Real Estate News

The Ogun State Government has said it will no longer tolerate illegal and improper waste disposal across the state. This is with a view to maintaining a clean and hygienic environment. The Commissioner for Environment, Mr. Bolaji Oyeleye, was quoted to have stated this in Abeokuta, adding that residents were in the habit of dumping refuse on road medians and ...

The Governor of Anambra state, Governor Willie Obiano has performed a ground-breaking ceremony of the Obinwanne Housing estate project. Located along the Enugwu-Agidi axis, Njikoka, within the capital territory, the estate on completion will have properly finished roads and concrete drains, electricity directly from the central business district, open space, firm security, Primary and Secondary school, e.t.c. The project is ...

The Senior Special Assistant to the President on Job Creation and Youth Employment, Mr. Afolabi Imoukhuede, has said that the Federal Government planned to train 370,000 artisans to boost skills development and employment generation. Imoukhuede disclosed this during the inauguration of the Construction Skills Training and Empowerment Programme (C-STEmp) in Abuja. The News Agency of Nigeria (NAN) reports that C-STEmp, ...

A group of international investors, under the aegis of Greenstone Capital International Africa and Tacnero Global, have disclosed plans to invest $200bn in five African countries, including Nigeria. According to the group’s legal adviser, Greg Anumenechi, in a statement on Thursday, the investment plan tagged: AMPLE, will also be extended into real estate, industrial, Information Technology, parks, education and the ...

The Lagos State Government has disclosed plans to review the Ikeja Model City Plan, which became operational in 2010. According to a statement by the Ministry of Physical Planning and Urban Development, the review is part of the state government’s efforts to create a better environment where infrastructure will be adequate and of a standard that befits the status of ...

Nigeria is losing about 3.5 per cent of its forest, or between 350,000 and 400,000 hectares to deforestation and other economic activities such as logging on an annual basis, conservation experts have said. According to the experts, who spoke at the 14th S. L. Edu Annual Memorial Lecture organised by the Nigerian Conservation Foundation in Lagos, the country’s forest area ...

Giving the environmental challenges facing the country, the federal government has called for collective responsibility and actions from all stakeholders in both the public and private sector, including the Civil Society Organisations (CSOs) in combating the problems. The Minister of Environment, Mrs. Amina Mohammed, who made the call at a Stakeholders’ Forum in Abuja, reiterated that environmental protection was top ...

According the eprop.co.za, a commercial property news site, Eris property group has unveiled plans for Agbara Estate in Lagos, Nigeria. The development plans for the estate represents MAREF (Momentum Africa Real Estate Fund) and its partners Land Afrique and Eris Property Group’s commitment to investment in Nigeria and in the city of Lagos. The 100 acre development sites are expected ...

The managing director of Federal Mortgage Bank of Nigeria (FMBN), Mr Gimba Kumo yesterday told the Senate that commercial banks and insurance companies have defaulted payment of their contributions to housing scheme for 24 years. He called for the recapitalisation of the mortgage banks to N250 billion to further empower the banks to meet the housing challenge in Nigeria. The ...

Governor Udom Emmanuel recently threw away modesty, and publicly boasted about how wealthy he was before becoming governor of Akwa Ibom state. Clapping back at critics, he mentioned they shouldn’t be paid any mind as they are stack illiterates and ignorant is a big disease. Stating that they have failed humanity and their families. Governor Udom said he earned not ...