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Why states are slow, not active in housing delivery

Despite the place of shelter in the Maslow’s hierarchy of human needs, housing delivery in Nigeria has remained abysmally poor. This is despite of governments’ access to factors of housing production.

With about 20 million deficit and substantial contributions expected from public and private sectors, the country could at best expect 4.2per cent of the annual requirement.

The state governments are most culpable in terms of lagging behind in house deliveries despite huge yearly budgetary allocations to their housing ministries.

Apart from Lagos state, which recently announced the completion of about 712 new homes through a partnership with private investors, others states seem not to make housing a priority.

With N33.952 billion budgeted for housing and community amenities in 2021, Lagos state recently added a total of 244 homes in two schemes, notably Courtland Luxury Villas, Igbokushu, and Lekki Apartments which were delivered through private sector collaboration in May 2020.

The state also commissioned last week a joint venture housing scheme located at Iponri, Lekki Phase II, and Idale, Badagry, with a total of 468 home units of various types.

However, it is a different story in other states across the country. Recently, an assessment by the Association of Housing Corporation of Nigeria (AHCN) on the state of housing in the country shows that many states have not built any house in the past two to four years, while few others only increased their stocks through private sector intervention.

Beyond Lagos and perhaps states like Anambra, Bayelsa, Delta, Edo, Jigawa, Kaduna, Kano, Katsina, Nasarawa, Niger, Ogun, Oyo, Taraba and Yobe, whose housing projects are still in embryonic stages, others have paid lip service to shelter.

Among the states that have failed to make any meaningful impact in the industry are Abia, Adamawa, Akwa Ibom, Bauchi, Benue, Borno, Cross River, Ebonyi, Ekiti, Enugu, Gombe, Imo, Kebbi, Ondo, Osun, Plateau, Rivers, Sokoto and Zamfara.

The Guardian identified an amalgam of factors ranging from undue political interference, misplaced priorities, poor implementation and non-execution of public housing programmes as reasons for this dismal performance in housing delivery. For example, there are no cash release to the ministries after the budgets have been signed in most of the states.

The situation in Abia State Ministry of Housing is a classic case of instability because of frequent dissolution of cabinets. Last week, the state’s cabinet was dissolved when the commissioners were barely a year in office.

Such instability, which will not allow for any meaningful programme for a ministry, which is supposed to drive the state’s housing delivery efforts.

A government source said the practice has been a norm and has become a bane to planning, including housing delivery.

Apart from the housing estates being constructed by the federal government in collaboration with the Federal Mortgage Bank, there is nothing on ground at the present in Taraba.

Sources in the Ministry of Housing claimed that most of the estates were constructed and commissioned by past military administrators within five months. They cannot fathom why the ones being built by the current administration has continued to drag.

However, a top government official blamed the outbreak of COVID-19 for thwarting the dreams of the state government to make housing available not only to public workers but to other citizens of the state at affordable price.

Similarly, the present Imo State Government is just initiating a programme for provision of 5,000 housing units for workers and non-government workers.

The state in the past had 19 estates under the control of the Imo State Housing Corporation, located in various villages of Oforolla (Owerri West LGA), Obinze (Owerri West LGA), Avu (Owerri West LGA), Ihiagwa (Owerri West LGA), Aladinma (Owerri municipal LGA), Trans -Egbu (Owerri North LGA), and Unuguma (Owerri West LGA). Each of the estates has 120 houses, bringing it to a total of 2,400.

General Manager and Chief Executive Officer of Imo State Housing Corporation, Chinedu Mbakwe Obi, said there is arrangement to add 3,000 houses to the stock. He disclosed that arrangement had been made with the Federal Mortgage Bank with the consent of the Civil Service as contributors to the National Housing Scheme.

Mbakwe Obi said 1,000 housing units would be provided under the Site and Services low cost Housing for the Civil Servants in the state, in the first quarter. He, however, regretted the large housing deficit in the state.

But in Cross River State, the government said it has so far built over 100 social housing units for the people of the state.
Out of this figure, 52 of the housing units, the state said have been completed and handed over to the occupants who are the Bakassi returnees in the state while the second housing unit at the Obudu Cattle Ranch is almost ready.

Special Adviser to the Governor on Media and Publicity, Mr. Christian Ita said the Bakassi housing units were built and furnished late last year and donated to the returnees even though the place was vandalised in the wake of the last EndSARS protest in the state last year.

He also said the state is building 60 housing units for the aborigines of the Obudu Cattle Ranch, which are at lintel level.

In Oyo state, where Governor Seyi Makinde promised to make provision of houses, a top priority, no single house has been delivered by the state government.

Makinde had promised to “facilitate private sector-driven housing delivery through variants of Public-Private Partnership (PPP) initiatives.

However, up till now, the state is yet to commence implementation. Though, it was gathered that some projects are going on, as it stands, no single project has been completed.

In September 2020, the state’s Commissioner for Lands, Housing and Urban Development, Mr. Rahman Abdulraheem said that apart from existing Government Reserved Areas, (GRAs) government was coming up with about four or more GRAs before the end of the year.

About three of them, he said, would be at Akinyele axis because of railway track coming from Lagos to link the Dry Port to Ibadan.

But the Chairman, Oyo State Housing Corporation, Chief Bayo Lawal, said the corporation is partnering with many private investors to deliver on its mandate.

One of such, he said was the on going 360 housing units at Ajoda, in Egbeda local council. He said that 45 housing units are currently under construction in Bodija, while some local councils, like Saki West are collaborating with the corporation in the provision of housing to the people.

According to him, there is also a PPP arrangement at Ejioku in Lagelu local council while discussion is at advanced stage on another PPP scheme at Oyo.

He said the corporation has almost completed arrangement to allocate 1000 plots to interested members of the public at highly subsidised rate while the Omituntun scheme will also be made available within the shortest possible time.

Similarly, housing delivery in Rivers state is yet to receive the needed attention, as the State Governor, Nyesom Wike, appears to be concentrating on provision of road infrastructure.

The Guardian gathered that while the state has witnessed series of projects commissioning between December and January this year, there is no investment yet in the housing sector despite huge, yearly budgets.

Investigations also revealed that the website of the State Ministry of Housing has remained dormant.

The website was occupied with few activities carried out between 2017 and 2018 on youth empowerment, reclamation and sand filling of Eagle Island as well as the phase 2 of the Mile one market, which is yet to be allocated two years after its completion.

When contacted earlier, the State Commissioner for Housing, Tasie Chinedu Nwobueze, told The Guardian that he couldn’t speak on phone and an interview was scheduled, he later sent text messages that he would not be available for the interview due to some appointments.

The situation is not different in Adamawa State, as the housing crisis in the state has been blamed on the insurgency in the North East. Managing Director of Adamawa State Homes and Savings, Dr. Norris Stanley, told The Guardian that there was mass movement of people from other North Eastern States into Adamawa, thereby increasing the crisis in the housing sector.

He, however, claimed that about 1000 houses would be ready in June, saying that since the creation of Adamawa state, it is the first time that housing will be the priority of government

According to him, the construction of the 1000 houses has reached appreciable level and the houses would be sold to the people at affordable prices.
He said that in the time of Boni Haruna, government introduced the owner-occupier housing scheme and also build Boni quarters to tackle the housing problems.

“The ongoing 1000 houses under construction is the biggest housing project in the North East, no government has embark on such huge housing project in the zone,” he stated.

Also, housing projects in Bauchi have not been noticeable, as the state could not boast of any meaningful delivery in the past years. Rather, the state is partnering the Federal Government through Family Homes Funds (FHF) to construct 2,500 housing units worth N12billion.

The housing project according to the state government has been shared across the six emirates of the state. It said that the project was to reduce the problem of housing deficit, which was worsened by the influx of internally displaced persons from other northeast states troubled by insurgents.

Bauchi metropolis would get 1500, Azare town in Katagum LGA to get 350, Misau 250; Ningi 200; Jama’are100; while Dass is to get 100 housing units.

According to the government, the project would run concurrently and simultaneously to be completed within 12 months as 30 per cent of the cost has been paid to the contractors while subsequent payments would be done as the project progresses.

In Ekiti, the government is attributing lack of housing delivery to peoples’ attitude to mortgage. The Ekiti State Government said that it has recorded over 60per cent deficit repayment from the ten housing estates scattered around the state capital adding that this attitude was discouraging government to build more houses for mortgages.

The Commissioner for Housing and Urban Development, Chief Oladiran Adesua also identified funding as another challenge, stressing that government was in talk with the Federal Mortgage Bank to see how it can assess some funds.

He noted that apart from enacting laws at institutional level, the state is talking with bilateral international agency who are committed in providing 5000 houses over a period of five years.

Similarly, provision of houses has remained a challenge in Gombe. Commissioner for Housing and Urban development, Adamu Dishi Kupto, regretted that successive governments couldn’t equip the ministry to be able to handle issues as common as housing.

He stressed that the present government has evolved a plan to solve the housing challenge by dotting all the 114 electoral wards with housing units.

The idea, he said, is to eliminate the accommodation fear of civil servants especially health workers and primary and secondary school teachers posted to rural areas, thereby ensuring urban-rural drift and discouraging rural-urban migration.

As lofty and commendable as that sounds, the outbreak of COVID-19 shattered the dream of “10 houses in each ward,” he added. In Borno, the state government had pledged to build 210, 000 housing units to bridge the accommodation shortages in the state.

The Governor, Prof. Babagana Zulum, who disclosed this at the foundation laying ceremony for the construction of 500 houses in the state, said urban dwellers will get 10,000 houses, while 200, 000 units would be constructed for the rural residents.

The state is also planning to build 4000 housing units across the state for the Internally displaced persons (IDPs) and civil servants following escalation of the Boko Haram insurgency has caused insecurity and massive displacement of the residents.

Zulum said the essence of the construction is to return the IDPs back to their ancestral homes and give them livelihood support to enable them continue their normal life in their communities.

He also disclosed that the State Ministry of Reconstruction, Rehabilitation and Resettlement (RRR) would be constructing 500 housing units at Auno. Prof. Zulum said the government will invest US $14m towards the project.

The project will feature construction of 400 two-bedroom apartments and 100 one-bedroom apartments. The state is also building another 300 housing units along the Damaturu road, which is very closely to the state university.

                                                                                                                              SOURCE: Guardian.ng

 

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A new report by the United Nations Environment Programme (UNEP) has revealed that one-third of...

a year ago Read More

To prevent further destruction of life and property, Osun State government has commenced dredging...

a year ago Read More

To ensure speedy delivery of construction works in the country, Julius Berger Nigeria Plc, has...

a year ago Read More

To unlock more growth in the sector, the Managing Director of Sabreworks ltd, Mr. Olusegun Philips...

a year ago Read More

Nigeria’s real estate sector has not remained the same since the advent of the global...

a year ago Read More

A research report by the American Water Works Foundation in 1996 pointed out key basic principles...

a year ago Read More

The Kano state government has launched a statewide one million tree planting campaign across the 44...

a year ago Read More

These are not the best of times for potential homeowners and developers as a sharp increase in...

a year ago Read More

• Rent rise by over 50 per cent in major locations Rental homes are getting more expensive in...

a year ago Read More

 Want owners of vacant properties in FCT, others investigated• Urge scrutiny on...

a year ago Read More

Despite a struggling economy and insecurity in the country, the residential market has remained...

a year ago Read More

A chief lecturer in the department of urban and regional planning, Yaba College of Technology...

a year ago Read More

Rental homes are getting more expensive in Southwestern cities as professionals and young families...

a year ago Read More

Encouraged by the potential of Ito-Omu and its adjoining communities in Ibeju and Epe Local...

a year ago Read More

A real estate firm, Vinhomes Global Services Limited, has petitioned the Attorney General and...

a year ago Read More

In a bid to ensure proper and enduring control of flood in the affected area when completed, the...

a year ago Read More

A Lagos-based developer, Wealth Island Properties has implored the federal and state governments to...

a year ago Read More

To unlock more investment, the Lagos State Governor, Babajide Sanwo-Olu has reaffirmed the...

a year ago Read More

A new report released by the Ikeja branch of the Nigerian Society of Engineers (NSE) has revealed a...

a year ago Read More

The Association of Private Practicing Surveyors of Nigeria has expressed worries over alleged...

a year ago Read More

The Lagos State Government has introduced modular building systems such as containerised material...

a year ago Read More

Apparently, to ensure collaboration in the delivery of affordable housing for low-income earners,...

a year ago Read More

Experts have urged professionals in the real estate industry to take advantage of existing...

a year ago Read More

To avert pitfalls in project delivery, the Nigerian Institute of Quantity Surveyors (NIQS) has...

a year ago Read More

After months of lingering legal tussles that ended at the Federal High Court over the powers of the...

a year ago Read More

Plans are underway by the Federal Housing Authority (FHA) and Hongye Group to develop a green smart...

a year ago Read More

PWAN Plus, owners of Cedarwood Luxury Estate has handed over keys of three bedroom terraces and...

a year ago Read More

A Nigerian real estate consultancy firm, Overland Properties Limited, has announced plans to...

a year ago Read More

The Resource Centre for Human Rights & Civic Education (CHRICED) has been awarded a grant from...

a year ago Read More

The Chief Executive Officer (CEO) of Rock Realty Limited, Ibukun Adebayo-Adedayo has played a big...

a year ago Read More

On the heels of the relocation of saw millers at Okobaba to Agbowa-Ikosi site, the Lagos State...

a year ago Read More

The Lagos State Building Control Agency (LASBCA) has decried illegal development and encroachment...

a year ago Read More

A two-story building under construction in a Lagos community collapsed on Tuesday, killing its...

a year ago Read More

• Want owners of vacant properties in FCT, others investigated• Urge scrutiny on...

a year ago Read More

Experts in the real estate sector have urged the government to introduce policies that would...

a year ago Read More

For more than a year now, the housing market has been a perfect storm for sellers, but the winds...

a year ago Read More

Four years ago, when Nigeria first suffered a major currency crisis, Chukwuemeka decided it was...

a year ago Read More

Towards increasing housing delivery, experts have reiterated need for enabling environment and...

a year ago Read More

Apparently, to stave off rising cost of cement in the building material markets, contractors and...

a year ago Read More

Ahead of selecting a contractor for the multi-billion-naira Fourth Mainland Bridge project, the...

a year ago Read More

The real estate industry has undergone a lot of changes since Liz Moore began her career in 1984....

a year ago Read More

The Federal Government has advised estate surveyors and valuers to always have the interest of...

a year ago Read More

Following the Federal Executive Council (FEC) approval for the resumption of the Federal Capital...

a year ago Read More

The Lagos State Government plans to de-risk the housing and mortgage sector, unlocking its...

a year ago Read More

MKH Investment Limited, one of the fastest-growing real estate companies in Lagos, has extended its...

a year ago Read More

The Oyo State Governor ‘Seyi Makinde has commenced the payment of Land Use Charge by paying...

a year ago Read More

• Average prime rents up by 20% in Q1 2021• Prime office yields 8%, driven by pent up...

a year ago Read More

The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has called for the urgent...

a year ago Read More

Beyond the glitz and glamour that surrounds the main FCT metropolis lies some upcoming but relative...

a year ago Read More

Nearly half of Africa’s population could face a future of widespread drought, hunger and mass...

a year ago Read More

Participants at a forum organised by the Nigeria Erosion and Watershed Management Project (NEWMAP)...

a year ago Read More

Although first announced in 2015 as the “Faith Theatre”, the ongoing Winners...

a year ago Read More

Recyclan, in partnership with the Lagos State Ministry of Environment and humanity Nigeria, is...

a year ago Read More

Despite the pandemic, African interest in property abroad did not drop in 2020. Conversely, it grew...

a year ago Read More

The article, on The Guardian property page of Monday, June 7, 2021, titled Federal Secretariat,...

a year ago Read More

Enugu State Government has said it is determined to provide shelter for prospective homeowners in...

a year ago Read More

Despite the job losses and salary cuts caused by Covid-19 pandemic which prevented many home...

a year ago Read More

Poised to achieve comfort in buildings, experts have stressed the need for professionals in the...

a year ago Read More

Concerns have continued to mount over the abandonment of Federal Government buildings in Lagos, the...

a year ago Read More

The opportunities created amid the COVID-19 pandemic has raised optimism that the residential,...

a year ago Read More

The growth of the Nigerian Real Estate sector in 2021 was the focus of experts and analysts at the...

a year ago Read More

To mitigate the impact of climate change and improve environmental sustainability in Lagos, the...

a year ago Read More

A mortgage deal in HELIU Residences supposed to make civil servants in Enugu State Government...

a year ago Read More

To boost investors’ confidence, the Lagos State Government has inaugurated a 16-man Technical...

a year ago Read More

When iBuyers pushed the “pause” button in March as a result of market conditions and...

a year ago Read More

Every economic and political factor in Nigeria indicates that the Real Estate ecosystem can only...

a year ago Read More

Former President, Nigerian Institute of Architects (NIA), Chief. Charles Majoroh has called for the...

a year ago Read More

Babajide Odusolu is the former Managing Director, Ogun Property Investment Corporation (OPIC) and...

a year ago Read More

A fresh 30-year concession for the redevelopment of Tafawa Balewa Square (TBS) located in Marina...

a year ago Read More

Homes in Nigeria come in various styles, forms, and shapes — from mansions to bungalows to...

a year ago Read More

Lagos is known for its exuberance and The Double H was established with that in mind. The African...

a year ago Read More

The Lagos State government has completed negotiations with its Ogun State counterpart on ceding...

a year ago Read More

Expectations were high at the weekend as professionals submitted proposals for the consultancy...

a year ago Read More

About 28 years after it was abandoned, Nigeria’s primary centre for the performing arts...

a year ago Read More

Fresh building blocks were again laid recently in Lagos, unto Nigeria mortgage finance sub-sector,...

a year ago Read More

• Over N250b received by housing ministry• Housing agencies exonerate selves from poor...

a year ago Read More

With inflation trend rising, experts are foreseeing an increase in rent and property values...

a year ago Read More

A Property owner, Mr. Stephen Ugochukwu, has sent a save-our-soul message to the Lagos State...

a year ago Read More

This insinuation far from the truth, says officialMrs Titi Akinlowo’s dream was to have a...

a year ago Read More

The eerie silence and emptiness at the large reception hall of the imposing four-storey...

a year ago Read More

More than a month after building regulations agencies were notified about a structure under...

a year ago Read More

As inflation continues to spiral, major building materials markets in some parts of the country...

a year ago Read More

As part of its promise to guarantee increased investments in the real estate sector, Novarick...

a year ago Read More

 A tripartite agreement that will yield 1,000 affordable housing units in Enugu State has been...

a year ago Read More

The Lagos State Government has awarded reconstruction and upgrade of three roads in Lagos Island...

a year ago Read More

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) said over 90 per cent of land in...

a year ago Read More

The numbers: The construction industry’s confidence rebounded in April, according to...

a year ago Read More

As Lagos State Government prepares for the first phase construction of a 37-kilometre rail project,...

a year ago Read More

To mitigate the nation’s housing deficit, a real estate firm, the COPEN group has indicated...

a year ago Read More

The Infrastructure Concession Regulatory Commission (ICRC) has said, the proposed Jabi Lake project...

a year ago Read More

More than 930 million tonnes of food sold in 2019 landed in waste bins, according to a new UN...

a year ago Read More

 The emerging battle to wade off private developers and investors from constructing...

a year ago Read More

To mitigate climate change effects and ensure environmental sustenance, the Lagos State...

a year ago Read More

Dr. Omoayena Odunbaku is the UN-Habitat’s Human Settlement Officer in charge of...

a year ago Read More

Legal battle over the regulation of real estate transactions in Lagos state is expected to move to...

a year ago Read More

Osborne Foreshore Estate residents have contested moves by Lagos State Government to convert area...

a year ago Read More

Poised to address the dearth of skilled labour, the Federal Government has pledged to resuscitate...

a year ago Read More

Substandard steel products are being sold in major building materials in the country, especially in...

a year ago Read More

Contractors handling the Abuja mass housing project in Zuba are in dilemma over the inability of...

a year ago Read More

The Federal Government has inaugurated the second Governing Council of Hydrocarbon Pollution...

a year ago Read More

International Finance Corporation (IFC) has given a green building certification to Lekki...

a year ago Read More

The Nigerian Institute of Architects (NIA), has expressed worry over the relegation of built...

a year ago Read More

Fresh concerns loom large in the real estate sector, as operatives are apprehensive that housing...

a year ago Read More

The recent sharp rise in interest rates is now taking a toll on mortgage refinance demand, as the...

a year ago Read More

Lagos State Environmental Protection Agency (LASEPA), has charged accredited consultants to be more...

a year ago Read More

With 75 per cent shortfall in Nigeria’s home ownership, industry experts have urged first...

a year ago Read More

Olaposi Lawore is the Managing Director of Dynasty Real Estate (DRE). He has a passion for...

a year ago Read More

Ministers of the environment and other leaders from more than 150 nations, last week, concluded a...

a year ago Read More

After last year’s unpredictability, hopes are high for Nigeria’s real estate as the...

a year ago Read More

Given the challenges facing the real estate industry, valuers have urged the Federal Government to...

a year ago Read More

Piqued by the low contribution of the construction sector to the national Gross Domestic Product,...

a year ago Read More

In a bid to contribute to the economic growth and prosperity, Novarick Homes, a property...

a year ago Read More

In a bid to contribute to the economic growth and prosperity, Novarick Homes, a property...

a year ago Read More

When the first case of the coronavirus pandemic was discovered in Nigeria, there was apprehension...

a year ago Read More

The Nigerian Association of Resident Doctors (NARD) has commenced its housing project in Anambra...

a year ago Read More

Former urban dwellers who have fled to quieter, smaller towns during the pandemic may find...

a year ago Read More

Towards repositioning Nigeria as a tourism destination, the Africa Nature Investors (ANI)...

a year ago Read More

As businesses begin to emerge from the COVID-19 crisis, many of those whose operations were...

a year ago Read More

The question of whether or not Enugu State Commissioner for Lands and Urban Development,...

a year ago Read More

Britain’s luxury property market swelled in 2020, as an increasing number of homes joined the...

a year ago Read More

Martin Dada is a professor of building at the University of Lagos. He spoke to VICTOR...

a year ago Read More

Better days seem ahead for housing finance in the country, following the listing of the Nigerian...

a year ago Read More

An unprecedented scale of valuation jobs might have been thrown up for estate surveyors and...

a year ago Read More

The nation’s apex mortgage bank has announced a technology-driven system that would help...

a year ago Read More

The outbreak of the pandemic across the globe and its ravaging effects in Africa-particularly...

a year ago Read More

Despite the place of shelter in the Maslow’s hierarchy of human needs, housing delivery in...

a year ago Read More

To address contentious areas of the Surveying Council of Nigeria (SURCON) Act, and ensure lasting...

a year ago Read More

Dangote Group, a Nigerian multinational industrial conglomerate has completed the...

a year ago Read More

The Housing Development Advocacy Network (HDAN) has cautioned dubious developers operating in the...

a year ago Read More

Notwithstanding its below-average performance in 2020 occasioned by government inability to pay...

a year ago Read More

The Kebbi State Governor, Senator Atiku Abubakar Bagudu, has revoked the contract for the...

a year ago Read More

A Lagos-based real estate Company, Property World Africa Network (PWAN Group) has said its new...

a year ago Read More

Borno State Governor, Babagana Zulum has laid the foundation for the construction of...

a year ago Read More

  Notwithstanding the poor performance of the real estate sector last year, occasioned by...

a year ago Read More

As the world has been ushered into the year 2021 and as the COVID-19 looms ahead after the second...

a year ago Read More

Notwithstanding the poor performance of the real estate sector last year, occasioned by the...

a year ago Read More

The Federal Capital Territory Administration (FCTA) has warned the six area councils against...

a year ago Read More

The Lagos state commissioner for Physical Planning and Urban Development, Dr Idris Salako disclose...

a year ago Read More

The Nigerian Real Estate Market half-year report, released by Northcourt, a real estate advisory,...

a year ago Read More

Nigerians are not amused by the seeming politicisation of safety of lives and property of citizens,...

a year ago Read More

Despite uncertainty in the housing sector, worsened by rising inflation in the country, a...

a year ago Read More

Anthony Aihie is the Managing Director/Chief Executive Officer, Design Union Limited, a...

a year ago Read More

A five-member gang of serial real estate scammers, who were about to fraudulently lease out someone...

a year ago Read More

The Association of Estate Agents in Nigeria (AEAN), an affiliate of the Nigerian Institution of...

a year ago Read More

The third decade of the 21st century opened up to a world that has been forced into a sharp...

2 years ago Read More

There is palpable fear as the federal government has commenced the process of recovering about 149...

2 years ago Read More

This was disclosed by the Lagos Commissioner for Finance, Dr Rabiu Olowo, on Wednesday. According...

2 years ago Read More

 The National Economic Council (NEC) in a virtual meeting presided over by the Vice President,...

2 years ago Read More

As the downturn from coronavirus pandemic squeezes the economy, higher-end and luxury real estate...

2 years ago Read More

With a population of over 200 million, Nigeria’s major cities are groaning under housing...

2 years ago Read More

As some retail and e-commerce firms are increasing operations to meet customers’ necessities...

2 years ago Read More

The President, Architects Registration Council of Nigeria, Sir Oladipupo Ajayi, says...

2 years ago Read More

As the coronavirus continues to spread, there is fear and trepidation in the air among the real...

2 years ago Read More

The International Planning Associates (IPA) was commissioned in June 1977, by the Federal Capital...

2 years ago Read More

A human rights lawyer, Mr. Femi Falana, has pledged his support towards addressing the menace of...

2 years ago Read More

As Nigeria’s housing shortfall rumbles on, the impact of Real Estate Investment Trusts as...

2 years ago Read More

Haven Homes, a real estate developer, has partnered Seso Global, a property sales and marketing...

2 years ago Read More

Ex-Nigerian international (footballer), Joseph Yobo, says to reduce the country’s housing...

2 years ago Read More

As Nigeria’s housing shortfall rumbles on, the impact of Real Estate Investment Trusts as...

2 years ago Read More

The Federal Government has completed 2,500 housing units in 34 states, the Minister of Works and...

2 years ago Read More

The International Facility Management Association, Nigeria Chapter and Applied Engineering...

2 years ago Read More

The Chairman, Sparklight Property Development Company, Chief Olutoyin Adeyinka, has said the...

2 years ago Read More

The slow down in Nigeria’s real estate industry has been blamed on oversupply in the...

2 years ago Read More

The Majority of African countries are facing a housing crisis as a result of high population...

2 years ago Read More

Real estate investors in the Lekki area of Lagos State have decried the distortion of the master...

2 years ago Read More

The Women Association of Quantity Surveyors in Nigeria has called on the government and private...

2 years ago Read More

Worried by Nigeria’s huge housing deficit estimated at 17 million units and more than N59...

2 years ago Read More

Property developers have called on the federal and state governments to provide the required...

2 years ago Read More

The President of the Real Estate Developers Association of Nigeria (REDAN), Rev Ugochukwu Chime has...

2 years ago Read More

Nigeria’s first and biggest independent real estate network marketing firm, Adloyalty...

2 years ago Read More

The Ogun State Government says it will soon begin to revive some of its major old towns by giving...

2 years ago Read More

Stakeholders in the real estate industry have said Nigeria can solve its housing deficit challenge...

2 years ago Read More

The President of the Real Estate Developers Association of Nigeria (REDAN), Rev Ugochukwu Chime has...

2 years ago Read More

 Residents seek intervention over alleged land conversionHopes of subscribers in the...

2 years ago Read More

Dubai Government initiatives, including the formation of a new real estate committee to regulate...

2 years ago Read More

The Chief Executive Officer of Cielo City Estate, Mr. Damilola Ogunyemi, has said Nigeria’s...

2 years ago Read More

Stakeholders have commenced a process to address the problem of data collation that has been a...

2 years ago Read More

The National Assembly has written to the Nigeria Institute of Building, expressing its concern over...

2 years ago Read More

Nura DanMusa is a certified architect from the Eastern Mediterranean University (EMU) Cyprus, and...

2 years ago Read More

According to the provision of section 4 (1) (e) of the FCT Act, the FCDA is charged with the...

2 years ago Read More

Except for the Federal Government and private developers focus more on the production of homes for...

2 years ago Read More

REMI MAKINDE is a former president of the Nigerian Institute of Town Planners(NITP). He spoke to...

2 years ago Read More

The Presidency has said the sale of over 1,094 housing units completed by the Ministry of Works and...

2 years ago Read More

A past president of the Africa Union of Architects, Tokunbo Omisore, says with the increase in...

2 years ago Read More

Emerging Homeland Development Limited, developers of Silver Spring Residence, has said the Ibeju...

2 years ago Read More

  The Lagos State Governor, Mr. Babajide Sanwo-Olu, has said his administration...

2 years ago Read More

Lagos State Government has collaborated with Architects Registration Council (ARCON) by raising a...

2 years ago Read More

Kano state government has expressed readiness to key into the National Housing Scheme to...

2 years ago Read More

he Refined Investor Series 2020 promises to provide actionable insights for Real Estate Investors...

2 years ago Read More

Better days are ahead for property developers and investors as residential vacancy rate has...

2 years ago Read More

The complex is designed to reduce paperwork in most official dealings as all offices will be able...

2 years ago Read More

Worried by the alarming rate of Nigeria’s housing deficit, a property investment...

2 years ago Read More

Lagos State Commissioner for Physical Planning and Urban Development, Dr. Idris Salako (left)...

2 years ago Read More

The Minister of Works and Housing, Mr. Babatunde Fashola,  said the ministry would soon...

2 years ago Read More

President, International Real Estate Federation, FIBACI-Nigeria, Adeniji Adele (Left), FIBACI...

2 years ago Read More

Despite the critical role of shelter to human survival, availability of housing units for a...

2 years ago Read More

ELENA PANARITIS is the Founder and Chief Executive Officer of Thought Action and guest speaker at...

2 years ago Read More

The shelter is recognised as a basic human right, however, due to the high cost of building...

2 years ago Read More

FESADEB Communications Limited, a leading brand in the Nigerian housing and Public Relations...

2 years ago Read More

Worried about possible exclusion from completed Federal Government Housing schemes, contributors...

2 years ago Read More

Abandoned to fate by successive governments, the ancient city of Badagry has been bereft of any...

2 years ago Read More

Charters Cities Institute, a non-profit organization dedicated to building the ecosystem for new...

2 years ago Read More

Despite the lull in the property market, a new report says the country’s real estate...

2 years ago Read More

Eggheads in the nation’s real estate sector have predicted a marginal growth in the sector...

2 years ago Read More

The United Kingdom housing market may bounce back in 2020, now that there is less uncertainty...

2 years ago Read More

Northcourt Real Estate will host the Nigeria Real Estate Market Outlook Breakfast meeting and...

2 years ago Read More

With the accelerated development-taking place on the Lekki corridor, investors and developers...

2 years ago Read More

House sales in major cities in the United States are expected to nosedive in 2020, thereby...

2 years ago Read More

The Federal Government has been urged to keep off from direct construction of housing and...

2 years ago Read More

The Society for Professional Valuation, (SPV) has called on Nigeria’s anti-corruption...

2 years ago Read More

Experts in real estate business have called for concerted efforts aimed at attracting Nigerians in...

2 years ago Read More

Nigeria’s luxury real estate market has taken a beating lately due to several fundamentals,...

2 years ago Read More

Real Estate experts have canvassed the need for government to put in place policy that would compel...

2 years ago Read More

The Federal Mortgage Bank of Nigeria processed and disbursed a total of N75.5bn for 3,541 mortgages...

2 years ago Read More

The Chairman, Board of Trustee of the Society for Professional Valuation, Mr Sola Enitan,has said...

2 years ago Read More

Frank Okosun is the Senior Partner and Chief Executive Officer of Knight Frank Nigeria. In this...

2 years ago Read More

At a time when macroeconomic and political forces are aggravating the challenges of affordable...

2 years ago Read More

The hope of total recovery for Nigerian real estate in 2020 might not be in sight, as industry...

2 years ago Read More

Commercial banks’ credit to the real estate sector dropped by N122bn in the last one year,...

2 years ago Read More

Experts in the real estate industry have revealed that the next frontier that would redefine the...

2 years ago Read More

Experts have charged the managers of housing corporations and developers in the real estate sector...

2 years ago Read More

India is a country that houses more than 460 million internet users, making it the second-largest...

2 years ago Read More

The real estate industry’s potential to create jobs and boost economic growth has not been...

2 years ago Read More

As the momentum for housing delivery by private estate developers shifts away from the luxury...

2 years ago Read More

Permanent Secretary, Ministry of Housing, Mr Wasiu Adedamola Akewusola (left); Special Adviser to...

2 years ago Read More

The built environment has been fraught with challenges of collapse, quackery, substandard...

2 years ago Read More

Despite the reprieve promised by the Lagos government to property owners, professional groups and...

2 years ago Read More

Chairman, Royal Institution of Chartered Surveyors (RICS) Nigeria Group, Gbenga Ismail (left);...

2 years ago Read More

real Estate experts have canvassed the need for government to put in place policy that would compel...

2 years ago Read More

Many Nigerians are obsessed with Houses which is a reasonable thing as shelter is one of most...

2 years ago Read More

The business mogul said this at the 2019 Mo Ibrahim Forum. Dangote hinted that he avoids luxury...

2 years ago Read More

The most important thing that can boost access to homeownership and help Nigeria to bridge its...

2 years ago Read More

n the real estate investing business, real estate investors need to be familiar with the term...

2 years ago Read More

The Minister of Works and Housing, Mr. Babatunde Fashola, on Wednesday said the ministry would soon...

2 years ago Read More

To boost home ownership, experts in the real estate sector have called for holistic implementation...

2 years ago Read More

Small businesses and real estate investors are discovering that the new business landscape demands...

2 years ago Read More

Three years after the authorities finalised plans to embark on the redevelopment of Adeniji Adele,...

2 years ago Read More

To make Nigeria’s real estate sector more investable, and increase liquidity to drive greater...

2 years ago Read More

Except there is a reorientation on locations, design and foundation methodology in flood prone...

2 years ago Read More

The Lagos State Government has cautioned real estate developers in the state not to build without...

2 years ago Read More

The Lagos and Ogun state governments are in talks to control water released from the Oyan Dam which...

2 years ago Read More

A joint development commission that will foster a strong economic relationship between the Federal...

2 years ago Read More

A joint development commission that will foster a strong economic relationship between the Federal...

2 years ago Read More

Have you ever considered furnished apartments as a viable option during your search for an...

2 years ago Read More

Despite a rebound in some sectors of the economy, the property market has remained slow in...

2 years ago Read More

Landlords don’t just collect rent checks. Successful landlords must understand the law,...

3 years ago Read More

Landlords don’t just collect rent checks. Successful landlords must understand the law,...

3 years ago Read More

Ms. Leilana Fartha, UN Special Rapporteur on the Rights to Adequate Housing, on Monday advised the...

3 years ago Read More

The Nigeria’s luxury real estate market has taken a beating lately due to several...

3 years ago Read More

With the near completion of Dangote Refinery and projects like multi billion Alaro city , Sea port...

3 years ago Read More

After three years of house price falls, Nigeria’s property market is now stabilizing, mainly...

3 years ago Read More

CAPE metropolis – The modern global real estate and Transparency Index (GRETI) has shown an...

3 years ago Read More

Kylie Jenner these days grew to become 19 years vintage in a $50M condominium property, known as...

3 years ago Read More

The annual West African property investment (WAPI) Summit, the area’s most distinguished and...

3 years ago Read More

The Federal mortgage bank of Nigeria says it has invested over N197 billion to deliver over 26000...

3 years ago Read More

The housing market is on fire! Jonathan Smoke, our leader economist, describes it as the...

3 years ago Read More