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PDP Accuses Aregbesola Of Inflating Airport Contract By N11.5bn

Aregbesola Pays N302million To Owners Of Houses Affected By Road Construction

The Peoples Democratic Party (PDP) has accused Governor Rauf Aregbesola of inflating the contract sum of the Moshood Abiola International Airport, Ido Osun, from N4.5bn to N15.5bn. The Director of Media and Strategy of the PDP in the state, Mr. Diran Odeyemi, said this in a statement in Osogbo on Sunday. The opposition party accused the governor of jerking up ...

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Building Collapse: TB Joshua Drags Lagos Govt, Coroner To Court Over Criminal Indictment

Building Collapse: TB Joshua Drags Lagos Govt, Coroner To Court Over Criminal Indictment

The Synagogue Church of All Nations, led by Prophet Temitope Joshua has dragged the Lagos State Government to court over the criminal indictment of the church by the Coroner court in relation to the collapsed building that killed about 116 persons on September 12, 2014. Joined as defendants in the suit are the Coroner, Magistrate Komolafe Oyetade and the state Attorney-General ...

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FG urged to Resume Work On Lagos-Ibadan Expressway

FG urged to Resume Work On Lagos-Ibadan Expressway

A socio-economic group in Ogun State, the Egba Economic Summit has called on the Federal Government to resume the reconstruction of the Lagos-Ibadan Expressway to prevent it from deteriorating further. The road awarded at a cost of N167 billion by the Federal Government has the Lagos-Sagamu stretch of it being redeveloped by Julius Berger, while the Sagamu-Ibadan axis is being ...

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Fire Guts NNPC Mega Station In Dutse

Fire Guts NNPC Mega Station In Dutse

Fire gutted the Nigerian National Petroleum Corporation (NNPC), Mega Station, Tuesday in Dutse, the News Agency of Nigeria reports. A staff of the station, who pleaded anonymity, told NAN that a 40,000-liter tanker, which brought petroleum, caught fire while offloading. The source said the incident happened at about 5.30 p.m. “The good thing is that it did not affect anyone ...

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Property Expert Urges Govt. On Clear Strategy & Direction For Implementing Housing Plan

Property Expert Urges Govt. On Clear Strategy & Direction For Implementing housing plan

A real estate solution company, Propertygate Development and Investment Plc has thrown its weight behind a plan by the current administration to invest massively in both infrastructure and housing. The support, however, is with a call on the government to give clearer strategy and direction on how the initiative would be implemented, else the laudable vision might be fraught with ...

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Operatives Seek Non-Mortgage Housing Finance Systems

insurance

Reeling from the stain of negative report in which African mortgage markets had been painted by global institutions, as a major impediment in the march to address visible and rapidly growing demand for housing; continent’s mortgage operators and experts recently met in Durban, South Africa to enhance the flow of finance for the troubled sector by calling on the countries to ...

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Professionals Urge Compliance To Lekki Masterplan

Lekki residents want alternative routes ahead of mall operations

Professionals in the built environment have charged the state authorities to ensure total compliance to the existing layout for Lekki masterplan The masterplan developed some year’s ago by a consultant, Messrs Dal Handazzar was conceived to allow free-flow of traffic, free-flow drainage system and a compact corridor. However, developers have flouted this physical planning regulation. For instance, the master plan ...

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Landlord Arrested As Tenant Dies While Packing Out

Kidnappers’ buildings In Anambra

Detectives at the State Department of Criminal Investigation, Yaba, are investigating a 60-year-old landlord, Kareem Ajao, for allegedly killing his tenant, Chukwuyenre Eke. Punch Metro learnt that the incident happened on Chief Kenneth Street, Ilogbo, in the Ajangbadi area of Lagos State. It was learnt that Chukwuyenre, a businessman, and the landlord had been having a running battle over payment ...

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Mortgage Bank Troubled By Lack Of Off-takers In Property Market

Nigeria mortgage agency

A leading mortgage bank, Resort Savings and Loans, says it is troubled by the lack of off-takers in the country’s property market. The Managing Director, Resort Savings and Loans, Mr. Abimbola Olayinka, said at the bank’s 8th Annual General Meeting that the mortgage sector had been operating in a very challenging time, adding that the company presented many houses into ...

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