The Building Collapse Prevention Guild has said it is important to understand the meaning and concept of storey building that has long been confusing to construction practitioners. The body said in a statement signed by its President, Mr. Kunle Awobodu, that understanding the use of the word ‘storey’ in building construction would help to distinguish different heights of buildings for ...
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Aregbesola blamed for poor roads in Osun
The Chairman of the Peoples Democratic Party in Ife-North Local Government Area of Osun State, Mr. Lekan Obisakin, has berated the state government headed by Rauf Aregbesola over alleged neglect of community roads in the state. Addressing members of the PDP, who contributed a sum of N20m to grade a 49 kilometre road linking many towns in the council at ...
Read More »Politicians sell property to raise funds for elections
In a desperate bid to raise funds ahead of February general elections, politicians seeking or sponsoring candidates for elective posts have started selling their property in major cities of the country such as Lagos, Abuja and Port Harcourt. According to a report by PUNCH, the development had crashed property market value as the politicians reduced the cost of their property ...
Read More »Ogun promises to refrain from demolishing properties in Ado-Odo/Ota LG
The Ogun State Government has reassured residents of Ado-Odo community in Ado-Odo/Ota Local Government area that necessary steps will be taken to accommodate existing structures on acquired land in the area, but warned them to stop further construction on the land to avoid demolition. The Chairman, Board of Directors, Ogun State Housing Corporation, Alhaji Bashiru Fadairo, stated this at the ...
Read More »Fashola cuts rates on land transactions to woo investors
In a move aimed at wooing investors towards further strengthening the economy of Lagos at a time falling oil prices are pushing some states towards insolvency, Governor Babatunde Fashola has signed an executive order slashing rates applicable to land transactions in the state. The governor’s action is a response to public outcry against difficulties associated with land transactions in Lagos, ...
Read More »Lagos give housing and construction projects boost
Convinced of the strategic importance and potentials of building and construction sector as the third largest in terms of gross domestic product (GDP), ranking in Lagos, the state government has come up with new initiative that is geared towards boosting activities within the sector in the state. Essentially, two major areas are currently receiving attention, namely; housing and construction sector. ...
Read More »Nigeria among 19 countries at risk from sea level rise
Going by the recent report by Climate Central, an organization that is consistently monitoring climate change and its effects globally, 20 countries are said to be at risk from sea level rise. The countries included Nigeria where one percent of the population may likely be affected, especially, in the coastal areas, while China, Vietnam, Japan, India Philippines and Netherlands, among ...
Read More »Ikorodu-Mile12 BRT Extension to be completed in 1st quarter of 2015
The 13.5 kilometre Mile 12 to Ikorodu Bus Rapid Transit, BRT extension project which has reached 90 percent completion, will be delivered before the end of the first quarter of 2015. When completed, the project will have the capacity to move more than 300,000 passengers daily. This was disclosed to newsmen by the Managing Director of the Lagos Metropolitan Transport ...
Read More »Demolition of official quarters in UNIBEN cause protest
Some employees of the University of Benin (UNIBEN), Edo State, on Tuesday protested against the alleged demolition of their official quarters by the state government. The workers, numbering 25, alleged that the demolition was carried out on Monday night on the orders of the state Governor, Adams Oshiomhole, without prior notice. They also accused the government of disrespecting the court ...
Read More »The ‘SUPPLIER’s CREDIT’ approach to buying properties
This is the continuation of the ‘Approaches to buying properties’ series we started towards the end of last year. You can read the earlier articles where we discussed the first approach here and here. The second method is what you can call a supplier’s credit. Supplier’s credit like we know it is your supplier giving you goods to sell before ...
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