Real Estate

According to Daily Post, the Federal Ministry of Power, Works and Housing has announced that Julius Berger Nigeria Plc has finally suspended work on the Lagos-Ibadan Expressway. It said the development was not unconnected with delays in the payment of agreed contract fees for work already done. Checks have shown that the contractor handling the reconstruction and expansion works on ...

Do you know that the Oldest Surviving Kingdom in the World is Great Benin Kingdom and is 2054 years Old? This piece reveals 30 amazing facts you never knew about the Great Benin Kingdom The Great Benin Kingdom is probably Nigeria’s greatest empire. The Ogiso dynasty lasted for about 854 years plus an interregnum of 285 years between the reign ...

“Except urgent measures are taken to encourage the use of local building materials, the construction industry will remain in doldrums, stakeholders have said.”- The Nation They spoke at the ninth Annual Distinguished Lecture of the Nigerian Institute of Quantity Surveyors (NIQS), Lagos Chapter. At the lecture themed: “Foreign exchange problems, prospects and solutions in Nigeria: Construction industry perspective,” participants called ...

The Nation reports that The Alumni Association, Federal University of Technology, Owerri (FUTO), at the weekend flagged off a N220 million housing project for members of staff of the institution. The project which would provide 20-unit houses will be completed within one year. Speaking during the groundbreaking ceremony, President of the Association, Ndubuisi Chijioke, said the building project would gulp ...

“West African Ceramics Limited, leading tile manufacturer, joined other stakeholders in the public and private sector of the housing economy to discuss and proffer solutions to housing challenges in the country at its platinum sponsored 11th Abuja Housing Show.”- Business Day In alignment with the theme of the show- ‘Solving Africa’s Housing Challenge through Innovative Finance and Infrastructure Solutions’ the ...

“The Chief of Air Staff, Sadique Abubakar, on Thursday said the Nigerian Air Force, NAF, had built about 2,000 housing units in two years across its bases in the country.”- Premium Times The CAS spoke through Air Officer Commanding, Air Training Command, AVM Christopher Okoye at the 46th convocation lecture of Air Force Institute of Technology, AFIT, in Kaduna. The ...

According to The Nation, the Lagos State government has paid N8 billion compensation to land owners ; individuals and groups whose property had been affected by capital projects in the last one year. The Special Adviser to Governor Akinwunmi Ambode on Urban Development, Mrs. Yetunde Onabule, broke the news at a seminar on: Urban Thinkers’ Campus: The City We Need. The governor’s ...

The Guardian reports that dozens of people were injured and about six houses torched in Aladja community yesterday as the unending land dispute between Ogbe-Ijoh and Aladja communities in Delta State boiled over yesterday. The fighting continued till in the evening when Navy, Army and Police personnel were deployed to both communities. No fewer than 18 persons, according to security ...

“In a major blow to economic reforms and wealth creation in the country, the Senate on Wednesday rejected the proposal for the deletion of Land Use Act from the 1999 Constitution.”- Business Day The Land Use Act is seen as one of the biggest impediments to converting land resources into individual wealth in the country as it hinders the transferability ...

The Guardian reports that the Special Adviser, Office of Civic Engagement, Lagos State, Kehinde Joseph has said the state government will not tolerate land grabbing activities, as it would be firm in implementing its property protection law. Speaking at a sensitisation programme on the Lagos State Properties Protection Law 2016, organised by the Office of Civic Engagement, Joseph said before ...