Real Estate

“The Real Estate Developers Association of Nigeria (REDAN) has identified land issues and lack of finance as major hindrance to achieving housing for all in the country.”- Business Day Ugochukwu Chime, the President of the association, made the observation on Wednesday at the Building Expo and intensive workshop for real estate developers in Abuja. Chime regretted that there was no ...

The real estate industry has increasingly become relevant to our economy. However in recent times, the prices of real estate goods and services have risen rapidly with home prices increasing sharply in comparison to prices of goods and services in other industries. At the same time, housing demand has posed economic and social challenges, arousing continental and universal concerns. This ...

News according to Business Day has it that Kano State Government said it was on course to deliver 2,000 houses currently under construction for low income earners in the state. Governor Abdullahi Ganduje made the commitment in a message to the opening of the 96th Council Meeting of the Association of Housing Corporations of Nigeria held in Kano on Tuesday. Represented by his ...

“Access Bank Plc has sued the Governor of Lagos State, Mr. Akinwunmi Ambode, for allegedly allocating a piece of land belonging to it to a former Chief of Naval Staff, Vice-Admiral Ishaya Ibrahim (retd.). The contentious land is located at No. 7 Ojora Street, Ikoyi, Lagos. The bank, in a suit marked, LD/3767/LWM/2016, claimed that though the land belonged to ...

“A 46-year-old landlord of a house on Hassan Close, Itoki, Ogun State, Omotayo Sanda, has been beaten to death by his neighbour’s son, Joseph Isiwele.”- Punch reports Twenty-six-year-old Joseph reportedly rained blows on Omotayo and fled the area after the landlord fell and died. PUNCH Metro learnt that Joseph’s elder brother, Michael Isiwele, had packed some sand from a pit ...

The formation of slums in any rapidly urbanizing city is inevitable, just like it’s being witnessed in Lagos state. However the population of slum dwellers can be brought to its barest minimum if the rights steps are taking in the appropriate direction. This article talks about the link between Urbanization and slum formation. There has been evidence of large slum ...

“A renowned environmentalist, Mr. Desmond Majekodunmi has lauded the Lagos State government for signing a new environmental bill into law. Majekodunmi, who praised Governor Akinwunmi Ambode’s vision of ensuring that Lagosians have a right to clean, safe and healthy environment, said the new law would consolidate what the state government started a few years ago aimed at putting the state ...

Nigerian tribune reports that at the commemoration of the 2017 International Women Day (IWD) across the globe last week, an international non-governmental organisation (NGO), Oxfam Nigeria, while appraising the poverty index of women in Nigeria, re-emphasised its earlier position that women’s deprivation of access to land has a significant contribution to their poverty level. Citing the United Nations (UN) Report ...

According to The Nation, a 49-year-old man, Abiodun Adeyinka, who allegedly damaged  property worth N5 million belonging to the Celestial Church of Christ (CCC), on Monday appeared before an Ebute-Meta Chief Magistrates’ Court, Lagos. Adeyinka is facing a six-count charge bordering on malicious damage, conspiracy, unlawful assault and manner likely to cause breach of peace. The accused, however, pleaded innocence ...

“The Senior Staff Association of Statutory Corporations and Government Owned Companies (SSASCGOC) may soon begin an industrial action over inadequate funding of the Federal Housing Authority (FHA)” – The Guardian  The President General of the association, Mohammed Yunusa, who disclosed this in Abuja at the weekend, identified non-budgetary provision for FHA and non-involvement in the National Housing Policy by the ...