Connect with us

society

PLACES WHERE REAL ESTATE IS BOOMING IN LAGOS

Published

on

How to Avoid Your Property from Being Demolished or Collapsing by Dennis Isong 

PLACES WHERE REAL ESTATE IS BOOMING IN LAGOS

BY DENNIS ISONG

PLACES WHERE REAL ESTATE IS BOOMING IN LAGOS

 

Lagos has become a place where real estate is making a significant difference.

 

The sector keeps surviving the bad economy year in and year out.

 

 

 

 

 

 

The effect of the pandemic still lingers even after a year and some months.

 

Nonetheless, the real estate business is still standing tall.

 

 

 

 

 

 

 

 

If you don’t know your way, it’s crucial to ask people that have been there. Buying land is good but buying in a place where you are sure to get a huge return of profit is better.

 

Lagos is a city where real estate is highly profitable and can bring you a fortune.

 

 

 

 

 

 

 

However, there are some places real estate investors should look out for more.

 

These areas will be highlighted in this article.

 

 

  1. IBEJU-LEKKI

 

Despite the land being cheap in Ibeju-Lekki, it still sells faster than any other location in Lagos. Land in Ibeju Lekki sells between 3 million to 20 million depending on the location and title of the land. You can make inquiries concerning that.

 

 

If you are a player in the real estate sector and you don’t have land yet in Ibeju Lekki, then you are missing out because that’s where the money lies.

 

 

 

 

 

 

 

 

Ibeju-Lekki is one of the LGAs for planned Lekki City. With the actualization of the blueprint, Ibeju Lekki is expected to become a central hub for business, manufacturing, warehousing, and logistics. With these developments, there will be an increase in commercial activities in the area which help in job creation and enhancement of booming business activities.

 

In Ibeju Lekki, there are ongoing and proposed industrial developments such as the Dangote Refinery which is expected to be the world’s biggest single-train facility and is estimated to cost 9bn dollars. It covers a total area of 2,635 ha on the Lekki Lagoon, enabling easy shipment of refined petroleum products to international markets. The refinery is expected to double Nigeria’s refining capacity, largely to accommodate the pressing demand for fuel and export to foreign markets in and out of Africa. A fertilizer plant is also included in the refinery complex, to fully utilize the raw materials released from the refinery.

 

 

 

 

 

 

 

 

 

 

Also, there is the Lekki International Airport project which was initiated to lessen the pressure on the Murtala Muhammed Airport (MMIA) IN Ikeja.

 

The master plan of the new airport shows that it’s designed to cater to wide-body, double-deck, and four-engine aircraft with the capacity for up to 500 seats.

 

 

 

 

 

 

 

 

 

 

 

For a start, the Airbus A380 is expected to carry two million to five million passengers per annum with prospects of expansion to cater to the increasing aviation needs of the rapidly developing Lekki area and its environs.

 

 

It has also tourist attractions and parks which include LUFASI nature park which keeps some widely known endangered species and Lekki Conservation Center which has one of the best overhead walkways in the world.

 

 

  1. ORCHID ROAD, LEKKI

 

Do you know that there is a place in the Lekki axis where top property developers now play big when it comes to housing development?

 

 

Orchids Road is one of the busiest roads, full of real estate activities. It’s one of the longest roads on the Lekki axis. Orchid is opposite the popular housing estate of Lagos billionaire, Chief Rasaq Okoya, called Oluwa Ni Nsola Estate.

 

 

 

 

 

 

 

 

 

 

Also, the winner of Big Brother Nigeria, Mercy Ekeh bought her house (Victoria Crest Homes). Having a huge brand like Mercy Eke buying a property there has further exposed the area.

 

You can also find another big estate on that road which is Cooplag Estate, owned by Shell Nigeria. It’s an estate developed to house the staffers of Shell Nigeria. It’s situated after the second toll gate if you are coming from Lekki Phase 1.

 

The bus-stop leading to this road (Orchid) is called Eleganza Bus Stop.

 

 

 

 

 

 

 

 

 

 

 

 

 

Presently, a plot of land on this road goes high as 50 to 60 million and these have become another destination where big guns in the sector choose their ideal location.

 

It’s a place Nigerians living abroad can put into consideration when investing in property in Nigeria.

 

 

 

 

 

 

 

 

 

 

  1. SANGOTEDO

 

Sangotedo is a town buzzing with so much real estate. Currently, a plot of land in Sangotedo is as high as 30 million naira and above.

 

One of the key attractions of real estate players in that area is because of Novare mall which houses one of the most popular retail malls in Africa, Shoprite. And that mall is the biggest in Nigeria in terms of the Landmark.

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate companies have one or two properties there as of today. Sangotedo is one of the prime locations to do business for any real investor or a potential buyer.

 

 

Sangotedo town is 10 minutes drive from Ajah and closer to Lagos business school. It’s a developed area and almost all the land in the area has been fully booked.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  1. OGOMBO ROAD, AJAH

 

One of the hottest locations in Lagos where the real estate business is booming is Ogombo road. There are many top real estate companies on this popular road.

Ogombo is a town after Ajah. It’s a five-minute drive from Ajah roundabout, also known as Abraham Adesanya Road.

 

 

 

 

 

 

 

 

 

 

 

 

 

A plot of land on this road now is around 30 to 50 million naira. Presently, a lot of big guns in the sector have made the place a business place to be.

 

These places mentioned should be worked toward when investing in Lagos.

 

 

 

 

 

 

 

 

 

 

 

Dennis Isong helps individuals invest right in Real estate. For questions on this article or enquiring about Real estate. Follow him on Youtube https://www.youtube.com/landpropertyng , Email [email protected] or Whatsapp/Call +2348164741041

 

 

society

Enhancing public safety and security: The Halo Trust, US Govt partner to provide ammunition handling and accounting training at Ikeja Lagos, Nigeria

Published

on

Enhancing public safety and security: The Halo Trust, US Govt partner to provide ammunition handling and accounting training at Ikeja Lagos, Nigeria

 

 

 

The Nigeria Police Force Explosive Ordnance Disposal – Chemical Biological Radiological and Nuclear (NPF EOD-CBRN) has successfully completed the first batch of training for 19 personnel on Ammunition Handling and Accounting Course. The training, held in Ikeja, Lagos, from December 3-20, 2024, was organized by The HALO Trust and sponsored by the United States Department of State’s Bureau of International Narcotics and Law Enforcement Affairs.

According to The HALO Trust’s Country Director for Nigeria, Prince Ganiyu Otunba, this training is part of aholistic NPF-HALO developed project aimed at supporting personnel capacity building, addressing equipment needs, and enhancing the operational readiness of the NPF EOD-CBRN Command to mitigate explosive ordnance threats in Nigeria. A second batch of 22 personnel is scheduled to undergo the same training in January.

The Inspector General of Police, IGP Kayode Adeolu Egbetokun PhD, NPM, through the CP EOD–CBRN CP Patrick Atayero expressed gratitude to the Bureau of International Narcotics and Law Enforcement Affairs andThe Trust HALO for their support.

The training aimed to equip NPF EOD-CBRN personnel with the knowledge, skills, and best practices necessary to handle and account for ammunition and explosives safely and securely. The course also focused on ensuring proper accounting and record-keeping, preventing theft and diversion, reducing the risk of unplanned explosions at munitions sites, and promoting international best practices.

The NPF appreciates the support provided by the United States government, which will have a profoundly positive impact on the society.
CP Patrick Atayero emphasized the importance of responsible ammunition management in preventing the proliferation of illicit weapons and reducing the risk of unplanned explosions at munitions sites. He urged all stakeholders to collaborate with the Police in efforts to prevent the diversion, misuse, and unauthorized handling of explosive and other hazardous materials.

 

About HALO
The HALO Trust is the world’s largest humanitarian organization engaged in the field of Mine Action and weapons and ammunition management. With over 35 years’ experience, The HALO Trust is the most experienced organization in the field of Weapons and Ammunition Management, rehabilitating and constructing armouries and ammunition stores to international standards, disposing of unsafe and unserviceable weapons and ammunition, and building national capacity to allow for the safe, accountable and secure management and control of weapons and ammunition.
The HALO Trust presently implements Mine Action and weapons and ammunition management projects in 30 countries and territories. In 2024, HALO trained a total of 106 Nigeria security forces personnel in weapons and ammunition management.

Enhancing public safety and security: The Halo Trust, US Govt partner to provide ammunition handling and accounting training at Ikeja Lagos, Nigeria

Continue Reading

society

“Sentenced to Death for Stealing a Fowl: The Shocking Case of Segun Olowookere Sparks National Outrage”

Published

on

“Sentenced to Death for Stealing a Fowl: The Shocking Case of Segun Olowookere Sparks National Outrage”

“Sentenced to Death for Stealing a Fowl: The Shocking Case of Segun Olowookere Sparks National Outrage”

 

The Nigerian social media space was thrown into an uproar on Tuesday as news spread about Segun Olowookere, an only child, who was sentenced to death by hanging for stealing a fowl in Osun State. The case, which dates back to 2010, has raised serious questions about justice, fairness, and the Nigerian judicial system.

Olowookere, now 31, was arrested alongside Sunday Morakinyo in Oyan, Odo-Otin Local Government Area, when he was just 17 years old. Accused of robbing a police officer of two fowls and eggs worth ₦20,000, the duo was convicted in 2014 by Justice Jide Falola of the Osun State High Court.

The Arrest and Trial

According to Olowookere, his ordeal began when a group of minors, allegedly involved in theft, named him as their gang leader. Despite his denial, he was subjected to severe torture by police officers and detained without immediate legal recourse.

“The police demanded ₦30,000 for my bail, but my father could only raise ₦20,000. Before he could return with the full amount, I was transferred to the Special Anti-Robbery Squad in Osogbo,” Olowookere recounted.

At trial, six witnesses testified against him. Although he pleaded not guilty and claimed innocence, the court relied heavily on a controversial confession reportedly obtained under duress. Justice Falola sentenced both Olowookere and Morakinyo to death for armed robbery, life imprisonment for robbery, and three years for theft.

Public Outcry and Calls for Justice

The harsh sentence, perceived as disproportionate to the crime, has ignited widespread criticism. Human rights lawyer Femi Falana (SAN) condemned the ruling, arguing that the trial was unlawful since Olowookere was a minor at the time of the offence.

Falana stated, “The Osun State High Court lacked jurisdiction over the case. The matter should have been handled by the Family Court, which would not impose the death penalty on a child.”

Governor Adeleke’s Intervention

“Sentenced to Death for Stealing a Fowl: The Shocking Case of Segun Olowookere Sparks National Outrage”

Osun State Governor Ademola Adeleke has ordered an investigation and initiated steps for a pardon. “I assure the public that this case is receiving urgent attention. Justice and fairness must prevail,” the governor announced on X.

Lingering Appeal and a Tarnished Legacy

The case is still pending appeal at the Court of Appeal, Akure, 13 years after it began. Meanwhile, Justice Falola, who presided over the trial, was recently retired by the National Judicial Council following a separate scandal involving professional misconduct.

The Human Toll

Olowookere, who has spent over a decade on death row, dreams of becoming a doctor. He has trained under medical practitioners at his custodial center and hopes to prove his innocence and contribute to society.

“I pray to God to set me free. I am not a criminal. I’ve never stolen anything in my life,” he said.

Morakinyo, his co-convict, was not as fortunate. Following years of torture, he has developed severe mental health issues and is now unrecognizable, according to Olowookere.

What’s Next?

As the public awaits the conclusion of the appeal process, Olowookere’s story has become a rallying point for advocacy against systemic injustice. Many Nigerians are calling for comprehensive judicial reforms to prevent such cases in the future.

The tragedy of Segun Olowookere is a grim reminder of the cracks in Nigeria’s justice system—cracks that have left a young man’s life hanging in the balance for over a decade.

Continue Reading

society

Nigerian Man Returns ₦5 Million Mistakenly Sent to His Account Amid Economic Hardship

Published

on

Nigerian Man Returns ₦5 Million Mistakenly Sent to His Account Amid Economic Hardship

A Nigerian man, Ben Kingsley Nwashara, has become a symbol of integrity after returning ₦5 million mistakenly deposited into his bank account during a time of widespread economic hardship in the country.

Nigerian Man Returns ₦5 Million Mistakenly Sent to His Account Amid Economic Hardship

Nwashara shared his experience on X (formerly Twitter) on December 20, posting a screenshot of the unexpected transaction alert. He expressed astonishment at receiving such a large amount during challenging financial times.

“Someone mistakenly sent me ₦5,000,000 (Five Million Naira) to my Fidelity Bank account. In this hard time? I’ve been getting calls from different persons because of this,” he wrote.

Determined to resolve the situation lawfully, Nwashara immediately contacted the police to report the incident, explaining his intent to protect himself from potential fraud accusations.

“I will be headed to the police station to make a statement. Let the bearer of the account come and confirm he or she sent it with evidence,” he added.

In a follow-up post, he shared evidence of his integrity—a receipt showing the successful return of the funds to Sliding Towers Global Limited, the original sender. Additionally, he documented his visit to the Ogui Police Station in Enugu to ensure transparency and accountability.

“Let it be on record that I’ve returned the sum of ₦5Million mistakenly sent to me by one Sliding Towers Global Limited. I’ve also made an entry at the Ogui Police Station, Enugu, to this effect,” Nwashara stated.

His actions have garnered widespread praise on social media, with many commending his honesty and strong moral compass, particularly during Nigeria’s current economic challenges.

“This is the kind of integrity we need in our society. He didn’t succumb to the temptation to keep the money despite the hardship,” one user wrote.

Ben Kingsley Nwashara’s exemplary behavior has sparked conversations about ethics and accountability, proving that integrity still thrives in unexpected situations.

Continue Reading

Cover Of The Week

Trending