If you’re a first-time homeowner, congratulations! Welcome to a world without landlords, co-tenants, roommates, or rents. Now that you’ve made a huge life decision and have acquired a home for yourself, it’s important to make sure that your investment is protected and its value preserved through time. Many a time, when people buy properties, after a couple of years, ...
Read More »Monthly Archives: August 2018
Presidential panel moves to recover N87b debts for FMBN
Moves are presently being made by the Special Presidential Investigation Panel for the Recovery of Public Property to recover about N87 billion bad debts owed the Federal Mortgage Bank of Nigeria (FMBN) by developers. It was gathered that the debts arose from loans obtained by estate developers and primary mortgage institutions between 2009 and 2016. Preliminary investigations showed that some ...
Read More »Federal Government defends $823M spent on Abuja light rail project
The Federal Government on Thursday said that the 823 million dollars spent on 45.245 km Abuja light rail mass transit, inaugurated by President Muhammadu Buhari on July 22, was justifiable. The Minister of Information and Culture, Alhaji Lai Mohammed, who took journalists on a tour of the rail project in Abuja, said contrary to misconception by critics, the project was ...
Read More »Nigerian Civil Service Union set to flag off Housing scheme next week
As parts of its efforts to make tenants house owners, the Osun state chapter of the Nigerian Civil Service Union (NCSU) will on Tuesday, 7th of August, 2018 flag off affordable housing scheme. The union said the housing scheme would be available for its members and the general public at affordable rates. In a statement issued and signed by the ...
Read More »APBN decries bureaucracy in getting Building approvals, Land titles
President/ chairman of Association of Professional Bodies of Nigeria (APBN), Dr. Idris Omede has decried the delays on issuance of land titles, with a call that the ease of doing business through the Economic Recovery and Growth Plan (ERGP) should address the challenges. This is even as he disclosed that genuine government action to reactivate and reinvigorate Ajaokuta steel company ...
Read More »Use qualified engineers to avoid dilapidated structures – NSE
The Nigerian Society of Engineers (NSE) has advised governments at various levels in the country to make use of qualified engineers to avoid decayed and sub-standard infrastructures. While lamenting the dearth of excellence in sustainable engineering infrastructure in the country, they wondered why some state capital development agencies would not create or allow a desk office for engineers whose primary ...
Read More »FG explains challenges with Lagos-Ibadan rail construction
The federal government Thursday explained the different challenges that slowed down the pace of the Lagos-Ibadan rail construction awarded at a whopping sum of $1.5 billion, saying a lot of gas and water installations in Lagos axis constituted a major challenge. Despite the challenges, the federal government equally directed the contractor handling it, China Civil Engineering Construction Corporation (CCECC) to ...
Read More »FEC approves N72.9 Billion for apapa road reconstruction
The Federal Executive Council on Wednesday approved N72.9 billion for the reconstruction of the road from Apapa to the toll gate on Lagos-Ibadan expressway in Lagos state. Minister of Works, Power and Housing, Babatunde Fashola, made this known to State house Correspondents in Abuja after the weekly cabinet meeting presided over by President Muhammadu Buhari. Fashola said the decision was ...
Read More »Ten of 15 African countries seek to improve real estate and transparency index
CAPE TOWN – The latest Global Real Estate and Transparency Index (GRETI) has shown an improvement for 10 of 15 African countries, led by Nigeria and Kenya, an industry expert has said. The index by financial and professional services firm JLL has over the past two decades become established as the leading industry benchmark for assessing market transparency. London-based JLL ...
Read More »Realty Point Limited declares one day off work for their workers to get PVC
PVC WEEK – 2019 elections are fast approaching and our politicians are presently on the edge with rigorous campaigns and news of defections flying around the social media. We as citizens only have one way to lend our voices and make the right choice and the only way to do that, is to get our Permanent Voter’s Card(PVC). You might ...
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