Real Estate News

Real Estate Entrepreneur, ‘Debo Adejana shared his view about the new national housing fund bill passed into law by the National assembly on February 18th, 2019. He commends President Buhari for no assenting to the bill. He said “Going through the Deloitte report that I read about the bill, while I commend the National Assembly for giving consideration to ways ...

The Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN, Monday undertook an inspection tour of three Housing projects in Gwagwalada and Zuba in the Federal Capital Territory, restating the commitment of the Federal Government to Housing as the construction ecosystem for mass employment and economic prosperity in the country. The Minister, who visited the Federal Mortgage Bank of ...

A 9-year-old boy, Abdulrahman Isah of Gwandu road Kaduna on Tuesday appeared before Sharia Court ll at Magajin Gari, Kaduna along with three others over alleged assault. The complainant, Maryam Sani, told the court that Isah alongside Asmau Abdullahi, Aisha Abdullahi and Huraira Abdullahi of Jos road, Kaduna attacked her in her house and destroyed her properties. “I had problem ...

There has been a breakdown of some machines belonging to the contractor handling the Lagos-Ibadan rail project, China Civil Engineering Construction Corporation. Nigeria’s Transportation Minister Rotimi Amaechi said this on Monday during an inspection of the project. According to Amaechi, the contractor said the breakdown was due to the pressures from the government for completion of the project earlier than ...

One person has been confirmed dead with four others sustaining serious injuries in a fresh clash between Soldiers and Abuja natives over land dispute in Tungan-Maje in Gwagwalada Area Council of the Federal Capital Territory. One of the Community Leader, Malam Tanko Sani, confirmed the death of one of the natives, a student, Hamas Usman during the clash on Tuesday ...

Minister of Power, Works and Housing, Babatunde Fashola has supported the National Housing Fund bill passed by the federal parliament against a recent veto by the President Muhammadu Buhari. The bill was rejected on the 19th of March, 2018. In a letter addressed to the Senate President, Buhari highlighted the reasons for declining assent to the bill which include: “The ...

No fewer than 285 persons have been rendered homeless by rainstorm that destroyed at least 48 houses in Mangu Local Government Area of Plateau. It was reported on Wednesday that the incident, which occurred on Tuesday evening, has become a source of concern to both the State and Local Governments. The residents of Toghomwol-Bungha community in Mangu were most hit. ...

A businessman, Tosin Salako, has crushed a property agent, Akinola Ademola, to death in the Kola area of the Ifako-Ojokoro Local Council Development Area of Lagos State, off the Lagos-Abeokuta Expressway. Newsmen gathered that tragedy struck when the 45-year-old Salako, who drives a Camry car with number plate MUS 335 FJ, lost control of the vehicle while struggling for space ...

Justice O Harrison of the Lagos State High Court, Igbosere has fixed May 20, for Case Management Conference (CMC) in the suit filed by Chisco Transport Nigeria Limited (CTNL) against a family over the right to property. The transport firm is currently in a legal battle with a family over right to a property situated at No 6, Ikorodu Road, ...

The Bodo City Diaspora Resettlement Fishermen Association (BCDFA), in Rivers State, has dragged Julius Berger Nigeria Plc to court, demanding the sum of N500 million for damages over the blockade of its fishing channels. Julius Berger is the contractor handling the construction of the N120.5billion Bodo/Bonny road and bridges projects, which traverse the entire Bodo City in Ogoniland up to ...