Real Estate News

Our correspondent, Esther Adeniyi, interviewed Town Planner and Barrister Makinde Ogunleye. He gave us insights into the importance of town planning and physical planning in real estate. Read excerpts of the interview below: NREH: can you kindly introduce yourself sir? Barr Ogunleye : I am Town planner and Barrister Makinde Ogunleye. I retired from Lagos state government as a director. Presently, ...

Getting an accommodation in the city of excellence is never a walk in the park. In most cases a tenant in Lagos does pass through thick and thin to find shelter because of the competitive nature of the city which is the fastest growing city in Africa, with a population of over 21 million people. In this piece, Solomon Izuagie,a ...

The Guardian reports that Legal battle over the soul of a landed property situate at 5, Oduduwa Street, GRA Ikeja, Lagos is raging between administrators of the estate of Late Samuel Iyiola Omotoso, and the Asset Management Corporation of Nigeria (AMCON), Ecobank, and Registrar of Titles, Lagos State. The bone of contention in the suit filed at Ikeja division of ...

“The Buhari Media Support Group (BMSG) on Thursday in Abuja, said the stolen funds traced to former Petroleum Minister, Mrs Diezani Alison-Madueke, could fund infrastructure development in the country.”- The Guardian Specifically, the group said in a statement by its Chairman, Mr Austin Braimoh and Secretary, Mr Cassidy Madueke, that government could build six world-class airports in each geopolitical zone ...

“Leaders of Ozubulu Community in Ekwusigo council of Anambra yesterday differed over the cause of Ozubulu Church attack where scores were killed on Sunday morning. While a section of the community attributed the killings to communal crises in the town, others said two rival groups who were strategising to produce the leadership of Ozubulu Development Union (ODU), carried the leadership ...

“Global law firm Hogan Lovells has launched its first Special Report on Investment in Africa 2017, an extensive and innovative guide to the legal framework for investment in 23 of the 54 African nations. Available in print and online, the report is an up-to-the-minute, comprehensive yet easy-to-read digest covering the legal implications for companies investing in and around Africa.”- Business ...

“The continued shortage of affordable housing in the country remains a sore point for experts and other stakeholders in the built environment.”- The Nation The experts, like the Managing Director, M.I. Okoro and Associates, Mr. Meckson Okoro, have not ceased to wonder why, in a nation of over 180 million people, not up to 20 per cent of them can ...

“A new report by the Socio-Economic Rights and Accountability Project (SERAP) has revealed how over N11tr for electricity was allegedly squandered under the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar‘Adua and Goodluck Jonathan. According to the report, “The total estimated financial loss to Nigeria from corruption in the electricity sector starting from the return to democracy in 1999 to ...

“World Bank-assisted farm owners at Okpuno and Umubor in Umuzu community of Ogbaru Local Government Area of Anambra State, have cried out over the destruction of their properties and farmlands worth about N10 million, due to Anambra flood. They blamed it on incessant rainfall, poor drainage system and rising water levels in the area. The Chairman of the Children of ...

“At a time when half of the world’s six billion people are living in cities and facing unprecedented growth of urban population, mainly in the developing countries like Nigeria, land economists last week proposed that the federal government create enabling environment for private sector delivery of housing as against direct construction by ministries, departments and agencies.”- The Guardian Top executives of ...