Real Estate News

More than 12 years after construction work commenced on the Unity Garden Housing Estate in Osisioma, Abia State, depositors have shown their displeasure over the non-completion of the project. According to some of the depositors, who spoke with our correspondent, snakes, rats, cockroaches and other crawling animals as well as illegal tenants have taken over the estate despite the huge ...

A prosecution witness, Junaid Sai’d, on Tuesday told Justice Okon Abang of the Federal High Court sitting in Abuja how the spokesman of the Peoples Democratic Party, Olisa Metuh, bought N500m property in Lagos. Mr. Sa’id said the money was allegedly transferred to Daniel Ford International Limited in two tranches of N200m and N300m for the purpose of buying a ...

The Economic and Financial Crimes Commission on Tuesday re-arraigned the duo of immediate past Kwara State Commissioner for Information, Olatunji Moronfoye, and Ope Saraki, cousin to the Senate President, Bukola Saraki before Justice Oluremi Oguntoyinbo of the Federal High Court sitting in Ilorin. The two men were charged for offences bordering on abuse of office, diversion of public funds and ...

The Borno State government said on Tuesday that it had earmarked N100 million for rebuilding structures damaged by insurgents in some communities of Konduga Local Government Area of the state. The affected communities of Dalori, Mairi and Malari were attacked last week by suspected Boko Haram terrorists. Mr. Shettima disclosed this during a sympathy visit to the affected communities. The ...

The mass housing sector in Nigeria presently suffers from a housing deficit of over 17 million units and the numbers seem not to be heading for a decline anytime soon. This article is a sequel to last week’s article on “The emergence of dry construction in Nigeria“. Did you know that the real traditional African construction is dry? In the ...

Architect Tonye Braide is the 26th President of the Nigerian Institute of Architects (NIA). In this interview with Elsie Godwin of NREH, he pointed out the need for Architects’ project to be vetted by Architects stating that Architects should be the ones in the development control of all development control offices. He also mentioned strengthening the institutional base of the ...

Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, on behalf of the Federal government at the opening ceremony of a 3-day Nigerian Pension Industry Strategy Implementation Road-map Retreat, said that the government has pledged not to revoke any inherited contracts. He added that the usual habit of reversing projects of previous government was wrong and not in the best interest of ...

A Lagos High Court sitting in Ikeja, yesterday dismissed two applications seeking to stop the prosecution of the two engineers who constructed the collapsed six-storey building at the Synagogue Church of All Nations (SCOAN) in Ikotun area of Lagos. The collapse of the building, which occurred on September 12, 2014, led to the death of 116 persons. The two engineers ...

A Benin High Court has ordered paramount ruler (Otaru) of Auchi, Alhaji Aliru Momoh Ikelebe III, to vacate Bendel Hotel, Auchi, belonging to Orbit Building Society Limited, not later than 31 days. The hotel is located in the plot of land housing the present palace of Auchi. Justice Esohe Ikponmwen who gave the order while delivering judgement in a suit ...

People were feared dead yesterday, in fresh attacks between Fulani herdsmen and farmers at Tom-Anyiin and Tom-Ataan communities, Mbaya, Tombu in Buruku Local Government Area of Benue State. The Council Chairman, Godwin Iorsue, the Divisional Police Officer at Buruku, the Area Commander and some security operatives in the area, on assessment tour of the communities, were ambushed and attacked by the herdsmen who ...