family – 9japroperty http://9japroperty.com.ng All you need to know about properties Mon, 14 Nov 2016 08:38:59 +0000 en-US hourly 1 https://wordpress.org/?v=5.4.15 Lagos family, firm unveil new business city http://9japroperty.com.ng/lagos-family-firm-unveil-new-business-city/?utm_source=rss&utm_medium=rss&utm_campaign=lagos-family-firm-unveil-new-business-city http://9japroperty.com.ng/lagos-family-firm-unveil-new-business-city/#respond Tue, 15 Nov 2016 07:15:56 +0000 http://9japroperty.com.ng/?p=5446 Channeldrill Resources Limited, in conjunction with the Elegushi family of Lagos, has unveiled the plan for a new development to be known as the Imperial International Business City. The new city will be built on 200 hectares of reclaimed land from the Lagos lagoon, stretching from Lekki Phase 1 to the NICON Town. The Managing […]

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Channeldrill Resources Limited, in conjunction with the Elegushi family of Lagos, has unveiled the plan for a new development to be known as the Imperial International Business City.

The new city will be built on 200 hectares of reclaimed land from the Lagos lagoon, stretching from Lekki Phase 1 to the NICON Town.

The Managing Director, Channeldrill, Mr. Femi Akioye, said the city was a vision of his company and the Elegushi of Ikateland, Oba Saheed Elegushi.

“This vision is majorly about building a city for the future. There are two things that will define the future of modern cities in the world, smart and green, and there is no better place to start this campaign in Africa than in Nigeria,” he said.

Akioye added that as a form of a special Corporate Social Responsibility, the promoters of the city were giving people the opportunity to be part of the development through the Imperial City Promo.

“This is a chance for an average Lagosian and Nigerian to win a plot of land in a city that will become the most expensive in Africa in a few years, for just N500,” he said.

According to Akioye, the promo is borne out of the vision to make the city an all-inclusive project where average Nigerians can aspire to and obtain a piece of land for the future.

“We want those on the minimum wage, the working class men and women, civil servants, teachers and all other citizens who have been putting in their fair share into the commonwealth of this country to be part of the future we talk about,” he explained.

Akioye said the promo had been approved by the Lagos State Lotteries Board, while Quickteller, Winners Golden Bet, Golden Chance Lotto and GuarantyTrust Bank would be partners with Interswitch as ticket vetting agents.

He said the promo would produce seven winners over a seven-week period, in addition to other consolation prizes worth over N300m.

According to him, the construction of the city will take about five to six years, with the reclamation of the land taking two years and provision of infrastructure taking about three years.

The Group Chief Executive Officer, Kedari Capital Limited, Mrs. Ife Fashola, said the city would be built right to correct some of the mistakes made in estates along the Lekki corridor.

Akioye said the consultants and contractors for the dredging, engineering and planning were all world-class companies from Europe.

PUNCH.

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Lagos family seeks govt intervention on landed property http://9japroperty.com.ng/lagos-family-seeks-govt-intervention-landed-property/?utm_source=rss&utm_medium=rss&utm_campaign=lagos-family-seeks-govt-intervention-landed-property http://9japroperty.com.ng/lagos-family-seeks-govt-intervention-landed-property/#respond Thu, 03 Nov 2016 11:31:21 +0000 http://9japroperty.com.ng/?p=5352 The Oyemade Royal Family of Ijeshatedo, Lekki, has asked the Lagos State Government to be cautious in granting consent to prospective applicants wishing to transact and carry out any form of development on the family land in Lekki, Lagos. Head of the family, Otunba Babatunde Rahman, told reporters at the weekend that the plea being […]

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The Oyemade Royal Family of Ijeshatedo, Lekki, has asked the Lagos State Government to be cautious in granting consent to prospective applicants wishing to transact and carry out any form of development on the family land in Lekki, Lagos.

Head of the family, Otunba Babatunde Rahman, told reporters at the weekend that the plea being made to the government was informed by the presence of persons and organisations wanting to carry out development on their land with out their consent and authorisation.

Rahman claimed that the family, under the aegis of Oyetubo Joko-Tade Estate Resources Limited, has petitioned the Lagos State Government asking for its intervention in what it described as ‘unauthorised dealings’ on their land. The said land, he claimed, was acquired during the General Mobolaji Johnson (rtd.) regime in 1972 and covered by a Certificate of Occupancy registered as 75/75/1996AE, by an estate agent whose service they had dispensed with.

In a letter to the Registrar of Titles, Lands Bureau, Alausa, Ikeja dated October 17, 2016, the holding company owned by the Oyemade Royal Family formally informed the state government that it had disengaged the services of the estate agent (names withheld) formerly granted the power of attorney over their land  in Sangotedo, along Lekki/Epe road in Eti-Osa Local Government Area of the state.

The letter was titled: “Embargo on the grant of consent to prospective applicants on Oyetubo Joko-Tade Estate Resources Limited covered by a Certificate of Occupancy registered as 75/75/1996AE situate at Sangotedo by Monastry Road, Eti-Osa LGA, Lagos State” and signed by director of the company, Otunba Babatunde Rahman  and five shareholders viz Chief Muka Bajulaiye, Alhaja Ajimot Ashaku Adisa, Chief Adelaja Nureni, Mrs Racheal Tokede and Mr. Saliu Tajudeen.

They urged government to deal only with the accredited representatives of the family made up of the chairman and the appointed shareholders who are representatives of  the different branches of the family in the company in respect to all transactions relating to any part of the company’s 201 hectares of land.

The family explained that it took this decision because it has been having a running battle with the person initially granted power of attorney over mismanagement of proceeds of sale of the company’s land located at Sangotedo area of Lagos and as a result of which they have commenced a legal action to recover their funds.

The letter written to the Registrar of Titles further stated in part: “We as director and shareholders ( being members of the three branches of the family that make up the three classes of the shareholders) of Oyetubo Joko Tade Estate Resources Limited, write to inform the Bureau as follows; “That Oyetubo Joko-Tade Estate Resources Limited is the bonafide and beneficial owner of the large expanse of land situated at Sangotedo Area of Eti-Osa LGA, Lagos State and covered by a certificate of occupancy registered as 75/75/1996AE”.

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Family makes acquisition claim against Lagos over property http://9japroperty.com.ng/family-makes-acquisition-claim-against-lagos-over-property/?utm_source=rss&utm_medium=rss&utm_campaign=family-makes-acquisition-claim-against-lagos-over-property http://9japroperty.com.ng/family-makes-acquisition-claim-against-lagos-over-property/#respond Wed, 26 Aug 2015 09:05:23 +0000 http://9japroperty.com.ng/?p=3489 EIGHTEEN children of late Chief Robert Bomah Onyeboliseh who died intestate have sued Lagos State Government and an oil firm, MRS Oil Nigeria Plc at the Lagos High Court over choiced Lagos Island property. In a statement of claim, the children, led by Mrs Alaba Ogbe stated that their father during his lifetime owns many […]

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EIGHTEEN children of late Chief Robert Bomah Onyeboliseh who died intestate have sued Lagos State Government and an oil firm, MRS Oil Nigeria Plc at the Lagos High Court over choiced Lagos Island property.

In a statement of claim, the children, led by Mrs Alaba Ogbe stated that their father during his lifetime owns many properties in Lagos and in other places and that at the time of the death of their father it was not all the properties belonging to their deceased father that was known to all the children.

They claimed that the 1st defendant (MRS) who is a trespasser on the property at No. 8 Macarthy Street Lagos, has refused, failed and neglected to hand over possession of the said property despite their repeated demands.

Apart from the 1st defendants, other defendants in the suit are Lagos State Development and Property Corporation, Lagos state Government and Attorney General of Lagos State.

“The claimants aver that their father, Late Chief Roberts Bomah Onyebolise exercised his ownership right on the said property unchallenged, during his life time. The claimants aver that upon a further search, it was discovered that the defendant herein is in possession of the said property without authorisation”, they stated.

As a result, the claimants are seeking for a declaration that the being the surviving children and the lawful beneficiaries of the estate of late Onyebolise are the persons entitled to the ownership and right of occupancy of the property.
They also want the court to declare that they have not transferred any of those rights of ownership or possession to the defendant or indeed any other person as well as an order for them to give up possession.

However, in its statement of defence, the 1st defendant, contends that the claimants have no locus standi to institute action as they are not the administrators of the estate of Chief Robert Bomah Onyebolise (deceased) whose alleged interest in the property in dispute they are seeking to enforce.

The oil firm claimed that they are occupying the property as a tenant or lessee of the Lagos State Development and Property Corporation (2nd defendants) which is the owner of the said property.

“The 1st defendant therefore states that the claimants have sued the wrong party in this action, since the 1st defendant is not the owner of the property which is the subject-matter of this suit”, it stated, urging the court to strike out or dismiss the suit for lack of merit.

The 2nd defendant also stated that the land which the subject matter of the suit was alongside some other properties acquired by the Lagos State Government in 1976 by virtue of Lagos State Government Notice No. 296, dated Agust 10, 1976.

“The 2nd defendant states further that the Notice of Acquisition was duly served on the occupiers of the affected land while the Notice of Acquisition was pasted on those lands whose occupiers could not be immediately located. In order to ensure that the notice of the said acquisition was properly given to those whose interests are likely to be affected, a general notice of acquisition was also published in the daily national newspaper as well as the State Government Official Gazette No. 50 vol. 9 of 1976”, they claimed, adding that the 1976 acquisition was made in accordance with the relevant provisions of the Public Land Acquisition Law cap. 113.

They argued that the statutory rights of the claimants have been extinguished as they, through their predecessors deliberately ignored the notice of acquisition by failing to put forward any claim in the property, adding that they may only be entitled to payment of compensation.

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