The Borno State Government on Sunday said it would partner the Federal Housing Authority, FHA, to rebuild communities ravaged by Boko Haram insurgency. The state governor, Kashim Shettima, made the disclosure while receiving FHA Managing Director, Muhammad Al Amin, who visited him in Maiduguri. “There is no better time than now for this kind of partnership towards rebuilding structures destroyed ...
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Shell facility attacked by unsuspected gunmen, kill guard
Shell Petroleum Development Company, SPDC, on Sunday confirmed that its flow station in Bayelsa was attacked by suspected gunmen on Friday. Confirming the incident in a statement by its spokesperson, Joseph Obari, Shell said investigation into the incident was underway. “There was an armed attack on a Joint Task Force (JTF) sentry post at Kolo Creek Flow Station on October ...
Read More »Nigeria Needs 17- 20m Housing Units To Bridge Deficit – Gimba Kumo, FMBN Boss
Mr. Gimba Kumo, Managing Director, Federal Mortgage Bank of Nigeria (FMBN), said 17 to 20 million housing units were needed to address the housing deficit in the country. Kumo said this in an interview with the News Agency of Nigeria (NAN) on Thursday in Abuja. He also listed ways of addressing the housing deficit in the country. “We are all ...
Read More »Central Bank of Nigeria to assist flood victims in Kebbi
The Central Bank of Nigeria on Saturday said it would provide assistance to farmers in Kebbi affected by the recent flooding in the state, to enable them engage in dry season farming. A staff of the bank, Paul Eluhaiwe, who led a delegation of the apex bank to Governor Atiku Bagudu of Kebbi to commiserate with flood victims, said the ...
Read More »Definition of African Middle Class: a Ghanaian Perspective
A recent BBC Africa Debate saw a number of Ghanaian entrepreneurs, leaders and members of the public discuss the definition of the middle class in the country. How do you define an African Middle Class? According to the African Development Bank (AfDB), 46% of Ghanaians are now classified as middle class compared to a continent-wide average of 34.3%. The debate, ...
Read More »Kogi govt ejects illegal occupants from post-flood housing estate
The Kogi State Government, on Wednesday, ejected people it described as illegal occupants of the post-flood housing estate in Lokoja, while it also seal off the premises. You would recall that Victims of the Kogi flood disaster had lamented on their inability to secure accommodation at the Post Flood Housing estate The Deputy Governor, Mr. Yomi Awoniyi, said the decision ...
Read More »FMBN to start rent-to-own housing schemes
The Federal Mortgage Bank of Nigeria (FMBN) said it would commence “ Rent-to-Own ” scheme to ease the housing challenges in the country. Mr Gimba Ya’u Kumo, the Managing Director of the bank, told newsmen in Abuja that the “Rent to Own’’ scheme was mainly for Nigerians who could not afford mortgages. “For Nigerians that cannot afford mortgages, the way ...
Read More »Buhari Housing Estate Bomb Blasts Death Toll Rises
Twin bomb explosions which occurred in Damaturu, Yobe State, on Wednesday killed 18 people, two more than initially reported, Governor Ibrahim Gaidam said. The attacks took place around Ministry of Housing quarters and Buhari Housing Estate in Damaturu. The Executive Secretary, State Emergency Management Agency, Musa Idi, had earlier confirmed the blasts. Gov. Gaidam condemned the suicide attacks which also ...
Read More »Sabo Market razed by fire: Property worth millions gone
Goods worth millions of naira were wednesday destroyed by fire in Sabo market at Ikorodu. The inferno started around 1:25am. The cause of the fire could not be ascertained, but speculations were rife that it was caused by a spark from a chemical shop following restoration of light around midnight. The Nation learnt that there had been power outage for ...
Read More »EFCC seeks forfeiture of ex-Oyo HOS property over N5.6bn fraud
The Economic and Financial Crimes Commission (EFCC) on Wednesday asked an Oyo State High Court to order the forfeiture of the properties belonging to a former Head of Service of the state, Alhaja Kudirat Adeleke and 11 others. The defendants are facing a 213-count charge bordering on conspiracy, obtaining money by false pretence, fraud and forgery. Adeleke and the 11 ...
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