Real Estate News

In response to the partial collapse of a 3-storey building at Alagomegi-Yaba on Monday, the Lagos State Government (LASG) has ordered owners of buildings in the state to immediately carry out structural stability tests on their properties. This is expedient, given the onset of the rainy seasons, and the presence of statistics to show that many buildings collapse during the ...

No fewer than 300 shops adjacent Ogbeogonogo market in Asaba metropolis were gutted by an early morning fire on Tuesday. The incident left many traders in tears and goods worth millions burnt. Although the fire was brought under control four hours later, many shops had been gutted. The cause of the fire, which gutted Echolac Line-a row of ramshackle shops ...

The Nigerian Defence Academy (NDA), Kaduna, in collaboration with the Depot, Nigerian Army, Zaria, has renovated the maternity ward of the General Hospital, Tudun Wada, in Tudun Wada Local Government Area of Kano State. The army also equipped the hospital with new equipment. In addition, the army drilled two boreholes in Fayinbo and Sangaya Dafaduka communities, Goguwa Local Government. It distributed ...

Bauchi state government has handed over plots of land to contractors for the construction 2, 500 houses in the six emirates of Bauchi, Katagum, Misau, Jama’are, Ningi and Dass that will be given to poor citizens as loan. Chairman of the Bauchi state projects monitoring and evacuation committee Baba Muhammad Dadi who handed over the plots to the contractors recently ...

The reigning winner of Big Brother Naija, Mercy Eke has officially announced the launching of her real estate company, Lambo Homes. Taking to her Instagram handle, she announced to her fans and other social media users. In her post, Mercy Eke revealed that she had always wanted to own a real estate company for the past ten years and feels ...

The Chairman of the committee, Ademorin Kuye, said this on Tuesday at the committee’s inauguration in Abuja. “The figure is a conservative estimation carried out by the Nigerian Society of Engineers (NSE) on the abandoned properties located in Lagos, Ibadan, Enugu, Port Harcourt, Kano, Kaduna and other cities,” he said. He recalled that on March 12, the House of Representatives ...

NHF loan – As the Coronavirus pandemic (Covid-19) ravages the world with its impact on economy and wellbeing of individual households, experts in real estate are seeing declining liquidity and prioritisation of consumption as major factors that may affect activities in the industry. They also proposed a three month processing time for the National Housing Fund (NHF loan) to ease ...

LAGOS – To maintain an effective transportation system across the Lagos Metropolis, the Lagos State government has announced the temporary closure of Creek Road, from Mr. Biggs to Warehouse Road junction, in Apapa from Friday, May 8, 2020, to Friday, May 15, 2020, for the resumption of the on-going construction by HITECH. A statement issued at the weekend by the state ...

Ekiti State Governor, Dr. Kayode Fayemi Saturday disclosed that the decision of the state government to enforce the COVID-19 guidelines and regulations would not affect the execution of projects in any part of the state. Fayemi gave the assurance while inspecting ongoing projects at College of Agriculture and Technology, Isan Ekiti; Ado- Iyin road and waterworks project, among others. He ...

As a judge, many controversial cases were brought before me that made headlines in the newspapers. One of such cases was the criminal case of Ejigbadero. I was assigned the Ejigbadero case by the Honourable Chief Justice of Lagos State in 1975. The case attracted a lot of public interest because it involved a well-known socialite, one Jimoh Ishola who ...