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Tag Archives: nigerian

ICRC, NPA commences review on Port Concession

ICRC

The Infrastructure Concession Regulatory Commission (ICRC) and Nigerian Ports Authority (NPA) have commenced in-depth study on the best mechanism for the review of 11 years old port concession. Mr. Chidi Izuwah, Acting Director-General, ICRC, made this known in the latest publication of the Nigerian Shippers’ Council (NSC) entitled: “The Shipper’’. The 26 terminals in Nigerian ports were concessioned to private ...

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15 house hunting struggles only Nigerians can relate to

15 House Hunting Struggles Most Nigerians Can Relate To

This list is a compilation of things most Nigerians who have gone house hunting sometime in the past have probably experienced. Please note that this list is my own light attempt at humour and trying to make you laugh after a hard day at work. Laughter as they say, is the best medicine; so feel free to laugh. House hunting ...

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OJB Jezreel’s property causes rift between wife and OJB’s family

OJB

The fight over the estate of late Nigerian music producer and singer, Babatunde Okungbowa otherwise known as OJB Jezreel seems to be getting messier. LIB reported that the late singer’s brother, Albert Okungbowa, has sued OJB’s first wife over the 5-bedroom property. The crisis which occurred last month revealed details of how the property located on Gbaja street, Surulere, Lagos ...

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Nigerian underwriters experience a boom in real estate investment

Nigerian underwriters experience a boom in real estate investment

Nigerian underwriters have continued to experience a boom in real estate investment in industry increased by N5 billion from N98.11 billion to N103.51 billion within a period of one year. According to the balance sheets prepared by the regulator, National Insurance Commission (NAICOM), five underwriting firms failed to pick interest in the blossoming real estate sector, while Mutual Benefits Assurance ...

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Recession: Sanusi Supports Sale of Assets

Sanusi supports sales of asset

Reports show that immediate past Governor of the Central Bank of Nigeria (CBN) and the Emir of Kano, Muhammadu Sanusi II, supports the sale of government assets to enable it pull the economy out of recession. Sanusi, who spoke in Lagos on Wednesday supported Aliko Dangote and Senate President, Bukola Saraki, who had earlier called on President Muhammadu Buhari to ...

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Tractor Showroom to be Established by Belarus in Katsina

Tractor Showroom to be Established by Belarus in Katsina

Ambassador of Belarus, Mr. Vicheslar Vasileric stated that the Republic of Belarus is to establish a tractor showroom in Katsina State. He said this  yesterday, shortly before he displayed some of the tractors and their accessories to Governor Aminu Bello Masari at the Government House. And so, the country has requested the state government to allocate Republic of Belarus with land to commence process for establishing the showroom. According to National Mirror, Vasileric said ...

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Residents Flee as Fresh Earth Tremor hits Kaduna Community

Residents Flee as Fresh Earth Tremor hits Kaduna Community

Reports show that another earth tremor on Tuesday rocked the Kwoi community in Jaba Local Government Area of Kaduna State, and the incident reportedly forced many residents to flee the community. A correspondent of Punch gathered that the Tuesday incident which occurred around 9am was accompanied by a heavy vibration. An earlier tremor had taken place on Monday around 3am. ...

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1,000 Buildings Marked for Demolition by Enugu Govt.

marked house

The Enugu State Capital Territory Development Authority, ECTDA said that 1,000 buildings within Enugu metropolis built on waterways, drainage channels, and on top of public utilities will be demolished in order to prevent the impending flood in the state. According to Vanguard, ECTDA said the primitive parcellation of land by the immediate past administration at Enugu State Housing Authority which gave ...

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Construction of 114 roads Created 55,000 jobs – Ambode

Ambode asks Councils to Submit 288 Additional Roads for Construction

Governor Akinwunmi Ambode , the governor of Lagos State  made it known yesterday that through the construction of 114 roads which his administration, in collaboration with local councils across the state, embarked upon early this year, over 55,000 direct and indirect jobs were created. Ambode who was represented by the Commissioner for Agriculture, Mr. Toyin Suarau at the official commissioning ...

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