Real Estate

The Lagos State Government, on Monday, demolished the Katangowa Market in the Abule-Egba area of the state to pave way for the development of the new Computer Village in the area. Shops, houses and worship centres around the market were also reduced to rubble after the expiration of a seven-day notice to quit. An automobile spare parts dealer, Mr. Jude ...

The Edo State Governor, Mr. Godwin Obaseki, has set up an assets management agency to oversee the maintenance of public property in the state. Obaseki, while speaking at a meeting with members of the executive committee, said the initiative was deemed necessary in the wake of increased investment in public property across the state. He said his administration would grow, develop ...

Lagos State Government has collaborated with Architects Registration Council (ARCON) by raising a joint committee on the modality and possible implementation of Architects’ Project Registration Number in the state. This was revealed in Lagos when ARCON visited the state’s Ministry of Physical Planning and Urban Development during which the former presented various issues to the ministry on moving the state’s ...

A real estate development firm Landshop founder Prince David Omaghomi has called for the amendment of the Land Use Act to recognise ancestral ownership of land and make them bankable. At a briefing, Omaghomi said though he could not challenge the Land Use Act, he could call for its amendment on it as many cases were still pending in the ...

Chiemelie Ezeobi and Sunday Ehigiator report that while civil society and non-governmental organisations condemn the recent eviction of Tarkwa Bay residents, the taskforce and Lagos State government have cited the huge scale pipeline vandalism and crude oil theft in the island as valid reasons for the eviction The joint task force against pipeline vandalism and crude oil theft, comprising the ...

In order to reduce the housing deficits in the country, public-spirited Nigerians have called the Federal Government to create strategy of building a yearly supply of 700,000 housing units to fight the scourge of shortage of accommodation in the country. The respondents believe that unless there is a template, the shortage will continue unabated. Andrew Nevin, Chief Economist, PricewaterhouseCoopers (PwC) ...

An expert in the real estate sub-sector, Bode Adediji, has revealed that only about 30 per cent of Nigerians have access to decent living and houses in the country.  He said this is due to estate crisis following poor real estate management which he identified as a major threat to the country’s development.  He spoke as a guest lecturer at ...

On Thursday, residents fled Tyomu community in Fidi ward of Makurdi Local Government Area in Benue State following violent clash among the villagers which left several houses burnt down. Witnesses said tension which began building few days to Christmas in at least five settlements of the community including; Yogbo, Akile, Gagabe, Angbaye and Tyomu situated on KM 16, along Makurdi-Gboko ...

The Kaduna State Ministry for Sports yesterday said it has concluded plans to develop sports facilities in 32 secondary schools across the state. Special Adviser on Media to the Commissioner of Sports Development, Ismaila-Umaru Lere made the disclosure during a media briefing at the Media Centre, Ahmadu Bello Stadium (ABS), Kaduna. Lere said developing such facilities is part of the ...

In a bid to prevent recurrence of floods that ravaged the community for a greater part of last year, residents of Isheri Estate in Lagos and Ogun states have called on the two-state governments to do a proper channelling of the community as well as provide basic infrastructure in the area.  Chairman of Riverview Estate Residents and Stakeholders’ Association, Mr. ...