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Tag Archives: Nigerians

NGO set to build 5,000 housing units for less privileged in Bauchi

housing units

5,000 housing units will be constructed for the less privileged in Bauchi State by ‎a Non-Governmental Organisation (NGO), Africa Nation Development Programme (ANDP). The houses will be built across 10 local government areas across the state in two years. The Bauchi State government ‎has provided plots of land for the project. Speaking, the Director General of ANDP, Samson O. Omojuyigbe,‎ ...

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Over 50,000 Nigerians are now engaged in 127 construction sites– Fashola

Nigerians

The Minister of Works, Power and Housing, Babatunde Raji Fashola, has disclosed that over 50,000 Nigerians are now engaged in 77 works and 50 housing construction sites across the country, while only 277 foreigners are working in the sites. According to Fashola, the figures are contained in the “Inception Report” the Ministry of Works, Power and Housing recently commissioned to ...

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Nigeria records $45.7bn investments in six months

Nigeria

Nigeria recorded a total investment commitment of $45.7bn in various sectors of the economy within the first six months of this year. Figures obtained from the Nigerian Investment Promotion Commission showed that the $45.74bn investment commitments were made for 42 projects in nine states and the Federal Capital Territory. The sectoral analysis of the commitments indicates that investors were willing ...

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FMBN seeks 500billion recapitalisation

FMBN

The Federal Mortgage Bank of Nigeria (FMBN) plans to recapitalise to the tune of N500 billion, its Managing Director, Ahmed Dangiwa, has said. Dangiwa, who spoke with State House correspondents after a closed-door meeting with Vice President, Yemi Osinbajo, at the Presidential Villa, said the recapitalisation would boost service delivery. He said: “We came to see the vice president as ...

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2018 Budget: NIESV expresses fear over non-implementation

2018 budget

Bearing in mind the late passage of the 2018 budget and the fact that only 50 per cent of what was budgeted for the housing sector in 2017 was released, the Nigerian Institute of Estate Surveyors and Valuers (NIESV) has expressed fears that the sector might not receive up to 25 per cent of its allocation for 2018. Citing so ...

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Nigerians are tired of cheap excuses – NIESV tells Buhari

Nigerians

As controversies continue to rage over the 2018 budget recently signed into law by President Muhammadu Buhari, the Nigerian Institutution of Estate Surveyors and Valuers (NIESV) has declared that Nigerians were tired of excuses. Mr. Rowland Abonta, the President of NIESV, spoke on Thursday in Enugu, where he accused the political leaders of justifying their failure to address critical issues ...

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Chinese firm set to invest $300m in mass housing scheme

housing scheme

Steven Kim, Director, One Belt and One Road, Financial Operation Office, China, says Chinese government through his organisation will invest 300 million dollars in Nigeria’s mass housing scheme soon. He made this known at a news briefing organised by Zvecan Homes and Estates on Tuesday in Abuja. Mr. Kim noted that his organisation was collaborating with Zvecan Homes and Estate ...

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NBS records 2,598 road accidents deaths in 6months

NBS

No fewer than 2, 598 Nigerians died in road accidents between October 2017 and March 2018, according to the National Bureau of Statistics (NBS). The NBS disclosed this in the Road Transport Data for the 4th quarter, 2017 and 1st quarter, 2018, posted on its website. The breakdown showed that 1, 306 Nigerians died in road accidents in the fourth ...

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NIESV seeks reliable data in housing sector

NIESV

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has disclosed plans to create verifiable data for prospective investors in the housing sector. Chairman of the Lagos branch of the institution, Rogba Orimolade, stated this yesterday during a courtesy visit to The Guardian in Lagos. He said the initiative, to be spearheaded in Lagos, would address the shortfalls in the ...

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Four police cadets, 2 others die in ghastly motor accident

police cadets

At least six people including four police cadets have been killed in a ghastly motor accident on Kano-Kaduna Expressway on Sunday. Confirming the incident in Zaria, Kaduna State, the Unit Commander, Federal Road Safety Corps (FRSC), Zaria, Muktar Zubairu, described the incident as unfortunate and pathetic. He said the accident involved two vehicles; a J5 bus with registration number: KMC ...

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