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Monthly Archives: June 2015

NIGERIA HOUSING FINANCE PROGRAMME (NHFP) FAQ’S

Housing is one of man’s key needs. Most people would like to own their own houses. Unfortunately, there are far too many obstacles stifling the achievement of this dream of owning their own homes. In spite of Nigeria being Africa’s largest economy with a GDP of $510 billion, the housing and construction sector accounts for only 3.1% of the rebased ...

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Shangisha -Magodo landlords’ land dispute: SSS wades in

The State Security of Service (SSS) has invited the parties, with a view to finding amicable resolution of the controversy surrounding executing a Supreme Court judgment that ordered the Lagos State Government to release of 549 plots of land to the landowners POISED to prevent possible break down of law and order in Ikosi-Ketu Local Council Development Authority (LCDA), Lagos State, ...

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FG wants arbitration for construction industry disputes

construction project

The Federal government has promised to drive Lands and Housing reforms to make land readily accessible to Nigerians for the provision of shelter for themselves and their families. Permanent Secretary Federal Ministry of Lands, Housing and Urban Development, Mr. Gorge Ossi who stated this at the 5th Building & Construction Economic Round Table (BCERT 5) at the weekend in Abuja, ...

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“I don’t have a house anywhere abroad” – ALIKO DANGOTE

Dangote Cement wins 2015 African Business of the Year

Africa’s richest man, Alhaji Aliko Dangote has revealed that he doesn’t have any property outside Nigeria despite his immense wealth. The foremost business mogul whose net worth for 2015 is valued at $21.6billion, according to Forbes also disclosed that Chief M K O Abiola advised him against investing in the media. According to Leadership, the chairman of Dangote Groups said ...

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US Housing Has A Secure Foundation

There are several questions surrounding the US housing industry. For example the pace of housing starts, new and pending home sales, all deserve serious consideration. In this short essay, Forbes attempt to map out take on this critical activity for the level of aggregate demand. Read below: Based on data from the US Census Bureau sales of previously owned homes in ...

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Auckland housing considered unaffordable

Auckland is the only region in North Island of New zealand that is considered unaffordable, according to new figures. The First Home Buyer’s Affordability report from interest.co.nz shows the affordability of buying a typical first home in Auckland has deteriorated dramatically, with the price of a lower quartile home now worth $616,500. That’s up from $584,500 in April and $502,100 ...

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Al-Makura cautions officials against selling Govt. property

Construction of N20bn Lafia airport to begin in December

Governor Umaru Tanko Al-Makura of Nasarawa state has cautioned officials of his government not to attempt selling government property in the state. Al-Makura said in a statement in Abuja by his special assistant on media and publicity Ahmed Tukur that he would not condone such act and would deal decisively with any of his officials involved in fraudulent sales of ...

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20 interesting real estate facts you need to know

Real estate is serious business, but within the paper works and all the extra work that goes into securing a home, there are also a lot of interesting facts you should get acquainted with. There is really nothing bad, as a real estate professional, to know some interesting real estate facts.  I believe you will have a totally different and ...

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Issuance of Certificate of Occupancy in Ogun State

A Certificate of Occupancy (C of O) is a document issued by Authorities to a land owner as evidence of ownership of land. It contains the terms and conditions for the grant of the land. A C of O is issued by the Governor of a state or the President in the case of Federal Capital Territory (FCT) which power ...

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#ShelterMatters – Is your house insured?

is your house insured

Is your house insured? Your home is your biggest investment. Unlike cars, which depreciate the minute you drive them off the lot, houses typically increase in value over time.   Is home insurance really necessary? What is the value of home insurance? Does it really pay off later to insure my home now?   You’ve probably asked at least one ...

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