Business
Lagos-Calabar Highway: American Investors Decry Destruction Of N375bn Investment
In a dispute over the destruction of their N375 billion real estate investment, a group of American investors has urged President Bola Ahmed Tinubu to step in. The investors, acting through the Association of Nigerians in Diaspora, assert that despite possessing the required certifications and approvals, the $250 million houses in Okun Ajah, Lagos State, were ordered to be demolished by the Minister of Works, Engr. David Nweze Umahi. Engr. Stella Ifeoma Okengwu, Managing Director of Winhomes Global Services Limited, claimed during a global press conference that Umahi’s actions show a pattern of unlawful demolition, power abuse, bribery, corruption, andRead More
EFCC Takes Anti-graft War To Housing Sector, Vows To Check Fraudulent Activities
Says REDAN membership certificate now compulsory for real estate operators The Economic and Financial Crimes Commission (EFCC) has made compulsory membership of the Real Estate Developers Association (REDAN) for allRead More
BUA Group, French Company Strengthen Deal On 200,000bpd Refinery Project
The BUA Group and Axens, a France-based petroleum technology company, yesterday reviewed and signed statements of acknowledgement of the level of progress achieved on the former’s proposed multi-billion-dollar integrated 200,000Read More
