Category Archives: Latest Housing News

Addressing Nigeria’s housing challenge

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

Lagos Demolishes 21 Buildings On LSDPC Land

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

The Core Objective of the Abuja International Housing Show

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

Court awards $10 million damages against Shoprite for contract breach

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,

FCTA demolishes Patience Jonathan’s property in Abuja

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

SunTrust Bank Appoints Jibril Aku, as Board Chairman

The Board of SunTrust Bank Nigeria Limited (SunTrust Bank) has appointed Mr. Jibril J. Aku as Board Chairman, succeeding Chief Charles Onyema Ugboko who retired upon attaining the retirement age. According to Muhammad Jibrin, CEO of the bank, in a statement obtained yesterday by THISDAY,

Abuja master plan: FCTA to host stakeholders’ conference

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