The President/Chief Executive of the Africa Finance Corporation (AFC), Mr. Andrew Alli and other leading experts in the financial sector are expected to proffer solution to the challenges of infrastructure financing in the country, at the 2017 annual conference of the Finance Correspondents Association of Nigeria (FICAN). Others expected at the annual event which holds at the Orchid Hotels, Lekki, ...
Read More »Yearly Archives: 2017
Fashola inaugurates electrical transformers in Lagos
“Mr. Babatunde Fashola, the Minister of Works, Power and Housing, on Monday, inaugurated electrical transformers in Lagos; one 15 MVA transformer, 20 operational transformers and 20 vehicles at Eko Electricity Distribution Company (Eko Disco) worth billions of naira.”- PM News Fashola inaugurated the projects shortly after the 19th Power Sector Stakeholders forum in Akangba Training School in Surulere, Lagos. The ...
Read More »FRSC says Abuja needs more work to accommodate bicycle transport
According to Premium Times, the Federal Road Safety Corps, FRSC, says some infrastructural adjustments are needed in Abuja to support the proposed introduction of bicycle transport in the nation’s capital city. The Corps’ Public Education Officer, Bisi Kazeem, stated this in an interview with journalists in Abuja on Sunday. Mr. Kazeem said the plan also required amendment of the National ...
Read More »Professionals attribute building collapsing to poor practice
“A building that is properly constructed is expected to be in use for a very long time. The rampant cases of buildings collapsing in various locations across the country have posed a great challenge to government and professionals in the built environment in view of the enormous loss of huge investments in housing and attendant loss of lives. “- Daily ...
Read More »Experts advocate sustainable solutions for the built environment
“As the market for sustainable design and construction begins to grow, stakeholders in the construction, academic and built environment have advocated increased deployment of sustainable solutions in addressing such needs, especially in emerging markets like Nigeria.”- The Guardian With industry forecasts suggesting that material demand in the construction sector will double by 2050, considering the need for affordable housing that ...
Read More »Would you like monthly rent payment or yearly rent payment?
Last week Punch reported that Nigerians may start monthly rent payment going by the latest resolution between the federal and state governments on the matter. According to Punch, the clamour for the monthly payment of rent by clients in the housing sector received attention at the recently concluded sixth meeting of the National Council on Lands, Housing and Urban Development. ...
Read More »Experts explain why monthly rent payment will not work
“Amid the decision of the National Council on Lands, Housing and Urban Development (NCLHUD) to impose monthly rent payment on Nigerians, experts have urged the governments to tackle the inherent problems inhibiting housing rather than delving into issues expected to heighten problems in the industry.”- The Guardian The experts, comprising estate surveyors and developers who expressed divergent views say, the ...
Read More »Minister for environment seeks collective action on climate change
“Convinced that the world’s response to global warming will define the legacy left for future generations, the Minister of State for Environment has reiterated the need to collectively address climate change and call for deeper care of the environment.” –The Guardian The minister Ibrahim Jibril made the call when a delegation from the Federal Ministry of Environment to Benue state ...
Read More »Promasidor acquires N2.5 billion Lagos ‘Champion House’
The Guardian reports that Negotiations have been concluded in Lagos for the acquisition of a N2.5 billion mixed-used development known as ‘Champion House’ situated along the Oshodi- Apapa Expressway. The deal struck between Promasidor Nigeria Limited, makers of Cowbell, Onga, Toptea and Loya Milk, and Champion Newspaper Limited, publishers of Champion is coming on the heels of efforts by the ...
Read More »After paying for land, this company is asking for more money
Please help me. After paying for land, this company is asking me for more money. In 2015, I got a flier from a marketer for one of the real estate companies in Lagos here. The property on offer was in a good location, and the price was fair. So I showed interest by calling the marketer to give me more ...
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