Part 3: update:$27Million Saga: Senate Never Approved OBJ,GEJ To Purchase And Disburse Nigerian Real Property Qualities In U.S.--Reports

 Part 1, Part 2

Learn more on the $27Million missing Real Estate properties in United States beneath:   New York[RR] ABUJA--Update: Missing $27M: Adefuye, Ashiru, Ogwu And Cronies Sweating Over Looted $27Million Real-Estate Funds, As Senate Investigates, Republic Reporters has learnt. In accordance with Vanguard, investigation to the alleged misappropriation of $27 million realized from the sale of prime properties belonging to the Nigerian Embassy in Washington DC and Maryland in the United States of America (USA), is Onn.  It said: "The probe is being handled by Senate Committee on Foreign Affairs chaired by James Manager (PDP Delta South). The funds were said to be proceeds that accrued from the properties sold between 2004 and 2007.

"Almost immediately, the embassy also allegedly began another sale of a fifth property located in San Francisco, California also in the USA. The embezzlement allegation was found in a three-page petition to Senate President, David Mark, and dated January 21 by an anti-corruption body located in Nigeria – Transform Nigeria Movement. Embattled Nigerian Ambassador to the United States Ade Adefuye, said hours ago: "I have no turn in the missing $23.5Million, I met only $10Million in in account", he said. He said alleged missing $27Million accrued from Real Estate property sales in the United States between 2004 and 2007, is false, "I met $23.5Million..",

when i resumed office, President Jonathan authorized us to utilize the $10Million left for necessary restructuring at the Embassy, in the U.S, without explaining what restructuring took place at Nigerian Embassy in the United States..", he told reporters.

Meanwhile, Nigerian Permanent Ambassador to the United Nations (UN) Professor Joy Ogwu, has disassociated herself from the looted Real Estate funds, that went missing between 2007 to 2012, when it absolutely was revealed the funds placed into special account at Manufacturing And Trading Bank (M & T Bank) in Washington,DC was drawn down with less than 400,000.00 dollars left in the account when it absolutely was closed down by United States banking industry as a result of "money laundering", by Nigerian diplomatic officials at the Nigerian Embassy in Washington, DC, United States.  Ms. Ogwu told reporters, She: "Had to clarify the situation to douse what she called “malicious misinformation” making the rounds in the media.She spoke against the background of  her invitation by the Senate Committee on Foreign Affairs investigating the alleged embezzlement of 23.5 million dollars from the Nigerian embassy in Washington D.C. The funds were considered arises from the sale of three Federal Government houses in Washington D.C. between 2004-2007.

She however, acknowledged that the Senate Committee on Foreign Affairs invited her in link with a petition concerning misappropriation and embezzlement of funds by the Nigerian ambassador to the U.S. and others. Based on the former envoy, she appeared prior to the senate on June 27 and categorically emphasised that she neither received any request nor granted authorisation to any ambassador concerning the sale of Nigerian properties in Washington D.C.“Indeed, projects of such enormity are traditionally for the consideration of the Federal Executive Council.“It's very instructive to note that I was not invited to the Senate within my present capacity as Nigeria's Permanent Representative to the UN, because I'm not under trial.

“I was invited within my capacity as former Minister of Foreign Affairs of Nigeria and the  property and the attendant proceeds come in Washington D.C and I've absolutely nothing regarding it.”She observed that she have been erroneously portrayed as having appeared prior to the Senate in her capacity as Nigeria's Permanent Representative at the UN.Ms. Ogwu fumed that: “Some reports have even labelled me as a former Nigeria ambassador to the U.S., who succeeded Prof.

George Obiozor.“That's wrong because I haven't been Nigerian Ambassador to the U.S,” she stressed. "In a letter dated June 10, I was invited by the Senate Committee on Foreign Affairs on a petition concerning misappropriation and embezzlement of funds by the Nigerian ambassador to the U.S. and others. "Paragraph two of the letter states that I'm invited to the meeting within my capacity as former foreign affairs minister 2006-2007. "In my testimony prior to the senate committee on June 27, it absolutely was categorically emphasised that I neither received any request nor granted authorisation to any ambassador concerning the sale of Nigerian properties in Washington D.C.

"Indeed, projects of such enormity are traditionally for the consideration of the Federal Executive Council." "It is very instructive to see that I wasn't invited to the Senate in my own present capacity as Nigeria's Permanent Representative to the UN, because I'm not under trial. "I was invited in my own capacity as former Minister of Foreign Affairs of Nigeria and the  property and the attendant proceeds are in Washington D.C and I have absolutely nothing regarding it." The former minister noted that the clarification became pertinent following what she called "malicious misinformation" making the rounds in the media. She observed that she have been erroneously portrayed as having appeared prior to the Senate in her capacity as Nigeria's Permanent Representative at the UN. 

"Some reports have even labelled me as a former Nigeria ambassador to the U.S., who succeeded Prof. George Obiozor. "That's wrong because I haven't been Nigerian Ambassador to the U.S," she stressed. -  In another front, the Minister of Foreign Affairs, Amb. Olugbenga Ashiru, curiously stated that $27 Million or $23.5million wasn't missing at the Nigerian Embassy in the United States, without giving details. Ashiru, who had been visibly sweating in Abuja heat told reporters in FCT-Abuja. said the sale of Federal "Government property in Washington DC was duly authorised by ex-President Olusegun Obasanjo, but may not explain how the funds were interested in significantly less than $400,000.00 as M & T Bank closes the Special accounts on allegations of fraud and multiple money laundries. In the statement he explained: “The eye of the Ministry of Foreign Affairs has been interested in the above-mentioned allegation as carried in most national newspapers of Friday, June 28, 2013.

 “The newspapers reported a public hearing conducted by the Senate Committee on Foreign Relations, where Nigeria's former Ambassador to the United States, Prof. George Obiozor, Nigeria's current Ambassador to the same Mission, Prof. Ade Adefuye, and Nigeria's current Permanent Representative to the United Nations in New York, Prof. Joy Ogwu appeared. “The Committee was meeting to investigate allegations of the embezzlement of $27 million, being arises from the sale of Federal Government properties in Washington DC. The Ministry, however, wishes to share with the general public as follows:That monies involved in the sale of Federal Government properties were duly and completely accounted for..

." he said, but by who? Embattled Ambassador Adefuye was reportedly left his Ambassadorial post in Washington,DC, and was "virtually sleeping at EFCC's office FCT-Abuja", anonymous FCT-Abuja eyewitnesses told Republic Reporters. Ashiru added: ""The human body requested the Senate to probe how the said funds disappeared between 2004 and 2007."During the sale of the properties, the Nigerian government, through the embassy in Washington, engaged the services of ECULAW Law firm which handled the sales and lodged the proceeds with respect to the embassy in to a special account with the Washington DC based M & T Bank. The bank was speculated to be holding deposits of huge proceeds from the property sales until George Obiozor who was then Nigeria's Ambassador to the U.S. returned to Nigeria after completing his service in Washington.

The funds which allegedly yielded substantial monthly curiosity about the M & T Bank remained in the special accounts throughout the tenure of Obiozor's successor, Oluwole Rotimi. Daily Independent newspaper reported that the petitioners said: the funds “mysteriously disappeared” once the incumbent envoy, Adebowale Adefuye, took over from Rotimi, who was fired by late Yar'Adua for insubordination to then Foreign Affairs Minister Ojo Maduekwe, whom he called "Biafran Ragtag, he defeated during Biafran-Nigerian hostilities between 1967 to 1970.

 The disappearance of the funds, based on the petition, became evident when M & T Bank was forced to turn off the accounts of the embassy and subsequently terminated all banking relations with the embassy in early 2012. According to the petition, all the three accounts owned by the Nigerian Embassy in the custody of M & T Bank, like the $27 million proceeds from property sales were allegedly drawn right down to barely $400,000 at the time the accounts were closed. Since March 2012, there has not been any explanation of the whereabouts of the money that was alleged to stay the lender at the time Adefuye assumed office as Nigeria's envoy.

In 2009, about $3 million realised from a similar transaction was directly used on the purchase of a house in Russia. The National Assembly reportedly held a public hearing about the misapplied funds. "The petitioners are worried that the Federal Government hasn't done anything to trace the funds before anti-corruption body allegedly petitioned the Senate. Even Adefuye who is thought to will be in Abuja for quite a long time before time for Washington recently, was allegedly not quizzed by government or the Foreign Affairs Ministry.

The group, therefore, urged the Senate to investigate the case with a view to recovering the missing funds. Senate also at plenary on Thursday approved the nomination of Emmanuel Adegboyega Aremo as new Secretary of the Economic and Financial Crimes Commission (EFCC). Meanwhile, key witness to the sales of the Real Estate property Ephraim Emeka Ugwuonye a US-based lawyer during whose tenure since the Emassy's attorney the said $27 million was realized from property sales, is scheduled to testify prior to the Nigerian Senate Committee investigating the looted funds tomorrow, Monday, July 1, 2013, prior to the Senate Foreign Affairs Committee tomorrow in an in depth door exercise.  Ugwuonye said: "

“I look forward to it, really. But everbody knows, it is quite a serious business. I wish to also add that I would be busy staying alive and unharmed till that moment,” Ugwuonye, who is currently in fee dispute with the Embassy, said today on his Facebook wall. He also alleged that he was trailed by possibly attackers. "“Well, I don't want to panic anybody, but yesterday evening, my car was followed. It had been too obvious my car had been followed. I won't discuss the important points without exposing how and why there was no incident in the end. But when I get the ability to right a memoir, I will disclose the drama of yesterday's evening. Because of this incident, I'd either not step out today or I'd follow a different route if I do.” More update later...

Part 2: update:$27Million Saga: Senate Never Approved OBJ,GEJ To Purchase And Disburse Nigerian Real Property Qualities In U.S.--Reports

 Part 1, Part 3

"he explained, but by who? Embattled Ambassador Adefuye was reportedly left his Ambassadorial post in Washington,DC, and was "virtually sleeping at EFCC's office FCT-Abuja", anonymous FCT-Abuja eyewitnesses told Republic Reporters. Ashiru added: ""The body requested the Senate to probe how the said funds disappeared between 2004 and 2007."Through the sale of the properties, the Nigerian government, through the embassy in Washington, engaged the services of ECULAW Law firm which handled the sales and lodged the proceeds on behalf of the embassy right into a special account with the Washington DC based M & T Bank. The lender was speculated to be holding deposits of huge arises from the property sales until George Obiozor who was then Nigeria's Ambassador to the U.S. returned to Nigeria after completing his service in Washington.

The funds which allegedly yielded substantial monthly curiosity about the M & T Bank remained in the special accounts through the entire tenure of Obiozor's successor, Oluwole Rotimi. Daily Independent newspaper reported that the petitioners said: the funds “mysteriously disappeared” when the incumbent envoy, Adebowale Adefuye, took over from Rotimi, who was fired by late Yar'Adua for insubordination to then Foreign Affairs Minister Ojo Maduekwe, whom he called "Biafran Ragtag, he defeated during Biafran-Nigerian hostilities between 1967 to 1970.

The disappearance of the funds, according to the petition, became evident when M & T Bank was forced to power down the accounts of the embassy and subsequently terminated all banking relations with the embassy in early 2012. According to the petition, all of the three accounts belonging to the Nigerian Embassy in the custody of M & T Bank, such as the $27 million arises from property sales were allegedly drawn down to barely $400,000 during the time the accounts were closed. Since March 2012, there's not been any explanation of the whereabouts of the amount of money which was alleged to be in the bank during the time Adefuye assumed office as Nigeria's envoy. In 2009, about $3 million realized from the same transaction was directly spent on the purchase of a property in Russia. The National Assembly reportedly held a public hearing regarding the misapplied funds. Reports say:"

The petitioners are involved that the Federal Government hasn't done anything to trace the funds before anti-corruption body allegedly petitioned the Senate. Even Adefuye who's believed to have been in Abuja for quite a long time before time for Washington recently, was allegedly not quizzed by government or the Foreign Affairs Ministry. The group, therefore, urged the Senate to investigate the case with a view to recovering the missing funds. Nebukadineze Adiele reacting to Rotimi Osunsanya remarks beneath: "n addition we must demand the source of the Authority to offer and dispose the property of the Government! By my experience, the President does not have the statutory responsibility to procure, sell and dispose any Government property at will. That's against the law and it's an impeachable criminality..", Mr. Rotimi Osunsanya said. Has this to express:

"Whenever I curse out many people on these forums, its is mainly because I haven't any tolerance for falsehood peddling, especially senseless ones. Whenever such senseless falsehoods are peddle by supposedly educated adult Nigerians, nothing short of cursing them out suffices as the peddlers of falsehood are shameless liars and annoyingly impervious to correction or reason.   "What could be more despicable and inviting of a cursing out compared to the brainless falsity peddled by Rotimi Osunsanya, as excerpted above? He shamelessly claims that the president of Nigeria does not have the authority the dispose of property owned by the government of Nigeria.   "But section 130(2) of the constitution of the Federal Republic of Nigeria, 1999 says this:   

The President shall be the Head of State, the Chief Executive of the Federation and Commander-in-Chief of the Armed Forces of the Federation.   He added: "How could a Chief Executive of the Federation not have authority to direct the selling from property belonging to the government, especially ones on this kind of low level scale? How can a leader run a government if he's so statutorily incapacitated? If the president couldn't direct the selling from government property or the procurement of new ones for the government, then who has that authority, the legislature? No, you idiot, these are functions statutorily assigned to the executive branch of the government headed by the president. 

"I agree with Ojo Maduekwe that the legislature was overreaching with your investigations (the Senate has authorization to investigate any allegation of missing money belonging to the government, however the House's prior investigation, as to who authorized the sell of the property, was extra constitutional).   "Rotimi Osunsanya, if I recall correctly, was the fellow who lost his ward and deposit as a PDP candidate for a seat at the House of Representatives from Lagos state. Fellow Nigerians, just imagine this for a second. A person who not even know the functions constitutionally assigned to the president of Nigeria was almost certainly one of your law makers. Can there be any longer wondering as to the reasons Nigeria is a big for nothing country?..", he fumed.

Part 1: update:$27Million Saga: Senate Never Approved OBJ,GEJ To Purchase And Disburse Nigerian Real Property Qualities In U.S.--Reports

Part 2, Part 3

New York[RR] New York--Update:$27Million Tale: Senate Never Licensed OBJ,GEJ To Sale And Disburse Nigerian Real Property Houses In U.S.--Reports. Following constant analysis by Nigerian Senate Committee on International Affairs on $27Million accruing from Real Property Houses revenue in the United Claims, sitting at the Federal Capital Place (FCT) Abuja, indicate clinically distinct that Nigerian National Assembly/and the Nigerian Senate never whenever approved the former Leader Obasanjo (1999 to 2007) to get the sale of the Real Property properties, neither achieved it authorize recent administration led by Leader Goodluck Jonathan to issue presidential authorization to Nigerian Ambassador Ade Adefuye, Nigerian International Affairs Minister, Olugbenga Ashiru to disburse now lacking $27Million gathered from illegal revenue of Nigerian Real Property Houses in the United States.

Republic Reporters investigations revealed. Signs display that the $27Million which, has curiously disappeared from the unique banking account at Manufacturing And Trading Bank (M&T Bank) in Washington,DC, and attracted down seriously to less than $400,000 was misappropriated, clearly makes Senate investigations really necessary. Curiously experts and international political analysts are questioning employing techniques of Nigerian Embassy legal Counsel whether it following principle of law. Rotimi Osunsan in Massanutten Hills Resort,Virginia, wondered: "I when requested but never got an answer: were the employing of the Embassy lawyers, including Emeka Ugwuonye and the young Aluko in submission with the established fair, competitive, process?

 Was the Embassy clear with the employing techniques of the lawyers and any one of their team for instance?\ Enormous recurring allegations of financial improprieties at the Nigerian Embassy in Washington,DC, and corruption by Nigerian diplomatic officials all over the world is heart-breaking. The embattled Nigerian Ambassador to the United Claims Ade Adefuye feeling the warmth from Senate Committee on International Affairs, said: "I have no submit the lacking $27Million accruing from revenue of Nigerian Real Property properties in the United States. He said: "The claim that I used $23.5Million was high since what I met in the bill of the embassy when I resumed whilst the Ambassador of Nigeria to the United Claims was only $10Million...", he said. Adding that:"Operations at the embassy in Washington,DC was poorly financed since it was getting only $200,000 of their monthly entitlement of their $600,000... to meet up financial obligations, I obtained presidential authorizations to make up for the shortfall from the $10million in their account..",

he informed reporters in Washington,DC, Republic Reporters communication in Washington,DC confirmed. Curiously, Minister of International Affairs, Olugbenga Ashiru, stated that $27 Million or $23.5million was not lacking at the Nigerian Embassy in the United Claims, without providing details. Ashiru, who was simply clearly sweating in Abuja heat informed reporters in FCT-Abuja. said the sale of Federal "Government house in Washington DC was properly authorised by ex-President Olusegun Obasanjo, but could not explain how the funds were attracted to less than $400,000.00 as M & T Bank closes the Particular records on allegations of fraud and multiple income laundries. In the record he said: “The eye of the Ministry of International Affairs has been attracted to the above-mentioned allegation as moved in many national magazines of Friday, August 28, 2013.

“The magazines reported a public hearing done by the Senate Committee on International Relations, at which Nigeria's former Ambassador to the United Claims, Prof. George Obiozor, Nigeria's recent Ambassador to the same Goal, Prof. Ade Adefuye, and Nigeria's recent Permanent Representative to the United Countries in New York, Prof. Delight Ogwu appeared. “The Committee was meeting to examine allegations of the embezzlement of $27 million, being proceeds from the sale of Federal Government properties in Washington DC. The Ministry, however, wishes to share with most people the following:That all charges active in the sale of Federal Government properties were properly and completely accounted for..."

Nigeria: N5 Billion Pension Fraud - Ex-Director Protects N500m Bail

Having spent thirty nine days at Kuje Maximum prison, a Federal High Court in Abuja, yesterday, granted bail to the former Director of Pension Accounts in the Office of the Head of Civil Service of the Federation, OHCSF, Dr Sani Teidi Shaibu, to the tune of N500 million.

Justice Adeniyi Ademola further directed the ex-pension boss who was simply said to own connived with a former manager with the defunct Oceanic Bank Plc, Mr Udusegbe Omoefe Eric, and diverted about N5 billion designed for pensioners across the federation, to make two sureties in like sum..

Likewise, the court also released his alleged accomplice, Eric, on a single bail terms, stressing that the sureties should be owners of landed property with the jurisdiction of the court. Besides, the sureties are to deposit the title deeds of the property with the Deputy Chief Registrar of the court.

Based on the judge, "The accused persons should equally deposit their travelling documents with the court registrar and mustn't travel without the permission of the court. If the travelling passports already are with the court, they must be used in the registrar with this court."

Before adjourning hearing on the substantive case against them till October 23, Justice Adeniyi directed that in the case the accused persons fail to meet up the conditions upon which these were granted bail yesterday, they must be returned to Kuje prison.

It is going to be recalled that the court had earlier suspended ruling on the bail application indefinitely sequel to a petition the ex-pension boss wrote from the presiding judge.  Teidi, who was simply said to own acted without the consent of his lawyer, wrote the Chief Judge of the High Court, Justice Ibrahim Auta, accusing the trial judge of deliberately allowing him to stay in prison custody despite he had filed his application for bail.

It had been the contention of the accused individual that the judge had on several occasions thwarted efforts by his legal team to secure his release.

Consequent upon the petition, Justice Adeniyi adjourned the case in order to answer to react to the petition as he was directed to do by the CJ.

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Part 2 Nigeria: N5 Billion Pension Fraud - Ex-Director Protects N500m Bail

 Part 1
The duo who are answering to a 22-count criminal charge bordering on conspiracy, fraud, breach of public trust and obtaining by false pretense, were on June 7, arraigned before the high court by the Economic and Financial Crimes Commission, EFCC. EFCC had maintained that the accused persons used nine companies and siphoned pension funds.

It gave names of the businesses accused of complicity in the pension scam as Gozinda Enterprises, Bashinta Nigeria Ltd, Haleath Enterprises, Uthatak Nigeria Ltd, Krasiva Nig Ltd, Badawulu Ventures Limited, Ebunu Attah Investment, Muha Millennium Motors Limited, Ribaile Petroleum Ltd.

EFCC had earlier revealed before the court how the accused persons used seven Bureau De Change operators and stole pension funds, adding that throughout the investigation process, one Mohammed Muhamud, owner of Muha Motors, who it said volunteered statements on 16/2/2011 and 31/5/2011, confessed that Dr Shaibu, at various times, used his bank accounts to transfer huge sums of money to another account operated by one Chief Anthony Azewaputa, who EFCC said facilitated the purchase of "Brifina Hotel", for the 1staccused person.

The agency told the court that the offence which it said ran unlike sections 1(1) (a), 7(1) (b) (i), 8(a) of the Advance Fee Fraud and Other Related Offences Act, 2006 and punishable under sections 1(3), 7(2) (b) (i) of the exact same Act, was committed between 2009 and 15 March 2010.

Much more, EFCC, alleged that the remanded pension boss, siphoned money from the pensions department and purchased plot B59 Dawaki Extension Layout in Abuja in one Stanley Obioma Iwu, with the intent to disguise the ownership of the proceeds of the illegal transaction, along with, looted monies and purchased 100 units of Lifetime 32-LCD Television, 100 units of Samsung Refrigerators, 70 units of Samsung 1.5 HP Air-Conditioners, 30 units of Samsung Split unit 1.5 HP Air Conditioners, 15 units of 3HP Package unit Air-Conditioners from Iwu, Chikwado Ezenwoye and Essential Gadgets Ventures

Lagos flags-off certification of house agents

AS section of its decision to wash up the rot in the estate organization area, the Lagos State through its True House Purchase Regulatory Power, a week ago revealed that it had started issuance of validation permits to customers of Lagos State part of House Rent and Commission Agents Association of Nigeria (ERCAAN).

The shift came almost a year following the team began procedures to checkmate the activities of some estate brokers who often gather income from simple customers beneath the guise of having accommodation for them.

  Talking at the unveiling of a taskforce group and one year anniversary of the ERCAAN professionals, the agency's Assistant Common Manager and Mind, Control Tracking and Administration, Mrs. Linda Patunola-Ajayi, disclosed that the organization has already began supplying permits to brokers even while it would soon start enforcement.

Patunola-Ajayi further stated that ministries and agencies in Lagos had recently been given directives never to patronize unregistered brokers putting that the human body would start enforcing the laws with special help from enforcement officers drafted to the agency.

According to her, high property demand in their state has created the field vunerable to punishment by people who take part in a number of un-salutary practices to the detriment of the citizens.

  A source hinted that the enforcement group would move into the area in September.

Earlier in the day, Chairman of ECRAAN Lagos section, Mr. Godwin Alenkne, said the association is a key supporter for regulation of the real estate profession in Lagos State even while the association had received the highest amount of forms.

Alenkne also referred to as on the Lagos state organization to speed up the process of certification to ensure that enforcement can start immediately. 

He explained that the create of the taskforce was to spot fake real estate brokers and enforce standards.

He explained, “For people discipline must begin within and our customers must attain the highest level of discipline before the typical public. The marshals are to coordinate and pronounce our signal of perform as within the structure of the association at all times&rdquo ;.

 According to Alenkhe, ERCAAN customers across their state have initiated subscription in 42 areas in 52 Local Council Growth Region and happen to be obtaining LASRETRAD subscription forms.

The procedure of pinpointing people suitable to be licensed as estate brokers involves creating a repository that may metamorphose in to a special House Representative identification quantity (EAIN) in the State.

The Database Administration may ultimately result in issuance of permits to apply as House Agents in the State through an automation process.

A compendium of principles and regulations has been created to guide the practice of True House in Lagos State, while preliminary information regarding practicing estate brokers, licensees and different applicable companies can be tested on the Office internet website which is start soon. 

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New Nigerian Actual Estate Internet site eCalabash Announces Beta

Per day in front of the convergence of several local and international organizations for the Luxurious Living Africa Property Exhibition in Lagos, eCalabash has introduced the beta discharge of their new Nigerian Actual Property site, nigeria. ecalabash.com, which will be centered on giving a solid international advertising platform for Nigerian Actual Property in the top of advanced category.

With a growing international interest in African and Nigerian Actual Property, eCalabash aims with the new site, to provide Actual Property firms that have a viable portfolio of primary Actual Property, and who are intent on advertising their portfolio globally, with the opportunity and instruments to make this happen goal.

Owned by eCalabash Enterprises, eCalabash is in a sealed spouse beta, just before a full community release in the near future.

ppw_insight_3

The Nigerian property industry has been warming up recently, Germany's Vamido presented their property site in the location earlier in 2010, and therefore have PrivateProperty. com.ng, PropertyIndex. com.ng, NigeriaPropertyCentre.com, OLX.com.ng, and Property24; eCalabash will soon be in strong competition with them.

Nigeria's company of offering and hiring homes on the web is definately not clear at provide sate, and it is in need of structure. With phantom results extremely frequent, Nigerians are over all skeptical about trusting the validity of on the web property results, therefore a considerable problem for any company looking to establish itself in the market.

Nigeria Hotels for Sale: 21 rooms luxury hotel sitting on 4000sqms for sale at Osborne Estate, Ikoyi - Photos

21 rooms luxury hotel sitting on 4000sqms for sale at Osborne Estate, Ikoyi

21 Luxury rooms
Located in a quite environment
Sitting on total size of 4000sqm
Located in Highbrow area of Osborne Phase 1, Ikoyi
Good Title: Lagos State Governor's consent

Contact:
Accryda Associates
7, Oluwaleimu Street
Off Toyin Street
Ikeja, Lagos.
Tel. 234 805 8021 495, 234 809 4025 634

Other Details: Number of Bedrooms: 15+, Number of Bathrooms: 15+

* Price: 6,173,420 USD

Nigeria, China Sign pacts on financial ties

Nigeria's Leader Goodluck Jonathan and Leader Xi Jinping of China Wednesday in Beijing presided over the signing of five agreements to enhance financial, deal, financial, complex and ethnic relations between Nigeria and China.

The agreements of closed after bilateral talks between the 2 leaders and their delegations range from the Structure Contract on Comprehensive Economic Cooperation In Help of Nigeria's Economic Growth and a Preferential Customer Credit Contract for Nigeria's Four Airports Growth Project.

The others were a new Contract on Economic and Technical Cooperation between Nigeria and China, an Contract on Good Credit Exemption for slots of diplomatic and standard passports from equally nations and an Contract for the Reduction of the Theft, Illicit Transfer and Move of Social Property.


OFFICIAL WELCOMING CEREMONY OF PRESIDENT GOODLUCK JONATHAN TO BEIJIN BY PRESIDENT XI JINPING. Photo State House



Talking ahead of the commencement of the talks, Leader Jonathan thanked Leader Jinping and the folks of China for the warm reception accorded him and the First Woman, Dame Persistence Jonathan because their birth in Beijing yesterday.

The Leader confident Leader Jinping that the Federal Government is completely committed to sustaining and establishing the strategic collaboration between Nigeria and China for the shared benefit of the 2 nations and their people.

He explained that in spite of the numerous positive developments in bilateral relations involving the nations in recent years, there clearly was however sufficient scope for increased deal and strong expense from China in Nigeria.
Leader Jinping confident Leader Jonathan that China can keep on to work with Nigeria in every probable areas in furtherance of the progress agenda of equally countries.

Earlier in the day in the day, Leader Jonathan met and asked Senior Executives of a few Chinese conglomerates to begin fresh opportunities in Nigeria or improve existing types, expressing that the Federal Government was committed to performing all within their powers to grow Nigeria's domestic production capacity.

Those the Leader met with included prime professionals of Huawei Systems Confined, China Great Wall Industries, ZTE Business, the State Grid Business of China, the NIC/SINOPEC/CGC Consortium, the China Railway Structure Business and the China Harbour Design Corporation.

At a morning meal ending up in African Ambassadors to China, Leader Jonathan reaffirmed his certainty that African nations needed to enhance their institutions of democratic governance to guarantee political stability and maintained development.

He explained that democratic governance should really be nurtured and inspired till it requires harder origin over the continent, adding that the African Union must continue steadily to stand against unconstitutional changes of government in member-states.

The Leader regretted recent political developments in Egypt and called for a rapid return by the united states to constitutional buy and governance.

Noting that the Forum on China-Africa Cooperation has become a useful framework for wedding between Africa and China, Leader Jonathan said that the African Union might consider the establishment of a representative office in Beijing to aid deeper connections involving the Asian financial giant and African nations.

Leader Jonathan can meet with Premier Li Keqiang and the Chairman of the Ranking Committee of the National Peoples Congress, Mr. Zhang Dejiang tomorrow for further bilateral talks.

He may also handle Chinese investors and their Nigerian alternatives at a business community in the China Earth Industry Centre in continuation of his state stop by at the united states

Nigeria: Farmers/Herdsmen Situations - 3,000 Lives Missing, Still Number Result in Sight

FOURTEEN decades after the nasty kill of Zaki Iyordye Akaahena, a famous paramount leader in Guma Local Government Area of Benue State along side his two sons who were theoretically beheaded by rampaging Fulani herdsmen in 1989, around 3,000 lives have been lost to the unending sour fight.

Actually, the partnership between many Benue farmers and herdsmen has been shrouded in suspicion and deep rooted abhorrence for every single other. Probably, this might take into account the consistent bloodbaths between the 2 in several communities and villages about Agatu, Guma, Gwer West, Makurdi and Gwer local government areas of the state.

There's number gainsaying that the situation has, like before, centered on dispute around grazing avenues and allegations and counter-accusations by the feuding parties that the other had trespassed beyond bounds. That only implies that since the Tiv man places so much premium on his facilities, likewise the herdsman who can kill his fellow man for tampering with his cattle, any effort by the pair to cohabit might generally lead to bloodbath.

That certainly can be responsible for the consistent issues between Tiv farmers and Fulani herdsmen across the Benue pit wherever lots of farming actions take position, but wherever herdsmen have also found ideal for grazing.

Actually, within the last few 14 decades hardly might any month go by without described cases of situations involving the farmers and herdsmen, ultimately causing deaths and destruction of property.

Actually, between last Friday and Saturday, close to 60 persons were killed, while scores were hurt and others still lacking in one of many bloodiest situation between Tiv farmers of Guma and Fulani herdsmen.

The most recent situation has established a massive refugee condition in Guma with well over 7,000 displaced persons, mostly girls and kids, now camped in Gbajimba, the local government headquarters; the fight still raging in the distant villages.

Speaking on the new situation, chairman of Guma local government council, Mr. Joe Us Adii, lamented ergo: "Lives are being lost on a typical foundation in the hinterlands whilst the recurring situation can be taking their cost on the finances of the council. Like I told you, the problem is poor because we already have a significant refugee condition inside our fingers right now considering that around 7,000 persons have been displaced by this situation; we've been able to camp them at Gbajimba.

"Bulk of these displaced persons are girls, kids and seniors; but luckily, as I talk to you, soldiers have moved directly into Gbajimba, the local government headquarters, and happen to be mobilizing to move to the situation parts in order to always check more eliminating ".

Also speaking, former Benue State Mind of Service, Mike Iyordye, who lost his father to the situation 14 years ago and whose house was burned down in last week's situation, pleaded with the authorities to take steps to test the situation " before it snowballs into anything else."

Unfortunately, despite the recurring dislike that remains to greet these unending situations and the resultant massacres, there seems to be number end in sight to the wanton killings and destruction of house between these feuding parties.

Probably government can offer a considered to the panacea set forward by the Paramount Ruler of Nagi Empire, HRH, Daniel Abomste who recently implored the Federal Government to urgently produce grazing avenues around the world for herdsmen in order to base the consistent situations taking place about Benue State.

Kenya Plans Derivatives to REITs to Increase Trading Volumes

Kenya's bourse, East Africa's largest, plans to introduce derivatives and property investment trusts after equity trading volumes declined, based on the financial-markets regulator.

The Capital Markets Authority will probably approve the introduction of futures products, with a focus on interest-rate and foreign-exchange derivatives, and asset-backed securities by December, Paul Muthaura, the regulator's acting chief executive officer, said. Exchange-traded funds might be started next year, he said. The FTSE NSE Kenya 25 index has gained 23 percent this year, with the nation's main stocks assess the third-best performing in Africa after Ghana and Nigeria.

“The newest array of products will deepen the marketplace,” he explained in an interview in Nairobi, the capital, July 8. “Providing new investment opportunities will attract more foreign investors buying a variety of investment options and allow local investors to spread their investment and tap into new sources of raising capital for projects.”

Kenya's Nairobi (NSEASI) Securities Exchange, which trades stocks and bonds, is sub-Saharan Africa's third-biggest bourse and its market capitalization is less when compared to a 20th how big South Africa and about a quarter of Nigeria.

The amount of stocks traded in Nairobi fell to 5.46 billion in 2012 weighed against an archive 7.55 billion in 2010 and 5.72 billion in 2011, data supplied by the exchange show. Almost 46 billion shares were traded on South Africa's FTSE/JSE Africa All Share index this past year, in accordance with data compiled by Bloomberg.

‘High Potential'

The sum total value of bonds traded in Kenya this past year was 1.14 trillion shillings ($13 billion), based on the exchange. That compares with 2.18 trillion rand ($216 billion) in South Africa, in accordance with Bloomberg calculations based on data supplied by the Johannesburg Stock Exchange.

“There is high potential in raising funds from institutional investors, foreign investors and high net worth individuals through the introduction of the new services,” Kenneth Kaniu, chief investment officer at Nairobi-based Stanlib Kenya Ltd., a system of Standard Bank Group Ltd., with 170 billion shillings under management, said by phone.

Three investment funds have put on list REITs, Muthaura said, without identifying the companies. REITs are companies which have property-linked assets and spend most of the income to investors through distributions. The South African REIT Association was started in May after six years of talks to generate regulations for a, which will be set to end up being the world's eighth largest REIT market with 26 companies, in accordance with its website.

Institutional Investors

“The REITs will target institutional investors and high-net-worth individuals with a minimum of 5 million shillings per unit to make certain sufficient funds are raised within the shortest time,” Muthaura said.

Housing Financing Co. Ltd., Kenya's just publicly dealt mortgage lender, claimed last week it wants the us government to exempt REITs from spending duty on capital gains. Housing Financing plans to really have a share in REITs as a supervisor, land manager and property builder as well as trustee, offering as a custodian of resources held by way of a trust. Centum Expense Co., Kenya's biggest publicly dealt expense party, can also number a real-estate project as a REIT, Nairobi-based Company Daily newspaper reported last year.

The trade can present two lessons of REITs. One can concentrate on present commercial properties making hire income and minimum fund measurement of 300 million shillings. Another can goal properties under development with more than 100 million shillings in capital, Muthaura said.
Commodity Instruments

The planned futures and derivatives trade will even contain commodity devices, Muthaura said. Rules for the market is likely to be prepared by the following month, he said.

The introduction of asset-backed securities will help fund energy, water, train and street projects in Kenya, Muthaura claimed, without giving details. Kenya's government has budgeted to pay 442 million shillings on infrastructure in the fiscal year to August 30, 2014.

The regulator claimed July 8 it plans to present exchange-traded funds and is seeking a specialist to produce regulations. Unlike a good fund, the shares which are priced day-to-day after the end of every trading program, an ETF is stated on a change where it's bought and sold throughout the day.

“The brand new expense devices will give you a way to diversify expense portfolios,” Vimal Parmar, the Nairobi-based head of research for Burbidge Capital, claimed by telephone yesterday.
Regional Platform

The authority can also be in talks with Tanzania, Uganda and Rwanda, who are customers of the five-nation East African-american Neighborhood, about giving a system for firms to raise capital in various markets simultaneously, Muthaura said. Burundi, the sixth member, does not have a capital market.

“We are preparing to co-ordinate approval method allowing firms to issue multi-currency debt devices,” with one software already being prepared, Muthaura said.

The FTSE NSE Kenya 25 List received for a sixth day recently, hiking 0.6 percent to 157.91. The measure has advanced 23 percent so far this year.

Access Bank Aum Hits 200 % Development

 Local news:
Access Bank UK Limited, the wholly-owned subsidiary of Access Bank Plc, has declared that its Assets Under Management, AUM, in the private banking and asset management business has increased by over 200 percent to US$18.5 million by the conclusion of 2012. The bank, in a statement, said AUM had continued to grow and now stand at US$66 million. Based on the statement, "the upsurge in AUM has been driven by the ability of Access Bank UK to deepen its client relationships by expanding its product portfolio to its clients beyond its traditional give attention to banking and asset management services. "Buy-to-let property loans, investor visa and discretionary portfolio lending provide new routes for customers to access hard currency outside Africa. "The bank provides private banking services to African/Nigerian Ultra High Net Worth Individuals, UHNWIs, in the UK and sub-Saharan Africa. "Services provided include traditional private banking services, property and discretionary portfolio lending." The statement said the amount of customers had grown because the launch of the Private Bank in 2009.

The Growing Con In Nigerian Real Estate - The Legitimate Dilemmas - Properties

I left Nigeria to London in my very young age where I successfully studied law in among the top London University and continued to do Bar Vocational Course (BVC). Having spent so several years in London I believed it wise to return to my country (Nigeria) to be in down with my children to ensure that my children will know their root very well.

In order to continue my practice, Used to do my law school in Nigeria and started my practice as a Barrister & Solicitor Advocate of Nigeria.

Among other areas of speciality, conveyancing, Property Sales and Development is one of our area of expertise and through this experience I believed it wise to create this article to warn other Nigerians both local and Overseas in what they have to know before buying or selling properties in Nigeria.

Unfortunately, I will not prefer to overwhelm you with a lot of information, however, if you should be of any concern, do call me at appropriate time; I may well be more than pleased to answer your questions.

In doing so, I will require to to generally share some personal and professional experiences with buying, selling, letting or renting properties in Nigeria. Things are very tough now making some individuals to become ‘fake'estate agents being an umbrella to commit fraud.

I need to honestly say there are good and genuine estate agents and surveyors in Nigeria however the bad agents will be the once destroying the estate agents'business in Nigeria. The question is how can we dictate a fake estate agent?

To slice the story short, I will share only few experiences and will not name the concerned agents and the so-called surveyor in this article.

In 2013, a very reputable client instructed us to purchase land for property development. We sighted the first document for the land as well as the plan. The issuing is how to understand the document is real or clone. Appropriate searches were conducted through AMAC, the name on the AMAC record clearly match the seller's name in the document. However, reading the program, everything did not seem directly to us. To ensure that our client will not be at an increased risk with the proposed property purchase, we carried out an additional and third surveyor. It transpired that the land demonstrated to us was not the particular land on the program making the sale illegal and fraudulent.

Obviously, the agent and his surveyor did not realise my profession and level experience in Nigerian real-estate, but seeing me with another foreign buyer, their main motive was to commit fraud. I monitored them very closely until their plan was uncovered through evidence.

There are plenty of stories to share with, however in order to not scare you, it's necessary to hold out a suitable due diligence through reputable law chambers or other trusted estate agents.

It can also be necessary to ask for other identity of owner to be able to eliminate fraud. Through legal cases, there have been many cases where people sold land that belonged to someone else. The vendor believing that he/she had acquired a legal and equitable fascination with Land would start an immediate property development on the land simply to notice at a later stage that the land was fraudulently sold to him/her. Consequently, two innocent people would end up in a very expensive litigation to find out the rightful owner of the land. This really is very awful and something you've got to avoid when possible by taking a suitable due diligence.

Please make sure you instruct your own surveyor and not only the seller's surveyor.

If you're in doubt concerning this please contact me for proper estate agents'referrals or assistance in buying, selling, letting, managing or renting accommodation in Nigeria. Once proper steps are taken to avoid this mess, you will surely be happy to purchase Nigerian Real Estate.

I've received tens of thousands of awful stories from so many individuals and thought it wise to create a write-up warning people to hold out appropriate due diligence before committing their hard earned money. In this way, you is going to be be confident that your investment is safe! Nigerian Real Estate is good if you handle the right individuals or lawyers.

For questions or answers please contact me on:

Conversation with a real estate millionaire In Nigeria

We've experienced several principles on real estate investments and answered several questions and enquiries from ardent readers with this column. But it may be much more instructive to share one of several conversations that I have experienced with a real estate millionaire that has helped me tremendously.

I have found the truth of the word that the ounce of example is worth a pound of precepts. Permit me to extract the essential principles of this particular conversation and to safeguard the privacy with this individual who'd also prefer his name not to be mentioned.

Rule 1: Have an excellent source of income. This specific real estate investor started several years ago just a couple of years after the independence of Nigeria by exporting certain agricultural produce. He poured himself into building this business and was later joined by a few other partners. The business enterprise flourished and provided him with the normal stream of income with which he started investing in real estate.

This real estate millionaire believes in work and entrepreneurship. He believes that most of the youths of today will do better if they figure out how to walk before wanting to fly. He believes that if you're willing to serve others faithfully within their business, you'll do wonderfully well in yours once you eventually start.

The lesson for people in that is that real estate investment requires seed capital and to possess those initial seed capital you must have earning power, you must have a means of income. You can't set up a great structure without a solid foundation. So,for several could be investors, first learn a skill or profession that'll allow you to get a job or begin a business as possible grow and that'll give you regular income.

Rule 2: Start saving and start investing in real estate in your own little way. Our real estate millionaire started by buying land in a location that has been a “jungle''but has become one of many commercial nerve centres of Lagos. He stated so it was not easy buying some of these properties then.He said he made buying real estate one of his true pastimes.

He did not start buying properties in the high brow areas of that time period while he could not afford them. In accordance with him, start what your location is and with that which you have. If all you could are able is a parcel of land in the outskirt of town by all means start there rather than not starting at all.

Rule 3: Its good to create and rent. This real estate millionaire began to create a number of his properties with desire to of letting them. Fortunately for him, as time continued ,he started to obtain understanding of construction and building development. This accelerated his building projects and his ability to communicate with builders and workmen saved him significant costs. He also started initially to allow buildings to tenants to generate income. As at today, his annual rental income is in millions of naira.

The lesson for aspiring real estate investors is to target on income-generating assets. When you have sorted out the issue of where you reside, you ought to continue building for others to rent from you and pay to you. Some real estate investors have an objective to create a specific number of houses using areas over a period of time using current and projected rent as a basis for planning.

This strategy can also be a form of retirement planning since rental income from such properties provide passive cash flow. Like our real estate millionaire, who is now an elderly man, but does not need to work to be able to pay for his cost of living.

Rule 4: In the event that you can't develop some properties by yourself, let them have to reliable developers.This real estate millionaire had some properties he could not afford to produce on his own as a result of multiple projects he was involved in. He gave a number of such properties to carefully selected developers he gave long leases to. Many of such properties have since reverted to his control and are actually giving him fantastic returns. In his thinking, it was better to include value to the land or allow someone else to include value to the land. As long as the properties aren't sold they'd eventually revert back to him or his beneficiaries.

Rule 5: once you do sell, reinvest all or part of the income in real estate. This real estate investor rarely sells his properties but when he does, he sometimes buys another property or uses the income to include value to a different property. He is  comfortable and modest at the same time. He often has the next project or investment in sight before concluding the offer to sell.

He believes in moving his funds to raised and better real estate locations that provides in better rental income. As at today, a conservative estimate of his property assets is over N2billion.He started small,built his estate gradually but strategically and now he is reaping the reward.

Some locations suddenly became prime locations and transformed the value of his investment. His life proves that should you cast your bread on many waters you will find it and more someday or somewhere you least expect

Lagos Property: 4 Bedroom Bungalow with 4 Rooms Domestic Staff Quarters at Shonibare Estate, Maryland

4 bedroom Bungalow with 4 Rooms Domestic Staff Quarters at Shonibare Estate, Maryland

4 Bedroom Bungalow
with 4 Rooms
Domestic Staff Quarters
at Shonibare Estate,
Maryland,
Lagos, Nigeria

Rent: $44,000

APRO GLOBAL REALTY
Email:
info@aproglobalng. com

Tel: 01-7620139
Mobile: 08051595336,08029481639
07063822217

Other Details: Number of Bedrooms: 8, Number of Bathrooms: 6

* Price: 44,000 USD

Lagos Property: Bedroom Detached Duplex at Shonibare Estate

6 bedroom detached house with 3 room Guest Chalet at Shonibare Estate

Features:
6 bedroom all en-suite
Swimming Pool
Lush Green Areas
Located On total size of 2000sqm

Title: Registered Title
Price: 350m

Contact:
Accryda Associates
7, Oluwaleimu Street
Off Toyin Street
Ikeja, Lagos.
Tel. 234 805 8021 495, 234 809 4025 634

Other Details: Number of Bedrooms: 6, Number of Bathrooms: 6

Lagos Property: Properties in Maryland, Real Estate Listings in Maryland Lagos Nigeria Properties

5 bedroom all en-suite
Adequate Parking Space (10 cars)
Lush green grounds
Compound finished with interlocked pave stones

Title: Registered Title
Price: 275m

Contact:
Accryda Associates
7, Oluwaleimu Street
Off Toyin Street
Ikeja, Lagos.
Tel. 234 805 8021 495, 234 809 4025 634

Other Details: Number of Bedrooms: 5, Number of Bathrooms: 5

‘How govt’s policy, funding may further boost housing sector'

AGAINST the background of Nigeria's strategic spot, environment and topography, stakeholders have advised the Federal Government to intensify incentives to property designers to enhance the property sector.

 Talking in Abuja when his business, Brains and Hammers (an indigenous real-estate company), obtained FESADEB Communications'Best True House Progress Organization in 2012 award, the Managing Director, Umar Abdullahi, said that government's responsibility was critical to handling property and real-estate challenges.

  One other person was the Primary Executive Official of Melvorich Nigeria Limited, Melvin Udo, whose business is in to structure and electrical installation.

  Abdullahi identified sufficient infrastructure development, individual fund initiatives, public-private partnership, good property plan implementation and decrease curiosity prices for mortgage as incentives that could support government obtain progress in the push to change the sector.

  He advised government to lessen bottlenecks in mortgage accessibility readily available for house owners. 

  Based on him, “there's a limit as to the individual designers like Brains and Hammers can provide in infrastructure as part of their corporate social responsibility.

  “The challenges to lot of property designers, specially in Abuja, include that the land designated in their mind are often off the road, off option of fundamental amenities. We are in to real-estate development largely for residential houses and we have constructed home that are nearing completion in the Federal Capital Territory.

  “We were nominated and won the FESADEB “Best True House Progress Organization in 2012” award adhering to a review following lots of companies put in for the awards. But three companies were nominated and, luckily, our organization was picked since the best.”

  He added: “Appropriately, our goal is usually to be a benchmark for your residential structure industry. We aim to be the actual property creator that different designers copy, both in terms of our true conclusion items, and administration and organization approach.”

Lagos Property: Two story building, uncompleted - for sale in Lagos, Nigeria

Two story building uncompleted

Price: NGN 25,000,000
Updated on 2013-07-08 11:14
    Posted by: Alexis442
Send a message
08097623155

Lagos Property: A well structured house for sale in ikotun lagos

NGN 55,000,000  negotiable	Bedrooms : 5	Bathrooms : 5
3,celestial road igando  234 View Map	Size (m2) : 400	Year Built : 2001
Code : 07033181041 - properties	Lot (meters) : 120 X 240	Land Size (hectares) : 3.00

Description

the house is very close to the the road, it has twelve shops on a Conner piece, the interior of the building is en suit with all modern design such as tiles,kitchen cabinet,nice roof,etc both the interior and exterior is full of necessary facilities such as electricity,water etc the place is fully developed.the building can be use for residential purpose and commercial purposes such as: bank,company etc..

Latest Real Estate Firm Job Vacancies in Nigeria, 2013

Latest Real Estate Firm Job Vacancies in Nigeria, 2013

A Real Estate Firm, whose primary activity is in real estate development and sales, requires qualified candidates to fill the following vacancies:

Position: Lawyers
Requirements:

    With at least 5years work experience in property/real estate sector is important.

Position: Sales Executive
Requirements:

    With proven and verifiable track record in sales.
    2 to 3 years experience,
    Minimum of OND.

Position: Civil Engineers
Requirements:

    With minimum of B.Sc/HND in Civil Engineering with at least 3-5 years experience in Construction – experience in road construction will be an added advantage.

Position: Accountant
Requirements:

    With minimum of B.Sc/HND (minimum of 2nd class) or ACA/ACCA.

How to Apply:
Interested applicants should send their application not later than 9th July, 2013 to
bestfit28@gmail.com
Source

The financial and economic implication of violence and terrorism in Nigeria - Halima

local News
The economic implications of the growing charge of abuse and terrorism in Nigeria can be assessed from various perspectives. The price of diversion of house and national output are immediately affected while you can find long run indirect charge of confronting and curbing the menace. To not be neglected could be the individual charge, the amount of lives wasted in the process.


The task of preventing violent crimes and terrorism has actually been very expensive. Just in 2010, the us government is paying a whale of total on defence and security. Much sum in comparison to expenditures on different critical industries of the society. The price of tackling terrorism in Nigeria also plunges us greater to the mire of poverty and political destabilization, cankerworms which can be themselves, already consuming up the nation's great money and substance resources. In the bid of proffering a feasible indicates by which they could be terminated.


It is saddening to understand that the recent state of uncertainty in the united kingdom is occurring at the same time when all of the important industries in the united kingdom have become moribund. What is even more saddening is that battle against horror is slowly affecting the transfer and tourism industries which are important international trade earners, duty revenue turbines, organization opportunities for growing entrepreneurs and sources of employment.


Domestically, the fight terrorism has triggered a hold down on the most popular “Okada” organization in claims like Borno and Yobe, ultimately causing the bar of the business enterprise in some parts of the these states. Secondly, interstate vacation for organization and alternative activities has been ridiculously affected. Indigenes of southern claims of the country are becoming more scared to see the north and vice versa.
Internationally, Nigerians are increasingly being treated with good suspicion. It is my opinion that the recent repatriation of some Nigerians by the South African-american and English governments might not be unrelated to activities occurring in Nigeria. To top it all, foreigners are finding it difficult to see Nigeria. A nation once believed to be “Huge of Africa”, and one of the very vivid nations in the world. Associated with maybe not farfetched, no “Oyibo” desires to be kidnapped, neither do they would like to be found 1 day in the center of a crossfire between terrorist gangs and safety agents in the accommodations or while sightseeing.


With the state of the state now, one might not be regarded as fully improper to say that terrorism and violent crimes have provided Nigeria and Nigerians more poor labels in four years than crime has done in the 51 years of nationhood.
While we might continue to count the implications of the terrorism and violent crimes on our culture and our economy, it is also essential for us to begin to plot a new vista for our nation. Correct, failure of the government to behave in techniques increase community assurance on such dilemmas have already been showing, coupled with this, our bodies appears to be giving these destroyers of our culture with an increase of factors to perpetrate their dastardly functions – the higher level of crime in high and reduced places, the upsurge in unemployment among a majority of the nation's childhood, bulk illiteracy-cum-ignorance and the hypocrisy of some conventional, political and religious leaders.

However, it is time for something to be performed, and we must think that it will. It may only take some time. A popular find word “it starts with you”, and I challenge say it starts with us. First, we must be described as a nation of positive thinkers and forward lookers such as the Americans who despite continuous political, organic, economic and security problems have maintained to keep their brains above the water.
We ought to exhibit such reliance and perseverance by praying for the country. Subsequently, spiritual leaders should figure out how to desist from teachings that inspire severe spiritual extremism and fundamentalism.
In addition, the us government should stop talking in loud hues, showing people that some people are responsible for the funding of enemy teams in the united kingdom, however being struggling to fine anyone or firm culpable for such act.


More over, security operatives must look into that, the time and energy to unlearn the act of reducing their strength on the altar of greed and learn the exercise of selfless service to individuals as enriched in the theory of patriotism. They ought to stop bothering simple Nigerians whom they are said to be defending on the highway as the bad eggs continue to wander about cot-free.


Efficient and efficient legitimate equipment must also be set in position to make sure that perpetrators of such severe functions against the sovereignty of our nation are decisively worked with.
Lastly, governments at all levels must guarantee they take part in progress concentrated tasks that will help alleviate the pains of the teeming mass Nigerians. It is just whenever we all work together and the us government performs for individuals with social progress in your mind, that we might be able to obtain peace and the resuscitation of our badly terrorism-damaged economy.
Compiled by
Halima Abubakar Aliyu
Team of Mass Connection
College of Maiduguri.

UPDC Real Estate Investment Trust/Nigeria

Company Profile for UPDC Real Estate Investment Trust/Nigeria (UPDC)

UPDC Real Estate Investment Trust/Nigeria is a Real estate investment trust (REIT) which invests at least 75% of its assets directly in quality real estate (land and/or properties) in strategic locations across Nigeria.

Contact Information

UPDC Real Estate Investment Trust/Nigeria

UAC House, 7th Floor

1-5 Odulami Street

Lagos

Nigeria

Key Executives for UPDC Real Estate Investment Trust/Nigeria (UPDC)

Larry Ephraim EttahChairman	Hakeem Bamidele OgunniranManaging Director
Folasade Oluwatoyin OgundeExecutive Director	Godwin Abimbola SamuelSecretary

Real Estate firm recruiting Independent Marketers in Lagos

Our company, a reputable real estate firm, with offices in both Lagos Island and Mainland, urgently request the positions of Independent Marketers for immediate employment.
Requirements: Attributes of enthusiasm & creativity drive excellent verbal presentation & good interpersonal skills previous marketing experience in real estate & investment firm will be an advantage
Lagos residents only
Renumeration: Successful candidates can make as 1million per month.

Interested candidates should send application to: realestatevacancy@yahoo.com