Real Estate News

According to Naij, Governor Akinwunmi Ambode of Lagos has urged his predecessor and current works, power and housing minister, Babatunde Fashola, to ensure that the federal government returned all disputed properties in the state. The properties and buildings include the whole of Ikoyi, Banana Island, Osborne Foreshore, Festac Town, Satellite Town, Trade Fair, among others. Ambode spoke when he received ...

The Nation reports that Lagos High Court yesterday declared unconstitutional restrained the state government’s eviction of settlers of some waterfront communities around Lekki. It restrained the government from carrying out such acts in future. Justice Surajudeen Onigbangbo made the orders in his judgment in a suit brought last year by 33 applicants on behalf of themselves and other residents of ...

” “The problem of rapid urbanisation is a wicked problem that requires developers and their professional teams to think more systemically. We still find too many examples of Western products, systems and technology been implemented in Africa that is not appropriate for our conditions. We need to ensure that whatever we implement has an African lens applied to it. We ...

“Every local government area must have a sporting arena. We do not need to buy a land but can look for a school that has vast land and redesign the pitch, put a racetrack, and, as money comes, upgrade it to meet international standards.” “In a bid to reposition sports in Edo State, Governor Godwin Obaseki yesterday said that each ...

Aliko Dangote has lauded the decision of the federal government to reconstruct the failed Apapa Wharf road. The road attracts a huge loss of close to N140 billion to the government on a weekly basis. According to Leadership, Dangote who spoke to newsmen, yesterday in Lagos said, “The economy loses more than N20 billion daily. It affects businesses across the ...

Sungold, a foremost Estate builder is determined with the good environment created by the current administration of President Muhammadu Buhari to build affordable houses in every part of Nigeria. “It is time builders in the country start to think outside the box to meet the housing needs of Nigerians”, Iwuayanwu, CEO of Sungold told the News Agency of Nigeria (NAN) ...

“The Economic and Financial Crimes Commission (EFCC) disclosed on Tuesday how it found a house in Abuja bought at N240million Abuja house and furnished with N134million for his son, Alex Badeh junior.”- The Nation An operative of the EFCC, Abubakar Madaki, told a Federal High Court in Abuja Tuesday that he was the head of a task force that investigated a ...

Nigerian Tribune reports that the Special Adviser to Governor Akinwunmi Ambode on Urban Development, Mrs. Yetunde Onabule, who spoke at a stakeholders’ engagement on “Ease of Doing Business in Lagos State”, at the Oriental Hotels, Victoria Island, Lagos, last week, stated that it will no longer be ‘business as usual’, as the Bureau is out to facilitate the  international best ...

“The Special Committee set up by Governor Akinwunmi Ambode of Lagos to look into Federal Government Assets in the state submitted its report on Tuesday, coming up with a verdict that Ikoyi, Banana Island, FESTAC and other federal government assets in the state actually belonged to the Lagos State Government.”- PM News The committee, headed by elder Statesman and former ...

“Worried by the dearth of accurate data for necessary action plan in the housing sector, the Real Estate Developers Association of Nigeria (REDAN)  is initiating strategy to provide solution to the challenge of housing deficit.”-Nigerian Tribune The moves by REDAN to provide a solution to the challenge of housing data was made known by its President, Rev. Ugochukwu Chime,   at ...