Tag Archives: Housing

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 ...

The Nigerian Institute of Architects (NIA), has called on the Federal Government to look into several options to tackle the country’s housing deficit. NIA made this known during a visit to the Minister for Power, Works and Housing, Mr. Babatunde Fashola. The Nation reports that NIA’s President, Tonye Braide, said the institute had developed concepts on mass housing, which proposed an ...

The Federal Government has invited experts to make vital inputs into its Medium Term National Economic Plan. Vanguard reports that the experts include Prof. Akpan Ekpo; Prof. Olu Ajakaiye; Prof Joe Umoh; Dr. Obadiah Mailafia; Dr Ayo Teriba; Dr Dotun Sulaiman; Dr Ayo Salami; Mr Boda Agusto; Mr Bismarck Rewane; Mr Frank Nweke; Engr Mansur Ahmed; and Mrs Adepeju Adebajo. Vanguard ...

The Guardian reports that Frontline Primary Mortgage Bank (PMB), Lagos Building Investment Company Plc (LBIC), has kick-started the renewal of all estates under its purview to enhance their economic value and make them safer for residents. According to The Guardian, the company also repositioned itself as the premier mortgage institution creating opportunity for ownership of good quality, contemporary and well-maintained ...

Vanguard reports that a civil society organisation, the Save Lagos Group has raised an alarm over widespread abuse of the Lagos State Tenancy Law by house owners in the state, with a call on the state government to live up to its obligations of enforcing the law. Vanguard reports that according to the Save Lagos Group, there is the need ...

Owing to the situation of housing deficit in Nigeria, a Lagos-based real estate development company, Sage Homes, has launched a housing project known as The Palms Resort & Residences, a luxurious, resort-cum- residential upmarket development located in the Lekki Free Trade Zone area of Lagos State. Vanguard reports that the development, modeled on the iconic Palms Jumeirah in Dubai, covers five hectares ...