Real Estate

The Guardian reports that a Lagos High Court presided over by Justice Oyekan Abdullahi, has granted Bela Vista Property Development Company Limited ownership of Itedo land which had been a subject of dispute and litigation between some members of Itedo community and Bela Vista Property Development Company Limited. Other defendants named in the suit filed by Itedo community are the ...

A 100-unit housing estate in Imo State has been successfully completed by the Federal Government under the Ministerial Pilot Housing Project of the Ministry of Power, Works and Housing. According to Channels Television, the project was built through the Federal Mortgage Bank of Nigeria to provide low cost housing for public workers across Nigeria. The Minister of State for Power, ...

Mr Vincent Uduaghan, DELTA State Commissioner for Transport, has urged mobile road users to be patient and make use of alternative routes. This is due to the ongoing construction and rehabilitation works on some roads in the state. According to Vanguard, Uduaghan who spoke with newsmen shortly after unscheduled inspection of the NPA  bypass, Esisi and Swamp roads in Warri, ...

“As a demonstration of its commitment to provide affordable housing to Nigerians, especially the low income earners, the Federal Government has approved 10 percent waiver on housing mortgages below N5million for Nigerians”- reports Vanguard According to Vanguard, Minister of State for Power, Works and Housing, Mr Mustapha Baba Shehuri, announced this during the commissioning of a 125-unit housing estate being ...

The current administration of AMAC, has issued provisional rates for residential and commercial properties in the FCT. The rates vary from N200,000 to N8million depending on the type and location of the property. “Background The Nigerian Constitution empowers local governments to assess and levy tenement rates. However, during the last administration, the local authority – Abuja Municipal Area Council [AMAC] ...

Information Nigeria reports that Babatunde Gbadamosi, a chieftain of the Peoples Democratic Party and a real estate broker who was arrested last week, said the State Security Service released him on Thursday without preconditions. “I was freed without preconditions,” Mr. Gbadamosi told PREMIUM TIMES by telephone Thursday evening. “They just allowed me to go without filing charges.” Mr. Gbadamosi was arrested last Wednesday after ...

There was a period in our lives when terrorism and insurgency was alien to Nigeria, these days it has become a civil service job or you may want to call it a daily chore. No day passes by without news of Fulani herdsmen or Boko Haram attacks being reported in the media. This article lists “Top 5 Deadliest Places In ...

According to The Guardian, the process for the construction of the 650 kilometres Kano – Ajaokuta northern gas pipeline has begun, the Nigerian National Petroleum Corporation (NNPC) has disclosed. The Group Managing Director of the NNPC, Dr. Maikanti Baru, who stated this yesterday in Abuja at the 2017 edition of the annual Society of Petroleum Engineers (SPE) Oloibiri Lecture Series ...

“There was jubilation in Abakaliki, the Ebonyi State capital on Thursday as Workers in the state were handed over keys of 72 housing units constructed by the Federal Mortgage Bank of Nigeria (FMGN).”- Leadership reports. According to Leadership, the Acting Managing Director of the Bank, Mr Richard Esin said the project known as the FMBN/Ebonyi State Housing Development Corporation’s housing estate, ...

Vanguard reports that the Federal Government on Tuesday inaugurated 91 units of three bedroom bungalow in Vyvian Estate, Ibagwa Nike, in Enugu East Local Government Area of the state. The Minister of State for Works, Power and Housing, Alhaji Mustapha Shehuri, said that the feat was part of efforts to reduce housing deficit in the country. Shehuri said that plans ...