Senate Passes Bill for Establishment of Projects Development Agency in Enugu
In a plenary session held on Wednesday, the Nigerian Senate moved forward with a significant legislative step by passing a bill for the establishment of the Projects Development Agency (PRODA)…
Atiku Slams FG, Says N20 Trillion Pension Fund Proposal for Infrastructure is Illegal
Former Vice President, Atiku Abubakar, has criticised the Nigerian government’s plans to use N20 trillion from pension funds to finance infrastructure projects. At the end of the federal executive council…
Federal Government Allocates N1bn for Hostel Construction in 12 Tertiary Institutions
The Federal Government has approved N1 billion to support the construction of hostels in twelve selected tertiary institutions across Nigeria. This initiative, a partnership with private developers, includes six universities,…
FEC’s Approval Unlocks Homeownership Dreams, Nigerians to Access 25-Year Mortgages at Low Rates
FEC's Approval Unlocks Homeownership Dreams, Nigerians to Access 25-Year Mortgages at Low Rates The initiative, as approved by the council, is tailored to meet the urgent demand for critical infrastructure…
Tinubu, Shettima, and Top Officials to Pay for Airport Access Under New Policy
President Bola Tinubu, Vice President Kashim Shettima, and other high-ranking government officials will be required to pay access fees or obtain e-tags at all 24 federal airports across Nigeria. This…
FCTA Marks 500 Illegal Structures for Demolition in Abuja
The Federal Capital Territory Administration (FCTA) has marked 500 illegal structures for demolition, with owners given a 24-hour notice to remove their belongings. Assistant Director of the Department of Development…
Delta State Taskforce Demolishes Illegal Structures on University Land
The Delta State Taskforce on Recovery of Government Lands began the demolition of illegal structures built on lands belonging to Dennis Osadebay University, Anwai-Asaba, on Monday. The demolition followed the…
HDAN Presses for Political Will to Tackle Looming Housing Deficit Amidst Under Bridge Tenants’ Plight
The Housing Development Advocacy Network (HDAN) has appealed to the Federal Government to declare a state of emergency in the Housing Industry amidst looming housing Crisis in the country. This…
Lagos State Government Issues Ultimatum to Unregistered Estate Agents
During the 2024 Ministerial Press Briefing held recently, the Lagos State Government issued a stern warning to unregistered individuals and organizations engaged in real estate activities within the state. The…
NIESV Urges Government to Prioritize Real Estate Asset Valuation for Economic Planning
The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has expressed worry over the government's failure to determine the exact value of real estate assets across the country. Speaking at…