Real Estate News

The Dangote refinery which is currently under construction in Nigeria is set to be the largest single refinery in the world. Management of Dangote Petrochemical Company has said the refinery would commence commercial operations at the beginning of 2018. The refinery’s launch will make Nigeria self-sufficient in petroleum products refining and enable the country to become a major exporter of ...

The Nigeria Police Force has said that it will partner with the UN Habitat for the provision of low cost housing for its officers. The Force spokesperson, Acting Assistant Commissioner of Police, ACP Olabisi Kolawole, made the disclosure in an interview with the News Agency of Nigeria (NAN) on Thursday in Abuja. Kolawole said that the project which would be ...

The Oyo State Government and the Lagos State Chapter of the Nigerian Institute of Architects have endorsed the new pre-fabricated building by Vitapur Nigeria Limited, a subsidiary of Vitafoam Nigeria Plc. Besides, they commended Vitafoam Nigeria Plc on its Corporate Social Responsibility (CSR) policy which aims at addressing fundamental needs of humanity despite the inclement operating environment. Speaking at the ...

In a renewed effort to incorporate design, construction and operational practices that significantly reduce or eliminate the negative impact of development on the environment and people, experts have called for cooperation among professionals in the housing industry. They believe that green buildings have lower operating costs, are more efficient, future-proof, provide a higher rate of return and have been shown ...

Piqued by the alleged preference of foreign professionals and artisans over their Nigerian counterparts, the Nigerian Institute of Builders (NIOB), Lagos Chapter, is set to address the anomaly at their annual conference/annual general meeting (AGM). Addressing Journalists last week, the Chairman 2015 Conference/AGM, Mrs. Said Adenike, pointed out that the institute would use the event to make case for the ...

A university lecturer, Prof. Timothy Nubi, on Tuesday told the Federal Government to restructure Nigeria’s mortgage system to position it for better service delivery. Nubi, who is of the Department of Estate Management in the University of Lagos, made the call in an interview with the News Agency of Nigeria (NAN) in Lagos. He said that solution to the nations’ ...

The Senate on Wednesday kicked against the N64 billion contract for the construction of a second runway at the Nnamdi Azikiwe International Airport, Abuja. The Senate, at its plenary declared that the contract sum ​wa​s “too high”. In a three-point motion by Dino Melaye (APC Kogi West), the Senate acknowledged the urgent need for a second runway at the airport, ...

The Imo State Government has concluded arrangement with the Federal Mortgage Bank (FMB) to build 2,000 housing units, comprising semi- detached duplexes and blocks of flats, for its workers in the three senatorial zones under the Imo Model Scheme. Governor Rochas Okorocha, who disclosed this to journalists at the weekend in Owerri, after a meeting with the officials of the ...

Housing specialists have added their voice to the call for the adoption of a new modern building system. The experts spoke at the launch of prototype house known as Kalsi Experience Centre by Nigerite Limited in the Lagos premises of the company. The centre consists of a duplex, which embodies the dynamism and precision of the Kalsi boards and offers ...

Two people were on Tuesday seriously injured in a partial building collapse in Abakaliki, Ebonyi state capital. The incident occurred at 4:30pm at No 9A Obiri Street near Abakpa Main Market in the heart of the city. According to witnesses, an occupant of the top floor of the two-storey building was resting on the balcony when it collapsed, throwing him ...