Fifteen years after its creation, the Federal Government last week, formally handed over the site for the construction of the N2.5bn Federal Secretariat in Bayelsa State to an indigenous construction firm, Trenur Nigeria Limited.

Against the backdrop of over 16 million housing units required to provide decent shelter for homeless Nigerians, the President of the Nigerian Institution of Estate Surveyors & Valuers, NIESV, Mr. Bode Adediji has called for the establishment of a virile, sustainable and non-elitist mortgage system in the country.

The battle between the Real Estate Developers Association of Nigeria, REDAN and Development Control Agency of the Federal Capital Territory Authority , FCTA over the demolition of some estates built by REDAN members, has been resolved with both parties agreeing to stop further demolitions of built-up estates in Abuja.

A Lagos-based property development firm, Messrs Omais Investment Nigeria limited, last week turned the sod to flag off the construction of a three-storey state-of-the art shopping complex in ikeja, the Lagos State capital.

Worried by the spate of buildings collapse which many have attributed to poor planning, the Lagos State Government has announced its intention to commence the implementation of the Urban and Regional Planning and Development Law of 2010 next year.