Real Estate News

ADO-EKITI – Anyone who erects structure illegally on government land will risk losing such property. The Ekiti State Government handed down the warning on Tuesday, noting that some unscrupulous individuals have encroached on land already allotted to public schools. The state government said the affected individuals should be ready to forfeit such illegal structures to government without any compensation. Ayodeji ...

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned an estate agent, Raymond Ikhazuangbe for allegedly selling a house kept in his care for N20.5 million. The Commission, in a five-count charge before Justice Hassan Babangida, of the High Court of the Federal Capital Territory, Jabi, Abuja, accused Ikhazuangbe of dishonestly selling a property located in Gwarinpa, ...

The Minister of Transportation Mr. Rotimi Amaechi has said the federal government hasn’t secured the necessary funds to commence the linking of the major cities by rail. The minister also said the FG is willing to welcome investors that will volunteer to muster capital to invest in Nigeria’s railways. Mr. Amaechi disclosed this yesterday during the 2019 Budget Defence before ...

11Plc, formerly known as Mobil Oil Nigeria Plc, has said it renovated two building structures consisting 21 classrooms at Baptist Primary School, Marine Beach, Apapa Local Government Area, Lagos State, as part of its corporate social responsibility initiatives in its host community. The company said the multimillion-naira infrastructure upgrade was embarked upon as part of its cardinal programme of giving ...

The Bayelsa Command of the Nigeria Security and Civil Defence Corps (NSCDC) on Wednesday restated its commitment to its core mandate to protect critical national assets. Mr. Pedro Ideba Pedro, Commandant of the NSCDC in Bayelsa, restated the commitment when he led officers and men of the command to evict some illegal occupants at the defunct NITEL building in Yenagoa. ...

The Chairman of a leading property development and management company, Urban Shelter Limited, Malam Ibrahim Aliyu, has said the potential for housing in Nigeria will not be realized until the current mortgage rate is brought down below 10 per cent Malam Aliyu stated this during a courtesy visit on the company in Abuja recently by officials of Media Trust Limited, ...

CHAIRMAN, Nigerian Society of Engineers (NSE), Ibadan branch, Adedamola Falade-Fatila, has bemoaned the rate at which cases of building collapse are being witnessed in the country. Falade-Fatila expressed his displeasure while briefing journalists on the programme of activities lined up for the 2019 engineering week celebration of the society in Ibadan. He noted that reported cases of building collapse had ...

The real identity of the man electrocuted in Nasarawa has been revealed and the victim who was earlier reported to be a staff of the Abuja Electricity Distribution Company AEDC is neither a staff nor affiliated with the Power company. Abuja Electricity Distribution Company, AEDC has brought to our attention inaccuracies surrounding an electrocution accident which happened in Nasarawa recently. ...

The national president of the Building Collapse Prevention Guild (BCPG), Akinola George, revealed this in Lagos on Monday, March 25 He said that this is majorly caused by half-baked development who often use faulty construction designs Akinola George, the national president of the Building Collapse Prevention Guild (BCPG) on Monday, March 25, urged the federal government to deal with the ...

Ahead of the World Bank’s opening session on Land and Poverty Conference 2019, it has been revealed that most women in the world are not able to proclaim equal land and property rights in spite legal protections. Members of a new global campaign warned formally before its launch on Monday that “women in half of the countries in the world ...