A 42-year-old landlord, Sunday Agbo was, on Tuesday, arraigned in a Wuse Zone 6 Chief Magistrates’ Court, Abuja, over alleged criminal breach of trust and converting part of a property he rented out to a church. Agbo of Plot 692, Durumi District, Abuja, was arraigned on a three-count charge bordering on criminal breach of trust and cheating. The prosecutor, Fidelis ...
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NIOB seeks clarification from FG on Building code
Lagos – Unclear with the current policy over domestication of the National Building Code, the Nigerian Institute of Building (NIOB) has called for clarification from the National Assembly. The body said further explanation from the legislators would aid the smooth implementation of the Building Code both at the state and local government levels. Kenneth Nduka, president of the institute, made ...
Read More »CBN expresses concern over Land Use Act
Even as the Central Bank of Nigeria (CBN) has taken some steps towards boosting housing provision, Nigerians are gaining momentum. The 1978 Land Use Act, however, remains a major impediment towards achieving the target. In mid-2017, the CBN launched its Nigerian Housing Finance Programme (NHFP), popularly known as “My Own Home. The scheme, a Public-Private Partnership (PPP) arrangement, is targeted ...
Read More »Bayelsa Students laud Governor Dickson for huge investment in infrastructure
Students from Bayelsa Government owned Model Schools in the State have rated high the Governor Seriake Dickson administration over the huge investment in the education sector and public infrastructures in the state, declaring that the development has changed the narrative in the state. The students, numbering over 1,200 during a guided tour of the multi-billion naira International Cargo/passengers Airport Amassoma ...
Read More »FMBN commences zero equity for housing loan subscribers
The Federal Mortgage Bank of Nigeria (FMBN), has started the implementation of the new approved conditions for accessing loans from the National Housing Fund (NHF). This includes zero equity contribution for the provision of housing loans of up to N5million and 10 per cent contribution for housing loans ranging from N5million to N15million by contributors to the NHF. The revised ...
Read More »FCTA set to remove buildings along waterways in Kubwa, Dawaki
ABUJA – In order to prevent imminent danger of flooding in the Federal Capital Territory, the FCT Administration through the Development Control Department has embarked on the comprehensive removal of buildings along waterways in Kubwa and Dawaki settlements. The exercise, according to the Director, Development Control Department, Muktar Galadima, was against the backdrop of a heightened downpour, causing a flash ...
Read More »LASG denies approving construction of ICT Mall in Ikeja
ICT Mall – Lagos State Government on Tuesday denied association with an infrastructural firm, Master Realty International Concept Ltd, supposedly answered to be parading itself as having endorsement to build an ICT specialized shopping center straightforwardly next to the recently assembled Ikeja Bus Terminal. The State’s Commissioner for Physical Planning and Urban Development, Tpl Wasiu Anifowoshe in an announcement said ...
Read More »7 Tricks To Watch Out For In Your Ideal Realtor
So, what tricks should you look out for in your ideal realtor when buying or selling a home? Tucked away in the arsenal of every realtor, are tricks (or skills as some will call it) that a lot of people know little about or appreciate. These tricks are sometimes learnt through education, but in most cases through years of practical experience. These unconventional tricks, when employed by ...
Read More »Africa50 mobilises $108b to bridge infrastructural gap
Africa50 has emerged a key player in driving infrastructure investments with commercial rates of return in the region, an effort to bridge the continent’s infrastructure financing gap estimated at $108 billion, after two years operations. The infrastructure investment platform that contributes to Africa’s growth by developing and investing in bankable projects, catalysing public sector capital, and mobilising private sector funding, ...
Read More »Niger pledges to build 20 hostel rooms for 60year old school
Worried by the state of infrastructure, especially accommodation at the Nigerian Military School (NMS), Zaria, in Kaduna State, the Niger State Government has offered to build 20 rooms hostel accommodation for the 60 years old school. Governor Abubakar Sani Bello made the pledge at the school’s 60th graduation ceremony held, on Saturday, in Zaria. Governor Bello, who is an Old ...
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