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
Dangote Refinery IPO: SEC Warns Investors, ‘Don’t Pay Into Wrong Hands’
The warning effectively places investors on notice that interest in the IPO should not override basic due diligence, particularly in verifying where subscription applications are submitted and where payments are made.
• Aliko Dangote , flanks by her daughters and capital market regulators, during the gong opening ceremony on the NGX, Monday September 14,2026
The Securities and Exchange Commission (SEC) has warned prospective investors in the Dangote Petroleum Refinery and Petrochemicals Initial Public Offering (IPO) against fraudsters and unauthorised platforms seeking to divert subscription funds.
The warning came as the refinery’s was quoted on the Nigerian Exchange Limited (NGX) on Monday, September 14, 2026, marking a major milestone in the company’s planned public offer.
With strong public interest expected around one of Nigeria’s largest capital-market offerings, the SEC urged investors to deal only with officially designated and approved receiving agents, subscription channels and platforms.
“The public is hereby advised to exercise caution and ensure that all applications and payments relating to the IPO are made only through the officially designated and approved receiving agents/subscription channels and platforms,” the Commission said.
The regulator’s alert highlights growing concerns over the possibility of fake investment websites, cloned platforms, fraudulent payment channels and individuals posing as authorised agents to exploit the huge interest generated by the Dangote Refinery offer.
The SEC therefore advised prospective investors to obtain information about the IPO only through the Commission’s official channels, the issuer’s official channels and other channels specifically established and approved for the offer.
The warning effectively places investors on notice that interest in the IPO should not override basic due diligence, particularly in verifying where subscription applications are submitted and where payments are made.
News
Bamanga Tukur, former Adamawa gov, ex-PDP Chair dies at 90
Tukur, who died three days before his 91st birthday, was one of the prominent political figures whose career cut across Nigeria’s military and civilian administrations, the private sector and continental business circles.
BAMANGA Tukur, former National Chairman of the Peoples Democratic Party, PDP, and former governor of Gongola (now Adamawa)State, is dead, aged 90.
Family’s sources confirmed his death on Saturday, although details surrounding his passing were not immediately made public.
Tukur, who died three days before his 91st birthday, was one of the prominent political figures whose career cut across Nigeria’s military and civilian administrations, the private sector and continental business circles.
Born on September 15, 1935, he began his public service career at the Nigerian Ports Authority, NPA, where he served as General Manager from 1975 to 1982.
He moved into elective politics and won the Gongola State governorship election in 1983, but his tenure was cut short by the military coup in December of the same year.After leaving office, Tukur turned to business and founded BHI Holdings, popularly known as the DADDO Group of Companies.
He later returned to government as Minister of Industries between 1993 and 1995 under the military administration of General Sani Abacha.Tukur also played prominent roles in African business and economic affairs, serving as Executive President of the African Business Roundtable and Chairman of the NEPAD Business Group.
He held advisory positions with several international trade organisations.
In March 2012, he returned to partisan politics when he was elected National Chairman of the PDP with the backing of then-President Goodluck Jonathan.
His tenure, however, was overshadowed by prolonged internal disagreements within the party, culminating in his resignation as national chairman in January 2014.
News
Albert Horsfall, Ex-SSS Director-General dies
“Details of funeral arrangements and other related activities will be communicated in due course.”
A former Director-General of the State Security Service and pioneer Director-General of the National Intelligence Agency, Albert Horsfall, has passed on.
Horsfall’s death was announced in a statement released on Friday, signed by his son, Donald Horsfall, and obtained by our correspondent.
According to the statement, the transition of the elder statesman and great son of Rivers State occurred peacefully, describing him as a “beloved patriarch.”
While the family mourns his death, the statement said they would be comforted by the extraordinary life he lived and the indelible mark he left on the sands of time.
“Details of funeral arrangements and other related activities will be communicated in due course,” it added.
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