Jonathan's Centenary city conduit pipe for corruption – PDP #Abuja #City

The Peoples Democratic Party (PDP) has said the centenary city built during President Goodluck Jonathan administration is a blueprint for corruption and dismissed the claim that the centenary city was a public private partnership arrangement.

 

Speaking with newsmen weekend in Abuja, PDP national vice chairman South South, Dr. Cairo Ojougboh said a huge chunk of land was given to one man who went to incorporate the centenary city as a free zone, describing it as “crime personified.” Dr. Ojougboh said he had personally wrote a letter to President Jonathan on several occasions concerning the centenary city telling him it is wrong to create a free zone in the city centre, stressing that the issue of centenary city has made some Nigerians to believe that the PDP is a corrupt party.

“Find out. The centenary city is owned by one man and when he come he will start calling names; Abdulsalam Abubakar, this and that. If you go to the Corporate Affairs Commission, you will see the owner of the centenary city. There are two companies owned by one man who was in charge of the office of the SGF. And of course, personally, I severally wrote a letter to Mr. President telling him that this thing is wrong, that you cannot create a free zone in the centre of the city. </p><p>“That if you live in a free zone, you need visa to go in and out, that if you make the centenary city a free zone, you are going to deprive Nigerian industries of income and employment. In Dubai where you have free zones, the land belongs to the government.

 

Today, the certificate of occupancy of the so-called free zone is in bank fold that is what they used to be getting money to be building the free zones. It is such things that people begin to tag PDP as a corrupt party. “Somebody within that office called the SGF had impunity to tell Nigerians lies that the centenary city is a public private partnership arrangement; I mean it is a lie. In fact, huge chunk of land was given to only one man and it didn't stop there. He now went to incorporate the entity as a free zone.</p><p> Where have you ever seen it in this world? It is crime personified. “But we are going to re-build the party and if we don't tell ourselves the truth, we won't be able to rebuild the party. I have told you why the PDP lost the election.</p><p> But as a PDP member, I am telling you that PDP is not corrupt. But what I know is the issue of the centenary city which I know that, that place is a blueprint for corruption and that entity is corrupt. That is what I am saying,” he said. Dr. Ojougboh also questioned the release of over N700 million bailout package for states by President Muhammadu Buhari, saying: “the issue with it is the method of disbursement, did the National Assembly approve it? You see, this is where democracy comes in. Was it appropriated, that bail out? Does it have legal backing? The PDP is a party and is watching.”

Originally published by Dailytrust newspaper on Sunday 12th July Written by By Saawua Terzungwe


3 BED BUNGALOWS FOR RENT IN CBS ESTATE , VON , AIRPORT RD, LUGBE #ABUJA

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Situated near Trademore estate along airport road Voice of Nigeria axis is CBS Estate.

The estate is very serene and secure with all the basic infrastructure already in place .

Currently available are  IMG_5383

20 UNITS of 3 bedroom bungalows available for rent, in this exclusive estate. all bedrooms are ensuite, spacious with a large living room /dining room and kitchen. some of the bungalows have BQ's attached to them.

ideal for families relocating into Abuja who need proximity to the city  but also affordability.

it is 30 mins from the city centre.

Rent: N1.5 Million x 2yrs

 

for further information, CONTACT 08166966618


Prime Commercial property + Land for Sale #Kubwa #Abuja Asking Price N250 million call 08035428414

 

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Commercial building and Adjacent Plot of land  for commercial use in  a built up neighborhood for sale  in Kubwa, Abuja.  urgent sale!

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The property is ideal for a Bank as it is surrounded on all sides by banks

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It is a multi purpose building with four 2 bedroom flats at the top

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IMG_4632( almost complete 2 bedroom flats, in a densley populated area) 

 

 

 

 

 

 

 

 

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 The Property has a lower floor previously used as a supermarket but can easily be converted to a banking hall, or storage facility etc 

Ample Space and a wonderful opportunity for the right buyer.

All Docs regarding this property are available for viewing .

 

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For further Information on this property, please call 08035428414   or 08023111397 or 08033509095 


FOR SALE : AFFORDABLE UNITS OF 3BED SEMI DETACHED N15MILLION & 2 BED DETACHED BUNGALOWS AVAILABLE IN (KARU PHASE 2) ABUJA CONTACT 07054362534 OR 08032620112 OR 08064854871 EMAIL : INFO @ ABUJACITY.ORG

Population migration, new property finance packages, changes in property ownership laws and the growth in tourism has led to huge investment in the property market.

The rapid expansion of Abuja as a Regional and  international hub is bringing in more people.
Against this background of rising property prices, rental yields have increased sharply in recent years.
This is largely as a result of a serious shortage of accommodation.

Whilst there is ongoing major development, it is believed that more people will continue to flow into the region, gaining employment in the many new institutional, commercial and business centre’s due to open over the next couple of years.

This will provide a ready supply of tenants for the many residential complexes currently in construction and maintain strong rental yields.

Ultimately, all master planning will continue with adequate government controls so the demand to supply ratio is manageable.

Banks and financial institutions in Nigeria are expanding their mortgage options on a daily basis, the net effect is to lower the cost of borrowing.

Ultimately, Abuja City is set to prosper from the massive amount of investment, which in turn should invigorate the centre and eventually spread out way beyond our comprehension today.


What is needed now are Investors and Stakeholders.

Not just Investors for capital gains but investors in the future of Nigeria.
Abuja belongs to all, but you have to be ready for the challenges.

(CLICK ON PHOTO TO ENLARGE)

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ESPECIALLY FOR OUR CLIENTS IN THE DIASPORA, THIS PRESENTS A UNIQUE OPPORTUNITY TO OWN A HOME OR AN INVESTMENT PROPERTY  IN ABUJA.

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IN A MANAGEABLE ESTATE OF 16 UNITS AND A SWIMMING POOL THIS ESTATES IS IDEAL FOR SOMEONE RELOCATING BACK TO ABUJA AFFORDABLY.

30 MIN DRIVE INTO THE CITY CENTRE AND NEW ACCESS ROADS PRESENTLY BEING DEVELOPED.

HOUSE3POP CEILING AND OPTION TO COMPLETE BASED ON YOUR OWN TASTE.

 

 

 

 

 

 

 

 

All houses come with individual documents i.e c of O  which can be arranged for a fee.

Mortgage facilities can also be arranged on these properties 

For further information contact us on the numbers listed above.

 


Abuja's Shopping Mall, Comming real soon! Update

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If you drive past the site for the grand towers Abuja shopping mall, you will notice alot of activity. The annoucment was made recently of the plan to construct a major shopping mall in Abuja, Judging fro other examples I have seen across Africa particularly Johanesburg , Lusaka and Accra this promises to be full of potential.

 

Read more below

 

Grand Towers Plc has signed a contract of N2.9 billion with the Italian DTV Construction Company for the construction of the Abuja Shopping Mall.

The chairman of grand towers plc, Nze Chidi Duru and Managing Director of DTV, Mr. Piercano Bocciochio, both signed the contract agreement on behalf of their respective organisations at Grand Towers head office, Maitama Abuja.

Grand Tower plc has earlier declared that the company has so far generated N100b for investment in Nigeria during the facility visit to the site of the Abuja mall recently.

Speaking during the signing of the contract, Nze said they are happy to have pioneered a life changing experience in Abuja and to have great partners like Novare who have worked day and night to make the Grand Towers Abuja Mall a reality.

Nze said they had partnered with a leading specialist emerging market financial services company, Novare in South Africa to manage the Grand Towers Africa Fund and also partnered with Broll Nigeria, Group Five, Stanbic IBTC and shoprite.

“The Grand Towers Abuja Mall has been designed to offer a vibrant, convenient and safe shopping experience on level, and incorporates green building principles which are a first for Nigeria.The project is developed and financed by Grand Towers Plc and Grand Towers Africa Fund, which is managed by Novare,” he commented.

Derrick Roper, CEO, Novare, said they are proud to be associated with the new development, saying that Grand Towers Africa Property Fund focused on retail developments with reputable anchor tenants.

He said, “The fund’s first phase of investments is in West Africa, leveraging off the African expansion strategies of key South African and international companies. The fund aims for US dollar returns of 25% a year and we look forward to The Grand Towers Abuja Mall contributing to the achievement of that objective”.

Shoprite according to Nze will be the anchor food tenant at the mall, adding that the mall will also be home to a variety of international, national and local stores. “The mall’s retail mix includes fashion, speciality, electronics, sports equipment, furniture, home improvement, entertainment, health and beauty, food and banks. The centre will have in excess of 400 parking bays,” he concluded.

 

Update- 29th January

(Source: All Africa)

 

FCT Minister, Senator Bala A. Muhammed, has hailed Grand Towers Plc for its Grand Towers Abuja mall's project, which will kick off soon in the capital city.

The minister who was represented by Ibrahim Habu Sule, his senior special assistant on finance and economic matters, noted that the project will tremendously transform the shopping culture of residents in the city as well as reduce poverty and unemployment.

He said the project will give FCT residents options to shop for high quality variety products which will prevent many of them from travelling abroad thereby saving foreign exchange and time.

While reiterating government's effort to tackle infrastructural challenges in the country, the minister said the present administration will partner with serious minded developers who are interested in investing in the city.

He said FCTA has directed the department of development control to ensure that the grand towers comply strictly with regulations guiding land use in its construction of the mall. Mr. Jan Van Zyl, business development manager of Shoprite, the anchor tenant of the mall, said they are proud to be part of the project.

Grand Tower African Property Fund, Novare South Africa with Stanbic IBTC, DTV and Group 5 as partners, generated $100m for investment in West Africa with Nigeria as the primary focus and Abuja considered as the first beneficiaries of the fund.


Plots of Land for sale , Abuja

1)Airport Road, residential plot measuring about 800sqm @Lugbe phase 1 layout by FHA estate N800,000

2)Diamond Estate Masaka, serviced plots  N300,000

3)Residential plot measuring 900m2 FHA Lugbe, Abuja N7million.

4)Plot of Land Measuring ).43 hecters at Koroduma village, near International Market Karu , N25million

5)Residential plot of land in Pyakasa, measuring 1300m2, N5million

 

email : info@abujacity.com