News
Sanwo-Olu Urges Real Estate Synergy
Lagos State Governor, Mr. Babajide Sanwo-Olu, has called for synergy between the public and private sectors to strengthen the real estate industry in Nigeria.
He said his administration will continue to provide policy direction for the private sector for investments, adding that several measures have been put in place for physical planning and urban development to address the issue of building collapse.
Governor Sanwo-Olu spoke during a courtesy visit by leadership of the International Real Estate Federation – Nigerian Chapter (FIABCI-Nigeria), led by the President of FIABCI Africa and Near East Region, Mr. Adeniji Adele.
He said: “It is not only the government that can do it. It is the private sector that can take the lead. We will provide the policy direction, but the private sector must ensure that they continue to make those investments and organise themselves.
“For us, technology is one of the things that have signposted Lagos as one of the acknowledged technologically driven cities in the world. There is a report that came out about a week and a half ago that says Lagos is the highest receiver of growth in terms of technology.”
Speaking on the proposed 75th FIABCI World Real Estate Congress scheduled for July 9 to 13, Governor Sanwo-Olu expressed Lagos State’s willingness to provide necessary support for the event.
He said the event will provide an opportunity for stakeholders in real estate in Nigeria to further deepen the relationship with their peers in other parts of the world and government.
Speaking earlier, the President of FIABCI Africa and Near East Region, Adeniji Adele, said the 75th FIABCI World Real Estate Congress will be held in Lagos from July 9 to 13, noting that this is the first time the congress will be held in Sub-Saharan Africa.
Adele, who is the President of the Organiser Committee, said the conference will involve over 400 high-level participants from more than 40 countries, including government leaders, ministers, global developers, urban planners, investors and leading thinkers.
He said: “The choice of Lagos was not accidental. It was the result of a compelling case. Lagos represents the future of African cities: dynamic, resilient and rapidly transforming. It is the epicentre of innovation, infrastructure development, real estate investment and policy reform. This city’s ongoing evolution aligns perfectly with the 2025 Congress theme ‘Global Real Estate Renaissance’.
“This theme addresses the urgent need for transformative thinking and innovation in our sector. The congress will focus extensively on emerging trends such as proptech (property technology), which is revolutionalising how we build, manage and finance real estate. Lagos, with its thriving tech ecosystem, is uniquely placed to lead this conversation on the continent.
Thenewsnigeria.com.ng
News
Fresh Tension as Bandits Kidnap Monarch, Shot Wife
Suspected kidnappers have abducted the traditional ruler of Odo-Oriya community in Owo Local Government Area of Ondo State, Adeniyi Adelana, during an attack on his palace, as reported by Naija News.
The 60-year-old monarch was reportedly whisked away on Saturday night when armed men stormed his residence and dragged him into a nearby bush.
The attack also left his wife injured after she was shot in the right hand by the assailants.
According to Naija News, the Ondo State Police Command confirmed the incident in a statement issued by its spokesperson, DSP Abayomi Jimoh.
According to the police, the incident occurred at about 8:05 p.m. when approximately six armed men invaded the monarch’s residence under the cover of darkness.
“Preliminary reports indicate that at about 8:05 p.m. on the reported date, a group of approximately six armed men stormed the residence of Mr. Adeniyi Adelana, aged 60, the Baale of Ode Oriya Village,” the statement read.
“The assailants reportedly invaded the premises under the cover of darkness and forcefully whisked the victim away through a nearby bush path to an unknown destination.”
Jimoh said the monarch’s wife sustained a gunshot wound during the attack but was rescued and rushed to a medical facility for treatment.
“In the course of the attack, the victim’s wife sustained a gunshot injury to her right hand. She was promptly rescued and taken to a nearby medical facility, where she is currently receiving treatment and responding positively to medical care,” he added.
The command said security operatives had commenced a comprehensive search-and-rescue operation aimed at securing the safe release of the traditional ruler.
Following the distress report, the Divisional Police Officer of B Division, Owo, was said to have mobilised a joint team of police personnel and other security operatives to the scene.
“Upon receipt of the distress report, the Divisional Police Officer (DPO) of B Division, Owo, immediately mobilized a combined team of police operatives and other security personnel to the scene,” the statement said.
“A comprehensive search-and-rescue operation was immediately activated, with security operatives combing nearby forests, bush paths, and suspected escape routes in a determined effort to track the movement of the kidnappers, secure the victim’s safe release, and bring the perpetrators to justice.”
The police added that tactical deployments had been reinforced in the area and neighbouring communities to improve security and support ongoing operations.
The Commissioner of Police in the state was said to have directed all tactical units, intelligence assets and operational teams to intensify efforts to rescue the monarch and arrest those behind the abduction.
According to the command, the police remain committed to ensuring the victim is reunited with his family while those responsible face prosecution.
The command also urged residents to remain calm and continue with their lawful activities, while encouraging them to provide credible information that could aid the rescue effort.
The abduction is the latest in a series of violent attacks and kidnappings that have heightened concerns among residents across Ondo State.
Earlier this month, gunmen reportedly invaded Igbosi Community in Idogun, Ose Local Government Area, injuring several residents, destroying properties and abducting a nine-year-old boy identified as Oluwatobi, the son of a pastor.
In March, armed men allegedly stormed a government-owned primary health centre in the Oke Ijebu area of Akure and abducted at least six health workers during a midnight operation.
The same month, kidnappers reportedly abducted a council official and another resident in Akure North Local Government Area and demanded ransom for their release.
A health worker was also reportedly shot dead in Akure while his son was abducted, while another couple was kidnapped in Ilu-Abo community in Akure North in February.
News
BREAKING: Tinubu Reacts as Bandits Killed Army General
President Bola Tinubu has joined Nigerians and the Armed Forces in mourning the death of former Defence spokesperson, Major General Abubakar Rabe, who died in terrorist captivity.
In a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, President Tinubu expressed shock over the late general’s death.
Describing General Rabe as an officer with a distinguished military career, the President commiserated with his family, particularly his wife, who remains in the captors’ custody.
Tinubu also extended condolences to the Katsina State Government and the Nigerian Armed Forces.
“While the terrorists have done their worst, the government will never bow to their demand to release their members held by our security agencies,” the President said.
Reiterating his stance on June 12, Tinubu warned, “Bandits, kidnappers, and sponsors of terror should now surrender or face the full force of the Nigerian State.
“These windows of surrender will not remain open forever. And no mercy will be shown to those who trade in the blood of Nigerians,” Tinubu said.
While reassuring Nigerians that the enemies of the nation would soon become history, the President urged citizens to remain united.
“General Abubakar’s death should further serve as a defining moment in our battle against terrorists and insurgents.
“We must never negotiate with them on any terms, but continue to treat them as the greatest enemies of our dear nation who should never be spared,” Tinubu stated.
News
Gov Makinde Releases Fresh Updates on Kidnapped Oyo Schoolchildren
Oyo State Governor, Seyi Makinde, has provided an update regarding the schoolchildren and teachers who were abducted by suspected bandits in the Oriire Local Government Area.
He confirmed that the victims are still being held within the Old Oyo National Park region as security agencies continue their efforts to secure their release.
In his Newsletter No. 140, released on Friday, Governor Makinde reassured residents that the rescue operation is ongoing and emphasized that authorities remain committed to finding the victims.
He noted that it has been 27 days since the coordinated attacks on schools in the Yawota and Ahoro-Esinle communities, which has caused significant distress for many families.
The abductions occurred during attacks on the Baptist Nursery and Primary School in Yawota, Community Grammar School, and L.A. Primary School in Ahoro-Esinle on May 15. Acknowledging the pain and anxiety experienced by parents and relatives of the abductees, Makinde recognized that the prolonged wait has been difficult.
Makinde expressed understanding of the concerns within the affected communities, indicating that assurances from the government may not alleviate the worries of families awaiting the safe return of their loved ones.
The governor, however, maintained that security agencies are working round the clock to bring the victims home safely.
“Every credible lead is being pursued and every lawful measure is being deployed to secure the safe release of the abductees,” he said.
He explained that intelligence available to the government indicates that the victims are still within the wider Old Oyo National Park corridor.
Makinde noted that the vast forest, which stretches across about 2,500 square kilometres and cuts across several local government areas, has created major operational challenges for security personnel.
According to him, the difficult terrain requires careful planning, strategic coordination and patience to avoid putting the lives of the captives at further risk.
The governor also appealed to residents to remain alert and report suspicious movements to security authorities through the state’s toll-free emergency line, stressing that useful information from members of the public could assist ongoing operations.
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