The country has between 17million and 18 million housing deficit and will need one million houses yearly to fill the gap. The delay is resulting in the loss of billions of naira in investments as there is no template for planning.
Wemabod launches N3 billion Unity House redevelopment
A new era is dawning on the real estate sector, following the drive to boost office space in Lagos Central Business District, with the launch of a redevelopment plan for the 21-floor Unity House by Wemabod Estates Limited.
NMRC, Kaduna in landmark deal on Millennium City project
The agreement was executed at Government House by the Kaduna State through the Deputy Governor, Bala Bantex, an architect, with the expressed mandate of the Executive Governor of the State, Mallam Nasir El-Rufai..
Developers, firms in dilemma over rising building materials’ cost
For instance, cement price, which increased from N1500 to N2,350, has now gone up to N2,600 in Lagos area; the cost of rod has skyrocketed from N170, 000 per ton to N300, 000 and
Operatives launch robust mortgage market system
The web-based platform promoted by Nigeria Mortgage Refinance Company Plc (NMRC), known as Mortgage Market System (MMS) is expected to enhance the efficiency of processes and costs in the entire Nigerian housing finance ecosystem.
Zamfara releases N340m for land compensation
The Zamfara authorities have commenced payment of compensation to owners of land allocated for the newly established Federal University, Gusau, by the former President, Goodluck Ebele Jonathan.
How green construction can mitigate climate change, by report
Notwithstanding the need for building of more human settlements and adequate housing, the challenge has remained that the impact of construction and human activities is contributing a great deal to climate change.
Dangote Cement sets aside N5 billion for marketing activities
Encourage by the performance of its distributors in 2016, which led to 11 percent growth in profit, Dangote Cement Plc has announced N5 billion budget to support the product marketing activities in 2017.
Engineers’ body plans schools’ innovation challenge competition
Speaking on the programme, Chairman of Lagos Chapter, Mrs. Funmi Akingbagbohun, said the innovation is to support the discovery of new ideas and solutions in the areas of agriculture, power supply, renewable energy and...