Tag Archives: NREH

Lekki Gardens MD and his contractor have been remanded in police custody for 30 days, pending investigation into the building collapse which killed over 20. Freeze Cool FM has slammed the decision, saying Prophet TB Joshua whose building collapsed, killing over a 100 is yet to even appear in court.   Read below: What really is Justice??? I have no ...

The Okuokphellagbe of Okpella Kingdom, Alhaji Yusuf Dirisu, has stated that Africa’s richest investor, Aliko Dangote’s decision to establish a cement factory in Okpella, Edo State, will create employment opportunities and bring infrastructural development to the people of the kingdom and its environs. The traditional ruler added that the entire community had been looking forward to such an investment for ...

The president of the Nigerian Institution of structural Engineers, Oreoluwa Fadayomi has said that Education is key in order to curb building collapse in the country. In an interview with Maureen Ihua-Maduenyi of punchng, he said the citizens need to be educated on the consequences of patronising non-professionals in building construction. Read excerpts below: A lot has been said and ...

Lagos State Governor, Akinwunmi Ambode, on Monday sacked the General Manager of the Lagos State Building Control Agency, Mr. Adeigbe Olusola, over the Lekki Gardens building collapse. The Governor’s decision followed an investigation indicting the General Manager for negligence in the Lekki Gardens building collapse. In a statement issued Monday, Mr. Ambode also fired Adeoye Adeyemi, the Head of Inspection ...

The Executive Director, Grenadines Homes, Mr. Adesope Adeyinka, has urged stakeholders in the nation’s real estate sector to see Nigeria’s housing need as cutting across various economic strata, adding that they should not be misguided by the belief in certain quarters that housing need is limited to the middle class. Mr. Adeyinka who disclosed this while speaking recently about the ...

Wife of the popular comedian, Elsie Okpocha, took to her instagram page to make a case for the embattled Managing Director of Lekki Homes, Richard Nyong. Mr. Nyong, 34, was apprehended on Thursday, following the collapse of the building at Kushenla Road, Ikate Elegushi area of the state on Tuesday which killed 35 people The building crumbled around 3am on Tuesday ...

Back in September 2015, 50 Cent posted the picture below on Instagram of a luxurious home in Africa (he never said where in Africa)  and said he was going to have the craziest house warming party ever. In light of 50 Cent‘s bankruptcy case, the rapper is coming clean on some ‘white lies’ he told in regards to his financial situation. ...

An Ebute-Metta Chief Magistrate Court on Friday ordered the remand of the Managing Director of Lekki Gardens, Richard Nyong, for 30 days, as police investigate the deadly collapse of a five-storey structure handled by the firm. The building collapse at Kushenla Road, Ikate Elegushi area of the state, Tuesday, killed 35 people. The court also ordered one of the contractors ...

Even as traditional sources of funding for the real estate sector have declined on account of weakening balance sheets of real estate companies across the country, the private equity investments have witnessed a jump. According to a report by real estate consultancy Cushman & Wakefield, total private equity (PE) investments from foreign funds in Indian real estate increased 33 per cent, from ...

A new report into the 2015 global luxury real estate market by Knight Frank ranks Vancouver as the top performing city worldwide. In a top 100 list that includes Shanghai, San Francisco and Monaco, Vancouver is the clear leader, with prices accelerating 24.5 per cent last year. Sydney, ranked second, grew just 14.8 per cent in the same time period. Toronto placed at ...