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Tag Archives: real estate

Real estate properties will continue to rise in Nigeria – Experts

real estate

Amidst the lip service being paid by the government on provision of affordable houses, stakeholders have argued that property prices in real estate may continue to escalate due to rising cost of construction materials. This might be worsened by the Land Use Charge (LUC) law made by Lagos State government, which other states may in no distant time start to ...

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Pencom declares FG has invested 2.89% pension in real estate


About N224.30 billion of pension funds representing about 2.89 per cent of pension assets has been invested in the real estate sector of the economy going by statements from the National Pension Commission (PenCom). PenCom’s decision followed pressures from stakeholders urging the regulator not to allow pension funds to be lying idle in the vault but to allow Pension Fund ...

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Affordable housing is an indicator of the well-being of Nigerians – Zarma

affordable housing

Minister of State for Power, Works and Housing, Surveyor Suleiman Hassan Zarma has pointed out that affordable housing and conducive urban environment remained portent indicators of the well-being of Nigerians through effective policies and pragmatic development programmes. Zarma who stated this in Abuja at a workshop for Real Estate Developers organised by Real Estate Development Association of Nigeria (REDAN) added ...

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Experts in built environment seek an efficient facility management system


Experts in the built environment have advocated for an efficient facility management system as a means of sustaining national infrastructure across the country. Speaking to LEADERSHIP in Abuja, vice chairman of Council of Registered Builders of Nigeria (CORBON), Bldr. Samson Opaluwah noted that the cycle of failure of national infrastructure and facilities soon after commissioning could only be prevented by ...

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LCCI rewards real estate experts with an award for excellence


The Lagos Chamber of Commerce and Industry (LCCI), has concluded plans to honour excellence in business at this year’s commerce and industry awards scheduled for Tuesday, 1st of May, 2018 in Lagos. This year’s edition, which is the fifth in the series, according to the LCCI, will be an improved edition and hopes to attract major players in the various ...

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REDAN identifies cause of casualties in real estate business


Real Estate Developers Association of Nigeria (REDAN) has identified undefined and uncharted leap of faith operating environment as the cause of casualties in the estate business. The President, Rev. Ugochukwu Chime made this disclosure during his acceptance speech and investiture as the president of the 5th REDAN National Executive Council 2018-2020 in Abuja. Starting that the many casualties is impossible ...

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NIESV urges Federal government to invest in real estate


The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has called on government at all levels to invest more in the provision of real estate and infrastructure to boost the nation’s economy. The National President of the Institution, Dr Bolarinde Patunola-Ajayi, said this on Tuesday at a news conference to showcase activities for the 48th annual conference and Annual General ...

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NIESV intends to end quackery in real estate profession


The Nigerian Institution of Estate Surveyors and Valuers, Lagos State Branch, has intensified moves to end quackery in the real estate profession. One of the recent moves was the launch of a website where all accredited estate surveyors and valuers would have their profiles and products displayed. During the unveiling of the website at a business luncheon in Lagos, the ...

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LCCI to hold dialogue session on the new land use charge

LCCI to hold dialogue session on the new land use charge

The Lagos Chamber of Commerce and Industry (LCCI) is set to hold a dialogue on the new Land Use Charge Law in Lagos. It is aimed at examining the provisions of the recently passed law viz-a viz its implications for residents and businesses operating in Lagos and its environs, the organisers said. The dialogue, according to LCCI, would hold tomorrow ...

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