Real Estate News

“The sum of N100 billion is needed to construct the Apapa Road in Lagos state, Minister of Power, Works and Housing, Babatunde Fashola says. Fashola disclosed this via a statement released by his media aide, Hakeem Bello on Sunday, May 21. “I just want to appeal to residents of Apapa and to people whose livelihood depends on Apapa, that Apapa ...

According to The Nation, the Federal Mortgage Bank of Nigeria, FMBN says it has disbursed N2.3 billion to 3,104 beneficiaries under its housing renovation loans scheme nation wide. Its Managing Director, Ahmed Musa Dangiwa who spoke yesterday in Sokoto while flagging off the state’s disbursement exercise of N243.1 million to 263 benefiting  civil servants in the state service, assured that ...

“The Ooni of Ife, Oba Adeyeye Ogunwusi, has donated N2 million and acres of land for construction of elderly people’s home in Ile-Ife, Osun. Ooni gave the donation at the Ife Ooye Elegant Women Association Worldwide, Historic Fund Raising/Launching for the Construction of Elderly People’s Home in Ile-Ife, on Saturday. The Oba, who was represented at the occasion by his ...

“Peter Oguebie, managing director, Petrus Ogu Nigeria Limited, who is also a witness in the trial of a former Chief of Naval Staff, Vice Admiral Usman Jibrin, on Monday, May 22, 2017 told Justice A. S. Umar of the Federal Capital Territory High Court sitting in Maitama, Abuja that his company sold a property worth N600million to the former naval chief through ...

The Guardian reports that the National Broadcasting Commission (NBC) has described the demolition of the structures housing the Breeze 99.9 FM, Lafia as “shocking and unbelievable”. The structures were demolished on Saturday, May 20, 2017, by the Nasarawa State Urban Development Board (NUDB), over alleged violation of approved land laws. Mrs. Franca Ayetan, NBC Zonal Director for North-Central, who led ...

“Nigeria has sought the support of the Islamic Development Bank to fund the construction of the Second Niger Bridge on Private Public Partnership (PPP) and other projects.”- The Guardian Nigeria also urged the speedy completion of on-going projects being sponsored by the bank in the country. This was stated at the weekend at the just-concluded 42nd annual meeting of the ...

“Worried by incessant cases of building collapse, the Lagos State House of Assembly, LSHA has asked relevant state-owned agencies in the sector to brace up and stop the trend.”- PM News The Chairman of the House Committee on Physical Planning and Urban Development, Mr Setonji David, said on Saturday that the state would no longer tolerate violations of its rules ...

Premium Times reports that rescuers pulled out the body of another victim from the rubble of 2/4, Richard Abimbola Street, Ilasamaja, Isolo, Lagos building collapse. The General Manager, Lagos State Emergency Management Agency, LASEMA, Adesina Tiamiyu, told NAN on Sunday that the body was discovered on Saturday night. “The body was pulled out during the post disaster clearing of the ...

According to Leadership, construction works have once again recommenced at the Port Harcourt International Airport (PHIA) following the return to site by the contractors handling the project. Contracts for the remodeling of the airport was awarded by the former Aviation Minister, Princess Stella Oduah as part of efforts to uplift the airport but was abandoned when she was removed from ...

According to Vanguard, efforts by the Oil and Gas Free Zones Authority, OGFZA, to fulfill its core mandate and play a key role in the Federal Government’s drive for foreign direct investments, FDI, received a major boost, weekend, when the Bayelsa State Government announced that it has handed over to OGFZA state lands measuring 35,000 hectares for the development of ...