



Updating your news feed...

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.







Governor Sanwo-Olu
?Want Tinubu, Gbajabiamila, IGP to intervene
By HENRY OVIE
Alaka Estate allottees on Wednesday urged the Managing Director of the Lagos Building Investment Company PLC (LBIC), Olusola Faleye, and his supposed contractor to cease forthwith any illegal construction on the demolished portion of the allotted land of Blocks 130 and 131.
?It is disheartening to find that against all forms of protocol, civility and respect to the Fundamental Right to own a property, which is enshrined in Section 43 of the 1999 Constitution as Amended, LBIC in cohort with some developers without any knowledge of the legal owners of the property, specifically on the 8th of February, 2025 went to level the site and began an illegal development on the land,? Alaka allottees said at a press conference through their solicitors, Samuel Shodipo and Associates.
They also urged the LBIC Managing Director to return to the agreement earlier had with the legal owners of the property and get to reach an agreement signed, sealed and delivered by the leadership of LBIC and the legal owners of the property before any construction under any guise can begin.
Alaka allottees descended on the LBIC Managing Director, accusing him ?and his co-travellers of wrongful appropriation? of their properties.
They accused the Lagos State Government officials of igniting crisis and working against the December 16 agreement.
?Shortly after the demolition, a meeting was held with the MD of LBIC on December 16, 2024, in their office wherein the MD agreed with the legal owners of the property after presenting their allocation letters, that an amicable resolution taking into concern the perspective of the legal owners of the property must have been reached. He then counseled the legal owners present at the meeting to meet, forge a collective stand and get back to meet with him on the way forward,? the allottees said.
They appealed ton Lagos State Governor, Babajide Sanwo-Olu, to call the LBIC Managing Director to order.
?It is no gain saying that the legal owners had their property demolished due to its dilapidated state as a result of the frequent flooding of the area whenever it rained, which unfortunately permeated the structure so much so that the building began to sink. Consequently, His Excellency Babajide Olusola Sanwo-Olu met with some of the legal owners of the building in 2019 and promised to demolish the said buildings, build a new structure on the land and handover the completed building to the original owners of the property,? the allottees said.
They also accused the LBIC Managing Director, the contractor and other cronies of the MD of plotting to forcefully take over the property.
?After a while that nothing seemed to be forthcoming from the initial discussion with the governor, LBIC came to demolish the property without carrying the legal owners of the property along on November 28, 2024,? they further said.



















