Tag Archives: development

In the real estate industry, Nigeria is experiencing rapid urbanization, with an estimated annual national population growth rate of just over 2% and an annual urban population growth rate of about 4%. The population is becoming more and more focused to the urban areas, towns and cities with just under 50% of the population living in urban areas — and ...

Mr Adeniyi Akinlusi, President, Mortgage Banking Association of Nigeria (MBAN), on Wednesday urged exploration of the potentials in the real estate sector to aid economic development and alleviate poverty. Akinlusi, who made the call in an interview with the News Agency of Nigeria (NAN) in Lagos, said that there were untapped resources in the real estate and construction industry. He ...

The Federal Government says it is committed to investing about N1.3 trillion annually on capital projects to bridge the infrastructure gap needed to attract investments into the country. The Minister of Finance, Kemi Adeosun, who disclosed this in Abuja on Tuesday, said government’s commitment to solving the infrastructure development challenges in the economy was firm. The minister was speaking in ...

According to Nigeria Today, stakeholders in the Nigerian oil and gas industry have identified the dearth of infrastructure as the biggest challenge facing the sector. Consequently, the call has been the need to urgently focus on addressing this key sector, with the private sector favoured to be the driver. In this report, FESTUS OKOROMADU writes on the need to help ...

Youth leaders in the Niger Delta on the platform of Niger Delta Ethnic Nationality Youth Leaders, have urged the Federal Government to urgently commence the construction of Gas Revolution Industrial Park, GRIP Project, Ogidigben, Delta State, Export Processing Zone, Cross River State, Brass Fertilizer Project in Bayelsa State and the Nigerian Maritime University, NMU, in Warri South-West Local Government Area in ...

The Vice President of Nigeria, Prof. Yemi Osinbajo said on Tuesday, that Nigeria is working with stakeholders to raise one trillion Naira to provide affordable housing for Nigerians. According to Vanguard, the vice president said this at the 22nd Nigerian Economic Summit (NES) in Abuja, when he chaired a Roundtable on Job Creation, Skills and Employment at the summit. Vanguard reports that he said ...

According to Vanguard, the Bank of Industry, BoI, has signed a $2 million agreement with the United Nations Development Programme, UNDP, to provide solar-powered electricity to no fewer than six communities in six states of the federation. Vanguard reports that, the Acting Managing Director of BoI, Mr Waheed Olagunju, while speaking at the signing of the Memorandum of Understanding, MoU, ...

The Federal Government said it would fight corruption and ensure elimination of waste in the execution of Sustainable Development Goals, SDG, projects across the country. The Minister of Education, Adamu Adamu, stated this in Abuja yesterday, while declaring open a 3-day SDGs Task Team Implementation meeting. According to Vanguard, the Minister said: “The current economic realities of Nigeria demands judicious ...

At the 17th anniversary of the Citizens Mediation Centre (CMC), which coincided with the anniversary of International Day of Peace, stakeholders in the justice sector urged Nigerians to embrace peace for the country to achieve sustainable political and economic development. According to The Nation, the stakeholders are: Lagos State Governor Mr. Akinwunmi Ambode, Justice Habib Abiru of the Court of Appeal, who ...