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7 Important Reasons Why You Should Invest In Real Estate

In a bid to attain financial stability, many go about searching for proper investments with their income. Real estate is one of the most robust investment options, especially in the long run. Highlighted below are 7 important reasons why you should take advantage of this robust investment option and invest in real estate. It’s as Safe as Houses  “Safe as ...

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Building collapse major problem in construction industry -NIOB

NIOB

The newly elected national president of the Nigerian Institute of Building (NIOB), Mr. Kunle Awobodu, has said that the major challenge faced by the construction industry in the country is building collapse. Awobodu said this in Port Harcourt while delivering his acceptance speech. He said the menace of building collapse has created grievous competency doubts on the Nigerian building practitioners ...

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Flood destroys major roads, submerges houses in Jigawa

Jigawa

Flood triggered by days of incessant rainfall has damaged the Guri-Adyani and Guri-Dolanzugo roads in Guri Local Government Area of Jigawa State. The roads, according to Alhaji Sanusi Doro, the area’s information officer, are important for the transportation of rice, sesame, watermelon and onions to the markets. Doro, in a statement on Saturday in Guri, (LGA of Jigawa State) said ...

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We will demolish houses accommodating kidnappers – Dapo Abiodun

Dapo Abiodun

The Ogun State Governor, Prince Dapo Abiodun has vowed to demolish houses in the state housing kidnappers and revoke their certificates of occupancy. The governor assured that with the inauguration of the reinvigorated Security Trust Fund, the full architecture for internal safety of lives and property had been fully put in place. Speaking at the inauguration of the “reinvigorated” Ogun State ...

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Pension operators invest N250.02bn in real estate

Pension

The Pension Fund Administrators have raised the amount of pension fund investment in real estate to N250.02bn, latest figures obtained from the National Pension Commission have shown. This amounts to 2.68 per cent of the total assets of the Contributory Pension Scheme, which stood at N9.32tn as of the end of June 2019. The operators had invested N229.17bn in real ...

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Encourage multinational engineering firms to employ Nigerian engineers – NSE

NSE

The Nigerian Society of Engineers (NSE) has urged the Federal Government to act in line with Executive Order 5 by encouraging more multinational engineering firms to employ Nigerian engineers. Chairman of NSE, Lagos State branch, Mr. Musliudeen Agoro, gave the advice on Sunday while speaking with the newsmen in Lagos. Reports show that President Muhammadu Buhari had, on February 12, 2018, in ...

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Nigerian real estate market is attractive to foreign investors – Afolabi Imoukhuede

foreign investors

This interview with Mr. Afolabi Imoukhuede, Senior Special Assistant (SSA) to the NG President on Job Creation and Youth Employment, Office of the Vice President addresses the lingering unemployment issue in Nigeria and how we can harness the opportunities in real estate for the benefit of the country. He also noted that the sector is very wide and attractive to ...

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Frequently asked questions about green housing in Nigeria

Green housing in Nigeria

NREH correspondent was in an interview with Professor Charles Nyangete. He is the former MD of Nigeria Mortgage Refinance Company(NMRC). In this interview, they discussed the advantages of green housing in Nigeria and some frequently asked questions by interested consumers. Please read below. NREH – What are the advantages of green housing in Nigeria? Prof Nyangete: Greenhouse is very useful ...

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Experts: Finance, land biggest impediments to housing

finance

Property developers have identified finance, land, and infrastructure among others as biggest impediments to affordable housing development in Nigeria. According to the General Manager, Building Services, Urban Shelter, Muktar Aliyu, the problems of finance, land, and infrastructure in real estate development should urgently be addressed by government. To solve the problem of finance, some of the experts, who spoke in ...

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FG separates Ministry of Works and Housing‎

Housing

The Federal Government on Wednesday 21st August 2019 unbundled the Federal Ministry of Power, Works and Housing to Federal Ministry of Works and Housing with Babatunde Fashola as Minister and Engr. Abubakar Aliyu as Minister of State respectively. The Minister of Works and Housing, Babatunde Fashola is the immediate past Minister of Power, Works, and Housing. He is from Lagos State, ...

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