This week in Real Estate
NHM brings you the most important real estate stories of the week.
Latest News
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
Lagos State Government Launches Online Platform for Diaspora Property Owners to Resolve Land Use Charge Disputes
The Lagos State Government has introduced an online platform enabling property owners in the Diaspora to resolve Land Use Charge (LUC) complaints remotely between 8 and 28 October 2025. The initiative, implemented through the Land Use Charge Assessment Appeal Tribunal (LUCAAT), is designed to simplify dispute resolution and improve accessibility for Nigerians abroad.
Lagos Issues Traffic Advisory as Six-Week Repair Begins on Adeniji Adele–CMS Corridor
The Lagos State Government has announced a six-week repair of the Adeniji Adele Interchange–CMS corridor, scheduled to commence on Sunday, 12 October 2025.
Lagos Begins Verification Exercise for Oworonshoki Demolition Victims Ahead of Compensation
The Lagos State Building Control Agency (LASBCA) has commenced a verification exercise for residents affected by the recent demolition in Oworonshoki, aimed at identifying legitimate victims and determining eligibility for government compensation.
Lagos Government Intensifies Flood Control Efforts with Demolition of Illegal Structures in Ebute Metta
The Lagos State Government has begun the removal of illegal structures obstructing the Jebba/Kano collector in Ebute Metta, as part of ongoing measures to strengthen the city’s drainage infrastructure and mitigate recurring flooding.
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.