Real Estate News

Real Estate Developers are appealing to government to develop the infrastructure needs to enable them easily provide affordable housing. According to them, it is the duty of government to provide the roads, drainage system and other infrastructure needs, since such activities are capital intensive and add to the cost of building. Ghana’s housing sector has been faced with a worsening ...

Medallion Communications Limited has said it is expanding its Interconnect and Data Centre infrastructure to Enugu, Port-Harcourt, Ibadan, Kano and Asaba in an effort to accommodate more service providers in other parts of Nigeria. The Chief Executive Officer of Medallion, Mr. Ikechukwu Nnamani, who made the disclosure recently in Lagos, said the expansion, which is in phases would help boost ...

The Federal Government has invested over N6 billion to develop infrastructure at the Maritime University, Okerenkoko, Delta State. In 2017, President Muhammadu Buhari approved an increase in the take-off grant allocated to the university from the N2 billion earlier announced to N5 billion. This sum was included in the 2018 budget presented to the National Assembly in November 2017. Similarly, ...

A protest occurred on Wednesday by the residents of some communities in the Federal Capital Territory (FCT) over lack of access to the only source of water to the areas. The communities are Tungan-Kwaso, Tungan-Kano and Tungan- Kukudagba. Newsmen who monitored the protest along Airport Road in Abuja, reports that the protesters barricaded the road. Armed policemen and other security ...

Governor Oluwarotimi Akeredolu of Ondo State on Wednesday reiterated the commitment of his administration to constructing 500 kilometres access roads to link farms to the city. Akeredolu made this known while inaugurating some projects in Ondo Central Senatorial District to commemorate his administration’s one year in office. He said that Idanre community would also benefit from the access roads to ...

A senator of the ruling All Progressives Congress, APC, has reacted to the demolition of his property by the Kaduna State Governor, Nasir El-Rufai, in the state, noting that he has no case against the governor and has ‘forgiven him’. Suleiman Hunkuyi said this while addressing journalists on Tuesday. He also explained that he still sees and takes Mr. El-Rufai, ...

Two construction workers, Emmanuel Udoh and Mohammed Saidu, who allegedly beat their co-worker to death during a brawl, on Tuesday, appeared before a Lagos High Court Judge, Justice Sedoten Ogunsanya. The accused persons, whose residential addresses were not given, are standing trial on a one-count charge of murder. The Prosecutor, Mr K. N. Bamgbose, told the judge that the duo ...

No fewer than 1,306 Nigerians died in road accidents in the fourth quarter of 2017, the National Bureau of Statistics (NBS) has revealed in its ‘Road Transport Data for Fourth Quarter 2017. The fatalities were said to have been recorded in 2,489 road crashes which occurred in the fourth quarter of 2017. Giving a breakdown of the accident statistics, the ...

The Managing Director of the Nigerian National Petroleum Corporation (NNPC) Properties Ltd, Mr. Danny Sokari-George, has said that the company is determined to deliver quality and affordable houses with the best funding options for staff of the corporation. Sokari-George, who disclosed this recently at the maiden edition of NNPC Properties Ltd (NPL), Festival in Abuja, however, cautioned the staff against ...

In the early hours of Tuesday, February 20, 2018, a bulldozer powered its way into No 11 Sambo Close in the Kaduna metropolis. Before long, the property occupying that address had been reduced to rubble. The demolished property belongs to Senator Suleiman Hunkuyi who sat in a meeting where the decision to suspend Governor Nasir Elrufai from the APC was ...