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Abandoned FG properties across the nation valued at N230bn – Reps

abandoned properties

The Chairman of the committee, Ademorin Kuye, said this on Tuesday at the committee’s inauguration in Abuja. “The figure is a conservative estimation carried out by the Nigerian Society of Engineers (NSE) on the abandoned properties located in Lagos, Ibadan, Enugu, Port Harcourt, Kano, Kaduna and other cities,” he said. He recalled that on March 12, the House of Representatives ...

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Experts propose three-month processing time for NHF loan

NHF loan

NHF loan – As the Coronavirus pandemic (Covid-19) ravages the world with its impact on economy and wellbeing of individual households, experts in real estate are seeing declining liquidity and prioritisation of consumption as major factors that may affect activities in the industry. They also proposed a three month processing time for the National Housing Fund (NHF loan) to ease ...

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Lagos Begins Construction Work On Creek Road, Apapa

Lagos

LAGOS – To maintain an effective transportation system across the Lagos Metropolis, the Lagos State government has announced the temporary closure of Creek Road, from Mr. Biggs to Warehouse Road junction, in Apapa from Friday, May 8, 2020, to Friday, May 15, 2020, for the resumption of the on-going construction by HITECH. A statement issued at the weekend by the state ...

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Fayemi: Lockdown Won’t Affect Projects Execution in Ekiti

Fayemi

Ekiti State Governor, Dr. Kayode Fayemi Saturday disclosed that the decision of the state government to enforce the COVID-19 guidelines and regulations would not affect the execution of projects in any part of the state. Fayemi gave the assurance while inspecting ongoing projects at College of Agriculture and Technology, Isan Ekiti; Ado- Iyin road and waterworks project, among others. He ...

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FMBN MD Donates N43m Foodstuffs to Katsina Residents

FMBN

The Managing Director (MD) of the Federal Mortgage Bank of Nigeria (FMBN), Mr. Ahmed Musa Dangiwa, has donated N43 million worth of foodstuffs and other consumables to residents of the three senatorial districts of Katsina State. The food items donated, which included 1,064 bags of millet and 720 bags of rice, were distributed to the less privileged in the 34 ...

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Kaduna creates temporary markets in schools

Kaduna

The Kaduna State Government on Monday announced the closure of all major markets. It said the move was aimed at preventing the spread of COVID-19 in the state. The Managing Director of the Kaduna Market Development and Management Company, Hafiz Bayero, stated this at a press briefing in Kaduna. Bayero said the closure of the major markets and the operation ...

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COVID-19: Lagos govt. calls for adherence to housing construction guidelines

COVID-19

The Lagos State Government has urged contractors and other professionals working on its various housing projects to adhere strictly to the COVID-19 operational guidelines for construction sites in the state. The state’s Commissioner for Housing, Mr. Moruf Akinderu-Fatai, made the appeal in a statement by the ministry’s Spokesperson, Adeola Salako, on Tuesday in Lagos. Akinderu-Fatai said that all contractors and professionals ...

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