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Real Estate

Experts: Finance, land biggest impediments to housing


Property developers have identified finance, land, and infrastructure among others as biggest impediments to affordable housing development in Nigeria. According to the General Manager, Building Services, Urban Shelter, Muktar Aliyu, the problems of finance, land, and infrastructure in real estate development should urgently be addressed by government. To solve the problem of finance, some of the experts, who spoke in ...

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FG separates Ministry of Works and Housing‎


The Federal Government on Wednesday 21st August 2019 unbundled the Federal Ministry of Power, Works and Housing to Federal Ministry of Works and Housing with Babatunde Fashola as Minister and Engr. Abubakar Aliyu as Minister of State respectively. The Minister of Works and Housing, Babatunde Fashola is the immediate past Minister of Power, Works, and Housing. He is from Lagos State, ...

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6 key facilities were destroyed over protest on collapsed bridge – ATBU


The authorities of Abubakar Tafawa Balewa University (ATBU), Bauchi, said on Tuesday that six movable and non-moveable property belonging to the institution were vandalized by students protesting on Aug. 5. The Deputy Vice-Chancellor (DVC), Academic of the institution, Prof. Ibrahim Danjuma, said this in Bauchi while updating journalists on the incident. The students had protested because a bridge that links ...

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Families lament victimization by land grabbers in Lagos


The family of Pa Abibu Ajibawo Oguntoyinbo of Ipaja, Lagos State has appealed to the governor, Babajide Sanwo-Olu, to rescue them from hoodlums led by an alleged land grabber, Prince Owen Adeniran. Oguntoyinbo, who is head of the family and appointed joint heads of the families of Abiola, Falola, Ilo, lamented that often times, family members had been arrested by ...

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N537m debt: Court orders forfeiture of Donald Duke’s property

Donald Duke

The Federal High Court in Lagos has ordered the Asset Management Corporation of Nigeria and United Bank for Africa to take over an Ikoyi, Lagos property of a former governor of Cross River State, Mr Donald Duke, over an alleged debt of N537,334,360.77. The court made the takeover order in an August 8, 2019 ruling by Justice Chuka Obiozor. The ...

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Court orders ICPC to unseal former Zamfara Gov’s house


Justice Taiwo Taiwo of the Abuja Division of the Federal High Court, yesterday ordered the Independent Corrupt Practices and Related Offences Commission (ICPC) to unseal a property of immediate past Governor of Zamfara State, Abdulaziz Yari located at Maitama, Abuja. Justice Taiwo who gave the order in a ruling on an exparte application filed by the former governor held that ...

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Flood: Abuja residents seek help as Dutse link bridges collapse amidst heavy downpour


Flood: The residents of Obasanjo road community in Dutsen Sagbagyi II of Bwari Area Council, Federal Capital Territory (FCT), are crying for help and immediate intervention from FCT and Bwari Area Council authorities after three bridges connecting the community to the main road (Old Bwari road), collapsed and washed away by heavy flood caused by Monday heavy downpour. Duste is ...

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Katsina State Gov. spends N6.4bn on 70 drainage projects – Masari

drainage projects

Gov. Aminu Masari disclosed this while speaking with journalists on Monday in Katsina. “The drainage projects were executed with the aim of curbing the perennial incidences of flooding across the state. “The government will continue to do all that is possible within its limited resources to ensure the provision of good drainage system in the state. “The state government will ...

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Yobe signs N10.8bn agreement for construction of 2,600 Housing Units

housing units

The Yobe State Governor, Alhaji Mai Mala Buni, and the management of Family Homes Fund have signed a N10, 830, 339, 654.00 agreement for the construction of 2600 housing units to be spread across the state. At the event which took place at the Asokoro, Yobe State House Monday, the Solicitor-General, Yobe State Ministry of Justice, Hajia Hadiza Mohammed Umar, ...

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Edo Govt to build bus terminus at Sokponba road

bus terminus

The Edo State Government has completed plans to construct a bus terminus at 3rd Junction, Murtala Muhammed Way by Sokponba Road, in Benin City, in a renewed drive to ease movement around the city. The project is being developed by the state government through the Edo State Development and Property Agency (EDPA). Executive Chairman, EDPA, Isoken Omo, in a statement, ...

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