Real estate experts have decried the dearth of data to make informed decision in the sector, even as they urged government and other stakeholders to focus more on the sector, considering the worrisome crash in oil price at the global market.

In its efforts to rid the state of illegal structures, Lagos State Building Control Agency (LASBCA), at the weekend carried out the demolition of controversial building at Mende in Maryland area of Lagos metropolis under the supervision of LASBCA’s General Manager, Mr. Sola Adeigbe.

To ensure a sustainable built environment and enhance national development, the Nigerian Institute of Quantity Surveyors (NIQS), has canvassed a ‘marriage’ between research works by quantity surveyors (QS) in academia and those of their counterparts in practice.

The Federal Government is developing a blueprint to reduce cost of housing delivery in the country by 30 percent. Permanent Secretary, Ministry of Lands, Housing and Urban Development, Mr. George Ossi, disclosed this in a statement, signed by the Ministry’s Director of Public Affairs, Mr. Ajibola Adedeji. He said the intervention would be carried out through the provision of land, infrastructure, and payment of compensation to land owners. He noted that the overall effect of the government’s plan is reduction of the nation’s 17 million housing deficit.

The construction of the multi-billion Naira Heartland Gateway International Market at Mgbidi, Oru East Local Government Area of Imo State, received a major boost last week when traders at the popular Computer Village, Ikeja Lagos signed an Off-Take Agreement for the purchase of 2,500 lock-up shops in the market with Messrs Graceland Channels Limited, the concessionaire and developers of the market.