…Assessment should base on sound valuations – Experts
“If we as a country are serious about eradicating poverty and its side effects, we must consider redistribution of wealth through such medium as property taxation as has been done successfully in most advanced countries”.

The chairman, Senate Committee on Lands, Housing and Urban Development, Senator Bukar Abba Ibrahim has condemned recent demolitions of estates and other structures in the Federal Capital Territory, FCT and its environs by the Federal Capital Development Authority, FCDA. He has therefore called on the Government to stop further demolitions.

Former Minister of the Federal Capital Territory FCT, Mallam Nasir el-Rufai, has called on built environment professionals in the country to uphold the tenet of professionalism in their service to the nation.

The real estate sector has great potentials that can make it stand as a substitute to oil and gas as a major source of income generation to the Nigerian economy. This view was canvassed by the Chief Executive Officer, Broll Property Services Nigeria, Mrs. Erejuwa Gbadebo

The Lagos State Government has concluded plans to commence its Home Ownership Mortgage Scheme, HOMS, in the first quarter of next year.

A whopping N500 billion would be required annually for the next four years to fix Nigerian ailing roads and bring them to sync with road infrastructure development in other thriving nations in the world. This was disclosed recently by the Minister of Works, Mr. Mike Onolememen.

DOes a landlord, his agents or caretaker have the legal right to lock out a tenant who has duly paid his rent on the ground that the tenant is yet to pay the service charge on the property? This is the issue agitating the mind of a Lagos-based Pentecostal Pastor whose church in a rented building, was sealed off last week by the landlord’s agent because it (church) has not yet paid the service charge.

After a tutelage which spanned a period of eight years, Mr. Olayemi Shonubi was penultimate weekend inaugurated as the 11th Chairman of the Lagos State chapter of the Nigerian Institute of Quantity Surveyors, NIQS.

ABUJA – In view of overriding public interest, President Goodluck Ebele Jonathan has approved the immediate re-instatements of 3,645 plots that were revoked in the Federal Capital Territory.

RESIDENTS of Osodi/Isolo Local Government have demanded that the state government design a ‘Master Plan’ for the area before the enforcement of the Lagos State Physical Planning and Urban Development Law 2010.