Developers, experts foresee tough times for real estate sector as foreign exchange rate rises
Following persisting unfavourable policies and a full-blown foreign exchange rate crisis that has brought Nigeria’s economy to a halt, property developers and experts have warned that real estate sector ...
Why real estate sector is underperforming
Industry operatives have hinged the underperformance of real estate sector on the Federal Government’s inability to play a leading role, by providing enabling environment, incentives for the sector to transform and thrive.
New building technology targets 1,000 homes yearly
Determined to reduce Nigeria’s housing deficit, a new building technology for large-scale production and cost effective development of affordable housing has been introduced to the built sector.
Group woos off-takers, plans federation of housing cooperatives
As part of efforts to access affordable housing, key stakeholders in the industry, especially cooperative societies in private, public and informal sectors have resolved to form a Federation of Housing Cooperatives of Nigeria (FEHCON) towards accumulating social capital for housing off-takers.
Federal Government to provide 30,000 houses for civil servants
The Federal Government has concluded arrangements to give no fewer than 30,000 federal civil servants mortgage houses. The beneficiaries would be civil servants who have registered with the Federal...
Government seeks laws banning collection of two-year rent in Abuja
The Federal Capital Territory (FCT) Administration has been asked to take bold steps to make laws restricting payment of one or two years rent in Abuja by tenants.
Government selects 20 firms for N5.4b group life deals
The Head of Civil Service of the Federation (HOCSF), and the Bureau of Public Procurement, BPP, have nominated 20 underwriters and 108 insurance brokers ...
We’re following due process with group life insurance, says Adelakun
As the controversy rages over delays in the renewal of the group life insurance of federal civil servants, the Permanent Secretary (Common Services Office), Yemi Adelakun, who presides over the scheme in office....