Real Estate News

The Abuja Geographic Information Systems (AGIS), of the Federal Capital Territory Administration (FCTA), has said that it received a total of 7,826 fresh applications in 2019, for land allocation in the FCT. Director of AGIS, Dr. Isa Ibrahim Jalo, who disclosed in Abuja yesterday, explained that private residential applications got 4,901, commercial (2,120), resettlement (431), area council (373), while diplomatic ...

The Lagos State Environmental and Special Offences (Enforcement) Unit (Taskforce) says from Dec. 21, it will embark on a clean-up exercise by removing illegal structures in Lekki, Lagos. The Chairman of the Agency, CSP Olayinka Egbeyemi, made this known in a statement signed by the agency’s Head, Public Affairs Unit, Adebayo Taofik. According to the chairman. the exercise is to ...

The Lagos State Government on Sunday, cautioned operators of event centres, property owners, religious centres and other places of attraction to desist from compounding traffic gridlock on roads around their locations. The Commissioner for Transportation, Dr. Frederic Oladeinde, in a statement, read the riot act to owners of event centres and places of attraction to desist from activities that could ...

The Federal Capital Territory Administration (FCTA), has said that it received a total of 7,826 fresh applications for various plots of land in the FCT for the year 2019. The Director, Abuja Geographic Information Systems (AGIS), Dr. Isa Ibrahim Jalo, stated this while briefing Journalists on their end of year activities. He explained that the breakdown of the applications includes: ...

A Federal High Court in Lagos yesterday ordered that one Malik Wakili should be remanded in prison custody for allegedly impersonating a former governor of the state and the Minister of Works and Housing, Babatunde Fashola, and defrauding the minister to the tune of N3.1m. Wakili, who was docked before Justice C.J. Aneke of the Federal High Court in Lagos, ...

 According to reports, Babatunde Fashola, the Minister of Works and Housing, has explained how a suspected fraudster allegedly hacked his online account for six years to commit internet fraud. Mr. Fashola, however, said he was not the direct victim of the fraud, valued at N3.1 million by the anti-graft agency, EFCC. Mr. Wakili is being prosecuted at the Federal High ...

Delta Governor, Sen. (Dr) Ifeanyi Okowa, said the State Government would spend N18 billion to construct six storm drainage projects to solve flooding problems in Warri and Uvwie areas of the state. He said that contact for two of the projects had been awarded to CCECC Ltd and Levante Construction Ltd at the sum of N9.5 billion. The governor stated ...

The Rivers State Police Command on Monday paraded one Kelly Nwogu, Managing Director of Livelihood Homes Limited, aka ‘The Villa’, for allegedly defrauding 494 land buyers of N800 million. It was gathered that while the suspect collected money from the unsuspecting land buyers, he could not provide them with any parcel of land several months after which led to his ...

A Deputy Commandant with the Nigeria Security and Civil Defence Corps (NSCDC), Ms Adenike Ishola, is on the run after the Independent Corrupt Practices and other related offences Commission secured an order to seize her vast property in Abuja. In a statement posted on the website of the commission on Monday, the ICPC stated that a High Court sitting in ...

At a time when macroeconomic and political forces are aggravating the challenges of affordable housing in Nigeria, experts are seeing technologies, including formwork construction as means to reduce costs and expand housing access. They believe that government and private sector partnership in housing construction could sway the interest of the medium and low-income earners in homeownership. Alpha Mead Group Chairman, ...