In 2001, the Lagos State government passed the Land Use Charge Law which consolidated and replaced all the state and local government taxes payable on property in Lagos State. On 28 January 2018, the Lagos State House of Assembly passed the Land Use Charge Law 2018 to repeal and replace the Land Use
Mortgage Banking Sub-Sectors’ Approved Uniform Mortgage Underwriting Standards for The Informal Sector of the Economy.
The Informal Sector in Nigeria refers to economic activities in all sectors of the economy that are operated outside the purview of government regulations. This sector may be invisible, irregular, parallel, non -structured, backyard, underground, subterranean, unobserved or residual (Magbagbeola, 1996)1. This Sector mainly comprises
Segun Adetiba is the President, Furniture And Allied Products Manufacturers Association of Nigeria (FAPMAN). In this interview, Adetiba spoke about social housing with cheaper locally-made building materials adding that it depended on the seriousness and acceptability of those materials by the private and public sectors.
The real estate sector provides huge job opportunities for citizens in most economies. But in Nigeria, the sector has yet to stand on its feet let alone giving job to a reasonable percentage of the populace. Although the real estate sector is still evolving in
You’re ready to take the plunge and buy a home. If you’re like most people, you plan to take out a mortgage to finance the purchase. How exactly does it work? The mortgage underwriting process can be broken down into a few key steps. Get prequalified Your
Chairman of Failed Structure Investigation Penal in Imo State, Kingsley Onwubiko, has said professional supervision on the usage of standard materials and tested construction methods are critical to durability of building structures. Mr Onwubiko, a builder himself, disclosed this in Enugu on Thursday. “Without adequate
The Managing Director of Access Bank, Mr. Herbert Wigwe, has said the bank will collaborate with the Taraba State government in the provision of housing, infrastructure and poverty alleviation. Wigwe made this known during his visit earlier in the week to Governor Darius Ishaku in
•Agency prosecutes defaulters Relief, albeit temporarily, came the way of the 12 people arrested at various building construction sites in Ajeromi/Ifelodun Local Government Area of Lagos State on Saturday, when a Magistrates’ Court granted them bail in various sums on Monday. The presiding magistrate had
INCREASE in prices of food items, fuel, transport, accommodation, clothing among others pushed inflation to 15.3 percent in January 2017 against the position one year earlier according to the Consumer Price Index (CPI) report released on Wednesday by National Bureau of Statistics (NBS). The Bureau,
Mr Gbolahan Lawal, Commissioner for Housing, Lagos State, on Wednesday reiterated commitment of the state government to creating enabling environment for economic growth through massive housing construction across the state. Lawal gave the assurance during an inspection tour of some housing estates in Odo Onasa/Odo