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Where to invest N250,000 right now

invest

To invest can be difficult for people who are barely able to get by on their salaries, especially in a country like Nigeria with a high rate of inflation and a currency that is susceptible to devaluation. The typical Nigerian is struggling to make ends meet. In 2021, the national minimum pay for federal employees in Nigeria was set at ...

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Why cement price is highest in Kano, Lagos markets

cement

Despite the closeness of plants to Lagos, cement prices are shooting beyond the roof in reaction to price hike by the manufacturers recently. While the producers have blamed the increase on the high exchange rate, cost of spare parts and other logistics, builders and other prospective homeowners are worried that they are not enjoying the benefit of nearness to raw ...

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Stakeholders query FG’s costly housing prices nationwide

housing prices

Amid growing public concern over housing prices introduced by the Federal Government under the National Housing Programme (NHP), private developers have picked holes in the scheme. They argued that the programme is not affordable, justifiable as it is beyond the low-income earners and may breed corruption among civil servants. They said the government should concentrate on making policy than engaging ...

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BuyLetLive is the Real Estate Company You Need!

BuyLetLive

Finding a real estate property in Nigeria is a herculean task. This is even more relatable for people in major cities across the country, where the demand far outweighs the supply. First, you have to find the time out of a cramped schedule to go inspecting. Then there are the issues of non-responsive agents whose listings are not available on ...

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Globacom to Rehabilitate Ota-Idiroko Road

globacom

Nigerian multinational telecommunications company, Globacom Limited, commonly known as Glo, will reconstruct the 64 kilometres (km) Ota-Idiroko road in 2022. The Minister of Works and Housing, Mr. Babatunde Fashola, confirmed this development in a statement issued on Wednesday. He explained that the road would be rehabilitated by the company under the federal government’s tax credit scheme, adding that the contract, ...

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History of Bodija, the first housing estate in Nigeria

Bodija

The first Housing estate in Nigeria was the Bodija Housing Estate, Ibadan. The Ibadan Housing Estate was birthed in 1959 when the regional government decided to increase the number of modern houses available in the city. The Estate was built on a 400-acre of land in the area known as Bodija. At the time, the location of what is now ...

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Groups Propose Bill To Address Housing Deficit In Lagos

housing deficit

Heinrich Boll Stiftung, (HBS) Nigeria and Arctic Infrastructure are proposing the Mixed-Income Housing Model as a strategy to address the housing deficit in Lagos and to ensure availability of adequate and affordable housing to low and middle-income earners in the State. The organizations, through a draft bill, titled ‘A Bill for Mixed-Income Housing development in Lagos State’, want to contribute ...

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Nigeria doesn’t have 22m housing deficit –Fashola

housing deficit

The Minister of Works & Housing, Mr. Babatunde Fashola, has put a lie to the stereotype that the country has 17 million or 22 million housing deficit. According to Fashola, who debunked the claim Friday at Lafarge Africa Plc quarterly webinar-Concrete Ideas-, there is no proven record or data to support that claim. Speaking on its theme, New Solutions for ...

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Tax credit: FEC awards N309.9bn road contracts to Dangote

tax credit

The Federal Executive Council on Wednesday approved the award of a contract to Dangote Industries for the construction of five roads totaling 274.9 km at the cost of N309.9bn to be advanced to the company as tax credit. Minister of Works and Housing, Babatunde Fashola, disclosed this while briefing State House correspondents after the Federal Executive Council meeting presided over ...

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