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Tag Archives: GDP

Experts in built environment seek an efficient facility management system


Experts in the built environment have advocated for an efficient facility management system as a means of sustaining national infrastructure across the country. Speaking to LEADERSHIP in Abuja, vice chairman of Council of Registered Builders of Nigeria (CORBON), Bldr. Samson Opaluwah noted that the cycle of failure of national infrastructure and facilities soon after commissioning could only be prevented by ...

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Review of Ambode’s commitment to changing the face of Lagos


LAGOS – One major index of social change and development today, especially in Africa, is infrastructure development as particularly epitomized by the construction of roads and bridges. No nation can boast of having achieved development if a large percentage of her roads are impassable. Infrastructure development is critical to achieving human capital development in any society. The economic impact that ...

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Udoma insists FG can’t build critical infrastructure alone

Udoma insists FG cant build critical infrastructure alone

The Minister of Budget and National Planning, Senator Udo Udoma, has told the leadership of the National Assembly that since government alone cannot shoulder the provision of critical infrastructure and provide investment capital needed to drive the process, it has decided to not just partner with the private sector for investment funds, but also make the environment attractive to investors. ...

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The Effect of Recession on Property Management Practice in Nigeria


Property management is an act of inter-mediation between owners and occupiers on issues affecting the parties arising from ownership and occupation of buildings. It is a conscious process of guiding and tailoring an investment in land into profitable venture. Its main concern is the optimization of the owners’ investment. On the other hand, an economy is said to be recessed ...

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Financial experts endorse movable assets as collateral at CIBN forum

movable assets as collateral

“The signing into law of the bill for using movable assets as collateral, popularly known as Collateral Registry Act has been described as moves in the right direction, by financial experts.”- The Guardian The law, which came on the realization that small business, estimated to have employed over 60 million Nigerians and accounted for 48 per cent of the nation’s ...

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Kano state to grant land and tax incentives to investors

Kano state to grant land and tax incentives to investors

Gov. Abdullahi Ganduje of Kano State on Wednesday says the state is ready to grant land and tax incentives to investors, to revolutionise agriculture and promote investments in various sectors. Ganduje said this at the 2017 Annual General Conference of the Nigerian Bar Association (NBA) in Lagos with the theme “African Business: Penetrating through Institution Building’’. The governor spoke at ...

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Nigeria lures state government with PPP model to take over federal roads

federal roads

“Nigeria Government moves to permit states government to take over federal roads in the country and rebuild them in partnership with the private sector, if necessary. At the Niger Investment Summit, Nigeria’s Acting President Yemi Osinbajo disclosed that, President Buhari has given approval that any state that seeks to construct a vital federal road can do so even it is ...

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Financial Sector loans to housing industry yet to pick up

Dr Okonkwo says real estate industry needs financing like others

“The volume of financial packages in the forms of loans and mortgage finances, which Nigerian banks traditionally provide to the country’s housing industry remain very low and yet to pick up from the country’s decent into an economic recession, the Nigerian Institute of Architects (NIA) has indicated.”- This Day According to NIA, though the federal government had insisted that Nigeria ...

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FG to open 100,000 hectares of irrigable land


The Nation reports that the Federal Government is planning to open up a minimum of 100,000 hectares of irrigable land through the 12 River Basin Development Authorities by 2020 to achieve food security. The plan is contained in Nigeria Economic Recovery and Growth Plan 2017-2020 (ERGP), a copy of which was obtained from the Federal Ministry of Budget and National ...

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