Sunday, September 26

Tag: REDAN

AIB Releases Final Reports Of Four Previous Crashes
News

AIB Releases Final Reports Of Four Previous Crashes

The Federal Mortgage Bank of Nigeria (FMBN) on Wednesday said it disbursed more than N7 billion loan to 800 beneficiaries in 2017. Its Managing Director, Ahmed Dangiwa, disclosed this at the FMBN 2017 Management Retreat in Abuja, with the theme “Towards Improving FMBN Transaction Turnaround Time“. Dangiwa noted that the focus of the bank’s loan was to ensure completion of ongoing projects and recover FMBN financial outlay presently tied. He said that the bank recovered N2.4 billion in 2017 against a cumulative figure of N8.3 billion as at 2016. According to him, the retreat will underscore the intention of the new management for a quick positive turn-around in all facets of the bank’s operations. Dangiwa said that the bank was micro-managing some of the housing estates to fo...
New Land Survey Fees Begin In Lagos, Threaten Home Ownership
News

New Land Survey Fees Begin In Lagos, Threaten Home Ownership

Hopes of cheaper construction cost and land ownership for prospective property developers may still be a pipe dream going by fresh increase in land survey fees in Lagos area by the Nigerian Institution of Surveyors (NIS). The increase by Lagos chapter of the institution, which may act as a test bed for professional scale of fees in the built environment sector has ruffled feathers in the housing industry. Other professional bodies are watching how events will unfold, while experts and private developers foresee increase in lands and housing cost. The chapter had raised the land survey plan fees by over 300 per cent, starting from April 1. The fees cut across different zones of the state. For instance, Ikorodu, Epe, Badagry Ojo and Ajeromi Ifelodun local government that is currently N...

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