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Tag Archives: Federal Government

‘FG needs N3 trillion to cover up infrastructure deficit’

‘FG needs N3 trillion to bridge infrastructure deficit’

“The Federal Government needs N3 trillion annually to cover up the huge infrastructure deficit in the country. The President of Nigerian Institute of Quantity Surveyors (NIQS), Mercy Iyortyer, disclosed this at a two-day workshop on finance and development of capital projects in Lagos.”- The Guardian She noted that while the demand for construction is high, and that the money to ...

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“FG has not folded its hands on multiplicity of taxes”- Prof Teju Somorin

"FG has not folded its hands on multiplicity of taxes"- Prof Teju Somorin

Correspondent of Nigeria Real Estate Hub, Esther Adeniyi, had an interview with Professor Teju Somorin, immediate past President of Chartered Institute of Taxation of Nigeria, (CITN) on taxation, and multiplicity of taxes, policy reversals, tax evasion and the role of the government. Below are excerpts from the interview session. NREH: Would you please introduce yourself ma? Prof. Teju: I am Professor Teju Somorin. Until the ...

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FG to open 100,000 hectares of irrigable land

landowners

The Nation reports that the Federal Government is planning to open up a minimum of 100,000 hectares of irrigable land through the 12 River Basin Development Authorities by 2020 to achieve food security. The plan is contained in Nigeria Economic Recovery and Growth Plan 2017-2020 (ERGP), a copy of which was obtained from the Federal Ministry of Budget and National ...

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Yobe provides land to Federal Government for grazing reserve

Yobe provides land to Federal Government for grazing reserve

“Yobe government has provided 2,500 hectares of land to the Federal Government for the establishment of grazing reserves and development of fodder banks for animal feeds production. Dr Mustapha Gaidam, Manager, Yobe Livestock Development Programme (YSLDP), told News Agency of Nigeria (NAN) in Damaturu on Monday that the land was provided in Nasari and Gumsa villages of Jakusko and Gaidam ...

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CBN to de-risk housing finance under ‘My Own Home’

Real Estate

“A scheme aimed at inspiring  the younger generation of Nigerians to key into mortgage process, immediately after  they begin work or business, has been initiated. The scheme will also give fresh hope to more Nigerians for housing.”- The Nation This is coming with the commencement of the Federal Government’s housing initiative tagged: ‘My Own Home.’ The scheme is an offshoot ...

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FG’s N1trn real estate fund’ll trigger investment opportunities

FG’s N1trn real estate fund’ll trigger investment opportunities

“The Chairman of Chemical and Allied Products, CAP, Plc, Mr. Larry Ettah, has said that the plan by the Federal Government to roll out N1 trillion real estate fund as part of efforts to develop the infrastructure base of the nation will trigger investment opportunities in the industrial goods sector of the economy.”- VANGUARD Ettah who stated this at the ...

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Nigeria has performed poorly in housing the poor, says Okunnu

Nigeria has performed poorly in housing the poor, says Okunnu

“Although Nigeria has recorded some milestones in her democratic experience since 1999, providing affordable housing for the teeming population has continued to be a major challenge. In this interview with BERTRAM NWANNEKANMA, the former Federal Commissioner for Works and Housing, Femi Okunnu, gives an insight into on how the country can mitigate her housing challenge. He also dismisses the choice ...

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FG Promises to Tackle Housing Challenges for Workers

2,700 housing units

“The Executive Secretary, federal Government Staff Housing Loans Board, Dr Hannatu Adamu Fika has expressed hope that the housing challenges faced by federal Public Servants will soon be over.”- All Africa Mrs Fika stated this when the National Executive Council of Mortgage Banking Association of Nigeria (MBAN) paid her a business visit in her office yesterday in Abuja. According to her, ...

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Presidency: Ogun, Nasarawa states lead N30K housing plans

2,700 housing units

According to Vanguard, the Federal Government has said its plan to provide cheap housing for Nigerians is not a gimmick as the programme takes off in Ogun and Nasarawa states. Presidency spokesman, Laolu Akande said the affordable housing programme targeting low income earners is part of the N1trillion Family Home Fund, initiated by the Buhari administration. The Nigerian government is ...

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NYSC seeks additional land in Zamfara

Family petitions Amosun over forceful eviction by a land grabber

According to Vanguard, the National Youth Service Corps , NYSC on Tuesday appealed to the Zamfara government to allocate more land for the scheme’s agricultural programme in the state. NYSC State Coordinator, Hajiya Rahmatu Sanda, made the appeal in an interview with the Newmen at the NYSC Permanent Orientation Camp in Tsafe town, Tsafe Local Government Area of the state. ...

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