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Tag Archives: Lagos

Housing shortage: Fashola canvasses mortgage financing

Nigeria’s electricity reform law

“IN order to overcome the housing shortage in the country, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, has reiterated the need for mortgage financing options.”- Vanguard The minister in his key note address at the Nigerian Stock Exchange, NSE sub-Saharan Africa Real Estate Investment Trust (REITS) conference held recently in Lagos also stressed that the demand for advance ...

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Why You Should Enjoy Living And Working In Lagos

Lagos

Lagos may be the most populated city in Nigeria but it is also the most economically viable city in West Africa and one of the best places to live on the African continent. This article explains why you should live and work in Lagos. I have a couple of friends who swore never to live in Lagos while we were ...

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Lagos govt agency rejects request to demolish N28m building

Lagos govt agency rejects request to demolish N28m building

According to Vanguard, Lagos State Physical Planning and Permit Authority has turned down a request to demolish a N28 million building on Adeniji- Adele Road, on Lagos Island. The agency said that the property is structurally sound and not in danger of collapsing and  does not contravene any provision of the Lagos Physical Planning and Environmental Law. It also noted ...

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Don tasks architects on home designs for blighted urban areas

Don tasks architects on home designs for blighted urban areas

“With 70 per cent of Nigeria’s population living in unplanned and inhabitable slums, architects have been urged to come up with cheap and affordable housing designs to reverse the trend.”-The Guardian Nigeria has neglected parts of cities where housing and living conditions are appallingly lacking. These slums range from high density, squalid central city tenements to spontaneous squatter settlements without ...

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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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Realtors demand freezes in conversion of homes to commercial purposes

Realtors demand freezes in conversion of homes to commercial purposes

“In line with the goal of protecting their field of practice and monitoring the real estate sector, realtors have urged governments to intervene in the area of tightening control and restricting conversion of housing to commercial uses.”- The Guardian They argue that such moves are reducing the existing housing stock and advised that governments should not consider housing as a ...

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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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Professionals seek synergy to achieve quality housing

Professionals seek synergy to achieve quality housing

The Guardian reports that professionals in the building sector have solicited cooperation among the key players to achieve quality housing in the country. They made the call at the opening of the 2017 edition of Lagos International Housing Fair, which had participants from within and outside the country. The Chairman, Lagos International Housing Fair Committee, Moses Ogunleye, said professionals, researchers and government ...

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Police stalls arraignment of men who forged land documents

Women protest ‘forceful acquisition’ of ancestral land

“The arraignment of 12  persons alleged to have forged the title documents of a vast expense of land belonging to the Registered Trustees of the Estate of late Madam Efunroye Tinubu  was Tuesday stalled at a Lagos High Court sitting in Ikeja as the police failed to produce the defendants in courtroom. The defendants include Buhari Oloto, Tomori Williams, Adeyemi ...

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