What Many Do Not Know About Ibeju-lekki, The New Lagos

What Many Do Not Know About Ibeju-lekki, The New Lagos

Last week Tuesday, I set out for a site inspection of the much talked about *New Lagos – Ibeju Lekki* along with my team we covered the Ibeju Lekki axis.

We marveled at the sight of several organisations, The developments and opportunities springing up there. » Read more

Ibeju Lekki Free Trade Zone Master plan

Ibeju Lekki Free Trade Zone Master plan

LEKKI FREE TRADE ZONE (LFTZ) is a model city comprising 16,500 hectares to the south east of the the city of Lagos, IBEJU LEKKI to be precise. A land of infinite opportunities bounded by the Lekki Lagoon and the Atlantic Ocean. Lekki is a new city under development, that will operate in accordance to the best international practices and is one of the fastest developing urban areas with an annual economic growth rate of 16.8%. It is a Multi-use facility with zones for Oil and Gas, Industry, Manufacturing, Financial, Real estate, Tourism, and a Strategic plan for a Deep seaport, and an International airport located nearby. The Free zone will provide traders with a global getaway for the regional and International markets. » Read more

Real Estate: Less Premium In The Midst Of Rising Investment Business

It is no news that real estate has now become a booming sector. A lot of people have engaged in this area of investment because of the high returns. However, there are different levels in real estate business. While some people are agents to property owners getting their money through commissions, others that have the capital and the wherewithal are engaged in buying up and developing properties for various uses. » Read more

The Nigerian Tenant, The Landlord & His Rental Apartment

Becoming a tenant in an apartment which is rented presumes that you have viewed the space prior to paying for it. Upon being satisfied with it you went ahead to enter into an agreement to use the mutually agreed space given up by the property owner for a sum of money which is the rent. Consciously, you have entered a contract in which the owner is obliged to give you the flat or apartment agreed and do certain things in the house. He therefore relates with you in exchange for cool cash. » Read more

Living In Kubwa, Abuja – A Neighborhood Guide

Abuja, is the capital city of the Federal Republic of Nigeria and you can bet that there are towns and places you would love to see; Kubwa is one of them.

Kubwa is a residential district in Bwari, one of the Area Councils in the FCT. It is among the major suburbs within the metropolitan area of Abuja. It has been in existence since 1990 as Satellite Town. » Read more

Urban Design – An Introductory Approach

Urban areas are remarkably different from rural environment and they pose enormous challenges to environment professionals in terms of what form they should take. In general terms, various theories, concepts, and approaches have been employed in solving urban problems but an integrated approach has rarely been employed. Thus professionals like urban planners, architects, engineers and others often work alone as is urban design problems can be solved independently of each professional’s efforts. In recent times, the trends is now towards multi-professional approach. Thus design challenges are taken up from environmental and sociological perspectives, decision-making process is more open and participatory, while the state (politics) and the market (economics) are becoming more critical in the implementation of design projects. » Read more

Selecting & Working With Estate Agencies In Real Estate Investment Process

Choosing Estate Agents

Whether buying or selling real estate interest, choosing the right real estate agent is one of the most important decisions you will make during the conveyancing process. In an industry which has seen a doubling of agent numbers over the last five years, the initial choice can seem abroad and daunting one. Some of the key factors to consider in the search for a reliable and trustworthy agent are: » Read more

Termination of Agency

An obligation does not usually remain indefinitely. Several reasons exist for which contractual obligations could come to an end. Agency, being a form of business contractual relationship is not insulated from this general principle. Agency relationship could cease to exist through any of the following ways: by termination of the relationship and by performance of the obligations assumed by each of the parties within the given time. Similarly, other business developments such as invalidation, cancellation, merger & acquisitions etc can bring obligations of agency relationships to an end. The agency relationship is not permanent. Either by action of the parties or by law, the relationship will eventually terminates. » Read more

Rural Area And Village Planning Process

Concept Of Rural Area

What is “Rural”?
Definition of the term “Rural” is a concept or an expression that appears quite difficult to define, due to its multi-dimensional approach and nature. As there are many professionals involved in the studies and development of rural areas with much controversy; so are there diverse definitions and views expressed either from economic, social, psychological, ethnical, racial and numerical perspectives.
Principally, two methods of identifying or defining what is “rural” are usually given. First and foremost, is to identify the rural areas as an entity. While the second, is to identify and classify the urban areas, and assume the rest to be rural (Kadiri, 1998). This approach is based on the simple understanding that once we can identify what is urban; it automatically means the rest is rural. This therefore means what is not urban is rural (Obot, 1986).
Similarly, some researchers have identified certain criteria as the basis of classification of settlements into either urban or rural (Okpala 1986, Jones 1996, Sanders 1977, Kadiri 1998, Olaseni 2004). The three commonly employed criteria are:
Legal and administrative definition and classification. This is the declaration made by law of the end. » Read more

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