The EFCC will today arraign former Chief of Defence Staff, Alex Badeh, before an Abuja High Court on a 10-count charge ranging from misappropriation of N1.1bn meant for the Nigeria Airforce. According to The Nation, among the allegations leveled against Badeh include alleged spending of NAF funds to build a shopping mall worth N878,362,732.94; another N650 million for the purchase ...
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Nigerian Real Estate Sector And Government Control
Since we became a republic, the real estate sector in Nigeria has been fighting for survival. Its stunted growth, development and dwindling fortunes over the years remain a major source of worry. This article aims to address the problems that arise from the role of government in the real estate sector. Real estate has continued to play a significant role ...
Read More »London Real Estate Continues Fall – Report
According to a new report by Knight Frank, London real estate growth has fallen more than half a percentage point over the past six months for the biggest decline since June 2009. Prices fell by 0.1 percent in February compared to the previous month, and growth was slowest in neighborhoods with more expensive property, such as Westminster and the Royal Borough of ...
Read More »Wike’s N450m Mobile Office
A Port Harcourt-based lawyer has written an open letter to Governor Nyesom Wike of Rivers State over three luxury vehicles he recently acquired as mobile offices. The vehicles were first noticed at the inter-denominational Thanksgiving Service held last Sunday at the Yakubu Gowon Stadium. Since then, the people of the state have wondered how much money the state government spent ...
Read More »How To Do Fixer-Upper Calculations If You Must
Thinking of renovating your property before selling it? You may have to think twice. In fact don’t renovate yet if you’ve not done your calculations; a rough estimate of what your fixer-upper will cost you. In real estate slang, a fixer-upper is a property that will require maintenance work (redecoration, reconstruction or redesign), though it usually can be lived in as it ...
Read More »About Mercy Torkwase Iyortyer, First Female President Of NIQS
In the quantity surveying profession, MRS. MERCY TORKWASE IYORTYER is a woman of many firsts. She was the first female Quantity Surveyor in the Northern Region of Nigeria, the first female chairperson of a chapter in NIQS (FCT Chapter), the Pioneer and Founding Chairperson of the Women Association of Quantity Surveyors (WAQSN), the first woman to represent the institute on the ...
Read More »Did Buhari Win Elections Because Of The N5000 Stipend?
Did Buhari win elections because of N5000 stipend promised? Why is there so much fuss about a 5000 naira stipend promised to the unemployed graduates in Nigeria that should never have been? Find out in this article. When Buhari made the campaign promise of N5000 stipend to unemployed Nigerians, to me it sounded like child’s play. In fact it was ...
Read More »PHOTOS: Nigeria Customs Service Donates Relief Materials To IDP In Edo
First Lady of Edo state, Iara Oshiomole, on behalf of the Nigeria Customs Service, donated relief materials to people in an IDP camp in Edo state, recently. The Comptroller General of Customs, Armed Ali, was also at the ceremony where the items were donated. See photos below:
Read More »Former MGBN & Husband Jailed In The US Over $5.8m Mortgage Fraud
Most Beautiful Girl In Nigeria 1992, Sandra Petgrave and her husband, George Chukwuka, have been sentenced to jail in the US for their roles in a $5.8 million mortgage fraud that spanned 5 years. Sandra and Chiedu have six children together. Investigations by FBI showed that Chiedu led the fraud ring that operated from 2006 to 2011. Sandra was sentenced ...
Read More »Lagos, Badagry Residents Parley Over Physical Planning
To prevent haphazard physical developments along the Badagry corridor, a suburb in Lagos, the state government has sought the understanding of the property owners and resident within the area, and to seek government’s input before engaging in any building project. This, the state said was necessary so that the good intention of the residents to develop their own property does ...
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