Real Estate News Daily
NHM brings you the most important real estate stories of the week.
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NATIONAL NEWS
Nigeria’s Detty December tourism economy is under pressure from rising costs, weak coordination, and uneven service delivery, raising concerns about long-term sustainability and competitiveness.
LAGOS
The Lagos Tenancy and Recovery of Premises Bill 2025 introduces court-mandated eviction processes, penalises landlord harassment, and enhances tenant protections, marking a major reform in Lagos’s rental housing market.
ABUJA
The FCT Administration unveils housing initiatives for judicial officers, enhancing accommodation, court infrastructure, and judicial efficiency in Abuja.
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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.
Lagos State Government Issues Two-Week Ultimatum to Regularize Unapproved Structures at Trade Fair Complex
The Lagos State Government has issued a two-week ultimatum to developers and occupants of unapproved structures within the Trade Fair Complex, Ojo, directing them to regularise their buildings with the Ministry of Physical Planning and Urban Development.
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.