Archives for PROPERTY
N5.5trn needed yearly to bridge housing deficit gap: Minister
Dangiwa Minister of Housing and Urban Development, Architect Ahmed Musa Dangiwa has said that the government would need trillion per annum to build approximately 550,000 housing units as part of…
$24bn needed to revive abandoned buildings – Report
At least N18tn ($24bn) is required to revive abandoned buildings in the country, according to a report by Digital Experience Technology Limited. The report, titled “Reviving Nigeria’s Hidden Assets: Strategic…
Lagos govt. demolishes illegal Banana Island structure, warns against unapproved dredging
The Lagos State government on Saturday demolished an illegal structure on Banana Island, constructed on unauthorised reclaimed land to obstruct drainage Commissioner for Physical Planning and Urban Development, Mr Oluyinka…
Nigeria spending $550m World Bank, AfDB loan on renewable electricity
The Federal Government, yesterday, in Abuja, said $550 million loan borrowed from World Bank and African Development Bank (AfDB) is currently being spent to electrify rural communities across Nigeria. The…
N1tn spent on steel imports, Ajaokuta takes N21bn
Nigeria has spent $ trillion on iron and steel imports in the last nine months, according to The Punch’s calculation of the National Bureau of Statistics’ Foreign Trade Statistics. In…
Housing deficit: Echo stoner, Nigerian Police partner to develop 100,000 homes nationwide
As part of ongoing efforts in bridging over 22 million housing deficit in the country, Echostone Nigeria Limited has signed a joint development agreement with the Nigerian Police to develop…