Nigeria Housing Minister Must Fight These 3 Monsters

Nigeria Housing Minister Must Fight These 3 Monsters The Minister of Lands, Housing and Urban Development, (LHUD), Ms Amal Pepple, was reported recently to have said that her “passion is to propel the ministry towards the provision of social housing for Nigerians”. She went further to say, (according to the reports) “we must begin to focus on the provision of low-income houses that would be affordable to ordinary Nigerians. I have a passion to address the housing needs of this category of Nigerians”. This piece of news must have gladdened... Read More...

Understanding The Lagos Tenancy Bill

Understanding The Lagos Tenancy Bill

There is not much difference between the new Lagos tenancy bill recently passed by the House of Assembly and the rent edict of Buba Marwa of 1997.

The prohibition of the collection of advance rents for more than One (1) year is in section four(4) of the existing edict which has not been repealed!. The new law has only increased the fine to N100,000 as against N50,000 in the old edict probably in line with inflation and present value of money. I therefore wonder why many are rejoicing about... Read More...

Why We Lack Maintenance Culture in Nigeria

Why We Lack Maintenance Culture in Nigeria

John arrived at the Muritala Mohammed International Airport at about 6:30pm on board a British Airways Plane.  He had hoped to collect his baggage within a few minutes and dash off to see his parents who he had not seen for over ten years.  But he was expecting too much for the luggage would not come out until about two hours.  What’s up?  He exclaimed!  The conveyor belt was not working.  The luggage had to be manually carried from the plane to the baggage claim hall.

 

While... Read More...

Cement – Suffering in the Midst of Plenty

Cement – Suffering in the Midst of Plenty

Nigeria is like the proverbial child of the potter who doesn’t have a pot to cook! This is a country with plenty of crude oil but experiences fuel scarcity regularly because we are unable to refine the crude to produce sufficient fuel for our daily consumption. With purposeful leadership, we should not only be producing enough for our needs but we should be exporting to all other west African countries and beyond. The Gods are definitely not to be blamed!

In the same vein, Nigeria is... Read More...

Nigerians and the “BQ” Mentality

Nigerians and the “BQ” Mentality

Chief Kola Akomolede, Principal Partner

A client had wanted to buy a flat at the 1004 Estates recently and I took him out on inspection at the estate. He would... Read More...