Real Estate Archives - Freedom Online

25% housing mortgage: Stakeholders express mixed reactions

Gbemi Banks — Sun, 10 Dec 2023 15:49:03 +0000

Some Retirement Savings Account (RSA) holders in the Federal Capital Territory (FCT), have decried the 25 per cent housing mortgage, saying it is low. According to them, it won’t be enough to pay for a house, given the current economic realities. They said this in an interview with the News Agency of Nigeria (NAN) on […]

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FG plans to provide one million low cost housing units for vulnerable people

Gbemi Banks — Wed, 29 Nov 2023 05:57:44 +0000

The Federal Government says its Renewed Hope Shelter Program will provide one million low cost housing units for the vulnerable populations for seven years. Mrs Chidimma Makuachukwu, the National Program Manager, Renewed Hope Shelter for the Poor, IDP and Refugees disclosed this on Tuesday at the Sixth Nigeria Affordable Housing Finance and Innovation Summit (NAHFIS […]

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FG commits to provision of houses for vulnerable Nigerians

Gbemi Banks — Tue, 14 Nov 2023 18:34:51 +0000

Alhaji Mahmuda Mamman, Permanent Secretary, Federal Ministry of Works and Housing, has disclosed the intention of the Federal Government to assist vulnerable Nigerians own houses. Mamman made this disclosure while fielding questions from journalists, on the first day of the 12th meeting of the National Council on Housing and Urban Development taking place in Kaduna […]

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BCPG, NBA in Efforts to Stem Building Collapse in Lagos, Nigeria Organise Advocacy Program

Abdulah Wahab — Tue, 24 Oct 2023 19:55:27 +0000

Efforts to stem incidents of building collapse in Lagos and Nigeria is on top gear as the Building Collapse Prevention Guild, BCPG, Ikeja in collaboration with the Nigeria Bar Association, Ikeja branch has put together an advocacy programme for stakeholders . The advocacy program slated for tomorrow Wednesday, October 25, 2023 is meant to sensitise […]

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FG committed to solving housing deficit, says Dangiwa

Gbemi Banks — Wed, 20 Sep 2023 08:01:50 +0000

The Federal Government is committed and passionate about solving housing deficit in the country. The Minister of Housing and Urban Development, Mr Ahmed Dangiwa, made the pledge when he received Gov. Dikko Radda of Katsina State in Abuja on Tuesday. “Since independence, Nigeria has struggled to provide decent housing for its citizens. “Inspite of numerous […]

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Tinubu approves construction of 1,000 houses in 7 states – Shettima

Gbemi Banks — Sat, 09 Sep 2023 08:54:42 +0000

The Vice President, Kashim Shettima, said on Friday that President Bola Tinubu has approved the construction of 1,000 houses in Sokoto, Kebbi, Katsina, Zamfara, Kaduna, Niger and Benue States. Mr Olusola Abiola, Director of Information, Office of the Vice President, in a statement, said Shettima stated this at the commissioning of projects executed by Borno […]

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Bauchi govt commits to climate change control

Gbemi Banks — Thu, 07 Sep 2023 18:05:15 +0000

Mr Danlami Kawule, the Bauchi Commissioner for Housing and Environment, has reiterated commitment of the state government to mitigate effect of climate change. He stated this at a one-day workshop and panel discussion on Climate Change, on Thursday in Bauchi. The theme of the exercise is: ‘Low Carbon Action in Ordinary Cities’ with a topic […]

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Ikogosi Warm Spring set to accommodate revelers after facelift- Management

Gbemi Banks — Tue, 05 Sep 2023 15:14:37 +0000

Glocient Hospitality, owners of Ikogosi Warm Spring Resort, on Tuesday said that the tourist site is set to accommodate revelers after a nine-month facelift. Mrs Oyindamola Fashogbon-Ibironke, Marketing Manager of Glocient Hospitality, disclosed this during an interview with the News Agency of Nigeria (NAN) on the sidelines of the ongoing AKWAABA Africa Travel and Tourism […]

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China starts renovation of 46,600 old urban residential communities in Jan.-July

Gbemi Banks — Fri, 25 Aug 2023 12:45:24 +0000

China has started the renovation of 46,600 old urban residential communities in the first seven months of this year, official data showed on Thursday. China planned to renovate a total of 53,000 old urban residential communities this year, in an effort to make cities more livable, the Ministry of Housing and Urban-Rural Development said. The […]

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LASG embarks on statewide sensitization/roadshow against building collapse

Gbemi Banks — Fri, 21 Jul 2023 06:18:28 +0000

The Lagos State Building Control Agency (LASBCA), on Thursday, embarked on a state-wide campaign to educate residents on building regulations and control across all local councils to tame building collapse. The theme of the exercise was “Compliance to Building Regulations – An Antidote to Building Collapse”. A NAN correspondent who monitored the procession […]

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Real estate expert urges FG to prioritise housing policies to tackle inflation

Gbemi Banks — Sat, 15 Jul 2023 13:37:51 +0000

Dr Stephen Akintayo, Chairman, Gtext Homes and Gtext Holdings, has urged the Federal Government to focus on policies that will reduce inflation in the building sector. Akintayo gave the advice at the launch of the company’s housing scheme at Jasper Estate in Ibeju Lekki, Lagos. He said that government should also come up with workable […]

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Estate agent in court for allegedly obtaining N6.4m under false pretense

Gbemi Banks — Fri, 14 Jul 2023 12:29:17 +0000

A 57- year-old estate agent, Tamunoboma Ekine, on Friday appeared before an Ikeja Chief Magistrates’ Court over alleged N6.4 million fraud. The defendant, who resides at 31B, Redwood Road, Northern Foreshore Estate, Lekki, Lagos, is being tried for stealing, obtaining money under false pretenses and fraud. The prosecutor, ASP Raji Akeem told the court that […]

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Sanwo-Olu to inaugurate 3 estates

Gbemi Banks — Tue, 23 May 2023 19:17:28 +0000

Lagos State Gov. Babajide Sanwo-Olu will round off first term in office with inauguration of three housing estates. The state Commissioner for Housing, Mr Moruf Akinderu-Fatai, gave the assurance in a statement issued by Mrs Adeola Salako, Director, Public Affairs, Lagos State Ministry of Housing. According to him, the estates are located at Gbagada, Odo-Onosa […]

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Lagos govt. re-seals 12 Banana Island buildings

Gbemi Banks — Wed, 10 May 2023 19:40:52 +0000

The Lagos State Government on Wednesday continued its enforcement against illegal construction in Banana Island and re-sealed 12 buildings where previous seals were removed. The government also demolished fences on new project sites encroaching on waterways and other parts of the estate, including some that were toked from previous enforcements. Toking is a process of […]

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FG delivers 8,938 housing units, 9,290 km roads – Fashola

Gbemi Banks — Tue, 09 May 2023 09:17:45 +0000

Federal Government says it has delivered 8,938 housing units across 35 states and the Federal Capital Territory (FCT) and constructed 9,290 kilometers of roads nationwide. The Minister of Works and Housing, Mr Babatunde Fashola, said this on Monday in Abuja while presenting the scorecard of his stewardship in the eight year administration of President Muhammadu […]

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