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Tag Archives: Federal Government

Chartered surveyors call for enabling environment for real estate sector

Chartered surveyors call for enabling environment for real estate sector

“Members of the Royal Institution of Chartered Surveyors (RICS), Nigeria group have called on the Federal Government to create an enabling environment for real estate sector, which will boost economy.”- The Guardian The real estate experts, who spoke at the Annual General Meeting (AGM) and induction of new members, dwelled on the theme: Funding Real Estate, Requirement from Advisors. The ...

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Federal Government lists Fela’s house as national museum

FG lists Fela’s house as national museum

According to Punch, the Ogun State Government, in conjunction with the Federal Government, has unveiled a plan  to immortalise the popular Ransome-Kuti family by turning their ancestral home in Abeokuta to a museum. The Minister of Information and Culture, Alhaji Lai Mohammed, gave the indication on Wednesday when he visited the house located  on NEPA Road, Isabo, Abeokuta, in company ...

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Edo state government targets 250,000 hectares for agricultural production

250,000 hectares for agricultural production

The Guardian reports that the Edo Government is targeting a minimum of 250,000 hectares for agricultural production and land cultivation to boost agricultural production within the next two years. Gov. Godwin Obaseki of Edo disclosed this at the 13th Esan Economic Empowerment Workshop organised by the Association of Esan Professionals at Uromi, Esan North East Local government area of the state ...

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Federal Government inaugurates committee to establish a Mortgage Credit Rating

Mortgage Credit Rating

“The Federal Government on Thursday inaugurated a committee to establish a Mortgage Credit Rating to improve citizen’s access to affordable housing in the country.”- World Stage The Director, Financial System Strategy Department of the Central Bank of Nigeria, Mr Mohammed Suleiman, inaugurated the nine member committee in Abuja. He charged members to come up with ideas that would see the ...

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Inability to raise funds stalls great green wall projects

Inability to raise funds stalls great green wall projects

“The inability of the Federal Government to raise funds from the Sovereign Green Bond may have stalled the execution of four proposed major projects in 2017 budget by National Agency for Great Green Wall (NAGGW).”- The Guardian The Agency budgeted N1.354billion for dry land restoration through massive afforestation programme monitoring and evaluation, promotion of alternative livelihoods, but only N200million was ...

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Osinbajo says Nigeria’s housing deficit is too high

Nigeria’s housing deficit

“Nigeria’s housing deficit is too high to be acceptable, Vice President, Prof. Yemi Osinbajo, has said.”- Punch Osinbajo who spoke at the 2017 Housing Summit in Abuja on Tuesday said, although, no nation had been able to provide all the housing needs of its citizens, the housing crisis in developing countries including Nigeria was very bad. The Vice President, who ...

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Federal government to begin action plan on ease of doing business

repositioning of Africa’s economy

According to Y Naija, the Federal Government will on October 2 begin another 60 days action plan on the ease of doing business in the country. Minister of Industry, Trade and Investment Okechukwu Enelamah, stated this at the end of an expanded Presidential Enabling Business Environment Council (PEBEC) meeting at the Presidential Villa in Abuja. The meeting was chaired by ...

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Federal Government to reintroduce tolling on the nation’s highways

Federal Government to reintroduce tolling on the nation’s highways

Punch reports that the Federal Government on Monday said it would reintroduce tolling on the nation’s highways to raise the much needed funds to maintain the roads. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, stated this while addressing members of the Manufacturers Association of Nigeria, who visited him in his office in Abuja. The minister’s position may ...

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