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Monthly Archives: December 2015

United Kingdom Property Prices To Rise By 8% In 2016

Rising London property costs could lead to firms relocating, says study

Residential property prices in some locations in the United Kingdom could increase by as much as eight per cent in 2016 as the recovery that has taken hold in London ripples out across the country. But overall price growth is expected to be around six per cent across the country during the year, according to the forecast from the Royal ...

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Dasukigate: Convicts Will Forfeit Property To FG – Buhari

Dasukigate: Convicts Will Forfeit Property To FG – Buhari

President Muhammadu Buhari at the weekend assured that de­spite the fall in oil price, mea­sures taken to block revenue leakages would ensure enough cash to fund the 2016 N6 trillion budget. The President presented the national budget to the joint session of the National Assem­bly last Tuesday in Abuja. He said anybody convicted in the $2.1billion arms deal would forfeit ...

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Man Seeks Justice For Wife Over Failed N2.5m Property Deal

Man Seeks Justice For Wife Over Failed N2.5m Property Deal

Police detectives attached to the Delta State Police Command are looking for some workers of Pentagon Real Estate Investment Limited over an alleged N2.5m fraud. The Police Public Relations Officer in the state, Mrs. Celestina Kalu, who confirmed the development, said one Amunewa Steven Onyeka petitioned the Commissioner of Police, Alkali Baba Usman, on the matter. Kalu said the petitioner ...

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Fire Razes Baboko Market In llorin

Fire razes Baboko market in llorin

A midnight inferno on Sunday consumed goods worth millions of naira at Baboko market in Ilorin, the Kwara State capital. The News Agency of Nigeria reports that 20 shops were completely razed by the inferno which lasted several hours. Some shop owners reportedly left huge sums of money in their shops before the incident occurred. Sources said that the inferno ...

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Don’t Waste Nasarawa Funds On N17billionAirport – Labaran Maku

Construction of N20bn Lafia airport to begin in December

A former Minister of Information, Labaran Maku, on Sunday advised Governor Tanko Al-Makura of Nasarawa State against building N17 billion airport in Lafia. He said that instead of building the airport, the governor should provide other infrastructure that would spread across the state. Mr. Maku, a 2015 gubernatorial candidate of the All Progressives Grand Alliance, APGA, in the state, gave ...

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Gombe Promises N18m Compensation On Demolished Property

Gombe Promises N18m Compensation On Demolished Property

Gombe State government has planned to spend over N18 million as compensation to those who lost their houses for road construction in Kumbiya-Kumbiya Ward of Gombe Local Council of the state. The chairman of the committee on payment of compensation, Shehu Abubakar Durbi, who disclosed this while speaking with journalists in Gombe Tuesday, said the aim was to ensure that ...

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Nigerian Govt to Develop National Transportation Master Plan – Amaechi

Amaechi pledges to complete ongoing rail projects, seeks cooperation

The Nigerian government on Wednesday said it was in the process of developing a national transportation master plan that would help in diversifying the nation’s economy. The Minister of Transport, Rotimi Amaechi, disclosed this while briefing journalists after concluding the inspection of ongoing projects and facilities at the Murtala Muhammed Airport, Lagos. Mr. Amaechi was accompanied on the visit by ...

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FG Urged To Subsidise Housing Sector

Solving The Problem Of Affordable Housing In Nigeria

For the country to be able to bridge its current housing deficit estimated at about 17 million housing units, the federal government has been urged to subsidise Housing sector by putting in place policies that would ensure this. The managing director, Infinity Trust Mortgage Bank Plc, Mr. Banjo Obaleye, stated this during the bank’s 2015 End of Year /Long Service ...

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