Real Estate

PORT OPERATORS – The planned closure of the Marine Bridge and Wharf Road in Apapa, Lagos concurrently from next week will spell doom for the nation’s seaports. Dangote A.S. recently announced plans to close both sides of the Wharf Road inward and outward Apapa, while the Federal Ministry of Power, Works and Housing also announced plans to shut the Marine ...

The construction of National Housing Projects is really exiting traders and suppliers that are involved in the construction of the projects as they said that the on-going projects had ratcheted up their well-being since its commencement Speaking with journalists, a representative of the workers, George Mataga, stated that the host community had benefitted considerably from the project. He added that ...

The House of Representatives Committee on Works on Thursday stated that strengthening the Council for the Registration of Engineering in Nigeria (COREN) to eliminate quackery from the profession informed the National Assembly’s decision to amend the Establishment Act. Speaking to journalists in his office in Abuja, the committee Chairman, Honourable Toby Okechukwu (PDP, Enugu), said: “the Act as it is ...

The Senate Thursday rated the implementation of the N1.5 trillion National Social Investment programme low. The upper chamber said that from all indications, it is obvious that Nigerians were not feeling the impact of the programme. It cautioned that the National Social Investment programme was gradually going the way of the disbanded Subsidy Reinvestment and Empowerment Programme (SURE-P) of the ...

The blockade of access roads in Lagos, Nigeria’s major commercial city continues unabated, as the Mile 2 axis of the Oshodi-Apapa Expressway was for a better part of Thursday, locked down. This caused total traffic gridlock on the road. Motorists were seen diverting to various routes alternative to the expressway, but the alternatives were no better, as several vehicles got ...

Residents of Fagbile Estate, Isheri Ijegun Road, a suburb of Lagos, have fled their homes as a result of a vandalised pipeline which spilled its content in the area. One of the residents disclosed on condition of anonymity, on Thursday in Lagos that she was woken up by the smell of fuel from the broken pipeline. According to her, she ...

LAGOS – One major index of social change and development today, especially in Africa, is infrastructure development as particularly epitomized by the construction of roads and bridges. No nation can boast of having achieved development if a large percentage of her roads are impassable. Infrastructure development is critical to achieving human capital development in any society. The economic impact that ...

The Real Estate Development Association of Nigeria (REDAN) has honoured its pioneer president, Dr Lateef Jakande; Federal Mortgage Bank of Nigeria (FMBN) and former board chairman of FMBN, Prof. Akin Mabogunje for their meritorious contributions towards the growth and development of the housing sector. REDAN is the umbrella body of the organised private and public sector responsible for housing development ...

Governor Nasir el-Rufai of Kaduna State, yesterday, said the state needs $95.5 billion to address infrastructure challenges for the next 30 years. Gov. Nasir-El-Rufai He spoke at the third edition of the Kaduna Investment Forum where the former President of Tanzania, Dr. Jakaya Kikwete, called on African countries to create conducive environment to entice investors to the continent. According to ...

Property worth  millions of naira in both residential and public buildings in Ilorin, Kwara state were destroyed by a late Tuesday evening rainstorm accompanied by a windstorm. Affected areas in the metropolis included Ibrahim Taiwo Road, Adewole, Alore, Oloje, Ogidi, Gaa-Akanbi, Okolowo, River Basin and Zango communities, just as the state capital had experienced power outage since Tuesday evening. It ...