Real Estate

Nigerian Tribune reports that the Federal Housing Authority (FHA) has revealed that all feuds delaying the full kickoff of the FESTAC Phase 2 housing project have been resolved, saying the imminent commencement of the project is expected to created nothing less than four million jobs for Nigerian youths and professionals in the formal and informal sectors. This was disclosed recently ...

“The Ogun state government has unveiled its plan for corps members willing to use their service year to farm and venture into other areas of agriculture development.”- TVC News The Governor of the state, Senator Ibikunle Amosun made this known during the passing out programme of another set of corps members who have just concluded their three weeks orientation course ...

Minister of Power, Works and Housing, Mr Raji Fashola, has signed all the pending 615 applications for land transactions, mortgages, assignments and debentures. This is as a result of the delegation of authority to issue consent for land transactions. The Minister disclosed this to State House Correspondents on Tuesday adding that the letters were already being issued to the applicants. “Just ...

It is debatable that the Nigerian Land Use Act of 1978 has not absolutely transferred ownership of land to the Governor of states in Nigeria. In this article, we look at the trend of  Land Acquisition by host Government. It is argued that the citizens have no rights or interest over the land in the country beyond their occupation because ...

Though not every Lagosian can afford to live in self-contained apartments, Mini flats, 2 bedroom and 3 bedroom flats, but there’s always an option for those who can’t deal with the exorbitant price charged as rent by Lagos Landlords. In this article we address the presence of untold conflict amongst tenants who live in tenement buildings in Lagos. Low income ...

All Africa reports that Federal Capital Development Authority, FCDA staff Mr Ehimony Joshua has denied demanding N35 million each from 15 allotees of 206 hectares of land in Kyami District Abuja. Joshua, who is of Legal Services Secretariat of the FCDA was accused during a public hearing of the Senate Committee on FCT by three out of the 15 allotees. ...

Gov. Godwin Obaseki of Edo says said on Monday that his administration would upgrade facilities in state-owned media houses, to enable them to meet with the technical challenges of the digital era. The governor gave the assurance when he paid an unscheduled visit to the corporate headquarters of the Edo Broadcasting Service (EBS) and the Nigerian Observer, publishers of the ...

“Minister of Power, Works and Housing, Babatunde Raji Fashola, has warned electricity distribution companies to desist from estimated billing, noting that, “The Discos have the obligation to meter their customers.”- PM News ”They must provide them with meters for effective metering before charging them.” The minister spoke in Kano during the 18th monthly power sector and stakeholders meeting. He said ...

The Nation reports that in Ado-Ekiti, Ekiti State Chief Magistrates’ Court, has remanded a 31-year-old man, Lamidi Alaba, in prison custody for alleged N350,000 land fraud. Police prosecutor Caleb Leranmo told the court the accused committed the offence on June 23 at Ajebamidele in Ado-Ekiti. He alleged the accused obtained N350,000 from Falana John under the pretext of having a ...

The award-winning African Real Estate & Infrastructure Summit comes to Gauteng in October to gather leading built environment and property professionals, architects, project developers, investors, town planners, and city and municipal managers from all over the continent to focus on “Developing Future African Cities”. “Over the next 20 years, growth in Africa’s urban population will increase the demand for more infrastructure, including ...