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
Enugu State Governor Cuts C of O and Land Documentation Fees by 50% to Boost Property Ownership
Governor Peter Mbah of Enugu State has approved a 50% reduction in the cost of obtaining Certificates of Occupancy (C of O) and other land-related documents.
Housing Ministry Launches Skills Audit After Retiring 1,600 Staff in 18 Months
Housing Ministry Launches Skills Audit After Retiring 1,600 Staff in 18 Months
Lagos State Government Reaffirms Commitment to Fair Compensation for Owners of Demolished Properties
The Lagos State Government has announced that property owners whose buildings are demolished for being located on the right of way will receive compensation provided the structures were built with valid planning permits.
Cross River State House of Assembly Moves to Regulate Rent, Tackle Exploitative Housing Practices
Cross River lawmakers move to regulate rent and curb exploitative housing practices as residents face surging accommodation costs in Calabar.
NIESV Advocates Reforms to Strengthen Ethics and Restore Trust in Nigeria’s Real Estate Sector
Real estate professionals have called for comprehensive reforms to rebuild public confidence, enhance ethical standards, and align Nigeria’s property market with international best practices.
Lagos Secures 4,000 Hectares for Ibeju-Lekki Airport as NCAA Reaffirms Support
The Lagos State Government has secured 4,000 hectares for the Ibeju-Lekki Airport project. The Nigeria Civil Aviation Authority (NCAA) has reaffirmed support, urging compliance with regulatory and safety standards before construction begins.
Lagos State Government Denies Involvement in FESTAC Demolitions, Reaffirms Commitment to Due Process
The Lagos State Government has denied involvement in the recent demolition of properties in FESTAC Town, clarifying that it neither authorised nor supervised the operation, which has drawn public criticism and confusion.
Lagos State Government Demolishes 39 Illegal Buildings in Ikota Estate to Tackle Flooding and Setback Violations
The Lagos State Government has commenced the demolition of 39 buildings in Ikota Estate, Eti-Osa Local Government Area, following the expiration of a quit notice issued to property owners who encroached on drainage setbacks.
Reps Urge Federal Government to Allocate Forfeited Emefiele-Linked Estate to Vulnerable Nigerians
The House of Representatives has called on the Federal Government to ensure the equitable and transparent allocation of a forfeited housing estate in Abuja.
Federal Housing Authority to Begin Construction of 200 Housing Units in Ekiti, Commends Governor Oyebanji’s Support
The Federal Housing Authority will commence construction of 200 housing units in Ekiti State, following Governor Biodun Oyebanji’s land allocation and federal collaboration to address Nigeria’s housing deficit.