Real Estate & Construction

FG plans to bring in €1.2 million worth of equipment for the restoration of Eko Bridge

Dave Umahi, the Minister of Works, has emphasized the necessity of importing construction equipment valued at €1.2 million to facilitate the effective rehabilitation of...

Minister anticipates that land reforms will activate $300 billion of idle capital

The Federal Government has announced its intentions to tap into more than $300 billion of dormant capital within the housing sector by implementing a...

The Commissioner attributes the building collapse to structural design flaws

The recently appointed Commissioner for Physical Planning and Urban Development in Lagos State, Dr. Oluyinka Olumide, emphasized that structural defects in building designs are...

NIOB calls on the federal government to provide subsidies for cement

The Nigerian Institute of Building, Lagos Chapter, has called on the Federal Government to intervene and reduce the cost of cement in the country. It...

Amidst rising inflation, developers are increasingly embracing funding models that involve sharing the risks

To navigate the challenges posed by surging inflation, real estate developers are adopting innovative funding approaches that allow them to share risks with their...

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