Real Estate News

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has called on state governors to support access to electricity through improved power infrastructure in their states. Speaking at the opening session of NACOP, the minister said, “It is no longer news that the Distribution Companies (DisCos) are having difficulty funding distribution infrastructures. “Therefore, as collective 40 per cent shareholders, ...

Poised to ensure its members are homeowners in Lagos state, the Nigeria Institute of Architects (NIA) has indicated its readiness to begin the process of providing homes for its members through Lagos Architects Property Cooperative Initiative. Fitzgerald Umah, the newly re-elected Lagos NIA chairman dropped the hint after his re-election last week in Lagos. This, according to him, was one ...

Federal government is set to commence construction of houses for its civil servants in selected two states per geopolitical zones, as workers monthly contributions to the Federal Mortgage bank (FMBN) hit N2b. President of the Trade Union Congress of Nigeria ( TUC) Bobboi Kaigama disclosed this in Abuja Tuesday, at a stakeholders forum to announce a partnership arrangement between workers ...

The Nigerian-American Chamber of Commerce, NACC, has said that it is regrettable that despite great policies, institutions and regulations which various Nigerian governments including the state governments, had put in place since independence, the task of instituting efficient, effective, affordable and sustainable housing delivery processes had remained a challenge to policymakers even as the problems of housing provision had worsened. ...

The South east Governments have been tasked on the need to build concrete roads that would last about 15 to 18 years before developing cracks and potholes. A civil engineer who retired from the Enugu State Ministry of Works, and currently the site Engineer at the HELIU Residences, Enugu, Engr. Fred Okoli gave this advice in an interview shortly after ...

A former Governor of Lagos State and Leader of the APC, Asiwaju Ahmed Bola Tinubu, has offered to build a complex to house the faculty of arts at the Lagos State University (LASU) in Ojo. The Vice-Chancellor of LASU, Prof. Olanrewaju Fagbohun, made the announcement at a news conference on Tuesday in Lagos. Fagbohun said the donation provided to build ...

The federal government, yesterday, commissioned an N263 million erosion control projects in the Federal Capital Territory (FCT), executed through the Ecological Fund Office (EFO) in Karishi and Abaji. FCT Minister, Mohammed Bello, who performed the inauguration said both projects were expected to check flooding and gully erosion menace in the communities. He added that the age-long problem of gully erosion ...

An Ikeja Chief Magistrates’ Court on Friday granted N100, 000 bails each to two unemployed men, Adeniji Taiwo and Joseph Okon, charged with stealing goods worth N2.9 million. The Chief Magistrate, Mrs. Olufunke Sule-Amzat, said the accused persons should provide two responsible sureties as part of their bail conditions. Sule-Amzat said the sureties should be gainfully employed and should show ...

The headmistress, Loral International Boarding Nursery and Primary School, Agbara, Ogun State, Mrs. Christiana Oraka, has decried the deplorable state of Agbara/Igbese road, which leads to the school, saying it is one of the challenges of the school reputed for high standard of education. Speaking at the school’s 40th anniversary and “Family Day” celebration, Oraka called on Ogun State government ...

A farmer at Imota, Ikorodu Local Government Area, Lagos, Mr. Akanji Shakiru Musa, has alleged that Airtel, in attempts to lay fibre optic cables on the road setbacks, dug trenches and destroyed his farmland and crops worth millions of naira. He revealed this after several failed attempts as he claimed, to communicate with the management of Airtel and get them ...