Many houses affected as downpour, flood hit Lagos
Many residents of Nigeria’s economic nerve Centre were also stranded in their residential apartments and in their cars as major roads were submerged by flood after months of heat waves in the state. In a statement, the South West Coordinator of the National
Tinubu Approves N126bn For Housing Provision Nationwide
President Bola Tinubu has approved N126.5 billion for the delivery of a total of 100,000 houses nationwide in 18 months. This was disclosed by the Minister of Housing and Urban Development, Arc. Ahmed Dangiwa, during the groundbreaking ceremony for 3,112 housing units as
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
Value of UK housing stock dropped by £27bn in 2023 as high costs hurt market
The UK’s housing stock has seen its first annual decline in value since 2012 after some £27bn was wiped off last year, according to new analysis, amid higher mortgage costs and pressure on household finances. Figures from property firm Savills showed that despite
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
Jay Jay Okocha Builds 100 Bungalow Houses For The Poor And Homeless People
Jay Jay Okocha builds 100 bungalow houses for the poor and homeless people in the hometown where he was born. Okocha who hails from Anioma in Delta State is building a total of 100 bungalows in a community in Enugu where he was
Former NBRRI CEO Urges Nigeria: Embrace Local Materials to Tackle Soaring Housing Costs
Razaq Lawal, former chief engineer at the Nigerian Building and Road Research Institute (NBRRI) under the Federal Ministry of Science and Technology (FMST), has emphasized the critical importance of leveraging local building materials to curb the escalating costs of purchasing and renting apartments
Former NBRRI CEO Urges Nigeria: Embrace Local Materials to Tackle Soaring Housing Costs
Razaq Lawal, former chief engineer at the Nigerian Building and Road Research Institute (NBRRI) under the Federal Ministry of Science and Technology (FMST), has emphasized the critical importance of leveraging local building materials to curb the escalating costs of purchasing and renting apartments
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
President Tinubu Endorses Every Nigerian’s Right to Housing
Nigeria’s president, Bola Tinubu has thrown his weight behind the notion that every Nigerian deserves a home. This resounding endorsement came Thursday during the official launch of the construction of 3,112 pilot housing projects under the Renewed Hope Housing Initiative in the Karsana