Real Estate News

“As the economic climate bites harder, making investment decisions in real estate has become tougher. While  some have lost hope in the sector, preferring to trade in foreign exchange in view of the recent dollar surge against the naira, key industry analysts and stakeholders are still convinced that the real sector investment still holds the ace. Their position was based ...

According to PM News, the Kano State Chapter of the Nigerian Labour Congress (NLC) has concluded plans to construct 500 housing units for the civil servants in the state. The state NLC chairman, Mr Kabiru Minjibir made the disclosure when he inspected the ongoing housing project being undertaken by the union in Kano on Wednesday. He said when completed, the ...

“A Federal High Court in Lagos, presided over by Justice Mohammed Idris wednesday convicted and sentenced an official of the Independent National Electoral Commission (INEC), Yisa Olarenwaju Adedoyin, was convicted on the basis of a plea bargain he entered with the Economic and Financial Crimes Commission (EFCC).”- This Day The plea bargain agreement was dated May 2, 2017. The judge ...

“The Iyase of Idumuje Kingdom in Aniocha North Local Council of Delta State, Chief Chris Ogwu has debunked allegations of land-grabbing by ‘disgruntled’ persons, who want to frustrate the social and economic progress of the community.”- The Guardian He said sons and daughters of Idumuje Kingdom, who require land for infrastructural developments and projects were guaranteed allocation of lands after ...

“Edo State Governor, Mr. Godwin Obaseki, has restated his commitment to completing 3000km of roads within his first four years in office, adding that more youths would be trained in road design and construction using concrete technology.”- The Nigerian Observer He stated this as he commissioned the newly reconstructed 500m Nevis Street, which links four major roads in Benin City. ...

“The Head of Service of the Federation, Mrs Winifred Oyo-Ita, has said that President Muhammadu Buhari, attaches great importance to meeting the housing need of Nigerians and in particular bridging the about 17 million deficit in the housing sector.”-Nigerian Tribune Speaking at a stakeholders meeting in Abuja, Oyo-Ita, said government was particularly concerned about the plight of most civil servants ...

The Guardian reports that professionals in the building sector have solicited cooperation among the key players to achieve quality housing in the country. They made the call at the opening of the 2017 edition of Lagos International Housing Fair, which had participants from within and outside the country. The Chairman, Lagos International Housing Fair Committee, Moses Ogunleye, said professionals, researchers and government ...

“The Vice–Chancellor of the University of Ilorin, Abdulganiyu Ambali, on Tuesday gave herdsmen encroaching on the institution’s land a seven-day ultimatum to quit.”- Premium Times The vice-chancellor gave the ultimatum at a meeting he held with the representatives of the herdsmen and other interest groups on the campus. He said their presence was a violation of the laws governing the ...

“The arraignment of 12  persons alleged to have forged the title documents of a vast expense of land belonging to the Registered Trustees of the Estate of late Madam Efunroye Tinubu  was Tuesday stalled at a Lagos High Court sitting in Ikeja as the police failed to produce the defendants in courtroom. The defendants include Buhari Oloto, Tomori Williams, Adeyemi ...

According to Vanguard, an alleged controversial sale of 600 hectares of land at Akama-Oghe in Ezeagu Local Government Area of Enugu State to a Chinese firm is brewing controversy in the community. One of the community leaders, Chief Christian Akpata, alleged that his life was under threat by some leaders and members of the community for taking a position against ...