Mr. Babatunde Gbadamosi, the Governorship Candidate of the Action Democratic Party (ADP) in Lagos State, wants rickety trains used for the Mass Transit Train Service (MTTS) phased out in Lagos. He said the Nigeria Railway Corporation (NRC) must phase them out, while the Lagos State Government should speed up work on its light rail projects to forestall derailments. Gbadamosi spoke ...

The Federal Government has decided to use the N100 billion Sovereign Sukuk bonds proceeds to construct 642.69 kilometres of roads across Nigeria. The cheque for the money was presented by the Finance minister Zainab Ahmed to Mr. Babatunde Fashola, Minister of Power, Works and Housing on Thursday in Abuja. Fashola said that the money was shared equally among the six ...

Governor Willie Obiano of Anambra State has commended President Muhammadu Buhari for the progress of work on the construction of the Second Niger Bridge. Obiano, who stated this during an inspection visit of the project in Onitsha, Anambra State. added that the President had done well for the South-East and South-South geopolitical zones. He expressed satisfaction with the standard and ...

Boko Haram fighters have told civilians in northeast Nigeria to leave their homes, the army said on Thursday, as tensions mount in the long-running conflict. Army spokesman Onyema Nwachukwu said there was “credible information” the jihadists had “infiltrated some villages” near the Borno state capital Maiduguri. “They have clandestinely been going about threatening innocent residents, warning them to vacate their ...

On Thursday, a train coming from Ijoko, Ogun State, and heading to Ebute Metta, Lagos, derailed at Mangoro/ Agege area. A statement by Lagos State Emergency Management Agency, revealed that several persons were injured in the accident. The accident was reportedly caused by faulty train tracks. See photos as shared by both LASEMA and the Lagos State Traffic Management Agency ...

The governorship candidate of the Action Democratic Party (ADP) in Lagos state, Babatunde Gbadamosi, says he will deliver no fewer than 10,000 affordable housing units annually to reduce deficit in the state if elected. Gbadamosi, a real estate expert, made the promise on Wednesday, January 9 in Lagos at a debate, organised by a non-governmental organisation for governorship candidates in ...

Governor Abiola Ajimobi of Oyo State has finally fulfilled his promise to rebuild Gospel artiste, Yinka Ayefele’s Music House, which was allegedly demolished by his administration on August 19, 2018. At the time, the singer had dismissed the state government’s claim that the building, which is located in the Challenge area of Ibadan, had flouted the housing rules of the ...

Every new year is another opportunity to review, re-strategise and re-launch. In order to achieve your real estate goals, you need to keep the ball constantly in front of you. The real estate investment landscape is constantly changing although it does not change as suddenly and dramatic as comparable investments such as stocks and shares. Real estate investment is relatively ...

The Federal Road Safety Corps (FRSC) says it is working with other traffic and safety management agencies to mitigate traffic challenges along the Lagos-Ibadan Expressway. The corps also urged road users to be cautious while driving on the road as construction resumes on Tuesday. Mr. Clement Oladele, the Ogun Sector Commander of the FRSC on Tuesday, said that the FRSC ...

There is a cold war currently brewing between the Nigeria Mortgage Refinance Company (NMRC) and housing /mortgage providers over acclaimed total loans disbursements by the former in 2018. No sooner had NMRC, through its Managing Director, Mr. Kehinde Ogundimu, announced that the company refinanced mortgage loans totaling N18 billion as of December 2018, housing stakeholders, comprising developers, real estate practitioners, ...