By Olayinka Ajayi The Lagos State Government has urged Lagosians to key into the proposed Lagos monthly rental policy initiated set to kick off in 2022. Speaking at the 2nd Lagos Real Estate Marketplace conference and exhibitions, tagged: “Lagos 21st century real estate investment hub” organised by the Lagos State Real Estate Regulatory Authority, LASERA, Special Adviser to the Lagos […]

Governor Babajide Sanwo-Olu of Lagos State on Tuesday said that he would fish out and be ruthless with government officials frustrating his efforts on housing development. Sanwo-Olu gave the warning at the opening of the 2nd Lagos Real Estate Market Place Conference and Exhibitions in Lagos, with the theme: Lagos: 21st Century Real Estate Investment […]

Though the building and construction industry in Nigeria has, over the years, enjoyed enormous interest from the public who, most of the time, have committed sizeable resources to patronize its operators, the industry has also seen occasional incidents that put public trust and confidence to task.

The Federal Government has launched portal for the sale of houses completed under its National Housing Programme, NHP. Minister of Works and Housing, Babatunde Raji Fashola, made the disclosure at the unveiling ceremony of the portal held at the Ministry’s headquarters in Abuja. He explained that the portal was opened in all the 34 states […]

By Kingsley Adegboye Construction professionals have expressed worry over the low performance and contribution of the sector to economic growth of the nation despite huge profits being recorded by cement sub-sector of the economy. Reacting to the low performance of the construction industry, Managing Director of a renowned construction firm in Nigeria, Dutum Construction Company […]

By James Ogunnaike – Abeokuta Ogun State Governor, Prince Dapo Abiodun on Monday said his administration would not hesitate to prosecute any official of the state government or contractor indicted for compromising standards in erecting structures that threaten life and property. Abiodun added that if such official or contractor is found guilty of compromising safety […]

By Olasunkanmi Akoni Lagos State Government has sealed at least 67 commercial and residential buildings, as well as structures in Alimosho Local Government Area of the state over contraventions of planning laws. Officials of the Lagos State Physical Planning Permit Authority, LASPPPA, sealed off the structures during a recent enforcement exercise carried out by the […]

By Olasunkanmi Akoni Lagos State Governor, Babajide Sanwo-Olu, has ordered indefinite suspension of the General Manager of the Lagos State Building Control Agency, LASBCA, Mr Gbolahan Oki, an architect.  The suspension followed the collapse of a 21-storey building at Gerrard Road, Ikoyi on Monday, in which over 15 persons have been confirmed dead and several others […]

By Kingsley Adegboye with Agency report The United Nations Environment Programme (UNEP), with support from the European Union (EU), has launched a new observatory to drive action on reducing methane emissions, a powerful greenhouse gas responsible for at least a quarter of the current climate warming. The International Methane Emissions Observatory, IMEO, was launched at […]

Mr Batholomew Egbochie is the Group MD of ATCO Group and CEO of ATCO Homes, a real estate firm, with sprawling properties in the Lekki, Epe and Ibeju-Lekki axis of Lagos. He speaks about the development in the sector, the opportunities in Ibeju-Lekki and the firm’s real estate investment portfolios. Q.According to data released by […]