Home » Tag Archives: Babatunde Fashola

Tag Archives: Babatunde Fashola

Fashola calls for support to end Apapa traffick gridlock and port congestion

Fashola calls for support to end Apapa traffick gridlock and port congestion

“The Minister of Power, Works and Housing, Mr Babatunde Fashola, on Thursday in Lagos called for the collaboration of all stakeholders to tackle traffick gridlock and port congestion and other problems in Apapa and its environs.”- The Guardian Fashola made the call at a stakeholders meeting on the ongoing Apapa Wharf Road reconstruction project in Surulere. The stakeholders at the ...

Read More »

Nigeria’s electricity reform law almost perfect – Fashola

Nigeria’s electricity reform law

“The Electric Power Sector Reform Act that was passed in 2005, which serves as Nigeria’s electricity reform law, is one of the best in the world and is almost perfect, the Minister of Power, Works, and Housing, Babatunde Fashola, has said.”- Punch He stated this at the 2017 Power Africa Nigeria Conference in Abuja on Thursday, adding that nothing was ...

Read More »

Onalaja urges Federal Government to carry out reforms in housing sector

reforms in housing sector

The Federal Government has been urged  to carry out reforms in housing sector ; facilitate the amendment of the Land Use Act and create enabling environment for private developers to assist government in tackling the consistent problems of housing deficit in Nigeria-  The Tribune Bamidele Onalaja, the Chief Executive Officer of RevolutionPlus Property Development Company, made the appeal recently in Lagos during ...

Read More »

Dangote Group denies 10-year tax waiver agreement

Dangote Group denies 10-year tax waiver agreement

“The Dangote Group has said that it will not benefit from a 10-year tax waiver reportedly granted it by the Nigerian government.”- Premium Times Speaking in Lagos on Monday, the Group Executive Director, Strategy, Portfolio Development and Capital Projects, Dangote Industries Limited, Devakumar Edwin, said the company has never benefited from any tax waiver or credits except when it is ...

Read More »

Wema Bank promotes home ownership for youths

Wema Bank promotes home ownership for youths

“Wema Bank promotes home ownership for youths. It has reiterated its commitment to give the millennials (the youths) the opportunity to save and have their own homes, own cars or go on vacation.”- The Nation Armed with over seven decades experience on providing banking services, Wema Bank introduced an insight-driven, innovative digital offering to Nigerians earlier in the year. The ...

Read More »

Federal Government to reintroduce tolling on the nation’s highways

Federal Government to reintroduce tolling on the nation’s highways

Punch reports that the Federal Government on Monday said it would reintroduce tolling on the nation’s highways to raise the much needed funds to maintain the roads. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, stated this while addressing members of the Manufacturers Association of Nigeria, who visited him in his office in Abuja. The minister’s position may ...

Read More »

Exchange of letters for the transfer of title to land

exchange of letters for the transfer of title to land

“In compliance with the agreement reached between the Federal  and state governments at the 2016 meeting of the National Council on Lands, Housing and Urban Development, held in Ilorin, Kwara State, last year,  where it was resolved to facilitate the use of exchange of letters for the transfer of title to land when states are transferring land to the Federal ...

Read More »

Federal Government grants Dangote Group 10-year tax incentive

Dangote Group 10-year tax incentive

According to Premium Times, the Nigerian government has granted Dangote Group 10-year tax incentive for the construction and rehabilitation of roads, Minister of Power, Works and Housing, Babatunde Fashola, has said. Mr. Fashola made this known while speaking at the Businessday Road Construction Summit, held in Victoria Island, Lagos, on Friday. Mr. Fashola, who disclosed that construction of the Apapa to Oworonshoki ...

Read More »

Experts tackle Federal Government on neglect of housing sector

housing sector

“Some leading stakeholders in the built environment have decried the seeming neglect of the housing sector by the Federal Government.”-Independent Those who spoke with INDEPENDENT hinged their submission on the non-challant disposition of the Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola on the developmental growth of the housing sector even as they frowned at the Federal Government’s ...

Read More »

Housing sector : Developers still see gloom despite exiting economic recession

17 million housing deficit

“IN spite of the cheering news that the country is getting out of  economic recession, the bleak outlook of the housing sector of the nation’s economy will remain a major cause for concern for real estate developers and the survival of their businesses in the country.”- Vanguard This is because developers have been churning out housing units in different parts ...

Read More »