Cross River State Executive Council has endorsed contract for the commencement of foundational construction works at the proposed, ₦8 billion Calabar International Convention Centre, to be cited adjacent Tinapa Business and Leisure Resort, Calabar.
Following our launch in April this year, we have officially hit the 1,000 mark of listed property. This makes Nigeria Property Centre one of the largest property websites in Nigeria with over 750 listed properties for sale and 238 to let.
To meet the United Nations Millennium Development Goals (UN-MDGs) on housing needs in Yobe State in the year 2015, Yobe State Executive Council, last week approved the release of ₦1.6 billion for the construction of 300 additional housing units under the state government’s Owner Occupier Housing Programme (OOHP).
Ahead of the proposed handing over of the Treasure Land Estate, Port Harcourt, Rivers State, developers and promoters, Messrs Afribank Estate Company Limited, has completed infrastructural facilities in the estate.
An indigenous developer, Messrs Owolabi Adejonwo Properties and Investment Company Limited, has introduced promotional offer by way of discount on house purchases and special payment options to prospective home owners.
Efforts to complement government’s mass housing bid may have been boosted as property developers, Messrs UACN Property Development Company (UPDC) Plc have commenced work in its Metro City in the Federal Capital Territory.
Plans by the Lagos authorities to tackle accommodation shortages and its attendant high cost of rent are in the offing, as the government has proposed the construction of more low cost housing estates in the state.
Federal Mortgage Bank of Nigeria is financing the development of 272 housing units in Abuja to the tune of ₦1.83bn under the National Housing Fund scheme, which is designed to provide affordable shelter for Nigerian masses.