Real Estate News

The World Bank, as part of its commitment in addressing the menace of erosion in the Southeast, has effectively reclaimed erosion site covering more than 4,000 hectares of land in Obizi autonomous community in Ezinihitte Local Council of Imo State. According to The Guardian, the State Project Coordinator of the Nigeria Erosion and Watershed Management Project (NEWMAP), Victor Anuenyiagu, made ...

Stakeholders in environmental services and community leaders in Kano have blamed National Environmental Standard and Regulation Enforcement Agency (NESREA) for contributing to continuous industrial pollution in the State, citing inexcusable negligence to its entrusted national responsibility.   According to The Guardian, the communities indicted NESREA of compromising its primary assignment, failure to respond decisively to cases of illicit discharge of toxic ...

Reports show that the Real Estate Developers Association of Nigeria (REDAN), in a bid to increase home ownership in the country, has moved to partner with the Head of the Civil Service of the Federation in executing the proposed Federal Integrated Staff Housing (FISH) scheme. The Guardian reports that in a courtesy visit to the Permanent Secretary Head of Service ...

Reports show that the Federal Government is ready to return all internally displaced persons (IDPs) to their homes, in a move termed ‘Operation Back Home’, that would see the return of over two million IDPs to their original homes. Vanguard reports that the newly-appointed Federal Commissioner in charge of the National Commission for Refugees, Migrants and Internally Displaced Persons, NCFRMI, ...

Vanguard reports that the Enugu State chapter of the National Association of Nigerian Students, NANS, has commended Governor Ifeanyi Ugwuanyi for developments in the state, especially his timely intervention on the commencement of rehabilitation work at the Federal Government road along Oji-River–Ugwuoba-Anambra State border. Also, it was reported that NANS  commended the governor’s contributions towards the success story of Enugu ...

The Minister of Youth and Sports, Solomon Dalung, has made it known that the management of the national stadia in Lagos and Abuja would soon be transferred to the private sector. The Minister disclosed this while speaking to journalists after the Federal Executive Council (FEC) meeting yesterday in Abuja. In a statement, Dalung said the maintenance of the facilities could ...

The Guardian reports that residents of Igando New Model Phase Three in Oko Filling area of Alimosho Local Council of Lagos have sent a Save-Our-Soul (SOS) to the state government as flood wreaks havoc in the area. According to The Guardian, one of the residents, James Agboola, lamented that for the 15 years that he has been living in the ...

The Minister of Industry, Trade and Investment Okechukwu Enelamah said that the Federal Government has set up a N25 billion revolving loan scheme for transport companies to access funds to buy mass transit vehicles. The Minister made this known in Abuja yesterday at the opening of a two-day national workshop for chief executives of mass transit companies. The Nation reports that, ...

Reports show that erosion has displaced over 500 residents, and destroyed 100 houses in Enugwu-Ukwu community, Njikoka Local Government Area of Anambra State. The Guardian reports that, when officials of the Nigeria Erosion and Watershed Management Project (NEWMAP) visited the erosion site to ascertain the level of damage caused by erosion in the area, a community leader, Mr. Nwadinigwe Emmanuel, said ...

The Federal Government has proposed a budget of N6,866,335,052,740 for 2017.  The Guardian reports that the Presidency formally informed the National Assembly of the proposal yesterday, and also made it known that it would set up a $25 billion Infrastructural Development Fund as a means of attracting non-budgetary resources to fund its development projects. This information was contained in the 2017 ...