News
ATCO Homes Wins Global Design, Quality Awards
ATCO Homes, an emerging leader in real estate, has earned accolades for its groundbreaking residential designs and construction practices.
The company was honored with two prestigious awards: the International Standards Excellence Award from the World Quality Alliance (WQA) on October 14 in Abuja, and the International Property Award (IPA) on October 19 in Dubai.
The IPA is a world-renowned mark of excellence. It celebrates the highest levels of achievement by companies operating in all sectors of the property and real estate industry. The presentation ceremony is held annually in the United Arab Emirates.
The WQA standards excellence awards recognize the commitment of local businesses to achieving and upholding standards that align with the quality prescriptions of the International Standards Organisation (ISO). The award is held to commemorate the World Standards Day.
The winners of the IPA and the WQA awards are selected by an independent panel of judges after thorough scrutinies have been carried out. The IPA is chaired by Lord Waverly and Lord Best: two independent members of the United Kingdom’s House of Lords.
According to Mary Garbett, the Manager of IPA, “The International Property Awards are given for the quality of design, construction, and presentation of individual properties and property developments, interiors, architecture, and marketing. We congratulate ATCO Homes for emerging top in the residential unit category of the International Property Award for the African region.”
“After scrutiny by our panel of judges, Angle Blue, your real estate property has been adjudged the best in the category for impressive location and superior sustainability, design architecture, marketing, and security features”, she added.
Dr Stanley Ohenhen, the Chairman of the WQA Standards Panel, also congratulated the real estate firm. He said the organizers of the awards are impressed by ATCO Homes’ prioritization of standards, quality, and excellence in its estate design and construction works.
Speaking about the twin global recognitions, Bartholomew Egbochie, the Chief Executive Officer (CEO) of ATCO Homes said, “We are excited by the recognitions by the IPA and WQA. The awards underline our commitment to helping our growing investor base achieve their aspiration of owning a home in choice areas and building real estate investment portfolios that meet various architectural designs, quality, and sustainability standards. These awards will galvanize us to do more.”
News
Lagos schedules meeting with owners of distressed buildings.
The Lagos State Government has said it would soon arrange a meeting with developers/owners of distressed buildings on how best to address the redesign and remodelling of such structures by November.
This was disclosed recently by the Commissioner for Physical Planning and Urban Development, Oluyinka Olumide, at a function in Alahusa, Lagos.
Olumide said the prevalence of distressed buildings in different parts of the state was worrisome and needed the urgent attention of all stakeholders.
He said, “The Ministry of Physical Planning and Urban Development as mandated by the Lagos State Urban and Regional Planning and Development Law, 2019, as amended, was willing to extend its responsibility for approving the remodelling of existing buildings to provide technical assistance to developers and owners of distressed buildings, especially on the design and remodelling of such buildings.
News
FG threatens contractors over Enugu-Onitsha road delay
The Federal Government has instructed the contractors responsible for the 107km Enugu-Onitsha road dualization to expedite the project.
This directive was given by the Minister of Works, Senator David Umahi, during a meeting with MTN, the Enugu State Government, and the contractors, RCC Ltd and Nigercat Ltd, on Friday.
According to a statement released on Friday, the minister said he is disappointed over the slow pace of work on the project, he said, “Let me express my disappointment over the slow pace of work on that project. It is one of the worst roads in this country.
“Everywhere we have diversion; diverting from the one that RCC and Nigercat had completed, the contractors are not kind enough to even put stone based on the diversion points.”
He added, “So, by the reason of the launching of our Operation Free our Roads, it is now a violation of the policy on the side of the controllers and directors of the Federal Ministry of Works where we have vehicles falling on any project that is ongoing or where there are potholes on our roads.”
He also blamed the sufferings of road users on the lack of commitment and insensitivity of the contractors.
“The public must know that the President’s intention is not for them to suffer while trying to fix the roads, and it is their right to insist that contractors should fix the roads that they are engaged on,” he said.
The Minister commended the Enugu state government for their resolve to fund the construction of a 20 KM section of the road and expressed hope that MTN would execute the second phase of the project.
He noted, “Why the Enugu State government is intervening is because of the slow pace of work by the contractors and because of funding issues. The essence of tax credit is for funds to be made available. And so, I don’t see RCC going to keep their promise to finish this project in 6 months.
“My advice to MTN is to look for another contractor within that axis if they want to get the job done. Division of labour is even the best. While they are doing the road, and if Nigercat is doing a good job, you can give them greater scope to do if you want to finish that job.”
He warned contractors that the Federal Government would not accept phased handovers of projects and has phased out Variation of Price in contract administration.
News
Ekiti state government mediates land dispute between traditional ruler and family in Epe-Ekiti
The Ekiti State government has intervened to resolve a longstanding land dispute between the Elepe of Epe-Ekiti, Oba Ayodele Adesoye, and the Atolagbe family. The government cautioned against the misuse of modernization as an excuse to disregard traditional customs.
In line with the community’s traditions, the government has ordered the release of resources, including palm trees at Oko Oba Farmland, to Oba Adesoye for his administration. This decision ensures the continued adherence to age-old practices.
Ekiti State Deputy Governor, Chief (Mrs) Monisade Afuye, announced the resolution in Ado-Ekiti. The decision was made after considering the Elepe’s claim to Oko Oba Farmland based on historical evidence.
Mrs. Afuye acknowledged the Elepe’s right to be the custodian of Oko Oba Farmland, citing longstanding traditions that support his claim. The decision reflects the importance of respecting historical practices and ensuring their preservation.
The deputy governor, however, told the monarch in clear terms that other princes and princesses from all the three ruling houses should be allowed to farm on the land without payment of royalty.
Mrs Afuye appealed to the community to comply with the government’s position to restore unity, peace and orderliness to the beleaguered community.
Oba Adesoye expressed gratitude for the government’s decision and pledged to foster peace and unity between the throne and the community, aiming to accelerate Epe’s development.
Representing the Atolagbe family, Dr. Yemi Agbeleoba acknowledged their willingness to cede Oko Oba Farmland to the monarch. However, he emphasized the need for all three ruling houses to participate for a lasting and traditional solution.
Agbeleoba expressed appreciation for the government’s directive, believing it will contribute to resolving the long-standing conflict.
-
News2 years ago
HOW PASTOR ASHIMOLOWO BECAME BIG IN REAL ESTATE
-
News2 years ago
A TENANT IS NOT ENTITLED TO REFUND OF RENT WHERE HE UNILATERALLY SURRENDERS TENANCY
-
General2 years ago
Seven Most Popular and Influential Young Real Estate CEOs in Nigeria
-
News1 year ago
Understanding the importance of a certificate of occupancy in land ownership
-
News1 year ago
Big C Properties Boss, Aforjama to be Honored as Anambra Real Estate Person of the Year
-
News1 year ago
LAND TITLE VERIFICATION EXERCISE IN OGOMBO
-
News2 years ago
RevolutionPlus Property Unveils New Executive Management Team
-
News2 years ago
Lagos socialite accused of unlawful demolition of N800 million property