“The Senior Staff Association of Statutory Corporations and Government Owned Companies (SSASCGOC) may soon begin an industrial action over inadequate funding of the Federal Housing Authority (FHA)” – The Guardian The President General of the association, Mohammed Yunusa, who disclosed this in Abuja at the weekend, identified non-budgetary provision for FHA and non-involvement in the National Housing Policy by the ...
Read More »Monthly Archives: March 2017
Aregbesola has laid 50 years infrastructure legacy in 6 years, says Ataoja
According to The News, the Ataoja of Osogbo, Oba Jimoh Olanipekun Larooye 11 and all Osogbo Chiefs have commended the various developmental strides of the Governor of Osun, Ogbeni Rauf Aregbesola at the state capital and indeed the whole of the state. The Ataoja of Osogbo land, leading other chiefs of the ancient town on a courtesy visit to the ...
Read More »Lawyer writes Chief Judge, IGP on land encroachment
The nation reports that a lawyer, Gbenga Ajala, has asked the Inspector-General of Police (IGP) Ibrahim Idris and Lagos State Chief Judge (CJ) Justice Oluwafunmilayo Atilade to investigate the alleged land encroachment belonging to his client, the Oloto family of Oto, on Lagos Mainland. Ajala, in a February 7 petition, said the lives of members of the family were being threatened by ...
Read More »NMRC partners Kaduna on mortgage penetration, home ownership
“In the quest to deepen mortgage penetration and promote home ownership in Nigeria, Nigeria Mortgage Refinance Company Plc (NMRC) has signed a memorandum of understanding (MoU) with the Kaduna State government.”- Vanguard reports. The MoU covers various collaborations between NMRC and the state government in the latter’s determined and structured efforts to facilitate affordable home ownership for its citizens. Among ...
Read More »FG pledges to bridge 17 million housing deficit
According to Vanguard, Minister of State for Power, Works and Housing, Mustapha Shehuri, has assured that the present administration is determined to bridge the 17 million housing deficit confronting the nation. Giving the assurance at the commissioning of the FMBN/Lape Estate, Karu, developed by Lape Construction Services Ltd. under a public private partnership (PPP) arrangement, with Platinum Mortgage Bank Nig. ...
Read More »TUC lauds Nigerian govt on 10 per cent housing equity waiver
“The Trade Union Congress, TUC, has commended the Federal Government on waiver of the initial payment of 10 per cent housing equity on mortgages below N5 million from housing off takers. Bobboi Kaigama, TUC, President gave the commendation on Monday in an interview with the News Agency of Nigeria in Abuja. The Federal Government had recently approved that henceforth mortgages ...
Read More »Lagos survey plan fee to go up three times current fee
Survey plan fee for Lagos state is going to be three times its current fee and this will take effect from April 1, 2017. For Ikorodu, Epe, Badagry Ojo and Ajeromi Ifelodun local governments, survey fee is currently 120,000 naira; 350,000 naira will be the newly increased cost. Lagos Island, Etiosa, Ikeja and Apapa which are presently set at 300,000 ...
Read More »Land owner docked over alleged cheating, breach of trust
“A land owner was on Monday charged to an Ilorin Magistrates’ Court for allegedly collecting N250,000 under false pretence of selling a plot of land to a prospective buyer. The Prosecutor, Insp. James Odaodu, told the court that the accused, Alade Usman, on Oct. 7, 2015, collected the money for the plot of land from one Ayamolowo David. The prosecutor ...
Read More »Lawyer seeks Ambode’s intervention over Coker estate residents’ travail
Vanguard reports that a legal practitioner, Mr. Destiny Takon has petitioned Governor Akinwunmi Ambode over the travails of Coker estate residents in Oworonshoki, Lagos. By a deed of conveyance dated June 6, 1970, the late Chief Coker was said to have taken possession of over 80 acres of land at Oworonshoki and Ifako-Gbagada, Lagos, which was registered in his name. ...
Read More »Federal Government set to provide affordable housing in Nasarawa
The Federal Government is committed to providing affordable housing to cover up for housing deficit in the nation. According to Channels Television, the Minister of State for Power, Works and Housing Mustapha Baba Shehuri stated this while commissioning 205 housing units at Karu in Nasarawa state which was financed by the Federal Mortgage Bank (FMB) through the National Housing Fund. ...
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