Tag Archives: Federal Government

According to The Nation, the Federal Mortgage Bank of Nigeria, FMBN says it has disbursed N2.3 billion to 3,104 beneficiaries under its housing renovation loans scheme nation wide. Its Managing Director, Ahmed Musa Dangiwa who spoke yesterday in Sokoto while flagging off the state’s disbursement exercise of N243.1 million to 263 benefiting  civil servants in the state service, assured that ...

According to Vanguard, efforts by the Oil and Gas Free Zones Authority, OGFZA, to fulfill its core mandate and play a key role in the Federal Government’s drive for foreign direct investments, FDI, received a major boost, weekend, when the Bayelsa State Government announced that it has handed over to OGFZA state lands measuring 35,000 hectares for the development of ...

“The legal tussle over the ownership of two blocks of flats located at 41 Kingsway Road (now Alfred Rewane Road) Ikoyi, degenerated at the weekend when one of the defendants in the suit attacked residents with thugs and demolished the property.”- The Guardian The attack, which was carried out around 4:00a.m. on Saturday left the 91-year-old grandmother along with her ...

“The Lagos State Government on Monday disclosed that there are over 60 abandoned buildings belonging to the Federal Government on Lagos Island Central Business District, CBD, which have been converted to criminal hideouts by hoodlums.”- PM News Special Adviser to the Governor on Central Business District, CBD, Agboola Dabiri disclosed this on Monday at a ministerial press conference in Alausa, ...

“An evening downpour flooded the lobby of the main building of the National Assembly on Wednesday. The area affected is the lobby of the popular ‘White House’, which houses the chambers of the Senate and the House of Representatives. According to Punch observation, the rain, which started about 6 pm and lasted for close to 30 minutes, let in water ...

Nigerian Tribune reports that in the face of a housing deficit that numbers millions of units, Nigeria is working to increase home ownership by improving access to credit and reducing development costs for low-income housing. To address this problem, the FMBN signed a memorandum of understanding (MoU) in January with the Real Estate Developers Association of Nigeria (REDAN) and pan-African ...

According to Premium Times, the Head of Service of the Federation, Winifred Oyo-Ita, has promised to give a house to the couple that recently welcomed a set of quintuplets at the National Hospital, Abuja. The quintuplets, all girls, were born on April 12, 2017. The couple presently reside in a one bedroom apartment at Lugbe on Airport Road, in Abuja. ...

“Some stakeholders have agreed to pool resources to tackle the housing problem headlong. This is by ensuring  improved access to credit facility and reducing development costs for low-income housing.”- The Nation The Federal Mortgage Bank of Nigeria (FMBN), Real Estate Developers Association of Nigeria (REDAN) and a pan-African finance institution, Shelter Afrique have joined forces to create a $2 billion ...

Premium Times reports that the Federal Government says it has provided N500 billion to resuscitate the Federal Mortgage Bank of Nigeria, FMBN, to make mortgage facilities easily available to Nigerians. Mustapha Baba-Shehuri, the Minister of State for Power, Works and Housing, announced this in Lafia on Monday when he called on the Nasarawa State Deputy Governor, Silas Agara. The News ...

“Federal Housing Estate allottees in Abia on Thursday, protested against an alleged re-sell of their plots of land at the ministry’s housing estate located at Amakama, near Umuahia, the state capital.”- The News The allottees, operating under the aegis of Federal Housing Allottees Association, gathered in their numbers at the World Bank Housing Estate, from where they marched to the ...