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Monthly Archives: July 2016

Top 10 Most Beautiful Cities In Africa

Most Beautiful cities in Africa

In as much that Africa is perceived as the poorest continent in the world, there are some cities on the continent that would make you want to have a second thought about the general perception. These cities can rub shoulders with some big cities of the world such as Madrid, Rio De Janeiro, Buenos Aires, Paris and even Tokyo. Let’s ...

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FG Reiterates Commitment to Addressing Infrastructural Decay

Senate Mandates Committee To Invite Fashola Over Bailey Bridges

The Federal Government on Thursday gave assurance that it would do everything possible to address infrastructural decay which had hindered sustainable growth of the country`s economy over the years. Mr. Babatunde Fashola, the Minister of Power, Works and Housing, gave the assurance in Abuja when he met with a delegation from the International Monetary Fund, (IMF), a statement said. The ...

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Firm Announces Auction of 150 Properties in Abuja

Senate Gives Area Council 3weeks Deadline To Clean Up Abuja

Real Estate Auction Network has announced auctioning of about 150 properties including commercial and residential houses, and plots of land located in all parts of Abuja. According to the firm, the auctions will be available for bids next month. With suggested opening bid starting of N5million, the properties, including ones on central locations in the Abuja metropolis is expected to ...

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FG Can’t Continue Funding of Airports – Minister of Aviation

FG Can’t Continue Funding of Airports - Minister of Aviation

The Minister of Aviation, Senator Hadi Sirika, has said the Federal Government can no longer sustain the funding of the 22 airports across the country thus they will be concessioned. The minister said the concession would start with the big four airports – Abuja, Lagos, Kano and Port Harcourt as government revenue dwindles. The minister stated this yesterday shortly after ...

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Vancouver Wealthy Overseas Buyers to Face New Real Estate Tax

Vancouver Wealthy overseas buyers to face new real estate tax

Vancouver, British Columbia, residents will soon get a larger cut from the real estate shopping spree that’s taking place in their city, courtesy of wealthy overseas buyers that are snatching up property there. The British Columbian government on Monday approved a new 15 percent tax on foreign property buyers in metropolitan Vancouver, as a surge in real estate purchases by ...

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Housing Satisfaction In Nigeria – The Plight of Poor Urban Dwellers

urban dwellers

The poor urban dwellers in Nigeria are made up of Low income earners or No income earners as the case may be. This article examines the variables that have relationship with the poor urban dwellers deriving residential housing satisfaction and attaining sustainable environmental quality in Nigeria, especially in urban cities of Lagos, Port-Harcourt, Warri, Calabar and Ibadan. Though it is ...

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Survey Shows Fewer First Time Home Buyers in England

UK asking prices

The age of first time buyers in England has increased over the past 20 years, up from 30 to 33, according to the latest English Housing Survey published by the government, according to a report by Propertywire.com. In 2014/2015 the majority of first time buyers, some 61 per cent, were aged 25 to 34 and this was similar to 1994/1995 ...

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Work Begins on Magodo-Shangisha Drainage3

The Lagos State Public Works Corporation has commenced the construction of a major collector drain at Magodo-Shangisha to avert flooding in the area. The Chief Executive Officer, LSPWC, Mr. Ayotunde Sodeinde, said work was currently ongoing on the long stretch of the Magodo-Shagisha canal embedded in a gorge in order to ease the flow of rainwater and domestic discharge from ...

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Online Property Listing is Yet to Become the Magic Pill in Nigeria

Oluwafemi Taiwo is an Internet executive, long-time entrepreneur & strategic advisor. He is the Co-Founder and Managing Director of PrivateProperty.com.ng – Nigeria’s number 1 Real Estate portal.  In this interview with Elsie Godwin of Nigeria Real Estate Hub (NREH), he reveals that selling properties online hasn’t become the magic pill for real estate marketers yet but that there has been tremendous growth ...

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Minister Says Public-Private Synergy Will Address Housing Deficit

Pension Fund Cannot Be Used Like Oil Money - Fashola

Minister of Power, Works and Housing, Babatunde Fashola, SAN, has advocated for a synergy between the Public and Private Sectors in the country, describing such partnership as imperative in addressing the nation’s housing deficit. While speaking on the theme, “Expanding Access to Affordable Housing,” to a gathering of professional builders, investors and other stakeholders in in the Built Industry on ...

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