Real Estate

The Ekiti State Government has banned the Minister of Mines and Steel Development, Kayode Fayemi, from holding public office in the state for 10 years for diverting funds meant for construction. The ban followed the indictment of Mr. Fayemi by a judicial commission of inquiry which probed his tenure as governor of Ekiti State between 2010 and 2014. A white ...

The Edo State Government has served demolition notice to developers in Benin metropolis whose buildings breached the state town planning laws. Speaking to journalists at the weekend in Benin, the Commissioner for Physical Planning and Urban Development, Edorodion Oye Erimona  said the notice serves as a final reminder to those whose properties contravened the state’s laws on urban development. “If ...

Fresh facts have emerged that the Presidency has waded into the dispute between the Raw Material, Research and Development Council (RMRDC) and Standard Organisation of Nigeria (SON) over the occupation of the office premises in Lekki Phase 1, Lagos.The two agencies have been at loggerheads over the move by RMRDC to reclaim its premises. It was learnt that the Head of ...

The Rivers State Govt. on Friday restated its desire to hand over the development of housing estates in some parts of the new city currently undergoing construction to private investors. Chief Ferdinand Alabraba, the Chairman, Greater Port Harcourt City Development Authority (GPHCDA) reassured on government’s intention at the signing and hand-over ceremony of Olive Crest Estate site to Afriprops. He said ...

Edo State government has given illegal occupiers of its land ten days ultimatum to quit or forfeit their property. The Chief of Staff to Governor Godwin Obaseki, Taiwo Akerele who read the riot act stated this at the premises of Benin Technical College, Benin City, where several portions of the state’s land have been taken over by businessmen and private ...

The multi-billion naira Safetowers Estate located at Ikate, Lekki, Lagos and promoted by Safetowers Mortgage Bank Limited and Macbosh Properties Limited has run into controversy which attracted the invitation of the EFCC (Economic and financial crimes commission) following contractual disagreements between the developers and an investor. Conceived in 2013 as a 3 blocks high rise building comprising 16 units of ...

Expectations are high that the redevelopment of the Onikan stadium, Lagos would be completed by December 2018 as the contractor has fully mobilised to site to intensify the rebuilding process. Lagos State Governor, Mr. Akinwunmi Ambode had last year approved the rehabilitation and upgrade of the 5,000 capacity sports facility to meet the expectations of a 21st century infrastructure suitable ...

The Lagos State Governor, Akinwunmi Ambode, yesterday pledged to pay compensations to owners of demolished buildings to facilitate construction. The governor, who spoke at the 10th Quarterly Town Hall meeting, said he would begin the payment in the next four weeks. He added that henceforth, such displaced persons would be relocated before construction begins. He disclosed that his government would ...

The death of a construction site worker has been blamed on a lack of safety measure meant to prevent such incident. In Rivers State, Nigeria, the death of an unidentified male constructor site worker who reportedly fell off a scaffolding has produced disturbing images considered gory to the sight. According to reports, the deceased landed into a compound located beside the ...

Building is defined as any human-made structure used or intended for supporting or sheltering any use or continuous occupancy. This article attempts to list the 10 oldest extant freestanding buildings constructed in the world which are the masterpiece of the skill and handwork of the people of that era. Today we become astonished to see these wonders that in so ...