Tag Archives: Housing

According to Vanguard, Lagos State Physical Planning and Permit Authority has turned down a request to demolish a N28 million building on Adeniji- Adele Road, on Lagos Island. The agency said that the property is structurally sound and not in danger of collapsing and  does not contravene any provision of the Lagos Physical Planning and Environmental Law. It also noted ...

According to The Nation, the Federal Mortgage Bank of Nigeria, FMBN says it has disbursed N2.3 billion to 3,104 beneficiaries under its housing renovation loans scheme nation wide. Its Managing Director, Ahmed Musa Dangiwa who spoke yesterday in Sokoto while flagging off the state’s disbursement exercise of N243.1 million to 263 benefiting  civil servants in the state service, assured that ...

According to Premium Times, Power, Works and Housing ministry has created 193, 469 jobs, with 40,429 direct and 153,040 indirect jobs, within the two years of President Muhammadu Buhari’s administration, the minister, Babatunde Fashola, said Tuesday. Speaking in Abuja at a town hall meeting to celebrate the mid-term of President Buhari’s implementation of the economy recovery and road plan, Mr. ...

“President/chairman of Council, Association of Housing Corporations of Nigeria (AHCN), QS Mohammed Baba Adamu has disclosed that the professional body has commenced the process of structuring a N500 billion revolving housing intervention fund from the Central Bank of Nigeria (CBN) to facilitate mass housing construction in Nigeria To this end, he confirmed that the association has created an off-takers database ...

“In the bid to promote affordable housing in Nigeria, not more than 400 local and foreign exhibitors will feature in the 11th Abuja Housing Show, says its convener, Fesadeb Communications Ltd. Mr Festus Adebayo, Managing Director of the organisation, told the News Agency of Nigeria (NAN) in Abuja on Friday that the exhibitors would come from Nigeria and 10 foreign ...

According to The Nation, the Director-General of Nigerian Building and Road Research Institute (NBRRI), Professor Danladi Matawal, has said using locally-sourced building materials will not only save money for the builder, but can be more environmentally-suited to a particular locality. Matawal, a professor of Civil Engineering, spoke at the 17th Lagos International Housing Fair, which held at the Lagos Airport ...

Here is what Proshare thinks about affordable housing and the slowly recovering economy Today we turn our attention to Nigeria’s housing market. The housing deficit is currently estimated at 17 million housing units, with Lagos and Abuja accounting for 15% and 10% respectively of the total deficit. In both states, several completed residential buildings remain vacant as affordable housing is ...

“In line with the goal of protecting their field of practice and monitoring the real estate sector, realtors have urged governments to intervene in the area of tightening control and restricting conversion of housing to commercial uses.”- The Guardian They argue that such moves are reducing the existing housing stock and advised that governments should not consider housing as a ...

“With Nigerian mortgage industry entering a new era in which efficiency, speed and the customer experience will be more crucial than ever, housing professionals have urged the new helmsman of the Federal Mortgage Bank of Nigeria, (FMBN) Ahmed Dangiwa to focus on cheap and long term funds, with low digit interest rates and longer debentures.”- The Guardian They believe that housing ...

A lot of questions have been raised in time past as regards house repairs. In fact, this has generated a lot of argument. Both tenants and landlords constantly feel cheated because either feel they are being forced to pay for house repairs supposed to be handled by the other. We asked people on Facebook to air their opinions on who ...