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Federal Housing Authority warns against fake Festac land offers, confirms exclusive allocation rights

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Federal Housing Authority warns against fake Festac land offers, confirms exclusive allocation rights

The Federal Housing Authority (FHA) has issued a public warning regarding fraudulent land sale offers in Festac, Lagos, affirming its exclusive authority in allocating land in the area.

The warning follows a purported offer letter from New Festac Property Development Company Ltd., demanding N49,151,645 for a residential plot and claiming a partnership with the FHA to issue title documents.

This announcement was made in a statement released by FHA management on Wednesday, where the authority denied any involvement in the offer, reiterating that it alone has the authority to allocate land in Festac, backed by a global Certificate of Occupancy from the Federal Government.

“The attention of the Management of Federal Housing Authority has been drawn to a provisional Offer Letter for the sale of a plot of land at New Festac Town Phase II District, Lagos, on the New Festac Property Development Company Ltd signed by one Simon Egodigwe, for the company’s Managing Director. The said provisional Offer letter is demanding for the sum of forty nine million, one hundred and fifty one thousand, six hundred and forty five Naira, for a residential plot measuring 651.178 square meters, to be made in favour of New Festac Property Development Company Ltd, into a Wema bank account,” the statement read in part.

It added, “For the records, Federal Housing Authority is the owner of the entire land in Festac Town, Lagos, for which it was issued a global Certificate of Occupancy by the Federal Government. This makes FHA the only authority that can issue a letter of allocation on any land in Festac Town.”

The FHA further emphasized that any legitimate land allocation in Festac would be formally issued and signed by the FHA’s Managing Director and Chief Executive.

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The statement further clarified that while the Federal Housing Authority (FHA) entered into a partnership with New Festac Property Development Company Ltd. for the development of part of Festac Phase II, the project has not been finalized. Currently, only sand filling is ongoing at the site, with no formal agreements in place between the FHA and the company.

In this context, the FHA expressed concern over how New Festac Property Development Company Ltd. arrived at the land price being demanded from the public, as the total project cost is yet to be determined.
The Authority emphasized that it cannot verify the authenticity of the provisional offer letter circulating for the sale of land in Festac, advising the public to disregard the offer and refrain from engaging in any related transactions.
The FHA also reminded the public that it is the sole authority for issuing land allocation letters in its estates, with all such letters signed by its Managing Director and Chief Executive

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Adron Group Chairman Pays Glowing Tribute to Ogun First Lady at 60

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Adron Group Chairman Pays Glowing Tribute to Ogun First Lady at 60

The Chairman/GCEO of Adron Group, Aare Adetola Emmanuelking, KOF, has joined eminent Nigerians in celebrating the First Lady of Ogun State, Her Excellency, Mrs. Bamidele Abiodun, on the occasion of her 60th birthday, describing her as “an icon of courage, compassion and charisma whose life continues to inspire hope, uplift humanity and exemplify purposeful public service.”

In a goodwill message jointly signed by Aare Emmanuelking and his wife, Olori Aderonke Emmanuelking, the Adron Homes boss paid glowing tribute to the First Lady’s enduring legacy, noting that her six decades have been defined by commitment to humanity, exemplary leadership, and a remarkable ability to positively impact lives through humility, kindness, and compassion.

He described Her Excellency’s Diamond Jubilee as a fitting celebration of a woman whose life reflects the timeless qualities of the precious gemstone it represents, resilient, refined, enduring, and radiant through every season.

Aare Adetola Emmanuelking also acknowledged the First Lady’s steadfast support for the developmental aspirations of Ogun State, particularly her commitment to initiatives that have positively impacted women, children, and other vulnerable members of society. He described her contributions to public service and human development as enduring and worthy of national recognition.

He prayed that Almighty God would continue to bless Her Excellency with excellent health, renewed strength, abiding peace, and many more years of purposeful living, while granting her greater opportunities to continue touching lives and advancing the cause of humanity.

He wished the First Lady a joyous 60th birthday and a new decade filled with greater accomplishments, divine favour, and enduring fulfilment.

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Adron Group Chairman Hails Dapo Abiodun’s Leadership at 66

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Adron Group Chairman Hails Dapo Abiodun’s Leadership at 66

The Chairman/Chief Executive Officer of Adron Group, Aare Adetola Emmanuel King, has extended his warm congratulations to the Executive Governor of Ogun State, His Excellency Prince Dapo Abiodun, CON, on the occasion of his 66th birthday.

In a goodwill message issued to commemorate the occasion, Aare EmmanuelKing described Governor Dapo Abiodun as a visionary leader, accomplished administrator, and distinguished statesman whose purposeful and people-oriented leadership continues to foster remarkable transformation, progressive governance, and sustainable development across Ogun State.

He noted that Governor Abiodun’s steadfast commitment to infrastructural development, economic advancement, youth empowerment, and the overall welfare of the citizenry has significantly positioned Ogun State as a foremost destination for investment, innovation, and socio-economic progress in Nigeria.

“On behalf of my family, the management, and staff of Adron Group, I sincerely felicitate with Your Excellency, Prince Dapo Abiodun, CON, on the occasion of your 66th birthday. Your exemplary leadership, humility, and unwavering dedication to public service remain highly commendable and inspiring. Ogun State has continued to experience substantial growth and development under your administration, while your contributions to governance and human capital development are truly noteworthy,” Aare EmmanuelKing stated.

He further offered prayers for God’s continued grace, wisdom, strength, and good health for the Governor as he continues to render selfless service to Ogun State and the nation at large.

Aare EmmanuelKing also wished Governor Abiodun many more years of impactful leadership, peace, and fulfillment in service to humanity.

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Adron Homes Felicitates Muslims on Eid Celebration

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Adron Homes Felicitates Muslims on Eid Celebration

Adron Homes & Properties has congratulated Muslim faithful across Nigeria and around the world on the occasion of Eid, urging them to continue embracing the virtues of peace, sacrifice, love, and unity that the season symbolizes.

In a statement issued by the management of Adron Homes & Properties, the company described Eid as a sacred period that promotes spiritual renewal, compassion, gratitude, and harmonious coexistence among people irrespective of tribe, religion, or social status.

The foremost real estate company noted that the values of selflessness, obedience, and generosity demonstrated during the holy season remain essential ingredients for national growth and societal development.

According to the statement, Nigerians should use the festive period as an opportunity to strengthen bonds of brotherhood, extend love to the less privileged, and pray for enduring peace and economic prosperity in the country.

Adron Homes further reaffirmed its commitment to providing affordable luxury homes and building sustainable communities that promote comfort, security, and family values for Nigerians at home and abroad.

The company prayed for divine blessings, joy, and fulfillment for all Muslim faithful celebrating Eid and wished them a peaceful and memorable celebration.

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