The plan by the Federal government to deliver 100,000 units of affordable homes to Nigerians, under a social housing scheme annually, has been attracting the attention of those in the housing sector, asking for more clarification on the issue, especially, the modality at which the project will be delivered. The Minister of State for Power Works and Housing II, Hassan ...

President Muhammadu Buhari will sign the 2018 budget into law on Wednesday. A presidential source revealed that the budget would be signed at 11 A.M. Last week Femi Adesina, special adviser to the president on media and publicity, had told state house correspondents that the president would give assent to the budget this week. Two weeks ago, Udoma Udoma, minister ...

In a renewed move to attract more real estate investors and encourage effective property documentation in the country, shareholders are seeking Federal Government’s intervention to ease land documentation process and fees charged on documentation. National Chairman, New Dimension Shareholders Association, NDSA, Mr. Patrick Ajudua, made the appeal at the just-concluded 12th Annual General Meeting of Infinity Trust Mortgage Bank, ITMB, ...

Mr. Adeolu Ogunbanjo, Chairman, Association of Estate Agents of Nigeria (AEAN), has described the activities of land grabbers (Omo-Onile) as a major challenge affecting the development of housing and infrastructure in the country. Ogunbanjo made the observation in an interview in Lagos on Tuesday. He said the frequent demands of the land grabbers had discouraged many investors from investing in ...

Mr. Clement Oladele, the FRSC Sector Commander, Ogun Command, gave the advice in an interview on Monday in Ota, Ogun. Oladele explained that ongoing rehabilitation of roads in different parts of the country had led to increased activities of construction workers and heavy-duty trucks on those highways. He listed some of the roads undergoing rehabilitation in parts of Ogun to ...

The Federal Road Safety Corps (FRSC) in Katsina State has confirmed that 11 youths lost their lives in a road accident Sunday night while celebrating Sallah. Mr. Godwin Ngueku, the Katsina Sector Commander of the corps, confirmed the incident to the on Monday in Katsina. Ngueku said that the accident occurred when on a Peugeot Saloon Car carrying the youths ...

Eleven years after it was created, the Federal Government and states have cornered over N5 trillion from workers’ pension contributions under the Contributory Pension Scheme for infrastructure development and other financial commitment. The amount received through investment in their various capital market instruments represents over 70 per cent of the N8 trillion pension assets currently being managed by Penson Fund ...

The Federal Government has handed over N461 million culvert and drainage construction for erosion and flood control works to communities in Kofar Fada, Shettima and Kasuwan Yelwa areas of Taraba State. The project was executed by the Ecological Fund Office (EFO), which is domiciled in the Office of the Secretary to the Government of the Federation (OSGF). Speaking during the ...

The Federal Executive Council (FEC), Wednesday approved 14 road contracts for rehabilitation in different parts of the country at the cost of N185.3 billion. The Special Adviser, Media to President Muhammadu Buhari, Femi Adesina, announced this on behalf of the Minister of Power, Works and Housing, Babatunde Fashola, while briefing State House correspondents at the end of the meeting. Mr ...

The Federal Executive Council on Wednesday approved N6.5 billion for the construction of phase II and the completion of the Industrial Training Fund (ITF) multi-purpose conference centre in Abuja. The Minister of Industry, Trade and Investment, Okechukwu Enelamah, stated this while addressing State House correspondents after the cabinet meeting. He said: “The importance of this is that the ITF is ...