A Dubai-based property developer has commenced $18.5 billion sites and serviced project expected to provide over 140,000 housing units within Centenary City in Abuja. Unveiling the initiative in Abuja, a co-investor/ developer, Alhassan Dantata, explained that government has leased the project, while funding is coming from foreign investors. He stressed that Centenary City was delayed because of controversies, adding that ...
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NIESV urges Federal government to invest in real estate
The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has called on government at all levels to invest more in the provision of real estate and infrastructure to boost the nation’s economy. The National President of the Institution, Dr Bolarinde Patunola-Ajayi, said this on Tuesday at a news conference to showcase activities for the 48th annual conference and Annual General ...
Read More »EFCC acting chairman, Ibrahim Magu tasks estate valuers on corruption
“The Acting Chairman, Economic and Financial Crimes Commission, EFCC, Ibrahim Magu has called on Estate Surveyors and Valuers to see their professional calling as strategic in nation building and avoid corruption that could tarnish their reputation.”- World Stage He gave the charge on Thursday, October 12, 2017 during the first joint Mandatory Continuing Professional Development (MCPD), for Nigerian Institute of ...
Read More »Where would you love to spend your honeymoon?
After the wedding comes the honeymoon, right? Many of us look forward to this because it is a one time experience, sort of. This is why the decision on where to spend your honeymoon becomes one of the most important wedding decisions. Below are some responses of single and married people: Ayokunle Onipede, who is a married man told us ...
Read More »EFCC inspects N7bn Dubai properties belonging to Diezani Alison-Madueke
According to Punch, operatives of the Economic and Financial Crimes Commission have visited two mansions in Dubai allegedly belonging to a former Minister of Petroleum Resources, Diezani Alison-Madueke. The properties, located at E146 Emirates Hill and J5 Emirates Hill, are said to be worth 74,000,000 dirham (N7.1bn). Emirates Hill, which has been described as the Beverly Hills of the United ...
Read More »Nigeria’s real estate to learn from Dubai’s real estate sector global appeal
The quest for diversification of the economy and attract foreign investment in Nigeria’s real estate is set for a boost with promoters of The Oceanna unveiling investment options for part-ownership, similar to what earned the Dubai real estate sector global appeal – The Nation The Group Managing Director, Palton Morgan Holdings, Adeyinka Adesope, said the hotel segment of the iconic project ...
Read More »Seven former Governors to lose assets in Dubai
“The coast is clear for the Federal Government to seize assets of 22 politically exposed people and businessmen in Dubai, following the signing of a pact with the United Arab Emirates (UAE) on Thursday.”- Daily Post All the 22 former political leaders and businessmen, are currently being investigated by the Economic and Financial Crimes Commission (EFCC). According to The Nation, ...
Read More »Buratai speaks on Dubai luxury property ownership
According to Premium Times, Nigeria’s Chief of Army Staff, Tukur Buratai, has denied personal ownership of Dubai luxury property, saying his family made investment in the Middle East city long before his appointment. Mr. Buratai, a lieutenant-general, made the statement on Thursday in a BBC HARDtalk interview with Stephen Sackur. It was a rehash of his claim last year following evidence linking him ...
Read More »Eko Atlantic City Recording Salient Milestones
Like a foetus in the womb, residents of Lagos and regular visitors to the former bar beach along Ahmadu Bello Way, Victoria Island, have continued to witness in awe, the gradual transformation of what used to be a splendour beach front to arguably, the single most ambitious and comprehensive development plan to come on stream in the West African sub-region ...
Read More »Lawyer Speaks In Defense of Buratai Over Dubai Properties
Sometimes in June, there were reports that circulated online accusing Chief of Army Staff (COAS), General Tukur Buratai, and his two wives of jointly owning a second choice property in Dubai. Albeit, is there more to the reports than meets the eye? A legal practitioner and human rights activist, Ugochukwu Osuagwu, has said the accusations of impropriety leveled against the ...
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