Real Estate News

The Coalition of Civil Societies and Media Executives for Good Governance in Nigeria (COCMEGG) has lauded the Federal Mortgage Bank of Nigeria (FMBN) for making homeownership affordable, available and less cumbersome to Nigerian workers. The affordable home ownership according to the group will drive growth of the economy. A statement issued in Abuja and signed by the president, Omoba Kenneth ...

The Niger State Government has spent about N328 million on the rehabilitation of 1.7 kilometre of Tegina-Birnin Gwari federal road in Rafi local government area of the state. Ibrahim Balarabe, Commissioner for Works and Infrastructure Development, made this known on Monday in an interview in Minna. He said the project which covered Karaga township road has since been completed. ”We ...

The federal government has said it would demolish houses built on waterways that violated the master plan in its housing estates.   Minister of state, power, works & housing II, Surv Suleiman Zarma disclosed this in Abuja yesterday during the inspection tour of Federal Housing Authority (FHA) estate in Lugbe, Abuja, in company of the managing director of FHA, Prof ...

Water Sanitation and Hygiene (WASH) from the 20 local government areas of Bauchi State have called on the state government to establish more toilet facilities in public places. The stakeholders stated this Tuesday at a cluster meeting on Vote4WASH, held at the Development Exchange Centre (DEC) in Bauchi, organized by the Network for Civil Society Organizations in Water and Sanitation ...

The Nigerian Railway Police Command in Enugu has arrested 14 persons in connection with alleged vandalism and theft of property belonging to the Nigerian Railway Corporation. Mr. Henry Njoku, the Area Commander-in-charge of the Eastern District Police Area Command, confirmed the arrest to newsmen on Monday in Enugu. Njoku said that the suspects included two policemen, who were allegedly aiding ...

The annual West African Property Investment (WAPI) Summit, the region’s most prominent and largest real estate investment and development conference will once again take place in Lagos on 15 & 16 November 2018 at the Eko Hotel and Suites. According to the summit’s host, API Events’ Kfir Rusin, this year’s theme: RE-Calibrating Supply and Demand for Sustainable Growth is a ...

After almost two years in limbo, all is now set for the commencement of massive construction on the much anticipated Benin River Port to be situated in Gelegele, Benin City, Edo state. There have been insinuations that the project may have been a political gimmick to deceive the people for elections since after it was announced with fanfare not much ...

Residents of Isawo community in Ikorodu on Sunday appealed to the Lagos State Government to complete the “abandoned” Agric-Isawo-Arepo road project in the area. The Chairman, Isawo Community Development Association, Alhaji Adisa Owolabi said that the abandoned road project had led to loss of properties, extended travel time and high transport fare for residents. According to the chairman, many communities ...

Work on many Federal Government highway projects funded by Sukuk is presently going at a very slow pace. A check by correspondents in Yobe, Kogi, Niger and Kano states showed that most of the contractors handling the roads rehabilitation are either not on site or there is slow pace of activities where they are. In Kogi, reports show that work ...

Poised to ensure the posterity of the profession, the business division of Nigerian Institution of Estate Surveyors and Valuers (NIESV) plans to explore the prospects and challenges of international competition. Addressing journalists in Lagos, the chairman, Faculty of Estate Agency and Marketing, Sam Eboigbe stated that the forum would also discuss the issues of well structure partnership, the DNA of ...