At last, Bamanga Tukur resigns

Embattled National Chairman of the Peoples Democratic Party (PDP), Alhaji Bamanga Tukur, has resigned, THE PUNCH learnt.

A senior member of the divided National Working Committee of the party, who spoke with our correspondent in Abuja on Wednesday, said President Goodluck Jonathan will inform the meeting of the National Caucus of the party tonight in Abuja about the development.

With the resignation, Tukur has escaped being suspended from the party by the members of the NWC if he had refused to resign.

Tukur was to be suspended by about eight members of the NWC, while the National Executive Committee of the party would ratify his suspension on Thursday.

Meanwhile, the wife of the President, Mrs. Patience Jonathan is said to be scheming to install Tukur’s successor. The First Lady is said to be rooting for the appointment of the Minister of Transport, Sen. Idris Umar.

However, the governors are resisting the move.

Comments

Ogun plans low cost housing scheme

The Ogun State Housing Corporation has said that it is planning to deliver low and middle income housing estates across the state. In a statement, the corporation said its flagship scheme, Plainfields Estate, was already being developed as a community housing prototype that would provide the citizens an opportunity to buy into its plan over the next few years. According to the statement, the estate will, upon completion, have a variety of apartment units. The statement read in part, “The corporation will deliver houses and serviced plots across the three senatorial districts, but will avoid a blanket approach. “This means that these projects will be tailor-made to suit the needs of the locality and the market. Everyone who has recognisable means of livelihood in the formal and informal sectors is qualified to buy. “However, the corporation is keen to help those who need mortgages and who are first time buyers. Because our objective is to encourage home owne...

Quick fixes for quick profits in real estate

It has been said several times that ‘ideas rule the world’ and this holds true in real estate investing as well. We want to examine a time-tested idea that guarantees quick turnaround time and good returns on investment in most real estate markets. We’ll be examining guidelines for making a good return in rehabilitating and selling properties. First, you need to find a property that is in need of repairs or renovation but is located in a good area.

SURVEY OF PRICES OF PROPERTIES ON THE ISLAND

Sales price Rental per annum Lekki Phase 1 3 Bedroom flat N45m – N50m N2.5m – N3m 4 Bedroom wing of duplex N70m – N80m N3m – N4m Agungi 4 Bedroom detached house N45m – N50m N2.5m 3 Bedroom flat N40m N1.5m – N1.8m Chevy view 4 Bedroom terrace house N42m N2.5m 3 Bedroom flats N35m N1.6m Crown Estate 4 Bedroom detached house N30m – N40m N1.5m – N2m Thomas Estate, Ajah 3 Bedroom flat N25m N750k – N800k Abraham Adesanya 3 Bedroom bungalow N12m – N14m N700k – N1m 2 Bedroom bungalow N11m – N12m ...

Rullion's Blog

Search This Blog