madedor & Co
Estate Surveyors, Valuers and
Property Developers
Presidency appoints Madedor and Company to value its properties in Lagos
The Federal Government of Nigeria has appointed Madedor and Company to carry out an asset valuation on its properties located along Saka Tinubu Street Victoria Island Lagos. MC's appointment was communicated via a letter from the Presidency's implementation committee of the white paper on the commission of inquiry into the alienation of Federal Government landed property. Saka Tinubu is a major telecommunication hub in Nigeria. NITEL, the recently privatised national telecommunication carrier, has its interconnection centre and international exchange located on Saka Tinubu.

Most private telecommunication operators (PTO's)
in Lagos scramble for properties along Saka Tinubu to enable them connect easily via fibre optics to NITEL's facility. NITEL carry's a lot of traffic for the PTO's. In fact the PTO's are dependent on NITEL, a strike action some months back by employees of NITEL almost crashed the operations of the PTO's.
The Federal Government's intention is to offload these properties on the open market. MC can advise PTO's, financial institutions and other corporations involved in e-commerce on possible acquisition or redevelopment of these properties. Photos of some of the properties can be viewed by clicking on commercial services/ Victoria Island