Real Estate News

Dr. Oluyinka Olumide, Lagos State Commissioner for Physical Planning and Urban Development, revealed in a recent interview that a whopping 80 percent of buildings in Ibeju Lekki lack official approval.  He explained that during a recent inspection in the area, it was evident that most estates were unapproved. Olumide outlined the procedure for obtaining approval, […]

The Minister of Works, David Umahi, has questioned Landmark Group’s title, claiming that the shoreline never belonged to the property company. MInister of Works- David Umahi He questioned Landmark Group’s title at a stakeholder meeting on compensation payments to property owners affected by the Lagos-Calabar Coastal Highway project in Lagos on Wednesday. He stated, ”The

In the midst of Ghana’s growing housing problem, Eric Kwaku Gyimah is leading a pioneering effort to convert shipping containers into affordable, eco-friendly homes. Eco-friendly homes made from shipping containers Gyimah’s company, IWoodz Creation, doesn’t just make homes but also constructs shops, offices, and cafes using retired shipping containers. Ghana’s Statistical Service reports that out

The Lagos State Government is offering a three-month chance for building owners to get planning permits without penalties.  Mr. Oluwole Sotire, the Permanent Secretary of the Office of Physical Planning, made this announcement through a statement by Mr. Mukaila Sanusi, the Deputy Director of Public Affairs. From May 2 to July 30, 2024, owners of

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,

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

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

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

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