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Boat Operators Urge FG, LASG To Upgrade Waterways Infrastructure, Security


Boat operators under the aegis of the Association of Tourism Boats Operators and Water Transporters of Nigeria (ATBOWATON) have asked the Federal Government and the Lagos State Government (LASG) to upgrade the infrastructures along the Lagos State inland waterways while also improving the security of the waterways. Addressing newsmen, on Wednesday, in Badagry during a tour of the Badagry-CMS inland ...

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The best investments to consider in a hyperinflation economy like Nigeria


Let’s face it, Nigeria’s rising inflation plus lower options for high-yielding investments are already driving a significant number of investors away from Africa’s leading frontier market. This is coming at a time when Nigeria’s top-performing investment asset class for 2020 is currently having a year-to-date return of around -3.30%. Recent data published by the National Bureau of Statistics (NBS) reveals ...

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Oyetola inaugurates flyover construction in Osogbo


Governor Gboyega Oyetola of Osun on Thursday inaugurated a N3.1 billion flyover construction at the popular Olaiya junction in Osogbo. Oyetola, during the inauguration, said the project was in swift response to the need to secure the future population explosion of the state capital. He identified meeting traffic needs, eradicating needless auto crashes and enhancing the quality of lives of ...

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Lagos to Shut Third Mainland Bridge for 48 Hours from Friday

Third Mainland Bridge

The Lagos State Government has announced plans to shut the Third Mainland Bridge from midnight, Friday, February 19 to the midnight of Sunday, 21, 2021 for final rehabilitation works. The bridge, which has been under repairs for the past six months will be shut to allow the contractor to cast the final rehabilitated expansion joint before it will be finally ...

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Family Accuses Anambra Chief Judge Of Hijacking Family Land

Chief judge

The family of an Anambra State-based lawyer, Harold Ekwerekwu, has accused the Chief Judge of the State, Justice Onochie Anyachebelu, of illegally acquiring their family land for personal gains. The family accused the Chief Judge of unjustly issuing an ex-parte order to demolish the building on the family land. Speaking with SaharaReporters, Ekwerekwu said the disputed land sited in Onitsha ...

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LASG Demolishes Banana Island, Ikoyi Houses over Violations


The Lagos State Government(LASG) has warned residents that it would no longer condone any abuse of building laws in the state. The warning followed the spate of buildings collapse and flagrant disobedience to the regulations guiding the erecting of buildings in the state. The state government(LASG) said it has noticed that many residents are building without due recourse to state ...

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Landlords Cry Out Over AMCON Harassment, Despite Court Order


Residents and landlords of Victory Park Estate, Lekki, Lagos State have accused the Asset Management Corporation of Nigeria (AMCON) of harassment over their properties, despite pending court cases and orders. Two of such cases were filed by Mrs. Bose Ibude and Mr. Okechukwu Okoli and his wife against AMCON and its Receiver/Manager, Mr. Lanre Olaoluwa. The Plaintiffs obtained injunctions against ...

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Ile Arugbo: Saraki loses bid to reclaim land

Ile Arugbo

Ile Arugbo: Kwara State Government on Tuesday got a legal green light to proceed with building on the controversial Ile Arugbo land in Ilorin, with the court striking out the Bukola Saraki’s suit challenging the government’s take over of the land. Justice Abiodun Adewara of the Ilorin High Court struck out the case on Tuesday for “lack of diligent prosecution”. ...

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Housing deficit may increase to 25m by end of 2021

housing deficit

If concerted efforts are not urgently put in place to address Nigeria’s housing deficit, which has continued to increase astronomically, it may grow to 25 million by the end of this year. This was revealed by the chairman, organising committee of the Real Estate & Construction Expo tagged ‘RECON Expo 2021’, Dr. Somadina Anene, at a press conference on the ...

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