Saturday 14th August 2021
Saturday, 14th of August 2021
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Housing: Lagos to set up development trust fund

Ministry of Housing

Lagos State Commissioner for Housing, Mr Moruf Akinderu-Fatai, has said the government will soon unveil an Affordable Housing Development Trust Fund to bridge housing gap in the state. L-R: Mrs Adeola Salako, spokesperson, Lagos State Ministry of Housing; Mr Moruf Akinderu-Fatai, Commissioner for Housing; and Mr Wasiu Akewusola, Permanent Secretary. in the ministry, during an inspection of ongoing projects on ...

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Expert advocates for timber modular model to address housing deficit

Timber modular housing

A building expert, Dr Babatunde Alarape, has advocated for adoption of a timber modular housing model as an alternative means of cushioning the effect of housing deficit in the country. Timber modular housing Alarape made the call at the African Institute for Science Policy and Innovation (AISPI) 2021 Biennial International Conference, on Monday, July 12, 2021 in Ile-Ife, Osun State. The ...

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Fashola urges new FHA board to proffer solutions to urban housing deficit

FHA Board

The Minister of Works and Housing, Mr Babatunde Fashola, has called on the newly inaugurated board of the Federal Housing Authority (FHA) to proffer solutions to urban housing deficit in the country. Members of the new FHA Board The minister made the call to the members while inaugurating the board on Thursday, July 8, 2021 in Abuja. “It is not ...

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Trump-Hills: Bridging the gap through affordable housing

Timothy Ede-Abel

The Trump-Hills brand is one of the leading real estate developers that are focused on building affordable homes for low income earners in Nigeria. In this exclusive interview with Etta Michael Bisong, the Chief Executive Officer (CEO) of the organisation, Timothy Ede-Abel, shed light on the state of housing development and what Trump-Hills is doing to bridge the deficit across ...

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Lagos builds 14 estates in two years

Lagos Housing

The Lagos State Government on Tuesday, May 11, 2021 said it had completed 14 housing schemes within two years of the Gov. Babajide Sanwo-Olu-led administration’s affordable mass housing drive, to bridge the shelter gap. L-R: Permanent Secretary Ministry of Housing, Mr Wasiu Akewusola; Special Adviser to the Governor on Housing, Mrs Toke Benson-Awoyinka; Commissioner for Housing, Mr Moruf Akinderu-Fatai; Commissioner ...

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COVID-19 leaves huge shock on construction, real estate market – Consultant

Meckson Innocent Okoro

A real estate consultant, Chief Meckson Okoro, has said that the shock created by the Coronavirus (COVID-19) pandemic in the construction and real estate subsector would remain for a long time. Chief Meckson Innocent Okoro Okoro, Managing Partner, M. I. Okoro and Associates, disclosed this in an interview in Lagos. According to him, many construction and housing development companies have ...

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Smith Ezenagu: Taking the real estate terrain by storm

Smith Ezenagu

The saying that an apple does not fall far from its tree, is an apt analogy to describe the man Smith Sosochukwuma Ezenagu, who apparently inherited his real estate genes from his father who happened to have been a property merchant of repute, with many categories of clients on his list across different African countries including Burkina Faso, Ghana, and ...

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Why we want 300,000 low-income Nigerians to become landlords

Housing

We are all witnesses to the negative impact of COVID-19 on the global economy. For Nigeria, the pandemic ushered in perhaps the worst economic downturn in the history of our dear country. A housing estate in Nigeria The sudden arrival of a health disaster into an existing inflammatory pressured economy that is characterised by a high debt ratio, weak infrastructural ...

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Nigerian agents align with America’s realtors, global network

Kunle Adedeji

The Association of Estate Agents in Nigeria (AEAN), under the auspices of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), has formalised a bilateral partnership agreement with the Washington D.C., U.S.A.-based National Association of Realtors (NAR). Kunle Adedeji, National Chairman of AEAN This is sequel to AEAN leadership’s quest to create a similar structure as NAR, which the Kunle ...

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Habitat Day: Lagos commits to mass housing, to deliver additional 3,004 units

Babajide Sanwo-Olu

The Lagos State Governor, Mr Babajide Sanwo-Olu, on Monday, October 5, 2020 affirmed his administration’s commitment to affordable mass housing delivery through models that incorporate private sector partnership and local contents while creating jobs. Governor Babajide Sanwo-Olu of Lagos State Sanwo-Olu, represented by his deputy, Dr Obafemi Hamzat, during the celebration of the 2020 World Habitat Day, said shelter was ...

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