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Author Archives: NREH

NBA in property acquisition, unveils Lagos and Abuja complexes

Driven by a need to have befitting edifice that would among other things shore up its revenue base, the Nigeria Bar Association (NBA), has shown stronger appetite for property acquisition and development and thus it has unveiled a six-storey complex that would serve as its Lagos Secretariat. The umbrella body of all legal practitioners in Nigeria has also commenced construction ...

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Landlady’s thugs stab carpenter to death

A 27-year-old man, Michael Abodurin, has been stabbed to death by hoodlums called by his landlady, Mrs. Idowu Adenekan, in the Oworonsoki area of Lagos. According to PUNCH, the problem started after the deceased’s friend could not pay back the N200 he borrowed from the landlady last year. It was gathered that after it dawned on Adenekan that the debtor ...

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Mansard Insurance building gutted by fire

A building belonging to Mansard Insurance Plc was on Tuesday gutted by fire in Lagos. The building, which is located on Aboyede Cole on the Victoria Island, was said to have been gutted by fire around 11am after a petrol tanker exploded near the building. It was gathered that the explosion led to the inferno. The tanker was said to ...

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FG woos investors with waivers on affordable housing.

Apparently worried by the high cost of housing delivery in Nigeria, the Federal Government has begun to woo key players and stakeholders in the public and private sectors of the economy with concessions and waivers that would enable them provide affordable housing to millions of homeless Nigerians. Indications to this effect emerged last week at one-day pre- summit for the ...

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Policemen protest against sale of Police barracks

There has been growing anxiety at the Ikoyi Police Barracks, Lagos, since the resident police officers learnt that the barracks had allegedly been sold to private developers. According to PUNCH Metro, the barracks situated in a fenced compound on Ruxton Road, Ikoyi, Lagos, has 18 flats and houses no fewer than 16 senior police officers with their families. Our correspondent ...

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Ogun seal deal to develop MITROS CITY.

In a bid to rebuild the landscape of the state under its urban development programme, the Ogun State Government has finally sealed a deal with a concessionaire for the development of a new settlement that would be known as a Mitros city. Mitros, an acronym for Mission To Rebuild Ogun State, is a new housing estate, to be sited by ...

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Ogun community laments bad access roads

The residents of Emuren Remo in the Sagamu Local Government Area of Ogun State have called on the state government to fix the roads that lead to the community from Sagamu and Lagos ends. They said the roads, which had become almost impassable, was constructed by the late sage, Chief Obafemi Awolowo, in the 50s. They added that the roads ...

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The Business of financing Cooperative Societies: GENERATING FUNDS

The ability of any business to grow financially is dependent on how much income it generates, not to mention that the income must far exceed its expenses. For Cooperative Societies, the trend is the same. Like any institution, they require money for their operations and this money is gotten from different sources that are approved by the laws and bye-laws ...

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OGUN promises completion of Sango-Akute road

The authorities of Ogun State have explained that on-going construction of the 40 kilometre-Sango-Akute-Ojodu Abiodun Road in Ado- Odo/Ota and Ifo local government areas was slowed down due to persistent rainfall. The State’s Commissioner for Works and Infrastructure, Mr. Olamilekan Adegbite, an architect, made this known in Abeokuta last week said, embarking on the construction in the face of unfriendly ...

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Estate Agent dupes 56 people

A developer and four estate agents have been arraigned before a magistrate’s court sitting in Lagos for allegedly collecting a sum of N19.4m from 56 persons under the guise of letting out a self-contained apartment on Yusuf Street in the Iyana Ipaja area of the state. We gathered that the accused persons – Chief Adeoye Ogundipe (70), Chief Wasiu Jinadu ...

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