Plans are underway by the Nigerian National Petroleum Corporation (NNPC) to invest its over N100 billion worth of unharnessed landed property across the country in the real estate sector.
The feasibility of the plan would largely rely on the ability of the group to recover the assets across the country.
Posted on 19 Feb 2018 by Bridget Okuma

A housing expert, Mr Festus Adebayo, has urged the Federal Government to make the Family Home Fund (FHF) scheme effective in 2018 to alleviate the housing challenges in Nigeria. The Family Home Fund is a social housing programme initiated by the Federal Government of Nigeria to provide inexpensive mortgages for low-income individuals and families across the country.
Posted on 29 Jan 2018 by Bridget Okuma

Analysts are of the opinion that the real estate market would expand in 2018 after the economy must have stabilized. Concurrently, stakeholders expect real estate sector to pick up, therefore, providing opportunities for prospective inspectors in different segments of the industry
Posted on 29 Jan 2018 by Bridget Okuma

According to Wiki, the term commercial property (also called commercial real estate, investment or income property) refers to buildings or land intended to generate a profit, either from capital or rental income.

Rental value is a key parameter for measuring real property performance.
Posted on 23 Nov 2017 by Bridget Okuma

Real Estate Developers Association of Nigeria (REDAN) in South West Region has called on the federal government to enact laws that regulate the activities of developers in the industry. They said that the industry needs financing from the government just as every other sector to boost the economy.
Posted on 23 Nov 2017 by Bridget Okuma

In commodity-based economies, like Nigeria, the growth of the hotel real estate is an indicator of how well a country is developing its tourism infrastructure especially with the slow recovery from falls in oil prices and production.

Ranks top in West Africa hotel development
Posted on 23 Nov 2017 by Bridget Okuma

“The Central Bank of Nigeria (CBN) is spearheading a new scheme targeted at providing improved access to housing finance to aspiring homeowners.”- Daily Post
Posted on 31 Aug 2017 by Bridget Okuma

Lagos State Governor Akinwunmi Ambode has decried lack of standards in real estate agency in Nigeria. He said Nigerians had been defrauded to the tune of several billions of naira as a result of the activities of dubious and unqualified agents. - The Guardian
Posted on 23 Aug 2017 by Bridget Okuma

The daunting task of tackling the menace of homelessness in Nigeria is gradually moving away from being a dream to reality.

Real estate development firm, EUC Homes, has launched a new premium estate in Oworonshoki, a suburb of Nigeria’s commercial capital Lagos state - Nigerian Tribune
Posted on 17 Aug 2017 by Bridget Okuma

The Federal Housing Authority (FHA) has revealed that all feuds delaying the full kickoff of the FESTAC Phase 2 housing project have been resolved, saying the imminent commencement of the project is expected to created nothing less than four million jobs for Nigerian youths and professionals in the formal and informal sectors. - "Nigerian Tribune"
Posted on 17 Aug 2017 by Bridget Okuma

“To facilitate the return of about two million Internally Displaced People (IDPs) in Borno State, the State Government has announced that it is completing the “reconstruction and renovations” of 32, 290 housing units in seven affected council areas of the state.”- The Guardian
Posted on 16 Aug 2017 by Bridget Okuma

South Energyx Nigeria Limited, the developers and planners of Eko Atlantic City, Nigeria’s premium smart city situated adjacent to Victoria Island, has partnered with Fine and Country West Africa for the Refined Investors Series 2017, scheduled to take place in London, the United Kingdom on October 6th and 7th, 2017.
Posted on 16 Aug 2017 by Bridget Okuma

According to PM News, the Federal Mortgage Bank of Nigeria (FMBN) on Monday disbursed N643 million loan to 740 federal civil servants who benefited from its Home Renovation Loan (HRL) scheme.

The beneficiaries are the fifth batch in the scheme affords National Housing Fund (NHF) contributors opportunity to access mortgage loans of N1 million for renovation of their existing homes.
Posted on 09 Aug 2017 by Bridget Okuma

According to The Guardian, a Federal High Court in Lagos on Monday ordered permanent forfeiture of a 37.5m dollars Banana Island property in Lagos, belonging to former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, to the Federal Government.
Posted on 08 Aug 2017 by Bridget Okuma

“AGAINST the backdrop of deepening Nigeria’s mortgage market in order to improve access to quality and affordable homes in the country, Nigeria Mortgage Refinance Company NMRC, and Alpha Mead Development Company AMDC, a strategic business unit of a leading total real estate solutions company of Alpha Mead Group, have signed a Memorandum of Understanding MoU.”- Vanguard
Posted on 08 Aug 2017 by Bridget Okuma

“For Nigerian local developers and potential investors living outside the shores of the country, opportunity is beckoning as Nigeria’s frontline real estate marketing and advisory firms, Fine & Country (WA), is perfecting plans to take Nigerian real estate market to the world through its Refined Investors Series (RIS).”- Business Day
Posted on 08 Aug 2017 by Bridget Okuma

As professionals and stakeholders in the Nigerian Housing Sector has always clamoured , there is no platform as strong and promising for the transformation of the Nigerian economy as the real estate/ housing development sector.

In this article we unmask the future of real estate development in Nigeria.
Posted on 07 Aug 2017 by Bridget Okuma

Business Post reports that the Council of Nigerian Institution of Estate Surveyors and Valuers has been urged to regulate values and rates of land across the country.

This appeal was made by the Minister of Power, Works and Housing, Mr Babatunde Fashola, at the Ministry’s headquarters in Abuja when he received members of the Council.
Posted on 07 Aug 2017 by Bridget Okuma

“Giant Tyre Manufacturing Company DN Tyre and Rubber Plc, formerly Dunlop Nigeria Plc, has instituted a $14.6million suit on a commercial bank, a church and five others over alleged illegal acquisition of land.”- Vanguard

The claimant, the owner of 20.22 acres of land at plot 23, Oba Akran Avenue, Ikeja in the suit before a Lagos High Court, is alleging complicity of the bank, Word of Power Global Ministries International
Posted on 02 Aug 2017 by Bridget Okuma

“For reasons bordering on improved infrastructure and the crimpling impact of economic downturn which has compelled some individuals, families and corporate institutions to downgrade and change locations, Landed property prices in Lekki is the fastest rising among the prime island locations in Lagos.”- Business Day
Posted on 02 Aug 2017 by Bridget Okuma

According to PM News, the Lagos State Government is partnering with the Singapore Government in public housing development in a bid to bridge the housing deficit in the state which stood at three million.

Officials from the Singapore Government, led by Dr. Koh Poh Koon, Senior Minister of Trade and Industry, Ministry of National Development, paid a visit to the Lagos Commissioner for Housing
Posted on 01 Aug 2017 by Bridget Okuma

“An official of the Lagos Metropolitan Area Transport Authority (LAMATA), Mr Kolawole Ojelabi, says that the Ikeja bus terminal project is 90 per cent completed.”- PM News

Ojelabi, who is the Head of Media and Communication, LAMATA, disclosed this in Lagos on Monday.

Posted on 01 Aug 2017 by Bridget Okuma

According to The Nation, the Lagos State government has paid N8 billion compensation to land owners ; individuals and groups whose property had been affected by capital projects in the last one year.

The Special Adviser to Governor Akinwunmi Ambode on Urban Development, Mrs. Yetunde Onabule, broke the news at a seminar on: Urban Thinkers’ Campus: The City We Need.
Posted on 28 Jul 2017 by Bridget Okuma

The Guardian reports that the Special Adviser, Office of Civic Engagement, Lagos State, Kehinde Joseph has said the state government will not tolerate land grabbing activities, as it would be firm in implementing its property protection law.

Speaking at a sensitisation programme on the Lagos State Properties Protection Law 2016, organised by the Office of Civic Engagement, Joseph said before now, property acquisition in the state was a nightmare, while acquiring land from land holding families, communities and individuals was fraught with fear and uncertainty.
Posted on 28 Jul 2017 by Bridget Okuma

“In a major blow to economic reforms and wealth creation in the country, the Senate on Wednesday rejected the proposal for the deletion of Land Use Act from the 1999 Constitution.”- Business Day

The Land Use Act is seen as one of the biggest impediments to converting land resources into individual wealth in the country as it hinders the transferability of ownership rights in landed property without government interference.
Posted on 28 Jul 2017 by Bridget Okuma

“If the Association of Real Estate Developers of Nigeria (AREDOLS), Lagos State chapter, have their way, setbacks on building sites on land may be reduced.”- The Nation
Posted on 27 Jul 2017 by Bridget Okuma

“Real Estate Investment Trusts (REITs) and workers cooperative societies were top of considerations as experts gathered in Abuja recently to discuss the way forward for affordable housing delivery in Nigeria.”- Business Day
Posted on 27 Jul 2017 by Bridget Okuma

PropertyVaultNG is a proudly Nigerian online Real Estate marketing platform with over 10,000 properties operating in Lagos & Abuja.

Our approach is simple - we bring landlords, owners, investors, developers and agents to our platform with the objective to provide unlimited exposure for their properties and great options to home seekers.
Posted on 26 Jul 2017 by Bridget Okuma

Real Estate has always been a profitable investment, especially in the long run. Once you understand how and when to invest in real estate, you have the opportunity to earn big with every investment you make.
Posted on 26 Jul 2017 by Bridget Okuma

The Lagos State Government on Sunday attributed the building collapse, which occurred at No. 7, Saidu Okeleji Street, Meiran in Agbado Oke-Odo Local Council Development Area (LCDA) on Saturday to heavy loads placed on the building and substandard materials used for the construction work. - The Guardian
Posted on 25 Jul 2017 by Bridget Okuma

According to The NATION, Federal High Court in Lagos has ordered the interim forfeiture of a Banana Island property, Lagos bought for $37.5m in 2013 by a former Minister of Petroleum Resources, Diezani Alison-Madueke.

Justice Chuka Obiozor, a vacation judge, made the order yesterday following an ex parte application by Economic and Financial Crimes Commission (EFCC) counsel Mr. Anselem Ozioko.
Posted on 24 Jul 2017 by Bridget Okuma

Shonekan, in a chat with The Nation, said with an efficient mortgage system, more Nigerians would be able to own homes. He, however, noted that many are not aware of the processes to getting a mortgage.. - The Nation
Posted on 24 Jul 2017 by Bridget Okuma

“The Lagos State government yesterday denied involvement with a construction firm, Master Realty International Concept Limited, allegedly said to be parading itself as having approval to build an ICT specialised mall beside the new Ikeja Bus Terminal.”- The Nation
Posted on 19 Jul 2017 by Bridget Okuma

Would you sell, rent out or live in inherited property?

In Nigeria, it is common practice to inherit property following the death of a parent, loved one or someone close to you. If you ever find yourself with an inherited property, the next question that hits you is “what am I going to do with this property?”
Posted on 18 Jul 2017 by Bridget Okuma

The Leadership reports that an Abuja High Court has ordered a developer, White Diamond Property Development Company, to remove 7 units of five-bedroom duplex worth N350 million each due to an Abuja land dispute.

The court also awarded the sum of N10million as damages against the developer of the property, as penalty for encroaching on a piece of land belonging to Trade Wheels Limited.
Posted on 18 Jul 2017 by Bridget Okuma

“Wife of former Vice President, Mrs.Titi Atiku Abubakar, has narrated to a Lagos High Court sitting in Ikeja how her former errand boy, Nsikak Akpan Jacobs, whom she made the Managing Director of her company, THA Shipping and Maritime Services, sold her property for N918 million and used the money to fund his gubernatorial campaign in Akwa Ibom State.”- The Guardian
Posted on 18 Jul 2017 by Bridget Okuma

“The final draft of a 20-year Ibadan city master plan aimed at tackling flooding, as well as charting a new direction for the city has been presented to the Governor of Oyo State, Senator Abiola Ajimobi.”- Daily Post
Posted on 18 Jul 2017 by Bridget Okuma

“The recent assurance given by Governor Akinwunmi Ambode of Lagos State, to stem the raging tide of the flushing Lagos floods is as timely as it is imperative. The crux of the matter is that finding sustainable solutions to this critical issue goes beyond any blame game. The government cannot mitigate the scourge of floods alone, not just here in Nigeria but elsewhere in the world. Not only is it expensive but preventive rather than curative mechanisms would always save the day.”- The Guardian
Posted on 17 Jul 2017 by Bridget Okuma

“Determined to accelerate the development of Nigeria’s largest state in terms of land area, the Niger State government has embarked on a landmark new initiative that will deploy the potentials of its rapidly growing urban centres and their proximity to the nation’s capital, as a platform to boost the economic, social and general well being of its citizens.”- Daily Trust
Posted on 17 Jul 2017 by Bridget Okuma

In reaction to the huge menace from the flood that submerged Lekki, Ajah, Epe and other cities of Lagos state, the Lagos government has now advised the residents of the affected areas to either remain indoor or move out entirely if it becomes unbearable.
Posted on 13 Jul 2017 by Bridget Okuma

“Report back from the 3rd edition of the JLL Masterclass series in collaboration with the Harvard Business School Nigeria Alumni Association Real Estate circle: Industry leaders from various sectors were invited to discuss the topic “Leveraging your Real Estate portfolio to achieve sustainable business growth”. Business longevity strategies were on the table as well as the role and evolution of commercial real estate.”- Business Day
Posted on 11 Jul 2017 by Bridget Okuma

“A flood which followed many hours of downpour displaced many homes and caused deaths in Suleja, Niger State, on Sunday, witnesses said.

Witnesses said eight members of a household were suspected to have died in the flood which affected Suleja and Tafa local government areas of Niger.
Posted on 10 Jul 2017 by Bridget Okuma

“Two Lagos firms and Oyo strike housing deal. The Lagos firms are to build two estates in Oyo State that will accommodate over 2000 people including civil servants.”- Nation
Posted on 10 Jul 2017 by Bridget Okuma

“To directly engage with its customers across Nigeria, Lafarge Africa Plc, Africa’s leading housing and infrastructure solutions company, will be launching #AskLafarge social media campaign.”- The Sun
Posted on 10 Jul 2017 by Bridget Okuma

One-Time Federal Commissioner for Works & Housing, Alhaji Femi Okunnu, yesterday expressed concern over the state of the former Federal Secretariat in Ikoyi and other abandoned Federal Government assets in Lagos State.

Okunnu, a Senior Advocate of Nigeria (SAN) spoke at the Lagos House in Ikeja where he presented the report of a Special Committee set up by Governor Akinwunmi Ambode on Federal Government Assets in Lagos, the nation’s erstwhile capital.
Posted on 06 Jul 2017 by Bridget Okuma

The Oyo State governor, Abiola Ajimobi, has said that all structures on waterways and floodplains obstructing the free flow of rivers may have to give way to forestall loss of lives and properties to flooding in Ibadan, the state capital.
Mr. Ajimobi said this during an assessment of areas affected by rampaging flood that submerged some buildings and other valuables in some areas in Ibadan after a five-hour downpour, on Tuesday.
Posted on 06 Jul 2017 by Bridget Okuma

According to PM News, a Lagos High Court in Igbosere on Thursday dismissed a motion by the Executive Director of Lekki Gardens Estate Limited, Mr Sola Olumofe seeking to quash the criminal charges filed against him and others by the Lagos State Government over alleged negligence in the events leading to the collapse of a building in Lekki area of the State on March 10, 2016.
Posted on 29 Jun 2017 by Bridget Okuma

The Federal Capital Territory Administration (FCTA) has ordered the six area councils to immediately close all land offices, while affected staff members redeployed to their various departments for further posting.

A circular, dated June 9th, 2017 signed by the FCT permanent secretary, Dr Babatope Ajakaiye, which was made available to LEADERSHIP in Abuja yesterday...
Posted on 29 Jun 2017 by Bridget Okuma

Uncertainties in the real estate industry have continued to dampen commercial property market, on the back of a turbulent Nigerian economy.

And this monetary and fiscal polices largely driven by the country’s macroeconomic fundamentals, stoked inflation, slowed economic growth and created a volatile exchange rate.
Posted on 23 Jun 2017 by Bridget Okuma

“With the recession lingering and hitting hard on real estate sector, many prospective homeowners are dumping the idea of homeownership, while others want to build a simple home that is comfortable and affordable, without going into debt.

It is a fact that in most Nigerian cities, the dreams of lower construction costs have once again become a nightmare for a lot of aspiring homeowners, going by fresh increases in the prices of basic building materials.
Posted on 20 Jun 2017 by Bridget Okuma

“Dr Beni Goka, Executive Director, Parliamentary Staff Association of Nigeria (PASAN), National Assembly Chapter, says the association is embarking on construction of 6,000 housing units with local materials for staff in Abuja.”- The News Guru

He made this known in an interview with the News Agency of Nigeria on Sunday in Abuja.
Posted on 19 Jun 2017 by Bridget Okuma

“Brighter days may lie around in the corner for prospective homeowners, following plans to introduce a public private partnership initiative that seeks to increase access to housing finance in Nigeria through mortgage guarantee insurance and microfinance scheme.”- All Africa
Posted on 19 Jun 2017 by Bridget Okuma

In a world of smartphones and mobile Applications, real estate photography has become even more important if you desire to make your property stand out from hundreds of houses listed for sale in Nigeria.

Forbes recommends the use of good quality photos when placing a real estate listing.
Posted on 16 Jun 2017 by Bridget Okuma

Living in a particular house for many years can get boring.
It can get very irritating, when your property remains the same, every single year.

Here are five inexpensive ways to make your house look as good as new.
Posted on 15 Jun 2017 by Bridget Okuma

Don’t be easily fooled by plenty talks, not every real estate agent or developer goes into the business of real estate having their client’s best interest at heart. This article turns searchlights on the dark agents of real estate business.

Real estate transactions involve the leasing, renting, buying or selling of property and is viewed as a very profitable venture.
Unfortunately, scams and frauds are a common feature within the sector.
Posted on 07 Jun 2017 by Bridget Okuma

At the recent meeting in London with the theme “Trends Shifting Real Estate Capital Flows in Sub-Saharan Africa was the African Chapter’s first London’s GRI forum, an official of Ecobank Nigeria Plc, Mr Kunle Osilaja led the discussion on how Africa compares to other emerging global markets.

Leading real estate and infrastructure experts under the aegis of Global Real Estate Institute (GRI) club have identified funding challenges to investment in real estate and proposed options for practitioners in African continent to operate optimally.
Posted on 06 Jun 2017 by Bridget Okuma

Mr. Samuel Ukpong, who made the call in a press conference to mark NIESV week in Lagos, disclosed that the institution has prepared a bill and has forwarded to the Executive and the State’s House of Assembly.

Members of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) have reiterated its call for the establishment of the Office of Valuer-General in all the 36 States.
Posted on 06 Jun 2017 by Bridget Okuma

The Rent now, Pay later programme initiated by PropertyVault Limited tagged –“Rent Actuation” has attracted the partnership of Fortis Microfinance Bank in the provision of rent loans to home seekers with good cashflow but inadequate savings.

Fortis Microfinance Bank Plc. is a leading Nigerian financial institution licensed by the CBN in the year 2007 and has been operating for 10 years with an excellent business record.
Posted on 27 Feb 2017 by Bridget Okuma

This Day reports that the first and largest Made-in-Nigeria Building Material Trade Show, which will hold in Lagos will soon be declared open by the acting President, Prof. Yemi Osinbajo.

“This was made known in a press statement released to newsmen by the organiser, Mrs. Roni Akins, Publisher Global Homes Magazine, a UK based real estate publication that specialises in housing journalism in the UK and Nigeria.
Posted on 21 Feb 2017 by Bridget Okuma

Ekiti State government has said that federal agencies occupying houses belonging to the State Government must comply with the government directive by either buying the properties they are presently occupying or paying rent on the properties.

The government, which reacted to news report that it evicted the Nigeria Security and Civil Defence Corps, (NSCDC) Ekiti State command and other Federal ministries and agencies from their various offices, said;
Posted on 17 Jan 2017 by Bridget Okuma

Governor of Lagos State, Akinwunmi Ambode, on Wednesday, said plans had been concluded to turn Industrial Estate in Sabo, Yaba to an Information and Communication Technology (ICT) hub.

Independent Newspaper reports that Ambode, who made this known during his inspection tour of the estate, described it as “the next Silicon Valley’’.
Posted on 12 Jan 2017 by Bridget Okuma

As a result of the present economic recessing facing the country, some house-owners in the Federal Capital Territory (FCT) have reduced their house rents so that people can afford the houses.

NAN reports Many houses in the FCT have remained unoccupied as many people can no longer afford to pay rents due to the harsh economic situation.
Posted on 11 Jan 2017 by Bridget Okuma

The Federal Government on Friday inaugurated a N13bn mortgage refinancing scheme for federal civil servants.

The Minister of Finance, Mrs Kemi Adeosun while launching the scheme stated that a total of 5,635 civil servants would benefit from the scheme under the first phase.
Posted on 13 Dec 2016 by Bridget Okuma

The commencement of operations by Nigeria mortgage refinance company (NMRC). The disbursement of mortgage refinance proceeds to mortgage lenders have increased liquidity in the sector, experts have said.

NMRC, a fledgling secondary mortgage company in Nigeria, is an initiative of the mortgage banking association of Nigeria (MBAN), federal ministry of finance, the central bank of Nigeria (CBN) and World Bank to drive home ownership.
Posted on 09 Dec 2016 by Bridget Okuma

Already 8,000 Civil Servants has subscribed for affordable housing scheme as ?the Federal Government begins construction of a 3,000 housing units at an Estate located at Life Camp, Abuja.

It made the disclosure at an unveiling ceremony of an estate developer, Brains & Harmmer, at a press briefing by Head of Civil Service of the Federation, Mrs. Winifred Oyo-Ita.
Posted on 07 Dec 2016 by Bridget Okuma

Frontline real estate developer, UACN Property Development Company (UPDC) Plc, last week delivered another residential project in Lagos, The Residences.The newly commissioned project is a milestone towards reducing the huge housing deficit in Nigeria in general and Lagos in particular.

The Residences, located within the former Durban Hotel, now Golden Tulip Festac Hotel, Janet Fajemigbesin Street, Off Festac Link Road, Amuwo Odofin, has a total of 198 units of one and two bedroom apartments on eight floors.
Posted on 05 Dec 2016 by Bridget Okuma

As part of efforts to reduce the effects of the current economic downturn in the country, the Lagos State Government, yesterday, said it has concluded plans to start allocation of houses using the newly-introduced rent-to-own policy.

Vanguard reports that the State’s Commissioner for Housing, Prince Gbolahan Lawal, who disclosed this at a press conference ahead of the launch of the scheme, said the Rent-To-Own and Rental Housing Policies of Governor Akinwunmi Ambode’s administration is aimed at making housing more readily affordable and accessible to Lagosians.
Posted on 02 Dec 2016 by Bridget Okuma

Lagos State Governor, Mr. Akinwunmi Ambode on Monday said his administration has so far injected over 1,000 additional housing units into the State and the schemes are now ready for occupation by interested residents.

Governor Ambode, who stated this during an extensive inspection tour of ongoing projects in the Eastern axis of the State, said the official flag off of the allocation of the housing units would commence on December 9, 2016, while interested residents of the State need not know anybody before applying.
Posted on 30 Nov 2016 by Bridget Okuma

Lagos state government has slashed the prices of its housing units under the Lagos Home Ownership Mortgage Scheme (LagosHoms) to give low and middle income earners to buy into the scheme.

Information available to housing news indicates that the prices of the housing units at Sir Michael Otedeola Housing Estate in Odoragunshin,Epe, have been crashed significantly. There are 336 housing units within the estate, comprising of 180 room and 80 units of two bedroom apartments.
Posted on 30 Nov 2016 by Bridget Okuma

Despite the fact that our citizens would have said ten bad things about the country before they even reflect on one good thing, the nation has been making a lot of progress in some key sectors of the economy over the years. One of such is tourism. This article showcases the top 10 best holiday resorts in Nigeria.

There are many beautiful and breathtaking resorts in Nigeria; places where you can have weekend or holiday get-away or even spend your honeymoon. These places don’t just offer beautiful attractions, but also high class accommodation facilities and excellent hotels meant to transform your holiday into an unforgettable experience.
Posted on 15 Nov 2016 by Bridget Okuma

The 2016 edition of the Refined Investor Series (RIS), promoted by Fine and Country International Realty will hold at the Wheatbaker Hotel, Ikoyi, Lagos next week.

The programme, which is coming on the heels of Fine and Country West Africa’s 8th anniversary in Nigeria, will be chaired by the Managing Director, Standard Chartered Bank, Mrs. Bola Adesola , who will discuss the theme – "Out of the Box" : Unlocking Smart Real Estate Opportunities during a Recession.
Posted on 14 Nov 2016 by Bridget Okuma

Vanguard reports that National President of COREN, Kasim Ali, disclosed this in the position paper presented at the public hearing on the repeal of Federal Roads Maintenance Agency Act N7 LFN 2002 and establishment of the Federal Roads Authority bill, 2016 and National Roads Fund Establishment bill, held at the instance of House Committee on Works, chaired by Toby Okechukwu.
Posted on 08 Nov 2016 by Bridget Okuma


The Lagos Tenancy Law 2011 does not apply to residential premises owned or operated by an educational institution for its staff and students; this would include boarding houses, hostels, university staff quarters etc.
Posted on 08 Nov 2016 by Bridget Okuma

MTN Foundation (MTNF) has officially kick-started the second stage of its 'What Can We Do Together' development initiative, having received 92,000 entries.

The Guardian reports that to this end, it had commenced verification visits to 1,039 shortlisted communities, out of which a final 200 successful beneficiaries across the six geo-political zones would be impacted by its corporate social responsibility (CSR) effort.

According to The Guardian, MTN Executive, Amina Oyagbola, said: "Part of the campaign promise of the 'What Can We Do Together' initiative is to ensure high-level transparency and communal involvement by carrying the public along through the nomination and selection processes. This is necessary to promote credibility and openness in the initiative. As we speak, all the shortlisted nominators have been contacted to confirm the actual locations of their nominated communities, after which, a final selection of the 200 qualified communities will be conducted."

The Guardian reports that to the foundation’s Executive Secretary, Nonny Ugboma, "the 'What Can We Do Together' initiative is a unique project aimed at putting smiles on the faces of individuals through the provision of some basic amenities that complement government’s efforts at improving the quality of lives in communities across the country."
She noted that in this phase, the foundation would focus on electricity transformers, boreholes, school furniture and medical supply donations to community healthcare centres.

The gesture includes 20 transformers and 20 boreholes to select communities; 80 schools to receive school furniture while 80 primary healthcare centres are to get medical supplies, The Guardian reports.

Source: The Guardian
Posted on 07 Nov 2016 by Bridget Okuma
New Telegraph reports that the federal government, yesterday, urged state governments to pull down structures erected on waterways to prevent flood disasters in their areas.

New Telegraph reports that, a Director of Engineering Hydrology at the Nigeria Hydrological Services (NIHS) Abuja, Clement Nze, gave the order during sensitisation workshop in Abakaliki on ways to prevent flood.

Nze called on those living in flood prone areas to vacate the areas to avoid being swept by the disaster when it occurs.
He said: "We are here in Ebonyi State which is what we call hydrological area 7. Unfortunately, our coming here is a little bit late, but we still feel it is necessary to let them know about the dangers of flooding caused mainly by human activities.

"When people build around water ways, it causes flood. Big men when they acquire two plots of land adjacent to a river, they extend their structures within the river bank, where the river supposed to flow, and it causes flooding. Once there is heavy rainfall, water must find its level, and it has the tendency to pull down the structures built around the water ways."

Source: New Telegraph
Posted on 02 Nov 2016 by Bridget Okuma
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Posted on 28 Oct 2016 by Bridget Okuma
The Federal Government has revealed plans to invest N30 billion in the establishment of an agro-industrial town in the Federal Capital Territory (FCT).

According to The Guardian, the Minister of Agriculture and Rural Development, Audu Ogbeh, said the ministry was working in partnership with Aso Savings and Loans Plc for the development of 15,000 hectares of land in the Kwali Local Council to create a commercial hub for agribusiness in the FCT.
While speaking with journalists in Abuja during a visit to the farm, Ogbeh said the ministry also intended to attract 3,000 youths in Abuja into agriculture, as well as big players in the agribusiness industry, adding that the model would be replicated in all the states.
Posted on 27 Oct 2016 by pvl
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Posted on 27 Oct 2016 by pvl
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