Real Estate

The Nation reports that the Senate is seeking the reservation of at least 20 per cent of the country’s annual budgets for constituency projects. This followed the unanimous approval for second reading of a Bill for an Act to provide for Constituency Projects in the annual budget of the Federation and for other matters connected therewith, 2016. If passed and ...

The Minister of the Federal Capital Territory (FCT), Mohammed Musa Bello, has announced plans to begin a review of the Abuja masterplan, which was adopted in 1979. The Guardian reports that the minister spoke during an interactive session with the House of Representatives Committee on FCT, headed by Herman Hembe (APC, Benue). He said the ministry would hold a stakeholders’ ...

Governor of Akwa Ibom State, Udom Emmanuel, has performed the official foundation laying ceremony for the establishment of a 5000 barrel refinery located in Ikwe community, in Onna Local Government Area in the State. Vanguard reports that Emmanuel, who was represented  by Chairman, Foreign Direct Investment Committee, Mr. Gabriel Ukpeh, appreciated the management of Ikwe-Onna Refinery Limited for keying into his ...

Vanguard reports that divorce cases and landlords against tenants disputes, came top in a total of 22,389 issues recorded and resolved this year alone by the Citizens Mediation Centre, CMC in Lagos State. Lagos State Governor, Mr. Akinwunmi Ambode. Also recorded were issues involving employee/employers, funds disputes and others. Vanguard reports that the statistics was disclosed yesterday by Director of Citizens ...

New Telegraph reports that the House of Representatives has rejected the Federal Government’s ban on the importation of vehicles through land borders scheduled to take effect from January 1, 2017. It urged the executive to suspend the policy. According to New Telegraph, the Green Chamber, instead, advised the federal government to ensure that the law enforcement agencies, especially those working ...

Lagos State Governor, Akinwunmi Ambode, on Thursday, urged residents to take advantage of the state’s Rent-To-Own and Rental Housing policy to become house owners and address housing problems in the state. Vanguard reports that Ambode, represented by his Deputy, Dr Idiat Adebule, made the call at the flag-off of the Rent-To-Own and Rental Housing policy in Sir Michael Otedola Estate, ...

Do you know that Christmas is barely 17 days away? Yeah! I know a lot of us have lost track of time, blame it on the recession. I have not even started hearing Christmas carols on auto-play in the various CD shops around Lagos, albeit, the jingle bells are ringing all around the world. While we are still expectant, will ...

Enugu State Governor,  Ifeanyi Ugwuanyi has appealed to the Federal Government to refund the over N22 billion the state spent on the repair of its roads, to enable it undertake other crucial development projects. The Nation reports that the governor spoke in Enugu when the House of Representatives Committee on Works visited him at the Government House. He decried the ...

There comes a time during the course of any real estate investment when it becomes clear that selling off the property is the best course. When that time comes, getting the most out of your piece of real estate is crucial to seeing the big payoff at the end of the real estate investment experience that you have been expecting ...

The Federal Government has warned that it would stop at nothing to prosecute illegal miners of sand and solid minerals in Akwa Ibom State. New Telegraph reports that this followed petitions to the Federal Ministry of Mines and Steel Development by the people of Ikot Ukpong Iman in Etinan Local Government Area of the state, where activities of illegal miners ...