Real Estate News

As part of measures to bridge the rising accommodation and shelter gaps in the country, Chinese investors have expressed readiness to invest in mass housing schemes for low and middle-income earners across the country. The Manager, One Belt One Road Financing Operation in China, Mr. Jin Changsheng, made the promise at the Affordable Housing Summit, Abuja. He said that Chinese ...

Senator Peter Nwaoboshi was docked before the court alongside two construction companies: Golden Touch Construction Project Ltd and Suiming Electrical Ltd by the Economic and Financial Crimes Commission (EFCC) on a two-count charge of money laundering and fraud. Justice Mohammed Idris of the Federal High Court in Lagos yesterday remanded the senator in Ikoyi prisons over an alleged N805 million ...

A fire on Thursday burnt the residence of the Yobe State Commissioner of Finance, Mohammed Samaila Nguru, where he and his family live. According to an eye witness’ account, the family escaped unhurt while their documents, clothes and food were gutted by the fire. Despair has taken over the residence located at Housing Estate  Gujba Road, Damaturu, Yobe State capital. ...

Traders at Bridgehead Market, Onitsha, Anambra State are excited following the construction of the link road by the leadership of the market. The one-kilometer road which runs from Drug market through the Power Tools and Allied market to Tinker and Timber markets has been in deplorable condition for decades, which has brought hardship and low patronage to the traders at ...

Babatunde Fashola, the minister of power, works and Housing, has said that the federal government has not done enough on infrastructure maintenance throughout Nigeria. Fashola stated this while receiving an award of recognition from the Association of Indigenous Construction Contractors of Nigeria (AICCON) as a result of the regular payment of the federal government’s contractors in the last one and ...

The Oke-Oko, Oke-Tapa and Isawo communities in Ikorodu, Lagos State, have earmarked 10 acres of land for the construction of military barracks in the area. The traditional ruler of the communities, Chief Muse Ibrahim, said that the gesture was in appreciation of the military’s efforts in ending militancy and pipeline vandalism in the areas. Ibrahim told the News Agency of ...

Gov. Abdullahi Ganduje of Kano state has given landowners of the proposed mega gas pipeline by the Nigerian National Petroleum Corporation (NNPC) acquisition notice, preparatory to the commencement of the Project. This is contained in a statement signed by the Chief Press Secretary to the governor, Malam Abba Anwar and made available to newsmen in Kano on Wednesday. The statement ...

The Managing Director, Federal Mortgage Bank of Nigeria (FMBN), Mr. Ahmed Dangiwa says more than N9 billion National Housing Fund (NHF), has so far been refunded to over 200, 000 retirees nationwide. The managing director said that every NHF contributed by civil servants was refundable with interest once they attained 60 years. Dangiwa made this known at the Affordable Housing ...

The Inspector-General of Police (IGP), Mr. Ibrahim Idris, said the Force had commenced the construction of post-retirement housing units for its personnel across the country. Idris made the disclosure at the inauguration of the Nigeria Police Force housing estate in Mbora district of Abuja on Tuesday. The post-retirement project was carried out in conjunction with CORPAN International Ltd. “When these ...

Akwa Ibom Government has urged the Federal Government to refund the state money it spent on the reconstruction of federal roads in the state. The state Commissioner for Works, Mr. Ephraim Inyangeyen, made the appeal in an interaction with newsmen in Uyo on Monday. Inyageyen said that of the N140 billion owed the state, the Federal Government had approved the ...