Real Estate News

Federal Ministry of Power, Works and Housing said section one of the Lagos-Ibadan Expressway is currently at 57 per cent completion. Mr. Kayode Ibrahim, the engineer supervising the project from the ministry, made this known on Tuesday in Lagos. The section one of the project is being handled by Julius Berger, which spans from Ojota in Lagos to Sagamu Interchange. ...

A Dubai-based property developer has commenced $18.5 billion sites and serviced project expected to provide over 140,000 housing units within Centenary City in Abuja. Unveiling the initiative in Abuja, a co-investor/ developer, Alhassan Dantata, explained that government has leased the project, while funding is coming from foreign investors. He stressed that Centenary City was delayed because of controversies, adding that ...

A training firm, Sunny DeLegend Services Limited, in collaboration with Kogi Government, has concluded plans to train about 10, 000 youths on agribusinesses, tagged “Kogi Agribusiness Festival”. The Managing Director of the firm, Mrs. Joy Amuta, told newsmen at the flag-off of the program at Kogi Ministry of Agriculture in Lokoja on Monday, that the training would cut across all ...

The ongoing road construction in Lagos State could be the latest casualty in the political battle between Governor Akinwumi Ambode and All Progressives Congress National Leader Bola Tinubu. Ambode’s ambition to retain his seat in the next election has come under attack from powerful interests affiliated to the leader and former state governor. Two former commissioners, Mr. Femi Hamzat and ...

As part of his commitment to peoples’ welfare, Governor of the State of Osun, Ogbeni Rauf Aregbesola has paid the sum of N40 million as compensation to persons affected by road construction in the rural areas. The compensation payment and resettlement of the Project Affected Persons, PAPS, was done in conjunction with the Osun Rural Access and Mobility Project, O’RAMP. ...

The deplorable state of Port Harcourt/Aba expressway has become a source of worry to hundreds of motorists that ply the ever busy road on a daily basis. The road, which has existed for more than three decades, has become a death trap to hundreds of motorists. The deplorable state of the road has become a very big embarrassment to both ...

The Federal Government must take more loans if its plan to fund infrastructure is to be realised, according to the Senior Analyst at Agusto & Co, Mr. Jimi Ogbobine. Ogbobine said this on Sunday at a training for financial journalists during the Finance Correspondents Association of Nigeria 2018 annual workshop in Lagos. He stated that the government was expected to ...

Lagos homes scheme- Seven years after the Lagos Home Ownership Mortgage Scheme (Lagos HOMS) was mooted to encourage home ownership of First-Time Buyer (FTB) to purchase decent and affordable homes through the provision of accessible mortgage finance, the scheme seems to be in limbo. The tale of woes associated with scheme is dotted all around the metropolis in terms of ...

Traditional rulers from Abia State have praised President Muhammadu Buhari over infrastructural development by his administration in the South-east region. According to a statement by presidential spokesperson, Femi Adesina, the traditional ruler spoke on Friday during a visit to Mr. Buhari at the State House, Abuja. Speaking on behalf of the monarchs, Isaac Ikonne, who is Enyi 1 of Aba, ...

Weeks after the conclusion of Lokoja/Kogi Federal constituency bye-election held in Kogi State, residents of Maigari Palace, Hangwuan Hamza and Karaworo under Lokoja local Government Area, have cried out over the abandoned road project awarded by the state government. It was gathered that the road contract was awarded by Governor Yahaya Bello one week before Lokoja/Kogi Federal constituency bye-election. But ...