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CelebritiesRussian Republic Of Chechnya Bans All Music Deemed Too Fast Or Too Slow by Globalinfo247(op): 4:43pm On Apr 08, 2024

PoliticsCBN Discontinues Practice Of Accepting Foreign Currencies As Collateral For Loan by Globalinfo247(op): 4:35pm On Apr 08, 2024

PoliticsLASG To Demolish $200 Million Landmark Beach Resort For Costal Highway Project by Globalinfo247(op): 7:58pm On Apr 06, 2024





The Lagos State Government is set to demolish a portion of the popular Landmark Beach Resort to give way for the coastal highway construction of the Lagos-Calabar road project.



This was contained in a letter to the proprietor of Landmark Beach Resort, Paul Onwuanibe, dated March 19, 2024, and signed by the Deputy Director (Development Matters Department) Tpl Shomolu O., on behalf of the permanent secretary of the Ministry of Physical Planning and Urban Development.



In the letter, Lagos state authorities notified Onwuanibe that he had seven days to leave his multimillion-dollar beach resort so it could be torn down.





LASG to demolish $200 million Landmark Beach Resort for costal highway project
Onwuanibe



Onwuanibe, 58, explained that the government said his Landmark Beach resort – a top-tier destination visited by about a million local and foreign visitors last year – had to be removed as it “falls within the right of way” of a planned 700-kilometer (435-mile) coastal highway designed to link the former capital city to Calabar, a port city near the border with Cameroon.



Onwuanibe told CNN he had obtained the land in 2007 before the plans for the coastal highway were drawn up, and felt a mix of emotions after receiving the demolition order, which also urged him to file compensation claims.




“One was amazement, second was concern and the third one was, ‘is this real or is this an April Fools’ (Day prank in) advance?’” Onwuanibe said.




The beach resort which is valued at over $200 million, according to Onwuanibe, is home to over 80 businesses and provides more than 4,000 direct jobs. It also generates over 2 billion naira ($1.5 million) in annual tax revenue.



Recall that the Lagos state government had written the company in two different national newspaper on the demolition.



See a copy of the letter below.

Follow link to read to more


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BusinessEarning ₦200K Monthly In Nigeria Is Better Than £2000 In UK - Allen Onyema by Globalinfo247(op): 8:19am On Mar 28, 2024

https://www.youtube.com/watch?v=S9-ScOLawvk?si=fIkCO1w7Z05It9Wh

Anybody earning N200K monthly in Nigeria is better than someone that is earning £2000 in the UK - Air Peace boss, Allen Onyeoma (video)

Allen Onyeoma, the CEO of Air Peace, has said that those who earn two hundred thousand Naira monthly in Nigeria are better off than those earning two thousand pounds in the United Kingdom.

He said this while appearing as a guest on TVC.

Speaking to the host about the economic crisis and strength of the Naira, Onyema said he agrees that the bulk of the issue is "artificial".

He added: "Go to London, if you earn two thousand pounds a month in London, you're a pauper. What two thousand pounds can afford you is like two thousand Naira."

He continued: "The person earning two hundred thousand Naira in Nigeria is better."

Onyema added that with earnings of 200,000, a Nigerian can afford a maid, a driver and other domestic staff.

He said he believes completely that the Naira has more value than is being projected when compared to other foreign currencies.

He added that Nigerians should stop demonetising the country.
https://www.instagram.com/reel/C5CCQLRNk4y/?igsh=NTc4MTIwNjQ2YQ==https://www.instagram.com/reel/C5CCQLRNk4y/?igsh=NTc4MTIwNjQ2YQ==

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