FBNQuest has seen the possibility of growing the real estate sector through bond investment. In a statement, it said infrastructure deficit has remained an impediment to the industrialisation and diversification of the economy. Infrastructure deficit, it added, has further complicated the ease of doing business in the country and is linked to inadequate public sector financing. “By its nature, infrastructure ...

The Jigawa State Universal Basic Education Board (SUBEB,) has opened bid for the various projects for schools in the state. The bids include; the construction of teachers’ quarters, renovation of classrooms, procurement of classroom furniture, construction of toilets and drilling of hand pumps across the state. Alhaji Wasilu Umar, the spokesman of the board, made this known in a statement ...

A Lagos High Court, sitting at Igbosere, Lagos State, has summoned a brother of the Ooni of Ife, Prince Tunji Ogunwusi, and his company, PrimeWaterview Holdings, over a housing scheme, which payments made by over 800 Nigerians remain unaccounted for. Also expected to appear before Justice K. O. Dawodu, on April 10, are the incumbent President of the Nigeria Association ...

The Lagos Chamber of Commerce and Industry (LCCI) has commended President Muhammadu Buhari for declining assent to National Housing Fund (NHF) Bill. The chamber said the bill would have caused more problems for citizens. Mr. Muda Yusuf, the Director-General of LCCI, gave the commendation on Friday in Lagos. President Buhari had on April 2, declined assent to the National Housing ...

Speaking at a summit in Kaduna, the president of Dangote Group said agriculture is the only way to end poverty in the north According to him, 60% of people in Northwest, Northeast Nigeria live in extreme poverty Alhaji Aliko Dangote, the president of Dangote Group, has called on the 19 northern state governors to invest more in the agricultural sector ...

Individuals and corporate bodies found guilty of tax evasion are to henceforth lose their properties to the Federal Government, the Chairman, Federal Inland Revenue Services (FIRS), Babatunde Fowler, has said. This was as he equally disclosed that the tax agency surpassed its target for 2018 by generating a total of N5.32 trillion. Fowler disclosed this on Tuesday at a roundtable ...

The controversy surrounding the true ownership of Agamo land in Iludun-Ekiti has been resolved as an Ekiti State High Court, Ido Ekiti Judicial Division, ruled that the land actually belongs to the community and not individuals or groups. Delivering judgment in suit No. HID/8/2017 filed by Rev. David Adeosun and five others on behalf of themselves and their families against ...

The Balogun Oko-Osi/Olubete royal family of Gan-un, Ogun State, has dragged Governor Ibikunle Amosun of Ogun State to the Ota Division of the State High Court over alleged encroachment into the family landed property situated at Gan-un Village, Ifo Local Government Area of Ogun State. Ogun State Attorney-General and some unknown persons were joined as co-defendants in the suit. The ...

The House of Representatives’ Committee on Urban Development and Regional Planning on Thursday condemned the untidiness and errors in the 2019 budget proposal presented by the Urban and Regional Development Department of the Federal Ministry of Power, Works and Housing. Due to the similarities between the items in the 2018 and 2019 budgets of the department, they described it as ...

The police on Tuesday arraigned two estate agents who dishonestly sold a four-bedroom apartment for N3.5 million in an Ilorin Magistrates’ Court. Ahmed Saka and Zubairu Olasunkanmi are charged with four counts of Criminal Conspiracy, Criminal Breach of Trust, Cheating and Obtaining Property by false pretenses. The Prosecutor, Insp Isaac Yakub, informed the court that the suspects sold the house ...