Real Estate

Estate surveyors and valuers in the country plan to hold a forum on how the country can reduce its housing deficit through effective mass housing delivery. The forum, known as the 6th National Housing Summit, and scheduled to hold in Abuja on October 8 and 9, is being organised by the Faculty of Housing, Nigerian Institution of Estate Surveyors and ...

Property owners trying to sell their properties in flood-hit parts of the country are yielding to pressure to drop prices as demands for homes in some of the affected locations have reduced drastically. After weeks of flooding in major cities, especially in eight states, some houses have been submerged in water, forcing the occupiers and tenants to vacate the areas. ...

The rapid expansion of regional and international trade underscores the need for significant investments in port and logistics infrastructure as gateways for African exports, Chief Executive of Maritime and Port Authority of Singapore, Mr. Andrew Tan has said. Tan stated this while addressing delegates and stakeholders at the just concluded African Maritime Administrations (AAMA) Conference held in Sharm El Sheikh, ...

The Federal Government has called on the 36 State Governments to use Public Private Partnership (PPP) model to improve public service delivery and infrastructure in their respective states. The acting Director-General, Infrastructure Concession Regulatory Commission (ICRC), Mr. Chidi Izuwah, made this call in Abuja on Thursday at the launch of the 2018 Nigeria PPP Network (NPPPN). The theme was “Accelerated ...

Flood wreaked havoc in Ilorin Township on Wednesday as over 200 residential houses were submerged with hundreds of victims displaced and rendered homeless. The most affected areas are Aduralere and lsale Koko communities in the llorin East local Government area of the state. Reports show that hundreds of residents of the affected communities are now taking refuge in Churches, Mosques ...

Nigeria’s power sector has struggled to sustain an average daily power supply of 3,761 megawatts (MW) within the first nine months of 2018, according to a performance trend data obtained from the office of the Vice President, Prof. Yemi Osinbajo. The power sector also lost N381 billion during the period under review as a result of high frequency resulting from ...

Apparently determined to make government infrastructure live out their lifespan, the Federal Housing Authority, (FHA) has finalized plans set up a facility management agency that will be charged with the maintenance of roads and other social infrastructure in federal housing estates nationwide. Speaking with a news agency, the Managing Director of FHA, Prof. Mohammed Al-Amin, recently in Abuja said that ...

The Federal Government has insisted that the contractors handling the construction of new Lagos-Ibadan standard gauge rail line, China Civil Engineering and Construction Corporation, must employ more professionals, especially Nigerian engineers, and other workers. This will not only ensure the timely delivery of the project in December this year as promised but facilitate smooth transition and operation of the rail ...

Landlords in Nigeria believe they are the lord and saviour of their tenants so they do whatever they want and whenever they want it. We have heard the case of a Landlord that removed his tenant’s roof, threw out his properties before he came back from work. This question was birthed as a result of the different crazy scenarios we ...

Real estate Operators under the aegis of Africa Real Estate Society (AFRES) have hailed the contributions of Chairman of Dangote Cement Plc Aliko Dangote in lessening the burden of unemployment through his contributions to the real estate sector of the African economy. They called on African leaders to encourage him to do more by obliging him the necessary cooperation to ...