Tuesday, 25 September 2012

MAGAZINE
You think Lagos traffic is hellish? Then read this about Sau Paulo-Brazil's largest city. http://www.bbc.co.uk/news/magazine-19660765

Sunday, 23 September 2012

OPINION
RAISING DURABLE BUILDINGS by Constant Ngozi Ozurumba http://thewillnigeria.com/opinion/16273-RAISING-DURABLE-BUILDINGS.html

Wednesday, 19 September 2012

QUOTE OF THE DAY
The best investment on Earth is earth. -Louis Glickman

Monday, 17 September 2012

QUOTE OF THE DAY
There have been few things in my life which have had a more genial effect on my mind than the possession of a piece of land. -Harriet Martineau

Friday, 14 September 2012

NEWS
External Reserves hit 29-month high to close at $41.167 billion, increased by 12.74% when compared with previous month as it is favoured by rising oil prices above $115 per barrel.
News
UK firm plans to invest N77.89 billion ($500 million) in Real Estate, leisure and football services of the Nigerian economy in the next 6 to 9 months.

Thursday, 13 September 2012

INFO
Attend Real Estate Unite Lagos Conference & Awards today and tomorrow (13 and 14 September) holding at Civic Centre, Victoria Island. See Twitter @realestateunite
QUOTE OF THE DAY
Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy. -Marshall Field

Wednesday, 12 September 2012

QUOTE OF THE DAY
Landlords grow rich in their sleep. -John Stuart Mill

Thursday, 6 September 2012

INFRASTRUCTURE NEWS (NIGERIA)

FG To Splash N65bn On Phase Three Of 3-Lane Benin-Shagamu Expressway


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ABUJA, September 05, (THEWILL) - The Federal Government has endorsed the reconstruction of the remaining parts of the third phase of the Benin-Ofosu-Ore-Ajebandele-Shagamu Expressway.

The scope of work on the road — awarded to Messrs RCC Nigeria Limited in the sum of N65,223,155,642.34 and earmarked for completion within  36 months — would include the complete reconstruction of Kilometre9 to Kilometre18, and Kilometer75 to Kilometre 162 of the road, all of which will have three lanes on both carriage ways.

Labaran Maku, the minister of information flanked by Mike Onomelemen, minister of Works and Olajumioke Akinjide, minister of state for federal capital territory, briefed State House correspondents at the close of the Federal Executive Council (FEC) meeting, saying the contract was approved after a memo to council by the minister of works.

“The outstanding sections of the road are in disrepair; there is need to reconstruct them to ease traffic flow along the road,” Maku said. “The road, when rehabilitated, will not only improve the socioeconomic activities of the area but it will also reduce vehicle operating costs, travel time and accidents on the road.”

He further said the project, on completion, would create employment and improve the informal sector of the economy.

The FEC also approved the purchase of various search and rescue operation items for the National Emergency Management Agency (NEMA).

The items are: GSSI Life Locator by Messrs DAMS-A (Nig) Ltd in the sum of N161,406,388.00, Rapid Intervention Vehicles by Messrs DAN-CLINTON (Nig) Ltd in the sum of N400,551,272.00, Fully Equipped Emergency Rescue Vehicles by Messrs B.T.L Brothers Ltd in the sum of N251,680,000.00, and 328 sets of Helmets, Harness, Lanyards & Absorbers, Descenders, Fall Arrestors, Ascenders, Aluminum & Steel Carabineers to Messrs DOM Communications Ltd in the sum of N120,227,377.64.

“The rampant increase in the spate of disasters in the country has continued to stretch the resources of NEMA on terms of equipment and logistics,” Maku observed.

Similarly, the construction of Southern Parkway in the sum of N10.901,23bn was approved, bringing the total contract sum to N16.235 billion.

Speaking further, Maku explained that the FCTA has embarked upon the construction of the Southern Parkway from the Christian Centre S8/S9 to Ring Road 1, comprising 10 lanes, to complement the existing Northern Parkway in order to reduce traffic congestion.

The sum of N2.835 billion was approved for Phase II contract for the provision of infrastructure to Apo Estate layout by Messrs Cat Construction Group (Nig.) Ltd, bringing the total money to be spent on Phases I and II to N5.755bn.

The council also sanctioned the president's anticipatory approval for the Sagbama erosion control rehabilitation works in Bayelsa State in favour of Messrs. Nigerian Westminister Dredging and Marine Limited in the sum of N1.501bn, to be completed within 12 months.



From http://thewillnigeria.com/general/15969-Splash-N65bn-Phase-Three-Three-Lane-Benin-Shagamu-Expressway.html
ON VALUE
“At a time when all the other builders were selling homes with basements but without carports, we would sell homes without basements and with carports. This allowed us to provide a more appealing product at a lower price. In other words, we felt we would be giving customers greater value.” - Eli Broad

Monday, 3 September 2012

QUOTE OF THE DAY
I always felt very secure and very safe with real estate. Real estate always appreciates.–Ivan Trump