Real Estate News

The Ogun State Executive Council has approved for immediate reconstruction, the 2.35km Journalist Estate Road at Arepo in the Obafemi Owode Local Government Area of the State. According to the Hon. Commissioner for Works and Infrastructure in the State, Engr. Ade Akinsanya, “preliminary work has already commenced and the contractor is expected to mobilise to the site this weekend. This ...

Lagos State says it has constructed about 300 classrooms among some other projects in its school rehabilitation programme. The Chairman, Special Committee on Rehabilitation of Public Schools, Mr Hakeem Smith, said this during a press briefing on efforts to curb infrastructure decay and revamp public schools in Lagos. He said phase one of the projects which had taken off comprises ...

The Lagos State Government has sealed off 10 different buildings in Ogudu GRA for violating the state’s physical planning laws. Whilst leading a team of government officials for the special enforcement operation, the Lagos State Commissioner for Physical Planning and Urban Development, Dr Idris Salako, said owners of the property involved had chosen to remain obstinate in their wrong ways ...

The Federal Capital Territory Administration (FCTA) on Monday, demolished a filling station under construction inside the National Assembly Complex for allegedly violating the initial land agreement. According to FCTA, the developer was initially allocated the land for construction of the filling station for commercial purposes, but he decided to unilaterally commence building of a residential property adjacent the land earmarked ...

One of the houses of Sunday Adeyemo, also known as Sunday Igboho, has been gutted by fire. Newsmen gathered from sources that his house located at Soka in Ibadan started burning around 3:00 a.m. on Tuesday. The cause of the fire is still unknown at the time of this publication. Mr. Adeyemo no longer lives in the house affected by ...

The Federal Housing Authority (FHA) has handed over the site for the construction of 900 low-cost housing units in Ibadan, the Oyo State capital, to approved builders.  The authority handed over the site to the builders last week after scrutinising all necessary documents at a meeting on the site. The estate, Ajoda New Town, will sit on a 60-hectare land, ...

The two Ex-Big Brother Naija housemates (Ozo and Nengi) who achieved recognition through their relationship in the house have bagged a real Estate endorsement. The two stars were super excited and announced the good news via their social media handles. Their fans and well-wishers showed gratitude and support by trending their success story on Twitter.  Nengi and Ozo are now ...

 Ekiti State Governor, Dr. Kayode Fayemi, on Wednesday launched an integrated snail farm billed to generate N6bn profit yearly from export and provide 2,000 jobs when fully operational. The snail farm at Okemesi Ekiti in the Ekiti West Local Government Area of Ekiti State, christened, Egbeja Snail Village, is a private initiative of Dem Eli Farms and Merchandise; and Farmkonnect ...

Four friends on Tuesday appeared in a Magistrates’ Court in Ikorodu, Lagos, for allegedly destroying property worth N3.5million. The police charged Oyenuga Wasiu, 52; Yekinni Fatai, 32; Oteniya Kazeem, 50; and Salau Olayinka, 39; whose addresses were not provided, with conspiracy, felony and wilful damage. The defendants, however, pleaded not guilty to the four-count charge. The Prosecution Counsel, Insp Adegeshin ...

 The State Commissioner for Housing, Jagunmolu Akande Omoniyi, made this known on Monday, while chatting with journalists in his office, Oke-Mosan, Abeokuta, the state capital.  Omoniyi said the abandoned estates located at Ayetoro, Ikenne, Ago- Iwoye, Ijebu-Igbo and Ota, had been built over the years, noting the housing estates would be given a face-lift to allow residents have access to ...