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The favored Landmark Seashore and Resort in Oniru Victoria Island has been penciled down for demolition for the development of the 700km Lagos coastal rail.
The administration of the seaside and resort estimated at over $200m (N245 billion at N1,230/$ NAFEM charge) had known as for the reversal to the unique grasp plan of the undertaking to spare the 1.5km stretch of the resort.
However final weekend, the Lagos authorities issued a one-week demolition discover to the resort administration.
In a letter to the Chairman of the resort, Paul Onwuanibe and signed by the Deputy Director (Improvement Issues Division), Tpl Shomolu O., on behalf of the everlasting secretary of the Ministry of Bodily Planning and City Improvement, the state authorities listed the sections of the property billed for demolition to incorporate the Seashore Resort, Youngsters and Bay Area, Members Space, Lagos Seashore Membership, which fall inside the Proper of Method of the proposed street undertaking by 50 meters.
The Landmark web site is dwelling to over 80 companies and offers greater than 4,000 direct jobs along with producing over N2 billion naira ($1.5 million) in annual tax income.
“Consequently, the affected portion shall be eliminated in overriding public curiosity, to pave method for the street development undertaking from seven (7) days of serving this discover.
“In view of the above, I’m to request you to ahead all paperwork supporting your possession of the property to the Everlasting Secretary, Lands Bureau, Block 13 and 14, The Secretariat, Alausa, Ikeja.”
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The Landmark Realty, a property growth firm managing the agency, nevertheless lamented the plan to have the street lower by way of its ecosystem, opposite to the preliminary plan.
In its ‘Briefing observe on the Lagos-Calabar Coastal Street Building and the preservation of tourism and hospitality companies alongside the Coastal Proper Of Method,’ the corporate known as for an in-depth session to safeguard the expansion of tourism and hospitality Trade.
It confused that the unique development plan for the street – as a part of the West Africa coastal freeway – was to undergo the Water Company Street Median, which remains to be undeveloped.
It, due to this fact, expressed shock that the plan was modified to now lower throughout its ecosystem “with over 80 companies working inside” it.
It mentioned, “Landmark acquired beachfront realty alongside the Water Company Street in 2007 and on the time, the unique development plan for the Street as a part of the West Africa coastal freeway was to undergo the Water Company Street median, which to this point stays undeveloped.
“The Landmark Group is now searching for the federal government’s intervention in facilitating the rerouting of nearly 1.5km out of the 700 km stretch of the Street to its authentic location on the Water Company Street median.”
The corporate mentioned it welcomed over 3 million guests in 2023; ” A big variety of which have been from the diaspora or foreigners who got here to get pleasure from ‘Detty December’ in what’s arguably the premier leisure and tourism vacation spot alongside the West African shoreline”.
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