PM News Nigeria


Flood kills 18, destroys property worth N700m in Kano

Kano State Governor Abdullahi Ganduje

The National Emergency Management Agency (NEMA) said no fewer than 18 persons lost their lives and property worth over N700 million destroyed by flood in Kano state in the past two weeks. This is contained in a statement by the North-West Zonal Coordinator of the agency, Alhaji Musa Ilallah in Kano on Saturday. According to […]

Fire destroys 40 shops in Ladipo auto market

Ladipo market this morning

No fewer than 40 lock-up shops with different auto spare parts worth millions of naira were on Wednesday morning destroyed by early morning fire at the Ladipo Auto-Market in Mushin, Lagos State. The Director, Lagos State Fire Service, Mr Rasak Fadipe, who confirmed this disclosed that the fire started at about 1 a.m. On April […]

Prices of building materials rise

Dangote Cement

A survey conducted in some major towns in Delta State between January and April reveals that the prices of some building materials recorded six percent increase due to the rise in the cost of transportation. The commodities surveyed during the period were sharp sand, iron rod, granite and cement blocks. The survey shows that a […]

Lagos threatens to shut properties over Land Use Charge

R-L: Commissioner for Finance, Dr. Mustapha Akinkunmi; Chairman, Lagos Internal Revenue Service (LIRS), Mr. Olufolarin Ogunsanwo; Commissioner for Information & Strategy, Mr. Steve Ayorinde and Chairman, Lagos House Committee on Finance, Hon. Yinka Ogundimu during a Press Conference on Tax Reforms in the State by LIRS at the Bagauda Kaltho Press Centre, the Secretariat, Alausa, Ikeja, on Tuesday, March 08, 2016

Kazeem Ugbodaga The Lagos State Government on Monday said it will shut down properties that defaults in the payment of Land Use Charge, LUC, and prosecute the owners of such properties. The Commissioner for Finance, Dr. Mustapha Akinkunmi who stated this at a press briefing in Lagos said the Land Use Charge was established by […]

2016 Budget: 10 States investing big in housing projects

Housing Budget

The newly appointed administration have estimated a total national budget of N6 trillion and have proposed N433.3 billion to be allocated to the power, works and housing sectors. Leading real estate portal, Lamudi Nigeria looks into 10 states of the Federation and how much of their state budget is estimated to be allocated towards housing […]

Ndidi Okereke, others illegally acquire NSE property

Ndidi Okereke

Akin Kuponiyi The suit instituted by The Nigeria Stock Exchange (NSE) against its former Director General Nididi Okereke Onyiuke and others to recover a building alleged to have been acquired illegally has been adjourned till 1st of March, 2016 for either report of settlement or hearing. Others joined as co-defendants in the ensuing property recovery […]

Building materials dealers want ban on importation of electric cables

electric cables

Some dealers in building materials have urged the Federal Government to ban the importation of electric cables. In separate interviews with the News Agency of Nigeria (NAN) in Abuja on Sunday, the traders said that Made-in Nigeria electric cables were the best. Mr Wilson Igbokwu said the home-made cables were the best in the world […]



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