Real Estate News

The Executive Director, National Water Resources Institute, (NWRI), Professor Emmanuel Adanu, has called on government to focus more on preventing disaster than managing it in order to save human, material and financial resources. Addressing a stakeholders meeting for development of appropriate infrastructure on Flood Marks organized by NWRI in Kaduna on Tuesday, Adamu said flood is a natural phenomenon that humans ...

Borno State Governor Babagana Zulum has launched a 400 units housing project in Mafa local government area of the state. The Governor, shortly after day’s tour across some LGs, returned to his hometown of Mafa, where he laid the foundation for 400-housing units located at Ajiri. He also flagged off the distribution of agricultural inputs to the IDPs in the town. ...

The Lagos State Public Works Corporation (LSPWC) says it has begun full-scale repair and rehabilitation of major roads across the state in fulfilment of the ‘Executive Order on Zero Tolerance’ for potholes as declared by Governor Babajide Sanwo-Olu. The LSPWC General Manager, Engineer Olufemi Daramola, who disclosed this yesterday during an inspection tour of the ongoing rehabilitation of Iju Road, ...

The Organised Private Sector on Tuesday called for urgent infrastructure development at the Lagos ports. It said Nigeria had lost about N6 trillion across the different sectors due to the Apapa gridlock. The OPS, under the aegis of the Nigeria Employers’ Consultative Association, said this at its 62nd Annual General Meeting in Lagos that there was an urgent need for ...

Traditional rulers from communities in Ezza North and Ezza South local government areas of Ebonyi State, yesterday, said some youths who reportedly petitioned and protested the building of an international airport in Ezzaland, are not from Ezza clan. Some people were said to have protested the resolution of Governor David Umahi to construct an international airport in Oriuzor, Ezza North ...

Jos building collapse: Twelve people have been confirmed dead after a three-storey residential building collapsed following torrential rain in Jos, Plateau State. The figure was confirmed on Tuesday evening by NEMA’s Head of Rescue Operations, North Central, Mr. Nurudeen Musa. Nurrdeen said bodies of four female, eight male persons have been recovered from the rubbles. He added that four other ...

The Lagos State Government(LASG), on Tuesday, pledged its commitment to mass housing delivery, in spite of the setbacks caused by vandals to some of its ongoing housing projects. Mr. Wasiu Akewusola, Permanent Secretary, Lagos State Ministry of Housing, made the pledge during his inspection of ongoing projects in Ibeshe, Igbogbo, Agbowa, Odo Onosa and Ayandelu in Ikorodu area of the ...

The Federal Road Safety Corps (FRSC) has advocated continuous improvement in the condition of Nigerian roads to enhance safety on the highways. Corps Marshal, Mr. Boboye Oyeyemi, made the appeal in the Corps’ Road Traffic Crash Report for the month of April, which was released in Abuja, on Monday. Oyeyemi said the call had become imperative due to the rising ...

Premium Steel and Mines Limited have urged Nigerian builders and civil engineers to encourage the local industry by using steel products manufactured in the country. The Chief Executive Officer, PSML, Prasanta Mishra, who made the plea at the presentation of some finished products of the one million tons per annum rolling mill to a group of businessmen, said the steels ...

Amid paucity of funds and advances in technology sweeping across most industries on a global scale, operators in the Nigerian real estate sector are adopting the concept of crowdfunding, as an inevitable source of funding project. The industry described by experts as capital intensive has overtime been badly impacted by inaccessibility to land, stifling mortgage systems, difficult land titling procedures, ...