Real Estate News

A legal practitioner and notary public, Mr. Godwin Imakhai, who was hired by First Bank plc to perfect a purported tripartite mortgage agreement allegedly entered between the bank and Whiteplains British School Abuja, has distanced himself from the documents. Imakhai who was summoned by the Hon. Uzoma Nkem Abonta led House Committee on Public Petitions told the committee at the ...

The Fiscal Responsibility Commission (FRC) says the ongoing Lagos-Ibadan standard gauge rail project has met the agency’s mandate of ensuring value for money and expected to be completed according to standards. Ibrahim Dauda, Director of the Audit Department, FRC, made the assertion during an inspection conducted by the agency’s team on the project in Lagos. Reports show that the FRC’s ...

The effect of building collapse on Nigeria economy has taken a toll on both lives and property of the citizens. Aside from the trauma, the devastating effects on property are better imagined than beheld. Speaking on the menace of building collapse in the country, the Standard Ogranisation of Nigeria (SON), said about 3,210 persons were killed and property worth N4.5 ...

A mother of two, Firdausi, on Monday, dragged one Asiya, her neighbour to a Sharia Court l, sitting at Magajin Gari, Kaduna State for assault and threat to her life. The complainant, who resides at Abuja road by Oriokpata area in Kaduna State, told the court that  her neighbour, Asiya had on April 7, attacked her on her return from ...

Authorities of the Obafemi Awolowo University (OAU), Ile Ife, Osun State have cautioned members of the public to be wary of land grabbers who encroach its property and sell to people. Besides, the university allayed fears that its dam was allegedly poisoned with chemicals by those who encroached on its land, insisting that the dam had been made wholesome for ...

Real Estate Entrepreneur, ‘Debo Adejana shared his view about the new national housing fund bill passed into law by the National assembly on February 18th, 2019. He commends President Buhari for no assenting to the bill. He said “Going through the Deloitte report that I read about the bill, while I commend the National Assembly for giving consideration to ways ...

The Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN, Monday undertook an inspection tour of three Housing projects in Gwagwalada and Zuba in the Federal Capital Territory, restating the commitment of the Federal Government to Housing as the construction ecosystem for mass employment and economic prosperity in the country. The Minister, who visited the Federal Mortgage Bank of ...

A 9-year-old boy, Abdulrahman Isah of Gwandu road Kaduna on Tuesday appeared before Sharia Court ll at Magajin Gari, Kaduna along with three others over alleged assault. The complainant, Maryam Sani, told the court that Isah alongside Asmau Abdullahi, Aisha Abdullahi and Huraira Abdullahi of Jos road, Kaduna attacked her in her house and destroyed her properties. “I had problem ...

There has been a breakdown of some machines belonging to the contractor handling the Lagos-Ibadan rail project, China Civil Engineering Construction Corporation. Nigeria’s Transportation Minister Rotimi Amaechi said this on Monday during an inspection of the project. According to Amaechi, the contractor said the breakdown was due to the pressures from the government for completion of the project earlier than ...

One person has been confirmed dead with four others sustaining serious injuries in a fresh clash between Soldiers and Abuja natives over land dispute in Tungan-Maje in Gwagwalada Area Council of the Federal Capital Territory. One of the Community Leader, Malam Tanko Sani, confirmed the death of one of the natives, a student, Hamas Usman during the clash on Tuesday ...