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Propertymart Allocates Plots to Subscribers at Fairmont Hilltop Estate

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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.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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IHS Nigeria Revamps National Museum Lagos

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National Museum Lagos IHS Nigeria

By Dipo Olowookere

The National Museum in Lagos is wearing a new look, thanks to IHS Nigeria, a member of the IHS Holding Limited, which bankrolled the renovation of the facility.

The company, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, also ensured facilities at the museum were upgraded for the use of members of the public.

IHS Nigeria collaborated with the National Commission for Museums and Monuments to give the facility a facelift.

The overall aesthetic appeal of the museum site was improved, with an extensive restoration of the main gallery, which incorporates the installation of modern display and lighting systems, air‑conditioning units, a solar inverter system to enhance energy efficiency, and surveillance cameras to aid safety, security and operational performance across the facility.

The Minister of Art, Culture, Tourism and the Creative Economy, Ms Hannatu Musawa, at the commissioning, praised the organisation for supporting the long-term preservation of Nigeria’s cultural assets and heritage.

The Director General of the National Commission for Museums and Monuments, Mr Olugbile Holloway, also thanked IHS Nigeria for the renovation, saying the gesture goes far beyond bricks and mortar, as it is a profound commitment to preserving the soul of the nation.

“The National Museum Lagos is home to some of Nigeria’s most treasured antiquities, from the ancient terracotta of the Nok civilisation to the magnificent bronzes of the Benin Kingdom and the classical works of Ife.

“To restore this institution is to restore our collective memory. We thank HIS Nigeria for choosing to renew not just infrastructure, but the heritage, identity, and hope of our people.

“Their support ensures that generations of Nigerians yet unborn will walk through these halls and encounter the full greatness of who we are and where we come from,” Mr Holloway said.

In his remarks, the chief executive of IHS Nigeria, Mr Mohamad Darwish, said, “Having seen the rich historical and cultural heritage housed in this national museum complex, we believed it was important to go a step further after supporting the development of the digital museum, to also improve the aesthetics, security and structural integrity of the main physical complex.

“This aligns with our broader commitment to sustainable infrastructure development and the preservation of Nigeria’s history. I am proud of these renovations and that visitors, including tourists, researchers and art enthusiasts, can visit the museum to be immersed in Nigeria’s rich history in an environment that is safe, beautiful and welcoming.

“The artefacts can also now be better preserved, protected and presented in a way that celebrates the history they represent. I thank the National Commission for Museums and Monuments for this ongoing partnership, which continues to exemplify the power of a collaborative effort in driving innovation, fostering national pride, and enhancing the creative economy.”

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Kebbi Attack Claims 44 Lives Across Eight Communities

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kebbi attack

By Adedapo Adesanya

The Kebbi State Police Command says 44 people were killed following a coordinated attack on eight communities in Shanga Local Government Area of the North-Western state.

The affected villages include Gebe, Kalkami, Kawara, Kasoshi, Awaye, Tungar Rini, Binuwa, and Dabe.

In a statement issued on Friday, the Kebbi Police Command Public Relations Officer, Mr Bashir Usman, said it launched a statewide clearance operation.

Mr Usman said the operation followed the directive of the Inspector-General of Police (IGP) Olatunji Disu, aimed at preventing further banditry and violent crimes across the state.

The police stated that massive deployments of police personnel and other security agencies have been made to the affected communities, leading to the return of relative calm.

The command added that discreet investigations have commenced into the attack.

The ongoing clearance operation, according to the police, is targeting high-risk areas such as farmlands, forests, border communities, and remote settlements.

It also includes coordinated patrols, intelligence-led stop-and-search operations, and joint actions with other security agencies.

As part of the operation, the police said two AK-47 rifles were recovered along the Illo-Kamba axis, describing it as evidence of the effectiveness of intelligence-led policing.

The Commissioner of Police in the state, Mr Umar Hadejia, called on residents to remain vigilant and cooperate with security agencies by providing timely and credible information.

Mr Hadejia also urged traditional rulers, community leaders, religious bodies, and youth groups to support ongoing efforts to restore peace and strengthen security across the state.

Residents had reportedly appealed to President Bola Tinubu and Kebbi State Governor Nasir Idris to take decisive action to restore security in the area and enable displaced residents to safely return to their homes.

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TUC Calls for 60% Oil Windfall Allocation to Cut Petrol Costs

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festus osifo TUC

By Adedapo Adesanya

The Trade Union Congress (TUC) of Nigeria has proposed that the federal government deploy at least 60 per cent of excess crude oil revenue above the budget benchmark to subsidise feedstock for local refineries, including the Dangote Refinery.

The President of the group, Mr Festus Osifo, made the proposal in Abuja yesterday, warning that the rising cost of petrol has placed unbearable pressure on households and businesses and that such urgent measures remain necessary to ease economic hardship on Nigerian workers.

Mr Osifo explained that crude oil prices above the budget benchmark of $64.85 per barrel currently generate excess revenue shared among the three tiers of government.

He argued that redirecting a significant portion of this surplus into subsidising crude supply for domestic refining would reduce production costs and translate quickly into lower pump prices for petrol, diesel and aviation fuel.

The labour leader noted that the sharp increase in fuel prices, exacerbated by global supply disruptions linked to geopolitical tensions, has worsened transportation costs and manufacturing expenses, ultimately driving up the prices of goods and services.

According to him, the situation risks reversing the modest decline in inflation recorded in recent months.

He said, “We are seeing that the cost of petroleum is edging towards N2,000 per litre, and Nigerian workers are facing excruciating pain as we speak. What we are saying is that if crude oil prices exceed the budget benchmark, let the government take at least 60 per cent of that excess and use it to subsidise crude supplied to Dangote Refinery and other local refineries.

“When you subsidise production directly, it reduces the cost of feedstock, and that will translate immediately to a reduction in the pump price of petroleum products. When this is done, I can assure you that within one to two weeks, the prices of PMS, AGO, and jet fuel will go down, and Nigerians will begin to feel relief.”

Mr Osifo also stressed the need for immediate relief measures, alongside long-term investments in alternative energy such as compressed natural gas (CNG). While acknowledging government efforts to introduce CNG-powered buses, he said inadequate infrastructure remains a major challenge limiting their impact.

He also expressed concerns over the persistent insecurity across the country, urging the government to prioritise investment in modern security equipment and technology while commending security agencies for their ongoing efforts.

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