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Don blames incessant building collapse on corruption

building collapse

Acting Head of the Department of Materials and Metallurgical Engineering, University of Ilorin, Dr. Yusuf Lanre Shuaib-Babata, has blamed the pervasive corruption in the country for the incessant building collapse in recent times. Speaking with journalists in Ilorin on Monday, the don, who lamented the repeated collapse of buildings in the country with the resultant loss of lives and properties, ...

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Buhari declines assent to Housing Fund bill, Ajaokuta Steel bill, others

property registration

President Muhammadu Buhari has declined assent to five bills that were passed and forwarded to him for assent by the National Assembly. The bills are: Ajaokuta Steel Company Completion Fund Bill, 2018 National Institute of Credit Administration Bill, 2018 Small and Medium Enterprises Development Agency Bill, 2018 National Housing Fund Bill, 2018 Federal Mortgage Bank of Nigeria Bill, 2018. The ...

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FG approves execution of multiple power projects – Fashola

power projects

The Federal Government has approved the execution of several power projects aimed at achieving more improvement in electricity distribution in the country. The Minster of Power, Works, and Housing, Mr. Babatunde Fashola, said this in a statement issued on Friday in Abuja by Mr. Hakeem Bello, his Special Adviser on Communications. Fashola said principal among the approvals, received from the ...

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Abuja Orphanage: FCTA pledges to accommodate stranded children

FCTA

The Federal Capital Territory Administration (FCTA) has said it will provide temporary accommodation for over 150 children, who were left homeless following an earlier demolition exercise in Kubwa, a satellite town in Abuja on Tuesday. The Director, FCTA Department of Development Control, Muktar Galadima, stated this during a joint press briefing with the owner of the affected property on Thursday ...

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Housing deficit: N16trn from CBN, PenCom, others to boost sector

CBN

With a whopping N16 trillion from Central Bank of Nigeria (CBN), the Pension Scheme, Mortgage institutions and other related financial services organisations, Nigeria’s housing sector is set to receive a boost. Efforts are being made to allow pension contributors to access 25 per cent of the savings in their respective Retirement Savings Accounts(RSAs) for mortgage finance. In order to facilitate ...

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FEC approves N1.4bn for design of DPR headquarters

FEC

The Minister of State for Petroleum Resources, Ibe Kachikwu, disclosed this while briefing State House correspondents after FEC meeting presided over by President Muhammadu Buhari at the Presidential Villa, Abuja. Kachikwu said that the contract was awarded to Messers Arteck Practice Limited to design a 12-floor building on a plot which had been allocated to the FCT. According to the ...

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Suspected hoodlums beat journalist to pulp over land dispute

land dispute

A broadcast journalist and former chairman of Radio Kwara chapel of the Nigeria Union of Journalists (NUJ), Alhaji ABDULAHI Adisa-Akodudu was on Thursday attacked and beaten to coma by suspected hoodlums over a land dispute in Ilorin. The incident occurred at lrewolede housing estate along Yidi road in Ilorin when the suspected hoodlums were demolishing two structures on the disputed ...

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School of estate, others advocate to tackle housing deficit

School of Estate

LAGOS, Nigeria, March 28, 2019 A Special Interest Group (SIG) comprising individuals operating in the real estate sector have come together under the aegis of the School of Estate to address the myriads of lingering housing challenges in Nigeria. As part of a triangulation approach for scientific policy work on challenges and opportunities in funding housing development projects in Nigeria, ...

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Homeowners who build on govt land risks property forfeiture – Fayemi warns

property

ADO-EKITI – Anyone who erects structure illegally on government land will risk losing such property. The Ekiti State Government handed down the warning on Tuesday, noting that some unscrupulous individuals have encroached on land already allotted to public schools. The state government said the affected individuals should be ready to forfeit such illegal structures to government without any compensation. Ayodeji ...

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