Real Estate News

A new era may soon dawn in the real estate sector, if the Nigerian Institute of Bankers (NIB), and the Nigerian Institution of Estate Surveyors and Valuers (NIESV) accept proposal to establish a joint standard committee on good mortgage valuation practice in the country. The initiative is expected to promote understanding between both professions in financial reporting and particularly secured ...

“Revamping of the nation’s decaying infrastructure in every area including Power, Works and Housing was part of the campaign promises of the current administration. MUYIWA OYINLOLA in this report examines how the Federal Government has fared in these key areas two years after”- Leadership The last Presidential election was one of the most keenly contested in recent times. The then ...

“The Environmental Rights Action, Amnesty International, and Friends of the Earth Europe have called for the immediate clean-up of Ogoni in Rivers State.One year on from when the implementation of a United Nations Environment Programme (UNEP) report on Ogoniland was officially supposed to begin, the communities of the Niger Delta are still waiting for clean-up to start.”- The Guardian Since the ...

“Although Nigeria has recorded some milestones in her democratic experience since 1999, providing affordable housing for the teeming population has continued to be a major challenge. In this interview with BERTRAM NWANNEKANMA, the former Federal Commissioner for Works and Housing, Femi Okunnu, gives an insight into on how the country can mitigate her housing challenge. He also dismisses the choice ...

“The Executive Secretary, federal Government Staff Housing Loans Board, Dr Hannatu Adamu Fika has expressed hope that the housing challenges faced by federal Public Servants will soon be over.”- All Africa Mrs Fika stated this when the National Executive Council of Mortgage Banking Association of Nigeria (MBAN) paid her a business visit in her office yesterday in Abuja. According to her, ...

“The Kwara House of  Assembly on  Thursday urged the state government to pay compensation to Alagbado community in Eiyenkorin, a suburb of llorin, for the 20 hectares of land it sold to the Nigerian Airforce in  1985. The House made the plea after considering the report of a  petition submitted to its Committee on Public Petition. In the petition, the ...

“Babatunde Raji Fashola, the minister of housing, power and works has disclosed that the federal government is doing all in its power to provide affordable housing to Nigerians. Speaking on Sunrise Daily, a program on Channels TV, he said the ministry is currently constructing about 2,000 pilot scheme Housing Units in 33 States. According to him, beneficiaries of the houses ...

According to The News, The Deputy Inspector General of Police [DIG] in charge of Training and Development, Mr Emmanuel Inyang, on Wednesday said arrangements have been made to enable police personnel own residential houses before retirement. Inyang was quoted in a statement to have said that the scheme, which had since taken off, was a collaboration between the Nigeria Police ...

“The Federal Capital Territory Administration (FCTA) has said the Made-in-Nigeria policy of the federal government cannot work in the housing sector, because of the unrefined state of locally-sourced building materials in the country.”- Daily Post The District Officer, Department of Development Control in the FCTA, Dr. Sherif Razak, stated this on Wednesday during an exclusive chat with DAILY POST on ...

According to Vanguard, the Federal Government has said its plan to provide cheap housing for Nigerians is not a gimmick as the programme takes off in Ogun and Nasarawa states. Presidency spokesman, Laolu Akande said the affordable housing programme targeting low income earners is part of the N1trillion Family Home Fund, initiated by the Buhari administration. The Nigerian government is ...