Connect with us

General

Dangote Laments N25bn Loss

Published

on

apapa roads

By Adedapo Adesanya

Group President/Chief Executive of Dangote Industries, Mr Aliko Dangote has lamented that his companies lost about N25 billion in revenue to the ‘notorious’ gridlock on the Apapa/Oshodi highway.

He said the amount was lost between 2017 and 2019, noting that he agreed to fix the road so as to bring succour to those doing business in the area, including himself.

About two years ago, Mr Dangote had an agreement with the federal government to fix the 35-kilometer road in Lagos for a 10-year rebate of N72.9 billion.

Some days ago, he took the Minister of Works and Housing, Mr Babatunde Fashola, on a tour to see ongoing work on the road. The Minister was impressed, commending the company for bailing government out.

The business mogul, while speaking during the inspection, said he expects the project to be completed before the end of year and should last up to four decades.

“We expect that by the end of 2020, the entire road network will be finished, you will have a road that will last for 40 years.

“This road will actually open up the economy. It will bring a lot of jobs and a lot of factories that have moved out will be able to move back,” he said.

In his remarks, Mr Fashola said, “Federal Government is dedicated to the speedy completion of the highway to provide a lasting solution to the problems of bad roads, and gridlocks.”

Speaking about the economic revival in the Apapa area, the Minister said, “Businesses have started coming back on Liverpool Road because the road closed earlier is now back. You will see more of that.

“All of the businesses that are shut on Creek Road will come back. We expect to see property redevelopment and property renewal once the road is completed.”

He also explained that the project will be creating wealth around the surrounding areas as trucks will be needed to convey different materials to the site of the construction, and also labour to help with the process, noting that the project has also seen over 600 people directly employed.

“Once the economy of Apapa returns, all the clearing and forwarding, shipping, newspaper companies and all others doing business will resume fully and the economy will bounce back,” he stated.

He lauded the private/public partnership scheme as shown between the federal government and Dangote and pointed out that section two of the project, which was not part of the original contract was already showing signs of failure, due to heavy traffic.

While inspecting the road around the Oshodi area, the Minister commented that, “We are at the Oshodi area now and one side has been concluded and opened to traffic and this is how we intend to continue to complete and open until we finish the entire road.”

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

General

Unlocking Profitability: The Benefits of Hiring a Property Management Company in West Palm Beach

Published

on

West Palm Beach Property Management

West Palm Beach’s vibrant real estate market beckons both seasoned and novice investors looking to reap substantial returns. However, property ownership comes with its fair share of challenges, including day-to-day maintenance, tenant relations, and the nuances of legal compliance. This is where the expertise of a property management company becomes invaluable. An efficient property manager can alleviate these burdens, permitting owners to enjoy their investments’ benefits with fewer headaches. Keep reading to discover how property management in West Palm Beach can enhance your real estate experience and profitability.

Unlocking Profitability: The Role of Property Management Companies in West Palm Beach

Property managers play a huge role in keeping rental properties profitable, especially in a competitive market like West Palm Beach. They handle the day-to-day work that often drains an owner’s time, from setting the right rental rates to advertising vacancies. Thanks to their knowledge of local trends, West Palm Beach Property Management teams help attract reliable tenants and keep units occupied.

They also serve as the bridge between owners and renters, managing everything from screenings and inspections to repairs and conflict resolution. By keeping properties well-maintained and responding quickly to tenant needs, they boost satisfaction and encourage long-term leases, ultimately protecting property value and strengthening steady cash flow for owners.

Enhancing Real Estate Value through Professional Property Management

Professional property management plays a key role in increasing long-term property value. These teams guide strategic upgrades and renovations that boost appeal and competitiveness in the West Palm Beach market. Consistent maintenance schedules protect essential features, prevent costly repairs, and support stronger property assessments. Skilled managers also anticipate market trends, directing improvements that align with evolving tenant expectations and help properties attract higher rents and responsible occupants.

By coordinating directly with contractors and service providers, they ensure all work meets professional standards while securing competitive pricing through established vendor relationships, giving property owners both savings and confidence in the care of their investment.

Streamlining Operations: How Property Management Saves You Time and Money

Property management services save investors valuable time by handling daily rental operations such as tenant acquisition, maintenance, and administrative tasks. Their expertise creates a streamlined system that frees owners to focus on growth or other pursuits. These firms also help reduce long-term costs through market knowledge, supplier discounts, and preventive maintenance that avoids expensive repairs.

They support strong financial performance with organized tracking of income, expenses, and profitability, making accounting and tax preparation easier. Their skill in budgeting and forecasting helps protect returns and keep investments on track, giving owners more flexibility while maintaining strong rental performance.

Attracting and Retaining Tenants with Expert Property Management Services

Property management companies play a vital role in attracting and keeping reliable tenants by using strong marketing tactics and thorough screening. Their tenant retention efforts, consistent communication, quick responses, and a respectful environment help reduce turnover and encourage long-term leases. Tenants feel more secure knowing they have a dependable point of contact for issues, which boosts satisfaction and stability.

Skilled managers also handle lease renewals and negotiations to maintain favorable terms. With deep awareness of tenant preferences and local market trends, they guide owners in adding desirable amenities that elevate a property’s appeal within West Palm Beach’s competitive rental market.

Navigating West Palm Beach’s Real Estate Legal Landscape with a Property Management Partner

Navigating property law and evolving regulations can be challenging for property owners, making legal compliance a complex task. Property management companies provide expertise in staying current with local, state, and federal laws, helping landlords avoid costly mistakes. They serve as advocates during tenant disputes or legal conflicts, managing issues professionally and, if needed, representing owners in court or negotiations.

These companies also draft and enforce comprehensive lease agreements, minimizing misunderstandings and fostering smooth landlord-tenant relationships. By implementing fair policies and rigorous safety measures, property managers reduce the risk of discrimination claims, safety violations, and other legal repercussions, ensuring both tenant protection and the long-term success of the property.

Altogether, engaging the services of a professional property management company in West Palm Beach is a shrewd investment in real estate success. Property owners benefit from the expertise that not only safeguards but also magnifies the potential of their assets, allowing them to enjoy the fruits of investment with minimal hassle.

Continue Reading

General

Pastor Ogbueli’s Abuja Night of Glory Holds Today

Published

on

Abuja Night of Glory

By Blaise Udunze

Momentum is gathering for the Abuja Night of Glory taking place today, Friday, December 5, 2025, at the main bowl of the Moshood Abiola National Stadium.

The crusade is being hosted by Dominion City Church headed by Pastor David Ogbueli and it starts by 7pm.

The all-night programme will feature dynamic worship leaders like Nathanial Bassey, Dunsin Oyekan, Theophilus Sunday, Chioma Jesus, Kaestrings, Sunmisola Agbebi Okeleye, Minister GUC, Ebuka Songs, Anthony Kani, and DC Angels.

Reputed as a teacher of righteousness and anointed minister of the gospel, evidenced by the miracles that have trailed his ministry, and one who champions the cause of the poor through empowerment initiatives, Dr. David Ogbueli will be joined by renowned ministers from within and outside Nigeria, including Evangelist Andres Bisonni, Dr. Charles Ndifon, Evangelist Dan Scott, Apostle Ikechukwu Nnajiofor, and several others.

Night of Glory has, in previous editions held across Nigeria’s cities, recorded remarkable results, such as immediate healings and freedom from chronic ailments, recovery of vision and movement after many years of paralysis, along with liberation from dependencies and emotional distress. Numerous participants have also shared testimonies of breakthroughs and big personal changes after the experience. Organisers state that this year’s event, in Abuja, is anticipated to exceed previous editions.

The event is intended for all individuals trusting God for divine intervention in any area of life.

Understanding the role of faith in the destiny of individuals and nations, a dedicated prayer session for Nigeria will take place during the crusade to tackle some of the current challenges being faced in the country and also to uplift he leaders and institutions before God.

Attendance is free, and registration is encouraged via the QR codes on event banners. Organisers expect a massive turnout as worshippers travel from across the country for what is anticipated to be a transformative encounter.

Adequate security and free transportation have been put in place ALL over the city of Abuja, while those outside Abuja are expected to join online.

Continue Reading

General

Rivers Speaker, 15 Other Lawmakers Leave PDP for APC

Published

on

rivers speaker Martin Amaewhule defect

By Modupe Gbadeyanka

The Speaker of the Rivers State House of Assembly, Mr Martin Amaewhule, has defected to the All Progressives Congress (APC).

At the plenary on Friday, Mr Amaewhule joined the ruling party from the opposition Peoples Democratic Party (PDP), along with 15 other members of the state parliament.

This development comes some months after they had earlier declared their support for the APC in the wake of a crisis with the state governor, Mr Sim Fubura.

The lawmakers had an issue with Mr Fubura, which led to a state of emergency declared on the oil-rich state by President Bola Tinubu in March 2025.

This embargo was only lift in September 2025 after the duration of the six-month emergency rule in the state.

A few days ago, members of the Rivers Assembly passed a vote of confidence on President Tinubu, backing him to remain in office till 2031, when he would have spent eight years in office if re-elected in 2027.

Announcing their defection today, the lawmakers pinned their decision on the crisis rocking the PDP at the national level.

It is not certain if their political godfather, Mr Nyesom Wike, who is the current Minister of the Federal Capital Territory (FCT), will join them in APC.

Mr Wike, who governed Rivers State from 2015 to 2023, has been accused of instigating the crisis in the opposition PDP. He was expelled from the party last month at a national convention held in Ibadan, Oyo State.

Continue Reading

Trending