This week in Real Estate
NHM brings you the most important real estate stories of the week.
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NATIONAL NEWS
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has issued a strong appeal to real estate developers across Nigeria to take customer verification seriously, as part of a broader effort to tackle money laundering within the sector.
LAGOS
Lagos State Government has blacklisted 176 estates across Ibeju-Lekki, Epe, Eti-Osa, and Ajah for operating without layout approvals. See the full list of affected estates.
ABUJA
World News
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EFCC Boss Urges Real Estate Developers to Prioritize Background Checks
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has issued a strong appeal to real estate developers across Nigeria to take customer verification seriously, as part of a broader effort to tackle money laundering within the sector.
Lagos State Declares 176 Estates Illegal Over Lack of Approvals
Lagos State Government has blacklisted 176 estates across Ibeju-Lekki, Epe, Eti-Osa, and Ajah for operating without layout approvals. See the full list of affected estates.
Nigeria’s House Reps Demand Rapid Infrastructure Reform in Correctional Facilities
Members of the House of Representatives' Committee on Reformatory Institutions have called for an immediate and substantial upgrade of Nigeria’s correctional infrastructure.
Over 2 Million Jobs Targeted as FG Plans 77,400 New Homes Nationwide
In a bold move to tackle unemployment and deepen access to affordable housing, the Federal Government has announced the construction of 77,400 housing units under its Renewed Hope Social Housing Programme.