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Real Estate

Onitsha Building collapse: Panel submits reports

Onitsha

The Panel of Inquiry on Collapsed Building in Onitsha has submitted its reports to Governor Willie Obiano, at the Governor’s Lodge, Amawbia. It would be recalled that the ten-man Panel of Inquiry was inaugurated by the Governor on the 3rd of June, 2019, at the Exco Chamber, Awka. The panel was charged to investigate the circumstances surrounding the collapse of ...

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FG to deploy solar panels on buildings

public buildings

The Ministry of Science and Technology says it will play a leading role in resolving the nation’s perennial power crisis through the deployment of solar energy in public buildings. Minister of Science and Technology, Dr. Ogbonnaya Onu, who said this in Abuja on Monday at a press briefing, added that the ministry was tapping into various forms of renewable energy, ...

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FG beats vandals, redesigns manhole covers

manhole

To beat vandals of manhole covers and improve road safety, the Federal Ministry of Works, Power, and Housing, has introduced heavier manhole covers that will be difficult to remove. The Federal Controller of Works in Lagos State, Adedamola Kuti, made the disclosure in an interview in Lagos on Sunday. Kuti regretted that vandals frustrated various government efforts by stealing manhole ...

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Chinese company to set up cement plant in Nigeria

Chinese company

Chinese company specialized in the production of building materials, Sinoria FABCOM, has announced plans to float a fiber cement board factory in Nigeria. According to the company’s Deputy General Manager, Jackie Dai Hui, the decision to invest in this new venture was as a result of the success it had recorded in the production of stone coated roofing sheets in ...

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Fashola moves to make abandoned, ongoing FG projects top priority

Fashola

The unbundling of the Ministry of Power, Works and Housing into two separate ministries: power and works and housing, has thrown bigger challenges for the returning Minister of Works and Housing, Mr. Babatunde Fashola, who is now faced with the timely completion of ongoing and abandoned projects across the country.  Reports show that the present administration at its inception in ...

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Experts discuss strategies for sustainable real estate growth

To achieve sustainable growth in the nation’s real estate sector, stakeholders have listed ways in which the industry could overcome its temporary setbacks. They noted that the sector is still recovering with a contribution to the national Gross Domestic product staggering between one and two percent. According to them, the development of a modern mortgage system and appropriate technology in ...

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Ondo govt begins road construction in Akok

road cosntruction

The Ondo State government on Monday said it had started construction of the 29 kilometre OkeAgbe-Irun-Afin-Ese-Ogbagi Road in Akoko Northwest area of the state. Saka Yusuf-Ogunleye, Commissioner for Works and Infrastructure, made this known in Okeagbe Akoko during a meeting with the traditional rulers in the local government. The commissioner noted that Governor Oluwarotimi Akeredolu was committed to moving the ...

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Govt. to provide 1000 housing units for low-income earners

Funds

The Board Chairman of the Imo State Housing Corporation (ISHC), Hon. Raymond Emeana, has stated the readiness of the state government to provide affordable housing for the middle class and low-income earners in the state. Emeana, who spoke in Owerri while inaugurating various task and fact-finding committees set up by the corporation, recently, revealed that the state governor, Emeka Ihedioha, ...

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Real Estate Collaboration: Sharing Versus Keeping the Edge

Small businesses and real estate investors are discovering that the new business landscape demands a ‘share or die’ mentality. However, when is it smart to participate in real estate collaboration efforts and when is it more beneficial to keep information to yourself? Several articles have been published on sharing and real estate collaboration. Recent developments in social media have made ...

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