Tag: Housing

Landlords should see how they can work out yearly rent to monthly payments – Sanwo-Olu

The Lagos State Government has called on stakeholders in real estate sector to work out modalities for residents to pay house rents on monthly basis instead of yearly. Lagos State Governor, Mr. Babajide Sanwo-Olu, made the call on Thursday in Lekki, during the Policy Roundtable Dialogue with key stakeholders in[Read More…]

Central Bank approves N200 billion housing loans for low-income earners

The Central Bank of Nigeria (CBN) has approved N200 billion as mortgage finance loan to Family Homes Fund (FHF) targeted at low-income earners.  A statement on the bank’s website on Tuesday, revealed that the money will be used to build 300,000 homes in all states and the Federal Capital Territory[Read More…]

Lagos State Government suspends housing estate development in Lekki

The Lagos State Government has suspended development of housing estates without the requisite Layout Approval, in the area designated as Sapata Village Excision, near the Victoria Garden City (VGC), Lekki, Lagos State. The Commissioner for Physical Planning and Urban Development, Dr. Idris Salako made this known in Alausa while receiving[Read More…]

Chinese Govt sign deal to build 5200 housing units in Abuja

The Hebei Province Investors of People’s Republic of China on Monday signed a Memorandum of Understanding (MoU) with a Nigerian firm, Zvecan Consulting and Engineering Ltd for the construction of 5200 housing units in the Federal Capital Territory (FCT). The MoU will see the Chinese investors carrying out business in[Read More…]

My Children Too Are Sweating, They Have Heat Rash – Fashola On Epileptic Power Supply Nationwide

Nigeria’s Minister for Power, Works and Housing, Babatunde Fashola has declared that his children are also suffering from the erratic power supply plaguing the country. The minster while speaking on Channels TV yesterday added that his children as a result of the poor electricity supply presently being experienced in the[Read More…]

“You Pay Monthly” – FCT Minister Moves To Enforce Downward Payments of Rent In Abuja

Mallam Muhammad Musa Bello, the FCTA Minister, has said  the Federal Government of Nigeria would soon put in place a law that would force downward, cost of accommodation in the Federal Capital Territory. Bello who hosted estate surveyors and valuers said, “As a body, you must take deliberate steps to[Read More…]

Nigeria’s Power And Works Minister, Raji Fashola Was Pictured At His Abuja Office

Babatunde Fashola, former Lagos state governor serves now as Minister of Power, Works and Housing was pictured in his Abuja office as he starts work. The former Lagos State governor, now minister settling down to work at his new office in Abuja.

Farouk Martins: Homelessness By Choice, Addressing Inadequate Housing

Shelter is one of those basic needs man has been able to provide for his families right from the beginning for privacy, from the sun, rain and hostile weather such as cold and hot environment. Homelessness is a new phenomenon that started from the late seventies to early eighties in[Read More…]

17 Million Nigerians Have No houses To Live In

An Uyo-based Estate Surveyor and Valuer, Mr John Isangedighi, has decried the inadequacy of shelter in the country, saying that 17 million Nigerians had no houses to live in. Isangedighi, who expressed the concern in an interview with the News Agency of Nigeria (NAN) in Uyo, however, ruled out the[Read More…]