Government on Wednesday launched its ‘Housing for All by 2022’ mission and approved a substantial increase in interest relief on loan for the urban poor to promote affordable homes. The Union Cabinet chaired by Prime Minister Narendra Modi accepted the recommendations of an Inter-Ministerial Committee to increase interest subvention to 6.50 per cent on housing loans to beneficiaries belonging to ...

France unveiled plans on Wednesday to add 10,500 additional housing spots for migrants as European nations grapple with how to handle a wave of people crossing the Mediterranean. The government plans 5,000 housing units for people granted asylum in France, 4,000 for asylum seekers and 1,500 emergency slots for illegal immigrants. In seven years, the number of asylum seekers has ...

An agro-tour operator, Mrs. Oluyinka Taiwo, has said that the current fall in the price of crude oil had made it necessary for the diversification of the economy to develop the under-developed areas of the economy like real estate, agriculture and mining.   Taiwo has advised the federal and state governments to assist private individuals to embrace integrated farming to ...

No fewer than 300 housing units being constructed by the Federal Government in collaboration with Cross River State for the resettlement of the displaced people of Agwagune in Biase LGA of Cross River State have reached advanced stages of completion. Over 60 per cent of the houses comprising two bedrooms semidetached and 3 bedrooms have been roofed while others are ...

With a population of about 21 million people, the second fastest growing city in Africa, yet Lagos happens to be the smallest city in Nigeria with a vast area of wetlands. The implication of this is that, a fraction of the population stay on water or along it, while others who are not entirely human may prefer to dwell in ...

Akwa Ibom State Governor, Udom Emmanuel, has called on the Federal Government to rehabilitate the Calabar-Itu Road to save it from golly erosion which is seriously threatening its existence. The governor made the call when he inspected one of the erosion sites along the road. Calabar-Itu road is a Federal Road and the only major link between Akwa Ibom and ...

A Nigerian-American, Mr. Imokhuede Ohikhuare, has heaved sigh of relief, following a declaration by a superior court of record in the country that he is the owner of over N1billion residential property located at No 1809, Asokoro, Federal Vapital Territory, Abuja. With the judgment, the claim by a former Nigeria’s Ambassador to South Africa, Alhaji Shehu Malami and a businessman, ...

Eager to protect the nation’s wealth and build resilience for the future, experts have advocated a fresh policy, and where necessary, legislation for the maintenance of public buildings and private estates in the country. Nigeria requires about $3.05 trillion (N485 trillion) to provide quality infrastructure over the next 30 years, with an estimated cost of N166, billion required for phase 1. With Nigeria’s performance on the provision of funding for infrastructure standing at less than 25 per ...

Rock of Ages Properties Limited, a member of (CHICASON) Group has started the construction of 10,000 housing units at Lugbe south in the Federal Capital Territory (FCT). Chairman of the CHICASON Group, Mr. Chika Okafor, who disclosed this to journalists, said the houses were for civil servants and other interested individuals, adding that before the end of year, about 3000 ...

According to a story from News24 written by Bienne Huisman, Cape Town’s multimillion-rand trophy homes on the Atlantic seaboard are being snapped up by rich Nigerians, Angolans and Zimbabweans. Read more below: “Cape Town’s multimillion-rand trophy homes are being snapped up by rich Nigerians, Angolans and Zimbabweans who fork out top dollar for luxury sea-facing properties in Cape Town, which they consider ...