“The Managing Director of Cross and Churchill, Mr. Taiwo Ogunbodede, has said the full potential of the real estate sector can be better realised if the government put in place adequate Infrastructure.”- The Nation Such endeavour, he further said, would also stimulate faster growth in the real estate sector. Ogunbodede, also the Chairman, Real Estate Developers Association of Nigeria (REDAN), ...
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FISH Programme: 30,000 houses ready for early beneficiaries
According to NAN, Mrs Winifred Oyo-Ita, Head of Civil Service of the Federation, said that the Federal Integrated Staff Housing Programme (FISH) has recorded over 30,000 potential off–takers in the first quarter of 2017. Oyo-Ita said this at the 2017 FISH Housing Summit tagged: “Innovative Strategies for Affordable Housing”, on Tuesday in Abuja. She said that the programme, which was ...
Read More »FMBN, REDAN, Shelter Afrique reach $2bn to tackle housing deficit in Nigeria
Nigerian Tribune reports that in the face of a housing deficit that numbers millions of units, Nigeria is working to increase home ownership by improving access to credit and reducing development costs for low-income housing. To address this problem, the FMBN signed a memorandum of understanding (MoU) in January with the Real Estate Developers Association of Nigeria (REDAN) and pan-African ...
Read More »LCCI inaugurates new group, tasks stakeholders on standardisation
“To further address concerns in the real estate sub-sector, the Lagos Chamber of Commerce and Industry (LCCI) has inaugurated a new group for the sector, even as it tasked the stakeholders on the need to embrace best global practices for sustainable growth.”- The Guardian According to the chamber, while there are prospects in the real estate sector, there are concerns ...
Read More »Oyo-Ita to Speak on Affordable Housing at IUHF Congress in Washington DC
“The 30th World Congress of International Union for Housing Finance holding in Washington DC on June 25-27 2017 will discuss opportunities and risks of investing in mortgage debt, including cross-border investments, funding alternatives to international finances capital, and tackling housing affordability challenge. There will be high-level sessions with eminent plenary speakers drawn from different countries including Asia, Africa, America and ...
Read More »Nigerian govt gifts parents of Abuja quintuplets house
According to Premium Times, the Head of Service of the Federation, Winifred Oyo-Ita, has promised to give a house to the couple that recently welcomed a set of quintuplets at the National Hospital, Abuja. The quintuplets, all girls, were born on April 12, 2017. The couple presently reside in a one bedroom apartment at Lugbe on Airport Road, in Abuja. ...
Read More »Adeosun meets int’l financiers over affordable housing
“Hopes of affordable housing brightened at the weekend as the Minister of Finance, Mrs Kemi Adeosun met with international finance Institutions at the World Bank Spring Meetings to fine-tune arrangements on how Nigerians can enjoy affordable housing.”- The Sun Speaking at a forum, Adeosun said: “Delivering affordable housing is critical to the delivery of our reform agenda and it is ...
Read More »QSRBN seeks national construction cost database
“To check corruption induced by inflated project costs in the construction industry, the Quantity Surveyors Registration Board of Nigeria (QSRBN) has called for the establishment of a national construction cost database.”- The Guardian The proposed costing templates will be for all categories of construction projects. Such templates should create a cost bands/ ranges for roads, bridges, railways, public buildings, and ...
Read More »Renting an apartment: which would you consider first – water, electricity or network?
House hunt or search can be very daunting. What’s more daunting is concluding on which place to finally pick when renting an apartment. This “unexpected” challenge crops up when you have two or more good choices. There are a lot of factors many people consider, among which are water, electricity, good roads, cost of living, proximity to the market, network ...
Read More »Fashola challenges CORBON to end building collapse
“The Minister of Power Works and Housing, Babatunde Fashola Thursday challenged the Council of Registered Builders of Nigeria (CORBON) to end incessant building collapse in the country. Fashola said during the council’s 15th induction ceremony, held in Abuja that the situation had reached an embarrassing proportion, thus needed a complete overhaul. He stated that since the Council was vested with ...
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