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Tag Archives: controversy

CCECC reveals successful applicants of controversial railway scholarship

CCECC

The China Civil Engineering Construction Corporation (CCECC) has concluded the selection of successful applicants for its controversial railway scholarship, sources revealed. The scholarship would involve sponsoring over two score Nigerian undergraduate students in Chinese universities to study railway engineering. It is part of the CCECC’s corporate social responsibility having benefitted from major railway and other construction projects across Nigeria. However, ...

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Commissioner for finance analyses the benefits of Land use charge

Land use charge

Amid the complaints about the new Lagos State Land Use Charge, the Commissioner for Finance, Akinyemi Ashade, says an aggregated tax that has combined three erstwhile separate taxes namely tenement rate, ground rent and neighbourhood improvement levy into one. Ashade, who noted on Tuesday in Lagos that Land Use Charge had been trending for the wrong reasons, recently said that ...

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EFCC drags company to court over Safetowers Estate project

EFCC drags company to court over Safetowers project

The multi-billion naira Safetowers Estate located at Ikate, Lekki, Lagos and promoted by Safetowers Mortgage Bank Limited and Macbosh Properties Limited has run into controversy which attracted the invitation of the EFCC (Economic and financial crimes commission) following contractual disagreements between the developers and an investor. Conceived in 2013 as a 3 blocks high rise building comprising 16 units of ...

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