Real Estate News

The lawmaker representing Iseyin/Iwajowa/Kajola/Itesiwaju federal constituency in Oyo state, Mr. Abiodun Olasupo, and the Iseyin monarch, Oba AbdulGaniyu Salahudeen, have bemoaned delay in the reconstruction of Moniya-Iseyin road. In separate interviews in Iseyin on Wednesday, they called on Oyo State Government to ensure speedy completion of the project. Gov. Abiola Ajimobi recently awarded the reconstruction of the road. Olasupo, who ...

The Lagos State government said it will partner Messrs Brains and Hammers Limited to deliver 750 housing units at Jubilee Estate in Iganmu, a suburb of the city. The State Commissioner for Housing, Prince Gbolahan Lawal disclosed this at the African Real Estate Conference & Awards (AFRECA’18) organised by Propertypro.ng in partnership with the Lagos State government, Property Mart, Messrs ...

The Federal Mortgage Bank of Nigeria (FMBN), in partnership with the Nigeria Labour Congress (NLC), the Trade Union Congress (TUC) and the Nigeria Employers’ Consultative Association (NECA), has concluded plans for the commencement of the implementation of a national affordable housing delivery programme. The programme, which is targeted at Nigerian workers, is aimed at boosting housing development in the country. ...

The Nigerian government has restated its commitment to business development through improved investment in infrastructure. President Muhammadu Buhari gave the reassurance at the inauguration of the 250 million dollars plant of International Breweries Plc, in Sagamu, Ogun State. Buhari said his administration was also focused on creating enabling business environment across the country. He called on international companies to invest ...

Governor Abdul’aziz Yari of Zamfara, on Tuesday, decried delay in the delivery of the ongoing 61 Kilometres road linking Dauran Town in Zurmi Local Government Area to Birnin Magaji and Kaura Namoda Towns. Yari expressed the concern while inspecting the ongoing projects in the state. Reports show that the contract was awarded in 2016 at the cost of over N4 ...

The Imo state Command of the Nigeria Security and Civil Defence Corps (NSCDC) says it has arrested one Chinaza Nwatamole, who allegedly specialised in stealing government property. Nwatamole (25), who hails from Umunyala Mbieri in the Mbaitoli Local Government Area of the state, was paraded on Tuesday by the state NSCDC Commandant, Mr. Raji Ibrahim. Ibrahim said the suspect was ...

The Federal Road Safety Corps (FRSC) has warned motorists of impending traffic diversion on the Lagos/Ibadan Expressway from September 2 to January 15, 2019. The travel notice issued on Wednesday explained that the closure of the Sagamu bound carriage was to allow Julius Berger work on the road. Florence Okpe, FRSC Public Education Officer for Sector Commander in Ogun State, ...

Edo State Governor, Mr Godwin Obaseki, has issued an Executive Order altering the provision of Order 53, Rule 11, Paragraph 21 of the Second Schedule of the Edo State High Court (Civil Procedure) Rules 2012, that made it mandatory for persons applying for letters of Administration to pay 10 per cent of the total value of the property in advance, ...

Three property owners at the Adisa Housing Estate at No. 308B, Murtala Muhammed Way, Ebute Meta, Lagos, on Tuesday raised an alarm over plans by the Nigeria Railway Corporation to forcefully take over their landed property, without following due process. Alhaji Moruf K. Salami, Uyo Nwajei and Alhaja Aisha Aminu. Gwadabe said they have secured a court order barring the ...

The Federal Mortgage Bank of Nigeria (FMBN) and leading labour unions have agreed to begin the implementation of a national affordable housing programme for workers. FMBN is kick-starting the scheme in two states and Abuja, in conjunction with the Nigeria Labour Congress (NLC), Trade Union Congress (TUC) and the Nigeria Employers’ Consultative Association (NECA). The project will start next month ...