Tag Archives: Nigerians

An expert in the real estate sub-sector, Bode Adediji, has revealed that only about 30 per cent of Nigerians have access to decent living and houses in the country.  He said this is due to estate crisis following poor real estate management which he identified as a major threat to the country’s development.  He spoke as a guest lecturer at ...

The Federal Government’s special housing intervention programme, Family Homes Funds, is set to inaugurate an affordable housing project in Asaba, Delta State. The estate, developed by the FHF in partnership with Delta State Government, is made up of 650 housing units for low-income earners and will be inaugurated by the Vice- President, Prof Yemi Osinbajo, alongside the Managing Director of ...

The Lagos Chamber of Commerce and Industry (LCCI) has commended President Muhammadu Buhari for declining assent to National Housing Fund (NHF) Bill. The chamber said the bill would have caused more problems for citizens. Mr. Muda Yusuf, the Director-General of LCCI, gave the commendation on Friday in Lagos. President Buhari had on April 2, declined assent to the National Housing ...

To mark the 2019 International Day of Forests (IDF) celebrated annually as tree planting day, members of Hall 7 Real Estate Management has called for massive sensitization of Nigerians on the need to preserve the environment through planting of trees. The chief executive officer of Hall 7 Real Estate, Mr. Olayinka Braimoh, stated this while speaking to journalists during tree ...

The Federal Government is to partner with India to boost infrastructure development in the country, Mustpha Shehuri, the Minister of State for Power, Works and Housing has said. Shehuri who made this known on Tuesday in Abuja when the India’s High Commissioner to Nigeria, Mr Abhay Thakur, paid him a courtesy visit, said that the federal government has recorded remarkable ...

The minister of power, works & housing, Babatunde Raji Fashola has challenged quantity surveyors to use their skills and knowledge to address the high cost of constructing projects in the country for value maximization. He stated this in Abuja yesterday at the 2019 Annual Assembly of registered QS and induction of newly registered QS and practising firms, organised by the ...

5,000 housing units will be constructed for the less privileged in Bauchi State by ‎a Non-Governmental Organisation (NGO), Africa Nation Development Programme (ANDP). The houses will be built across 10 local government areas across the state in two years. The Bauchi State government ‎has provided plots of land for the project. Speaking, the Director General of ANDP, Samson O. Omojuyigbe,‎ ...

The Minister of Works, Power and Housing, Babatunde Raji Fashola, has disclosed that over 50,000 Nigerians are now engaged in 77 works and 50 housing construction sites across the country, while only 277 foreigners are working in the sites. According to Fashola, the figures are contained in the “Inception Report” the Ministry of Works, Power and Housing recently commissioned to ...

Nigeria recorded a total investment commitment of $45.7bn in various sectors of the economy within the first six months of this year. Figures obtained from the Nigerian Investment Promotion Commission showed that the $45.74bn investment commitments were made for 42 projects in nine states and the Federal Capital Territory. The sectoral analysis of the commitments indicates that investors were willing ...

The Federal Mortgage Bank of Nigeria (FMBN) plans to recapitalise to the tune of N500 billion, its Managing Director, Ahmed Dangiwa, has said. Dangiwa, who spoke with State House correspondents after a closed-door meeting with Vice President, Yemi Osinbajo, at the Presidential Villa, said the recapitalisation would boost service delivery. He said: “We came to see the vice president as ...