News by Country
Published stories attached to Nigeria.
464 items
Page 20 of 52
Nigeria's Special Control Unit Against Money Laundering and the Real Estate Developers Association of Nigeria have moved to tighten compliance in the property sector, warning developers that registration alone is not enough as the country prepares for its Mutual Evaluation.
The Kano State Government plans to build 5,000 houses under its Gida-Gida Mega City programme at Rijiyar Gwan-Gwan, with the wider housing and infrastructure package put at more than N150 billion and delivery projected within eight to 24 months.
The Kano Economic City project at Dangwauro, along the Kano-Zaria Highway, is being developed on 117 hectares with plans for 80,000 square metres of warehousing and 12,000 shops and stalls, with several blocks already completed and occupied.
Experts say reclaiming land can create new space for Lagos to build on, but without proper engineering, infrastructure and planning it will not make housing cheaper or better serviced.
Town planners say Nigeria's rush to build housing estates on the edges of major cities is converting farmland and family land faster than planning controls can keep up, threatening food production.
Housing experts have called on Lagos to convert abandoned and underutilised public buildings into affordable homes, arguing that government should maximise existing assets before committing scarce resources to new estates.
An uncompleted four-storey hotel building under construction at Independence Layout in Enugu collapsed in the early hours of Sunday, killing one person and leaving four others hospitalised, officials said.
A Nigerian developer argues that cheap land on the outskirts of Lagos and Abuja cannot deliver affordable housing on its own, because developers still absorb infrastructure, construction and financing costs.
The Apapa GRA Residents Association wants Lagos State to suspend permits for warehouses and commercial developments in the estate, saying the approvals are changing the character of the low-density residential area without consultation.