The Onikogbo of Ikogbo, Ogun State, Oba Nurudeen Osoja, has called on the government and law enforcement agencies to help retrieve the community’s land from thugs. According to him, all the expanse of land in Ikogbo in Ado- Odo Ota Local Government Area belongs to the community. He said the community had been exercising unfettered right of ownership on the ...
Read More »Yearly Archives: 2015
FG Plans Calabar – Lagos – Kano Railway Network
According to Transport Minister, Rotimi Amaechi, Nigeria is to open a new railway network from Obudu in Cross Rivers State, running through the coastal states of Akwa Ibom, Rivers, Bayelsa, Delta, Anambra, Edo and terminating at the Lagos port. The Obudu to Lagos coastal railway network is to be inaugurated as a fresh project with new train terminal stations to ...
Read More »400 Residential Apartments To Be Sold To Retiring Police Officers
The Inspector General of Police, IGP Solomon Arase has revealed that 400 residential apartments would be completed by January 2016 and sold to retiring police officers. This was as he explained that the Nigeria Police Cooperative and Multi-purpose Society had developed and acquired some housing projects within the country which were being sold to police personnel at affordable prices. Arase, ...
Read More »Effective Land Administration is Crucial to Housing Delivery
Nigeria will have a good system of housing delivery if the various agencies of government that deal in land documentation streamline their activities. This was one of the outcomes of brainstorming by professionals at the 10th anniversary and the inauguration ceremony of the Nuel Mark Development, a real estate firm, which held in Port Harcourt, River state, recently. Discussing ‘Integrated ...
Read More »Consistent Housing Needed To Solve Mass Housing Deficit Problem In Nigeria – Al-Amin
The managing director (MD/CEO), Federal Housing Authority (FHA), Professor Mohammed Al-Amin, has stated that consistent provision of mass housing is needed if the government has to solve the problem of mass housing deficit in the country. The FHA MD, who gave this hint in an exclusive interview with Leadershipng said that even though housing deficit is a global phenomenon, the ...
Read More »Government Decides To Postpone Passage Of Real Estate Bill To Next Year
New Delhi- The real estate Bill, which had cleared all hurdles including parliamentary committee scrutiny and Cabinet approval, won’t be passed in the ongoing winter session of Parliament, delaying one of the government’s key reform initiatives. Facing formidable opposition in the Rajya Sabha and persistent disruptions, the government has decided against moving the amended Real Estate (Development and Regulation) Bill ...
Read More »2016 Budget: Ministry of Power, Works and Housing Gets N433.4 billion
The Federal Government, on Tuesday in Abuja earmarked N433.4 billion in the 2016 budget for its services in the Ministry of Power, Works and Housing. President Muhammadu Buhari stated this on Tuesday in his 2016 budget speech delivered at the Joint session of the National Assembly. He said it was the intention of government to raise the percentage allocation for capital expenditure ...
Read More »FHA Seeks States’ Partnership
The Managing Director, Federal Housing Authority (FHA), Prof. Mohammed Al-Amin, has called for partnership between the authority and state governments to ensure access to land for housing development. Al-Amin made the call in an interview with newsmen in Abuja. The managing director noted that the Land Use Act of 1978 vested the ownership of land on state governors, hence the ...
Read More »Ambode Unveils Plan To Transform Ebute Metta Into Tourists’ Haven
Gov. Akinwunmi Ambode of Lagos State on Monday unveiled plans to transform Ebute Metta into a tourists’ haven. Ambode spoke during an inspection tour of ongoing projects, which also featured the commissioning of Ipaja-Ayobo and Ikotun-Ejigbo roads in the state. He said that the state government planned to establish a recreation park on the stretch of land overlooking the lagoon, ...
Read More »Real Estate Professionals In Synergy With Financial Institutions On Property Development, Sales
Professionals in Nigeria’s real estate sector are to synergise with financial institutions for ease in property acquisition in the country and in the United Kingdom. This platform was provided by two formidable real estate marketing firms, OrbitalQ Properties and Hollysaks Properties that have gone into partnership for the purpose serving the property needs of Nigerians at home and in the ...
Read More »