Real Estate News

Enugu State Government has set-up surveillance team to monitor activities of neighbourhood watch vigilante in various communities in the state. The News Agency of Nigeria (NAN) reports that the surveillance team is made up of ex-service men. According to NAN the State Commissioner for Human Capital Development and Poverty Reduction, Mr Obinna Mbaeke, told NAN in Enugu on Friday that ...

After the relocation of air services to Kaduna Airport from the Nnamdi Azikiwe International Airport, Abuja, the Nigeria Security and Civil Defence Corps (NSCDC) has established 15 outposts along the Abuja-Kaduna road, which cover Zuba, Bwari, Jere, Kadua routes etc, to ensure security of the roads for six weeks starting March 8. New Telegraph reports that this was disclosed by ...

In order to clear the backlog of debts owed contractors, the federal government is working to issue promissory notes to contractors to clear a preponderance of domestic debts. The Nation reports that the Minister of Finance, Mrs Kemi Adeosun, while speaking at the 14th Daily Trust dialogue with the theme Beyond Recession in Abuja on Thursday,  disclosed that the federal ...

The Federal Mortgage Bank of Nigeria (FMBN), Shelter Afrique and Real Estate Developers Association of Nigeria (REDAN), have signed a $2 billion Memorandum of  Understanding to provide affordable housing for Nigerians. New Telegraph reports that Mr. Richard Esin, the Acting Managing Director of FMBN, said the  MoU was the first critical journey aimed at providing affordable housing for Nigerians. The ...

New Telegraph reports that Lagos State Governor, Mr Akinwunmi Ambode has made it known that Lagos State will need a minimum of N60billion to be able to put the state’s schools back on track. According to New Telegraph, Ambode also said that his administration would consolidate on its infrastructural renewal drive with the construction of 181 local government roads in the current ...

Oyo State government will prosecute environmental offenders from February 1. The Nation reports that the government listed offences as indiscriminate refuse dumping, street trading, air pollution, illegal erection of structures on set back roads, among others. Commissioner for Environment and Water Resources Isaac Ishola and Commissioner for Information and Culture Toye Arulogun said this in Ibadan yesterday, The Nation reports. ...

The Guardian reports that the Burma Street Residents’ Association in Apapa area of Lagos State has appealed to the governor, Akinwunmi Ambode, to take decisive measures against the menace of articulated vehicles and trucks causing chaotic traffic in the area. According to The Guardian, the worried residents and aggrieved business operators in the area lamented that until something urgent is ...

Dangote Group has announced the shutting down of its new tomato paste plant in Nigeria due to a shortage of dollars needed to import raw materials. New Telegraph reports that a Senior Executive Officer in Dangote Group, Edwin Devakumar, told an online news agency in an interview yesterday, this was the second such closure in months. Last year, the management ...

The president, National Association of Resident Doctors at the Lagos University Teaching Hospital (LUTH), Dr. Afolabi Akinkunmi has raised an alarm over the impact of economic recession on maternal health, saying many expectant mothers at the point of delivery do not have access to needed health care. New Telegraph reports that to this end, Dr Akinkunmi called on the three tiers ...

The Nation reports that hundreds of Ibadan residents yesterday expressed delight on the resumption of work on the Ibadan-Abeokuta Expressway, which was abandoned four years ago. They said the resumption of work was a huge relief to them and called on the Federal Government to dualise the road, The Nation reports. Workers and heavy equipment belonging to an indigenous construction ...