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Yearly Archives: 2018

Court quashes forfeiture order on all Benedict Peters’ UK properties

forfeiture order

Justice Binta Murtala-Nyako of a Federal High Court, Abuja, has set aside the Forfeiture Order obtained by the Economic and Financial Crimes Commission (EFCC), on all UK properties belonging to Aiteo boss, Mr. Benedict Peters. The court also cleared UK Properties of Mr. Benedict Peters, of any link with former Minister of Petroleum Resources, Dizeani Alison Madueke and upheld the ...

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Stakeholders call for reinvention to reform Nigeria’s Housing Sector

housing sector

Stakeholders from the government and private sectors of the Nigerian housing sector have called for reinvention of the wheels to reform the nation’s housing industry. They are holding a two-day workshop on the Model Mortgage and Foreclosure Draft Bill in Abuja. The objective is to de-risk the housing environment. Deputy governor of the Central Bank of Nigeria (CBN) on financial ...

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Agbashi community laments poor state of road

community

For residents of Agbashi Community, Headquarter of Ekye Development Area of Doma Local Government in Nasarawa State said the only access road connecting villages and hamlets under the community is a source of nightmare. For years, they have cried out and made persistent pleas to the government to construct the 30-kilometer road, What they have however got in return was ...

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Gombe State governor commissions road projects in Delta

projects

Gombe State Governor, Dr. Ibrahim Dankwambo Friday, July 6, 2018, commissioned some projects executed by his Delta State counterpart, Sen. Dr. Ifeanyi Okowa, using the exercise to urge northerners living in the state to obey the culture and norms of the people. Dankwambo who commissioned Abavo Circular Road, Abavo phase 1 with a spur to Ogbekile Street in Ika South ...

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UNICEF, SMEDAN set to construct millions of toilets in homes

UNICEF

In a bid to attain an open defecation free Nigeria, UNICEF engaged the services of SMEDAN in the construction of toilets to millions of homes across the country. MBAKAAN KWEN (Abuja) writes on the journey so far. Open defecation is the human practice of defecating in the open environment rather than into a toilet. People may choose fields, bushes, forests, ...

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FMBN has created over N80b mortgages so far – Ahmed Dangiwa

mortgages

The Managing Director, Federal Mortgage Bank of Nigeria, Mr. Ahmed Dangiwa, says the lender has created more than N80bn mortgages since inception. Dangiwa stated this during the tour of Sedona Housing Estate in Igbogbo, Ikorodu, Lagos, which was financed by the FMBN and developed by Sedona Business Consults, an Abuja-based firm. The figure shows a 10.4 per cent increase in ...

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35 beneficiaries of NHF gets keys to their houses

NHF

The Managing Director (MD) of the Federal Housing Authority (FHA) Mortgage bank, Hayadeen Atiku Auwal, over the weekend handed over keys to 35 eligible contributors who have fulfilled all the basic requirements to access the National Housing Fund (NHF) facility in Gombe, the Gombe state capital. While handing over the keys to the cheerful beneficiaries, Atiku said the scheme was ...

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Federal government pledges to construct 10 transit parks by 2019

transit

The Federal Government is planning to construct over 10 trucks transit parks by 2019 in a bid to reduce the number of trucks induced accidents on Nigeria roads as a way to prevent the unnecessary loss of lives and property due to road accidents. Briefing the media at the conference for African Transportation Ministries, the Director for Road Transport and ...

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Tips: How to Increase Your Property’s Value Before Selling

Sure Tips on How to Increase Your Property's Value Before Selling

When it comes to putting up your property for sale, it is important to know that the property’s value is directly proportional to the amount of money it will command in the market. A dilapidated house with dirty and shrunken features will not command the same market price as a beautifully house with a nicely mowed lawn. According to real-estate ...

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