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Tag Archives: Lagos State Government

Access Bank and others as key partners to construction Industry

Access Bank, others as key partners to construction Industry

“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 ...

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LFTZ: Catalyst for real estate market, urban growth

LFTZ: Catalyst for real estate market, urban growth

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 ...

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Hard times for Lagos slum dwellers caught in race for land

worst cities in the world to live

“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 ...

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Osinbajo gives Ambode approval to repair airport road

Lagos state governor donates 120 generators to Lagos police command

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 ...

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Governor terminates contract for construction of 4th mainland bridge

Lagos state governor donates 120 generators to Lagos police command

“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, ...

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Lagos acquires 500 hectares of land for farm estate

Lagos acquires 500 hectares for farm estate

“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 ...

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Forward steps with affordable housing

Tackling housing challenge in Lagos

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 ...

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60 abandoned Nigerian Government buildings In Lagos turn criminal hideouts

60 abandoned Nigerian Government buildings In Lagos turn criminal hideouts

“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, ...

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Engineers proffer solutions to building collapse, food waste

Engineers proffer solutions to building collapse, food waste

“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 ...

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