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Banana Island

Lagos seals 56 illegal structures in Ikoyi, Banana Island

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The Lagos State Government has asked 56 property owners sealed in Ikoyi and Banana Island axis to produce their building plan permits and evidence of stage certification. The Commissioner for Physical Planning and Urban Development, Dr Idris Salako, said this in a statement released to newsmen by Mr Mukaila Sanusi, the spokesman of the ministry […]

Court orders final forfeiture of Diezani’s $37.5m Banana Island property to FG

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*Also directs forfeiture of $2.7m, N84.5m rent A Federal High Court in Ikoyi on Monday ordered the final forfeiture to the Federal Government, a $37.5million high rise building on Banana Island, Lagos, belonging to the former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. Justice Chuka Obiozor also ordered that $2.7m and N84.5m realised as rents […]