Real Estate News

According to The Nation, scores of Ibeju Lekki residents yesterday stormed the Lagos State House of Assembly to protest the alleged forceful takeover of their land. They carried placards with inscriptions, such as, “Folami, bring peace and development, not death and destruction to your fatherland,” and “To defend our land and our people from Folami is a task that must ...

“The Senate yesterday mandated its committee on environment to investigate the implementation of the celebrated Ogoni cleanup exercise. The Federal Government launched the Ogoni cleanup project in June last year with an initial cost of $1 billion. The Senate equally directed the committee to assess the progress of the Great Green Wall programme initiated to control desertification. These decisions followed ...

“The Nigerian government has been urged to reorientate the populace on how to treat and care for the environment.”- The Nation In commemoration of world environment day, groups organized walk comprising of pupils of various schools across Lagos state starting from Ikeja local government secretariat and ended at the Ndubuisi Kanu Park, Alausa, Ikeja. The walk which lasted about two ...

Leadership reports that the Minister of Power, Works and Housing, Mr Babatunde Fashola has challenged estate surveyors to embark on open evaluation of realty for different States and reduce the hitches associated with the profession for the benefit of Nigerians. Fashola who stated this during the inauguration of the reconstituted Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) urged ...

“A new African Arguments investigation has found that politically-exposed African nationals hold Canadian real estate worth several millions of dollars. The study, conducted in partnership with the Journal de Montréal and Le Monde Afrique, reveals over a dozen individuals who have invested nearly $26 million in Canadian real estate, often without a mortgage. The source of the funds used to ...

This Day reports that the Ekiti State Government has disbursed over N1 billion as housing and car loans to workers in the state public service since the inception of the Ayodele Fayose-led administration about two and a half years ago. The state Head of Service (HoS), Dr. Olugbenga Faseluka, who made this known in Ado Ekiti on Monday, said that ...

“Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) has sought for  collaboration with the Federal Ministry of power, works and housing  in its scheme to  build   10,000 houses in each state of the federation. The new chairman of Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) Olayinka Sonaike, made this call at the inauguration of the board ...

The Guardian reports that former Governor of Enugu State, Sullivan Chime has denied ejecting the state chapter of the Peoples Democratic Party, PDP from his property to make room for its eventual occupation by the All Progressives Congress (APC). He was reacting to reports that he asked the state chapter of the PDP to vacate his property on Ogui junction, ...

“With burgeoning population of over 22 million, Lagos is faced with housing challenge. On daily basis people migrate from every nooks and crannies of Nigeria to Lagos without ever thinking of leaving, thus compounding the housing challenge. Undoubtedly, shelter is one of the three basic necessities of life, others being food and clothing. Adequate housing includes secure land title, access to ...

According to The Nation, Justice Angela Otaluka of the FCT High Court, Lugbe on Monday commenced trial in a case involving Idris Shuabu, a developer and Ikechukwu Sebastian for allegedly obtaining N86 million under false pretence. Prosecution counsel, Mr Richard Dauda, who led Shuaibu in evidence at the witness box, said his 26 hectares of land was revoked by the ...