Property Request!

Our client requires 2 units of 2 bedroom serviced flats in Lekki Phase 1, Lagos for immediate rental. Properties must be strategically situated. Budget is between N2m - N2.5m. Call 08023141044 for further inquiries.

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Informal sector leads job creation in Nigeria

According to the International Labour Organisation (ILO), Africa’s working-age population is estimated to have reached over 490 million in 2012, representing a quantum leap of 259% since 2000 at an annual compound growth rate of 2.8%. Therefore, employment of the continent’s teeming labour population is key to economic development within the region and indeed, globally. Sub-Saharan Africa’s absorption of its working-age population in employment compares favourably to other regions as contained in the ILO’s 2013 global employment trends report.Subsequently, total estimated number of jobs created in the Nigerian economy for the first quarter of 2013improved by 12% over the previous quarter. This development, in line with the latest job creation report released by the National Bureau of Statistics (NBS), indicate that 174, 326 new jobs were added to the nation’s economy. Overall, conducting quarterly labour force surveys is a positive trend for Nigeria considering ...

Ogun plans low cost housing scheme

The Ogun State Housing Corporation has said that it is planning to deliver low and middle income housing estates across the state. In a statement, the corporation said its flagship scheme, Plainfields Estate, was already being developed as a community housing prototype that would provide the citizens an opportunity to buy into its plan over the next few years. According to the statement, the estate will, upon completion, have a variety of apartment units. The statement read in part, “The corporation will deliver houses and serviced plots across the three senatorial districts, but will avoid a blanket approach. “This means that these projects will be tailor-made to suit the needs of the locality and the market. Everyone who has recognisable means of livelihood in the formal and informal sectors is qualified to buy. “However, the corporation is keen to help those who need mortgages and who are first time buyers. Because our objective is to encourage home owne...

What Can I rent? - 35 Minutes From Mile 2 To Marina Via Light Rail

Light rail showing the station at LASU along Lagos-Badagry Expressway By the time the Blue Line of Lagos’ light rail project is completed (by June 2013 according to Lagos State Governor Raji Fashola ), from Mile 2, Amuwo-Odofin, Festac Town and Satellite Town one will be able to get to Marina in about 35 minutes! The Blue line will connect Marina to Okokomaiko, with stations at Marina, Ebute Ero, Iddo, National Theatre, Iganmu, Alaba, Mile 2, Festac, Alakija, Trade Fair, Volkswagen, LASU and Okokomaiko for commuters to board or alight. We therefore take a look at the Estates along the axis such as Amuwo Odofin, Festac and Satellite Town in order to reveal what is available for rent in the property market along Badagry Expressway. Amuwo Odofin: There are a number of LSDPC low cost housing estates in this area, including the Amuwo Odofin Estate which was built by former Lagos State Governor Lateef Jakande. Amuwo-Odofin Low Cost Housing Estate has hundreds of 2-storey b...

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