Real Estate News

The Lagos State government has made it known that access from the service lane into Ikorodu Road at the Ojota Loop inward Ikorodu has been closed. The Nation reports that access from the highway into the service lane is equally closed. According to The Nation, a statement by Director, Public Affairs, Ministry of Transportation, Biola Fagunwa, said the initiative was ...

The Rotary Club of Warri has launched the construction of a Physiotherapy Departmental project at the Central Hospital, Warri, in Delta State. Vanguard reports that the President of Rotary Club of Warri, Daniel Agbofode, in his remark shortly before the flag-off of the multi-million naira project, explained that the decision to embark on the project became necessary following the upsurge in ...

Management of Akwa Savings and Loans Limited has promised to partner with the Federal Mortgage Bank of Nigeria (FMBN) to provide affordable houses for Akwa Ibom civil servants. The Guardian reports that the Managing Director and Chief Executive Officer of the bank, Mr. Ebong Bassey disclosed this when the management team of the bank, paid the wife of Akwa Ibom State Governor, ...

The Minister of Power, Works and Housing Babatunde Fashola has inspected the first phase of the rehabilitation of the Lagos/Ibadan Expressway. The Nation reports that he said completion of the first phase had positively impacted on traffic, adding that this will facilitate movement of persons and goods this yuletide. Fashola praised Julius Berger for delivering the project before the December 31 ...

The Lagos State government has revealed plans to build five art theatres to engage youths and promote tourism. The Nation reports that Governor Akinwunmi Ambode announced this at a stage play, titled: “Heartbeat The Musical…A New Beginning,” at the MUSON Centre, Onikan, Lagos. The play was directed by Olu Jacobs and Joke Silva. According to The Nation, the governor said ...

The Nation reports that the National Leadership of Christian Association of Nigeria (CAN) yesterday commiserated with Akwa Ibom State and people on last Saturday’s death of worshippers at Reigners Bible Church in Uyo, the state capital. It advised churches to avoid holding services in buildings under construction to avoid a recurrence, The Nation reports. In a statement by its General Secretary, ...

Oyo State Governor, Abiola Ajimobi has launched the dualisation of the 9.7km Saki Township Road along Oke Ogun Poly-Ilesha Ibaruba Road. The Nation reports that he said the state has not collected its share of the Paris Club funds given to some states by the Federal Government. The governor said the state was excluded in the initial disbursement, adding that ...

Some of the survivors of the collapse on Saturday, at Reigners Bible Church International’s building in Uyo, Akwa Ibom State capital, which killed many and left several others wounded, have recounted their ordeal, saying they escaped by the grace of God. The Nation reports that Governor Udom Emmanuel was the special guest of honour at the special service to inaugurate a bishop. ...

The Guardian reports that Lagos-based cost accountants have raised eyebrows on the method being employed in preparation of the nation’s budget, saying the system has cost Nigeria billions of naira yearly. They noted that the exclusion of surveyors, who are meticulous, analytical and empirical in budget process especially in infrastructural projects is a disservice to the nation and intentional in ...

The Nigerian Institute of Architects have proposed new innovative concepts for social housing to government, which will collectively address affordable and sustainable housing for Nigerians. The Guardian reports that the models proposed by the Nigerian Institute of Architects (NIA) for social housing include, development of a contributory scheme that will provide an endless flow of revolving housing finance for low-income earners ...