‘Only three per cent of land in Nigeria can create wealth’
The real estate sector is not the worst hit but was badly affected by the pandemic. You cannot compare the sector with the impact on entertainment, hospitality and aviation sectors, which are in bigger trouble.
Low addition of local content bane of housing, say experts
Failure in the implementation of the local building materials’ policy has been blamed as a major snag in the nation’s housing delivery efforts.
As virtual office demand rises, outlook for commercial properties remains bleak
“For the commercial properties, the take-up rates will remain very low with landlords continuing to throw in sweeteners to attract and keep tenants. Tenants and prospective tenants will continue to drive hard bargains and have upper hands in negotiations.
Why Land Use Act needs to be reformed, by experts
Forty years after it was promulgated to ease access to land and boost housing provision in the country, the clamor for a review of the Land Use Act (alternatively known as Decree 6, of 1978) is yet to abate, as experts last week reiterated its call for a speedy.....
Experts, others urge new policies for affordable housing at World Habitat Day
Faced with the grim reality of a world in which up to one-sixth, of humanity- or some one billion people - exist without adequate shelter and basic services, governments around the globe are today pausing to marshall forces against the growing plague called homelessness.