Tag Archives: Housing

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 ...

“The Nigeria Security and Civil Defence Corps ( NSCDC ) has moved to key into the Federal Government’s housing policy to address the accommodation needs of its personnel.”- The Nation Spokesman of the Corps, Mr Emmanuel Okeh, disclosed this in a statement in Abuja on Thursday. Okeh said the Commandant General (CG) of the Corps, Mr Abdullahi Gana, announced the ...

Independent says that the United Nations has designated the first Monday of October of every year as World Habitat Day. The theme for World Habitat Day 2 October 2017 is Housing Policies: Affordable Homes. In a statement by Dr. Joan Clos, Un-Habitat Executive Director, the purpose of World Habitat Day is to reflect on the state of our towns and cities, ...

“Wema Bank promotes home ownership for youths. It has reiterated its commitment to give the millennials (the youths) the opportunity to save and have their own homes, own cars or go on vacation.”- The Nation Armed with over seven decades experience on providing banking services, Wema Bank introduced an insight-driven, innovative digital offering to Nigerians earlier in the year. The ...

“The huge housing deficit level in Nigeria’s housing sector is worrisome. As at 2012, experts estimated the deficit to be at a minimum of 17 million units and recently raised an alarm that the figure could be up to 20 million units if a proper investigation of the state of affairs in the sector is undertaken. Worse still, experts say ...

The Guardian reports that over 50 leading Nigerian companies and counterpart firms from the UK, Ghana, South Africa and UAE are some of the organizations that would participate at the 2nd Nigeria Real Estate Summit and Expo to hold in Lagos.Announcing this at an interactive meeting with stake holders in Lagos, Steve Ike, head of the summit’s organsing committee stated ...

According to The Nigerian Tribune, the Oyo State Chapter of All Progressive Congress , APC, Oyo state has challenged the former Governor of the State, Senator Rashidi Ladoja to produce the evidence that he asked the Oyo State Housing Corporation for the cost of the land magnanimously allocated to him by the state government. The party equally noted that the ...

“Sterling Bank Plc, has won the Housing Friendly Commercial Bank of the Year Award for its remarkable impact on housing delivery in Nigeria’s housing sector.”- The News Receiving the award at the 12th edition of the Abuja Housing Awards in the Federal Capital Territory (FCT), Abuja recently, Sterling Bank’s Non-Interest Banking (NIB) Group Head, Mr. Basheer Oshodi said, the Bank ...

According to The Tide, a  Port Harcourt-based property developer, Philemon Okwudu says the solution to addressing the housing deficit problems in Nigeria is through the availability of land. Okwudu reasoned that if the country’s housing needs must be met then land should be made available for real estate development. He noted that presently, according to the Land Use Act, all ...

“The Minister of Transportation, Rotimi Amaechi, has disclosed that President Muhammadu Buhari ordered him and the Minister of Power, Works and Housing, Babatunde Fashola, to connect the 36 states of the federation and the Federal Capital Territory (FCT) by rail.”- Daily Post Amaechi made the revelation during the 15th National Council on Transportation, NCT, in Sokoto. He said, “The President ...