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Chinese firm set to invest $300m in mass housing scheme

housing scheme

Steven Kim, Director, One Belt and One Road, Financial Operation Office, China, says Chinese government through his organisation will invest 300 million dollars in Nigeria’s mass housing scheme soon. He made this known at a news briefing organised by Zvecan Homes and Estates on Tuesday in Abuja. Mr. Kim noted that his organisation was collaborating with Zvecan Homes and Estate ...

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FG gives former Super Eagles coach 3-bedroom apartment in Abuja

Super Eagles

The Federal Government on Tuesday fulfilled its promise to former Super Eagles coach, Bonfrere Jo, handing him the keys to a three-bedroom apartment in Gwagwalada, Abuja. The Dutchman was promised a house after guiding the national U23 team to win the men’s football event at the Atlanta ’96 Olympic Games. Minister of Power, Works and Housing, Babatunde Fashola, who handed ...

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Edo state Governor urges industries to use local material

local materials

Governor Godwin Obaseki of Edo State,has said the state government will ensure that industries domiciled in the state get the lion share of the $100 million to be spent on raw local materials in the development of the 1,800 affordable housing units in Benin City by the Edo Development and Property Agency (EDPA) and real estate developer, MIXTA Africa. Obaseki ...

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Lagos shuts 80 buildings, five banks over illegal conversion

illegal conversion

Officials of the Lagos State Building Control Agency (LASBCA) yesterday shut down five commercial banks and over 80 buildings on Allen Avenue, Ikeja over illegal conversion. The officials, who were accompanied by the Lagos State Environment and Special Offences Enforcement Unit, also shut Adebowale Electronics, Panasonic and several other buildings used for commercial purposes. The commercial banks, whose branches were ...

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Clerics laud Aregbesola on infrastructural development

Infrastructural development

INFRASTRUCTURAL DEVELOPMENT – Chief Imam of Offa in Kwara State, Sheik Suliman Muheedeen, has showered encomium on Governor Rauf Aregbesola of Osun State for giving back to the teeming masses of the state through infrastructural development. According to Muheedeen, Aregbesola’s administration has fulfilled its electoral promise for the state The cleric made this known at the third Ramadan lecture, organized ...

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Osinbajo urges stakeholders to tackle problems of land administration


The Vice President, Prof. Yemi Osinbajo, has urged stakeholders in land management to identify and address every imaginable problem that has hindered land administration and management in this country. Osinbajo gave the charge in Abuja on Monday while declaring open the National Stakeholders Dialogue on Land Reform in Nigeria, organised by the Presidential Technical Committee on Land Reform. According to ...

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Aliko Dangote set to commission 200 housing units for IDPs

Aliko Dangote

In a bid to assist the Federal Government to embark on rehabilitation of Internally Displaced Persons (IDPs), in parts of the insurgency-ravaged areas in the North East, Aliko Dangote Foundation has concluded plans to commission a multi-billion naira housing estate. Chief Executive Officer of Aliko Dangote Foundation, Mrs. Zouera Youssoufou, said the commissioning of the 200 housing units for IDPs ...

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LCCI urges FG to hand over abandoned property to LASG

abandoned property

The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to transfer its abandoned property in Lagos to the state government or lease them to the private sector. The President of LCCI, Mr. Babatunde Ruwase, made the plea in an interview in Lagos on Monday. Ruwase noted that several properties belonging to the Federal Government in the ...

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Experts urge FG to invest N18trillion yearly in infrastructure

collapsed bridge

Experts on economic matters have said that government must wake up and face the realities on ground, as it needs to invest N18 trillion yearly to meet up with infrastructure development in the country. To achieve this, they submitted that government must give room for private sector participation, allow sanctity of contracts and open up to foreign capital to develop ...

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We’ve spent $9bn on roads, railways and power so far – Buhari


President Muhammadu Buhari says his administration has invested about $9 billion to strengthen investment on power, roads and railway. Buhari said this on Monday while declaring open the 61st meeting of the United Nations World Tourism Organization (UNWTO) Commission for Africa (CAF) holding in Abuja. Represented by Boss Mustapha, secretary of the government of the federation (SGF), the president said ...

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