Real estate investors, along with the rest of society, are what you may consider conscious consumers. Every time a truly good deal presents itself, investors would be hard pressed to pass it up. After all, a real estate bargain presents the perfect opportunity to maximize profits. The cheaper you can acquire a property, the more attractive the ROI (return ...
Read More »Real Estate
Manufacturers urge FG to fix infrastructure
Manufacturers in the real sector have urged government across all levels to improve the quality of infrastructure in the industrial areas. The operators in a chat with our correspondent argued that the industrial sector depends heavily on constant power for production and good road network to facilitate logistics, stressing that all of these issues affect competitiveness of the real sector. ...
Read More »Delta House of Assembly approves N7.9b for road construction, Delta Line
Delta State House of Assembly has approved a short term loan facility of N7.9 billion for Governor Ifeanyi Okowa to finance road construction and well as purchase buses for Delta Line Transport Services. Governor Okowa in a letter read by the Speaker, Hon. Sheriff Oborienwori said there was an urgent need for the state government to support some of its ...
Read More »Fire destroys building, vehicles in Lagos
A midday inferno, on Thursday, razed a building on No. 15 Adebiyi Street, Magodo Phase 1, Lagos State, destroying properties worth millions of naira. According to eyewitnesses, the fire started around noon and razed two flats on the upper floor of the one-storey building. The inferno could have wreaked more havoc but for the timely intervention of the men of ...
Read More »Estate developer implores Nigerians to imbibe habit of tree planting
To mark the 2019 International Day of Forests (IDF) celebrated annually as tree planting day, members of Hall 7 Real Estate Management has called for massive sensitization of Nigerians on the need to preserve the environment through planting of trees. The chief executive officer of Hall 7 Real Estate, Mr. Olayinka Braimoh, stated this while speaking to journalists during tree ...
Read More »Fashola faults housing deficit figure of 17million, says it cannot be proved
The Minister of Power, Works and Housing, Mr. Babatunde Fashola, on Thursday in Lagos faulted the housing deficit figure of 17 million. He said that the data cannot be substantiated, wondering why it is being repeated and revalidated by various groups. He called for law and order which, he noted, were the most important ingredients to have a city that ...
Read More »Fayose: Lawyer testifies preparing deeds of assignment for properties in V.I.
A Seventh Prosecution Witness, Kennedy Osunwa, on Wednesday told a Federal High Court in Lagos that he was engaged to prepare a Deed of Assignment with respect to a property lying at 100, Tiamiyu Savage, Victoria Island, Lagos. The witness, who is a legal practitioner, gave the evidence at the resumed trial of immediate past Governor of Ekiti State, Ayodele ...
Read More »How to identify substandard buildings in Nigeria
In the past few days, the Nigeria cyberspace and media has been filled with different news especially two cases of collapsed buildings one in Itafaji area of Lagos State and the other at Molete area of Ibadan. These two incidences had raised so many concerns about the structures and strengths of the buildings we have these days across Nigeria. This ...
Read More »FEC approves construction of new building for Adamawa State University
The Federal Executive Council (FEC) has authorized the construction of a new faculty building at Adamawa State University, Mubi. This was revealed Wednesday by the Minister of Education, Adamu Adamu, at the end of the meeting of the council which held at the Presidential Villa, Abuja and chaired by President Muhammadu Buhari. The new building, which is for the Faculty ...
Read More »Niger Govt. to spend over N5bn on Madalla market relocation
Niger state government had approved the relocation of Madalla Market situated along Kaduna-Abuja expressway in Suleja Local Government Area of the state. Alhaji Mudi Muhammed, the state Commissioner for Investment, Commerce and Industry, who disclosed this on Thursday in Minna, said that the decision was approved by the state Executive Council. He explained that the market would be relocated at ...
Read More »