Real Estate News

Residents of the Federal Capital Territory (FCT) on Sunday has decried the delay in the completion of the Kuje-Gwagwalada road project awarded since 2010. Some residents of the territory in separate interviews with the News Agency of Nigeria (NAN) in Kuje and Gwagwalada said that the delay in the completion of the project was not in their interest. NAN recalls ...

Glimmer of hope is beaconing towards solving problems confronting the nation’s built environment as professionals in the sector have entered into strategic move to address the problem. One of the rewards of such move was the call for the establishment of Nigerian Construction Industry Development Board (CIBD), which they said would be saddled with the roles of; formulating, implementing, regulating ...

Traditional households in the outskirts of the Federal Capital Territory (FCT), Abuja are battling on how they can dispose human solid waste from the environment due to lack of toilet facilities. The affected areas, where indiscriminate dumping of refuse and human solid waste exist include; Mpape, Lugbe, Karishi, Jikwoyi, Gudu Dagba, Karimo, Dutse, Bwari, Gwagalada and others. FCT Chairman of ...

The Federal High Court, Abuja, has fixed April 12 to hear an application filed by a former First Lady, Patience Jonathan, over the alleged demolition of some of her property in Abuja. The former first lady had alleged that the said property was demolished by an agency of the federal government. The judge, Nnamdi Dimgba, fixed the date on Monday ...

Barely two weeks after the Lagos State Governor, Akinwunmi Ambode signed the new Land Use Charge Law which was passed on January 28, 2018, by the State House of Assembly, to repeal and replace the Land Use Charge Law 2001. Payment of the new charge has commenced in earnest at the Opebi Branch of the Guaranty Trust Bank Plc, (GTB), Ikeja. ...

Governor Yahaya Bello of Kogi State first announced that his administration was going to embrace the establishment of Fulani herdsmen (cattle colonies) in the state, the people of Kogi reacted to the idea with mixed feelings. But recently, the state government explained the philosophy behind its decision. Abdulkarim Abdulmalik, director-general, Kogi State Information Services and Grassroots Sensitisation, has disclosed that ...

The Federal Executive Council (FEC) has approved N2.2 billion for the reconstruction and rehabilitation of the Bill Clinton Airport road in the Federal Capital Territory. The Council also approved N273 million for the procurement of ‘field materials’ for the FCT Water Board in its quest to provide potable water in the Federal Capital Territory. This was made known in a ...

Some Nigerian celebrities including Jide Kosoko, Yemi Solade and Taiwo Akinsola have harped on the need for Nigerians to own landed properties toward having a roof over their heads. They spoke at the Love and Investment Dinner organised by Merit Abode Nigeria Limited, where a couple of the Year was crowned. Couples and other guests at the party, held in ...

The fight over the estate of late Nigerian music producer and singer, Babatunde Okungbowa otherwise known as OJB Jezreel seems to be getting messier. LIB reported that the late singer’s brother, Albert Okungbowa, has sued OJB’s first wife over the 5-bedroom property. The crisis which occurred last month revealed details of how the property located on Gbaja street, Surulere, Lagos ...

The Federal Government has made provision to deliver 3,500 housing units in the 2018 Budget estimates. Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, disclosed this when he declared open the 3rd national Real Estate Summit in Abuja recently. Fashola also said that the construction of over 2700 housing units began in 2017, would be delivered soon. The ...