Real Estate

“The National Assembly has secured a loan of $300 million for staff housing . It is to build about 10,000 housing units on various locations in the Federal Capital Territory for its core staffers, legislative aides and interested general public to own. The project which is spearheaded by the Parliamentary Staff Association of Nigeria (PASAN) but being coordinated by Clerk ...

According to Vanguard, Lagos State Physical Planning and Permit Authority has turned down a request to demolish a N28 million building on Adeniji- Adele Road, on Lagos Island. The agency said that the property is structurally sound and not in danger of collapsing and  does not contravene any provision of the Lagos Physical Planning and Environmental Law. It also noted ...

“The Minister of Power, Works and Housing, Babatunde Fashola, on Tuesday said the Nigerian government would not use imported materials in its housing schemes.”- Premium Times Mr. Fashola said this at the Real Estate Investment Trust, REIT, Conference, held at the Exchange House in Lagos on Tuesday. Represented by a former finance commissioner in Lagos State, Ayo Gbeleyi, the minister ...

“The Minister of State for Environment, Ibrahim Usman Jibril, has said the German government spent over 50 million euro, to support Nigeria and other West African countries on research projects regarding climate change.”- Daily Trust   Jibril disclosed this during a meeting with a delegation from West African Science Service Centre on Climate Change and Adapted Land Use (WASCAL), led ...

Buying or selling a house is probably one of the biggest deal anyone can get involved in. In this article we look at how you can think like a buyer, hence play your role as a real estate investor in the course of a real estate transaction One of the toughest part of a real estate decision that involves buying ...

“Governor Akinwunmi Ambode has terminated the contract for the construction of the 4th mainland bridge. According to reports, a Memorandum of Understanding (MOU) was signed with a consortium of companies on May 25, 2016. The Lagos state government said the contract was terminated because the concessionaire was working at a slow pace. Speaking at a ministerial briefing at Alausa, Ikeja, ...

“The sum of N100 billion is needed to construct the Apapa Road in Lagos state, Minister of Power, Works and Housing, Babatunde Fashola says. Fashola disclosed this via a statement released by his media aide, Hakeem Bello on Sunday, May 21. “I just want to appeal to residents of Apapa and to people whose livelihood depends on Apapa, that Apapa ...

According to The Nation, the Federal Mortgage Bank of Nigeria, FMBN says it has disbursed N2.3 billion to 3,104 beneficiaries under its housing renovation loans scheme nation wide. Its Managing Director, Ahmed Musa Dangiwa who spoke yesterday in Sokoto while flagging off the state’s disbursement exercise of N243.1 million to 263 benefiting  civil servants in the state service, assured that ...

“The Ooni of Ife, Oba Adeyeye Ogunwusi, has donated N2 million and acres of land for construction of elderly people’s home in Ile-Ife, Osun. Ooni gave the donation at the Ife Ooye Elegant Women Association Worldwide, Historic Fund Raising/Launching for the Construction of Elderly People’s Home in Ile-Ife, on Saturday. The Oba, who was represented at the occasion by his ...

“Peter Oguebie, managing director, Petrus Ogu Nigeria Limited, who is also a witness in the trial of a former Chief of Naval Staff, Vice Admiral Usman Jibrin, on Monday, May 22, 2017 told Justice A. S. Umar of the Federal Capital Territory High Court sitting in Maitama, Abuja that his company sold a property worth N600million to the former naval chief through ...