All contractors working on the construction of federal road projects across the country have been paid, the Federal Government has said. According to the Minister of Power, Works and Housing, Babatunde Fashola, none of the contractors working for the Federal government is being owed and as a result of this, none of them should delay construction and rehabilitation works on ...
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Are Tenants Now Haunting Landlords?
There was a time when the word landlord sent chills down the spines of erring tenants; the days of old when an eviction notice was like a death penalty. Albeit what is obtainable these days is that tenants now believe they have equal footing with their landlords, they can even go on to call their bluffs and possibly commit arson. ...
Read More »Demolition notice issued to properties that breached town planning laws-Edo State
The Edo State Government has served demolition notice to developers in Benin metropolis whose buildings breached the state town planning laws. Speaking to journalists at the weekend in Benin, the Commissioner for Physical Planning and Urban Development, Edorodion Oye Erimona said the notice serves as a final reminder to those whose properties contravened the state’s laws on urban development. “If ...
Read More »Edo State partners with world bank on Expenditure framework-2018 budget
On 2018 budget, the Edo State Government has revealed that it is partnering with the World Bank on its Medium-Term Expenditure Framework (MTEF) and Medium Term Sector Strategy (MTSS), for efficient allocation of resources and engender inclusive growth . Mr. Joseph Eboigbe, Special Adviser to the governor on Budget, disclosed this in a chat with journalists in Benin City, noting ...
Read More »PDP-Obaseki’s budget is full of deceit and duplication
Edo State Peoples Democratic Party (PDP) has said the 2018 Governor Godwin Obaseki’s budget signed into law is full of deceit and duplication. It said the budget would inflict pains on people. PDP said the budget was padded to the tune of N2.5 billion and funds were allocated to projects already completed and inaugurated by ex-Governor Adams Oshiomhole. It said ...
Read More »Edo agency to re-certify estate residents, begin rent recovery
The Edo Development and Property Authority (EDPA) will from ending of this month embark on re-certification and rent recovery exercise of residents in its estates across the state. In a statement, the Executive Chairman, EDPA, Isoken Omo, said the exercise, which is expected to last for eight weeks, will target homeowners and estate residents. The affected estates according to him ...
Read More »The Science and Art of Skilled Negotiations in Real Estate Deals
Feeling comfortable with a real estate transaction is the easiest way to ensure that you have a positive experience, whether it be as buyer or seller. Knowing what is going on and taking an active role in the proceedings of your real estate transaction will give you the peace of mind necessary to erase some of the worries and doubt ...
Read More »Edo state government targets 250,000 hectares for agricultural production
The Guardian reports that the Edo Government is targeting a minimum of 250,000 hectares for agricultural production and land cultivation to boost agricultural production within the next two years. Gov. Godwin Obaseki of Edo disclosed this at the 13th Esan Economic Empowerment Workshop organised by the Association of Esan Professionals at Uromi, Esan North East Local government area of the state ...
Read More »Edo concludes plans to reform its real estate sector, targets new investments
“The Edo State Government has concluded plans to reform its real estate sector with a new roadmap that provides for recertification of estate owners, repossession of abandoned properties and development of new estates across the state.”- This Day The new Executive Chairman of the Edo Development and Property Authority, (EDPA) Isoken Omo, disclosed this at the Government House, Benin City, on ...
Read More »Court orders service of processes on Mrs Obaseki over estate mismanagement
“A Lagos High Court Judge, Justice M.A Savage has ordered that court papers filed in the suit alleging gross mismanagement of the estate of late Philanthropist, Chief Olatunji Ajisomo Alabi by the management of Bank of Industry Investment and Trust Company Ltd, be served on the Managing Director of the company, Mrs Betsy Obaseki through the company’s secretary.”- PM News ...
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