Real Estate News

The Lagos State Government (LASG) has signed a major agreement with an experienced international railway systems aggregator and rolling stocks manufacturer, Alstom SA of France, on the Lagos Rail Mass Transit project as part of efforts to rev up the multi-modal transport system in the State. Following a comprehensive review of the rail project, which ought to have commenced passenger ...

The Akwa Ibom State Government says it has rehabilitated about 400 public schools in the last three years in spite of the economic situation in the country. The Commissioner for Information and Strategy, Mr. Charles Udoh, made the disclosure while speaking with newsmen in Uyo on Sunday. Udoh said that the state government had compiled the list of all public ...

The Federal Mortgage Bank of Nigeria has announced that Nigerians above 18 with a steady paycheck will now be able to access up to N5 million housing loan without equity contribution. This was stated as one of the new conditions for accessing mortgage funds from the bank. According to a statement by Zubaida Umar, the revised requirements are a 100% ...

The Federal Mortgage Bank of Nigeria Board has approved the implementation of the Rent-To-Own pilot housing scheme to begin with 3000 houses nationwide. A statement signed by Zubaida Umar, FMBN Corporate Communications Group Head, on Sunday in Abuja, stated that the scheme was a strategic move designed to make home ownership more accessible and affordable for Nigerian workers. The FMBN ...

ESV Charles Oghenero Ebiai FNIVS, RSV, KSM, emerged as the 10th Chairman of the Nigerian Institution of Estate Surveyors and Valuers, Abuja (Unity) Branch for 2018-2020 Council years at the Branch’s Annual General meeting and Elections held on the 7th of August 2018 at Chelsea Hotel, Central Business District, Abuja. ESV Charles Oghenero Ebiai FNIVS is a Fellow of the ...

As part of efforts aimed at improving farmers’ productivity in Niger state, the state government has started the construction of a 55 kilometers road in Layun Local Government area of the State, under the second phase of its Rural Roads Mobility Project (RAMP). The State governor, Abubakar Sani Bello, who inaugurated the project in Kutigi-Dasun-Tasha Hajiya, said that it would ...

The Federal Government has expressed concern about the dilapidation of teaching and learning infrastructure, especially at the basic level of education. It, however, urged the   (NUC), National Board for Technical Education (NBTE) and the National Commission for Colleges of Education (NCCE) to develop a framework for Build, Operate and Transfer (BOT) to encourage private sector involvement in development of infrastructure across ...

Abuja – Acting President Yemi Osinbajo and his cabinet members rose from the weekly Federal Executive Council meeting on Wednesday, to approve N348.594 billion contract for the construction of 420.6 kilometers Akwanga-Jos-Bauchi-Gombe road. According to Babatunde Fashola, Minister for Power, Works and Housing, the project scope is for the expansion of the current two-lane highway into a dual carriageway. He ...

The Lagos State Government (LASG) has reassured prospective homeowners that they will celebrate the next Christmas in their new homes, saying allocation of the houses will start in October. The state Commissioner for Housing, Mr. Gbolahan Lawal, said this after an inspection tour of some of the housing projects in parts of the state on Wednesday. Lawal said that the ...

Five Urhobo communities in Delta State have passed a vote of no confidence on Zenith Construction Limited, the contracting firm handling the major road project linking the entire areas. They have consequently urged Governor Ifeanyi Okowa to, as matter of urgent public interest, revoke the road contract awarded to the company before it rubbished its good intentions to their people. ...