“West African Ceramics Limited, leading tile manufacturer, joined other stakeholders in the public and private sector of the housing economy to discuss and proffer solutions to housing challenges in the country at its platinum sponsored 11th Abuja Housing Show.”- Business Day In alignment with the theme of the show- ‘Solving Africa’s Housing Challenge through Innovative Finance and Infrastructure Solutions’ the ...
Read More »Monthly Archives: July 2017
Nigerian Air Force builds 2,000 housing units in two years
“The Chief of Air Staff, Sadique Abubakar, on Thursday said the Nigerian Air Force, NAF, had built about 2,000 housing units in two years across its bases in the country.”- Premium Times The CAS spoke through Air Officer Commanding, Air Training Command, AVM Christopher Okoye at the 46th convocation lecture of Air Force Institute of Technology, AFIT, in Kaduna. The ...
Read More »Lagos pays N8 billion compensation to land owners
According to The Nation, the Lagos State government has paid N8 billion compensation to land owners ; individuals and groups whose property had been affected by capital projects in the last one year. The Special Adviser to Governor Akinwunmi Ambode on Urban Development, Mrs. Yetunde Onabule, broke the news at a seminar on: Urban Thinkers’ Campus: The City We Need. The governor’s ...
Read More »Land dispute: six houses razed as communities clash in Delta
The Guardian reports that dozens of people were injured and about six houses torched in Aladja community yesterday as the unending land dispute between Ogbe-Ijoh and Aladja communities in Delta State boiled over yesterday. The fighting continued till in the evening when Navy, Army and Police personnel were deployed to both communities. No fewer than 18 persons, according to security ...
Read More »Senate rejects Land Use Act removal
“In a major blow to economic reforms and wealth creation in the country, the Senate on Wednesday rejected the proposal for the deletion of Land Use Act from the 1999 Constitution.”- Business Day The Land Use Act is seen as one of the biggest impediments to converting land resources into individual wealth in the country as it hinders the transferability ...
Read More »‘Lagos will not tolerate land grabbing activities’
The Guardian reports that the Special Adviser, Office of Civic Engagement, Lagos State, Kehinde Joseph has said the state government will not tolerate land grabbing activities, as it would be firm in implementing its property protection law. Speaking at a sensitisation programme on the Lagos State Properties Protection Law 2016, organised by the Office of Civic Engagement, Joseph said before ...
Read More »AREDOLS, LABSCA request change in land use
“If the Association of Real Estate Developers of Nigeria (AREDOLS), Lagos State chapter, have their way, setbacks on building sites on land may be reduced.”- The Nation AREDOLS, at a meeting aimed at fostering better working relationship with the Lagos State Building Control Agency (LABSCA), asked the government to reduce the mandatory space to be left on plots underdevelopment Under ...
Read More »The Act of Abandonment in Real Estate
Abandonment in real estate can be referred to as the act of surrendering a claim to, or interest in, a particular asset. In some other circles, it is believed to be the permitted withdrawal from a forward contract that is made for the purchase of deliverable securities, and also the act of allowing an option to expire unexercised. Legal Dictionary ...
Read More »Osun state spends over N6bn on schools infrastructure
“Alhaji Fatai Kolawole, the Permanent Secretary, Osun State Universal Basic Education Board (SUBEB) on Wednesday said the state government had expanded over N6 billion to provide infrastructure in the state basic education sector.”- PM News Kolawola while granting an interview to the News Agency of Nigeria (NAN) in Osogbo said, the state government had invested massively in terms of basic ...
Read More »Stakeholders seek creation of National Housing Council
“A tentative outline of the shape of things to come for Housing and settlements development in Nigeria may have started to emerge, as key stakeholders last week ended it’s talk shop and endorsed a workable guide for the beleaguered sector in Abuja.”- The Guardian The effort, coming at the instance of the 11th Abuja Housing Show organized by Fesadeb Limited yielded ...
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