• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, March 23, 2023
Leadership News
Read in Hausa
  • Home
  • 2023 ElectionsLive
  • News
    • World News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • 2023 ElectionsLive
  • News
    • World News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership News
No Result
View All Result

Experts Attribute Housing Scam To Fake Developers

by Moses Orjime
2 months ago
in Business
Reading Time: 1 min read
Money Laundering: ICPC Calls For Self-regulation By Estate Developers
Share on WhatsAppShare on FacebookShare on TwitterTelegram

Experts in the housing sector has attributed the rising case of housing scams to fake developers who only want to swindle gullible subscribers, experts in the built industry have said

This reaction is coming days after some aggrieved civil servants staged a protest over a failed N1bn housing scheme for public servants.

They claimed that in 2014, the then Federal Capital Territory Minister, Bala Mohammed, and the leadership of the Nigeria Labour Congress had collaborated with a property developer, Good Homes Development Company, to develop 680 hectares of land allocated by the Federal Government to public servants.

But speaking on the issue, the executive director, Housing Development Advocacy Network, Festus Adebayo, said non-regulation of the real estate sector had made it accessible for fraudulent developers, who swindled unsuspecting home seekers.

Adebayo, who spoke in an interview, said, “Fake estate developers are the cause of the problem. It is time for our government to create laws that will protect consumers of real estate products. Many people in Diaspora and in Nigeria are becoming victims.

“Who is protecting the real estate consumers? Who is regulating the sector? We need answers if we must bring sanity to the activities in the sector.

RELATED

Winners Emerge In Cadbury Season 4 Competition

Winners Emerge In Cadbury Season 4 Competition

3 hours ago
Dangote Sugar Boosting Shareholders Value

Dangote Cement Earmarks N340bn Dividend Payment To Shareholders

9 hours ago

“Housing scheme was to help civil servants own a home of their choice but it is like it was not properly planned to achieve that objective. No land, no funding and few fraudulent characters used it to dupe some innocent subscribers.”

SendShareTweetShare

paygate
Previous Post

Insecurity: NRC Seeks Deployment Of Additional Security Operatives

Next Post

Naira Exchange Could Impact 54.2% Unbanked Negatively – Report

Moses Orjime

Moses Orjime

YOU MAY LIKE

Winners Emerge In Cadbury Season 4 Competition
Business

Winners Emerge In Cadbury Season 4 Competition

3 hours ago
Dangote Sugar Boosting Shareholders Value
Business

Dangote Cement Earmarks N340bn Dividend Payment To Shareholders

9 hours ago
Elections: Electronic Banking Channels To Remain Open – CBN
Business

CBN Disburses N1.09trn Anchor Borrowers’ Loans In 2 Months

10 hours ago
Next Post
5 Most Lucrative Businesses In Nigeria For 2023

Naira Exchange Could Impact 54.2% Unbanked Negatively – Report

ADVERTISEMENT

LATEST UPDATES

100m Hungry Nigerians Our Party’s Structure – Peter Obi

UPDATED: Keyamo Demands Peter Obi, Baba-Ahmed’s Arrest Over Alleged Incitement, Petitions DSS

March 23, 2023
NANSE Congratulates Zamfara Gov-elect, Advises Against Neglect Of Students

NANSE Congratulates Zamfara Gov-elect, Advises Against Neglect Of Students

March 23, 2023
Illicit Drugs: NANSE Confirms Arrest Of 50 Nigerian Students In Cyprus

Illicit Drugs: NANSE Confirms Arrest Of 50 Nigerian Students In Cyprus

March 23, 2023
Obi/ Baba- Ahmed Ticket: Can They Cause An Upset?   

JUST-IN: Keyamo Reports Peter Obi, Baba-Ahmed To DSS Over Alleged Calls For Rebellion 

March 23, 2023
Rehabilitation Of Apapa, Tin-Can, Other Ports To Cost $800m – NPA

NPA Remittances To Federation Account Rises To N91bn

March 23, 2023
Coalition Storms INEC Headquarters In Kaduna, Seeks Review Of Guber Poll Result

Coalition Storms INEC Headquarters In Kaduna, Seeks Review Of Guber Poll Result

March 23, 2023
Aviation Sector Records Double Growth In 7 Years – Sirika

JUST-IN: Nigeria Air To Begin Operations Before May 29 – Minister

March 23, 2023
Timi Frank Urges US, UK, EU To Stop Buhari, INEC From Postponing Elections

Buhari Assents Copyright, Medical Laboratory College Bills

March 23, 2023

© 2023 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • 2023 Elections
  • News
    • World News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2023 Leadership Media Group - All Rights Reserved.