This week in Real Estate
NHM brings you the most important real estate stories of the week.
Latest News
NATIONAL NEWS
The House of Representatives has proposed a nationwide cap limiting rent increases to no more than 20% of the current rate, in a bid to curb arbitrary hikes and strengthen tenant protection across Nigeria’s rental market.
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
FG Warns Abuja–Lokoja Highway Contractor Over ₦56 Billion Project Delays
The Federal Government has cautioned the contractor handling the ₦56 billion reconstruction of a 53-kilometre section of the Abuja–Lokoja highway, warning that the contract may be revoked if progress is not significantly improved by November.
Nigerians Raise Concerns Over Rising Wave of Demolitions
Property owners across several Nigerian cities are voicing alarm over widespread demolitions that have displaced residents, shuttered businesses, and raised legal and policy questions about land governance in the country.
Experts Urge Policy Alignment and Foreign Investment to Accelerate Nigeria’s Real Estate Growth
At the recent Real Estate Stakeholders Conference in Lagos, Timothy Nubi, professor and director at the Centre for Housing and Sustainable Development, University of Lagos, highlighted the urgent need for coordinated policies.
Lagos State Government Suspends All Land Reclamation Projects Over Environmental Concerns
The Lagos State Government has ordered the immediate suspension of all ongoing and planned land reclamation projects, citing the environmental and social risks posed by unregulated developments across the state.
NITP President Calls for Full Enforcement of Nigeria’s Urban and Regional Planning Law
The President of the Nigerian Institute of Town Planners (NITP), Dr. Chime Ogbonna, has urged the federal government to fully implement the Nigerian Urban and Regional Planning Law.
NITP President Urges Dialogue on Demolition of 170 Estates Along Lagos Coastal Highway
The President of the Nigerian Institute of Town Planners (NITP), Dr. Chime Ogbonna, has called on the federal and Lagos State governments to pursue dialogue and collaboration in addressing the proposed demolition of 170 estates along the Lagos-Calabar Coastal Highway corridor.
Lagos Halves Minimum Land Requirement for Estate Development
The Lagos State Government has reduced the minimum land size requirement for estate development from 10,000 square metres to 5,000 square metres, a move aimed at easing housing delivery.
Wike to Launch 12 New Road Projects, Commissions Two in Abuja
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, will on Thursday, 18 September 2025, flag off the construction of 12 new road projects across Abuja and commission two completed access roads.
Lagos State Government to Begin Night Repairs on Ozumba Mbadiwe Road
The Lagos State Government will commence night-time repair works on Ozumba Mbadiwe Road from Monday, 15 September to Sunday, 21 September 2025.
Benue State Launches 1,080-Unit Eco-City Housing Estate in Makurdi
The Benue State Government has launched the construction of a 1,080-unit housing estate in Makurdi, a project designed to reduce the city’s housing deficit and provide more affordable accommodation options.