The Nigerian Institution of Estate Surveyors and Valuers has charged its members to uphold the practice of estate valuing and refrain from unwholesome practices. The President/Chairman of the council, Johnbull Amayaevbo, stated this at the 30th John Wood Ekpenyong Memorial...
A Real Estate Consultant, Mr Righteous Christopher, says Nigeria must erect about 22 million more houses to bridge its housing deficit. Christopher, stated this on Sunday, February 4, 2024, in Abuja, while decrying the housing gap which he described as...
PricewaterhouseCoopers Nigeria has said that it estimates that Nigeria possesses as much as $900bn worth of dead capital locked up in residential real estate and agricultural land. The multinational professional services network stated this in a new report titled ‘Nigeria...
In the realm of real estate investment, especially in urban centers like Abuja and Lagos, land flipping stands out as an enticing strategy for astute investors in pursuit of lucrative opportunities. Given its influential role in the Nigerian economy,...
The Federal Mortgage Bank of Nigeria (FMBN) defended its 2024 budget projections before the National Assembly Joint Committee on Housing and Urban Development on Thursday, December 14, 2023. The leadership of the FMBN was invited by the committee, which consists...
In a bid to provide affordable housing to prospective homebuyers in Enugu State, the Enugu State government has entered into a collaboration with two estate developers, Hymac Real Ltd, a subsidiary of Hyfield and Allied Associates Ltd and Toshel...
As the recent wave of government-sanctioned building demolitions in various states of the federation wears on, Real estate stakeholders have expressed concerns of intensified housing shortage across the country. This was made known by the Chief Operating Officer of MGE...
Governor Babajide Sanwo-Olu of Lagos State yesterday reaffirmed his administration’s commitment to welcoming investments from local and international investors, adding that the state remains ready for business. The governor issued this reaffirmation during a visit by the management of Daewoo...
Arc. Ahmed Dangiwa, the Minister of Housing and Urban Development, has advocated for the nationwide adoption of the Model Mortgage Foreclosure Law (MMFL). He referred to it as a "housing industry stakeholders' initiative" and stated that President Bola Tinubu has...
Adenrele Fatima Olowokure, an expert, has noted the increasing occurrence of building collapses in Nigeria and emphasized the need to involve Estate Surveyors in the investigation process. She also expressed disappointment that the government at all levels has not fulfilled...
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