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Tag Archives: FCT

New housing solution emerges in Cedar Homes

New housing solution in real estate emerges in Cedar Homes

“A Lagos- based real estate company – Realty Point Limited has again unfolded its flagship mass housing programme, Cedar Homes, which is pioneering eco-friendly and environmentally sustainable gated community. The estate showcases five unique attraction points which include Flexible Design Concepts, Reservation of Units for as low as N10, 000 an Escrow Account where monies paid by customers will be ...

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Ex-FCT Minister and Son to Forfeit 10 Properties

EX-minister , FCT, Senator Bala Mohammed

Pulse reports that Ex-Minister of the Federal Capital Territory, Senator Bala Mohammed, and his son, Shamusideen Bala Mohammed will be forfeiting 10 of their properties to the Federal Government. In a recent report by Punch Newspaper, Bala and his son are to temporarily forfeit the properties as ordered by two high courts in Abuja. Also to be forfeited by Bala ...

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Six Arrested for Drawing Graffiti on Walls in FCT

Six Arrested for Drawing Graffiti on Walls in FCT

Reports show that officials of the FCT Administration have apprehended six persons for engaging in act of graffiti on the walls of public buildings and infrastructure around the Federal Capital City, Abuja. New Telegraph reports that a statement by the Chief Press Secretary to the FCT Minister, Mohammed Hazat Sule said the six persons apprehended were caught in the act ...

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House Of Reps Reveals Shocking Malpractices in Abuja Land Swap Investigations

Senate Gives Area Council 3weeks Deadline To Clean Up Abuja

The House of Representatives made shocking revelations yesterday as it unveiled malpractices in the award and allocation of 7,600 hectares of land to companies and individuals under the Land Swap programme. There were cases of unpaid dues and non- compliance with the requirements of the programme. A company, Gwagwa Concession Company, was allocated 841 hectares of land by the previous ...

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Nigerian Real Estate Sector And Government Control

real estate sector

Since we became a republic, the real estate sector in Nigeria has been fighting for survival. Its stunted growth, development and dwindling fortunes over the years remain a major source of worry. This article aims to address the problems that arise from the role of government in the real estate sector. Real estate has continued to play a significant role ...

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FCTA assures Private sector investors on serviced land for housing projects

Significant reduction in construction activity in the FCT

The Federal Capital Territory Administration (FCTA) has assured on its commitment to providing serviced land for organized private sector investors in housing so as to make housing delivery easy and accessible. John Chukwu, FCTA Permanent Secretary, gave this assurance at the opening ceremony of the just concluded Abuja Housing Show. He pledged the administration’s readiness to liaise with relevant ministries, ...

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“How Mass Housing Delivery is handled in FCT”

demolitions in abuja

Engineer Adamu Ismaila of the Federal Capital Development Authority (FCDA) gave an insight into the way mass housing projects are run in the FCT. He said that the Development of Mass Housing(MH) Scheme in Abuja is based on Public Private Partnership (PPP) concept whereby Private Developers are provided with land on leasehold. According to him, the allocated land will be ...

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Abuja office complex shortlisted for WAN commercial award

How Technology Can Transform Nigeria’s Housing Market

AN office complex being developed by a Lagos-based firm architectural firm, Messrs Design Genre Consultants is among the 57 entries shortlisted for the 2014 World Architecture News commercial Award (WAN) in the commercial category. WAN is regarded as the largest international Architecture awards programme as well as a major international competition that celebrates and promotes the best in international architecture ...

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NANTS to build 5,000 houses for traders in FCT

The National Association of Nigerian Traders (NANTS), on Sunday in Abuja performed the ground breaking of 5,000 housing units in Kubwa, Bwari Area Council of the Federal Capital Territory (FCT). National President of NANTS, Mr Ken Ukoha, who spoke at the ceremony, said the project was aimed at addressing the housing deficit in the FCT. According to him, the housing ...

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