Real Estate News

Babatunde Fashola, minister of works and housing, says there was no inflation in the contracts awarded by his ministry in 2018. The Bureau of Public Procurement (BPP) said it saved N26 billion for the federal government in 2018 by revising the sums of government contracts approved by some ministries, departments, and agencies. The agency said the highest reduction was made from the ...

The lawmaker representing Badagry Federal Constituency in House of Representatives, Honourable Babatunde Hunpe has appealed to the contractor handling Agbara-Badagry-Seme road to employ people from the area in construction works. He made the appeal when he visited officials of CGC Construction Company on-site at Gbaji Road along Badagry Seme Expressway on Monday. Babatunde said the people of Badagry are complaining ...

Ekiti State House of Assembly on Sunday advised residents living in flood-prone areas across the state to relocate to safe areas in compliance with the warning and prediction of Nigeria Meteorological Agency that heavier rains were underway. The Deputy Speaker of the Assembly, Hakeem Jamiu, said such relocation would be of tremendous help in saving the people’s lives and property ...

The Peoples Democratic Party (PDP) Governors Forum has condemned the recent raid on the Abuja residence of Governor David Umahi of Ebonyi State. The forum made the condemnation in a statement issued by its Chairman and Governor of Bayelsa, Seriake Dickson, on Sunday in Abuja. The forum described the raid as an attack on democracy. “It is assault on the ...

Towards curbing the sale and manufacture of substandard roofing sheets in the country, Standards Organisation of Nigeria (SON) has apprehended galvanized roofing sheets and aluminum coils worth about N500 million in Owerri and Okigwe, Imo State. The new wave of SON intervention is coming on the heels of complaints from property developers. In fact, homeowners have been facing herculean task ...

“Seeth thou a man diligent in his business, he shall stand before kings, he shall not stand before mean men.” Numbers they say, don’t lie! Report cards don´t deceive, rather, they are key indicators of strong performance; reminding us of what we have done right, where we are now, and how we can do better. Within the last 30 days, ...

Gov. Abdullahi Sule of Nasarawa State has inaugurated the N1.2 billion Ta’al Orange Market site and Services for housing project at Mararaba Gurku, Karu Local Government Areas of the state. Inaugurating the project, Sule said this was part of the activities marking his 100 days in office on Saturday at Mararaba. He said the project was geared towards providing housing ...

The Paints Manufacturers Association of Nigeria (PMA) have pledged to confront the problem of adulteration and faking of premium brands which have negatively affected their volume and profitability.  The Chairman of PMA, Mr. Abimbolu Babatunde, disclosed this during a recent press conference to announce the sixth biannual raw materials, equipment and paint exhibition scheduled for October 28 and 29, 2019.  ...

The Nkpolu Rumigbo eastwest road in Port Harcourt, Rivers state capital has reportedly been taken over by flood. The flood made the road almost impossible for both pedestrians and motorists who had to queue up to pass through. The road taken over by flood is in Port Harcourt, capital of Rivers state Meanwhile, newsmen reported that the Nigeria Hydrological Services ...

Piqued by the slow pace of work and insufficient manpower on the 15.1-kilometre Odio road in Eket Council, the Akwa Ibom State government has threatened to revoke the contract if the firm handling it fails to comply with the terms. Commissioner for Works, Ephraim Inyang-Eyen, gave the warning during the inspection tour of ongoing road projects in the state. Inyang-Eyen, ...