“The Economic and Financial Crimes Commission (EFCC) disclosed on Tuesday how it found a house in Abuja bought at N240million Abuja house and furnished with N134million for his son, Alex Badeh junior.”- The Nation An operative of the EFCC, Abubakar Madaki, told a Federal High Court in Abuja Tuesday that he was the head of a task force that investigated a ...
Read More »Yearly Archives: 2017
Lagos Land Bureau reviews processes
Nigerian Tribune reports that the Special Adviser to Governor Akinwunmi Ambode on Urban Development, Mrs. Yetunde Onabule, who spoke at a stakeholders’ engagement on “Ease of Doing Business in Lagos State”, at the Oriental Hotels, Victoria Island, Lagos, last week, stated that it will no longer be ‘business as usual’, as the Bureau is out to facilitate the international best ...
Read More »Special committee says Ikoyi, Banana Island, FESTAC Belong To Lagos Government
“The Special Committee set up by Governor Akinwunmi Ambode of Lagos to look into Federal Government Assets in the state submitted its report on Tuesday, coming up with a verdict that Ikoyi, Banana Island, FESTAC and other federal government assets in the state actually belonged to the Lagos State Government.”- PM News The committee, headed by elder Statesman and former ...
Read More »REDAN pushes for development of property data
“Worried by the dearth of accurate data for necessary action plan in the housing sector, the Real Estate Developers Association of Nigeria (REDAN) is initiating strategy to provide solution to the challenge of housing deficit.”-Nigerian Tribune The moves by REDAN to provide a solution to the challenge of housing data was made known by its President, Rev. Ugochukwu Chime, at ...
Read More »Access Bank and others as key partners to construction Industry
“The construction sector has been a very significant contributor to Nigeria’s GDP, adding as much as 3% to national output. Although the sector has been severely affected by macro-economic headwinds in the recent past quarters, the sector still has great potential to contribute significantly more, in the short term, given the government’s current focus on investing in infrastructure as well ...
Read More »Implications of Climate Change on Nigerian Built Environment
Climate change is an adverse environmental phenomenon that is causing enormous concern all over the world. In this article we look at the adverse effects of climate change on Nigerian Built Environment. Climate change refers to some anomalies in the climate system that is a result of human activities. These anomalies include increase in the concentration of Greenhouse gases (GHGs), ...
Read More »LONDON BUILDING FIRE: What Went Wrong At Grenfell Tower?
Seventy-nine people are now believed to have died after a huge fire engulfed a west London tower last week. We give you an account of how it really happened and also ask questions about one of the worst disasters to plague London as reported on BBC NEWS. The Grenfell Tower fire occurred on 14 June 2017 at a 24-storey, 220-foot (67 m) high tower ...
Read More »Heeding the seasonal flooding alert
“Given that the rainy season is bound to generate seasonal flooding in many parts of the country, it is necessary for government and the people to take proactive measures to prevent loss of lives and property, damage to crucial infrastructure, disruption of socio-economic activities and even displacement of people in flooded areas.”- The Guardian Against this background, the warning issued, ...
Read More »World Bank, IDA commit $300m to housing development
“Worried by huge figures of housing deficit facing the country, the World Bank and International Development Association, IDA, has set aside $300 million to fast-track provision of accommodation for the teeming Nigerian population.” –Vanguard The fund, which is to be channelled towards pursuing aggressive development of housing sector in Nigeria, is being facilitated by the Nigeria Housing Finance Programme, NHFP. ...
Read More »Stop construction, court tells Property Mart
The Guardian reports that Justice T.A.O Oyekan-Abdullahi has ordered Property Mart Real Estate Investment Limited to stop further construction work on its Grenadine Homes project located at Sangotedo, Lagos. Justice Oyekan-Abdullahi gave the restraining order following a motion on notice filed by Complete Leisure Estate Nigeria Ltd alleging that Property Mart Ltd had trespassed on its parcel of land where ...
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