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66,402 people apply for new FG Mortgage scheme

An indication that Nigerians are in dire need of affordable and live-able homes in any part of the country emerged last week as a total of 66,402 applicants are seeking slots in the 10,000 homes to be constructed by the Federal Government under the Mortgage Refinancing Scheme pilot project. The Federal Government launched the scheme early this year to create ...

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Committee submits Housing Survey Report

Eager to reposition the housing industry and increase activities in the sector, the Ministry of Lands, Housing and Urban Development may soon begin the implementation of its report on Land Verification, the 10,000 houses project and housing Survey. The Minister in Charge of the ministry, Mrs. Eyakenyi Akon last week received interim report of the three ministerial committees that was ...

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N3.2Trn to be generated from Abuja Land Swap Investment – FCT Minister

Lugbe Project

The Minister of the Federal Capital Territory Administration, FCTA, Senator Bala Mohammed has disclosed that with the successful implementation of the on-going Abuja Land Swap Initiative, over N3.2 trillion secondary investment is expected to be generated for the Federal Capital Territory. Speaking while receiving the National Executive Committee of the Nigerian Society of Engineers (NSE), led by its President, Ademola ...

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Lagos Embarks On New Housing Projects In Central Lagos Island

Landlord matters Nigeria

Convinced of the positive impacts the urban renewal scheme would have on the state and her residents on one hand, and the entire real estate industry, the Lagos State Government has expressed its determination to ensure its central Island and environs are fully regenerated. Senior officials of the government spoke at the commencement of a two high-rise residential projects within ...

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NIOB demand National Building Code

Members of the Nigerian Institute of Building (NIOB) have reiterated its call to the Federal authority to promulgate a law to enforce the National Building Code. NIOB in a communiqué after its 44th Annual General Meeting/Conference at the Bovina View International Hotel, Ilorin, Kwara State, recently said professionals in the building industry should put social, environmental and economic sustainability of ...

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FMBN, Chinese Bank Come To Nigeria’s Rescue Over Housing Deficit

A new rapprochement is already evolving between the Federal Mortgage Bank of Nigeria and the Industrial/Commercial Bank of China, as the latter has promised to bring in funds in form of Foreign Direct Investment to assist the FMBN FMBN in addressing the nation’s housing deficit. Recently, the Federal Government had said it had commenced discussion with China Export and Credit ...

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FCT accounts for 10% of 17m housing deficit in Nigeria — Bala Mohammed

demolitions in abuja

Minister of the Federal Capital Territory Administration, FCTA, Senator Bala Mohammed disclosed at the weekend that the FCT accounts for 10 per cent of the 17 million housing deficit in Nigeria. The minister disclosed this while commissioning a 49-unit luxury apartments christened “AICL Apo- Dutse Housing Estate”. According to him: “From statistics, the housing deficit in Nigeria is about 17 ...

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FG sets to check Housing deficit

The framework for conducting a National Housing Survey to establish and determine the housing deficit in the country has been developed by the Federal Government, the Minister of Lands, Housing and Urban Development, Mrs. Akon Eyakenyi, has said. She said the survey would determine the actual number of houses needed across the country instead of depending on estimates and unproven ...

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REVEALED: Why Buildings Collapse In Nigeria

Building Collapse Prevention

The Technical Services Engineer of United Cement Company of Nigeria, Mr. Bukola Adebisi (UNICEM) has said that the incessant building collapse in the country is not caused by cement but by activities of people in the informal sector as everybody now parade themselves as engineer with formal or informal training. He also lauded the federal government for providing a conducive ...

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20,000 Housing Units Provided By FRSC For Its Personnel

Federal Road Safety Corps has concluded plans to construct 20,000 housing units across the country for its personnel under a housing scheme tagged “Vision 20,000 housing project.” Making the disclosure recently, while receiving the management team of the Federal Mortgage Bank, the Corps Marshal, Boboye Oyeyemi, reiterated that the housing initiative was informed by the need to provide the required ...

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