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Yearly Archives: 2017

Only 3% of workers benefitted from National Housing Fund

National Housing Fund

“After 30 years of operating the National Housing Fund (NHF), only three percent of Nigerian workers has benefited from it, New Telegraph has learnt.”- Ripples Nigeria According to the Managing Director, Federal Housing Authority (FHA), Professor Mohammed Al-Amin, majority of federal and state governments’ staff who subscribed to NHF have not been able to access the fund to actualize their ...

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Construction of 3,050MW Mambilla electricity project at $5.7 billion approved

Construction of 3,050MW Mambilla electricity project at $5.7 billion approved

According to Premium Times, the Federal Executive Council, FEC, presided over by President Muhammadu Buhari, approved $5.792 billion (about N1.140 trillion) for the construction of the 3,050 megawatts Mambilla electricity project at Gembu in Taraba. The Minister of Power, Works and Housing, Babatunde Fashola, disclosed this while addressing State House correspondents alongside the ministers of labour and employment as well ...

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Bad Market – Episode 12

Bad Market - Episode 12

It was a cold Sunday morning, my old man was still in critical conditions at the Military Hospital in Ikoyi. Mum had not gotten up from bed, she had spent the previous day with Dad at the hospital while Timi was in his bedroom listening to Tupac Shakur‘s California hit song on his 4000 watts pro stack sound system. The ...

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FAAN seeks to control land encroachment around airports in Nigeria

land encroachment

According to Nigerian Tribune, the Federal Airports Authority of Nigeria (FAAN), is seeking partnership with various state governments in a bid to stop airports land encroachment by farmers across the nation. Speaking with journalists in Sokoto at the 15th National Council of Transportation on Tuesday, the Managing Director of FAAN, Saleh Dunoma, lamented that the high rate of encroachment into airports ...

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Osinbajo commissions multi-million dollar BUA cement factory In Edo

repositioning of Africa’s economy

“The Vice President, Prof. Yemi Osinbajo, Tuesday described the commissioning of the multi-million dollar BUA cement factory In Edo as a consolidation of Nigeria’s self-sufficiency in cement and a big boost to the nation’s export capacity.”- PM News Osinbajo stated this shortly before commissioning the first phase and the ground-breaking of the second phase of the three million ton-capacity ultra ...

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Minister Advocates synergy in the construction industry

construction industry

“The Minister of Water Resources, Mr Suleiman Adamu has called for synergy amongst research institutes, policy makers and professional bodies in the construction industry to tackle housing challenges in the country.”- The Tide Adamu made call while speaking with newsmen Abuja, on the sideline of the 28th Archibuilt Exhibition and Conference on building materials. The exhibition and conference is organised ...

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Another three-storey building collapse happened in Lagos

Another three-storey building collapse happened in Lagos

The Guardian reports that another three-storey building collapse happened yesterday in Ojo area of Lagos State. There were, however, no casualties as residents have already deserted the building located at No. 21 Saka Okoro Street, Ilufe Road, Alaba International Market, Ojo. It was gathered that the building caved in on Tuesday morning in a partial collapse. General Manager, Lagos State ...

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Kwara state pays out 1.5 million as land compensation

land compensation

“Kwara Harmony Holdings on Tuesday paid N1.5m out of the N3.7m million as land compensation to owners of 25 hectares of customary lands acquired by the State Government 11 years ago.”- PM News The News Agency of Nigeria (NAN) reports that the 25 hectares of land was acquired for the cultivation of grains at Ogbondoroko, in the Asa Local Government ...

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