This week in Real Estate
NHM brings you the most important real estate stories of the week.
Latest News
NATIONAL NEWS
The House of Representatives has proposed a nationwide cap limiting rent increases to no more than 20% of the current rate, in a bid to curb arbitrary hikes and strengthen tenant protection across Nigeria’s rental market.
LAGOS
The Lagos State Government has reiterated its commitment to enforcing compliance within state-owned housing estates, warning that residents who breach estate regulations risk losing their home allocations.
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
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 17 Illegal Building Structures in Lekki to Reclaim Waterways and Curb Flooding
Stop-work and seal orders were issued to developers at Partibons Homes Estate and Bee-Forth Estate Phase II, where illegal reclamation and sand-filling activities were ongoing.