Real Estate News

The Lagos State Emergency Management Agency (LASEMA) says it has successfully quelled a fire outbreak at 22, AIT Road, Kola Bus Stop, Alagbado, almost alongside its other ongoing operations. According to the agency’s Public Affairs Officer, Nosa Okunbor, the “situation report regarding the Kola fire outbreak incident has it that a storey building consisting of 4 flats of 3 bedrooms ...

The Lagos State Government has given two weeks ultimatum to some occupants of the old Jankara market site. The Commissioner for Physical Planning and Urban Development, Dr. Idris Salako, gave the ultimatum during an assessment tour of Lagos Island on Monday. Salako said that the Jankara market had been earmarked for modern development, in line with government’s plan to regenerate ...

The Ekiti State Government has set up a Landed Properties Transaction Complaints Unit to receive petitions from aggrieved victims of land grabbing and other related offences. The move, which the state government made through the Ministry of Justice, is to give more bite to the Ekiti State Property Protection (Anti-Land Grabbing) Bill signed into law by Governor Kayode Fayemi on ...

Mr. Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC) says the corporation is working with security agencies to reduce incidents of pipeline vandalism in the country to the barest minimum, describing the problem as a major national security concern. Mr. Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (in suit) flanked by Dr. Olufemi Oke-Osanyintolu, Director-General, Lagos ...

The Architects Registration Council of Nigeria (ARCON) has pledged to rejig its operations toward raising the standards of architectural practice in the country. ARCON president, Sir Dipo Ajayi, said the move became necessary to ensure that Nigerian architects are at par with best international standards and practice. The president spoke at the induction ceremony in Abuja, where 250 architects, firms ...

Distraught members of Isadare and Olakotan family of Ijumo Compound, Idedo village, Ota, Ogun State, have urged the Inspector-General of Police (IGP), Mohammed Adamu, and the state’s Commissioner of Police, Kenneth Ebrimson, to save them from frequent attacks on their ancestral land. A petition to the police chiefs signed by their solicitors, Remi Adeoye of Destiny and Lawlords Chambers, explained ...

To curb the menace of building collapse, the Federal Government has said it would partner building professionals to uphold standards in the industry. The Minister of Interior, Ogbeni Rauf Aregbesola said this during a meeting with the leaders of the Nigerian Institute of Building in Abuja. Aregbesola, who alluded to the philosophy of placing prevention above damage control or medicine ...

Properties worth millions of naira were gutted by fire at the Akoko Anglican Grammar School in Arigidi Akoko, Akoko North-West Local Government Area of Ondo State on Sunday. It was gathered that the fire, which started around 9 am, burnt down the school’s skills acquisition workshops. According to an eyewitness, some of the items destroyed by the inferno included sewing ...

Two buildings on Friday collapsed at Okota and Lagos Island areas of Lagos, Southwest Nigeria. On 12 Alasepe Street, off Community Road, Ago Palace Way, Okota, a three-storey building under construction collapsed, with one person trapped, who was later rescued while on Lagos Island, a two-storey building collapsed at Agarawa area. Dr. Femi Oke-Osanyintolu, Director-General, Lagos State Emergency Management Agency, ...

The Lagos State House of Assembly has passed the Property Land Use Charge Bill into Law. The House passed the bill into law at plenary session on Thursday through voice vote by members of the assembly. The House amended the Land Use Charge Law 2018 endorsed by the immediate past governor, Mr. Akinwunmi Ambode. The Speaker, Mr. Mudashiru Obasa, said ...