coastal highway corridor.
Speaking with The Guardian, their lawyer, B. Chinedu Moore & Associate, confirmed that many property owners were saved through the exercise by the authorities, adding that five buildings are still affected. One of the property owners received a fresh demolition notice from the state’s Ministry of Physical Planning and Urban Development.
However, the affected property owner said the land was acquired from Ojomu Family Land and Gazetted No.24, Vol 27, June 23, 1994, as well as possesses approval, querying why the government should insist on demolishing the property. “Government wants to remove the structures because it wants to construct a road. Unfortunately, most of the people, who claim to have approval may not have one,” the source said.
Only two per cent of the N19.67 trillion total pension assets, which amounts to N396.3 billion, is in cash as of the end of the first quarter, information provided by the National Pension Commission has disclosed.
Source: Real Estate Daily Report (realestatedailyreport.net)
Lagos-Calabar Highway Project
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