In recent years, the building and construction industry has been grappling with significant challenges, marking one of its most difficult periods. Over the past two years, construction costs have surged by a staggering 200%, propelled by a confluence of...
Writing in Crain’s Chicago Business, Judith Crown explains the various factors behind the high cost of affordable housing construction. According to Crown, “Costs are driven by the byzantine rules of the federal tax credit system that require builders to assemble...
Rents in Lagos have surged by 91.32 percent over the past five years, posing a challenge to residents seeking affordable housing. This is according to data obtained from prices sourced from prop-tech, propertypro.ng and estate agents in different locations. The weighted...
Housing which holds significant importance for individuals, families, and communities remains a major problem to Nigerians especially on securing opportunity for its quality, decent and affordability. It serves as a fundamental human need and provides a range of benefits...
Owning a home is a significant milestone and a dream shared by many Nigerians. With the soaring real estate prices, achieving this dream can seem like an uphill battle. However, there is a powerful tool that can turn this...
The Land Use Act of 1978 has long been the cornerstone of Nigeria's land tenure system, providing the legal framework for land ownership, use, and management across the country. However, as Nigeria's population continues to grow, urbanization accelerates, and...
On Tuesday, August 1, 2023, the Nigerian Senate in Abuja screened Arc. Ahmed Musa Dangiwa from Katsina State as a minister nominated by President Bola Ahmed Tinubu, GCFR to serve in his administration. Adjudged by many as a gentleman,...
Dr. Innocent Meckson Okoro, popularly called MI Okoro is the Principal Partner of MI Okoro and Associates and the current Captain, of Ikoyi Gulf Club. MI Okoro is one of the front-liners who belong to many professional bodies...
The process of buying land in Lagos, Nigeria can be quite lengthy and complex, but here are the general steps involved: Identify the Purpose of the Land: Before acquiring land in Lagos, it is important to determine the purpose...
From the foregoing, where the terms of an agreement are written in clear, simple and straight forward language that it requires no interpretation, it is only to be accorded its grammatical meaning. It is the law that where the...
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