Tag Archives: Lagos

According to The Nation, two artisans were yesterday killed and another injured after a building collapsed in Lekki area of Lagos State. The building, situated at Nicon Town Estate, Admiralty Way in Lekki Phase One, was under construction when it caved in around 11:40a.m. The deceased simply identified as Tasiu and Abdulahi were crushed by the collapsed beams of the ...

“A Lagos- based real estate company – Realty Point Limited has again unfolded its flagship mass housing programme, Cedar Homes, which is pioneering eco-friendly and environmentally sustainable gated community. The estate showcases five unique attraction points which include Flexible Design Concepts, Reservation of Units for as low as N10, 000 an Escrow Account where monies paid by customers will be ...

According to This Day, an Ikeja High Court has restrained one Bamidele Jemiyo, the claimant in a disputed land suit, from trespassing on a parcel of land situated along the Lagos-Epe express road close to Chevron Headquarters. Justice Kazeem Alogba in his judgment also declared the defendants, Mr. Atiku Abogun and Chief Semiu Abogun the persons entitled to the right ...

The Guardian reports that a Lagos group, Concerned Citizens Forum, has given a fresh insight into the state’s new environmental law, describing it as not only draconian, unprogressive and anti-people but designed to mortgage it to foreign interests. In a statement issued in Lagos and signed by its convener, Michael Olayiwola, the group called on the State Government to immediately ...

According to Leadership, experts in the real estate sector have commended the federal government for accepting to provide 10 percent funding for the National Housing Fund, NHF contributors seeking loans of N5million and below. They have also urged the federal government to empower mortgage institutions to carry out their statutory responsibility The acting managing director of the Federal Mortgage Bank ...

PM News reports that the Economic and Financial Crimes Commission (EFCC) has denied a report circulating in the social media that Lagos lawyer and human rights activist Mr Femi Falana SAN was a beneficiary of some assets seized from a former governor of Bayelsa State, Late Diepreye Alamieyeseigha. The commission in a statement signed by its spokesman, Wilson Uwujaren, described ...

When flood disasters occur, a traditional reaction is to suggest the straightforward, obvious, simple solution of not building on floodplains.  But what if building on a flood plain is the only option you have? In principle, not building on floodplains is the easiest and clearest solution and it is the solution which many locations have miserably failed to adopt so ...

“Nigeria’s mortgage lenders are buckling under the weight of unpaid loans as job losses and inflation, which are at a near record-high, hinder the ability of customers to settle their debts.”- Business Day “They are just struggling to survive,” Adeniyi Akinlusi, president of the Mortgage Banking Association of Nigeria, said in an interview in Lagos, the commercial capital. “A lot ...

Last week Friday was fun as we conducted an opinion poll titled, “Would you take an opportunity to live as a tenant in Lekki over owning your house in Mushin.” Many people will no matter what want to own a house, anywhere. As long as it is ‘my house’, give it to me! We however have the ‘I would do ...

According to The Guardian, on-going public and private sector synergy leading to the development of Dangote Refinery Project and Lagos Free Trade Zone (FTZ) have been received by the real estate community last week with mixed feelings, with the leadership of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) decrying the non-involvement of members in the investment opportunities along ...