Real Estate News

Vice-President Yemi Osinbajo has fired yet another shot at ex-President Goodluck Jonathan, saying the $3 billion allegedly frittered away through the strategic alliance contracts could have been used in constructing seven major roads. The alliance contracts are often derided by industry experts as the biggest organised scam in the history of Nigerian oil industry. The alliance contracts were between the ...

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has called on government at all levels to invest more in the provision of real estate and infrastructure to boost the nation’s economy. The National President of the Institution, Dr Bolarinde Patunola-Ajayi, said this on Tuesday at a news conference to showcase activities for the 48th annual conference and Annual General ...

The Borno State Government has approved the closure of all boarding secondary schools located outside Maiduguri, the state capital following the recent attack on Dapchi village of Yobe state by Boko Haram gunmen during which about 100 schoolgirls were abducted. The state government said it took this far reaching decision after an expanded Security Council meeting of all security, government ...

The Lagos Assembly has set up a six-man ad hoc committee to review the controversial 2018 land use charge in the state. The Speaker of the House, Mr. Mudashiru Obasa disclosed this at the plenary yesterday. He urged the people to participate in the second public hearing organised by the Lagos assembly to have the opportunity to express their grievances. ...

More incompetent teachers to be sacked, Kaduna govt. declares OVER 192 residents of Zaria, in Kaduna State, have sued Governor Nasir El-Rufai over threat to demolish their houses. Counsel to the aggrieved parties, Bello Ibrahim, alleged that the government trespassed on the property in contention. He said the houses are located in Nasarawa, also known as Bayan Library, in Zaria ...

The Managing Director of Federal Mortgage Bank (FMBN), Arc. Ahmed Musa Dangiwa, has unveiled plans to collaborate with states governments for them to provide affordable houses in the estate. He expressed concern during a meeting with 9-member delegation, led by the President of the National Economic Summit Group (NESG), Engr. Kashim Ali, at the FMBN headquarters, yesterday in Abuja. Dangiwa ...

Experts in Ondo State, under the umbrella of Association of Professional Bodies of Nigeria (APBN) have kicked against Governor Akeredolu’s proposed Land Use Charge. The stakeholders cautioned Governor Oluwarotimi Akeredolu to drop the idea of imposing land use charges on residents in the face of the current economic hardship. The Chairman of the Association of Professional Bodies of Nigeria, APBN, ...

The Ekpon community in Igueben Local Government Area of Edo, has donated a facility valued at about N30 million to the Edo Command of the Nigeria Police Force. The facility, a police station, was handed over to Commissioner of Police in Edo, Mr Johnson Kokumo by Mr Celestine Edobor. Edobor said that the facility was started in 2014 and completed ...

The newly appointed Governing Board of Maritime Academy of Nigeria (MAN), Oron, Akwa Ibom on Wednesday decried the level of abandoned projects and obsolete infrastructure in the institution. Mr Ademola Seriki, Chairman of the governing board expressed the disappointment of the board members during an inaugural visit and inspection of facilities in the academy. He observed that some of the ...

The United Nations Development Programme (UNDP) has handed over 608 housing units built for Ngwom Community to Borno State government. The housing units are part of efforts at rebuilding about 20 destroyed communities by Boko-Haram in 2014 and 2016. About 370 households were affected while 2,300 residents were forced to take refuge in camps in Maiduguri. UNDP Resident Coordinator, Edward ...