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Relocate now, Lagos advises residents of low-lying areas

Relocate now, Lagos advises residents of low-lying areas

Following vulnerability which residents in low-lying or flood prone areas of Lagos face during rainy seasons, the Lagos State Government at the weekend advised them to start thinking of alternative accommodation.

Court re-affirms Oshukwu Iyombo family as owners of Araromi Ale Kingdom

Court re-affirms Oshukwu Iyombo family as owners of Araromi Ale Kingdom

With the recent landmark judgment vesting the ownership of vast hectares of land at Araromi-Ale Kingdom, in Badagry Local Government area of Lagos State in Oshukwu-Iyombo family, the head of the family, Chief Ibikunle Oshukwu, has allayed fears of an imminent unrest in the area.

3rd Mainland Bridge: FG engages consultant to determine required maintenance

3rd Mainland Bridge: FG engages consultant to determine required maintenance

To safeguard the integrity of the Third Mainland Bridge in Lagos, the Federal Ministry of Works says it has engaged the services of a consultant – M/s ICECON Nig. Ltd; to urgently carry out investigation on the entire bridge’s substructure so as to determine the extent of maintenance work required.

Housing sector can’t develop without mortgages – NIESV

Housing sector can’t develop without mortgages – NIESV

There is no way the housing sector can develop without mortgages. And there is no way the mortgage sector can develop without a reform of the land tenure system because ultimately, those who give you mortgages must rely on something as a collateral and the most important thing they can rely upon is land”. This view was canvassed by the President of the Nigerian Institution of Estate Surveyors and Valuers, NIESV, Mr. Emeka Eleh at an interactive session with newsmen last week.

REITS will boost real estate sector- Stakeholders

REITS will boost real estate sector- Stakeholders

The Nigerian real estate market will experience exponential growth through the inflow of capital from both local and offshore investors if the Real Estate Investment Trust, REIT structure is encouraged to thrive. This view was canvassed by stakeholders at a recent round table put together by Stanbic IBTC Capital, in partnership with Actis and Resilient Africa.

Nigerian engineers okay big steel pipes

Nigerian engineers okay big steel pipes

More prospective architects and steel structural engineers in Nigeria have adopted welded steel pipes for its cost saving benefits in construction projects in the country. The Managing Director of Nigeria Gas and Steel Ltd (NGSL), Hasib Moukarim revealed this in a press statement made available to news men in Lagos.

What is the state of the Third Mainland  Bridge?

What is the state of the Third Mainland Bridge?

FOR users of the Third Mainland Bridge, fresh concerns over the bridge’s health have emerged beyond the repairs conducted between July 7 and October 30, 2012 by the Federal Ministry of Works

How politics stalled 2nd Niger Bridge, 21 years after it was designed

How politics stalled 2nd Niger Bridge, 21 years after it was designed

The House passed a motion sponsored by Mr. Ezenwa Onyewuchi, representing Owerri Federal Constituency of Imo State, which observed that the current River Niger bridge which was built in 1965, is at the brink of caving in. In passing the motion, the House urged the Federal Government to engage the services of a competent contractor to commence the construction of a second Niger bridge to support the one presently in use.