Nigeria: Navy Impounds 2,000 Gallons of Petroleum Products

The Nigerian Navy on Tuesday in Lagos said it impounded over 2,000 gallons of petroleum products from some suspected vandals' hideout at Majidun in Ikorodu, Lagos State.
The products, which were concealed in 50 litres jerry cans, were lifted from the hideout by the Navy.
The News Agency of Nigeria (NAN) reports that men of the Nigerian Army and other security agencies assisted the Navy in the operation.


The Flag Officer Commanding Western Naval Command, Rear Admiral Ilesanmi Alade, told newsmen that the operation, which took his men sleepless nights, was carried out following a tip-off from the public.
He said "as you may be aware the Federal Government has been confronted with the challenges of combating illegal oil bunkering and pipeline vandalism.
"These illegal activities have not only led to significant loss in revenue accruable to the Federal Government, but also cause damage to strategic installations which require colossal amount of money to repair.


"Pipeline vandalism has also led to pollution of the maritime environment and in some cases, fire disasters resulting in loss of lives and property.
"Communities like Majidun, Arepo, Ogolonto and Makoko in Ikorodu Local Government area of Lagos State are renowned for illegal oil bunkering and pipeline vandalism.
"The perpetrators use self-propelled barges and wooden boats to ferry the stolen products to their destinations.
"They are also usually armed to confront anyone that attempts to stop their operation."
Alade said the operation, code-named "AWATSE", which literally means SCATTER, was aimed at dislodging the perpetrators of the illegal act.
"The operation was initiated by the Nigerian Navy and supported by the Nigerian Army and it is still ongoing.


"The operation has yielded success and so far; persons arrested after interrogation and confirmed as culprits, would be handed over to the appropriate prosecuting agency.
"The products will be handed over to the Pipeline and Products Marketing Company (PPMC) for storage, pending termination of the operation," he said.
The Naval chief said that on completion of the operation, the Navy would consider establishing a base in the area.
He appealed to residents of Majidun to be patient and assured them that the operation would soon be over.


"Whatever we are doing here is also in the interest of the residents of Majidun and the economic survival of the nation," he said.
Alade also appealed to the public to provide the Navy with useful information to assist it in apprehending the perpetrators.
He said that the Chief of Naval Staff, Vice Admiral Usman Jibrin, had zero tolerance for maritime crimes in the country.
A resident of the area, Mrs Kafaya told newsmen that she was aware oil bunkering was taken place in the area but did not know it was illegal.
Another resident, Mr Kazeem Ariyo, commended the Navy saying its men had done 'a good job.'

Nigeria: Flood Affects 200 People in Katsina

The Katsina State Emergency Management Agency on Wednesday said 200 people had been affected by flood in the state this year.
The Executive Secretary of the Agency, Alhaji Hassan Rawayau, disclosed this Katsina at the opening of a 3-day workshop on "Strengthening Sub-National Humanitarian Co-ordination".
The workshop was organised by the Agency in collaboration with Coalition of Civil Society for Poverty Eradication (CCSPE), an NGO.

Rawayau said the affected persons were from Bakori and Musawa local government areas, adding that there was no injury or loss of lives during the disaster.
He said the state government had distributed relief materials worth N5 million to the victims.
He said about 4,000 people in 21 local government areas of the state were affected by simialr disaster last year.

The Programme Coordinator of CCSPE, Mr Peter Egwudah, said in his speech that the group had selected 30 stakeholders for the workshop.
He said the event was organised to prepare participants for effective disaster management.
Egwudah urged the participants to improve their coordination during emergency situations to save lives and property. (NAN)

Google explains why it shut down Linda Ikeji’s blog

Over the weekend, Linda Ikeji was accused by a number of people of constantly plagiarizing and lifting articles from websites without giving credit to original sources.  As a result, the blog was shut down yesterday. The action has since sparked lots of controversies as many of her fans took to the various social media pages to lament and blame ‘witches’ and ‘haters’ for the tragedy.

Clearing the air on the misconception, Google’s Manager for Communications and Public Affairs, Anglo-Phone West Africa, Taiwo Kolade-Ogunlade, in a chat with Punch newspaper, explained why the blog was taken down.

Nigeria: Enough of Crocodile Tears for Adekunle

By Adewuyi Adegbite
The demise of Brigadier Benjamin Maja Adekunle, the commander of the 3rd Marine Commando of the Nigerian Army during the civil war between 1967 and 1970, has exposed further the hypocrisy of the Nigerian elite. History is replete with the exploits of Adekunle in the war, but for his truculence, the war would have dragged on for years. However, he was not acknowledged by the government of his days because of his larger than life personality, his brilliance, and fame, which overshadowed those of his peers and superiors in the Army. His unceremonious retirement might have resulted from envy rather than allegations levied against him. Unfortunately for him, he was neither here nor there after the cessation of hostilities, because the Nigerian side, which he laboured to keep one, did not reward him, and the Biafran side, which he helped in taming, detested him.


The refusal of some Igbo members in the House of Representatives to observe a minute silence to honour him was symbolic of hatred for him, even in death. In actual fact, Adekunle belongs to the class of Nigerian heroes and heroines who were denied recognition by the State for their lofty contributions to the development of the nation. Inversely, many Nigerians of shady characters with no clear cut contributions to the development of the nation except being political office holders or close to the corridors of power, either at the state or federal level are honoured with the national awards.

What an irony?


Eulogies and tributes trailing the demise of Adekunle from eminent Nigerians are surprising because he had been bedridden for quite some time, with very few people paying attention to him. But for one of his juniors in the military, Gen. Alabi Isama, who brought his pathetic condition to the open through an interview he had in some national dailies, Adekunle would have died in solitude, and this is the way the hypocrites would be hailing his dead body.


It is pathetic that providence had foisted on Nigeria its second eleven in major positions of responsibilities. The travail of Adekunle in the hands of the military and the government of his day could be understood in the above context.


One takes solace in the words of the ex-Cuban leader, Fidel Castro, in a letter he wrote to Luis Conte Aguero in 1953, "Epitaph is not at the moment a monument to the martyrs who have fallen. We cannot even speak of peace for the dead in this oppressed land, but posterity which is always more generous with the good will build these monuments in their memories, and in due time, future generation will revive the tribute/honour owed those who saved the fatherland's honour in the time of infinite shame".

Sad Business for T.B Joshua as Religious Tourists Shun Synagogue

These are not the best times for T.B Joshua's Synagogue church of all Nations.The Church was was a mecca of sorts from people around the world ,is said to be seriously affected after the collapse of it's lodging quarters which resulted in the death of 115.Usually ,people from all over ,book months ahead for a chance to gain entry and meet the man of God for healing.

According to a report by Punch ,the premises was desolate during the Eid-Kabir holidays a there were no visitors that were milling around the gates for enquiries.

    "The Ejigbo-Ikotun Road, a major access to the religious centre, was also free of the typical gridlock that welcomes visitors to the Synagogue.The parking lots were also unoccupied just as roads leading to the car parks and offices were bare.

    A security guard said the church was not deserted but affected by the “panic people expressed when there is a disaster at a location.”He said those who were faithful to the church still turned up for programmes as usual.But a resident of the area, Kazim Owolabi, said things had never been the same since the September 12 incident.

Owolabi, who is a part-time hotel agent, said,

     “I have not brokered any business in the past three weeks. I think a lot of people have misunderstood what is happening here. Somebody even asked me on the telephone whether it is true that the government has taken over the place. Since many people who come from outside Lagos are not sure of the true situation, they called off their appointments.”

Lagos’ rising cases of abandoned property and challenges before govt

Reports compiled by experts in the housing sector reveal that there are many abandoned properties in
Lagos State; a development experts have said is not healthy for the development of the economy of not only Lagos, but Nigeria as a whole.

A recent report has it that the value of some of the abandoned properties, especially those in Victoria Island, currently stands at above five billion naira, while private individuals, the Federal Government as well as various state governments have been found to be guilty of this development.
Continue..

Is Nigerian fast food industry at its Tipping Point?

Until recently, Sub-Saharan Africa (SSA) has long been ignored by the Western based brands, but now as growth opportunities in other emerging nations become saturated, SSA appears to be the ultimate destination. Particularly, the fast food businesses are gearing up for their next big move on the continent, but whether it will be easy for them, remains the question. SSA consists of 50 countries, in which Nigeria and South Africa are the major economies contributing tremendously toward the GDP of the continent; and the sooner the foreign brands harness the potential in these economies, the larger they can bite into the pie.

The Most Mysterious House U Have Ever Lived In Nigeria!

When I was younger, my mum used to move from one house to another, like almost every year

one time, we moved to some house near a big farm undecided

after some weeks, we realized our new house was built on top a grave yard shocked
towards the end of the street was also an O.O Obum church! shocked
and whenever there is an O.O Obum church, most of the pple living ard the area will be O.O Obum members

BBA winner Dilish bares Chest in traditional Himba Culture wear

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Photos: Supermodel Uche Odikanwa shares new photos.

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Images from Governor Uduaghan's 60th birthday

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Amazing Dance Steps! New Video: Zani - Mercy

Photos: inauguration ceremony of Ekiti new Gov, Ayo Fayose

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Lagos: 5A Beautiful 5 Bedrooms Duplex for Sale, Medina, Gbagada, Lagos - Lagos

Item details

City: Lagos » Kosofe

Offer type: Sell

Price: ₦75,000,000

Bedrooms:5

Full Square, m²:780

 

Lagos: Exquisite 3 Bedroom Flat Marda Barracks for rent

₦2,000,000 p.a.
Marda Barracks, Saint Agnes, Yaba, Lagos
New! Find out the average price in this area
Continue to see Description

Land for sale in Lekki Villa

Lekki Villa: Is located within the Bogìjè/Shàpàtì area of the Ibeju Lekki environs. A land size of 675sqm sells for 1.5M outright payment or 1.8M for a 12 month installmental payment.

The estate also has an ongoing promo in which if you buy one plot, you get 10 Bags of Cement and 3 trips of Sand on Allocation. Buy 5 plots and get One plot FREE! This promo runs till the end of june. Hurry Now!

Content from Nigeria Property Centre

Real Estate Investment in Nigeria pretty easy.

Property in regard to land and buildings is one thing that is worth your investment in the long term due to the fact that landed properties appreciate with time.

Investigations reveal that as at 2011, only 37% of Nigerians were house owners. Providing relevant and timely information to potential investors and to the general public can help increase this figure. Also, there is a need to break down the barriers to investing in the sector by simplifying the process. These steps include
1. Research

If you are interested in the property market, there are great platforms to find information you need, including the mass media, online and around you. Talk to locals. Use the internet for your research as its an avenue for you to get the much needed information at the palm of your hand. You have to understand it before you can get into it. It is important to note that Real Estate information in Nigeria is scarce and thus requires effort on your part, whether you are in the country or abroad.
2. Decide on the property market you wish to invest in.

Based on your research and depending on your goals, pick a sector that will benefit you more. You could chose from office to industrial property, retail centres or residential units. According to a developer in this BusinessDay article, a shopping mall in Nigeria is sold off before it is even complete while residential units take several years to actually sell out.
3. Which real estate market is blooming?

Decide on areas where a highway is constructed which  eases traffic and the working class tends to move in that direction, or areas with newly constructed facilities making it a worthy cause to build high-rises to rent out to them.
4. Decide on where and how you will get finances

It could be from friends and family or financial institutions. You could also finance it yourself. When you approach the bank or institution, make sure you know what you are doing. Your plan has to be viable enough to make them give you the money. As stated here last time, the Nigerian government secured a $300 million loan from the World Bank to establish Nigerian Mortgage Refinance Company (NMRC) at the beginning of 2014. Hopefully its effect in terms of liquidity and bank lending is being felt now. You could benefit.
Remember that property in the better parts of Lagos and similar upscale urban areas is as expensive as in some Western markets.
5. Get the details right

You can never be too careful. Talk to industry experts, a lawyer and make sure you get everything ironed out right from the federal government requirements down to the owner’s issues. It is another known fact that property scammers run amok in our big cities; pretending to sell houses whose owners are away, complete with fake title deeds. Beware. Get the advice of relevant professionals such as surveyors who will check out the property and advise you accordingly.
6. Know your Law

You have the right to own property as a Nigerian. All the same, the 1978 Land Use Act gives state governments authority over land within their borders. They in turn avail it to you after an intricate and bureaucratic process. You will then receive a certificate of occupancy to actually use the land i.e. sell it or develop it. Your right can also be denied if you are living in a place that is not your area of origin, which can be very subjective at the very least and can create ethnic tension.

Mistakes can be made in the real estate market in Nigeria as in anywhere else and that is why one needs to practice patience and wise resolve. Remember, Nigeria is a developing market with great potential in sight.

A Newly Built Lovely 3 Bedroom Flat Content from Nigeria Property Centre

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Property Description

a newly build lovely 3br flat on the art of yaba.

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Content from Nigeria Property Centre
Read more at: http://www.nigeriapropertycentre.com/for-rent/flats-apartments/lagos/agbara-igbesa/35250-a-newly-build-lovely-3br-flat-at-sabo-yaba

15 statutory laws governing land/property transactions in Nigeria.

Many people do not know that there are some statutory laws that have been enacted and established by both the state and federal government to regulate, guide and govern all forms of land and landed properties’ transactions in Nigeria which could make such transaction illegal or even lead to forfeiture whenever the parties to the transaction do not adhere to the provisions of such statutory laws as been laid down or stipulated.

Land and landed properties are static in nature and because they are immovable, hence the Latin maxim “Quicquid plantatur solo solo cedit” (meaning; whatever is affixed on the land belongs to the land).

Land and landed properties’ transactions (ownership, sales, acquisition, lease, mortgage, alienation, assignment/conveyance, sublease) are a contractual relationship between two or more persons for exchange and release of interest they have on land and landed property in consideration for a compensation which is usually of monetary value in nature.

For the protection of all parties involved in any or all of the above mentioned transactions as well as making such transactions legal and tenable in any court of law, the government (state and federal) of the federation has enacted some statutory laws to guide, govern and protect all persons who find themselves embarking on any of these land and landed properties’ transactions in Nigeria.


2There are so many reasons why government enacts statutory laws to govern and guide land and landed property transactions in Nigeria. Some of which are:

• To help generate additional revenue for government
• To add up to the Gross Domestic Product (GDP) of the economy
• To endeavour government carry out one its constitutional statutory function of protecting lives and properties
• To protect land/property investors and owners against fraud
• To have a detailed record of all land and property transactions in the country
• To assist government in planning towards adequate provision of infrastructural facilities in the country
The first part of the statutory laws governing land/property transactions in Nigeria which I will write on are:
1. Land Use Act
2. Land Instruments Registration Laws
3. Registration of Titles Acts
4. Rent Control and Recovery of Premises Acts
5. Tenancy Law of Lagos state
6. Tenement Rate Laws
7. Land Use Charge Law of Lagos state

UK Nigeria Diaspora Bodies Collaborates With Diarep Uk Exhibition

The Nigeria Diaspora Direct Investment Summit (NDDIS) and Central Association of Nigerians Living in the United Kingdom (CANUK) has extended their hands to collaborate with Real Edge Alliance Limited, the major promoters of Diaspora Real Estate Project (DIAREP) to organize an real estate exhibition for Nigerian living in the UK. The exhibition will be holding in London on the 26th and 27th of July 2014 at the Imperial College, London.

Fab Photos of Karen Igho & her UK University Schoolmates

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Photos from Singer Faycol's May 2014 wedding

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Lagos: Newly Built 4 Bedroom Detached Duplex

Newly Built 4 Bedroom Detached Duplex for sale

₦65,000,000 Phase 1 Isheri, GRA, Magodo, Lagos

Content from Nigeria Property Centre

Newly built 4 bedroom detached duplex, a very big master bedroom, a room BQ, all rooms en-suite, kitchen well furnished, 4 parking space, security house and street well tiled.

GDP rebasing exposes opportunities in real estate, infrastructure

The rebased Gross Domestic Product (GDP) figure recently released by the Federal Government has exposed much more opportunities in real estate and infrastructure investment and development than had been previously imagined by investors and analysts.

This rebasing effort by the National Bureau of Statistics (NBS), which shows that the Nigerian economy is now more diversified with a GDP value of $510 billion, reveals that activities in the services sector have overtaken those of agriculture and industry.

The implication of the present development to the real estate sector, analysts say, is increased opportunities as increased activities in the services sector, including wholesale and retail trade, human health and social services, information and communication as well as professional, scientific and technical services, means more investment in housing and infrastructure.

Obi Nwogugu, head, real estate unit, African Capital Alliance, sees increased potential and opportunities in the economy as a result of the rebasing exercise, pointing out that a lot more people will be looking to invest in the Nigerian economy.

He adds that he does not expect an overnight increase in demand and pricing for housing, but believes there will be additional level of interest in the economy from international investors.

“This increased level of interest is going to drive investment in office space; now that Nigeria has overtaken South Africa in terms of the scale of the economy, some of the international retailers who used to go to South Africa because of the size of their economy will come to Nigeria and this is going to affect retailing,” he said.

Anthony Owuye, MD/CEO, Personal Trust Savings and Loans, sees increased money supply in the economy with the rebasing, contending that if inflation is kept under control, it will be another round of boom for real estate.

Owuye also says because of the increased activities in the services sector, there is going to be a significant investment shift towards commercial real estate, explaining that there will be more investment in retail outlets, leisure, office space and hospitality.

He notes, however, that having been priced out of the reach of many, residential real estate is going to see price adjustment, citing example of Banana Island, where he notes there are many empty houses because people are opting for ‘cheaper’ locations like Parkview Estate, Osborne Foreshore, etc.

Chudi Ejekam, director, real estate, Actis, is of the view that the $510 billion GDP figure, which is materially higher than earlier projections, is yet another example of how Nigeria confounds projections, adding that the rebasing inexorably raises Nigeria’s profile in the eyes of the international business community.

According to him, many are guilty of continuing to grossly under-estimate the true nature of the Nigerian economy and opportunity.

“One of the major challenges has been communicating the depth of purchasing power of Nigerian consumers; an indication of higher per capita income boosts the thesis for retail malls investments and would encourage entry of new brands as well as investors,” he adds.

Yemi Kale, statistician-general of the federation/CEO, NBS, says rebasing the GDP shows a noticeable shift in the share of key industries to the country’s overall GDP, explaining that the rebased 2010 series reveals a decline in the share of agriculture to 24 percent from 30.3 percent in 1990. Industry has also declined to 25.8 percent, down from 46.1 percent, while the share of services has increased to 50.2 percent, up from 23.6 percent within the same period.

Chuka Uroko

Best Steps to Invest in the Real Estate Industry in Nigeria

    1. Best Steps to Invest in the Real Estate industry in Nigeria They say if one thing is pricey however worthwhile, you may notice the way to induce it. And property in relevancy land and buildings is one issue that's price your investment within the long run. That said; contemplate these eight steps as you act swing your hard-earned cash within the property market. 1. Research If you're fascinated by the property market, there square measure nice platforms to seek out data you wish, together with the mass media, on-line and around you. consult with locals. Visit Google and relevant Nigerian property sites. produce Google alerts for search terms. This way, you may continually be within the loop. you have got to grasp it before you'll get into it. it's vital to notice that property data in Nigeria is scarce and so needs effort on your half, whether or not you're within the country or abroad.