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Tag Archives: Housing

The Buyer Or Seller: Who Really Should Pay Estate Agents Fee?

dark agents

The Real Estate sector has become lucrative and it is contributing in its own way to curbing unemployment in Nigeria. There are different levels of people involved in Real Estate business, but there is a particular set of people in the industry who are not without controversy, as regards who pays them or should pay them. These people are the ...

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Estate surveyors Want Pension Funds Deployed To Housing

funds

Estate surveyors and valuers in the country have advised the Nigerian government to deploy part of the nation’s huge pension funds worth over eight trillion naira to the real estate sector as this will reduce the funding gap in the sector and assist even pensioners own their homes. The chairman estate surveyors and valuers registration board of Nigeria Nweke Umezuruike ...

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Experts reactions towards sustainable housing policy in Nigeria

sustainable housing

To provide sustainable housing policy, experts are moved by the increasing rate of urban population in Africa which would be more than 80 per cent by the year 2050 and the pressure to accommodate them. The have called for urgent steps to eradicate constraints fueling a mismatch between demand and supply of homes. According to them, there was the need ...

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Lagos seeks support from Ambode on healthcare center, schools, housing

housing

Residents of Mallam Village Community in Ebute Metta in Lagos State on Friday appealed to the Lagos State Government to provide them with a modern healthcare center, a primary school and housing. They made the appeal when Blue Baby Support Initiative (BBSI), a non-governmental organisation (NGO), distributed foodstuffs and other items to no fewer than 500 less privileged in the ...

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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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