Latest Real Estate News in Nigeria
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Housing Ministry Launches Skills Audit After Retiring 1,600 Staff in 18 Months
Housing Ministry Launches Skills Audit After Retiring 1,600 Staff in 18 Months
Lagos State Government Reaffirms Commitment to Fair Compensation for Owners of Demolished Properties
The Lagos State Government has announced that property owners whose buildings are demolished for being located on the right of way will receive compensation provided the structures were built with valid planning permits.
Cross River State House of Assembly Moves to Regulate Rent, Tackle Exploitative Housing Practices
Cross River lawmakers move to regulate rent and curb exploitative housing practices as residents face surging accommodation costs in Calabar.
NIESV Advocates Reforms to Strengthen Ethics and Restore Trust in Nigeria’s Real Estate Sector
Real estate professionals have called for comprehensive reforms to rebuild public confidence, enhance ethical standards, and align Nigeria’s property market with international best practices.
Lagos Secures 4,000 Hectares for Ibeju-Lekki Airport as NCAA Reaffirms Support
The Lagos State Government has secured 4,000 hectares for the Ibeju-Lekki Airport project. The Nigeria Civil Aviation Authority (NCAA) has reaffirmed support, urging compliance with regulatory and safety standards before construction begins.
Lagos State Government Denies Involvement in FESTAC Demolitions, Reaffirms Commitment to Due Process
The Lagos State Government has denied involvement in the recent demolition of properties in FESTAC Town, clarifying that it neither authorised nor supervised the operation, which has drawn public criticism and confusion.
Lagos State Government Demolishes 39 Illegal Buildings in Ikota Estate to Tackle Flooding and Setback Violations
The Lagos State Government has commenced the demolition of 39 buildings in Ikota Estate, Eti-Osa Local Government Area, following the expiration of a quit notice issued to property owners who encroached on drainage setbacks.
Reps Urge Federal Government to Allocate Forfeited Emefiele-Linked Estate to Vulnerable Nigerians
The House of Representatives has called on the Federal Government to ensure the equitable and transparent allocation of a forfeited housing estate in Abuja.
Federal Housing Authority to Begin Construction of 200 Housing Units in Ekiti, Commends Governor Oyebanji’s Support
The Federal Housing Authority will commence construction of 200 housing units in Ekiti State, following Governor Biodun Oyebanji’s land allocation and federal collaboration to address Nigeria’s housing deficit.
Wike Launches Judicial Housing Initiative to End Rented Accommodation for FCT Judges
Minister Nyesom Wike announces that by 2027, every FCT High Court judge will have official housing, marking a new phase in Nigeria’s judicial welfare and infrastructure reform.