Egyptian Housing Minister, Mustafa Madbouly, said plans are underway to build 1 million homes for the poor people at a cost of almost 20 billion dollars over the next five years. He said on Wednesday in Cairo that the plan was aimed at easing a crunch that has seen slums and unlicensed buildings spread since the 2011 revolt. Madbouly said ...
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LASG Salvages N98.3bn Property From Fire
The Lagos State Government says over N98.3 billion worth of property were salvaged while about N16.4 billion property were lost to various fire incidents from Jan. 1, 2015 to date. The Commissioner for Special Duties and Inter-governmental Relations, Mr Oluseye Oladejo, made the disclosure at a news conference on Tuesday in Alausa, Ikeja. Oladejo said that over 1,667 emergency calls ...
Read More »Delta Sets Up Committee To Identify Undeveloped Plots Of Land In Asaba
The Delta State Commissioner for Lands, Survey and Urban Development, Sir Dan Okenyi, has set up a committee to identify undeveloped plots of land earlier allocated to individuals and organisations in the metropolitan area of Asaba, Delta State capital. The committee, headed by Mr. Alex Eboka, will identify plots that were yet to be developed by their owners two years ...
Read More »Fire Guts NITEL Building In Lagos
Fire on Tuesday razed the top part of NITEL building now known as Bankole house, located along Marina, Lagos. The fire started around 4.30 pm but the cause was still unknown as at press time. Similarly, the extent of damage could not be ascertained. Daily Trust gathered that rescuers from Federal and State fire service as well as the police ...
Read More »Professionals Call For Synergy Among Professional Groups Against Building Collapse
The Nigerian Institution of Structural Engineers and the Building Collapse Prevention Guild (BCPG) have called for synergy among the seven professional groups in the built environment to tackle various challenges confronting the industry. According to them, it would take cooperation for the construction industry to attain success in addressing some of the issues in the industry, particularly building collapse. The ...
Read More »NBCC Signs Contract For The Construction Of Lekki’s N450m Plaza
Contract For The Construction (NBCC) has officially signed a contract for the construction of its N450m plaza. The Plaza, a four-storey edifice, located at the Chamber’s secretariat, Lekki Phase1, is to be completed in 50 weeks. It was designed to accommodate an events centre, shopping centre, two training suites, meeting rooms, office and will host foreign trade delegations from the ...
Read More »Adamawa Awards N6billion Road Contracts In 7 months – Governor Bindow
Governor Jibrilla Bindow of Adamawa said his administration had awarded contracts for the rehabilitation of 46 kilometres of road networks in Yola, Jimeta and Mubi since his inauguration seven months ago. He stated this while interacting with some editors in Yola, the state capital. Mr. Bindow said that most of the roads across the state were in disrepair when he ...
Read More »‘Replicating Festac Town Is No Longer Feasible’ – Bode Adedeji
Former President, Nigerian Institution of Estate Surveyors and Valuers (NIESV) Bode Adediji has said replicating FESTAC town is no longer feasible. He said what the government needed to do is to have the right policy and enabling environment for the private sector to thrive in the real estate sector by liberalising land and property ownership through the reduction of bureaucracy ...
Read More »How Ex-Gov. Ikedi Ohakim Acquired N270million Abuja Home – Witness
A prosecution witness, Abu Sule, on Monday told a Federal High Court, Abuja, that he was used as a proxy by former Gov. Ikedi Ohakim of Imo State to acquire N270 million home in Abuja. Mr. Sule gave the evidence at the resumed trial of Mr. Ohakim on charges of money laundering and false assets declaration preferred against him by ...
Read More »“Fayose’s Price Increase Of Construction Raw Materials Is A Direct Infringement On The Masses”
A serial entrepreneur and Real Estate key player, Mr. Debo Adejana has said that the price raise of construction raw materials by Governor Fayose of Ekiti state is a direct infringement on the people’s pocket stating that the move is a case of double taxation. As much as the housing deficit in Nigeria remains at an almost stand still despite ...
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