Tag Archives: 2018

The NESI’s data shows that Nigeria’s power sector is losing between N1.2 billion to N1.5 billion monthly to constraints such as water, gas and transmission line. Nigeria’s power sector lost a total of N108 billion in the first quarter of 2018 from constraints that include gas supply, water, and transmission line. The sum of N108 billion has been lost to ...

The federal government has promised that 24 housing units being constructed as part of the National Housing Programme in Edo State will be delivered before the end of 2018. The Zonal Director of the ministry, Mr. Daminabor Oko-Jaja, made the disclosure recently at an assessment of on-going construction at Idumwu-Ehigie in Uhunmwode Local Government Area of the state. According to ...

Evicted BBNaija ‘Double Wahala’ housemate, Leo DaSilva, has named a set of apartments after Alex, his love interest in the BBNaija house. Leo, who was strategically paired with Ifu-Ennada (the unit known as ‘Lifu’) was evicted on Sunday March 11, after recording the lowest votes of 10.90 per cent. Leo and Ifu (Lifu) were up for possible eviction alongside Tobi ...

Perturbed by the high level of homelessness among Nigerians, the Federal Government has been urged by real estate experts to establish a housing microfinance fund or shelter fund to provide affordable houses for those in need of accommodation. Establishment of housing microfinance fund, according to Social Housing Activist and International Housing Finance Specialist, Mr. Adekunle Faleti, will enable low-income earners ...

Despite the poor performance of the real estate industry and the lull in the property market in recent times, stakeholders are optimistic about a positive growth this year. The Statistician-General of the Federation and Chief Executive Officer, National Bureau of Statistics, Dr. Yemi Kale, said although the real estate industry, which contributed 6.79 per cent to real Gross Domestic Product, ...

The upcoming third edition of the Lagos city marathon organised by Access Bank Plc is set to hold on the 10th of February, 2018. It is the 88th certified marathon out of the 500 in the world. The marathon is certified as a Bronze Medal marathon with its routes officially measured, and with a goal to achieve Gold label within ...

The Kaduna State Government has earmarked N7.3 billion for the construction of township roads in the 2018 budget estimate approved by the state assembly. NAN report that the figure was contained in the 2018 budget obtained from the state’s Planning and Budget Commission. A total of N21.66 billion was allocated to the agency, out of which N20.83 billion was for ...

Edo State Peoples Democratic Party (PDP) has said the 2018 Governor Godwin Obaseki’s budget signed into law is full of deceit and duplication. It said the budget would inflict pains on people. PDP said the budget was padded to the tune of N2.5 billion and funds were allocated to projects already completed and inaugurated by ex-Governor Adams Oshiomhole. It said ...