Real Estate News

Minister of Power, Works and Housing, Babatunde Fashola has supported the National Housing Fund bill passed by the federal parliament against a recent veto by the President Muhammadu Buhari. The bill was rejected on the 19th of March, 2018. In a letter addressed to the Senate President, Buhari highlighted the reasons for declining assent to the bill which include: “The ...

No fewer than 285 persons have been rendered homeless by rainstorm that destroyed at least 48 houses in Mangu Local Government Area of Plateau. It was reported on Wednesday that the incident, which occurred on Tuesday evening, has become a source of concern to both the State and Local Governments. The residents of Toghomwol-Bungha community in Mangu were most hit. ...

A businessman, Tosin Salako, has crushed a property agent, Akinola Ademola, to death in the Kola area of the Ifako-Ojokoro Local Council Development Area of Lagos State, off the Lagos-Abeokuta Expressway. Newsmen gathered that tragedy struck when the 45-year-old Salako, who drives a Camry car with number plate MUS 335 FJ, lost control of the vehicle while struggling for space ...

Justice O Harrison of the Lagos State High Court, Igbosere has fixed May 20, for Case Management Conference (CMC) in the suit filed by Chisco Transport Nigeria Limited (CTNL) against a family over the right to property. The transport firm is currently in a legal battle with a family over right to a property situated at No 6, Ikorodu Road, ...

The Bodo City Diaspora Resettlement Fishermen Association (BCDFA), in Rivers State, has dragged Julius Berger Nigeria Plc to court, demanding the sum of N500 million for damages over the blockade of its fishing channels. Julius Berger is the contractor handling the construction of the N120.5billion Bodo/Bonny road and bridges projects, which traverse the entire Bodo City in Ogoniland up to ...

The people of Esanma community in Bomadi Local Government Area of Delta State have called on the management of Niger Delta Development Commission, NDDC, to speed up payment of compensation to them. It was earlier reported that NDDC through a hired valuer firm, Chris Oghene Omoru & Co, in 2018, paid compensation to communities along the Bomadi-Gbaregolor-Esanma- Akugbene-Gbekebor ongoing road ...

A Mararaba Upper Area Court, Nasarawa State, on Tuesday ordered that 41-year-old Ako be remanded in prison, for allegedly stabbing his neighbour with an iron rod. The Judge, Ibrahim Shekarau, ordered that the defendant is remanded in Keffi Prison, pending further order of the court. Ako, who resides at Criss Park, Mararaba, Nasarawa State, is charged with assault and causing ...

A wild fire on Tuesday razed down parts and offices of the Katsina State-owned Umar Musa Yar’adua University, destroying some parts of the buildings including some section of faculty of Education, the office of Head of library and information Science department in the faculty, others include the examination office and some lecturer’s rooms. The cause of the Fire outbreak is ...

The Federal Inland Revenue Service (FIRS) has been authorised by an Abuja-based Federal High Court, to sell two landed properties belonging to tax debtors. The tax debtors are Tradecraft Nigeria Limited and Zaibadari Company Limited. Together, they owe the Government a total of N35.9 million. About the case Specifically, Zaibadari Company Limited is owing N18.8 million in tax debts, just ...

Some residents of Ijebu-Ode have commended the Ogun government for rehabilitating some roads in the community, saying this had eased free flow of traffic. Speaking with Newsmen on Monday in separate interviews, some of the respondents described the initiative as timely in spite of the fact that the tenure of the Ibikunle Amosun-led administration was rounding off. Reports show that ...