Tag Archives: Housing

Personally, I am of the opinion that if a young married man is nursing thoughts of building his own house, and hopes to do it at an age when youthfulness is still visible on him and not when he is old, he will need to meaningfully sell his wife the dream. It is worthy to note that a wife is ...

As a result of the present economic recessing facing the country, some house-owners in the Federal Capital Territory (FCT) have reduced their house rents so that people can afford the houses. NAN reports Many houses in the FCT have remained unoccupied as many people can no longer afford to pay rents due to the harsh economic situation. NAN checks revealed ...

The Guardian reports that the Federal Government through the office of the Head of Service (HOS) has entered into an agreement with a housing developer, Brains and Hammers to build at least 3,000 housing units in 72 hectares of land located in Bwari, Abuja. The housing units which are to be completed within 6 months is to enable the civil ...

New Telegraph reports that the monthly inflation rate commonly referred to as Consumer Price Index (CPI) has risen by 0.15 per cent from 18.33 per cent to 18.48 per cent in the month of November, according to the monthly inflation data released by the National Bureau of Statistics (NBS). NBS cited increases in costs of water, housing, electricity, gas and clothing ...

Lagos State Governor, Akinwunmi Ambode, on Thursday, urged residents to take advantage of the state’s Rent-To-Own and Rental Housing policy to become house owners and address housing problems in the state. Vanguard reports that Ambode, represented by his Deputy, Dr Idiat Adebule, made the call at the flag-off of the Rent-To-Own and Rental Housing policy in Sir Michael Otedola Estate, ...

As part of efforts to improve road networks in Delta State, the authorities made it known that they have embarked on 71 road projects at a total cost of N32.9 billion between May 2015 and November 2016. The Guardian reports that the State’s Commissioner for Works, Mr. James Augoye who spoke in Asaba at a ministerial press briefing explained that ...

UACN Property Development Company (UPDC) Plc, last week unveiled another residential project in Lagos, The Residences, which is a milestone towards reducing the huge housing deficit in Nigeria in general and Lagos in particular. According to The Guardian, The Residences, located within the former Durban Hotel, now Golden Tulip Festac Hotel, Janet Fajemigbesin Street, Off Festac Link Road, Amuwo Odofin, ...

As part of efforts to reduce the effects of the current economic downturn in the country, the Lagos State Government, yesterday, said it has concluded plans to start allocation of houses using the newly-introduced rent-to-own policy. Vanguard reports that the State’s Commissioner for Housing, Prince Gbolahan Lawal, who disclosed this at a press conference ahead of the launch of the scheme, ...

Women have been encouraged to participate in Nigeria’s real estate sector in order to meet their growing needs and guarantee family’s future. Leading the call at a seminar themed: “Essentials for Success in Real Estate Investments”  and organised for Women by Knightstone Properties Limited in Lagos, former Attorney General/Commissioner for Justice, Cross River State, Mrs. Nella Andem-Rabana urged women not to ...

Vanguard reports that the ancient Ikate Elegushi Kingdom has launched an Imperial City Promo project, which would give hard working Nigerians the chance to own a plot of land worth N42m in one of the high brow areas of Lagos State. According to Vanguard, the Imperial International Business City (IIBC), which is the first self-sustaining eco-friendly smart business city in ...