Real Estate News

Determined to showcase the Arakunrin Oluwarotimi Akeredolu-led administration’s passion for socio-economic and infrastructural development of the people at the grassroots, the Ondo State Community and Social Development Agency (ODCSDA), has presented a cheque of 10 million naira to Alubarika Group, Idi-Ogba community to build housing units. A community leader, Chief Olubukola Ebietomiye said the housing units project was the first ...

A Nigerian man has written a letter of commendation to the Economic and Financial Crimes Commission, EFCC for it’s swift and effective intervention in a messy N45 million property scam. Below is the full letter: LETTER OF COMMENDATION TO THE ECONOMIC AND FINANCIAL CRIMES COMMISSION (EFCC) I wish to express my profound gratitude to EFCC for the diligence and quick ...

The Nigerian Railway Corporation (NRC) has said that it was now possible for residents of Abeokuta in Ogun State, and Ibadan in Oyo State to work in Lagos with the new standard gauge rail line. The Lagos Railway District Manager, Mr. Jerry Oche, made the assertion in an interview on Tuesday in Lagos. Oche said that the nearly completed Lagos-Ibadan ...

Conceptualised in 2013 as part of government’s initiatives to address the housing needs of civil servants, the Federal Integrated Staff Housing (FISH) programme has since undergone several reviews to overcome initial hurdles in order to accelerate the implementation Notwithstanding concerns over the high cost of the Federal Integrated Staff Housing (FISH) programme, three states have indicated interest to partner the ...

President Muhammadu Buhari on Saturday said he has instructed the Southwest governors and the Minister of Works, Power and Housing, Babatunde Fashola and the Transportation minister, Rotimi Amaechi to ensure the completion of the ongoing Lagos-Ibadan expressway and therail projectbefore the end of 2019. The president, who spoke at Mapo Hall in Ibadan, venue of his presidential campaign rally, urged ...

Local governments in the country need to be more proactive in the efforts towards housing provision in the country, the President, Association of Housing Corporations of Nigeria (AHCN), Mohammed Adamu, has said Adamu noted that despite all efforts by stakeholders towards reducing the country’s housing deficit, local governments had not lived up to their responsibilities. He stated that local government ...

The All Progressives Congress (APC) Deputy Governorship Candidate in Lagos State, Dr. Obafemi Hamzat, says there are no plans to demolish the Ladipo Spare Parts Market in Mushin area if the party wins again in the March 2 poll. Hamzat, a former Commissioner of Works and Infrastructure in Lagos state, said this at a town hall meeting organised by the ...

The Ekiti Government said it had earmarked N40 billion to address underdevelopment in industry and infrastructure of the state, under the current fiscal year. The State Commissioner for Finance and Economic Development, Mr. Dapo Kolawole, made this known in Ado Ekiti on Friday at a public forum where he gave detailed breakdown of the N129.9bn state budget. Kolawole said the ...

Civil servants in Ondo State will have access to N500 million housing loans in the year 2019, the Head of Service (HOS), Barr. Toyin Akinkuotu has disclosed. Akinkuotu assured civil servants in the state of better welfare in the fiscal year, promising that the housing loans would be jerked up as soon as the state’s revenue increases. Akinkuotu who spoke ...

The United African Company (UAC building) at Marina, Lagos Island was gutted by fire last week. According to an eyewitness at the scene, the fire started around 12.pm from the 10th floor of the building. It was gathered that the fire shattered glasses and razed some property. READ ALSO: Hotel in Awka lost property worth millions of naira to fire ...