Real Estate

Flood triggered by days of incessant rainfall has damaged the Guri-Adyani and Guri-Dolanzugo roads in Guri Local Government Area of Jigawa State. The roads, according to Alhaji Sanusi Doro, the area’s information officer, are important for the transportation of rice, sesame, watermelon and onions to the markets. Doro, in a statement on Saturday in Guri, (LGA of Jigawa State) said ...

The Ogun State Governor, Prince Dapo Abiodun has vowed to demolish houses in the state housing kidnappers and revoke their certificates of occupancy. The governor assured that with the inauguration of the reinvigorated Security Trust Fund, the full architecture for internal safety of lives and property had been fully put in place. Speaking at the inauguration of the “reinvigorated” Ogun State ...

The Pension Fund Administrators have raised the amount of pension fund investment in real estate to N250.02bn, latest figures obtained from the National Pension Commission have shown. This amounts to 2.68 per cent of the total assets of the Contributory Pension Scheme, which stood at N9.32tn as of the end of June 2019. The operators had invested N229.17bn in real ...

The Nigerian Society of Engineers (NSE) has urged the Federal Government to act in line with Executive Order 5 by encouraging more multinational engineering firms to employ Nigerian engineers. Chairman of NSE, Lagos State branch, Mr. Musliudeen Agoro, gave the advice on Sunday while speaking with the newsmen in Lagos. Reports show that President Muhammadu Buhari had, on February 12, 2018, in ...

This interview with Mr. Afolabi Imoukhuede, Senior Special Assistant (SSA) to the NG President on Job Creation and Youth Employment, Office of the Vice President addresses the lingering unemployment issue in Nigeria and how we can harness the opportunities in real estate for the benefit of the country. He also noted that the sector is very wide and attractive to ...

NREH correspondent was in an interview with Professor Charles Nyangete. He is the former MD of Nigeria Mortgage Refinance Company(NMRC). In this interview, they discussed the advantages of green housing in Nigeria and some frequently asked questions by interested consumers. Please read below. NREH – What are the advantages of green housing in Nigeria? Prof Nyangete: Greenhouse is very useful ...

Property developers have identified finance, land, and infrastructure among others as biggest impediments to affordable housing development in Nigeria. According to the General Manager, Building Services, Urban Shelter, Muktar Aliyu, the problems of finance, land, and infrastructure in real estate development should urgently be addressed by government. To solve the problem of finance, some of the experts, who spoke in ...

The Federal Government on Wednesday 21st August 2019 unbundled the Federal Ministry of Power, Works and Housing to Federal Ministry of Works and Housing with Babatunde Fashola as Minister and Engr. Abubakar Aliyu as Minister of State respectively. The Minister of Works and Housing, Babatunde Fashola is the immediate past Minister of Power, Works, and Housing. He is from Lagos State, ...

The authorities of Abubakar Tafawa Balewa University (ATBU), Bauchi, said on Tuesday that six movable and non-moveable property belonging to the institution were vandalized by students protesting on Aug. 5. The Deputy Vice-Chancellor (DVC), Academic of the institution, Prof. Ibrahim Danjuma, said this in Bauchi while updating journalists on the incident. The students had protested because a bridge that links ...

The family of Pa Abibu Ajibawo Oguntoyinbo of Ipaja, Lagos State has appealed to the governor, Babajide Sanwo-Olu, to rescue them from hoodlums led by an alleged land grabber, Prince Owen Adeniran. Oguntoyinbo, who is head of the family and appointed joint heads of the families of Abiola, Falola, Ilo, lamented that often times, family members had been arrested by ...