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Monthly Archives: July 2018

Ambode pledges to restore sanity to Lagos roads

Lagos

The order by the Lagos State government to remove all containerised trucks and tankers parked along the Oshodi-Apapa Expressway has been extended by 48 hours. Commissioner for Transportation, Mr. Ladi Lawanson, disclosed this after monitoring the progress of the exercise. Heads of security agencies and other stakeholders joined the commissioner in the media briefing. Lawanson expressed satisfaction with the progress ...

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FCTA set to tackle 1.7m housing deficit with PPP

housing deficit

The Federal Capital Territory Administration (FCTA) is set to address 1.7 million housing deficit in Abuja through Public-Private Partnership program initiated to benefit many low-income earners. FCT Minister Malam Muhammad Musa Bello made this declaration at the 12th Abuja international Housing Show in Abuja. The minister said that the government had formulated a National Housing Policy since 1991 to ease ...

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Dangote tells Federal Government to adopt Ethiopia’s mass housing model

mass housing

The chairman/chief executive officer of Dangote Group, Alhaji Aliko Dangote has called on federal government to adopt Ethiopia’s mass housing model in a bid to address the over 17 million housing deficit in the country. Dangote also said he supported the proposed restructuring and N500bn recapitalisation of the Federal Mortgage Bank of Nigeria (FMBN) for effective service delivery. He stated ...

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Homes-to-Hotel conversions stir controversy in housing market

housing market

Housing market- A decade’s worth of new hotel supply in Lagos is cause for concern for operators and authorities. Reports show that investors in hospitality development are now converting homes to hotels in many viable locations in the metropolis. They are targeting the huge population of their market. This growing investment has resulted to many residential buildings giving way for ...

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Imo government demolishes 6 houses belonging to kidnap kingpins

houses

The Imo State government has demolished six buildings belonging to three alleged kidnap kingpins and armed robbers in the state. The buildings, comprising of one hotel and five houses, belong to men who allegedly kidnapped and murdered a chieftain of the All Progressives Congress (APC) in the state, Amos Akano. The demolition was done in conjunction with men of the ...

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Dangote, BUA groups partner FMBN on affordable housing

Dangote

The Chairmen and Chief Executive Officers of Dangote and BUA Groups of Companies, Alhaji Aliko Dangote and Alhaji Abdul Samad Isyaku Rabiu have expressed strong willingness to partner the Federal Mortgage Bank of Nigeria (FMBN) towards boosting social housing delivery for Nigerians. Dangote, who ranks as Africa’s richest business magnate and investor and Isyaku Rabiu, a leading Nigerian businessman with ...

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Professor laments lackadaisical attitude of people at accident scenes

A Nigerian Professor of English, Pius Adesanmi, was involved in an accident along Oyo-Ogbomosho road on Wednesday. Mr Adesanmi, a PREMIUM TIMES’ columnist, narrated his ordeal to this newspaper in a telephone interview. He lamented how no help came for him and other victims of the accident for almost two hours after the accident. The don said he was on ...

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Tanker drivers defy order to vacate Apapa-Oshodi Expressway

Apapa-Oshodi expressway

A day after Lagos State Government announced it would be evacuating articulated vehicles that have turned the Apapa-Oshodi Expressway to a parking lot, it is still business as usual as trucks and tankers are still parked on the expressway from the port to Cele Bus-stop as at yesterday night, occupying both the express and service lanes. Beyond Cele Busstop inwards ...

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Nigeria records annual reduction in skilled construction workers

construction workers

The Managing Director, Bank of Industry, Mr. Olukayode Pitan, has said the stock of competent skilled construction workers is rapidly dwindling, with a 15 per cent annual decline of artisans in the construction sector. He stated that jobs hitherto meant for Nigerians were gradually being taken by people from other West African countries, leaving the indigenous artisans without work and ...

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