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Real Estate News

Nddc lists number of projects executed in 2 years.

NDDC

Edo State NDDC coordinator Hon Uwuilekhue Saturday has listed some projects embarked on by the NDDC under his leadership as State Rep/Commissioner in Edo for 2 years. Uwuilekhue who spoke on Tuesday in Edo State at the NDDC Stakeholders Forum themed “Peace As A Panacea For Sustainable Development In The Niger Delta Region” said there cannot be peace if the ...

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NDPHC Initiates 60% electricity distribution networks to boost power supply

NDPHC

The Niger-Delta Power Holding Company (NDPHC), says 60 per cent of electricity distribution networks in the country was conceived and constructed by the company to help improve electricity supply. NDPHC’s Executive Director, Engineering and Technical Services, Mr. Ifeoluwa Oyedele said this in an interview in Lafia. Oyedele, who spoke after inspection of ongoing construction of a 330/132/33kV transmission substation in ...

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Real estate experts task FG on practicable housing policy, others

real estate

Operators in the Nigerian real estate development industry, say that there is a need to look at the sources of financing construction of housing to make life meaningful for Nigerians and also make housing affordable for all. Director of Locke Homes Properties Ltd, Idowu Bakare, stated this on Tuesday while presenting the key to a 3-bedroom flat at the Gold ...

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Buhari denies assent to another bill

Buhari

President Muhammadu Buhari has withheld assent to another bill, the Nigerian Correctional Service Bill, bringing to 38 the number of bills declined assent by President Buhari since June 2015. This is coming just as the Senate Tuesday passed three bills namely Chemical Weapons (Prohibition) Bill 2019; Electric Power Sector Reform No. 6, 2005 (Amendment) Bill 2019 and National Board for ...

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NPA Board members decry condition of port access roads

NPA

Members of the Board of Directors of the Nigerian Ports Authority (NPA) have added their voice to the perennial traffic gridlock on the roads leading to the port in Apapa and Tin-Can Island. While assuring that the Board would continue to identify with all efforts to find a lasting solution to the problem, the members stated that they were aware ...

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Ex-labour leader advocates review of NHF, pension schemes

NHF

Mr. Nana Takai, a former labour leader, has called for a review of the National Pension Act and National Housing Fund (NHF) to ensure workers friendly policies. Takai, the immediate past National Chairman of the National Association of Nigerian Nurses and Midwives (NANNM), made the appeal at the ongoing labour workshop organised by the Federal Health Sector Institutions of NANNM ...

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Ex-minister loses bid to stop Access bank from seizing property

Access bank

The Federal High Court in Lagos on Monday turned down a motion on notice seeking to stop Access Bank from taking over a property known as Etiebet’s Place in Ikeja, Lagos. The property located on Mobolaji Bank Anthony Way is owned by a former Minister of Petroleum Resources, Chief Don Etiebet, in the name of his firm, Obodex Nigeria Limited. ...

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FAAN warns MMA2, Gombe Airport, two others to pay their debts or risk being shut

FAAN

The Federal Airports Authority of Nigeria (FAAN) has issued a notice to private and state-owned airports in Nigeria to settle their debts or be shut on May 1. General Manager, Corporate Affairs, FAAN, Mrs. Henrietta Yakubu, confirmed the development to Newsmen on Tuesday in Lagos. Reports show that the indebted airports include the Murtala Muhammed Airport 2, Lagos, operated by ...

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FCDA demolishes buildings within Dokpesi’s AIT premises

FCDA

Bulldozers from the Federal Capital Development Authority(FCDA) on Tuesday morning in Abuja demolished some buildings within the premises of the African Independent Television. Our correspondent gathered that officials of the agency came with policemen and forced their way into the premises before embarking on the demolition exercise. Some sets of buildings at the entrance of the television station located on ...

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FCTA addresses land dispute between Nigerian Army, Abuja indigenes

land dispute

The Federal Capital Territory Administration (FCTA) has waded into the lingering land dispute between the Nigerian Army and the original FCT inhabitants, appealing to both parties to sheath their swords and give peace a chance to allow the authorities continue in its efforts towards a permanent solution to the problem. While addressing the original inhabitant on Monday, the FCT Permanent ...

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