Real Estate News

Reports show that the Nigeria Liquefied Natural Gas (NLNG) has discharged 13,000 tonnes of Liquefied Petroleum Gas (LPG), also known as cooking gas, to Lagos jetty in an effort to end the scarcity of the product rocking the country. According to New Telegraph, the product’s supply shortage had earlier surged the prices of the cooking gas by over 50 per ...

The Federal Government has inaugurated a 21-man steering committee for restructuring and recapitalisation of the Bank of Agriculture, BoA, in line with the diversification policy of the Muhammadu Buhari-led administration. Vanguard reports that the steering committee which was inaugurated by the Vice President, Prof. Yemi Osinbajo, and Chairman of National Council on Privatisation, NCP, include Minister of Agriculture and Rural ...

Chief Emmanuel Iwuanyanwu, a businessman and member of the Board of Trustees (BOT) of the Peoples Democratic Party (PDP), has urged the Federal Government to rescind its decision to shut down the Nnamdi Azikiwe International Airport, Abuja, pointing out the inevitable economic, political and social implications inherent in the action. New Telegraph reports that he recommended that government should go ...

The President of Dangote Group, Aliko Dangote, is going into partnership with a leading Chinese company, National Heavy Duty Truck Group Company Limited, SINOTRUCK to assemble trucks mainly used for haulage business. A statement made available to New Telegraph yesterday said the decision to go into the project was informed by the need to conserve foreign exchange in view of ...

Towards ensuring sustainable development, the United Nations Development Programme (UNDP) has pledged to support environmental initiatives in constituent projects that would enhance people’s livelihoods. The Guardian reports that the National Coordinator of Global Environment Facility/Small Grant Programme, GEF/SGP, Mrs. Ibironke Olubamise, while speaking to journalists in Abuja, , urged the lawmakers to take cognizance of the programme by reaching out ...

The Lagos State Government has vowed to make EIA report a must for projects in the state. The Guardian reports that the Commissioner for the Environment, Dr. Babatunde Adejare disclosed this at a Stakeholders’ Engagement on Environmental Impact Assessment for Dredging and Land Reclamation Projects in Lagos State held in Ikorodu and Eti-Osa East local councils. Adejare, who was represented ...

The Guardian reports that a new building technology making its way into Nigeria’s construction industry is offering yet another bait to mass housing developers, with a concept that claims the ability to enhance efficiency by 70 times compared to traditional construction methods. The Guardian reports that at a precast factory, which will cover over the 100,000 square metres‎ of land, ...

As a result of incessant coastal erosion impacts in some communities in Bayelsa State, the government, has made a passionate appeal to the Federal Ministry of Environment, agencies and other well-meaning organisations to join efforts at combating the menace. The Guardian reports that the State Deputy Governor, Gboribiogha John Jonah made the appeal after inspecting a landslide site at Okoloba ...

The Nigerian Customs Service, NCS, has revealed that over 10,000 Nigeria bound vehicles are currently trapped in ports of neighbouring countries following the ban of such cargoes through land borders. Vanguard reports that a statement by the Acting Public Relations Officer of the Service, Mr. Joseph Atta, said the agency observed that the volume of vehicles that were trapped in ...

The Vice-Chancellor of the University of Calabar, Prof. Zanna Akpagu, has made it known that the University is planning to establish a 10-hectre oil palm plantation to increase its internally generated revenue (IGR). New Telegraph reports that he said following the drop in allocation to tertiary institutions in the country, it was necessary that universities look inward to ensure that academic ...