Real Estate News

Benue State governor, Samuel Ortom, has stated that the state has lost over N400 billion worth of property to renewed militia herdsmen attacks on Benue communities. He stated this during an interactive session with newsmen where he spoke on his achievements and challenges of his administration in the past three years. The governor noted that the estimate was arrived at ...

The temporary solution on the collapsed bridge occurred less than 24 hours after the works minister, Babatunde Fashola, pledged to ensure a palliative is put in place for motorists plying the route. Vehicular traffic on the Mokwa-Jebba road has eased following the temporary fixing of the Mowo bridge after it collapsed on Saturday night. The Federal Road Safety Corp had ...

Nigeria’s minister of works, power and housing, Babatunde Fashola, has assured investors, residents and visitors of one of the largest industrial hubs in the country, including Sango, Ota, Igbesa, Agbara, of Federal Government’s plans to revamp aging road infrastructure within the axis. The Federal Government’s assurance on infrastructure upgrade within all existing industrial hubs in the country was made at ...

Vice President, Prof. Yemi Osinbajo has urged African countries to collaborate in efforts to develop infrastructure in the oil and gas sector for the growth of the region. Osinbajo made the call at the opening ceremony of the Extraordinary Session of the Council of Ministers of African Petroleum Producers’ Organisation(APPO) Abuja, on Monday. He bemoaned the paucity of funds required ...

The Minister of Works, Power and Housing, Raji Fashola, says the collapsed bridge on Mokwa-Jebba road will be back in use within 72 hours. Fashola told newsmen in Zaria, Kaduna State, shortly after he paid homage to the Emir of Zazzau, Dr. Shehu Idris in his palace on Sunday. The Minister had, before visiting the emir, inaugurated a new 60MVA/132/KV ...

Nigeria has signed an agreement with Morocco for the construction of a 5,660km gas pipeline. The agreement was signed on Sunday by President Muhammadu Buhari, who is currently on a working visit to the North African country, and Mohammed VI, king of Morocco. Earlier in December 2016, both countries agreed on the pipeline and carried out feasibility studies. “For economic, political, ...

ROAD CRASH – The Ogun Traffic Compliance and Enforcement Corps (TRACE) said on Sunday that 62 persons died while several others were injured in various auto crashes across the state between January and March. The TRACE Public Relations Officer, Mr. Babatunde Akinbiyi, made the disclosure in an interview with the News Agency of Nigeria (NAN) in Abeokuta. Akinbiyi, who stated ...

Six years of waiting in vain for the intervention of the Ogun State government in the construction of Arepo Town road, at the weekend, spurred residents of the estate to engage in self-help by fixing the 1.2km access road. Arepo is a satellite town off Lagos-Ibadan Expressway in Obafemi Owode Local Government Area of Ogun. It is noted for its ...

Mr. Rowland Abonta, the National President of Nigerian Institution of Estate Surveyors and Valuers (NIESV), at the weekend, decried the poor remuneration of operators in the real estate subsector of economy. Mr. Rowland Abonta, the National President of NIESV, made the observation while inaugurating the Corporate Affairs Committee for the 2018/2019 year in line with the provision of the institution’s ...

Bayelsa State Governor, Honourable Henry Seriake Dickson has assured workers on the timely completion of the ongoing low-cost housing units in Ayama and Agbura in Southern Ijaw Local Government and Yenagoa Local Government Areas of the state. He said on completion, the projects will decongest Yenagoa, the state capital and as well afford low-income earners the opportunity to own affordable ...