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Tag Archives: Housing

Positives and Drawbacks of Flipping a House In Nigeria

Flipping a house

Flipping a house simply means buying a property and reselling quickly for a profit. This is one of the smartest investment options around and it requires very minimal efforts. It basically involves your money as well as an in-depth knowledge of land ownership and the buying and selling process, you are good to go. House Flipping is often used to ...

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Buhari to sign 2018 budget on Wednesday, housing gets lion share

2018 budget

President Muhammadu Buhari will sign the 2018 budget into law on Wednesday. A presidential source revealed that the budget would be signed at 11 A.M. Last week Femi Adesina, special adviser to the president on media and publicity, had told state house correspondents that the president would give assent to the budget this week. Two weeks ago, Udoma Udoma, minister ...

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Govt. threatens to terminate Abaji-Koton-Karfe road project

Abaji-Koton-Karfe

The Ministry of Power, Works and Housing on Wednesday threatened to terminate the contract for the dualisation of the Abaji-Koton-Karfe road due to “negligence” by the contractor for five months. The Director of Highways Constructions and Rehabilitation of the ministry, Dayyabu Mamman, made the recommendation on Wednesday during an inspection by the Minister of State II for Power, Works and ...

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Apex Mortgage bank set to expand their market with 50m subscribers

Mortgage in Nigeria FMBN

Amid concerns that some contributors to the National Housing Fund (NHF) have not been able to access loans, the Federal Mortgage Bank of Nigeria (FMBN) has assured Nigerians that the amendment of the enabling legislations in the scheme would make it more robust and beneficial. Accordingly, the bank explains that the objective is to expand its coverage to capture the ...

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Fashola orders QSRBN to blacklist unqualified quantity surveyors

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 ...

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Housing projects excite Artisans and traders in Kogi

Housing

The construction of National Housing Projects is really exiting traders and suppliers that are involved in the construction of the projects as they said that the on-going projects had ratcheted up their well-being since its commencement Speaking with journalists, a representative of the workers, George Mataga, stated that the host community had benefitted considerably from the project. He added that ...

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Gombe motorists decry slow pace of road reconstruction

motorists

Motorists plying  Numan-Gombe Federal road have expressed concern over the slow pace of the on-going reconstruction of the road particularly from Numan-Lafiya Lamurde in Adamawa state to Cham town in Gombe state. One of the motorists, Amos Aboki, a commercial bus driver, lamented that the construction firm handling the road, “lacks the capacity, manpower and construction machines to reconstruct the ...

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Reps urge Military to return unutilized acquired lands to communities

Title Perfection In Nigeria: What You Must Do After Buying a Property

Members of the Representatives on Wednesday urged Federal Ministries of Power, Works & Housing as well as Defence, to work out modalities for the return of unutilized expanses of land forcefully acquired for military barracks to host communities. According to Afe Olowookere (APC-Ondo), who sponsored the motion, one-quarter of the land area of the cities were acquired by the military ...

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