Real Estate News

According to Vanguard, the Bank of Industry, BoI, has signed a $2 million agreement with the United Nations Development Programme, UNDP, to provide solar-powered electricity to no fewer than six communities in six states of the federation. Vanguard reports that, the Acting Managing Director of BoI, Mr Waheed Olagunju, while speaking at the signing of the Memorandum of Understanding, MoU, ...

The Minister of Information and Culture, Alhaji Lai Mohammed, has said that despite the current economic recession, Nigeria’s future is bright, as the country diversifies its economy away from oil. According to Vanguard, while the Minister was speaking at a ceremony to mark the 2016 World Tourism Day in Eko Atlantic, the city that is being built on reclaimed land ...

According to the Minister of Finance, Mrs. Kemi Adeosun, the Federal Government would use agriculture and solid minerals to tackle the current economic recession. Vanguard reports that, this came as Governor of Ogun State, Ibikunle Amosun said that oil has failed Nigeria. In addition, Vanguard reports that the Minister of Finance also said the country is already getting out of the ...

The Niger Delta Development Commission, NDDC, has started emergency repairs on 194  failed portions on major roads across Niger Delta with 64 located in Rivers State. Vanguard notes that, the Acting Managing Director of the commission, Mrs Ibim Semenitari, who disclosed this to newsmen, said it was part of efforts by the commission to reduce the sufferings of commuters and ...

According to The Guardian, Imo State residents have called on the relevant authorities and the state governor, Rochas Okorocha, to urgently intervene and evacuate a massive refuse heap in front of Ekeukwu Owere Market, along Douglas Road, Owerri, the state capital. They claimed the refuse heap has been abandoned for weeks. The Guardian also gathered that the refuse had been ...

The Federal Government has solicited the support of China-Africa Development Fund (CADFund) to finance housing development in Nigeria, in order to bridge the housing deficit in the country. The Head of Service of the Federation (HoS), Mrs. Winifred Oyo-Ita, made the plea when an eight-man delegation of CADFund paid her a courtesy visit in Abuja. According to Vanguard, Mrs. Winifred Oyo-Ita said ...

The Nigerian Agriculture Business Group (NABG) wants the Federal Government to provide incentives for youth, in order to attract them into the agricultural sector. According to The Guardian,  NABG’s Chairman, Sani Dangote, said, at the ongoing Agric expo and NABG conference in Abuja, that the youth cannot be brought into agriculture if there is poverty, hardship and no reward in the ...

The National Assembly consultant on Projects Monitoring, Kayode Adegbayo, while speaking at Ogrute, Enugu Ezike, in Igbo-Eze North Local Government Council during the inspection tour of projects executed by the council, called on local governments in the country to embark on projects that would impact on the lives of the people at the grassroots. Vanguard reports that, Adegbayo said the call had become ...

The Nation reports that Lagos state Governor Akinwunmi Ambode said yesterday that the prevailing economic recession offers a viable opportunity for the country to harness the potentials of other sectors. He identified tourism as one of the critical sectors that can revitalise the economy. The governor, who spoke at the commemoration of this year’s edition of the World Tourism Day, ...

According to the Commissioner for Reconstruction, Rehabilitation and Resettlement; Dr. Babagana Umara Zulum, about N30 billion is needed to complete the ongoing rebuilding of residential houses and public structures destroyed by insurgents in Bama Local Government Area of Borno State. Vanguard reports that, the Commissioner revealed this in an interview in Bama Monday, soon after inspecting ongoing reconstruction work with Governor ...