Tag: Infrastrure

Presidential Panel Sells Seven-storey FRCN Lagos Building for N100m
Infrastructure, News, Nigeria

Presidential Panel Sells Seven-storey FRCN Lagos Building for N100m

The Presidential Implementation Committee on Federal Government Landed Property has stated that it has the powers to sell or lease out any property of the Federal Government without prior knowledge of the ministry, department or agency using it. The PIC made this known to an ad hoc committee of the House of Representatives, which is investigating the abandonment of Federal Government property across the country. The Secretary of the PIC, Bala Sanusi, while speaking at the resumed investigative hearing of the committee, noted that it would be cumbersome for the presidential panel to inform all the MDAs of its intention to sell or lease out the over 25,000 property handed over to it. Sanusi said this while responding to questions on the sale of a property located on 45, Martins Stre...