Housing cost rises as surveyors raise fee

Latest review of guidelines by surveyors in Lagos State, in which land survey fee was raised by 300 per cent, is generating concern among other stakeholders in the sector. DAYO AYEYEMI reports     The recent 300 per cent increase by in cost of service fee by the Nigerian Institution of Surveyors (NIS), Lagos State chapter, is raising lots of dust among other stakeholders in the built environment. While some see the increment as a step in the right direction, others have had to query the rationale behind it at…

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Architects : It’s criminal to engage non-professionals

Anyone that engages the services of non-professionals in building design is committing a criminal offence, design experts under the auspices of the Nigerian Institute of Architects (NIA), Lagos chapter, have said. Chairman, Lagos NIA, Mr. Fitzgerald Umah, stated this in Lagos. He spoke against the backdrop of incessant building collapse in the country, especially Lagos State, with attendant loss of lives and properties. He pointed out that noninvolvement of right professionals in building design and management was a major cause of building collapse in the country, adding that various investigations…

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NMRC, developers laud Nigeria’s House Price Index

The Nigerian Mortgage Refinance Company (NMRC) and developers of Lekki Gardens have thrown their weight behind the takeoff of Roland Igbinoba House Price Index (RI), the first in the country. Executive Director of NMRC, Mr.Kehinde Ogundimu, who represented his managing director, gave insight into the usefulness of a house price index in Lagos. He pointed out that absence of useful data had been a major challenge to government, home seekers and investors in the drive to make decision about housing market. He lauded President of Pison Housing Company, Mr Roland…

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House prices fall 28% in Lagos, 58% in Abuja

House prices have continued to nosedive in some locations in Lagos and Abuja despite efforts to revamp the economy by the Federal Government. According to findings by New Telegraph, house prices in Agege, Ajah, Ibeju-Lekki in Lagos have fallen by 8.6 per cent, 28.6 per cent and nine per cent respectively due to low purchasing power of home seekers and general recession in the economy. Also, five-bedroom houses in Jabi, Abuja, have nose-dived by 58 per cent in first quarter of 2017. Besides, rental values in these locations also fell…

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Backlog of C-of-O: Landlords flay Ogun Homeowners’ Charter

It is no longer news that the Ogun State government under the administration of Governor Ibikunle Amosun has commenced the Homeowners’ Charter initiative to grant some property owners the required building approvals and Certificates of Occupancy (C-of- O) to establish their ownership of the property. However, three years after, thousands of property owners, who subscribed to the programme, are yet to collect their titles, making many to believe that the initiative is a scam. New Telegraph gathered that over 200,000 residents subscribed to the scheme while less than 23,000 C-of-O…

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Ogunleye to govt: Enforce National Building Code compliance

Worried by plethora of substandard buildings in Nigerian urban centres, promoters of Lagos International Housing Fair, led by its Chairman, Mr. Moses Ogunleye, have called on the government at all levels to enforce compliance of the Nigerian Building Code (NBC) to guard against incessant collapse of buildings. Noting that review of the building code requires executive endorsement, the built environment expert enjoined the Federal Executive Council to speedily pass it for effective operation to give direction to state and local government for the full implementation. Ogunleye also appealed to the…

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Builders asked to upgrade skills on housing mgt

Professionals under the auspices of the Nigerian Institute of Building (NIOB) have been advised to hone their skills in core area of housing management. Besides, members of the public and private clients were also enjoined to embrace use of construction methodology document duly prepared by registered builders for their construction works. Speaking at a two-day Mandatory Continuous Professional Development Programme (MCPDP 2017) of the institute, President of NIOB, Tijjani Shuaib, noted that the use of construction methodology on building projects in Nigeria with its attendant advantages was not yet broad,…

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Q1: Housing sector unimpressive

The nation’s economic woes crept into the housing industry, resulting in rise in building material prices and low construction activities. DAYO AYEYEMI writes   Ninety days into 2017, no impressive results have been recorded in the property sector as new projects are being suspended, while existing ones are yet to receive attention owning to cash-crunch. The real estate’s contribution to Group Domestic Products (GDP) in the last quarter (Q4) of 2016 was 7.59 per cent compared to 8.26 per cent in Q4 of 2015, representing 5.8 per cent increase. However,…

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Firms, individuals tasked on sustainable safety culture

The American Society of Safety Engineers, Nigerian chapter, has called on companies, organisations and individuals to embrace strong and sustainable safety culture in work places. The association, which drew safety operators from Nigeria and the parent body globally, warned on safety-related matters and global best practices required to change the outlook of safety in the country. Leading the talks in Lagos, General Manager, Upstream Nigeria Safety, Health and Environment, ExxonMobil, Mrs. Carol A. Antaih, called on all the participants to focus on building a strong and sustainable safety culture for…

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Battle against illegal settlements rages in Lagos

Effort to improve quality of life in Nigerian cities and ensure environmental safety is pushing the government against inhabitants of illegal settlements/shanties. Dayo Ayeyemi writes     If the latest ranking of Lagos and Abuja as 212th and 213th out of 231 cities assessed under the 2017 Mercer Quality of Living Rankings for cities is anything to go by, Nigerian government at the federal and state levels would need to double their efforts to improve environmental condition of the cities to enhance their livability index. This is due to the…

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