Governor Umo Eno of Akwa Ibom State has addressed concerns surrounding the multi-billion naira 18-storey Ibom Towers project in Lagos. Amidst criticisms from individuals and Civil Society Organisations (CSOs) about potential capital flight from Akwa Ibom State, Governor Eno has reassured the public of the project’s benefits. During the project’s flag-off in Victoria Island, he Read More…
In a bid to address the reported land dispute between RevolutionPlus Property Ltd. and customer Mr. Kayode Oladipo, the Lagos State Government, through the Lagos State Real Estate Regulatory Authority (LASRERA), has launched an investigation. Mrs. Adeoti Sobowale, Deputy Director, Public Affairs, LASRERA, confirmed the move, stating, “Following a directive by Gov. Babajide Sanwo-Olu, the Read More…
The Lagos State Government has taken a firm stance to clamp down on illegal real estate practitioners operating within the state by the year 2024, ensuring stringent compliance with regulations set by the Lagos State Real Estate Regulatory Authority (LASRERA). At a stakeholders’ engagement and interactive session organised by LASRERA in Lagos, Barakat Odunuga-Bakare, the Read More…
The Monitoring, Enforcement, and Compliance Department of the Ministry of the Environment and Water Resources (MOE&WR) initiated the demolition of illegal structures along the Gbagada-Oshodi Expressway on Sunday. This action, carried out under the directives of the Commissioner for the MOE & WR, Mr. Tokunbo Wahab, addresses the conversion of these structures into living spaces Read More…
The Lagos State Government has implemented measures to combat the skyrocketing prices of building materials, with the aim of expediting ongoing construction projects and promoting the delivery of affordable housing. Mr. Moruf Akinderu-Fatai, the Commissioner for Housing, expressed his concerns during a site inspection of three estates under construction in Eti-Osa Local Government. He lamented Read More…
The Lagos State House of Assembly has taken swift action to address concerns regarding land reclamation activities in Park-View Estate, Ikoyi. In response to the pressing issue, the House inaugurated a nine-man ad-hoc committee to investigate the matter and provide viable solutions. During a plenary session held on Thursday, Mr Gbolahan Yishawu (Eti-Osa II) brought Read More…
A Lagos State official announced on Tuesday that it would file a lawsuit against obstinate developers who routinely disregard physical planning regulations and violate government seals. This was stated by Mr. Kehinde Osinaike, General Manager of the Lagos State Physical Planning Permit Authority (LASPPPA), during an enforcement operation of the authority on Kusenla Way, Ikate Read More…
Lagos State is a top destination for real estate investors and investees, according to Mrs. Toke Benson-Awoyinka, special adviser to Lagos State Governor Babajide Sanwo-Olu on housing. This was said by Benson-Awoyinka during a presentation at the Second Edition Stakeholders Summit of the Real Estate Developers Association of Nigeria (REDAN), Lagos State Chapter, which took Read More…
The Lagos State Government has decided to take proactive measures to curb hazards in high-rise buildings and construction sites across the state. A one day Sensitisation and Awareness Programme for facility managers held on Monday by the Lagos State Safety Commission, at the Lagos State Government Secretariat, Alausa, Ikeja, with the theme ‘Risk Management in Read More…
The Lagos State Government has said that deliberate policies and actions are ongoing to restore activities to the real estate sector of the state economy. Special Adviser to Gov. Babajide Sanwo-Olu on Housing, Mrs Toke Benson-Awoyinka, stated this at the Lagos Chamber of Commerce and Industry (LCCI) Real Estate Outlook 2022 webinar, on Tuesday. The Read More…
