Real Estate News

The Delta State Government has approved the construction, rehabilitation and asphalt overlay of four roads in Asaba, the capital territory. This was part of the decisions taken during the State Executive Council meeting held inside the Government House, Asaba. Commissioner for Information, Mr. Patrick Ukah, who spoke after the meeting listed the approvals to include the rehabilitation and asphalt overlay ...

The six governors in the south-west have formally admitted Lagos state into the O’dua Investment Group. Akinwunmi Ambode, the state governor, announced the development on Wednesday, via a statement by Habib Aruna, his chief press secretary. Incorporated as a limited liability company in July 1976, O’dua Investment Company Limited has business interests in Oyo, Ogun, Ondo, Osun and Ekiti states. ...

A Federal High Court Sitting in Lagos has ordered the temporary forfeiture of the sum of N11,040,000.00 belonging to the Nigerian Maritime Administration and Safety Agency (NIMASA). Justice Muslim Hassan granted the orders following an ex parte application made by one, Idris Mohammed, a prosecutor with the Economic and Financial Crimes Commission (EFCC). The money, which is suspected to be ...

The Akwa Ibom State Governor, Mr Udom Emmanuel has assured that he is committed to the full resuscitation and recapitalization of state owned mortgage bank, Akwa Savings and Loans Limited. Emmanuel who made the assertion at the commissioning of the new headquarters of Akwa Savings and Loans limited in Uyo on Friday said he had directed his hon commissioner for ...

The Medical Director of Best Medical Centre Limited in Ketu-Ijanikin, Doctor, Martins Udobi, is crying for justice over what he called “unfair treatment” by CCECC, a Chinese construction firm. Udobi said the firm brought one of its staff that was almost disabled due to a severe accident suffered during active engagement with the company, claiming that after successfully treating the ...

Senator Ibikunle Amosun, Ogun State Governor, has identified lack of proper documentation and incomplete payment by applicants under the Homeowners’ Charter Programme as factors responsible for the delay in issuance of Certificates of Occupancy (C of O). Amosun stated this during the 29th edition of presentation of Certificates of Occupancy and Building Plan Approval to another batch of beneficiaries at ...

The Nigerian Institute of Architects (NIA) has disclosed that it is working on a Nigerian Affordable Housing project for the common man. Speaking in an interview with LEADERSHIP recently, the president of NIA, Arch Adibe Njoku, who said the project will be piloted by universities, disclosed that the building project will be launched next year. According to him, the project ...

Stakeholders said Lagos state government has no justification for the increment of land use charge (LUCL) as the economy is biting hard on the masses Fitzgerald Umah, the chairman, Nigerian Institute of Architects urged the government to repeal the Land use charge law (LUCL) to help Lagosians in view of the hardship they were facing Umah said increasing the tax ...

Finally, the House of Representatives has adopted the report of its Committee on Works which seeks to establish Federal Road Authority (FRA) and the winding-down of Federal Roads Maintenance Agency (FERMA). The report was considered and adopted at the Committee of the House chaired by Deputy Speaker Lasun Yussuff, during Tuesday plenary. The report is to be transmitted to the ...

Motorists plying  Numan-Gombe Federal road have expressed concern over the slow pace of the on-going reconstruction of the road particularly from Numan-Lafiya Lamurde in Adamawa state to Cham town in Gombe state. One of the motorists, Amos Aboki, a commercial bus driver, lamented that the construction firm handling the road, “lacks the capacity, manpower and construction machines to reconstruct the ...