ARM Nigeria, an asset management firm with interest in real estate has acquired Mixta Africa, a property development company. Speaking to CNBC Africa on the new acquisition, the Chairman/ CEO of Mixta Africa Deji Alli, says Nigerians can now look forward to affordable housing across the country with the entry of Mixta Nigeria into the housing market. Watch video below:
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Amosun Presents N200bn Budget, Affordable Housing & Urban Renewal To Gulp N26.567billion
The Ogun State governor, Ibikunle Amosun, on Tuesday presented a budget proposal of N200.3 billion to the state House of Assembly for the 2016 fiscal year. He said the budget sum would be judiciously used to execute his administration’s five cardinal programmes, stating further that while education would gulp N40.170billion, representing 20.06 per cent, N14.346billion (7.16per cent) would be spent ...
Read More »‘We cannot take loan at 28% interest rate and provide affordable housing’
Dr Aliyu Oroji Wamako is the vice president of Real Estate Developers Association of Nigeria(REDAN) and CEO of Jedo Investment Limited. In this interview with Chika Okeke, he spoke on issues affecting the built industry and why it would be difficult for the private sector to provide affordable housing. Read below: Stakeholders are optimistic that it will take government next ...
Read More »Solving The Problem Of Affordable Housing In Nigeria
Solving The Problem Of Affordable Housing In Nigeria Rolling out mind boggling policies capable of solving identified problems in the housing and other sub-sectors problem has been lack of sincerity of purpose by successive governments to implement the policies, George Okojie writes More worrisome is that the trend has continued under governments that lay claims to democratic credentials despite the ...
Read More »Kano state governor to provide affordable housing
Kano State Governor, Abdullahi Ganduje, has reaffirmed his administration’s commitment to providing affordable housing, compulsory primary education and improved health care, as part of plans to transform the state. To achieve these objectives, the Governor has tasked all political office holders and top government functionaries to shun corrupt practices and work closely with each other on the best means of ...
Read More »‘Costs of building material, retail financing, others, truncate affordable housing in Nigeria’
Experts in the real estate sector have listed reasons why affordable housing has remained elusive in the country despite efforts from both the public and private sectors. This has become a major concern for the stakeholders in the housing sector as the same factors continue to truncate mass housing drive in the country. According to the managing director UACN Property ...
Read More »Kamloops, Canada: Province team up for affordable housing
Four years after they were first tapped for affordable housing, three City of Kamloops properties are today closer to hosting low-income residents. The city and provincial government announced on Tuesday they have reached an agreement to put up to 98 units of affordable housing at 1685 and 1940 Pacific Way in Aberdeen and 1050 McMurdo Drive in South Kamloops. The ...
Read More »Makoko: Back under the radar
With a population of about 21 million people, the second fastest growing city in Africa, yet Lagos happens to be the smallest city in Nigeria with a vast area of wetlands. The implication of this is that, a fraction of the population stay on water or along it, while others who are not entirely human may prefer to dwell in ...
Read More »Mortgage bank in partnership to meet housing needs of Nigerians
Just Shelter & Allied Products Limited has developed 14 blocks with six three-bedroom flats in each block at David’s Court Estate Arepo, Ogun State. In an effort to meet the housing needs of Nigerians through mortgage creation, Resort Savings and Loans Plc., a mortgage bank with headquarters in Lagos begins a business collaboration with Just Shelter & Allied Products Limited ...
Read More »Tanzania: CBA partners real estate firm for housing loans
CBA Bank Tanzania has inked an agreement with Chinese real estate developers, Avic International Real Estate to provide loans at affordable interest rates for buying houses. Speaking after signing the agreement in Dar es Salaam at the weekend, the CBA Executive Director, Mr. Julius Mcharo, said the deal provided the opportunity for Tanzanians to own high quality houses built by ...
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