Real Estate News

Long perimeters fences of Cross River State Property Development and Investment Limited (CROSPIL) have been demolished by unknown persons suspected to be thugs in Cross River. Also demolished were fences dividing CROSPIL and it neighbours at No 1 Bishop Maynagh Avenue, State Housing Estate, Calabar. The incident occurred around 7 PM on Wednesday and lasted for a few hours. An ...

The Ondo State government, on Thursday, justified the demolition of beer parlours and makeshift buildings in its Government Reserved Areas (GRAs) and “containers” on Airport Road in Oba-Ile. The Ondo state Commissioner for Physical Planning and Urban Development, Mr. Rasheed Badmus, said in an interview in Akure that the beer parlours had become meeting points for men of the underworld. ...

Two community leaders in Ijaiye-Ojokoro Local Council Development Area (LCDA), Lagos State, have called on Gov. Babajide Sanwo-Olu to build more primary and secondary schools in their areas. Chief Olayinka George, the Baale of Karaole in New Oko-Oba, and Mr. Hamzat Azeez, Chairman, Community Development Committee (CDC), Ijaiye Ojokoro LCDA, spoke with newsmen in Lagos. George, also Secretary, Council of ...

The Ogun State Government has begun the construction of mass housing estates in Abeokuta and other parts of the State to provide decent houses to the pe ople at affordable prices. Speaking at the Thanksgiving and Praise Worship in honour of his victory at the governorship election tribunal, held at the June 12 Cultural Centre, Kuto, Abeokuta, Governor Dapo Abiodun ...

Kogi State Government has completed plans to launch a rice mill factory worth N4 billion. The factory is expected to produce 50 tonnes of rice per day.   This was made public by the Governor of the State, Yahaya Bello, during an inspection tour of the facility situated in Omi Dam in Ejiba, Yagba West LGA of Kogi. The details: The Governor, during ...

A three-storey building under construction located at Ifite Awka, near Nnamdi Azikiwe University gate, Awka South LGA, Anambra state has collapsed. Although no life was lost, reports show that the response team of Awka Capital Territory Development Authority (ACTDA) has condoned the site and equally charged workers in an adjoining building with cracks to suspend work pending when assessments on ...

Lagos State Governor, Mr. Babajide Sanwo-Olu, has said his administration’s development agenda was aimed at leveraging the population of the State for sustainable socio-economic development. The Governor said although the State was facing the challenges of a growing population, his administration was prepared to turn the burden to opportunities by training people and equipping them with life skills. Sanwo-Olu disclosed ...

The Federal Airports Authority of Nigeria (FAAN) has issued the Nigerian Airspace Management Agency (NAMA) 48 hours to relocate its workers at the staff quarters of the Murtala Muhammed International Airport (MMIA), Lagos in order to demolish a four-block of flats in the area. FAAN said that the relocation was necessary in order to give room for the expansion of ...

President Muhammadu Buhari on Thursday told the German envoy that Nigeria looked forward to greater investments in infrastructure, especially power. Buhari, who spoke when he received Letter of Credence from the Ambassador of Germany, Birgitt Ory, at the State House, Abuja, said Nigerians ‘eagerly’ expected investments in the power sector that would illuminate their homes and stimulate businesses.  The president, ...

The Managing Director and Chief Executive Officer, Infinity Trust Mortgage Bank Plc, Dr. Olabanjo Obaleye, has said that the mortgage industry was faced with several bottlenecks that needed the urgent attention of the Federal Government if it was determined to provide the 17 million housing deficit.   Obaleye, who said this in an exclusive interview with Nairametrics in Lagos on Monday, noted that ...