Real Estate News

A day after Lagos State Government announced it would be evacuating articulated vehicles that have turned the Apapa-Oshodi Expressway to a parking lot, it is still business as usual as trucks and tankers are still parked on the expressway from the port to Cele Bus-stop as at yesterday night, occupying both the express and service lanes. Beyond Cele Busstop inwards ...

The Managing Director, Bank of Industry, Mr. Olukayode Pitan, has said the stock of competent skilled construction workers is rapidly dwindling, with a 15 per cent annual decline of artisans in the construction sector. He stated that jobs hitherto meant for Nigerians were gradually being taken by people from other West African countries, leaving the indigenous artisans without work and ...

The Edo State Governor, Mr. Godwin Obaseki, has urged the state government workers to embrace the federal government housing scheme to enable them become homeowners after retirement. Obaseki gave the advice on Friday in Benin during a sensitisation programme on the federal housing mortgage scheme for public sector workers in the state, organised by the Nigeria Labour Congress (NLC) and ...

About 434 road traffic crashes were recorded in the first half of the year 2018 (January–June 2018) along the Lagos axis. ACM John B. Meheux, the Zonal Commanding Officer R2, Lagos disclosed this at a sensitization rally at the New Garage Motor Park, Ojota, Lagos. The rally which focused on the “Rainy Season Hazards and Drugged Driving” was organized in ...

The development of local building materials will help to reduce Nigeria’s housing deficit, the Managing Director, TAF Africa Homes, Mr. Mustapha Njie, has said. Njie said if the government, developers and individuals encouraged the use of local building materials, it would help drive down prices and make houses available to those who need them. He spoke at the July breakfast ...

Table Shakers Association of Nigeria (TSAN) has urged Kogi State government to fix certain collapsing portions of roads in Lokoja metropolis. A drive through Lokoja by TSAN crew revealed a disturbing situation with some segments of roads about to collapse. It viewed this as an indictment of the Works Ministry in the State for remarkable display of ineptitude and advised ...

Property theft- A 26-year-old security guard, Friday Okon, on Monday appeared before an Igbosere Magistrates’ Court in Lagos for allegedly stealing his employer’s valuables worth N2.9 million. He was, however, released on bail in the sum of N2.9 million. Okon, who resides at Road 15, Alabeko Street in Lekki area of Lagos, is facing a two-count charge of conspiracy and ...

The Federal Government has appealed to Nigerians, especially those living in flood-prone areas to stop blocking drainages to enhance the flow of water. Vice President Yemi Osinbajo made the plea in a statement on Thursday by his spokesman, Laolu Akande. “One of the things I’d want to say is that we have to change our habits in terms of blocking ...

Much of Abuja property market has continued to fizz after Hon. Justice B.F.M. Nyako of the Federal High Court Abuja Division granted an order for Asset Management Corporation of Nigeria (AMCON) to take over Sigma Apartments owned by Sigma Engineering & Construction Limited. Property watchers say the development may stir the market over expectations that more properties may be seized ...

The family house of a former chairman of Abuja Municipal Area Council (AMAC) Mrs. Vivian Anazodo and furnishings worth billions of naira located in Garki have been destroyed by fire. No valuable item was salvaged except her international passport and certificates belonging to her children. She has however refuted the claim that it was a case of arson. In a ...