Tinubu’s Renewed Hope Cities Initiative: Beyond Housing, Toward Comprehensive Development
In a significant move towards addressing Nigeria’s housing deficit, President Bola Ahmed Tinubu has inaugurated the groundbreaking ceremony for the pilot phase of his ambitious housing project named Renewed Hope Cities and Estates Development Programme. The ceremony took place at Karsana, a suburban
Minister of Housing Vows to Tackle Soaring Building Material Prices
The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has declared plans to establish a committee aimed at addressing the alarming surge in the prices of cement and other building materials. He disclosed this during a meeting with cement and building
Town Planners Charge Tinubu to Obey Urban And Planning laws In The Execution Of Renewed Hope Estates And States
The National President, Nigerian Institute of Town Planners, Mr Nathaniel Atebije, has commended President Bola Tinubu on the recent ground breaking of the Renewed Hope Cities in Karsana a suburb of the FCT. Mr. Atebije who gave the commendation on Thursday while addressing
FCT Agency Seeks EFCC’s Help To Stop Land Grabbers In Abuja
The Department of Development Control of the Abuja Metropolitan Management Council has called on the Economic and Financial Crimes Commission (EFCC) to come to its aid to tackle growing activities of land grabbers in the Federal Capital Territory. The agency made the call
Tenants Groan As FX, Interest Rate, Inflation Push Up Rents
The haemorrhaging economic condition in Nigeria is impacting negatively on various sectors including the real estate market and its supply chains. This impact is, in more ways defining the economy of the sector in the first quarter of 2024 as more renters groan
Land Use Act Hinders Housing Deficit Reduction, Stakeholders Assert
Stakeholders in the building sector have underscored the Land Use Act as the primary obstacle to addressing the housing deficit in the country, citing mismanagement and lack of effective implementation by policymakers, operators, and governors. In an interview with Daily Sun, expert Mr.
Former Minister Fashola Urges State Review of Tenancy Laws for Monthly Rent Collection
Former Minister of Power, Works, and Housing, Babatunde Fashola, has advocated for the revision of tenancy laws across states to mandate landlords to collect rents on a monthly basis. Speaking at the launch of his book titled “Nigerian Public Discourse: The Interplay of
6 Basic Things FG must do to Achieve Renewed Hope on Housing
Though the popular view about housing delivery in Nigeria is that government should distance itself from direct construction, the fact remains that without government’s involvement, there is so little private sector operators can do to deliver the right number of housing units Nigerians
Real Estate Experts Lament Economic Downturn, Call for Government Intervention and Affordable Housing Solutions
Real estate industry experts have raised concerns about the current economic downturn in Nigeria. Speaking in separate interviews with our correspondent at the 30th Edition of the Annual Memorial Lecture on January 31, 2024, in honor of the first president of the Nigerian
Lagos State Government Issues Final 30-Days Warning to Revert Illegally Converted Residential Buildings
The Lagos State Building Control Agency (LASBCA), led by General Manager Gbolahan Oki, issued a final 30-day notice on Tuesday to owners and occupants of residential structures unlawfully transformed into religious houses, clubs, lounges, and bars without proper approval for change of use.
