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Real Estate

Firm debunks fraudulent mortgage deal allegation

mortgage

Mortgage The CMB Building Maintenance and Investment Company Limited has disproved the allegations of fraudulently mortgaging homes belonging to Pearl Nuga Park Estate and Pearl Garden Estate situated at Sangotedo Village in Eti-Osa Local Government Area of Lagos. CMB in a statement issued through its counsel, Ifoma Ogoh stated that the said allegations published in Newspapers were false, malicious, and ...

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ICPC begins investigation of N15bn constituency projects in 12 states

ICPC

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) will on Tuesday commence the first phase of investigation of fraudulent procurement practices in the award of over N15bn contracts for constituency and other projects in 12 states located in the six geopolitical zones of the country. According to a statement issued on Monday by the spokesperson of the commission, ...

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EFCC arraigns man for obtaining property by false pretence

EFCC

The Economic and Financial Crimes Commission (EFCC), Ibadan zonal office, on Monday arraigned one Paul Afolabi before Justice Patricia Ajoku of the Federal High Court, Ibadan Judicial Division. He was arraigned on four counts bordering on obtaining property under false pretence. Afolabi, who operated through the name William Sharon was arrested in Ibadan by operatives of the Commission after receiving ...

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FG awarded 121 contracts, constructed 1,262 kilometers of road in 3 years – Fashola

Fashola

Former minister of power, works, and housing, Babatunde Fashola, says the federal govt awarded 121 road contracts and constructed 1,262 kilometres of road from 2016 to 2018. According to Fashola, 277 kilometers of road was constructed, 345km was rehabilitated and 17,749 people were employed in the process, in 2016 alone. The permanent secretary in the Ministry of Works and Power, ...

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6 in court over alleged N174,000 property theft 

property

The defendants are Rabiu Mogaji, 45; Ashiru Hammed, 23; Isah Mohammed, 35; Abdullahi Adamu, 20; Sanusi Muhammed 22; Ali Saheed, 29 and Ashiru Umar, 20. The defendants, whose addresses were not provided in court, were brought before a Badagry Chief Magistrates’ Court on a three-count charge of stealing property, assault, and breach of peace. They, however, pleaded not guilty of ...

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Fayose’s former aide gets six months jail over land encroachment

Land

An Ado Ekiti Magistrates’ Court has sentenced a former Chairman of Ado Local Government Area, Mr. Taye Fasuba, to six months imprisonment over unlawful entry into a land and malicious damage to property. Senior Magistrate Omolola Akosile, in a judgment delivered on Monday, found Fasuba guilty as charged in two of the three counts before the court and sentenced him ...

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Lagos residents lament losses to floods

Lagos residents

Lagos residents call on government for intervention as flood destroys properties worth millions of naira. Adebola Oni, 28, stands in front of a kiosk overlooking a marshland on Tony Enyinna Street, Gbagada. It had just rained that Sunday afternoon and the sun was forcing its way out of the sky’s grey shrouds. At 3:57 p.m., Mr. Oni had spent the ...

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Bandits attack Taraba villages, kill one, burn houses

Taraba

At least, one person was said to have lost his life and several houses burnt and other valuable properties destroyed on Sunday night when suspected herdsmen attacked Tudiri village in Ardo Kola Local Government and Kasuan Baila area of Jalingo, the Taraba State capital. Mr. Amos Tijam a victim of the attack told our correspondent that one person was killed, ...

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NITP calls for proper control, monitoring of housing projects

NITP

The Nigerian Institute of Town Planners (NITP) Lagos Chapter, has called on the Lagos State Government to facilitate adequate control and monitoring of housing developments across the state. The NITP Chairman, Mr. Bisi Adedire, made the call in an interview with the News Agency of Nigeria on Friday in Lagos. Adedire said that proper monitoring and supervision of buildings had ...

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