Home » Real Estate News (page 50)

Real Estate News

FG restates commitment to roads reconstruction


Vice President, Yemi Osinbajo, on Tuesday, said the Federal Government had adopted proactive measures to facilitate reconstruction and rehabilitation of roads nationwide. This he said was to enhance road transportation network in the country. Osinbajo stated this at the inauguration of the Damboa dual carriageway, constructed by Borno Government. He disclosed that the federal government was also committed to the ...

Read More »

Propertymart restates commitment to quality, delivery on Cityview Estate, others


Leading real estate company, Propertymart Real Estate Investment Limited, has assured prospective home owners that it is committed to timely delivery of quality houses at its Cityview Estate, Arepo in Ogun State as well as other ongoing home ownership projects across Nigeria. Specifically, the firm assured investors that all ongoing housing units would be completed and handed over to them ...

Read More »

FG inaugurates housing estate for displaced persons in Bakassi

housing estate

The Minister of Niger Delta Affairs, Dr. Usani Usani, has inaugurated a 40-unit housing estate at Ikpiri Ikang, Bakassi Local Government Area of Cross River State. Speaking at the occasion, Usani said the intention of the government was to accommodate widows and some of the Internally Displaced Persons (IDPs) in Bakassi Local Government Area. He said the project was aimed ...

Read More »

Ogun land encroachment: Ogun-Guangdong Free Trade Zone debunks allegation


The umbrella body of Chinese businesses under the auspices of Ogun-Guangdong Free Trade Zone in Igbesa area of Ado-Odo/Ota Local Government Area of Ogun state has debunked the allegation of encroachment on 485 hectares of land levied against it by some members of the community. The Public Affairs Manager, Mr. Sabastine Ijomah debunked the encroachment allegation during a press briefing ...

Read More »

Man jailed eight months for concealing Information from EFCC


A 24-year-old man, Akeredolu Oluwafemi Temidayo, has been sentenced to eight months in prison for hiding vital information from operatives of the Economic and Financial Crimes Commission, EFCC, Ibadan zonal office, when under interrogation. Akeredolu (aka Susan Henderson) had received a landed property from one Rose Kirkley, an American citizen, pretending to be a nurse with a special skill to ...

Read More »

Osun Assembly proposes 20 years jail term for land grabbers

land grabbers

OSOGBO – Osun State House of Assembly last week passed four bills into law. The newly passed bills included one prohibiting activities of land grabbers in the state; entitled “Osun State Forceful Entry and Illegal Occupation of Landed Properties (Prohibition) Bill, 2019”, the bill provided that whoever contravened the law when operational, would be liable to 20 years imprisonment without ...

Read More »

Flood destroys properties in Lagos after Monday rainfall


Lagos – Many Lagosians have taken to social media to bemoan the recurrent flooding problem in the state after heavy rainfall on Monday, May 20, 2019. The state is a familiar mess during rainy seasons as many parts are submerged in flood due to a terrible drainage system, causing difficulty for motorists and residents of different parts of the state. ...

Read More »

Court orders freezing of firm’s accounts over N4.2bn debt to AMCON


Justice Chuka Obiozor of the Federal High Court in Lagos yesterday placed a No Debit Order on the bank accounts of a limited liability company, Al Kahf Limited, over alleged indebtedness of N4.282, 918, 018,43 billion to the Asset Management Corporation of Nigeria (AMCON). Justice Obiozor also ordered the company, its servants, agents, officers, directors, shareholders, employees, creditors, assigns, tenants, ...

Read More »

Govt. expends N45bn on Oyo tertiary institutions in 7 years — Ajimobi

tertiary institutions

Gov. Abiola Ajimobi of Oyo State Wednesday said his administration had in the last seven years expended over N45 billion on tertiary institutions in the state. He made the disclosure in Ibadan during the inauguration of the newly-constructed Oba Akinbiyi Model School II, Mokola by his administration. It was gathered that the governor also inaugurated the constructed Efunsetan-New Garage road ...

Read More »