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Affordable housing in Nigeria: Myth or Reality

With the recession lingering and hitting hard on real estate sector, many prospective homeowners are dumping the idea of home ownership, while others want to build a simple home that is comfortable and affordable, without going into debt. It is a fact that in most Nigerian cities.  Source: The Guardian Read more     

Economy will not will be out of recession until 2018 

The Statistician-General of the Federation, Dr Yemi Kale has disputed projections by major national and international organisations that Nigeria will exit economic recession and return to the path of growth in 2017. Source: Tribune. Read More       

REDAN urges penalties for private developers over building collapse

To address the recurring incidence of building collapse in the country, the Real Estate Developers Association of Nigeria (REDAN), South-West Zone has urged the government to sanction any developer, builder or landlord who is associated with any of these collapse buildings. Source: The Guardian. Read More

REDAN, CBN brainstorm on real estate data collation

The Real Estate Developers Association of Nigeria (REDAN) Tuesday  conveyed a stakeholders meeting in  Abuja  to proffer solutions to the problem of collating data for the real estate and housing sector in Nigeria. Source: Daily Trust. Read More

Lagos, partners firm to deliver 618 housing units

The Lagos State Government has signed a Memorandum of Understanding with Messrs Brains and Hammers Limited for the provision of housing units in the state. The Commissioner for Housing, Mr. Gbolahan Lawal, said the government had set a target to deliver 200,000 housing units annually. Source: Punch.  Read More

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