Tag Archives: land use act

The 19th president of Nigerian Institute of Estate Surveyors & Valuers and the managing partner of Bode Adediji Partnership, Mr. Bode Adediji in this interview with Olushola Bello, laments over the huge housing deficit in Nigeria. Read Excerpts below: What is the problem with real estate in Nigeria? It is now a common knowledge that Nigerians have been suffering from ...

Dr Aliyu Oroji Wamako is the vice president of Real Estate Developers Association of Nigeria(REDAN) and CEO of Jedo Investment Limited. In this interview with Chika Okeke, he spoke on issues affecting the built industry and why it would be difficult for the private sector to provide affordable housing. Read below: Stakeholders are optimistic that it will take government next ...

As President Muhammadu Buhari sets to constitute his cabinet, which is hoped to give direction to his economic policy, investors in the real estate sector have tasked him on the need for the review of the age-long Land Use Act and coming up with a special interest rate for housing loan. The investors contend that acting on these two factors ...

This article is the first of a series on the steps to be taken before you acquire a property in Lagos. From the legal frame work to the land acquisition procedures till you put paid to your real estate investment. The basic legal framework for the acquisition of land in Nigeria is the Land Use Act, Laws of the federation ...

Ex-president of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), Mr Bode Adediji, has called for the revocation of the Land Use Act (LUA), saying its presence has withheld the progress of the nation’s housing sector. Mr Adediji made this known in a recent chat with the media where he also opined that only policies backed by appropriate actions ...

The Lagos State Government has released over N1.025bn as compensation for owners of landed properties affected by development activities in the state. The Lagos property owners are to divide the compensation grant among themselves. According to a statement by the state Lands Bureau, the compensation was paid to those whose landed properties and buildings were acquired for overriding public interest ...