Real Estate News

The Lagos State Government (LASG) has engaged stakeholders in dialogue for the upgrading of Iru- Victoria Island-Lekki axis of the State. Dr. Idris Salako, the Commissioner for Physical Planning and Urban Development, who was represented by the Director Development Matters, Oladimeji Animashaun during his welcome address said the successful take-off of the landmark project, which would upgrade Oniru network of ...

The Permanent Secretary in the Lagos State Ministry of Housing, Mr. Wasiu Akewusola, has said that the State Government will only entertain applications for housing transactions that are accompanied by evidence of tax payments by applicants. Speaking during a stakeholders’ meeting in Alausa, Ikeja, Akewusola maintained that the State government, through the Ministry or any of its Agencies, will not ...

The children of Late Joshua Olusoga of Surulere, Lagos have dragged their brother, Gbenga Olusoga, 59, before a Lagos Magistrate’s Court for allegedly stealing the certificate of occupancy and survey plan documents of their late father’s property located at 14, Badaru Street, Surulere, Lagos. A police source alleged that the accused was arrested by the Assistant Inspector General of Police, ...

The 35 Artillery Brigade, Alamala, Abeokuta, Ogun State, as part of its Cooperate Social Responsibility (CSR) yesterday embarked on palliative work on a major road, leading to its barracks. The busy six-kilometer road begins at Lafenwa, a suburb of Abeokuta, the state capital, and ends at the Alamala Barracks. Men and officers of the 35 Artillery Brigade took up the ...

The Federal Roads Maintenance Agency has called on the Federal Government to provide more funding for road projects. The Managing Director of the FERMA, Mr. Nurudeen Rafindadi said the decline of good roads and increase of bad roads could be linked to inadequate funding. He made this known in Owerri, Imo State, at the agency’s annual lectures and awards. Rafindadi ...

A real estate developer, Mr. Babatunde Gbadamosi, has called for the repeal of Land Use Act to allow for freehold ownership system in all states across the federation. Gbadamosi, CEO of Red Bricks Homes, told newsmen on Monday in Lagos that the repeal of the law would help attract the much-needed investment in real estate sector. He said that the ...

The Niger Delta Development Commission (NDDC) has warned contractors working for it to brace up and discharge their obligations fully as the Commission will no longer pay for jobs that are not verified and certified. The warning came from the NDDC Acting Managing Director, Gbene Dr. Joi Nunieh while inspecting projects, which included the multi-billion erosion control project in Bende ...

Emeka Odo, chairman of the State Internal Revenue Services (SIRS), told journalists on Friday that SIRS’ year-end enforcement on alleged recalcitrant tax defaulters will result in sealing off the premises of 37 institutions. The affected institutions included hospitality industries, financial institutions, and schools. The chairman said the 3,000 institutions owe the state government debt of N2.5 billion. “This exercise, which ...

A non-governmental organisation, the Physical Planning Renaissance Initiative, has asked the recently inaugurated Physical Planning and Building Control Appeals Committee set up by the Lagos State Government to speed up action on its mandate. While commending the Lagos State Government for inaugurating the committee, the PPRI said it would provide a unique opportunity for multifarious groups with interest and concern ...

LASG – Mr. Tunji Bello, the Lagos State Commissioner for Environment and Water Resources, said this on Thursday, during a Stakeholders’ Forum on Construction, Demolition and Disaster Waste (CDDW) Management in Lagos State. The forum, organised by the Lagos Waste Management Authority (LAWMA), has the theme: ”Creating Value Through Responsible Management of Construction and Demolition Waste in Lagos State.”  Represented ...