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Browsing the "Real Estate" Category

N621.24 billion for rehabilitation of 21 critical roads

N621.24 billion for rehabilitation of 21 critical roads

The Nigerian National Petroleum Company Limited (NNPC), yesterday, handed over a symbolic cheque of N621.24 billion for the rehabilitation of 21 critical roads across the federation through the Tax Credit Scheme under the Executive Order Seven signed by President Muhammadu [...]

December 22, 2021 Key sectors, Real Estate
Lagos Airport awaits Chinese terminal two years

Lagos Airport awaits Chinese terminal two years

Two years after the delivery date set by the Minister of Aviation, the new terminal for Murtala Muhammed International Airport (MMIA), Lagos, has remained uncompleted with finishing touches stalled in the last three months. The terminal, though seemingly completed on [...]

December 11, 2021 Economy, Real Estate
Nigerian governors land-grabbers – Lecturer

Nigerian governors land-grabbers – Lecturer

By putting land administration under their care, Nigerian governors put themselves in a position to allocate lands to themselves and their cronies, Tajudeen Aluko, a Professor of Estate Management, Obafemi Awolowo University, Ile-Ife, has said. Mr Aluko spoke Wednesday during the [...]

November 26, 2021 Real Estate
7,315 Apply For Fg’s 5,000 Housing Units In 1 Week

7,315 Apply For Fg’s 5,000 Housing Units In 1 Week

The federal government has received 7,315 applications for its 5,000 housing units built under the National Housing Programme one week after the launch. The Minister of Works and Housing, Babatunde Fashola, disclosed this on Thursday while briefing members of the [...]

November 20, 2021 Real Estate
Reps, ICPC move to curb corruption in real estate sector

Reps, ICPC move to curb corruption in real estate sector

The Independent Corrupt Practices and other related Offences Commission (ICPC), on Thursday, called for measures to rid the real estate sector in Abuja of fraud. ICPC Chairman, Bolaji Owasanoye, who made the call at the investigative hearing by the House [...]

October 29, 2021 Economy, Real Estate
Designer of 1004 Flats Housing Estate is dead

Designer of 1004 Flats Housing Estate is dead

One of Nigeria’s first four Architecture graduates, Fola Alade, is dead. Mr Alade died on Saturday at the age of 87, family sources in Aramoko-Ekiti said. Architectural masterpieces bearing his insignia are the 1004 Housing Estate, Victoria Island, Lagos, defunct Federal [...]

June 21, 2021 Real Estate
Nigerian politicians own 800 properties worth $400m

Nigerian politicians own 800 properties worth $400m

Matthew Page, an associate fellow of London-based Chatham House, an international affairs think tank, has advised investigators to focus on real estate and education sectors, when tracking illicit financial flows and money laundering. He gave the advice in a paper [...]

April 28, 2021 Real Estate
Top Four Cheapest Places To Live In Abuja

The Top Four Cheapest Places To Live In Abuja

In this post, we shall talk about the top four cheapest places to live in Abuja based on the cost of rent in these places. The metropolitan city of Abuja doubles as the Capital of Nigeria. It is known as [...]

September 10, 2020 Real Estate
mass housing unit in Yobe state

Mass Housing Units In Yobe Completed By FG (PHOTOS)

Federal Government mass housing unit in Yobe state. For people that were affected by insurgency. [...]

August 20, 2020 Real Estate
President Buhari makes new appointment

UN Envoy sends message to Buhari govt over vacant houses in Abuja, Lagos

UN Envoy sends message to Buhari govt over vacant houses in Abuja, Lagos Ms Leilana Fartha, UN Special Rapporteur on the Rights to Adequate Housing, on Monday urged the Federal Government to impose vacant home taxes with a view to [...]

September 24, 2019 Real Estate
Eko Atlantic

Eko Atlantic: A Look Nigeria’s Most Expensive Place To Live

Eko Atlantic: This is the Lagos Atlantic City, a proposed city by the Lagos State Government. Imagine a city where everything works which includes the drainage, power and a serene environment, then this city might likely be a place to [...]

July 7, 2019 Real Estate
Anambra Plans Demolition Of Over 100 Homes

Anambra Plans Demolition Of Over 100 Homes

Anambra Plans Demolition Of Over 100 Homes If what is brewing on rumour mill is anything to go by, over 100 homes will be affected in the plans by Anambra State to rid the capital city of shanties that dot [...]

July 5, 2019 Real Estate

Lagos task force serves demolition notice on shanties in Oko-Oba

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 [...]

June 20, 2018 Real Estate

Lagos reduces land use charge

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 [...]

March 15, 2018 Real Estate
FCT authorities demolish Guzape Village

FCT authorities demolish Guzape Village

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) [...]

October 7, 2017 Real Estate

Blind Nigerian Man Gives His Land To Over 500 Homeless IDPs For Shelter In Maiduguri

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 [...]

April 26, 2017 Real Estate
peter-obi Anambra State

Tension As Indigenes Demolish Govt Houses In Onitsha

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. [...]

May 13, 2016 Real Estate
estate agent lagos

Estate agents back Lagos on one year rent policy – By Kingsley Adegboye

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 [...]

January 27, 2016 Real Estate
abuja-masterplan

Nigeria’s Centenary City Will Not Experience Power Outages – Jonathan

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 [...]

January 23, 2016 Real Estate
Eko Atlantic City

Eko Atlantic City | The Lagos Atlantic City Progress

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 [...]

January 17, 2016 Real Estate
Cross River State

Cross River To Commission Ikom Stadium In November

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 [...]

January 16, 2016 Real Estate
National Theatre

Govt To Turn National Theatre Into Hotel

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 [...]

August 24, 2015 Real Estate

Ambode to consider ‘rent and own’ policy in Lagos State housing programme

  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 [...]

June 20, 2015 Real Estate, Video, What the papers say
Lagos, developer plan Badagry’s Hannah Garden

Lagos, developer plan Badagry’s Hannah Garden

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 [...]

June 8, 2015 Real Estate
Lagos To Ban "Omo Onile"

Lagos land speculators also known as “Omo Onile”

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 [...]

June 7, 2015 Real Estate
Red Cross members distribute relief materials to displaced victims of the Boko Haram violence at a relief camp in Dawaki

Gov Shettima gives 432 houses to Boko Haram victims

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 [...]

March 22, 2015 Economy, Real Estate
FG signs MoU for expansion of 15,000 housing units

FG signs MoU for expansion of 15,000 housing units

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. [...]

February 25, 2015 Real Estate
Babatunde-Fashola

Lagos State On Affordable Housing

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 [...]

February 24, 2015 Real Estate
Okorocha built modern twin duplexes

Okorocha built modern twin duplexes

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 [...]

February 4, 2015 Economy, Real Estate
Company plans 1,000 housing units every year

Company plans 1,000 housing units every year

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 [...]

February 3, 2015 Real Estate