Housing
2 days ago
The Lagos real estate market is grappling with a pressing issue—ghost housing, a phenomenon where luxurious high-end properties remain unoccupied despite the city’s severe housing deficit. While many Lagosians struggle with homelessness or substandard housing, prime residential buildings stand vacant due to speculative investments, poor urban planning, and widening social inequalities. Urban development expert and…
3 days ago
The Minister of Housing and Urban Development, Ahmed Dangiwa has emphasized that the construction of Renewed Hope Projects must be based on contractual terms to ensure durability, warning that he will not hesitate to revoke the contract of any substandard work. Dangiwa stated this when inspecting the ongoing construction of 1,500 and 500 houses in…
3 days ago
The Minister of Housing and Urban Development, Ahmed Dangiwa has emphasized that the construction of Renewed Hope Projects must be based on contractual terms to ensure durability, warning that he will not hesitate to revoke the contract of any substandard work. Dangiwa stated this when inspecting the ongoing construction of 1,500 and 500 houses in…
1 Mar
MyAbujaHome Limited, a real estate firm, says it has given free plots of land to civil servants and others who have worked tirelessly in service but still unable to afford a home. Mr Adebola Mogaji, the Chief Executive Office, MyAbujaHome, spoke with the News Agency of Nigeria (NAN) on Wednesday in Abuja. Mogaji, who is…
27 Feb
The Minister of Housing and Urban Development, Ahmed Dangiwa, has said that the federal government, through the ministry, has successfully developed over 100 slums and upgraded urban renewal projects within the past two years in the country. Dangiwa dropped the hint when he received the Minister of State for Regional Development, Uba M. Ahmadu, in…
26 Feb
A bill seeking to regulate house agency and legal fees in Enugu State has scaled first reading in the State House of Assembly. The bill titled, “Bill for a Law to Amend the Landlord and Tenant Law Cap 101 of of Enugu State 2024” was sponsored by the member representing Nkanu East constituency, Mr Okey…
26 Feb
Nigeria’s real estate sector has witnessed significant transformation in recent years, driven by rapid urban expansion, shifting government policies, and increasing demand for sustainable developments. As the industry approaches 2025, stakeholders remain cautiously optimistic, weighing the opportunities and challenges that will define the market’s trajectory. In an interview with The Guardian, Oluwabusuyi Adonis Fakanlu, CEO…
19 Feb
The National Assembly says its support for the Federal Mortgage Bank of Nigeria’s (FMBN) recapitalisation efforts aims to enhance the bank’s capacity to deliver affordable housing and reduce the nation’s housing deficit. Sen. Aminu Tambuwal, Chairman of the Senate Committee on Lands, Housing, and Urban Development, stated this on Wednesday in Lagos during a top…
12 Feb
Some residents of the Federal Capital Territory (FCT) have expressed frustration over what they described as “skyrocketing house rent” in the territory. The residents, who expressed the frustration in separate interviews with the News Agency of Nigeria (NAN) in Abuja on Wednesday, added that the development has impoverished many in the FCT. The residents complained…
10 Feb
The Kano State Government has awarded N20 billion contact for the construction of two critical township roads, aimed at enhancing transportation and boosting economic activities. The Commissioner for Works and Housing, Alhaji Marwan Ahmed, disclosed this in a telephone interview with the News Agency of Nigeria (NAN) in Kano on Monday. He said that the…
31 Jan
The Minister of Housing and Urban Development, Ahmed Dangiwa, said that Nigeria's housing deficit is a challenge and an opportunity for transformative change in real estate investment in the country. Dangiwa spoke at the Real Estate Future Forum in Riyadh, Saudi Arabia, highlighting the Nigerian government's commitment to addressing the housing shortfall through a blend…
28 Jan
The Minister of Housing and Urban Development, Ahmed Dangiwa, has declared that Nigeria's real estate investment contributed around 5.2 per cent to the nation's GDP last year, adding that it will increase in market volume to $2.25 trillion by the end of 2025. Dangiwa made the assertion during a panel discussion at the Real Estate…
Latest
4 mins ago
The Lagos State Ministry of Environment and Water Resources, on Wednesday, warned residents against indiscriminate dumping of refuse, while alerting them to the coming rainy season. The Lagos State Commissioner for Environment and Water Resources, Mr Tokunbo Wahab, gave the warming while speaking with journalists during a news conference at in Lagos. Wahab appealed to…
23 mins ago
Gov. Monday Okpebholo of Edo has said that leadership was not about holding on to power but to create meaningful change or impact on the people. Okpebholo stated this while delivering the keynote address at the 2025 Youth Leadership Clinic on Wednesday in Benin City. The clinic was organised for secondary school students by the…
25 mins ago
President Bola Tinubu is currently hosting principal officers of the National Assembly for an Iftar dinner at the Presidential Villa, Abuja. The members of parliament arrived at the State House forecourt around 7:00 pm. in two Toyota Coaster buses. The President of the Senate, Senator Godswill Akpabio, later joined the gathering. This marks the second…
30 mins ago
The Federal Government on Wednesday vowed to conduct a thorough investigation into the recent industrial accident that occurred at a steel plant in Ogijo, Sagamu Local Government Area, Ogun State, on Sunday, March 2, 2025. The Minister of Steel Development, Prince Shuaibu Abubakar Audu, in a statement, expressed deep condolences to the families of the…
32 mins ago
President Donald Trump expressed optimism Wednesday that US negotiators headed to Moscow could secure a ceasefire in the Ukraine war, with officials saying the United States wants Russia to agree to an unconditional halt to hostilities. The Kremlin said it was awaiting details of a US-Ukrainian proposal agreed this week, and gave no indication of…
34 mins ago
The Tertiary Education Trust Fund (TETFund) says it is introducing a special intervention to address incessant power failure in tertiary institutions across the country. Chairman, Board of Trustees of TETFund, Aminu Masari, disclosed this on Wednesday in Abuja, while inaugurating the steering committee for Alternative Energy Solution Initiative in tertiary Institutions Masari said the initiative…
40 mins ago
It was perhaps not the welcome Irish Prime Minister Micheal Martin had hoped for on an annual US trip to mark Saint Patrick's Day -- a dressing down from Donald Trump on trade and tariffs. "We do have a massive deficit with Ireland," the US president said in answer to the very first question he…
41 mins ago
In a well-coordinated operation on Tuesday, March 11, 2025, troops of Sub-Sector 4, Operation FANSAN YAMMA successfully neutralised three Violent Extremists and Insurgents (VEIs) in an ambush at an area near Ngwagi Hill, Gwagwada Community, off the Kaduna - Abuja highway in Chikun LGA of Kaduna State. According to Acting Deputy Director of Army Public…
53 mins ago
Osun State Governor, Senator Ademola Adeleke, on Wednesday, said 42,000 pupils and students of public primary and secondary schools have received corrective eyeglasses free of charge from the government. Adeleke made this known in Osogbo, the state capital, on Wednesday during the presentation of corrective glasses with the distribution of free medical equipment to Osun…
57 mins ago
The Ogun Traffic Compliance and Enforcement Corps (TRACE) has advised companies to regular re-train their drivers for road safety. Mr Adekunle Ajibade, the Ogun South-West Zonal Commander of TRACE, gave the advice while speaking with the News Agency of Nigeria (NAN) on Wednesday in Ota. Ajibade reacted on an accident that involved a truck loaded…