Despite the poor performance of the real estate industry and the lull in the property market in recent times, stakeholders are optimistic about a positive growth this year. The Statistician-General of the Federation and Chief Executive Officer, National Bureau of Statistics, Dr. Yemi Kale, said although the real estate industry, which contributed 6.79 per cent to real Gross Domestic Product, ...
Read More »Tag Archives: Land allocations
Ogun state generates N4 billion from land allocations
Mr Biyi Ismail, Director-General, Ogun Bureau of Lands, on Wednesday said the bureau had generated over N4 billion revenue between January and August from land allocations. Ismail disclosed this while receiving members of the State House of Assembly during oversight visit in Abeokuta. He said the bureau generated N86 million from survey/planning/building fees, N190 million from rent on government land ...
Read More »Ogun state doctors unable to secure land allocations
“Ten years after some medical doctors were promised landed property in the Sagamu corridor by the Ogun authorities, that dream of home ownership seem to have evaporated, following their inability to secure land allocations.”- The Guardian The aggrieved resident doctors, who were formerly post-graduate medical students at Olabisi Onabanjo University Teaching Hospital, (OOUTH), Sagamu have sent a save our soul ...
Read More »Ambode revokes Fashola’s last-minute land allocations in Lekki
According to recent reports, Akinwunmi Ambode, governor of Lagos state, has revoked the allocation of over 25 plots of land by his predecessor, Babatunde Fashola. This allocation was a last minute decision by the administration of Fashola. TheCable learnt that the expansive land at Lekki Phase One had been allocated to the Lagos State Water Corporation in 1998 by the ...
Read More »