Tag Archives: Federal Government

Over 20 unit owners in Horizon Premier-1 Estate in Lekki, Lagos have dragged the developer, Lekki Gardens Estate Limited, and the Managing Director of the company, Richard Nyong, to a Lagos High Court over the alleged distortion of the estate layout to build shops in the space originally meant for children playground, green area and recreation facilities. In the suit ...

Pension operators have advocated that the Federal Government invest the over N8.33trillion pension assets into viable infrastructure projects. The pension operators have also said they want such investments to be well-structured and creditworthy. The President, Pension Fund Operators Association of Nigeria (PenOp) Mrs. Aderonke Adedeji, said at a retreat for legislators in Calabar, that for the first time Nigeria can ...

The federal government has joined forces with stakeholders in the construction, research, standardisation and building materials sector to harmonise the quality of building materials in order to avert incidences of building collapse. The minister of power, works & housing, Babatunde Raji Fashola, stated this in Abuja yesterday at the 6th national housing summit, organised by Nigerian Institution of Estate Surveyors ...

The Federal Government on Thursday flagged off N1.7billion erosion control work on Nduetong Oku-Ikpa road, cutting across Uruan and Uyo Local Government Areas of Akwa Ibom. Senator Ita Enang, Senior Special Assistant to President Muhammadu Buhari on National Assembly Matters (Senate), did the flagging off ceremony. He said that the project would alleviate the suffering of the people and boost ...

Property fraud – The Federal Government has uncovered 114 companies neck deep in shady land deals, even as it raked in N1.173 billion in tax revenues from January till date. The Executive Chairman, Federal Inland Revenue Services (FIRS), Tunde Fowler, made the disclosures in Abuja at the African Union high-level panel on illicit financial flows from Africa. According to him, ...

Justice Chuka A. Obiozor of the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, October 3, 2018, ordered the final forfeiture of Ikoyi property worth N204, 200,000 recovered from one Joy Obiageli Oti by the Economic and Financial Crimes Commission, EFCC, to the Federal Government. The judge had on April 25, 2018, ordered the interim forfeiture of the property, ...

The federal government yesterday disclosed that it would launch a gas infrastructure revamp programme in November. The project is said to have the potential of attracting between $20 billion and $30 billion of investments into the petroleum industry and could also help address the infrastructural deficiencies in the industry. Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, disclosed this ...

Minister of Transportation, Rotimi Amaechi has said that the Federal Government has developed trade support infrastructure to boost trade between Nigeria and other countries. This was contained in a statement by Mr. Muhammad Idris, Director, Press and Public Relations, Nigeria Shippers Council on Tuesday in Abuja. Amaechi made this known at the opening of a two-day Sub-Regional Workshop and Joint ...

The Federal Government yesterday unveiled its plans to upgrade and maintain all the Housing Estates across the country. Under this programme, which is tagged: “Intervention of Urban Renewal”, all the housing estates built by the federal government and private individuals would be captured. To kick off the programme, which is supervised by the Federal Housing Authority (FHA), the Minister of ...

The federal government has said it would demolish houses built on waterways that violated the master plan in its housing estates.   Minister of state, power, works & housing II, Surv Suleiman Zarma disclosed this in Abuja yesterday during the inspection tour of Federal Housing Authority (FHA) estate in Lugbe, Abuja, in company of the managing director of FHA, Prof ...