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Kano state governor to provide affordable housing

Kaduna affordable housing

Kano State Governor, Abdullahi Ganduje, has reaffirmed his administration’s commitment to providing affordable housing, compulsory primary education and improved health care, as part of plans to transform the state. To achieve these objectives, the Governor has tasked all political office holders and top government functionaries to shun corrupt practices and work closely with each other on the best means of ...

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Dangote hopeful that Nigerian roads will be made of concretes

Dangote Cement wins 2015 African Business of the Year

The president of Dangote group Plc, Aliko Dangote is hoping that someday, Nigerian roads will be made of concretes. The richest man in Africa who is on cement manufacturing expansion drive across the African continent says he plans to engage the current administration on how Nigerian road infrastructure will be constructed with concrete materials. READ ALSO – Dangote Cement posts ...

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#ShelterMatters: Who would you blame for building a house like this?

shelterMatters

The need for proper housing cannot be overemphasized. The focus today is the word ‘proper’ Many find themselves living in pathetic buildings and in environments that are hazardous to health just because they need a roof over their heads. Sometimes I wonder if the owners of such buildings are to blame for putting out such structures for rent or the ...

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Nigerian ‘Dustbin Estate’ built on garbage dump

Nigerian 'Dustbin Estate' built on garbage dump

The lack of affordable housing in Nigeria is driving some residents to look for new places to build their homes. With about 21 million residents, Lagos generates over 10,000 tonnes of waste every day, with most of it ending up in landfills. Some Lagosians have settled on top of one of these sites, known as the “Dustbin Estate.” Plastic bags, old ...

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Investors eye real estate across Africa

real estate in africa

A growing consumer middle class, helped by rapid urbanisation and shifting demographic trends, is driving property demand and growth opportunities in the real estate industry across the continent. “Foreign and local investors are seeing the growth potential of Africa, spurred by rising consumer spending of Africa’s developing middle class”, says Gerhard Zeelie, Standard Bank’s head of real estate finance for the ...

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Disabled Toronto man denied subsidized housing for not being Muslim

Disabled toronto man denied housing

A disabled Toronto man had his name removed from the waiting list of a subsidized city apartment because he does not meet the main criteria for living there: being Muslim. “It doesn’t make any sense; I lived in Texas, that doesn’t make sense even there,” said Austin Lewis, 21, who is paralyzed and confined to a wheelchair. Lewis is attempting ...

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Nigeria’s Emerging REIT Market

REIT

Investment in real estate has been one of the oldest and most common forms of investment dating back to the beginning of human civilization, evolving into a more sophisticated market having its own real estate backed securities, which could be issued privately or on the domestic/international capital market. The desire to pool resources from multiple investors to acquire prime real ...

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