Tag: #RealEstate
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GTEXT FOUNDER WARNS OF LIQUIDITY CHALLENGES IN NIGERIA’S REAL ESTATE SECTOR
The Founder of GText Holdings, Dr Stephen Akintayo, has identified liquidity challenges as a major concern affecting operators in Nigeria’s real estate sector. Speaking during the company’s 18th anniversary celebration in Lagos, Akintayo said real estate investments often require long-term capital commitments, making it difficult for some firms to maintain steady cash flow. He noted…
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FG TARGETS CHEAPER HOMES WITH LOCAL BUILDING MATERIAL HUBS
Building houses shouldn’t cost a fortune. The Federal Government says it’s moving to cut Nigeria’s rising housing costs by boosting local production of building materials through new manufacturing hubs across the country. Speaking at the 14th National Council on Lands, Housing and Urban Development in Ilorin, the ministry’s Permanent Secretary, Dr Shuaib Belgore, said the…
