, did not mention any specific time of the year for the commencement of the project. According to The Guardian, he ...

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Land grabbers now risk 15 years imprisonment in Oyo

Land grabbing

According to Daily Post, Forcible seizure of any landed property in Oyo State or an attempt to do so, otherwise known as land grabbing, has become a criminal offence that attracts a maximum of 15 years imprisonment or an option of a fine of N500,000 or both. This is one of the provisions of the new Real Properties Protection Law ...

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Federal Government Meets Investors on the Issuance of Sovereign Green Bonds

Green bonds

According to Proshare, “Nigeria is committed to sustainable economic development. The Lagos Event is a concrete step in the process of developing and issuing our 2017 sovereign green bonds program ‘- Amina Mohammed, Minister of Environment Nigeria’s aspiration to become a green economy inches closer as The Federal Government meet investors and Capital Markets Operators in Lagos for the first ...

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Ending forceful entry into landed properties in Edo

Landed properties

” “When the righteous come to throne, the people rejoice” is a popular saying from the Holy book-the Bible. Initially, it came as a speculation that the new Oba of Benin was deeply concerned over the activities of land speculators and Community Development Associations and was prepared to end the travails of land developers and investors in the state as ...

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AMCON, Nigerian aviation’s knight in shining armour

aviation infrastructure

The Cable reports that the Asset Management Corporation of Nigeria (AMCON) recently took over control of Arik Air, Nigeria’s leading airline in order, we are told, to protect their anxious creditors, prevent a catastrophic shutdown of services to the public and preserve the jobs of their long-suffering employees. Arik, has debts of over 300 Billion Naira and needs the immediate ...

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AGENT’S DIARY: My Best Real Estate Deal Yet

real estate deal

This narrative was first shared on February 2, 2015 at the onset of the Economic recession. It is a story about how a real estate top shot encountered his best real estate deal yet whilst just a mere real estate agent. Without mincing words, I can tell you that it is not everybody that is feeling the cash crunch. Yes, ...

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Important Warren Buffet Real Estate Lesson You Must Not Miss

Warren Buffet

We know a lot about what Warren Buffett thinks about investments and businesses. But we don’t know as much about what he thinks about real estate and homes. And it turns out, his honest opinion will surprise you. One of the more interesting businesses, which now falls into the wide umbrella of Buffett’s Berkshire Hathaway, is its real estate arm ...

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Made in Nigeria building materials expo soon to hold in Lagos

repositioning of Africa’s economy

This Day reports that the first and largest Made-in-Nigeria Building Material Trade Show, which will hold in Lagos will soon be declared open by the acting President, Prof. Yemi Osinbajo. “This was made known in a press statement released to newsmen by the organiser, Mrs. Roni Akins, Publisher Global Homes Magazine, a UK based real estate publication that specialises in housing journalism ...

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