Tag Archives: Ikoyi

THE Federal High Court in Lagos yesterday ordered the temporary forfeiture of two penthouses valued at $4.760 million, which allegedly belong to former Petroleum Resources Minister Mrs. Diezani Alison-Madueke. The properties are: Penthouse 21, Building 5, Block C, 11th floor (Bella Vista Estate) Banana Island, Ikoyi, and Penthouse 22, Block B (Admiralty Estate) also in Ikoyi, Lagos. Justice Mojisola Olatoregun ...

Mr. Shina was held spell bound by the new challenges that confronted him in the residential rental property that was placed under his auspices. He tried hard to manage the situation but there was little he could do to stop the ensuing fracas. ::::::::::::::::::Read Previous Episodes here::::::::::::: Asides the two ladies that were at loggerheads over the rights to tenancy ...

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 ...

“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 ...

“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 ...

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 ...

“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 ...

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 ...

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 ...

“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 ...