This week in Real Estate
NHM brings you the most important real estate stories of the week.
Latest News
NATIONAL NEWS
President Bola Tinubu, represented by Minister Ahmed Dangiwa, reaffirms the Federal Government’s commitment to housing delivery and urban planning reforms at the NITP conference.
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
FCT Police Launch Crackdown on Abandoned Buildings to Curb Criminal Activity
The Federal Capital Territory (FCT) Police Command has initiated a citywide operation targeting uncompleted and abandoned buildings across Abuja as part of efforts to reduce incidents of robbery, abduction, and other criminal activities.
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.
HDAN Urges FCT Minister to Halt Allocation of Abuja’s Green Areas, Warns of Environmental Consequences
The Housing Development Advocacy Network (HDAN) has called on the Minister of the Federal Capital Territory (FCT), Nyesom Wike, to immediately suspend the allocation and conversion of Abuja’s designated green areas, warning that continued encroachment threatens the city’s environmental sustainability, livability, and long-term urban planning objectives.
Federal Housing Ministry, KTNN, and HDAN Strengthen Collaboration Ahead of Nationwide Home Ownership Campaign
The Federal Ministry of Housing and Urban Development, in partnership with the Know The Nigerian Network (KTNN), has reaffirmed its commitment to strengthening stakeholder collaboration in the housing sector through a strategic engagement with the Housing Development Advocacy Network (HDAN).
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.
Family Homes Funds, TETFund, and Investors Advance Renewed Hope Student Housing Programme
The Federal Government, through Family Homes Funds Limited (FHFL), the Tertiary Education Trust Fund (TETFund), and private investors, is driving the Renewed Hope Student Housing Programme.
Umahi Warns Edo Road Contractors of Contract Termination Over Delays
The Minister of Works, David Umahi, has cautioned contractors handling federal road projects in Edo State that any firm failing to meet agreed timelines will face contract termination.
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.
Housing Ministry Enforces Discipline on Contractors Handling Federal Projects
The Federal Ministry of Housing and Urban Development has issued a firm directive to contractors engaged in federal housing projects nationwide: deliver within agreed timelines or face sanctions, including blacklisting, termination of contracts, recovery of funds, and potential prosecution.