This week in Real Estate
NHM brings you the most important real estate stories of the week.
Latest News
NATIONAL NEWS
The Benue State Government has launched the construction of a 1,080-unit housing estate in Makurdi, a project designed to reduce the city’s housing deficit and provide more affordable accommodation options.
LAGOS
Lagos State has pledged to issue planning permits within 10 working days once applicants meet all requirements, in a move aimed at improving efficiency and restoring investor confidence in the state’s real estate sector.
ABUJA
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has officially inaugurated the 5.4-kilometre Karu dual carriageway
World News
All News
CBN Signals Possible Rate Cuts as Inflation Shows Signs of Easing
The Central Bank of Nigeria (CBN) has indicated that lower interest rates may be on the horizon as inflationary pressures begin to moderate, raising prospects for cheaper credit and renewed private sector investment.
Survey Ranks Dangiwa Among Most Admired Ministers for Reform-Driven Leadership
A recent survey of lawmakers and housing sector stakeholders has ranked the Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa.
Diaspora Nigerians Drive Uptake of Government-Backed Mortgage Fund
A government-supported mortgage initiative is recording strong interest from Nigerians abroad seeking long-term participation in the country’s property market. The Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF).
FG, Polaris Capital to Train 100,000 Construction Artisans under New National Skills Programme
The Federal Government has signed a strategic partnership with Polaris Capital Limited to train, certify, and place 100,000 construction artisans in jobs nationwide
FEC Approves Review of PPP, EPC+F Models for Lagos’ Carter and Third Mainland Bridges
The Federal Executive Council (FEC) has approved the Ministry of Works’ proposal to adopt Public-Private Partnership (PPP) and Engineering, Procurement.
Federal Workers Face Hurdles Despite FG Housing Loan Expansion
A significant number of federal civil servants remain unable to benefit from the Federal Government’s housing loan scheme.
FG Moves to Develop Building Materials Hub on 200 Hectares in Lekki Free Trade Zone
The Federal Government has acquired 200 hectares of land within the Lekki Free Trade Zone to establish a dedicated Building Materials Hub, aiming to reduce construction costs.
FG Reconstitutes National Building Code Advisory Committee, Names 21-Member Panel
The Federal Government has reconstituted and inaugurated the National Building Code Advisory Committee (NBCAC) to strengthen building-standards enforcement and curb structural failures nationwide.
Renewed Hope Agenda: Housing Incentives for Civil Servants Under Scrutiny
The call for civil servants to receive at least a 50 percent housing incentive has gained momentum as stakeholders question whether the Federal Government’s Renewed Hope Agenda.
Housing Ministry Launches New Fraud Reporting Portal and Oversight System to Secure Real Estate
The Federal Ministry of Housing and Urban Development has officially launched a Housing Fraud Reporting Portal, enabling citizens to report and monitor fraudulent practices in the real estate sector.