Real Estate News

No fewer than 100 residents of Gwandara community, in the Karu Local Government Area of Nasarawa State have been rendered homeless, while scores of livestock were swept away after the community was flooded. Farmlands and property estimated at millions of naira were also reportedly destroyed. Our correspondent, who visited the area, observed as some residents struggled to save their children ...

The Minister of Communications, Barrister Adebayo Shittu, has disclosed that Nigerian Postal Service, NIPOST ’s will soon divest into other business areas like property development, banking, transport and logistics. Shittu revealed that by 2020, NIPOST would be the leading federal government’s agency in terms of direct impact of the lives of Nigerians. He spoke at a one-day stakeholders’ conference organised ...

An automobile and industrial engineer, Omotilewa Adediwura, has accused the Redeemed Christian Church of God(RCCG), City of Kings parish, of encroaching on a property he reportedly acquired in the Ijegun area of Lagos 14 years ago. News was gathered that Adediwura allegedly bought two plots of land in 2004 and acquired its Certificate of Occupancy. He reportedly travelled to England ...

Union Bank of Nigeria Plc and its appointed receiver/manager, Gbenga Akinde-Peters have taken over landed property belonging to A-Z Petroleum Products Limited over the firm’s N5.2 billion debts. The take over of the property situated at Plot 3508 Cadastral Zone A06, Maitama District, Abuja, covered by a Certificate of Occupancy (C of O), dated September 7, 2005, with registration No. ...

A stakeholder in the building environment, Mr. Toye Eniola has claimed that the establishment of Housing corporations is the solution to the huge housing deficit bedeviling the country. Nigeria’s housing deficits have been put at 17 million. Eniola, who is the Executive Secretary, Toye Eniola of the Association of Housing Corporations of Nigeria (AHCN), spoke in an interview recently in ...

Owakurudu community in the Ijebu Ode Local Government Area of Ogun State is becoming deserted due to a gully that is eating into the community. It was reported that no fewer than 50 houses had fallen into the gully reportedly created by an abandoned water channelisation project of the state government. About eight landlords, who owned houses in the area, ...

In preparation for demolition of 13 railway stations from Iddo to Ijoko, to pave way for ongoing construction of Lagos to Ibadan Standard Gauge railway line, China Civil Engineering Construction Company (CCECC) has started building platforms where Porter Cabins will be positioned. The Porter Cabins according to sources will serve as temporary offices for staff of the Corporation posted to ...

The Vice-Chancellor of the Abubakar Tafawa Balewa University, ATBU, Bauchi State, Prof. Abdulrahman Ibrahim, has called on the federal government, as a matter of urgency, upgrade, as well as provide adequate infrastructure within the university premises. Prof. Ibrahim, also lamented that the school’s budget is grossly inadequate for project execution. This is even as he craved for the support and ...

The federal Ministry of Transportation has signed a Memorandum of Understanding (MoU) with Japan for cooperation in promoting quality infrastructure investment and continuing cooperative relationship between Nigeria and Japan. Nigeria’s minister of transportation, Chibuike Rotimi Amaechi, signed the MoU on behalf of the federal government with Japan’s state minister of land, infrastructure, transport and tourism, Tsukasa Akimoto at the ministry’s ...

Building permits – The Lagos State Physical Planning Permits Authority says it is targeting to issue over 7,000 building approval plans to homeowners before the end of 2018. Olufunmilayo Osifuye, the General Manager, LASPPPA, made this known on Wednesday at a sensitisation in Ebute-Meta and Oyingbo Areas of the state. Osifuye said that about 6,000 permits had been issued from ...