Homes & Property

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FMBN woos Ekiti back to NHF scheme

FMBN woos Ekiti back to NHF scheme

Federal Mortgage Bank of Nigeria (FMBN) is wooing Ekiti State government to return to the National Housing Fund (NHF) scheme, fourteen years after it pulled out. The state pulled out from the scheme in 1999 due to some misunderstandings and misconceptions about the scheme.

Residents of distressed buildings defy Fashola’s quit order

Residents of distressed buildings defy Fashola’s quit order

•Blame over-zealous officers for marking of houses •We’ll seal the houses — Govt…
Residents of Oloto and Herbert Macaulay Streets, Ebute Meta, Yaba Local Council Development Area, LCDA have defied the state government order to vacate the 30 buildings marked as distressed.

FG not committed to recapitalising FMBN – REDAN

FG not committed to recapitalising FMBN – REDAN

STAKEHOLDERS in the housing industry alleged last week that promises by the Federal Government to provide affordable housing for the citizens could not be fulfilled because of lack of commitment to recapitalizing the Federal Mortgage Bank of Nigeria, FMBN.

Phase 1 of N4bn Goodluck Estate ready with 228 units

Phase 1 of N4bn Goodluck Estate ready with 228 units

The first phase of Goodluck Estate comprising 228 3-bedroom units has been completed and ready for commissioning. The housing estate which is exclusively residential, is nestled in a very secure and highly accessible part of Idimu in Alimosho area of Lagos metropolis.

Lagos Assembly tackles Omo-Oniles, proposes 3-yr jail term

Lagos Assembly tackles Omo-Oniles, proposes 3-yr jail term

Hard times awaits those called Omo-Onile and Ajagungbale as the Lagos State House of Assembly has proposed a three-year jail term for any person or group of people who engage in forcible entry and occupation of landed properties in the state.

Badia Demolition: Compensation will be paid – Lagos govt

Badia Demolition: Compensation will be paid – Lagos govt

THE Lagos State Government has said that it can pay compensation to the displaced people of Badia East, referred to as Oke Ilu Eri in Apapa-Iganmu Local Council Development Area only on compassionate grounds. This, according to the state government, is because structures demolished in the area were mere shanties that cannot be valued.

Consultations begin on structured plans for Osun 9 cities

Consultations begin on structured plans for Osun 9 cities

Different stakeholder groups comprising community associations, trade groups and government officials will from today, flag off the validation of Urban Profiles prepared in nine cities in Osun State, under a N100 million Structure Plans Project funded by the state government in partnership with the United Nations Human Settlements Programme, UN Habitat.

Firm flags off N2 billion Abuja Maccido Royal Estate 11

Firm flags off N2 billion Abuja Maccido Royal Estate 11

An indigenous developer, Messrs Nekonini Business and Properties Limited, has concluded plans to flag off the construction of the second phase of Maccido Royal Estate, located at the Galadimwa District of the Federal Capital Territory, FCT, Abuja.

Environmental degradation: Experts urge FG, others to embrace polymer production

Environmental degradation: Experts urge FG, others to embrace polymer production

Against the backdrop of the persisting problem of environmental degradation caused by non-biodegradable materials used for food packaging, the Federal Government and operators in the oil and gas sub-sector have been urged to take advantage of the abundant polymer materials in the country to produce products that are environmentally friendly.

Stakeholders decry poor handling of ecological funds

Stakeholders decry poor handling of ecological funds

For the umpteenth time, the issue of environmental degradation with particular reference to the scourge of climate change, took the front burner at an African Environmental Action Summit in Lagos. The summit was organised by The Green Afrique Network.

Oshodi Recreational Park: A haven for area boys

Oshodi Recreational Park: A haven for area boys

…It’s not true — Operator
THE notoriety synonymous with Oshodi and environs is gradually returning, as street urchins and social miscreants, popularly known as “Area Boys,” have returned en-masse, terrorizing and robbing passers-by and fund seekers at the recreation park, opposite the Lagos State Traffic Management Authority, LASTMA, headquarters.