Real Estate News

According to PM News, a Lagos High Court in Igbosere on Thursday dismissed a motion by the Executive Director of Lekki Gardens Estate Limited, Mr Sola Olumofe seeking to quash the criminal charges filed against him and others by the Lagos State Government over alleged negligence in the events leading to the collapse of a building in Lekki area of ...

“The African Farmers and Cultural Organisation, a Non Governmental Organisation has said it will help the government to address the 17 million housing deficit in the country. The Organization has mapped out plans to provide 5.5 million housing units for Nigerians. The President and Founder of AFCO, Prince Chukwunwike Esiole, at the formal unveiling of the firm in Lagos said in ...

The Federal Capital Territory Administration (FCTA) has ordered the six area councils to immediately close all land offices, while affected staff members redeployed to their various departments for further posting. A circular, dated June 9th, 2017 signed by the FCT permanent secretary, Dr Babatope Ajakaiye, which was made available to LEADERSHIP in Abuja yesterday, explained that the closure of the ...

Gistmania reports that residents of the popular Games Village Estate in Abuja have cried out over the blocking of their estate by Lebanese community in Abuja over development of a disputed land within the estate. Secretary of the Games Village Residents Association, Jude Uze, confirmed the development to newsmen on Thursday. His words: “Lebanese community said they have approval from ...

The Nation reports that the Lagos State Government yesterday warned illegal developers and land speculators in the Lekki-Epe corridor to stop forthwith their unlawful activities or face the law. Commissioner for Commerce, Industry and Co-operative, Prince Rotimi Ogunleye gave the warning when he toured the area where the 16,347 hectares Lekki Free Zone (LFZ) project is sited. The government, he ...

Two years after taking office, Sahara Reporters can exclusively reveal, Zamfara State governor, Mr. Abudal’aziz Abubakar Yari, bought a property in the United States for a princely sum of $950,000. The 2.1-acre property is located at 14800 Bowie Farm Court, Bowie Maryland (Zip code: MD 20721) has six full and two half bathrooms with a jacuzzi in the master bedroom. ...

“A new research released by Quantum Global Research Lab has shown that Nigeria requires extra effort to regain position as a leading investment destination in Africa. The research, which measured the Africa Investment Index (AII), to guide investors on the countries that are most attractive for investment in the short and medium term, rated Botswana, Morocco, Egypt, and South Africa ...

“The Federal Airports Authority of Nigeria (FAAN) on Wednesday said the leaking roof in a part of the Murtala Mohammed International Airport, Lagos, was due to ongoing construction works at the airport.” – PM News FAAN, in a statement signed by its Acting General Manager, Corporate Affairs, Mrs Henrietta Yakubu in Lagos, said the upgrade was in compliance with the ...

According to The Guardian, the Lagos State Commissioner for Commerce, Industry and Cooperatives, Prince Rotimi Ogunleye, has urged investors in Nigeria, and all over the world to invest in the Lekki Free Zone, adding that government has also provided incentives that will encourage the ease of doing business. Addressing attendants of an investment meeting with city and bilateral Chambers of ...

“Yobe government has provided 2,500 hectares of land to the Federal Government for the establishment of grazing reserves and development of fodder banks for animal feeds production. Dr Mustapha Gaidam, Manager, Yobe Livestock Development Programme (YSLDP), told News Agency of Nigeria (NAN) in Damaturu on Monday that the land was provided in Nasari and Gumsa villages of Jakusko and Gaidam ...