Real Estate News

A member of Ekiti State House of Assembly, Dr. Samuel Omotoso, has removed markings of the Economic and Financial Crimes Commission (EFCC) from a two-storey commercial building in Ado Ekiti, the Ekiti State capital. The building, marked “Under Investigation, Please keep off” by EFCC, was among property believed to be linked to former Ekiti State Governor, Mr. Ayodele Fayose, that ...

The three accused men and a woman are – Silifatu Abisile, 60; Jimoh Abisile, 52; Gbade Bakare, 56; and Isaiah Bakare, 45. Four tenants, who allegedly exhumed the corpse of their landlord before selling his property were on Monday brought in a Yaba Chief Magistrates’ Court in Lagos. The three accused men and a woman are – Silifatu Abisile, 60; ...

The Nigerian National Petroleum Corporation (NNPC) has said that it is embarking on expansion of LPG handling infrastructures across the country. The Corporation said the step was in line with its aggressive policy to grow local consumption of the cooking fuel even as it targets 10 per cent market share of the global Liquefied Natural Gas (LNG) market. Group managing ...

To stem the rising incidents of building collapse across the country, the Nigerian Institute of Architects NIA has advocated stringent action against quacks who engage in building construction without pre-requisite knowledge and certification. NIA President, Festus Njoku, who spoke at the 58th Annual General Meeting and Conference of the professional body in Lagos last, said that engaging quacks to help ...

A Kuje Upper Area Court, FCT, on Friday sentenced a 25- year-old labourer, Yahaya Musa, to three months in prison for stealing five bags of cement valued at N12, 500. The police charged Musa, who lives on Funtaj Road area of Kuje, with two counts of joint act and theft. The judge, Malam Abdulahi Abulkareem, who did not give him ...

A civil society organisation, Paradigm Leadership Support Initiative (PLSI) has stated that contractors have returned to continue work on two road projects in Kano and Adamawa States awarded by Federal Ministry of Works. Paradigm Leadership Support Initiative (PLSI), working to promote citizens’ participation in Nigerian public audit through its Value for Money initiative, began advocacy on these projects in August ...

Some residents of Idimu have appealed to Governor Akinwumi Ambode to reconstruct the Pipeline Road in the area in order to ease the gridlock on Egbeda-Idimu Road. The Chairman, Publicity Committee of Idimuland Communities Central Development Association, Mr. Ayo Akinsowon, made the call on Saturday at the ICCDA Day and fundraiser for the N25m multipurpose hall in the area. Akinnsowon ...

The FCT Administration has unveiled new procedures for conducting legal search on landed properties in the Federal Capital Territory, Abuja to curb fraud and abuses. The FCT Director of Land Administration, Adamu Jibrin Hussaini, dropped this hint at the weekend in his office while addressing some senior staff of the department. The Director said that henceforth, applicants must write and ...

An oil magnate, Dr. Emeka Okwuosa, says the Federal Government needs to invest over three trillion dollars on infrastructure development in the next 20 years for positive impacts in various sectors of the nation’s economy. Okwuosa, who is the Chairman, Oilserve Group, spoke in a paper entitled: “Infrastructural Development: A Key to Economic Growth and Development in Nigeria, which he ...

The Economic and Financial Crimes Commission (EFCC) has traced a property worth N500 million to a former Plateau State governor, Jonah Jang. The property is located at No. 8 and 9 Gobarau Road Unguwan Rimi GRA Kaduna State, a statement on Sunday by acting EFCC spokesman Tony Orilade said. READ ALSO: Economic and Financial Crimes Commission forfeits over 20 houses from ...