Tag Archives: Housing Estate

A real estate expert, Festus Adebayo believes that investing in the real estate sector would reduce Nigeria’s unemployment rate by fifty percent. He advised the federal government to invest the unclaimed dividends in the Pension Fund in the housing sector. Addressing journalists in Abuja, the legal practitioner and coordinator of the Abuja Housing Show noted that the real estate sector ...

The Managing Director, Federal Mortgage Bank of Nigeria, Mr. Ahmed Dangiwa, says the lender has created more than N80bn mortgages since inception. Dangiwa stated this during the tour of Sedona Housing Estate in Igbogbo, Ikorodu, Lagos, which was financed by the FMBN and developed by Sedona Business Consults, an Abuja-based firm. The figure shows a 10.4 per cent increase in ...

“Relief is on the horizon for internally displaced persons in Maiduguri, Borno State as the Muhammadu Indimi Foundation, a humanitarian organisation founded by the Executive Chairman of Oriental Energy Resources Limited, Alhaji Muhammadu Indimi, is to build a N600 million solar-powered village of 100 units of 3-room houses for those displaced by Boko Haram in the state.”- The Nation The ...

“IN spite of the cheering news that the country is getting out of  economic recession, the bleak outlook of the housing sector of the nation’s economy will remain a major cause for concern for real estate developers and the survival of their businesses in the country.”- Vanguard This is because developers have been churning out housing units in different parts ...

“The newly inaugurated Chairman of the Radio, Television, Theatre and Arts Workers Union of Nigeria (RATTAWU), APCON chapter, Ahmed Yelwa, has promised members of staff of the Advertising Practitioners Council of Nigeria (APCON), of easy access to the Federal Civil Servants Mortgage Refinancing scheme.”- This Day Yelwa, who spoke during the chapter’s inauguration, emphasised that the struggle for better condition ...

Sungold, a foremost Estate builder is determined with the good environment created by the current administration of President Muhammadu Buhari to build affordable houses in every part of Nigeria. “It is time builders in the country start to think outside the box to meet the housing needs of Nigerians”, Iwuayanwu, CEO of Sungold told the News Agency of Nigeria (NAN) ...

“With burgeoning population of over 22 million, Lagos is faced with housing challenge. On daily basis people migrate from every nooks and crannies of Nigeria to Lagos without ever thinking of leaving, thus compounding the housing challenge. Undoubtedly, shelter is one of the three basic necessities of life, others being food and clothing. Adequate housing includes secure land title, access to ...

“Forget the fact that Emmanuel Emenike has been jumping from one club to another in recent times, and may soon return to the EPL to continue his career back home. The striker has proven beyond reasonable doubts that he’s not only skilled in the round leather game but he is also a business man. Though he’s romantically linked with female ...

“Federal Housing Estate allottees in Abia on Thursday, protested against an alleged re-sell of their plots of land at the ministry’s housing estate located at Amakama, near Umuahia, the state capital.”- The News The allottees, operating under the aegis of Federal Housing Allottees Association, gathered in their numbers at the World Bank Housing Estate, from where they marched to the ...

According to Vanguard, Minister of State for Power, Works and Housing,  Mustapha Shehuri, has assured that the present administration is determined to bridge the 17 million housing deficit confronting the nation. Giving the assurance at the commissioning of the FMBN/Lape Estate, Karu, developed by Lape Construction Services Ltd. under a public private partnership (PPP) arrangement, with Platinum Mortgage Bank Nig. ...