Tag Archives: NREH

Toronto homebuyers should not expect the frantic pace and blistering prices of the housing market to continue, warns the head of the Bank of Canada. “Prospective homebuyers and their lenders should not extrapolate recent real estate performance into the future when contemplating a transaction,” Stephen Poloz said Thursday with the release of the bank’s semi-annual financial system review. It was ...

The Nigerian Institute of Builders (NIOB), developers and other stakeholders, last week, flagged-off a project, known as “Master Craftsman” Initiative. Specifically, the project, which was conceived by the Lagos state Ministry for Housing is meant to train and develop artisans plying their trade in the state. Under the programme, a craftsman will be trained and attached to a reputable building ...

According to the president, to avert housing crisis by the year 2020, at least, 1 million houses must be built across the country yearly. Buhari stated this during the 35 Annual General Meeting (AGM) and International Symposium of Shelter Afrique held at the Transcorp Hilton Hotel, Abuja on Wednesday June 1, 2016 with the theme ‘Housing Africa’s Low Income Urban Population.’ The president, ...

Minister of Power , Works and Housing, Mr. Babatunde Raji Fashola, Friday , said the contractors handling Federal Government roads across the country abandoned the roads because they were not paid by the previous administration in the last three years. Fashola who spoke at the commissioning ceremony of the 24 km Itori-Ibese concrete road constructed by AG-Dangote in Ewekoro local ...

The Minister of Agriculture and Rural Development, Audu Ogbeh on Thursday said 11 states had provided 55,000 hectares to establish ranches to curb farmers and pastoralists clashes in their states. Mr. Ogbeh made this known at a news conference in Abuja. The minister said the states were Plateau, Kaduna, Kano, Gombe, Katsina, Taraba, Niger, Adamawa, Jigawa, Sokoto and the FCT. ...

The immediate past President of the Nigerian Institution of Surveyors, Mr. Bern Akhigbe, has urged President Muhammadu Buhari to carry surveyors along in establishing grazing reserves, which his administration is proposing to create across the country. According to a statement made available to punhng correspondent on Friday, Akhighe made the call in his speech at the 2016 Annual General Meeting ...

The House of Representatives made shocking revelations yesterday as it unveiled malpractices in the award and allocation of 7,600 hectares of land to companies and individuals under the Land Swap programme. There were cases of unpaid dues and non- compliance with the requirements of the programme. A company, Gwagwa Concession Company, was allocated 841 hectares of land by the previous ...

In an interview with Vanguard, Managing Director of Infinity Trust Mortgage Bank Plc, Mr Olabanjo Obaleye, disclosed that the high cost of obtaining mortgages in Nigeria has been attributed majorly to the cumbersome procedures and cost of obtaining Certificate of Occupancy from State governments. Speaking on the difficulties mortgage banks encounter when dealing with state governments, especially in obtaining documentation ...

The singer has reportedly splashed out on a new property in LA Adele who is presently on tour has splashed $9.5million on an exclusive four-bedroom property located in a gated neighbourhood of LA County.  She is yet to move in because of work commitments but her neighbours include Cameron Diaz and Jennifer Lawrence. The 28-year-old is set to sign a ...

Governor Ambode in his Democracy Day Broadcast Message to Lagosians, which he titled, “Daring to Dream and Ready to Actualise”, in commemoration of his  first year anniversary, said that despite the fact that the global economy is in turmoil and the Nigerian economy is facing huge challenges, Lagos has continued to march on with confidence and a clear vision. Highlighting ...