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Tag Archives: Housing

“I Built My House on a Tight Budget”: Enakeno Atagbaza

This is a testimony of how this man built his house on a tight budget. Having initially thought he wouldn’t be able to build a house anytime soon, he was guided and eventually has become a landlord today. If he could do it, you can also SACK YOUR LANDLORD! Please introduce yourself Sir? My name is Enakeno Atagbaza and I ...

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London overtakes Hong Kong as World’s most expensive city to live and work.

A new research released by an international real estate adviser Savills, revealed that London has become the world’s most expensive city for companies to locate employees, overtaking Hong Kong, which had previously topped the ranking for an unbroken five year period. New York and Paris complete the pack of four leading cities, where the combined costs of renting residential and ...

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HOUSING: FMBN gets 10,596 applications for N48b NHF Loan

IN a fresh move to provide housing for Nigerians, the apex mortgage institution – Federal Mortgage Bank of Nigeria [FMBN] plans to provide National Housing Fund (NHF) loan to 10,596 applicants, worth about N48 billion. FMBN Managing Director, Mr. Gimba Ya’u Kumo, announced the new funding last week during the NDIC year 2014 Sensitization Workshop for operators of Primary Mortgage ...

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N3.2Trn to be generated from Abuja Land Swap Investment – FCT Minister

Lugbe Project

The Minister of the Federal Capital Territory Administration, FCTA, Senator Bala Mohammed has disclosed that with the successful implementation of the on-going Abuja Land Swap Initiative, over N3.2 trillion secondary investment is expected to be generated for the Federal Capital Territory. Speaking while receiving the National Executive Committee of the Nigerian Society of Engineers (NSE), led by its President, Ademola ...

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Lagos Embarks On New Housing Projects In Central Lagos Island

Landlord matters Nigeria

Convinced of the positive impacts the urban renewal scheme would have on the state and her residents on one hand, and the entire real estate industry, the Lagos State Government has expressed its determination to ensure its central Island and environs are fully regenerated. Senior officials of the government spoke at the commencement of a two high-rise residential projects within ...

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The ‘Magic’ In Real Estate

Raise the topic of real estate at any gathering today and the question whether housing values are well founded routinely arises. Generally, most people feel very positive about the housing market outlook, as reflected in the results of a recently reported survey that gauges the mood of people from coast to coast. It found that respondents’ views as to the ...

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FCT accounts for 10% of 17m housing deficit in Nigeria — Bala Mohammed

demolitions in abuja

Minister of the Federal Capital Territory Administration, FCTA, Senator Bala Mohammed disclosed at the weekend that the FCT accounts for 10 per cent of the 17 million housing deficit in Nigeria. The minister disclosed this while commissioning a 49-unit luxury apartments christened “AICL Apo- Dutse Housing Estate”. According to him: “From statistics, the housing deficit in Nigeria is about 17 ...

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FG sets to check Housing deficit

The framework for conducting a National Housing Survey to establish and determine the housing deficit in the country has been developed by the Federal Government, the Minister of Lands, Housing and Urban Development, Mrs. Akon Eyakenyi, has said. She said the survey would determine the actual number of houses needed across the country instead of depending on estimates and unproven ...

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20,000 Housing Units Provided By FRSC For Its Personnel

Federal Road Safety Corps has concluded plans to construct 20,000 housing units across the country for its personnel under a housing scheme tagged “Vision 20,000 housing project.” Making the disclosure recently, while receiving the management team of the Federal Mortgage Bank, the Corps Marshal, Boboye Oyeyemi, reiterated that the housing initiative was informed by the need to provide the required ...

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