Thursday 21st November 2019
Thursday, 21st of November 2019
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Real Estate

Six states urged to embrace housing fund scheme

Housing Council

Lagos, Kano, Ondo, Ekiti, Edo and Oyo states have been urged to resume their participation in the National Housing Fund (NHF) scheme. They had previously discontinued their participation in the controversial exercise. At the 4th Meeting of the National Council on Lands, Housing and Urban Development held recently in Uyo, Akwa Ibom State, participants noted that despite the significant progress ...

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FG, UAE firm in $80 million Abuja housing initiative

Housing pic

At the cost of $80 million and within a six-month construction period beginning in the New Year, the Abuja real estate market will be increased by 300 units of housing under the initial phase of a collaboration involving the Federal Government and a firm of property developers originating from the United Arab Emirates (UAE). An agreement to this effect was ...

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Firm commences design of Accra Ambassador Heights Hotel

SY Design, an internationally recognised hotel architecture and interior design firm, has been hired to design Ambassador Heights, the new luxury residential development at the Moevenpick Ambassador Hotel in Accra, the Ghanaian capital city.  The firm was responsible for the creation of the coveted suites and Presidential Suite at the Ambassador Hotel in addition to recent work on impressive projects ...

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Nnimmo Bassey emerges Fellow of Nigerian Institute of Architects

Director, Health of Mother Earth Foundation (HOMEF), Nnimmo Bassey, has bagged the Fellowship of the Nigerian Institute of Architects (NIA). The renowned environmental activist, who is a trained and practicing architect, will be decorated  today, Friday November 21 2014, at an investiture ceremony at the institute’s Biennial General Meeting at Ilorin, Kwara State. Born on 11 June 1958 in Akwa Ibom State, Nigeria, Bassey studied architecture at the University ...

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‘Dangote Cement price slash will help home seekers achieve ambitions’


President, Lagos Chamber of Commerce and Industry, Alhaji Remi Bello, has lauded Dangote Cement for the slash in cement price, saying the gesture would enable many Nigerians desirous of building their own houses to achieve their ambitions. Bello, represented by Deputy President of the Chamber, Mrs. Nike Akande, at the Dangote Industries Limited special day at the Lagos International Trade ...

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OPIC weaves chain of homes around Ogun

The Ogun State Property & Investment Corporation (OPIC), which is presently celebrating its 30 years of existence with a flurry of activities, has been exploiting inherent benefits of the state’s proximity to Lagos. A handful of real estate developments by the Gateway State have of recent emerged, taking into consideration that a considerable amount of top executives of Ogun State-based ...

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Odusolu: Its bad business buying OPIC land from omo-onile

Jide Odusolu, MD of OPIC

Special Adviser/Managing Director of the Ogun State Property & Investment Corporation (OPIC), Babajide Odusolu, has said that, due to the numerous reforms put in place by the present administration, aspiring land owners and subscribers to OPIC Estates have now realised that it is bad business to patronise the omo-onile (local land urchins). “People now know that we are business-like,” he ...

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Concern as FG, Lagos argue over Ilubirin estate land reclamation

It took a public verbal spat between Governor Babatunde Fashola and the Minister of State for Defence, Senator Musiliu Obanikoro, over the Ilubirin Housing Estate that is under construction for the project site to attract a second look from motorists plying the Third Mainland Bridge. Before the tirade, which began in April, the area had generated a passing interest despite ...

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OPIC at 30: Emergence of a colossus

The vision to establish a state-owned investment company in Ogun State originated under the military administration of Brigadier Oladipo Diya as state governor between (1984 and 1985). The late Chief Olawale Otesile, the then Permanent Secretary in the Civil Service, was seconded to the Ogun State Property and Investment Corporation (OPIC), at inception to midwife its take-off. Chief Otesile and his ...

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Ogun unveils processes to ease land access

In the bid to ensure effective land administration process, easy access to land and to meet acceptable global standards, the Ogun State Government has acquired the Continuously Operation Reference System (CORS) station network through the Bureau of Lands and Survey. The station will also monitor land transactions in the state and address the activities of land speculators popularly called omo ...

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