Wednesday 26th June 2019
Wednesday, 26th of June 2019
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Real Estate

OPIC weaves chain of homes around Ogun

The Ogun State Property & Investment Corporation (OPIC), which is presently celebrating its 30 years of existence with a flurry of activities, has been exploiting inherent benefits of the state’s proximity to Lagos. A handful of real estate developments by the Gateway State have of recent emerged, taking into consideration that a considerable amount of top executives of Ogun State-based ...

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Odusolu: Its bad business buying OPIC land from omo-onile

Jide Odusolu, MD of OPIC

Special Adviser/Managing Director of the Ogun State Property & Investment Corporation (OPIC), Babajide Odusolu, has said that, due to the numerous reforms put in place by the present administration, aspiring land owners and subscribers to OPIC Estates have now realised that it is bad business to patronise the omo-onile (local land urchins). “People now know that we are business-like,” he ...

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Concern as FG, Lagos argue over Ilubirin estate land reclamation

It took a public verbal spat between Governor Babatunde Fashola and the Minister of State for Defence, Senator Musiliu Obanikoro, over the Ilubirin Housing Estate that is under construction for the project site to attract a second look from motorists plying the Third Mainland Bridge. Before the tirade, which began in April, the area had generated a passing interest despite ...

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OPIC at 30: Emergence of a colossus

The vision to establish a state-owned investment company in Ogun State originated under the military administration of Brigadier Oladipo Diya as state governor between (1984 and 1985). The late Chief Olawale Otesile, the then Permanent Secretary in the Civil Service, was seconded to the Ogun State Property and Investment Corporation (OPIC), at inception to midwife its take-off. Chief Otesile and his ...

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Ogun unveils processes to ease land access

In the bid to ensure effective land administration process, easy access to land and to meet acceptable global standards, the Ogun State Government has acquired the Continuously Operation Reference System (CORS) station network through the Bureau of Lands and Survey. The station will also monitor land transactions in the state and address the activities of land speculators popularly called omo ...

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OPIC extends length of Agbara Estate road to 50km

The targeted 10.8 kilometers road re-construction that commenced barely six months ago and is nearing completion at the Ogun State Property and Investment Corporation (OPIC) Estate in Agbara, has grown to 50 kilometers, ostensibly to cater for future needs being ushered in by the state’s infrastructural rebirth. OPIC Managing Director, Babajide Odusolu, who made the disclosure, pointed out that this ...

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Why Dangote Cement is creating awareness on quality

Dangote Cement has explained that its current enlightenment on several radio stations across the country is to educate and inform the public on the benefits of using quality cement especially the new Dangote 42.5 3X Cement in their construction works. According to Director, Sales & Marketing, South South Region of Dangote Cement, Chux Mogbolu, the public awareness became necessary as ...

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World Bank invests in $120m Abuja shopping mall

The IFC, a member of the World Bank Group, has announced a $9.5 million investment in Jabi Lake Mall to support demand for modern business infrastructure and retail space in Abuja, Nigeria. The project will help create about 350 construction jobs and 900 long-term, retail-sector jobs. The $120 million Jabi Lake Shopping Mall is being built on five hectares of ...

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Mixed reactions greet Lagos Eko Atlantic City project

According to Governor Babatunde Fashola of Lagos State, the Eko Atlantic City is an adaptation measure that would enable the Lagos coastline to regain what was lost to the sea. Also, a former President of the United States, Bill Clinton, described the project as a great economic delight that would attract tourists and investors to the country. The project, which ...

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First occupant moves into ‘Grenadines Mansion’ in Propertymart’s Arepo Citiview Estate

History was made on Saturday, July 6, 2013 when the first occupant at the Grenadines Homes, Citiview Estate, Arepo in Ogun State, officially took possession of his dwelling unit – an imposing four-bedroom detached duplex christened “Grenadines Mansion”. The family becomes the first of a total of 80 expected to occupy the initial phase of the estate, where numerous other ...

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