This week in Real Estate
NHM brings you the most important real estate stories of the week.
Latest News
NATIONAL NEWS
Cross River lawmakers move to regulate rent and curb exploitative housing practices as residents face surging accommodation costs in Calabar.
LAGOS
The Lagos State Government has secured 4,000 hectares for the Ibeju-Lekki Airport project. The Nigeria Civil Aviation Authority (NCAA) has reaffirmed support, urging compliance with regulatory and safety standards before construction begins.
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 Reopens Ogudu-Ifako Bridge After Early Completion of Repairs
The Lagos State Government has reopened the Ogudu-Ifako Bridge to full traffic after completing repairs on its expansion joints ahead of schedule. The bridge, which had been partially closed for several months, is a critical link along one of the state’s busiest transport corridors.
Lagos Government Denies Ethnic Bias in Trade Fair Demolition, Cites Planning Law Violations
The Lagos State Government has refuted allegations of ethnic discrimination in the recent demolition exercise at the Trade Fair Complex in Ojo, stating that the operation was driven solely by urban planning and regulatory concerns.
LASRERA Launches Realtors Connect to Tackle Fraud and Strengthen Credibility in Lagos Real Estate
Special Adviser to the Lagos State Governor on Housing, Barakat Odunuga-Bakare, stressed that only duly registered practitioners will be permitted to operate under LASRERA’s framework.
Lagos State Ministry of Physical Planning and Urban Development Plans 40,000 Building Permits a Year
The Lagos State government is targeting 40,000 building planning permits annually to curb unregulated development, streamline approvals, and protect property investments.
Lagos Airport Expansion Rekindles AIC–FAAN Land Dispute
The Federal Airports Authority of Nigeria (FAAN) is facing renewed legal pressure from AIC Limited, the company founded by the late business magnate Harry Akande, over disputed land within the ongoing ₦712 billion expansion of Lagos’ Murtala Muhammed International Airport.
Experts Urge Policy Alignment and Foreign Investment to Accelerate Nigeria’s Real Estate Growth
At the recent Real Estate Stakeholders Conference in Lagos, Timothy Nubi, professor and director at the Centre for Housing and Sustainable Development, University of Lagos, highlighted the urgent need for coordinated policies.
Lagos State Government Suspends All Land Reclamation Projects Over Environmental Concerns
The Lagos State Government has ordered the immediate suspension of all ongoing and planned land reclamation projects, citing the environmental and social risks posed by unregulated developments across the state.
NITP President Urges Dialogue on Demolition of 170 Estates Along Lagos Coastal Highway
The President of the Nigerian Institute of Town Planners (NITP), Dr. Chime Ogbonna, has called on the federal and Lagos State governments to pursue dialogue and collaboration in addressing the proposed demolition of 170 estates along the Lagos-Calabar Coastal Highway corridor.
Lagos Halves Minimum Land Requirement for Estate Development
The Lagos State Government has reduced the minimum land size requirement for estate development from 10,000 square metres to 5,000 square metres, a move aimed at easing housing delivery.
Lagos State Government to Begin Night Repairs on Ozumba Mbadiwe Road
The Lagos State Government will commence night-time repair works on Ozumba Mbadiwe Road from Monday, 15 September to Sunday, 21 September 2025.