Property owners in Lagos State and professionals in the built environment have lauded the decision of the state government to review the 2018 Land Use Charge (LUC) Act, saying that it speaks of sensitivity on the part of officials. The state’s Commissioner for Finance, Dr. Rabiu Olowo, had on Wednesday said that the current administration decided to review the Land ...
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Over 1, 000 buildings in Lagos Island are unfit for human habitation – Expert
Mr. Kunle Awobodu, the National President, Building Collapse Prevention Guild (BCPG), says there are over one thousand buildings in Lagos Island that are unfit for human habitation. Awobodu made the disclosure in an interview on Thursday in Lagos. He said that BCPG had brought such distressed buildings to the notice of the Lagos State Building Control Agency (LASBCA) for demolition. ...
Read More »Built environment suffers N2bn loss after recession
Fresh facts have emerged that the built environment is still battling to contend with over N2billion losses recorded during two years of Nigeria’s economic recession. Findings indicated that the losses emerged from underpriced and vacant properties mostly within Abuja, Lagos and Port Harcourt. It was also revealed that the real estate sector is yet to recover from the loss compared ...
Read More »NIOB seek collaborative support from private sector, government
Private sector, Ministries, Departments and Agencies (MDAs) at all levels of government have been called upon to collaborate with the Nigerian Institute of Building (NIOB) to meet housing needs of citizens. Besides, President of NIOB, Mr. Kenneth Nduka, called on governments at all levels to respect and enforce the unique roles of builders in all aspects of building project delivery ...
Read More »BCGP enforces zero tolerance for building collapse in Lagos State
Following cases of building collapse, the Building Collapse Prevention Guild (BCPG) has restated its commitment to attain a zero per cent tolerance in Lagos State. The Chairman of Lagos State branch of BCPG, Mr. Yinka Ogunseye, made the assertion at a workshop organised by Ikoyi-Obalande BCPG Cell in Lagos State. Ogunseye said that the rate of building collapse had reduced ...
Read More »Six challenges developers face in the built environment
Nigeria Real Estate Hub correspondent was in an interview with the CEO of Tromville investment, Pastor Adeyemi Adeniyi A.K.A the Bishop of real estate. He shared six challenges he encountered as a developer in the built environment. Read his interview below NREH: We heard about your tremendous contributions as an employee in Property Mart and how you delivered 6 estates ...
Read More »Stakeholders urge government to prioritise housing for low-income earners
To improve affordability for low-income earners in Nigeria, stakeholders in the built environment have urged government at all levels to make housing a top priority. The stakeholders, who spoke at the launch of a book “Affordable”, authored by the founder of Northcourt, a real estate advisory firm, Tayo Odunsi in Lagos, said there is need for a paradigm shift through ...
Read More »NIQS urges innovative spirit, synergy in built environment
For sustainability of practice and enhancement of their relevance in the country, quantity surveyors have called for synergy among professionals in the built environment. Leading the call at a business Cocktail meeting organised by the Lagos State chapter of the Nigerian Institute of Quantity Surveyors (NIQS) in Lagos, the Vice president of the Institute, Mr. Olayemi Shonubi, who represented the ...
Read More »Fashola orders QSRBN to blacklist unqualified quantity surveyors
The Minister of Power, Works and Housing, Babatunde Fashola, has asked the Quantity Surveyors Registration Board of Nigeria to blacklist any quantity surveyor who flouts the ethics of the profession. According to Fashola, many practitioners find it tough to uphold their professional ethics, a development that is impacting negatively on the nation’s economy. The minister, who spoke at the recent ...
Read More »Affordable housing is an indicator of the well-being of Nigerians – Zarma
Minister of State for Power, Works and Housing, Surveyor Suleiman Hassan Zarma has pointed out that affordable housing and conducive urban environment remained portent indicators of the well-being of Nigerians through effective policies and pragmatic development programmes. Zarma who stated this in Abuja at a workshop for Real Estate Developers organised by Real Estate Development Association of Nigeria (REDAN) added ...
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