Real Estate

The Delta chapter of the Nigerian Labour Congress on Monday urged government and the Nigerian Society of Engineers to address the menace of frequent building collapse in the state. The state NLC Chairman, Goodluck Ofobruku, made the call on Monday in Asaba while reacting to the two recent building collapse in parts of the state which killed seven persons. The ...

The Bauchi State Governor, Bala Mohammed, on Monday, flagged off the construction of five major roads to open up the township of the state capital. Works on the five roads, spanning over 10.2km, will cost the state government about N5 billion. The projected amount is just about half of what the past government of the state allegedly spent on “burying ...

The Lagos State Government on Monday advised residents to patronise only certified and registered estate agents or developers while seeking accommodation or dealing in properties. Mr Wasiu Akewusola, Permanent Secretary, Lagos State Ministry of Housing, gave the advice at Alapere in Ketu, near Lagos, where a fraudulent property developer allegedly duped no fewer than 262 prospective home buyers. “Residents of ...

Over 66 prospective tenants have been thrown into confusion as Lagos landlord, Olatunji Joseph, in connivance with a developer, Aderonke Olaleye, and other allegedly yet-to-be identified agents swindled them of over N16m. The money was meant as rents for five flats in a newly-constructed one-storey building at No. 11 Abeni Close, Asa Estate, in the Gbagada area of Lagos State. ...

The Enugu Electricity Distribution Company, EEDC, has finally spoken about reports on social media that some of its members of staff defrauded residents of the Federal Housing Estate, Ogbor Hill, Aba to the tune of N2 million. The reaction was contained in a statement made weekend by EEDC’s communications manager, Mr. Emeka Ezeh. This is following reports that some unnamed ...

Government at the state and federal levels has been urged to partner with stakeholders in Nigeria’s real estate sector to reduce housing challenge and also tackle unemployment in the country. Making the call in Lagos during the unveiling of a multi-storeyed luxury apartment and office complex jointly built by Arkland Properties and Investment Company Limited and Amlad Group at Eko ...

Akwa Ibom State Governor, Mr. Udom Emmanuel, has pledged to work with the management of Federal Mortgage Bank of Nigeria (FMBN), to ensure that low and medium-income workers in the state own houses at retirement. He made this promise when Board of Directors and the Management staff of the Federal Mortgage Bank of Nigeria (FMBN), paid him a courtesy call ...

The Abuja Chamber of Commerce and Industry (ACCI) and Shelter Aid Organisation will hold an investment expo in Abuja to promote local production of building materials, affordable housing and skilled workforce in the housing sector. Speaking on the planned expo, the Vice President in charge of commerce for ACCI, Dr Johnson Anene, said the expo would attract investors and stakeholders ...

The long – awaited Abuja International Housing Show (AIHS) would kick off today, with over 40, 000 participants and 400 exhibitors from different countries. The 13th edition of AIHS would be presenting a premium platform of learning and networking for all stakeholders in the housing and construction. The event, expected to hold from 23 to 26, July, 2019, at the ...

NREH was in an interview with Mr. Odukwe Emmanuel, the head of mortgage banking services at Citicode mortgage Nigeria. This interview addresses the things you need to know about the National Housing fund scheme. Things like the criteria needed, those that are eligible to apply, frequently asked questions and how long it takes to process. Mr. Odukwe: Criticode is one ...