22092020 - S-Kaduna: No development without peace, unity— BUHARI

Vanguard, TUESDAY, SEPTEMBER 22, 2020 — 25
Developer boosts housing delivery
with Beaufort Park in Lekki, Lagos
By Kingsley Adegboye
D ISCERNING
investors and
prospective home owners
who are desirous of
acquiring and living in
the ‘New Lagos’ may have
had their dream come
true, following the launch
weekend of Beaufort
Park, a 72-unit threebedroom
plus boys
quarters residential estate
located on Ablag Avenue
(CMB Road) Off
Monastery Road, behind
Novare Mall, Lekki,
Lagos.
A partnership project
between Dayola Property
& Development
Company, developer and
promoter of the project,
and Shell East Staff
Investment Cooperative
Society Ltd known as
Coop East, major
subscribers to the multibillion
Naira housing
estate, and financed by
FirstTrust Mortgage Bank
Plc, sits on a hectare of
land.
At the ground breaking
of the sprawling project
by managements of
Dayola Property &
Development Company
and Coop East, the
Managing Director,
Dayola Property &
Development Company,
Dayo Olaiya, said the
residential estate which is
a premium affordable
fully
finished
development when
completed, is built for
discerning investors and
home buyers who are
eager to acquire and
enjoy living in the
developing area of the
Lagos Island metropolis,
adding that the project
will add value to the
investors and the
neighbourhood.
Describing the location
of the estate as new
Lagos, Olaiya said before
now, Victoria Garden City
Model of houses at Beaufort Park
VGC, was the reference
point along Lekki axis.
Disclosing that his
company has plans to
construct the road leading
to the estate, Dayola
Property boss noted that
infrastructure and
facilities expected in the
estate include power with
alternative power supply,
sewage treatment plant,
fibre optic (internet
connection), close circuit
TV, fire alarm system,
DSTV piping, water
treatment plant and
intercom.
Others are security post,
cleaning services, lawn
tennis court, basket ball
court, dedicated car park
spaces, children play
area, full tiled
surroundings, sanitary
fittings and kitchen
cabinet
Speaking earlier, the
President of Coop East,
Hyginus Onuegbu, who
explained the
involvement of his
cooperative society in the
project, said “When my
exco came into office, we
did a strategy session, and
part of the information
from that session is the
fact that currently, Lagos
is the fifth largest
economy in Africa, and it
will soon become the third
largest.
“We also looked at the
landmark in Lagos, size
and population of Lagos.
The landmark in Lagos is
smaller than some local
government areas in
Nigeria. Based on these
dynamics, we said Lagos
is the best place to do
business, because the
property market in Lagos
is the most valuable in
Nigeria and one of the
most valuable in Africa.
“Based on this
information, we then
decided that we must be
a major player in that
market. So, we opened an
office in Lagos in 2018 and
we began the journey.
Since then, we have
multiple developments in
Lagos. We have with
different developers in
various residential estates
in Lagos.
Onuegbu who said
Coop East is investing
N1.5 billion in Beaufort
Park, noted that “Our
interest in Beaufort Park is
that we saw Dayola’s
profile, his existing
projects, and we got
people to do a background
check on him.
We were convinced he
could give us value for our
money. After this, we also
carried out market survey,
and what is the value of
our members?
“So, from what we saw,
we agreed we could do
business with the
company. We felt this is
reasonable. And as I speak
with you, we have
between 55 and 60
members that have
subscribed to the project
already. I know that by the
time we finish this ground
breaking today, more of
our members will key into
the project”, Coop East
President stated.
Environmental pollution: Stakeholders, elder
statesmen must see to Ogoni clean-up — CISLAC
By Gabriel Olawale him,”Although a
framework for a definite
Civil
Society intervention was
Legislative provided in 2011 through
Advocacy Centre a report by the United
CISLAC, and its allies Nations Environment
have raised the alarm Programme UNEP, the
over the level of issues surrounding
politicking that has contaminated land,
enveloped the entire groundwater, surface
clean up process which water, sediment,
was conceived to restore, vegetation, air pollution,
remediate and public health, and
rehabilitate the people of industry practice are yet
Ogoni and the Niger unresolved, thus
Delta region as a whole. endangering the lives of
Speaking during a millions of hapless
media parley organized citizens in the area.
by CISLAC in “Several oil spills have
partnership with negatively affected
Cordaid, Executive human health and other
Director of CISLAC, receptors including land,
Auwal Musa, said that air and water resources,
four years after the leading to extensive
federal government socio-economic and
flagged off the muchacclaimed
Ogoni cleanup,
nothing tangible had
been achieved.
According
to
cultural impacts on local
communities in the area”.
Musa said that field
observations showed that
most lots had stopped
work long before
COVID-19 pandemic in
Nigeria, insisting that
“Some lots had stopped
work between September
2019 and January 2020,
reportedly over lack of
payments, while others
are still active, with
reduced staff capacity.
There have been
increased protests by
workers on sites.
“Evidence also exists
that workers have not
been paid because
contractors have not been
paid too. While
contractors lobby to be
paid, others have locked
their sites and embarked
on ‘no pay no work. What
this means is that the
institutional issues as
well as recommendations
and steps to be followed
in carrying out the
exercise have become
victims of senseless
politicking”.