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Tag Archives: Ikoyi

Bad Market – Episode 15

Bad Market - Episode 12

It was a sweet relief when Dr. Sokari informed me that dad would be discharged soon. He had spent almost a month at the military hospital in Ikoyi but it felt like a year. My family was literally falling apart as a result of his long-absence and there was virtually little I could do to salvage the situation. :::::::::::::::::::::::Read Previous ...

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Governments urged to give tax incentives to increase housing supply

increasing housing supply

“Governments at federal and state levels have been urged to give tax incentives, such as a holiday, for cooperative societies investing in real estate to enable them increase housing supply and ultimately drag down house prices for buyers, especially the low income earners.”- Business Day Meckson Innocent Okoro, an estate surveyor and valuer, who made this call recently, also urged ...

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Landed property prices in Lekki is rising fast

Family petitions Amosun over forceful eviction by a land grabber

“For reasons bordering on improved infrastructure and the crimpling impact of economic downturn which has compelled some individuals, families and corporate institutions to downgrade and change locations, Landed property prices in Lekki is the fastest rising among the prime island locations in Lagos.”- Business Day But land prices in Banana Island which is the most expensive neighbourhood in Lagos and ...

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How Lagos Can Be Saved From Flood Disasters

Nigeria Centre for Disease Control (NCDC)

The issue of flooding has worsened considerably in Lagos in recent times to the extent that a man was spotted paddling his canoe on the popular Ahmadu Bello way in Victoria Island only last month. In this article, we look at possible ways Lagos flood disasters can be avoided. Following the flood than overran the Island and Lekki area of ...

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Ex-Surveyor-General blames massive Lagos flooding on sand filling lagoon

Lagos flooding

“Former Surveyor-General of the Federation Prof. Peter Nwilo has blamed the massive Lagos flooding on the construction and sand-filling works around the Lagoon and waterfronts in the state.”- PM News To stop the incessant flooding of Victoria Island, Lekki, Ikoyi and adjoining areas, Nwilo urged the Lagos State Government to stop construction and all sand filling works around Lagoon and ...

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Lagos flood: power outage announced, assessment and the way forward

flood control

According to Premium Times, the management of Eko Electricity Distribution Company, EKEDC, on Sunday announced that there would be power outage in Ikoyi, Victoria Island and its environs as the company’s injection substations and equipment submerged in the Lagos  flood. Godwin Idemudia, General Manager, Corporate Communications, EKEDC, told the News Agency of Nigeria in Lagos that the company was having ...

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Why You Should Experience Ghetto Life at Least for a Day

Ghetto Life

According to wiki, “A ghetto is a part of a city in which members of a minority group live, especially because of social, legal, or economic pressure. The term was originally used in Venice to describe the part of the city to which Jews were restricted and segregated.” The aforementioned definition does little or no justice to what the word ghetto pictures ...

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Special committee says Ikoyi, Banana Island, FESTAC Belong To Lagos Government

Special committee says Ikoyi, Banana Island, FESTAC Belong To Lagos Government

“The Special Committee set up by Governor Akinwunmi Ambode of Lagos to look into Federal Government Assets in the state submitted its report on Tuesday, coming up with a verdict that Ikoyi, Banana Island, FESTAC and other federal government assets in the state actually belonged to the Lagos State Government.”- PM News The committee, headed by elder Statesman and former ...

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Court orders arrest of property developer

Lagos govt agency rejects request to demolish N28m building

According to The Nation, an Igbosere Magistrates’ Court has ordered the police to arrest a property developer, Felix Ezeamama, and bring him to court on a charge of unlawful property demolition. Chief Magistrate O. O. Oshin (Mrs) issued the warrant following Ezeamama’s failure to appear in court over an allegation that he masterminded the damage of twin blocks of flats ...

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Thugs allegedly assault 91-year-old woman over Ikoyi property

Thugs allegedly assault 91-year-old woman over Ikoyi property

“The legal tussle over the ownership of two blocks of flats located at 41 Kingsway Road (now Alfred Rewane Road) Ikoyi, degenerated at the weekend when one of the defendants in the suit attacked residents with thugs and demolished the property.”- The Guardian The attack, which was carried out around 4:00a.m. on Saturday left the 91-year-old grandmother along with her ...

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