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Real Estate

FMBN constructs 985 housing units in Enugu at N2.8bn

housing units

Mr. Ahmed Dangiwa, the Managing Director, Federal Mortgage Bank of Nigeria (FMBN), says the bank has so far expended N2.8 billion on construction of 985 housing units in Enugu State. Dangiwa said this on Monday in Nsukka, Enugu State during the groundbreaking ceremony of the National Affordable Housing Project at Nsukka. He said that the housing units were located in ...

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Expert Opinion: The Relevance of a Survey Plan In Nigeria  

survey plan

Some people like to ask ‘what exactly is the relevance of a survey plan?’. A survey plan’s primary purpose is to prove the identity of a land which comes handy when a dispute ensues. A survey plan becomes of utmost importance for any success to be attained in any land suit. A plaintiff seeking for declaration of title to land ...

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LASG to sanction 20 LAGESC officers for assaulting residents

LAGESC

The Lagos State Government has directed that officers from Lagos State Environmental Sanitation Corps (LAGESC), who were reportedly involved in a street combat in Ilasamaja area of Isolo, Lagos, Southwest Nigeria, putting the state government in bad light, should be brought to book by facing the consequences of their actions. In a video circulating across social media, the officers, about ...

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Experts call for team work in building, construction sector

building

Some experts in the building, construction industry on Friday called for collaboration among professional bodies and operators for effective delivery of housing projects in the country. The experts made the call at the ongoing Nigeria BuildExpo 2018 in Lagos. According to them, with teamwork, the operators in the industry would achieve effective project delivery as well as eliminate quackery in ...

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Operators move to invest N8trn pension assets on infrastructure

Pension Operators

Pension operators have advocated that the Federal Government invest the over N8.33trillion pension assets into viable infrastructure projects. The pension operators have also said they want such investments to be well-structured and creditworthy. The President, Pension Fund Operators Association of Nigeria (PenOp) Mrs. Aderonke Adedeji, said at a retreat for legislators in Calabar, that for the first time Nigeria can ...

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Edo governor approves 50% discount on Land use charges

land use charges

In consideration of requests made by property owners in Enugu and in consonance with its commitment to the wellbeing of the people, the Ifeanyi Ugwuanyi Administration has approved a 50 percent discount on accrued land use charges in Enugu State. Briefing newsmen on the outcome for the State Executive Council (EXCO) meeting, the Commissioner for Enugu Capital Territory Development Authority ...

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Nigeria needs $1 trillion to modernize energy infrastructure

energy infrastructure

Nigeria will need as much as $1 trillion modernize its energy infrastructure, Vice President Yemi Osinbajo said Thursday in Abuja. While speaking at the National Energy and Climate Change summit held at the Presidential Villa, Osinbajo said “huge investment of about one trillion US dollars required to modernize our energy infrastructure in twenty-nine years between 2014 and 2043.” Osinbajo, who ...

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Court validates Buhari’s Executive Order to seize properties linked to corruption

executive order

The Federal High Court, Abuja on Thursday held that President Muhammadu Buhari’s Executive Order 6 is in line with the 1999 Constitution. The judge, Ijeoma Ojukwu, made the pronouncement while delivering judgment in a suit filed by two lawyers; Ikenga Ugochinyere and Kenneth Udeze, challenging the legitimacy of the order. Mrs. Ojukwu held that it was within the powers of ...

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Residents panic as 51-year-old Taraba bridge collapses

Taraba bridge

Chaos in the early hours of Wednesday following the collapse of the major Taraba bridge at Peva, which linked Wukari and Takum towns in the state. Takum is the hometown of a former Minister of Defence and Former Chief of Army Staff, Gen. Theophilus Danjuma. An eyewitness, Mr. Torsaa Chieve said the collapse of the bridge followed a heavy rain ...

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Man fights mother-in-law over his late wife’s property

mother-in-law

A widower, Isah Sulaiman, has sued his mother-in-law at a Magajin Gari Sharia Court in Kaduna, over his late wife’s inheritance. Sulaiman told the court that his mother-in-law, Khadija Ibrahim, had allegedly confiscated his late wife’s inheritance meant for his children. The plaintiff is asking the court to compel the respondent to hand over the documents of his late wife, ...

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