PROPERTY & ENVIRONMENT

The Lagos State Government on Friday began the demolition of marked dilapidated buildings in Lagos Island in Lagos few days after the building collapse that killed about 14 persons  on Lagos Island in Lagos. The state government had earlier earmarked about 140 building for demolition on Lagos Island. 29 of...

  The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to transfer its abandoned property in Lagos to the state government or lease them to the private sector. The President of LCCI, Mr Babatunde Ruwase, made the plea in an interview with the Newsmen in Lagos...

Homework Development and Properties Limited has shown a strong commitment in resolving the housing deficit in Nigeria through affordable mini estates of one, two and three bedroom apartments which feature innovative architectural designs. Director of Homework Development and Properties Limited, Mr. Jide Adekola, whose firm participated at the two-day West...

The Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, has stated that tollgates would be reintroduced on the highways across the country at 38 points, adding that a software would be used to monitor movement of vehicles at the tollgates. Fashola made this known on Thursday during an...

  The Federal Executive Council (FEC) on Thursday approved a tax relief scheme to attract private sector involvement in the provision of Federal road infrastructure across the entire country. The approval was the outcome of a Memorandum for the setting up of a Road Trust Fund (RTF) presented by the...

The management of Odu’a Investments Limited has ventured into real estate business even as it commissioned a N500 million residential estate in Ibadan on Tuesday. The estate called “Ace Estate” sited on a 4,400 square metre land in Jericho Government Reserved Area (GRA) of Ibadan comprises seven detached duplexes and...

The President/Chief Executive of the Africa Finance Corporation (AFC), Mr. Andrew Alli and other leading experts in the financial sector are expected to proffer solution to the challenges of infrastructure financing in the country, at the 2017 annual conference of the Finance Correspondents Association of Nigeria (FICAN). Others expected at...

The Minister of Power Works and Housing, Mr Babatunde Fashola (SAN), has directed the Federal Controllers of Works in Delta and Edo States respectively to mobilise contractors to immediately effect repairs on the bad portions of the Asaba -Onitsha Road. This was contained in a press statement on Monday by...

Former Surveyor-General of the Federation, Prof. Peter Nwilo, has urged the Lagos State Government to stop construction and all sand filling works around Lagoon and waterfronts. Nwilo gave the advice in an interview with the newsmen in Lagos on Monday. He was reacting to the massive flooding in the state,...

The Nigerian Institute of Quantity Surveyors (NIQS) has said that the Federal Government of Nigerian needs N3 trillion annually to fix the infrastructural deficit across the country. The association in a communiqué signed by its president, Mercy Iyortyer, noted that the demand for construction projects is high while the capital...