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Yearly Archives: 2016

Ambode, Fashola To Commission New Housing Corporation Building

Lagos Govt. Orders Occupiers of Lekki Gardens to Vacate Homes For Integrity Test

The Association of Housing Corporations of Nigeria (AHCN) has completed its ultra modern edifice and it is due for commissioning on Thursday 26th May, 2016 at the Central Business District, Alausa, Ikeja in Lagos. The edifice which will be commissioned by the Governor of Lagos State, Governor Akinwunmi Ambode, and Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, ...

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Ex-NNPC GMD Operated Secret Account to Buy Posh Property While in Office

Ex-NNPC GMD Operated Secret Account to Buy Posh Property While in Office

A former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Abubakar Lawal Yar’Adua, bought a posh home worth £890,000 in London using a secret offshore company he registered in the British Virgin Island. Documents retrieved from the Mossack Fonseca database, exclusively obtained by German newspaper, Süddeutsche Zeitung, and shared by the International Consortium of Investigative Journalists (ICIJ) with ...

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NIESV Urges Govt. To Establish Real Estate Transaction Agency

NIESV Vows To Sanction Unregistered Practitioners Land reforms

The newly elected president of Nigeria Institute of Estate Surveyors and Valuers (NIESV), ESV Bolarinde Patunola-Ajayi has called on the federal government and State governors to establish Real Estate Transaction department to avoid illegal extortion by quack agents and surveyors. Briefing newsmen in Abuja shortly after the maiden Council meeting since his assumption of office, he noted that the agency ...

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FG Looking Into Privatisation of Lagos-Kano Rail Line

Railway frustration forces Dangote to assemble truck - Amaechi

The Federal Government is to look for private investment in the rail sector beginning with the Lagos-Kano rail line the Minister of Transportation, Rotimi Amaechi, said yesterday. Amaechi, who spoke at the House of Representatives public hearing on Nigerian Railway Authority Bill and the National Transport Commission Bill by the joint transport committees, told the legislators that $166bn was also ...

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Why Foundation Is The Most Important Part Of Your Home

the foundation

Just like the foundations of a marriage is essential to the sustenance of a home so is the foundation of a building pivotal to the sustenance of a home as related to the building. This article explains why the foundation is the most important part of a home. Home building isn’t rocket science, but local building codes may require the ...

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FMBN, FHA To Commence Construction of 30,000 Houses

Federal Housing Authority to Partner Turkish Firms on Housing Delivery

The Federal Mortgage Bank of Nigeria and its partner, Federal Housing Authority of Nigeria, have announced the commencement of the construction of 30,000 housing units across the country. According to the FMBN, the N9bn project, which will employ about two million workers from all over the country, will commence this week in Lagos, Abuja, Kano and Port Harcourt. Speaking at ...

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3-storey Building Collapses at Oko, Anambra State

3-storey Building Collapses at Oko, Anambra State

A 3-storey uncompleted building collapsed at the permanent site of Federal Polytechnic Oko, Amaokpala, in Orumba North LGA of Anambra State yesterday. The men of Anambra State Emergency Emergency Management Agency, SEMA are currently on ground with excavators and other equipments to ensure that no one is trapped or killed. Governor Obiano arrived at the site of the collapse this ...

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Real Estate Lawyer Sued for Shielding Assets

A prominent Chicago real estate lawyer is being sued by a creditor that says he fraudulently shielded assets to dodge personal guarantees for more than $21 million in loans. Glenn L. Udell, and his wife, Pamela Udell, both are named in a lawsuit PNC Bank filed May 19 in federal court in Chicago. It alleges the couple conspired to transfer ...

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