Experts in the construction industry have stressed that it’s high time the Federal Mortgage Bank of Nigeria got a financial boost. Toye Eniola, the Executive Secretary of the Association of Housing Corporations of Nigeria, shared in an interview with The PUNCH that given the current economic situation, beefing up FMBN’s funds was inevitable. Eniola explained, […]
Experts Stress Need for FMBN Fund Boost Read More »
The Lagos State Government has terminated its contract with Bridgeway Global Project Limited for the construction of Kantagua Market. Dr. Olajide Babatunde, the Special Adviser to the Governor on e-GIS and Urban Development, disclosed this during an inspection of the site designated for the relocation of Ikeja Computer Village as part of the state’s urban
Lagos State Terminates Kantagua Market Construction Deal Read More »
Short-lets have become increasingly popular for a variety of reasons. For people who frequently find themselves on the move for work or short-term projects, finding suitable accommodation for their brief stays can be a top priority. You could be visiting family for a while and need somewhere to stay. Additionally, it could be as simple
5 Reasons Why You Should Rent a Short-Let Apartment in Lagos, Nigeria Read More »
The Minister of Housing and Urban Development, Ahmed Dangiwa, has urged the newly inaugurated board of Quantity Surveyors Registration Board of Nigeria to promote integrity, honesty, transparency, and fairness in the course of performing their professional duties. Dangiwa gave the charge during the formal inauguration of the 10th constituted Board of the Quantity Surveyors Registration
Housing Minister charges board on the need for transparency Read More »
Mr. Femi Oyedele, a seasoned professional in the built environment sector, has highlighted the failure to incorporate research and development (R&D) findings into road and building construction as a major obstacle to achieving affordable housing in Nigeria. Oyedele underscores that this oversight has discouraged further exploration into innovative construction materials and methods. Despite Nigeria’s staggering
Lack of Research Hinders Access to Affordable Homes Read More »
The Governor of Edo State, Godwin Obaseki, has announced that his administration has recently granted over 30,000 Certificates of Occupancy to qualified homeowners and investors. This move aims to stimulate real estate investment in the state. During the inauguration of the Nigerian Institution of Estate Surveyors and Valuers headquarters in Abuja, he made this significant
Edo Governor: 30,000 Residents Now Own Land Papers Read More »
The Minister of Housing and Urban Development, Ahmed Dangiwa, has disclosed that the Federal Government has allocated 675 hectares of land for the Diaspora City project situated at Maitama 2 in the Federal Capital Territory. According to a statement signed by the Director of Information, Badamasi Salisu Haiba, the minister revealed this when a delegation
Federal Government gives 675 hectares to the Diaspora City project. Read More »
Festus Adebayo, the Executive Director of Housing Development Advocacy Network (HDAN), has stressed the importance of professionalism, credibility, and discipline within the Real Estate Developers Association of Nigeria (REDAN). Adebayo advised the new executives of REDAN, led by Akintoye Adeoye, to make these qualities a top priority in advancing the association. He assured REDAN of
HDAN Urges Real Estate Association to Prioritize Professionalism and Credibility Read More »
Stakeholders in the housing sector are urging a reassessment of the 2024 housing budget to align with present conditions. Speaking exclusively to The PUNCH, the Executive Secretary of the Association of Housing Corporation of Nigeria emphasized the necessity of revising the budget projections for the year. “In the span between January and now, significant changes
Housing Budget Review: Stakeholders Identify Urgent Need Read More »
The Lagos State Government recently explained the removal of shanties along the coastal road in Lekki. Commissioner for the Environment and Water Resources, Mr. Tokunbo Wahab, clarified that the action aimed at public interest rather than harming citizens. He led a team on an inspection tour of the state, accompanied by officials including Special Adviser
Lekki Demolitions: Commissioner Addresses Public Concerns Read More »