Real Estate News

The Federal Government has disclosed that a total of 1, 350 houses have been completed at various locations in Abuja and Lagos and their letters of allocation will be ready for distribution. The beneficiaries (civil servants) are under the Federal Integrated Staff Housing (FISH) programme. FISH programme, which is the initiative of the Head of the Civil Service of the ...

Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, yesterday, inaugurated 45 members into the board of the Architects Registration Council (ARCON). Fashola, who performed the inauguration in Abuja, tasked members of the reconstituted council to help fulfill President Muhammadu Buhari’s mandate to the people. According to him, Buhari is in need of men and women of good fate ...

The Federal Government, through its Ministry of Finance is partnering with the Nigerian Sovereign Investment Authority (NSIA) and other players in the housing sector to provide 500,000 houses to prospective homeowners by 2023. The proposed homes, which is said to be the largest affordable housing focused fund in sub-Saharan Africa is set to provide 1.5million jobs that will positively impact ...

As rainy season approaches, Lagos residents are becoming apprehensive of what the condition of roads will be considering many infrastructures are already suffering dilapidation of various degrees. However, the fears are being allayed, as the agency saddled with the responsibility of road maintenance as assured of its readiness to ensure free vehicular movements during the rainy period and beyond. Speaking ...

Some members of the dreaded Boko Haram terrorist group were reported to have attacked and destroyed 13 houses in Kaya village, Madagali Local Government Area of Adamawa State. According to the reports we got, the attack occurred at around 9:00 P.M, on Monday. The military and vigilante group were reported to have repelled the attack, killing one member of the ...

Speaker of Lagos State House of Assembly, Mudashiru Obasa, has been mentioned in a land-grabbing case. It was reported that one Goriola Oyenusi invaded the land of Rexman Global Ventures Limited with some personnel of the Nigeria Police Force, claiming to have bought the land on behalf of the Speaker. According to the lawyer of Rexman Global Ventures Limited, Barrister ...

The Federal Government yesterday announced a new national building code that will regulate construction with the aim of improving on measures to safeguard lives and property in the country. Minister for Power, Works and Housing, Babatunde Fashola, made the announcement at the ministry’s headquaters in Abuja while inaugurating members of the Architect Registration Council of Nigeria (ARCON). He noted that ...

The Kaduna State Internal Revenue Service (KADIRS) said on Tuesday that it would prosecute owners of 56 properties in the state over unpaid ground rent. Executive Chairman of the service, Mukhtar Ahmed, made the disclosure in Kaduna at the launch of a digital application that integrates all the 63 revenue generating agencies in the state. He said that a task ...

Close to two years after the Federal Government launched the $10b Infrastructure Fund to stimulate development in the Niger Delta, there is no trace of the fund anywhere. In October 2016, the Federal Government launched the $10b Infrastructure Fund to end insurgency and introduce sustainable development in the region. Minister of State for Petroleum, Ibe Kachikwu alongside President Muhammadu Buhari, ...

The Economic and Financial Crimes Commission, EFCC, has urged the Federal High Court In Abuja not to vacate the interim forfeiture order it placed on 19 properties linked to the immediate-past Minister of Petroleum Resources, Mrs. Diezani Alison-Maduke. The anti-graft agency said it traced the properties the ex-Minister bought in Nigeria, the United Kingdom and the United States of America ...