The management of Landmark Resort Beach said it has commenced the refund process for customers affected by the recent demolition of portions of its properties by the Federal Government.

Landmark Africa, the parent company of Landmark Resort, made this known on Friday in a post on its X handle.

The firm acknowledged the patience of their customers, advising that completion of the refund process may be delayed due to the volume of requests.

t said: “Dear Landmark Citizens, we would like to assure you all that we have started issuing refunds to those who requested a refund of their money on the Landmark Citizen App.

“Please be patient with us, due to the volume of requests, this process will take some time. Be rest assured that all refund requests will be processed. Thank you all for your support and patience.

A portion of Landmark Beach on Victoria Island, Lagos, was recently demolished to accommodate the Lagos-Calabar coastal highway.

The Nigerian Meteorological Agency (NiMet) has predicted cloudiness and sunshine from Friday to Sunday across the nation.

NiMet weather outlook released on Thursday in Abuja forecast sunny skies in hazy atmosphere on Friday over the northern region with exception of Taraba state where pockets of clouds could be visible during the forecast period.

According to the agency, sunny atmosphere patches of clouds are anticipated over the North Central region during the forecast period.

“The Cloudy atmosphere is expected over the southern region with prospects of morning thunderstorms over parts of Cross River and Akwa Ibom states.

The agency said later in the day, isolated thunderstorms are expected over parts of Akwa Ibom, Cross River, Bayelsa, Rivers, Edo, Delta, Osun, Ogun, Ondo, Abia and Imo states.

NiMet predicted sunny skies in a hazy atmosphere on Saturday over the northern region with prospects of afternoon and evening thunderstorms over parts of Kaduna state.

It anticipated sunny skies with patches of clouds over the North Central region during the morning period.

“Later in the day, isolated thunderstorms are expected over parts of the Federal Capital Territory, Niger, Nasarawa, Kwara, Kogi and Plateau states.

“Cloudy atmosphere with intervals of sunshine is expected over the southern region with prospects of isolated thunderstorms over parts of Cross River, Akwa Ibom, Bayelsa and Rivers states in the morning hours.

“Later in the day, isolated thunderstorms are expected over the region,” it said.

According to NiMet, sunny skies in hazy atmosphere are expected over the northern region during the forecast period on Sunday.

The agency predicted sunny atmosphere with patches of clouds over the North Central region during the morning period.

NiMet forecast isolated thunderstorms over parts of Kwara, Kogi, Nasarawa, Benue, Plateau and the Federal Capital Territory later in the day.

NiMet predicted Cloudy atmosphere over the southern region with prospects of morning thunderstorms over parts of Lagos, Akwa Ibom and Cross River states.

It anticipated isolated thunderstorms over parts of Edo, Osun, Ogun, Ondo, Imo, Ekiti, Abia, Anambra, Delta, Cross River, Akwa Ibom, Rivers and Lagos states later in the day.

“Strong winds may precede rains in the areas where thunderstorms are likely to occur, the public should take adequate precaution.

“Airline operators are advised to get updated weather reports and forecasts from NiMet for effective planning in their operations.

Nigeria has become the latest signatory to the Establishment Agreement of the Fund for Export Development in Africa (FEDA), the development impact-oriented subsidiary of African Export-Import Bank (Afreximbank).

This is contained in a statement signed by Vincent Musumba, Manager, Media Relations, Afreximbank, in Abuja on Friday.

Musumba said Nigeria joined the ranks of countries acceding to the Establishment Agreement of FEDA, becoming the 16th nation to do so.

He said this underscored the increasing backing the Fund enjoyed among African nations.

“This announcement comes three decades following Afreximbank’s establishment in Nigeria, a key milestone that boldly demonstrates Nigeria’s continued commitment to supporting Afreximbank and FEDA’s missions.

“ FEDA sees new memberships as critical to broadening its scope of interventions and its mission of delivering long-term capital to African economies, with a focus on industrialisation, intra-African trade and value-added exports.”

Musumba said the signing of the FEDA Establishment Agreement was expected to pave the way for the ratification of the agreement in due course.

“This will in turn bolster FEDA’s interventions in Nigeria.”

He quoted Prof. Benedict Oramah, President, Afreximbank and Chairman of the Boards of both Afreximbank and FEDA, as saying: ”we extend our sincere appreciation to the Federal Republic of Nigeria for the signing of the FEDA Establishment Agreement.

“This significant achievement further strengthens the already robust partnership between Afreximbank and Nigeria, one of the bank’s foremost supporters.

“The partnership will enhance investments in sectors critical to the development journey of Nigeria.”

Musumba said FEDA is the impact investment subsidiary of Afreximbank set up to provide equity, quasi-equity, and debt capital to finance the multi-billion-dollar funding gap (particularly in equity) needed to transform the Trade sector in Africa.

He said other countries who had acceded to FEDA’s Establishment Agreement included Rwanda, Mauritania, Guinea, Togo, South Sudan, and Zimbabwe.

Musumba said others are Kenya, Chad, Republic of the Congo, Gabon, Sierra Leone, São Tomé and Príncipe, Equatorial Guinea, Ghana and Egypt.