Tag Archives: Abandoned properties

The Chairman of the committee, Ademorin Kuye, said this on Tuesday at the committee’s inauguration in Abuja. “The figure is a conservative estimation carried out by the Nigerian Society of Engineers (NSE) on the abandoned properties located in Lagos, Ibadan, Enugu, Port Harcourt, Kano, Kaduna and other cities,” he said. He recalled that on March 12, the House of Representatives ...

After concluding the reclamation of some abandoned properties at the BDPA Housing Estate in Ugbowo, the Edo Development and Property Agency (EDPA) has set modalities for the sale of the properties to interested persons. The Executive Chairman of EDPA, Isoken Omo, in a statement, said the buildings were discovered during the recertification exercise, after which the ownerships of the properties ...

The Edo Development and Property Agency has revoked sublease deeds of some abandoned properties in the Bendel Development and Property Authority Estate in the Ugbowo area of Benin City, the state capital. The agency said the deeds were revoked in line with the clauses 2(j) and 3(a) of the deed of sublease and following notices published in local and national ...

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) yesterday said it has seized 12 landed property in Abuja belonging to a construction firm and its owner. ICPC spokesperson, Rasheedat Okoduwa in a statement said the property was confiscated pursuant to its powers contained in Section 45 of the Corrupt Practices and Other Related Offences Act 2000. Okoduwa said ...

Professionals in the housing industry, including other sundry stakeholders in business sector of the economy, are worried that many abandoned properties belonging to the Federal Government in Lagos are rotting away, despite different calls and efforts by individuals and firms to resuscitate the multi-billion naira worth edifices. Concerns emanate from the fact that despite the cry over accommodation deficits in ...

The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to transfer its abandoned property in Lagos to the state government or lease them to the private sector. The President of LCCI, Mr. Babatunde Ruwase, made the plea in an interview in Lagos on Monday. Ruwase noted that several properties belonging to the Federal Government in the ...

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has vowed to sanction any practitioner who engage valuation service informally without proper registration with the Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON). Delivering a speech in Calabar, last week during its 22nd John Wood Ekpenyong Memorial Lecture/Fellows’ Induction ceremony, Chairman of the Board, Mr. William Odudu appealed to such practitioner ...

The rising cost of renting houses in thriving Nigerian cities of Lagos, Port Harcourt and Abuja, which goes beyond the reach of potential tenants stretches the number of homeless people beyond borders. This development is worrisome in view of the huge housing deficit in Nigeria. Yet there is an increasing number of vacant homes; buildings that should have families albeit ...

A study by Forest Service’s Northern Research Station, University of Pennsylvania and Yale School of Public Health, United States America has said the move by the immediate past Lagos State Government to acquire all abandoned properties in the state was in good direction. Reason? Abandoned properties acquired by the government and improved upon could be a major way to reduce ...