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Tag Archives: Housing

Osinbajo restates FG’s commitment to provide housing for low income citizens

housing for low income earners

Vice President Yemi Osinbajo has reiterated the commitment of the Federal Government to tackle the housing deficit, especially housing for low income earners in the country. Osinbajo, who was represented by the Minister of States for Power, Works and Housing, Mr Suleiman Hassan, said this in Abuja on Tuesday at a One-Day High-Level Dialogue on a Pro-Poor PPP Housing programme ...

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FESTAC Property Development Company Limited and FHA collaborate

FESTAC Property Development Company Limited

“The New FESTAC Property Development Company Limited (NFPDCL), in conjunction with the Federal Housing Authority (FHA), Southwest Zone, have partnered to develop the FASTAC Phase 2 Project in FESTAC Town, Lagos.”- The Nation The firm’s Executive Vice Chairman, Sir Isaac Chuks, said the FESTAC Phase 2 project has a land mass of 1,126 hectares, which was part of the 2, ...

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Stakeholders in the housing sector contemplate monthly rent payments

Stakeholders in the housing sector contemplate monthly rent payments

“Concerned about the sufferings encountered by tenants in the country, especially in urban centres like Abuja, Lagos, Kano, Port-Harcourt, among others over accommodation rents, stakeholders are  contemplating a legislation that would peg rent to a maximum of one month, instead of one, two or more years that has become the norm.”- Nigerian Tribune This decision was being contemplated after the ...

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Onalaja urges Federal Government to carry out reforms in housing sector

reforms in housing sector

The Federal Government has been urged  to carry out reforms in housing sector ; facilitate the amendment of the Land Use Act and create enabling environment for private developers to assist government in tackling the consistent problems of housing deficit in Nigeria-  The Tribune Bamidele Onalaja, the Chief Executive Officer of RevolutionPlus Property Development Company, made the appeal recently in Lagos during ...

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RENT TO OWN: Another path to owning a home.

Rent-to-own

Owning your house in a country like Nigeria, especially in metro cities of Lagos, Abuja and Port Harcourt is a laudable accomplishment considering the high cost of living. In this article, we take a look at an alternative to paying rent and being treated shabbily by your landlord. The cost of renting a standard house is so back-breaking, sometimes having ...

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NSCDC moves to address personnel’s accommodation needs

accommodation needs

“The Nigeria Security and Civil Defence Corps ( NSCDC ) has moved to key into the Federal Government’s housing policy to address the accommodation needs of its personnel.”- The Nation Spokesman of the Corps, Mr Emmanuel Okeh, disclosed this in a statement in Abuja on Thursday. Okeh said the Commandant General (CG) of the Corps, Mr Abdullahi Gana, announced the ...

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Wema Bank promotes home ownership for youths

Wema Bank promotes home ownership for youths

“Wema Bank promotes home ownership for youths. It has reiterated its commitment to give the millennials (the youths) the opportunity to save and have their own homes, own cars or go on vacation.”- The Nation Armed with over seven decades experience on providing banking services, Wema Bank introduced an insight-driven, innovative digital offering to Nigerians earlier in the year. The ...

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2nd Nigeria Real Estate Summit and Expo to hold in Lagos

rent recovery

The Guardian reports that over 50 leading Nigerian companies and counterpart firms from the UK, Ghana, South Africa and UAE are some of the organizations that would participate at the 2nd Nigeria Real Estate Summit and Expo to hold in Lagos.Announcing this at an interactive meeting with stake holders in Lagos, Steve Ike, head of the summit’s organsing committee stated ...

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