Real Estate

“Mr. Babatunde Fashola, the Minister of Works, Power and Housing, on Monday, inaugurated electrical transformers in Lagos; one 15 MVA transformer, 20 operational transformers and 20 vehicles at Eko Electricity Distribution Company (Eko Disco) worth billions of naira.”- PM News Fashola inaugurated the projects shortly after the 19th Power Sector Stakeholders forum in Akangba Training School in Surulere, Lagos. The ...

According to Premium Times, the Federal Road Safety Corps, FRSC, says some infrastructural adjustments are needed in Abuja to support the proposed introduction of bicycle transport in the nation’s capital city. The Corps’ Public Education Officer, Bisi Kazeem, stated this in an interview with journalists in Abuja on Sunday. Mr. Kazeem said the plan also required amendment of the National ...

“As the market for sustainable design and construction begins to grow, stakeholders in the construction, academic and built environment have advocated increased deployment of sustainable solutions in addressing such needs, especially in emerging markets like Nigeria.”- The Guardian With industry forecasts suggesting that material demand in the construction sector will double by 2050, considering the need for affordable housing that ...

Last week Punch reported that Nigerians may start monthly rent payment going by the latest resolution between the federal and state governments on the matter. According to Punch, the clamour for the monthly payment of rent by clients in the housing sector received attention at the recently concluded sixth meeting of the National Council on Lands, Housing and Urban Development. ...

“Amid the decision of the National Council on Lands, Housing and Urban Development (NCLHUD) to impose monthly rent payment on Nigerians, experts have urged the governments to tackle the inherent problems inhibiting housing rather than delving into issues expected to heighten problems in the industry.”- The Guardian The experts, comprising estate surveyors and developers who  expressed divergent views say, the ...

“Convinced that the world’s response to global warming will define the legacy left for future generations, the Minister of State for Environment has reiterated the need to collectively address climate change and call for deeper care of the environment.” –The Guardian The minister Ibrahim Jibril made the call when a delegation from the Federal Ministry of Environment to Benue state ...

The Guardian reports that Negotiations have been concluded in Lagos for the acquisition of a N2.5 billion mixed-used development known as ‘Champion House’ situated along the Oshodi- Apapa Expressway. The deal struck between Promasidor Nigeria Limited, makers of Cowbell, Onga, Toptea and Loya Milk, and Champion Newspaper Limited, publishers of Champion is coming on the heels of efforts by the ...

Please help me. After paying for land, this company is asking me for more money. In 2015, I got a flier from a marketer for one of the real estate companies in Lagos here. The property on offer was in a good location, and the price was fair. So I showed interest by calling the marketer to give me more ...

Last week we posted an article on the most unlivable cities on earth and our darling Lagos state surprisingly came out tops on the list. Lagos was ranked the worst global city to live in after Tripoli and Damascus. In this article we take a look at the top 10 most Livable cities in the world. Whether you are looking ...

“The Minister of Transportation, Rotimi Amaechi, has disclosed that President Muhammadu Buhari ordered him and the Minister of Power, Works and Housing, Babatunde Fashola, to connect the 36 states of the federation and the Federal Capital Territory (FCT) by rail.”- Daily Post Amaechi made the revelation during the 15th National Council on Transportation, NCT, in Sokoto. He said, “The President ...