Real Estate

The Federal High Court in Lagos has ordered the Asset Management Corporation of Nigeria and United Bank for Africa to take over an Ikoyi, Lagos property of a former governor of Cross River State, Mr Donald Duke, over an alleged debt of N537,334,360.77. The court made the takeover order in an August 8, 2019 ruling by Justice Chuka Obiozor. The ...

Justice Taiwo Taiwo of the Abuja Division of the Federal High Court, yesterday ordered the Independent Corrupt Practices and Related Offences Commission (ICPC) to unseal a property of immediate past Governor of Zamfara State, Abdulaziz Yari located at Maitama, Abuja. Justice Taiwo who gave the order in a ruling on an exparte application filed by the former governor held that ...

Flood: The residents of Obasanjo road community in Dutsen Sagbagyi II of Bwari Area Council, Federal Capital Territory (FCT), are crying for help and immediate intervention from FCT and Bwari Area Council authorities after three bridges connecting the community to the main road (Old Bwari road), collapsed and washed away by heavy flood caused by Monday heavy downpour. Duste is ...

Gov. Aminu Masari disclosed this while speaking with journalists on Monday in Katsina. “The drainage projects were executed with the aim of curbing the perennial incidences of flooding across the state. “The government will continue to do all that is possible within its limited resources to ensure the provision of good drainage system in the state. “The state government will ...

The Yobe State Governor, Alhaji Mai Mala Buni, and the management of Family Homes Fund have signed a N10, 830, 339, 654.00 agreement for the construction of 2600 housing units to be spread across the state. At the event which took place at the Asokoro, Yobe State House Monday, the Solicitor-General, Yobe State Ministry of Justice, Hajia Hadiza Mohammed Umar, ...

The Edo State Government has completed plans to construct a bus terminus at 3rd Junction, Murtala Muhammed Way by Sokponba Road, in Benin City, in a renewed drive to ease movement around the city. The project is being developed by the state government through the Edo State Development and Property Agency (EDPA). Executive Chairman, EDPA, Isoken Omo, in a statement, ...

A Federal High Court in Abuja has approved an interim forfeiture of property worth N209 million belonging to a Nigerian civil servant. According to a statement signed by the spokesperson of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Rasheedat Okoduwa, Justice Muawiyah Idris of the High Court sitting in Nyanya, Abuja granted the order. According to the ...

Shelter Afrique, a non-governmental organisation, is to invest 180 million dollars in five years toward addressing Nigeria’s housing deficit, its Managing Director, Andrew Chimphondah, said on Tuesday in Abuja. Mr. Chimphondah told the newsmen that the investment period would span from 2019 to 2024. He said that Nigeria was a strategic market for Shelter Afrique, adding that the outfit’s shareholders ...

Suspected hoodlums invaded the All Progressives Congress secretariat in Benue State in the early hours of Sunday, destroying some valuables, including documents, computers, windows, and doors. The hoodlums were said to have invaded the office located on the Joseph Tarka Way, Makurdi, the Benue State capital, around 4am on Sunday and forcefully removed the window bars to gain access to ...

POWER SECTOR – Osinbajo’s spokesman, Laolu Akande, in a statement in Abuja, said the vice president spoke at the commissioning of the 2x60MVA, 132/33KV substation and associated 132KV transmission lines in Abeokuta, Ogun State on Thursday. Vice President Yemi Osinbajo says the Federal Government’s power sector reforms are already yielding results as steady progress is being recorded in power generation, ...