The Senate on Monday expressed dissatisfaction with sale of the confiscated property of the Managing Director of the then Oceanic Bank Plc, Cecilia Ibru, by the Asset Management Corporation of Nigeria. The Senate said the procedure was not open. This was even as AMCON disclosed that Ibru was still owing about N16.1 billion. The Senate Committee on Drugs, Narcotics, ...
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Tag Archives: Nigerian senate committee on housing
Non Passage of Social Housing Bill Stalls Progress for Mass Housing
The Senate last week stepped down the passage of the Social Housing Bill meant to provide mass houses for the poor and low income earners, citing faulty procedural and legal technicalities that would affect the implementation of the proposed law. The Chairman, Senate Committee on Housing and Urban Development, Senator Bukar Ibrahim, while presenting the committee’s report, had explained that ...
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