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Tag Archives: affordable housing

Expert urges FG to provide long-term funds to mortgage institutions

mortgage institutions

Mr. Olayinka Omotosho, Chairman, Royal Institution of Chartered Surveyors (RICS), has appealed to the Federal Government to provide long-term funds to mortgage institutions to enhance their scope of operation. Omotosho reported on Monday in Lagos that affordable housing could only be achieved through effective mortgage system, which was not available in the country. He said the conventional banks offering mortgage ...

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We strive to enhance affordable housing – Royal ceramics boss

affordable housing

The General Manager of West African Ceramics Ltd, foremost manufacturer of the ROYAL brand of tiles, grouts and tile adhesives, Mr. Bhaskar Rao, has stated that the idea behind opening of ultra-modern showrooms across the country known as Royal Exclusive Showroom stocked with the company’s range of products is basically to support affordable housing in Nigeria. Rao disclosed this at ...

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TUC President tasks FG on affordable houses for workers

TUC

The President of the Trade Union Congress of Nigeria (TUC), Comrade Bobboi Kaigama, has berated the Federal Government for not taking workers’ income into consideration in the housing projects being implemented across the nation. Comrade Kaigama said previous efforts to build houses for workers had remained white elephant projects because they did not take time to plan for the workers ...

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Firm supports Buy Nigeria campaign to improve affordable housing

Buy Nigeria

To make housing affordable to average Nigerians, foremost manufacturer of tiles, grouts and adhesives, West African Ceramics Ltd has called for the support of Buy Nigeria campaign. General Manager of the firm, Mr. Bhaskar Rao, made the call at the inauguration of two additional mega and ultramodern exclusive tile showrooms in Port Harcourt and Aba. Stressing the firm’s support for ...

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Worker’s contribution to FMBN hits N2b – Kaigama

FMBN

Federal government is set to commence construction of houses for its civil servants in selected two states per geopolitical zones, as workers monthly contributions to the Federal Mortgage bank (FMBN) hit N2b. President of the Trade Union Congress of Nigeria ( TUC) Bobboi Kaigama disclosed this in Abuja Tuesday, at a stakeholders forum to announce a partnership arrangement between workers ...

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Dangote, BUA groups partner FMBN on affordable housing

Dangote

The Chairmen and Chief Executive Officers of Dangote and BUA Groups of Companies, Alhaji Aliko Dangote and Alhaji Abdul Samad Isyaku Rabiu have expressed strong willingness to partner the Federal Mortgage Bank of Nigeria (FMBN) towards boosting social housing delivery for Nigerians. Dangote, who ranks as Africa’s richest business magnate and investor and Isyaku Rabiu, a leading Nigerian businessman with ...

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AfDB uses sustainable housing developments to create jobs

AfDB

Through increased investment and sustainable housing development, African Development Bank (AfDB) has helped in alleviating poverty in its regional member countries (RMCs) which includes Nigeria. Besides providing one of the major needs of man which is shelter, housing development, more than any other economic activity, creates jobs, mostly for the poor who are engaged in various stages of construction as ...

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FG completes 1,350 houses for Civil servants, issues allocation letters

civil servants

The Federal Government has disclosed that a total of 1, 350 houses have been completed at various locations in Abuja and Lagos and their letters of allocation will be ready for distribution. The beneficiaries (civil servants) are under the Federal Integrated Staff Housing (FISH) programme. FISH programme, which is the initiative of the Head of the Civil Service of the ...

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Six challenges developers face in the built environment

built environment

Nigeria Real Estate Hub correspondent was in an interview with the CEO of Tromville investment, Pastor Adeyemi Adeniyi A.K.A the Bishop of real estate. He shared six challenges he encountered as a developer in the built environment. Read his interview below NREH: We heard of your tremendous contributions as an employee in Property Mart and how you delivered 6 estates ...

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There is no affordable housing in Lagos – Arc. Olayinka Dosekun

There is no affordable housing in Lagos

Our correspondent Rianat, was in an interview with Olayinka Dosekun, the CREATIVE DIRECTOR of Studio Contra Mundum. She spoke extensively about reaching clients with an equal enthusiasm for design, international collaborations and how government should tackle housing deficit in Nigeria NREH: How long has your company been in Nigeria and what are the challenges you have encountered so far? Olayinka ...

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