Breaking News
Landlords and tenants living around Abattoir and Oko-Oba area of Lagos State may soon breath a sigh of relief as the Lagos State task force has decided to evict those living in shanties in the neighbourhood. The shanty occupiers have [...]
Lagos reduces land use charge: Lagos State Government has announced a reduction in the rates to be paid through Land Use Charge. Announcing this at a press briefing in Alausa, the Commissioner for Finance, Akinyemi Ashade, said that rate for [...]
The FCT Department of Development Control on Friday demolished the Mountain Village in Guzape District in Abuja. The settlement which is at the city centre is situated behind Dantata Construction Company main Yard and besides the Special Anti-Robbery Squad (SARS) [...]
Visually impaired man gives his land to over 500 IDPs for shelter in Maiduguri, Borno State. The Blind man name is Ahmed Ali a.k.a Mai kifi an indigenous of Mafa LGA Borno State. A gesture that is lacking even among [...]
Tension As Indigenes Demolish Govt Houses In Onitsha – Govt Houses In Onitsha – The Anambra Government has expressed dismay over the demolition of its houses in Onitsha by some indigenes of Onitsha said to be recovering their land from government. [...]
state agents back Lagos – Lagos State Real Estate Transaction Regulatory Authority, a new body charged with the responsibility to regulate the practice of estate agency in the state, has registered the Lagos State branch of Estate Rent Commission Agents of [...]
Experience Power Outages:Nigeria will soon boast of a centenary city where there will be no power failure and fear of insecurity as the federal government seeks to build the nation’s centenary city with the aid of the private sector. Experience [...]
The New 5 million square metre Eko Atlantic City Launched by Lagos state Government. The City is to be built on reclaimed land from the Atlantic Ocean. Eko Atlantic will be a new home to 250,000 people and the workplace [...]
The Cross River State Government says the ultra-modern stadium being constructed in Ikom will be completed and commissioned before the end of the year. Commissioner for Special Projects, Eng. Bassey Ika Oqua disclosed this to the National Good Governance Team [...]
National Theatre – A Lagos landmark is set for a new status – if the Federal Government succeeds in its plan to find another use for it. The 37-year-old National Theatre in Iganmu, Lagos Mainland is to be converted into a five-star [...]
Lagos State governor, Mr Akinwumi Ambode on Friday said the state would consider adopting a ‘rent and own’ policy in resolving its housing deficiency. In a chat with media executives at his office in Alausa, Ikeja, Ambode acknowledged that [...]
PLANS to commence construction works on the proposed Badagry’s Hannah Garden, a 260 housing units estate, are on the top gear, as the developer last week revealed that the project would kick-start by the end of March 2013. The Hannah’s Garden [...]
The Lagos State House of Assembly is to begin deliberations on a bill seeking to frustrate and criminalise the activities of land grabbers, land speculators also known as “Omo Onile” and regulate the activities of agents dealing with issues of [...]
Gov Shettima gives 432 houses to Boko Haram victims – Governor Kashim Shettima of Borno the other day distributed 432 news houses to surviving family members of Boko Haram victims who have been chased out of their properties at Bulabulin Ngarnam [...]
FG signs MoU for expansion of 15,000 housing units – Mrs Akon Eyakenyi, the Minister of Lands, Housing and Urban Development, explained the Federal Government would intensify its partnership along with investors to deliver massive housing plans for low income earners. [...]
Political will more than finance is the most critical component of public housing programmes, writes BENNETT OGHIFO Over the years, the country’s vision of providing decent and affordable housing has remained elusive for lack of a political will to [...]
Okorocha built modern twin duplexes – The activities of the Imo State government have finally transferred to the private resident of the State governor, Chief Rochas Okorocha at Spibat Estate. The multi-million Naira Estate of the governor expands from Amakohia Uratta [...]
Company plans 1,000 housing units every year – An estate company, Gran Imperio Group (GIG), intends to provide about 1,000 upscale housing units every year. The developer has delivered Jacob Mews, NorthPointe I, II III and SouthPointe Phase I, consisting of [...]
Lagos Lowers Land Acquisition Cost – Mr. Babatunde Fashola, Lagos State Governor, has signed into law an Executive Order lowering the cost of land transactions throughout the state. He said the order is to ensure that land transactions are carried [...]
The Fed Government has directed primary mortgage inistitutions (PMIs) to process the applications of more than 66,000 Nigerians that requested for the 10,000 Nigerian Mortgage Refinancing Company (NMRC) housing programme. Addressing journalists in Abuja yesterday, the Coordinating Minister for the [...]
According to the media report on Monday, the Federal Mortgage Bank of Nigeria has got disbursed $630 million for constructing projects under the National Housing Fund (NHF).The Fund had been set up by the Federal Government Act 3 1992 in [...]
In highly developed economies in which pension continues to be adjudged profitable, cash earned from pension is definitely an excellent source of long-term financing for primary mortgage purchases. In this kind of jurisdictions, there is often little or without housing [...]
The Federal Government has got released the very first 10,000 Affordable Housing Mortgage Scheme under the Nigerian Housing Finance Programme in order to help connect the real estate shortage throughout the country. The launching, which is expected to alleviate constraints [...]
After increasing demand for commercial space as well as housing for middle-income and also young professionals throughout Nigeria, the nation’s housing market continues to grow together with the sector now valued at N6.4 trillion ($41.2 billion). According to a report [...]
Considering that the Lagos State Government one-year rent policy will not only favour tenants but additionally attract good agent's return, the Association of Estate Rent Commission Agents of Nigeria (ERCAN), has placed its weight behind the policy. ERCAN in a [...]
In attempts to control the incidence of building collapse in the nation, especially in Lagos State, specialists in the constructed surroundings as well as others have taken towards the streets to sensitise individuals to the necessity of secure housing structure. [...]
The Federal Government with the Ministry of Lands, Housing and Urban Development as well as its parastatal, the Federal Mortgage Bank of Nigeria, will bring 5,000 units towards the current housing stock in the nation within the next 27 months. [...]
Mr. Ayodapo Shoderu, President of Nigerian Council of Registered Insurance Brokers, has told the Chartered Insurance Institute of Nigeria to provide additional assistance to the development of the broking business. He said this when he led a delegation of the [...]
Nigerians were listed among the leading foreign buyers of properties all over South Africa, having specific target on developing places rather than highbrow regions of Cape Town, Pretoria, Durban and also Johannesburg. For instance, Nigerians and other foreign buyers purchased about [...]
There are 102 new home owners appeared on Wednesday as being the 5th within the series of the general public draws for Lagos Home Ownership Mortgage Scheme held throughout Lagos. The series of draws began on March 4, this year. [...]
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