“For reasons bordering on improved infrastructure and the crimpling impact of economic downturn which has compelled some individuals, families and corporate institutions to downgrade and change locations, Landed property prices in Lekki is the fastest rising among the prime island locations in Lagos.”- Business Day But land prices in Banana Island which is the most expensive neighbourhood in Lagos and ...
Read More »Yearly Archives: 2017
Gombe flood disaster destroys 12 houses
“The Gombe State Emergency Management Agency, SEMA, said 23 persons were killed and five others missing in Gombe flood disaster between June and July.”- Premium Times Mohammed Garba, Acting Head of Rescue and Rehabilitation of the agency made the disclosure to journalists in Gombe on Monday. He said six persons died at Dadinkowa in Yamaltu-Deba flood on June 6; 16 ...
Read More »How Lagos Can Be Saved From Flood Disasters
The issue of flooding has worsened considerably in Lagos in recent times to the extent that a man was spotted paddling his canoe on the popular Ahmadu Bello way in Victoria Island only last month. In this article, we look at possible ways Lagos flood disasters can be avoided. Following the flood than overran the Island and Lekki area of ...
Read More »5 Common First-time Landlord Mistakes to Avoid
Owning a rental property in Nigeria or anywhere else in the world doesn’t come easy, so if you are lucky enough to own one, you must guard your investment jealously. This article points out 5 common first-time landlord mistakes to avoid. Managing a rental property requires experience, knowledge or expertise, perseverance and of course good inter-personal skills and people management ...
Read More »Former Dunlop sues bank over alleged illegal acquisition of land
“Giant Tyre Manufacturing Company DN Tyre and Rubber Plc, formerly Dunlop Nigeria Plc, has instituted a $14.6million suit on a commercial bank, a church and five others over alleged illegal acquisition of land.”- Vanguard The claimant, the owner of 20.22 acres of land at plot 23, Oba Akran Avenue, Ikeja in the suit before a Lagos High Court, is alleging ...
Read More »Lagos and stakeholders move to harmonise tax collection system
“The Lagos State Government is brainstorming with stakeholders in the business environment to harmonise tax collection system in a bid to nip multiple taxation in the bud.”- PM News Issues, such as multiplicity of taxes, rates, illegal levies, harassment of citizens by revenue officers, especially by local governments, among others were brought to the front burner for discuss. Commissioner for ...
Read More »Public housing development: Lagos and Singapore partner
According to PM News, the Lagos State Government is partnering with the Singapore Government in public housing development in a bid to bridge the housing deficit in the state which stood at three million. Officials from the Singapore Government, led by Dr. Koh Poh Koon, Senior Minister of Trade and Industry, Ministry of National Development, paid a visit to the ...
Read More »Land Use Act bill: environment professionals condemn senate’s rejection
“As the Land Use Act bill which sought to alter the 1999 Constitution for it to be expunged from the Constitution so that it could be subject to regular process of review and amendment suffered defeat in the upper legislative chamber last week, built environment professionals have condemned the action of the senators to reject the bill.”- Vanguard Describing the ...
Read More »FMBN : Committed to delivering houses in a period of recession
“A time when public confidence in many government institutions is probably at its lowest ebb, one institution that stands out for its commitment to service is the Federal Mortgage Bank of Nigeria (FMBN).”- Leadership Set up since 1956 when it was known as the Nigerian Building Society, the bank has continued to deliver on its mandate of supplying the mortgage ...
Read More »Dangote and others jostle for Lagos road contracts
The Guardian reports that major shifts may soon be introduced into the Lagos government’s road projects with the bidding of AG-Dangote Construction Limited proposing the use of concrete in the 181 local councils road contracts. The firm is among the 1,000 building and civil engineering contractors jostling for the contracts in Lagos. At least two roads are selected from the 20 ...
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