Leadership reports that the Minister of Power, Works and Housing, Mr Babatunde Fashola has challenged estate surveyors to embark on open evaluation of realty for different States and reduce the hitches associated with the profession for the benefit of Nigerians. Fashola who stated this during the inauguration of the reconstituted Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) urged ...

Don’t be easily fooled by plenty talks, not every real estate agent or developer goes into the business of real estate having their client’s best interest at heart. This article turns searchlights on the dark agents of real estate business Real estate transactions involve the leasing, renting, buying or selling of property and is viewed as a very profitable venture. ...

“A new African Arguments investigation has found that politically-exposed African nationals hold Canadian real estate worth several millions of dollars. The study, conducted in partnership with the Journal de Montréal and Le Monde Afrique, reveals over a dozen individuals who have invested nearly $26 million in Canadian real estate, often without a mortgage. The source of the funds used to ...

This Day reports that the Ekiti State Government has disbursed over N1 billion as housing and car loans to workers in the state public service since the inception of the Ayodele Fayose-led administration about two and a half years ago. The state Head of Service (HoS), Dr. Olugbenga Faseluka, who made this known in Ado Ekiti on Monday, said that ...

“Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) has sought for  collaboration with the Federal Ministry of power, works and housing  in its scheme to  build   10,000 houses in each state of the federation. The new chairman of Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) Olayinka Sonaike, made this call at the inauguration of the board ...

The Guardian reports that former Governor of Enugu State, Sullivan Chime has denied ejecting the state chapter of the Peoples Democratic Party, PDP from his property to make room for its eventual occupation by the All Progressives Congress (APC). He was reacting to reports that he asked the state chapter of the PDP to vacate his property on Ogui junction, ...

“With burgeoning population of over 22 million, Lagos is faced with housing challenge. On daily basis people migrate from every nooks and crannies of Nigeria to Lagos without ever thinking of leaving, thus compounding the housing challenge. Undoubtedly, shelter is one of the three basic necessities of life, others being food and clothing. Adequate housing includes secure land title, access to ...

According to The Nation, Justice Angela Otaluka of the FCT High Court, Lugbe on Monday commenced trial in a case involving Idris Shuabu, a developer and Ikechukwu Sebastian for allegedly obtaining N86 million under false pretence. Prosecution counsel, Mr Richard Dauda, who led Shuaibu in evidence at the witness box, said his 26 hectares of land was revoked by the ...

A new era may soon dawn in the real estate sector, if the Nigerian Institute of Bankers (NIB), and the Nigerian Institution of Estate Surveyors and Valuers (NIESV) accept proposal to establish a joint standard committee on good mortgage valuation practice in the country. The initiative is expected to promote understanding between both professions in financial reporting and particularly secured ...

“Revamping of the nation’s decaying infrastructure in every area including Power, Works and Housing was part of the campaign promises of the current administration. MUYIWA OYINLOLA in this report examines how the Federal Government has fared in these key areas two years after”- Leadership The last Presidential election was one of the most keenly contested in recent times. The then ...