Connect with us

Travel/Tourism

Palton Morgan Selects BCL as Paramount Twin Towers Main Contractor

Published

on

BCL Palton Morgan Paramount Twin Towers

By Dipo Olowookere

Business Contracting Limited (BCL) has been chosen by Palton Morgan as the main contractor for Paramount Twin Towers, a magnificent mix-use masterpiece at Oniru Waterfront, Victoria Island, Lagos.

Palton Morgan, the parent brand of Grenadines Homes and Oceanna, disclosed that it picked BCL for the job because of its track records.

Speaking at an event to sign the contract, the Group Chief Operating Officer/Executive Director of Palton Morgan, Mr Nidal Turjman, disclosed that, “We have worked with them (BCL) on several projects and they have always delivered top-notch services timeously.”

“We launched construction of Paramount Twin Towers project with Trevi foundation as pilling contractor, and now we have BCL on board as the main contractor,” he added.

In his remarks, the Managing Director of BCL, Mr Roda Fadlallah, expressed gratitude at the opportunity to work with Palton Morgan again on the Paramount Twin Towers project and why he loves working with the company.

“Palton Morgan has a full package. They are very professional, transparent and readily available to help us sort out whatever challenge we encounter. It’s an organization that I find pleasure working with.”

“I am confident in the delivery of this project. From the design plan down to the materials that will be used, I don’t think any investor will be disappointed in the project’s outcome. All the apartments are finished with world-class materials and designed to provide adequate luxury living,” he stated.

Palton Morgan is a company that is focused on creating exquisite structures and aspirational lifestyles to advance lives and the real estate sector.

It started the Paramount Twin Towers project in 2021 in Oniru, Victoria Island. The luxurious property is a 160-unit high-rise development with first-class facilities for residential and commercial purposes.

It is one of the most desired sophisticated projects in the Nigerian luxury real estate segment and the Commercial Director of Palton Morgan Holdings, Mr Dimeji Olatunji-Audu, attested to this.

Hear him, “Since the project’s launch, Paramount Twin Towers has enjoyed good reception in the market with over 90 per cent of Tower A sold to discerning investors and first-time homeowners.

“This is why we have opened up the sales of Tower B with various unit options – Studio, 1 – 3 bed apartments & maisonettes.”

Palton Morgan, a parent real estate brand of Grenadines Homes, Oceanna and PropertyMart, has dedicated her resources to setting standards and breaking real estate records.

The company has committed itself to redefine the luxury market with transformative experiences through detailed designed architectures in its truest form.

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]

Click to comment

Leave a Reply

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

Travel/Tourism

US to Nigerian Travellers: Visa Overstays Not Good for Fellow Citizens

Published

on

Nigerian Travellers US Visa Overstays

By Adedapo Adesanya

The United States (US) has warned that visa overstays by Nigerian travellers could deny future opportunities for other aspiring applicants.

The United States embassy had earlier in February stated that compliance would help protect visa access for students and business travellers.

In a reminder statement posted on its official X handle on Monday, the US Mission in Nigeria advised that strengthening compliance helps protect visa access for students, business travellers, and families who travel responsibly.

“#Reminder: Visa overstays by Nigerian travellers can affect opportunities for their fellow citizens. Strengthening compliance helps protect access for students, business travellers, and families who travel responsibly. If you are aware of visa fraud, please report it to [email protected] or [email protected],” the statement read.

Last August, the Mission also announced that all non-immigrant visa applicants must now provide details of their social media accounts from the past five years.

In a statement, the embassy said applicants are required to disclose usernames or handles from every platform used within the period when completing the DS-160 visa application form.

“Visa applicants are required to list all social media usernames or handles of every platform they have used from the last 5 years on the DS-160 visa application form. Applicants certify that the information in their visa application is true and correct before they sign and submit,” the statement read.

The mission warned that omitting such information could result in visa denial and render applicants ineligible for future visas.

The DS-160 is the standard online form required for most US non-immigrant visas, including temporary business (B-1), tourism (B-2), student visas (F and M), and work-related categories such as the H-1B.

It insisted the new rules were designed to enhance security, they come amid repeated US criticism of governments accused of clamping down on free speech online.

Continue Reading

Travel/Tourism

Tinubu Okays 30% Debt Relief to Airlines, Orders Fuel Price Talks

Published

on

Tinubu 2026 budget

By Adedapo Adesanya

President Bola Tinubu has approved a 30 per cent relief ​on debts owed by local ‌airlines to aviation agencies and ordered talks involving fuel marketers, airlines, and ​regulators to reach a ​fair jet fuel price.

He had earlier agreed in principle ​to write off part of domestic ‌airlines’ debts to aviation agencies following successful talks with the Airline Operators of Nigeria (AON).

The group demanded a total waiver of debts owed to aviation agencies to cushion the effect of a 300 per cent increase in aviation fuel prices during a crucial high-level meeting with the Minister of Aviation and Aerospace Development, Mr Festus Keyamo and other critical stakeholders in Abuja.

Recall that the airlines had called off their impending strike due to commence on Monday over the rising cost of operations, particularly for fuel, triggered by the current Middle East crisis.

In an update on Thursday, Mr Keyamo said President Tinubu had approved the 30 per cent write‑off ​and tasked stakeholders, including fuel marketers, government representatives, airlines, and ​regulators, to reach a ​fair jet fuel price by Sunday.

Also, the federal government agreed to set up a committee to ​review taxes, levies and fees charged ​on domestic air tickets, to recommend cuts to ease ‌pressure ⁠on airlines and passengers.

Engagements among representatives from government, ​airlines, fuel marketers, and regulators will continue to agree on what the minister described as “fair and reasonable” pricing for jet fuel, ​with any ​outcome ⁠to be made public.

The cost of fuel has generally risen in the last two months due to the escalating war with Iran by the US and Israel, which has triggered one of the most severe energy shocks in decades. Oil prices are currently above $100 per barrel as markets react to escalating tensions and the risk of prolonged disruption.

At the centre of the crisis is the Strait of Hormuz, a chokepoint through which roughly one-fifth of global oil supply flows. With shipping constrained, the effects are cascading across the global economy, raising fuel costs, fueling inflation, and increasing the risk of economic slowdown across many economies. This is forcing airlines to raise fares, curb ⁠growth ​plans and rethink forecasts.

Continue Reading

Travel/Tourism

Nigeria Achieves 91.4% Safety Rating in ICAO Assessment

Published

on

aviation safety rating

By Adedapo Adesanya

Nigeria has received a 91.4 per cent aviation safety rating following the latest assessment by the International Civil Aviation Organisation (ICAO) Coordinated Validation Mission (ICVM), marking one of its strongest performances in recent years.

This was disclosed by the Minister of Aviation and Aerospace Development, Mr Festus Keyamo, who announced the development on Wednesday at his office in Abuja, describing it as one of the highest safety ratings Nigeria has achieved under ICAO evaluations since 1960.

He explained that the outcome follows a comprehensive audit in which all aviation agencies and airlines operating in the country were assessed and certified safe based on the findings of the ICAO visiting team.

Speaking further, Mr Keyamo attributed the success to President Tinubu’s deliberate policy and support for the aviation industry.

The ICVM team concluded its on-site safety oversight audit in Nigeria on Wednesday after beginning its review last week.

The exercise was carried out as a follow-up to the ICAO Universal Safety Oversight Audit Programme (USOAP), conducted between August and September 2023.

Mr Keyamo had on Wednesday disclosed key federal government interventions aimed at reducing the financial pressure on airlines following rising concerns over the cost of Jet A1 fuel and the threat of service disruptions in the aviation sector.

Mr Keyamo stated that President Bola Tinubu had approved a generous discount on certain outstanding fees owed to the government by airline operators after they threatened to shut down over a 300 per cent surge in jet fuel price

He explained that the decision is part of efforts to provide immediate relief to the sector and prevent a breakdown in air transport services.

Continue Reading

Trending