Real Estate News

Former Governor of Oyo State, Chief Christopher Adebayo Alao Akala, on Thursday, condemned the action of some agents of the state government for sealing his property in Ibadan, the state capital. The state government had on Thursday sealed the National Horticultural Research Institute, (NIHORT), located at Idi-Ishin area of Ibadan, the state capital for failing to remit its workers Pay. ...

Justice Chuka A. Obiozor of the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, October 3, 2018, ordered the final forfeiture of Ikoyi property worth N204, 200,000 recovered from one Joy Obiageli Oti by the Economic and Financial Crimes Commission, EFCC, to the Federal Government. The judge had on April 25, 2018, ordered the interim forfeiture of the property, ...

Reports say residents of Mpape area of the Federal Capital Territory (FCT) Abuja have reported what looks like a volcanic eruption with some inflammable substances emitting smoke from the cliff of the hills in the area. Reports show that a federal government delegation comprising the minister of solid mineral, Abubakar Bawa Bwari, his FCT counterpart, Muhammad Musa Bello, and the ...

The Deputy Chairman, Senate Committee on Ecology and Climate change, Senator Benjamin Uwajumogu has said the quick intervention of the Ecological Fund Office has provided access roads to Agenebode and Fugar communities in Edo state. Sen. Uwajumogu, vowed that no part of the country would be neglected due to its geographical location or political consideration. He made this statement during ...

Owners of demolished Property at the Lagoon View Estate, Ibeshe, Igbogbo-Bayeku Local Council Development Area (LCDA), Ikorodu, have concluded plan to take the government of Lagos state to court to seek redress. Victor Armstrong, one of the affected residents of the estate, made this known to reporters on Wednesday. Armstrong said the property pulled down in the estate were worth ...

The Deputy Governor-elect of Ekiti State, Chief Bisi Egbeyemi, has sued the state Attorney- General and Hajaig Construction Nigeria Limited to court for the havoc that was wreaked on his property. Egbeyemi alleged that it was Hajaig’s negligence in handling the construction work on Ado-Ifaki road and the bridge on Ofin River that caused the flood which overran his hotel, ...

Commuters and motorists plying the Sagamu Road, Lagos State, have called on the Federal Government to expand the road. They said that the road, which is undergoing rehabilitation, was too narrow, adding that the plan to make it two lanes serving two-way traffic was faulty. A businessman, Ernest Ogboh, urged the Federal Government to use the road’s setbacks to expand ...

Governor Udom Emmanuel of Akwa Ibom has called on investors to take advantage of the vast economic potential and infrastructure provided by the state government to establish agro-based industries in the state. The state government, he said had expected people in the private sector to capitalise on the abundant economic potential of the state to set up agro-allied businesses. Governor ...

The Bayelsa State Government has ordered the shutdown of schools in the state following persistent flooding. Daniel Iworiso-Markson, Commissioner for Information and Orientation, disclosed on Sunday that the directive came during the State Executive Council meeting on Friday. He said: “The State Executive Council has directed immediate closure of all schools to avoid loss of lives. The government is taking ...

Atiku Abubakar has said Nigeria suffers a huge infrastructure deficit. According to the PDP presidential front-runner, “poor funding and chronic underinvestment by successive governments have crippled the state of Nigeria’s infrastructure. Leaving an annual funding gap in excess of N15 trillion (USD 10.5 billion) in infrastructure development. Sound infrastructure and adequate power are essential for stimulating economic growth and development ...