This week in Real Estate
NHM brings you the most important real estate stories of the week.
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NATIONAL NEWS
Governor Peter Mbah of Enugu State has approved a 50% reduction in the cost of obtaining Certificates of Occupancy (C of O) and other land-related documents.
LAGOS
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.
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
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FCTA Demolishes Boulevard Park, Maitama, for Master Plan Violations
The Federal Capital Territory Administration (FCTA) has demolished Boulevard Park in Maitama, Abuja, citing violations of park policy and breaches of the Abuja Master Plan.
FCTA Demolishes Over 1,000 Illegal Shanties Along Karsana Road Corridor in Abuja
The Federal Capital Territory Administration (FCTA) has commenced the demolition of more than 1,000 illegal shanties along the Karsana road corridor in Abuja.