Sanwo-Olu inaugurates construction of Falomo Towers Ikoyi  – Newstrends
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Sanwo-Olu inaugurates construction of Falomo Towers Ikoyi 

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A major urban renewal project to restore the aesthetic landscape of Falomo, the commercial suburb of Ikoyi in Lagos State, has been flagged off by Governor Babajide Sanwo-Olu, on Friday.

Lagos State Development and Property Corporation (LSDPC) sealed a joint redevelopment partnership with Afriland Properties Plc, a private developer, to turn former Falomo Shopping Complex to a premium sky-high real estate that will enhance the socio-economic outlook of the neighbourhood.

Falomo Towers, being developed on 11,950 square metres of land, will offer a blend of green amenities that will promote quality living.

The project development is expected to be completed in 30 months.

Afriland Properties Plc is a subsidiary of Heir Holdings, owned by the foremost entrepreneur and banker, Mr. Tony Elumelu.

Sanwo-Olu, at the sod turning ceremony held at the project site, said the construction flag-off ended a decade-long discussion with the developer to revive the project and build iconic towers that would turn around the fallow land for the benefit of the public.

The governor said the project was another milestone achieved by his administration to renew urban amenities, stressing that the strategic implementation of the Lagos Masterplan had been dependent on the Government’s ability to forge workable partnership between the public and private sectors.

He said: “This is a phenomenal project that will bring back the lost ambience of Ikoyi. When this partnership was initiated 10 years ago, I was the Managing Director of LSDPC. It is interesting to note that we’ve all gone through arbitration but we didn’t throw a wrong punch. We agreed this project must not be thrown away. Today we are making a transaction that is bigger and better than what was initially proposed 10 years ago.

“This testifies to the uniqueness of public and private sectors in ensuring things can be made a lot better when we sit and agree. This is a clear example of what Public Private Partnership (PPP) model is out to achieve when partnerships and collaborations are pursued and implemented with seriousness. When we put our minds of possibilities to ideas, great things happen. This aptly describes the story of today’s flag-off of construction of Falomo Towers.”

Sanwo-Olu described Afriland Properties as a tested, trusted and reliable developer, saying the Corporation had found the right partner for the redevelopment project.

The governor said the Lagos State Government would remain committed to ensuring the investors get full value for their investments, while promising to continue to pursue business environment reforms, including automation of land and property records to scale up transparency and efficiency that catalyse sustainable investments.

Elemelu said the partnership was another testimony to the Lagos State Government’s belief in the private sector as a key development driver in the State, praising the Lagos political leadership for setting the pace of private sector inclusion in governance.

For surmounting obstacles that delayed the take-off of the partnership, Elumelu said Lagos remained the most hospitable environment to investors seeking profitable return on their investments.

He said: “I commend Gov. Sanwo-Olu and the political leaders of the State for believing in the private sector. What we are witnessing today attests to their beliefs in the private sector as driver of development in the State

“For private sector to do well, the political leadership must create the right environment. Lagos has set the pace in this direction. This partnership is a celebration of dialogue and this makes Lagos remain the most hospitable environment for investors.”

The LSDPC Chief Executive Officer, Hon. Ayodeji Joseph, said the project site evoked memories of a glorious past for Island dwell in the 1970s, noting that the Corporation took an informed decision to turn around the site by building residential apartments to provide additional accommodation to the growing middle class, business professionals and the swelling rank of young citizens.

He said: “Over 40 years down the line, the corporation in its decision to renew some of its facilities has deemed it fit to redevelop the site of the shopping complex, taking into consideration the realities of today’s needs as well as the environmental impact implications.

“To achieve this purpose, we decided to mobilise finance from the private sector. This decision will free resources that could otherwise be tied down to this project, for other pressing needs. In addition, it will allow the project to benefit from the competitive efficiencies for which the private sector is better known.”

Chief Executive Officer of Afriland Properties, Mrs. Uzo Oshogwe, noted that the redevelopment project was a revival of a landmark, saying: “With the project, we tend to give Ikoyi back its aesthetic landmark

She said the iconic project would enhance and beautify Ikoyi skyline, adding that the partnership would be creating economic opportunities and social wealth that would transform the State and the country.

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Defamation: Court orders arrest of prophet, two others

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Defamation: Court orders arrest of prophet, two others

Justice Olaolu Olanipekun of Oyo State Magistrates’ Court 7 sitting in Iyaganku, Ibadan, has issued a warrant for the arrest of a prophet of a Cherubim and Seraphim (C&S) church, Ojo Amos (aka Elewuogbo).

Justice Olanipekun ordered that Elewuogbo and his two sureties be arrested and detained for jumping bail.

Elewuogbo is on trial for alleged defamation of character of the Founder of One Love Family, Sat Guru Maharaj Ji.

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Elewuogbo and a Lagos-based blogger, Gbenga Asabe, had, through publications, accused Maharaj Ji of selling human body parts for money rituals.

The court also granted request for consolidation of the cases against Elewuogbo and Asabe brought by Maharaj Ji’s counsel, Dapo Akinosi.

Akinosi prayed the court that since the facts were related, they should be merged. The court granted the application and adjourned the case till April 30.

Defamation: Court orders arrest of prophet, two others

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Students drag university to court over payment of registration fees

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Students drag university to court over payment of registration fees

Three students of one of the universities in northern part of the country, Al-qalam University, Katsina, have dragged the institution to a High Court in Katsina over payment of registration fees.

The applicants, Hauwa’u Sani-Barda, Rabi’atu Sani-Barda and Hafsat Sani-Barda, all students of the respondent, got admission in 2018 and 2019, and graduated in 2022 and 2023.

They, however, claimed that the respondents had refused to mobilise them for the mandatory National Youth Service Corps (NYSC), because they had not settled all fees due to the institution.

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During the proceedings on Thursday, the applicants’ counsel, Muhammad Mukhtar-Lawal, told the court that his clients had filed an exparte motion in pursuance to the Constitution of the Federal Republic of Nigeria, 1999 (as amended).

Mukhtar-Lawal said that the application sought the leave of the court to apply for judicial review.

After the counsel’s submission, the judge, Justice Abbas Bawale, said that the applicants should have filed a motion on notice.

Bawale, however, granted a leave order to the applicants to apply for judicial review by way of mandamus.
He said after that, processes would be served on the university and enable the court to hear the case.

Students drag university to court over payment of registration fees

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NAFDAC busts fake Eva water factory, arrests suspect

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NAFDAC busts fake Eva water factory, arrests suspect

The National Agency for Food and Drug Administration and Control (NAFDAC) has exposed a counterfeit bottled water operation in Port Harcourt, specifically targeting the renowned brand Eva water.

Following a tipoff, NAFDAC officials conducted a raid on a derelict shop situated on Pipeline Road, Eneka.

The establishment disguised as a pool house and served as the hub for producing the fraudulent water.

During the operation, authorities discovered that used Eva plastic bottles were being refilled with contaminated water sourced from a paint bucket.

The water was then filtered through unhygienic rubber funnels covered with cloth.

Counterfeit Eva labels were affixed to the bottles, which were subsequently sealed with fake Eva corks.

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One suspect, identified as Chibunna James, was apprehended while in the process of loading the adulterated water for distribution. However, the mastermind behind the operation remains at large.

The confiscated products were promptly evacuated to the NAFDAC office for further investigation and analysis.

Cyril Monye, NAFDAC’s Public Relations Officer for Rivers State, disclosed that the scheme of the perpetrators involved repackaging contaminated water in used Eva bottles, employing makeshift filters made from unsanitary materials, and applying fake labels and corks to deceive consumers.

While efforts are underway to locate and apprehend the ringleader of the syndicate, NAFDAC urges the public to provide any relevant information that could aid in their apprehension.

Furthermore, Monye revealed that thirty packs of the counterfeit products were confiscated and transported to the NAFDAC office in Port Harcourt for thorough investigation. To prevent the circulation of the counterfeit water, the uncorked bottles were emptied and disposed of.

NAFDAC busts fake Eva water factory, arrests suspect

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