THE National President, Real Estate Developers Association of Nigeria, REDAN, Rev. Ugochuckwu Chime has appealed to President Muhammadu Buhari to develop a new housing policy which will enable the common people, (the Talakawas) who voted him into power to have their own houses. The REDAN boss who made the appeal at the end of a one-day multi- stakeholders interactive workshop ...
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11 states face risk of flooding
No fewer that 11 states in Nigeria are at risk of flooding, according to the Nigerian Hydrological Agency, NHSA. The Agency which unveiled its 2015 Annual Flood Outlook has therefore advised the concerned states to come up with effective mitigation strategies, capable of preventing flooding within their territories. The Agency listed the high flood risk areas to include Sokoto-Rima, Niger, Benue ...
Read More »Nigeria’s construction industry in standstill, waiting for Buhari
Nigeria’s construction industry has been near standstill for the past few months due to the triple combination of the inability of the Federal Government to roll out its economic policies, huge debt owed contractors and the advent of the rainy season. The industry which contributes about 70 percent of the country’s gross domestic product, GDP, is having serious multiplier effects on ...
Read More »Dangote cement plans to expand plant in Cameroon
Dangote Cement Plc has revealed its plans to expand the output from its Douala, Cameroon plant from the current 1.5 million metric tonnes per annum to three million metric tonnes by investing in a similar plant in Yaoundé. This is according to a report from PUNCH news. The President, Dangote Group, Alhaji Aliko Dangote, stated this during a recent visit ...
Read More »850 churches have been destroyed by Boko Haram – PFN
The terrorism of Boko Haram in the north eastern part of Nigeria has taken many lives since the sect broke out about 6 years ago. Properties have also been destroyed, and in taking stock, one will realize how much work will need to be done in putting the north east back in shape, in terms of real estate. The President, ...
Read More »‘Atlanta in top 10 for commercial real estate demand’ – DTZ
According to a prominent real estate firm, Atlanta experiences a sizable boon in tenant demand for commercial real estate, which corresponded with the ascension of renting throughout the country. DTZ said the demand for real estate space rebounding in more than 70 percent of the country during the second quarter of 2015. The city of Atlanta was named in the top ...
Read More »UKTI & Ecotrends to organise exhibition on homes and property
The United Kingdom (UK) Trade and Investments (UKTI), Lagos, in collaboration with Ecotrends Limited, is to organise an exhibition on homes and property. Slated to hold between July 31 and August 1, at KFA Events Place Lekki, Lagos, the premier trade show will provide its exhibitors the platform to showcase and promote their products and services, giving them the opportunity ...
Read More »RMB Westport to unveil new mall along Lekki corridor December 2015.
The retail sector of the real estate industry in Nigeria is set to receive a boost, as an investor, RMB Westport, has concluded plans to unveil a new mall along Lekki corridor in Lagos State, December 2015. Called, Lekki Circle Mall, the initiative is coming after a successful completion of the popular Ikeja City Mall, also owned by the same ...
Read More »Al-Amin reassures commitment to FHA’s transformation drive
Determined to follow through on his vision to transform the Federal Housing Authority (FHA), its Managing Director, Professor Mohammed Al-Amin has said that FHA’s management will not be distracted on its mandate to turn around the Authority. Al-min, who said this in Abuja at the weekend during a ceremony to mark his investiture as an ambassador of ethics and conscience, ...
Read More »Enugu Govt. partners with BTG to deliver 1000 housing units
Believed in its capacity to deliver, the Enugu State Government has struck a deal with a local real estate development firm, BTG Group Nig. Ltd., to deliver 1000 housing units with a new mass housing solution. This came to the fore last week, even as BTG Group has concluded on a partnership agreement with WEILER GMBH Germany, to set up ...
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