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Adron Homes Projects 1 Billion Naira Price Rise in Ibeju-Lekki Land, Citing Advantages of Dangote Refinery and Lekki Free Trade Zone

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In a bold projection, the Group Managing Director (GMD) of Adron Homes and Properties, Aare Adetola Emmanuel-King, has predicted a staggering 1 billion naira price increase per plot of land in Ibeju-Lekki. The ambitious projection comes as the newly commissioned Dangote Refinery and the thriving Lekki Free Trade Zone continue to attract attention and drive development in the area.

Emmanuel-King emphasized the significant advantage presented by the presence of the Dangote Refinery, stating, “We sold a plot of land for 5 million naira five years ago when there was no Dangote Refinery, Dangote fertilizer, Lekki Deep sea port, etc., but now selling for 100 million per plot. So imagine when the 3.5 million estimated workforce and human population that will move in within the next five years start scouting for accommodation and home ownership, land and houses shall be extremely inadequate. 1 billion naira per plot shall be considered a gift to the buyer.”


The recent completion of the Dangote Refinery has sparked excitement and optimism among investors and developers in the region. The refinery, which is expected to be the largest in Africa, has the capacity to refine 650,000 barrels of crude oil per day, making Nigeria a major player in the global oil industry. This development has attracted both local and international investors, leading to a surge in demand for properties in Ibeju-Lekki.


Furthermore, the proximity of Ibeju-Lekki to the Lekki Free Trade Zone has further heightened its attractiveness. The Lekki Free Trade Zone, with its strategic location and favorable business environment, offers numerous opportunities for local and foreign companies to establish and expand their operations. This has not only boosted employment opportunities but also created a demand for housing and real estate.

Emmanuel-King’s projection of a 1 billion naira price rise per plot reflects the growing scarcity of land and the increasing demand for housing in Ibeju-Lekki. As the population continues to surge, driven by the influx of workers and residents associated with the Dangote Refinery and the Lekki Free Trade Zone, the availability of land and houses is expected to become significantly inadequate.

Investors and potential buyers are taking note of this lucrative opportunity. The projected rise in land prices, though substantial, is seen as a testament to the region’s rapid development and the potential for substantial returns on investment. However, it also highlights the urgency for individuals and businesses to secure properties in Ibeju-Lekki sooner rather than later.

As the Dangote Refinery and the Lekki Free Trade Zone continue to attract attention and investment, the region’s real estate market is poised for significant growth. The projected 1 billion naira price rise in Ibeju-Lekki land serves as a testament to the advantages brought about by these landmark developments and underscores the need for proactive action to capitalize on this exceptional opportunity.

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LG’s 2023 TV Lineup Wows Consumers With Exceptional Picture Quality and Immersive Sound

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LG’s 2023 TV lineup



LG Electronics (LG) unveiled its new television lineup for 2023, which boasts a range of technological advancements designed to deliver superior picture quality, sound performance, and usability. This lineup is headlined by its most advanced range of OLED TVs yet, the OLED evo C3. With premium self-lit picture quality, powerful image processing technologies, and an enhanced webOS platform offering even more smart features and services, the company’s latest OLED TVs elevate viewing experiences as only LG OLED can.

It’s been 10 years since LG first released OLED, and in that time, much has changed. What’s new for 2023’s big TVs, and is it worth getting excited about? It might be difficult to believe, but TVs are celebrating a bit of an anniversary this year as OLED turns ten.

“At LG, we are committed to continuous innovation across our home entertainment products, and our 2023 TV range is no exception. And as our technologies have evolved, so has the role of the TV in Nigerian homes,” said Choongbae Seok, General Manager, TV Division, LG Electronics West African Operations.

“Whether it be the hub where people gather for the latest sporting match, game, or movie, or a statement piece positioned to impress invited guests, this year we are providing a television for every consumer,” he said.

The C3 OLED evo provides higher brightness and color accuracy, as well as amazing clarity and detail, thanks to the precision and performance of LG OLED evo technology and the new α9 AI Processor Gen6. It comes in 83, 77, and 65-inch sizes. The other lineup includes the QNED 81 Series (75’’, 65″); the Nano 77 Series (75”, 65”, 55″); and the UHD UR Series (75’’, 65”, 55”, 50”). LG TVs now feature a slimmer design and minimal bezel that complement your home interior. Upgrade your viewing experience to enjoy vivid colors and breathtaking detail in real 4K.

LG continues to leverage its technological leadership, not just to create products and services for a better life. 2023 LG OLED TVs are designed to be kinder to the environment, from production all the way through to disposal, creating sustainable cycles. LG OLED TVs have no backlighting unit, meaning each TV requires fewer materials to produce than a conventional LED TV. They also employ many components made from recycled plastics and are even shipped in eco-packaging made from recyclable materials and featuring single-color printing. Easier on viewers’ eyes, LG’s 2023 model OLED TV has been certified low-blue-light by TÜV Rheinland and flicker-free by UL Solutions.

Outlets such as CNET highlighted the OLED C3, saying, “It sets the standard for high-end TV picture quality.” (CNET, 06/23)

For TechRadar, the LG OLED C3 arrives with new HDR-improving picture processing, a pleasing look, a smart TV interface overhaul, and a wealth of features that will appeal to both gamers and movie fans. “LG has delivered another winner with the C3 OLED,” the review noted. (TechRadar, 03/2023)

The LG range of 2023 TVs comprises the following:

Faster HDMI switching
The new LG OLED TV models support a wide range of HDMI 2.1a-compatible features, with 4 ports available on the C3 models again. They are also the first TVs to be certified by the HDMI organization for the recently announced Quick Media Switching VRR (QMS-VRR). QMS-VRR eliminates the momentary black screen when switching between content from different sources connected via the TV’s HDMI 2.1a-compatible ports. This is only available when using HDMI 2.1 QMS VRR-certified source devices.

Gaming remains a focus
For the ultimate gaming experience, LG OLED and QNED TVs feature a 0.1 ms response time, low input lag, and up to four HDMI 2.1a-compatible ports. LG OLED TVs are also equipped with Game Optimizer, which allows users to quickly select and switch between game-related features such as game genre display presets. Settings for Nvidia G-Sync, FreeSync Premium, and variable refresh rate (VRR) are also easily accessible through the Game Optimizer.

Improved picture and sound quality
The latest processor in the Alpha series uses LG’s advanced AI-powered deep learning technology to ensure excellent picture and sound quality. AI Picture Pro offers improved upscaling for greater clarity, and improved dynamic tone mapping helps bring out depth and detail in every image. AI Picture Pro also includes image processing technology that recognizes and refines objects or faces to have more lifelike HDR quality. In addition, AI Sound Pro ensures that viewers can immerse themselves even more in what is happening on screen by delivering virtual 9.1.2 surround sound through the TV’s built-in speaker system.

Improved webOS and software
This year’s models are equipped with the latest webOS version and include the redesigned All New Home user interface, which offers a wealth of personalization options and more comfort for an even better user experience. The new Quick Cards give users easy access to the content and services they use most, grouped into logical categories such as home office, gaming, music, and sports. Based on their TV behavior and viewing habits, the more advanced webOS ensures that consumers easily receive personalized recommendations tailored to their preferences.

LG TVs are available in all Fouani showrooms nationwide. For more information, kindly visit https://www.lg.com/africa/tvs

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Soludo commends Igwe Achebe, Glo on Ofala Festival

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Ofala Festival

Anambra State Governor, Prof. Chukwuma Soludo, has commended the Obi of Onitsha, Igwe Alfred Nnaemeka Achebe, Onitsha people and the sponsors of the annual Ofala festival, Globacom, for their efforts in promoting the annual festival.

The Governor who was a special guest at the 2023 Ofala festival in Onitsha over the weekend said the huge success of the festival and its tourism potentials would complement his government’s efforts in bringing development to the state.

Also speaking at the ceremony, the Obi of Onitsha, Igwe Nnaemeka Achebe, paid glowing tribute to digital solutions provider, Globacom, and other sponsors for their relentless support for the Ofala Festival of Onitsha Kingdom.  

The Obi who thanked the telecommunications company for consistently sponsoring the festival for the past twelve years, explained that Globacom had helped to project it as a tourism destination.

He said, “Globacom as our principal partner has remained steadfast with us even with the present economic challenges. We thank them exceedingly and trust that our mutually beneficial partnership will continue to grow”,  

Also at the festival on Sunday, Globacom’s Retail Sales Chief, South East and South South, Augustine-ndu Offor, explained that the sustained support of cultural festivals such as Ofala has added economic value to the surrounding region by leading to the development of tourism. He added that it is in line with the vision of empowerment that MoneyMaster Payment Service Bank (MMPSB), a subsidiary of Globacom, was launched this year. MMPSB, through its G-kala wallet enables the unbanked and underbanked to use their mobile phones to send, save, collect and deposit their money, thereby empowering the financially excluded in the society. The 8% interest rate per annum on the G Kala savings account is a good demonstration of the added value the company provides its customers. 

The sponsorship agreement between Globacom and Ofala Festival started in 2011 for an initial period of three years.  The partnership is now in its 12th year with a new Memorandum of Understanding (MOU) signed with the palace in 2022 to extend the deal to 2025.

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Nigerian Journalists, Media Houses, Battle For Awards At 17th NMNA, Oct 29th

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The Nigeria Media Nite-Out Award (NMNA) is here again. And up for grabs are professional awards that stands out the worth of a Journalist and the Media Houses they represent.

The Nigeria Media Nite-Out Award since its inception in 2006, has honoured journalists in various categories of the media profession viz a viz Politics, Crime, Aviation, Tourism, Society and others.

Who wins this year? Which newspaper will emerge the best this year 2022-23? Which is the Best TV Station In Nigeria and which is the Radio Station of the Year?

The event will also have in attendance Top government officials, Captains of Industry, and Corporate organisations that are presently making waves. These will be honoured for their different contributions to the growth of the country and for their strong support and identification with the Nigerian Press.

The event is slated for Sunday, October 29th. The D-Day for Nigeria Media Nite-Out Award at The Lagos Airport Hotel, Ikeja, Lagos.

Host is the Honourable Minister for Defence, Bello Matawalle. Co-host, Honourable Speaker, Lagos State House of Assembly, Mudashiru Obasa. Special Guest of Hounour, Oyo State Governor, Mr Seyi Makinde, Governor of Plateau State, Caleb Mutfwang, Honourable Minister for FCT, Nyesom Wike and many other distinguished guests.

Keynote Address will be delivered by the Chairman of Odu’a Group, Otunba Bimbo Ashiru.

This year’s theme is: ‘A Way Out Of Nigeria’s Quagmire In The Next Four Years.’

Nigeria Media Nite-Out Award, a celebration of the fourth estate of government.

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