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Tag Archives: Nigerians

Chinese firm set to invest $300m in mass housing scheme

housing scheme

Steven Kim, Director, One Belt and One Road, Financial Operation Office, China, says Chinese government through his organisation will invest 300 million dollars in Nigeria’s mass housing scheme soon. He made this known at a news briefing organised by Zvecan Homes and Estates on Tuesday in Abuja. Mr. Kim noted that his organisation was collaborating with Zvecan Homes and Estate ...

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NBS records 2,598 road accidents deaths in 6months

NBS

No fewer than 2, 598 Nigerians died in road accidents between October 2017 and March 2018, according to the National Bureau of Statistics (NBS). The NBS disclosed this in the Road Transport Data for the 4th quarter, 2017 and 1st quarter, 2018, posted on its website. The breakdown showed that 1, 306 Nigerians died in road accidents in the fourth ...

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NIESV seeks reliable data in housing sector

NIESV

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has disclosed plans to create verifiable data for prospective investors in the housing sector. Chairman of the Lagos branch of the institution, Rogba Orimolade, stated this yesterday during a courtesy visit to The Guardian in Lagos. He said the initiative, to be spearheaded in Lagos, would address the shortfalls in the ...

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Four police cadets, 2 others die in ghastly motor accident

police cadets

At least six people including four police cadets have been killed in a ghastly motor accident on Kano-Kaduna Expressway on Sunday. Confirming the incident in Zaria, Kaduna State, the Unit Commander, Federal Road Safety Corps (FRSC), Zaria, Muktar Zubairu, described the incident as unfortunate and pathetic. He said the accident involved two vehicles; a J5 bus with registration number: KMC ...

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Estate cooperative delivers massive affordable housing plans

cooperative

A property and investment firm, Perfection Real Estate Investors Cooperative Society has revealed plans to make available to Nigerians, affordable mass housing scheme that will help in addressing the challenges of homelessness. At a quarterly meeting of the cooperative members in Lagos, the president, Niyi Adeleye said the property and investment firm was on a rescue mission to help many ...

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Delta community loses properties worth millions of naira to rainstorm

Millions of naira

Properties worth millions of naira have been destroyed by rainstorm which wreaked havoc in Alifekede Community in Ika South Local Government Area of Delta State. Consumable goods like garri, yams, pineapples among others were lost to the rain which destroyed the foodstuffs while valuable property such as houses, electricity poles, and economic trees among others worth over N100 millions of ...

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Engineers call for integrity tests on buildings

Engineers

To ensure stability of buildings, engineers under the aegis of the Nigerian Institution of Structural Engineers (NIStructE) has called for a policy that will ensure that integrity tests are carried out on buildings above ten years. President of NIStructE, Edward Atumonyogo, told The Guardian shortly after the institution’s visit to Planet Project, the firm handling the construction of three terminals ...

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FMBN repositions itself for affordable mortgage financing

NHF

The aggressive delivery of affordable housing for low and medium income earners appears to be the fulcrum on which the Federal Mortgage Bank of Nigeria (FMBN) is trying to reposition itself for leadership in mortgage financing, Ndubuisi Francis reports. Despite being in existence for several decades, the FMBN has been plagued by a combination of long-standing structural, institutional and policy ...

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