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The Governor

Nigeria losing foreign investment due to delayed Land Use Act review

The GovernorLeave a comment December 6, 2020January 17, 2020

The continued delay in reviewing the land use Act had caused Nigeria to lose trillions of naira in foreign direct investments, according to Sir Rowland Abonta, Nigerian Institution of Estate … Read more

Nigerian police plans N750b homes for officers, nationwide

The GovernorLeave a comment December 6, 2020January 16, 2020

An ambitious housing scheme has been launched by the Nigeria Police Force to ameliorate the housing challenges facing its rank and file across the country. The police, presently lack descent … Read more

Real estates experts seek housing policy implementation

The GovernorLeave a comment December 6, 2020January 16, 2020

To boost home ownership, experts in the real estate sector have called for holistic implementation of housing policy capable of addressing infrastructural and mortgage challenges in the industry. Currently, about … Read more

Flooding might trigger building collapse in major cities across Nigeria

The GovernorLeave a comment December 6, 2020January 16, 2020

Except there is a reorientation on locations, design and foundation methodology in flood prone areas, many buildings still risk collapse in view of the incessant rainfall across the country, professionals … Read more

CBN to appoint architects, others for NIPOST buildings rebuilding project

The GovernorLeave a comment December 6, 2020January 15, 2020

Ahead of kick-starting the proposed National Microfinance Bank, the Central Bank of Nigeria (CBN), plans to engage architects for the remodeling of the Nigeria Postal Services (NIPOST) buildings needed for … Read more

Residential vacancy rates in Nigeria increase by 41 per cent

The GovernorLeave a comment December 6, 2020January 14, 2020

Although the Nigeria real estate market has continued to witness improved activities from last year’s performance, a new report released by Northcourt has shown an increase in the vacancy rates. … Read more

Paucity of funds delay Lagos’ Adeniji Adele environmental redevelopment scheme

The GovernorLeave a comment December 6, 2020January 14, 2020

Three years after the authorities finalised plans to embark on the redevelopment of Adeniji Adele, one of the fast approaching slums communities in Lagos Central Business District, it appears the … Read more

Deploy 50% EFCC recovered funds to real estates

The GovernorLeave a comment December 6, 2020January 13, 2020

The Nigerian Institution of Estate Surveyors and Valuers has advised the federal government to channel at least 50 per cent of all recovered funds by the Economic and Financial Crimes … Read more

Not yet affordable housing in real estates despite high promises

The GovernorLeave a comment December 6, 2020January 13, 2020

The housing sector of any country can mar or boost the economy, depending on the manner government wants to run its policies.It is instructive that there is a lot of … Read more

Lagos government in new review of Ilubirin housing estate project

The GovernorLeave a comment December 6, 2020January 12, 2020

Hope of early allocation of buildings to subscribers of Ilubirin estate, a public housing project being built on reclaimed land in Lagos is fading, going by recent development at the … Read more

Lagos state government solicits private sector collaboration in real estate

The GovernorLeave a comment December 6, 2020January 12, 2020

Burdened by the need to bridge estimated three million deficit, the Lagos State Government has appealed to private developers and investors to team up with the government in providing houses … Read more

UN laments Nigeria’s increasing informal settlements

The GovernorLeave a comment December 6, 2020January 11, 2020

The United Nations special rapporteur on the rights to adequate housing, Leilana Fartha, yesterday expressed worries over the poor living conditions of many Nigerians saying informal settlements house about 70per … Read more

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