Real Estate

President Muhammadu Buhari has withheld assent to another bill, the Nigerian Correctional Service Bill, bringing to 38 the number of bills declined assent by President Buhari since June 2015. This is coming just as the Senate Tuesday passed three bills namely Chemical Weapons (Prohibition) Bill 2019; Electric Power Sector Reform No. 6, 2005 (Amendment) Bill 2019 and National Board for ...

Members of the Board of Directors of the Nigerian Ports Authority (NPA) have added their voice to the perennial traffic gridlock on the roads leading to the port in Apapa and Tin-Can Island. While assuring that the Board would continue to identify with all efforts to find a lasting solution to the problem, the members stated that they were aware ...

Mr. Nana Takai, a former labour leader, has called for a review of the National Pension Act and National Housing Fund (NHF) to ensure workers friendly policies. Takai, the immediate past National Chairman of the National Association of Nigerian Nurses and Midwives (NANNM), made the appeal at the ongoing labour workshop organised by the Federal Health Sector Institutions of NANNM ...

The Federal High Court in Lagos on Monday turned down a motion on notice seeking to stop Access Bank from taking over a property known as Etiebet’s Place in Ikeja, Lagos. The property located on Mobolaji Bank Anthony Way is owned by a former Minister of Petroleum Resources, Chief Don Etiebet, in the name of his firm, Obodex Nigeria Limited. ...

The Federal Airports Authority of Nigeria (FAAN) has issued a notice to private and state-owned airports in Nigeria to settle their debts or be shut on May 1. General Manager, Corporate Affairs, FAAN, Mrs. Henrietta Yakubu, confirmed the development to Newsmen on Tuesday in Lagos. Reports show that the indebted airports include the Murtala Muhammed Airport 2, Lagos, operated by ...

Bulldozers from the Federal Capital Development Authority(FCDA) on Tuesday morning in Abuja demolished some buildings within the premises of the African Independent Television. Our correspondent gathered that officials of the agency came with policemen and forced their way into the premises before embarking on the demolition exercise. Some sets of buildings at the entrance of the television station located on ...

The Federal Capital Territory Administration (FCTA) has waded into the lingering land dispute between the Nigerian Army and the original FCT inhabitants, appealing to both parties to sheath their swords and give peace a chance to allow the authorities continue in its efforts towards a permanent solution to the problem. While addressing the original inhabitant on Monday, the FCT Permanent ...

A property located at Plot 9, Azikiwe Road, Old GRA, Port Harcourt, Rivers State is to be temporarily forfeited to the Federal Government of Nigeria This is the order of Justice Chuka Obiozor of the Federal High Court sitting in Lagos. Last week Friday, the judge granted the order following a motion exparte filed and argued by the EFCC. The ...

A legal practitioner and notary public, Mr. Godwin Imakhai, who was hired by First Bank plc to perfect a purported tripartite mortgage agreement allegedly entered between the bank and Whiteplains British School Abuja, has distanced himself from the documents. Imakhai who was summoned by the Hon. Uzoma Nkem Abonta led House Committee on Public Petitions told the committee at the ...

The Fiscal Responsibility Commission (FRC) says the ongoing Lagos-Ibadan standard gauge rail project has met the agency’s mandate of ensuring value for money and expected to be completed according to standards. Ibrahim Dauda, Director of the Audit Department, FRC, made the assertion during an inspection conducted by the agency’s team on the project in Lagos. Reports show that the FRC’s ...