Tag Archives: Economy

The Federal Government plans to put massive funds in construction projects, especially in the road and housing sectors. The Guardian reports that, the Minister of Works, Power and Housing, Mr. Babatunde Fashola, who made this at the annual conference of the Quantity Surveyors Registration Board of Nigeria (QSRBN) in Abuja, observed that government believes that massive investment and expenditure in ...

President Muhammadu Buhari, on Thursday, tasked the private sector operators in the country, to take the lead in the efforts at resuscitating the nation’s ailing economy, saying they hold the key to quick economic recovery. According to National Mirror, the president, who spoke at the 44th Annual General Meeting of the Manufacturers Association of Nigeria (MAN) held in Abuja, and attended by lawmakers and members of the Organised Private Sectors (OPS), enjoined the ...

Chief Olabode Afolayan is the Chairman of Housing Developers Cooperative Society (HDCS) and past President, Real Estate Developers Association of Nigeria (REDAN). In this interview he notes that the Housing sector has been identified as a sector that can create a lot of employment for the people and will help jump start the economy. Read excerpts below: Now that we ...

Did Buhari win elections because of N5000 stipend promised? Why is there so much fuss about a 5000 naira stipend promised to the unemployed graduates in Nigeria that should never have been? Find out in this article. When Buhari made the campaign promise of N5000 stipend to unemployed Nigerians, to me it sounded like child’s play. In fact it was ...

Notwithstanding the uncertainties in the direction of the Nigerian economy, fresh investments are still taking place in the real estate sector through which investors have shown uncommon confidence in the country. The size of the Nigerian market is a frequently cited reason for the investor-interest and confidence, but in spite of the huge opportunity in the residential segment of the ...

The real estate sector is believed to be a sector which responds fast to the tune of any economy. This invariably means that the sector derives success or failure from the state of the economy. This is what inspired the view of Mr. Chude Obosi, the African President of International Real Estate Federation (FIABCI) who expressed that high end properties ...