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River State: Ministry of Housing to recover all Govt. illegally occupied houses

River state Ministry of Housing has said it will soon begin to recover all government residential and office houses which are illegally occupied. This was made known by the Commissioner for Housing, Mr. Emma Okah, during an unscheduled visit to the state-owned Iriebe Satellite Town, one of the many state government-owned housing estates across the state. The commissioner, who was ...

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‘PwC projects Real estate contribution to GDP can grow to $13.65b’

Accounting giant Pricewater Coopers (PwC) has projected an increase in real estate’s contribution to the gross domestic product (GDP) from $9.16 billion to $13.65 billion next year if the right environment is created. It urged operators to brace themselves for the challenges ahead and key into the opportunities in the sector to grow the economy. Managing Director, Alpha Mead Facilities ...

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Research: Why Office space in Lagos costs more than New York

office space

When you think about the most expensive offices space in the world, cities like New York and London,with their reputations as global financial centers, spring to mind. However, when it comes to pricing, Lagos, the commercial capital of Africa’s largest economy has managed to find a comfortable spot among them. Dolapo Omidire of Quartz.com examines how Lagos has arrived at ...

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Ambode declares 2nd Toll Point on Lekki- Epe Expressway free

Lagos State Governor, Akinwunmi Ambode, has declared that no toll will be collected at the second point on the Lekki- Epe Expressway. Ambode also assured that his government would be one of continuity with improvement. The governor made the comments on Sunday, June 21, 2015, during an interactive session with journalists at the Banquet Hall of the Lagos House, Ikeja, ...

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Edo State commences phase II of N9b erosion control project

second niger bridge

As part of its moves to stem the menace of erosion in Edo State, government has embarked on the reclamation of the Auchi , Queen Ede and Ekenwa sites, which will gulp N9billion. The contract are as follows; Auchi, N5.7billion, Queen Ede N2.7billion and Ekenwa is about N360million. Besides, not less than 108 gully erosion sites pervades the length and ...

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Man sells father’s house to two buyers

A 45-year-old man, Olusanya Ajala, has been arrested for allegedly selling a house bequeathed to him and his three siblings to two different buyers. Ajala was said to have sold the property to a businesswoman, Anita Ojuola, and one other buyer, whose name had yet to be ascertained. It was learnt that Ajala sold the house to Ojuola without the ...

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LAFARGE signs partnership with FG to rebuild North-East

Lafarge Africa has signed a strategic partnership with the Federal Government Presidential Initiative to rebuild the troubled North-East region of the country which has witnessed enormous destruction from the activities of Boko Haram. The Chief Executive Officer, Lafarge Nigeria and Benin Republic, Mr. Guillaume Roux, disclosed  after the meeting with the Chairman of the PINE, Prof. Soji Adelaja, that the ...

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FMBN Unveils Initiative To Increase Access To Home Renovation Loans

Federal Mortgage Bank of Nigeria

The Federal Mortgage Bank of Nigeria (FMBN) has moved to increase access to housing as it works at reducing the country’s 17 million housing deficit. The Managing Director of FMBN, Alhaji Gimba Ya’u Kumo has unveiled an initiative that would increase access to the National Housing Fund (NHF). The initiative called FMBN Home Renovation Loan (FHRL) is part of deliberate ...

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Jigawa sets up committee to recover Govt. funds & property

Jigawa Govt. Explains Demolished Structures

Chairman of the All Progressives Congress (APC) in Jigawa State and member of the transition committee, Alhaji Ado Sani Kiri, has said Governor Muhammad Badaru Abubakar had set up a committee to trace and recover funds & property belonging to the government. Kiri, in a chat with Daily Trust also said the government of Badaru was taking its time in the area ...

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Ambode sacks LSDPC boss

Lagos State Development and Property Corporation

The new Governor of Lagos state, I must say has shown more activeness than most of us thought from our mere perception of him in his few days of being in office. It is safe to say he stepped in nicely into the shoes of his predecessor and would most likely make Lagosians proud. However, some officials in sectors of ...

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