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We will demolish houses accommodating kidnappers – Dapo Abiodun

Dapo Abiodun

The Ogun State Governor, Prince Dapo Abiodun has vowed to demolish houses in the state housing kidnappers and revoke their certificates of occupancy. The governor assured that with the inauguration of the reinvigorated Security Trust Fund, the full architecture for internal safety of lives and property had been fully put in place. Speaking at the inauguration of the “reinvigorated” Ogun State ...

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Pension operators invest N250.02bn in real estate

Pension

The Pension Fund Administrators have raised the amount of pension fund investment in real estate to N250.02bn, latest figures obtained from the National Pension Commission have shown. This amounts to 2.68 per cent of the total assets of the Contributory Pension Scheme, which stood at N9.32tn as of the end of June 2019. The operators had invested N229.17bn in real ...

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Encourage multinational engineering firms to employ Nigerian engineers – NSE

NSE

The Nigerian Society of Engineers (NSE) has urged the Federal Government to act in line with Executive Order 5 by encouraging more multinational engineering firms to employ Nigerian engineers. Chairman of NSE, Lagos State branch, Mr. Musliudeen Agoro, gave the advice on Sunday while speaking with the newsmen in Lagos. Reports show that President Muhammadu Buhari had, on February 12, 2018, in ...

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Experts: Finance, land biggest impediments to housing

finance

Property developers have identified finance, land, and infrastructure among others as biggest impediments to affordable housing development in Nigeria. According to the General Manager, Building Services, Urban Shelter, Muktar Aliyu, the problems of finance, land, and infrastructure in real estate development should urgently be addressed by government. To solve the problem of finance, some of the experts, who spoke in ...

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FG separates Ministry of Works and Housing‎

Housing

The Federal Government on Wednesday 21st August 2019 unbundled the Federal Ministry of Power, Works and Housing to Federal Ministry of Works and Housing with Babatunde Fashola as Minister and Engr. Abubakar Aliyu as Minister of State respectively. The Minister of Works and Housing, Babatunde Fashola is the immediate past Minister of Power, Works, and Housing. He is from Lagos State, ...

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6 key facilities were destroyed over protest on collapsed bridge – ATBU

ATBU

The authorities of Abubakar Tafawa Balewa University (ATBU), Bauchi, said on Tuesday that six movable and non-moveable property belonging to the institution were vandalized by students protesting on Aug. 5. The Deputy Vice-Chancellor (DVC), Academic of the institution, Prof. Ibrahim Danjuma, said this in Bauchi while updating journalists on the incident. The students had protested because a bridge that links ...

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Families lament victimization by land grabbers in Lagos

Lagos

The family of Pa Abibu Ajibawo Oguntoyinbo of Ipaja, Lagos State has appealed to the governor, Babajide Sanwo-Olu, to rescue them from hoodlums led by an alleged land grabber, Prince Owen Adeniran. Oguntoyinbo, who is head of the family and appointed joint heads of the families of Abiola, Falola, Ilo, lamented that often times, family members had been arrested by ...

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N537m debt: Court orders forfeiture of Donald Duke’s property

Donald Duke

The Federal High Court in Lagos has ordered the Asset Management Corporation of Nigeria and United Bank for Africa to take over an Ikoyi, Lagos property of a former governor of Cross River State, Mr Donald Duke, over an alleged debt of N537,334,360.77. The court made the takeover order in an August 8, 2019 ruling by Justice Chuka Obiozor. The ...

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Court orders ICPC to unseal former Zamfara Gov’s house

ICPC

Justice Taiwo Taiwo of the Abuja Division of the Federal High Court, yesterday ordered the Independent Corrupt Practices and Related Offences Commission (ICPC) to unseal a property of immediate past Governor of Zamfara State, Abdulaziz Yari located at Maitama, Abuja. Justice Taiwo who gave the order in a ruling on an exparte application filed by the former governor held that ...

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Flood: Abuja residents seek help as Dutse link bridges collapse amidst heavy downpour

flood

Flood: The residents of Obasanjo road community in Dutsen Sagbagyi II of Bwari Area Council, Federal Capital Territory (FCT), are crying for help and immediate intervention from FCT and Bwari Area Council authorities after three bridges connecting the community to the main road (Old Bwari road), collapsed and washed away by heavy flood caused by Monday heavy downpour. Duste is ...

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