Real Estate News

Even when Nigeria Labour Congress, NLC, is battling to address close to N3 billion housing project scam involving it and Christon-Lally, another housing project fraud has hit the labour movement. This time around, it is the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, that is enmeshed in over Five and fifty-nine million, three and eight thousand, seven ...

Government should abolish the land use act of 1978 and also, it is not sustainable for government to be providers of housing for citizens. This and more was said by Real estate developer and the Managing Director of Merrybells Ltd, Emmanuel Abisoye Oyelowo in an interview with Amina Alhassn Ahman of Leadershipng. Oyelowo was one- time General Secretary of Real ...

A 42-year-old real estate agent, Babalola Murtala, was on Tuesday docked at a Lagos State Magistrates’ Court sitting in Igbosere for allegedly defrauding a journalist of N700, 000 under the pretext of securing a mini flat for him. Muritala was arraigned before Magistrate J. Ugbomoiko on a three-count charge of stealing, obtaining by false pretence and threat to life preferred ...

Concerned about the dearth of skillful artisans in Nigeria, especially, bricklayers, a new programme aiming at improving their practices has got the attention of stakeholders in the building sector. The new initiative is as result of a tripartite agreement between the Nigerian Institute of Building (NIOB), Industrial Training Fund (ITF) and Cement Technology Institute of Nigeria (CTIN). Speaking at the Annual General Meeting (AGM), of the Lagos State Bricklayers ...

Representatives of Ijapo Estate Landlords Association, real estate practitioners, others have asked for reduction in the proposed from N25, 000 levy on residential premises. Plans by the Ondo State government to commence implementation of Land Use Charge to shore up its internal generated revenue have been applauded by the representatives of landlords/property owners, who agreed that the payment of taxes ...

The Lagos State Commissioner for Physical Planning and Urban Development, Mr. Abiola Anifowoshe, has ordered the closure of a building site along Wole Olateju Street, Lekki Phase 1 Residential scheme. According to the ministry, the order is sequel to the disrespect to the physical planning and urban development laws and regulations of the state by the developer. A statement by ...

A New website has been launched by the African Housing group, which is designed to help home buyers find quality and affordable homes as well as the offer developers opportunities to access millions of home buyers locally and abroad, especially in Africa. The platform aggregates millions of new property from thousands of certified developers in Africa, making home buying process ...

The police in Lagos have arrested a man, Ifeanyi Okpoko, for allegedly shooting an estate agent, Kazeem Opagun, who came to work on his ex-wife’s property in the Ajao Estate area of the state. Punch metro learnt that Okpoko allegedly shot the agent, when the latter and another colleague, identified as Lanre Aromasodu, asked Ifeanyi to produce the landed property ...

The Federal Housing Authority (FHA) has appointed Messrs Nekonini Business and Properties Limited, as the sole marketer of its Abesan Housing Estate. In a statement signed by Messrs Stanley Oparaocha, Head Business Development and Hayatudeen A. Awwal, Acting Managing Director, respectively, dated January 5, 2016, said the Messrs Nekonini has been performing to the satisfaction of FHA. The Abesan estate ...

Ahead of the proposed road expansion and rehabilitation work by the Lagos State government, the authorities have appointed Messrs Granebury Construction as contractor,  and met stakeholders to iron out some gray areas, especially ensuring affected people receive commensurate compensation. They met at the forum, tagged: “Stakeholders Meeting on the Rehabilitation of Strategic/Arterial/Inner Roads in Epe Local government”, attended by the ...