Two hotels are on the market, according to Akeem Olasiga, a local real estate agent.
Hotels and short-stay apartments within the vicinity of Synagogue Church of All Nations (SCOAN) are reported to have been thrown out of business following death of the church founder Prophet Temitope Balogun Joshua.
The church neighborhood in Ikotun, Lagos, which used to be a hive of activity, has progressively become a ghost town, resulting in a mass exodus of enterprises like hotels, restaurants, convenience stores, and business centers.
An estate agent in the area, Akeem Olasiga, said two hotels are on the disposal list. “Victoria Continental Hotel and Suites just sold their building because no customer was coming, De Lodge and Glorious hotel will soon sell their hotels. I can confirm to you that since the death of T.B Joshua the customers that have entered are not up to 50.
“Many other hotels have converted their lodge to apartments because they were expecting that the current pastor, Madam Evelyn Joshua, would open the church for members and our businesses would be back. But it has not been like that.”