Despite the Federal Government’s promise in 2016 to address the nation’s housing challenge through mass housing, not much has been done in that direction. President Muhammadu Buhari had at the time said his government would build 5,000 housing units in every state, every year for
It is a popular saying that one does not give what one does not have. This, in a sense, means that you should cut your coat according to your cloth. It also means that government will have no legal backing to regulate tenancy in Nigeria. The
Officials of the Lagos State Building Control Agency, LASBCA, on Thursday demolished 21 buildings erected illegally on government’s land meant to develop mass housing around Ogudu area of Lagos, Southwest Nigeria. The parcel of land measuring 7.6 hectares at Abule Shoko area, Ogudu is said
Housing matters to economic development. It can not only boost economic performance and place competitiveness, but it can also lead to segregation and spatial concentrations of poverty. The Government’s housing growth plans induces the opportunity to improve the use of housing as an enabler of economic
After seven years of legal battle, a Lagos High Court, Igbosere has awarded the sum of $10 million against South African retail giant, Shoprite Checkers (PTY) Limited and its business partner, Retail Supermarkets Nigeria Limited for a breach of contract entered with a Nigerian firm,
Global real estate markets witnessed diminishing returns in 2017, which gave room for investment diversification, a development which led to the expansion of the frontiers of the real sector, a newly released report by the Royal Institution of Chartered Surveyors (RICS) has revealed. The report,
A property allegedly belonging to the former first lady, Patience Jonathan, was on Tuesday demolished by the FCT Development Control Department. The building, which is inside A. Aruera – Reachout Foundation/Women For Change and Development Initiative, is situated on Shehu Yar’Adua Way along Mabushi–Kado–Life Camp
In other to overcome the incessant challenges of accessing long-term fund for housing some housing experts under the aegis of the Whatsapp group “Abuja Intl. Housing show” have urged the Federal and State governments to adopt single digit interest rate in mortgage loan even if
In order to address critical issues arising from the implementation and abuse of the FCT master plan, the Federal Capital Territory (FCT) Administration will host a stakeholders’ conference. According to a statement by the Chief Press Secretary to the FCT minister, Cosmos Uzodinma, the theme
Edo State government has given illegal occupiers of its land ten days ultimatum to quit or forfeit their property. The Chief of Staff to Governor Godwin Obaseki, Taiwo Akerele who read the riot act stated this at the premises of Benin Technical College, Benin City,