Real Estate News

The Niger Delta oil region has been asked by the presidency to instruct contractors to resume delayed development projects in 30 days  or face prosecution. Enca Africa reports that the government has been trying to build new roads and launch other projects to drag the region out of poverty and create jobs, aiming to give local people alternatives to joining ...

“Governor Rochas Okorocha of Imo state, yesterday, said his administration has given approval  for   “farm markets” to be established in the three senatorial zones of the state. Okorocha stated this through a release made available to newsmen in Owerri, by his Chief Press Secretary, Mr. Sam Onwuemeodo. Okorocha made this statement while interacting with a group of traditional rulers from ...

According to The Nation, the Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned a Real Estate manager, Mr. Oluwafunmilayo Samuel Ademosu, over alleged N62 million foreign exchange fraud and issuance of dud cheque. Ademosu was arraigned alongside his company, H. T. Real Estate Limited, before Justice Josephine Oyefeso of a Lagos State High Court sitting in Ikeja. They are ...

The Nation reports that the Nigerian Immigration Service, (NIS) in collaboration with the Federal Mortgage Bank, has secured a housing loan facility for 60 officers and men of the service. The facility is worth N60 million. Comptroller General, (CG) of NIS, Muhammad Babandede, disclosed this at the official presentation of a dummy cheque to beneficiaries. Babandede said the development is ...

According to Vanguard, a massive multi-million housing project is under construction at Anyama-Ijaw in Southern Ijaw Local Government Area, Bayelsa State, an area that some years back, could only be accessed by river and a foot path in the thickset mangrove forest. Things are taking shape in the hitherto rustic community, which now boasts of a smooth tarred road linking ...

“As part of activities to uveil plans for her ‘TAGEXPO summer experience’ billed to hold in Houston, Texas, United States and London, United Kingdom this summer, The T.A.G EXPO will be hosting real estate stakeholders to a breakfast session on March 29, 2017. According to the Chairman T.A.G Nigeria Limited, Mr. Francis Efoechoku, the session will provide insight into the ...

“The Federal Government says it is working out a plan to pay off costs incurred by the Borno state government in fixing federal projects. The Minister for Power, Works and Housing, Babatunde Fashola stated this in a meeting with Governor Kashim Shettima of Borno state. Fashola has been touring the northeast, inspecting federal roads and projects across the zone. The ...

According to Daily Post, a former Managing Director of the Nigeria Coal Corporation, NCC, Sir Evarist Ibe has nursed fears over plans to eject him from his residence. He has therefore, dragged four agencies of the Federal government with its consultant, C.A Chizea & Co to the National Industrial Court Enugu division, for government’s inability to include him in the ...

According to The Nation, the Supreme Court will on March 28 hear an appeal over a dispute on an Abuja property. Former Nigeria’s Ambassador to South Africa, Alhaji Shehu Malami and businessman Sir Emeka Offor, are in dispute over an Asokoro property. A Nigerian-American Businessman, Mr Imokhuede Ohikhuare, is also claiming the property. The property, a two-wing duplex on Plot ...

“Women in rural areas are more affected by the incidence of land-grabbing, a study has revealed.”- Leadership This was unveiled during the conference of civil society organizations in collaboration with the department of agriculture and rural development of the Economic Community of West African States (ECOWAS) in Abuja from February 15 through 16, 2017. The research was conducted over a ...