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Union Bank And Olumegbon Chieftaincy Plan Billion Naira Development Scheme At Lekki Peninsula.

Asia Africa Intelligence Wire

| January 12, 2001 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The News (Nigeria) - AAGM)

Byline: Olutayo Olubi

Deal For Land Owners In Lagos State, especially in the choice area of Lekki in Eti-Osa Local Government, land-owning families are investing more in billion naira estates that maximise the use of the resource. The practice was initiated by the Oniru Chieftaincy Family and is being widely embraced by other land-owning families, most of who rule Lagos.

Last week, a delegation visited the Oba of Lagos, Rilwan Babatunde Akiolu 1, to intimate him of the latest project in the real property development that is redefining the Lekki landscape. The delegation comprised representatives of the Olumegbon …

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