I used to tell my madam and colleagues in the office that I have won a house in the lottery promo being organised by Home Lottery but they would not believe me, but now that the house and the keys have been presented to me, I now believed that the lottery scheme is true”.

The triple combination of the inability of the Federal Government to roll out its economic policies, huge debt owed contractors and the advent of the rainy season, have brought activities in the nation’s construction industry to a near standstill.

No fewer that 11 states in Nigeria are at risk of flooding, according to the Nigerian Hydrological Agency, NHSA. The Agency which unveiled its 2015 Annual Flood Outlook has therefore advised the concerned states to come up with effective mitigation strategies, capable of preventing flooding within their territories.

THE National President, Real Estate Developers Association of Nigeria, REDAN, Rev. Ugochuckwu Chime has appealed to President Muhammadu Buhari to develop a new housing policy which will enable the common people, (the Talakawas) who voted him into power to have their own houses.

We have heard of stock market crashes and banks going bankrupt. Although real estate values often fall, it is not usually a very bad situation. In fact, even when property values fall, you would still earn rent income from the property. On the other hand, real estate is physical and tangible compared to stocks, bonds and many other intangible forms of investment. Both in times of high inflation, economic boom and bust, real estate investments remain robust and will most likely continue to earn you income. Very few other investment options can do the same.