Real Estate News

Minister of Lands, housing and Urban Development, Mrs. Akon Eyankenyi has said that the APDC Capital Estate-phase 1, located in Kubwa will be ready for commissioning in December. The minister gave this assurance when he inspected the estate last week. The minister also expressed satisfaction with the level of work done so far, describing the estate as one of the ...

The legal case between a private developer, Global Formwork (Nig.) Ltd, the developer of Malaysian Gardens and FCT Administration climaxed with a  recent High court ruling granting the developer the right to continue building the estate. The 14085 housing units’ project, known as Malaysian Gardens, was launched by former President Olusegun Obasanjo in 2006 and is standing on 500 hectares in ...

An architect in Port Harcourt, Leonard Ladipo, has identified inconsistency in policy as the problem of development in the housing sector in Nigeria. Ladipo who came up with this while speaking with The Tide shortly after a forum in Port Harcourt recently, noted that many past administrations that formulated various housing policies never accomplished them. According to him, the housing ...

LABOUR Party (LP)  House of Representatives candidate for AMAC/Bwari federal constituency, Chief Somadina Anene, says he will support the collection of property tax in the FCT for developmetal projects. Anene, who said he would not shy away from the tax in so far as it will not be punitive and unreasonable for people to pay explained that the FCT residents can’t ...

In Warri, A noon fire on Sunday razed the top fourth floor of the Eagle Nest, the guest house belonging to the Word of Life Bible Church, Warri, Delta state founded by Pastor Ayo Oritsejafor, President, Christian Association of Nigeria (CAN). The fire, reportedly noticed at about 12:55pm following close of the second church service, took joint response by the ...

The Senate on Monday expressed dissatisfaction with sale of the confiscated property of the Managing Director of the then Oceanic Bank Plc, Cecilia Ibru, by the Asset Management Corporation of Nigeria.   The Senate said the procedure was not open. This was even as AMCON disclosed that Ibru was still owing about N16.1 billion. The Senate Committee on Drugs, Narcotics, ...

Going by a list of top innovative persons in Nigeria published on Ynaija, CEO of Lamudi Nigeria, Obi Ejimofo has been named as one of the top 100 most innovative persons in Technology in Nigeria. Obi Ejimofo is a creative and solutions-driven individual with extensive international experience in Technology, Media and Telecoms, with focus on developing compelling value propositions for ...

Chairman of Artisans and Craftsmen Training Board, Mr. Musa Mshalgaya has revealed that foreign artisans and craftsmen working in Nigeria repatriate as much as N900 billion from Nigeria every year. Mshalgaya who spoke shortly after his inauguration as chairman of advisory board of Construction Skills Training and Empowerment Programme (C-STEmp) in Abuja last week lamented that foreign artisans and craftsmen ...

Vice President, Real Estate Developers Association of Nigeria, North Central Zone (REDAN NC) Mr. Idachaba Sunday has said that elections into seven of its vacant positions is to be conducted on Friday in Abuja. The zone is made of Benue, Nasarawa, Niger, Kogi, Kwara and Plateau states. The vacant positions in the North Central Zone included vice chairman, secretary, assistant ...

In the United States alone, more than 125 million plastic bottles are discarded each day, 80 percent of which end up in a landfill. This waste could potentially be diverted and used to construct nearly 10,000, 1200-square-foot homes (taking in consideration it takes an average of 14,000 plastic bottles to build a home that size). Many believe this process could be ...