Real Estate

Professionals in the real estate sector have called on the Federal Government to repeal the Land Use Act of 1976. The Guardian reports that the experts made the demand at a mandatory continuing professional development seminar for Estate Surveyors and Valuers, at the Polytechnic Ibadan, Oyo State. According to The Guardian, those who made the call were Prof. Abel Olaleye ...

Federal Government has explained how it would spend the $1 billion fund set aside for the clean up of Ogoni land, Rivers State. The Guardian reports that the Minister of Environment, Amina Mohammed said it had initiated deliberate robust efforts to deploy men, money and materials towards re-mediating the Ogoniland in line with global best practices of the United Nations ...

The Guardian reports that the Nigerian Petroleum Development Company (NPDC), the exploration and production subsidiary of the Nigerian National Petroleum Corporation (NNPC), lost about N1.5 trillion to attacks on its facilities from January till date. According to The Guardian, the Group Managing Director of NNPC, Dr. Maikanti Baru, who disclosed this at the opening ceremony of the 2016 NNPC security ...

The Lagos State government has made it known that access from the service lane into Ikorodu Road at the Ojota Loop inward Ikorodu has been closed. The Nation reports that access from the highway into the service lane is equally closed. According to The Nation, a statement by Director, Public Affairs, Ministry of Transportation, Biola Fagunwa, said the initiative was ...

The best possible scenario for a real estate investor is to find a undervalued house to be able to then turn around and sell it for a profit. Obviously, this can be a difficult prospect as real estate markets becoming increasingly clogged with willing investors, but what happens when you do find a possible target? How do you evaluate its ...

Martins had a hectic weekend. First, he had to bail Uju out of prison, he also had to lay down new rules governing the tenants in 5, Otolorin street, Lawanson following the ugly incident which was as a result of an illegal party in the compound. Runo had been rushed to the hospital after Uju’s assault on her, luckily for ...

The Rotary Club of Warri has launched the construction of a Physiotherapy Departmental project at the Central Hospital, Warri, in Delta State. Vanguard reports that the President of Rotary Club of Warri, Daniel Agbofode, in his remark shortly before the flag-off of the multi-million naira project, explained that the decision to embark on the project became necessary following the upsurge in ...

Management of Akwa Savings and Loans Limited has promised to partner with the Federal Mortgage Bank of Nigeria (FMBN) to provide affordable houses for Akwa Ibom civil servants. The Guardian reports that the Managing Director and Chief Executive Officer of the bank, Mr. Ebong Bassey disclosed this when the management team of the bank, paid the wife of Akwa Ibom State Governor, ...

The Minister of Power, Works and Housing Babatunde Fashola has inspected the first phase of the rehabilitation of the Lagos/Ibadan Expressway. The Nation reports that he said completion of the first phase had positively impacted on traffic, adding that this will facilitate movement of persons and goods this yuletide. Fashola praised Julius Berger for delivering the project before the December 31 ...

The Lagos State government has revealed plans to build five art theatres to engage youths and promote tourism. The Nation reports that Governor Akinwunmi Ambode announced this at a stage play, titled: “Heartbeat The Musical…A New Beginning,” at the MUSON Centre, Onikan, Lagos. The play was directed by Olu Jacobs and Joke Silva. According to The Nation, the governor said ...