Real Estate News

Federal Government plans to spend N270 billion for maintenance, repair and restoration of over 50 bridges across the country in the next three years. The Guardian reports that the Minister of Power, Works and Housing, Babatunde Raji Fashola, SAN, disclosed this yesterday while inspecting the rehabilitation works on the Lagos ring road bridge abutment and approach ramp to the Third ...

The Governor of Cross River State, Ben Ayade, has promised to continue with construction of the Bakassi deep seaport and the 260-kilometre Calabar-Bekwarra-Katsina-Ala super highway in 2017. The Guardian reports that Ayade, who made this promise in his New Year message, added that his government would create more job opportunities. In a statement by his Senior Special Assistant on Media ...

Sokoto State Government has spoken of plans to establish 488 integrated Islamiya/ Nursery Schools across the state. News Agency of Nigeria (NAN) reports that Governor Aminu Tambuwal, who disclosed this yesterday at Tambuwal, the Headquarters of Tambuwal Local Government Area of the state, spoke at the closing ceremony of the 2016/2017 edition of the State Quranic Recitation Competition to select ...

The Group Managing Director, Alpha Mead Facilities, Femi Akintunde, has made it known that Nigeria’s quest to achieve the Sustainable Development Goals (SDGs) by 2030 could be a mirage, if the country remains reluctant to implement strategies, practices and processes that will enable it effectively manage its rising waste level. The Guardian reports that Akintunde, an engineer, who expressed concerns ...

Reports show that the Nigerian chapter of the International Real Estate Federation (FIABCI) plans to honour and promote individuals and institutions recognized as drivers of growth in the real estate sector. The Guardian reports that the award by the federation is an integral part of its Annual Award and Business Dinner 2017 and will help motivate the domestic real estate ...

As a result of the constant collapse of structures in the country, engineers have called for the review of the national building code before its passage into law. The Guardian reports that the engineers under the aegis of Nigerian Institution of Structural Engineers (NIStructE) said some aspects of the current building code are not applicable to engineering structures. According to ...

The National Association of Nigerian Students’ (NANS) zone D (South-West), has awarded the MD/CEO Realty Point LTD, Debo Adejana for the NANS Hall of Fame 2016 as Icon of Emulation. According to Comrade Oludaisi Afolabi, the Chairman NANS Hall of Fame 2016, Mr. Debo Adejana was awarded for his exemplary service and conduct in business, and in the real estate ...

The Guardian reports that Borno State has allocated N13, 020, 133.985.00 to the newly established Ministry of Reconstruction, Rehabilitation and Resettlement (MRRR) for massive reconstruction and rehabilitation of destroyed towns and villages, including critical infrastructures in liberated communities. According to The Guardian, Governor Kashim Shettima disclosed this yesterday in Maiduguri, after presenting next year’s N183.84 billion budget to the House ...

The Federal Government through the Central Bank of Nigeria, (CBN) has signed a Memorandum of Understanding, MoU with two local meter-manufacturing companies for credit in order to begin mass production of electricity meter. The Guardian also reports that the Federal Government is working to ensure that fertilizer is sold for N5,000 in 2017 Speaking at a special town hall meeting ...

Governor Ifeanyi Okowa has cautioned the warring communities of Aladja and Ogbe-Ijoh in Udu and Warri South West local councils of Delta State, threatening to hold the leaders of both communities responsible in the event of fresh outbreak of hostilities, The Guardian reports. According to The Guardian, Okowa warned the leaders yesterday in Asaba that government would wield the big stick ...