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Tag Archives: real estate

Obaseki awards contract for flood control in Benin GRA, others

Obaseki

Edo State Governor, Mr. Godwin Obaseki, has awarded the contract for flood and erosion mitigation works in Upper Adesuwa Road and several adjoining streets in Government Reservation Area (GRA) in Benin City, the Edo State capital. The project is being implemented in conjunction with the Nigeria Erosion and Watershed Management Project (NEWMAP) and covers streets in the GRA axis of ...

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Osinbajo churns out warning to AMCON debtors

AMCON

Vice President Yemi Osinbajo, at the weekend, said the federal government will deal decisively with individuals and organisations that made the list of high-profile obligors of Asset Management Corporation of Nigeria (AMCON). He said the debtors have made it impossible for the corporation to resolve its outstanding N5trillion debt, thereby holding the entire country to ransom with their bad behaviour. ...

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5 Rental Mistakes That Could Make You Lose Your Property

Rental Mistakes

Real estate rental investing seems so easy; passive income, property appreciation, tax benefits and more but people often makes some serious rental mistakes. The reality of life as a landlord isn’t so rosy. It’s hard work. It takes time, research and careful study to understand the business. It’s far easier to lose money on rental property than to make money. ...

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Nddc lists number of projects executed in 2 years.

NDDC

Edo State NDDC coordinator Hon Uwuilekhue Saturday has listed some projects embarked on by the NDDC under his leadership as State Rep/Commissioner in Edo for 2 years. Uwuilekhue who spoke on Tuesday in Edo State at the NDDC Stakeholders Forum themed “Peace As A Panacea For Sustainable Development In The Niger Delta Region” said there cannot be peace if the ...

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Sanwo-Olu will regenerate structures in Lagos – Jeje

Sanwo-Olu

Former Commissioner for Housing in Lagos State, Hon. Bosun Jeje is confident that the incoming governor, Babajide Olusola Sanwo-Olu, would regenerate buildings in Lagos Island to curb the incessant menace of building collapse in the area. Jeje during an interactive session with journalist in Lagos at the weekend said indication towards that was Sanwo-Olu’s assurance when he visited the site ...

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Real Estate Bargain Shopping: How to find good deals

Real Estate Bargain

Real estate investors, along with the rest of society, are what you may consider conscious consumers. Every time a truly good deal presents itself, investors would be hard pressed to pass it up. After all, a real estate bargain presents the perfect opportunity to maximize profits.   The cheaper you can acquire a property, the more attractive the ROI (return ...

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Estate developer implores Nigerians to imbibe habit of tree planting

Nigerians

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 ...

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NIESV demands sanctioning of construction policy defaulters

NIESV

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has called on government to ensure that construction policy defaulters should be sanctioned, taken to court and jailed as this will serve as a signal for other agencies. Rowland Abonta, NIESV president made the call during a courtesy visit by the Trustees of the Institution to Oba Rilwan Akiolu at Iga ...

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Bank loans to real estate industry drop by N162bn

real estate

Credit allocation by banks to the real estate industry has maintained a downward trend in the last year. Data obtained from the National Bureau of Statistics showed that the industry got about N622bn out of the N15.13tn credit to the private sector in the last quarter of 2018. The amount, which accounted for 4.12 per cent of the total credit ...

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Real estate expert advises govt to focus on solving housing shortage

housing shortage

The Chief Executive Officer, UT Homes and Financial Services, Mr. Ade Adebajo, has advised the government of the federation to focus on solving problems related to housing shortage in the country. Adebajo said government should focus more attention on providing affordable housing for all Nigerians adding that a situation where more houses meant for the rich are lying idle while ...

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