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Real Estate News

Agbor residents alert Okowa over flood menace

Agbor

Landlords and landladies having houses on Obi Road (Dein Motor Way) in Alibioba community of Agbor in Ika South Local Government Area of Delta State have appealed to the state governor, Dr. Ifeanyi Okowa, to save them from the menace of environmental and ecological degradation by rehabilitating the deplorable road. At the end of the weekly meeting of the association ...

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Ogun govt begins probe of Amosun’s projects

projects

The Ogun State Government Tuesday set up a committee to review the contracts and projects embarked upon by the immediate past government of Senator Ibikunle Amosun in the twilight of its administration. The state government , in a statement signed by the Secretary to the State Government, Mr. Tokunbo Talabi said the committee is to be chaired by Engr. Adekunle ...

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Building collapse: Delta NLC wants government, NSE intervention

building collapse

The Delta chapter of the Nigerian Labour Congress on Monday urged government and the Nigerian Society of Engineers to address the menace of frequent building collapse in the state. The state NLC Chairman, Goodluck Ofobruku, made the call on Monday in Asaba while reacting to the two recent building collapse in parts of the state which killed seven persons. The ...

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Bauchi governor flags off N5 billion road projects

Bauchi

The Bauchi State Governor, Bala Mohammed, on Monday, flagged off the construction of five major roads to open up the township of the state capital. Works on the five roads, spanning over 10.2km, will cost the state government about N5 billion. The projected amount is just about half of what the past government of the state allegedly spent on “burying ...

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Lagos govt cautions against unregistered estate agents, developers

estate agents

The Lagos State Government on Monday advised residents to patronise only certified and registered estate agents or developers while seeking accommodation or dealing in properties. Mr Wasiu Akewusola, Permanent Secretary, Lagos State Ministry of Housing, gave the advice at Alapere in Ketu, near Lagos, where a fraudulent property developer allegedly duped no fewer than 262 prospective home buyers. “Residents of ...

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Lagos landlord, developer, agents defraud 66 prospective tenants of N16m

Lagos landlord

Over 66 prospective tenants have been thrown into confusion as Lagos landlord, Olatunji Joseph, in connivance with a developer, Aderonke Olaleye, and other allegedly yet-to-be identified agents swindled them of over N16m. The money was meant as rents for five flats in a newly-constructed one-storey building at No. 11 Abeni Close, Asa Estate, in the Gbagada area of Lagos State. ...

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EEDC reacts to alleged N2m fraud in Aba Estate

EEDC

The Enugu Electricity Distribution Company, EEDC, has finally spoken about reports on social media that some of its members of staff defrauded residents of the Federal Housing Estate, Ogbor Hill, Aba to the tune of N2 million. The reaction was contained in a statement made weekend by EEDC’s communications manager, Mr. Emeka Ezeh. This is following reports that some unnamed ...

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‘Real estate sector can tackle unemployment’

real estate sector

Government at the state and federal levels has been urged to partner with stakeholders in Nigeria’s real estate sector to reduce housing challenge and also tackle unemployment in the country. Making the call in Lagos during the unveiling of a multi-storeyed luxury apartment and office complex jointly built by Arkland Properties and Investment Company Limited and Amlad Group at Eko ...

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Akwa Ibom to partner FMBN in workers’ low-cost housing

FMBN

Akwa Ibom State Governor, Mr. Udom Emmanuel, has pledged to work with the management of Federal Mortgage Bank of Nigeria (FMBN), to ensure that low and medium-income workers in the state own houses at retirement. He made this promise when Board of Directors and the Management staff of the Federal Mortgage Bank of Nigeria (FMBN), paid him a courtesy call ...

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