Real Estate News

The Rivers State Commissioner of Housing, Barr. Emma Okah, has emphasised the need for private investors in the housing sector to take full advantage of the government’s liberal housing policy of the Governor Nyesom Ezebunwo Wikes’ administration. The Housing Commissioner stated this in a press release recently, noting that the state has huge deficit in housing that needs drastic intervention. ...

People of Gwarimpa and its environs in Abuja can look forward to better times, as their shopping stress will be alleviated by the coming of SPAR supermarket to Lifecamp, Gwarimpa Abuja. Artee group, the operators of SPAR supermarket recently signed a lease agreement with Topwide Ventures Limited for 3000sqm space as the anchor tenant in the ongoing Mountview shopping centre ...

Zimbabweans have taken to social media to express mixed views following indications by Nigeria’s Aliko Dangote that he plans to invest in the southern African country. Dangote, who is considered Africa’s richest man, said on Monday he planned mining and power generation projects for investment-starved Zimbabwe, as well as to set up a large cement factory. This came after he ...

A lawmaker representing the Arochukwu/Ohafia Constituency in the House of Representatives, Uko Ndukwe Nkole, has urged President Muhammadu Buhari to probe the circumstances that lead to the abandonment of the Ohafia-Arochukwu Road rehabilitation contract awarded by the defunct Petroleum Trust Fund (PTF) during Buhari’s tenure as chairman. Nkole raised questions on the issue when he undertook an inspection of the road, which ...

The Ogun State police command have arrested 65 year old landlord, Joseph Olaleye (pictured above) for allegedly setting ablaze the 3 year old son of his tenant Abdulahi Razaq at his residence in Olowosatide, Owode Ijako Ota in Ado Odo Otta LGA of the state on Monday August 30 The accused and the deceased father were having an argument when ...

Governor Adams Oshiomhole of Edo State has called on a former minister of work, Mike Onolememen, to explain to Nigerians the whereabouts of $700 million (N140 billion) released for the unexecuted second Niger bridge project. Mr. Oshiomhole said in a statement by his chief press secretary, Peter Okhiria, that he stood by an earlier statement that $700 million was drawn ...

With a resolution to make significant impacts in the country, particularly towards reducing the nation’s housing units shortfall, a frontline manufacturer of polyurethane prefabricated buildings in Nigeria, Vitapur Nigeria Ltd, has called on both the Federal and state governments to reach a pact with it. The pact, if eventually evolved, according to the firm, would back the firm’s desire to ...

The Chairperson, Real Estate Developers Association of Nigeria (REDAN), Federal Capital Territory (FCT), chapter, Hajia Binta Ibrahim, in this interview with Dele Ogbodo, said that the only way houses can be made affordable is when there is serious intervention from all the stakeholders in the sector and government has to realize that REDAN is a serious stakeholder in housing development. ...

At least three people were killed Monday in a deadly clash between rival cult groups in Elega and Ago-Odo areas of Abeoluta, Ogun State capital, police and residents said. According to premuimtimesng, Fighting broke out between the Eiye and Aiye confraternities, throwing the communities into confusion as residents fled for their lives. One of those killed, witnesses said, was the ...

Ekiti State Government has disbursed a sum of N144 million as housing and vehicle loans to 712 teaching and non-teaching staff in the state teaching service. The State Commissioner for Finance and Economic Development, Chief Toyin Ojo, who made this known, in Ado- Ekiti, said N63million of the amount was disbursed as car loans to 257 teaching and non-teaching staff ...