Real Estate News

The Kano State Government has awarded N2.5bn contracts for the completion of 14 abandoned schools, including 13 related-education projects. The projects, to be financed from the 2017 UBE matching grant, will provide additional 470 classrooms in the state, to provide learning space for about 30,000 fresh pupils. The Director-General, Media and Publicity, Ameen Yassar, in a statement, said infrastructure in ...

The estimated monetary loss in Nigeria’s power sector has risen to N460.3bn in 2018 alone. The data obtained from the Federal Ministry of Power, Works and Housing in Abuja on Friday showed that between January 1 and November 8, 2018, the sector lost N460.253bn. The FMPWH explained that the huge financial loss was due to insufficient gas supply, distribution and ...

Nigerian Communications Commission (NCC) has warned against vandalism of telecommunication infrastructure, stressing that the act is compromising Federal Government’s efforts toward achieving 30 per cent broadband penetration in 2018. Miss Helen Obi, the commission’s Head of Zonal Operations in Niger, said this at a one-day sensitisation programme on “Protection of Telecommunication Infrastructure” on Thursday. According to her, telecom infrastructure serve ...

The Federal Executive Council (FEC) yesterday approved N11bn for the purchase of firefighting trucks for the Nigeria Fire Service (NFS) and construction of technology building for the Nigeria Immigration Service (NIS). The approval was granted during the FEC meeting presided over by President Muhammadu Buhari at the State House Villa, Abuja. Minister of Interior, General AbdulRahaman Dambazau (rtd) who briefed ...

#FLC2018 – The easiest way to building a successful nation is by empowering the youth and channeling their minds towards greatness. Nigeria real estate hub last weekend graced the event/book launch held at the Nigerian Institute of International Affairs organised by Mark Idiahi. The event, Future leadership conference 5.0 had great speakers and experts in various fields like Ubong king ...

The Chairman of the Federal Capital Territory (FCT) Secondary Education Board (SEB), Alhaji Musa Yahaya Muhammad, has said enough provision has been made in the 2018 budget of the board to address the challenge of infrastructure in schools. Alhaji Muhammad, who stated this during an interview with our reporter yesterday in Abuja, said there were challenges in laboratories, hostels, classrooms, ...

The Senate Committee on States and Local Government has lamented lack of social amenities in the 22 border states sharing boundaries with other countries or the Atlantic ocean, saying it has contributed to the security challenges in the country. The Committee Chairman, Senator Abdulahi Gumel disclosed this Wednesday in Abuja during an oversight visit to Nigeria’s Border Communities Development Agency ...

Residents of Aladua, a village in Ayedaade Local Government, Osun State, who are predominantly cocoa farmers, have volunteered their services on the rehabilitation of the only access road to their village. Last week, the farmers, including women, trooped out to participate in direct labour in the rehabilitation work on the road. The villagers said they had been disconnected from other ...

Nigeria’s Minister of Power, Works, and Housing, Babatunde Fashola, says debt for infrastructure in Nigeria is good debt, as far as he is concerned. Speaking at the Africa Investment Forum in Sandton South Africa on Wednesday, the minister said the Nigerian government should not be judged like a private company when it comes to borrowing. His words: “The only thing ...

The Federal Road Safety Corps (FRSC) has reiterated its efforts to reduce road crashes in the country through intelligence patrol. Zonal Commanding Officer in charge of Sokoto, Kebbi and Zamfara states, Mr. Osas Osadebamwen,  disclosed this during the  2018 Zonal Retreat in Sokoto on Monday.  The participants were drawn from the sectors and zonal commands. Osadebamwen noted that the time ...