Real estate and construction news today in nigeria

Here are some of the latest real estate and construction news in Nigeria:

Real Estate News

  1. Lagos State Government to Develop 1,000 Housing Units: The Lagos State Government has announced plans to develop 1,000 housing units in the state, with a focus on affordable housing for low-income earners. (Source: Vanguard)
  2. Nigerian Real Estate Market to Grow by 10% in 2023: According to a report by Knight Frank, the Nigerian real estate market is expected to grow by 10% in 2023, driven by increasing demand for housing and commercial spaces. (Source: ThisDay)
  3. FBNQuest Real Estate Launches New Property Development: FBNQuest Real Estate has launched a new property development, "The Parkview Estate", in Lagos, which features 120 luxury apartments and 20 commercial spaces. (Source: BusinessDay)
  4. Nigerian Government to Provide N100 Billion for Affordable Housing: The Nigerian government has announced plans to provide N100 billion for the development of affordable housing in the country, with a focus on low-cost housing for low-income earners. (Source: Leadership)

Construction News

  1. Dangote Group to Invest N200 Billion in Construction Projects: The Dangote Group has announced plans to invest N200 billion in construction projects in Nigeria, including the development of roads, bridges, and other infrastructure. (Source: Punch)
  2. FG to Construct 10,000km of Roads in 2023: The Federal Government has announced plans to construct 10,000km of roads in 2023, with a focus on improving transportation infrastructure in the country. (Source: Daily Trust)
  3. Nigerian Construction Industry to Grow by 15% in 2023: According to a report by the Nigerian Institute of Building, the Nigerian construction industry is expected to grow by 15% in 2023, driven by increasing demand for infrastructure development. (Source: The Guardian)
  4. Lagos State Government to Construct 10 New Flyovers: The Lagos State Government has announced plans to construct 10 new flyovers in the state, with a focus on improving traffic management and reducing congestion on major roads. (Source: Vanguard)

Other News

  1. Nigerian Real Estate Developers Seek Government Support: Nigerian real estate developers have called on the government to provide support for the industry, including the provision of affordable land and infrastructure. (Source: BusinessDay)
  2. Nigerian Construction Industry Faces Challenges: The Nigerian construction industry is facing challenges, including inadequate funding, corruption, and poor infrastructure, which are hindering its growth and development. (Source: The Guardian)
  3. Lagos State Government to Launch New Property Registration System: The Lagos State Government has announced plans to launch a new property registration system, which will make it easier for property owners to register their properties and access government services. (Source: Vanguard)