The General Manager, Independent Power Projects, Lafarge Holcin, Mr. Lanre Opakunle, has called for collaboration among stakeholders, professional bodies, especially the Nigerian Society of Engineers (NSE), Institute of Quantity Surveyors, and others to support the Build Safe, Live Safe campaign. He made this known at a media parley designed to educate…
High interest rates charged by banks on mortgage and  real estate  have continued to hamper the delivery of affordable housing in the country, further compounding the nation’s housing deficit, estimated to be about 17 million units. Records show that interest rates charged by banks on real estate/construction, and mortgages range between…
Convinced of the positive impacts urban renewal scheme would have on the state and the entire real estate sector, Lagos state government has expressed its determination to ensure the Lagos Island Central Business District (CBD) and environs are fully regenerated. The state has also pledged to upgrade infrastructure in semi-urban…
Following public outcry on the conditions of some roads in the state, the Lagos Government has announced September deadline for the completion of roads under rehabilitation in the metropolis. The roads that would be completed by the end of September include Oke-Afa-Ikotun Egbe, Regina Mondi, Mushin, Brown Street, Oshodi, Naval…
Miffed by the incessant faceoff between property owners and government officials over land issues, some communities in Lagos have appealed to the State Governor, Mr. Akinwunmi Ambode to wade into controversy surrounding some landed property acquired by the state. In the last five years, not less than 10 cases of…
The Permanent Secretary, Ministry of Lands, Housing and Urban Development, Mr. George Ossi, monday said government is developing a blueprint to reduce the cost of housing delivery by 30 per cent. The disclosure was contained in a statement, signed by the Ministry’s Director of Public Affairs, Mr. Ajibola Adedeji, in…
Engineers have urged President Muhammadu Buhari to work towards reducing Nigeria’s dependence on imported products. This, they said, had made the country a consuming nation and dragged down its economy, stressing that Nigeria was still struggling to export finished products. The President, Nigerian Society of Engineers, Maitama District Branch, Abuja,…
Commitment from the government and all stakeholders will make more impacts on the real estate sector of the economy, which at the moment is performing far lower than its inherent potentials, capable of propelling the country’s Gross Domestic Product (GDP). In a forecast of the real estate sector, the Managing…
Among options proffered is the need to seek assistance of the federal government, through the intervention of the national assembly, to grant Lagos a special status, with the corresponding budget. Second, it was suggested that Lagos should redefine its private public partnership (PPP), policy in a way that investors would…