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The Federal Inland Revenue Service (FIRS) has ordered all property owners and their agents to charge 6% Stamp Duty on all tenancy and lease agreements they enter into with all leasees and remit promptly to the Service. This was disclosed by the Director, Communications and Liason Department, FIRS, Mr Abdullahi Ahmad, in Abuja on Wednesday,…
The Federal Capital Territory Administration (FCTA) has suspended the processing and issuance of building plan approvals for Lugbe and all on-going developments in the district. The Director, Department of Development Control, Mukhtar Galadima, made the disclosure in a statement issued to journalists on Sunday in Abuja. Mr Galadima explained that the suspension had become necessary…
The warning from Leilani Farha, UN Special Rapporteur on the right to adequate housing, follows her 10-day visit to Africa’s most populous country. Newly built luxury dwellings are springing up throughout cities – made possible often through the forced eviction of poor communities – Independent UN rights expert, Leilani Farha Informal settlements were “ballooning” and…
Owning a home is a keystone of wealth… both financial affluence and emotional security.