The Federal Government has launched the Renewed Hope Cities and Estates portal to give Nigerians, both home and abroad, access to housing. Managed by the Federal Ministry of Housing and Urban Development, the Renewed Hope platform is a state-of-the-art web portal designed to enhance the delivery of the Renewed Hope Estates and Cities Initiative of the current administration. At the …

A part of Landmark Beach on Victoria Island, Lagos on Monday was demolished to give way to the Lagos-Calabar Coastal Highway, Nigeria’s biggest public infrastructure project. This is despite the outcry in some sections about the potential jobs and means of livelihood that will be lost. Defending the demolition, the Minister of Works, Senator Dave Umahi noted that the move …

Nigeria will host the 2025 IFMA Global Africa Conference. According to the Managing Director of International Facility Management Association (IFMA) Europe, Middle East and Africa (EMEA), Lara Paemen, who recently visited the IFMA Nigeria chapter secretariat in Lagos, the development underscores Nigeria’s growing importance in the international facility management landscape. The prestigious event will bring together industry leaders from across …

Lagos State Government on Tuesday read the riot act to those flouting extant laws regulating building in the State, saying anyone who goes to site and starts construction without a revalidated authorisation by the Lagos State Building Control Agency (LASBCA) would be brought to book. The decision of the state government was made known on Tuesday by the Special Adviser …

Lagos State Government and the Federal Housing Authority (FHA) have promised to synergise and collaborate to provide affordable housing for Lagos residents and Nigerians in the Diaspora. The promise was made on Saturday by the Lagos State Governor, Mr. Babajide Sanwo-Olu and the Managing Director/Chief Executive Officer of the Federal Housing Authority, Hon. Oyetunde Ojo, during a courtesy visit by …

President Bola Tinubu, on Thursday, performed the groundbreaking of the 3,112 housing-unit Renewed Hope City in Karsana, Abuja, and reiterated his administration’s resolve to provide decent and affordable housing for Nigerians. The project is a part of 20,000 housing units to be delivered in the Federal Capital Territory under a Public Private Partnership Arrangement being implemented by the Federal Ministry …

Acada Arcade Shopping Complex, LASU-Ojo, a leading player in the real estate industry, has announced a significant upward review of its space prices. The new pricing structure reflects the company’s commitment to providing valuable investment opportunities for its clients. Effective immediately, the ground floor spaces are priced at ₦720,000 per square metre, while the first floor spaces are now available …

Introduction Amidst the myriad of problems facing Nigeria, housing stands out. According to the Central Bank of Nigeria, in 2019, only 10 per cent of Nigerians who desire to own a home can afford it, compared to 72 per cent in the United States and 78 per cent in the United Kingdom. This estimate is inadequate for the size of …

Residents of the Magodo GRA Phase II Estate in Lagos on Thursday sent a Save-Our-Souls-and-Properties message to Governor Babajide Sanwo-Olu, following the alleged invasion of the estate and threat to residents’ safety and security due to incessant forceful access by unauthorised persons to the wetlands around the estate. The residents disclosed that land speculators and developers, reportedly aided by top …

Worried about the high spate of issues bedevilling the built environment in Nigeria and the need for standardisation of industry practice, the International Facility Managers Association (IFMA), Nigeria chapter, has called for collaboration amongst stakeholders in the construction industry to create a better living environment for Nigerians. At the fourth Facility Management Advocacy Day recently in Lagos, President of IFMA …