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Mortgage bank targets multiple housing units to tackle deficit

mortgage bank

The Federal Mortgage Bank of Nigeria says that it is targeting multiple housing units across states of the federation through the National Housing Fund scheme, as part of efforts to tackle the housing deficit in the country. Executive Director, Business Development and Portfolio Management, Abdullahi Umar Dankane, disclosed this in Sokoto, at a two-day zonal retreat organised for officials of ...

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Lawyer derobed for fraudulently increasing price of property


Adapted from the Judgment of Bage, JSC: Anthony Ojigho v. NBA & LPDC (2019) LPELR-46895(SC); [2019] 9 NWLR (Pt. 1678) 399. A lawyer, Mr. Anthony Ojigho, was petitioned for fraudulently increasing the price of a property which the Petitioner (Banjo Onanubi) paid the vendor through the lawyer. It was alleged that the lawyer fraudulently induced the Petitioner into paying N40 ...

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Gombe tanker fire: One dies, five shops razed

tanker fire

One person has been declared dead, while at least five lockup shops have been razed in the early Wednesday morning fuel tanker fire on Gombe-Bauchi highway. The fuel tanker went up in flames in Tumfure village, along the Gombe-Bauchi highway, killing a motorcycle operator. The incident was confirmed by an official of Red Cross in the area, Mr. Abass Mohammed, ...

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Ogun community bemoans deplorable link road caused by Lagos-Ibadan rail project


Residents of Alagada community in the Obafemi/Owode Local Government, Ogun State, have lamented the deplorable condition of the link road in the community, which they alleged was caused by the ongoing Lagos-Ibadan rail project in the axis. The aggrieved residents said a tunnel constructed as a link road had become impassable due to incessant flooding. They said the flooding arose ...

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Don warns property investors against fraudulent agents


A professor of Estate Management in University of Uyo, (UNIUYO) in Akwa Ibom State, Godfrey Okon Udo has advised property Investors in the country against patronising people who defraud innocent people in the real estate business. Udo who gave the advice while delivering the 71st Inaugural Lecture of the University of Uyo on the theme “The Dialect of Valuation” said ...

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Illegal structures along pipeline corridor risks demolition – NNPC

illegal structures

The Nigerian National Petroleum Corporation on Sunday announced that the Army Engineering Corps was set to demolish illegal structures erected along the Port Harcourt-Aba-Enugu-Makurdi oil pipeline corridor. The NNPC condemned what it called “flagrant and dangerous’’ violation of its pipeline right-of-way by some individuals and communities along the corridor of the system 2E pipeline network, stretching from Port Harcourt-Aba-Enugu-Makurdi. The ...

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FCT administration threatens property owners with demolition


The Federal Capital Territory (FCT), administration has vowed to prosecute developers raising illegal structures which were distorting the Abuja Master Plan. “The illegal structures built largely on waterways are causing damage to lives and property in the FCT. We won’t accept that” Mr. Suleiman Abdurahmeed, Acting Coordinator and Director of Administration and Finance, Abuja Metropolitan Management Council (AMMC,) told newsmen ...

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Owerri residents count loss as flood wreaks havoc


Residents of Owerri Municipal Council in Imo State have appealed to Governor Emeka Ihedioha to come to their aid, stating that flood has ravaged their buildings and other properties. Our Correspondent gathered on Monday that a three-day rain which started on Friday and ended on Sunday had destroyed household properties and commercial goods. The residents blamed the flooding on poor ...

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Landlord, four children injured in Lagos building collapse

building collspe

A landlord and four children, including twin girls, were rescued on Sunday night from a partially collapsed two-storey building in Bariga area of Lagos Mainland. The incident occurred around 9:30 p.m at No.30, Ososa St., Bariga area of Lagos. Confirming the incident, Mr. Adebayo Kehinde, the Public Relations Officer, Lagos State Emergency Management Agency, said that there was no death ...

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