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NHM brings you the most important real estate stories of the week.
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NATIONAL NEWS
Nigeria’s Federal Executive Council has approved a ₦58.47 trillion 2026 budget, alongside a revised MTEF exchange rate of ₦1,400/$1, signalling a shift toward non-oil revenue and fiscal consolidation.
LAGOS
ABUJA
The FCT Administration unveils housing initiatives for judicial officers, enhancing accommodation, court infrastructure, and judicial efficiency in Abuja.
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Federal Government Pushes Consolidated Fiscal Plan Amid 2026 Budget Uncertainties
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.
NCAA Authorises Resumption of Scheduled Flights at Ibadan Airport Following Major Upgrades
The resumption of scheduled flights at Ibadan Airport represents a significant milestone for Nigeria’s domestic aviation sector. By combining infrastructural upgrades with regulatory compliance, Oyo State has positioned the airport as a safe, efficient, and commercially viable hub, with potential long-term benefits for regional development and connectivity.
Lagos Hotels See Booking Surge as Short-Let Prices Deter Festive Visitors
Lagos hotels experience a significant rise in bookings during Detty December 2025 as escalating short-let apartment prices drive visitors toward predictable, secure, and service-oriented hotel accommodations.
Minister Dangiwa Outlines Strategic Scope of Tinubu’s Renewed Hope Housing Programme
Minister Ahmed Dangiwa outlines Nigeria’s Renewed Hope Housing Programme as a multi-tiered strategy addressing housing deficit, economic growth, and social inclusion through innovative financing and public-private partnerships.
Governor Sanwo-Olu Advocates Strategic Public-Private Partnerships to Address Lagos Housing Deficit
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.
United States Government Tightens Entry Rules for Nigerians, Citing Security and Visa Compliance Risks
The United States has introduced new visa restrictions affecting Nigerian travellers, citing security vetting challenges and visa overstay rates. The policy shift has implications for mobility, education, business travel, and bilateral relations.
Structural Deficiencies Affect Over 15 Million Homes, Federal Government Warns
Nigeria’s Housing Minister says 15.2 million homes fail basic safety and habitability standards, prompting a data-driven policy shift toward housing upgrades, neighbourhood renewal, and improved infrastructure delivery.
Makinde Reaffirms Infrastructure-Led Growth Strategy as Oyo Advances Economic Development Agenda
Governor Seyi Makinde reaffirms Oyo State government’s commitment to delivering critical infrastructure, including inner roads and Oluyole Industrial Estate projects, aimed at stimulating economic growth and improving residents’ quality of life.