Property fraud – The Federal Government has uncovered 114 companies neck deep in shady land deals, even as it raked in N1.173 billion in tax revenues from January till date. The Executive Chairman, Federal Inland Revenue Services (FIRS), Tunde Fowler, made the disclosures in Abuja at the African Union high-level panel on illicit financial flows from Africa. According to him, ...

A farmer, John Ologunleko, on Thursday appeared before an Okitipupa Chief Magistrates’ Court in Ondo State over alleged unlawful damage of property, valued at N1.6 million. Ologunleko, 60, of no fixed address, is facing a five-count charge, bordering on felony, encroachment, unlawful damage, threat to life and breach of peace. The Prosecutor, Insp. Ayodeji Omoyeigha told the court that the ...

The projects, which were constructed by the EU-UNICEF in collaboration with Osun Government, were inaugurated in 146 communities of Odo-Otin, Ifedayo and Ayedaade Local Government Areas of the state Speaking during the inauguration, Mr. Olaposi Adiatu, General Manager of Osun Rural Water and Environmental Sanitation Agency (RUWESA), said the prompt payment of N226 million counterpart funds by the state government ...

One of the most important ways of laying claim to ownership of a property is by being in possession of the relevant land title documents which are recognized by various government statues and laws. I wrote this article to help you identify which specific land title you are required to have and how you can get them. The controversy over ...

As Nigeria marks the International Teachers Day, the Nigeria Union of Teachers (NUT) has called on the Edo State Government to take urgent steps to fix the problems facing the education sub-sector. The State Chairman of the NUT, Mr. Pius Okhueleigbe made a call on Thursday and explained that while current efforts by Governor Godwin Obaseki to introduce technology in ...

NREH correspondent, Rianat Sanni was in an interview with Mr. Bolaji Adejana who works in the internal control unit of Realty point limited. Mr. Bolaji Adejana said, “My salary was not more than 20,000 naira when I decided to build my house”. Let’s find out from our sack your landlord series how he managed to pull this through. NREH: You ...

Globally, there is a strong consensus that the development of the housing sector is essential for stimulating economic growth. Housing construction is one of the frequently used indices for measuring economic conditions worldwide. However, recent reforms in the mortgage industry are set to bring sustainable growth in the industry and bridge the housing deficit, which is estimated at 20 million. ...

Capital market operators, under the aegis of Chartered Institute of Stockbrokers (CIS), have cautioned the federal government to be less financially involved in the funding of critical infrastructure, but concentrate more in the formulation of policies that will transform the living standard of Nigerians. The operators gave the advice in Lagos, yesterday, during the 22nd Annual Conference of CIS. Speaking ...

Former Governor of Oyo State, Chief Christopher Adebayo Alao Akala, on Thursday, condemned the action of some agents of the state government for sealing his property in Ibadan, the state capital. The state government had on Thursday sealed the National Horticultural Research Institute, (NIHORT), located at Idi-Ishin area of Ibadan, the state capital for failing to remit its workers Pay. ...

Justice Chuka A. Obiozor of the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, October 3, 2018, ordered the final forfeiture of Ikoyi property worth N204, 200,000 recovered from one Joy Obiageli Oti by the Economic and Financial Crimes Commission, EFCC, to the Federal Government. The judge had on April 25, 2018, ordered the interim forfeiture of the property, ...