Saturday January 31st, 2015
Saturday January 31st, 2015
Latest

FG set to commission Kashimbila multipurpose dam in February

  /   in Homes & Property 12:59 am   /   Comments

Gurara-dam

In its efforts to maximise opportunities such as potable water supply, agriculture, power, tourism, aviation, transport as well as trade & investment in the Kashimbila Multipurpose Dam for the benefit of the host communities and the country at large, the federal government is set to commission the Dam next month.

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Obe-Agenebode road to Auchi, disaster waiting to happen—State government shifts blames

  /   in Homes & Property   /   Comments

•One of the bad portions of Obe-Agenebode road

Agenebode, the capital of Etsako East Local Government Area, a town at the bedside of River Niger, reputed for the number of prominent Nigerians it has produced and where the 195 Battalion of the Nigerian Army is located, is about to be cut off from its kilt and kins.

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Building collapse: BCPG seeks police collaboration to tackle menace

  /   in Homes & Property   /   Comments

building-collapse2

To stem unending incidents of building collapse across Lagos State, members of the Building Collapse and Prevention Guild (BCPG), a voluntary organisation made of built environment professionals with the mandate to prevent buildings from collapsing, has decided to seek police collaboration in its quest to tackle the menace.

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Housing market in UK creeps up in ‘new year bounce’

  /   in Homes & Property   /   Comments

Mortgage2

Cost of property increased by £3,798 compared with December, despite January usually being month when asking prices fall. The average asking price for a property on the market this month is £273,275, 8.2 per cent higher than last year. The housing market is showing signs of a “new year bounce” in activity, with new sellers increasing asking prices by an average of nearly £4,000 in January, property search website Rightmove has reported.

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Communities seek govt’s intervention over flooding

  /   in Homes & Property 5:56 pm   /   Comments

By Kingsley Adegboye The residents of Abule Oki and eight other adjoining communities in Agbado-Oke-Odo Local Council Development Area of Lagos state have appealed to the state government to complete the dredging and concrete lining of the Aboru canal. According to them, the completion of the concrete lining of the Arigbanla canal has exposed, and

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Affordable housing: Fashola unveils CHOIS City Estate in Agbowa

  /   in Homes & Property 12:22 am   /   Comments

Housing-pix

The Lagos State Governor, Babatunde Raji Fashola has commissioned the CHOIS City residential estate in Agbowa-Ikosi in Ikosi-Erjirin Local Council Development Area of Lagos state.

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Eko Atlantic City: Developers say infrastructure development is a priority

  /   in Homes & Property   /   Comments

Housing-pix-1a

Messrs South Energyx Nigeria Limited, developers of the multi-billion naira Eko Atlantic City, Victoria Island, Lagos have noted that infrastructure development in the sprawling city such as roads, drainage, power supply and transportation system is a matter so that there would be connection within the city when the construction of the entire ultra modern city is completed.

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Developer unfolds plans to complete Oregun Estate

  /   in Homes & Property   /   Comments

By Kingsley Adegboye Cornerstone Real Estate Ltd (COREL), one of the pioneer real estate development firms in Nigeria which commenced business 27 years ago has unfolded plans to complete the phase 2 of its five-acre residential estate located at the Ikeja end of Oregun Road and that the incentives will be open to early subscribers

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Stakeholders give recipe for affordable housing

  /   in Homes & Property 1:25 am   /   Comments

File photo: The  floor of Stock exchange

For affordable housing to become a reality in Nigeria, the Federal and State governments should embrace the public private partnership, PPP approach and make conscious efforts to eliminate all impediments to housing delivery in the country.

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LAWMA boss seeks stakeholders’ collaboration in waste management

  /   in Homes & Property   /   Comments

Vestiges of poverty, feeding from the waste dump

The Managing Director of Lagos Waste Management Authority, LAWMA, Mr Ola Oresanya has called for collaboration between stakeholders, private investors and the academia to sustain the tempo of waste management in the country.

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Government has no business in business — Nubi

  /   in Homes & Property   /   Comments

Nubi-pix-1

Professor Timothy Olugbenga Nubi teaches Estate Management at the University of Lagos, Akoka. A former Head, of Estate Management Department in the university, Prof Nubi is also the founder Ideal Habitat, an NGO. Prof Nubi was the lead speaker at a the second National Mandatory Continuing Professional Development Seminar, NMCPD organised by the Nigerian Institution of Estate Surveyors and Valuers, NIESV. In Lagos last month. He spoke to JUDE NJOKU on why PPP is the best approach to projects delivery in present day Nigeria.

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Ikorodu-Mile 12 BRT extension for completion in 1st quarter of 2015

  /   in Homes & Property   /   Comments

Ajidun-Ikorodu

The 13.5 kilometre Mile 12 to Ikorodu Bus Rapid Transit, BRT extension project which has reached 90 percent completion, will be delivered before the end of the first quarter of 2015. When completed, the project will have the capacity to move more than 300,000 passengers daily. This was disclosed to newsmen by the Managing Director of the Lagos Metropolitan Transport Authority, LAMATA, Dr. Dayo Mobereola.

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Lagos Permanent Secretary fingered in illegal construction at LSDPC Estate

  /   in Homes & Property   /   Comments

building

Residents of 14, Bodunrin Caulcrick Road, a compound located within the LSDPC Phase I Estate, Ogba, Ikeja, Lagos State, have cried out over what they described as usurpation and encroachment on supportive space meant to ease lives in their portion of the estate.

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N600m Trinity Mall opens for business in Ikeja

  /   in Homes & Property 2:08 am   /   Comments

Trinity-pix

Trinity Mall located along the ever-busy Awolowo Way in Ikeja, the Lagos State capital, has officially opened for business. The three-storey shopping complex constructed with about N600 million, is the flagship commercial project of OMAIS Investment Limited, a Lagos-based real estate development company. The construction of the mall comprising 40 shop spaces of various types, was formally flagged-off on December 13, 2011.

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Labour union unveils plans to build N400bn public servants estate in FCT

  /   in Homes & Property   /   Comments

HousingaPOS

The Nigeria Civil Service Union (Federal Council) has unveiled plans to build over 600 affordable housing units to address the problem of accommodation faced by workers in the nation’s capital.

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Why uncompleted projects dot the nation’s landscape — Shonubi

  /   in Homes & Property   /   Comments

QS-pix

The immediate past Chairman of the Lagos State chapter of the Nigerian Institute of Quantity Surveyors, NIQS, Mr. Olayemi Shonubi has attributed the high cost of procuring civil and heavy engineering projects in Nigeria to the non-utilisation of quantity surveyors who by training are equipped to give value for money on all construction projects.

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LCBC member countries set to implement 91m euro investment plan

  /   in Homes & Property   /   Comments

naira-Dollar

As part of efforts to tackle the challenges confronting the operations of the Lake Chad Basin Commission, LCBC, the Executive Secretary of the Commission, Mr Sanusi Imran Abdullahi, an engineer, has unveiled plans to implement a five-year investment plan, expected to gulp about 91,000,000 Euros.

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Court restrains LSBC, others from further demolition of Lagos property

  /   in Homes & Property   /   Comments

A Lagos High Court sitting in Igbosere has restrained the Lagos State government from further demolition and dismantling of a property located at plot 49, Martins, street, Lagos by the agents of the Lagos State Building Control Agency, LSBCA.

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Stakeholders endorse Anambra’s multi-city devt plan

  /   in Homes & Property   /   Comments

The move by the Anambra State Governor, Chief Willie Obiano to embark on the construction of multi-city projects in Awka Capital Territory, has been endorsed by royal fathers and the chairmen of the various local government areas that make up the area. The endorsement came when the Awka Capital Territory Development Board, ACTDB led by Mr.Chika Egwuatu, an architect, undertook a familiarization tour of the area.

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FG seals $80m Abuja housing scheme deal

  /   in Homes & Property 9:09 am   /   Comments

Emrald-house

The Federal Ministry of Lands, Housing and Urban Development has signed a memorandum of understanding (MOU) with a Dubai-based private developer, Signature Value Homes Limited, for the development of affordable mass housing scheme in Abuja worth over $80 million.

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Quantity Surveyors decry high cost of engineering projects

  /   in Homes & Property 12:25 am   /   Comments

building

The immediate past Chairman of the Lagos State chapter of the Nigerian Institute of Quantity Surveyors, NIQS, Mr. Olayemi Shonubi has attributed the high cost of procuring civil and heavy engineering projects in Nigeria to the non-utilisation of quantity surveyors who by training are equipped to give value for money on all construction projects. He also blamed the plethora of uncompleted or abandoned projects in the country on the inability of the government and relevant agencies to use the services of construction cost experts.

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Festival Mall, Residences reshape Amuwo-Odofin skyline

  /   in Homes & Property   /   Comments

Festival Mall in Amuwo-Odofin, Lagos

When UACN Property Development Company, UPDC PLC acquired the former Durbar hotel in 2002 under the privatisation programme of the Federal Government, the company’s goal according to the Group Managing Director of UAC Plc, Mr Larry Ettah, was to turn the run-down hotel into a tourist destination that will reshape the entire landscape of Amuwo-Odofin.

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Court restrains LSBC, others from further demolition of Lagos property

  /   in Homes & Property   /   Comments

Gov. Fashola

A Lagos High Court sitting at Igbosere has restrained the Lagos State government from further demolition and dismantling of a property located at plot 49, Martins, street, Lagos by the agents of the Lagos State Building Control Agency, LSBCA.

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FG, Dubai developer sign $80 million MoU to deliver affordable housing

  /   in Homes & Property   /   Comments

Lands, Housing and Urban Development Minister exchanges greetings with Mr Anand Ramani of Signature Value Homes, while FCT Minister of State, Mrs Olajumoke Akinjide and others look on.

The nation’s housing sector which is grappling with an estimated deficit of 17 million housing units, received a major boost last week, following the signing of an $80 million (US Dollar) agreement between the Federal Government and a Dubai, United Arab Emirates company to develop affordable housing in the Federal Capital Territory, FCT Abuja.

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FG targets 100,000 units under workers’ housing scheme

  /   in Homes & Property   /   Comments

Gooluck Jonathan Estate in Abuja. (Credit Channels)

The Federal Government plans to deliver a minimum of 100,000 housing units under the Nationwide Workers’ Housing Scheme which was flagged off last week by President Goodluck Jonathan at Apo Tafiya in the Asokoro area of the Federal Capital Territory, FCT, Abuja.

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Eko Atlantic lights up Victoria Island landscape

  /   in Homes & Property 9:26 pm   /   Comments

Eko-Atlantic-City

The new Eko Atlantic cityscape off the coast of Lagos, has begun to take shape. The first residential and commercial tower blocks under construction can now be seen clearly in the light of day from Ahmadu Bello Way on Victoria Island and the Marina on Lagos Island.

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UPDC’s Cameron Green redefines architectural landscape of Ikoyi

  /   in Homes & Property 12:25 am   /   Comments

Newly Bridge, During the Commissioning of Lekki-Ikoyi Link Bridge to Commemorate Democracy day in Lagos. Photo: Bunmi Azeez

Amidst pomp and pageantry, Nigeria’s leading real estate development and property company, Messrs UACN Property Development Company, UPDC Plc, last week, celebrated the completion of its multi-million Naira Cameron Green Estate located in the highbrow Ikoyi area of Lagos.

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FG repositions FHA, inaugurates new boards for the agency

  /   in Homes & Property   /   Comments

housing

By Caleb Ayansina THE Federal Government weekend, inaugurated the Technical Board, TB and Interim Management Board, IMT, of the Federal Housing Authority, FHA, with a charge to turn around the dwindling fortunes of the authority in the next 18 months. The Government said it is dissatisfied with the performance of the agency which has failed

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Quantity Surveyors decry high cost of engineering projects

  /   in Homes & Property   /   Comments

naira money

The immediate past Chairman of the Lagos State chapter of the Nigerian Institute of Quantity Surveyors, NIQS, Mr. Olayemi Shonubi has attributed the high cost of procuring civil and heavy engineering projects in Nigeria to the non-utilisation of quantity surveyors who by training are equipped to give value for money on all construction projects. He also blamed the plethora of uncompleted or abandoned projects in the country on the inability of the government and relevant agencies to use the services of construction cost experts.

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Latest

Lagos, US firm boost state fire service with multi-million dollars equipment

  /   in Homes & Property   /   Comments

*Engulfed building

In a bid to stem the rising rate of inferno in Lagos metropolis, the Lagos state government has boosted its fire service with state-of-the-art equipment worth several million dollars.

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Experts task architects to raise the bar of their practice

  /   in Homes & Property   /   Comments

architect

Nigerian architects were last week, tasked to raise their game in order to be more competitive and yet deliver more value to their clients. The charge was given at the second annual ATO lecture in Lagos, by the Principal Partner, ATO Architects, Arc. Ayoola Onajide.

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SRBN inducts 263 quantity surveyors, 34 firms

  /   in Homes & Property   /   Comments

Jakande-housing

Minister of Lands, Housing and Urban Development, Mrs Akon Eyakenyi has enjoined quantity surveyors to collaborate with other professional in the built environment to take full advantage of ongoing reforms in housing and other sectors of the economy

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