General
Propertymart Allocates Plots to Subscribers at Fairmont Hilltop Estate
Subscribers to the Fairmont residential scheme, a home ownership initiative by Propertymart Real Estate Investment Limited, a leading real estate company, have commended the company for delivering on its promise of instant physical allocation of plots upon payment of 30 per cent initial deposits.
The subscribers gave the commendation at the weekend when they were allocated their plots of land at Propertymart’s The Fairmont Hilltop Estate, Alagbado, Lagos State.
One of the allottees, Suraj Wahab, praised the company for its commitment to helping prospective home-owners achieve their dreams of home ownership conveniently and transparently.
He said, “I commend Propertymart for staying the course. I knew the time they started the Fairmont Scheme at Arepo, but I never believed it would be a reality. I thought it was just a 3D imagery. Some weeks ago, when I went there, I was surprised that the structures I saw on display then were actually on ground and people have been living there. That was what spurred me to give this a try.”
Wahab also hailed the company’s consistency, noting that it’s not easy for a business to have survived 10 years if it wasn’t doing things right. “For a company to begin operations and still be waxing strong in 10 years means they are doing something right. Besides, there are solid pieces of evidence to show for their activities. It is commendable.”
Another investor, Lateef Raheem, who came with his wife and children, also praised Propertymart and The Fairmont Estate, noting that the company is bringing Magodo’s standard to Alagbado.
He said, “Fairmont Hilltop Estate is going to be an excellent location to build our home. We are looking at the standard of Magodo here in Alagbado, with the view and the structures. Propertymart is genuine, a big thump up for them.”
Also, an elated Mrs. Funke Balogun-Odu, another subscriber, said: “I just paid 30 per cent, and the allocation has been given to me. The environment is cool, it looks like a country home. I’m delighted with my relationship with Propertymart, and I will be telling others about The Fairmont Hilltop Estate.”
One of the early investors in the residential scheme, Mrs Ogechi Onyedum, expressed happiness and satisfaction with the estate, noting that, “The environment is very nice, serene and is on a hilltop which gives you a beautiful view. I can boldly say that Propertymart delivers on their promise, and I will refer them to others.”
While commending the beautiful location and Propertymart’s integrity, another allotee, Mrs. Adejoke Atiku, said it was a dream come true for because she didn’t believe initially that she would get her allocation once she paid the 30 per cent deposit.
“This estate is going to be a very standard place; I really appreciate the location. I know the company wants it to be a mega estate, and it will certainly stand out. The payment is instalment, and I’ve not been disappointed; there’s transparency in the process. Mere looking at this environment, I can see it’s going to be a megacity in a short while”, she enthused.
Speaking on the Fairmont Advantage Offer, Deputy Managing Director, Propertymart Real Estate Investment Limited, Mr. Abimbola Arasi, said it was a unique offer to help many more Nigerians own their homes while restating the company’s commitment to continue to develop innovative solutions to cushion the effect of harsh environment inhibiting home ownership.
He said, “The majority of our clients are amazed that we can come up with such an innovative idea to help them own their homes in this harsh economy. Many of our clients have been expressing gratitude over this product, but they should expect more from us because we are a customer-friendly organisation. We are always thinking of them, their needs, and how we can meet them.”
Arasi added that the offer is a pocket-friendly way of getting one’s home because, “once you make 30 per cent down payment, you sight your plot. In Africa, we believe that an individual only becomes a full adult when he/she owns a home, and we are committed to helping our clients meet this need. We encourage our prospects to pick on time before it’s exhausted.”
He further encouraged everyone interested in enjoying the offer to visit www.propertymartltd.com or send a mail to [email protected], as the offer will be closing soon.
The Fairmont Advantage Offer is the first-of-it-kind home ownership initiative in the Nigerian real estate sector that enables prospective subscribers to take ownership of their plots upon the payment of 30 per cent deposit which starts from N1.1million. An additional benefit is that the plan is flexible as subscribers are allowed to spread the remaining balance of outright price across six months after the initial deposit.
“The Fairmont” serviced plots strategically located in Arepo, Lekki-Ajah and Alagbado respectively, are not only affordable but also allow clients to live in safe, beautiful environments with well-defined perimeters.
Other positive features of The Fairmont by Propertymart are its eco-friendly environment, top-grade infrastructure including paved roads, CCTV, electricity, street lights, drainage and green areas amongst others.
General
Dangote Petitions ICPC, Seeks Farouk Ahmed’s Prosecution
By Aduragbemi Omiyale
A petition has been filed against the chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Ahmed Farouk.
The petition was written by the president of the Dangote Group, Mr Aliko Dangote, to the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
Mr Dangote asked the agency to look into the finances of the head of the petroleum industry regulator, alleging the man is living far above his legitimate means as a public officer.
In the protest letter filed by his legal counsel, Mr Ogwu Onoja (SAN), the businessman claimed the NMDPRA chief spent over $7 million to educate his children, four in number, in Switzerland.
The petition, dated and submitted on Tuesday, December 16, 2025, and received by the office of the ICPC Chairman, also claimed that Mr Ahmed paid upfront for a six-month period, without any lawful source of income to justify such expenditure.
It also alleged that NMDPRA boss used his office to siphon and divert public funds for personal gain and private interests, actions which he claimed had fuelled public outrage and recent protests by various groups.
“That Engr Farouk Ahmed has grossly abused his office contrary to the extant provisions of the Code of Conduct for Public Officers and, in doing enmeshed himself in monumental corruption and unlawful spending of Public funds running into millions of dollars.
“That Engr Farouk Ahmed spent without evidence of lawful means of income humongous amount of money of over 7million dollars of Public funds, for the education of his four children in different schools in Switzerland for a period of six years upfront,” a part of the petition read.
“It is without doubt that the above facts in relation to abuse of office, breach of the Code of Conduct for public officers, corrupt enrichment and embezzlement are gross acts of corrupt practices for which your Commission is statutorily empowered under Section 19 of the ICPC Act to investigate and prosecute,” another part added.
“Any public officer who uses his office or position to gratify or confer any corrupt or unfair advantage upon himself or any relation or associate of the public officer or any other public officer shall be guilty of an offence and shall on conviction be liable to imprisonment for five (5) years without option of fine,” it reminded the ICPC, urging it to act decisively by investigating the allegations against Mr Ahmed and prosecuting him if found culpable, stressing that the matter is already in the public domain, as this would help uphold justice and protect the image of the administration of President Bola Tinubu.
Mr Dangote promised to provide evidence to substantiate his allegations of corrupt enrichment, abuse of office and impunity against the NMDPRA chief when required.
General
Former Chief Justice of Nigeria Ibrahim Tanko Muhammad Passes Away at 71
By Adedapo Adesanya
A former Chief Justice of Nigeria (CJN), Justice Ibrahim Tanko Muhammad, has died at the age of 71.
Justice Muhammad reportedly passed away at a hospital in Saudi Arabia, about two weeks before his 72nd birthday, which would have fallen on December 31.
His death was confirmed on Tuesday in Abuja by the Bauchi State Governor, Mr Bala Mohammed, in a condolence message issued on Tuesday by his Special Adviser on Media and Publicity, Mr Mukhtar Gidado.
Governor Mohammed noted that Justice Muhammad was a distinguished son of Bauchi State whose life and career were marked by dedication, integrity, and an unwavering commitment to the rule of law.
“The late jurist was a venerable and accomplished legal icon who rose through the ranks of the judiciary with diligence and distinction, serving as a Judge of the High Court, Justice of the Court of Appeal, Justice of the Supreme Court, and ultimately as Chief Justice of Nigeria from 2019 to 2022,” he said.
According to the governor, Justice Muhammad was widely respected for his legal acumen, discipline, and immense contributions to the growth and development of Nigeria’s judicial system.
He added that the conferment of the national honour of Grand Commander of the Order of the Niger (GCON) on the late jurist was a testament to his outstanding service to the nation.
Mr Mohammed extended heartfelt condolences to the family of the deceased, his friends, colleagues in the legal profession, and the people of Bauchi State and Nigeria as a whole.
Also, the Nigerian Association of Muslim Law Students (NAMLAS) lauded the former jurist in its condolence message.
In the statement titled NAMLAS Condolence Message on the Passing of Hon. Justice Ibrahim Tanko Muhammad, GCON, Former Chief Justice of Nigeria, the association described his death as a monumental loss to the Nigerian judiciary and the nation.
“The Nigerian Association of Muslim Law Students receives with profound sorrow the news of the passing of Justice Ibrahim Tanko Muhammad, GCON, former Chief Justice of Nigeria. His demise is a monumental loss to the Nigerian judiciary, the legal profession, the Muslim Ummah, and the nation at large.”
NAMLAS described the late jurist as a towering figure of integrity, humility and unwavering commitment to justice, noting that throughout his judicial career, he exemplified fairness, courage and fidelity to the rule of law.
The association said that as Chief Justice of Nigeria, Muhammad discharged his responsibilities with wisdom and restraint, leaving behind a legacy that would continue to guide generations of legal practitioners.
Beyond his judicial service, NAMLAS highlighted his role as a mentor to young Muslim law students across the country, describing him as a fatherly figure and a source of encouragement.
“To NAMLAS, the late Chief Justice was more than a jurist; he was a fatherly pillar and a source of encouragement to Muslim law students nationwide,” the statement said.
The association extended its condolences to the family of the deceased, the Nigerian judiciary, the Federal Government and the Muslim Ummah, while praying for the repose of his soul.
Justice Ibrahim Tanko Muhammad served as Chief Justice of Nigeria from 2019 until his retirement in 2022.
General
Customs, NMDPRA Strengthen Interagency Efforts Against Fuel Diversion
By Adedapo Adesanya
The Nigeria Customs Service (NCS) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) are strengthening their collaboration to combat the diversion of petroleum products intended for domestic use and to safeguard Nigeria’s energy security.
This renewed partnership was highlighted during a meeting between Comptroller General of Customs, Mr Adewale Adeniyi and the NMDPRA Executive Director of Distribution Systems, Storage and Retailing Infrastructure, Mr Ogbugo Ukoha, at Customs House, Maitama, Abuja.
During the engagement, Mr Adeniyi reaffirmed the service’s commitment to strengthening inter-agency cooperation, particularly in safeguarding Nigeria’s domestic energy security and ensuring that petroleum products meant for local consumption are not diverted to neighbouring countries.
He noted that collaboration between both agencies had already produced measurable results, especially through Operation Whirlwind, which he described as a model for intelligence sharing, joint enforcement and coordinated field operations.
He said the Nigeria Customs Service remains fully aligned with ongoing reforms in the petroleum regulatory space and will continue to provide technical input, operational feedback and border management expertise to support the implementation of new guidelines being developed by the NMDPRA.
He commended the Authority for its efforts to harmonise legacy processes with the Petroleum Industry Act, stressing that clear and efficient export point procedures are essential as Nigeria moves from being a net importer to an emerging exporter of petroleum products.
“We welcome every initiative that strengthens energy security and ensures that the gains made in reducing cross border diversion are not reversed. Our shared responsibility is to protect national interest, support legitimate trade and maintain a transparent system that stakeholders can rely on. We will continue to work closely with sister agencies to achieve these outcomes,” he stated.
In his remarks, the Executive Director, Mr Ukoha, said the NMDPRA enjoys a longstanding and productive working relationship with the Nigeria Customs Service, noting that Operation Whirlwind remained the high point of that collaboration.
He explained that both agencies deployed personnel, exchanged intelligence and jointly monitored petroleum products in border corridors, leading to a marked reduction in cross border diversion.
Ukoha said the purpose of the visit was to brief the CGC on newly developed guidelines for designating export points for petroleum products as Nigeria’s refining capacity expands.
He said the NMDPRA is engaging key institutions, including Customs, the Central Bank of Nigeria (CBN), the Federal Ministry of Industry, Trade and Investment, and the Nigerian Navy, to ensure the guidelines reflect operational realities before implementation.
The NMDPRA executive recalled several field operations and strategic engagements with the Customs leadership, including the joint launch of Operation Whirlwind in Yola, where both agencies reinforced their commitment to curbing diversion and securing the domestic supply chain.
He added that while enforcement had played a major role in reducing irregular movements of petroleum products, the removal of fuel subsidy had significantly reduced the economic incentive for cross border smuggling.
According to him, the authority will continue to work closely with the Customs Service to sustain progress and ensure that petroleum exports are properly regulated without exposing the country to energy security risks.
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