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Monthly Archives: August 2014

FCT accounts for 10% of 17m housing deficit in Nigeria — Bala Mohammed

demolitions in abuja

Minister of the Federal Capital Territory Administration, FCTA, Senator Bala Mohammed disclosed at the weekend that the FCT accounts for 10 per cent of the 17 million housing deficit in Nigeria. The minister disclosed this while commissioning a 49-unit luxury apartments christened “AICL Apo- Dutse Housing Estate”. According to him: “From statistics, the housing deficit in Nigeria is about 17 ...

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FG sets to check Housing deficit

The framework for conducting a National Housing Survey to establish and determine the housing deficit in the country has been developed by the Federal Government, the Minister of Lands, Housing and Urban Development, Mrs. Akon Eyakenyi, has said. She said the survey would determine the actual number of houses needed across the country instead of depending on estimates and unproven ...

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REVEALED: Why Buildings Collapse In Nigeria

Building Collapse Prevention

The Technical Services Engineer of United Cement Company of Nigeria, Mr. Bukola Adebisi (UNICEM) has said that the incessant building collapse in the country is not caused by cement but by activities of people in the informal sector as everybody now parade themselves as engineer with formal or informal training. He also lauded the federal government for providing a conducive ...

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20,000 Housing Units Provided By FRSC For Its Personnel

Federal Road Safety Corps has concluded plans to construct 20,000 housing units across the country for its personnel under a housing scheme tagged “Vision 20,000 housing project.” Making the disclosure recently, while receiving the management team of the Federal Mortgage Bank, the Corps Marshal, Boboye Oyeyemi, reiterated that the housing initiative was informed by the need to provide the required ...

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Trouble In Anambra Community Over Destroyed Property

Developmental intervention

The feud between Nkwelle-Ezunaka Community and Ebenezer Anglican Church over the ownership of Oyolu Oze Primary School, Oyolu Oze, Nkwelle-Ezunaka in Oyi Local Government Area of Anambra State worsened yesterday, with both parties making different demands on each other. Speaking after the general meeting of Nkelle-Ezunaka Community, the President-General, Elder Chris Eluemune, asked the Anglican Communion to immediately halt rebuilding ...

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LAGOS MEGA CITY PROJECT: HOMS to drive Urban Regeneration

In addition to its infrastructure upgrade and environmental transformation, the Lagos State government is using its pace-setting home ownership mortgage scheme—the LagosHOMS—to drive urban regeneration that would ultimately dovetail into its dream mega city status. This regeneration which has already seen some footprints in some parts of the state, particularly Ikeja and Lagos Island, involves the demolition of obsolete housing ...

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Lagos To Regulate Agency Fees

Fashola should recreate Jakande’s housing magic across the country –Pastor Bassey James

Lagos State government has initiated moves to regulate estate agency fees in the state which it claims ranks highest when compared with other countries. To this end, a stakeholders’ meeting was recently convened at the Lagos State Real Estate Transaction Department (LASRETRAD) to deliberate on “Real Estate Agency Fees in Lagos”. In attendance were various associations of estate agents, legal ...

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43-year-Old Woman Pleads Guilty In Real Estate Fraud

A Utah County woman has changed her plea to guilty in a real estate fraud case in which she was accused of using straw buyers and inflated appraisals to obtain loans to purchase houses that were sometimes a $1 million in excess of the actual selling price. Portia Louder, 43, Highland, pleaded guilty in federal court to one count of ...

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GOODNEWS: Nigerite Helps Youth With Capacity Building, Skill Acquisition

Nigerite Limited, a Lagos-based complete building solutions company, in its continued partnership with the Lagos State government on enterprise development projects, has said it is motivated by the need to encourage skills acquisition and capacity building. The Marketing Director of the company, Toyin Gbede, an architect, disclosed this at the second Lagos State Enterprise Day held at NECA House, Agidingbi, ...

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Dubai Announces World’s Largest Mall

Last Month, UAE’s Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum announced Dubai’s newest mega-project, the Mall of the World, located along Sheikh Zayed Road in Dubai. Occupying a total area of 48 million sq. ft., the project will include the largest indoor theme park in the world, which will be ...

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