Friday, March 29, 2024
The Lagos State Chapter of the Nigerian Institute of Town Planners (NITP) has begun construction of its new office secretariat in Lagos, which is named after the pioneer chairman of the chapter, late Joseph Awogbemi. Christened NITP-Joseph Awogbemi House, the...
The Federal Housing Authority (FHA) has threatened to revoke its partnership with developers who fail to deliver contracted housing projects on time. The Managing Director of the agency, Oyetunde Ojo, sounded this warning when he inspected the FHA housing project...
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...
Operators in the built industry have noted that the increasing costs of building materials are hampering construction and the industry’s development. Speaking during a recent media parley in Lagos, the Chairman of Agboyi-Ketu Local Council Development Area of Lagos, Dele...
In response to the considerable drop in bank credit, coupled with shrinking equity funding, real estate developers have resorted to the capital market to raise funds for projects. The expectation is that this will lead to increased housing supply that...
Say It’s negatively affecting livelihoods For residents of Aliowe Housing Estate, Ipakodo- Ikorodu, Lagos, the recently commissioned Oba Sekumade Road would bring great relief to the commuters spending productive hours in endless gridlock. However, while applauding Governor Babajide Sanwo-Olu for completing...
A Real Estate expert, Mr. Benjamin Onigbinde, has called on the Oyo State Governor, Mr. Seyi Makinde, to review the development of abandoned affordable housing estates by the state housing corporation through the Public Private Partnership (PPP). Onigbinde in a...
Daewoo Engineering and Construction Nigeria Limited has announced its intention to invest in housing, real estate, and infrastructure projects in Nigeria, with Lagos State identified as a key area for these investments. Jung Won Ju, the group chairman, revealed this...
The Board of Directors of the African Development Bank Group AfDB on 14th December 2023 approved a new five-year Country Strategy Paper (CSP) for Kenya. The 2024-2028 CSP focuses on boosting private sector-driven growth through infrastructure development, strategic reforms, and...
The Census Bureau says U.S. companies broke ground on a surprisingly high number of houses in November. The agency says housing starts rose 9% from a year ago, primarily because of an 18% increase in starts on single-family houses. Housing starts...
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