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Tag Archives: housing estates

IGP discloses commencement of post-retirement housing units for office

post-retirement

The Inspector-General of Police (IGP), Mr. Ibrahim Idris, said the Force had commenced the construction of post-retirement housing units for its personnel across the country. Idris made the disclosure at the inauguration of the Nigeria Police Force housing estate in Mbora district of Abuja on Tuesday. The post-retirement project was carried out in conjunction with CORPAN International Ltd. “When these ...

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FMBN warns mortgage bankers against delay in disbursement of funds

FMBN

The Managing Director, Federal Mortgage Bank of Nigeria (FMBN), Arch. Ahmed Musa Dangiwa, has warned the Mortgage Bankers’ Association of Nigeria (MBAN) to stop delaying the disbursement of funds to developers. Dangiwa, who gave the warning at a tripartite meeting between the Federal Mortgage Bank of Nigeria (FMBN), Mortgage Bankers’ Association of Nigeria (MBAN) and Real Estate Developers’ Association of ...

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Police nabs electricity cable thief at Sangotedo housing scheme

Police

The Police Rapid Response Squad (RRS) on Thursday arrested an electricity cable thief at Sangotedo Housing Scheme under construction by the Lagos State Government. Policemen guarding the site told the Commissioner for Housing, Mr Gbolahan Lawal, during his inspection visit to the project that the suspect, an employee on site, was rescued from being lynched. “We got information that the ...

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Edo agency to re-certify estate residents, begin rent recovery

Investing in real estate

The Edo Development and Property Authority (EDPA) will from ending of this month embark on re-certification and rent recovery exercise of residents in its estates across the state. In a statement, the Executive Chairman, EDPA, Isoken Omo, said the exercise, which is expected to last for eight weeks, will target homeowners and estate residents. The affected estates according to him ...

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Sterling Bank wins the Housing Friendly Commercial Bank of the Year Award

Housing Friendly Commercial Bank

“Sterling Bank Plc, has won the Housing Friendly Commercial Bank of the Year Award for its remarkable impact on housing delivery in Nigeria’s housing sector.”- The News Receiving the award at the 12th edition of the Abuja Housing Awards in the Federal Capital Territory (FCT), Abuja recently, Sterling Bank’s Non-Interest Banking (NIB) Group Head, Mr. Basheer Oshodi said, the Bank ...

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FG approves 10% waiver on housing mortgages below N5m

FG waives 10% payment on housing mortgages below N5m

“As a demonstration of its commitment to provide affordable housing to Nigerians, especially the low income earners, the Federal Government has approved 10 percent waiver on housing mortgages below N5million for Nigerians”- reports Vanguard According to Vanguard, Minister of State for Power, Works and Housing, Mr Mustapha Baba Shehuri, announced this during the commissioning of a 125-unit housing estate being ...

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