Real Estate News Daily
NHM brings you the most important real estate stories of the week.
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NATIONAL NEWS
The Federal Government seeks National Assembly approval for a combined ₦43.56 trillion 2024–2025 budget to address revenue shortfalls and fiscal complexity, raising questions over the timing and implementation of the 2026 budget.
LAGOS
The governor concluded that Lagos’ housing challenges present both an economic and social opportunity. Strategic partnerships with private developers, financial institutions, and investors will be central to delivering safe, affordable, and resilient housing while fostering economic growth and urban sustainability.
ABUJA
The FCT Administration unveils housing initiatives for judicial officers, enhancing accommodation, court infrastructure, and judicial efficiency in Abuja.
World News
All News
Edo State Government Reaffirms Commitment to Transparent Land and Housing Reforms
The Edo State Government has restated its commitment to transparent land administration and structured housing development, as the newly appointed Commissioner for Lands and Housing.
FG Delivers 100 Energy-Efficient Homes to Widows in Kaduna Under Social Housing Programme
The Federal Government has commissioned one hundred energy-efficient two-bedroom homes for widows in Rigachikun, Kaduna State, under the Family Homes Funds Limited (FHFL) Social Housing Programme.
Federal Housing Ministry Endorses Nationwide Homeownership Awareness Campaign
The Federal Ministry of Housing and Urban Development has endorsed the Renewed Hope National Homeownership and Housing Development Campaign, a citizen-focused initiative designed to deepen public participation in ongoing housing sector reforms.
Ogun State Government to Rebuild 1976 Legislative and Commissioners’ Quarters After Structural Assessment
The Ogun State Government will demolish and reconstruct the state’s legislative and commissioners’ quarters in Abeokuta after a technical evaluation confirmed that the nearly fifty-year-old buildings.
MREIF Introduces New Investment Structure to Strengthen Nigeria’s Housing Market — ARM’s Odutola
Wale Odutola, Chief Executive Officer of ARM Holdings, says the Ministry of Finance Real Estate Investment Fund (MREIF) is reshaping Nigeria’s housing market by introducing the governance to position real estate as a credible institutional asset class.
Lekki Deep Sea Port to Add $360 Billion to Nigeria’s Economy, Create 170,000 Jobs
The Lekki Deep Sea Port is expected to inject as much as $360 billion into Nigeria’s economy and generate approximately 170,000 jobs during its 45-year concession period, according to Managing Director Wang Qiang.
Federal Government Sets Uniform Prices for Renewed Hope Housing Units Nationwide
The Federal Government has set uniform prices for its Renewed Hope Housing Estates to ensure fairness, affordability, and transparency across Nigeria.
Kano State Government Moves to Strengthen Power Sector, Expand Affordable Housing
Kano State approves plans to acquire control of KEDCO and build 50 low-cost estates to improve power reliability and expand housing access.
Kaduna State Governor Strengthens Housing Access with New Social Housing and Partnership Initiatives
Governor Uba Sani commissions 100 free homes for widows in Kaduna, advancing social housing and sustainable development through public-private partnerships.
