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Yearly Archives: 2017

A Brief Review of the Real Estate Industry in Nigeria

Real estate Industry

The real estate industry in Nigeria has come of age albeit it still struggles for a strong foothold. This article talks on how the real estate industry in Nigeria is being overlooked despite its immense potentials. Real Estate connotes an entity consisting of land and buildings on it in which resides some value of economic worth. In other words, it ...

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FG approves N7.9bn for reimbursement to Kwara govt

FG approves N7.9bn for reimbursement to Kwara govt

According to Pulse, the Federal Executive Council presided over by Acting President Yemi Osinbajo on Wednesday approved N7.94billion for the reimbursement of Kwara Government to undertake the construction of the Kaiama-kishi road. The Minister of Works, Power and Housing, Mr Babatunde Fashola disclosed this while briefing State House correspondents alongside the Minister of Transportation, Rotimi Amaechi and Minister of Finance, ...

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Fashola chides estate valuers over property pricing

Fashola chides estate valuers over property pricing

“Is the valuation of land and properties across the country reflective of economic realities? This was the poser for estate surveyors and valuers at the inauguration of the reconstituted Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON)  in Abuja by the Minister of Power, Works and Housing, Mr. Babatunde Fashola.”- The Nation “For me, I think the most important ...

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Students construct diamond luxury hostel in OAU

Students construct diamond luxury hostel in OAU

Some students of Obafemi Awolowo University (OAU) through the Campus Alive Initiative Limited  have designed and constructed a hostel facility, diamond luxury hostel, in the institution. This is the first hostel  designed by students and for students.  “According to the Managing Director of Campus Alive Initiative, Oyinwola Don Bababtope students over the years encounter some accommodation challenges while on campus. ...

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Lagos warns residents to stay off collapsed building site

Lagos warns residents to stay off collapsed building site

PM NEWS reports that the Lagos State Government has warned the residents to keep off all collapsed building site land until necessary scientific tests are carried out and investigations concluded to determine reasons for the building collapse. Speaking during a meeting with the five newly-posted Divisional Heads and Monitoring officers at the Lagos State Building Control Agency, the General Manager, ...

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Introducing Property Taxes In Nigeria

Property Taxes

Property tax (real estate tax) is charged on immovable property—land and structures that are permanently attached to the ground such as a house, building, or land. This article introduces you to the various types of Property taxes in Nigeria. Real estate tax is the same as property tax, though the latter is commonly used. Albeit the purpose of this article is not ...

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Hard times for Lagos slum dwellers caught in race for land

worst cities in the world to live

“Sheltering under planks on his boat moored at a waterside slum in Lagos, fisherman Thomson Pascal is trying to protect his six children from the rain flooding into what is now their new home. He is one of 30,000 residents who have been living in boats, shacks or in the open since bulldozers escorted by policemen destroyed their slum dwellings ...

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Bad Market – Episode 1

Bad market - episode 6

Real Estate is a broad field with a lot to explore, but not a lot of young people find it easy to grasp. Whether you are a student, an investor, a developer or an enthusiast, one of our aims at Nigeria Real Estate Hub is to make sure you can understand how real estate works and how you can begin ...

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FG’s N1trn real estate fund’ll trigger investment opportunities

FG’s N1trn real estate fund’ll trigger investment opportunities

“The Chairman of Chemical and Allied Products, CAP, Plc, Mr. Larry Ettah, has said that the plan by the Federal Government to roll out N1 trillion real estate fund as part of efforts to develop the infrastructure base of the nation will trigger investment opportunities in the industrial goods sector of the economy.”- VANGUARD Ettah who stated this at the ...

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