This week in Real Estate
NHM brings you the most important real estate stories of the week.
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NATIONAL NEWS
The Rivers State Government’s collaboration with Masta Services aligns with its broader strategy to expand housing infrastructure and stimulate local investment. By positioning the project close to the Port Harcourt International Airport, the state aims to foster a thriving residential and commercial ecosystem that supports tourism, logistics, and corporate relocation.
LAGOS
Tension has risen in Oworonshoki, Lagos, following the demolition of more than 70 houses at Ajileru, Ososa Extension, and Toluwalase Streets an action that occurred despite an active court injunction restraining the state government from proceeding with demolitions in the area.
ABUJA
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.
World News
All News
FCT High Court to Hear Judicial Review in Ongoing River Park Estate Dispute
The Federal Capital Territory (FCT) High Court sitting in Jikwoyi-Kurudu will on Monday, October 6, hear a judicial review application challenging the report and recommendations of the Ministerial Committee established by the Minister of the Federal Capital Territory, Nyesom Wike, in connection with the long-running River Park Estate dispute in Lugbe, Abuja.
FCT Police Launch Crackdown on Abandoned Buildings to Curb Criminal Activity
The Federal Capital Territory (FCT) Police Command has initiated a citywide operation targeting uncompleted and abandoned buildings across Abuja as part of efforts to reduce incidents of robbery, abduction, and other criminal activities.
HDAN Urges FCT Minister to Halt Allocation of Abuja’s Green Areas, Warns of Environmental Consequences
The Housing Development Advocacy Network (HDAN) has called on the Minister of the Federal Capital Territory (FCT), Nyesom Wike, to immediately suspend the allocation and conversion of Abuja’s designated green areas, warning that continued encroachment threatens the city’s environmental sustainability, livability, and long-term urban planning objectives.
10,000 Affordable Homes Planned for Federal Workers Under Abuja Cooperative City Project
The Abuja Cooperative City Project will deliver 10,000 housing units for federal workers in Abuja under the Renewed Hope Agenda, backed by FMBN and the Federal Ministry of Housing and Urban Development.
FCT to Issue New Certificates of Occupancy for River Park Estate Residents
The River Park Estate issue highlights recurring challenges in Abuja’s land administration, including expired lease agreements, irregular development approvals, and disputes between government and private developers. For investors and policymakers, the case underscores the importance of due diligence, compliance with regulatory processes, and the need for ongoing reforms in land governance to reduce uncertainty in Nigeria’s capital city real estate market.
NITP President Calls for Full Enforcement of Nigeria’s Urban and Regional Planning Law
The President of the Nigerian Institute of Town Planners (NITP), Dr. Chime Ogbonna, has urged the federal government to fully implement the Nigerian Urban and Regional Planning Law.
Wike to Launch 12 New Road Projects, Commissions Two in Abuja
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, will on Thursday, 18 September 2025, flag off the construction of 12 new road projects across Abuja and commission two completed access roads.
FCTA Revokes Riverpark Estate Lease Amid Land Dispute, Orders Repossession of Undeveloped Plots
The Federal Capital Territory Administration (FCTA) has revoked the lease agreement of the controversial Riverpark Estate in Abuja, ordering the repossession of all undeveloped plots.
REDAN Commends EFCC on Recovery of 753 Properties in Abuja, Urges Reinvestment into Affordable Housing
The Real Estate Developers Association of Nigeria (REDAN) has welcomed the Economic and Financial Crimes Commission’s (EFCC) recovery of 753 duplexes and other properties in the Lokogoma District of Abuja.
HDAN Urges Lawmakers to Curb Soaring Rent and Agency Fees in Abuja
The Housing Development Advocacy Network (HDAN) has called on the National Assembly to introduce urgent legislation to address the rising cost of rent and agency fees in the Federal Capital Territory (FCT).