Real Estate

The House of Representatives has expressed worries over the pace of work on the second Niger-Bridge and the completion of Abuja-Kaduna and Lagos-Ibadan road projects. The chairman, House Committee on Works, Abubakar Kabir, disclosed the displeasure of the parliament over the three projects, considered critical to federal government, at an investigative hearing organised by the committee, on Tuesday. The committee ...

A SURVEYOR, Sola Enitan, has said the real estate sector is over-regulated. He noted that regulation had its merits, a key aspect of development appraisal that gives credence to the project feasibility and viability, without which public interest may be missing and environmental sustainability endangered. He, however, frowned at what he described as over-regulation by some state governments, particularly Lagos. ...

 The National Economic Council (NEC) in a virtual meeting presided over by the Vice President, Yemi Osinbajo, on Thursday at the Presidential Villa, approved the construction of 300,000 mass housing units in all the states of the federation and the Federal Capital Territory (FCT). The project, with an average of ten thousand homes per state, would have a nationwide mortgage ...

The LASG has warned residents against some swindlers who parade themselves as agents engaged by the State Government to sell housing units in the state-owned Housing Estates to unsuspecting people. Moruf Akinderu-Fatai, the State Commissioner of Housing, gave the warning during a monthly review of the activities of the ministry on Friday. “ The general public should be wary of ...

The Legal representative to Ramon Abbass, popularly known as Hushpuppi, Gal Pissetzky of Pissetzky and Berliner has said the popular Instagram celebrity is not guilty of any of the charges levelled against him. Speaking during an interview with Forbes, Pissetzky said “Ramon Abass, aka Hushpuppi, is absolutely not guilty of all the charges they are accusing him of. “Abass was ...

A coalition of NGOs, the Rehoboth Community Advancement Initiative (RECAN), has condemned the recent invasion of the Federal Medical Centre (FMC), Lokoja, by suspected hoodlums who destroyed and carted away personal and hospital property. Hoodlums had, on July 1, invaded FMC Lokoja, during which they carried out the dastardly act. RECAN’s executive director, Mr. Abaniwo Nathaniel, in a statement on ...

The University of Jos chapter of the Academic Staff Union of Universities (ASUU) has constructed a 1,000 seater capacity twin lecture hall and donated it to the University. Speaking during the inauguration of the project on Friday at the university’s permanent site, Dr. Lazarus Maigoro, Chairperson of the union, said the project gulped N63.2 million. According to Maigoro, the funds ...

Debo Adejana is the Managing Director and Chief Executive Officer of Realty Point Limited, an astute real estate entrepreneur with specialty in Real Estate Development, Investment, Training/consultancy and marketing syndication. In this interview with The Top10 Magazine, he shares his views about the Nigerian real estate markets, the impact of covid-19 on the industry, and the need for everyone to ...

The National Emergency Management Agency (NEMA) has begun preparation for comprehensive response to impending flood as predicted by the Nigerian Meteorological Agency (Nimet) and Nigerian Hydrological Services Agency (NIHSA) respectively.  It inaugurated a special committee in Abuja, to adequately prepare, mitigate, and respond in saving lives and providing supports to the communities at risk. Members of the committee were drawn ...

The Ogun State Government on Wednesday said it had commenced palliative works in areas affected by flooding from rainfall in Abeokuta on Friday and Saturday. The state Commissioner for the Environment, Abiodun Balogun, said this at a press conference in Abeokuta. Balogun said the palliatives, which included fixing of failed bridges, clearance of waterways and dredging of the water channels, ...