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Monthly Archives: July 2015

PENCOM introduces Mortgage synergy to allow contributors own their homes

The National Pension Commission, PENCOM, has called on States and local government areas in the South-East region to expedite action towards full implementation of the Contributory Pension Scheme, CPS. The Director General of PENCOM, Mrs. Chinelo Anohu-Amazu, who gave the charge on Thursday in Enugu at a sensitization workshop held for the people of South-East, expressed concern over the low ...

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Number of homeless youth in the UK exceeds government figures

According to a major new study by housing experts at Cambridge University the true number of young people who are homeless far exceeds government figures. Some 83,000 homeless young people have had to rely on councils and charities for a roof over their heads during the past year – more than three times the 26,852 young people recorded in homeless ...

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Why Kano multi-billion naira mega cities are still empty

Kano multi-billion naira mega cities

Kano State government has explained why the newly constructed mega cities are yet to be allotted to people almost two months after completion of the multi-billion naira housing estates. Currently the Kano multi-billion naira mega cities are nothing short of empty. The housing projects which were said to have been executed to decongest Kano cities and provide shelter for residents ...

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Abuja Housing Show drums support for affordable housing delivery

FG Is Committed To Addressing Housing Deficits – Osinbajo

Stakeholders have called for the implementation of appropriate policies and strategies to provide affordable housing to Nigerians. They spoke at the ninth edition of the Abuja Housing Show in Abuja. The event has kicked off with the theme, “Delivery of Affordable Housing: Financing, Building Technology and Land issues in Nigeria.” Stakeholders drummed support for affordable housing delivery to Nigerians. The ...

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Federal High court orders former Governor to Forfeit multibillion naira property

A Federal High court in Lagos has ordered that four companies associated with former Enugu State governor, Chimaroke Nnamani, be forfeited to the Federal Government. The four companies – Rainbownet Nigeria Limited, Cosmos FM, Capital City Automobile Nigeria Limited and Renaissance University Teaching Hospital – were convicted by a judge of the Lagos court, Mohammed Yinusa, on Tuesday after pleading ...

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How to effect land excision in Lagos State

A lot of people have issues understanding what excision means. This is why I have decided to help out by writing this article on how to effect land excision in Lagos State. A portion of land is said to be excised if such has been legally released through a government gazette to the indigenous settlers. The Land use act of ...

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Weiler GMBH & BTG Group to Deploy Precast Technology for Housing Development

Weiler GMBH, a German construction outfit and BTG Group, one of Nigeria’s real estate development companies, have concluded arrangement to use precast concrete building technology to increase the nation’s huge housing shortage. Briefing the media at the innovative housing solution dialogue recently in Abuja, the management of BTG Group, led by Dr. Ijeoma Arodiogbu, said the outfit has concluded partnership ...

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“The major problem facing estate agents in Nigeria is lack of unity” – Jide Odelola

Solving The Problem Of Affordable Housing In Nigeria

Mr. Jide Odelola, the Deputy Chairman of Association of Property Investment and Commissioned Agents in Nigeria (APICAN), who has journeyed through being an educationist into being a realtor in this brief chat with Nigeria real estate hub correspondent states clearly that the major problem facing estate agents in Nigeria is non-unity. According to Jide, “APICAN is an association of real ...

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Understanding Zoning and Planning before Property Acquisition

As a real estate agent, it is essential that you check out a property in its entirety before advising your customer to put money on it so that whatever issues exist would have been sorted out before money exchange hands. This becomes your customer’s prerogative to avoid putting him/her in harm’s way. Putting the aforementioned premise in perspective, there is ...

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