Real Estate News

Built environment experts and other stakeholders have canvassed best ways to overcome housing and mortgage challenges in order to enhance home ownership among Nigerians and promote economic growth. Real estate developers, architects, builders, promoters of building materials, bankers, policymakers and mortgage providers among others, called on the government to look at funding issues among other impediments to affordable housing delivery. ...

Buba Galadima, chairman of the Reformed All Progressives Congress (r-APC), was involved in a motor accident along Hadeija-Kano road in Jigawa state on Monday. Galadima was returning from Yobe state where he went to condole with his brother who lost his daughter, when the tragic incident occurred. He was in the company of his son, Sadiq Galadimma, a relative Mohammed ...

LAND DISPUTE – The people of Okpunoeze village in Uraugu community of Nnewi, Anambra, were on Wednesday thrown into mourning over the murder of Mrs. Bene Ikegwuonwu, 70, by her son, Chinedu Ikegwuonwu, 40. Reports show that the incident occurred at 8 a.m. after an altercation between the duo over a piece of land belonging to the suspect’s younger brother. ...

Senator Dino Melaye was on Wednesday arraigned in an FCT High Court, Apo, on six counts bordering on attempted suicide, attempt to escape from custody and damage of police property. Melaye, who represents Kogi West senatorial zone, denied committing the offences, while Justice Silvanus Oriji granted him bail in the sum of N5m Oriji also ordered him to produce two ...

Residents of Adisa Estate in Yaba area of Lagos have demanded an upward review of compensation offered them on the planned demolition of their houses for the new railway project. The News Agency of Nigeria gathered that many houses have been marked for demolition to give way for the Lagos – Ibadan Standard Gauge Railway Project. Fred Ayika, spokesman for ...

The Nigerian government said it intends spending about N70 billion on infrastructural development within the country’s capital city Abuja. This was disclosed by Minister of the Federal Capital Territory, Mohammed Musa Bello at the opening ceremony of the Abuja Investment Expo themed: “Land development: A catalyst for economic advancement.” But the spending plan has to be approved by the National ...

The menace of armed robberies and kidnappings have returned to the Abuja-Kaduna expressway following the killing and abducting scores of travelers on Sunday (yesterday). A  commissioner was part of the victim that was killed Reports show that the attack occurred near Gidan Busa village, located between Jere and Kateri along the expressway. A former Katsina state commissioner of Education Prof. ...

Sector Commander of Federal Road Safety Corps, Adamawa state, Mohammed Husaini, yesterday in Yola raised an alarm about road crashes involving heavy-duty vehicles in the state. The Sector Commander said in 2017 alone, 125 crashes were recorded causing the death of “65 people and 329 others sustained injuries”. He gave the figures while reacting to the Nigerian Pilot bureau on ...

The Kaduna State Government has started the construction of a children’s park on plot of land 11B Sambo Road, Ungwan-Rimi, Kaduna, which was recently seized from Suleiman Hunkuyi, the senator representing Kaduna North. Reports show that the building on the plot was demolished by the Kaduna Geographical Information Service (KADGIS), in February, over alleged violation of the state’s land laws. ...

Ondo State Governor, Arakunrin Oluwarotimi Akeredolu has disbursed a total sum of N13.9 million to the residents of Ikare Akoko in Akoko North West as part payment of the compensation for the dualisation of the road in the town. The compensation by Akeredolu was in fulfillment of his administration’s promise of compensating residents whose properties were affected by road expansion ...