Friday 15th November 2019
Friday, 15th of November 2019
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Tag Archives: Real Estate

Federal Housing Scheme is for all Nigerians, says Fashola

Babatunde-Fashola

Minister of Power, Works and Housing, Babatunde Fashola, has said that houses built under the Federal Housing Scheme will be allocated to all Nigerians, irrespective of their states of origin. Fashola made the remarks while speaking with newsmen shortly after a tour of federal projects on Sunday, March 19, 2017 in Maiduguri, Borno. He said all qualified Nigerian residents in ...

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Ogun builds, rehabilitates homes

Jumoke-Akinwunmi

The Ogun State Housing Corporation (OGSHC) has set machinery in motion for the construction of housing units at different locations of the state, apparently in line with the capital projects captured in the 2017 Budget of the agency. Special Adviser to the Governor on Housing Development and General Manager of the State Housing Corporation, Jumoke Akinwunmi, who made this known ...

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New housing fund will stimulate economy, says minister

Kemi-Adeosun-finance-minister

Finance Minister, Mrs. Kemi Adeosun, has disclosed that the N500 billion housing funding approved by the National Executive Council last week will stimulate economic activities and return the economy to the path of growth. Adeosun told journalists in her office in Abuja recently that a mass housing scheme that would make Nigerians become homeowners under a mortgage arrangement would commence ...

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Eko Atlantic City to address nation’s housing deficit

Ronald Chagoury Jr

Real estate investor and developers of the Eko Atlantic City Project on Victoria Island in Lagos, South Energyx Nigeria Limited (SENL), has restated its commitment to reduce the country’s huge housing deficit over the next few years through the development of a wide range of affordable and luxurious residential buildings. Making the pledge recently in Lagos was Mr. Ronald Chagoury ...

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British businesses urged to invest in Eko Atlantic City

Pierre Edde

Eko Atlantic City, a sprawling mixed-use estate being built on the shores of the Atlantic Ocean in Lagos, has been described as an opportunity for British businesses to make a difference in Nigeria. The British High Commissioner to Nigeria, Paul Arkwright, who made the submission during a recent tour of the project site by a trade delegation of the British ...

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Universal capital fuelling African property markets

sandton_convention_c

Despite Africa’s slowdown, property developers and private equity funds continue to pour investment into the continent, but with more focused strategies, industry practitioners have said. “Over $1,2 billion has been raised and allocated to real estate investment in Africa over the past year and we expect this trend to continue,” said Kfir Rusin, General Manager of the upcoming Africa Property ...

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Eko Atlantic City completes eight-lane Eko Boulevard

eko-2

An eight-lane arterial road stretching over 1,500 metres long has been completed in Eko Atlantic City, an innovative real estate development initiative that is emerging on Victoria Island by the Lagos coastline. Project promoters describe the highway as the first of its kind not only in the bustling city, but likewise in the country. The controversial Eko Atlantic City is ...

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Housing crisis looms with 17 million deficit

Babatunde-Fashola

President Muhammadu Buhari has raised an alarm over the housing crisis that is staring Nigeria in the face with housing deficit of 17 million. He made it clear that the country requires one million houses annually to be able to weather the storm of the housing challenge. The President who spoke through the minister of the Federal Capital Territory (FCT), ...

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UNEP, partners devise agenda on sustainable real estate

Eric Usher

On 12th December 2015, history was made in Paris when 195 countries agreed to work together to substantially curb global warming by limiting it to a maximum of to 2°C, possibly 1.5°C, and phase out fossil fuels by the end of the 21st century. More than ever before, governments all over the world are now constrained to find cost-effective ways ...

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Africa’s top emerging real estate investment hotspots

Casablanca

Where are the up-and-coming real estate opportunities in 2015? When discussing investment opportunities for real estate, people normally think of cities such as London or New York. However, emerging cities across Africa are filled with opportunities for those looking to invest in property. Global property portal, Lamudi, has compiled a list of emerging investment hotspots across the continent, based on ...

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