Top Locations Where Real Estate Prices Are Dropping in Nigeria in 2024

In 2024, while the real estate market in cities like Abuja, Lagos, and Port Harcourt continues to soar, certain areas in other parts of Nigeria are witnessing a decline in property prices. This decrease is driven by various factors including economic challenges, oversupply, and reduced demand. Here’s a look at key locations where real estate prices are falling and what…

FG charges estate surveyors to promote integrity

The Federal Government has called on estate surveyors and valuers to uphold excellence and integrity in their profession. The Minister of Housing and Urban Development, Ahmed Dangiwa, stated this during the inauguration ceremony of the newly constituted Estate Surveyors and Valuers Registration Board of Nigeria in Abuja recently. He emphasised the critical role of surveyors in housing delivery, urban planning,…

Dangiwa unveils social housing funding plan

The Minister of Housing and Urban Development, Ahmed Dangiwa, has disclosed that plans are underway to source funds from fuel subsidy removal and profits from the windfall tax to build houses for those without income, low-income earners, homeless, vulnerable, and underprivileged in society. Dangiwa stated this when the President and Chairman of the Committee on Construction Projects and Infrastructure of…

Where to Buy a House in Abuja

Abuja, the capital city of Nigeria, is a vibrant and rapidly growing metropolis, making it an attractive location for property investment. If you are considering buying a house in Abuja, you are likely interested in the best neighborhoods, real estate trends, and affordable housing options. This guide will help you navigate the Abuja property market and find the ideal home….

FG raises hope on renewed hopecities, estates scheme

The Federal Government has expressed optimism about the future of the Renewed Hope Citiesand Estates Programme, stressing the importance of quality construction and adherence to thehighest standards of construction. The Minister of Housing and Urban Development, Ahmed Dangiwa, who spoke at the launch ofthe 250 housing units under the Renewed Hope Estate, Oyo State, warned that the governmentwould not tolerate…

5 Things to consider when choosing a rental property

Renting a property as a single individual can be an exciting and liberating experience. Whether you’re a young professional starting your career, a student seeking off-campus housing, or simply looking for a change of scenery, the rental market offers a diverse range of options to suit your needs