Home » Real Estate News (page 29)

Real Estate News

Fire destroys Katsina varsity


A wild fire on Tuesday razed down parts and offices of the Katsina State-owned Umar Musa Yar’adua University, destroying some parts of the buildings including some section of faculty of Education, the office of Head of library and information Science department in the faculty, others include the examination office and some lecturer’s rooms. The cause of the Fire outbreak is ...

Read More »

Court support FIRS to sell companies’ properties towards tax clearance


The Federal Inland Revenue Service (FIRS) has been authorised by an Abuja-based Federal High Court, to sell two landed properties belonging to tax debtors. The tax debtors are Tradecraft Nigeria Limited and Zaibadari Company Limited. Together, they owe the Government a total of N35.9 million. About the case Specifically, Zaibadari Company Limited is owing N18.8 million in tax debts, just ...

Read More »

Ijebu-Ode residents commend Ogun Govt. on road projects


Some residents of Ijebu-Ode have commended the Ogun government for rehabilitating some roads in the community, saying this had eased free flow of traffic. Speaking with Newsmen on Monday in separate interviews, some of the respondents described the initiative as timely in spite of the fact that the tenure of the Ibikunle Amosun-led administration was rounding off. Reports show that ...

Read More »

Unions urge Buhari to sign Ajaokuta Steel Company Completion Bill


Two unions in the iron and steel industry have said that the completion and functioning of the Ajaokuta Steel Company Ltd. will reduce unemployment and improve the economy. The unions: Steel and Engineering Workers Union of Nigeria (SEWUN) and Iron and Steel Senior Staff Association of Nigeria (ISSSAN), also said that presidential assent to the Ajaokuta Steel Company Completion Fund ...

Read More »

Fire outbreak hits three communities in Yobe


Houses, foodstuffs, and property belonging to some residents in three villages under Nangere Local Government Area of Yobe State have been destroyed following a fire outbreak. Garin Kaduwa, Daawa and Samo were the villages engulfed by the Saturday’s fire outbreak, thereby rendering many families homeless. Though the cause of the fire could not be traced, it was believed to have ...

Read More »

Landslide destroys houses in Bayelsa


A major landslide has occurred in Odi, Kolokuma/Opokuma Local Government Area of Bayelsa State, destroying houses in the community. Community sources said the landslide, believed to have been caused by water erosion, occurred on Sunday and has thrown the community into mourning because of the houses and property that have been destroyed. Investigations revealed that the Chief Whip of the ...

Read More »

Fashola suspends Abuja National Housing Project

National housing project

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has ordered the immediate suspension of work at the Abuja National Housing project in Gwagwalada, FCT. Fashola gave the order during the inspection of the ongoing Abuja Mass Housing project in Gwagwalada, on Monday. The Federal Capital Development Authority (FCDA) had written “Stop Work Inscriptions’’ on buildings at the construction ...

Read More »

Engage quantity surveyors to minimize cost, NIQS urges govt


Mr. Ayuba Akere, Chairman, Nigerian Institute of Quantity Surveyors (NIQS) Lagos Chapter, has urged all tiers of government to engage the services of quantity surveyors in capital projects, housing and road constructions to minimise costs. Akere gave the advice in an interview in Lagos on Friday. According to him, quantity surveyors will help to monitor and evaluate the costs of ...

Read More »

40 houses demolished in Magboro area, Ogun State


Officials of the Ogun State Ministry of Housing have allegedly demolished 40 houses in Regal Estate at the Magboro area of the State. The exercise came barely three weeks after a similar exercise was carried out by the state government in collaboration with the state Mission to Rebuild (MISTRO) agency in the area. The state government officials had on April ...

Read More »

Infrastructure bonds needed for real sector growth – FBNQuest


FBNQuest has seen the possibility of growing the real estate sector through bond investment. In a statement, it said infrastructure deficit has remained an impediment to the industrialisation and diversification of the economy. Infrastructure deficit, it added, has further complicated the ease of doing business in the country and is linked to inadequate public sector financing. “By its nature, infrastructure ...

Read More »