Real Estate News

SON is threatening a clamp down on manufacturers of sub-standard building materials due to the fact that building collapses is going on the increase in Abuja The incidence of building collapse in Nigeria is now growing at an alarming rate, seemingly uncontrollable or beyond easy control. This in recent times has become a source of serious concern to all stake ...

The United Kingdom has approved a whooping £16.7 m to upscale Nigeria’s household solar systems. This household solar systems project is coming on the backdrop of previous contributions geared at the provision of solar lighting and power systems for as many Nigerian homes as possible.  The Project tagged “Solar Nigeria is an initiative of The United Kingdom Department for International Development. ...

After two weeks of fierce competition among Ten contestants, Three have emerged as eventual winners in the annual Sack Your Landlord Essay Competition for the year 2016.  Cynthia Omo, Maureen Alikor, and Egume Oghenekevbe emerged the Sack Your Landlord Essay Competition 2016 winners, and they took home the prize of a Laptop, Tablet and Smartphone respectively in the award-giving ceremony ...

The Chief Justice of Nigeria, Justice Mahmud Mohammed, has inaugurated a disciplinary tribunal for Architects. A statement by the CJN’s media aide, Ahuraka Isah, said that at the inauguration, the chairman, secretary, members and assessor of the tribunal took oaths of office administered by Justice Mohammed. The current President of the Architects Registration Council of Nigeria (ARCON), Umar Aliyu, was ...

The Economic and Financial Crimes Commission, EFCC, on June 14, 2016 arraigned prison inmate, Usman Umar before Justice Idrisa Kolo of the Federal High Court, Kano, on a two-count charge bordering on obtaining by false pretence.   Umar, who is currently serving a four-year jail term for a separate offence for which he was prosecuted by the EFCC, was arraigned ...

The Independent Corrupt Practices and Other Related Offenses Commission (ICPC), has endorsed the measures introduced by the Federal Housing Authority (FHA) to simplify its procedures meant to block leakages and eliminate corruption in its operations. Such measures include the establishment of a Central Land and Property Registry (CLPR), which is being upgraded to the FHA Geographic Information System (FHAGIS); creation ...

Patunola-Ajayi has decried the huge number of completed housing estates lying unoccupied, especially in Abuja, calling for the establishment of the Office of Valuer-General of the Federation where all property would be identified. He also canvassed a private developer tax for all vacant houses, stressing that all vacant property should be subjected to tax payment. He said the institution, as ...

In many tabloids that are released everyday, there is always a story of Landlord and Tenants fiasco featuring in at least Three of the tabloids. This shows that there is still a lot of work that should be done about Landlord and Tenant Relationship in Nigeria. The Tenancy Law in Nigeria was brought to solve some of these problems, but ...

A prosecution witness, Mustapha Yerima, who is the managing director of Ryte Builders Nigeria Limited, has further testified in court how monies were allegedly diverted from the Nigerian Air Force, NAF, account to construct a shopping mall for a former chief of air staff, Alex Badeh. Mr. Badeh is being tried for alleged corruption. At the resumed hearing before Justice ...

Anambra State Governor, Willie Obiano, commissioned an ultra-modern hall built for Union Secondary School, Okija, by a philanthropist, Dr. Paul Erinne. Willie Obiano, announced that each of the 177 communities in Anambra State will benefit from developmental project worth nothing less than 20 million Naira He explained that the decision was aimed at ensuring that no community is left behind ...