Tag Archives: Lagos State Government

“The construction sector has been a very significant contributor to Nigeria’s GDP, adding as much as 3% to national output. Although the sector has been severely affected by macro-economic headwinds in the recent past quarters, the sector still has great potential to contribute significantly more, in the short term, given the government’s current focus on investing in infrastructure as well ...

The United Nations projects that Nigeria’s population will cross the 250 million mark by 2030. An estimated 10th of this figure will live and work in Lagos in an estimated area of 356,861 hectares of which 75,755 are wetlands. To the Lekki Free Zone (LFTZ), this presents development opportunities for real estate developers. Through the LFTZ, the host communities are ...

“Sheltering under planks on his boat moored at a waterside slum in Lagos, fisherman Thomson Pascal is trying to protect his six children from the rain flooding into what is now their new home. He is one of 30,000 residents who have been living in boats, shacks or in the open since bulldozers escorted by policemen destroyed their slum dwellings ...

“CHALLENGES of housing in terms of quality and quantity appear to be the same all over the world, but in Nigeria, it is a complex case. Hardly would any event organised by professional bodies in the built environment pass without touching issue of paucity of housing delivery in Nigerian, yet, not much has been achieved.”-Nigerian Tribune But recently, at different ...

Acting President Yemi Osinbajo has given the Lagos state government the go ahead to reconstruct the road linking Murtala Muhammed International Airport to Oshodi in the state. Akimwunmi Ambode, the state governor, had earlier accused the ministry of works, power and housing of frustrating efforts of his administration to reconstruct the road. He had said that despite having the funds ...

“Governor Akinwunmi Ambode has terminated the contract for the construction of the 4th mainland bridge. According to reports, a Memorandum of Understanding (MOU) was signed with a consortium of companies on May 25, 2016. The Lagos state government said the contract was terminated because the concessionaire was working at a slow pace. Speaking at a ministerial briefing at Alausa, Ikeja, ...

“The Lagos State government has acquired 500 hectares of land in Eluju-mowo, along Itoikin-Epe road for Farm Estate Initiative, to address the various challenges facing agriculture in the state.”- The Guardian It has also fully compensated the five affected communities, whose crops were affected. Speaking at a cheque presentation ceremony, held at the Ministry of Agriculture, Ikeja, Special Adviser to ...

Here is what Proshare thinks about affordable housing and the slowly recovering economy Today we turn our attention to Nigeria’s housing market. The housing deficit is currently estimated at 17 million housing units, with Lagos and Abuja accounting for 15% and 10% respectively of the total deficit. In both states, several completed residential buildings remain vacant as affordable housing is ...

“The Lagos State Government on Monday disclosed that there are over 60 abandoned buildings belonging to the Federal Government on Lagos Island Central Business District, CBD, which have been converted to criminal hideouts by hoodlums.”- PM News Special Adviser to the Governor on Central Business District, CBD, Agboola Dabiri disclosed this on Monday at a ministerial press conference in Alausa, ...

“To stem the tide of building collapse in Lagos and other parts of the country, the Nigerian Society of Engineers (NSE) has called for collective responsibility from professionals in the built environment and members of the public.”- The Guardian The group said the collapse of buildings have become a serious challenge in the country, especially in Lagos area and therefore requires urgent actions so that ...