Real Estate

President of the Nigeria Institute of Building (NIoB), Kenneth Nduka, has advocated that construction managers should define policies that mitigate against hazards in construction sites before commencement of physical work. Nduka who disclosed this during the 27th conference and AGM of the Lagos chapter of the NIoB that held in Lagos, noted that besides financial and corporate integrity costs, that ...

President Muhammadu Buhari yesterday in Abuja lamented that despite the huge resources at the disposal of Nigeria between 1999 and 2014, infrastructure became rotten within the same period. Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, in a statement, said Buhari made the remarks while receiving the outgoing British High Commissioner to Nigeria, Paul Arkwright, in ...

The Osu of Agwada chiefdom in Nasarawa state, Alhaji Abubakar Sadiq-Obagu, has appealed to the state government to construct Kofar Gwari/ Agwada road to boost the socio-economic activities of the people of the area. Sadiq-Obagu made the appeal on Tuesday in his palace in an interview with newsmen in Agwada. The second class traditional ruler said that the construction of ...

Housing experts have identified low income as the major reason why public servants cannot access the housing mortgage funds meant to address the housing needs of workers. The Chairman of the 2nd Nigeria Housing Finance Conference, Mr. Bassett Ekpeyong, said this while giving his opening remarks, yesterday at a conference organised by the Nigeria Integrated Social Housing Cooperative Society Limited ...

Given the weak revenue generation of the Nigerian government, the federal government has been urged to involve the private sector in the financing of infrastructure. It is estimated that about $100 billion must be invested annually to finance infrastructure development in Nigeria to close the deficit. But the weak revenue generation of the Nigerian government shows that the country cannot ...

Lagos is the most populated city in Nigeria; flocking with various kinds of people from different works of life while Port Harcourt is the home of oil boys (guys working in oil companies). Because of the status quo of the boys in Port Harcourt, people tend to rate the state of living in Port Harcourt higher than that of Lagos. ...

If you’re preparing to embark on investing in real estate for the first time, be sure to read this, it would do you a world of good. Real estate is a tricky but highly lucrative business with a lot of ins and outs that can be difficult to navigate. Getting the right information and orientation is the key. I often ...

Some tertiary institutions in Nigeria might soon get better infrastructure as the Federal Government announced its readiness to release intervention funds for 219 tertiary institutions in the country. The funds are meant to be released through the Tertiary Education Trust Fund for critical infrastructure. While listing the new tertiary institutions that would receive the funds, the TETFund Executive Secretary, Dr. ...

The Rafi Local Government in Niger says it has spent about N75 million on the construction of a 500-capacity conference hall at Kagara town. Alhaji Gambo Kagara, the Chairman of the local government council disclosed this in an interview on Tuesday in Minna. Kagara said that the projects would enhance revenue generation of the council. He said that funds realised ...

Stakeholders in the housing sector have urged the federal government to immediately work out a modality to establish a special intervention fund to take care of the housing deficit of Nigerians. They made the call in Abuja at the 2nd annual Nigeria Housing Finance Conference and Affordable Housing fair 2018 organised by the Nigeria Integrated Social Housing Cooperative Society Limited ...