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Population growth driving real estate investment

Population growth driving real estate investment

The Group Managing Director of Palton Morgan Holdings, Mr Adeyinka Adesope, says the country’s population growth has increased investment in real estate. He said buying and selling real estate products had increased over the years and would continue to grow. He said, “Nigeria is an emerging nation and the population is growing, at a point, […]

Fear grips contractors, residents over Lagos road projects

Fear grips contractors, residents over Lagos road projects

This may not be the best of times for motorists in Lagos because of the deplorable state of roads in the metropolis.From the Mainland to the Island, the story is the same as the roads are neglected and abandoned by both state and local governments. Although, efforts were recently made to fix the major roads, […]

Concerns over deplorable facilities in estates

Concerns over deplorable facilities in estates

Stakeholders are worried about the poor state of facilities in federal government/state-owned housing estates in the country, which are suffering from negligence and lack of maintenance. Maintenance of existing housing stock has been in the front burner without any concrete action or blueprint by the authorities. For instance, the Nigerian Housing Policy (NHP) didn’t provide […]

Former UPDC boss launches new firm, targets 5,000 housing units

Former UPDC boss launches new firm, targets 5,000 housing units

Concerned about existing deficits in the middle-income segment, the immediate past Managing Director, UACN Property Development Company, Mr. Hakeem Ogunniran has unveiled his new firm- Eximia Realty Company Limited, which plans to bridge the housing gap in the country with 5,000 units. To kick-start the vision to build the units in the next five years, […]

Fear grips contractors, residents over Lagos road projects

Fear grips contractors, residents over Lagos road projects

This may not be the best of times for motorists in Lagos because of the deplorable state of roads in the metropolis. From the Mainland to the Island, the story is the same as the roads are neglected and abandoned by both state and local governments. Although efforts were recently made to fix the major […]

World Bank, others throw up competition for architects in low-cost housing

World Bank, others throw up competition for architects in low-cost housing

Following increase in natural disasters that have ravaged communities around the globe, a new search for architectural designs that will withstand such catastrophe has begun in earnest. The World Bank, UN-Habitat, Build Academy, Airbnb, and Global Facility for Disaster Reduction and Recovery are promoting the competition that majorly targets architects around the world to develop designs for […]


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