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IBEJU-LEKKI: THE SOUGHT-AFTER NEWEST OIL MONEY by Dennis Isong

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IBEJU-LEKKI: THE SOUGHT-AFTER NEWEST OIL MONEY by Dennis Isong

IBEJU-LEKKI: THE SOUGHT-AFTER NEWEST OIL MONEY by Dennis Isong

 

 

On the 24th of January, 2023, it was an honor for the Lagos State Government to receive the President of the Federal Republic of Nigeria, President Muhammadu Buhari to commission the:

 

  1. Dangote Oil Refinery
  2. Lekki Deep Seaport
  3. Imota Rice
  4. 4th Mainland flag off

 

 

IBEJU-LEKKI: THE SOUGHT-AFTER NEWEST OIL MONEY by Dennis Isong

 

All of these places are in Ibeju-Lekki axis.

 

In the Lekki Free Zone Lagos, Nigeria, the Dangote Oil Refinery is a 650,000 barrels per day (BPD) integrated refinery project. It is anticipated to be both the largest single-train facility in the world and the largest oil refinery in Africa.

 

With 1,100 kilometers of pipeline infrastructure and the capacity to handle 3 billion standard cubic feet of gas per day, the Dangote Petroleum Refinery has the largest pipeline infrastructure in the whole globe. The Refinery alone has a 435MW Power Plant that can supply all of Ibadan DisCo’s energy needs.

 

 

The Refinery will have a surplus of each of these goods for export in addition to meeting the whole Nigerian demand for all refined products. A $21 billion market for Nigerian crude will be created by the multi-billion dollar Dangote Petroleum Refinery. With the ability to process various crudes, it is intended to process Nigerian crude.

 

 

THE LEKKI DEEP SEAPORT

 

The federal government, acting through the Nigerian Ports Authority (NPA), the Lagos State Government, the Tolarams Group (owners of the Lagos Free Zone), and China Harbour Engineering Company are partners in the $1.5 billion LEKKI DEEP SEAPORT project.

 

Executive Secretary, Nigerian Shippers Council (NSC), Emmanuel Jime said,

“Lekki deep seaport represents a dynamic change as far as the maritime domain is concerned. This is a fully automated port. The implication of that is that for once we are going to have a port that will ensure not only that things are conducted diligently but also seamlessly.”

 

 

THE LAGOS STATE IMOTA RICE MILL manufacturing facility in Ikorodu was inaugurated by President Muhammadu Buhari on Monday, increasing Nigeria’s capacity to produce rice.

 

The mill is anticipated to increase the nation’s ability to produce domestic parboiled rice. The mill aspires to dominate the market as a producer of luxury brands.

 

“The Imota Rice Mill is an effort by Lagos State to support the country’s rice revolution,” Babajide Sanwo-Olu, governor of Lagos State said at the commissioning. “It will create jobs and help drive sustainable growth and we are glad to be part of the country’s agricultural revolution.”

 

 

The Lagos State Government announced on Friday that the FOURTH MAINLAND BRIDGE project’s scheduled development will be finished in 2027.

 

Once finished, the bridge will be the second-longest in Africa and feature three toll plazas, nine interchanges, a 4.5-kilometer Lagoon Bridge, and an environmentally favorable setting.

 

It is anticipated to be around 37 kilometers long and will begin at Abraham Adesanya in Ajah on the Eti-Osa-Lekki-Epe corridor, travel via Ikorodu, Nigeria’s Owutu/Isawo, and end at the Lagoon Expressway beachfront. In 2027, the project will be finished.

 

 

 

Ibeju Lekki is a rapidly developing area in Lagos, Nigeria that has seen significant growth in recent years.

 

 

 

The area is known for its beautiful beaches, natural resources, and proximity to major business and industrial centers.

 

Buying a property in Ibeju Lekki can be a great investment decision for several reasons, most especially, now that there are 4 massive projects commissioned to run concurrently.

 

What does that imply? Buying property in this area is the potential for significant appreciation in value.

 

 

 

As the area continues to develop and attract more businesses and residents, the demand for real estate in Ibeju Lekki is likely to increase now, leading to higher property values.

 

Another benefit of buying property in Ibeju Lekki is the potential for rental income. As more people move to the area for work at these sites and leisure, the demand for rental properties is likely to increase. This can provide investors with a steady stream of passive income.

 

Ibeju Lekki is also known for its beautiful beaches and natural resources, making it a popular tourist destination. This can open up opportunities for investors to develop and operate hotels, resorts, and other tourism-related businesses.

 

Another important factor to consider when buying a property in Ibeju Lekki is the infrastructure and amenities in the area.

 

 

The government has been making significant investments in improving the infrastructure in the area, including the construction of new roads, power and water supply, and other basic amenities. The commissioning of the huge projects is another fact that signifies the interest of the government in Ibeju-Lekki.

 

 

 

 

For instance, the Lekki Epe Expressway which connects Ibeju Lekki to the rest of Lagos and other parts of Nigeria has significantly improved the accessibility of the area. This has made it easier for residents and businesses to move in and out of the area, boosting the economy and overall development.

 

 

 

There are also several high-quality educational institutions, healthcare facilities, and shopping centers in the area, providing residents with access to essential services and amenities.

 

 

 

 

Furthermore, Ibeju Lekki is also home to several gated estates and estates like Eleko beach and La Campaign Tropicana Beach Resort, where you can find luxury amenities like swimming pools, gyms, and recreational parks.

 

 

In conclusion, for individuals wishing to profit from the region’s potential for growth and development, purchasing real estate in Ibeju Lekki is a wise investment choice. Ibeju Lekki is positioned to become one of the most sought-after districts in Lagos, Nigeria, thanks to its stunning beaches, abundant natural resources, proposed government projects, and expanding infrastructure and facilities.

 

 

Before making any investment decisions, it’s crucial to conduct your research and speak with a real estate agent and financial advisor.

 

 

 

Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041

 

 

 

 

 

 

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NAWOJ: SEKINAT, CHARITY GETS VOTE OF CONFIDENCE 

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NAWOJ: SEKINAT, CHARITY GETS VOTE OF CONFIDENCE 

 

The Nigeria Association of Women Journalists,(NAWOJ), Ogun State Chapter Executives has unanimously passed a vote of confidence on Chairman NAWOJ SEKINAT Salam and the Financial Secretary, Charity James, saying that, their leadership reflect the ideal and objectives of NAWOJ.

 

This was revealed in a communique issued at an Emergency meeting of the Executive held at the NUJ State Council, Iwe-Iroyin in Abeokuta.

 

The vote of confidence on the Leadership of NAWOJ was unanimously signed by all the five executive members that attended the meeting with the vice chairperson taking apology for official engagement outside the state capital.

 

According to the communique ” Consequently, NAWOJ Ogun State Chapter, reaffirms it’s unwavering support and confidence in the Chairperson and the Financial Secretary, Sekinat Salam and Charity James respectively, Urge them to continue in their commitment to purposeful leadership in the best interest of the association and the society at large”.

 

Speaking briefly with Journalists after the emergency Executive meeting, the Chairperson, Nigeria Association of Woman Journalists (NAWOJ), Com. Sekinat Salam, said the meeting was necessary as the news of her suspension was laughable and insulting because it is like a pot calling a kettle black in this case, saying that the Leadership of the State Council, Com. Wale Olanrewaju has no local standing to suspend her or any executive member, even he cannot be a judge in his own case.

 

According to her” The Leadership of the Nigeria Union of Journalists, Ogun State led by Wale Olanrewaju has always been misusing power without recourse to the constitution of this noble Union, hence has no local standing to suspend me or any executive member “.

 

She said only the Central Working Committee (CWC) has the constitutional rights to sanction or suspend any members found wanting after due process has been followed.

 

While calling on members to stay calm, Com. Sekinat Salam assured members of positive representation of NAWOJ at both the State and National level, adding the success recorded under her administration cannot be overemphasized.

 

She therefore called on the National leadership of NUJ to critically look into the matter, either by setting up independent committee to investigate the issues and resolve the matter as quickly as possible.

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Adron Homes Chairman Congratulates Oyo State on 50 Years of Progress

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Adron Homes Chairman Congratulates Oyo State on 50 Years of Progress

The Chairman and Chief Executive Officer of Adron Homes and Properties Limited, Aare Adetola Emmanuelking, has congratulated the Government and people of Oyo State as the state marks its 50th anniversary, describing the occasion as a celebration of resilience, cultural pride, and sustained progress.

He noted that since its creation, Oyo State has remained a strong contributor to Nigeria’s socio-economic and cultural development, emerging as a hub of commerce, education, and innovation.

According to him, the Golden Jubilee offers a moment for reflection and renewed commitment by government, private sector players, traditional institutions, and citizens toward building a more inclusive and prosperous state.

Aare Emmanuelking commended the state’s ongoing transformation through investments in infrastructure, economic expansion, and human capital development, adding that sustainable growth is deliberate and must remain purpose-driven.

He also praised the leadership of the current administration while acknowledging the contributions of past leaders whose efforts laid the foundation for today’s Oyo State.

Reaffirming Adron Homes’ commitment to national development, he described Oyo State as a land of opportunity. He wished the state continued peace and prosperity, expressing confidence that the next fifty years will bring even greater achievements for the Pace Setter State and its people.

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TY BURATAI HUMANITY CARE FOUNDATION CONDOLES WITH BIU EMIRATE OVER TRAGIC ATTACK

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TY BURATAI HUMANITY CARE FOUNDATION CONDOLES WITH BIU EMIRATE OVER TRAGIC ATTACK

TY BURATAI HUMANITY CARE FOUNDATION CONDOLES WITH BIU EMIRATE OVER TRAGIC ATTACK

 

In a profound expression of sorrow, the TY Buratai Humanity Care Foundation has extended its heartfelt condolences to the families of the victims and the entire people of Biu Emirate, Borno State, following the recent tragic attack attributed to Boko Haram. This devastating assault, which occurred at a work site in northeastern Nigeria, claimed the lives of dozens, including brave soldiers committed to protecting the nation.

In a statement released to the press and signed by the Chairman of the foundation, Ibrahim Dahiru Danfulani Sadaukin Garkuwan Keffi/Betara Biu, the Grand Patron of the Foundation, His Excellency Amb. Lt. Gen. Tukur Yusufu Buratai CFR (Rtd), former Chief of Army Staff, described the incident as “one too many senseless, barbaric, and ruthless displays of inhumanity.” His Excellency emphasized the heartbreaking impact of such attacks on innocent, hardworking citizens striving to make a positive difference in their communities.

The Grand Patron praised the swift and decisive response of military personnel during this critical time, underscoring their brave commitment to safeguarding the nation. He called upon them to maintain this momentum, commending their courage and sacrifice in the face of adversity. “May Almighty Allah forgive their souls and grant them Aljannah Firdouse,” he remarked, encouraging the nation to honor their spirit of sacrifice as they rally together to rebuild and restore hope across the region.

In his statement, Gen. Buratai highlighted the importance of collective action in overcoming the challenges posed by insecurity, urging concerned citizens to increase their efforts in fostering a virile community that future generations can cherish. “Together, we can surmount these troubles,” he asserted, calling on all patriotic leaders and citizens to unite in the fight against violence and insecurity.

TY BURATAI HUMANITY CARE FOUNDATION CONDOLES WITH BIU EMIRATE OVER TRAGIC ATTACK

The TY Buratai Humanity Care Foundation remains committed to supporting initiatives that promote peace, security, unity, and prosperity. As the foundation extends its condolences to the bereaved, it also calls upon all segments of society to collaborate in creating a better and safer future. May Allah guide and protect the nation and lead it toward enduring peace. Amen.

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