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Tag Archives: Housing

Babatunde Raji Fashola confirms Buhari’s administration is slow

Babatunde Raji Fashol confirm Buhari's administration is slow

Babatunde Raji Fashola, the minister of Power, works and Housing Development has on Monday said that president Muhammadu Buhari administration is slowly but it surely delivered his promises to the Nigerians. Fashola stated this when declared open a one-day stakeholders’ meeting on power sector in Lafia the state capital. According to the Minister, “What brings us here today is to ...

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Lagos Government seals Badoo sponsor’s properties

Badoo sponsor-properties sealed by the Government

As part of the measures to defeat the Badoo menace in Ikorodu, the Lagos State Government has frozen the properties of Alhaji Alaka Abayomi Kamal, a man thought to be the Badoo sponsor. The assets which include a Petrol Filling Station, hotel and event centre, were sealed off on Wednesday, January 3, 2017. According to the Linda Ikeji’s Blog (LIB), the valuables ...

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David Mark cries out to EFCC on 748m house: “You are chasing shadows P5”

Senator David Mark

A former Senate President, Senator David Mark, yesterday said the accusations by the Economic and Financial Crimes Commission (EFCC) or any other government that he purchased his N748 million Apo Residential House illegally were  spurious, contrived and baseless. He said the EFCC or any other agency were chasing shadows in probing how he bought his house. He insisted that he ...

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Road construction in Apapa-wharf only 10% completed

The Federal Ministry of Power, Works and Housing (FMPWH) reported that the Apapa-Wharf Road construction in Lagos State has only achieved 10% completion. The project execution was delayed due to the presence of gas pipes and other utilities in the road’s Right of Way(RoW) said Mrs Olukorede Keisha, an FMPWH engineer supervising the project on Tuesday at the project site. ...

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An Overview of the Building and Construction Sector in Nigeria

building and construction industry in Nigeria

The Building and Construction sector is very crucial in any nation’s social and economic development. There are many factors responsible for this. This article gives an overview of the building and construction sector in Nigeria. Apart from the Building and Construction sector’s potential with respect to employment generation, the various activities undertaken in the sector are very germane to fostering ...

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Osinbajo restates FG’s commitment to provide housing for low income citizens

housing for low income earners

Vice President Yemi Osinbajo has reiterated the commitment of the Federal Government to tackle the housing deficit, especially housing for low income earners in the country. Osinbajo, who was represented by the Minister of States for Power, Works and Housing, Mr Suleiman Hassan, said this in Abuja on Tuesday at a One-Day High-Level Dialogue on a Pro-Poor PPP Housing programme ...

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FESTAC Property Development Company Limited and FHA collaborate

FESTAC Property Development Company Limited

“The New FESTAC Property Development Company Limited (NFPDCL), in conjunction with the Federal Housing Authority (FHA), Southwest Zone, have partnered to develop the FASTAC Phase 2 Project in FESTAC Town, Lagos.”- The Nation The firm’s Executive Vice Chairman, Sir Isaac Chuks, said the FESTAC Phase 2 project has a land mass of 1,126 hectares, which was part of the 2, ...

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Stakeholders in the housing sector contemplate monthly rent payments

Stakeholders in the housing sector contemplate monthly rent payments

“Concerned about the sufferings encountered by tenants in the country, especially in urban centres like Abuja, Lagos, Kano, Port-Harcourt, among others over accommodation rents, stakeholders are  contemplating a legislation that would peg rent to a maximum of one month, instead of one, two or more years that has become the norm.”- Nigerian Tribune This decision was being contemplated after the ...

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Onalaja urges Federal Government to carry out reforms in housing sector

reforms in housing sector

The Federal Government has been urged  to carry out reforms in housing sector ; facilitate the amendment of the Land Use Act and create enabling environment for private developers to assist government in tackling the consistent problems of housing deficit in Nigeria-  The Tribune Bamidele Onalaja, the Chief Executive Officer of RevolutionPlus Property Development Company, made the appeal recently in Lagos during ...

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RENT TO OWN: Another path to owning a home.


Owning your house in a country like Nigeria, especially in metro cities of Lagos, Abuja and Port Harcourt is a laudable accomplishment considering the high cost of living. In this article, we take a look at an alternative to paying rent and being treated shabbily by your landlord. The cost of renting a standard house is so back-breaking, sometimes having ...

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