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Opportunities In Lagos Lekki Corridor Grow As Investors Pour Billions Of Naira PDF Print E-mail
Written by BusinessDay   
Monday, 15 August 2011 11:53

The Lekki corridor also known as ‘New Lagos’, is arguably the fastest growing city in Africa . With its sizzling real estate, huge construction projects, seaport and airport

 

projects, this corridor is emerging as the new main street of Africa , offering vast investment opportunities.

 

This part of Lagos , Africa’s largest commercial city, has seen huge investments by both individuals and institutions with the construction of the Lekki Free Trade Zone (LFTZ)

 

standing as the high point of investment in the area.

 

Read more...
 
What is Affordable Housing? (I) PDF Print E-mail
Written by Sam Odia, ThisDay Newspaper   

According to the web-based Wikipedia, ‘affordable housing’ is a term used to describe dwelling units whose total housing costs are deemed "affordable" to those that have a

 

median income*.

 

Western societies have found median incomes more reliable to work with than average incomes, because of the greater tendency for distortion where some in the group have

 

a disproportionately higher or lower income than the others. This would perhaps to be even more so in a developing country like Nigeria, where only 10% of the population

 

earn almost 40% of total nationwide incomes.

 

Read more...
 
A New and Effective Approach to Housing Nigerians PDF Print E-mail
Written by Sam Odia, ThisDay Newspaper   


We had noted that slums never really disappear. They merely vanish in one location only to resurface in another, as long as the key underlying factors that bring them into

 

being in the first place are not frontally addressed. The root causes of slum development include the lack of access to planned and titled land by the poor, on terms they can

 

afford; and access to housing finance. Great opportunities await aggressively proactive governments that have a heart for their people and are willing to encourage mass

 

housing provision as a key social responsibility to their teeming electorates.

Read more...
 
Ministry, CBN Plan New Guidelines On Housing Finance PDF Print E-mail
Written by The Guardian Newspaper   
Monday, 01 August 2011 16:40

EFFORTS are underway towards providing housing finance that would make low cost houses available to low income earners. Minister of Lands, Housing and Urban

 

Development, Ms Ama Pepple who made this known in Abuja last week while receiving the governing board of the Federal Housing Authority (FHA) said that discussion has

 

begun between the ministry, Central Bank of Nigeria (CBN) and other relevant stakeholders.


 

Read more...
 
Lagos Transit Village Residents Urge Due Process As Eviction Looms PDF Print E-mail
Written by The Guardian Newspaper   
Wednesday, 27 July 2011 16:13

As the burden of planned eviction from the Federal Government keeps giving the over 700 occupants of Lagos Transit Village, Victoria Island sleepless nights, the residents in

 

the government property are calling for due process over the move.

 

Read more...
 
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