Nigeria: Under-Utilised FG Properties

20 February 2013

THE Federal Government sets bad examples in managing public assets. The abandoned buildings in Lagos that ministries and other establishments used before re-locating to Abuja stand tall in challenging government to act.

Some of the buildings are the 25-storey Independence Building, Ministry of Education, the National Assembly Complex at Tafawa Balewa Square and the 37-storey NECOM House on Marina, said to have been sold for a mere N4 billion. Others are the NITEL Building, former Supreme Court Building, former Navy Headquarters on Marina, which the Ministry of Foreign Affairs once used, the NNPC Complex in Ikoyi, NITEL offices at Falomo and Iponri and the uncompleted NPF Building at Okokomaiko, off the Lagos-Badagry Expressway.

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