The Federal Housing Authority (FHA) intends to allocate about N776.15 million for land procurement and house construction, constituting roughly 19.8% of its total 2024 budget of N3.94 billion. The budget for acquiring land and constructing houses is about 91.1% of...
What would become of aspiring home owners in Nigeria as the dreams of lower construction cost may become a nightmare, going by the new increase in the price of cement by producers, last week.
This development has triggered a ripple...
As Nigerian citizens continue to wail over the constant increase in the price of cement, and other building materials, which has in turn made many Nigerians lose hope of becoming homeowners, experts in the housing and construction industry have...
The Building Collapse Prevention Guild has expressed concern that the ballooning prices of building materials may lead to an increase in the use of substandard goods, exacerbating building collapse in the country.
The National President of BCPG, Sulaimon Yusuf, stated...
A two-storey building with a penthouse has collapsed in the Ebute Metta area of Lagos. The building located along Herbert Macaulay Way in Ebute Metta collapsed around 9.30 am on Friday, December 22, 2023. Three persons are suspected to be trapped...
After nearly two years of hikes to the Bank of Canada’s benchmark interest rate, some forecasters are expecting the housing market correction will come to an end in 2024. But when that bottom hits, and how fiercely home sales and...
In a proactive move to address the impact of significant construction inflation in Nigeria, LandWey, a prominent figure in the real estate industry and the primary landlord across multiple sites from the second toll gate to Epe, unveils a...
An Estate Developer in Akure, Medaville Construction Company Limited has raised concerns over reported incidents of intrusion and halting of ongoing construction work at the Federal Government Housing Estate in Alagbaka, Akure, allegedly by security personnel.
In a protest, letter...
Engineers have emphasized the importance of gender equality and support for Science, Technology, Engineering, and Mathematics (STEM) / Science, Technology, Engineering, Arts, and Mathematics (STEAM) courses as strategies to enhance women representation in the construction industry.
They called for an...
GD Properties and Homes recently unveiled its latest development, a 22-unit estate, comprising semi-detached houses and terraces in Ogombo, Lagos with a view to transform the landscape of the area and provide the much-needed affordable housing solutions. Driven by passion...
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