Real Estate

Human needs are insatiable and the want for land is no different. In fact, virtually all human activities require land. The Land tenure system in Nigeria and its effectiveness is the focus of this article. Due to the diverse needs of different human activities with respect to location and quantity of land, there is often an intense competition for land, ...

Reports show that operatives of the Lagos State Task Force, on Sunday demolished over 2,500 illegal shanties allegedly used as hideouts by criminals and hoodlums at White Sand, Jakande Estate, on Lekki-Epe Expressway, Lagos. The Guardian reports that the Chairman of the Force, Olayinka Egbeyemi, a Superintendent of Police, who led the operation, disclosed that more than 2,500 illegal shanties ...

After four years an agreement was reached between Lafarge Africa Plc and some communities in Ogun State, on allegations of air pollution due to the company’s activities, the cement company has fulfilled its promise by relocating affected people in the communities to a new estate valued at N750 million.   Reports show that the 21-unit eight-bedroom bungalows, equipped with modern amenities are located ...

Reports show that the Federal Airports Authority of Nigeria (FAAN) has formed a partnership with generator manufacturer, Mantrac Caterpillar, to put an end to the incessant power outages at airports across the country, especially the Murtala Muhammed Airport (MMA), Lagos. According to National Mirror, Saleh Dunoma, the Managing Director, FAAN,  had inspected the entire Murtala Muhammed Airport, including the Power House of FAAN, where the existing generating sets are housed, with the Vice President, Asia ...

Owing to the current recession in the country, and its harsh effects on Nigeria’s manufacturing sector, paint makers are currently increasing their prices to contend with the high rate of foreign exchange in the market. The paint operators under the aegis of Paints Manufacturers Association of Nigeria (PMA) expressed this while speaking with The Guardian, revealing that the scarcity of dollar has ...

In a bid to enhance and ensure transparent land administration system in Delta State, the State government has launched an Information Communication and Technology (ICT) centre. The Information Communication and Technology (ICT) centre is a partnership deal between the government and Queensbridge Investment Limited, to fast-track the issuance of Certificate of Occupancy to land owners and also boost the Internally Generated ...

Reports show that a Lagos High Court sitting in Ikeja has struck out an N80m land theft charge filed by the Economic and Financial Crimes Commission (EFCC) against businesswoman, Mrs. Moji Yakubu, and nine other persons. Vanguard reports that Yakubu alongside her company, Monan Trading Company Ltd., and eight others were charged by the commission for allegedly stealing 10 hectares ...

The World Bank, as part of its commitment in addressing the menace of erosion in the Southeast, has effectively reclaimed erosion site covering more than 4,000 hectares of land in Obizi autonomous community in Ezinihitte Local Council of Imo State. According to The Guardian, the State Project Coordinator of the Nigeria Erosion and Watershed Management Project (NEWMAP), Victor Anuenyiagu, made ...

Stakeholders in environmental services and community leaders in Kano have blamed National Environmental Standard and Regulation Enforcement Agency (NESREA) for contributing to continuous industrial pollution in the State, citing inexcusable negligence to its entrusted national responsibility.   According to The Guardian, the communities indicted NESREA of compromising its primary assignment, failure to respond decisively to cases of illicit discharge of toxic ...

Reports show that the Real Estate Developers Association of Nigeria (REDAN), in a bid to increase home ownership in the country, has moved to partner with the Head of the Civil Service of the Federation in executing the proposed Federal Integrated Staff Housing (FISH) scheme. The Guardian reports that in a courtesy visit to the Permanent Secretary Head of Service ...