Despite the harsh economic climate sweeping across the nation due to the fall in oil prices, devaluation of the naira, capital flight, inconsistency in government policies and unemployment, the Managing Director of Propertygate Development & Investment Plc, Mr. Adetokunbo Ajayi has predicted that 2016 will be a prosperous year for the real estate sub-sector of the economy.

The new British American Tobacco Nigeria, BATN office complex located at No 2, Olumegbon Street, off Alfred Rewane Road, Ikoyi, Lagos meets all the basic considerations in a checklist for a modern-day office space. The building boasts of first-class technology that guarantees optimum conduciveness for staff and other occupants.

A STAKEHOLDERS’ meeting on the rehabilitation of strategic roads in Epe Local Government Area, was last week convened to address all grey areas preparatory to the flag-off of massive roads expansion and rehabilitation by the Lagos State Government in the council area.

Thirty-three years after Alhaji Shehu Shagari and Lateef Jakande were ousted from office in a military coup led by incumbent President Muhammadu Buhari, the Federal Government may have decided to take a fresh look at the housing models adopted by the duo while they were in office.

AGAINST the backdrop of a very difficult year in which the construction industry witnessed several abandoned or uncompleted projects, job losses and huge debts owed contractors for projects already completed, built environment experts have called on the Federal Government to pump enough money into the fledging sector in view of its multiplier effect on other sectors.

Gripped by fear of armed thugs allegedly led by Ojo Barber and Ajagungbade Families, residents of Peace Estate in Ilamoshe area of Ejigbo, Lagos have called on Lagos State government to urgently intervene in order to avert breakdown of law and order in the area.

AGAINST the backdrop of theface-off between the management and residents of 1004 Estate in Victoria Island, Lagos, the estate’s facility manager, Messrs 1004 Estate Limited has vowed not tolerate any semblance of hostility or thuggery in the highbrow residential estate.

Residents of Amuwo-Odofin and Festac Town have frowned at the emergence of a slum in the middle-income neighbourhood.

MANAGING Director of Buildcon Global Services, Mrs Bukola Gazama has called on the government to make the National Housing Scheme, NHS loan more accessible as this would help in bridging the housing deficit in the country.

A Potpourri of reactions has continued to trail the proposed re-introduction of toll gates on Federal highways across the country. While built environment experts welcomed the reintroduction because tolling is a universally accepted procurement standard for the maintenance of roads infrastructure, labour unions opposed the move because in the past, proceeds from toll collection were never effectively deployed for the maintenance of roads.