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Monthly Archives: March 2016

Houses Burnt In Resumed Ebonyi, Cross River Boundary Crisis

Houses Burnt In Resumed Ebonyi, Cross River Boundary Crisis

Two persons were on Wednesday shot dead while 10 houses were burnt and properties worth millions of naira destroyed in resumed hostilities in the decades-long Ebonyi/Cross River boundary dispute. Also, more than 150 persons have been displaced following another attack on the people of Ochienyim community in Ikwo Local Government Area of Ebonyi, allegedly by the neighbouring Adadama community in ...

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Man Sets Fire To Ex-Lovers House, Kills 7 Members Of Her Family

Man Sets Fire To Ex-Lovers House, Kills 7 Members Of Her Family

Heartbreaking scenes unfolded in Koster, the North West farming town of Reagile, South Africa as the coffins of Mojaki Elizabeth Mwale, 74, Christina Sepinki Mwale, 36, Abram Mwale 15, Samantha Mwale, 12, Refilwe Mwale 10, Ofentse Mwale 8 and Precious Mwale, 3, were lowered into their graves in a mass funeral on Tuesday, March 15. The seven victims were burnt ...

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Ebonyi Assembly Sets Up Adhoc Committee To Investigate Uncompleted Projects

Community Protests Against Plans To Takeover Vast Expanse Of land By Ebonyi Government

The Ebonyi State House of Assembly on Tuesday commenced the investigation of some uncompleted projects in the state. The house, during its plenary, set-up 9-member adhoc committee headed by the deputy speaker, Odefa Obasi, to probe the projects. Setting up the committee, the speaker of the House, Francis Nwifuru, listed the projects for the probe to include Centenary City formerly ...

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What You Should Know About Off-Plan Property

Off-plan

According to Wiki, off-plan property is a property before a structure has been constructed upon it. Pre-constructions are usually marketed to real estate developers and to early adopters as developments so that the purchaser can secure much better finance terms from their lenders. Read this article to learn more Ever seen a great-looking image of a property and an even better-looking price? Chances ...

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Akpabio Denies Ownership of Lekki Gardens

Akpabio denies ownership of Lekki Gardens

The Senate Minority Leader, Godwill Akpabio, has denied ownership of Lekki Gardens, Lagos, where a building collapsed and killed over 30 people last week.​ A statement by Anietie Ekong, Special Assistant to Mr. Akpabio on Tuesday in Abuja, said it was ​​unfair ​link Mr. Akpabio, a former governor of Akwa Ibom, to a property he did not own. ​Mr. Akpabio ...

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Senate Approves N108 billion To Assist IDPs Return Home

Senate Approves N108 billion To Assist IDPs Return Home

The Senate has asked its Appropriations Committee to approve N108 billion under the service wide votes for the relocation and resettlement of citizens who had been displaced by Boko Haram insurgency in the North East region. Following a string of military successes against the insurgents who had captured several local government areas of Nigerian territory, displacing millions of people, there ...

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Tenant Beats Landlord to Death Over ‘NEPA’ Bill

Kidnappers’ buildings In Anambra

A man has been arrested for beating his aged landlord to death over high electricity bill. According to the Ondo state Police Command, the man identified as Tope Akideji allegedly beat up 75-year-old Kayode Osunkalu of a building located at 17 Ayeferere street, Ondo town. The deceased reportedly invited all tenants to discuss how they were going to settle the ...

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Lagos Govt. Orders Occupiers of Lekki Gardens to Vacate Homes For Integrity Test

Lagos Govt. Orders Occupiers of Lekki Gardens to Vacate Homes For Integrity Test

The Lagos State government has told the occupiers of all buildings erected by Messrs Lekki Worldwide Estate, the owners of Lekki Gardens, to vacate the properties ahead of government investigations. Wasiu Anifowose, commissioner for Physical Planning and Urban Development, said Tuesday that integrity tests would be conducted on all structures erected by the developer. “In the best interest of the ...

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Mortgage Bank Partner Developers On 500 Housing Units

affordable housing units

Resort Savings and Loans Plc, a leading mortgage bank is collaborating with estate developer to build 500 housing units before the end of the second quarter of 2016 The alliance according to the bank would enable it provide mortgage finance to off takers interested in the housing estate which are for the middle class. With this move, the bank noted ...

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Stakeholders Demand Affordable Housing, Flexible Interest Rate

Real Estate developers to hold data collation confab

Provision of affordable housing have been a subject of discourse over a period of time by stakeholders in the real estate sector given the country’s housing deficit which stands at 17 million. With the interest rate of 28% issued by some Primary Mortgage Banks (PMB’s) affiliated to commercial banks against the 6% interest rate by Federal Mortgage Bank of Nigeria ...

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