“For three days, Nigeria’s housing sector stakeholders including developers, bankers, manufacturers of building materials, government officials, built environment professionals, etc gathered in Abuja for the annual Abuja Housing Show discussing and searching for solutions to Nigeria’s housing challenge.”- Business Day A country of over 180 million people with rapid urbanization, Nigeria in spite of its abundant natural and human resources ...
Read More »Monthly Archives: July 2017
Rapid population increase in 5yrs faults 17 million housing units deficit—NBRRI
“Since 2006 when the United Nations Agency on Human Settlement (UN-HABITAT) made its declaration on housing deficit in Nigeria which it estimated at 17 million housing units, the figure has remained static as if the country is a stagnant society where there is neither increase nor decrease.” – Business Day But the Nigerian building and roads research institute (NBRRI) has ...
Read More »Lagos converts Bobby Bensons’ property to emergency centre
“The once meeting spot for Lagos socialites in the 80s – Hotel Bobby Benson’s property owned by popular musician, Bob Olabinjo Benson, a.k.a. Bobby Benson is poised to assume a new status, with the recent move by the Lagos State to rebuild the property.” – The Guardian The property located between Onipanu and Fadeyi bus stops along Ikorodu Road, Lagos, ...
Read More »Resolving fiscal policy impact on construction sector
“Amid uncertainty in the nation’s foreign exchange regime and other fiscal policies, built environment professionals have called for urgent steps to address the growing unemployment rate and job losses in the construction sector.”- The Guardian They agreed that except some contradictions in the Nigeria’s economy is successfully resolved, the construction sector, which is a barometer to measure economic success will ...
Read More »Flood in Port Harcourt submerges over 100 homes
According to All Africa, residents have been sacked from their houses by Flood in Port Harcourt, Rivers State, following weekend’s downpour. In Rumuolumeni community, in Obio/Akpor Local Government Area of the state, there was panic, following the flood that submerged over 100 homes and four churches in the area. The downpour which lasted two days in the state also took ...
Read More »Court orders forfeiture of Diezani ‘s $37.5m Banana Island property
According to The NATION, Federal High Court in Lagos has ordered the interim forfeiture of a Banana Island property, Lagos bought for $37.5m in 2013 by a former Minister of Petroleum Resources, Diezani Alison-Madueke. Justice Chuka Obiozor, a vacation judge, made the order yesterday following an ex parte application by Economic and Financial Crimes Commission (EFCC) counsel Mr. Anselem Ozioko. The EFCC, in documents filed in ...
Read More »Meiran building collapse was due to overload, says government
“The Lagos State Government on Sunday attributed the building collapse, which occurred at No. 7, Saidu Okeleji Street, Meiran in Agbado Oke-Odo Local Council Development Area (LCDA) on Saturday to heavy loads placed on the building and substandard materials used for the construction work.”- The Guardian Reacting to the collapse, the Commissioner for Physical Planning and Urban Development, Wasiu Anifowoshe, ...
Read More »Millard Fuller wins 2017 affordable housing award
“For the second year running, the Millard Fuller Foundation has won the award for the Affordable Housing Project of the Year 2017 at the just concluded 11th Abuja Housing Show/Nigeria Housing Awards organised by FESADEB Communications. The award event which took place in Abuja last week had in attendance professionals in the housing sector. The award was set up to ...
Read More »A.J. Missri and Company Limited seeks Ambode’s intervention over property
The Guardian reports that the Managing Director of a real estate investment company, A.J. Missri and Company Limited, Nze Edozie Okafor, has called for the intervention of Governor Akinwumni Ambode over alleged unlawful acquisition of the company’s landed property at No. 23, Breadfruit Street, Lagos by the State Urban Renewal Agency (LASURA). Nze Okafor told The Guardian that the appeal became ...
Read More »Top 10 Famous Streets in Lagos State
Lagos is a densely populated place with people from all walks of life fighting tooth and nail to make ends meet. Being the most populated city in Nigeria, it simply means there will be innumerable streets and roads forged by forces that hold Lagos bound to cope with the population growth. Many of these streets add to the intimidating credentials ...
Read More »