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Tag Archives: Housing Estate

FMBN has created over N80b mortgages so far – Ahmed Dangiwa

mortgages

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 ...

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Muhammadu Indimi Foundation builds N600m housing estate for IDPs

Muhammadu Indimi

“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 ...

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Housing sector : Developers still see gloom despite exiting economic recession

17 million housing deficit

“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 ...

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APCON promises members easy access to Mortgage Refinancing scheme

APCON promises members easy access to Mortgage Refinancing scheme

“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 ...

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Nigeria’s first ever “solar powered” estate in Abuja

"It is time builders in the country start to think outside the box to meet the housing needs of Nigerians", Iwuayanwu told the News Agency of Nigeria (NAN)

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) ...

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Tackling housing challenge in Lagos

Tackling housing challenge in Lagos

“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 ...

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Ex-Eagles striker, Emenike invests in real estate

Ex-Eagles striker, Emenike invests in real estate

“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 ...

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Federal Housing: Allottees protest alleged resell of plots of land

Federal Housing: Allottees protest alleged resell of plots

“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 ...

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FG pledges to bridge 17 million housing deficit

Housing loan for 60 Immigration officers

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. ...

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FG Commissions 100-Unit Housing Estate In Imo

Stakeholders in the housing sector contemplate monthly rent payments

A 100-unit housing estate in Imo State has been successfully completed by the Federal Government under the Ministerial Pilot Housing Project of the Ministry of Power, Works and Housing. According to Channels Television, the project was built through the Federal Mortgage Bank of Nigeria to provide low cost housing for public workers across Nigeria. The Minister of State for Power, ...

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