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Yearly Archives: 2018

Court remands businesswoman for alleged N13M property fraud

businesswoman

A Kubwa Grade 1 Area Court, Abuja, on Thursday remanded a 34-year-old businesswoman, Joy Abiodun, in police custody over alleged N13 million scam. The judge, Mohammed Marafa, however, adjourned the case until April 20 for ruling on bail application. The defendant of Wuse, Abuja, is facing a three-count charge of criminal breach of trust, cheating and forgery, offences she denied ...

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“FG is not indebted to any road contractor” – Aganaba

road contractor

Mr. Bola Aganaba, the Deputy Director, Highways, North-Central Zone, Federal Ministry of Power, Works and Housing, says the Federal Government is currently not indebted to any road contractor in the zone. Aganaba said this in an interview with the News Agency of Nigeria (NAN) on Thursday in Abuja. He blamed the earlier delay in the completion of the Abuja-Lokoja road ...

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Real estate properties will continue to rise in Nigeria – Experts

real estate

Amidst the lip service being paid by the government on provision of affordable houses, stakeholders have argued that property prices in real estate may continue to escalate due to rising cost of construction materials. This might be worsened by the Land Use Charge (LUC) law made by Lagos State government, which other states may in no distant time start to ...

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NNPC awards Oando EPC mandate to develop Ajaokuta-Kaduna-Kano gas pipeline project

Oando

A two-party consortium consisting of Oando PLC (“Oando”), in conjunction with its midstream affiliate, Axxela Limited (“Axxela”) (formerly known as Oando Gas & Power) and Oilserv Limited, has been awarded the Engineering, Procurement, Construction (EPC) mandate for the Ajaokuta – Abuja portion (Lot 1) of the Ajaokuta-Kaduna- Kano Pipeline system (the “AKK Pipeline”) by the Nigerian National Petroleum Corporation UNNPCW. ...

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Delta assembly proceeds to end Property Development Fraud

Property development

The Delta State House of Assembly has taken steps to end what it described as “ property development fraud” and exploitation to Deltans, saying that bill to regulate the process would soon be passed. Mr. Sheriff Oborevwori, the Speaker of the House who spoke to DAILY POST in Asaba on Wednesday, disclosed that the Delta State Property Development, and Real ...

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Court arraigns landlady over alleged theft of tenant’s property

landlady

A 53-year-old landlady, Rita Olukanmi, on Wednesday appeared in an Ikeja Magistrates’ Court for allegedly stealing property worth N1.4 million belonging to her tenant. The accused, who resides at No. 19, Oduduwa St., Aboru, Lagos, is facing a three-count charge of conspiracy, housebreaking and stealing. The accused, however, pleaded not guilty to the charge. The Prosecutor, Insp. Victor Eruada told ...

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LASG mobilises contractors with N5.6 billion for 181 road projects

Lagos

The Lagos State Government on Wednesday said it had mobilised contractors with N5.6 billion to begin construction of 181 roads. Mr. Ade Akinsanya, the state Commissioner for Works and Infrastructure, made this known at the Government House, Alausa, at the 2018 Ministerial Press Briefing to mark three years in office of Gov. Akinwunmi Ambode. Akinsanya said that the sum represented ...

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Herdsmen attack again: Four construction workers dead

Herdsmen

Four persons have been reportedly confirmed dead during a fresh attack on workers at a construction site by herdsmen at Nche-Tahu close to Rafi Bauna in Bassa Local Government Area of Plateau State. After the incident launched by suspected Fulani herdsmen on Wednesday morning, one of the masterminds simply identified as Shagari was arrested by security agents. The attack came ...

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Workers demand withdrawal of funds from NHF

NHF

For not meeting their housing needs, Federal Government employees are mounting pressure to break the monopoly of National Housing Fund (NHF) on workers’ contributions. To show their seriousness, they are currently seeking withdrawal of their contributions from the NHF to Federal Government Staff Housing Loans Board (FGSHLB) for easy access to their money. Their demand is contained in the proposed ...

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