Homes & Property

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Estate surveyors demand special housing intervention fund

Estate surveyors demand special housing intervention fund

Worried by the growing rate of homelessness in the country, the Nigerian Institution of Estate Surveyors and Valuers NIESV, has called on the Federal Government to create a housing intervention fund to reduce the housing shortfall estimated at over 16 million units.

Federal Roads Authority may replace FERMA

Federal Roads Authority may replace FERMA

The Federal Government may soon present a Federal Roads Authority Bill to the National Assembly for consideration and passage into law. The Roads Authority which would be a semi-autonomous road agency, would be responsible for the efficient construction, maintenance and rehabilitation of Federal roads in the country.

Mimiko lauds role of architects in Ondo urban renewal programmes

Mimiko lauds role of architects in Ondo urban renewal programmes

The Governor of Ondo State, Dr. Olusegun Mimiko said he deliberately engaged professional architects in his efforts to beautify the state capital because of their (architects) eyes for aesthetics and in order to help correct the disorderliness that once characterised the city.

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.