Real Estate

Construction bigwig, ITB Nigeria Ltd, has disclosed that it is set to complete its first steel and concrete building project, tagged the “Azuri Peninsula.” The structure is being built at the Eko Atlantic City in Lagos. The Azuri Peninsula project, which began in early 2015, is said to be a unique steel and concrete residential building project that consists of ...

The Federal Capital Territory Administration (FCTA) said on Monday, July 16, 2018 that it has initiated programmes under the Public-Private Partnership to address 1.7 million housing deficits in Abuja, the Federal Capital Territory (FCT). FCT Minister, Malam Muhammad Bello, said at the opening of the 12th Abuja Housing Show in Abuja that this initiative was in line with private sector ...

Land and landed properties are one of the most valuable assets to possess. They are among the few assets with the probability to increase significantly in value with little time. The fact that land appreciates faster in the cities is the main reason we have a steady increase in the number of landowners registering their land in Abuja. Abuja, being ...

Experts in the building and construction industry on Thursday, June 14, 2018 in Lagos lauded the Federal Government’s efforts in reviewing the National Building Code (NBC) of 2006. They said in Lagos that the review was a good development, describing it as a right direction and synergy for effective housing delivery in the country. The Federal Government had on Tuesday ...

The Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, has blamed the 17 million housing deficit in Nigeria on policy somersaults by successive administrations. Mustapha stated this while receiving delegates from the Federal Housing Authority (FHA), according to a statement signed by Andrew Uhwe, Director Press, OSGF, on Wednesday, May 23, 2018 in Abuja. He urged the ...

An environmentalist, Mr Lot Kaduma, has called on the Federal Government to integrate the evolving green building technology into Nigeria’s National Housing Policy. Kaduma, an architect and sustainable cities campaigner, made the call in an interview with the News Agency of Nigeria (NAN) in Lagos on Friday, April 13, 2018. He said that integration of the technology into the National ...

Stakeholders, including professional bodies and civil society organisations, on Tuesday, March 27, 2018 demanded a reversal of the new Lagos State Land Use Charge Law, 2018 to its former status, rather than an amendment. The stakeholders made this position known at a daylong stakeholders meeting organised by the Lagos State House of Assembly on the controversial law that drew condemnation ...

The National Conscience Party (NCP) on Sunday, March 25, 2018 said that it would soon sue Lagos State Government for imposing a new Land Use Charge  (LUC). The National Secretary of the party, Mr Ayodele Akele, gave the hint at NCP’s Political Education and Membership Integration Programme in Lagos. Akele said that NCP had established that the new charge was ...

“If a law is unjust, the [citizenry] is not only right to disobey it, they are obligated to do so.” (Thomas Jefferson, US 3rd President 1801-1809). Thomas Jefferson, the 3rd President of the United States was a savant, political thinker,  and a prolific writer on the subject of democracy. He was the proponent of many democratic ideas which endure in the practice ...

The Lagos State Government looks to have buckled under pressure when, on Thursday, March 15, 2018, it announced the reduction of all levies for its new Land Use Charge (LUC) that had attracted public outcry in the state. The reduction came two days after the Ikeja branch of the Nigeria Bar Association (NBA) marched against the new law, with its chairman, ...