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Monthly Archives: March 2017

Realities of logging, land grabbing in Cross River

Realities of logging, land grabbing in Cross River

“Cross River set up one of the world’s protected forest reserve, raised a high standard for conservation, but Governor Ben Ayade still draws environmentalists’ ire for his stance on converting part of the area under the United Nations Reducing Emissions from Deforestation and forest Degradation  (UN-REDD) scheme for a 260-kilometre Superhighway project.” – The Guardian Ecologically minded critics view Ayade’s many ...

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Lagos issues deadline on Land Use Charge

Agege flyover completion date announced

“Lagos State Government has given landed property owners till April 14 to pay the state Land Use Charge, or risk losing the benefit of enjoying 15 per cent discount for paying the levy. Director, Public Affairs, Ministry of Finance, Mrs. Modupe Ileyemi, said this in a statement on Saturday. The official said the state government was keen on early payment ...

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Wemabod launches N3 billion Unity House redevelopment

Wemabod launches N3 billion Unity House redevelopment

“A new era is dawning on the real estate sector, following the drive to boost office space in Lagos Central Business District, with the launch of a redevelopment plan for the 21-floor Unity House by Wemabod Estates Limited.”- The Guardian Unity House, built about 52 years ago is located side by side with Union House and other commercial buildings in ...

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How budget delay hinders housing delivery, by stakeholders

Lagos hands over 200 rent-to-own homes

According to The Guardian, Stakeholders in the built sector say the delay in passing the 2017 budget which is making uncertain the amount of money to be spent in the industry may impact negatively on housing delivery this year. The country has between 17million and 18 million housing deficit and will need one million houses yearly to fill the gap. ...

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‘Future of estate surveying, valuation practice is bright’

‘Future of estate surveying, valuation practice is bright’

“From tomorrow, estate surveyors will converge on Imo State for their 47th annual conference, to acquaint the government and public with the peculiar roles of the profession in the economic development of the country. The Nigerian Institution of Estate Surveyors and Valuers president, Dr. Bolarinde Patunola-Ajayi, spoke with Property & Environment Editor, Chinedum Uwaegbulam on how it plans to expand ...

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Recession: Real estate stakeholders want sector reenergized

Recession: Real estate stakeholders want sector reenergized

Daily Trust reports that as the federal government  released the Economic Recovery and Growth Plan (ERGP) which unveils a road map for the country’s economic recovery growth and sustainable development, real estate experts have called on the government to look in the direction of the real estate sector to further improve the economy. The government said the core vision of ...

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Fashola inaugurates 100 housing units in Ogbomosho

Federal Housing: Allottees protest alleged resell of plots

“Mr Babatunde Fashola, the Minister of Power, Works and Housing, has inaugurated 100 housing units in Ogbomosho, Oyo state, a project funded by the Federal Mortgage Bank of Nigeria (FMBN). Inaugurating the housing units on Friday, Fashola said meeting the housing needs of Nigerians was a major priority of the Federal Government. He commended the bank, the developer and other ...

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Herdsmen, Land-Grabbers taking over army land in Ogun

land

“The recent visit by the General Officer Commanding (GOC), 81 Division Nigerian Army, Major-General Ebenezer Oyefolu to 35 Artillery Brigade, Alamala, Abeokuta, Ogun State, revealed that some parcels of the land belonging to the Nigerian Army in the state might have been encroached on either by land grabbers or herdsmen.”- All Africa. Vanguard gathered that the 35 Artillery Alamala Barracks ...

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Ekiti national housing programme site closed

Nigeria’s housing deficit

According to NAN, the Federal Government on Thursday ordered the suspension of work on the National Housing Scheme, Ado-Ekiti, Ekiti State. Mr Babatunde Fashola, the Minister of Power, Works and Housing, gave the ordered when he visited Ado-Ekiti on inspection of Federal Government projects in the state. He expressed dissatisfaction over the terrain, accessibility and the remote location of the ...

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‘Nigeria remains choice investment space’ CEO, Stanbic IBTC

‘Nigeria remains choice investment space’

“Mrs. Titi Ogungbesan is the Chief Executive Officer of Stanbic IBTC Stockbrokers Limited, acclaimed to be the largest stockbroking company in Nigeria. The expert, who has overseen the company develop online real time platform for seamless stockbroking, spoke to CHIJIOKE NELSON on germane issues of the financial market and economy at large. Some say now is the best time to ...

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