Nigeria’s Housing Minister says 15.2 million homes fail basic safety and habitability standards, prompting a data-driven policy shift toward housing upgrades, neighbourhood renewal, and improved infrastructure delivery.

Governor Seyi Makinde reaffirms Oyo State government’s commitment to delivering critical infrastructure, including inner roads and Oluyole Industrial Estate projects, aimed at stimulating economic growth and improving residents’ quality of life.

Rivers State Governor Siminalayi Fubara commissions the TAF Global Estate in Port Harcourt despite ongoing legal disputes, highlighting tensions between housing development, due process, and investor confidence.

The Council of Registered Builders of Nigeria inducts 436 new professionals, warning against unethical practices and reinforcing safety, accountability, and regulatory compliance in the construction sector.

Nigeria’s headline inflation fell to 14.45% in November 2025 from 16.05% in October, reflecting easing price pressures in urban and rural areas. NBS data highlights progress toward stabilising the economy.

The Lagos Tenancy and Recovery of Premises Bill 2025 introduces court-mandated eviction processes, penalises landlord harassment, and enhances tenant protections, marking a major reform in Lagos’s rental housing market.

The Financial Reporting Council (FRC) calls on estate surveyors and valuers to maintain high standards of integrity, professionalism, and value creation, highlighting their crucial role in Nigeria’s real estate development, investor confidence, and national infrastructure growth.

Nigeria’s estate surveyors and valuers are being called on to leverage the Public-Private Partnership framework to address the nation’s $878 billion infrastructure deficit, ensuring efficient project valuation, risk assessment, and sustainable development.

President Tinubu increases the Code of Conduct Bureau budget to N20 billion to upgrade Nigeria’s asset declaration system, enhance verification, and strengthen public accountability.