Property

FHA reiterates comment on Festac Town restoration

By Owoleye Oluwakayode The Federal Housing Authority (FHA) has said it is moving ahead with the restoration of Festac Town despite protests over the demolition of illegal structures within the buffer zone along the second avenue and the expressway. The…

REDAN inaugurates disciplinary committee on laundering

By Owoleye Oluwakayode The Real Estate Developers Association of Nigeria (REDAN) has inaugurated a 10-man committee to check members’ involvement in money laundering and swindling of prospective homeowners. This is coming on the heels of the Economic and Financial Crimes…

Lagos set up committee on real estate regulation

By Owoleye Oluwakayode In its aim to reduce hosing deficit in the state, the Lagos state government has set up a committee on real estate regulation. Special Adviser to Governor Sanwo-Olu on Housing, Mrs. Toke Benson-Awoyinka and State’s Attorney-General and…

NIQS develops cost reduction measures

By Owoleye Oluwakayode The Nigerian Institute of Quantity Surveyors (NIQS) said it has developed measures to help operators in the built environment optimise their cost during the construction of projects. The President, NIQS, Abba Tor, said this during a press…