Category Archives: Latest Housing News

FG showcases roads, power, housing projects in S-East

THE Minister for Works, Power and Housing, Mr. Babatunde Fashola, last weekend inspected Federal Government’s on-going projects in the South-East geopolitical zone, starting from Abia, Imo, Enugu, Ebonyi to Anambra states. Arriving the Enugu border with Abia State, after his departure from Imo State, the

Lagos raises housing loan to N100m

Lagos State has increased the budgetary provision for housing loans from N50 million to N100 million to improve workers’ welfare, Head of Service (HoS) Mrs Folashade Adesoye has said. She spoke yesterday at the on-going briefing by ministries to mark the third anniversary of Governor

30,000 civil servants own houses – Loans Board

Dr Hannatu Fika, the Executive Secretary, Federal Government Staff Housing Loans Board (FGSHLB), said that the board had helped over 30,000 workers to access loans to own houses. Fika made this known in an interview with the News Agency of Nigeria (NAN), on Monday in

Reps seek N500bn recapitalisation for FMBN

The House of Representatives on Tuesday asked the Federal Government to recapitalise the Federal Mortgage Bank of Nigeria to the tune of N500bn. It said this was necessary to make the bank more vibrant and responsive to its functions for effective housing delivery in the

Ugwuanyi committed to affordable housing, says ESHDC boss

The Management of Enugu State Housing Development Corporation (ESHDC), has unveiled its in-house quarterly Magazine, Housing Tide, following the corporation’s commitment to propagate the housing policy of Enugu State Governor, Ifeanyi Ugwuanyi, towards providing affordable housing for the people. The 52-page magazine, which is the

‘Homeowners’ Charter has raised value of properties in Ogun’

Homeowners’ Charter Programme has improved the physical and social infrastructure as well as value of properties in Ogun State, Governor Ibikunle Amosun said. Amosun stated this during the 31st edition of the presentation of Certificates of Occupancy and Building Plan Approval to another batch of

Real estate still Nigeria’s fifth biggest contributor to GDP

Despite the economic challenges in Nigeria’s real estate sector, a new report by one of the nation’s online platform- PropertyPro has revealed that the sector still retained its position as fifth contributor to the Gross Domestic Product (GDP) The report, which is focused on the

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