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Monthly Archives: February 2018

FG persists in securing lives and properties – Saraki

Dr Bukola Saraki has assured Nigerians that the federal government is committed to security of lives and property

The Senate President, Dr Bukola Saraki has assured Nigerians that the federal government is committed to security of lives and property in every part of the country. He said the legislature would continue to collaborate with the executive to ensure that Nigerians are safe wherever they live across the country. Saraki gave the assurance in Kaiama, Kwara state where he ...

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LASG shuts down more houses, arrests several others over illegal development

LASG shuts down more houses, arrests 9 others over illegal development

The Lagos State Building Control Agency, LASBCA, at the weekend shutdown eight more houses at Ebute Metta and Surulere areas of the state for illegal development of buildings. The agency also arrested nine people found on site during the enforcement exercise carried out in collaboration with task force officials. Last week, LABSCA had shutdown a Redeemed Christian Church of God, ...

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Stakeholders express optimism over real estate growth in 2018

growth in real estate

Despite the poor performance of the real estate industry and the lull in the property market in recent times, stakeholders are optimistic about a positive growth this year. The Statistician-General of the Federation and Chief Executive Officer, National Bureau of Statistics, Dr. Yemi Kale, said although the real estate industry, which contributed 6.79 per cent to real Gross Domestic Product, ...

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The Framework of Construction Practices In Nigeria

construction practices

Construction practices in a developing country like Nigeria differ significantly in important aspects from practices in industrialized or developed countries. In Nigeria, the greatest challenge facing professionals in the field is that the practice of construction is not uniform. It varies with the client, size or complexity of the project from the perspective of the owners. This article sheds more ...

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Dangote blames Apapa-Wharf road gridlock on Customs and Navy

Dangote blames Apapa-Wharf road gridlock on Customs and Navy

Africa’s richest man Aliko Dangote lamented that check points mounted by Customs, Navy and other agencies were causing traffic gridlock, making life unbearable for motorists. Dangote said this on Wednesday as he appealed to the Buhari government to withdraw Nigeria Customs and the Nigerian Navy from the Ijora-Apapa Wharf road in Lagos to reduce traffic gridlock. “We are going to ...

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NMRC makes mortgage market accessible for housing affordability

mortgage market

For the country to attain housing sufficiency, there is the need for the construction of affordable houses and access to adequate funding that will make cheaper mortgages possible. This is because affordability is critical in the quest of citizens to own personal homes with mortgage market. The difficulty in housing affordability, which boils down to financial capacity, has been further ...

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Road accident in Niger claims five lives

Road accident in Niger claims five lives - Nigeria Real Estate

The Federal Road Safety Commission (FRSC) in Niger said on Wednesday that five people were killed in an accident on Bida-Sabon Gida-Minna Road. FRSC Sector Commander, Yusuf Garba, disclosed this in an interview with the News Agency of Nigeria (NAN) in Minna. He said 19 persons, who were critically injured in the accident, were receiving treatment at the Bida General ...

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Ibadan-railway line – Ameachi discloses reason for delay

Ibadan-railway line - Ameachi discloses reason for delay

Minister of Transportation, Rotimi Amaechi, has explained why the Lagos-Ibadan-railway project has not been completed. He revealed that the relocation of the oil and gas, water and sewage pipes on the road was responsible for the delay. Amaechi disclosed this in Ibadan, at the monthly meeting of the Lagos-Ibadan-Railway line Project Steering Committee. He said the Federal Government was carefully ...

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Couple granted bail of 40,000 after defrauding Landlady of N490,000

Couple granted bail of 40,000 after defrauding Landlady of N490,000

A couple, Ademola Kafaru and Mojisola, who allegedly defrauded their landlady of N490, 000, were on Wednesday released on a N20, 000 bail each, an Ogudu Magistrates’ Court ruled in Lagos on Wednesday. The Magistrate, Mrs O. Sule-Amza, who gave the ruling, also ordered them to produce two sureties who must show evidence of gainful employment. The couple who lives ...

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