Real Estate News

“The Real Estate Developers Association of Nigeria (REDAN) has identified land issues and lack of finance as major hindrance to achieving housing for all in the country.”- Business Day Ugochukwu Chime, the President of the association, made the observation on Wednesday at the Building Expo and intensive workshop for real estate developers in Abuja. Chime regretted that there was no ...

News according to Business Day has it that Kano State Government said it was on course to deliver 2,000 houses currently under construction for low income earners in the state. Governor Abdullahi Ganduje made the commitment in a message to the opening of the 96th Council Meeting of the Association of Housing Corporations of Nigeria held in Kano on Tuesday. Represented by his ...

“Access Bank Plc has sued the Governor of Lagos State, Mr. Akinwunmi Ambode, for allegedly allocating a piece of land belonging to it to a former Chief of Naval Staff, Vice-Admiral Ishaya Ibrahim (retd.). The contentious land is located at No. 7 Ojora Street, Ikoyi, Lagos. The bank, in a suit marked, LD/3767/LWM/2016, claimed that though the land belonged to ...

“A 46-year-old landlord of a house on Hassan Close, Itoki, Ogun State, Omotayo Sanda, has been beaten to death by his neighbour’s son, Joseph Isiwele.”- Punch reports Twenty-six-year-old Joseph reportedly rained blows on Omotayo and fled the area after the landlord fell and died. PUNCH Metro learnt that Joseph’s elder brother, Michael Isiwele, had packed some sand from a pit ...

The formation of slums in any rapidly urbanizing city is inevitable, just like it’s being witnessed in Lagos state. However the population of slum dwellers can be brought to its barest minimum if the rights steps are taking in the appropriate direction. This article talks about the link between Urbanization and slum formation. There has been evidence of large slum ...

Nigerian tribune reports that at the commemoration of the 2017 International Women Day (IWD) across the globe last week, an international non-governmental organisation (NGO), Oxfam Nigeria, while appraising the poverty index of women in Nigeria, re-emphasised its earlier position that women’s deprivation of access to land has a significant contribution to their poverty level. Citing the United Nations (UN) Report ...

According to The Nation, a 49-year-old man, Abiodun Adeyinka, who allegedly damaged  property worth N5 million belonging to the Celestial Church of Christ (CCC), on Monday appeared before an Ebute-Meta Chief Magistrates’ Court, Lagos. Adeyinka is facing a six-count charge bordering on malicious damage, conspiracy, unlawful assault and manner likely to cause breach of peace. The accused, however, pleaded innocence ...

“The Senior Staff Association of Statutory Corporations and Government Owned Companies (SSASCGOC) may soon begin an industrial action over inadequate funding of the Federal Housing Authority (FHA)” – The Guardian  The President General of the association, Mohammed Yunusa, who disclosed this in Abuja at the weekend, identified non-budgetary provision for FHA and non-involvement in the National Housing Policy by the ...

According to The News, the Ataoja of Osogbo, Oba Jimoh Olanipekun Larooye 11 and all Osogbo Chiefs have commended the various developmental strides of the Governor of Osun, Ogbeni Rauf Aregbesola at the state capital and indeed the whole of the state. The Ataoja of Osogbo land, leading other chiefs of the ancient town on a courtesy visit to the ...

The nation reports that a lawyer, Gbenga Ajala, has asked the Inspector-General of Police (IGP) Ibrahim Idris and Lagos State Chief Judge (CJ) Justice Oluwafunmilayo Atilade to investigate the alleged  land encroachment  belonging to his client, the Oloto family of Oto, on Lagos Mainland. Ajala, in a February 7 petition, said the lives of members of the family were being threatened by ...