News
Queenspark Estate in Crisis: Residents’ Pleas Ignored as Landmark Corporate Realty Fails to Deliver on Commitments
Residents of Queenspark Estate, in the fast developing community of Simawa Ogun state are fuming over unfulfilled promises and a deteriorating living environment, accusing the developer, Landmark Corporate Realty Limited of failing to deliver on crucial commitments.
The once-envisioned idyllic community now grapples with poorly maintained roads, shrouded in darkness due to the absence of promised streetlights. Beautification projects have vanished, leaving behind a sense of despair and disillusionment among property owners.
“We were promised a well-maintained, secure estate,” lamented Dr Joshua Odugbela, Chairman of the QueensPark Estate Residents Association. “But reality paints a different picture. Roads are riddled with erosions, and without streetlights, basic safety is compromised.
“During the marketing phase, Landmark Corporate Realty Limited also promised to build and maintain a good road network and good drainage system within the estate. These, like other promises encouraged many subscribers to invest with the company. But many years after the first construction started in the estate, none of these has materialized.”
According to the real estate investors, the promise to connect them to an electricity source was also not fulfilled. The Chairman said “Although a power transmitter was recently installed, the estate remains in darkness.”
Residents’ pleas for action have fallen on deaf ears, with Landmark offering empty promises and little tangible progress. This has pushed the community to its limit, prompting a public call for accountability.
“We’re urging Landmark to honor their commitments,” stated Dr Odugbela. “They have a moral and contractual obligation to deliver on what they promised. This isn’t just about amenities; it’s about the quality of life we were sold.”
In a press statement released by the residents, they vow to seek legal redress if the developer continues ignoring them. “Legal recourse remains a looming possibility if the situation fails to improve.
“We deserve better,” declared the Association Chairman. “We’re united in our pursuit of a fair resolution. Queenspark Estate residents won’t settle for broken promises and neglect.
“There have been cases of building materials theft in the estate, regardless of the pre-sale assurance of watertight security during and after construction.
“Although, some of these have been reported to the developer, there has not been any sign that the company is interested in the replacement of the stolen materials or in any form of compensation.”
The story highlights the plight of residents caught in a web of unfulfilled promises by most real estate developers in Nigeria. It sheds light on the community’s struggle for accountability and serves as a cautionary tale for potential buyers considering Landmark properties. The residents’ collective voice echoes a demand for fairness and a living environment that lives up to its promises.
Meanwhile, the developer, Landmark Corporate Realty Limited has reacted to the allegations saying that they only have a resident in the estate, and there has been no power supply in the community for a while, stressing that they are yet to install transformer in the area.
They also said the roads leading to the community is rough and sloppy that’s why the roads are yet to be fixed, but the company is moving back to site by next week to fix the roads, they also said the street lights have been installed, though some have stopped working but by next week their workers will return to site.
News
Senate confirms Oyedele as minister
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
The Senate has confirmed the nomination of Taiwo Oyedele as Minister of State for Finance.
His confirmation comes after two hours of screening as lawmakers grilled him on various aspects of the economy.
Oyedele’s screening followed a motion moved by Opeyemi Bamidele, the Senate leader, after he called for the suspension of the Senate rule to allow strangers to come into the chamber.
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
Oyedele was escorted to the chamber by Bashir Lado, the Special Adviser to the President on the National Assembly ( Senate), alongside others.
His screening followed President Bola Tinubu’s letter to the Senate on Tuesday, requesting his confirmation as a minister.
Tinubu had, on March 3, nominated Oyedele, who currently serves as chairman of the presidential committee on fiscal policy and tax reforms, as Minister of State for Finance.
News
Tinubu appoints Lamido Yuguda as CBN’s Deputy Governor
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
PRESIDENT Bola Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN)
The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.
This was disclosed on Wednesday by the presidential spokesman, Bayo Onanuga.
The President charges Yuguda to discharge his responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth.
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.
In 1991, he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.
He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.
He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.
He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.
He retired from the CBN in 2016, after he had served as Director of the Reserve Management Department for six years.
News
JUST IN: IGP Disu Assigns Portfolios to New DIGs
DIG Zachariah Fera Achinyan has been deployed to Legal Services, DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
The Inspector-General of Police (IGP) Olatunji Disu has assigned the new Deputy Inspectors -General of Police (DIGs) their duties responsibilities.
Sources said that the DIGs were assigned departments based on their areas of competence.
DIG Zachariah Fera Achinyan has been deployed to Legal Services,
DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
Similarly, DIG Margaret Agebe Ochalla has been posted to the Force Criminal Investigation Department (FCID);
DIG Mohammed Abdul Sulaiman to Finance and Accounts; DIG Kenechukwu Onwuemelie will oversee the Force Intelligence Department (FID); DIG Fayoade Adegoke will head Information and Communication Technology, while DIG Umar Shehu Nadada has been posted to Operations departments.
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