Herisco UNIK Properties

30/09/2025

I got 1 reaction on my recent top post! Thank you all for your continued support. I could not have done it without you. 🙏🤗🎉

VALLEY VIEW VILLA, IFITE OGWARI, AYAMELUM, ANAMBRA STATE

30/09/2025

I gained 5 followers, created 5 posts and received 4 reactions in the past 90 days! Thank you all for your continued support. I could not have done it without you. 🙏🤗🎉

05/09/2025

*Property Owners to risk ₦1 million fine or up to 12 months imprisonment for lack of property insurance*

In August 2025, President Bola Ahmed Tinubu signed the Nigerian Insurance Industry Reform Bill 2025 into law.

Under the newly enacted Nigerian Insurance Industry Reform Act (NIIRA) 2025, it is now compulsory for owners and occupiers of public buildings (including residential apartments, commercial complexes, hostels, and shopping centers) to obtain insurance coverage against hazards such as fire, building collapse, storms, earthquakes, and floods.

*Key Provisions of the Act:*

- *Mandatory Insurance*: All public buildings must be insured to cover potential liabilities arising from structural failures or disasters.

- *Penalties for Non-Compliance*: Failure to comply may result in fines up to ₦1 million or imprisonment for up to 12 months.

- *Enforcement Measures*: The National Insurance Commission (NAICOM) is authorized to seal off non-compliant properties in collaboration with relevant authorities.

Ensure your property is compliant to avoid legal repercussions. Thank you.

Punch News Article here: https://punchng.com/landlords-risk-n1m-fine-jail-for-uninsured-buildings/

_Disclaimer: This information is provided for general information purposes only and is not intended as legal advice. Always consult a qualified real estate lawyer for guidance on property transactions._

Landlords and occupiers of public buildings across the country will be fined N1m, jailed for 12 months, or both if they fail to insure their properties

24/08/2025

24/08/2025

VALLEY VIEW VILLA, IFITE OGWARI, AYAMELUM, ANAMBRA STATE

09/05/2025

Enugu State Government House.

07/05/2025

1/2 HALF Plots of Land beside Gold Estate, Ayobo for Sale 12Million negotiable.

Contact:
08084457939

05/05/2025

1/2 Half of Land for Sale Beside Gold Estate, Ayobo.

Title: Deed of Assignment.
Price: 12Million (negotiable)

Real Estate solutions.