Real Estate

The Ibadan Electricity Distribution Company (IBEDC) has begun the deployment of Distribution Transformer meters to all public distribution transformers under its franchise using an Advanced Metering Infrastructure solution for accuracy. Mr. John Ayodele, the Chief Operating Officer of company, made this known in a statement made available to the Newsmen in Lagos on Monday. Ayodele said that the metering was ...

A child never forgets anything. Remi Adeleke, a US Navy SEAL, now 36 years old, goes down memory lane. He is one of the two sons of Adebayo Adeleke, the architect and engineer who was the original owner of Banana Island, Nigeria’s most expensive real estate. He remembers how the island was taken from his father and how the father ...

This article contains the profile of successful men in Nigeria real estate sector that are making waves in their various fields. In no particular order, we have Reverend Ugochukwu Chime He is currently the President of Real Estate Developers Association of Nigeria (REDAN). Chief Jide Taiwo He is founder of Jide Taiwo & Company. He has a vast professional experience ...

The Federal Road Safety Corps on Friday said Federal Capital Territory recorded the highest number of road accidents in March, with 118 crashes involving 733 persons with 29 fatalities and 295 injuries. Mr Boboye Oyeyemi, Corps Marshal, said this in the FRSC’s Road Traffic Crash Report he signed for the month of March, and made available in Abuja. According to ...

The Federal Road Safety Corps (FRSC) has warned its personnel deployed to manage the Apapa gridlock to shun corruption or be ready to face summary dismissal from service. The spokesman of the service, Bisi Kazeem, gave this warning in Lagos, said, “Our officers and men are aware of the zero tolerance for corruption in FRSC that they don’t have to ...

According to the President of Nigerian Institution of Estate Surveyors and Valuers (NIESV), Roland Abonta, the efforts by President Buhari’s administration in its first four years didn’t meet the targets in housing mostly because of the merging of Power, Works and Housing as one ministry. While speaking with Newsmen, the Estate Surveyor said that, ‘’what has happened in the last ...

#TrackNigeria: Mr Musliudeen Agoro, the Chairman, Nigerian Society of Engineers (NSE) Lagos State branch, has urged local engineers to form consortium to handle big projects to bridge Nigeria’s infrastructure gap. Agoro, who made the call in an interview on Friday in Lagos, said that forming consortium of engineers remained the only way the local engineers could execute big projects. President ...

The Oyo State House of Assembly on Friday said it considered 87 bills and passed 70 of the bills between 2015 and 2019. Oyo Assembly disclosed that 17 of the bills were under-going legislative scrutiny with various committees in the last four years. Speaker of the Assembly, Mr. Olagunju Ojo, disclosed these during the valedictory session of the lawmakers in ...

Nigerians have called on the government to probe an allegation that the contract for the construction of the Lagos-Ibadan rail line was inflated by about 360 per cent. The Nigerian government said the contract for the construction of the 156-kilometres rail line which was awarded to the China Civil Engineering Construction Corporation (CCECC) in 2016, cost taxpayers about $2 billion. ...

Experts in the real estate have expressed worry that the sector which recorded growth of about 2-3 per cent towards the end of 2018 has receded due to uncertainty in the country. The Nigerian Bureau of Statistics (NBS), in its Q1 2019 report, revealed that the GDP growth for the real estate sector was 0.93 per cent. With the existing ...