Real Estate

The controversy surrounding the true ownership of Agamo land in Iludun-Ekiti has been resolved as an Ekiti State High Court, Ido Ekiti Judicial Division, ruled that the land actually belongs to the community and not individuals or groups. Delivering judgment in suit No. HID/8/2017 filed by Rev. David Adeosun and five others on behalf of themselves and their families against ...

The Balogun Oko-Osi/Olubete royal family of Gan-un, Ogun State, has dragged Governor Ibikunle Amosun of Ogun State to the Ota Division of the State High Court over alleged encroachment into the family landed property situated at Gan-un Village, Ifo Local Government Area of Ogun State. Ogun State Attorney-General and some unknown persons were joined as co-defendants in the suit. The ...

The House of Representatives’ Committee on Urban Development and Regional Planning on Thursday condemned the untidiness and errors in the 2019 budget proposal presented by the Urban and Regional Development Department of the Federal Ministry of Power, Works and Housing. Due to the similarities between the items in the 2018 and 2019 budgets of the department, they described it as ...

The police on Tuesday arraigned two estate agents who dishonestly sold a four-bedroom apartment for N3.5 million in an Ilorin Magistrates’ Court. Ahmed Saka and Zubairu Olasunkanmi are charged with four counts of Criminal Conspiracy, Criminal Breach of Trust, Cheating and Obtaining Property by false pretenses. The Prosecutor, Insp Isaac Yakub, informed the court that the suspects sold the house ...

A 55-year old businesswoman, Grace Akindele has been arrested and arraigned before a Lagos Magistrate Court for allegedly stealing some quantity of iron rods, bags of cement, gravel, blocks and sand, all valued at N3 million belonging to one Shittu Fausat Oladeide and allegedly threatening her life. A Police source revealed that the arrest of the accused was ordered by ...

The Federal Roads Maintenance Agency (FERMA) is to repair 19 road projects under Executive Order 7 in the six geopolitical zones of the country to be undertaken by six leading manufacturing and construction firms. The Managing Director of FERMA, Mr. Nuruddeen Rafindadi, who disclosed this during a visit by the Japan International Cooperation Agency (JICA) said that the projects would ...

Vice President Yemi Osinbajo has disclosed that President Muhammadu Buhari-led Federal Government has succeeded in increasing power generation from 4,000 megawatts to 8,100MW over the past three years. Mr. Osinbajo stated this on Monday while delivering a lecture during the University of Lagos, UNILAG, 50th Convocation Lecture. The vice-president said: “On power, we have moved generation from 4000MW to 8100 ...

Police Command in Rivers State has appealed to residents of Port Harcourt to continue to show understanding and cooperation with the Command’s continuous closure of Port Harcourt-Aba road. The command’s spokesman, Nnamdi Omoni, Deputy Superintendent Police told the reporters in Port Harcourt yesterday that the closure was on account of security. According to reports, the Waterlines Bus-stop to GRA stop ...

The Presidential Enabling Business Environment Council says it has commenced reforms towards making property registration and construction permits easy in all states across the country. PEBEC was set up in 2016 by President Muhammadu Buhari to address constraints to doing business and make the country a progressively easier place to start and grow a business. The council, set up as ...

Chisco Transport Nigeria Limited has dragged the administrators of the estate of Chief Joseph Akanbi Oyelowo, Mr Oladuuni Oyelowo, and Mr. Olatunji Oyelowo before a Lagos High court, Igbosere over the property situated at no 6 Ikorodu road, Jibowu Yaba. The claimant in the suit no LD/5324GCMW/18 asked the court to declare that Lagos State Government is the lawful owner ...