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Enforce speed limiting devices on private vehicles – RTEAN

Speed limiting devices

According to a report in Vanguard, The Road Transport Employers Association of Nigeria (RTEAN) has advised the Federal Road Safety Corps (FRSC) to begin enforcement of speed limiting devices on private vehicles to reduce accidents. Alhaji Musa Muhammed, RTEAN Chairman in Lagos State, gave the advice in an interview with newsmen on Wednesday in Lagos. According to him, enforcing speed ...

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Lagos and the Evolution of Oyingbo Market

Onyingbo Market

Lagos state is unique in many ways. It is the most populous state of Nigeria and is the leading non-oil sector contributor to the country’s Gross Domestic product (GDP). In this piece, Biodun Onayele writes about Lagos and the evolution of Onyingbo market. In 2006, Lagos contributed 30% of the nation’s GDP, consumed more than 60% of its energy, paid 65% ...

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Constant power supply is an impossibility if bills are not paid

power supply

“The Association of Nigerian Electricity Distributors (ANED) has called on Nigerians to pay their electricity bills promptly as non-payment of electricity bills would worsen the irregular power supply in Nigeria” – PM NEWS Mr Sunday Oduntan, its Executive Director (Research and Advocacy), said in a statement in Lagos that lack of steady power supply had hindered the development of the ...

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LASG begins enforcement against tax defaulters

Tax defaulters

The Lagos State Government on Monday directed all its revenue agencies to ensure prompt payment of taxes and also commence enforcement of payment by all tax defaulters with immediate effect. Commissioner for Information and Strategy, Mr. Steve Ayorinde, in a statement, lamented that many residents were not fulfilling their civic obligation of paying their taxes and that the prevailing situation ...

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Stakeholders of real estate advocate stratified sector for affordable housing pricing

affordable housing pricing

Guardian reports that to address the real estate market in a more focused way, experts have called for stratification of the sector to ensure social and affordable housing. Stakeholders of real estate spoke at the 2017 yearly Real Estate Unite summit in Lagos, according to them, there is still huge opportunities for the real estate industry if the right things are done. The summit has as its topic: “ Africa’s ...

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Ghana real estate fair to debut in Nigeria in December

Ghana real estate

All is now set for the first ever Ghana Property Show in Nigeria, with a delegation of over 15 leading Ghanaian real estate companies billed to showcase participate , and showcase high quality Ghanaian housing expertise. This is according to a report on Daily Times. Expected at the fair scheduled to hold on 9th December, 2017, at the Federal Palace ...

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Cisco Systems Develop Innovative Connected Building Technology Solutions

Connected Building Technology Cisco Systems

Cisco Systems, a global leader in networking and information technology solutions has introduced an innovative, smart and connected building technology solution that will further drive real estate business. The technology solution is coming at a time when most states in Nigeria are planning towards smart and connected cities that are driven by Internet of Things (IoTs) and Artificial Intelligence (AI). ...

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Reps investigate diversion of $35m GEM Project fund to assist SMEs in Real Estate, others

Reps GEM Project Fund

The House of Reps has mandated its joint committees on Finance, Industry, Commerce and Aids, Loans and Debt Management to investigate the N97 billion Growth and Employment (GEM) Project. The joint committees is also to ascertain the number of beneficiaries for far, the extent of involvement of consultants, inflow received and disbursement made since commencement, including all other related issues ...

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