Home » Real Estate News (page 470)

Real Estate News

Presidential project monitoring team visit FESTAC Phase 2 project

Presidential project monitoring team visit FESTAC Phase 2 project

The A seven-member Presidential project monitoring team led by its director, Mrs. Sandra Fadeyi, has visited FESTAC Phase 2 project located in Amuwo-Odofin Local Government area of Lagos State. The visit was a boost for the concessionaire, the New Festac Property Development Company Limited (NFPDCL). Also on the inspection tour were some officials of Federal Housing Authority (FHA), led by ...

Read More »

‘We cannot take loan at 28% interest rate and provide affordable housing’

'We cannot take loan at 28% interest rate and provide affordable housing'

Dr Aliyu Oroji Wamako is the vice president of Real Estate Developers Association of Nigeria(REDAN) and CEO of Jedo Investment Limited. In this interview with Chika Okeke, he spoke on issues affecting the built industry and why it would be difficult for the private sector to provide affordable housing. Read below: Stakeholders are optimistic that it will take government next ...

Read More »

3 Storey Building Collapses In Lagos Island

3 Storey Building Collapses In Lagos Island

A 3 storey building has collapsed in Odunfa street, Lagos island. According to Ibrahim Farinloye, the South-west spokesperson for the National Emergency Management Agency (NEMA) many are feared to be trapped in the building as 4 persons have been rescued so far. “4 rescued alive, no death recorded so far, search continues”, he told our reporter. Witnesses told Naij.com that the ...

Read More »

Several trapped as building collapse in Eti-Osa Local government area of Lagos

Several trapped as building collapse in Eti-Osa Local government area of Lagos

Many workers at a construction site in Lagos have been reportedly killed after the building caved in. The building, located at Osapa London, Agobi in Lekki, Eti-Osa local government area of the state, reportedly collapsed at about 8:40am, with some of the workers trapped underneath. Already some rural dwellers succeeded in rescuing six persons before the arrival of emergency workers. ...

Read More »

How Former Imo State Gov. Ohakim paid N270m cash for Abuja property

How Ex-Gov Ohakim paid N270m cash for Abuja property

Proceedings in the trial of former Imo State governor, Ikedi Ohakim, before Justice Adeniyi Ademola of the Federal High Court Abuja, resumed on Tuesday. At the resumed hearing, the prosecution witness gave a blow-by-blow account of how the former governor allegedly made a cash payment of $2, 290,000.00 (Two Million, Two Hundred and Ninety Thousand Dollars), for a piece of ...

Read More »

Nasarawa Airport Project: Govt. Signs MoU To Construct Lafia Airport

Nasarawa Signs MoU To Construct Lafia Airport

The Nasarawa State government has signed a Memorandum of Understanding with a Chinese firm for the construction of commercial airport in Lafia, the state capital. Performing the ceremony at the Government House Lafia, Governor Tanko Al-Makura, said the airport when constructed, would serve both commercial and cargo service to the north central states. Mr. Al-Makura believes that Nasarawa State must ...

Read More »

Imo State Govt. Gives Relief Materials To Victims Of Oguta Flood

Imo Govt. Distributes Relief Materials To Oguta Flood Victims

The Imo State government through the Imo State Oil Producing Areas Development Commission (ISOPADEC) has provided relief materials to the people of Oguta. This is to alleviate their immediate suffering and hardship following the rampaging flood that submerged many houses and displaced many people in riverine Oguta Local Government Area of Imo State. Speaking to Channels Television at the ISOPADEC office ...

Read More »

No Going Back On Land Use Charge Law – Oshiomhole

No Going Back On Land Use Charge Law-- Oshiomhole

At the presentation of the report carried out on the Edo state revenue generating reforms carried out by former chairman of the Federal Inland Revenue service. Governor Oshiomhole who immediately signed the report seized the opportunity to clear the air on the land use charge law. Governor Oshiomhole noted that the target of the Land Use Charge Law is not ...

Read More »

Willie Obiano Signs Agreement With Irish Firm For Affordable Housing Units

Obiano Signs Agreement With Irish Firm For Affordable Housing Units

The Governor of Anambra State, Willie Obiano, has signed Memorandum of Understanding (MoU) with an Irish firm, Asieur International Limited Group, for the development of 10,000 Affordable Housing Units in the state for civil servants and other low-income earners. At the ceremony held at the Government House in Awka and attended by all the executive council members, the Governor gave ...

Read More »