LAGOS HOTEL, 3 OTHER PROPERTIES FORFEITED BY DRUG KINGPINS AUCTIONED AT N6.1BILLION.(PHOTOS). #PRESS RELEASE.

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 Lagos hotel, 3 other properties forfeited by drug kingpins auctioned at N6.1billion *- It’s a clear message that cartels won’t be allowed to enjoy proceeds of their criminal trade, says Marwa*  A Lagos hotel and three other properties seized from drug kingpins by the National Drug Law Enforcement Agency (NDLEA) and forfeited to the Federal Government through court processes have been auctioned for the sum of Six Billion One Hundred and Forty- Eight Million Nine Hundred and Sixty-Four Thousand Naira (N6,148,964,000.00) only. This was the outcome of a competitive bid process for the sale of eight assets forfeited by drug barons in parts of the country. While bidders who offered above reserved prices emerged winners of four of the listed properties, bids for four others failed because none offered up to the reserved prices. Announcing the winning bids at the bid opening ceremony attended by representatives of ICPC, Civil Society Organisations, auctioneers and bidders at the NDLE...

ANAMBRA PRESSURE GROUP DECRIES HIGH COST OR HOUSE RENT SAYS TWO-BEDROOM FLAT WITH A PARLOUR NOW GOES FOR BETWEEN ₦1 MILLION AND ₦3 MILLION IN AWKA. (PHOTO).


 Anambra pressure group decries high cost or house Rent says two-bedroom flat with a parlour now goes for between ₦1 million and ₦3 million in Awka


Tenants across Anambra State have raised an alarm over what they described as arbitrary and exploitative rent hikes, announcing the formation of a Pressure Group aimed at confronting alleged abuses by landlords, property agents and house managers


The group was unveiled on Monday in Awka as a platform to address intimidation, harassment and what members called indiscriminate charges imposed on tenants in major cities across the State.


Speaking on behalf of the group, its convener, Paschal Candle, said tenants were being subjected to excessive rent increases ranging from 150 to 300% alongside multiple fees such as caution fees, legal fees, security fees and agency commissions far above acceptable limits.


According to him, property agents now charge between 5 and 15% while landlords continue to raise rents without regard for prevailing economic realities.


He cited Awka as a major example, noting that a two-bedroom flat with a parlour now goes for between ₦1 million and ₦3 million, often described as “Lekki standard,” with additional agency fees still demanded.


Candle said the situation had left low-income earners — including civil servants, petty traders and workers earning between ₦77,000 and ₦140,000 monthly — in severe distress, with many families struggling to secure or retain accommodation.


He contrasted the situation in Anambra with recent developments in other States, noting that Enugu State had introduced a new tenancy law, Ebonyi State had banned agency fees entirely, and Lagos and Delta States had tenancy laws aimed at curbing excesses in the housing sector.


The convener disclosed that the platform would establish a technical team to develop a strategic framework and draft resolutions to be presented to the Anambra State Government and the State House of Assembly.


He also said the group would study the existing Anambra State Tenancy Law and make its provisions accessible and understandable to the general public.


Membership of the platform, he said, is open to tenants in all cities across the State.Candle urged unity among members, describing the initiative as a collective struggle for fairness and justice in the housing sector. “One for all, all for one,” he said, while calling on the government to urgently intervene to protect vulnerable residents. 

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