Real Estate News

“There was jubilation in Abakaliki, the Ebonyi State capital on Thursday as Workers in the state were handed over keys of 72 housing units constructed by the Federal Mortgage Bank of Nigeria (FMGN).”- Leadership reports. According to Leadership, the Acting Managing Director of the Bank, Mr Richard Esin said the project known as the FMBN/Ebonyi State Housing Development Corporation’s housing estate, ...

Vanguard reports that the Federal Government on Tuesday inaugurated 91 units of three bedroom bungalow in Vyvian Estate, Ibagwa Nike, in Enugu East Local Government Area of the state. The Minister of State for Works, Power and Housing, Alhaji Mustapha Shehuri, said that the feat was part of efforts to reduce housing deficit in the country. Shehuri said that plans ...

The nation reports that environmentalists and stakeholders in the electricity industry have urged relevant authorities to dispose of the old transformers with Polychlorinated Biphenlys (PCBs), saying they posed a serious threat to human health. They made the call in Abuja at the National Consultative Forum for preparation of the project document on “Environmental Sound Management and Disposal (ESMD) of PCBs’’. ...

According to Nigeria Today, stakeholders in the Nigerian oil and gas industry have identified the dearth of infrastructure as the biggest challenge facing the sector. Consequently, the call has been the need to urgently focus on addressing this key sector, with the private sector favoured to be the driver. In this report, FESTUS OKOROMADU writes on the need to help ...

Leadership reports that the Federal Mortgage Bank of Nigeria (FMBN) has disbursed about N32million to 383 eligible personnel of the Nigerian Army, contributing to the National Housing Fund (NHF) in the last three years adding that Contributors’ Statement of Account were up to date. The Apapa District Coordinator of the bank, Mrs. Uche Okoli stated this in Lagos when the ...

The Tide reports that a member of the Nigerian Institute of Architects, Funke Abayomi, while applauding N141 billion allocation of housing in the 2017 Budget, has called for the proper utilisation of the funds to achieve set goals. Abayomi made the call in an interviews with The Tide at Onne, Friday. According to The Tide, she hailed the allocation of ...

According to Nigerian Tribune, Stakeholders in the environment sector are calling on Lagos State government to put in place measures to protect coastal lines from deterioration in the face of dredging and sundry mining activities that permeated across the nooks and crannies of the state. In many areas, particularly, Epe, Ibeju-Lekki, Eti-Osa, Badagry, among others, dredging of sand and laterite ...

Mr Hamiliton Odom, vice chairman, Nigerian Institute of Estate Surveyors and Valuers, Rivers State chapter,  has said that a robust population was pivotal in delivering  the Nigerian economy from recession. According to The Tide, Odom, also the principal partner in Hamilton Odom & Co Estate Surveyors and Valuers, noted “we are lucky that we have a robust and vibrant population ...

Former managing director of Bank of Industry, Mallam Ibrahim Aliyu in an interview with CHIKA OKEKE regretted that 60 per cent of Nigeria’s housing stock was imported and that over 70 per cent of workers rent houses. According to Leadership, PMI’s do their jobs the best way they can in very difficult circumstances. You can only disburse such money as you ...

“The Nigerian Senate has instructed its Committees on Environment, Petroleum and Downstream to make a visit to Port Harcourt, capital of Rivers State. This is in a bid to assess the level of air pollution. According to Premium Times, residents of the city and its environs have been living under the threat of air pollution since black carbon took over ...