“MD/CEO of Homes and Homes Real Estate Solution Limited, Dr. Ikem Ume-Ezeoke, is one of the leading names in the real estate industry. In this interview with journalists in Lagos, Ume-Ezeoke who established his firm in 2004 believes that housing deficit will be reduced drastically if the federal government provides cheap land and long term mortgage through Primary Mortgage Institutions. ...
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Court dismisses Lekki Gardens director’s motion seeking to quash charge
According to PM News, a Lagos High Court in Igbosere on Thursday dismissed a motion by the Executive Director of Lekki Gardens Estate Limited, Mr Sola Olumofe seeking to quash the criminal charges filed against him and others by the Lagos State Government over alleged negligence in the events leading to the collapse of a building in Lekki area of ...
Read More »A Struggle for Shelter in an Urbanizing World
Caveat Emptor!…Buyer beware…this house is not for sale…beware of 419. These phrases are commonplace in Nigeria where buyers often times have less information about properties to be acquired. As far as shelter is concerned in Nigeria, it’s the survival of the fittest. One of the critical challenges to sustainable development in the developing countries wherein Nigeria belongs is the lack ...
Read More »Leaking roof at airport due to construction works
“The Federal Airports Authority of Nigeria (FAAN) on Wednesday said the leaking roof in a part of the Murtala Mohammed International Airport, Lagos, was due to ongoing construction works at the airport.” – PM News FAAN, in a statement signed by its Acting General Manager, Corporate Affairs, Mrs Henrietta Yakubu in Lagos, said the upgrade was in compliance with the ...
Read More »Lekki Free Zone: Lagos urges investors to invest
According to The Guardian, the Lagos State Commissioner for Commerce, Industry and Cooperatives, Prince Rotimi Ogunleye, has urged investors in Nigeria, and all over the world to invest in the Lekki Free Zone, adding that government has also provided incentives that will encourage the ease of doing business. Addressing attendants of an investment meeting with city and bilateral Chambers of ...
Read More »Fletcher family claims it has title to Ofada land
The Nation reports that the Soremekun Fletcher family has debunked the claims that it has no title to the Ofada land in Ogun State in a suit with Baale Rabiu Adewunmi and 13 others. At a media briefing in Lagos, the family’s lawyer Chief Adekunle Funmilayo said the Appeal Court in Ibadan, the Oyo State capital, affirmed High Court’s decision ...
Read More »Access Bank and 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 ...
Read More »Heeding the seasonal flooding alert
“Given that the rainy season is bound to generate seasonal flooding in many parts of the country, it is necessary for government and the people to take proactive measures to prevent loss of lives and property, damage to crucial infrastructure, disruption of socio-economic activities and even displacement of people in flooded areas.”- The Guardian Against this background, the warning issued, ...
Read More »Stop construction, court tells Property Mart
The Guardian reports that Justice T.A.O Oyekan-Abdullahi has ordered Property Mart Real Estate Investment Limited to stop further construction work on its Grenadine Homes project located at Sangotedo, Lagos. Justice Oyekan-Abdullahi gave the restraining order following a motion on notice filed by Complete Leisure Estate Nigeria Ltd alleging that Property Mart Ltd had trespassed on its parcel of land where ...
Read More »Bosch strengthens commitment to Nigerian Construction Industry
This Day reports that Bosch, a German multinational engineering and electronics company, has promised to work keenly with players in the nation’s construction industry to enhance quality work in the industry as well as increasing the brand’s market share in Nigeria. This was the take home from a VIP market launch, which took place recently in Lagos with targeted demonstrations ...
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