Month: July 2020

#NtaPropertyNews: Fashola Inspects Federal Road Projects In Lagos, Appeals For Cooperation

The Minister of Works and Housing, Babatunde Fashola, on Tuesday, commenced an inspection tour of the Federal Government’s road projects in Lagos State. The minister kicked off the inspection at the Apapa-Oshodi-Ojota-Oworonshoki Expressway reconstruction project, then moved to the Third Mainland Bridge which has been partially shut for repairs. 25 more words

via Fashola Inspects Federal Road Projects In Lagos, Appeals For Cooperation — Nigeria Real Estate Hub

#NtaPropertyNews: Stamp Duty – Landlords Don’t Need to Increase Rent, Says FIRS.

The Federal Inland Revenue Service (FIRS) has explained that there is no basis for landlords to embark on rent increment in relation to the stamp duty payable on tenancy and lease agreement by tenants in the country. 38 more words

via Stamp Duty: Landlords Don’t Need to Increase Rent, Says FIRS — Nigeria Real Estate Hub

#NtaCRIBSnDECOR: Toke Makinwa speaks on ‘seized Banana Island mansion’…

Toke Makinwa, a media personality, has come out to speak on the rumour that her mansion in Banana Island, Lagos, was taken over by the Asset Management Company of Nigeria (AMCON). 44 more words

via Toke Makinwa speaks on ‘seized Banana Island mansion’ — Nigeria Real Estate Hub

#NtaPropertyGlobe: How COVID-19 impacts buyers in real estate market — Nigeria Real Estate Hub

Notwithstanding the positive outlook for the Nigerian property market in 2020, the COVID-19 pandemic has impacted negatively on the market, leaving property investments in disarray. With the disruption, home buyers are still hesitant to buy. 38 more words

via How COVID-19 impacts buyers in real estate market — Nigeria Real Estate Hub

#NtaPropertyNews: AMCON Urges FG to Provide Bailout for Aviation Sector

The Asset Management Corporation of Nigeria (AMCON) has joined stakeholders to call on the federal government to provide bailout for the aviation sector, noting that airlines and agencies in the industry critically need financial support in order to sustain their operations. 32 more words

via AMCON Urges FG to Provide Bailout for Aviation Sector — Nigeria Real Estate Hub

#NtaPropertyNews: Lagos warns developers against road cutting, encroachment

Lagos State Government has said it will sanction property developers and state officials who undermine the state’s planning approvals and encroach on the alignments of the regional road. 43 more words

via Lagos warns developers against road cutting, encroachment — Nigeria Real Estate Hub

#NtaPropertyNews: FCTA demolishes illegal motor park, cattle market

The Ministerial Task Force on City Sanitation of the Federal Capital Territory Administration (FCTA) has closed down an illegal motor park at the Apo Roundabout and also shut down a nearby cattle market. 38 more words

via FCTA demolishes illegal motor park, cattle market — Nigeria Real Estate Hub

#NtaPropertyNews: Blocks of 113 Classrooms in 7 schools ready for commissioning — Sanwo-Olu

Gov. Babajide Sanwo-Olu of Lagos State on Friday said blocks of 113 classrooms in seven schools in the state were ready for commissioning. Sanwo-Olu made this known in his Democracy Day speech tagged: ”Great Leap Towards A Greater Lagos.” He said that education was the third pillar of his administration’s T.H.E.M.E.S Agenda, and investment in…

via Blocks of 113 Classrooms in 7 schools ready for commissioning — Sanwo-Olu — Nigeria Real Estate Hub

#NtaPropertyNews: LASG seals 19 more buildings in Banana Island over planning permit

As part of the on-going efforts to control physical development and promote a sustainable living environment, the Lagos State Government (LASG), on Thursday, sealed 19 additional buildings in the highbrow Banana Island, Ikoyi. 42 more words

via LASG seals 19 more buildings in Banana Island over planning permit — Nigeria Real Estate Hub

#NtaPropertyNews: NEMA begins response measures against flooding

The National Emergency Management Agency (NEMA) has begun preparation for comprehensive response to impending flood as predicted by the Nigerian Meteorological Agency (Nimet) and Nigerian Hydrological Services Agency (NIHSA) respectively. 41 more words

via NEMA begins response measures against flooding — Nigeria Real Estate Hub