General
Propertymart Allots Plots to Fairmont Hartland Estate Subscribers
By Modupe Gbadeyanka
Subscribers of the Fairmont Hartland Estate, Itele, Off Alagbado, Sango Ota, Ogun State, have been allotted their plots of land by Propertymart Real Estate Investment Limited, a subsidiary of Palton Morgan Holdings.
The prospective landlords commended the company for fulfilling its promise and for providing a means for Nigerians to have access to affordable housing, which they said will go a long way to reduce the huge housing deficit in the country.
Fairmont Hartland Estate, strategically located Off Alagbado, is a premium serviced plot estate in the heart of the new Lagos that gives owners a feel of a fine country living.
Its attraction is mainly its green, eco-friendly environment with houses tucked within well-cultivated gardens, and top-notch infrastructures which include paved roads, electricity, streetlights and security cameras, as well as a well-planned drainage system.
During the presentation of the allocation documents recently, one of the subscribers, Engineer Sylvester Omirona, lauded the company for the impressive Fairmont Hartland Project, saying, “When I looked at the layout and infrastructure of this estate, I got very much interested. I want to commend them for their great customer service. I’ll definitely choose Propertymart again when next I want to do any real estate business.”
Mr Kelvin Ajayi, who heard about the land through a friend, also praised Propertymart for the estate layout, environment and accompanying facilities.
“I subscribed to Fairmont Hilltop Estate, and I loved everything about it. I fell in love with the road infrastructure and the greenery. Also, the security here is good. I even referred them to three of my friends who bought the Fairmont Hilltop plots while a friend also bought plots here at Fairmont Hartland,” he said.
For Mr Smith Habeeb, another satisfied customer, his delight is with the location of the estate and potential returns it will yield on investment.
He said, “I heard about this property from a friend and I decided to buy some plots here as a form of investment. It’s situated in a good location, and I know it will yield me great returns in the future. The allocation process was smooth. I definitely endorse them.”
Further affirming the fitting location, Mrs Adeola Oshinowo, who stood in for her brother-in-law, Mr Adewale Oshinowo, said “I love the atmosphere and the topography of the land.
“It is a serene environment, and secure from the hustle and bustle of Lagos… even in 100 years, this place will still be there. It’s not a swampy land, two to three generations will still be able to make use of the property. I’m passionate about Ogun State, and the location is just a stone throw to Lagos State.”
Mrs Edema, who came with her husband for the physical allocation, was thrilled to receive her plots of land in the estate: “I am already a part of the Propertymart family. One of the salespeople introduced me to the Fairmont Hilltop Estate, which I bought. When the Fairmont Hartland came out, she called me again, and we grabbed the opportunity to purchase another land. Their customer service is wonderful, and they are trustworthy. I even plan to go to Ibeju Lekki to buy some more of their properties there.”
Another subscriber, Mr Adetayo, affirmed Propertymart’s integrity, saying “I tried them out because of their excellent customer service. The allocation process was seamless. They said it, and they kept to their word. I am happy, and I must say it’s a promise fulfilled.”
Speaking about the allocation exercise, the Group Head of Customer Service at Palton Morgan Holdings, Mr Adeyemi Adebambo, said the swift allotment of plots is part of the company’s desire to satisfy its customers without making life difficult for them.
He said, “Customer satisfaction to us is not arbitrary. In the real estate business, people are looking to acquire property with the least amount of stress. That makes us intentional about our relationship with our customers, and we deliver on their expectations in every way.”
Mr Adebambo added that the Fairmont Hartland is a scenic and serene estate with unique life-enriching infrastructures, offering value to buyers.
“We have allocated over 6,000 plots to our subscribers since inception, and they are happy to own properties in this estate because they are sure of getting value for their money. Within the next few years, the value of this estate would have tremendously increased. This is another new Lagos we are developing here,” he said.
By Adedapo Adesanya
President Bola Tinubu is expected to be among the leading public figures attending the next edition of the Africa CEO Forum, which will take place on May 14-15, 2026, in Kigali, Rwanda
A strong Nigerian private-sector delegation will also take part, including Mr Aliko Dangote, Mr Wale Tinubu, Mr Ofovwe Aig-Imoukhuede, Mrs Adesuwa Ladoja, Mrs Rachel More-Oshodi, Mrs Zouera Youssoufou, Mr Karim Noujaim, Mr Dany Abboud, Mr Ayo Otuyalo and Mr Chukwuerika Achum. Nigeria’s Coordinating Minister of Health and Social Welfare, Professor Muhammad Ali Pate, will also be present.
According to a statement on Tuesday, the 2026 edition will convene in Kigali to address a defining question for Africa’s future: how to achieve the scale necessary to compete, integrate and thrive in a fragmenting world.
It comes as global power dynamics continue to evolve, while the ability of Africa to rely on competitive, agile and internationally integrated corporate champions has become a defining corporate imperative. In this shifting global landscape, one lesson is clear: scale is no longer optional. It is the first line of defence.
Organised by Jeune Afrique Media Group and co-hosted by the International Finance Corporation (IFC), the Africa CEO Forum 2026 will convene Africa’s leading public and private decision-makers around a clear conviction: scale can only be achieved through shared African ownership.
The Forum will explore three strategic levers to build continental scale. First is shared equity, which will look to unlock cross-border equity investment to create multinational African champions. Mobilise African institutional capital across markets to strengthen resilience and enhance long-term returns.
Also, is shared infrastructure, which will take on designing complementary infrastructure to integrate African value chains. Champion transformative projects that serve regional, not merely national, needs and create truly connected markets.
Thirdly is shared frameworks, which is set to harmonise standards, rules and regulations to boost investor confidence and enable the free flow of capital, goods and services. Build future-proof digital rails for health, education, agriculture and cross-border payments.
Speaking on this, Mr Amir Ben Yahmed, President of the Africa CEO Forum, stated: “If Africa wants to compete in a world defined by scale, it must move beyond economic patriotism and embrace a new model: African capital investing together. Shared ownership, cross-border partnerships and continental ambition will define the economic future of Africa and the next generation of African champions.”
On his part, Mr Makhtar Diop, Managing Director at IFC, stated: “Africa has the capital and the opportunity to grow and create quality jobs. What matters now is putting that capital to work at scale. That means building trust, sharing risk, and investing across borders. The Africa CEO Forum brings leaders together to connect policy and private investment, and to help shape Africa’s next phase of growth.”
By Adedapo Adesanya
The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, has directed the Nigerian Shippers’ Council (NSC) to investigate the allegations of systemic efforts to undermine local barge operators at the nation’s seaports.
The Minister issued the directive during the recent 2026 First Quarter Citizens/Stakeholders’ Engagement, Sectoral Performance Review, and Ministerial Management Retreat of the Federal Ministry of Marine and Blue Economy, held in Lagos.
During the engagement, representatives of barge operators alleged that there was a coordinated and deliberate attempt by certain foreign interests to edge them out of business.
According to the Special Adviser to the Minister, Mr Bolaji Akinola, they claimed that these actions, if left unchecked, could significantly weaken local capacity and disrupt the balance of competition within Nigeria’s maritime logistics chain.
The operators expressed concern that policies, operational bottlenecks, and preferential treatment allegedly being accorded to some foreign-linked entities by certain terminal operators were creating an uneven playing field.
According to them, these challenges are gradually eroding their market share and threatening the survival of indigenous businesses.
Responding to the concerns, the minister emphasised the federal government’s commitment to protecting local investments and ensuring fair competition within the maritime industry.
He directed the council, as the port economic regulator, to carry out a thorough and impartial investigation into the claims.
Mr Oyetola stressed that any form of anti-competitive behaviour or policy inconsistency that disadvantages Nigerian businesses would not be tolerated.
The minister also reiterated the importance of stakeholder engagement as a platform for identifying sectoral challenges and shaping responsive policy interventions, stressing that the government remains focused on strengthening the marine and blue economy sector as a driver of national growth, job creation, and sustainable development.
By Modupe Gbadeyanka
The presidential candidate of the Labour Party (LP) in the 2023 general elections, Mr Peter Obi, has asked to know the real beneficiaries of the repeated payments made by the federal government to settle outstanding debts in the power sector.
Over the weekend, President Bola Tinubu approved the payment of N3.3 trillion for the “full and final” payment for debts in the electricity sector.
The action, according to a statement issued by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, was to ensure improvement in electricity supply in the country.
In a post on Tuesday, the former Governor of Anambra State questioned why the government is allegedly making the same payment it announced almost two years ago.
“On May 17, 2024, N3.3 trillion was approved for the same purpose. On July 25, 2024, another N4 trillion bond was approved to settle similar debts. There have also been other approvals in between, all targeted at addressing the same power sector liabilities.
“This raises a fundamental question: were the previous approvals mere announcements without execution?” he queried.
“During the 2023 campaign, President Bola Tinubu made a clear promise: that if he failed to deliver stable electricity, Nigerians should not re-elect him.
“Today, the reality is that power supply has worsened to the extent that there are even discussions about disconnecting the Presidential Villa from the national grid.
“Each time legitimate concerns are raised, what we see appears more like policy pronouncements than measurable progress.
“Now, again, we are confronted with another N3.3 trillion approval to settle power sector debts,” Mr Obi further said.
The chieftain of the African Democratic Congress (ADC) said, “These debts were largely accumulated under successive administrations of the All Progressives Congress between 2015 and 2025. This raises serious concerns about accountability, transparency, and effectiveness in public financial management.”
“It is important to note that government institutions and agencies, including the Presidential Villa, owe a significant portion of these debts. Year after year, budgets were made and funds appropriated. Why then were these obligations not settled when due? And from what source will this new payment be made? Are we resorting once more to borrowing to service inefficiencies?
“Key questions remain unanswered: How did the debt accrue? What is the actual total debt in the power sector? Which components of the debts are due to operators’ inefficiency and should be borne by them? Why have previous approvals not translated into tangible improvements? Who are the real beneficiaries of these repeated payments?
“Is the N3.3 trillion approved on April 6, 2026, the same as the N3.3 trillion approved in May 2024, and how does it relate to the N4 trillion bond approved in July 2024?
“Nigeria must move beyond recycled announcements and confront the power sector crisis with sincerity, transparency, and decisive reforms.
“Until we do so, we will remain trapped in a cycle of debt and darkness.
But with discipline, accountability, and the right leadership, a new Nigeria is still possible,” he wrote.
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