Nigeria: An Analysis of the Challenges and Prospects in Real Estate Development in Nigeria

As a developing country, Nigeria's real estate sector ("the sector") is evolving at a tremendous pace. Governments at all levels are more aware of the role of real estate development in the growth of their respective territories. Nigeria's budding sectors such as telecommunications, agriculture, power, tourism have provided a veritable platform for the sector to thrive. Government agencies and private companies now have policies to assist their staff to…

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PROPERTY MAINTENANCE

PRIMEWEST PROPERTY MANAGEMENT /MAINTENANCE TEAM WHAT IS MAINTENANCE? Maintenance is defined as engineering actions which are necessary for retaining or restoring an equipment, machine or system to the specified condition to achieve its maximum useful life. Types of Maintenance are: Planned Maintenance (Proactive).Unplanned Maintenance (Reactive). You need to keep your equipments, machines or systems up to date and running efficiently without breakdowns by having and maintaining necessary documents such…

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LAND REGISTRATION IN NIGERIA: HOW TO PERFECT TITLE INSTRUMENTS TO LAND IN NIGERIA: THE LAND REGISTRATION PROCESS AND PROCEDURE:

What Is Important to Note about Land Registration in Nigeria? It is important for every land purchaser to understand that having a good title to land (what in layman terms is “ownership of land”) goes beyond merely paying money to buy a piece of land from a vendor and signing an “Agreement” expressed as an “Irrevocable Power of Attorney”. A land purchaser is required by law to “perfect” the…

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Buying a home in Nigeria, 10 steps to success

Buying a home in Nigeria, 10 steps to success Buying a house in Nigeria requires a lot of time and effort, Buying a home is an important milestone for anyone, but it can be intimidating when you’re not sure what to expect. A real estate deal is generally a long and stressful exercise that involves many steps and procedural formalities. Closing occurs when you sign the papers that make…

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