Atlantic Ocean Tamed as Realtors Push for Review of AMCON Act 
RONALD Chagoury, a management official of South Energy Nigeria Limited, has assured residents of Lagos State and environ that the power and possible violence of the Atlantic Ocean is being tamed by a new offshore wall.
He said this to contain the fears expressed by some Nigerians over possible upsurge of the ocean in the nearest future, thereby causing untold flooding disaster on the resident of the state and its environs. Speaking on behalf of the management of the multi-billion naira Eko Atlantic City, Chagoury allayed the fears and agitations of some concerned residents of Lagos and the general public, who may wish to live and work at the Eko Atlantic City over possible effects of the reclamation of the land currently ongoing on the Lagos bar beach.  Reclamation work has begun on the ocean by South Energy Nigeria Limited to retrieve nine million square meters of land from sea, to provide world class development in West Africa.
Meanwhile, members of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) have stressed the need to review the Act that guides the operations of the Asset Management Company of Nigeria (AMCON), to allow them carry out their statutory duty of property valuation.
The estate surveyors say the act should be expanded to include them in the management of assets in the nation, arguing that since it was their duty to value properties, most of which are often used as collaterals, it was out of place for them not to have been given roles by the Act.